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Friday, February 14, 2025 | 01:34 AM ISTEN Hindi

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Cloud Computing

Amazon, echoes rival Microsoft, says it can't keep up with AI demand

Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward AI-related projects within AWS

Amazon, echoes rival Microsoft, says it can't keep up with AI demand
Updated On : 07 Feb 2025 | 6:58 AM IST

Indian firm AceCloud to offer DeepSeek GenAI with data residency claims

Indigenous cloud service provider AceCloud will offer Chinese artificial intelligence platform DeepSeek-based technology models to businesses with claims that the data residency will remain in India, the company said on Friday. AceCloud offerings include over six DeepSeek models. "AceCloud today announced the availability of DeepSeek GenAI models on dedicated and shared environments on its Cloud Platform. AceCloud is the first Indian sovereign cloud provider to offer DeepSeek GenAI models at scale on its cloud platform to cater to businesses' evolving requirements while ensuring that the data residency never exits India in line with the country's data protection requirements," the company said in a statement. With this, AceCloud has become the first Indian sovereign cloud provider to offer DeepSeek GenAI models. Chinese company DeepSeek made headlines after its AI model R1 overtook ChatGPT as the top-ranked free app on Apple's App Store, challenging the AI dominance concentrated so

Indian firm AceCloud to offer DeepSeek GenAI with data residency claims
Updated On : 31 Jan 2025 | 3:34 PM IST

Cloud, AI-ML top emerging techs adopted by Indian banks, reveals RBI survey

The survey, conducted in November 2024, included responses from 12 state-owned banks and 19 private sector banks to assess the adoption of emerging technologies

Cloud, AI-ML top emerging techs adopted by Indian banks, reveals RBI survey
Updated On : 31 Dec 2024 | 12:38 AM IST

L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal

The strategic investment helps expand the company's Cloud service offering as part of the data centre business

L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal
Updated On : 06 Nov 2024 | 12:24 AM IST

Schneider Electric to buy data centre cooling firm Motivair for $850 mn

The US is the largest market but demand for data centres is growing elsewhere too

Schneider Electric to buy data centre cooling firm Motivair for $850 mn
Updated On : 17 Oct 2024 | 11:58 AM IST

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang
Updated On : 09 Oct 2024 | 11:54 PM IST

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

IT giant Infosys on Wednesday announced expansion of its partnership with Microsoft to help drive global customer adoption of generative AI and Microsoft's cloud platform Azure. Additionally, Infosys will also act as a strategic supplier to support cloud and AI workloads for Microsoft's enterprise customers. It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency, scalability, and agility, according to a regulatory filing. "Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI adoption and enable unprecedented innovation for customers," Nicole Dezen, Chief Partner Officer at Microsoft, said. The collaboration aims to provide innovative solutions that enhance customer

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption
Updated On : 09 Oct 2024 | 5:27 PM IST

Microsoft's Azure posts slowdown in growth, testing investors' patience

The company's Xbox video-gaming unit posted 61 per cent growth in content and services revenue, much of that fueled by the $69 billion purchase of Activision Blizzard, which was completed in October

Microsoft's Azure posts slowdown in growth, testing investors' patience
Updated On : 31 Jul 2024 | 10:52 PM IST

Hexaware sets up new office in Coimbatore to focus on data, testing skills

Global Information technology services and solutions provider Hexaware Technologies has strengthened its footprint in Tamil Nadu with the inauguration of a new office in Coimbatore. The facility would aid the company's existing Business Process Services division which is already operational in the industrial district. The new office would focus on data and testing skills in data modernisation, automation, cloud, software development, data compliance, gen AI among others. "With our expansion in Coimbatore, we are excited to enhance our operational capabilities and access the talented workforce in emerging cities. This initiative highlights our ongoing efforts to innovate and deliver quality service," Chief Operating Officer Vinod Chandran said in a company statement on Friday. The decision to strengthen presence in Coimbatore stems from the strategic and operational advantages. The city boasts of robust talent pool and availability of skilled professionals. Coimbatore is an educatio

Hexaware sets up new office in Coimbatore to focus on data, testing skills
Updated On : 05 Jul 2024 | 4:22 PM IST

Boards need to embrace AI

That's the only way they can navigate future innovations, ethics, and mitigate risks

Boards need to embrace AI
Updated On : 21 May 2024 | 9:05 PM IST

Industry 4.0: Uttar Pradesh govt to equip future workforce with AI

State's Abdul Kalam Technical University (AKTU) has signed a memorandum of understanding (MoU) with IBM for free online courses in such programmes across more than 500 affiliated colleges

Industry 4.0: Uttar Pradesh govt to equip future workforce with AI
Updated On : 21 May 2024 | 5:53 PM IST

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region

It will support customers across the country, including public sector organisations and companies in regulated industries

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region
Updated On : 15 May 2024 | 7:28 PM IST

Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar

Tarafdar spoke how the company has built three million lines of codes using the technology and what is the purpose of its AI-first strategy

Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar
Updated On : 12 May 2024 | 11:23 PM IST

GPUaaS makes expensive piece of computing tech available to the wider world

GPUaaS lets businesses use the expensive chips as needed, paying only for what they use

GPUaaS makes expensive piece of computing tech available to the wider world
Updated On : 12 May 2024 | 9:35 PM IST

Amazon beats estimates; AI boosts cloud growth, revenue forecast lags

Shares of the Seattle-based e-commerce and tech company climbed less than 2 per cent in extended trade after its current-quarter revenue forecast came in below expectations

Amazon beats estimates; AI boosts cloud growth, revenue forecast lags
Updated On : 01 May 2024 | 10:10 PM IST

90% of GCCs plan to harness AI, ML in 2-3 years, says ANSR report

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

90% of GCCs plan to harness AI, ML in 2-3 years, says ANSR report
Updated On : 12 Apr 2024 | 5:04 PM IST

Amazon Web Services owes $525 mn in cloud-storage patent fight: US jury

Chicago-based Kove sued Amazon in the US District Court for the Northern District of Illinois in 2018

Amazon Web Services owes $525 mn in cloud-storage patent fight: US jury
Updated On : 11 Apr 2024 | 8:43 AM IST

TCS announces deal to 'transform' Danish firm Nuuday's IT infrastructure

Multi-million dollar agreement involves Nuuday's IT infrastructure being shifted to Cloud platform of TCS

TCS announces deal to 'transform' Danish firm Nuuday's IT infrastructure
Updated On : 14 Mar 2024 | 2:30 PM IST

About 30% of business applications have moved to cloud in India: Oracle

Kumar further added that today every customer across verticals like BFSI, telecom, retail, large or SMB etc., are discussing cloud and how fast they can do so

About 30% of business applications have moved to cloud in India: Oracle
Updated On : 14 Feb 2024 | 9:12 PM IST