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IBM releases new AI models for businesses as genAI competition heats up

The new Granite models were trained using AI chip leader Nvidia's H100 graphics processor units (GPUs), said Dario Gil, IBM's director of research

Wipro's hybrid policy: Employees to work from office three days a week

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

Tech layoffs 2024: Over 100,000 IT jobs cut in second half of the year

Tech layoffs 2024: Major IT firms such as IBM, Cisco, and Microsoft have laid off over 100,000 employees across the globe in the second half of 2024

AI adoption will continue to accelerate in India, says IBM's Sandip Patel

Patel noted that while over 30% of Cloud spending is wasted, the issue with AI is not waste but insufficient scaling

Australian university to start its courses at GIFT City from November

The University of Wollongong (UOW) will be one of the first Australian universities to start courses at GIFT City of Gujarat from November, it said on Tuesday. It will start post-graduate courses with intake of 50 students each in courses including Master of Computing (Data Analytics), Graduate Certificate in Computing, Master of Financial Technology, extended Master of Financial Technology, and Graduate Certificate in Financial Technology, said Executive Director, Global Student Recruitment, UOW, Kath McCollim. It has introduced "inaugural scholarship" offering financial benefits to students enrolling in Computing and Financial Technology programs, he said. UOW India has also partnered with IBM whereby students will gain access to IBM's Innovation Centre for Education (ICE). Gujarat International Finance Tec-City or GIFT City is a business district under development in Gandhinagar district.

India at cusp of digital renaissance, responsible AI key: IBM India MD

IBM India Managing Director Sandip Patel on Tuesday announced a "Digital Renaissance" in India, emphasising the country's leadership in AI adoption as he called for a focus on making AI practical, responsible, and embeddable. Patel, Managing Director (MD) of IBM India & South Asia, was delivering a keynote address at the IBM Think 2024 event here. "Today we are living in a defining moment. We are witnessing India's digital renaissance. I like to call it the 'Naya Daur' of digital Bharat, and each one of you here is propelling this charter, IBM, together with you, is committed to innovating in India, for India and the world. "And we are doing that with our focused strategy on hybrid cloud and AI, which are today two of the most transformational technologies of our time," he said. AI, according to Patel, is not just a buzzword but a crucial growth accelerator for India. Citing a recent survey carried out by IBM, he said 59 per cent of Indian enterprises are deploying AI, the highest

AI Alliance adds 7 Indian members including Infosys, AI4Bharat & Sarvam AI

Founded in 2023, the group aims to promote open, safe, and responsible artificial intelligence practices globally

IBM shares near record level as company shifts focus to software, AI

International Business Machines Corp. is up 26 per cent this year, beating tech giants like Apple Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors

Under the collab, both IBM and L&T Semiconductor Technologies anticipate focusing on innovation, functionality, and performance to enable reliable, secure, and scalable computing for range of apps

IBM to revoke ops from China amid tussle between Washington-Beijing: Report

The current shift in IBM's business structure is reportedly due to the rising tensions between China and the US along with an ongoing decline in the Chinese economy

Gnani.ai on a mission to enhance customer experience using voice-first AI

Gnani.ai was founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, after multiple years of experience of scaling tech businesses at Texas Instruments, IBM and Aricent

Data breach cost for Indian organisations up 39% since 2020: IBM report

AI, automation play 'significant role' in accelerating organisations' ability to identify breaches

HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions

IT services company HCL Technologies and tech giant IBM on Tuesday announced a new collaboration to establish a Generative AI Centre of Excellence. Alongwith IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's AI technologies, specifically 'watsonx'. IBM's watsonx is an Artificial Intelligence (AI) and data platform built for business. According to a release, the centre will be available through HCLTech's AI and cloud native labs in Noida, London and New Jersey and Santa Clara in the US. It will help enterprises modernise legacy applications, develop IT service management use cases, reduce coding complexity, improve skill development on the watsonx platform and enable continuous innovation. "This expansion of our work with IBM will facilitate rapid exploration of AI's potential as we create highly differentiated HCLTech offerings using the latest IBM technology. We plan to embed watsonx in HCLTech AI Force with GenAI-powered solutions to support code ...

Gujarat govt signs MoUs with IBM, Microsoft to enhance AI capabilities

The Gujarat government on Saturday signed memorandums of understanding with software giants IBM and Microsoft, and the National Association of Software and Service Companies (NASSCOM) for promoting the use of Artificial Intelligence technologies in the state. The MoUs were signed in the presence of Chief Minister Bhupendra Patel, a government release said. IBM and the Department of Science and Technology, Government of Gujarat, entered into an MoU to establish and promote an AI Cluster to foster innovation and collaboration among financial institutions at Gujarat International Finance Tec (GIFT) City, it said. Microsoft and the Department of Science and Technology signed an MoU to establish an Artificial Intelligence Center of Excellence in GIFT City. The AI Center will focus on key technologies such as machine learning, cognitive services and bot services. The department also signed another MoU with NASSCOM to enhance AI capabilities in the state. Prime Minister Narendra Modi ha

IBM's open source models to help Saudi Arabia train AI systems in Arabic

To make money off the models, IBM offers a paid tool it calls Watsonx that helps run the models smoothly inside a data center after they have been customised

Tech Mahindra, IBM to assist businesses worldwide in adoption of GenAI

IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI). Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI and governance capabilities to enterprises, according to a company statement. "Our work with Tech Mahindra is expected to expand the reach of watsonx, allowing even more customers to build trustworthy AI as we seek to combine our technology and expertise to support enterprise use cases such as code modernisation, digital labour, and customer service," IBM Ecosystem General Manager Kate Woolley said.

From startup to prominence: Wheebox rewriting talent assessment with AI

Wheebox's assessments leverage extensive datasets to identify skills and traits crucial for success, while also ensuring a secure AI-driven evaluation system

LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India

IT company LTIMindtree on Tuesday said it has collaborated with American technology company IBM to establish a global, joint Generative AI Center of Excellence (CoE) for India. The centre will focus on building point solutions to accelerate clients' generative AI adoption journeys. According to a company statement, the CoE plans to offer a comprehensive suite of services, combining LTIMindtree's expertise in data and machine learning model customisation and full-stack engineering with IBM watsonx technology, including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. "Our collaboration, distinguished by the Center of Excellence, is an opportunity for our companies to work closely together to help funnel the latest AI research and innovations into technologies solving real-world business challenges," Kate Woolley, General Manager at IBM Ecosystem, said.

IBM, Microsoft collaborate to launch experience zone in Bengaluru

IBM Consulting and Microsoft on Thursday announced the launch of the IBM-Microsoft Experience Zone in Bengaluru, which is a first-of-its-kind collaboration. The Experience Zone provides a dedicated space for clients to explore how generative AI, hybrid cloud and other Microsoft products and technologies can accelerate their business transformation journeys and help them gain a strategic advantage, IBM said in a statement. At the Experience Zone, clients from around the globe and across industries can work with IBM Consulting, in various technology zones, to co-ideate and co-create generative AI-powered solutions that leverage Azure OpenAI Service, Copilot and other Microsoft technologies, it added. Within the technology stations, clients can explore business solutions for cloud modernisation, data, analytics and advanced AI, customer relationship management, employee experience, finance and operations, IoT and edge, and emerging technology including augmented reality and virtual ...

Executives plan to invest more in GenAI for sustainability: IBM study

Nearly two-thirds of top executives surveyed believe that generative Artificial Intelligence (AI) will be important in their sustainability efforts while 76 per cent of executives plan to increase their investment in this emerging technology for sustainability, a study by IBM Institute for Business Value (IBV) said. Generative AI can be a game changer for data-driven sustainability, enabling organisations to turn trade-offs into win-wins, identify improvement opportunities, and drive innovation at speed and scale, the study said. While 63 per cent of executives surveyed agree that generative AI will be important for their sustainability efforts, 76 per cent say they plan to increase their investment in generative AI for sustainability. "With AI reshaping industries, integrating sustainability into core business practices add to the long-term value creation. The commitment of businesses to invest in Gen AI for sustainability signals a promising move towards a greener, more prosperous