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AI in Business
Gen AI Foundry for Financial Services
New York, 15 April 2024 – Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation. Read More
Tokens.com to Acquire AI and Robotics Business
Tokens.com Corp., a technology investment company, has entered into a share purchase agreement dated April 4, 2024 (the “Share Purchase Agreement”) to acquire all of the issued and outstanding shares of Simulacra Corporation, a Nevada-based technology company. Simulacra owns and operates three subsidiaries focused on the integration of artificial intelligence (“AI”) and high quality, humanoid robots that improve the human experience through connection, learning and play. It is expected that the transaction will close on or about April 16, 2024. All amounts herein are expressed in U.S. dollars, unless otherwise stated. Read More
Exasol Finds AI Underinvestment Leads
NUREMBERG, Germany – March 20 – Senior decision-makers know that AI is critical for their business’ viability, yet despite growing stakeholder pressure to implement the technology quickly, regulatory and technological challenges are slowing the process, according to a new report from Exasol, the high-performance analytics database provider. Read More
Sukhdeep Singh Joins SolarWinds as Head of Channel Sales, APJ
SYDNEY, Australia – April 3, 2024 – SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today commemorates a quarter-century of producing cutting-edge solutions that deliver value and reduce complexity for enterprises, wherever they are on their digital transformation journeys. Founded in 1999 with a vision to simplify IT management, SolarWinds solutions continue to provide organisations worldwide—regardless of type, size, or complexity—with tools to help IT teams take a proactive approach toward growth, productivity, and innovation. Read More
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