Artificial Intelligence News

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• September 2024 - BlackRock and Microsoft partner to launch a fund for AI infrastructure investment. The fund aims to invest in data centers and power infrastructure to support AI technology development.
• September 2024 - AWS plans to invest $10.4 billion in cloud data centers for AI infrastructure expansion. The investment aims to increase capacity for AI workloads and cloud computing resources.
• April 2024 - Nvidia acquires Run:ai, an AI infrastructure orchestration and management company. The acquisition aims to enable Nvidia customers to optimize their AI computing resources.

• February 2023 - SolarEdge acquired Hark Systems, expanding its IoT and energy analytics capabilities for corporate and industrial clients.
• April 2023 - Globalworth partnered with Honeywell to deploy connected technologies in its commercial buildings in Romania and Poland, improving operational efficiency and reducing energy consumption.

• April 2024 - With the introduction of RISE with SAP add-on packages for critical lines of business, customers using RISE with SAP can reap significant value from their cloud ERP investment. Each targeted package augments the complete offering of cloud solutions, infrastructure, and services, creating a strategic arsenal for addressing uniquely nuanced challenges and opportunities. The first two sets of packages that are now available focus on the needs of finance and supply chain organizations. To advance critical functions from digital banking and treasury and risk management to product lifecycle management and logistics,
• December 2023 - , the RBI will establish a fintech repository through the Reserve Bank Innovation Hub containing details about fintech activities, products, technology stack, financial information, etc, By April 2024, Initially managed by the RBI's subsidiary IFTAS, the cloud facility will eventually be handed over to a separate entity owned by financial sector participants.

• August 2024 - WiMi Hologram Cloud has introduced the TrusCL framework, leveraging blockchain technology, to tackle the privacy and computational challenges of collaborative learning in AIoT environments. By incorporating homomorphic encryption (HE) and differential privacy (DP) techniques, the TrusCL framework significantly bolsters data protection and privacy in its domain.
• May 2024 - Pairpoint, a trading venture leveraging blockchain technology and jointly owned by Vodafone and Japan's Sumitomo Corporation, has teamed up with Sensos. Sensos, a trailblazer in smart labels and a spin-off of Sony Semiconductor Israel is working together to combat supply chain fraud. Pairpoint's "Economy of Things" platform has integrated with Sensos' IoT tracking solution. Meanwhile, Unilog, a US-based logistics operator, is testing this joint solution across multiple sites in the US and Europe.
• April 2024 - Upstream Security announced a significant investment from Cisco Investments. As a frontrunner in cybersecurity, Upstream boasts a robust cloud-based platform, featuring comprehensive XDR solutions tailored for connected vehicles and IoT devices. Their cutting-edge technology swiftly identifies and mitigates cyber threats, ensuring the security and reliability of complex IoT ecosystems and operational networks. This strategic investment not only bolsters our foothold in the IoT domain but also emphasizes our focus on Mobility, Automotive, and Transportation sectors.

• July 2024 - FleetX underscores the significance of a cohesive platform amidst the digital transformation of freight operations. They've developed a singular platform that merges IoT-powered real-time visibility with sophisticated transportation management software. This innovation empowers businesses to monitor their cargo's entire journey and make informed decisions on the spot. By bringing together producers, suppliers, transporters, and clients in a digital realm, FleetX aims to enhance both productivity and decision-making.
• February 2024 - Infosys has announced a strategic partnership with Pacific International Lines (PIL), a leading Singaporean shipping company with strong ties across Asia, Africa, the Middle East, Latin America, and Oceania. The collaboration aims to accelerate PIL's digital transformation initiatives, benefiting key stakeholders in the shipping and logistics industry. This partnership will bolster PIL's mission of 'Driving Connectivity', enhancing connections across its operational markets. Additionally, PIL plans to overhaul its online and mobile platforms, aiming to simplify user interactions and enhance customer engagement.
• January 2024 - Accenture has teamed up with Mujin to establish "Accenture Alpha Automation," a venture targeting the manufacturing and logistics sectors. Through data-driven solutions, Accenture Alpha Automation helps businesses streamline their management infrastructure by merging operational data from manufacturing and logistics with management data.

• February 2023: Microsoft launched "Binging," a cutting-edge search engine driven by AI. This innovative search engine is powered by a state-of-the-art OpenAI model, specifically fine-tuned to optimize search capabilities. The new OpenAI model draws from the expertise of ChatGPT and GPT-3.5, resulting in even faster and more precise search technology.
• November 2022: Google introduced local search features that were previously showcased earlier in the year. These features include the ability to search your surroundings using your phone's camera. Google has also unveiled an option to search for restaurants based on specific dishes and a new search functionality integrated into Google Maps' Live View.
• November 2022: Up until this point, search insights were exclusively accessible in English, focusing on users from the US, India, Canada, and the UK. However, YouTube is currently experimenting with expanding the availability of Search Insights on the desktop to more languages, starting with Japanese, Korean, and Hindi, and with plans to include additional languages in the future.

• April 2024: Marelli, a mobility technology supplier for the automotive sector, launched ProConnect. This fully integrated cluster boasts infotainment and 5G telematics capabilities. ProConnect is specifically designed for the Chinese market, where numerous OEMs are merging cockpit and telematics functions in entry and mid-segment vehicles, striking a balance between performance and cost.
• September 2023: Taisys India, in partnership with Lumax Ituran Telematics Pvt. Ltd, a renowned global telematics solution provider for OEMs, has rolled out the iConnect platform. This innovative product is set to redefine automotive connectivity in India. The iConnect platform boasts a suite of advanced features: real-time vehicle tracking, diagnostics, remote management, smart infotainment, intelligent alerts, emergency response, and driver assistance. 

• March 2023 - Monogoto, a cloud-based cellular network provider, has announced a new roaming agreement with Skylo Technologies, a Non-Terrestrial Network (NTN) service operator. This new partnership lowers developers' barrier to adding satellite connectivity to existing public and/or private networks on Monogoto Cloud, giving the world's most economical and accessible solution for NB-IoT Satellite connectivity for asset monitoring solutions. Also, SODAQ, a low-power tracking and sensing system developer, will unveil a new asset-tracking trial kit using Monogoto connection and network.
• January 2023- Airgain, Inc., a global provider of wireless connectivity solutions that includes embedded components, external antennas, and integrated systems, has announced a partnership with Deutsche Telekom IoT to connect its asset tracking devices with Europe's leading IoT network coverage for a best-in-class solution. These devices have industry-leading battery life of up to 14 years, cutting-edge cellular technologies such as LTE-M and NarrowBand IoT (NB-IoT), and the ability to effortlessly interface with any business software stack.

• In January 2024, Targa Telematics SPA announced the acquisition of Earnix’s telematics business to expand insurance digitization. Through this acquisition, Targa assumes ownership of Drive-it, which has a solution to develop a behavioral analysis of drivers, leveraging machine learning and Artificial Intelligence technologies.
• In December 2023, MiX Telematics and Powerfleet to Present at the Raymond James TMT and MiX Telematics and Powerfleet announced a business combination, which was expected to create one of the most extensive mobile asset Internet of Things (IoT) Software-as-a-Service (SaaS) providers in the world.

• July 2023 - WM began operations at its new USD 35 million, 14,500 square foot renewable natural gas plant located at the Texas-based company’s Eco Vista landfill, the company said in a news release. Construction on the new facility began two years ago, and the company plans to employ 125 construction workers and four workers to manage the facility, which will have a capacity of 14,500 square feet. The company said the new facility is expected to be fully operational by the end of May.
• June 2023 - The Government of India supported the second phase of the City Investments to Innovate, Integrate, and Sustain (CITIIS) project, a program under the ambit of the Smart Cities Mission, which aims to encourage blended waste management and climate-oriented reform actions. The CITIIS 2.0 will be executed in 18 cities.