Category: Tech
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Shorthills AI Studio Now Available in the Microsoft Azure Marketplace
Shorthills AI announced the availability of Shorthills AI Studio in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Shorthills AI customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. Shorthills Al Studio modules like DocLens, Chatscribe, and BidCortex extract
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Cognizant India CMD Rajesh Nambiar Resigns to Join Nasscom
In a significant shift within the Indian IT landscape, Rajesh Nambiar has stepped down as the Chairman and Managing Director (CMD) of Cognizant India to take up a prominent role in the Indian IT industry’s apex body. His resignation, announced today, marks a notable transition as he moves from leading a major IT services firm
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Hotshot Unveils Text-to-Video AI Generator
In a new development for the digital media landscape, Hotshot has introduced a cutting-edge text-to-video AI generator, marking a significant leap forward in the realm of artificial intelligence. This innovative tool, detailed in VentureBeat’s recent coverage, promises to transform how users create video content, making it more accessible and efficient than ever before. Changing the
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Elastic Launches Express Migration for Legacy SIEM Users
Elastic announced Elastic Express Migration, a new incentive program that allows organizations to migrate away from legacy SIEM vendors and adopt Elastic’s AI capabilities quickly and efficiently. The program’s two key incentives build on Elastic’s simple consumption-based pricing model, with migration credits to mitigate dual-vendor costs during transition plus service credits that can be applied towards
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Everyday AI and Digital EX Are Two Years Away from Mainstream Adoption
Everyday AI and digital employee experience (DEX) are projected to reach mainstream adoption in less than two years according to the Gartner, Inc. Hype Cycle for Digital Workplace Applications, 2024. “Everyday AI promises to remove digital friction, by helping employees write, research, collaborate and ideate,” said Matt Cain, Distinguished VP Analyst at Gartner. “It is
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Tencent Cloud and GRM Unveil Alto Cloud in Malaysia
Tencent Cloud has announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialising in building digital infrastructure. By leveraging Tencent Cloud’s advanced Cloud Dedicated Zone (CDZ) solution, GRM successfully launched its core business, Alto Cloud, a brand-new internet data centre (IDC) in Cyberjaya, on June 26. The Grand Launching Event marked the beginning
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Technopark’s software export crosses Rs 13,255 cr, marking 14% growth
The revenue from software exports by Technopark’s IT/ITeS companies has clocked Rs 13,255 crore for the Financial Year (FY) 2023-24, marking a 14 percent growth compared to last year. The software export revenue of Technopark for the FY 2022-23 was Rs 11,630 crore. Covering a total area of 768.63 acre with 12.72 million sqft built
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NASA and Rocket Lab’s Bold Mars Mission: A $1 Billion Leap for Mankind
In a groundbreaking announcement that’s sparking excitement across the globe, NASA and Rocket Lab have unveiled a pioneering mission that promises to make the dream of traveling to Mars more achievable than ever before. Dubbed “Project Red Horizon,” this audacious venture aims to slash the cost of interplanetary travel to just $1 billion—a staggering 90%
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Elastic Accelerates SIEM Data Onboarding with Automatic Import Powered by Search AI
Elastic is accelerating the adoption of AI-driven security analytics by automating SIEM data onboarding with Automatic Import. This new feature — the only one of its kind for a security analytics or SIEM solution — automates the development of custom data integrations. With Automatic Import, Elastic Security now adds custom data sources faster than any
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Innoviti Raises Rs 70 Crore in Series E Funding
Innoviti Technologies, a leading payments-centric retail SaaS platform, has successfully raised Rs 70 crore in its Series E funding round. The investment round was led by Random Walk Solutions, with participation from existing investors Bessemer Venture Partners, Patni Family Office, and Alumni Ventures. The fresh capital infusion will be utilized to accelerate Innoviti’s expansion into
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