Reliance, led by Mukesh Ambani, and AI chipmaker Nvidia have announced a collaborative effort to establish AI infrastructure in India. The announcement came from Nvidia’s CEO, Jensen Huang, during a discussion with Mukesh Ambani at the Nvidia AI Summit 2024. Huang highlighted the significance of India building its own AI, emphasizing that data should remain …
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Meta is implementing new facial recognition technology on Facebook and Instagram to counter scams involving fake ads and celebrity impersonation. This technology aims to shield users from deceptive ads that misuse images of famous personalities to lure users into engaging with fraudulent promotions. How Facial Recognition Tackles Fake Celebrity Ads Meta’s ad review system will …
IBM has introduced “Granite 3.0,” its latest AI model tailored for businesses pursuing generative AI capabilities. Unlike some competitors, IBM offers Granite 3.0 as open-source, enabling organizations to adapt and customize the model to meet specific business needs. This approach provides companies with greater flexibility and control over how they leverage AI. To support companies …
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A senior leader in the sustainability tech industry has highlighted how AI-driven tools are transforming the way businesses meet Environmental, Social, and Governance (ESG) compliance. By simplifying data collection and addressing the complexities of tracking Scope 3 emissions, these solutions help businesses close critical data gaps and comply with sustainability regulations more efficiently. Tightening Sustainability …
Cherry Bekaert (the Firm) has announced its acquisition of ArcherPoint, a Microsoft Certified Solutions partner serving clients across North America and Europe. This move enhances Cherry Bekaert’s Enterprise Resource Planning (ERP) offerings, further building on its recent acquisition of Kerr Consulting. In addition, ArcherPoint’s presence expands Cherry Bekaert’s footprint into the Canadian market. ArcherPoint, headquartered …
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OpenAI, the company behind ChatGPT, is endorsing California’s AB 3211 bill, which seeks to require tech companies to clearly label AI-generated content. This content can vary from innocent memes to deepfakes designed to spread misinformation about political candidates. However, AB 3211 has received less attention compared to another California AI bill, SB 1047, which requires …
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Cardinal Health Inc. recently witnessed a significant stock transaction by one of its senior leaders. Michelle D. Greene, who serves as the company’s Chief Information Officer, offloaded 4,000 shares of Cardinal Health stock on August 19, 2024. These shares were sold at an average price of $108.85 each, amounting to a total of more than …
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In the period leading up to and throughout the Olympic Games, France’s cybersecurity agency was on high alert to counter potential cyberattacks that could disrupt the organizing committee, ticketing, or transportation systems. Between July 26 and August 11, Anssi, the government’s cybersecurity agency, reported 119 instances of minor security events and 22 incidents where malicious …
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A pharmaceutical company decided to discontinue using Microsoft’s Copilot AI tool, with an executive pointing to its high cost and limited value. After deploying Office 365 Copilot for 500 employees, the company found it underwhelming, likening its performance to that of middle-school presentations. In response, Microsoft is considering restructuring its 365 licenses to enhance the …
Alphabet, Google’s parent company, is on the verge of acquiring cybersecurity startup Wiz for approximately $23 bn, which would mark Alphabet’s largest acquisition to date. The majority of the payment is expected to be in cash, and the deal could be finalized soon, as reported by Reuters. Wiz, initially established in Israel and now headquartered …
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The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.
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