According to the European Automobile Manufacturers Association (ACEA), over a fifth of cars sold in the European Union were fully electric vehicles. Fully electric models accounted for 21% of the sales in the EU, making it the first time EVs constituted over a fifth of total sales in the union, despite being a slow number …
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Los Alamos National Laboratory researchers have made a breakthrough in the digital landscape by developing a new machine-learning algorithm. The algorithm can identify key characteristics of large datasets and factorize them into manageable batches. Its ability to resolve hardware bottlenecks by processing datasets surpassing a computer’s available memory, as evidenced by the test run on …
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Amazon established its biggest last-mile delivery center and inaugurated the warehouse on Thursday in Mexico City. The e-commerce giant aims to provide fast deliveries in one of Latin America’s most densely populated cities. After launching in Mexico in 2015 and investing 52 billion pesos (around $3 billion) in expanding its consumer base to Latin America’s …
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Infosys, one of India’s biggest tech firms, signed a $1.5 billion contract with a “global company” to use the company’s artificial intelligence (AI) solutions and platforms for a 15-year period. According to the deal, Infosys will leverage the company’s AI solutions to deliver world-class business services and digital experiences. “Infosys has entered into a memorandum …
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The European Commission has sanctioned a significant €8.1 billion (approximately $8.7 billion) in state aid to spearhead cutting-edge technological advancements. This mammoth investment is primarily earmarked for the burgeoning sectors of microelectronics and communication technologies, which are viewed as cornerstones for Europe’s technological future. Amid a rapidly evolving global tech landscape, this latest move underscores …
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Adobe on Wednesday expanded its catalog with new generative artificial intelligence (AI) features and made them accessible to users. The company also announced plans to increase prices and pay contributors who contributed to developing and rolling out the AI features. The American software company released Firefly, its collection of generative AI tools and models, with …
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India has suspended visa services for Canadian citizens, citing concerns over “security threats” to its diplomats stationed in Canada. This drastic move is the latest in contentious developments between the two nations. Suspension of Visa Services On September 21, 2023, BLS International, the firm responsible for processing Indian visa applications in Canada, released an official …
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Universities are at the forefront of adopting immersive technologies, and Stanford University is leaving no stone unturned in revolutionizing education by augmenting virtual reality. Educational institutes are using virtual reality technology as a teaching platform, even though it is still in its nascent stage of development. VR is a technology that creates immersive, computer-generated environments, …
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OpenAI, a pioneer in the realm of artificial intelligence, has recently unveiled an exciting development tailored specifically for the corporate arena—ChatGPT Enterprise. This specialized version of ChatGPT has been carefully designed to meet the unique requirements of large businesses. With its collaboration with Microsoft, OpenAI embarks on a journey to expand its reach and cater …
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Where is the talent acquisition world heading? Zero-Touch Applicant Tracking Systems (ATS) is gaining timely significance in the world of recruitment. It is a tool in the HR universe that can end the frustration experienced by job seekers and employers. Zero Touch Applicant Tracking System (ATS) incorporates transformative technologies such as artificial intelligence and machine …
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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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