Technologies

IT firm Happiest Minds Technologies on Thursday said it has teamed up with AI company Soroco to enable organisations to solve complex business problems, make data-driven decisions and improve operational efficiency, among other outcomes. The company, in a release, said the partnership aims to 'Redefine the Future of Work with AI'. Soroco's AI model Scout generates a map of hidden pain points that teams face and their impact on business outcomes and solutions. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Microsoft will invest €3.2bn in AI tech in Germany over the next two years, the firm’s vice chair Brad Smith announced today. The investment will see the doubling of Microsoft’s AI and data centre infrastructure capacity in Germany, said Smith. It marks the largest single investment in Microsoft’s 40-year history in the EU country.  German Chancellor Olaf Scholz welcomed the move, noting that it signifies a vote of confidence for Europe’s largest economy.  While the American software giant…

Near the end of the 18th century, a Greek monk named Nikodemos was putting together a massive anthology of Byzantine texts on prayer and spirituality, which he would call The Philokalia. He lamented the state of learning among his fellow monks because they did not have access to the texts of their tradition: "Because of their great antiquity and their scarcity—not to mention the fact that they have never yet been printed—they have…

Gaming and media firm Nazara Technologies on Tuesday said its profit after tax grew 47% on year to Rs 29 crore for the quarter ended December 2023.Revenue for the quarter, however, grew by 2% to Rs 320 crore, up from Rs 315 crore a year ago. For the nine months ended December 2023, the firm saw its revenue grow by 9% to Rs 872 crore, while profit after tax jumped 44% to Rs 75 crore. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…

Credit: Pixabay/CC0 Public Domain A new paper in the Quarterly Journal of Economics finds that a new form of digital technology—essentially preventing people from using an asset for which they have a loan if they don't make payments, rather than repossessing the asset itself—may be a better way for lenders to secure loans, particularly for loan recipients in developing countries. …

Sidewalk delivery robot services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the delivery robotics space, has picked up $90 million in funding as it works to cement its position at the top of its category. This latest investment round is being co-led by two previous backers: Plural, the VC with roots in Estonia and London that…

TVS Motor Company To Make Rs 5,000 Crore Investment In Future Technologies. (Photo: TVS)The investment plan aligns with the automotive industry’s global trend towards adopting cleaner and connected technologies.To embrace cutting-edge technologies, TVS Motor Company recently made an announcement that it will be investing Rs 5,000 crore for the design, development and deployment of future technologies across its product range, according to the report by PTI.The Indian automaker, a prominent player in the two and…

Autonomous delivery startup Starship Technologies announced today it had raised $90mn on its mission to “make science fiction a reality” and roll out its self-driving robots across streets in Europe and the US.  There are sci-fi scenarios where robots turn on their makers, hunt them down, and initiate either the enslavement or the extinction of humanity. Then there are the R2-D2s and the BB8s of the genre — resourceful droid helpers that somehow manage to tug on our heartstrings nearly as much…

NASA’s 2024 Spinoff publication reveals how space exploration technologies have been adapted for use in medical advancements, safety protocols, and environmental sustainability, among other areas, showcasing the agency’s broad impact on improving quality of life and fostering economic growth through its Technology Transfer program. Credit: NASANASA’s annual Spinoff publication showcases the agency’s contributions to technology transfer, highlighting innovations developed for space exploration that now benefit everyday…

With focus on clean, connected, and technologically advanced mobility solutions, it aims to take its exports share to 50% in the next few years.New Delhi: TVS Motor Company on Saturday reiterated its commitment to investINR 5,000 crore towards design, development, and deployment of future technologies across products. "Our core is engineering and R&D, and this is driven by over 2,000 engineers backed by solid design and development capability. Our vision is to…