Expansion
Drugmaker Amgen Invests $200 mn to Establish AI-Driven Biotechnology Innovation Centre in Hyderabad
This state-of-the-art facility will focus on enhancing the discovery and development of next-generation medicines.
Latest
AI Startups
Bengaluru-based Startup RevRag.AI Launches Sophie: An AI Onboarding Agent to Boost Customer Engagement
Sophie aims to address the challenge of revenue loss due to abandoned onboarding and sales cycles.
Big Tech
Microsoft Makes Equity Investment in Cloud Data Firm Veeam Software
Veeam's software is designed to help customers quickly recover their data after cybersecurity incidents, ransomware attacks or accidental data loss.
Datacentre
CtrlS Datacenters Inaugurates its ₹4,000 Crore Hyperscale Facility in Chennai
Named Namma Datacenter , the data centre campus will include two data centre buildings with a combined built-up area of almost 1 million sq feet, and 72 MW IT load capacity.
Startups
CRED Launches Svalbard: AI-based Credit Management and Predictive Scoring Tools
Svalbard provides a unified dashboard that shows total dues across multiple cards, real-time monitoring of credit utilization, and anomaly detection to prevent errors.
Acquisition
IBM to Acquire DataStax to Bolster watsonx's GenAI Offerings
AstraDB will enhance the existing vector capabilities of IBM watsonx.data, IBM's hybrid, open data lakehouse for AI and analytics.
Developer's Corner
Google Makes Gemini Code Assist Free For Developers
Google’s Gemini Code Assist is powered by the advanced Gemini 2.0 AI model.
Expansion
Databricks Expands in India with New Bengaluru Office
This move aims to leverage India's thriving software industry and access its vast pool of world-class engineers to enhance the company's growth in the region.
AI Developments
Salesforce and Google Partner to Bring Gemini to Agentforce
Salesforce’s Agentforce will integrate Google’s Gemini models, enabling agents to work with images, audio, and video, and handle more complex tasks with Gemini’s multi-modal capabilities and two-million-token context windows.
AI Developments
Indegene Launches Cortex, A Fit-For-Purpose Generative AI Platform, Verticalised For The Life Sciences Industry
Cortex by Indegene enables life sciences leaders to adopt and scale this transformative technology with enterprise-grade governance.
Datacentre
Microsoft Pulls Back from 200MW Data Center Leases: TD Cowen
TD Cowen attributes Microsoft's pullback to facility and power delays, comparing it to a similar move made by Meta in 2022 when it canceled several data center leases related to the metaverse.
AI Developments
MongoDB Announces Acquisition of Voyage AI to Enable Organisations to Build Trustworthy AI Applications
Voyage AI's advanced embedding and reranking models enable applications to extract meaning from highly specialized and domain-specific text and unstructured data.