HCLSoftware announced that it has been selected by the State Bank of India (SBI) for its MarTech solution as part of SBI’s digital transformation programme. As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements. HCL Unica, with its advanced Customer Data Platform, AI capabilities and comp ..read more

Indian SaaS giant Zoho, the first bootstrapped Saas company to reach 100M users, is the preferred choice for tech companies in Africa. The enterprise suite of products from Zoho has been adopted over similar workplace products such as Google Workspace with cost playing a major role in this decision.  Zoho is not only a cost-effective option for tech companies, but the company has allowed the acceptance of regional currencies, which has helped with higher adoption rates. By allowing customers to forgo limitations associated with dollar transactions, transaction processes have become smoot ..read more

Recently, LinkedIn co-founder Reid Hoffman introduced ‘Reid AI’, a twin edition of himself which has been making the rounds on the internet.  He said that it is an experiment to explore whether engaging with an AI-generated version of himself could prompt self-reflection, unveil new insights into his thought patterns, and reveal deep truths. Why did I deepfake myself? To see if conversing with an AI-generated version of myself can lead to self-reflection, new insights into my thought patterns, and deep truths. pic.twitter.com/DWODoZ9lXL — Reid Hoffman (@reidhoffman) April 24, 2024 Dee ..read more

In November last year, Commvault, one of the founding members of the Microsoft Security Copilot Partner Ecosystem, introduced Arlie and Threat Scan Predict to simplify software management, enhance threat detection, and bolster cyber resilience for organisations worldwide. “Earlier clients who used our software had to go through painful steps, unlike any other software. But now, if they want to check which backup jobs failed last week, they can simply ask Arlie,” Balaji Rao, area VP for India & SAARC at Commvault, explained. Arlie, short for ‘Autonomous Resilience,’ is a generative AI tool ..read more

Recently, Bland AI put up a cool billboard advertising promoting its AI agent that can handle all sorts of phone calls for businesses in any voice, and it’s creating a buzz.  This is one cool billboard advertising promoting AI agent. Calling that number will connect u to a live conversation with an AI bot powered by @usebland. pic.twitter.com/A9tCLFU5dP — Alvin Foo (@alvinfoo) April 25, 2024 However, this and others like Devin and Devika are just a glimpse of what’s to come. “A lot of people talk about the ‘ChatGPT moment’, where you’re like ‘Wow, never seen anything like this’. I thi ..read more

Yes, that’s true! Though every other company is busy making AI investments these days, what could be the reason behind a luxury brand like Chanel backing an ML library called scikit-learn? Julien Chaumond, CTO at Hugging Face, shared a screenshot titled – French AI: gpu poor, but luxury rich (sic) – which shows that Chanel is the platinum sponsor for scikit-learn, while Hugging Face and NVIDIA are the silver sponsors for the project’s Inria Foundation.  Chanel supports the scikit-learn community through subsidising core developer salaries and associated activities. TIL scikit-learn, an ..read more

Reid Hoffman, the co-founder of LinkedIn recently discussed various AI topics in an interview with a virtual AI twin of himself. He shared it through a post on X. He said he deepfaked himself to see if conversing with an AI-generated version of myself can lead to self-reflection, new insights into my thought patterns, and deep truths. Why did I deepfake myself? To see if conversing with an AI-generated version of myself can lead to self-reflection, new insights into my thought patterns, and deep truths. pic.twitter.com/DWODoZ9lXL — Reid Hoffman (@reidhoffman) April 24, 2024 In the intervie ..read more

IBM has announced its plans to acquire HashiCorp in a deal valued at $6.4 billion, aiming to expand its cloud-based software products to capitalise on the growing demand for AI-powered solutions. The deal will be closed by the end of 2024. The acquisition of HashiCorp by IBM establishes a comprehensive end-to-end hybrid cloud platform designed to address AI-driven complexity. By combining the portfolios and talent of both the companies, clients will benefit from extensive application, infrastructure, and security lifecycle management capabilities. HashiCorp will working as a division within I ..read more

Augment, a GitHub Copilot alternative, recently announced that it raised $227 million in a Series B funding round at a $977 million post-money valuation.  With this latest funding, Augment plans to use it to accelerate product development alongside expanding engineering, and go-to-market functions as the company gears up for rapid growth. The round was also led by Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, and Meritech Capital, among others.  Augment was founded in 2022 by Igor Ostrovsky, former chief architect at Pure Storage and softwa ..read more

The OpenAI and Moderna collaboration is making the rounds on the internet. But a little-known fact is that Indian fitness and lifestyle startup Healthify (formerly HealthifyMe) is also using OpenAI’s GPTs for real-time nutritional analysis, healthy suggestions and much more. Interestingly, during the release of GPT-4 Turbo, OpenAI recognised Healthify for using the model to perform real-time nutritional analysis. It did that through its image recognition feature, Snap 2.0, leading to a 50% increase in user engagement, which correlates with better diet management and fitness wins.   Acco ..read more