All articles by Refna Tharayil
Refna Tharayil
Microsoft and Lumen partner to drive AI innovation and digital transformation
Additionally, Microsoft has selected Lumen Technologies to enhance its network capacity and capability to meet the growing demands on its data centres driven by AI
Mistral unveils new large language model Mistral Large 2
Mistral Large 2 features a 128k context window and supports multiple languages, including French, German, Italian, Spanish, Portuguese, Arabic, Hindi, Russian, Chinese, Japanese, and Korean.
IBM’s net income for Q2 2024 increases by 16% to $1.8bn
The US technology company’s total revenue for the reported quarter remained flat at around $15.8bn, compared to revenue of $15.5bn earned in Q2 2023
US, UK, and EU tackle generative AI competition challenges in joint statement
The statement by the world’s leading competition regulators acknowledged the disruptive potential of AI models while noting their capacity to foster innovation and economic growth.
Meta rolls out new open-source AI large language model Llama 3.1
Llama 3.1 has been designed to drive new applications and modelling approaches, including synthetic data generation to improve and train smaller models.
Google’s parent Alphabet reports 29% surge in Q2 2024 net income
Alphabet’s revenues for Q2 2024 were up by 13.5% to $84.74bn, driven by growth in its search and cloud segments, compared to $74.6bn in Q2 2023
UK DSIT announces £33m funding boost for national space projects
The funding is allocated through the UK Space Agency’s National Space Innovation Programme, which seeks to invest in promising technologies, promote innovation, and drive growth throughout the country
Google unveils new weather prediction model NeuralGCM
Developed in partnership with the European Centre for Medium-Range Weather Forecasts, NeuralGCM brings together established physics-based modelling and ML for enhanced simulation accuracy and efficiency
SAP’s Q2 2024 total revenue increases by 10% to €8.3bn
The German software major had a decrease of 11% in its operating profit for the second quarter of 2024 to €1.22bn, compared to the €1.37bn in the corresponding quarter of the previous year
Vodafone divests additional 10% stake in Vantage Towers for €1.3bn
Following the completion of the latest transaction, Oak Holdings holds an 89.3% stake in Vantage Towers while Vodafone’s effective ownership has decreased to 44.7%