Page 29 - High Value Skill News Today

While Hexaware didnt disclose the financials of the deal, the acquisition would boost the mid-tier IT firms data and analytics capabilities, said the company in a statement. Global investment bank, Canaccord Genuity, advised Softcrylic on the transaction.

Strider Robotics develops agile legged robots for rough terrains. Hones quadruped robot platform. Emphasizes motor drivers, robotic joint actuator, and actuator testing. Includes pneumatic soft gripper, VayDyn, and autonomous drone platforms.

ARTPARK, Indias pioneering AI and robotics hub established in 2020 within the Indian Institute of Science (IISc) campus, Bengaluru, aims to foster inclusivity and equitable access to technology. With a core focus on innovation, skilling, and industry collaboration, ARTPARK nurtures startups, supports research, and tackles societal challenges. Backed by substantial funding, its a nexus for developing cutting-edge solutions and driving Indias technological advancement.

Foxconn anticipates higher second-quarter revenue with record April sales and strong growth in AI server demand, smart consumer electronics, and cloud products. CEO Tim Cook optimistic about revenue growth.

Indias FIU enhances anti-money laundering efforts with AI-powered FINnet 2.0. The system analyzes suspicious transaction reports, assigns risk scores, and collaborates with various enforcement agencies using advanced technologies for efficient financial intelligence processing.

Pravaig Dynamics offers support to Tesla interns after Elon Musks cost-cutting, inviting them to the Silicon Valley of India to recognize their talents amid concerns about job cuts and logistical challenges.

Upgrades to OpenAIs ChatGPT and Metas Llama system introduce significant advancements in AI capabilities. GPT-5 and Llama-3 will revolutionize human-machine interactions, transforming industries and societies globally for enhanced efficiency and effectiveness.

Sofia Hernandez, TikToks global head of business marketing, declared that TikTok had gone from "being viral to vital" for businesses. The companys executives introduced new tools for running ads against trends and events like the Summer Olympics in Paris.

AI marks one of the biggest advances in military aviation since the introduction of stealth in the early 1990s, and the Air Force has aggressively leaned in. Even though the technology is not fully developed, the service is planning for an AI-enabled fleet of more than 1,000 unmanned warplanes, the first of them operating by 2028.

Coforges $220 million acquisition of Cigniti under CEO Singhs leadership aims to expand into new verticals, add fortune-500 clients, and strengthen North America market. Past acquisitions and focus on organic growth indicate a strategic approach to growth.