InfiniBand vs. Ethernet—the Race is On! REDWOOD CITY, Calif., Jan. 16, 2024 /PRNewswire/ — According to the new AI Networks for AI Workloads report by Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, spending on switches deployed in AI back-end networks is forecast to expand the Data Center Switch Market by 50 percent. Current data center switch market spending is on front-end networks used primarily to connect general-purpose servers. AI workloads will require a new back-end infrastructure buildout. The competition intensifies between InfiniBand and Ethernet as manufacturers vie for market dominance in AI…
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CAMBRIDGE, Mass., Jan. 16, 2024 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Tuesday, February 13, 2023, at 4:30 p.m. ET. The call will include the company’s fourth quarter and full-year 2023 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai’s Investor Relations page. The live dial-in information for the conference call is: In addition, a replay of the call will be available for two weeks following the conference by calling (877) 344-7529 (or (412) 317-0088…
Netskope expands leadership team following recent FedRAMP® High Authorization achievement, ahead of January 24 SASE Summit in Washington DC SANTA CLARA, Calif., Jan. 16, 2024 /PRNewswire/ — Netskope, a leader in Secure Access Service Edge (SASE), today announced the appointment of two seasoned United States public sector leaders as part of its commitment to a strategic growth path for Federal: Christian Apostolou to lead U.S. Federal Sales; and former Cybersecurity and Infrastructure Security Agency (CISA) Chief of Staff Kiersten Todt to Netskope as a CxO Advisor. Apostolou brings to Netskope more than 25 years of experience in the technology industry serving both the private and public sectors. Prior to joining Netskope,…
HERNDON, Va., Jan. 16, 2024 /PRNewswire/ — A new package of measures, including certification to a new management system designed to enable the safe, secure and responsible use of Artificial Intelligence (AI) across society, is being launched by BSI, following research showing 61% want global guidelines for the technology. The scheme, aligned to the recently published international management system standard for AI (BS ISO/IEC 42001), is intended to assist organizations in responsibly using AI, addressing considerations like non-transparent automatic decision-making, the utilization of machine learning instead of human-coded logic for system design, and continuous learning. Susan Taylor Martin, CEO, BSI said: “AI is a transformational…
TEL AVIV, Israel, Jan. 16, 2024 /PRNewswire/ — RADCOM Ltd. (NASDAQ: RDCM) announced today NetTalk – Generative AI (GenAI) applications that are part of its RADCOM ACE portfolio, enabling operators to adopt the power of Generative AI and trusted data to manage their network operations faster and cost-effectively. By enhancing engineering team productivity, optimizing 5G network quality, and simultaneously driving down costs, these innovative applications contribute to an improved customer experience. Operators can talk with their network and leverage rich insights through GenAI and custom large language models (LLM). Executives and engineers can use natural language to tap into the wealth of data RADCOM ACE…
WINNIPEG, MB, Jan. 16, 2024 /PRNewswire/ – Laivly, an AI technology company focused on developing high-impact automation solutions for the contact center industry, has been recognized as one of Canada’s Best Startup Employers 2024 by Forbes and Statista Inc., ranking second on the list of 200 companies across the country. “We’re thrilled to be included on the Forbes list,” said Jeff Fettes, founder and CEO of Laivly. “The AI technology landscape is changing so rapidly right now that it can be challenging to create a fun and satisfying culture where you know your work every day is making a difference. We put a lot of…
With the Databricks platform, Finastra will deliver more advanced data and AI-driven solutions and services to financial institutions globally LONDON, Jan. 16, 2024 /PRNewswire/ — Finastra, a global provider of financial software applications and marketplaces, today announced it is working with Databricks, a data and AI company, to provide more value-added solutions and services to its customers and partners globally. The collaboration enables Finastra to further unlock access to its data and deliver additional value with AI, including generative AI (Gen AI) capabilities. It also enhances the quality, performance and security of its product development at a reduced time-to-market. Using Databricks, Finastra has rolled out…
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)www.cgi.com/newsroom New solution from CGI enables deeper real-time data analysis, monitoring, and responsenot previously possible through traditional technology and human-only efforts MONTRÉAL, Jan. 16, 2024 /PRNewswire/ – CGI (NYSE: GIB) (TSX: GIB.A) today announces the launch of new computer vision solution, CGI Machine Vision, which uses the power of artificial intelligence (AI) to transform asset and infrastructure monitoring. The solution enables organizations across industries to improve processes, increase efficiencies and reduce costs by generating business intelligence not previously possible through traditional monitoring solutions or human-only inspection. CGI Machine Vision, developed by CGI AI experts in Australia, uses deep neural network AI and…
NOIDA, India, Jan. 16, 2024 /PRNewswire/ — The management of Newgen Software Technologies Ltd. announced results for the quarter ended December 31, 2023, at its Board Meeting held on January 16, 2024. Key Highlights- Q3 FY’24 v/s Q3 FY’23 RevenuePATNew Logo WinsRs 324 CrRs 68 Cr11(27% Q3 YoY growth)(45% Q3 YoY growth) Speaking about the results, Diwakar Nigam, Chairman & Managing Director, Newgen Software Technologies Ltd. said, “In the nine-month period ending December 2023, Newgen has demonstrated strong growth in revenues led by India and EMEA. We are witnessing tremendous opportunities in the Lending and Trade Finance space. We have also maintained robust profitability and strong cash flow generation, highlighting the financial strength and resilience of our operations. Through our investments in innovation, people, and…
MeWe, with over 20 million members, strengthens its position as the world’s largest decentralized social network by leveraging Frequency, a Layer-1 blockchain developed by Amplica Labs. LOS ANGELES, Jan. 16, 2024 /PRNewswire/ — MeWe, a global social network with 20+ million users and Amplica Labs, a technology development company launched by McCourt Global, announced a significant achievement today in their joint mission to provide users with more control over their data and sharing experiences. This partnership successfully moved 500,000 active MeWe users to Web3 by utilizing the Frequency blockchain, which Amplica Labs played a key role in developing. This migration…