Infosys and Microsoft Team Up to Advance AI, Billionaire to Invest $200 Million in AI, and More AI News You May Have Missed
Infosys and Microsoft have joined forces to collaborate on the development of AI solutions, utilizing services like Infosys Topaz and Microsoft Azure. Meanwhile, French billionaire Xavier Niel plans to invest $212 million in AI to keep French talent within the country. The investment will be divided among a research lab in Paris, startups, and cloud supercomputing powered by Nvidia. AppyHigh has introduced an AI-driven app bundle that includes various features such as an AI image generator, photo editor, chat assistant, avatar creator, and VPN & Camera Scanner.
All this and more in today’s AI review.
1. Infosys partners with Microsoft to build AI solutions
Indian IT company Infosys announced today its partnership with Microsoft and revealed its plans to jointly build artificial intelligence solutions. According to the release, both companies will leverage their own AI services, such as Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services, to build AI solutions for companies in various industries. Nicole Dezen, Chief Partner Officer, Microsoft Corp, said: “We are delighted to expand our partnership with Infosys to deliver innovative solutions leveraging Azure OpenAI and Azure Cognitive Services to help customers develop new business models and realize new revenue streams.”
2. A French billionaire invests more than $200 million in artificial intelligence
Xavier Niel, who is the majority owner of the French Internet service provider Iliad, is investing almost $212 million in artificial intelligence. According to a Bloomberg report, the funds will be split between a future research lab called “Sphere” in Paris, also funding for startups, and cloud supercomputing capabilities provided by Nvidia. In an interview, the French billionaire stated that he aims to bring back French scientists who left the country to work for large technology companies. “We don’t want our cloud and AI to be based on algorithms or machines localized in other countries,” Niel said.
3. AppyHigh announces an application package powered by artificial intelligence
App developer AppyHigh has announced that it will release a generative AI-powered application package aimed at sole proprietors and SMEs. According to the publication, it is an all-in-one package that includes AI Image Generator, AI Photo Editor, Chat Assistant, Avatar Maker, VPN and Camera Scanner. Venus Dhuria, Co-Founder of AppyHigh said, “Generative AI products have the potential to increase productivity and results tenfold in many industries. But the key factors would be exceptional customer support and delivery of high-quality products. Today, we are proud that AppyHigh has built a globally recognized product and delivered it at a third of the cost.”
4. Ex-DeepMind researcher raises $14 million for new AI company
With the artificial intelligence industry booming, former Google DeepMind researcher Vishal Maini has secured nearly $14 million in funding from more than 40 investors to start his own artificial intelligence fund called Mythos Ventures. According to a Bloomberg report, it plans to fund AI startups in their early stages. Maini said in an interview: “I was thinking about space exploration, climate change, longevity and healthcare, and I keep coming back to AI; It’s a transformative technology for all of that.”
5. Wishpond Announces Sales Email AI
Software company Wishpond Technologies has announced its latest business solution, Sales Email AI. According to the release, this AI tool aims to deliver tailored responses to potential customers’ emails and streamline sales communications. Ali Tajskandar, CEO of Wishpond, said: “We are excited to introduce Sales Email AI as a new feature in our PersistIQ solution. Sales Email AI is Wishpond’s fourth product launch that leverages AI capabilities, and we look forward to more integrated AI marketing solutions in the future.
