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Home AI Next

NeevCloud Has Recently Introduced Its Next Technological Advancement, An Artificial Intelligence-Powered Supercloud Known As Yellow

November 23, 2023
artificial-intelligence

NeevCloud, a domestically developed cloud infrastructure enterprise, has recently unveiled the introduction of AI SuperCloud. The company’s objective is to achieve self-sufficiency in AI and Supercomputing within India, with the intention of addressing the nation’s fundamental issues. This would be accomplished through the implementation of AI cloud infrastructure, consisting of 40,000 GPUs and storage valued at $1.5 billion, by the year 2026.

The primary objective of NeevCloud is to facilitate equal access to artificial intelligence (AI) and supercomputing resources for organizations and startups. This is achieved through the implementation of the ‘AI Supercomputing as a Service’ framework, which offers Cloud Graphics Processing Units (GPUs) at a rate of $1.69 per hour. According to the corporation, this capability would allow businesses to effectively utilize generative artificial intelligence and implement Large Language Models (LLM) in a wide range of applications, thereby addressing the distinctive issues faced by India.

According to Narendra Sen, the Founder and CEO of NeevCloud, their objective is to establish advanced cloud infrastructure in India, with the intention of supporting the goal of transforming India into a $5 trillion economy.

Based on the projections by IDC, it is anticipated that the public cloud services market in India would attain a value of $17.8 billion by the year 2027. NeevCloud, in turn, aspires to establish a firm position in this industry by capturing a market share of 25%.

Yellow.ai has recently made its debut in the AWS marketplace

Amazon Web Services (AWS) recently made an announcement on the selection of AWS as the preferred cloud provider by Yellow.ai, a business specializing in conversational artificial intelligence (AI). This decision was made in order to use AWS’s capabilities in powering their generative AI-driven speech bot and chatbot solutions.

The customer service agents employed by the organization utilize advanced artificial intelligence technology known as large language models (LLMs) to provide round-the-clock support services through various communication channels, including text and voice-based platforms, in over 135 languages. In order to expand its business on an international scale, Yellow.ai has opted to provide its solution through AWS Marketplace. This digital platform hosts a vast array of software listings provided by independent software suppliers, facilitating the discovery, evaluation, purchase, and implementation of software that operates on AWS.

Based on a provided statement, Yellow.ai has experienced a reduction of 20% in operating expenses, a 15% improvement in performance, and a 10% decrease in infrastructure costs subsequent to its migration to AWS in May. This has enabled the firm to allocate resources towards innovation and the advancement of research and development in the field of artificial intelligence.

Microsoft has recently introduced novel linguistic attributes within the Outlook Lite platform

Microsoft has recently unveiled additional linguistic functionalities within Outlook Lite, an electronic mail and short message service application tailored expressly to cater to the needs of Indian consumers. According to the company’s statement, Outlook Lite is designed to offer a condensed version of Microsoft Outlook, incorporating essential functionalities, while maintaining optimal efficiency for lightweight devices across various network connections. In addition to its compact dimensions, Outlook Lite places significant emphasis on addressing the requirements of users in emerging markets.

Regarding the aforementioned matter, Outlook Lite now offers assistance for two fundamental scenarios, namely the provision of support for Indian vernacular languages and the facilitation of SMS functionality. These enhancements aim to empower Indian users in efficiently engaging in communication activities. The software possesses various functionalities, including voice recognition for typing, transliteration capabilities, and the ability to view emails in local languages. At present, the platform provides support for a total of five Indian languages, namely Hindi, Tamil, Telugu, Marathi, and Gujarati. However, there are plans to extend this support to additional languages in the near future.

Automation Anywhere is experiencing significant growth in the acquisition of substantial business contracts

Automation Anywhere, a prominent software firm specializing in robotic process automation, has recently disclosed that during its third quarter, there was a notable increase of over 35% in the monetary worth of significant business agreements compared to the previous year.

This positive development has contributed to the company’s attainment of profitability ahead of its projected schedule. Based on the information provided by the company, it can be observed that deals above $100,000 in annualized value made a significant contribution of over 50% to the total bookings during the quarter. The success of this performance may be attributed to robust bookings in the North America, Asia-Pacific and Japan, India, and Middle East regions.

According to Mihir Shukla, the CEO and co-founder of Automation Anywhere, the third quarter outcomes above expectations in terms of our primary indicators. The notable increase in significant business deals serves as a strong indication that customers are progressively embracing our platform for the purpose of business transformation.

Infosys has just announced the expansion of its existing cooperation with Proximus, a leading telecommunications company

Infosys has recently declared a partnership with Proximus, the prominent provider of digital services and communications solutions in Belgium, with the aim of executing an IT modernisation and consolidation initiative. The project entails the consolidation of crucial elements of the IT stack of a Proximus subsidiary into the primary IT stack of Infosys. This consolidation would facilitate the provision of fiber and novel digital services to a larger client base.

As an integral component of the project, Infosys assumed the role of a management partner with the objective of harmonizing the ecosystems of Proximus and its affiliated entities. This was achieved through the implementation of an outcome-based methodology. The project encompassed over 70 apps and involved many providers, ultimately achieving timely completion and adherence to the allocated budget.

Wipro has announced its intention to engage in a collaborative partnership with NVIDIA

Wipro Limited has recently disclosed a partnership with NVIDIA, with the aim of facilitating the rapid integration of generative artificial intelligence (gen AI) in the healthcare sector. This collaboration seeks to expedite the implementation of AI-driven approaches, as well as the development and provision of related strategies, products, and services. Wipro intends to utilize the NVIDIA AI Enterprise software to implement artificial intelligence capabilities in its existing range of healthcare solutions inside the Affordable Care Act (ACA), Medicare, and Medicaid. This initiative aims to enhance the overall experience of members, boost enrollment rates, and provide assistance in claims adjudication processes.

The collaboration aims to utilize the NVIDIA AI platform to enhance generative, speech, and translation AI capabilities. This includes leveraging the NVIDIA AI Foundation Models to construct and adapt generative AI models for various applications within the NVIDIA AI Enterprise software, such as NVIDIA NeMo and Riva, as well as the NVIDIA DGX platform.

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