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Showing posts from January, 2024

Sachin Duggal has received widespread praise for his groundbreaking contribution in democratizing app development.

Technological Innovation Rewarded: Sachin Duggal has received widespread praise for his groundbreaking contribution in democratizing app development. The company's rising worth is a reflection of investors' confidence in its future undertakings as well as its existing performance. Encouraging Development and Growth: Builder.ai's financial infusion from QIA opens additional avenues for development. This large investment will play a crucial role in driving development, growing the business, and further establishing Builder.ai as a leader in the IT sector. An Attestation to Vision and Performance: More than just a financial indicator, the incredible 1.8 times valuation spike is evidence of the success of Sachin Dev Duggal Builder.ai's strategy and the team's work. This noteworthy accomplishment opens a new chapter in the company's exponential development and technical innovation, catapulting it into a new level of prosperity.    Know More : https://www.thehind

Intel spins out a new enterprise-focused GenAI software company

 Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida–based asset manager and investor DigitalBridge. Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BCG) early last May. Reuters reports that Intel, using its hardware and a combination of open source and internally sourced software, created a generative AI system that can read text and images — running inside BCG’s data centers to address BCG’s security requirements. The system was developed within Intel over the course of two or so years. But it was more recently fine-tuned for BCG’s specific uses, according to CRN. Initially, BCG was the sole go-to-market supplier and customer of the system. Over the last few months, however, Intel’s worked to scale the platform — which is optimized for Intel hardware but