Now, An Indian Aggregator For GenAI Apps Offers Daily Subscription Plan

Just when you thought the subscription world had everything from rides to ramen, here comes the Uber of AI — delivering algorithms instead of appetizers, all in one sleek package. But will an aggregator model for GenAI platforms work? Independent…

Google Faces Scrutiny As DuckDuckGo Calls For Fresh EU Probes Into Compliance

DuckDuckGo has urged the European Commission to open three investigations into Google’s compliance with the EU’s Digital Markets Act (DMA), alleging non-compliance with key obligations under the law.  Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research, added that it’s important…

IT Firms’ Margins Hit A Three Year Low In FY24

As economic troubles starting with the war in Ukraine spelled trouble for Western markets like Europe, firms have largely been reporting declining margins in every financial year. The risk of recession in the 2024 fiscal along with necessary investments into generative AI…

HPE’s Acquisition Of Juniper Will Propel Its Position In The Global AI Race

Juniper's Mist AI is of strategic importance to HPE. This is due to HPE's shift in computing strategy, which is increasingly focused on enabling a broad spectrum of AI applications. “HPE is experiencing a plateau in growth within its established…

Questions Raised As Amazon Q Reportedly Starts To Hallucinate And Leak Confidential Data

As Amazon's next big bet in generative AI starts to hallucinate, experts question if the new generative AI assistant is ready for prime time. Reports of hallucinations raise concerns about the need for regulations and the severity of rules that…

Around 79% Of ChatGPT’s Enterprise Customers Come From Microsoft Azure-OpenAI Partnership

Most of the customers are still exploring the technology at proof-of-concept stages and the real picture will only emerge once it completes a year and yearly subscription renewals happen, say analysts. According to Sanchit Vir Gogia, founder and CEO of…

Google’s ‘Multimodal’ AI Model Gemini: What It Means For Enterprises?

Google’s Gemini has already got enterprises and start-ups excited as they find a worthy alternate to OpenAI’s GPT-4, said industry experts, coming few days after the technology giant unveiled its largest and most advanced AI model to date. While Gemini is…

IBM’s Q3 2023 Results – Evidence Enough That The New IBM Has Arrived

IBM announced its Q3 2023 results on October 25, 2023. As a normal course, we started to pen a research note to document our observations from the quarterly announcement. But something stopped us in our tracks. The timing of the…

Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast

In an indication of worsening macroeconomic conditions and its impact on the IT sector, Accenture Plc on Thursday announced that it would cut about 19,000 jobs or 2.5 percent of its workforce over 18 months and lowered its annual revenue projections for…