Swedish telecom gear maker Ericsson will increase its investment in Artificial Intelligence (AI) in India, Sweden, and the U.S. to enhance its managed service business. "It is super important for us that we increase AI investments and we are doubling down on India, Sweden, and Silicon Valley," said Peter Laurin,...
U.S., India, China, Lead in Artificial Intelligence
Malcolm Frank, head of strategy at IT firm Cognizant, headquartered in Teaneck, New Jersey, told CNNMoney that the United States, India, and China are far ahead of anyone else in artificial intelligence. In America, Amazon, Facebook, Google, and Tesla are investing billions of dollars to substitute for people in sectors such...
Netflix to Launch Video-on-Demand Services in India
I was in Delhi last week and wanted to continue watching an episode of Scandal on my laptop. But I was blocked because Netflix looked at the Indian IP address of my hotel and said Nope. So I am releived to learn that according to the Times of India, Netflix...
Tuebora becomes second Indian company to join Citrix Mentorship
Citrix Systems, the Software maker based in California, has chosen Tuebora, a Bangalore-based startup for an investment. The technology provider is the second Indian venture to make it to the Citrix Startup Accelerator in Silicon Valley after Grexit, chosen in 2011. Tuebora will now have access to Citrix products, partner channel and...
India's Amazon, Bangalore-based Flipkart raises $150 million round
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi who worked for Amazon.com. Core to its success in India, Flipkart offers multiple payment methods: credit card, debit card, net banking, e-gift voucher, Cash on Delivery and Card on Delivery....