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Infosys Collaborates with Meta to Drive Enterprise AI Integration!

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In a strategic move to advance artificial intelligence (AI) innovation across industries, Infosys has expanded its collaboration with Meta to establish a new Meta Centre of Excellence (COE). This partnership aims to facilitate enterprise AI integration while promoting internal adoption and contributions to open-source communities.

Core Objectives of the Collaboration

At the core of this collaboration is the acceleration of Meta’s Llama (Large Language Model Meta AI) stack, an open-source large language model (LLM) designed to empower tech professionals to create industry-specific AI solutions. Infosys aims to streamline the adoption of the Llama stack for its clients, offering them seamless integration into their systems.

Recent Developments

This partnership follows Meta’s release of its largest open-source AI model, Llama 3.1, in July, which competes with other leading AI models such as GPT-4.0 and Claude 3.5 Sonnet. The introduction of these models positions both companies at the forefront of AI innovation.

Facilities and Support Offered

Additionally, Infosys has unveiled an AI Experience Zone at its Bengaluru campus, providing clients with hands-on demonstrations of AI advancements powered by Infosys Topaz and Meta’s Llama technology. This zone is designed to showcase practical applications of AI in various business contexts.

Support for Clients

Balakrishna D R, Executive Vice President and Global Services Head of AI and Industry Verticals at Infosys, emphasized the significance of the collaboration:

“By integrating Meta’s Llama family of models into Infosys Topaz, we are harnessing the power of collaboration and transparency to make AI accessible and impactful for all businesses.”

To further support clients in adopting these technologies, Infosys will provide resources such as:

  • Training sessions on utilizing Llama models effectively
  • Access to development tools for creating customized AI solutions
  • Collaborative projects that leverage both companies’ expertise

Industry Context

The move comes at a time when businesses are increasingly looking to integrate AI into their operations. The demand for advanced AI solutions is growing rapidly across sectors such as finance, healthcare, and retail, where companies seek to enhance efficiency and decision-making processes.

Open-Source Commitment

Infosys has long been a proponent of open-source software and remains steadfast in its commitment to democratizing AI. By leveraging Meta’s Llama stack, Infosys is driving significant advancements in AI while fostering innovation across industries.

Future Prospects

As an early adopter and launch partner for Llama 3.1 and 3.2 models, Infosys is positioned at the forefront of open-source AI innovation. The integration of the Llama models with Infosys Topaz—a suite of services utilizing generative AI technologies—aims to craft innovative solutions that accelerate business value for enterprises worldwide.

Looking Ahead

With reports indicating that both companies plan to expand their collaborative efforts further, this partnership could lead to new breakthroughs in AI technology that benefit a wide range of industries.

Conclusion

The collaboration between Infosys and Meta represents a significant step forward in the realm of enterprise AI integration. By combining their strengths, both companies aim to make advanced AI technologies more accessible and impactful for businesses globally.

As organizations continue to navigate digital transformation, partnerships like this one will be crucial in driving innovation and ensuring that companies can leverage cutting-edge technologies effectively.

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Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

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Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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