In 2024, Companies in the Asia-Pacific Region Embrace the Wave of Generative AI

Infosys Develops Over 200 AI Agents, Reports 12% Drop in FY25 Net Profit

Infosys recently released its Q4 FY25 financial report, revealing a net profit of $814 million, a 11.7% decrease compared to $959 million in the same quarter last year. However, the company's revenue grew by 7.9% year-over-year, reaching $4.7 billion. For the full fiscal year, total revenue reached $19 billion, showing a modest 3.9% increase. In a press release, Infosys CEO Salil Parekh expressed optimism regarding generative AI...

Interview Kickstart Launches Generative AI Course to Empower Tech Professionals for Future Opportunities

In the rapidly evolving landscape of Artificial Intelligence (AI), specialized knowledge for technology professionals is becoming increasingly crucial. Interview Kickstart, based in Santa Clara, California, recently announced an update to its Generative AI course, designed to equip tech professionals to navigate this rapidly changing market. This news coincides with the significant attention generated by Chinese tech giant Baidu's launch of its next-generation AI models – Ernie4.5 and Ernie X1. Baidu's multimodal foundation models...

FramePack: Revolutionary Video Diffusion Technology - Only 6GB VRAM, 1.5 Seconds/Frame

Recent advancements in generative AI have fueled innovation in video generation. A new video diffusion technology called FramePack has garnered significant attention. According to information compiled by AIbase from recent posts on X, FramePack's remarkably low VRAM requirements and efficient generation capabilities promise to usher in a new era of video generation accessible to mainstream GPUs. Technical Breakthrough: Only 6GB VRAM needed, effortlessly generating thousands of frames. FramePack's most significant advantage is its extremely low...

Israeli Startup Brandlight Secures $5.7M to Help Brands Stand Out in the Age of AI Search

In today's generative AI-driven world, how brands perform in machine-generated search results is increasingly crucial. Israeli startup Brandlight recently announced a $5.7 million funding round to help businesses effectively influence how AI models perceive and represent their brands. Founded by CEO Imri Marcus, CTO Dvir Dvash, and COO Uri Gafni, the company attracted Cardumen Capital upon launch.

Virtue AI Secures $30 Million to Help Enterprises Deploy Generative AI Securely

San Francisco-based Virtue AI today announced $30 million in seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with participation from several other investors, including Prosperity7. Virtue AI is dedicated to eliminating the traditional trade-off between AI innovation and security, helping enterprises deploy AI safely and efficiently.

Top Generative AI Use Cases Revealed: Marketing Tasks Rank Lower

Bank of England Warns: Generative AI Could Exacerbate Stock Market Volatility and Manipulation Risks

Amazon CEO Reveals Custom Chips Lowering AI Costs, $100 Billion Investment Planned for 2025

In a recent annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's significant investment in artificial intelligence (AI). He noted that while the development and deployment costs of AI remain high, future AI usage costs are expected to decrease significantly as technology advances. Image Note: Image generated by AI, image licensing provider Midjourney. Jassy revealed that Amazon plans to invest up to $100 billion in capital expenditures in 2025.

IBM Acquires AI Consulting Firm Hakkoda to Boost Digital Transformation

IBM announced the acquisition of data and AI consulting firm Hakkoda to expand its data services and accelerate clients' digital transformation journeys. This acquisition brings Hakkoda's generative AI portfolio to IBM, supporting data modernization projects across financial services, public sector, and scientific fields. IBM Senior Vice President Mohamad Ali stated: Leveraging Hakkoda's expert data knowledge, strong technology partnerships, and asset-centric...

Yiren Digital's Zhiyu Large Language Model Successfully Registered: A Key Step Towards Compliance and AI-Powered Financial Future

Recently, Yiren Digital (NASDAQ: YRD) announced that its self-developed Zhiyu large language model has officially completed registration in accordance with the relevant provisions of the "Interim Measures for the Management of Generative Artificial Intelligence Services." This news marks a significant step for Yiren Digital on the path to AI technology compliance and lays a solid foundation for its intelligent applications in the financial field. As a leading AI-driven financial service provider in China, Yiren Digital is driving industry transformation through technological innovation. Image Note: Image generated by AI, image authorized by Midjour.