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SAP Thinks AI Could Boost Cloud Revenue

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SAP Thinks AI Could Boost Cloud Revenue

SAP, a business application software company, is expecting that demand for artificial intelligence (AI) would boost cloud revenue.

In order to manage AI adoption across its services portfolio, the firm has created a new position of chief AI officer, as observed by Bloomberg News on Thursday, March 7, in an interview with Philipp Herzig, one of the company’s executives.

“An important part of our strategy is the goal to be really, really fast,” Herzig said.

Despite being a latecomer to the cloud, SAP has experienced significant growth in this area and plans to leverage artificial intelligence (AI) to expedite this process for clients, according to the report.

Herzig disclosed to Bloomberg that over 24,000 SAP clients have embraced its AI solutions; of these, less than 1% are still utilizing on-premise systems. He continued by saying that creating “out-of-the-box” AI services for cloud consumers that need little to no retraining is simpler.

Some SAP on-premise customers have taken offense at this strategy, according to a report by Bloomberg News.

“Of course when it comes to AI and how these models are trained, these are things that have to take place in the cloud,” said Jens Hungershausen, chairman of DSAG, an interest group representing more than 3,800 SAP customers in Germany, Austria and Switzerland. “But the results of these models can also, in our view, be used by on-premise systems.”

Instead of creating large language models (LLMs), the report claims that SAP’s strategy includes supporting AI startups like Anthropic and collaborating with major cloud providers like Google and Amazon.

“We selected those last year because they really had interesting technologies for the various parts of the AI architecture that we would need,” Herzig said. “Sometimes people see them only in terms of the large language model itself, but there’s so much more behind it.”

In order to integrate more AI into its operations, SAP stated in January that it was reorganizing. As a result, the business said 8,000 employees will either be retrained or would be placed on voluntary leave.

In other AI-related news, PYMNTS on Thursday spoke with Zohar Bronfman, CEO and co-founder of Pecan, to discuss how the technology is bridging the gap between accessible data and useful insights.

“Large language models in general are extremely good at interacting with humans, gathering data, and making knowledge and data accessible,” said Brofman, who spoke with PYMNTS during a conversation for the series the “AI Effect.”

“They are the best technology humanity has ever made that helps make knowledge accessible,” he added.

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Huawei MateBook GT 14 Spotted on AI Life App, Launch Imminent

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The Huawei MateBook GT 14, which has purportedly surfaced on the AI Life app, appears to be the upcoming notebook model. The input suggests that the new laptop is imminent and may become available on the consumer platform within the next few days.

The MateBook GT 14 has long been the subject. According to a few leaks, the device might be a gaming notebook with AI capabilities and a potent processor. Nevertheless, a tipster pointed out that it might just be a regular laptop rather than a powerful gaming device.

The Huawei MateBook GT 14 may soon be released, as evidenced by the fact that it has already been seen using the AI Life app. Several prior inputs indicate that the device has a 3C certificate, even though its presence in the app doesn’t highlight any important details.

Previous Reports:

It is anticipated that the new notebook product will use the ENZH model number that recently surfaced in the 3C certification database. If confirmed, the device is probably going to come with the capable Intel Core Ultra processor, which comes with three different chipset options:

Huawei ENZH-XX: Intel Core Ultra 5

Huawei ENZH-XX: Intel Core Ultra 7

Huawei ENZH-XX: Intel Core Ultra 9

A 140W charger is mentioned in another set of specifications to increase the device’s dependability. Keep in mind that these additions resemble the MateBook X Pro 2024, which was just released in the Chinese notebook market.

Huawei appears prepared to launch a range of wearables, tablets, and laptops on the international market on May 7. Although the MateBook GT 14’s existence has not yet been confirmed by the company, “we can anticipate that it will likely debut tomorrow alongside other products at the consumer stage.”

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Torch.AI Introduces Firefly Earth Observation AI for Ground Truth Intelligence, Unveils New Satellite Constellation Capabilities

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Lighter.AI announced today the launch of FireflyTM, an earth observation (EO) capability that is now available as a standard module within the company’s HALOTM Autonomous Fusion platform. Firefly is integrated with a mesh of current satellites. Building on the success of Torch.AI, Firefly supports customers in the defense and intelligence communities as well as vital national security initiatives.

By using hundreds of satellite sensors, Firefly broadens a customer’s information ecosystem and enhances high-fidelity ground truth analysis by contextualizing, correlating, and improving it. Numerous different observational needs can be supported by the new module. Advanced sensor arrays, such as multispectral optical, atmospheric chemistry, radar altimeter, hyperspectral, microwave radiometer, land surface temperature, anthropogenic carbon dioxide, and synthetic aperture radar, enable the monitoring of land and ocean surfaces, topographies, air quality, trace gas measurements, and day-to-night ground surveillance for all weather conditions.

Lighter.AI gives intelligence and defense organizations the information they need for improved crisis management and a competitive advantage in decision-making through its real-time all-source-fusion technology and AI-enabled analytics.

Supporting the torch.Customers can attain information superiority with Firefly’s AI platform, which leverages real-time, authentic information about the Earth’s surface, weather, and everyday events. Firefly is an in-memory vector analysis engine that generates real-time fusion of multi-modal data in a single computational environment by creating a high-fidelity data stream directly integrated within HALO.

The EO data from Firefly is essential to the defense and security posture of our country because it allows for better situational awareness and enhanced strategic response capabilities to possible . When it comes to comprehensive, current insights for tracking worldwide activity, such as aircraft and vessel movements, infrastructure, search and counterintelligence operations, damage assessments, logistics and action planning, and military facilities, U.S. defense and intelligence agencies can actively rely on this information.

“For a while now, our systems have been processing and interpreting EO data. The CEO and founder of Torch.AI, Brian Weaver, stated, “We’re very excited about the launch of Firefly so that all of our customers can more easily access and rely on satellite sensor feeds as part of their broader analysis efforts.” “This moves us one step closer to our objective of establishing the accepted norm for intelligence analysis. increasing the methods by which our clients can use widely available multi-modal data to gain insights and take action.”

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Dubai Marks the Global Launch of Dyna.Ai, a Singaporean Startup

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Dyna.Ai announced its worldwide launch at the Dubai Fintech Summit. In order to better serve its wide range of clients—which include traditional banks, digital banks, fintechs, insurance companies, and other businesses—Dyna.Ai has expanded its operations throughout Asia, the Middle East, the Americas, Europe, and Africa.

Dyna.Ai is currently setting up offices in the Kingdom of Saudi Arabia, Nigeria, and the United Arab Emirates in the Middle East and Africa.

Additionally, Dyna.Ai disclosed its applications for a variety of industries. Dyna.AI, a leading AI company, improves critical business operations in the financial and other sectors. Enhancing marketing, customer acquisition, risk management, and operational productivity are all made possible by its solutions.

Dyna.Ai presented its enterprise-level generative AI models with retrieval-augmented generation, sophisticated customization, intensive data curation, and improved performance at its global launch. Two solutions are part of the AI platform: Dyna Avatar is used for digital human interactions, and Dyna Athena is used for text-to-speech, language, and speech processing. For banks, fintech, and other businesses, both solutions provide task-specific, LLM-powered solutions that improve natural language interactions and make conversations more realistic and interesting.

Real-time digital human interactions are made possible by Dyna Avatar, which offers conversational AI-powered dynamic experiences and automated speech recognition. With upcoming updates, Dyna Avatar, which presently supports English, Arabic, Chinese, Japanese, and Thai, is set to expand its language support even further, improving digital life and influencing the direction of intelligent interaction.

“Our goal at Dyna.Ai is straightforward: enhance life, empower work. The global financial services industry is at a turning point where businesses must quickly adjust to the disruption caused by AI that is taking place in front of them. Business leaders want solutions that give them access to cutting-edge technology so they can stay ahead of the competition in this quickly changing ecosystem, according to Mr. Tomas Skoumal, Chairman of Dyna.Ai.

Dedicated to research and development, Dyna.Ai employs more than half of its workforce for this purpose. The company is constantly hiring people throughout the world to support its ambitious growth plans, including specialists in marketing, technology, and customer success.

Additionally, Dyna.Ai demonstrated its powerful system products, such as the Business Core System and Smart Decision Platform, which combine APIs, centralize data storage, and simplify processes. Another cutting-edge solution that promotes omnichannel mobility and complete digitalization is the Digital Banking System, which enables quick user engagement and growth in transaction volume.

“From the Dubai Fintech Summit, we are excited to launch our global expansion.” A distinctive and cutting-edge RaaS (Result as a Service) business model is by Dyna.Ai, which also offers expert AI solutions in the financial sector. According to Mr. Tomas Skoumal, Dyna Ai’s services can help banks, insurance, wealth management, and fintech companies achieve business outcomes. The company also supports pay-for-performance.

The global management team at Dyna Ai is composed of highly qualified professionals with solid core competencies. These important individuals hold advanced degrees in computer science, AI/ML, statistics, and neuroscience and come from prestigious companies like Standard Chartered Bank, Citibank, JP Morgan Chase, FICO, and digital banking. This multicultural team provides successful application solutions for numerous clients by bringing broad experience in financial services, data analysis, artificial intelligence, software engineering, and business consulting.

Dyna.Ai is able to fulfill the local financial service requirements of different countries while combining the world’s most advanced AI technology by offering local services and operational capabilities in multiple regions.

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