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#1 Fujitsu Chosen for an R&D Project to realize LLMs that Enable Logical Reasoning
Fujitsu has announced its selection for the “Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems/Development of post-5G Information and Communication Systems.” It is a subsidy project launched by Japan’s New Energy and Industrial Technology Development Organization (NEDO) under Japan’s Ministry of Economy, Trade and Industry’s (METI) Generative AI Accelerator Challenge (GENIAC) initiative. This project will enhance Japan’s capability to develop generative AI. Fujitsu will start research and development on technology combining knowledge graphs with large language models to develop LLMs for logical reasoning.
What will Fijutsu focus on as a part of R&D?
- Focusing on the problem posed by hallucinations in large language models (LLMs), a phenomenon in which generative AI creates plausible but incorrect or unrelated output.
- Aims to realize a new technology that strengthens the reliability of LLMs by combining LLMs with knowledge graphs, ultimately enabling the application of LLMs in operations that require high levels of compliance and explainability
- Anticipates that the newly developed technology will enable the realization of an LLM for logical reasoning that creates clear and comprehensible outputs.
#2 Mastercard and Salesforce Announces a New Integration to Improve Trust across the Ecosystem
Mastercard and Salesforce have announced a new integration that enhances trust across the ecosystem. This integration will help customers improve the resolution of transaction disputes as well as lower costs associated with resolving them.
What will the integration offer?
- Streamline the way issuers, such as banks and other financial institutions’ managers, view transaction data. This will enable a faster and more effective response to dispute inquiries.
- Integrate Salesforce Financial Services Cloud (FSC) with Mastercard’s dispute resolution services. This will provide a powerful one-stop shop for managing disputes, intake, reporting and preventing cyberattacks.
- More visibility to the disputes from start to finish and delivers the best CX.
#3 SAP and NVIDIA Expands partnership Focus on Boosting Enterprise customers’ Ability
SAP SE and NVIDIA have announced a partnership expansion to accelerate generative AI adoption across enterprise applications powering global industries. The companies collaborate to build and deliver SAP Business AI, including scalable, business-specific generative AI capabilities inside the Joule copilot. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs).
This partnership is part of SAP’s ongoing effort to integrate generative AI directly into the applications driving global businesses. It will help customers scale generative AI capabilities across their organizations. SAP will leverage the NVIDIA generative AI foundry service to optimize LLMs for domain-specific scenarios and introduce applications featuring new NVIDIA NIM microservices. SAP and NVIDIA plan to make these integrated capabilities generally available by the end of 2024.
AI initiatives in the Expanded Partnership include advancing customer insights
- New capabilities for the Joule copilot
- Innovative use cases leveraging SAP S/4HANA Cloud, SAP SuccessFactors and SAP Signavio
- Unifying AI data sources with SAP Datasphere
- Using LLMs for the ABAP programming language
#4 Equinix Announces the Availability of Dell PowerStore on Equinix Metal
Equinix, the digital infrastructure company, has introduced Dell PowerStore on Equinix Metal, a novel Storage as a Service (STaaS) solution designed for enterprise-grade performance. This offering provides flexible configurations, enabling enterprises to efficiently manage various high-performance multi-cloud workloads with low-latency connectivity to major public clouds.
According to the Enterprise Strategy Group (ESG), businesses are increasingly seeking adaptable storage solutions to expedite data collection and distribution, ultimately leading to faster time to value. Dell PowerStore on Equinix Metal addresses this need by delivering scalable and flexible storage capabilities, including the ability to burst by 25% above committed capacity. This solution aims to meet market demands, reduce total cost of ownership (TCO), optimize resources effectively, foster agility, and drive innovation.
The Dell PowerStore on Equinix Metal service offering allows:
Enterprises to view, manage and globally deploy storage, compute and networking, achieving simplified infrastructure management and reduced operational overhead.
The comprehensive single-tenant storage solution is designed for cloud-adjacent environments: With more private cloud on-ramps inside Equinix International Business Exchange data centers than anywhere else worldwide, customers benefit from fast, secure and scalable access to public cloud providers.
#5 Microsoft and British grocery store Sainsbury’s Partners to Leverage AI Capabilities and Data
Microsoft and Sainsbury, a British grocery store chain, announced a five-year strategic partnership. This partnership will allow Sainsbury to leverage artificial intelligence capabilities and the retail group’s extensive data. It will also allow more Sainsbury’s stores to use generative AI and improve customized shopping experiences for customers. The partnership will also streamline staff working procedures in an effort to increase revenue and reduce costs.
Sainsbury will use Microsoft Services to transform:
- Enhanced customer experiences
- Empowered store colleagues
- Data powering Sainsbury’s business, built on smart cloud foundations
#6 DOMO Announces Zirous Joined its Partner Program
Domo welcomes Zirous, an IT solutions provider, to its Partner Program. Zirous becomes a c******** full reseller, referral, and implementation partner, offering the Domo platform to enhance customer data visibility and actionable insights.
Zirous aims to maximize business impact for its clients, leveraging Domo’s capabilities to drive exceptional results. RJ Tracy, Domo’s SVP of Partners, Strategic Development, and Channel, highlights the collaboration’s potential.
With 35 years of experience, Zirous specializes in IT solutions and partners with leading technologies like Adobe, Microsoft, and Oracle. Their expertise spans marketing technology, data, extended reality, managed services, and more, aiming to boost efficiency and profitability for clients through services such as data analytics and identity management.
#7 Accenture has Agreed to acquire OPENSTREAM HOLDINGS and its subsidiaries
Accenture has agreed to acquire OPENSTREAM HOLDINGS, including its subsidiaries Open Stream and Neutral, aiming to bolster their expertise in digital technologies and drive client transformation. The deal brings about 1,000 cloud and digital experts into Accenture’s fold, strengthening their capabilities in system modernization, cloud adoption, and automation solutions across various industries, notably logistics and retail. With its 600-strong team, Open Stream specializes in consulting, systems integration, and advanced technologies like cloud, AI, and IoT, enhancing Accenture’s portfolio and client offerings.
#8 Hitachi Vantara and Veeam Announce Partnership to Deliver Cyber Resiliency and Data Protection
Hitachi Vantara, Hitachi’s data storage and hybrid cloud management subsidiary, has announced a strategic partnership with Veeam Software, a leading data protection and ransomware recovery provider. This collaboration aims to deliver customers advanced cyber resiliency and data protection solutions by integrating Hitachi Vantara’s infrastructure portfolio with Veeam’s software. Together, they provide robust defenses against ransomware attacks and minimize downtime.
Amidst increasing ransomware threats, businesses face unprecedented challenges in safeguarding critical data. According to the Veeam 2024 Data Protection Trends Report, at least 76% of organizations experienced a ransomware attack in the past year. This partnership addresses the pressing need for effective strategies to combat cybersecurity risks.
Integrating Veeam Data Platform with Hitachi Vantara’s storage platforms, including Virtual Storage Platform One, Hitachi Content Platform (HCP), and Hitachi Unified Compute Platform (UCP), offers easily deployable solutions to enhance cyber resiliency. These solutions include ransomware detection, rapid recovery, immutable storage, improving recovery point objectives (RPOs) and ensuring data integrity across hybrid cloud environments.
#9 Tuya Demonstrates Google’s New Device and Structured APIs
Tuya Smart demonstrated its collaboration with Google’s new Device and Structure APIs at Google I/O 2024, aiming to expand the smart home ecosystem and offer developers new market opportunities. As a pioneer in smart solutions, Tuya actively collaborates with Google and plans to integrate Google’s APIs into its Smart App Solution to enhance performance and flexibility.
The collaboration aims to provide developers with cross-platform management and create intricate smart home scenarios to enhance user experiences. Tuya’s demonstration highlights its ecosystem compatibility and the application potential of Google’s APIs, with plans for further collaboration to advance smart home technology.
#10 Happiest Mind Technologies and Solvio Announces Strategic Partnership
Happiest Minds Technologies Limited, an IT Company, has announced its strategic partnership with Solvio, a leading Salesforce consulting firm.
Happiest Minds drives innovation and enables customer success across six industry groups: Industrial, Manufacturing Energy & Utilities, Healthcare & Life Sciences, Retail, CPG & Logistics, Banking, Financial Services and Insurance (BFSI), Hi-Tech Media & Entertainment, and EdTech. Collaborating with Solvio, Happiest Minds is focused on delivering Salesforce implementations and offering practical solutions on a global scale, transforming client engagements and increasing operational efficiencies.
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