Daily AI Roundup: The 5 Coolest Things On Earth Today
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence, Machine Learning, Robotic Process Automation, Fintech and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.
Wipro to Acquire Capco, a Global Management and Technology Consultancy to Banking and Financial Services Industry, for $ 1.45 Billion
Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific. London-headquartered Capco’s clients include many marquee names in the global financial services industry. Over the past 20 years, the company has worked closely with business leaders, including Boards and C-Suites in the banking, capital markets, wealth, asset management and insurance sectors and is widely acknowledged for its deep domain and consulting expertise, risk and regulatory offerings and thought leadership around key industry technology challenges and opportunities. In addition, Capco services clients in the energy and commodities trading sector.
Today, Ecopia AI announced a partnership with Airbus to produce next-generation digital maps on a global scale—including land use/land cover, roads, and building footprint data. This digital mapping solution will provide commercial and government users with an accurate and up-to-date digital representation of their areas of interest, driving better decision-making across industries. Under the agreement, Ecopia will have access to Airbus’ global premium 50cm high-resolution imagery database, applying their industry-leading artificial intelligence-based systems to extract vector maps on a city to continental scale—with the accuracy of a GIS professional. These vector maps known as Ecopia Vector Maps will be available within the Airbus OneAtlas Platform and upon request, and can be ordered for any location across the globe, empowering users with precise insights in just a few clicks.
ArchiTek Corporation announces “AiOnIc”, its first in-house created chip based on the proprietary ArchiTek Intelligence Pixel Engine (aIPE) architecture. The ArchiTek Intelligence architecture is at the forefront of Edge AI processors currently in development around the world. In a NEDO funded project using SLAM, an application essential for self-driving vehicles, AiOnIc reduces processing time to 1/20th of the speed of general purpose CPUs. Similarly, when performing OpenPose, an algorithm that calculates skeleton and pose estimation, AiOnIc achieves operating speeds approximately four times faster compared to that of the world’s leading GPUs.
The ability for anyone to print true three-dimensional holograms at home or in an office is one step closer to reality. LitiHolo – a global leader in hologram technology and production – unveiled its Desktop 3D Hologram Printer – the world’s first of its kind. LitiHolo’s Desktop 3D Hologram Printer produces true holograms that can be seen without headsets or glasses, offering a unique 3D viewing that can easily be shared and viewed with others. This means users can print everything from hologram portraits to 3D computer graphics scenes that can be viewed as true three-dimensional holograms.
Hyland, a leading content services provider with more than 17 years of experience in delivering secure cloud solutions, has expanded the footprint of its Hyland Cloud – offering two new geographic locations. Hyland will leverage Amazon Web Services (AWS) for Hyland Cloud solutions in the AWS US West (Oregon) Region, and added a new Frankfurt-based secondary location to support its growing EMEA customer base. Hyland’s location in AWS US West (Oregon) Region offers customers a strategic West Coast location to support their cloud content services solutions. Hyland’s relationship with AWS provides greater agility and expanded geographic options to serve customers quicker than ever. Two enterprise customers have already selected the AWS US West (Oregon) Region location as their primary content services option.