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ITDigest’s Weekly News Roundup Featuring Cadence, Oracle, Cadence, Quantiphi, Ceva, and more

ROUNDUP

Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.

In Hardware and Network news this week…

Ceva and Actions Technology Commemorate Landmark Achievement, Surpassing 100 Million Ceva-Powered Wireless Audio and AIoT Processors Shipped 

Ceva, Inc, the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, and Actions Technology Co, Ltd. (“Actions Technology”), the leading fabless semiconductor company of AIoT (Artificial Intelligence of Things) SoC, are celebrating a monumental achievement today, with Actions surpassing sales of more than 100 million wireless audio and AIoT chips powered by Ceva’s audio, voice, AI sensing and wireless communications IPs.

In Artificial Intelligence news this week…

Quantiphi and Lambda Announce Partnership to Accelerate AI Innovation 

The synergy between Quantiphi’s AI capabilities and Lambda’s high-speed computing infrastructure lies at the heart of this collaboration. The partnership equips enterprises with the essential tools and resources to accelerate cross-industry AI-driven innovation in spaces like banking, financial services and insurance (BFSI), retail, E-Commerce, healthcare and life sciences (HCLS), the public sector, telecommunications, media and entertainment and gaming.

In Computer Science news this week…

Oracle and Deloitte Help Multinational Organizations Prepare for OECD Pillar Two Requirements

Oracle is introducing new capabilities to Oracle Fusion Cloud Enterprise Performance Management (EPM) that, when paired with Deloitte’s implementation services, can help multinational organizations as they manage upcoming Organization for Economic Co-operation and Development (OECD) Pillar Two tax requirements. The combination of both offerings can help finance leaders simplify complex tax processes and reporting and achieve better alignment between finance, sales, and taxation through end-to-end process automation.

 In HealthTech news this week…

Artificial Intelligence in Cybersecurity: Defending the Digital Fortress 

Artificial intelligenceAs the world becomes increasingly digital, the rise of cybersecurity threats is a daily concern. IT security professionals face a pressing challenge: how to prevent these fraudulent activities and save billions of dollars annually. Combating cyber threats involves in-depth data analysis and identifying potential risks. This is where AI in cybersecurity plays a pivotal role, streamlining the laborious processes of data analysis, screening, and risk detection. This blog delves into the importance of artificial intelligence in cybersecurity. Artificial intelligence in cybersecurity refers to the application of tools and technologies that utilize artificial intelligence to bolster security measures, identify threats, and respond effectively in the digital environment. AI plays a crucial role in automatizing threat detection, predicting cyberattacks, enhancing the precision and effectiveness of cyber analysts, and fortifying cybersecurity defenses.