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…
Intel and Synopsys Expand Partnership to Enable Leading IP on Intel Advanced Process Nodes
Intel and Synopsys announced that they have entered into a definitive agreement to expand the companies’ long-standing IP (intellectual property) and EDA (electronic design automation) strategic partnership with the development of a portfolio of IP on Intel 3 and Intel 18A for Intel’s foundry customers. The availability of key IP on Intel advanced process nodes will create a more robust offering for new and existing Intel Foundry Services (IFS) customers.
In Business Technology news this week…
Stratascale Named Partner of the Year by GitLab
Stratascale, an SHI company, has been named the 2023 GitLab Partner of the Year. The award recognizes Stratascale’s broad experience in leveraging GitLab’s comprehensive, AI-powered enterprise DevSecOps platform as a catalyst for enterprise organizations’ digital transformations. Stratascale supports end-to-end transformation processes by understanding clients’ strategic goals and challenges and delivering the last mile of strategy critical to moving their initiatives forward. Client initiatives often include application portfolio modernization at scale, platform engineering to enhance developer experience and efficiency enterprise-wide, and holistic security of the software supply chain.
In Cloud Computing news this week…
Quantum Announces Partnership with Tiger Surveillance to Address Growing Need for Long-term Retention of Video Surveillance Data
Quantum Corporation, the leader in solutions for video and unstructured data, announced a partnership with Tiger Surveillance, a leading provider of video surveillance data management and protection solutions, to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum’s Smart NVR, VS-HCI and USP solutions that capture and store video surveillance data are now certified with Surveillance Bridge software by Tiger Surveillance to easily tier and archive data to public and private storage clouds. These new offerings provide a simple solution to lower the overall cost of storing and managing growing amounts of retained video surveillance data to meet emerging data analytics needs and compliance requirements.
In Artificial Intelligence news this week…
Nylas launches its new generative AI assist chatbot
Nylas, the state-of-the-art communications platform giving developers universal access to email, calendar, and contacts providers through a single API integration, released its new generative AI-powered chatbot, Nylas Assist. With Nylas Assist, developers can harness the power of large language models (LLMs) to easily get their questions answered based on Nylas-verified documentation, code snippets, and more. Nylas Assist can converse in many languages including Spanish, Arabic, French, German, Chinese, Japanese, and more. With the AI chatbot directly in the Nylas dashboard, developers are able to save time to search and find the information they need without ever having to leave the Nylas platform.
In Computer Science news this week…
ThirdEye announces $25M multi-year contract to deploy AI/MR Solutions
ThirdEye, a leading provider of Artificial Intelligence/Mixed Reality (AI/MR) solutions, announces it had been selected for the award of a multi-year $25 million contract from a major hospital system and associated university, for the deployment of ThirdEye’s custom end-to-end ecosystem of AI/MR software with hardware. This contract further solidifies ThirdEye’s reputation as a trusted and innovative player in the AI/MR sector. As a part of this contract, ThirdEye will deploy AI/MR healthcare applications ranging from predictive analysis/early detection software, real-time telehealth platform, Surgical Overlay, EMS Protocols, digitization of assets, and associated hardware.
In FinTech news this week….
Genpact Extends Relationship to Transform McKesson’s Finance Operations for Enhanced Service and Competitive Growth
McKesson, a diversified healthcare services leader, and Genpact, a global professional services firm focused on delivering outcomes that transform businesses, announced that they have extended their relationship to bring continued efficiency and automation capabilities to McKesson’s finance operations, utilizing automation and AI solutions. The extension builds on a 13-year association of simplifying and standardizing McKesson’s finance processes, leveraging its vision, operational excellence, and enterprise strategy roadmap, combined with Genpact’s process expertise.
In HealthTech news this week…
Sectra signs enterprise imaging contract with one of the larger multi-region healthcare systems in the US
Sectra will, as the sole imaging IT provider, oversee and deliver the end-to-end infrastructure through a turnkey, fully managed SaaS agreement. Expanding on Sectra’s previously implemented solution for Ophthalmology this enterprise imaging solution will initially be leveraged by the health system’s Radiology service teams and over time into additional imaging service lines including Pathology, Cardiology and Orthopaedics. The cloud solution will be operated in Microsoft Azure as part of a sub-contract agreement with Microsoft managed by Sectra.
In Information and Communications news this week…
Q-SYS Selects Aria Billing Cloud to Support Next Phase of Growth and Introduction of New Software Platform Pricing Options
Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, announced that Q-SYS, a division of QSC LLC, has selected its cloud billing platform to support business growth as it prepares to adopt new business models and launch new value-centric offerings of its audio, visual, and control Platform. Aria will enable Q-SYS to scale its Platform, introduce innovative usage-based billing models, and dramatically reduce the hours spent by team members manually managing invoices and reconciling data.
Article of the Week
Regulating AI: Rowing through the Uncharted Waters of AI Governance
The process of creating rules and guidelines to ensure that AI and Machine Learning (ML) algorithms are developed with the goal of a fair AI adoption for the public is known as artificial intelligence governance or AI governance. Transparency, bias, privacy, accountability, and safety are just a few of the challenges that AI ethical policy addresses in order to guarantee the ethical usage of AI. As a result, AI regulation deals with any problems involving the inappropriate use of AI or breached laws. How artificial intelligence governance affects justice, autonomy, and data quality is the main area of interest. Collaboration amongst stakeholders, including governmental organizations, academic institutions, business associations, and civil society organizations, is also necessary for effective ethical AI oversight.