tech:

taffy

IBM Opens Natural Resources Solutions Lab In Brazil

[Techtaffy Newsdesk]

IBM has opened a Natural Resources Industry Solutions Lab (NRIS Lab) in Sao Paulo, Brazil.  The lab will focus on the development of automated solutionsfor natural resources companies.

The operations of NRIS Lab will be integrated with other existing local IBM facilities including IBM Research – Brazil, focusing on development; and the Natural Resources Solution Center, focusing on the development of solutions and interaction with clients.

IBM  has a Natural Resources Solutions Centers (NRSC) in Rio de Janeiro, Brazil and Perth Australia. NRSC works as a showcase of IBM solutions, where clients can experience hands-on demos of  technologies for the oil & gas and mining industries.

[Image Courtesy: IBM]

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.