SAP Opens Services Center In Portugal

[Techtaffy Newsdesk]

SAP is opening a services center in Oeiras, Portugal, focused on delivering IT consulting and implementation services to SAP customers in Europe, the Middle East and Africa (EMEA). Portuguese Minister of the Economy and Employment, Álvaro Santos Pereira inaugurated the new facility, which will create up to 100 new professional and graduate jobs in 2012. SAP’s planned investment of EUR17 million over the next three years will also include an expansion of up to 300 IT consultants by the end of 2014.

The services center provides off-site support for projects from consultants working in a culture or time zone close to the customer. This model helps to lower costs associated with onsite staffing and deliver value faster to customers, says SAP.

Upload: 06-23-12

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.