Wipro, IBM team up to launch AI platform for enterprises

Wipro has announced the introduction of the Wipro Enterprise Artificial Intelligence (AI)-Ready Platform, developed in collaboration with IBM. The platform is designed to enable clients to establish their customized AI environments, leveraging IBM’s watsonx AI and data platform.

The initiative stems from an expanded partnership between the two companies. As part of the collaboration, Wipro and IBM have also introduced the IBM TechHub@Wipro solution, aimed at supporting client projects through a centralized expert team. The initiative also includes a watsonx Center of Excellence within Wipro, focusing on incorporating IBM’s AI capabilities.

The Wipro Enterprise AI-Ready Platform provides the infrastructure for AI and generative AI workloads, offering features for automation, resource management, and industry-specific applications in banking, retail, health, energy, and manufacturing, among others.

The platform emphasizes AI governance, aiming to manage AI responsibly throughout its lifecycle, focusing on transparency, data protection, and compliance with regulations.

In addition, Wipro staff will undergo training in IBM’s technologies, including hybrid cloud, AI, and data analytics, to speed up the creation of joint solutions.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.