Fintechs, NBFCs move to cloud to speed-up transaction, KYC process
Cloud infrastructure including content delivery networks ( CDNs), KYC management, storage lakes, and Natural language processing (NLP) for chatbots saw a spike in adoption by NBFCs and fintech during the first stage of the lockdown as a lot of them were on a race to bring uninterrupted services to clients, said a top Amazon Web Services executive.
Railofy raises ₹7 crores funding from Chirate Ventures
Railofy, a data science startup that offers a traveling assurance to waitlisted or RAC (Reservation Against Cancellation) train passengers, has raised ₹7 crores in seed funding from Chiratae Ventures. the startup claims to solve the waitlist problem in India that affects 300 million-plus passengers traveling by the railways annually. Railofy provides flight tickets to railway passengers in case the train ticket is not confirmed after chart preparation, at a similar price.
NASA scientists utilize machine-learning to predict hurricane intensity
Researchers led by scientists at NASA's response Propulsion Laboratory in Southern California have used machine learning to develop an experimental computer model that promises to greatly improve the accuracy of detecting rapid-intensification events (hurricanes). Hui Su, an atmospheric scientist at JPL that it’s an important forecast to get right because of the potential for harm to people and property.
Tired of Inaccurate Traffic Predictions? Google Maps Will Now Utilize AI to Calculate Arrival Time
As people traverse more than one billion km with assistance from Google Maps in over 220 countries, the business is actually by using artificial intelligence (AI) machine learning (ML)models to predict whether the traffic along your route is heavy or light or heavy, an estimated travel time, and also an estimated time of arrival (ETA). Google has partnered with DeepMind, an Alphabet AI analysis lab, to improve the accuracy of the traffic prediction capabilities.
E2E Networks Limited joins NVIDIA Cloud Service Provider Program to bring accelerated AI and Quadro Virtual Workstations to the Cloud while working remotely
e2e network limited announced it has joined the NVIDIA partners network, cloud service provider plan to bring GPU acceleration to the cloud in response to increasing demand for AI and professional computer graphics services from people required to work remotely. Cloud-based availability of Software and NVIDIA GPUs offer advanced computing resources AI, HPC, and also Quadro virtual workstations for professional computer graphics on almost any device from almost anywhere.
Rajasthan CM Ashok Gehlot inaugurates Edu Infra worth Rs. 86 Crores
Rajasthan Government's infrastructure betterment spree continued, with the inauguration of colleges of the state worth far more than Rs. 86 six Crores. Chief Minister Ashok Gehlot inaugurated projects for the betterment of' higher and technical education in the state and said, "These establishments would make robust educational infrastructure in the state.”