Author: Advanced AI Bot

New AI initiative will co-create gen AI solutions with IBM clients, nurture NYC talent, advance enterprise AI implementations NEW YORK, June 2, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced watsonx AI Labs, a new, developer-first innovation hub in New York City, designed to supercharge AI builders and accelerate AI adoption at scale. watsonx AI Labs connects IBM’s enterprise resources and expertise with the next generation of AI developers in order to build breakthrough AI applications for business. IBM Corporation logo. (PRNewsfoto/IBM) Located in the heart of Manhattan at IBM’s new offices at One Madison, watsonx AI Labs extends IBM’s global…

New license agreement gives Deutsche Bank increased access to IBM’s innovative software solutions to accelerate innovation, optimize operations, and enhance customer experience FRANKFURT and EHNINGEN, Germany, May 27, 2025 /PRNewswire/ — Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) today announced a continuation of their partnership in the form of a strategic agreement that grants Deutsche Bank further access to IBM’s comprehensive suite of software solutions. This includes IBM’s business and IT automation stack, advanced hybrid cloud products, as well as access to the watsonx AI portfolio. Additionally, Deutsche Bank will benefit from the latest upgrades to the IBM Storage Protect…

Collaboration aims to revolutionize video production of advertisements in Japan TOKYO, May 13, 2025 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, and Offshore Company, a subsidiary of PR firm Vector Group, which ranks sixth globally and first in Asia[1], today proudly announced the launch of “AvaMo,” Japan’s first AI-powered avatar video generation service specifically designed for the Japanese market[2]. Powered by Tencent Cloud’s advanced digital human creation technology, AvaMo enables the quick creation of professional-quality videos, dramatically reducing both production time and costs by up to 98%[3]—a true game changer for producing video advertisements. Tencent Cloud and Vector…

New AI capabilities in the Oracle Utilities Customer Platform help call centers better manage volume and quickly deliver smart, personalized assistance PHOENIX, May 6, 2025 /PRNewswire/ — Innovate UtilityCX — Today, Oracle announced new AI-powered call summarization and tagging capabilities in the Oracle Utilities Customer Platform, bringing intelligent automation to utility call centers. By helping reduce manual work, these innovations are expected to empower agents to focus on delivering fast issue resolution, personalized service, and real human connection at scale. Oracle is working to help utilities streamline call center operations, lower operating costs, and elevate the customer experience for millions of people…

CAMPBELL, Calif., April 24, 2025 /PRNewswire/ — Zencoder, a leading provider of AI agents integrated into developers’ environments, today announced the acquisition of Machinet, a developer of context-aware AI coding assistants with more than 100,000 downloads in JetBrains IDE. This strategic acquisition further strengthens Zencoder’s position in the rapidly growing AI coding assistant market and expands its multi-integration ecosystem across popular development environments. Zencoder Logotype (PRNewsfoto/Zencoder) Expanding the Developer Experience Machinet users now benefit from a richer developer experience with Zencoder’s expanded capabilities, including: Enhanced JetBrains Integration: By combining Machinet’s specialized expertise in JetBrains IDEs with Zencoder’s existing JetBrains support,…

A new resource from Info-Tech Research Group reveals how AI is revolutionizing customer service by addressing long-standing challenges such as long wait times, impersonal interactions, and operational inefficiencies. The research outlines key 2025 predictions, including AI-assisted agents, real-time personalization, and the rise of voice and conversational AI, signaling a significant shift in how organizations will deliver customer experience moving forward. TORONTO, April 22, 2025 /PRNewswire/ – As customer expectations continue to rise, organizations struggle to meet the demand for fast, effective, and personalized service. Long wait times, impersonal interactions, and disjointed service channels have led to rampant rage-clicking and sinking customer…

Nearly half of all cyberattacks resulted in stolen data or credentials Identity abuse was the preferred entry point Asia Pacific represented more than one-third of attacks in 2024 ARMONK, N.Y., April 17, 2025 /PRNewswire/ — IBM (NYSE: IBM) today released the 2025 X-Force Threat Intelligence Index highlighting that cybercriminals continued to pivot to stealthier tactics, with lower-profile credential theft spiking, while ransomware attacks on enterprises declined. IBM X-Force observed an 84% increase in emails delivering infostealers in 2024 compared to the prior year, a method threat actors relied heavily on to scale identity attacks. IBM X-Force Threat Index The 2025 report tracks new…

(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal would value it at $29 billion and that the startup’s chief executive, Alexandr Wang, would join Meta to head a new team focused on artificial general intelligence, the latest twist in Silicon Valley’s race toward the cutting-edge technology. Founded in 2004 by CEO Mark Zuckerberg and his fellow Harvard University students and originally called “TheFacebook”, the company dropped “The” from its name after securing the Facebook.com…

(Reuters) -Telus said on Thursday it intends to acquire the shares in its listed digital services subsidiary it does not currently own, as the Canadian telecom firm seeks greater control of the unit’s artificial intelligence capabilities. The company has offered $3.40 per share to acquire the shares it does not own in Telus Digital, valuing the unit at $946.8 million, according to Reuters’ calculation. Telus currently holds about 57% of the digital unit’s outstanding shares directly and through its other units. This is a 15% premium to the last closing price of the subsidiary’s U.S.-listed stock. U.S.-listed shares of the…

(Reuters) -Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday. The company, which also makes Hot Wheels and Uno cards, plans to “bring the magic of AI to age-appropriate play experiences with an emphasis on innovation, privacy, and safety,” it said. The move comes at a time when toy manufacturers are battling muted demand backdrop as consumers rein in spending to brace for the economic fallout of U.S. President Trump’s shifting trade policy. Mattel will also incorporate OpenAI’s advanced…