AI Archives - Page 3 of 10 - Lanka Business News

October 16, 2024

Nawaloka Hospitals PLC, South Asia’s pioneer in AI-driven healthcare, achieved remarkable financial success for the fiscal year ending March 31, 2024. The Group’s revenue surged to Rs. 10 billion, reflecting a Year-on-Year (YoY) growth of 11.54%. The hospital’s Profit Before Tax (PBT) reached Rs. 576.2 million, marking an impressive 178.61% increase compared to the previous […]

October 14, 2024

Evolza announced the launch of CGaaS.ai 1.4, a breakthrough platform that positions itself as the world’s first “no-nonsense AI Software Engineer”. This release marks a significant shift in how enterprise software is built, accelerating development timelines and simplifying complex processes. CGaaS.ai 1.4, which stands for Code Generation as a Service, is designed to generate secure, […]

October 10, 2024

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Wavenet, a global leader in AI-first digital transformation, recently co-hosted an exclusive event titled ‘Revolutionizing Banking and Insurance Industries with Sense AI’ at the Hilton Colombo Residences, Sri Lanka. Organized in partnership with South Asian Technologies (SAT), the event brought together CIOs and key decision-makers from the banking and insurance sectors to introduce Wavenet’s leading-edge […]

October 1, 2024

CFA Society Sri Lanka, in collaboration with Neuralgap, is excited to announce the upcoming course titled “Understanding and Applying AI in Finance: From Concepts to Practice,” scheduled for Thursday, 10th October 2024, from 8:30 am to 12:30 pm at GF 02 Hall, Galle Face Hotel, Colombo. This course will provide participants with an […]

September 19, 2024

Samsung Electronics today announced the expansion of One UI 6.1.1,1 which will bring the latest Galaxy AI features to more Galaxy devices through a new update. With the rollout beginning in September, the update will extend the AI features of Galaxy Z Fold6 and Z Flip6 to previous models including the Galaxy S24 series, S23 […]

September 9, 2024

Kaspersky emphasises potential offensive applications of AI by cybercriminals and the need for developing proactive cybersecurity defences 5 August 2024 The rapid proliferation of advanced AI systems in the public domain has resulted in widespread usage by individuals and businesses. These systems are exceptionally adaptable to various tasks, including content generation and code creation through […]

September 4, 2024

The impact of television on humanity cannot be overstated. Not too long ago, there was a time when interaction in the family home was based around the TV. Owning one was both a source of pride and a symbol of affluence. As picture quality technology improved, televisions played a major role in propelling the growth […]

September 3, 2024

Ministry of AI for Sri Lanka is The Code of the Future, Vision for the Next Growth By Jithendra Antonio In an era where technology is reshaping every facet of human life, Sri Lanka stands at a crucial point. As global giants race ahead with advanced Artificial Intelligence (AI) initiatives, our nation must decide whether […]

August 29, 2024

BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – On August 25th, at the Artificial Intelligence Empowering Future Industries and Organizational Development Forum during the World Robot Conference 2024 (WRC 2024), China’s first artificial intelligence standardization research institute—Beijing Artificial Intelligence Standardization Research Institute—was officially inaugurated in the Beijing Economic-Technological Development Area (also known as Beijing […]

August 26, 2024

Projected 10.5% rise in global spend this year represents a 2.3 percentage point (pp) upgrade to WARC forecast, reflecting the uptake of AI-enabled media tools North America to grow 8.6% this year to $348bn, APAC market worth $272bn but growth cools to just 2.0%, Europe forecast to rise 5.0% to $165bn, Latin America +6.2% to […]

South Asia’s 1st AI-Based Hospital Records Profit Growth in 2023/24

Evolza launches CGaaS.ai 1.4 as world’s first ‘No-Nonsense AI Software Engineer’

Wavenet Unveils Sense AI Customer Experience Solution for the Banking and Insurance Industry

CFA Society Sri Lanka and Neuralgap to Host Course on Understanding and Applying AI in Finance

Samsung One UI 6.1.1 Expands Latest Galaxy AI Features to Even More Users Around the World

Kaspersky Highlights the Challenges of Offensive AI in a Brave New World

AI: A Tipping Point in Screen Experience Innovation

Why Sri Lanka Must Establish a Ministry of Artificial Intelligence (AI) Under the Next President

China’s First AI Standardization Research Institute Established in Beijing E-Town

Global advertising spend to top $1trn for first time this year