January 24, 2025
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5min30
23rd January 2025: The Sri Lanka Institute of Information Technology (SLIIT) and Deakin University, Australia are strengthening their two-decade partnership to introduce Sri Lanka’s first Australian Bachelor’s Degree in Artificial Intelligence (AI). The pioneering initiative offers students, Deakin University’s first-ever Australian AI degree an offshore completion in Sri Lanka, creating a historic milestone for higher […]

January 20, 2025
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8min28
Artificial intelligence (AI) has seamlessly integrated into our lives, making its presence felt in everything from managing our schedules to analyzing vast amounts of data. Despite its growing capabilities, you might have noticed that sometimes AI doesn’t quite deliver the results you expect. Ever wondered why that is? Ultimately, it comes down to mastering the […]

October 7, 2024
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6min47
Experts at an international conference highlighted the transformative impact of artificial intelligence (AI) on medical science, noting that innovative devices are now being developed that allow doctors to diagnose diseases more accurately and provide faster treatment. They emphasized that integrating AI into medical education equips future physicians with real-time data analysis, personalized learning experiences, and […]

August 2, 2024
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4min5
Wavenet, a pioneering technology company renowned for its advancements in artificial intelligence (AI) and digital transformation, showcased its innovative prowess at the DTW – Ignite 2024 event. This prestigious gathering of global telecom industry leaders highlighted the pivotal role of AI and emerging trends reshaping the telecommunications landscape.     As a trailblazer with over […]

July 31, 2024
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8min54
Softlogic Life’s first Artificial Intelligence-powered claim settlement goes live, with tremendous processing capability improvements to come   July 30th, 2024: In a ground-breaking move, Sri Lanka’s leading Health Insurer, Softlogic Life, settled its first claim through Artificial Intelligence (AI), signaling a huge move towards embracing the latest technology that will power the Company’s processing ability, […]

July 16, 2024
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3min51
The Sri Lanka Institute of Information Technology (SLIIT) has a brand-new specialization in Artificial Intelligence for the BSc (Hons) in IT degree. The groundbreaking programme marks a significant milestone in Sri Lanka’s higher education sector, particularly as SLIIT is a non-state university.     Recognizing Artificial Intelligence as the future of education and technological innovation, […]

June 24, 2024

6min18
In a major transformation shift in the Sri Lankan legal industry, an artificial intelligence (AI) powered legal research platform has been introduced by RedBlocks AI (Pvt) Ltd, featuring the country’s largest legal database, addressing the critical pain points that have long hindered efficient legal research. At the recently concluded Sri Lanka Association for Software and […]

June 14, 2024
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5min8
Global call issued for innovative AI solutions at inaugural accelerate conference Colombo, Sri Lanka, 14th June 2024: – Today, the Mastercard Center for Inclusive Growth and data.org launched the Artificial Intelligence to Accelerate Inclusion Challenge (AI2AI Challenge), a global call for AI solutions to accelerate inclusion and economic empowerment.     The AI2AI Challenge will […]

June 12, 2024
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4min40
Wavenet, a leading provider of enterprise and SaaS solutions catalysing innovations at the intersection of artificial intelligence and digital transformation, recently partnered with NCINGA, a global Systems Integrator. This collaboration aims to develop and deliver next-generation solutions, that will empower businesses worldwide in the telecommunications and healthcare sector.     NCINGA offers cutting-edge platform offerings […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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