Tag: digital transformation

H&M Releases First Images With AI Digital Twins

H&M Unveils First Images of AI Digital Twins H&M, the renowned fashion retailer, made waves in the digital sphere as it revealed its first images featuring AI digital twins. The company took to Instagram on Wednesday to showcase these cutting-edge creations, shedding light on its innovative approach to AI imagery. The introduction of AI digital […]

Alibaba Cloud opens AI centre in Singapore to drive regional innovation

Singapore Emerges as AI Gateway for Asia-Pacific with Alibaba Investment Alibaba Cloud, the cloud computing arm of Alibaba Group, recently made a strategic move by opening an Artificial Intelligence (AI) center in Singapore. This initiative aims to drive regional innovation and further solidify Singapore’s position as the AI gateway for the Asia-Pacific region. The establishment […]

The Debate Over Nike’s CEO Bursts Into the Open

The Debate Over Nike’s CEO Bursts Into the Open Speculation about the chief executive’s future is now happening in the open public as pressure grows on Nike’s management to enact a turnaround — and do it sooner than later. The global sportswear giant, Nike, known for its innovative products and iconic marketing campaigns, is currently […]

Nike CEO John Donahoe to Step Down

Nike CEO John Donahoe to Step Down Nike, the iconic sportswear giant, is undergoing a significant leadership change as CEO John Donahoe steps down. Donahoe, who took the helm in January 2020, has faced challenges during his tenure, and now will be succeeded by Elliott Hill, a seasoned veteran of the company. Hill, who retired […]

DDN gears up for AI boom with next-gen storage systems

DDN Revolutionizes Storage Solutions for the AI Era DataDirect Networks (DDN), a renowned leader in data storage solutions, is setting the stage for the impending Artificial Intelligence (AI) boom with its latest offerings. The introduction of the AI400X3 and Infinia 2.1 systems marks a significant milestone in the realm of storage solutions tailored for enterprise […]

ChatGPT emerges as a search alternative, but Google holds ground

ChatGPT Emerges as a Search Alternative, But Google Holds Ground In the vast landscape of digital search engines, Google has long been synonymous with finding quick and accurate answers to virtually any query. However, recent developments have seen a new player stepping into the arena – ChatGPT. This AI-powered tool is making waves as a […]

New NHS plan adds AI to protect patient safety

New NHS Plan Adds AI to Protect Patient Safety The National Health Service (NHS) in the UK has always been at the forefront of innovation when it comes to healthcare. In a groundbreaking move, the NHS has recently unveiled a new plan to incorporate artificial intelligence (AI) into its systems to enhance patient safety. This […]

Nike Fourth-Quarter Sales Fall by Less Than Expected

Nike Fourth-Quarter Sales Fall by Less Than Expected Nike, the global sportswear giant, recently announced that its fourth-quarter sales fell by less than expected. Despite the decline, CEO Elliott Hill expressed optimism, stating that the company is making progress in its turnaround effort. However, he also acknowledged that a full return to growth will require […]

Infosys chairman warns of global risks from tariffs and AI

Navigating the Perfect Storm: Infosys Chairman Warns of Global Risks from Tariffs and AI At the recent Infosys Annual General Meeting (AGM), Chairman Nandan Nilekani delivered a stark warning to global businesses. In his address, Nilekani highlighted the pressing need for companies to navigate what he termed a ‘perfect storm’ of challenges arising from the […]

Retail Emerges as Most Distressed Sector in Europe, Report Says

Retail in Europe Faces Unprecedented Distress Amid Economic Challenges Retail in Europe is currently facing one of its toughest challenges in recent history. A recent report has highlighted that the sector is experiencing significant distress, with various factors contributing to its decline. Weak discretionary spending, margin compression, and tightening credit conditions have all played a […]

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