Latest news with #cloudplatform
Yahoo
6 days ago
- Business
- Yahoo
AVATAi Launches Enterprise-Ready 3D Avatar Cloud Platform at SuperAI Singapore 2025
KUALA LUMPUR, Malaysia, June 17, 2025 /PRNewswire/ -- AVATAi will debut its new cloud-based 3D avatar platform at SuperAI Singapore 2025, from 18-19 June at Marina Bay Sands, Singapore. Built for businesses, the platform allows enterprises to deploy life-like, fully animatable 3D avatars across customer service, product demos, internal training, virtual events, and more. Designed for Enterprise Use The AVATAi Cloud Platform gives companies complete control over avatar creation and deployment. Users can generate photorealistic avatars from a web browser in minutes without requiring specialised hardware or coding skills. The platform also offers a public API for enterprise integration that connects directly to existing workflows and software environments. Built on secure, cloud-native infrastructure, the platform delivers speed, reliability, and scalability across industries. "We're here to show what's possible when you combine AI with scalable infrastructure," said Magomet Malsagov, Chairman and CEO of AVATAi. "Our cloud platform and upcoming apps unlock practical, high-impact use cases for business, from virtual customer agents and digital hosts to branded training bots and product explainers. The goal is simple: fast, flexible avatar deployment without adding complexity to your stack." Robust Early Traction, Global Rollout Ahead AVATAi launched in December 2024. Since then, the company has generated over 6.3 million ad impressions in the U.S. and recorded more than 50,000 app downloads and over 40,000 monthly active users. The company plans to launch its enhanced 3D Messenger and Personal Assistant apps at Ai4 2025 in Las Vegas this August. New capabilities include multilingual voice synthesis, avatar motion sync, and conversational AI built on the same core platform as the cloud platform. Digital Avatars Go Mainstream As companies invest in more natural, scalable digital interactions, the global avatar market will soar to USD 745 billion by 2033. AVATAi's platform is positioned not just as a tool, but as infrastructure for how brands and businesses will engage moving forward. Attendees can experience the AVATAi platform at Booth MB4 at SuperAI Singapore 2025. For demos, API access, or partnership discussions, visit or contact corporate@ About AVATAi AVATAi is pioneering the next evolution of digital identity with its proprietary cloud-based AI-powered 3D avatar technology, transforming ordinary 2D images into hyper-realistic, fully animatable 3D avatars. Unlike expensive studio-based alternatives, AVATAi delivers studio-quality avatars directly from a smartphone at a fraction of the cost. For media inquiries, please contact corporate@ View original content to download multimedia: SOURCE AVATAi Sign in to access your portfolio
Tahawul Tech
12-06-2025
- Automotive
- Tahawul Tech
Nvidia aims to build industrial AI platform in Germany
At the recent VivaTech conference in Paris, Nvidia CEO Jensen Huang announced that the company would build its first artificial intelligence cloud platform for industrial applications in Germany. The technology aims to help carmakers such as BMW and Mercedes-Benz with processes from simulating product design to managing logistics. 'In just two years, we will increase the amount of AI computing capacity in Europe by a factor of 10,' Huang said. 'Europe has now awakened to the importance of AI factories and the importance of the AI infrastructure,' he said, laying out plans for 20 AI factories – large-scale infrastructure designed for developing, training and deploying AI models – in Europe. While Europe has lagged behind the U.S. and China in developing AI technologies, the European Commission said in March that it planned to invest $20 billion to construct four AI factories. Nvidia is also partnering European AI champion Mistral to create AI computing that runs on 18,000 of the latest Nvidia chips for European businesses. 'Sovereign AI is an imperative – no company, industry or nation can outsource its intelligence', Huang said. Huang has been travelling the globe to highlight the importance of businesses adopting AI and the dangers of falling behind. Source: Reuters Image Credit: Stock Image
Zawya
11-06-2025
- Automotive
- Zawya
Nvidia to build first industrial AI cloud in Germany
Nvidia will build its first artificial intelligence cloud platform for industrial applications in Germany, CEO Jensen Huang said on Wednesday at the VivaTech conference in Paris. The technology, which will combine AI with robotics, will help carmakers such as BMW and Mercedes-Benz with processes from simulating product design to managing logistics. In a series of Europe-focused announcements, Huang outlined plans to expand technology centres in seven countries, open up Nvidia's compute marketplace for European companies, help AI model makers in several languages become more advanced, and aid in drug discovery by firms such as Novo Nordisk. "In just two years, we will increase the amount of AI computing capacity in Europe by a factor of 10," said Huang, in a nearly two-hour-long presentation in front of a packed audience. "Europe has now awakened to the importance of AI factories and the importance of the AI infrastructure," he said, laying out plans for 20 AI factories - large-scale infrastructure designed for developing, training, and deploying AI models - in Europe. While Europe has lagged the U.S. and China in developing AI technologies, the European Commission said in March it planned to invest $20 billion to construct four AI factories. Nvidia is also partnering with European AI champion Mistral to create AI computing that runs on 18,000 of the latest Nvidia chips for European businesses. "Sovereign AI is an imperative - no company, industry, or nation can outsource its intelligence", Huang said. Huang has been trotting the globe to highlight the importance of businesses adopting AI and the dangers of falling behind. On Monday, he said in London that Britain lacked the computing infrastructure to deliver the full potential of its AI research base. Beyond AI, Huang reiterated his view quantum computing technology is at an inflection point. Quantum calculations could crack problems that currently would demand years of processing from Nvidia's most advanced AI systems. Quantum computing will solve "some interesting problems" in the coming years, Huang added. The CEO made similar comments in March at Nvidia's annual software developer conference when he spoke about the potential of quantum computing, walking back comments he made in January when he said useful quantum computers were 20 years away. (Reporting by Supantha Mukherjee and Florence Loeve in Paris. Writing by Nathan Vifflin in Amsterdam. Editing by Mark Potter)
Finextra
16-05-2025
- Business
- Finextra
Bajaj Finance moves to Pennant cloud-based lending tech
Pennant Technologies, a leading financial technology company, today announced the successful completion of a landmark core lending transformation for Bajaj Finance Ltd., India's largest non-bank lender and part of Bajaj Finserv Ltd. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The initiative transitioned from a monolithic loan management system to pennApps Lending Factory, a modern, scalable, and agile digital lending platform. This transformation has streamlined Bajaj Finance's retail, commercial, and business loan operations, enabling it to manage over 50 million loans seamlessly while delivering enhanced agility, operational resilience, and customer-centric experiences across the lending lifecycle. The transition to a new-age, cloud-based platform is the largest of its kind implemented in the financial services sector in India. 'Bajaj Finance is driven by a vision of continuous innovation, operational excellence, and of delivering customer delight using technology,' said Rajeev Jain, Vice Chairman, Bajaj Finance. 'Our partnership with Pennant is enabling us to bring this vision to life through simplified customer experiences, accelerated growth and enhanced value for our stakeholders.' From Complexity to Simplicity: Unifying Lending on a Single Platform Previously, Bajaj Finance operated a long-serving loan management system that had effectively supported its growth for years. However, as the lending landscape evolved — with increasing regulatory complexity, rising operational costs, and changing customer expectations — the institution recognised the need for a more agile, scalable, and digital-first platform. This prompted a strategic transformation to future-proof its lending operations and deliver enhanced value across the board. The transition to pennApps Lending Factory marked a significant leap forward, modernising lending operations across various loan products, including consumer finance, retail, housing, gold, microfinance, professional, commercial, loans against property, and corporate portfolios. Today, Pennant's robust loan management system powers Bajaj Finance's entire lending ecosystem with agility, resilience, and scale. 'What started as a focused engagement to modernise specific lending capabilities quickly evolved into an enterprise-wide transformation and a strategic partnership,' added Mudit Mehrish, Chief Information Officer, Bajaj Finance. 'Today, our lending operations run seamlessly on pennApps Lending Factory, enabling us to innovate faster, scale effortlessly, and deliver superior customer experiences.' Tangible Business Impact Across Lending Operations The transformation has delivered measurable improvements: • Scale & Flexibility: Managing 27+ loan product variants across 50 million+ loan accounts on a single, composable, resilient platform. • Operational scale with cost efficiency: Significant reduction in loan servicing costs by transitioning to a unified platform. Strategic Partnership Built for the Future 'We are proud to partner with Bajaj Finance on this transformative journey,' said Pradeep Varma, Founding Director & MD, Pennant Technologies. 'In a rapidly evolving lending landscape, our mission is to equip financial institutions with platforms that power today's operations and enable tomorrow's growth. This transformation is a testament to the strength of pennApps Lending Factory in driving business value.' The project involved successfully migrating Bajaj Finance's entire lending portfolio — spanning secured and unsecured products — making it one of the most significant data migration initiatives in the global lending industry. With this milestone, Pennant has reinforced its position as a trusted transformation partner for banks and financial institutions, helping them reimagine customer experiences, accelerate time to market, and thrive in a digital-first world. pennApps Lending Factory has garnered recognition from prominent analysts and industry organisations, including Gartner, Everest Group, Chartis Research, and NASSCOM, for its innovation, scalability, and composability.
