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IBM Scientist Bags Inventor of the Year Award for Improving AI Capabilities

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Inventor Rajiv Joshi has bagged the prestigious Inventor of the Year award in recognition of his pioneering work in advancing the electronic industry and improving artificial intelligence capabilities.

Dr. Joshi, who is a master inventor with more than 250 patented inventions in the US, works at the IBM Thomson Watson Research Center in New York.

He was presented with the prestigious annual award by the New York Intellectual Property Law Association early this month during a virtual awards ceremony.

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An IIT Mumbai alumnus, Joshi has an MS degree from the Massachusetts Institute of Technology (MIT) and a PhD in mechanical/electrical engineering from Columbia University, New York.

His invention span from novel interconnect structures and processes for more scaling, machine learning techniques for predictive failure analytics, high bandwidth, high performance and low power integrated circuits and memories and their usage in hardware accelerators, meant for artificial intelligence applications.

Many of these structures exist in processors, supercomputers, laptops, smartphones, handheld, and variable gadgets and many other electronic items. His innovations have advanced day-to-day life, global communication, health sciences and medical fields impacting the world.

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“Necessity and curiosity inspire me,” Dr. Joshi told PTI in a recent interview, adding that the identification of a problem and providing out of the box solution as well as observe and think help him immensely to generate ideas.

Joshi said that while growing up, his parents always told him stories about great, renowned inventors like Guglielmo Marconi, Madame Curie, Right Brothers, James watt, Alexander Bell, Thomas Edison, and other great stalwarts. Their success stories and inventions really shaped his thought process and helped develop an interest in science and technology.

In his acceptance speech, Dr. Joshi said that cloud, artificial intelligence, and quantum computing not only remain the buzzwords, but their utility, widespread usage is advancing with leaps and bounds.

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“All these areas are very exciting and I have been dabbling further in artificial intelligence (AI) and quantum computing,” he said.

Quantum computing, which has offered tremendous opportunities, also faces challenges, he noted, adding that he is involved in advancing technology, improving memory structures and solutions and their usage in AI and contributing to quantum computing to advance the science.

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(Note: This is a Article Automatically Generated Through Syndication, Here is The Original Source

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Samsung develops the fastest DRAM chip for AI applications in the industry

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Samsung develops industry's fastest DRAM chip for AI applications

In a groundbreaking development, Samsung has announced the creation of the industry’s first low-power double data rate 5X (LPDDR5X) DRAM chip for AI applications. The new chip boasts high performance of up to 10.7 Gbps, marking a significant improvement in both speed and capacity compared to previous models.

Low-power, high-performance LPDDR chips are becoming increasingly important in the on-device AI market. Samsung’s latest LPDDR5X products, developed with 12 nanometer-class process technology, are the smallest in size among existing LPDDR chips, further cementing the company’s position as a leader in the low-power DRAM sector.

A company spokesperson stated, “Samsung will continue to innovate and deliver optimized products for the upcoming on-device AI era through close collaboration with customers.” Mass production of the LPDDR5X is set to commence in the second half of the year, pending verification by mobile application processor and device providers.

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The unveiling of Samsung’s LPDDR5X DRAM chip represents a significant step forward in the field of AI technology. The chip’s impressive performance and capacity enhancements are expected to further drive the adoption of on-device AI solutions in various industries. This groundbreaking innovation is sure to set a new standard for memory solutions tailored for AI applications.

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PM Modi expresses strong interest in Zoho’s rural development model: Sridhar Vembu

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PM Modi showed keen interest in our model of rural development: Zoho's Sridhar Vembu

New Delhi, April 17 (IANS) – Zoho Founder and CEO, Sridhar Vembu, revealed that Prime Minister Narendra Modi expressed interest in Zoho’s rural development model in Tenkasi district, Tamil Nadu during his recent meeting. PM Modi praised the company’s efforts in creating high-tech capabilities and jobs in rural areas.

During an election rally in Ambasamudram, PM Modi met Vembu to discuss Zoho’s rural development through R&D model. Vembu expressed gratitude towards PM Modi for taking the time to understand and appreciate the company’s operations in Tenkasi as a model of rural development.

“PM Modi came to Ambasamudram which is close to my village. Even in the middle of his hectic campaign schedule, he gave me time to meet him and brief him on our rural development through R&D model and on creating high-tech capability and jobs in rural areas,” Vembu shared on social media.

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Vembu highlighted that PM Modi showed keen interest in Zoho’s Tenkasi operations. He praised the Prime Minister’s leadership and expressed his support for his continued health and service to the nation. Zoho, founded in 1996 and headquartered in Chennai, employs over 15,000 individuals globally.

During his rally in Ambasamudram, PM Modi criticized the DMK in Tamil Nadu, alleging that they conspired with the Congress to hand over the Katchatheevu island to a foreign nation. PM Modi emphasized his commitment to developing a ‘Viksit Tamil Nadu’ along with a ‘Viksit Bharat’ for overall progress.

The interaction between PM Modi and Zoho’s CEO highlights the government’s interest in innovative rural development models like the one implemented by Zoho in Tenkasi district. The meeting signifies a recognition of the potential for high-tech job creation in rural areas leading to localized economic growth and development.

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MediBuddy Healthcare Platform Reaches Break-Even Point in Fiscal Year 2024

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Healthcare platform MediBuddy achieves break-even in FY24

New Delhi, April 17 (IANS) Digital healthcare platform MediBuddy has announced that it has reached break-even with a marginal loss in the previous fiscal year, moving towards EBITDA neutrality. The company has seen a significant increase in its user base by 2.4 times over the last three years, serving close to 3 crore people with over 1 crore subscribers.

According to Satish Kannan, Co-founder and CEO of MediBuddy, “By leveraging technology, our platform enhances doctor-patient interactions, fueling remarkable growth and expanding healthcare access nationwide.” The company is now focusing on exploring mergers and acquisitions opportunities in key healthcare areas such as chronic disease management, mental health, diabetes, women’s care, and weight management, supported by an $18 million capital pool.

MediBuddy has a network of over 90,000 doctors across more than 22 specialities, and works with over 7,100 hospitals and clinics. The company has also onboarded over 10,000 hospitals and diagnostic centers for all radiology and pathology investigations. Kannan stated, “We empower doctors through our platform, offering accessible care via video consultations, hospital visits, clinics, pharmacy deliveries, and diagnostic services.”

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The company’s commitment to innovation and technology has led to its break-even milestone, as it continues to focus on providing quality healthcare services to its growing user base. MediBuddy’s emphasis on enhancing doctor-patient interactions and expanding healthcare access has contributed to its success in achieving break-even status in the previous fiscal year.

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