Oct 18, 2024, 4:34 PM
Oct 18, 2024, 4:34 PM

Tata Communications launches AI Cloud with Nvidia for enterprises

Highlights
  • Tata Communications is set to initiate trials of its AI Cloud, developed in partnership with Nvidia, targeting enterprise clients.
  • The trials are expected to serve sectors such as manufacturing, retail, and banking, with a focus on enhancing AI utilization.
  • The company's current initiatives reflect a strategic response to growing AI adoption trends and will support its international expansion plans.
Story

Tata Communications, based in India, is preparing to launch trials for its AI Cloud service, developed in collaboration with Nvidia. These trials are a response to rising interest from enterprises in various sectors, including manufacturing, retail, and banking, which are seeking to leverage AI technologies for improved operations. The AI Cloud is designed to provide advanced computing infrastructure powered by Nvidia's GH200 Grace Hopper Superchip, targeting organizations that wish to transition from initial proof-of-concept stages to broader deployment of AI solutions. The company aims to expand its reach beyond domestic markets, seeking potential international clients. AS Lakshminarayanan, the CEO of Tata Communications, highlighted a growing trend where AI spending is primarily focused on training instead of inference, anticipating a shift as more enterprises embrace full-scale AI implementations. Furthermore, Tata Communications plans to introduce a multi-cloud network product by the year's end to facilitate seamless connections across various cloud platforms. In parallel to these developments, Tata Communications reported modest growth in its financial performance, indicating a 3% increase in net profit and an 18% rise in revenue for the recent quarter. This financial momentum reflects the increasing demand for digital solutions amid the ongoing technological transformation within various industries. As they embark on these trials, the company's strategic moves underline the competitive landscape in AI services, particularly as various sectors look to harness the power of artificial intelligence for operational efficiencies. Overall, Tata Communications is positioning itself as a key player in the AI cloud space, backed by Nvidia's technological expertise, while addressing the evolving needs of enterprises across different sectors.

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