Tech

Highlighting technological advancements, innovation in business models, and the impact of disruptive technologies on industries and markets.

Business Industry Analysis Tech

Sri Lankan Fintech Startup Secures £4 Million Seed Funding Led by Barclays

WealthOS, a cloud-based wealth management platform founded by Sri Lankan entrepreneurs, has secured £4 million in seed funding. The round was led by Barclays Bank, with participation from Main Set, a division of Capricorn Capital Partners UK Limited. This significant investment will be used to enhance WealthOS’s platform, expand its distribution network, and further scale

Read More
Business Tech

LankaGPT Launches Free AI Platform “Sigiriya” to Empower Sri Lankans Globally

Sri Lankan AI company LankaGPT is set to launch a revolutionary new platform, Sigiriya AI, in July 2024. This groundbreaking tool, the first of its kind built by Sri Lankans, aims to provide free AI access to education, agriculture, and healthcare sectors both locally and internationally. Developed by a global team of 30 individuals across

Read More
Tech

Lenovo Expands Local Footprint: Opens Third Exclusive Store in Sri Lanka

Lenovo, a global technology powerhouse, has unveiled its third Lenovo Exclusive store in Jaffna, marking a significant step in the company’s presence in the region. This move reflects Lenovo’s commitment to advancing Sri Lanka’s digital transformation journey, leveraging AI to drive intelligent transformation with purpose-built devices, infrastructure, solutions, and services for industries, enterprises, and individuals.

Read More
Tech Technological Advancements

One UI 6.1 Introduces Galaxy AI Features from S24 Series to Expanded Range of Galaxy Devices

Samsung Electronics has unveiled the availability of One UI 6.1, extending Galaxy AI experiences to a wider range of Galaxy smartphones and tablets. Originally introduced on the Galaxy S24 series, Galaxy AI features will now expand to include the Galaxy S22 series, Galaxy Z Fold4, Galaxy Z Flip4 foldable phones, and the Galaxy Tab S8

Read More
Tech

Huawei ADN Receives Prestigious Automation Solution Award at FutureNet World 2024

At the recent FutureNet World 2024 event in London, Huawei’s Autonomous Driving Network Solution (ADN) received the prestigious “Automation Solution Award” for its Telecom Foundation Model application in network automation and AI. The award recognizes Huawei’s outstanding achievement in advancing technology within the telecommunications sector, specifically in network automation and artificial intelligence. The core theme

Read More
Tech

Ministry of Technology Partners with Mastercard for DigiEcon Global Investment Summit 2024

The Technology Ministry of Sri Lanka has joined forces with Mastercard for the upcoming DigiEcon Global Investment Summit 2024. This summit aims to boost the country’s economic revival by fostering partnerships between global investors, industry leaders, entrepreneurs, and policymakers. Scheduled for June 25, the event will focus on promoting investment and collaboration within Sri Lanka’s

Read More
Tech

Zapmail Introduces Zappy AI to Transform Sales Automation

Zapmail has introduced Zappy AI, an innovative sales automation solution set to revolutionize customer engagement for businesses. With a focus on streamlining operations and enhancing interactions, Zappy AI represents a significant advancement in efficiency and effectiveness. At its core, the program leverages ‘Agent Zappy’ to facilitate personalized, two-way conversations tailored to individual customer preferences. This

Read More
Tech Technological Advancements

Dialog Enterprise Collaborates with UTECH Technologies for Industry 4.0 Advancement

Dialog Enterprise, in collaboration with UTECH solutions, has unveiled a new addition to its array of innovative automation solutions. This partnership aims to harness Dialog Enterprise’s extensive industry experience and UTECH’s expertise in developing tailored technology solutions to address the evolving needs of businesses in today’s dynamic environment. With a focus on facilitating the transition

Read More
Tech

Spanish Startups Lodge Complaint Against Microsoft Over Cloud Practices: Exclusive Report

Spanish startup group filed a complaint against Microsoft with the Spanish antitrust regulator on Tuesday, adding to the string of grievances over the tech giant’s cloud computing practices. Following a similar complaint from a trade group to the EU, Microsoft faces scrutiny over its rapidly expanding cloud services, challenging market leader Amazon. The complaint, lodged

Read More
Tech Technological Advancements

PickMe Collaborates with Google for Next-Gen AI Product Development

Prompt Engine, winners of the 2-day hackathon PickMe hackathon participants with Searce team PickMe recently hosted a groundbreaking hackathon at Water’s Edge, where a diverse group of its developers, coders, business analysts, and staffers from various departments came together for a two-day intensive session. Unlike typical hackathons focused solely on coding, this event brought together

Read More