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The Latest Breaking News from Capgemini

AI frenzy helps mint 600,000 new U.S. millionaires, trouncing the rest of the world

Stock market gains have helped make North America the region with the highest rate of millionaire growth in the world.

Fortune

Surge in global wealth sees number of millionaires hit new high

The world has never had so many wealthy people – with fortunes being fuelled by soaring stock markets and strong economic growth in 2023, a study published Wednesday found.

Radio France Internationale

World's Richest Have Never Been So Wealthy: Study

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

International Business Times

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Classroom to cubicle: filling the digital skill gap

Magic Bus India Foundation operates 18 Livelihood Centres in Bengaluru, offering digital courses to unemployed graduates from marginalized communities.

The Hindu

Post Office Horizon scandal: four reasons why the government's model for outsourcing is broken

For over a decade, the Post Office and its supplier, Fujitsu, insisted that the Horizon system used in its branches was completely “robust”. When discrepancies appeared in hundreds of branch accounts across the country, the Post Office refused to believe the system was at fault and didn’t challenge the information…

The Conversation

RTO battle heats up as quarter of companies plan office investment

Capgemini's CEO said companies were beginning to find an "equilibrium" of hybrid work.

Fortune

3 Grocery Stocks to Buy Paving the Way for Monthly Gains

The grocery sector stands out as a promising investment option, thanks to the inelastic demand for its products and the adoption of e-commerce platforms. So, fundamentally strong grocery stocks Kroger (KR), Albertsons Companies (ACI), and Village Super Market (VLGEA) might be solid buys for monthly gains. Read more.

StockNews.com

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Bundee Aki and Antoine Dupont among nominees for World Rugby Men’s Player of the Year

Eben Etzebeth and Ardie Savea also feature on a four-player shortlist

The Independent UK

Arm Total Design to Facilitate Development of Custom Datacenter SoCs

Arm this week introduced its Arm Total Design initiative, which is aimed at accelerating development of custom datacenter-oriented system-on-chip (SoC) designs using Neoverse Compute Subsystems (CSS). The collaborative ecosystem unites various developers in a bid to speed up time-to-market and reduce development costs of custom SoCs for AI, cloud, and…

AnandTech

Many telcos aren't on board with AI just yet

Businesses need to pay attention to the carbon footprint of using AI at scale.

TechRadar

World’s richest suffer biggest wealth drop in a decade

The world’s richest individuals have seen the biggest annual decline in the size of their wealth for a decade, new research has revealed, in signs even internationally mobile billionaires are taking a knock from soaring inflation and a slowdown in economic growth.

Evening Standard

20,000 hidden swimming pools found in France thanks to new AI technology

New AI software by Google and Capgemini is able to spot pools using aerial imagery

Evening Standard

AI Challenge to help identify, classify potholes of Hyderabad

The T-AIM, Capgemini initiative is to help GHMC with insights to undertake repairs.

The Hindu

Forest AI grand challenge winner announced

Think Evolve Consultancy chosen by T-AIM to receive mentoring support up to ₹20 lakh award

The Hindu

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Birmingham Post

Knight Frank sells north Bristol data centre for £13.1m

1120 Aztec West is currently being leased by French multinational IT consultancy Capgemini

The National (Scotland)

Scottish Water invests in technology to protect flood-prone areas

A £100 MILLION investment by Scottish Water over the next five years in nternet of Things (IoT) technology will enable it to predict problems in…

The Times of India

World’s richest lost $1.4 trillion in 2022 after rapid gains

The 500 wealthiest people in the world have lost a combined $1.4 trillion this year, including $206 billion on Monday alone, according to the Bloomberg Billionaires Index, as global financial markets buckle under the weight of higher interest rates and inflation anxiety.

The Canberra Times

Bee-autiful effort: Salesforce, Capgemini join forces to help bees at Hall

It's World Bee Day on Friday and a bee boulevard is being created in the main street of Hall

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