Daily Archives: 26, February 2024

Mistral AI Advances AI Accessibility: Unveils Mistral Large and Mistral Small Language Models, Integration with Azure Platform

(IN BRIEF) Mistral AI, an AI company, has introduced Mistral Large, its latest advanced language model, offering top-tier reasoning capabilities and multilingual proficiency. It’s now accessible through Azure, in addition to their platform. They’ve also launched Mistral Small, optimized for … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

AXA Launches Tender Offer for Subordinated Notes in Debt Optimization Move

(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release

Garanti BBVA Unveils Turkey’s Largest Banking Technology Center

(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release

BMT Unveils CAIMEN® Large Design to Enhance Australia’s Amphibious Capabilities

(IN BRIEF) BMT, a global leader in ship design and technical consultancy, has unveiled the CAIMEN® Large design, strategically positioned to bolster Australia’s Landing Craft-Heavy (LC-H) requirements amid the nation’s focus on enhancing amphibious capabilities in littoral environments. Graeme Nayler, … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

Voydeya Recommended for EU Marketing Authorization as PNH Treatment Add-On

(IN BRIEF) Voydeya (danicopan), a first-in-class oral Factor D inhibitor, has been recommended for marketing authorization in the European Union (EU) as an add-on to ravulizumab or eculizumab for adult patients with paroxysmal nocturnal haemoglobinuria (PNH) who experience residual haemolytic … Read the full press release

Infineon Technologies AG Initiates Share Buyback Program for Employee Participation

(IN BRIEF) Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has announced its decision, approved by the Supervisory Board, to acquire up to 7,000,000 shares via the stock exchange, with a total purchase price of up to €300 million. The … Read the full press release

GSK’s Gepotidacin Shows Promise as Gonorrhoea Treatment: Positive Results from EAGLE-1 Trial

(IN BRIEF) GSK plc has announced positive headline results from the pivotal EAGLE-1 phase III trial for gepotidacin, an oral antibiotic aimed at treating uncomplicated urogenital gonorrhoea in adolescents and adults. The trial demonstrated gepotidacin’s non-inferiority compared to the current … Read the full press release

Boosting Grenada’s Healthcare: CDB and EIB Announce Major Funding Initiative

(IN BRIEF) Grenada’s healthcare infrastructure is set to undergo a significant transformation with a US$ 9,970,500 loan from the Caribbean Development Bank (CDB), financed by the European Investment Bank (EIB). The project, launched in St. George’s, Grenada, aims to strengthen … Read the full press release

Thales Collaborates with Google to Streamline eSIM Activation for Android Devices

(IN BRIEF) Thales, a leader in digital security solutions, has partnered with Google to introduce the Thales eSIM Discovery solution, which integrates the Google Discovery Service for seamless activation of eSIMs on Android devices. This collaboration aims to enhance user … Read the full press release

Kuehne+Nagel Enhances Sea Freight Customer Platform with End-to-End Lead Times

(IN BRIEF) Kuehne+Nagel has bolstered its seaexplorer customer platform by integrating pre- and on-carriage lead times for both full container loads (FCL) and less than container loads (LCL), offering shippers comprehensive insights into the global shipping network. The platform now … Read the full press release

Ayvens and Stellantis Forge Multi-Billion Euro Agreement for Sustainable Mobility

(IN BRIEF) Ayvens, a leading global sustainable mobility player resulting from ALD Automotive’s acquisition of LeasePlan, has entered a multi-billion euro frame agreement with Stellantis, a prominent automaker, to procure up to 500,000 vehicles for its long-term leasing fleet across … Read the full press release

Optus and Ericsson Achieve Significant Energy Savings with Dynamic Efficiency Solutions for 5G Networks

(IN BRIEF) Optus and Ericsson have collaborated to deploy dynamic energy efficiency software solutions in Optus’s 5G mobile network, resulting in a potential incremental reduction in energy consumption across the network’s Ericsson radio access footprint. The implemented solutions, including Massive … Read the full press release

Ericsson and O2 Telefónica Forge Ahead with Cloud RAN Deployment in Europe

(IN BRIEF) Ericsson and O2 Telefónica are set to deploy Cloud RAN technology in Offenbach, Germany, in the first half of 2024, marking the introduction of Ericsson Cloud RAN in Europe. This joint initiative aims to leverage virtualization and cloud … Read the full press release

AT&T and Ericsson Achieve Milestone with Cloud RAN Deployment for Open RAN

(IN BRIEF) AT&T and Ericsson have achieved a significant milestone in their collaboration by completing a Cloud RAN call, marking progress in deploying Open RAN. The successful deployment, located south of Dallas, Texas, signifies the acceleration of AT&T’s C-Band deployment … Read the full press release

Ericsson-Intel Tech Hub Achieves Milestone with Successful Cloud RAN Call Using Future Xeon Processor

(IN BRIEF) The Ericsson-Intel Tech Hub, stationed in Santa Clara, USA, has reached a significant milestone with the successful completion of a Cloud RAN call utilizing Intel’s future Xeon processor, Granite Rapids-D. This achievement underscores the hub’s role as a … Read the full press release

Driving Toward a Greener Future: Daimler Buses Launches Hydrogen-Powered Mercedes-Benz eCitaro G fuel cell

(IN BRIEF) Daimler Buses introduces the groundbreaking Mercedes-Benz eCitaro G fuel cell at the mobility move 2024 conference in Berlin. This electric articulated bus, featuring NMC3 batteries and hydrogen fuel cell technology, offers an impressive range of up to 400 … Read the full press release

Ericsson and Intel Showcase Breakthrough in Core Network Energy Efficiency at MWC

(IN BRIEF) Ericsson and Intel have unveiled groundbreaking advancements in core network energy efficiency at Mobile World Congress (MWC), demonstrating a remarkable 3.2x performance increase and over 40 percent energy savings in core network servers using Intel® Xeon® Next-Gen processors. … Read the full press release

Ericsson Türkiye Spearheads AI-Driven 6G Security Solutions in ROBUST-6G Project

(IN BRIEF) Ericsson Research Türkiye leads the ROBUST-6G project, contributing to the development of cutting-edge security solutions for 6G networks. The project aims to address the cybersecurity challenges of future 6G services and networks by leveraging AI/ML techniques and zero-touch … Read the full press release

Barco Partners with Ingram Micro to Expand Distribution of ProAV Solutions in Singapore

(IN BRIEF) Barco, a leading provider of visualization technology, has appointed Ingram Micro, a prominent IT distributor in Asia Pacific, as its new distribution company for G-series projection and image processing solutions in Singapore. With Ingram Micro’s reputation for providing … Read the full press release

Anu Haapala Appointed Director of Development for University of Helsinki’s Teaching and Learning Services

(IN BRIEF) Anu Haapala, Doctor of Philosophy in Education, has been named the new director of development for the University of Helsinki’s Teaching and Learning Services sector, effective April 1, 2024. With a background spanning over a decade in research … Read the full press release

Boehringer Ingelheim’s Survodutide Shows Promising Results as Potential Best-in-Class Treatment for MASH in Phase II Trial

(IN BRIEF) Boehringer Ingelheim has reported compelling results from its Phase II trial of Survodutide, a novel glucagon/GLP-1 receptor dual agonist, indicating its potential to become a leading treatment for Metabolic Dysfunction-Associated Steatohepatitis (MASH). In the trial, up to 83.0% … Read the full press release

Outokumpu Oyj repurchased 267,107 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized its share repurchase program on February 23, 2024, acquiring a total of 267,107 of its own shares across various trading venues. The company’s buyback initiative, initiated on November 29, 2023, aimed to repurchase a maximum of … Read the full press release