Monthly Archives: May 2024

Eviden Unveils JARVICE™ AI: Streamlining AI Infrastructure Management

(IN BRIEF) Eviden, a business within the Atos Group specializing in advanced computing, has introduced JARVICE™ AI, a new software solution aimed at simplifying the management of AI infrastructure. JARVICE AI, an extension of Eviden’s existing JARVICE™ XE platform, offers … Read the full press release

ABB Ventures into AI-powered Energy Management with Ndustrial Investment

(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release

AF Energi og Miljø AS Expands Renewable Energy Portfolio with Acquisition of ETA Norge AS

(IN BRIEF) AF Energi og Miljø AS has finalized the acquisition of 70% of the shares in ETA Norge AS, a proficient bioenergy contractor. ETA Norge, established in 2023, specializes in delivering heating systems and providing project planning, installation, and … Read the full press release

Accenture Elevates Responsible AI Leadership with Appointment of Chief Officer

(IN BRIEF) Accenture has reinforced its commitment to responsible AI by appointing Arnab Chakraborty as its first Chief Responsible AI Officer. With over two decades of experience and a significant role in shaping AI governance, Chakraborty’s appointment signifies Accenture’s strategic … Read the full press release

Philips’ ‘Close to the Heart’ Campaign: Bridging Cardiology and Mountain Climbing for Exceptional Care

(IN BRIEF) Philips’ latest campaign, “Close to the Heart,” intertwines the narratives of interventional cardiologists and mountain climbers, epitomized by the inspiring journey of Dr. Qaisra Yasmin Saeed M.D. This campaign showcases the parallel challenges of both professions and highlights … Read the full press release

Digi Communications N.V. reports consolidated revenues and other income of EUR 447 million, adjusted EBITDA (excluding IFRS 16) of EUR 140 million for Q1 2024

(IN BRIEF) Digi Communications NV reported a strong performance in Q1 2024, with consolidated revenues and other income rising by 12% year-on-year to EUR 446.7 million. The adjusted EBITDA (excluding IFRS 16 impacts) increased by 23.4% to EUR 139.9 million. … Read the full press release

Digi Communications announces the conclusion of Facilities Agreements by companies from Digi Group

(IN BRIEF) Digi Communications has announced the finalization of two export credit facilities agreements totaling EUR 117,158,657.37 by RCS & RDS S.A. (its subsidiary in Romania) and Digi Spain Telecom S.L.U. The agreements aim to finance the purchase of goods … Read the full press release

Equinor and Petoro Announce Strategic Asset Swap in Haltenbanken Area

(IN BRIEF) Equinor and Petoro have finalized a value-neutral asset swap agreement in the Haltenbanken area, aimed at optimizing ownership in key production hubs. Equinor will increase its stake in the Heidrun field and Noatun discovery while reducing ownership in … Read the full press release

Management Transition: Dr. Tanja zu Waldeck Leaves BurdaForward, Dr. Lydia Rullkötter Takes Over as Co-CEO

(IN BRIEF) Dr. Tanja zu Waldeck, CEO of BurdaForward, is set to leave the company at the end of July to join TX Group as Group COO. Her departure marks a management change at BurdaForward, with Dr. Lydia Rullkötter appointed … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release

Stellantis and Leapmotor Finalize Formation of Leapmotor International, Paving the Way for Global Expansion of EV Lineup

(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release

Boliden Joins Ericsson and Telia’s NorthStar 5G Program for Advanced Mining Operations

(IN BRIEF) Boliden, a leading Swedish metals, mining, and smelting company, is partnering with Ericsson and Telia to enhance its mining operations through the NorthStar 5G innovation program. By upgrading its private 5G network in the Kankberg mine, Boliden aims … Read the full press release

ZF Introduces Innovative Employer Branding Metaverse for Talent Engagement

(IN BRIEF) ZF has unveiled its cutting-edge Employer Branding Metaverse, revolutionizing talent acquisition and engagement through immersive virtual experiences. This innovative platform allows candidates to explore ZF’s brand essence, corporate culture, and career opportunities in a dynamic virtual environment. Featuring … Read the full press release

Zalando Reorganizes Leadership for Enhanced E-commerce Ecosystem Strategy

(IN BRIEF) Zalando, Europe’s leading fashion and lifestyle e-commerce platform, is restructuring its management board to align with its updated strategy focusing on two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). Co-founder David Schneider transitions to a dedicated role focusing … Read the full press release

PSI Researchers Unlock Key Enzyme for Green Chemistry

(IN BRIEF) Scientists at the Paul Scherrer Institute (PSI) have made a groundbreaking discovery by precisely characterizing the enzyme styrene oxide isomerase, which holds immense potential for producing valuable chemicals and drug precursors in an environmentally sustainable manner. This enzyme, … Read the full press release

REPowerEU Marks Second Anniversary with New Wind Energy Initiatives

(IN BRIEF) Today marks the second anniversary of REPowerEU, the European Union’s response to Russia’s energy threat following the invasion of Ukraine. REPowerEU has significantly accelerated the deployment of wind energy across Europe, increasing its share in the electricity mix … Read the full press release

EIB and MicroBank’s €200 Million Boost to Spanish Entrepreneurs

(IN BRIEF) The European Investment Bank (EIB) and MicroBank have partnered to provide a €200 million loan, aimed at empowering small businesses and self-employed individuals in Spain. With MicroBank contributing an additional €100 million, this initiative seeks to address the … Read the full press release

EIF’s €200 Million Equity Mandate Boosts Greek Innovation and Sustainability

(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release

Eviden Launches BullSequana AI 600: Empowering Breakthroughs in AI Innovation with AMD Collaboration

(IN BRIEF) Eviden, in partnership with AMD, introduces the BullSequana AI 600, a new addition to its AI product lineup designed to support developers, data scientists, and researchers in achieving breakthroughs in innovation and computation. Featuring AMD Instinct™ MI300X accelerators … Read the full press release

JEDI Tops Green500 List: Leading the Charge in Energy-Efficient Supercomputing

(IN BRIEF) Forschungszentrum Jülich and EuroHPC Joint Undertaking, in collaboration with ParTec-Eviden, unveiled the first module of the exascale supercomputer JUPITER, named JEDI, at the International Supercomputing Conference. JEDI secured the top spot in the Green500 list for its exceptional … Read the full press release