Category Archives: Artificial Intelligence (AI)

Artificial Intelligence (AI) Press Releases & News distributed via EuropaWire

Continental and trinamiX Earn CES Innovation Award for Advanced Driver Monitoring Display

(IN BRIEF) Continental, in partnership with trinamiX, has won a CES Innovation Award for its Invisible Biometrics Sensing Display, which integrates advanced driver and passenger monitoring technologies invisibly behind an OLED screen. The display features 3D distance mapping for optimized … Read the full press release

Prudential Unveils AI Lab in Singapore to Drive Innovation and AI Adoption

(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release

Deutsche Telekom Introduces Magenta AI for Effortless, AI-Powered Information Discovery

(IN BRIEF) Deutsche Telekom has launched Magenta AI within its MeinMagenta app, offering users an AI-powered solution for real-time, direct answers to complex questions. Developed in partnership with Perplexity, this feature not only provides responses but also curates articles in … Read the full press release

Accenture and ETS Unite to Tackle Global Skills Gap with AI-Driven Talent Management Solution

(IN BRIEF) Accenture and ETS are partnering to launch an innovative talent management solution designed to bridge the global skills gap by integrating ETS’s AI-driven measurement tools, such as Futurenav™, with Accenture’s LearnVantage platform. This end-to-end system will enable organizations … Read the full press release

Atos Unveils Sovereign AI Platform: Revolutionizing On-Premises AI with Data Privacy and Sovereignty

(IN BRIEF) Atos has launched the Sovereign AI Platform, an advanced solution for public and private organizations to develop and maintain AI and generative AI (GenAI) models on-premises, ensuring data sovereignty, privacy, and low latency. Built on Dell Technologies’ GenAI … Read the full press release

Eviden Unveils BXI v3: Advanced Networking Solution to Boost AI and HPC Performance Across Europe

(IN BRIEF) Eviden, part of the Atos Group, has introduced the third generation of its BullSequana eXascale Interconnect (BXI v3), an advanced networking solution designed to tackle performance challenges in AI and high-performance computing (HPC). Developed with the French CEA, … Read the full press release

New AI Factory from Telenor Group Accelerates AI Transformation in Nordic Industries, Welcomes Hive Autonomy as First Partner

(IN BRIEF) Telenor Group has launched its AI Factory, an initiative backed by a 100 million NOK investment to support AI-driven transformations in various industries. Powered by NVIDIA’s AI platform, the AI Factory aims to accelerate AI adoption in the … Read the full press release

ASML Projects Strong Revenue Growth by 2030, Driven by EUV Technology and Expanding AI Applications

(IN BRIEF) ASML Holding N.V., during its 2024 Investor Day, outlined an optimistic long-term outlook, projecting potential revenue growth to reach between €44 billion and €60 billion by 2030, driven by advancements in EUV lithography and expanding AI applications in … Read the full press release

ALLPLAN Unveils Innovative Construction Solutions at BAU 2025, Pushing the Boundaries of AI and Sustainability

(IN BRIEF) ALLPLAN’s participation in BAU 2025 will highlight its innovative tools designed to drive efficiency, sustainability, and precision in the construction industry. From AI-powered solutions to cutting-edge digital tools for existing buildings and structural design, ALLPLAN continues to lead … Read the full press release

Infineon Unveils OptiMOS 5 Linear FET 2 MOSFET, Boosting Performance and Efficiency in AI and Telecom Applications

(IN BRIEF) Infineon’s new OptiMOS 5 Linear FET 2 MOSFET enhances safe hot-swap operations in AI servers and telecom with improved SOA, reduced gate leakage, and greater design flexibility. The new device offers increased performance, efficiency, and reliability, driving innovations … Read the full press release

Maritime Sector Embraces Cyber Risk for Innovation as DNV Calls for Enhanced Security Collaboration

(IN BRIEF) A new report by DNV reveals that a majority of maritime professionals (61%) are willing to accept greater cyber risks to enable innovation and digital transformation. With growing reliance on technologies like AI, IoT, and satellite communications, cyber … Read the full press release

AI Collaboration Between GFT and NVIDIA Aims to Transform Banking and Manufacturing with Custom Solutions

(IN BRIEF) GFT Technologies has partnered with NVIDIA to introduce advanced AI solutions to the financial services and manufacturing industries. This collaboration will use NVIDIA’s AI software and computing tools along with GFT’s industry expertise to develop applications like digital … Read the full press release

Siemens’ Industrial Copilot Brings AI-Powered Efficiency to Engineering and Manufacturing, Welcoming thyssenkrupp Automation Engineering as a Global Partner

(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release

Kayana Solutions and Accenture Collaborate to Launch Digital Factory for Accelerated Innovation in the Philippines

(IN BRIEF) Kayana Solutions Inc. has partnered with Accenture to create a digital factory aimed at boosting digital product development for the MVP Group. The collaboration seeks to deliver personalized experiences for Filipino consumers and businesses by combining Accenture’s expertise … Read the full press release

Vodafone Foundation Launches ‘Me, Myself & AI’ to Empower Youth with AI Knowledge Across Europe

(IN BRIEF) The Vodafone Foundation has introduced “Me, Myself & AI,” a campaign across Europe aimed at educating young people about Artificial Intelligence (AI). Through a series of 60 social media videos and interactive content on platforms like TikTok and … Read the full press release

European Research Collaboration by Merck and Intel Pioneers AI-Driven Sustainability in Semiconductor Manufacturing

(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release

Syngenta and Maersk Strengthen Partnership to Advance Sustainable Supply Chain Innovation

(IN BRIEF) Syngenta Crop Protection and Maersk have renewed their fourth-party logistics (4PL) partnership for five more years, focusing on sustainable, optimized supply chain solutions. This extension builds on their joint commitment to reducing greenhouse gas emissions, with both companies … Read the full press release

Standard Chartered and Ant International Achieve 24/7 Liquidity Transfers via Blockchain-Powered Whale Platform

(IN BRIEF) Standard Chartered and Ant International have completed SGD-denominated liquidity transfers using Ant’s blockchain-powered Whale platform, advancing real-time, 24/7 treasury management. The platform uses blockchain and AI to enhance fund transfer efficiency, transparency, and security for Ant’s global treasury … Read the full press release

Infineon Unveils High-Performance AURIX TC4Dx Microcontroller for Next-Gen Software-Defined Vehicles

(IN BRIEF) Infineon Technologies has introduced the AURIX™ TC4Dx, the first in its new line of AURIX TC4x microcontrollers, engineered on 28nm technology to enhance performance, connectivity, and cybersecurity for software-defined vehicles. Featuring a multi-core architecture and integrated AI capabilities, … Read the full press release

NWO and Stichting Big Chemistry Launch €2.8 Million Funding Initiative for AI-Driven Chemical Research

(IN BRIEF) The Netherlands Organization for Scientific Research (NWO), in partnership with Stichting Big Chemistry, has launched a funding initiative to support proof-of-concept studies that utilize artificial intelligence (AI) for predicting the physical and chemical properties of complex molecular systems. … Read the full press release

EBRD Champions AI Innovation in E-Commerce with €6 Million Investment in Estonian Firm Miros

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release

Report Highlights Rising Cybersecurity Challenges and Calls for AI-Driven Solutions in Threat Detection

(IN BRIEF) The 2024 State of Network Threat Detection report by Cybersecurity Insiders and Enea reveals that alert fatigue, encrypted attack masking, and limited cloud visibility are worsening challenges in cybersecurity. Poor alert accuracy is the top issue, with 61% … Read the full press release

Thales Debuts AI-Driven Pathmaster Solution for Enhanced Maritime Mine Detection and Safety

(IN BRIEF) Thales unveiled its AI-powered Pathmaster solution at the Euronaval exhibition, showcasing a system designed to improve maritime mine detection and neutralization through advanced sonar data analysis. With the Mi-Map application, Pathmaster processes sonar data up to four times … Read the full press release

Thales Unveils CoastShield: AI-Powered System for Enhanced Coastal Surveillance and Security

(IN BRIEF) Thales has launched CoastShield, a scalable coastal surveillance system that uses AI and a range of integrated sensors to provide real-time monitoring of maritime activities up to 100 nautical miles. CoastShield combines data from radar, drones, and satellite … Read the full press release

Ericsson Unveils 5G Advanced Suite to Boost Network Efficiency and Enable New CSP Services

(IN BRIEF) Ericsson has launched a suite of seven 5G Advanced software products designed to empower communications service providers (CSPs) with high-performing programmable networks. These products leverage AI-driven automation, intent-based functionality, and service-aware RAN to optimize network performance, improve user … Read the full press release

Accenture and 1910 Genetics Unite to Revolutionize Drug Discovery with AI-Driven Solutions

(IN BRIEF) Accenture has invested in 1910 Genetics, a biotech firm leveraging AI-driven lab automation to enhance drug discovery for small and large molecule therapies. This partnership aims to provide biopharma clients with a powerful AI platform, streamlining the drug … Read the full press release

Nagarro Acquires UK-Based FWD View to Boost Data Transformation Solutions for Financial Services

(IN BRIEF) Nagarro has acquired FWD View Limited, a UK-based specialist in data transformation and visualization for financial services, to strengthen its position in the UK financial sector. This acquisition adds approximately 50 experts to Nagarro’s team and expands its … Read the full press release

Siemens and CELUS Unite to Transform PCB Design for Engineers and SMBs with AI Automation

(IN BRIEF) Siemens Digital Industries Software has partnered with CELUS to bring AI-driven automation to PCB design, providing an accessible, cost-effective solution for small and medium-sized businesses (SMBs) and independent engineers. This collaboration combines Siemens’ advanced PCB design technology with … Read the full press release

DNB and Ericsson Win Top Award for AI-Driven Solution, Enhancing Malaysia’s 5G Network Efficiency and Resilience

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson have received the FutureNet Asia 2024 Award for their AI-powered intent-based operations (IBO) solution in Malaysia’s 5G network, recognized for advancing intelligent network management and resilience. This IBO solution leverages AI to … Read the full press release

Accenture Expands AI and SAP Capabilities with Acquisition of Camelot Management Consultants

(IN BRIEF) Accenture has completed its acquisition of Camelot Management Consultants, a German firm specializing in SAP, supply chain, and data analytics consulting. This acquisition, first announced in July, enhances Accenture’s SAP and AI-driven supply chain capabilities, allowing it to … Read the full press release

Infineon to Highlight Decarbonization and Digitalization Solutions at electronica 2024

(IN BRIEF) At the electronica 2024 trade show in Munich, Infineon Technologies will present its latest semiconductor solutions that drive decarbonization and digitalization, focusing on clean mobility, smart living spaces, and AI applications. Key highlights include the world’s first 300 … Read the full press release

Eviden Leads European Initiative to Enhance Cybersecurity with CYDERCO Project

(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release

Capgemini Launches AI-Powered ‘Augmented Engineering’ Solutions to Revolutionize R&D and Product Development

(IN BRIEF) Capgemini has introduced “augmented engineering,” a suite of Gen AI-powered solutions designed to enhance R&D and product development for various industries. These new offerings include tools to speed up scientific discovery, improve product engineering, streamline technical support, and … Read the full press release

ZEISS Summit in Berlin Showcases AI and Automation Innovations for the Future of Manufacturing

(IN BRIEF) ZEISS hosted its first-ever “Quality Innovation Summit” in Berlin, bringing together 2,000 industry leaders, experts, and innovators to discuss advancements in metrology, AI, automation, and digitalization. Over three days, participants engaged in panel discussions, explored cutting-edge technologies in … Read the full press release

Siemens and ServiceNow Team Up to Boost Industrial Security and AI-Driven Automation on the Factory Floor

(IN BRIEF) Siemens and ServiceNow have partnered to enhance shopfloor operations by integrating AI-powered automation and improving industrial cybersecurity. This collaboration, announced at the ServiceNow World Forum in Munich, merges Siemens’ Sinec Security Guard for vulnerability management with ServiceNow’s workflow … Read the full press release

Software AG Study Finds Half of Employees Use Shadow AI, Urging Businesses to Strengthen AI Strategies

(IN BRIEF) A new study by Software AG reveals that 50% of employees are using Shadow AI—personal AI tools not provided by their companies—with 46% unwilling to stop using them even if banned. With 75% of knowledge workers already utilizing … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Global Finance Leaders Show Optimism, Emphasizing Innovation and Adaptation in SIX Future of Finance Study

(IN BRIEF) The SIX Annual Future of Finance Study reveals that 53% of global financial executives are optimistic about economic improvement in the coming year, though many recognize the need for strategic adjustments to harness growth opportunities. Key growth drivers … Read the full press release

GSK and Cambridge University Join Forces with £50 Million Investment to Tackle Kidney and Respiratory Diseases Using AI

(IN BRIEF) GSK and the University of Cambridge have announced a £50 million, five-year collaboration called the Cambridge-GSK Translational Immunology Collaboration (CG-TIC) to accelerate research and development in kidney and respiratory diseases. The initiative combines GSK’s expertise in immunology and … Read the full press release

Imperva Warns of Surge in AI-Driven Cyberattacks Targeting Retailers Ahead of Holiday Shopping Season

(IN BRIEF) Imperva, a cybersecurity leader, warns that cybercriminals are increasingly using AI tools and Large Language Models (LLMs) to launch sophisticated attacks on eCommerce platforms ahead of the holiday shopping season. These AI-driven threats include business logic abuse, DDoS … Read the full press release