Category Archives: Artificial Intelligence (AI)

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

Nokia and TM Collaborate to Enhance Malaysia’s Optical Network, Driving AI and Hyperscaler Connectivity

(IN BRIEF) Nokia has partnered with TM (Telekom Malaysia) to enhance its international optical network using advanced DWDM technology. This upgrade will support the growing demand for high-speed, low-latency connectivity driven by hyperscalers and cloud-based services. The new network will … Read the full press release

Vodafone’s NG-SOS App Achieves 4 Million Downloads, Revolutionizing Emergency Response Across Europe

(IN BRIEF) Vodafone Foundation’s NG-SOS app has reached a milestone of over 4 million downloads and has facilitated 200,000 emergency calls across Europe. The app, available in the Czech Republic, Hungary, Slovakia, and Austria, connects users directly to emergency services, … Read the full press release

ProTecBird and Rheinmetall’s AI-Driven System Safeguards Red Kites Near Wind Turbines

(IN BRIEF) ProTecBird, a German AI technology company, in collaboration with Rheinmetall Electronics GmbH, has successfully demonstrated the effectiveness of their AVES Wind anti-collision system, designed to protect red kites and other protected bird species around wind turbines. The system … Read the full press release

Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release

EY and Databricks Earn Top Financial Services Partner Award for Second Year Running

(IN BRIEF) The EY-Databricks Alliance has been recognized for the second consecutive year as the 2024 Databricks Financial Services Partner of the Year. This award highlights the partnership’s success in delivering innovative data, analytics, and AI solutions to the financial … Read the full press release

IKEA Revolutionizes Warehouse Operations with AI-Powered Drones

(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release

Wolters Kluwer’s CCH Tagetik Platform Maintains Leadership in Supply Chain Planning with Advanced AI Innovations

(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

DLG Enhances Global Trade Fair Accessibility with Deutsche Telekom’s AI-Powered Translation and Transcription Tool

(IN BRIEF) DLG (German Agricultural Society) has implemented Deutsche Telekom’s “transcribbyAI” to provide real-time transcription and translation in over 100 languages at its international trade fairs. This AI-driven tool enhances accessibility, particularly for participants with hearing impairments, and reduces costs … Read the full press release

Experian Bolsters Fraud Prevention with Acquisition of Behavioral Analytics Leader NeuroID

(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release

Generative AI Enhances Ask Archie Chatbot for More Efficient Employee Support

(IN BRIEF) We have introduced Generative AI to our Ask Archie chatbot, improving how it answers employee HR queries by delivering more targeted responses and providing easier access to relevant information. This upgrade enables human agents to focus on more … Read the full press release

Wolters Kluwer Launches AI-Enhanced OneSumX Reg Manager to Streamline Regulatory Compliance for U.S. Insurers

(IN BRIEF) Wolters Kluwer Compliance Solutions has launched the AI-powered OneSumX® Reg Manager to help small to medium-sized U.S. insurance carriers manage regulatory changes more effectively. Part of the OneSumX portfolio, this new tool provides automated tracking of regulatory updates, … Read the full press release

Nagarro Named Leader in 2024 Life Sciences Digital Services by Everest Group, Strengthening Its Position in Digital Transformation

(IN BRIEF) Nagarro has been recognized as a Leader in the Everest Group’s 2024 Life Sciences Digital Services for Mid-market Enterprises PEAK Matrix® Assessment. This recognition highlights Nagarro’s innovation, client-centric approach, and significant investments in advanced technologies such as AI/ML … Read the full press release

BBVA Expands AI Factory to Mexico and Türkiye, Doubling Workforce to Drive Global AI Innovation

(IN BRIEF) BBVA’s AI Factory has expanded to Mexico and Türkiye, doubling its workforce to over 400 AI experts. This expansion aims to accelerate the development of AI solutions to improve customer experiences and optimize internal processes. The AI Factory … Read the full press release

Kapsch TrafficCom Expands Inclusive AI Initiative to Chile, Leveraging Unique Skills for Competitive Advantage

(IN BRIEF) Kapsch TrafficCom is expanding its AI annotation initiative to Chile, building on a successful program in Vienna, Austria, where individuals with autism are employed to train AI systems for traffic management. The Chilean team will join the global … Read the full press release

Philips and Isala Hospital Extend Partnership to Boost Healthcare Innovation and Sustainability

(IN BRIEF) Philips and Isala Hospital have renewed their strategic partnership to enhance healthcare delivery through advanced technology, focusing on radiology and cardiology. The collaboration, which began in 2012, will continue for five years with an option to extend. The … Read the full press release

IMEON ENERGY Debuts on Euronext Access+, Plans Global Expansion with AI-Driven Solar Solutions

(IN BRIEF) IMEON ENERGY, a pioneer in AI-driven energy solutions, has successfully listed on Euronext Access+ with a market capitalization of approximately €11.6 million. The company, known for its innovative solar energy self-production and storage solutions, aims to use this … Read the full press release

Ricoh Recognized as Print Security Leader in Quocirca’s 2024 Report for Global Services and Cybersecurity Expertise

(IN BRIEF) Ricoh has been named a leader in Quocirca’s Print Security Landscape 2024 report, highlighting its commitment to advancing print security in the face of hybrid work and AI challenges. The recognition is based on Ricoh’s global reach, comprehensive … Read the full press release

Adventure Lists on Euronext Growth Milan, Raising €4 Million in IPO

(IN BRIEF) Adventure, a digital communications company specializing in price comparison for utilities and insurance, has successfully listed on Euronext Growth Milan, raising €4 million and achieving a market capitalisation of €14 million. This marks the 15th listing on Euronext … Read the full press release

S&P Global and Accenture Partner to Advance Generative AI in Financial Services

(IN BRIEF) S&P Global and Accenture have partnered to advance generative AI in the financial services industry. This includes launching a comprehensive AI learning program for S&P Global’s workforce and enhancing AI development and benchmarking solutions. The collaboration aims to … Read the full press release