Category Archives: Artificial Intelligence (AI)

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

Merck Outlines Resilience and Growth Strategy, Targets Fiscal 2024 for Sales Uptick

(IN BRIEF) Merck, a leading science and technology company, has announced its expectation to return to organic sales growth in fiscal 2024. This was revealed during the company’s Capital Markets Day. Despite challenging market conditions in its Life Science and … Read the full press release

Servier and Owkin Join Forces to Harness AI for Targeted Therapies in Disease Treatment

(IN BRIEF) Servier, a global pharmaceutical group, has partnered with Owkin, a biotech company specializing in AI-driven drug discovery and diagnostics, to accelerate the development of better-targeted therapies in various disease areas, including oncology. The collaboration aims to leverage AI … Read the full press release

TU Delft and JetBrains Collaborate to Establish AI for Software Engineering Lab (AI4SE)

(IN BRIEF) TU Delft and JetBrains have joined forces to establish the AI for Software Engineering Lab (AI4SE), focusing on the intersection of artificial intelligence (AI) and software development. This collaboration aims to explore how AI technologies can enhance the … Read the full press release

Intesa Sanpaolo Pioneers AI for Regulatory Analysis in European Banking

(IN BRIEF) Intesa Sanpaolo is taking significant steps in adopting innovative artificial intelligence solutions as part of its digital transformation program outlined in the 2022-2025 Business Plan, led by CEO Carlo Messina. The Chief Institutional Affairs and External Communication Officer … Read the full press release

University of Twente Embraces AI in Education with Hackathon and Magazine Launch

(IN BRIEF) The University of Twente (UT) is reaffirming its commitment to harnessing AI’s potential in education through a high-profile AI in education Hackathon and the publication of a groundbreaking magazine on AI in education. UT aims to demonstrate the … Read the full press release

University of Exeter-Led Team Wins Prize for AI-Driven Global Antibiotic Resistance Harmonization

(IN BRIEF) A team led by Professor Robert Beardmore at the University of Exeter has won an Innovation Award at the Vivli Antimicrobial Resistance (AMR) Data Challenge for their work in harmonizing thresholds for antibiotic resistance using artificial intelligence (AI). … Read the full press release

Bosch Power Tools to Acquire 50% Stake in FerRobotics for Contact-Sensitive Automation

(IN BRIEF) Bosch Power Tools plans to purchase around 50% of FerRobotics Compliant Robot Technology GmbH, a global leader in contact-sensitive automation. The deal, signed on September 29, 2023, aims to expand Bosch Power Tools’ presence in the accessories market … Read the full press release

Fifth Annual “German AI Award” Recognizes Excellence in Artificial Intelligence

(IN BRIEF) The fifth annual “German AI Award” was presented in Berlin by WELT to honor outstanding achievements in the field of artificial intelligence (AI). The award ceremony included the AI Innovation Award, the AI User Award, and the AI … Read the full press release

Merck Forms AI-Driven Drug Discovery Collaborations with BenevolentAI and Exscientia

(IN BRIEF) Merck, a prominent science and technology company, has announced strategic drug discovery collaborations with AI technology firms BenevolentAI and Exscientia. These partnerships aim to leverage AI-driven design and discovery capabilities to advance research efforts in key therapeutic areas, … Read the full press release

Continental Eyes Growth in Radar Sensors and Autonomous Mobility Under Dr. Ismail Dagli’s Leadership

(IN BRIEF) Dr. Ismail Dagli will take over leadership of Continental’s Autonomous Mobility business area, starting on October 1. He succeeds Frank Petznick, who will leave the company at the end of September. Dr. Dagli previously led Continental’s Smart Mobility … Read the full press release

NatWest Group Expands Collaboration with AWS to Harness AI for Financial Wellbeing

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest Group has announced an expanded collaboration with Amazon Web Services (AWS) to accelerate the use of artificial intelligence (AI), including AWS’s generative AI solutions, to help 10 million people manage their financial wellbeing by the end of … Read the full press release

EY Unveils EY.ai: A Game-Changing Platform Blending Human Expertise and AI for Business Transformation

(IN BRIEF) The global EY organization has launched a groundbreaking platform called EY.ai, which combines human expertise and artificial intelligence to help clients transform their businesses responsibly through AI adoption. EY.ai is supported by substantial investments and integrates AI into … Read the full press release

Innovative Optical Packaging Technology Revolutionizes Data Centers and AI Hardware with Support from Heraeus and aiXscale Photonics

(IN BRIEF) RWTH Aachen University’s Chair of Integrated Photonics has pioneered an innovative packaging technology for optical data links in collaboration with aiXscale Photonics. This technology enables the co-packaging of optical and electrical systems on a wafer scale, leading to … Read the full press release

DNV Grants Design Verification for Avikus and Hyundai’s AI-Based ‘HiNAS Control’ Navigation System, Gaining Industry Approval

(IN BRIEF) At Gastech 2023, DNV has granted a design verification report (DVR) for the AI-based autonomous navigation system “HiNAS Control,” a joint project by Avikus and HD Hyundai Heavy Industries. Liberian International Ship and Corporate Registry (LISCR) has also … Read the full press release

Trust in AI Essential for Advancing Energy Transition, DNV Report Finds

(IN BRIEF) A DNV report highlights that trust in artificial intelligence (AI) is a crucial factor in its effective use for accelerating the energy transition. While AI is being utilized in the energy sector, companies remain cautious due to new … Read the full press release

Continental and Google Cloud Partner to Integrate Generative AI into Vehicle Computers for Enhanced Driver Interaction

(IN BRIEF) Continental has partnered with Google Cloud to integrate generative Artificial Intelligence (AI) capabilities into vehicle computers, enabling an intuitive and natural interaction between drivers and their cars. This collaboration represents Continental’s effort to bring AI to the vehicle … Read the full press release

University of East Anglia and GeoAcoustics Develop AI-Enhanced Seabed Mapping System for Real-Time Data Accuracy

(IN BRIEF) A collaboration between the University of East Anglia’s (UEA) School of Computing Sciences and GeoAcoustics Ltd has led to the development of an AI-driven solution for real-time seabed mapping. Traditional sonar-based seabed mapping generates extensive data, requiring manual … Read the full press release

Ericsson, AWS, and Hitachi Demonstrate 5G and AI’s Impact on Manufacturing Efficiency

(IN BRIEF) Technology giants Ericsson, Amazon Web Services (AWS), and Hitachi America R&D have collaborated to showcase the transformative potential of existing 5G, artificial intelligence (AI), and automation solutions in manufacturing. A private 5G infrastructure trial was conducted at Hitachi … Read the full press release

Avangrid Launches Data Science Team to Enhance Grid Reliability through Proprietary AI Systems

(IN BRIEF) Iberdrola’s subsidiary Avangrid has established a Data Science and Analytics team to develop proprietary AI systems aimed at enhancing grid reliability and customer service quality. The team comprises seven data scientists, engineers, and analysts, creating three distinct AI … Read the full press release

Ghanaian Professor Jerry John Kponyo Explores Ethical AI and Afrocentric Datasets in Global Discourse Series

(IN BRIEF) Professor Jerry John Kponyo from Kwame Nkrumah University of Science and Technology (KNUST) in Ghana delves into the concept of responsible AI as part of the “One Topic, One Loop” global discourse series. He highlights the significance of … Read the full press release