Category Archives: Artificial Intelligence (AI)

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

New Underwater AI Bot Aims to Protect Ocean Environment and Combat Illegal Fishing

(IN BRIEF) Scientists at the University of Southampton have initiated the development of an underwater artificial intelligence (AI) bot called Aqua, designed to detect activities that pose harm to the ocean environment. The AI system, codenamed MARLIN, received over £700,000 … Read the full press release

SAP Deepens Commitment to AI Innovation through Investments in Leading Generative AI Companies Aleph Alpha, Anthropic, and Cohere

(IN BRIEF) SAP has announced strategic direct investments in three generative AI companies, namely Aleph Alpha GmbH, Anthropic PBC, and Cohere. These investments align with SAP’s open ecosystem approach to AI and complement their $1+ billion commitment to invest in … Read the full press release

GRAHAM Embraces Artificial Intelligence to Transform the Construction Industry

(IN BRIEF) GRAHAM, a leading construction company, is harnessing the power of artificial intelligence (AI) to revolutionize the industry. Recognizing AI’s potential to address challenges like skills shortages and low productivity, GRAHAM has established a dedicated business intelligence team to … Read the full press release

TUM Spin-off Synthesia Attains Unicorn Status, Now Valued At Over $1 billion, Making Video Creation Effortless with AI

Matthias Niessner, TUM professor and co-founder of Synthesia.

(IN BRIEF) Synthesia, a software company founded by Prof. Matthias Niessner, has achieved unicorn status with a valuation exceeding $1 billion. The start-up simplifies video content production through the use of artificial intelligence (AI) avatars, allowing users to create learning … Read the full press release

ESET Joins Forces with DeepMind to Empower Students at Eastern European Summer School of Machine Learning

(IN BRIEF) ESET, a global cybersecurity leader, has partnered with DeepMind, the renowned Google research laboratory for artificial intelligence, to host the Eastern European Summer School of Machine Learning. The event is currently taking place at the Technical University of … Read the full press release

European Parliament Endorses Groundbreaking Rules on AI, Prioritizing Human-Centric Approach

(IN BRIEF) MEPs endorse new rules on Artificial Intelligence, advancing human-centric approach in Europe. The proposed regulations aim to ensure transparency, risk-management, and ethical development of AI systems. MEPs expanded the list of prohibited AI practices, including bans on intrusive … Read the full press release

Volkswagen’s Commitment to Supporting Culture and the Arts Highlighted in Kultursymposium Weimar Partnership

(IN BRIEF) Volkswagen has announced its continued partnership with the Kultursymposium Weimar, a biennial event organized by the Goethe-Institut. The fourth edition of the event will focus on trust in social, cultural, and technological contexts and will feature creative performances, … Read the full press release

Accenture and Cervest collaborate on AI-powered climate intelligence platform

(IN BRIEF) Accenture Ventures Project Spotlight has partnered with Cervest, an AI-powered climate intelligence platform, to offer clients access to historical, current, and predictive climate data. The partnership will enable clients to assess and address asset and portfolio vulnerabilities for … Read the full press release

Salesforce and Accenture Join Forces to Enhance AI-Powered Customer Service Interactions

(IN BRIEF) Salesforce has announced a partnership with Accenture to establish a hub for generative artificial intelligence (AI) to accelerate the deployment of its Einstein GPT AI solution for customer relationship management (CRM). The companies will work together to develop … Read the full press release

Philips’ AI-Powered MRI Magnet Wins MedTech Breakthrough Award

(IN BRIEF) Philips’ BlueSeal MR operations magnet has received the ‘Best New Technology Solution for Radiology’ award at the 7th annual MedTech Breakthrough Awards program. The BlueSeal Magnet is the first and only fully sealed magnet in the industry that … Read the full press release

Smart Reporting’s AI-based Medical Documentation Technology Receives €15M Venture Debt Loan from European Investment Bank to Boost Growth

(IN BRIEF) Smart Reporting, a health-tech start-up based in Munich, has secured a €15 million venture debt loan from the European Investment Bank (EIB) to support its growth phase. The company has developed medical documentation technology based on artificial intelligence … Read the full press release

Voith’s AI-based quality solution earns finalist spot in 2023 Manufacturing Leadership Awards

(IN BRIEF) Voith has been named a finalist for the 2023 Manufacturing Leadership Awards in the category of Artificial Intelligence and Machine Learning. The company submitted a project called “Ensuring High Quality Through Analytics – An AI-Based Predictive Quality Solution … Read the full press release

Siemens and Microsoft demonstrate AI-powered factory automation at Hannover Messe

(IN BRIEF) Siemens and Microsoft are partnering to integrate Siemens’ Teamcenter software with Microsoft’s collaboration platform Teams and Azure AI capabilities. The goal is to enhance cross-functional collaboration and utilize generative AI to drive innovation and efficiency across the design, … Read the full press release

STFC’s Higgs Centre supports AI, robotics and Earth observation firms

(IN BRIEF) The Higgs Centre, part of the Science and Technology Facilities Council (STFC) in Edinburgh, has provided over £10m in investment to start-ups since its opening in 2018, creating over 100 jobs. The Higgs Centre focuses on supporting businesses … Read the full press release

Fraunhofer-Gesellschaft to showcase AI-based healthcare solutions at DMEA 2023

(IN BRIEF) The Fraunhofer-Gesellschaft, a German research organization, is showcasing digital solutions for the healthcare industry at the DMEA 2023 event in Berlin. The organization is working with partners to develop digital solutions for prevention, diagnosis, therapy and rehabilitation of … Read the full press release

The Alan Turing Institute launches new network to connect UK universities in AI and data science

(IN BRIEF) The Alan Turing Institute has launched a new Turing University Network to connect UK universities with an interest in data science and AI. The pilot network includes 36 universities from previous Turing university partners and Turing Network Development … Read the full press release

Santander X Global Challenge Seeks AI Solutions to Address Social Challenges

(IN BRIEF) Banco Santander and Microsoft are partnering with Oxentia Foundation to launch a global challenge aimed at entrepreneurs from 11 countries. The Santander X Global Challenge | The AI Revolution will seek innovative AI solutions to address social challenges. … Read the full press release

Exeter Student Elizabeth Chandler Develops Bias Toolkit for Ethical AI

(IN BRIEF) University of Exeter undergraduate student Elizabeth Chandler, who recently won the Women in Tech Award and Innovate UK’s Young Innovators Award for her AI start-up The Good Robot Company, has had a research paper on ethical AI accepted … Read the full press release

Artificial Intelligence to advance research aimed at improving heart health

(IN BRIEF) The EU-funded DataTools4Heart project is launching the first platform to consolidate real-world cardiology data from millions of people across multiple European countries. The initiative, which will be coordinated by the Artificial Intelligence in Medicine lab at the University … Read the full press release

Werner Rainer, CEO of XSpline comments on the first patient enrolling in the International Clinical Trial for the company’s Non-Invasive Cardiac Resynchronization Therapy

Werner Rainer, CEO of XSpline comments on the first patient enrolling in the International Clinical Trial for the company's Non-Invasive Cardiac Resynchronization Therapy

(IN BRIEF) I am excited to share that XSpline SPA and Ordensklinikum Linz Elisabethinen Hospital have enrolled the first patient in the CRT-DRIVE clinical trial. Our cloud-based XSpline Cloud technology offers non-invasive cardiac panoramic mapping to select individual CRT treatment … Read the full press release