Tag Archives: AI

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release

Syngenta Expands Biologicals R&D with Key Acquisition and New Production Facility in the U.S.

(IN BRIEF) Syngenta has acquired Novartis’ natural products and genetic strains assets to enhance its biologicals research capabilities and support the agricultural sector’s transition to sustainability. This acquisition complements the opening of a state-of-the-art biologicals production facility in South Carolina … Read the full press release

Thales Launches cortAIx in the UK to Drive Trusted AI Innovation for Defence and Security

(IN BRIEF) Thales has launched its cortAIx initiative in the UK, a significant move in advancing trusted AI for defence and security. The new centre, which will employ 200 AI and data specialists, aligns with the UK Government’s vision for … Read the full press release

Telefónica to Showcase Groundbreaking Innovations and Human-Centered Technology at MWC 2025

(IN BRIEF) At MWC 2025, Telefónica will present its most groundbreaking technological solutions, including use cases in quantum computing, AI, IoT, and 5G connectivity. The company will highlight its human-centered vision through innovative demos, virtual experiences, and a series of … Read the full press release

Diavantis Secures EFRO Subsidy for Groundbreaking Diabetes App Development

(IN BRIEF) Diavantis, a Dutch company focused on supporting individuals with type 2 diabetes, has been awarded an EFRO grant to develop an innovative app aimed at guiding patients toward a medication-free life. The project, which leverages AI and IoT … Read the full press release

Telefónica Enhances Prosegur’s Workplace Experience with AI Integration for 24,000 Employees

(IN BRIEF) Telefónica and Prosegur have partnered to incorporate GenIA, a generative AI assistant, into Prosegur’s Smart Workplace All in One solution. This integration will provide 24,000 employees across the Iberian Peninsula and Latin America with a powerful tool to … Read the full press release

BT Expands Global Fabric Network Across Equinix Data Centres to Drive Digital Connectivity for Businesses

(IN BRIEF) BT and Equinix have announced a significant expansion of their partnership, aimed at transforming digital interconnectivity for multinational businesses. BT’s AI-ready Global Fabric platform, a network-as-a-service (NaaS) solution, is now available in more than 30 Equinix data centres … Read the full press release

Bristol Researchers Receive £300,000 to Develop Artificial Muscles for Enhanced Robotic Dexterity

(IN BRIEF) The University of Bristol has secured £300,000 in funding as part of a £1.5 million project focused on advancing artificial muscles for robots. This funding will contribute to developing dexterous robotic manipulation systems that could revolutionize industries facing … Read the full press release

Wolters Kluwer February 2025 Economic Survey Highlights Fed Rate Expectations and Tariff Impacts on Inflation

(IN BRIEF) Wolters Kluwer’s February 2025 Blue Chip Economic Indicators survey shows that most economists do not expect a rate cut by the Federal Reserve in March, with only 10% predicting it. A majority, 80%, foresee tariff hikes driving U.S. … Read the full press release

UAE-France High-Level Business Council Strengthens Economic Cooperation at Third Meeting

(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release

Experian and ValidMind Forge Partnership to Revolutionize Model Risk Management for Financial Institutions

(IN BRIEF) Experian and ValidMind have partnered to provide an integrated solution aimed at transforming model risk management for financial institutions. The solution combines the power of Experian’s Ascend Platform with ValidMind’s model governance and documentation automation tools to help … Read the full press release

DPG Media Partners with EIB for €120 Million Loan to Drive Digital Transformation

(IN BRIEF) DPG Media Group has secured a €120 million loan from the European Investment Bank (EIB) as part of its ongoing digital transformation, which involves investing €392 million in the period 2024-2026. The loan will help accelerate the company’s … Read the full press release

Amadix Secures €15 Million Loan from EIB to Expand Early Cancer Detection Solutions Across Europe and the U.S.

(IN BRIEF) Amadix, a Spanish biotech company focused on non-invasive blood tests for early cancer detection, has secured a €15 million loan from the European Investment Bank (EIB). This funding, backed by InvestEU, will support Amadix in advancing its blood … Read the full press release

Nokia Appoints Justin Hotard as New CEO, Succeeding Pekka Lundmark in Strategic Leadership Shift

(IN BRIEF) Nokia has announced a leadership change with Justin Hotard set to succeed Pekka Lundmark as the new President and CEO, starting April 1, 2025. Hotard, with over 25 years of experience in technology, is expected to drive Nokia’s … Read the full press release

VINCI Highways Expands Innovative Predictive Maintenance System to Patras Bypass Tunnels

(IN BRIEF) VINCI Highways, along with its Greek partners Avax, Aktor, and GEK Terna, has introduced its innovative predictive maintenance system to four tunnels on the Patras Bypass as part of a broader initiative to implement this technology across the … Read the full press release

Capgemini and Peugeot Sport Renew Partnership to Enhance Hypercar Performance and Drive Decarbonization Efforts

(IN BRIEF) Capgemini has renewed its partnership with Peugeot Sport to continue the development of the 9X8 Hypercar for the FIA World Endurance Championship (FIA WEC), focusing on leveraging AI technologies to enhance performance and reduce Peugeot Sport’s carbon footprint. … Read the full press release

Nokia Bell Labs Celebrates 100 Years of Innovation and Looks Toward a Future Shaped by Technology

(IN BRIEF) Nokia Bell Labs celebrates its 100th anniversary in 2025, marking a century of groundbreaking innovations such as the transistor, solar cell, and laser that laid the foundation for the digital era. The lab’s contributions to various fields including … Read the full press release

TUM Launches Cybersecurity Program with Google.org Support to Train the Next Generation of Digital Defenders

(IN BRIEF) The Technical University of Munich (TUM) has launched a new Cybersecurity Program to train over 200 students in the essential field of cybersecurity. Supported by up to 1 million USD from Google.org, the program aims to help students … Read the full press release

BMW Group Expands Quantum Computing Research to Drive Innovation in Automotive Design and Manufacturing

(IN BRIEF) BMW Group is expanding its quantum computing efforts, having already initiated research into this advanced technology since 2017. Quantum computing has the potential to significantly impact materials science, engineering, and logistics, and is expected to play a key … Read the full press release

University of Copenhagen Study Reveals AI’s Complex Impact on Freelance Job Demand Following ChatGPT Launch

(IN BRIEF) A new study published in the Journal for Economic Behaviour and Organization explores the changing landscape of freelance job demand following the release of ChatGPT in late 2022. The study found that job categories like copywriting, translation, and … Read the full press release