Tag Archives: AI Transformation

Otto Group Announces Leadership Transition with Benjamin Otto Assuming Strategic Responsibility from Michael Otto

(IN BRIEF) Benjamin Otto will assume primary responsibility for the Otto Group on 1 March, becoming Chair of both the Foundation Board and the Shareholders’ Council and taking charge of the company’s strategic direction. The leadership transition marks the conclusion … Read the full press release

Knorr-Bremse Partners with AWS to Accelerate AI Driven Transformation of Manufacturing Operations

(IN BRIEF) Knorr-Bremse is advancing a comprehensive AI transformation through a strategic partnership with Amazon Web Services, integrating cloud infrastructure and advanced AI technologies into its operations. The initiative aims to modernize development processes, enable autonomous industrial solutions and cultivate … Read the full press release

Prosus Deepens Collaboration with AWS to Drive AI Innovation Across Its Global Portfolio

(IN BRIEF) Prosus has signed a three-year Global Partnership Agreement with Amazon Web Services to accelerate AI adoption across its portfolio companies in Latin America, Europe, and India, enabling businesses such as iFood, OLX, PayU, Despegar, eMag, and Just Eat … Read the full press release

BBVA Leads Banking Sector in Early Integration of OpenAI’s GPT-5 to Transform Operations

(IN BRIEF) BBVA has become one of the first banks in the world to adopt OpenAI’s GPT-5, a next-generation language model offering major advances in reasoning, contextual understanding, and technical problem-solving. Highlighted by OpenAI during the model’s global launch, BBVA … Read the full press release

NatWest Taps AI Pioneer Maja Pantic to Lead Next-Gen Research and Simplification Drive

(IN BRIEF) NatWest has named Dr. Maja Pantic as its first Chief AI Research Officer to spearhead the bank’s AI-driven transformation and simplification strategy. Dr. Pantic, formerly Professor of Affective & Behavioural Computing at Imperial College London and a leader … 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