Tag Archives: AI

NextGen Initiative: Advancing Cardiovascular Healthcare Through AI-Personalized Therapies

(IN BRIEF) The NextGen project, funded by the EU’s Horizon Europe program with €7.6 million, has commenced in Utrecht, the Netherlands. Led by a 21-member consortium including the European Society of Cardiology, the project aims to personalize therapies for patients … Read the full press release

Volkswagen’s AI Lab: Fueling the Future of Connected Vehicles

(IN BRIEF) Volkswagen Group is spearheading the integration of artificial intelligence (AI) in its vehicles to offer customers enhanced digital experiences. The company has unveiled the “AI Lab,” a global hub for innovation that will identify AI-based product ideas, collaborate … Read the full press release

EY Partners with Reveal to Revolutionize Legal Tech and Data Discovery

(IN BRIEF) EY has teamed up with Reveal to enhance its eDiscovery and data analytics services. This partnership combines Reveal’s eDiscovery and Document Analytics platform with EY’s domain expertise to offer clients faster and more cost-effective solutions for managing litigation … Read the full press release

EDF Pulse Ventures Backs Spotr’s €4.5 Million Funding for Property Data Revolution

(IN BRIEF) Spotr, a Dutch AI-powered property data platform, has secured €4.5 million in funding from EDF Pulse Ventures and existing investors to advance its mission of creating a vast image-driven property database. This funding will help Spotr address critical … Read the full press release

Executives Discuss Software Supremacy and AI’s Transformative Power at World Economic Forum

(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release

Saint-Gobain Expands Digital Solutions Portfolio with Glass Service Acquisition

(IN BRIEF) Saint-Gobain, a global leader in sustainable building materials, is set to acquire Glass Service a.s., a provider of digital solutions for glass furnaces. This acquisition will enhance Saint-Gobain’s digital services by incorporating advanced control systems and simulation software … Read the full press release

Škoda Auto to Elevate In-Vehicle Experience with AI-Based ChatGPT Integration in Laura Voice Assistant

(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release

Orange Business Fortifies Position as Digital Integrator with Expertime Deal

(IN BRIEF) Orange Business has acquired Expertime, a Microsoft technology solutions specialist, to bolster its digital services and strengthen its position as a leading network and digital services integrator in Europe. Expertime’s expertise in Microsoft technologies, especially in public cloud, … Read the full press release

TU/e Researchers Achieve Breakthrough in Early Esophageal Cancer Detection Using AI

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) have made a significant breakthrough in the early detection of esophageal cancer through the use of artificial intelligence (AI). Over a decade of research led by Fons van der Sommen has … Read the full press release

Indosuez Wealth Management Reveals Investment Outlook for 2024: A Year Full of Opportunities

(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release

UK-Based Redkite Joins Accenture to Enhance Data-Driven Intelligence

(IN BRIEF) Accenture has acquired Redkite, a UK-based data consultancy with expertise in data-driven intelligence and AI. The acquisition, aligned with Accenture’s strategic plan, expands the company’s data capabilities and enhances its ability to provide modern data platforms that utilize … Read the full press release

Cobot Revolution: Mecalux and Siemens Pioneer Collaborative Warehouse Automation

(IN BRIEF) Mecalux, a global provider of warehouse solutions, and Siemens have partnered to enhance industrial automation technologies. They have introduced a pioneering solution, utilizing artificial intelligence, to optimize warehouse picking tasks. The solution, based on Siemens’ Xcelerator platform, leverages … Read the full press release

Infineon Launches TDA388xx Regulator Family for Enhanced Power System Efficiency and Compactness

(IN BRIEF) Infineon Technologies AG has introduced the TDA388xx family of buck regulators, targeting a range of modern power system applications such as servers, AI, datacom, telecom, and storage markets. These regulators come in 12 A and 20 A variants … Read the full press release

Bosch Implements Generative AI for Rapid Scaling of AI Solutions in Manufacturing

(IN BRIEF) Bosch, a global technology leader, is piloting generative AI and foundation models in its manufacturing plants. These technologies create synthetic images to develop and scale AI solutions for optical inspection and optimize existing AI models. The aim is … Read the full press release

Secure Cloud Expansion: T-Systems and Google Cloud Offer Disconnected Hosting in Germany

(IN BRIEF) T-Systems is partnering with Google Cloud to offer Google Distributed Cloud Hosted (GDC Hosted) in Germany, catering to customers with strict data sovereignty needs. GDC Hosted is a disconnected cloud solution, operating on physically isolated servers to ensure … Read the full press release

SAS Viya Implementation Empowers Shawbrook Bank’s Data Analytics Transformation

(IN BRIEF) Shawbrook Bank, a UK-based financial institution, has partnered with SAS to enhance its analytical capabilities and customer service. By implementing SAS Viya on Microsoft Azure, Shawbrook aims to improve data handling, model customer performance, and reduce risk. The … Read the full press release

Webuild Group’s Growth and Innovation Drive Focus on Workplace Safety and Sustainability

(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release

Hailo Technologies’ AI Processors to Power Schneider Electric’s Industrial Automation Innovations

(IN BRIEF) Schneider Electric is partnering with Hailo Technologies, an AI chipmaker, to incorporate Hailo’s advanced processors into Schneider Electric’s industrial automation solutions. This collaboration aims to enhance industrial automation performance, with key benefits including six times faster object detection, … Read the full press release

Siemens Envisions a Future of Effortless Machine Vision Integration Through Strategic Partnerships

(IN BRIEF) Siemens has entered into two significant partnerships with leading companies in machine vision and industrial image processing, Basler AG and MVTec Software GmbH. These collaborations aim to simplify the integration of machine vision applications into existing automation technology, … Read the full press release