Tag Archives: AI

TravelPerk Secures $200 Million in Series E Funding to Expand AI-Driven Travel and Expense Management Solutions

(IN BRIEF) TravelPerk, a leader in business travel management software, has secured a $200 million Series E investment co-led by EQT Growth and Atomico, along with participation from other new and existing investors. The funding round, which boosts TravelPerk’s valuation … Read the full press release

Barco ClickShare Survey Reveals IT Leaders Struggling with Sustainability Goals Due to Lack of Support

(IN BRIEF) Barco ClickShare’s recent survey reveals a significant gap between IT leaders’ personal commitment to sustainability and the lack of organizational support to achieve decarbonisation goals. Despite 98% of IT leaders setting sustainability KPIs, challenges such as leadership indifference, … Read the full press release

NatWest Partners with Serene to Tackle Financial Vulnerability with AI-Driven Solutions

(IN BRIEF) NatWest Group has made a minority investment in Serene, an AI platform designed to help detect and address financial vulnerability. The collaboration will enable the bank to enhance its customer support models and provide personalized solutions for individuals … Read the full press release

Samotics Secures €20 Million EIB Financing to Accelerate AI-Driven Energy Efficiency and Reliability Solutions

(IN BRIEF) Samotics, a leading Dutch company in electrical data analytics, has secured €20 million in financing from the European Investment Bank (EIB) to accelerate its research and development on AI-driven technology designed to enhance the reliability and energy efficiency … Read the full press release

University of Groningen Researchers Focus on Sustainable and Collaborative AI Amid US $500 Billion Investment in AI Infrastructure

(IN BRIEF) The US plans a $500 billion investment into AI, including new infrastructure to support the energy demands of AI systems and flexible regulations. In contrast, researchers at the University of Groningen, led by professor Bart Verheij, are developing … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

Thales Leads the Way in Trusted, Ethical AI for Critical Systems and Global Security

(IN BRIEF) Thales, a global leader in defence, aerospace, and cybersecurity, continues to lead AI innovation for critical systems. The company is committed to developing trusted, ethical AI that emphasizes transparency, energy efficiency, and cybersecurity. With cutting-edge AI solutions applied … Read the full press release

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release

BASF and Partners Use AI to Enhance Plastic Recycling Efficiency and Quality

(IN BRIEF) BASF, alongside partners Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena, is leading the SpecReK project to enhance the mechanical recycling of plastics using advanced spectroscopic technology and AI. Funded by the German Federal Ministry of Education … Read the full press release

SGS Acquires CertX to Strengthen Digital Trust Expertise in Cybersecurity, AI, and Functional Safety

(IN BRIEF) SGS has acquired CertX, a cybersecurity, AI, and functional safety certification specialist, to strengthen its Digital Trust services in line with its Strategy 27 goal of generating CHF 200 million in incremental revenue by 2027. Founded in 2018 … Read the full press release

Eviden, Ordo, and ByzGen Launch Pilot Open Banking Platform to Transform Real-Time Payments with AI and Blockchain

(IN BRIEF) Eviden, part of the Atos Group, has partnered with fintech company Ordo and blockchain specialist ByzGen to pilot an innovative open banking platform. The solution enables real-time direct payments, offering a secure and cost-effective alternative to traditional payment … Read the full press release

Nokia and du Revolutionize Connectivity with First 5G Cloud RAN Deployment in Middle East and Africa

(IN BRIEF) Nokia and du have successfully launched the first commercial 5G Standalone Cloud RAN solution in the Middle East and Africa, marking a significant advancement in the UAE’s digital transformation goals. Utilizing Nokia’s flexible anyRAN approach, the deployment integrates … Read the full press release

AFRY Hosts Sahlgrenska Global Health Hackathon in Malmö, Driving Collaborative Healthcare Innovation

(IN BRIEF) AFRY is hosting the Sahlgrenska Global Health Hackathon in Malmö in early February, a collaborative event that brings together innovators, healthcare professionals, and students to address global health challenges. Part of a global initiative organized by Sahlgrenska Science … Read the full press release

Thales Introduces AI-Enhanced Talios Pod for Faster Target Detection on Rafale Jets

(IN BRIEF) Thales has introduced an advanced AI-powered upgrade to its Talios laser designation pod, set to enhance the Rafale fighter jet’s capabilities by enabling faster and more efficient detection of objects of interest during missions. Leveraging deep learning algorithms, … Read the full press release

€19 Million Boost for Dutch Technological Innovations Tackling Global Challenges

(IN BRIEF) Four research consortia have been awarded nearly €19 million through the NWO Perspectief programme to advance technological innovations addressing societal challenges. Supported by funding from the Ministry of Economic Affairs and contributions from 37 partner organizations, these projects … Read the full press release

Nemetschek Group Invests in Document Crunch to Advance AI-Driven Compliance and Risk Management for Construction

(IN BRIEF) The Nemetschek Group has invested in Document Crunch, a technology company specializing in AI-driven document compliance and risk management for the construction industry, as part of a Series B funding round. The investment will help Document Crunch scale … Read the full press release

Eviden Unveils BXI v3: Advanced Networking Solution to Boost AI and HPC Performance Across Europe

(IN BRIEF) Eviden, part of the Atos Group, has introduced the third generation of its BullSequana eXascale Interconnect (BXI v3), an advanced networking solution designed to tackle performance challenges in AI and high-performance computing (HPC). Developed with the French CEA, … Read the full press release

ALLPLAN Unveils Innovative Construction Solutions at BAU 2025, Pushing the Boundaries of AI and Sustainability

(IN BRIEF) ALLPLAN’s participation in BAU 2025 will highlight its innovative tools designed to drive efficiency, sustainability, and precision in the construction industry. From AI-powered solutions to cutting-edge digital tools for existing buildings and structural design, ALLPLAN continues to lead … Read the full press release

Infineon Unveils OptiMOS 5 Linear FET 2 MOSFET, Boosting Performance and Efficiency in AI and Telecom Applications

(IN BRIEF) Infineon’s new OptiMOS 5 Linear FET 2 MOSFET enhances safe hot-swap operations in AI servers and telecom with improved SOA, reduced gate leakage, and greater design flexibility. The new device offers increased performance, efficiency, and reliability, driving innovations … Read the full press release