Tag Archives: AI

Standard Chartered and Ant International Achieve 24/7 Liquidity Transfers via Blockchain-Powered Whale Platform

(IN BRIEF) Standard Chartered and Ant International have completed SGD-denominated liquidity transfers using Ant’s blockchain-powered Whale platform, advancing real-time, 24/7 treasury management. The platform uses blockchain and AI to enhance fund transfer efficiency, transparency, and security for Ant’s global treasury … Read the full press release

Ericsson Unveils 5G Advanced Suite to Boost Network Efficiency and Enable New CSP Services

(IN BRIEF) Ericsson has launched a suite of seven 5G Advanced software products designed to empower communications service providers (CSPs) with high-performing programmable networks. These products leverage AI-driven automation, intent-based functionality, and service-aware RAN to optimize network performance, improve user … Read the full press release

Accenture Expands AI and SAP Capabilities with Acquisition of Camelot Management Consultants

(IN BRIEF) Accenture has completed its acquisition of Camelot Management Consultants, a German firm specializing in SAP, supply chain, and data analytics consulting. This acquisition, first announced in July, enhances Accenture’s SAP and AI-driven supply chain capabilities, allowing it to … Read the full press release

ZEISS Summit in Berlin Showcases AI and Automation Innovations for the Future of Manufacturing

(IN BRIEF) ZEISS hosted its first-ever “Quality Innovation Summit” in Berlin, bringing together 2,000 industry leaders, experts, and innovators to discuss advancements in metrology, AI, automation, and digitalization. Over three days, participants engaged in panel discussions, explored cutting-edge technologies in … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Global Finance Leaders Show Optimism, Emphasizing Innovation and Adaptation in SIX Future of Finance Study

(IN BRIEF) The SIX Annual Future of Finance Study reveals that 53% of global financial executives are optimistic about economic improvement in the coming year, though many recognize the need for strategic adjustments to harness growth opportunities. Key growth drivers … Read the full press release

GSK and Cambridge University Join Forces with £50 Million Investment to Tackle Kidney and Respiratory Diseases Using AI

(IN BRIEF) GSK and the University of Cambridge have announced a £50 million, five-year collaboration called the Cambridge-GSK Translational Immunology Collaboration (CG-TIC) to accelerate research and development in kidney and respiratory diseases. The initiative combines GSK’s expertise in immunology and … Read the full press release

OLAF and AFCOS Strengthen Cooperation to Combat Fraud at International Conference

(IN BRIEF) The European Anti-Fraud Office (OLAF) hosted a conference in Brussels with representatives from national Anti-Fraud Coordination Services (AFCOS) across the EU and candidate countries to enhance cooperation in fighting fraud. The event emphasized the need for collective action … Read the full press release

Indra and Barcelona Supercomputing Center Join Forces to Strengthen European Technological Sovereignty with Advanced Dual-Use Technologies

(IN BRIEF) Indra and the Barcelona Supercomputing Center (BSC) have signed an agreement to collaborate on developing dual-use technologies, including supercomputing, AI, and quantum systems, aimed at boosting Spain’s and Europe’s technological sovereignty. This partnership will focus on advancing key … Read the full press release

Ericsson Wins 5G Contract with Chunghwa Telecom to Modernize Network and Boost Energy Efficiency

(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release

Ericsson Expands R&D Focus in India to Boost 5G Innovation with Network APIs and AI

(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release

Nagarro Strengthens Data and AI Leadership with Select Partner Status in Databricks Program

(IN BRIEF) Nagarro has achieved Select Partner status in the Databricks Partner Program, emphasizing its expertise in data-driven innovation and AI-powered transformation. The recognition highlights Nagarro’s ability to help businesses, especially in sectors like manufacturing, retail, and healthcare, harness data … Read the full press release

AI to Revolutionize Pancreatic Cancer Detection: TU/e Researchers Lead the Charge

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) are developing AI-based solutions to improve the detection and treatment of pancreatic cancer, a highly deadly form of cancer. EngD candidate Victoria Bruno and PhD candidate Terese Hellström are collaborating with … Read the full press release

Stellantis Drives Manufacturing Innovation with AI and Sustainable Solutions at Factory Booster Day

(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release

Eviden Secures Multi-Million Euro Contract to Boost Berzelius Supercomputer’s AI Performance at Linkoping University

(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release

Deutsche Telekom Unveils Green AI Principles to Boost Sustainability Efforts

(IN BRIEF) Deutsche Telekom has introduced nine green AI principles aimed at reducing the environmental impact of artificial intelligence while enhancing its benefits. These principles focus on energy efficiency, sustainable coding, and transparent carbon tracking. Already, Deutsche Telekom is using … Read the full press release

Otto Group Becomes First in Europe to Implement Boston Dynamics’ Stretch Robot for Logistics

(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release

Unilever Partners with Accenture to Pioneer New Benchmarks in Generative AI-Driven Efficiency

(IN BRIEF) Unilever and Accenture are enhancing their partnership to set a new benchmark in generative AI-driven productivity. Through a multi-year program, Unilever aims to build on its existing AI applications and leverage Accenture’s GenWizard platform to drive efficiencies, cost … Read the full press release

AI Breakthrough Unveils New Viral Protein Structures, Paving the Way for Enhanced Vaccine Development

(IN BRIEF) Scientists at the MRC-University of Glasgow Centre for Virus Research and the University of Sydney have utilized advanced AI technologies, specifically AlphaFold and ESMFold, to map the protein structures of numerous viruses from the Flaviviridae family, which includes … Read the full press release

Cleareye.ai and Lloyds Bank Forge Groundbreaking Partnership to Modernize Trade Finance with AI

(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release