Artificial Intelligence
KDAN Secures USD4 Million Investment from APAMAN to Drive Market Expansion in Japan and Prepare for IPO
IRVINE, Calif., Dec. 18, 2024 /PRNewswire/ -- KDAN, a leading SaaS provider, today announced a strategic investment ofUSD4 million led by Japanese real estate giant APAMAN Group (Apaman Co., Ltd.)Combined with a recent multi-million-dollar B+ round fromSouth Korea's Hancom Group, this latest inv...
STRADVISION Signs Licensing Agreement with Renesas to Expand Access to Automotive Vision Technology
Enhancing ADAS Capabilities with Market-Ready Vision Technology Software for Software-Defined Vehicles SEOUL, South Korea, Dec. 18, 2024 /PRNewswire/ -- STRADVISION, a trailblazer in AI-based vision perception technology for the automotive industry, is bolstering its automotive vision software o...
Rockwell Automation Earns Frost & Sullivan's 2024 Global Competitive Strategy Leadership Award for Modernizing Smart Water Monitoring
Rockwell Automation (Rockwell) delivers AI-powered water monitoring technologies, enabling water utilities to optimize system efficiency, reduce leaks, and meet sustainability goals through innovative digital solutions. SAN ANTONIO, Dec. 18, 2024 /PRNewswire/ -- Frost & Sullivan recently researc...
Fliption Partners with U.S. Studio to Revolutionize Brand Content Recycling with AI for North American Expansion
* Fliption opens New York office to strengthen collaboration with global e-commerce brands and production studios * Its AI-powered content recycling service saves both time and costs in content creation SEOUL, South Korea, Dec. 18, 2024 /PRNewswire/ -- Fliption Inc. (hereafter Fliption) has t...
WiMi Develops FPGA-Based Digital Quantum Computer Verification Technology
BEIJING, Dec. 18, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that their R&D team has developed a revolutionary technology — FPGA-based digital quantum computer veri...
Lockheed Martin Adds IBM Granite to its Suite of Next-Generation AI Factory Tools
ARMONK, N.Y., Dec. 18, 2024 /PRNewswire/ -- Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of AI-driven innovation. In a new collaboration, IBM's high-performing, enterprise-ready Granite lar...
Altair® RapidMiner® Unlocks Next-Level Capabilities with Advanced AI Agent Framework
Platform empowers users to seamlessly build and deploy advanced AI agents TROY, Mich., Dec. 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced thatAltair® RapidMiner®, its data analytics and artificial intelligence (AI) platform, now empowers ...
Hisense to Showcase Future of Smart Living with "AI Your Life" at CES 2025
QINGDAO, China, Dec. 18, 2024 /PRNewswire/ -- Hisense, a leading brand in
global consumer electronics and home appliances, is set to redefine smarter
living with the debut of its AI ambition powered by a showcase of its latest
innovations at CES 2025.
Samsung invests in Generate: Biomedicines to advance AI-driven protein therapeutics discovery
- Samsung Life Science Fund invests in Generate:Biomedicines, a Flagship Pioneering company leading in AI-enabled protein therapeutics discovery and development - Investment highlights Samsung's dedication to advancing innovation and creating a robust ecosystem for AI-enabled therapeutic develop...
Digital Realty Empowers Turing's Gaggle Cluster with Optimal Data Center Environment to Fast-Track Full Drive Automation by AI
Robust and flexible platform supporting large-scale GPU cluster for AI-driven autonomous vehicles boosts Turing's speed-to-market by 75% SINGAPORE, Dec. 18, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and int...
SK hynix develops 'PS1012 U.2', High Capacity SSD for AI Data Centers
* Development of 61TB product based on QLC technology, strengthening synergy with Solidigm in the AI data center SSD market * Data transfer speed of up to 32GT/s with PCIe 5.0, with doubled sequential read performance compared to PCIe 4.0 products * SK hynix to build a foundation for growth ...
Xiao-I Corporation Forecasts $12-15 Million in New Revenue in 2025 from AI Glasses Driven by Strong Demand and Central Procurement Invitations
ROCKVILLE, Md., Dec. 17, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading artificial intelligence company ("Xiao-I"), today announced significant milestones in expanding its U.S. presence and delivering impactful technology solutions. Breakthrough in U.S. Key Clients' Procuremen...
Ubie Growth in 2024 Driven by Industry Leading Recognition, Collaborations with Patient Advocacy Groups and an Expanded Reach of More Than 4 Million Users
* Strategic investment from Google and acceptance into Mayo Clinic Platform Accelerate program show an increasing understanding of Ubie's value to patients and healthcare * Key platform innovations have led to increased user engagement, with a 30% increase in call to action engagement * Res...
Databricks is Raising $10B Series J Investment at $62B Valuation
Funding led by new investor Thrive Capital Company expects to cross $3B in revenue run rate and achieve positive free cash flow in fourth quarter SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced its Series J funding. The company is raising$10 bill...
Automation Anywhere Secures Leadership in Agentic Process Automation, Posts Fifth Consecutive Quarter of Profitable and YoY Growth
Highest non-GAAP profitable quarter, increasing customer demand driving growth
in AI Agent transactions solidifying its position as #1 Agentic Process
Automation Platform
SAN JOSE, Calif., Dec. 17, 2024 /PRNewswire/ -- Automation Anywhere
Clarifai Launches "AI Sprint" Workshops to Help Organizations Quickly Identify AI Use Cases and Deploy Solutions
WASHINGTON, Dec. 17, 2024 /PRNewswire/ -- Clarifai, a global leader in AI and pioneer of the full-stack AI platform, today announced the launch of its "AI Sprint" workshops to help organizations quickly identify use cases for AI and then solve them within days, even if they lack in-house AI exper...
WiMi Develops a New Design Solution for Simulating Quantum Computing Concepts Using FPGA
BEIJING, Dec. 17, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they announced the development of a new design solution based on FPGA to simulate quantum computin...
aiMotive and Safran collaborate to make ADAS & AD development safer
MOUNTAIN VIEW, Calif., Dec. 17, 2024 /PRNewswire/ -- aiMotive, a leading provider of cutting-edge simulation and AI technologies, has joined forces with Safran Electronics & Defense to advance the testing and validation of automated driving (AD) systems. This collaboration integrates Safran's indu...
Lichen China Limited Prepared To Launch Its AI Large-scale Model Developed With JD Technology
XIAMEN, China, Dec. 17, 2024 /PRNewswire/ -- Lichen China Limited (the "Company" or "Lichen China")(NASDAQ: LICN), a dedicated financial and taxation service provider in China, today announced that the AI large-scale model it has co-developed with JD Technology(JDT) is scheduled to commence its f...
CLL Systems Empowers Digital Innovation at The BrandLaureate DigiTech (Digital & Technology) BestBrands Awards 2024
KUALA LUMPUR, Malaysia, Dec. 17, 2024 /PRNewswire/ -- CLL Systems Sdn Bhd, one ofMalaysia's premier IT solutions providers, proudly received The BrandLaureate DigiTech (Digital & Technology) BestBrands Award 2024, a recognition of the company's unwavering dedication to bridging the gap between te...
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