AI

NEWS DESK

IFS Attracts EUR 15 billion Valuation as Demand for Industrial AI Soars

PR News Desk 10/04/2025

IFS, a leading provider of cloud enterprise software and Industrial AI applications, announces it has achieved a valuation of over EUR 15 billion following a significant pivot to AI-driven growth. The valuation comes as Hg increases its stake to become a co-control shareholder alongside EQT,

NEWS DESK

IBM z17: The First Mainframe Fully Engineered for the AI Age

PR News Desk 09/04/2025

IBM (NYSE: IBM) today announced the IBM z17, the next generation of the company’s iconic mainframe, fully engineered with AI capabilities across hardware, software, and systems operations. Powered by the new IBM Telum®  II processor, IBM z17 expands the system’s capabilities beyond transactional AI capabilities to enable new workloads. IBM Z is built to redefine […]

NEWS DESK

HITEK AI unveils AI-powered Predictive Maintenance and Anomaly Detection System

PR News Desk 09/04/2025

Middle East-based HITEK AI, a part of the Farnek group of companies, has launched its latest innovative solution, the Predictive Maintenance and Anomaly Detection System, which is now available within its CAFMTEK platform. This AI-driven tool is designed to empower facilities managers, engineers and maintenance professionals, by enhancing the operational efficiency and

Events Tech UAE

World AI Technology Expo UAE 2025 set to debut this May

News Desk 09/04/2025

A global hub for AI innovation The World AI Technology Expo UAE 2025 is set to be the most significant and comprehensive event of its kind in the world, bringing together artificial intelligence (AI) professionals, industry leaders, and start-ups from around the globe. Scheduled to take place from May 14-15, at the Mövenpick Grand Al […]

NEWS DESK

Riverbed Unveils Next-Generation AIOps, Adding Predictive, Agentic and Generative AI to the Riverbed Platform  

PR News Desk 08/04/2025

Riverbed, the leader in AIOps for observability, today announced a major expansion of the Riverbed Platform—delivering a bold set of AI-powered observability solutions that bring together Riverbed Generative, Predictive and Agentic AI, along with innovative data observability modules for unified communications applications, network packets and Intel® Thunderbolt™ and Wi-Fi

NEWS DESK

NIQ Signs Definitive Agreement to Acquire Gastrograph AI Further Enhancing CPG Innovation Through AI-Driven Data, Platforms, and Capabilities

PR News Desk 08/04/2025

NielsenIQ (NIQ), a leader in consumer intelligence, today announced it has reached an agreement to acquire Gastrograph AI, a market leading discovery and inquiry platform for sensory insights. The acquisition further strengthens NIQ’s AI capabilities and competitive differentiation to provide CPG companies with the Full View™ of consumer behavior. Gastrograph AI supports

NEWS DESK

Procore’s Future State of Construction Report Reveals How AI, Automation, and Workforce Shifts are Shaping the Industry

PR News Desk 07/04/2025

Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today released its first ever Future State of Construction Report, offering a data-driven look at the key trends and challenges shaping the construction industry across the next decade. The inaugural report pairs extensive research and expert analysis from leading

NEWS DESK

Vertiv announces OCP-Compliant High-Density, Scalable IT Rack DC Power Shelf Solution for AI and HPC Applications Globally 

PR News Desk 04/04/2025

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the launch of the Vertiv™ PowerDirect Rack, a 1U high-density 50V DC power system shelf designed to bring resilience to even the most demanding AI and high-performance computing (HPC) environments. This modular system scales up to 132kW per rack by […]

Events

India’s waqf policy shift: How AI can drive transparency and growth in waqf management

News Desk 03/04/2025

With the Indian Waqf (Amendment) Bill, 2024, still under discussion in India, there is an increasing focus on how the proposed regulatory changes could impact the management of waqf properties nationwide. While the bill is still under scrutiny, one thing remains clear: if the legislation is passed, the governance of waqf properties must evolve, with […]

NEWS DESK

Kinaxis Partners With Databricks to Accelerate AI-Powered Supply Chain Orchestration

PR News Desk 02/04/2025

Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, and Databricks, the data and AI company, today announced a partnership to set a new standard for intelligent supply chain decision-making. By combining Kinaxis Maestro™, the only AI-native platform purpose-built for end-to-end supply chain orchestration, with the scalability and governance

NEWS DESK

GE HealthCare and FPT Expand Strategic Partnership to Drive AI-Powered Healthcare Innovation

PR News Desk 02/04/2025

Global IT firm FPT and GE HealthCare announced a Strategic Cooperation Agreement, expanding their commercial alliance to advance product strategy and development, and establish an FPT Competency Center in Vietnam. This deepening collaboration reflects a strategic shift from project-based engagement to a long-term alliance aimed at accelerating the adoption of AI-driven

NEWS DESK

VeriSilicon Launches ISP9000: The Next-Generation AI-Embedded ISP for Intelligent Vision Applications

PR News Desk 02/04/2025

VeriSilicon (688521.SH) today unveiled its ISP9000 series Image Signal Processing (ISP) IP, a next-generation AI-embedded ISP solution designed to address the evolving demands of intelligent vision applications. Built on a flexible AI-optimized architecture, ISP9000 delivers exceptional image quality, low-latency multi-sensor management, and seamless AI integration, making

NEWS DESK

VeriSilicon Introduces AcuityPercept: an AI-Powered Automatic ISP Tuning System

PR News Desk 01/04/2025

VeriSilicon (688521.SH) today announced AcuityPercept, its AI-based automatic Image Signal Processing (ISP) tuning system, designed to intelligently optimize image processing parameters for enhanced object recognition. AcuityPercept improves the accuracy and efficiency of AI perception systems by dynamically optimizing ISP parameters through automated tuning processes. It

NEWS DESK

Hisense Unveils Latest AI-Driven Innovations at AWE 2025, Pioneering a New Era of Smart Living

PR News Desk 27/03/2025

Hisense, a leading global consumer electronics brand showcased innovations at the Appliance & Electronics World Expo 2025 (AWE 2025), held from 20 to 23 March 2025 in Shanghai. Under the theme “AI Your Life,” the company showcased its latest AI-powered products, pushing the boundaries of home appliance technology. With a focus on enhancing user experience,

Education Tech

OpenAI launches NextGenAI consortium to boost research and education with AI

Arnold Pinto 27/03/2025

With $50 million commitment OpenAI has launched NextGenAI, a pioneering consortium bringing together 15 leading research institutions across the United States and the United Kingdom to accelerate research breakthroughs and transform education through the power of artificial intelligence (AI). The initiative marks a significant step in OpenAI’s commitment to shaping

NEWS DESK

Paramount to address AI cybersecurity challenges at Gartner Security and Risk Management Summit

PR News Desk 26/03/2025

Paramount, a trusted cybersecurity solutions provider in the Middle East, will participate in the Gartner Security and Risk Management Summit as a premier partner to highlight the evolving landscape of artificial intelligence (AI) security and share actionable strategies to navigate the complexities of AI adoption. During the event, the company will present the ‘Paramount

NEWS DESK

Amazon Web Services’ global tour of pop-up collaborative spaces and immersive AI experiences set for Dubai debut

PR News Desk 26/03/2025

The UAE’s dominance as the Middle East and North Africa’s largest hub for startup funding and tech investment will receive another injection of AI-powered transformation when a global tour of pop-up collaborative spaces and immersive AI experiences lands in Dubai next month. The AWS GenAI Loft Dubai in partnership with Dubai AI Campus and Nvidia […]

NEWS DESK

Bynder Launches AI Agents, Pioneering the Next Generation of AI-Powered DAM

PR News Desk 26/03/2025

Bynder, a global leader in AI-powered enterprise DAM has announced its AI Agents, a suite of new AI innovations that will execute business-critical tasks such as content enrichment, discovery, transformation, and governance, paving the way for the next evolution of strategic DAM deployments. Following the success of Bynder’s AI Search, which now has more than 750

NEWS DESK

Checkout.com surpasses $10 billion in revenue unlocked for enterprise merchants using AI-powered boost

PR News Desk 24/03/2025

Checkout.com, a leading global digital payments company, has announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, has generated over $10 billion in additional merchant revenue. Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent

NEWS DESK

IFS Takes the Lead in AI Governance

PR News Desk 21/03/2025

IFS, the leading enterprise cloud and Industrial AI software provider, has been appointed as an Advisory Board Member of the UK’s All-Party Parliamentary Group (APPG) on AI, a key platform shaping AI policy and governance at the highest levels. This advisory role positions IFS at the center of AI policy discussions in Westminster and beyond, […]