IRCAI and Zindi announce winning solutions of the AI for Equity Challenge in collaboration with AWS

In a vast collaborative effort involving several key organisations and hundreds of AI engineers around the world, the winners of the challenge have developed innovative AI solutions to aid climate disaster relief efforts and manage waterborne disease outbreaks equitably. LISBON, 6 June 2025 – The International Research Centre on Artificial Intelligence (IRCAI), an organization under the auspices of UNESCO, data science platform Zindi, and the … Continue reading IRCAI and Zindi announce winning solutions of the AI for Equity Challenge in collaboration with AWS

Impact Newswire06/06/202506/06/2025

Europe

Bulgaria meets criteria to join the euro area on 1 January 2026

Press Release – Jun 4, 2025 – Brussels – Today, the European Commission concluded that Bulgaria is ready to adopt the euro as of 1 January 2026 – a key milestone that would make it the twenty-first Member State to join the euro area. This assessment is set out in the 2025 Convergence Report, prepared at the request of the Bulgarian authorities and marks a critical … Continue reading Bulgaria meets criteria to join the euro area on 1 January 2026

Impact Newswire05/06/202505/06/2025

Global

GK Software becomes a Fujitsu company

Fujitsu Limited today announced the successful completion of the acquisition of GK Software, which is now a wholly owned subsidiary of the Fujitsu Group. Press Release – Kawasaki, Japan, May 27, 2025 – Fujitsu Limited With the transaction now complete, a new and exciting chapter begins. GK, which currently serves more than a quarter of the world’s top 50 retailers across 60 countries, has strong … Continue reading GK Software becomes a Fujitsu company

Impact Newswire04/06/202504/06/2025

Europe

Human Development progress slows to a 35-year low according to UN Development Programme report

Sixty percent of people hopeful Artificial Intelligence will create new job opportunities Press Release – Brussels, 6 May 2025 — Human development progress is experiencing an unprecedented slowdown according to a new report released today by the United Nations Development Programme (UNDP). The report shows how Artificial Intelligence (AI) could reignite development. Instead of seeing sustained recovery following the period of exceptional crises of 2020-2021, the … Continue reading Human Development progress slows to a 35-year low according to UN Development Programme report

Impact Newswire03/06/202503/06/2025

Europe

Hamburg Declaration on Responsible Artificial Intelligence (AI) for the Sustainable Development Goals (SDGs)

Hamburg, 2 June 2025 — At the Hamburg Sustainability Conference (HSC), global leaders from the public sector, business, science, and civil society have jointly endorsed the Hamburg Declaration on Responsible AI for the Sustainable Development Goals. The landmark initiative – the first global declaration focused specifically on AI in international development – outlines shared principles and commitments to promote the equitable, inclusive, and sustainable development and … Continue reading Hamburg Declaration on Responsible Artificial Intelligence (AI) for the Sustainable Development Goals (SDGs)

Impact Newswire03/06/202503/06/2025

Africa

Africa’s First Multilingual Small Language Model Gets Even Smaller – Thanks to Top African Innovators

Johannesburg, South Africa – 03 June, 2025 – Africa’s first multilingual Small Language Model (SLM), InkubaLM, has just achieved a 75% reduction in size, without losing performance, thanks to the brilliance of African AI talent. This milestone marks a leap forward in accessible, efficient AI for low-resource environments across the continent. The breakthrough came through the Buzuzu-Mavi Challenge, hosted by Lelapa AI in partnership with … Continue reading Africa’s First Multilingual Small Language Model Gets Even Smaller – Thanks to Top African Innovators

Impact Newswire03/06/202503/06/2025

United States

Salesforce Signs Definitive Agreement to Acquire Informatica

Press Release – SAN FRANCISCO/REDWOOD CITY, CA — May 27, 2025 — Salesforce (NYSE: CRM), the world’s #1 AI CRM, and Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A … Continue reading Salesforce Signs Definitive Agreement to Acquire Informatica

Impact Newswire30/05/202530/05/2025

United States

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Press Release – SAN FRANCISCO – May 29, 2025 – Grammarly, the trusted AI assistant for communication and productivity, today announced the closing of $1 billion in financing from General Catalyst. This underscores General Catalyst’s longtime commitment to Grammarly, which has evolved into an AI productivity platform for apps and agents following the acquisition of Coda in January 2025. Grammarly will use the go-to-market investment from General … Continue reading Grammarly Announces $1 Billion Growth Financing With General Catalyst

Impact Newswire30/05/202530/05/2025

United States

Biogen and City Therapeutics Announce Strategic Research Collaboration to Develop Select Novel RNAi-based Therapies

Collaboration leverages City Therapeutics’ next-generation RNAi engineering technologies and Biogen’s extensive drug development expertise CAMBRIDGE, Mass., May 27, 2025 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) and City Therapeutics, Inc., a privately held biopharmaceutical company leading the future of RNA interference (RNAi)-based medicine, today announced a strategic collaboration to develop select novel RNAi therapies. Through the collaboration, City Therapeutics will leverage its next-generation RNAi engineering … Continue reading Biogen and City Therapeutics Announce Strategic Research Collaboration to Develop Select Novel RNAi-based Therapies

Impact Newswire30/05/202530/05/2025