Author: Impact Newswire

Impact Newswire shares and distributes quality information on transactions that are likely or perceived to create greater impact.
Human Development progress slows to a 35-year low according to UN Development Programme report
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

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

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

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Salesforce Signs Definitive Agreement to Acquire Informatica
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

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Grammarly Announces $1 Billion Growth Financing With General Catalyst
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

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Biogen and City Therapeutics Announce Strategic Research Collaboration
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

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G2 Speech Launches Aida
Europe

G2 Speech Launches Aida

The impactful, conversational and people-centric AI speech solution that delivers efficiencies for healthcare professionals with ease.  Press Release – 21st May 2025– Speech recognition and AI provider, G2 Speech, has announced the launch of Aida – its latest AI innovation. Aida (G2 Speech’s AI Digital Assistant) has been built specifically for medical specialists to enrich clinical reporting by further automating the medical documentation process with unparallelled … Continue reading G2 Speech Launches Aida

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Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research
Europe

Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research

Building on the UK’s new deal with the EU, plans launched to supercharge AI collaboration across Europe. From:Department for Science, Innovation and Technology and Feryal Clark MP Press Release – Published 27 May 2025 Healthcare treatments, clean energy technologies and advanced breakthroughs that could transform lives across the UK are within reach, as the government backs plans for a new AI collaboration with Europe – driving growth and delivering … Continue reading Fresh UK-EU collaboration on AI to unlock new avenues for innovation and research

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WiseTech Global announces strategic acquisition of e2open
Australia, United States

WiseTech Global announces strategic acquisition of e2open

E2open creates strategically significant change in global scale and reach for WiseTech, adding adjacent markets, customer bases, and product capabilities which allow WiseTech to create a global, multi-sided, trade and logistics marketplace News – SYDNEY, Australia – WiseTech Global (ASX:WTC) (“WiseTech”), developer of leading logistics execution software CargoWise, today announced it has entered into a binding agreement to acquire U.S.-based E2open Parent Holdings, Inc. (NYSE:ETWO) (“e2open”), a leading provider … Continue reading WiseTech Global announces strategic acquisition of e2open

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