PayPal Ventures Invests in Formance

PayPal Ventures Invests in Formance

News – Jan 29, 2025 – Formance, the Open Source financial infrastructure provider, today announced the successful close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This milestone comes on the heels of a 10x increase in Formance’s revenue over the past 12 months. Founded in 2021 by Clément Salaün, … Continue reading PayPal Ventures Invests in Formance

IMPACT Community Capital

IMPACT Community Capital Names Michael Lohmeier as President

Lohmeier to oversee day-to-day operations while continuing to drive investment strategy as CIO. Press Release – January 29, 2025 – SAN FRANCISCO – IMPACT Community Capital (“IMPACT”), an affordable housing debt investment manager, is pleased to announce the promotion of Michael Lohmeier to President. Lohmeier will continue to lead the firm’s investment strategy as CIO, while taking on the day-to-day operational management of IMPACT and its … Continue reading IMPACT Community Capital Names Michael Lohmeier as President

Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power

Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power

Round includes new investors, Lightspeed Venture Partners, SoftBank Vision Fund 2, and existing investors Press Release – January 28, 2025 – EVERETT, Wash. – Helion, a fusion energy company, today announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology. The oversubscribed and upsized round had participation from new investors, including Lightspeed Venture … Continue reading Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power

Climate Journalism

More than $6 Million in Support of Climate Journalism

Press Release – January 28, 2025 Grants support the growing field of climate journalism as part of MacArthur’s Climate Solutions legacy commitment. The MacArthur Foundation today announced more than $6 million in grants to support the growing field of climate journalism in the United States. This funding for independent newsrooms and organizations that support environmental journalism will help inform the public about the complexities of … Continue reading More than $6 Million in Support of Climate Journalism

Tatasteel

Tata Steel becomes India’s first steel company to demonstrate end-to-end capabilities to develop steel pipes for transportation of hydrogen

Press Release – Mumbai, January 29, 2025 ~ Company successfully developed hydrogen-compliant API X65 grade steel pipes, contributing to the National Green Hydrogen Mission of India ~ Tata Steel becomes India’s first steel company to demonstrate end-to-end capabilities to develop pipes for the transportation of hydrogen, marking a significant milestone towards achieving the country’s National Hydrogen Mission. The API X65 ERW pipes processed at Tata … Continue reading Tata Steel becomes India’s first steel company to demonstrate end-to-end capabilities to develop steel pipes for transportation of hydrogen

blaize

Blaize Poised to Lead the Physical AI Revolution

News Release – EL DORADO HILLS, Calif. – Jan. 28, 2025– Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge-optimized solutions, today unveiled its bold vision for transforming real-world applications through advanced AI model efficiency and edge-based solutions. “As the AI industry shifts from traditional data center processing to more agile and scalable physical world AI applications, Blaize is well-positioned to introduce groundbreaking innovations … Continue reading Blaize Poised to Lead the Physical AI Revolution

Capgemini

71% of consumers want generative AI integrated into their shopping experiences

Press Release – Paris, January 9, 2025 – Generative AI (Gen AI) is transforming shopping, with 71% of consumers wanting it to be integrated into their purchasing experiences. The preference of Gen Z and Millennials, for hyper-personalization and seamless digital experiences is mainly driving this trend. This is according to the fourth edition of Capgemini Research Institute’s annual consumer trends report, ‘What Matters to Today’s … Continue reading 71% of consumers want generative AI integrated into their shopping experiences

NTT DATA

NTT DATA Launches Smart AI Agent™ to Accelerate Generative AI Adoption and Drive $2 Billion in Revenue by 2027

Press Release – TOKYO – January 28, 2025 – NTT DATA, a global digital business and IT services leader, today announced the international launch of its next-generation Smart AI AgentTM. This advanced AI tool is a cornerstone of the company’s strategy to accelerate the adoption of Generative AI, with an estimated $2 billion in revenue that we aim to achieve from Smart AI AgentTM-related business by 2027. The … Continue reading NTT DATA Launches Smart AI Agent™ to Accelerate Generative AI Adoption and Drive $2 Billion in Revenue by 2027

DeepSeek

Will China’s DeepSeek Disrupt America’s Plans for AI Dominance?

Impact Newswire – 03/02/2025 – As the world accelerates into a new era defined by artificial intelligence, the race for supremacy in this transformative technology has become a focal point of global competition. In this landscape, China’s DeepSeek—a new player in the AI domain—has emerged as a serious contender capable of potentially shaking up America’s ambitions for AI dominance in 2025. With the tech sector … Continue reading Will China’s DeepSeek Disrupt America’s Plans for AI Dominance?