IBM to Acquire DataStax, Deepening watsonx Capabilities and Addressing Generative AI Data Needs for the Enterprise

Planned acquisition furthers IBM’s commitment to open-source innovation; helps clients access untapped, unstructured enterprise data to maximize the impact of generative AI ARMONK, N.Y., Feb. 25, 2025 /PRNewswire/ — IBM (NYSE: IBM) today is announcing its intent to acquire DataStax, an AI and data solution provider. DataStax’s technology will enhance IBM’s watsonx portfolio of products accelerating the use of generative AI, helping companies unlock value from vast amounts … Continue reading IBM to Acquire DataStax, Deepening watsonx Capabilities and Addressing Generative AI Data Needs for the Enterprise

Impact Newswire27/02/202527/02/2025

Africa, Global

Interview with Futurist Alex Tsado: Why African Leaders Have it Wrong About AI’s Transformative Power

Industrial nations are competing for the lead on policy making, adoption and proprietors of Artificial intelligence solutions. The vibrations at the UAE at Ai Everything and France’s Ai Action Summit were reaching new heights. While much of the global conversation on AI is centered around weaponisation and cyberattacks, many have taken a quiet lead on technological innovation especially in the US and in Asia. Lagging … Continue reading Interview with Futurist Alex Tsado: Why African Leaders Have it Wrong About AI’s Transformative Power

Impact Newswire27/02/202527/02/2025

Global

Nvidia CEO: AI’s Next Leap Will Demand 100 Times More Computing Power

Nvidia CEO Jensen Huang says the next wave of artificial intelligence will require 100 times more computing power than previous models, driven by advances in reasoning-based AI that processes information step by step to determine the best possible answer. “The amount of computation necessary to do that reasoning process is 100 times more than what we used to do,” Huang told CNBC’s Jon Fortt in … Continue reading Nvidia CEO: AI’s Next Leap Will Demand 100 Times More Computing Power

Faustine Ngila27/02/202527/02/2025

(From left to right) Amine Chouki, Taoufik El Jamali, and Omar AlShoubaki, the co-founders of Journify.io. Image by Journify (Photo: AETOSWire)

United States

Journify Raises $4M to Define the Future of AI-Powered, Privacy-First Data Activation

Press Release – February 24, 2025 – SAN FRANCISCO & DUBAI, United Arab Emirates – Journify, a global provider of Conversion API (CAPI) and Composable Customer Data Platform (CCDP), has secured $4 million in funding. The round was led by global VC firm Silicon Badia, with participation from RZM and other strategic investors. This investment fuels Journify’s mission to empower brands with ethical, data-driven marketing … Continue reading Journify Raises $4M to Define the Future of AI-Powered, Privacy-First Data Activation

Impact Newswire25/02/202525/02/2025

Global

Variational AI Announces Oversubscribed $5.5 Million Financing to Launch Foundation Model for Small Molecule Drug Discovery

New funding to fuel market expansion of compute efficient foundation model for biopharmaceutical companies Press Release – February 20, 2025 – VANCOUVER, British Columbia – Variational AI, the company behind Enki™, an advanced foundation model for small molecule drug discovery, today announced the completion of its oversubscribed $US5.5 million Seed extension round. Enki™ empowers biopharmaceutical chemistry teams to efficiently discover and optimize novel hits and … Continue reading Variational AI Announces Oversubscribed $5.5 Million Financing to Launch Foundation Model for Small Molecule Drug Discovery

Impact Newswire25/02/202525/02/2025