ITRS

ITRS Appoints Ryan Terpstra as CEO

Terpstra brings deep expertise across AI and enterprise software, and extensive experience in scaling technology businesses Press Release – November 04, 2024 – LONDON – ITRS, the leading provider of real-time IT monitoring and observability solutions, today announces the appointment of Ryan Terpstra as CEO. Terpstra succeeds Guy Warren, who has decided to step down from executive roles to spend more time with his family, after … Continue reading ITRS Appoints Ryan Terpstra as CEO

Siemens

Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering

Press Release – October 30, 2024 – Munich, Germany Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024, the … Continue reading Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering

hp

HP Equips Partners for the AI Era with New Amplify AI Program

Accelerates partner ability to drive customer AI adoption with innovative tools Press Release – October 30, 2024 News Highlights PALO ALTO, October 30, 2024 – Today HP Inc. (NYSE: HPQ) announced a new HP Amplify program for partners, HP Amplify AI. HP Amplify AI is a customizable program designed to boost partner capabilities in achieving positive AI outcomes offering AI guidance, tools, resources, training, and certification. … Continue reading HP Equips Partners for the AI Era with New Amplify AI Program

Securiti

Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

Powered by a knowledge graph with deep contextual information about data and controls from diverse data systems and apps, Gencore AI accelerates enterprise-grade generative AI development Press Release – October 29, 2024 – SAN JOSE, Calif. – Securiti, the pioneer in data security, privacy, governance and compliance, today announced the release of Gencore AI, a first of its kind holistic solution to easily and quickly build … Continue reading Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

Junee Limited

Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia 

Press Release – Oct 29, 2024 SINGAPORE, Oct. 29, 2024 – Junee Limited (NASDAQ: JUNE) (the “Company”), today announced its strategic focus on developing and operating artificial intelligence (AI) computing centers. To support this initiative, the Company plans to raise up to US$40 million through a financing round, with the funds earmarked for the establishment of an AI supercomputing center in Australia and to bolster its working capital. The planned financing … Continue reading Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia 

Cisco

Cisco Unveils Plug-and-Play AI Solutions, Accelerating AI Adoption for the Enterprise

Press Release – Oct 29, 2024 New solutions with NVIDIA are highly adaptive and scalable for the evolving AI demands of enterprises CISCO PARTNER SUMMIT, LOS ANGELES, October 29, 2024 — Today, Cisco (NASDAQ: CSCO) announced new additions to its data center infrastructure portfolio: an AI server family purpose-built for GPU-intensive AI workloads with NVIDIA accelerated computing, and AI PODs to simplify and de-risk AI infrastructure … Continue reading Cisco Unveils Plug-and-Play AI Solutions, Accelerating AI Adoption for the Enterprise

Abbyy

ABBYY Unveils New Innovative Capabilities for Purpose-Built AI

Newest AI capabilities accelerate business outcomes for document-specific processes Press Release – October 30, 2024 AUSTIN, Texas – ABBYY today previewed a suite of new innovative capabilities for purpose-built AI that empower businesses to simplify success and accelerate ROI in their automation initiatives. These include Phoenix, a multi-modal approach to zero-shot learning leveraging small language models andpurpose-built for document tasks, a Secure Large Language Model (LLM) Gateway, and enterprise-ready … Continue reading ABBYY Unveils New Innovative Capabilities for Purpose-Built AI

PAGAYA TECHNOLOGIES

Pagaya Completes Acquisition of Theorem Technology, Inc.

On a combined basis, the company now has access to more than $3 billion of fund capital to support strong investor demand October 28, 2024 – NEW YORK – Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the completion of its acquisition of Theorem Technology, Inc. (“Theorem”), a machine-learning underwriting … Continue reading Pagaya Completes Acquisition of Theorem Technology, Inc.