Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

Makes AI Easier to Build and Faster to Scale for Developers and Enterprise Teams Paris, France – June 11, 2025 – Nscale and Lightning AI today announced a strategic partnership bringing together intuitive AI development tools and scalable cloud infrastructure to launch a new enterprise-grade AI Studio designed to streamline the entire generative AI lifecycle from idea to production.‍ The Nscale Lightning AI Studio will be a unified platform that covers the … Continue reading Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

Impact Newswire11/06/202511/06/2025Leave a comment

Global

Tech Tsunami Is Near: Are You Ready to Ride or Get Swept Away?

If you think technology is moving fast now, just wait a little longer. Over the past two years, we’ve witnessed an unprecedented acceleration in technological advancements, especially with artificial intelligence (AI). Just a short while ago, the term “artificial intelligence” was largely unknown to the general public. Fast forward to today, and AI is not only writing emails but also generating movies, handling customer service … Continue reading Tech Tsunami Is Near: Are You Ready to Ride or Get Swept Away?

Mohd Hassan11/06/202511/06/2025

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

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

Ali Din, CEO of Premier NX. Photo/ Courtesy

Global

AI Without the Hype: Premier NX CEO Ali Din’s Human-Centered Blueprint for the Future of AI

For decades, artificial intelligence has promised to make our lives easier. Now, with the rise of AI automation—systems that can take initiative, make decisions, and perform multi-step tasks with minimal human input—that promise is finally becoming a reality. Unlike earlier forms of automation, which required repetitive instructions or simple rule-based logic, today’s AI automation operates with a new level of sophistication. It doesn’t just react; … Continue reading AI Without the Hype: Premier NX CEO Ali Din’s Human-Centered Blueprint for the Future of AI

Joyce Bitutu30/05/202530/05/2025

Siemens to bring advanced timing constraint capabilities to EDA design flow with Excellicon acquisition

Europe

Siemens Digital Industries Software to acquire Excellicon

Siemens to bring advanced timing constraint capabilities to EDA design flow with Excellicon acquisition Acquisition enables System-on-a-Chip (SoC) designers to accelerate design closure and enhance functional and structural constraint correctness with industry-proven timing constraints management May 19, 2025 – Siemens Digital Industries Software announced today that it has entered into an agreement to acquire Excellicon. This will bring Excellicon’s best-in-class software for the development, verification, … Continue reading Siemens Digital Industries Software to acquire Excellicon

Impact Newswire22/05/202522/05/2025