Africa, Global, Impact Newswire Exclusive

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

Faustine Ngila27/02/202510/04/2025

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

United States

MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

News Release – February 24, 2025 MongoDB to integrate Voyage AI’s industry-leading embedding and reranking models, delivering highly accurate and relevant information retrieval to power sophisticated AI use cases NEW YORK, Feb. 24, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB), the leading database for modern applications, today announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI’s technology … Continue reading MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

Impact Newswire26/02/202526/02/2025

(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

Europe, Middle East

Ashish Puri Believes AI Can Reshape Economies but Only If Costs Come Down

Dubai – Ashish (Ash) Puri has spent two decades investing in technology, so he has seen it all. And only a few innovations excite him as much as AI’s potential to reshape the world. In this interview, he explains why Deepseek is a game-changer, how emerging economies can overcome AI’s biggest barriers, and why AI could soon become as commonplace as the smartphone. He also … Continue reading Ashish Puri Believes AI Can Reshape Economies but Only If Costs Come Down

Impact Newswire20/02/202506/05/2025

Europe, Global

New Coalition aims to put Artificial Intelligence on a more sustainable path

Press Release – Paris, 11 February 2025 – Over 100 partners, including 37 tech companies, eleven countries and five international organizations, have joined forces under the Coalition for Environmentally Sustainable Artificial Intelligence (AI), aiming to ramp up global momentum to place AI on a more environmentally sustainable path. Spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU), the Coalition brings together stakeholders across the AI … Continue reading New Coalition aims to put Artificial Intelligence on a more sustainable path

Impact Newswire19/02/202519/02/2025

United States

Lambda Raises $480M to Expand AI Cloud Platform

New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat Press Release – February 19, 2025 – SAN JOSE, Calif. – Lambda, the AI Developer Cloud, today announced it has raised a $480 millionSeries D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW … Continue reading Lambda Raises $480M to Expand AI Cloud Platform

Impact Newswire19/02/202519/02/2025

Concord Technologies Appoints William Cavanaugh as CEO

United States

Concord Technologies Launches Accelerated Document-Processing Platform

Concord Connect™ brings Straight-Through Processing for healthcare documents Press Release – February 17, 2025 – SEATTLE – Concord Technologies (“Concord”), a leading provider of Secure Document Exchange, Intelligent Document Processing, and Interoperability tools for healthcare, has launched Concord Connect™, the essential Straight-Through Processing platform for healthcare to reduce the staff burden and administrative costs of manually processing incoming documents. “Connecting document flow from end to end, … Continue reading Concord Technologies Launches Accelerated Document-Processing Platform

Impact Newswire18/02/202518/02/2025

Asia

FPT Establishes FPT BTP Park to Enhance SAP Business in Japan

Press Release – February 17, 2025 -TOKYO – Global IT corporation FPT, through its Japanese subsidiary, FPT Japan, has recently introduced an initiative called FPT BTP Park, with support from SAP Japan. This strategic project aims to accelerate the growth of the SAP Business Technology Platform (BTP) in Japan, with a vision to expand FPT’s SAP BTP workforce to 1,000 in 2025 and 3,000 by … Continue reading FPT Establishes FPT BTP Park to Enhance SAP Business in Japan

Impact Newswire17/02/202517/02/2025