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

United States

Silver Lake and GIC Complete Acquisition of Zuora

Press Release – 14 Feb, 2025 – REDWOOD CITY, Calif. – February 14, 2025 – Zuora, Inc., a leading monetization platform for modern business, today announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”), for $10.00 per share in cash. With the completion of the acquisition, Zuora’s Class A common … Continue reading Silver Lake and GIC Complete Acquisition of Zuora

Impact Newswire17/02/202517/02/2025

Gurobi Optimization AI Modeling Empowers Users with Accessible Optimization Resources

United States

Gurobi AI Modeling Empowers Users with Accessible Optimization Resources

New resources and AI-powered tools simplify the transition from real-world problems to mathematical models. Press Release – February 13, 2025 – BEAVERTON, Ore. – Gurobi Optimization, LLC, the leader in decision intelligence technology, is pleased to announce the launch of Gurobi AI Modeling, a new set of resources that teaches users how to leverage generative AI technology to build simple optimization models. “AI is helping us … Continue reading Gurobi AI Modeling Empowers Users with Accessible Optimization Resources

Impact Newswire16/02/202518/02/2025