AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. The expansive scale of this growth makes AI an economic priority in every region around the globe. However, new Boston Consulting Group (BCG) research has established that most economies are underprepared for AI-driven disruption. The study, released today, shows that over 70% of the economies studied score below average in...
Global technology corporation FPT and Global ICT leader Ericsson have entered a partnership to accelerate 5G adoption and drive advancements in artificial intelligence (AI) and digital transformation. This collaboration is set to create a foundation for an international partnership to accelerate 5G adoption across enterprises. With 5G’s high-speed data transfer and scalability, essential for processing large volumes of data, FPT and Ericsson will develop and deploy innovative use cases for both consumer and enterprise sectors,...
Palm, the leading identity & compliance platform, today announced the launch of its AI-powered Beneficial Ownership Information (BOI) Filing Assistant, a groundbreaking solution designed to help America’s 33 million small businesses meet the January 1st Corporate Transparency Act deadline. This free tool reduces the BOI filing process from hours to minutes, making critical compliance accessible to every business owner. “By making our AI assistant free and accessible to all, we’re removing the barriers that typically...
The mobile industry’s $140 billion contribution to GDP in 2023 is projected to reach $170 billion by 2030 if key connectivity barriers are addressed. These are insights from the flagship Mobile Economy Sub-Saharan Africa 2024 Report unveiled by GSMA today. Mobile technology is essential in supporting development goals across key sectors like healthcare, education, and finance, driving economic growth by expanding internet access and digital services. As digitalisation accelerates, the report highlights that 4G expansion is set to drive connectivity, projected to account...
Shift Technology, a provider of AI-powered decision optimization solutions for the global insurance industry, today announced the availability of Shift Subrogation Detection, Shift Underwriting Risk Detection and Shift Improper Payment Detection in the Microsoft Azure Marketplace. The presence of these solutions on the Marketplace makes it easier for insurers to discover, evaluate, and purchase the Shift detection products best able to benefit their organizations. Shift customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment...
Hanwha Defense USA and BlueSpace.ai announced their collaboration to bring to market BlueSpace’s advanced autonomous software solutions integrated into current and future HDUSA offerings. BlueSpace.ai leverages next-gen 4D sensing to provide verifiable and explainable AI solutions to provide ADAS and full autonomy solutions for defense and commercial applications, including mining and fleet operations, where the operational environments are challenging and often GPS-denied Credit: HDUSA The two technology leaders will work together to bring enhanced capabilities to...
Boeing [NYSE: BA] and Emirates SkyCargo today announced an order for five more of the world’s largest and longest-range twin-engine freighter, building on its earlier purchase of five 777 Freighters. The latest order, which was finalized in September and listed as unidentified on Boeing’s Orders and Deliveries website, brings Emirates’ order book to 249 Boeing widebody airplanes, including 14 777 Freighters. Emirates SkyCargo to expand fleet and capacity with five more Boeing 777 freighters As the cargo...
Europe’s IT and business services market showed signs of momentum in the third quarter, reaching new highs for annual contract value and deal volume, even as demand in the bellwether financial services sector remains weak, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. “Recent rate cuts by the Fed and European Central Bank are expected to boost IT spending in the coming year,...
Eruditus, the global leader in making high-quality education accessible and affordable to individuals, companies, and governments around the world, announced today that it has raised a $150 million Series F fundraise led by TPG’s The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, with participation from existing investors Softbank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative. This highlights the company’s remarkable growth and impact through continuous innovation...
Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, released today its 2024 Sustainability Report. The report shows significant achievements and continued progress in the company’s sustainability aspirations. Amcor Sustainability Report 2024 In addition to having its safest year ever, more than 94% of Amcor’s flexible packaging portfolio by area had a recycle-ready solution available, and 95% of rigid packaging by weight was recyclable in practice and at scale. Amcor...
