My site

(BUSINESS WIRE)--MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO).

Mr. Lumens brings to MidOcean more than 30 years of highly relevant and broad expertise across M&A, private equity, business development, trading, financing, audit, risk management, venture capital, take-privates and initial public offerings.

“We are delighted to welcome Armand to the MidOcean team,” said De la Rey Venter, MidOcean’s CEO. “We’re confident in his ability to drive financial excellence and contribute to the ... Read more »

(BUSINESS WIRE)--NielsenIQ (NIQ), the world leader in measurement and data analytics, is excited to announce that ‘NIQ Ask Arthur’- a groundbreaking GenAI-driven tool—has been integrated into NIQ Discover. This transformative solution offers AI-guided global search and personalized recommendations, streamlining data analysis and facilitating informed decision-making. Launching “NIQ Ask Arthur” marks an important milestone for NIQ Labs. Positioned as an innovation powerhouse, NIQ Labs is ready to accelerate the future of innovation by solving client problems and uncovering new pathways to growth. Coupled with investments, NIQ Labs taps into an extensive array of data assets, employing intuitive business intelligence tools and predictive analytics driven by generative AI (GenAI) and authoritative data science pioneering the next era of inventive products.

With conversational AI features, ‘NIQ Ask Arthur’ empowers users to delve deeper ... Read more »

SAN JOSE, Calif. - Tuesday, 14. May 2024

Simple, affordable, and powerful infrastructure solution makes AI more accessible for enterprises

(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced NetApp AIPod with Lenovo ThinkSystem servers for NVIDIA OVX, a converged infrastructure optimized for the generative AI era. NetApp and Lenovo have had a strong partnership for over five years and are now taking the partnership to the next level with the introduction of this simple, cost-effective, and powerful solution for enterprise AI. The new converged infrastructure solution will support NVIDIA NIM inference microservices, the NVIDIA AI Enterprise software platform for generative AI development and deployment, and retrieval-augmented generation (RAG) to enable customers to leverage their private, proprietary data for AI without large-scale model training.

Generative AI has created extensive opportun ... Read more »

OSAKA, Japan & CAMBRIDGE, Mass. -(BUSINESS WIRE)--Takeda (TSE: 4502/NYSE:TAK) today announced that it will present data from its oncology pipeline and product portfolio at the 60th Annual Meeting of the American Society of Clinical Oncology (ASCO) being held May 31-June 4, 2024, in Chicago, Ill.

Takeda’s presentations will span across a range of cancers, including colorectal, lung, lymphoma, multiple myeloma and leukemia and feature both clinical and real-world data generated to optimize treatment approaches and inform patient care.

“At Takeda Oncology, we’re committed to addressing the areas of highest patient need while leveraging our expertise in key disease areas, including colorectal cancer, lung cancer and hematological malignancies,” said Phuong Khanh (P.K.) Morrow, M.D., Head of the Oncology Therapeutic Area Unit (OTAU) at Takeda. “Our presentations at ASCO, including data being presented in Hodgkin lymphoma and colorectal ca ... Read more »

SAN JOSE, Calif. - Monday, 13. May 2024

Key development contract to jump-start execution of new OEM program

(BUSINESS WIRE)--Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions for automotive and smart infrastructure applications, has announced today that it has signed a significant Engineering Services Agreement (the “Agreement”) with its long-term automotive Tier 1 partner and current shareholder, KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276) on May 9, 2024.

Under the terms of the Agreement, Koito will provide Cepton with a total of $10 million in engineering services fee for the quarter ended June 30, 2024, to support a major global OEM program that Cepton and Koito have recently secured.

The Agreement will fuel Cepton’s customer-specific product development and program execution efforts for its n ... Read more »

SHENZHEN, China 
(BUSINESS WIRE)--Hai Robotics ("Hai") has joined forces in the inauguration of L'Oréal's SMART Fulfillment Center in Suzhou, China. Located inside Suzhou Industrial Park, this fulfillment center signals Hai's ongoing commitment to support its customers on every step of their warehousing journey with technical expertise, quality service and prompt delivery.

With an area of 46,000 square meters, this fulfillment center houses Hai's essential goods-to-person solution, HaiPick System 1, including 39 HaiPick A42 Multi-Layer Autonomous Case-handling Mobile Robots (ACR), as well as HaiPort and conveyor picking workstations. L'Oréal is now able to handle D2C (direct-to-consumer) orders with elevated flexibility, efficiency and scalability for L'Oréal, without compromising on intelligence and sustainability for its supply chain operations.

"We are delighted to be a part of L'Oréal's warehousing journey ... Read more »

Abu Dhabi, United Arab Emirates - Monday, 13. May 2024

Next-Gen Falcon 2 Series launches AI Model that is Open-Source, Multilingual, and Multimodal – and is only AI Model with Vision-to-Language Capabilities
New Falcon 2 11B Outperforms Meta’s Llama 3 8B, and Performs on par with leading Google Gemma 7B Model, as Independently Verified by Hugging Face Leaderboard
Immediate Plans Include Exploring 'Mixture of Experts' for Enhanced Machine Learning Capabilities
 

The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today launched a second iteration of its renowned large language model (LLM) – Falcon 2. Within this series, it has unveiled two groundbreaking versions: Falcon 2 11B, a more efficient and accessible LLM trained on 5.5 trillion tokens with 11 billion parameters, and Falcon 2 11B V ... Read more »

(BUSINESS WIRE) -- Alvaria® is pleased to announce the expansion of our partnership with Avaya, a leading provider of enterprise customer experience solutions, to include the Alvaria CX™ platform in our joint delivery of enterprise-scale high performance solutions for omnichannel-compliant outbound customer engagement.

Alvaria CX will be available in the Avaya One Source store by the end of May. Alvaria will be demonstrating the Alvaria CX high performance omnichannel outbound campaign capabilities to Avaya customers and partners at Avaya ENGAGE in Denver, Colorado, May 13th – 15th. Alvaria CX expands on the Alvaria capabilities available with Avaya by providing additional compliance options and deployment solutions in the customer environment of choice – on-premises, private cloud, public cloud, virtual private cloud (VPC), hybrid.

Omar Javaid, SVP and Chief Product Officer at Avaya, “The pairing of the Alvaria outbound campaign and compl ... Read more »

Indonesia embarked on an immersive journey into the heart of the east Asian nation as the vibrant spirit of the country took centre stage at the esteemed Raffles Dubai Hotel on May 8, 2024. Organised by The Ministry of Tourism and Creative Economy of the Republic of Indonesia, this exclusive Wonderful Indonesia Night event provided guests an evening of cultural immersion, culinary delights, and fashion extravaganza, with the esteemed presence of Mr. Sandiaga Uno, the Minister of Tourism and Creative Economy of the Republic of Indonesia, adding to the excitement.

The event served as a celebration of Indonesia's rich fashion cultural heritage and culinary diversity, offering attendees a glimpse into the enchanting beauty and flavours of the archipelago. One of the highlights of the ev ... Read more »

− Takeda to receive exclusive option to license global rights to ACI-24.060, a potential first-in-class active immunotherapy designed to delay or slow Alzheimer’s disease progression− AC Immune to receive upfront payment of $100 million upon closing and be eligible for an option exercise fee and additional potential milestones of up to approximately $2.1 billion− AC Immune to host conference call and webcast today at 8:30 a.m. ET

(BUSINESS WIRE)--Takeda (TSE:4502/NYSE:TAK) and AC Immune SA (NASDAQ: ACIU) today announced an exclusive, worldwide option and license agreement for AC Immune’s active immunotherapies targeting toxic forms of amyloid beta (Abeta), including ACI-24.060 for the treatment of Alzheimer’s disease.

... Read more »