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Sibel Health raises $33mn in Series B funding and announces new executive appointments to scale advanced wearable sensors for remote patient monitoring and hospital care

Niles, United States. 04 August, 2022 – Sibel Health, an medical technology company spun out of the John Rogers Research Group and the Querrey Simpson Institute for Bioelectronics at Northwestern University, has recently closed a [$33 million (€32.33 million)] Series B financing round, bringing Sibel’s total funding to date to more than [$50 million (€48.98 million)].

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August 8, 2022

Posted by: Janmesh Chintankar

Laiye to acquire startup Intelligence Qubic to tackle workforce burnout and time wastage

London, UK & Beijing, China. 4 August 2022 – Laiye, a global provider of Intelligent Automation, is to acquire Intelligence Qubic, which is described as an “evolutionary automatic machine learning (AutoML) company”. Terms of the deal have not been disclosed. (more…)

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August 5, 2022

Posted by: Shriya Raban

Tech Mahindra inks AI partnership with Soroco to establish large task mining centre of excellence

London, UK. 2 August 2022 – Tech Mahindra, a provider of digital transformation, consulting, and business re-engineering services & solutions, today announced a strategic partnership with Soroco. The partnership will establish a state-of-the-art CoE (Centre of Excellence) to deliver an accelerated transformation programme for business process management, managed services backed by intelligent automation process and task mining. Tech Mahindra’s CoE will be located in New Delhi to support the evolving digital transformation needs of customers right from Discovery to Realisation. (more…)

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August 4, 2022

Posted by: Shriya Raban

Renesas completes acquisition of Reality AI

Tokyo, Japan, 20 July 2022 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced the completion of the acquisition of Reality Analytics, Inc. (Reality AI), a provider of embedded AI solutions, as of July 19, 2022, following Reality AI shareholders’ and required regulatory approval. (more…)

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July 21, 2022

Posted by: Shriya Raban

Ericsson, KMUTT partner to build a 5G-ready workforce across Thailand

Ericsson and King Mongkut University of Technology Thonburi (KMUTT) are partnering to support Thai students to build 5G ICT skills for the future. (more…)

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July 19, 2022

Posted by: Shriya Raban

Chairwoman Rosenworcel proposes to increase minimum broadband speeds and set gigabit future goal

Washington, 15 July 2022 – FCC chairwoman Jessica Rosenworcel has circulated to her colleagues a Notice of Inquiry that would kick off the agency’s annual evaluation of the state of broadband across the country. As part of this assessment, chairwoman Rosenworcel proposed increasing the national standard for minimum broadband speeds and proposed setting a long-term goal for broadband speed. (more…)

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Posted by: Shriya Raban

Podcast: DX and AI failures: How NOT to be a casualty

Between now and 2024 about 50% of all finance artificial intelligence (AI) projects are forecast to be delayed or cancelled.There’s no digital transformation (DX) playbook, so listen to the latest Trending Tech Podcast as experts Ash Finnegan of Conga and Perry Krug from Couchbase explain how the number of DX projects worldwide is rising fast yet far too many transformations have failed, been delayed or scaled back. It could be the most valuable 20 minutes you spend this year! JoinJeremy Cowan to learn how the best projects avoid going pear-shaped. And, in What The Tech, hear how one Microsoft retirement has got developers rejoicing!
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July 18, 2022

Posted by: Barto Szkaradek

New international course set up to help tackle AI skills shortage amid rapid growth of industry

A collaborative education opportunity aimed at tackling a global skills shortage in Artificial Intelligence (AI) is being unveiled between Coventry University and the University of Cincinnati. (more…)

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Posted by: Shriya Raban

Cosmo Tech collaborates with Microsoft to drive strategic sustainability outcomes with Simulation Digital Twins

Lyon, France – Cosmo Tech is collaborating with Microsoft to integrate Microsoft Azure Digital Twins capabilities with the addition of its strategic 360° Simulation Digital Twin technology. The combined technologies enable Microsoft’s enterprise customers to monitor systems in near real time and to simulate the evolution of complex organisation in uncertain environments over time. This will allow strategic optimisations at all levels of enterprise planning, decision making and financial functions; enabling outcomes that are robust, resilient, and sustainable. (more…)

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July 14, 2022

Posted by: Janmesh Chintankar

Dedrone closes $30mn financing: Police and critical infrastructure owners seek airspace security protection

San Francisco, UK. 13 July 2022 – Dedrone, a specialist in smart airspace security, has closed US$30 million (€29.93 million) in an oversubscribed Series C-1 financing round. Led by public safety technology company Axon, this latest funding comes on the heels of the company’s $30.5 million (€30.43 million) Series C in December 2021. Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners and individual Silicon Valley entrepreneurs also participated in the round. (more…)

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Posted by: Shriya Raban