Nscale announces the acquisition of Kontena

Joshua Payne, Founder and CEO, Nscale

Nscale, a fully vertically integrated AI cloud platform, yesterday announced the acquisition of Kontena, a leader in high-density modular data centres and AI Data Centre solutions. This acquisition marks a significant step forward in Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock AI’s full […]

Textron Aviation expands relationship with Gama Aviation

Textron Aviation expanding relationship with channel partner Gama Aviation

Textron Aviation Inc., a Textron Inc. company, recently announced at the Royal International Air Tattoo (RIAT) that the company is expanding its relationship with longtime channel partner Gama Aviation. Newly designated as an Authorized Sales Representative (ASR) for Textron Aviation Special Missions aircraft in the United Kingdom and Ireland, Gama Aviation will now feature special missions variants […]

Bank of Hawai‘i announces significant leadership changes

(L-R) Matthew K.M. Emerson, Vice Chair and Chief Retail Banking Officer, Bank of Hawai‘i and James C. Polk, President and Chief Banking Officer, Bank of Hawai‘i

Bank of Hawai‘i Chairman and CEO Peter S. Ho announced that Vice Chair and Chief Banking Officer James C. Polk has been promoted to President of Bank of Hawai‘i Corporation and its primary operating subsidiary Bank of Hawai‘i (together, the “Company”), and Vice Chair Matthew K.M. Emerson has been appointed Chief Retail Banking Officer. As president of the Company, Polk will […]

Absa Bank recognizes LTIMindtree as a strategic technology partner

(L to R) Srinivas Rao, EVP & Chief Business Officer, LTIMindtree; Johnson Idesoh, Group Chief Information and Technology Officer, Absa Group; Sudhir Chaturvedi, President & Executive Board Member, LTIMindtree; Muhammad Ali Bhikhan, Chief Information Officer for Absa Regional Operations.

LTIMindtree, a global technology consulting and digital solutions company, recently announced a multi-million dollar contract extension with Absa Bank, a leading African financial services group. This reinforces LTIMindtree’s position as Absa Bank’s trusted strategic technology partner. The extended partnership builds upon a successful 17-year collaboration, where LTIMindtree has been instrumental in driving Absa Bank’s digital […]

Saudia Group signs a purchase agreement with Lilium for100 eVTOL Jets

Saudia Group Signs Largest Global Agreement With Lilium to Acquire Up to 100 eVTOL Jets

Saudia Group and Lilium N.V., a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), recently signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium’s HQ in Munich. The contract was signed by Fahd Al-Jarbou, CEO of Saudia […]