Braincube obtains growth equity round of €83 million
Braincube has raised 83 million euros of growth equity investment. The investment was led by Scottish Equity Partners (‘SEP’), alongside Bpifrance. Braincube’s Industrial Internet of Things (‘IIoT’) platform helps manufacturers increase their profits using data insights to improve quality, productivity, and sustainability in their factories. Production line optimisations, resulting from Braincube’s use-case driven framework and proprietary AI, have already saved customers more […]
FPT enters into a strategic partnership with Landing AI,
FPT, global technology firm headquartered in Vietnam, and Landing AI, the US’s leading computer vision platform and artificial intelligence (AI) software company, today announced a strategic relationship that will drive the application and education of AI. The partnership, inaugurated at the FPT Techday 2023 event in Hanoi, Vietnam, sees FPT becoming one of Landing AI’s […]
Chinese electric vehicle industry boom: A boost to the Western economy
A brief history of the automotive industry and the advent of electric vehicles Undoubtedly, exports bolster a country’s economy, and automobiles are the most beloved among the export categories. For perspective, it was through automobile exports that Germany and Japan gained advanced industrial economy status. The first gasoline-powered commercial car in the world was launched […]
The Emerging Tech Summit – Saudi Arabia 2023
The Emerging Tech Summit (ETS) is set to take centre stage on the 8th and 9th of November at the Voco, Riyadh, bringing together the most influential leaders and forward-thinkers in the technology industry. This exclusive by-invitation-only event is poised to reshape the landscape of technology adoption in various sectors such as Government organizations, Energy, BFSI, […]
StatLab welcomes Sung-Dae Hong as CEO
StatLab Medical Products, a developer and manufacturer of diagnostic supplies and equipment, announced that its Board of Directors has appointed Sung-Dae (Dae) Hong as Chief Executive Officer (CEO) and Board Member, effective August 28, 2023. Joe Bernardo, Executive Chairman and Linden Operating Partner, has been serving as Interim CEO and will continue in his role […]
Ligandal Inc. Appoints Tushar Nuwal for two leadership roles
Ligandal Inc., an early-stage genetic medicine biotechnology company, announces the appointment of Tushar Nuwal as Chief Operating Officer and Chief Business Officer. Mr. Nuwal brings 20 years of biopharmaceutical experience, including roles at small and large pharmaceutical companies. “We are elated to welcome Tushar to Ligandal. His experience in negotiating multi-billion-dollar pharmaceutical transactions and his […]
Analog Devices invests over USD 1Bln to expand its Semiconductor Facility
Analog Devices, Inc., a global semiconductor leader, invested more than $1 billion to expand its semiconductor wafer fab in Beaverton, Oregon. The Beaverton site, built in 1978, is ADI’s largest wafer fabrication facility by volume and serves customers in critical industries, such as industrial, automotive, communications, consumer, and healthcare. The facility investment expands cleanroom space […]
Alliant Energy Board welcomes Ignacio A. Cortina to its Board of Directors
Alliant Energy Corporation yesterday announced that its Board of Directors has appointed Ignacio A. Cortina as a new independent director, effective July 14, 2023. Cortina, 51, boasts more than 27 years of experience in the industrial, legal and manufacturing sectors where he has held prominent leadership positions in global legal services, ethics and compliance, environmental […]
UNIDO and Huawei launch AIM Global at World AI Conference in Shanghai
At the sixth World Artificial Intelligence Conference (WAIC), UNIDO, Huawei, and other partners officially launched on 6 July 2023 the “Global Alliance on Artificial Intelligence for Industry and Manufacturing” (AIM Global). Led by UNIDO, AIM Global will integrate public and private partners to foster the use of and innovation around AI in industry and manufacturing. […]
XNRGY welcomes Yves Leduc as Co-President and Chief Operating Officer
XNRGY Climate Systems (“XNRGY”), headquartered in St-Hubert, Quebec, a pioneer in the design and manufacturing of energy efficient commercial HVAC systems, announced yesterday that Yves Leduc has joined as Co-President and Chief Operating Officer (COO). He will report to Wais Jalali, the Founder, Chairman and Chief Executive Officer of XNRGY, and will focus on rapidly scaling up the organization […]
