A roundup of the most newsworthy tech announcements from PR Newswire this week, including SBI and Chainlink's partnership, Corewell's enhanced laboratory services, and IBM's collab with AMD for the future of computing.
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help tech journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
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The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
— AI Industry Launches “Leading the Future” to Drive U.S. AI Leadership, Economic Growth, National Security, and InnovationLTF's mission is to ensurethe United Statesremains the global leader in AI by advancing a clear, high-level policy agenda at the federal and state levels and serving as the political and policy center of gravity for the AI industry.
— SBI Group and Chainlink Announce Strategic Partnership To Accelerate Institutional Digital Asset Adoption In Key Global MarketsSBI Group and Chainlink will power use cases related to tokenized real-world assets, tokenized funds, and regulated stablecoins, with an initial focus on the Japanese market.
— IBM and AMD Join Forces to Build the Future of ComputingAMD and IBM are collaborating to develop scalable, open-source platforms that could redefine the future of computing, leveraging IBM's leadership in developing the world's most performant quantum computers and software, and AMD's leadership in high-performance computing and AI accelerators.
— EchoStar Announces Spectrum Sale and Hybrid Mobile Network Operator (MNO) Agreement, Steps Toward Resolving Federal Communications Commission's (FCC) InquiriesEchoStar has entered into a definitive agreement with AT&T to sell the company's 3.45 GHz and 600 MHz spectrum licenses – a total of 50 MHz of nationwide spectrum – for approximately$23 billion, subject to regulatory approval. In addition, the companies have amended their network services agreement to create a hybrid mobile network operator (MNO) relationship.
— Miva Launches Vexture: AI-Powered Intent-Based Search to Transform Ecommerce DiscoveryVexture℠ is a next-generation product discovery tool designed to help online retailers deliver faster, more relevant search results that understand real customer intent. It leverages AI-driven natural language processing and real store data to go beyond traditional keyword matching and understand what shoppersmean, not just what they type.
— Corewell Health and Quest Diagnostics to Enter into Joint Venture Providing Enhanced Laboratory Services in Michigan”This joint venture combines Corewell Health's first-rate academic expertise and deep ties toMichiganwith Quest's leadership in scaling diagnostic innovation to improve access, affordability and patient care,” saidJim Davis, Chairman, CEO and President, Quest Diagnostics.
— OpenLight Raises $34M Series A to Scale Next-Gen Integrated Photonics for AI Data CentersAs the shift from electrical to optical interconnects accelerates to support AI-scale workloads, integrated photonics is emerging as a core enabler of next-generation data center infrastructure. Additional applications for OpenLight's technology include telecom, automotive and industrial sensing, IoT sensing, healthcare and quantum computing.
— IDEMIA Public Security and Sopra Steria Launch Successful Go-Live of shared Biometric Matching System with eu-LISAThe two companies led the design and implementation of the new new shared Biometric Matching System (sBMS), the EU's central biometric matching system that stores and compares biometric data such as fingerprints and facial images. The sBMS, together with the other interoperable large-scale IT systems of eu-LISA, aims to fight irregular immigration and trans-border crime, enhancing the efficiency and security of Schengen Area border and migration management.
— Canadian Army selects Bohemia Interactive Simulations to deliver next-generation digital trainingThe Digital Virtual Trainer program will provide immersive, flexible, and highly scalable synthetic training to support mission readiness across the Canadian Army.
— Clutch Launches HAL: AI-Powered Lending Assistant Driving Credit Unions into the FinTech FutureClutch's HAL enhances the applicant experience, streamlines operations, and drives growth for credit unions by accelerating loan processing and reducing costs. “By leveraging AI to automate time-consuming tasks and provide 24/7 access to the credit union, key performance metrics soar,” said Tamanna Kotwalli, Head of Product at Clutch.
— Heven and NextTech Solutions Announce Strategic Collaboration to Deliver Advanced UAS Solutions Across U.S. Government MarketThe two companies will work collaboratively to pursue emerging unmanned systems opportunities across local, state, and federal government agencies, offering integrated and scalable UAS solutions tailored to mission-specific requirements.
— INTEGRITY Security Services™ Joins Forces with AV to Develop New Network V2X Platform”The LINX platform brings together AV's edge computing and transportation expertise with the extensiveclientlibraries offered by ISS to create an ultra-low latency, highly scalable next-generation V2X platform,” saysXiaoliang (George) Zhao, AV's Director of Transportation and Sustainment Engineering.
For more news like this, check out all ofthe latest technology-related releases from PR Newswire.
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