Transforming Enterprises Complex Document Workflows and Understanding with Agentic Vision Technologies PALO ALTO, Calif., May 28, 2025 /PRNewswire/ — LandingAI, a pioneer in agentic vision technologies, today announced the major upgrades to Agentic Document Extraction (ADE). Unlike traditional optical character recognition (OCR), ADE sees a PDF or other document visually, and uses an iterative workflow to accurately extract a document’s text, diagrams, charts, form fields, and so on to produce an LLM-ready output. Document processing remains a significant hurdle for many enterprises, often incurring high costs and requiring substantial manual intervention. Agentic Document Extraction (ADE) goes beyond traditional OCR and fine-tuned LLMs by utilizing layout-aware…
Author: PRNEWSWIRE
TORONTO, May 27, 2025 /PRNewswire/ — SysAid a leading provider of Enterprise and IT Service Management solutions is proud to announce that it has been named a Company of the Year winner in the 2025 Globee® Awards for Artificial Intelligence—one of the world’s premier data-driven business awards programs. This recognition underscores the company’s dedication to pushing the boundaries of what’s possible with artificial intelligence through its innovative solution, SysAid Copilot. “This recognition by the Globee® Awards for Artificial Intelligence is a proud moment for our entire team. SysAid is leading the agentic AI revolution, helping organizations transform their IT operations with purpose-built AI Agents—intelligent ITSM…
With proven experience scaling one of Europe’s most successful startups, Sladek is set to drive the next phase of Logmanager’s cybersecurity platform. PRAGUE, May 27, 2025 /PRNewswire/ — Logmanager, a vendor of an integrated log management platform recognized for its radical simplicity, has strengthened its leadership team with Pavel Sladek as CTO. Former VP Engineering at Socialbakers brings more than 20 years of experience to the company with the goal of advancing its software engineering. At Logmanager, Sladek will join forces with another notable figure from the European startup scene, Jiri Tobola. Tobola previously led Flowmon Networks, the first Czech university startup to successfully exit (acquired in 2020 by the…
BENGALURU, India, May 26, 2025 /PRNewswire/ — CARD91 is proud to announce the launch of its Full-Stack UPI Acquiring Solution to power merchant and corporate payment collections. With UPI surpassing 18 billion monthly transactions—and over 60% attributed to Person-to-Merchant (P2M) payments—acquiring has emerged as a critical driver of growth. Yet, significant gaps remain in the current ecosystem. CARD91’s acquiring module within Blitz addresses these challenges head-on—offering a scalable, regulatory-compliant, and future-ready infrastructure tailored to the evolving needs of issuers and ecosystem players. Key Features of CARD91’s UPI Acquiring Solution: Ajay Pandey, CEO of CARD91, remarked: “This launch represents a pivotal step in our mission to transform UPI…
SEOUL, South Korea, May 26, 2025 /PRNewswire/ — Nota AI, a global leader in AI optimization, showcased its latest edge AI innovations alongside Qualcomm Technologies, Inc. at the Embedded Vision Summit 2025, held May 20–22 in Santa Clara, California. The Embedded Vision Summit is a prominent global conference for innovators incorporating computer vision and AI in products, attended by more than 70 companies and over 1,400 industry experts worldwide. Nota AI prominently featured its collaboration with Qualcomm Technologies, emphasizing the optimization of its proprietary AI model optimization platform, NetsPresso®, for use with the Qualcomm® AI Hub. Both companies utilized video presentations at their…
Key technology upgrades accompany market entry, providing an even better user experience TOKYO and SEOUL, South Korea, May 26, 2025 /PRNewswire/ — CreateAI Holdings (“CreateAI” or the “Company”) today announced market entry in Korea and significant updates to its groundbreaking AI anime video generation platform, Animon.ai. Since its debut in Japan just last month, Animon.ai has earned recognition from industry professionals and driven significant engagement within the global creative community, with creators showcasing high-quality anime content produced using the platform. In addition to offering the model in the Korean language, this latest update introduces powerful new features designed to make anime creation more accessible and efficient…
BOSTON, May 27, 2025 /PRNewswire/ — Traditional banks are losing their grip on industry growth, according to a new report from Boston Consulting Group (BCG). The global banking industry has grown at a compound annual growth rate (CAGR) of 4% over the past five years, but traditional banks are ceding the most valuable ground to fintechs, digital attacker banks, private credit funds, and nonbank market makers. Incumbent banks have relied on balance-sheet-driven net interest income to contribute roughly 85% of the growth. Yet they struggle to generate capital-light noninterest income: while it grew by 1.8% in absolute terms, the relative amount generated per asset…
SHENZHEN, China, May 27, 2025 /PRNewswire/ — AI applications incur significant computing demands, requiring cloud infrastructure and storage to be elastic and scalable. To help enterprises cope with increased workload capacities, Tencent Cloud recently upgraded its GooseFS 2.0 product to support better optimization for various AI scenarios. The upgrades will see greater enhancements for computing, metadata and server-side accelerations, enabling enterprises to gain higher performance and accessibility from their data lakes. Under the new architecture, GooseFS 2.0 maximizes hardware performance through short-circuit reads and metadata memory acceleration, easily achieving single-link speeds at the GBps level, approaching the limits of hardware resources. It addresses…
LONDON, May 27, 2025 /PRNewswire/ — Movate, a global leader in digital technology and customer experience services, today announced a strategic partnership with Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions enabling organizations and industries to accelerate their operational efficiencies and competitiveness. As ALE’s chosen AI transformation partner, Movate will support the company’s next phase of AI-led digital transformation, delivering innovative, high-impact experiences for ALE’s global customer and partner ecosystem. At the forefront of this strategic partnership is the development of a next-generation GenAI platform, designed with scalability and security at its core. It will feature advanced analytics, unified data governance, and a…
DUBAI, UAE, May 27, 2025 /PRNewswire/ — During the 9th Global ICT Energy Efficiency Summit in Dubai, Huawei showcased its next-generation digital and intelligent site power facility solution Single SitePower, which is set to drive the intelligent transformation of ICT energy infrastructure. Themed “Green Site, Building an Intelligent Future,” the Summit brought together industry leaders and energy experts from leading operators, tower companies, and industry organizations worldwide gathered at the event to discuss the energy transition for greener ICT. Global operators and tower companies are facing a wide range of energy challenges. The communications industry consumes 2.5% of the world’s electricity, with base…