Author: PRNEWSWIRE

TORONTO, Feb. 10, 2025 /PRNewswire/ — Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announced the launch of its second Corporate Venture Capital Fund, valued at $150 million. Building on the success of its first $100 million fund, launched in 2021, Fund 2 reaffirms the company’s commitment to driving innovation and delivering customer value. Continuing to operate under the name Thomson Reuters Ventures, Fund 2 will focus on early-stage technology companies across Legal Technology, Tax & Accounting, Fintech, Risk Fraud & Compliance, and News & Media markets. Thomson Reuters Ventures will continue to invest in companies shaping the future of professional work, aligning emerging…

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First Jointly Developed AI Agent Helps Customers Maximize Cisco Investments and Boosts Productivity News Summary: SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ — Cisco (NASDAQ: CSCO), the worldwide leader in security and networking, today announced the first, jointly developed AI Agent from its strategic partnership with Mistral AI, one of Europe’s leading providers of AI solutions. The AI Renewals Agent greatly enhances and streamlines the renewal proposal creation process at Cisco by consolidating both structured and unstructured data from over 50 signals and sources and providing real-time sentiment analysis, summarized recommendations, intelligent automation, and personalization, all tied to customer outcomes and key performance indicators…

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NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global Governance risk and compliance (GRC) platform market size is estimated to grow by USD 44.22 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.2% during the forecast period. Increased need to comply with regulatory requirements is driving market growth, with a trend towards integration of GRC platform with third-platform technologies. However, increasing data security concerns poses a challenge. Key market players include ACL Services Ltd. Dba Galvanize, Check Point Software Technologies Ltd., Corporater AS, Fidelity National Information Services Inc., International Business Machines Corp., LogicManager…

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NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global Artificial intelligence (AI) in games market size is estimated to grow by USD 27.47 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 42.3% during the forecast period. Growing adoption of ar and vr games is driving market growth, with a trend towards increasing emergence of cloud gaming. However, network latency in between games poses a challenge. Key market players include Capcom Co. Ltd., Charisma Entertainment Ltd., COGNOSPHERE PTE. LTD., Electronic Arts Inc., Gameloft SE, Google LLC, Konami Group Corp., Latitude, Microsoft Corp., NetEase Inc.,…

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NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global chatbot market size is estimated to grow by USD 9.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 42.9% during the forecast period. Several benefits associated with using chatbots solutions is driving market growth, with a trend towards integration of chatbots with communication channels. However, lack of awareness and standardization of chatbot services poses a challenge. Key market players include 247.ai Inc., Acuvate, Aivo, Amazon.com Inc., Avaamo Inc., Botsify, Conversica Inc., Creative Virtual Ltd., eGain Corp., Google LLC, Inbenta Holdings Inc., International Business Machines Corp.,…

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NEW YORK , Feb. 10, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global document scanner market size is estimated to grow by USD 4.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.6% during the forecast period. Enhance the security of data is driving market growth, with a trend towards integration of document scanner with cloud. However, increase in capital and operational expenditure poses a challenge. Key market players include Avision Inc., Best IT World India Pvt. Ltd., Brother Industries Ltd., Canon Inc., FUJIFILM Holdings Corp., Fujitsu Ltd., Hanwang Technology Co. Ltd., HP Inc., Image Access GmbH,…

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HONG KONG, Feb. 7, 2025 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the launch of Nibot, a new generation of Robotic Process Automation (RPA) product developed by its wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd. This powerful and cost-effective solution offers broad applicability and will primarily target international market and Hong Kong market. Nibot is built upon CLPS’s years of technological expertise in RPA, offering comprehensive functionality and outstanding performance. It automates business processes, ensures seamless interaction between multiple applications, and integrates effortlessly with third-party systems. Its intelligent task scheduling system flexibly allocates tasks, and through robot cluster management,…

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NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global apple market size is estimated to grow by USD 15.94 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 3.4% during the forecast period. Increasing demand for superfoods is driving market growth, with a trend towards growing popularity of urban farming. However, stringent food safety regulations poses a challenge. Key market players include Auvil Fruit Co. Inc., Batlow Fruit Co. Pty Ltd, Borton Fruits, CMI Orchards LLC, Evans Fruit Co, Fowler Farms Ltd., Fruit Hill Orchard Inc., Gebbers Farms, Gilbert Orchards, Golden Bay Fruit, Harmonie, Hope Orchards,…

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LONDON, Feb. 7, 2025 /PRNewswire/ — Stelia, the AI acceleration platform, is delighted to announce their Gold Sponsorship of NVIDIA GTC 2025. AI-driven innovation depends on scalability, speed, and efficient global distribution—yet today’s infrastructure remains fragmented and constrained. Stelia is changing that. At NVIDIA GTC 2025, Stelia introduces Hyperband, the AI-native data mobility platform of choice for developers, enterprises, and AI-driven businesses. Designed to enable global-scale AI deployment and interconnectivity, Hyperband empowers organizations to develop, train, and distribute AI models efficiently—without the limitations of traditional cloud compute infrastructure. By abstracting complexity and removing bottlenecks, Hyperband allows AI workloads to scale dynamically across…

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INCHEON, South Korea, Feb. 7, 2025 /PRNewswire/ — Researchers at Incheon National University have developed an innovative method to improve next-generation wireless networks. Their approach ensures faster, more reliable connections by simplifying how large amounts of signal data are managed and using artificial intelligence to predict and correct errors. The findings promise significant benefits for high-speed travel, satellite communication, and disaster response applications. As 5G and 6G networks expand, they promise a future of incredibly fast and reliable wireless connections. A key technology behind this is “millimeter-wave” (mmWave), which uses very high-frequency radio waves to transmit huge amounts of data. To make the most of mmWave,…

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