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…
Author: PRNEWSWIRE
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…
Leveraging Infosys Topaz, the collaboration will aim to enable effortless experiences and productivity improvements for over 77,000 E.ON employees across Europe. BENGALURU, India, May 27, 2025 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with E.ON, one of Europe’s largest energy companies with business in energy networks, energy infrastructure solutions, and retail. This collaboration will help create an experience-led, data-driven, sustainability-focused digital workplace ecosystem, facilitating E.ON’s transition to a full stack digital energy company that will aim to realize business value through AI. The collaboration will leverage Infosys Topaz, an AI-first offering using generative AI technologies,…
Partnership brings AI-powered observability and automated remediation together to deliver closed-loop network operations. ATLANTA & SANTA CLARA, Calif., May 27, 2025 /PRNewswire/ — Itential, the cloud-native leader in network automation and orchestration, and Selector, the leader in AI-driven network operations, today announced a strategic partnership to deliver real-time, closed-loop automation for enterprise and service provider infrastructure teams. The integration between the Itential Platform and the Selector AIOps Platform bridges a critical operational gap — turning insights into instant action. By combining real-time event detection and root cause identification from Selector with policy-driven orchestration and automated remediation from Itential, teams can now detect, diagnose, and resolve issues across hybrid…
Security awareness training significantly lowers phishing vulnerability as understaffed state and local governments seek low-resource risk management TAMPA BAY, Fla., May 27, 2025 /PRNewswire/ — KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, today released new research highlighting the critical cybersecurity challenges facing state, local, tribal, and territorial (SLTT) governments. The report details how government organizations have become prime targets for cybercriminals while simultaneously facing severe resource constraints. The data reveals that despite being the third most-targeted sector by ransomware in 2023, over 80% of SLTT organizations operate with fewer than five employees dedicated to cybersecurity. This staffing shortage…
New license agreement gives Deutsche Bank increased access to IBM’s innovative software solutions to accelerate innovation, optimize operations, and enhance customer experience FRANKFURT and EHNINGEN, Germany, May 27, 2025 /PRNewswire/ — Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) today announced a continuation of their partnership in the form of a strategic agreement that grants Deutsche Bank further access to IBM’s comprehensive suite of software solutions. This includes IBM’s business and IT automation stack, advanced hybrid cloud products, as well as access to the watsonx AI portfolio. Additionally, Deutsche Bank will benefit from the latest upgrades to the IBM Storage Protect software suite. These innovative solutions…
PARIS, May 27, 2025 /PRNewswire/ — Cathay Innovation today announced the final close of its latest venture capital fund at $1B, making it the largest AI-dedicated fund out of the European Union. While headquartered in France, the fund invests across Europe, the U.S., and Asia in vertical AI solutions in four key sectors: digital health, fintech, consumer and mobility / energy. The successful close signals a greater shift in AI-era venture capital, where the success of startups and established industry players are increasingly intertwined. Fund III is backed by a diverse base of institutional investors as well as multinational corporations looking to access the latest AI startup technologies key to…