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Retym Secures $75M Series D to Advance AI Infrastructure with DSP Innovation

BusinesswireApril 2, 2025April 2, 202502 mins

Retym, a leading semiconductor firm, has emerged from stealth mode with over $180 million raised across multiple funding rounds to advance AI infrastructure innovation. The company recently secured $75 million in Series D funding, led by Spark Capital, with participation from Kleiner Perkins, Mayfield, and Fidelity Investments. Retym specializes in programmable coherent DSP (digital signal processing) solutions, enabling high-speed, power-efficient data transmission within and between AI data centers. The new investment will support scaling production and continued product development, positioning Retym as a key player in the evolving AI ecosystem.

Brand Engagement Network Partners with Swiss Life for AI-Powered Customer Engagement

GlobeNewswireApril 2, 2025April 2, 202502 mins

Brand Engagement Network Inc. (BEN), a leader in AI-driven customer engagement, has announced a strategic partnership with Swiss Life Global Solutions. This collaboration aims to implement generative AI solutions to enhance customer value across digital health, mental health, and financial wellbeing services.

Mindwell Solutions Group Holdings Acquires Manifest Technologies Group to Strengthen AI-Powered Accounts Receivable and Debt Recovery Solutions

GlobeNewswireApril 1, 2025April 1, 202503 mins

In a strategic move to enhance its technology portfolio, Mindwell Solutions Group Holdings (MSGH), a subsidiary of TransGlobal Assets Inc., has announced the acquisition of Manifest Technologies Group. This acquisition focuses on the integration of advanced artificial intelligence (AI) solutions for the accounts receivable (AR) and debt recovery industry, setting the stage for MSGH to expand its capabilities in financial technology. By incorporating Manifest Technologies’ AI-driven tools, MSGH aims to optimize financial processes, improve customer engagement, and deliver smarter solutions for businesses in debt recovery.

Cognizant & ServiceNow Launch AI-Powered Dispute Management for Mid-Market Banks

PR NewswireMarch 28, 2025March 28, 202503 mins

Cognizant has partnered with ServiceNow to launch an AI-powered dispute management solution designed for mid-market banks in North America. This Business Process as a Service (BPaaS) offering streamlines the dispute resolution process, enhances customer satisfaction, and helps banks reduce chargeback losses while ensuring regulatory compliance. With fragmented systems, operational inefficiencies, and high customer dissatisfaction, mid-market banks face significant challenges in dispute resolution. Cognizant’s AI-driven solution integrates ServiceNow’s dispute management technology with advanced automation, analytics, and multi-channel intake, ensuring faster, more efficient resolutions with minimal manual intervention.

Fermyon & Akamai Partner to Bring Blazing-Fast Serverless AI to the Edge

GlobeNewswireMarch 28, 2025March 28, 202503 mins

Fermyon Technologies, a leader in serverless WebAssembly (Wasm), has announced a strategic partnership with Akamai to bring edge-native AI and serverless applications to the world’s largest distributed cloud and content delivery network (CDN). The new Fermyon Wasm Functions engine will enable businesses to deploy blazingly fast, portable, and polyglot Wasm-based applications on Akamai’s global network.

LinkSquares Unveils Agentic AI for Smarter Contract Lifecycle Management

PR NewswireMarch 28, 2025March 28, 202502 mins

LinkSquares, a leader in AI-powered contract lifecycle management (CLM), has announced a revolutionary agentic AI architecture and conversational interface powered by LinkAI. This innovation redefines how AI enhances contract management, allowing legal, sales, finance, and procurement teams to engage with contracts more efficiently. By combining generative and extractive AI capabilities, LinkAI delivers unmatched accuracy, speed, and strategic clarity.

Treasure Global to Build AI Cloud Platform in Malaysia for Trillion-Scale Models

GlobeNewswireMarch 26, 2025March 26, 202502 mins

Treasure Global Inc. (TGL), a Nasdaq-listed technology company, has announced a strategic initiative to develop an advanced AI cloud platform in Malaysia. Designed to support AI models up to one trillion parameters, this initiative positions Malaysia as a key player in Southeast Asia’s AI ecosystem. By leveraging cutting-edge GPU clusters and high-performance computing (HPC) technology, TGL aims to power large language models (LLMs), generative AI, and computer vision applications. With phased deployment set for 2025, this move will drive innovation across multiple industries, including finance, healthcare, and logistics.

Datavault AI Joins IBM Partner Plus to Revolutionize AI-Powered Data Monetization

BusinesswireMarch 25, 2025March 25, 202504 mins

Datavault AI Inc., a leader in AI-driven data experience, valuation, and monetization, has joined IBM’s prestigious Partner Plus program. As one of IBM’s 500 global partners, Datavault AI will leverage IBM watsonx™ to enhance its AI-powered financial modeling and tokenization capabilities, redefining data as a financial asset. This partnership strengthens Datavault AI’s patented Data Vault Web 3.0 platform, integrating advanced AI governance, automation, and synthetic data generation. With support from strategic alliances—including CLEAR for KYC compliance and NYIAX for data exchange integration—Datavault AI is positioned at the forefront of the AI-driven data economy.

Emotion AI Market to Reach $13.8 Billion by 2032 | 22.7% CAGR

EIN PresswireMarch 17, 2025March 17, 202501 mins

The global Emotion AI Market, valued at $1.8 billion in 2022, is projected to grow to $13.8 billion by 2032, expanding at a 22.7% CAGR. This growth is fueled by advancements in AI & ML technologies, increased biometric & facial recognition adoption, and rising demand for emotion detection solutions across industries.

Gartner Identifies the Top Strategic Technology Trends for 2027

Telstra and Ericsson expand collaboration to accelerate autonomous networks

Cloudflare Expands AI Workspace Partner Ecosystem

Red Hat Expands Hybrid Cloud Portfolio on OCI

Generative Bionics Plans European Humanoid Robot Data Factory

Cye Launches Multi-Agent AI Platform for Cyber Exposure Management

Couchbase Expands AI Data Plane With Bedrock and Agent Memory

Rocket One and VCU Target Low-Power Magnetic AI Computing

Splunk Report Flags AI Agent Monitoring and Cost Risks

Credera and AWS Target Enterprise Marketing AI Transformation

AI in Finance

Retym Secures $75M Series D to Advance AI Infrastructure with DSP Innovation

Brand Engagement Network Partners with Swiss Life for AI-Powered Customer Engagement

Mindwell Solutions Group Holdings Acquires Manifest Technologies Group to Strengthen AI-Powered Accounts Receivable and Debt Recovery Solutions

Cognizant & ServiceNow Launch AI-Powered Dispute Management for Mid-Market Banks

Fermyon & Akamai Partner to Bring Blazing-Fast Serverless AI to the Edge

LinkSquares Unveils Agentic AI for Smarter Contract Lifecycle Management

Treasure Global to Build AI Cloud Platform in Malaysia for Trillion-Scale Models

Datavault AI Joins IBM Partner Plus to Revolutionize AI-Powered Data Monetization

Emotion AI Market to Reach $13.8 Billion by 2032 | 22.7% CAGR

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