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Hexaware Achieves AWS Data and Analytics Competency to Enhance Data-Driven Transformation

PR NewswireMay 14, 2025May 14, 202502 mins

Hexaware, a leading global IT services provider, has been awarded the Amazon Web Services (AWS) Data and Analytics Competency. This prestigious designation recognizes Hexaware’s technical expertise and success in helping enterprises harness the power of data through AWS cloud-native technologies. With an AI-first, cloud-native approach, Hexaware simplifies data modernization, accelerates value realization, and enables enterprises to turn data into a competitive asset.

Coupa Expands AI-Powered Procurement Solutions with Acquisition of Cirtuo

PR NewswireMay 14, 202503 mins

Coupa, the leader in AI-native total spend management, has announced the acquisition of Croatia-based Cirtuo, a trailblazer in AI-powered category management. This strategic move enhances Coupa’s mission to revolutionize autonomous procurement and underscores its commitment to delivering AI-driven solutions that improve productivity, agility, and resilience across procurement functions. With the growing demand for strategic procurement solutions that align with sustainability, risk management, and innovation goals, this acquisition paves the way for the next generation of spend management tools.

Maxis AI Launches Agentic AI to Transform Clinical Trial Efficiency

GlobeNewswireMay 13, 2025May 13, 202502 mins

In a bold step forward, MaxisIT has rebranded as Maxis AI and launched its flagship Agentic AI Platform, marking a new era in clinical development. With the guiding principle “Designed to Think. Built to Act.”, the company is shifting from passive AI assistants to domain-aware agents capable of executing complex clinical trial tasks. The transformation promises faster insights, streamlined processes, and reduced costs for pharmaceutical and life sciences organizations.

TensorStax Raises $5M in Seed Funding to Revolutionize Data Engineering with Autonomous AI Agents

GlobeNewswireMay 12, 2025May 12, 202503 mins

TensorStax, a leading autonomous AI agentic platform for data engineering, has raised $5 million in Seed funding led by Glasswing Ventures, with additional participation from Bee Partners and S3 Ventures. The funding will accelerate the company’s product development and expand its footprint in the rapidly growing field of agentic AI for data engineering. This investment comes at a time when the global market for agentic AI in data engineering is expected to grow significantly, reaching $66.7 billion by 2034, according to Market.us.

Franz Inc. Launches AllegroGraph v8.4 with Enhanced AI-Powered Natural Language Query Interface for Neuro-Symbolic AI Solutions

EIN PresswireMay 12, 2025May 12, 202503 mins

Franz Inc., a pioneer in Artificial Intelligence (AI) and a leading provider of Graph Database technology, has unveiled AllegroGraph v8.4, an advanced release that features an enhanced AI-powered Natural Language Query (NLQ) interface. This update propels the development of Agentic AI by enabling more intuitive, human-like interaction between users and intelligent systems, essential for autonomous agents capable of reasoning, planning, and acting autonomously.

Aligned Data Centers Partners with Lambda to Drive AI Growth with Liquid-Cooled, High-Density GPU Infrastructure

GlobeNewswireMay 12, 2025May 12, 202502 mins

Aligned Data Centers, a leader in technology infrastructure, has announced a strategic partnership with Lambda, the AI Developer Cloud, to provide innovative data center solutions designed to accelerate AI growth. Lambda will occupy Aligned’s cutting-edge DFW-04 facility in the Dallas-Fort Worth area, which is designed to support high-density Graphics Processing Units (GPUs) through advanced liquid cooling technology. This partnership aims to fuel the growing demand for AI deployment and compute capacity.

Language Barriers Pose Significant Operational Challenges for US Enterprises, Says DeepL Survey

PR NewswireMay 12, 2025May 12, 202503 mins

A new survey by DeepL, a global leader in Language AI, highlights the significant operational challenges faced by US enterprises due to language barriers. The survey, which questioned over 1,000 business decision-makers at US companies with over 500 employees, reveals that language barriers hinder global expansion, damage brand reputation, and increase operational costs. The findings underscore the importance of adopting AI-driven language solutions to overcome these challenges as businesses expand globally.

Skymizer Unveils HyperThought: The Next-Gen AI Accelerator for Real-Time, Multimodal Edge AI

PR NewswireMay 12, 2025May 12, 202503 mins

Following the success of EdgeThought, Skymizer’s revolutionary LPU for on-device LLM inferencing, the company has launched HyperThought, its next-generation AI accelerator IP. HyperThought is engineered to meet the increasing demands of real-time, multimodal, and agent-based AI, offering unmatched scalability, performance, and deployment flexibility for developers.

Rafay Systems Launches Serverless Inference to Simplify GenAI Application Development for GPU Cloud Providers

BusinesswireMay 9, 2025May 9, 202503 mins

Rafay Systems, a leader in cloud-native and AI infrastructure orchestration, has announced the general availability of its Serverless Inference offering. This token-metered API allows organizations to run open-source and privately trained large language models (LLMs) without the overhead of managing GPU infrastructure. Rafay’s platform streamlines the AI application development process, offering multi-tenant, Platform-as-a-Service (PaaS) solutions to customers across the growing GenAI market.

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

Generative AI

Hexaware Achieves AWS Data and Analytics Competency to Enhance Data-Driven Transformation

Coupa Expands AI-Powered Procurement Solutions with Acquisition of Cirtuo

Maxis AI Launches Agentic AI to Transform Clinical Trial Efficiency

TensorStax Raises $5M in Seed Funding to Revolutionize Data Engineering with Autonomous AI Agents

Franz Inc. Launches AllegroGraph v8.4 with Enhanced AI-Powered Natural Language Query Interface for Neuro-Symbolic AI Solutions

Aligned Data Centers Partners with Lambda to Drive AI Growth with Liquid-Cooled, High-Density GPU Infrastructure

Language Barriers Pose Significant Operational Challenges for US Enterprises, Says DeepL Survey

Skymizer Unveils HyperThought: The Next-Gen AI Accelerator for Real-Time, Multimodal Edge AI

Rafay Systems Launches Serverless Inference to Simplify GenAI Application Development for GPU Cloud Providers

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