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Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster NEW YORK, Oct. 17, 2024 (Korea Bizwire) – Nasdaq (Nasdaq: NDAQ) today [...]

Astec acquires AI fertility product Life Whisperer

FUKUOKA, Japan, Oct. 17, 2024 (Korea Bizwire) – Astec, a global manufacturer of medical equipment for assisted reproduction, has acquired Life Whisperer, a non-invasive and rapid embryo and egg (oocyte) assessment tool designed to improve pregnancy outcomes for IVF patients. Life Whisperer comprises three AI algorithms. Life Whisperer Viability assesses images of embryos to determine [...]

Vicor introduces new high-density automotive-grade power modules

Three new DC-DC converter power modules enable 48V zonal architectures from 800V battery-powered EVs ANDOVER, Mass., Oct. 16, 2024 (Korea Bizwire) – Vicor has released three automotive-grade power modules, delivering industry-leading power density and accelerating the adoption of 48V zonal architectures. The BCM6135, DCM3735 and PRM3735 support 48V power distribution in vehicles, with 800V-to-48V conversion, [...]

Articul8 AI Signs Strategic Collaboration Agreement with AWS to Deliver Generative AI Solutions to Enterprises

SANTA CLARA, Calif., Oct. 16, 2024 (Korea Bizwire) – Articul8 AI (Articul8), a Generative Artificial Intelligence (GenAI) enterprise software company, announced today that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS), with plans to help customers accelerate the development and deployment of GenAI applications in production on AWS. While there has been strong overall interest in GenAI technologies, enterprises are [...]

RENASYS™ EDGE Negative Pressure Wound Therapy System wins Red Dot Award for Design

Smith+Nephew (LSE: SN, NYSE: SNN), the global medical technology company, is proud to announce that its RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System has won the Red Dot Award for Design Concept 2024 in the Medical Devices and Technology Category, recognizing its intuitive pairing of NPWT housed in a patient-friendly design. The Red Dot Awards [...]

DigiAsia Corp. and Digit9 Announce Strategic Collaboration

~ Enhancing Cross Border Payments ~ ABU DHABI, United Arab Emirates and NEW YORK, Oct. 16, 2024 (Korea Bizwire) – DigiAsia Corp. (NASDAQ: FAAS) (“DigiAsia” or the “Company”), a leading Fintech as a Service (FaaS) ecosystem provider, has announced a strategic collaboration with Digit9, the cross-border payments orchestration platform developed by LuLu Money Singapore, a wholly [...]

Cathay Cargo Leveraged Descartes Air Cargo Tracking Solution to Help Support Safe Journey of Giant Pandas

MELBOURNE, Australia and ATLANTA, Oct. 16, 2024 (Korea Bizwire) – Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Cathay Cargo, a global provider of air freight services, leveraged Descartes’ Bluetooth® Low Energy air cargo tracking solution for real-time condition and location monitoring of Giant Pandas An An and [...]

Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion

BOSTON, Oct. 16, 2024 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion. This estimate includes losses due to wind, privately insured estimates [...]

Acronis launches new Cyber Cloud data center in Berlin

The latest Cyber Cloud data center enhances data protection, geo-redundant storage, and regulatory compliance for service provider clients, while empowering MSPs with comprehensive cyber protection solutions BERLIN, Oct. 16, 2024 (Korea Bizwire) – Acronis, a global leader in cybersecurity and data protection, in partnership with IONOS, the leading European digitalisation partner for small and medium-sized businesses, today announced the availability [...]

Sonoco Declares Regular Quarterly Common Stock Dividend

HARTSVILLE, S.C., Oct. 15, 2024 (Korea Bizwire) – The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December 10, 2024, to shareholders of record as of November 8, 2024. According to Howard Coker, President and Chief Executive Officer, this is the [...]