Synopsys and SiMa.ai Announce Strategic Collaboration to Accelerate Development of Automotive Edge AI Solutions

San Jose, Sunnyvale, Calif., United States:   Synopsys (Nasdaq: SNPS) and SiMa.ai today announced a strategic collaboration to jointly deliver a new solution for automotive companies to accelerate the development of workload-specific silicon and software needed to power artificial intelligence-enabled features in next-generation automobiles. The solution will combine Synopsys’ best-in-class EDA, […]

Biocytogen Announces Adcendo ApS Exercises Antibody Option to Accelerate ADC Development

Beijing, China:    Adcendo exercises its option to utilize Biocytogen’s fully human antibodies to further expand its ADC pipeline for cancers with high unmet medical need This collaboration further validates Biocytogen’s proprietary RenMice® antibody discovery platform, demonstrating its potential to advance innovative therapies for patients […]

Economy

Showing optimism: India’s growth momentum set to accelerate next Fiscal, says World Bank Chief Economist Gill

India’s growth momentum remains strong and is set to deliver significantly higher numbers in the next fiscal year, driven by robust agricultural output and strong private consumption, according to Indermit Gill, Chief Economist and Senior Vice- President for Development Economics at the World Bank Group. Despite recent quarterly growth estimates falling below expectations in the […]

FPT and DENSO Sign MOU to Accelerate Software-Defined Vehicle Innovation

Kariya, Japan:   Global IT corporation FPT and global automotive components manufacturer DENSO signed a Memorandum of Understanding (MOU) to collaborate on advancing software-defined vehicles (SDV).   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212915049/en/   The signing ceremony took place at DENSO Corporation […]

Deploying Balancing Power Could Accelerate India’s Energy Transition and Save €65 Trillion Globally by 2050: New Wärtsilä Report

Mumbai, Maharashtra, India:  Wärtsilä’s global power system modelling, published in the Crossroads to net zero report, compares two pathways from the year 2025 to 2050 with the aim to reduce greenhouse gas emissions and limit global warming, as per the Paris Agreement targets. In the first pathway, only renewables, such as […]

The RD20 and Mission Innovation Leaders Session Accelerate the Global Drive for Clean Energy Transitions

The Leaders Session on the second day of ‘The 6th RD20 Conference’ brought together global policymakers, researchers, and thought leaders to discuss collaborative pathways for clean energy transitions. Hosted by The Energy and Resources Institute (TERI) in collaboration with the Ministry of New and Renewable Energy (MNRE), this is the first time the conference […]

FPT and SDEC Join Forces to Accelerate Digital Economy in Malaysia

Hanoi, Vietnam:   Global technology corporation FPT and Sarawak Digital Economy Corporation Berhad (SDEC), a Malaysian state-owned organization, recently signed a Memorandum of Understanding to accelerate Sarawak’s agenda toward becoming a leading regional digital economy. This pivotal move underscores FPT’s delivery capabilities in the public sector and its commitment to driving […]

Economy

UST signs MoU with Western Sydney University to ‘accelerate agri-tech innovation’

Digital transformation solutions company UST has signed a memorandum of understanding with Western Sydney University (WSU) in Australia to collaborate on advancing agri-tech solutions. The partnership aims to leverage WSU’s research capabilities, domain expertise, and UST’s technology solutions to drive sustainable agriculture and enhance global food security. The MoU was signed at an event held […]

NTT DATA Announces Intent to Acquire Niveus Solutions to Accelerate Global Leadership in Google Cloud

London, United Kingdom:   NTT DATA, a global leader in digital business and IT services, today announced it has signed a definitive agreement to acquire Niveus Solutions, a premier cloud engineering company, specializing in Google Cloud Platform (GCP) services. The acquisition accelerates NTT DATA’s strategy to expand its cloud capabilities to […]

India’s economic growth projected to accelerate in Q3 FY2025: ICRA report

NEW DELHI: India’s economic growth is expected to accelerate in the third quarter (October-December 2024) compared to the first half (April-September 2024) of the current financial year, according to a report by ICRA report. The projection is supported by improved economic indicators and strong sectoral performance, with preliminary November 2024 data showing positive signs.A rise […]