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SAN JOSE, Calif. - Monday, 13. May 2024 Key development contract to jump-start execution of new OEM program (BUSINESS WIRE)--Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions for automotive and smart infrastructure applications, has announced today that it has signed a significant Engineering Services Agreement (the “Agreement”) with its long-term automotive Tier 1 partner and current shareholder, KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276) on May 9, 2024. Under the terms of the Agreement, Koito will provide Cepton with a total of $10 million in engineering services fee for the quarter ended June 30, 2024, to support a major global OEM program that Cepton and Koito have recently secured. The Agreement will fuel Cepton’s customer-specific product development and program execution efforts for its near-range lidar, which is planned to be deployed in the above-mentioned OEM program as well as by ... Read more »
Views: 42 | Added by: africa-live | Date: 05.14.2024 | Comments (0)

(BUSINESS WIRE)--Hai Robotics ("Hai") has joined forces in the inauguration of L'Oréal's SMART Fulfillment Center in Suzhou, China. Located inside Suzhou Industrial Park, this fulfillment center signals Hai's ongoing commitment to support its customers on every step of their warehousing journey with technical expertise, quality service and prompt delivery.

With an area of 46,000 square meters, this fulfillment center houses Hai's essential goods-to-person solution, HaiPick System 1, including 39 HaiPick A42 Multi-Layer Autonomous Case-handling Mobile Robots (ACR), as well as HaiPort and conveyor picking workstations. L'Oréal is now able to handle D2C (direct-to-consumer) orders with elevated flexibility, efficiency and scalability for L'Oréal, without compromising on intelligence and sustainability for its supply chain operations.

"We are delighted to be a part of L'Oréal's warehousing journey ... Read more »

Views: 16 | Added by: africa-live | Date: 05.14.2024 | Comments (0)

Abu Dhabi, United Arab Emirates - Monday, 13. May 2024

Next-Gen Falcon 2 Series launches AI Model that is Open-Source, Multilingual, and Multimodal – and is only AI Model with Vision-to-Language Capabilities
New Falcon 2 11B Outperforms Meta’s Llama 3 8B, and Performs on par with leading Google Gemma 7B Model, as Independently Verified by Hugging Face Leaderboard
Immediate Plans Include Exploring 'Mixture of Experts' for Enhanced Machine Learning Capabilities

The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today launched a second iteration of its renowned large language model (LLM) – Falcon 2. Within this series, it has unveiled two groundbreaking versions: Falcon 2 11B, a more efficient and accessible LLM trained on 5.5 trillion tokens with 11 billion parameters, and Falcon 2 11B V ... Read more »

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(BUSINESS WIRE) -- Alvaria® is pleased to announce the expansion of our partnership with Avaya, a leading provider of enterprise customer experience solutions, to include the Alvaria CX™ platform in our joint delivery of enterprise-scale high performance solutions for omnichannel-compliant outbound customer engagement. Alvaria CX will be available in the Avaya One Source store by the end of May. Alvaria will be demonstrating the Alvaria CX high performance omnichannel outbound campaign capabilities to Avaya customers and partners at Avaya ENGAGE in Denver, Colorado, May 13th – 15th. Alvaria CX expands on the Alvaria capabilities available with Avaya by providing additional compliance options and deployment solutions in the customer environment of choice – on-premises, private cloud, public cloud, virtual private cloud (VPC), hybrid. Omar Javaid, SVP and Chief Product Officer at Avaya, “The pairing of the Alvaria outbound campaign and compliance management tools with Avaya Experience ... Read more »
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Indonesia embarked on an immersive journey into the heart of the east Asian nation as the vibrant spirit of the country took centre stage at the esteemed Raffles Dubai Hotel on May 8, 2024. Organised by The Ministry of Tourism and Creative Economy of the Republic of Indonesia, this exclusive Wonderful Indonesia Night event provided guests an evening of cultural immersion, culinary delights, and fashion extravaganza, with the esteemed presence of Mr. Sandiaga Uno, the Minister of Tourism and Creative Economy of the Republic of Indonesia, adding to the excitement.

The event served as a celebration of Indonesia's rich fashion cultural heritage and culinary diversity, offering attendees a glimpse into the enchanting beauty and flavours of the archipelago. One of the highlights of the ev ... Read more »

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− Takeda to receive exclusive option to license global rights to ACI-24.060, a potential first-in-class active immunotherapy designed to delay or slow Alzheimer’s disease progression− AC Immune to receive upfront payment of $100 million upon closing and be eligible for an option exercise fee and additional potential milestones of up to approximately $2.1 billion− AC Immune to host conference call and webcast today at 8:30 a.m. ET


(BUSINESS WIRE)--Takeda (TSE:4502/NYSE:TAK) and AC Immune SA (NASDAQ: ACIU) today announced an exclusive, worldwide option and license agreement for AC Immune’s active immunotherapies targeting toxic forms of amyloid beta (Abeta), including ACI-24.060 for the treatment of Alzheimer’s disease.

... Read more »

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LUXEMBOURG - Thursday, 09. May 2024

Efficient and transparent access to end-product licences from more than 30 patent owners enables massive adoption of cellular IoT devices

(BUSINESS WIRE) -- A new agreement between Nordic Semiconductor and patent pool administrator Sisvel for the licensing of standard essential patents (SEPs) reading on LTE-M and NB-IoT cellular technology has been announced. The agreement creates a framework for easy and transparent access to the LTE-M and NB-IoT radio technology standards for a diverse range of IoT applications.

Specifically, the initiative provides a simple, efficient way for IoT device makers to obtain end-product licences from more than 30 patent owners holding LTE-M and NB-IoT SEPs, through Nordic as the cellular module supplier.

The agreement addresses the challenges posed by the diversity within the cellular IoT market, in which a multitude of companies - from startups to established corporations - are innov ... Read more »

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PLANO, Texas - Monday, 13. May 2024 AETOSWire Print 

New services aim to streamline Salesforce’s internal application environment

(BUSINESS WIRE) -- NTT DATA, a digital business and IT services leader, has been selected by Salesforce, the #1 AI CRM, to help standardize and streamline the company’s application environment.

NTT DATA will support the management and development of applications across Salesforce’s organization, including its internal instance of Salesforce. The applications span Salesforce Sales, Marketing, Service, Experience, and Commerce Clouds, MuleSoft, Heroku, Slack, and hundreds of third-party and custom apps.

“We love being the experts that the experts turn to and we’re proud of our partnership with Salesforce as a reseller and AppExchange partner. We have a 360-degree partnership that includes go-to-market and now a robus ... Read more »

Views: 13 | Added by: africanewsline | Date: 05.14.2024 | Comments (0)

MELBOURNE, Australia - Monday, 13. May 2024 AETOSWire 

Optiscan signs Know-How agreement with US-based Mayo Clinic to develop new endomicroscopic imaging system
The companies will work together to co-develop technology for use in robotic surgery
Co-development and clinical testing will commence with initial focus on robotic-assisted breast cancer surgery
Mayo Clinic will take a financial interest in Optiscan’s technology

(BUSINESS WIRE) -- Optiscan Imaging Limited (ASX:OIL) (‘Optiscan’ or ‘The Company’) is pleased to announce that it has entered into a collaboration through a know-how agreement with Mayo Clinic to develop a digital confocal laser endomicroscopic imaging system for use in robotic surgery.

The collaboration combines Optiscan’s engineering expertise in digital endomicroscopic hardware and software development with Mayo Clinic’s know-how in robotic surg ... Read more »

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