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The Bulletin
5H
Domino's partners with Nuro on autonomous pizza delivery
Domino's is partnering with robotics firm Nuro to develop an autonomous pizza delivery using the custom unmanned vehicle. Known as the R2, Domino's hopes to start unmanned deliveries later this year. It will use Nuro's unmanned fleet to serve select Houston Domino's customers who place orders online. Customers will be provided with a unique PIN code to unlock the compartment to get their pizza.
6H
Arla Foods using AI to predict milk production
The Danish co-operative Arla Foods has developed a new artificial intelligence tool to better predict their milk intake from farmer-owners. Using AI, 200 million kgs of milk can now be utilised better each year making Arla’s value chain even more sustainable, it said. It isbeing implemented in Arla’s markets across Europe, including Germany, Sweden, the UK, Belgium, Luxembourg and the Netherlands.
6H
Blue Prism agrees to buy Thoughtonomy for £80 million
RPA and automation company Blue Prism has agreed a deal worth up to £80 million to buy UK company Thoughtonomy. The company is a cloud-based AI engine that delivers RPA-based solutions on a Software-as-a-Service framework. The deal is made up of cash and stock payments;. Alastair Bathgate, CEO of Blue Prism, said: "I am very pleased to announce this strategic acquisition."
6H
Amazon takes Prime Air fleet to 70
Amazon has announced a partnership with GE Capital Aviation Services (GECAS) to lease an additional fifteen Boeing 737-800 cargo aircraft. These fifteen aircraft will be in addition to the five Boeing 737-800’s already leased from GECAS and announced earlier this year. The aircraft will fly in the United States out of the more than 20 air gateways in the Amazon Air network.
1D
DXC Technology launches Innovation Centre in London
DXC Technology has announced the opening of the DXC Innovation Centre in London. In a statement, it said the facility would enable "the company and its clients to develop and deliver high-impact digital solutions" The London Innovation Centre adds to DXC’s digital network in the UK, which includes a Digital Transformation Centre in Newcastle.
1D
Volvo and NVIDIA to develop AI platform for autonomous vehicles
Volvo has signed an agreement with NVIDIA to jointly develop the decision making system of autonomous commercial vehicles and machines. Utilising NVIDIA’s end-to-end AI platform for training, simulation and in-vehicle computing, the resulting system is designed to safely handle fully autonomous driving on public roads and highways. The solution will be built on NVIDIA’s full software stack.
1D
Sanofi and Google partner around data technologies
Sanofi is to work with Google on a virtual innovation lab. They intend to tap into 'emerging data technologies' that will help Sanofi transform its healthcare services. This will involve leveraging analytics across data sets to better understand key diseases. They will also apply AI technologies to that same data. In addition, Sanofi is to migrate some key applications to Google Cloud.
1D
Facebook to launch Libra digital currency in 2020
Facebook has confirmed it will launch a cryptocurrency called Libra, which will be rolled out in 2020. The first product Calibra will introduce is a digital wallet for Libra, a new global currency powered by blockchain technology. The wallet will be available in Messenger, WhatsApp and as a standalone app. Facebook says it will allow users to send payments to each other at "little to no cost".
1D
Volkswagen to build out dedicated software unit
Volkswagen says it will group 5,000 digital experts within a new software unit. 'Car.Software' will be the division responsible for the development of vehicle software and digital services. All new Volkswagen models will be fitted with the same software. It aims to develop 60% of its software in-house by 2025. "We want to create a powerhouse for the digital car," said a spokesperson.
1D
IBM builds world's most powerful supercomputer for Total
IBM has delivered what it's calling the world's most powerful commercial supercomputer to Total. Pangea III will help Total discover new oil resources and assess revenue opportunities faster than ever before - but it will use less power than Total's legacy system. Pangea III has been built using IBM's POWER9 AI-optimised, high-performance architecture.
2D
Accenture to acquire Deja vu Security
Accenture has confirmed that it is to acquire Deja vu Security, the Seattle-based security specialist. Deja vu Security focuses on design and testing of enterprise software platforms and IoT technologies. It will fall under the Accenture Security umbrella with a focus on cyber defence. Accenture has made a commitment to investing in and innovating next-generation cybersecurity solutions.
2D
Visa claims to have prevented $25 billion in fraud using AI
Visa says it has thwarted $25 billion in fraud by utilising AI. Visa Advanced Authorisation is a tool that monitors transactions on Visa's network using AI tools to identify and respond to emerging fraud patterns and trend. Visa processed 127 billion transactions between merchants and financial institutions last year, and employed AI to analyse all transactions—each in about one millisecond.
2D
Panasonic among backers of robotics firm Linkwiz
Panasonic is throwing money behind Linkwiz, an industrial robotics company. It is supporting an $8 million Series B funding round along with five other firms. Linkwiz develops and sells control system software with proprietary algorithms for industrial robots. "We can provide new value to customers in the manufacturing industry," said Panasonic spokesperson Yasuyuki Higuchi.
2D
AB InBev to open cybersecurity unit in Israel
A world-leading beer maker, AB InBev, is opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks, according to Reuters. Speakign to the news agency, AB InBev's Luis Veronesi said the industry was suffering from increased online attacks. “With increasing digitalization, we have to be prepared to defend against anything coming,” he said.
2D
HR startup Payfit raises $79 million in funding round
The French HR startup Payfit has raised $79 million in a new payment round, taking its total funding to $93 million. The funding round was led by Eurazeo and Bpifrance, with participation from prior investors Accel, Frst, and Xavier Niel. Payfit said it would be using the funds to double the size of its workforce by 2020 and to grow to 1,000 employees by 2021.
2D
Samsung seeks collaborations on blockchain, AI and 6G
Jay Y. Lee, Samsung's vice chairman, has said that the company is seeking platform companies to collaborate with on blockchain, AI and 6G. Its future plans were discussed at an executive meeting last week, according to Bloomberg. The company is seeking new growth opportunities in an increasingly competitive marketplace.
2D
Nvidia to support Arm hardware for supercomputing
Nvidia is now supporting Arm CPUs as it deepens its efforts in supercomputers. It is making its full stack of AI and HPC software available to the Arm ecosystem. Nvidia believes this will enable the scaled development of 'exascale' computers capable of handling enormous workloads. "Supercomputers are the essential instruments of scientific discovery," said Nvidia founder Jensen Huang, pictured.
5D
UiPath to train 750,000 Americans in RPA
Robotic Process Automation (RPA) company UiPath has signed the White House Pledge to America’s Workers, committing to train 750,000 Americans on RPA over the next five years. RPA is one of the fastest-growing segments of automation, with Forrester projecting that the market will reach $2.9 billion in 2021. Other organisations to sign the pledge include Salesforce, Amazon and Deloitte.
5D
Santander and Telefónica to co-launch 5G tech for banking sector
Santander is working with Telefónica on an innovation project around 5G for the banking sector. They have developed a first 5G experience around three use cases in Madrid. The pair hope the initiative will develop 5G solutions for the banking sector. "This agreement with Telefónica responds to Santander's commitment to innovation," said a Santander spokesperson.
5D
Blockchain startups set to enable Ethereum purchases on Amazon
Ethereum could soon be enabled on Amazon thanks to the work of two blockchain startups. Clic Technology and Opporty are combining to launch a browser extension that will allow everyday purchases on Amazon through Ethereum. It will be based on Plasma Cash, a technology outlined last March by ethereum founder Vitalik Buterin.
5D
UK government takes quantum computing investment to £1 billion
The UK government has taken its total investment in quantum computing to £1 billion. The milestone comes as government confirms a £153 million funding boost through the Industrial Strategy Challenge Fund. This has been more than matched by industry, with over £200 million of investment expected from the private sector. The fund is designed to help commercialise quantum computing.
5D
Facebook invests in Indian start-up Meesho
Facebook has made an investment in social-commerce startup Meesho. It represents a milestone for the social media giant as just its second investment in an Indian company. The terms of the deal have not been made public, but a source familiar with the matter told TechCrunch that the capital was “very significant.” Meesho said both it and Facebook share "common goals".
5D
VMware set to acquire Avi Networks
VMware has announced the planned acquisition of Avi Networks. A builder of software that balances application delivery in the cloud or on premise, Avi Networks recently raised $115 million in funding. VMware said the acquisition will help it deliver a broad range of multi-cloud services. Avi's software already integrates with key VMware products.
5D
Big names back Facebook's cryptocurrency
Facebook has received significant external backing for its upcoming cryptocurrency venture, according to reports. More than 12 firms, including Visa, Mastercard, Paypal and Uber, are to each invest $10 million as part of a consortium. The money will fund the creation of the coin, which is likely to be called 'Libra'. It will initially be tied to national fiat currencies to avoid price volatility.
6D
Volkswagen near to self-driving deal with Ford, says CEO
Volkswagen is closing in on a self-driving vehicle alliance with Ford, says its CEO Herbert Diess. Speaking to employees at its Wolfsburg headquarters, Diess said talks are "nearly complete" between the two manufacturers. Volkswagen recently ended its partnership with Aurora, the autonomous vehicles startup. It revealed a Ford partnership around trucks and vans in January.
6D
AWS parters with academia to offer cloud computing degrees
George Mason University and Northern Virginia Community College have teamed up with AWS Educate, announced a bachelor's degree in cloud computing. AWS said it offered students a transfer pathway from a two-year associate’s degree to a four-year bachelor’s degree in the cloud, providing a path to in-demand careers in cloud computing with AWS partners and customers.
6D
IBM leads blockchain pilot for tracking medicine in the US
IBM is collaborating with some big hitters on a blockchain pilot for the United States Food and Drug Administration (FDA). KPMG, Merck and Walmart are joining IBM in creating a blockchain-based platform for identifying and tracing prescription drugs. The network is intended to help reduce the time needed to track and trace inventory as its distributed across the country,
6D
Fintech start-up Revolut launches in Australia
Fintech start-up Revolut is expanding outside of Europe for the first time. The company has confirmed that it is to roll out its service in Australia. It says the opening phase will be a beta phase, during which it will gradually onboard users. There are 20,000 currently on the waiting list in Australia, according to Revolut. The company's Australian HQ is to be situated in Melbourne.
6D
Bird to acquire electric vehicle company Scoot
Bird and Scoot have announced that Bird is acquiring Scoot, the San Francisco-based EV company. Bird and Scoot will offer riders more vehicles featuring the latest technology advancements for the sharing market. Scoot will continue to operate as Scoot, a wholly owned subsidiary of Bird. Prior to the acquisition, Scoot was valued at $71 million with $47 million in funding, said Tech Crunch.
6D
GM backs blockchain startup Spring Labs
Spring Labs has raised $23 million in a fresh funding round. General Motors is among the backers of the blockchain startup. Spring Labs will use the cash to improve its Spring Protocol product while also developing three new anti-fraud products. Other backers in the investment circle included RRE Ventures, Galaxy Digital, Multicoin Capital, The Pritzker Group, and CardWorks.
6D
Monzo set to launch in the United States
Monzo is reportedly set to announce its United States launch plans, according to Reuters. The UK-based digital bank has two million customers in the country who have bought into Monzo's promise of better service than the traditional financial institutions. A mobile-only platform, Monzo first launched in 2015 but is now looking to tap into the fintech market in the US.
7D
Uber and Volvo unveil self-driving XC90 SUV
Uber Advanced Technologies Group and Volvo have unveiled the XC90 SUV, the first self-driving vehicle the two companies have worked on. Uber said the vehicle can be deployed in self-driving mode on its network as part of an autonomous ridesharing service. The XC90 production vehicle has steering and braking system with redundant protection designed for a computer to control.
7D
Wipro partners with Moogsoft to deliver AI for IT operations
IT giant Wipro has partnered with Moogsoft to deliver next-gen AI for IT operations solutions for its customers. It will help customers improve the business availability of IT through unified alert management, root cause analysis, proactive anomaly detection and predictive capabilities. It will enable Wipro to accelerate customers’ digital transformation journey, and deliver increased agility.
7D
Louisville to become Microsoft hub for AI, ML and data science
Louisville will become a Microsoft regional hub for artificial intelligence, IoT, and data science. Louisville will serve as an urban laboratory, and city government will work with education, workforce and business partners to strengthen and diversify the city’s core industries. They will include health care and manufacturing, which face risk of automation from the progression of AI technology.
7D
Facebook to add 500 tech jobs in London by the end of 2019
Facebook is ramping up recruitment in London. It is to add 500 new jobs to help identify and remove malicious content from its site. Around 100 of the roles will specialise in artificial intelligence. By the end of 2019, it hopes to employ more than 3,000 workers across its three sites in London. It is Facebook's biggest engineering centre outside of the the United States.
7D
La Liga fined for GDPR violation
Spanish football governing body La Liga has been fined €250,000 for violating GDPR. It was found that the league's app was using microphones in user's phones to listen out for unauthorised streams of La Liga games in venues. It then used users' GPS to determine where illegal streams were being broadcast. The spy mode was not mentioned int he app's description, according to Tech Crunch.
7D
Legal & General and Amazon build blockchain system for pension deals
Blockchain has found its first use case in the corporate pensions industry. UK-based Legal & General (L&G) has partnered with Amazon and will use AWS Managed Blockchain to manage bulk annuities. The service will be launched outside of the UK and US initially but will eventually be targeted at those markets. Blockchain suits “the long-term nature of annuities business", said an L&G spokesperson.
7D
Posti agrees digital transformation deal with Infosys
Infosys has won a digital transformation contract with Posti, the Finnish postal service. It will modernise Posti's IT applications and infrastructure, moving to a public cloud foundation. Infosys will also help Posti drive initiatives using data utilisation, AI and robotics. "Our capabilities and solutions will help Posti enrich customer experiences," said an Infosys spokesperson.
8D
Visa launches blockchain-based payments network
Visa has gone live with its new B2B payments network built on blockchain. Visa B2B Connect gives financial institutions the power to process cross-border payments in rapid time. First announced in 2016, It is based on Hyperledger Fabric and was developed in conjunction with blockchain startup Chain. Visa is targeting 90 markets by the end of the year.
8D
Apple cancels Danish data centre project
Apple has pulled the plug on plans for a second data centre in Denmark. It had intended to build a new facility at the 700-acre site in Aabenraa. It will focus on expanding its existing facility in Viborg. The first phase of construction on that original data centre is due to be completed later this year. It will be powered by wind and biomass.
8D
Lexmark appoints Tom Eade as CTO
Lexmark has named Tom Eade as the company's new Senior Vice President and Chief Technology Officer. Eade will manage Lexmark's global research and development (R&D) operations. He has been with Lexmark since its inception 1991, serving as VP of firmware and software since 2015. Current CTO Allen Waugerman was recently named the company's new CEO.
8D
Revolut adds Apple support in 16 European countries
The fintech startup Revolut has confirmed that it has made it payment option available to customers in Europe. The new supported markets are: UK, France, Poland, Germany, Czech Republic, Spain, Italy, Switzerland, Ireland, Belgium, Austria, Sweden, Denmark, Norway, Finland and Iceland. Arthur Johanet, product owner for card payments at Revolut, described the move as "a very positive step forward"
8D
Microsoft leads $25 million investment in RapidAPI
Microsoft's venture capital arm M12 has led a $25 million finding round in RapidAPI, which allows developers to search and connect to thousands of APIs. The Series B funding round was also supported by Andreessen Horowitz, Green Bay Capital, and DNS Capital. Tech Crunch said that the company counts 10,000 APIs in its marketplace, which it estimates covers 33% of all publicly available APIs.
8D
AWS announces general availability of Amazon Personalize
Amazon Web Services has announced the general availability of Amazon Personalize. It says it will bring the same machine learning technology used by Amazon.com to AWS customers for use in their applications – with no machine learning experience required. Amazon Personalize is a fully managed service that trains, tunes, and deploys custom, private machine learning models.
8D
Barefoot Networks to be acquired by Intel
Intel has reached an agreement to buy Barefoot Networks, which produces network switch silicon, systems and software. It is a signal that Intel is moving deeper into the enterprise cloud market. Barefoot's data centre interconnects technology will help Intel offer hyperscale cloud, meeting customer demand. Terms remain undisclosed but the transaction is expected to be finalised later this year.
9D
Nokia to bolster its 5G security offering
Nokia has made commitments to improve its 5G security credentials. It is to open a security lab in New Jersey that will help deliver on an enhanced security programme. DFSEC 2.0 will focus on areas like network slicing, SDN security and virtualisation. "Nokia is taking a leadership position in defining and building advanced security solutions," said Nokia Bell Labs CTO Marcus Weldon.
9D
Salesforce to acquire Tableau Software for $15.7 billion
Salesforce is uniting CRM and analytics in a big way with its planned $15.7 billion acquisition of Tableau Software. The all-stock purchase hit the headlines on Monday. "We are bringing together the world's #1 CRM with the #1 analytics platform," said CEO Marc Benioff, pictured. Tableau's groundbreaking platform is used by 86,000 organisations worldwide.
9D
Infosys and Microsoft team up to deliver digital transformations
Infosys has announced a collaboration with Microsoft to deliver smart buildings and spaces. It will be used in the architecture, engineering, construction, facilities management and real estate development markets. Leveraging digital technologies, the solutions aim to improve the lifecycle of building construction and operations, and user experiences of those that manage and work in buildings.
9D
NIke appoints Ratnakar Lavu as Global Chief Digital Information Officer
Nike has announced that Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer, effective June 17. He will report to Eric Sprunk, Nike Chief Operating Officer. Lavu will lead all of Nike’s global technology functions across the enterprise with responsibility for accelerating new digital capabilities for Nike. Lavu most recently was the CTO and CIO at Kohl’s.
9D
FedEx ends air shipping contract with Amazon in U.S.
FedEx has made the strategic decision to not renew the FedEx Express U.S. domestic contract with Amazon. The company said it is to focus on serving the broader e-commerce market. The decision will not impact FedEx delivering for Amazon on a "last-mile" basis, but rather its air services. Amazon has spent considerable funds building its own delivery network in recent years.
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