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Atos staves off bankruptcy, casts wider net for refinancing

CIO

In 2023, the company made a net loss of €3.4 billion, compared to a net loss of €1 billion on revenue of €11.3 He’s already won the support of French investment firm Butler Industries. Managed IT Services, Technology Industry billion on revenue of €10.7 billion in 2022.

.Net 264
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

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e& and Huawei Launch Middle East’s First Net-zero 5G Massive MIMO Site

CIO

At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. Massive MIMO technology, the cornerstone of 5G, improves capacity, coverage and user experience.

.Net 264
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Reef.ai is helping companies track and expand net revenue retention

TechCrunch

When it comes to measuring SaaS success, companies look at a number of key metrics, including annual recurring revenue (ARR) and net revenue retention (NRR). We call ourselves a net retention engine, and there’s nothing out there that really focuses on that as a specific goal,” he said. Today, the company announced a $5.2

.Net 233
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Accelerating Industry 4.0 at warp speed: The role of GenAI at the factory edge

CIO

While warp speed is a fictional concept, it’s an apt way to describe what generative AI (GenAI) and large language models (LLMs) are doing to exponentially accelerate Industry 4.0. I am fascinated and passionate about helping manufacturers leverage Gen AI-fueled edge deployments that break through legacy Industry 4.0

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Advanced Ionics nets $12.5M Series A to inject green hydrogen into heavy industry

TechCrunch

Instead, the startup is focused on heavy industry, which represents about a third of global emissions. Hydrogen is one of the main feedstocks for a vast majority of industrial processes,” Mason told TechCrunch+. Which is why Advanced Ionics is a hydrogen company that has nothing to do with transportation.

Industry 216
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Scientists repeat breakthrough fusion experiment, netting more power than before

TechCrunch

The fact that scientists have achieved net-positive fusion power twice should hearten investors , who bet over $4 billion on the industry in 2021 and 2022. While the most recent experiment won’t garner quite as many headlines as the one in December, it’s just as important. A breakthrough is meaningless if it can’t be replicated.

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