Quantinuum raises US$300m in equity funding

Honeywell has announced the closing of a US$300 million equity fundraise for Quantinuum at a pre-money valuation of US$5bn. The round is anchored by Quantinuum’s partner JPMorgan Chase, with additional participation from Mitsui, Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum since inception to approximately

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Achieve operational excellence by using digital manufacturing

Manufacturing will be transforming faster than ever before in the next few years, writes Guy Denis, business development, Bosch Software and Digital Solutions. As the ninth largest manufacturing nation by the value of GDP, the UK still has global reach and impact. Manufacturers have a desire for change, to reap the benefits of digitalisation and

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IOT Solutions World Congress 2024 connects semiconductor chips to industry

Essential to manufacture computers, smartphones, cars, refrigerators or any electronic device, semiconductors are critical elements in the implementation of the Internet of Things. For this reason, IOT Solutions World Congress (IOTSWC), the leading international event on the transformation of industry through disruptive technologies, will give have a special focus this year on chip designers, manufacturers

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Sonata Software boosts AI adoption with Microsoft Azure integration

Sonata Software in a step to accelerate the adoption of responsible-first AI across enterprises has announced the integration of Sonata Harmoni.AI with Microsoft Azure AI service. This integration complements Sonata’s collaboration with Microsoft Fabric and its position as a Microsoft AI Partner Council member.

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BTI introduces MORAN: The future of flexible network solutions

The Mobile World Congress 2024 kicked off in Barcelona and BTI Wireless, among the 2400 exhibitors, seized the opportunity to unveil its latest product and technological advancements over the four-day event. With a commitment to meeting evolving market demands and driving industry innovation, BTI presented a unique product set to influence both carrier and enterprise networks.

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Why anomaly detection matters

Security measures are vital to defend and protect IoT devices and solutions, writes Pritam Shiravadekar, the product manager for value added services at Wireless Logic. It is natural to focus resource on prioritising breach prevention – everyone wants to avoid breaches – but companies mustn’t neglect detection. If they do, significant damage could be done

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Orange Business and Tēnaka partner to restore coral reefs in Malaysia

Orange Business and Tēnaka, a social business that works to restore and protect marine ecosystems worldwide, have partnered to scale the coral reef restoration in a Marine Protected Area of the Coral Triangle in Malaysia.

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Infineon and Wolfspeed extend silicon carbide wafer supply agreement

Infineon Technologies and Wolfspeed have announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement, originally signed in February 2018. The extended partnership includes a multi-year capacity reservation agreement. It contributes to Infineon’s general supply chain stability and concerns the growing demand for silicon carbide semiconductor products for automotive, solar

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Quantinuum raises $300M in equity funding

Honeywell has announced the closing of a US $300 million equity fundraise for Quantinuum at a pre-money valuation of $5 billion. The round is anchored by Quantinuum’s partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company’s majority shareholder. This investment brings the total capital raised by Quantinuum

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UK government, Glasgow and STAC launch £2.5M smart things hub

The UK government, Glasgow City Council and the Smart Things Accelerator Centre (STAC) have formed a partnership, backed by substantial government investment, to establish Glasgow as a leading smart things and Internet of Things (IoT) innovation hub in Europe.

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SK hynix unveils ultra-high performance memory tech at CES 2024

SK hynix Inc. will be presenting its technology for ultra-high performance memory products at CES 2024. These memory products are expected to play a crucial role in the development of future AI infrastructure. CES 2024 is a tech event scheduled to be held in Las Vegas from January 9 to 12.

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Pairpoint, Deloitte and Nexxiot forge an alliance for global cargo flo

Pairpoint (Vodafone and Sumitomo Corporation’s Economy of Things business), Deloitte and Nexxiot have joined forces to offer digital services that speed up the flow of goods worldwide.

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Kajeet and Carahsoft team up to offer 5G answers to public sector

Kajeet and Carahsoft Technology have announced a partnership. Under the agreement, Carahsoft will serve as one of Kajeet’s public sector distributors, making the company’s internet connectivity and management formulas available to the public sector through Carahsoft’s reseller partners, and NASA solutions for enterprise-wide procurement (SEWP) V, information technology enterprise solutions – software 2 (ITES-SW2) and

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Global carsharing users to reach 269 million by 2027

According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 123.4 million people in 2022 at a compound annual growth rate (CAGR) of 16.9% to reach 269.4 million people in 2027. Berg Insight forecasts that the number of vehicles used

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Viomi Technology elevates water purification to a strategic business unit

Viomi Technology has announced the elevation of its water purification business to a strategic business unit (SBU), aligning with the company’s focus on this sector. The move allows Viomi to use its research and development (R&D) and manufacturing capabilities, reinforcing its dedication to delivering high-quality and sustainable solutions in the water purification industry.

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Scenera to acquire Seoul-Based TnM AI in an undisclosed deal

Scenera has announced that it has entered into an agreement to acquire TnM AI Co. Ltd., a Seoul-based Artificial Intelligence of Things (AIoT) company, for an undisclosed amount. Stemming from the long-time collaboration between the two companies, this transaction furthers their relationship and consolidates their resources to continue creating products and formulas changing the industry.

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