PwC Report Highlights AI's Impact on Productivity and Wages
AI is linked to a fourfold increase in productivity growth and a 56% wage premium, according to PwC's 2025 Global AI Jobs Barometer.
Stay up to date with the latest developments in artificial intelligence.
AI is linked to a fourfold increase in productivity growth and a 56% wage premium, according to PwC's 2025 Global AI Jobs Barometer.
FISPAN has raised $30 million in Series B funding led by Canapi Ventures to enhance its embedded ERP banking solutions for mid-market businesses.
JPMorgan Chase's LLM Suite has been awarded the 2025 Innovation of the Year grand prize by American Banker, recognizing its large-scale AI deployment across the bank.
Mixed-Signal Devices has launched a new portfolio of multi-gigahertz timing solutions, offering sub-20 fs jitter and 2 GHz performance, designed for AI, 5G, and aerospace systems.
JustPaid and Scritch have announced a strategic partnership to integrate AI solutions into veterinary practices, automating financial workflows and enhancing client experiences.
Cybernetix Ventures, a Boston-based venture capital firm, announced a $100 million fund to support early-stage robotics and physical AI companies.
Rohirrim has launched RohanProcure, a GenAI platform aimed at modernizing government procurement by automating workflows and enhancing transparency.
Trueflaw Ltd. and EPRI have introduced AI-powered ultrasonic inspection at the Ringhals Nuclear Power Plant in Sweden, marking a first in the nuclear industry.
InterMedia Group of Companies has appointed David Nyurenberg as Senior Vice President, Digital, to drive AI transformation across linear and streaming media.
Resin8 has appointed Shehryar Siddiqui as CEO to lead the launch of its AI-powered industrial asset marketplace, according to a press release. The platform aims to streamline procurement processes in industries such as oil & gas and construction.
Trust3 AI has launched a comprehensive AI trust layer for Snowflake, enhancing reliability and security in Generative AI applications, announced in a press release.
ArisGlobal has announced that a sixth major pharmaceutical company will implement its LifeSphere NavaX for enhanced case processing and pharmacovigilance operations.
Otto Aviation has standardized on Galorath's SEER platform to enhance cost estimation and streamline production for sustainable aerospace initiatives, announced in a press release.
Yoshua Bengio has announced the launch of LawZero, a non-profit organization focused on developing safe-by-design AI systems. The initiative aims to address the risks associated with current AI models.
Vertiv has announced the appointment of Mike Giresi as its new global Chief Information Officer, effective June 30, 2025. Giresi will lead initiatives in AI adoption, cybersecurity, and digital productivity.
Trustifi has raised $25 million in a Series A funding round led by Camber Partners to enhance its AI email security platform.
Linklaters has expanded its use of AI-enhanced case management solutions from Opus 2 to streamline litigation processes.
Twindo has raised €1 million to enhance its field operations platform for renewable energy, with plans to expand into solar energy.
ArcheHealth has raised $6.7 million in seed funding to launch its AI-powered platform aimed at reducing healthcare costs and improving operational performance.
Abnormal AI's latest report reveals that employees in large enterprises engage with malicious vendor emails 72% of the time, highlighting significant security challenges.