Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics)—a prominent technology consulting and digital services provider specializing in AI, platform and product engineering, and digital engagement services—today announced the launch of an innovative AI-powered engagement model for its software engineering services. This new model is specifically engineered to deliver the next level of agility, quality, and accelerated time-to-market for Fortune 1000 enterprises. Grid Dynamics' innovative ap...
HistoSonics, the manufacturer of the Edison® Histotripsy System, today announced that Highmark Blue Cross Blue Shield has issued four new positive medical policy decisions for the use of histotripsy in the treatment of liver tumors. The decision expands insurance coverage across Highmark’s commercial plans across four states including New York, Delaware, Pennsylvania, and West Virginia, broadening access to HistoSonics’ non-invasive therapy for approximately 7 million members. This press relea...
Esri, the global leader in geographic information system (GIS) technology, is integrating Microsoft Azure OpenAI Service into ArcGIS. This powerful collaboration equips users with all new AI assistants to simplify work with geospatial data, maps, and analytics. In addition, the AI’s natural language interaction will enable users to quickly understand complex spatial problems. By automating spatial analyses, AI-enhanced GIS can enable organizations of all sizes to harness its full power. This ...
Esri, the global leader in location intelligence, has partnered with Dataminr, the leading real-time AI platform, to enhance real-time emergency response for public organizations. Esri’s ArcGIS Basemaps will be integrated into Dataminr First Alert, a real-time critical event discovery solution. Used by public sector organizations around the globe for emergency and crisis response, diplomatic security, infrastructure protection, and more, First Alert will leverage Esri’s ArcGIS Basemaps to impro...
Deutsche Bank and Ant International have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenisation and AI-based FX technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250609586580/en/From Left to Right: Sabih Behzad, Head of Digital Assets & Currencies Transfo...
Stone Point Capital LLC, a private equity firm focused on financial services and related industries, today announced the final closing of its tenth private equity fund, Trident X, with $11.5 billion in total commitments. Trident X exceeded its original target and hard cap of $9 billion and is approximately $2.5 billion larger than Trident IX, a $9 billion fund, which closed in 2022. Trident X received strong support from its existing investor base, as well as first-time commitments from a num...
Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it has been named a 2025 Breakthroughs Innovation Celebration winner by Premier, Inc., a leading health care improvement company. The honor recognizes JOURNAVX™ (suzetrigine), an oral, non-opioid, highly selective NaV1.8 pain signal inhibitor for the treatment of adults with moderate-to-severe acute pain, as a groundbreaking health care technology. “We are honored to be recognized at Premier’s 2025 Innovation Celebration....
PCI Pharma Services (“PCI” or the “Company”), a world-leading global contract development and manufacturing organization (CDMO) focused on innovative biotherapies, today announced that it received a strategic investment co-led by Bain Capital and existing lead investor Kohlberg, and supported with significant reinvestment by Mubadala Investment Company (“Mubadala”). Partners Group will also continue to support the Company with a minority investment. Financial terms of the private transaction we...
