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Meta announced new tools to help creators connect with community and build their business

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Luwela R.
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Image credit: Meta

Soon, Instagram creators will be able to create their digital collectibles and sell them to followers inside and outside the app.

In a statement, Meta said from creation (beginning on the Polygon blockchain) to showing, and selling, creators will have an end-to-end toolkit. Users can support them effortlessly by purchasing digital collectibles made by their favourite creators directly from Instagram. With the intention of shortly expanding to more nations, Meta is testing these new capabilities with a select group of creators in the US.

Meta is now expanding the types of digital collectibles that creators may display on Instagram to include video, and support is also being added for the Phantom wallet and Solana blockchain in addition to the blockchains and wallets that Meta already supports. Additionally, details such as collection names and descriptions will now be accessible on Instagram for a small number of collections whose metadata has been enhanced by OpenSea.

Meta is making it simpler for users to support their favourite creators throughout Meta’s applications, which help creators develop their community and company.

Meta is increasing access to Instagram subscriptions to all eligible creators in the United States, allowing more creators to generate predictable income and connect more deeply with their most engaged followers. Meta has seen creators like Cole Sprouse (@colesprouse), Alan Chow (@alanchikinchow), and Skai Jackson (@skaijackson) use subscriptions to draw even closer to their most active followers after launching subscriptions earlier this year.

Stars and Gifts

By automatically activating Stars on public creator content, including Reels, Meta is making it easier for people to find Stars on Facebook. This implies that users will be able to learn about and use Stars in more places on Facebook. Meta is testing with a small group of creators around the world.

Meta is offering additional tools for creators who already use Stars to make it easier to earn Stars and connect with Star senders:

  • Bringing Stars Party to Reels. A Stars Party is a Stars community challenge that culminates in a party if the creator meets their goal.
  • A new set of virtual presents suited to certain content is being tested. For example, if you’re viewing a puppy reel from your favourite pet maker, you’ll be able to send a dog-themed gift to that artist.
  • Providing more tools for creators to interact with Stars senders, such as creating a filter in Comments Manager that displays all of a creator’s Stars comments in one spot. Creators will be able to respond to several comments at once on this surface.
  • Adding Stars to non-video public content such as images and text messages.

Meta is introducing presents on Instagram, beginning with Reels, so that creators may earn money from people who enjoy their Reels. Fans may send gifts on Reels by purchasing Stars on Instagram to support their favourite producers. Meta is initially testing this with a small group of creators in the United States, with the intention of expanding to more creators shortly.

Professional Mode for Facebook Profiles

Meta is introducing professional mode for Facebook profiles, a new profile feature that will enable creators worldwide to develop a public presence while still preserving their personal Facebook experience. Professional mode provides creators and those who wish to become creators with a collection of tools and chances to start building a worldwide community from their own profile. Professional mode allows producers to earn money through Stars, commercials on Facebook Reels, in-stream ads, and Reels Play. They will also have access to content and viewership data, as well as educational opportunities, according to Meta.

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New AI Research Could Drive Progress in Medicine and Clean Energy

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DTD
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Image credit: Meta
Media Release by Meta

Today, we announced an AI breakthrough that accelerates protein folding — the process of predicting a molecule’s shape. Our researchers have used it to create a database of the molecular structures of proteins, which are the building blocks of life on earth.

With more than 600 million structures, it’s three times larger than anything before. It’s also the first of its kind to focus on the largely unexplored world of metagenomic proteins.

This new database could help scientists gain insight into the extraordinary diversity of the natural world and make discoveries that could help cure diseases, clean the environment and produce renewable energy. We hope that sharing the database and the AI model used to create it will fuel further scientific progress in this field and improve our understanding of the world around us.

Learn more about our AI model and the biological impacts it could have on our planet.

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University of Toronto partners with Naver, Wattpad on AI research

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Luwela R.
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Namsun Kim, Naver's chief financial officer, and Alex Mihailidis, U of T's associate vice-president, international partnerships, recently met in South Korea to help launch a five-year research partnership Image credit: University of Toronto

The University of Toronto and Naver Corp. — and its subsidiary Wattpad — will partner on artificial intelligence (AI) research to utilise technology to promote human creativity.

Naver will collaborate with the University of Toronto on four research initiatives, from human-computer interface to natural language processing, guided by a collaboration framework agreement. Two of the projects will be undertaken in collaboration with Wattpad, a digital storytelling platform started by University of Toronto alumni and acquired by Naver in early 2021.

The five-year research collaboration was recently announced during a trip to South Korea by senior executives from the University of Toronto’s Office of the Vice-President, International announced the five-year research collaboration during a trip to South Korea.

University of Toronto’s associate vice president, international partnerships Alex Mihailidis said the collaboration with Naver and Wattpad is a groundbreaking corporate collaboration.

“It allows us to pair the support of a Toronto-based business in Wattpad with the global ambitions of their corporate parent, Naver, all while combining two of U of T’s greatest strengths in computing: artificial intelligence and human-computer interaction,” Mihailidis stated.

Mihailidis added that the collaboration is multidisciplinary, multi-party, and multi-year. He said it demonstrates the value of complete expertise, which the University of Toronto is well-positioned to provide.

The research will be led by Anastasia Kuzminykh and Tony Tang of the Faculty of Information and Daniel Wigdor, Fanny Chevalier, Frank Rudzicz, and Gerald Penn of the computer science department in the Faculty of Arts & Science. Naver, one of the biggest companies in South Korea and a global leader in AI research and development, will fund the project.

The projects will deal with one of the most challenging problems in the field: how to build a robust human-computer dialogue architecture and harness the power of social reading and writing technologies while making sure that diversity and fairness are incorporated into AI text recommendations.

“AI is a powerful technology, but its true value is only realized when paired with world-class human-computer interfaces. We are excited to be working with some of the foremost experts in these topics through the partnership with U of T,” Naver AI Lab head Jung-Woo Ha said.

The announcement follows South Korean President Yoon Suk-yeol’s recent trip to the University of Toronto’s St. George campus, where he met with President Meric Gertler and spoke with experts and leaders in the field, including University Professor Emeritus Geoffrey Hinton, about the development and applications of AI.

The event featured lectures on AI research routes and partnerships by South Korean IT businesses such as Naver.

According to Kuzminykh, her research with Naver will look at how various facets of “conversational architecture,” or the form and flow of conversation, influence how individuals perceive and engage with conversational “agents”, such as chatbots and virtual assistants.

“The lack of understanding of these effects, (which are) critical for informing the agent’s speech synthesis, leads to shortcomings in the current human-agent interaction design,” Kuzminykh said.

She observed that the present conversational user interfaces are dominated by transactional transactions that deliver information rather than drawn-out back-and-forth conversations.

“If agents are truly to be communication partners to human users and to provide meaningful input, their operations should support extended conversations, augmenting transactional interactions with social ones used to establish and maintain social relationships,” Kuzminykh stated.

Meanwhile, Rudzicz said that his study with Wattpad will focus on disentangling linguistic information in modern language models to better understand texts’ syntactic, semantic, and rhetorical features within neural networks.

“This will be applied to identify sources of bias in text and in the model, towards more fair machine learning,” Rudzicz stated.

Naver operates many businesses and services, including its eponymous search engine, the Line instant messaging app, the Naver Clova interactive AI engine, and the Webtoon digital comics platform.

Naver paid $600 million US for Wattpad, which was created by University of Toronto grads Allen Lau and Ivan Yuen, in early 2021. Lau told the University of Toronto News at the time that the opportunity to tap into Webtoon’s digital comics audience was a primary motivator behind the acquisition, which he claimed would help take Wattpad “to the next level.”

“We are very excited to partner closely with both U of T and Naver in developing research that will help us provide more innovative experiences to our users,” said Brendan Cone, Wattpad’s head of engineering. “Between Wattpad’s content platform, with millions of stories from diverse voices around the world, Naver’s impressive hyperscale AI technology, and U of T’s comprehensive AI expertise, we hope to help our users find and create more of the content they love.”

According to Patrycja Thompson, U of T’s partnerships officer and the lead on the Naver relationship, the partnership will provide considerable training opportunities for graduate and postdoctoral students.

“We hope that both Naver and Wattpad see this partnership as a launchpad to a long-term relationship with the university and will continue to leverage U of T innovations to further support their missions to empower human creativity,” Thompson added.

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Can robots and AI help address the world’s food security issues?

By
DTD
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Image credit: University of Sydney
Media Release by University of Sydney

Agricultural robotics expert Professor Salah Sukkarieh will this week address the United Nations on the role of agricultural robotics in improving global food security.

Ending global hunger has long been a critical goal for the global community. When the United Nations’ Sustainable Development Goals were released in 2014, ending hunger, food insecurity and all forms of malnutrition formed SDG2.

Though there has been some progress in the fight against hunger – ongoing conflicts, climate change, economic downturns and the COVID-19 pandemic have been major barriers to achieving SDG2. As of 2020, according to the UN, 720 and 811 million people globally faced hunger, and current estimates suggest that 660 million people may still face hunger in 2030. 

Professor Salah Sukkarieh, a robotics engineer at the University of Sydney’s Australian Centre for Field Robotics, will this week speak at the United Nations Food and Agriculture Organization’s (FAO) Global Conference on Sustainable Plant Production in Rome (2-4 November).

Co-chairing the conference’s Mechanization and Digitalization session, he will discuss how agricultural robotics and AI can support nutrition security and increase productivity and yields, drawing on his team’s development of autonomous agricultural robots that have been designed to improve food security in the Asia-Pacific.

The team has developed Digital Farmhand, a small, autonomous, electric tractor-like vehicle can assist smallholder farmers to improve their productivity and yields.

“It’s projected that APAC will need to increase food production by up to 77 percent to feed its communities by 2050. Bold steps must be taken to accelerate progress towards addressing the major drivers of food insecurity, malnutrition, and equal access to food – as well as drive smart solutions that give back power to local farmers,” said Professor Sukkarieh. 

“Our Digital Farmhand robot is designed to assist smallholder farmers to improve their productivity and yields and, ultimately, provide a more reliable income amidst changing markets and climates. In its simplest form the Digital Farmhand is a small, autonomous electric tractor-like vehicle that can tow a variety of implements such as seeders, weeders and bed preparation tools, and can undertake precision automation of many labour-intensive farm tasks, like weeding, spraying and seeding.”

“Digital Farmhand can also use accessible smartphone technologies along with AI to provide crop analytics such as yield estimation or pest and disease identification.”

Professor Sukkarieh’s team is looking to build a localised, modular version of Digital Farmhand using materials that can be readily sourced within the APAC region, including electric/petrol scooter parts, making maintenance easier for communities. They are also developing open-source artificial intelligence packages for smartphones which can be easily accessed in the APAC. 

“Our studies and fieldwork have found that the issues concerning smallholder farmers in the APAC are no different to those in Australia, so we believe the technology can provide the same benefits. However, it is the economics of introducing the technology that requires different solutions.”

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Fujitsu delivers Quantum-Inspired Digital Annealer for research center at Chung Yuan Christian Center in Taiwan

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DTD
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Image credit: Fujitsu
Media Release by Fujitsu

Fujitsu Limited and Fujitsu Taiwan Ltd. today announced that Fujitsu Taiwan will participate in the “Quantum National Team” of the Taiwan Ministry of Science and Technology and provide Fujitsu’s Quantum-Inspired Digital Annealer technology on the cloud to the Digital Annealer Quantum Information Center established by Chung Yuan Christian University, from November 1, 2022.

The Quantum National Team project is expected to receive investment from the government of Taiwan of $8 billion Taiwan Yuan (approximate 250 million USD) between 2022 and 2026 to promote research and development of quantum science and technology in close cooperation with industry, government, and academia. Supported by the project, Chung Yuan Christian University established the Digital Annealer Quantum Information Center to undertake a five-year research project labeled “Application of Quantum Computing in Optimization and Finance.”
Fujitsu Taiwan will support research and development by providing Fujitsu’s Quantum-Inspired Digital Annealer on the cloud.

About the Digital Annealer Quantum Information Center

  • Location: Taoyuan City, Taiwan (on the campus of Chung Yuan Christian University)
  • Date of Establishment: April 21, 2022
  • Overview: Advanced research and development on quantum computing technologies and applications based on the following three themes
    1. Studies on the solution of combinatorial optimization problems
    2. Utilization in the financial sector
    3. Application to material development in the chemical field

Fujitsu’s Digital Annealer is designed to solve large-scale combinatorial optimization problems at speeds not possible with current conventional computing technologies. The hardware of the Digital Annealer technology is based on semiconductor technology, and as it operates stably at room temperature, it can help to reduce maintenance costs and can be easily integrated with other existing systems while delivering quantum-like capabilities. Digital Annealer is one of the key elements of Fujitsu’s Computing as a Service (CaaS), a service portfolio launched by Fujitsu in Japan on October 25 to deliver customers access to world-leading computing technologies via the public cloud to the Japanese market, with global roll out to follow in fiscal 2023.

Fujitsu will further provide professional consulting services to lower the barrier of the use of its Digital Annealer technology and support its application in various areas including academic experiments and advanced product research and development.

As part of its broader strategy for computing technologies, Fujitsu plans to offer CaaS services to a wide range of customers, including educational institutions, the public sector and private enterprises, to cultivate professionals who can apply these advanced technologies to society to help customers in various fields and industries create new value and solve societal issues.

Fujitsu’s Commitment to the Sustainable Development Goals (SDGs)

The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030.
Fujitsu’s purpose — “to make the world more sustainable by building trust in society through innovation” — is a promise to contribute to the vision of a better future empowered by the SDGs.

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Luno, Checkout.com to offer new payment option for cryptocurrency assets

By
Luwela R.
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0
Image credit: Medianet

Luno, the global cryptocurrency app, announced a partnership with Checkout.com, providing clients with a new payment option.

Starting today, Australian customers can quickly purchase crypto assets using their credit or debit cards, as well as Apple Pay and Google Pay, offering an alternative to the current Bank Transfer and Instant Deposit using PayID payment options.

According to Luno, customers can expect the most payment alternatives compared to any other platform on the market. With the addition of Checkout.com to Luno, users will be able to pay with their credit cards and will be subject to a 1.5 per cent card processing cost, which is one of the lowest on the market – a 2 per cent brokerage fee will still apply on all transactions.

Card transactions need 3D Secure verification via one-time payment (OTP), in line with Luno’s security measures across the platform, guaranteeing that users can confidently make app purchases.

“The addition of instant buy is one of many product enhancements from Luno Australia designed to widen access to crypto assets in the market. Luno’s 1.5% card processing fee is comfortably one of the cheapest rates on offer. Coupled with a now extended range of payment options, customers have unrivalled access to faster, easier and more familiar ways to get started with cryptocurrency,” Australia Country Manager James Logan said.

Logan stated that as part of Luno’s continued commitment to making cryptocurrency purchases secure and simple for everyone in Australia. Logan added that customers would soon be able to take advantage of bundles, repeat purchases, and new coins, with Cardano and Solana being added to the platform.

“Australia has one of the highest rates of cryptocurrency adoption in the world and we’re excited to partner with Luno to make digital assets more accessible across the region. By powering more payment options for Luno customers, we are helping to support adoption and greater ease of use of cryptocurrencies for everyone,” said Ashley Paulus, Senior Global Director of Customer Success for Crypto at Checkout.com.

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MetaDesign is Red Dot: Agency of the Year 2022

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DTD
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Image credit: Red Dot

MetaDesign is Red Dot: Agency of the Year 2022

Media Release by Red Dot

Having positioned itself as a creative brand consultancy, MetaDesign has been assisting companies in all brand-related matters since it was founded in 1979. These include brand design and employer branding, the development of digital products and services as well as in-store experiences and experiences at trade fairs or exhibitions. The agency now has approximately 300 employees in seven locations on three continents and is part of the global communication network Publicis Groupe.

MetaDesign has received this year’s honorary title ‘Red Dot: Agency of the Year’ in recognition of its consistent creative achievements at a very high level.

Announcement and award at the Red Dot Gala
The Red Dot Gala celebrations held in honour of the winners of the Red Dot Award: Brands & Communication Design on 28 October 2022 in the Konzerthaus Berlin provided the backdrop for recognising the Red Dot: Agency of the Year 2022 in an official capacity.

The award ceremony culminated in Daniel Leyser, Global CEO of MetaDesign, accepting the Stylus trophy from Jochen Schleier, Chief Creative Officer at last year’s recipient of the title, denkwerk, in front of the international guests. The agency celebrated the success with roughly 30 employees on stage at the Konzerthaus. “We are delighted to receive the title of honour ‘Red Dot: Agency of the Year 2022’ and of course we are also thrilled about our individual distinctions for our projects with AOK, Henkel and Liebherr. Winning the title of agency of the year is a wonderful acknowledgement of our more recent work”, said Daniel Leyser on receiving the title. “Firstly, I would like to thank our clients for the trust they placed in thus and secondly in particular our 300 employees around the world, who displayed a consistently excellent performance during a time that was challenging in many ways. These are the people who think, feel, develop, and refine brands every day and do everything to make our customers successful. It is a real privilege for me to work with and for this team, and I look forward to everything still to come”, continued Leyser.

Creativity with the power to change
The MetaDesign team works in the seven locations in Beijing, Berlin, Düsseldorf, Lausanne, New York, San Francisco, and Zurich. As a creative brand consultancy, they work on the successful market positioning and brand development of leading international companies as well as for SMEs, public-sector organisations, and NGOs.

MetaDesign has more than 40 years of experience of this work in the creative sector. Typographer Erik Spiekermann founded the design office in 1979 together with three partners in Berlin. He headed up the agency until his departure in 2001. MetaDesign has been part of Publicis Groupe since the mid-2010s. Customers such as AOK, Porsche, Heidelberg Materials, Didi Chuxing, Henkel and MediaMarkt all benefit from the agency’s extensive expertise and experience.

Congratulations from Red Dot CEO Professor Dr. Peter Zec
“MetaDesign has succeeded in assisting brands with their long-term positioning for over four decades. This consistently successful work with the big German and international brands, which has been particularly creative in recent years, is deserving of the top title in the Red Dot Award: Brands & Communication Design. Congratulations to MetaDesign on being named Red Dot: Agency of the Year 2022”, announced Professor Dr. Peter Zec, founder and CEO of Red Dot.

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Tencent Cloud Named in 2022 Gartner® Magic Quadrant™ for Cloud Infrastructure and Platform Services

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DTD
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Image credit: Tencent Cloud
Media Release by Tencent Cloud

Tencent Cloud today announced that it has been recognized as a Niche Player in the 2022 Gartner Magic Quadrant for Cloud Infrastructure and Platform Services (CIPS). This is the third consecutive year for Tencent Cloud to be named in Gartner Magic Quadrant.

Gartner Magic Quadrant for CIPS evaluates vendors in infrastructure as a service (IaaS) and integrated platform as a service (PaaS) offerings. The evaluation criteria analyze the vendor’s strengths and cautions in its Executive Ability – encompassing product and service, overall viability, sales execution and pricing, market responsiveness, market execution, as well as customer experience and operations; and Completeness of Vision – which considers market understanding, marketing strategy, sales strategy, offering and product strategy, business model, vertical and industry strategy, innovation, and geographic strategy.

We believe Tencent Cloud’s recognition as a Niche Player in the Magic Quadrant is attributed to its focus on serving multinationals in China or Chinese multinationals expanding overseas, as well as its investments in network capabilities to support the low latencies required for gaming workloads along with low-code platforms, video on demand, security, database and virtual video meeting services.

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “We are pleased to once again be recognized by Gartner in its Magic Quadrant for CIPS for three consecutive years, We believe this is proof and testament to our mission of constantly evolving and improving for the benefit of our customers and clients.”

Tencent Cloud now operates in 26 regions and 70 availability zones worldwide, underlining its commitment to IaaS cloud infrastructure global deployment. In 2021 and early 2022, Tencent Cloud added new availability zones in Hong Kong, Singapore, Jakarta, Bangkok, Tokyo, Frankfurt and Sao Paulo. Furthermore, Tencent Cloud CDN has over 2,800 CDN nodes across more than 70 countries and regions.

Tencent Cloud was recently recognized as a Representative Vendor in Gartner Market Guide for Communications Platform as a Service (CPaaS). Earlier this year, Tencent was recognized as a Challenger in 2022 Gartner® Magic Quadrant™ for Cloud AI Developer Services. Tencent Cloud has also grabbed the top spot in the Communications Platform as a Service Market in China by Revenue for 2021 from the 2022 Gartner® report “Market Share: All Software Markets, Worldwide, 2021”.

In addition, Gartner has also placed Tencent as having the largest market share in China in the CRM space based on the Market Share report in 2021.

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RSI modernises core banking systems, reduces energy consumption with a hybrid cloud approach from IBM and Red Hat

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Luwela R.
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Image credit: IBM

Rural Servicios Informaticos (RSI), a Spanish banking IT services provider, and IBM announced a collaboration to modernise RSI’s core banking platform with hybrid cloud technologies and industry experience from IBM and Red Hat.

In a statement, IBM said the partnership intends to extend RSI’s ecosystem of partners while expanding its digital product and service offerings as it develops its business for a digital-first generation.

Caja Rural Group, one of Spain’s biggest banking companies with a network of over 46 cooperative banks and Rural Financial Entities, uses RSI for core banking services. The banking platform at RSI is in charge of serving 8 million end-user users and processing 5 billion transactions every year.

Under the agreement, IBM Consulting will collaborate closely with RSI to build its hybrid cloud strategy, which will assist the banking IT group’s digital transformation initiative known as “Cloud Office,” and support shifting core workloads to the cloud. A key aspect of RSI’s business plan is updating its platform into a hybrid cloud architecture so that digital channels and applications can run securely across any technology environment. This will assist enhance operational efficiency and encourage innovation while implementing higher levels of security and meeting industry regulatory compliance standards.

As legal and compliance requirements grow, customer demand for digital banking services rapidly expands. To remain competitive and improve customer experience, RSI is updating its technological infrastructure and applications. The bank will combine IBM Cloud for Financial Services with the resiliency of IBM® z16TM and Red Hat OpenShift, an industry-leading enterprise Kubernetes platform, to create a highly secure environment that will enable RSI to manage mission-critical data, services, and workflows for its clients across multiple platforms.

“IBM has become a key player in the development of RSI’s digital capabilities, due to its deep understanding of the financial sector and its insight into RSI resulting from many successful years of joint collaboration. Together we will combine our new technological infrastructures into an open hybrid cloud operating model that helps us advance deploying our technology evolution plan,” RSI CEO Carlos Cervero said.

According to IBM, RSI will adopt IBM Cloud for Financial Services and become a member of IBM’s Multi-Cloud Zone Region (MZR) in Spain to help ensure the platform meets the country’s Financial Services laws. The IBM Cloud for Financial Services includes built-in security and compliance controls to assist businesses in managing regulatory constraints that impede the IT landscape and application modernisation. The platform, supported by a growing community of more than 125 technology partners and FinTechs, is meant to accelerate financial institution changes while reducing third- and fourth-party risks along the supply chain.

Financial fraud is an industry concern that RSI and its clients are addressing front on. Because of its integrated on-chip AI accelerator, the new IBM z16TM is designed to enable RSI to analyse transactions in real time at scale, detecting and preventing financial crime more efficiently. The IBM z16 was developed with energy efficiency, allowing RSI to achieve higher performance while using less energy. The bank may experience a 25 per cent reduction in infrastructure energy use and a 25 per cent reduction in heat dispersion. This could minimise CO2 emissions and help them meet their Sustainability targets.

RSI will use Red Hat OpenShift to design, deploy, and execute cloud-native apps to provide a more uniform experience wherever it is deployed – in the cloud, on-premises, or at the edge. This will improve efficiency, flexibility, and time-to-market in creating, operating, and maintaining the company’s more than 176 essential business applications.

RSI and Red Hat have a long history of working together. RSI will run this project on Red Hat Enterprise Linux, the world’s premier enterprise Linux platform. RSI’s existing automation strategy will strengthen this digital transformation initiative with Red Hat Ansible Automation Platform throughout its infrastructure and operations. RSI has not only reduced delivery time but has also reduced error rate by utilising Ansible Automation Platform.

“With cyber risks and regulatory fines dominating headlines, IBM has led in the creation of an industry-specific secured cloud. The controls built into IBM’s cloud platform are informed by the industry and aim to help RSI and banking institutions across the world protect highly regulated workloads and address the requirements of regulators. We help our clients address third- and fourth-party risk, and execute transactions more efficiently,” said Hillery Hunter, General Manager, Cloud Industry Platforms & Solutions, CTO, IBM Cloud.

Red Hat’s country manager for Spain and Portugal Julia Bernal stated that Red Hat’s open-source technologies give RSI a solid platform for driving digital transformation of its banking solutions.

“We are pleased to further enable RSI’s core banking platform on Red Hat OpenShift on IBM Cloud for Financial Services, building on our existing support through Red Hat Enterprise Linux and Red Hat Ansible Automation Platform to streamline operations and accelerate innovation within the financial sector. We look forward to our continued collaboration with RSI and IBM Spain in delivering digital-first banking services in the region,” Bernal added.

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Sierra Space and IBM Collaborate on the Next Generation of Space Technology and Software Platforms

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DTD
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Image credit: IBM
Media Release by IBM

Sierra Space, a leading commercial space company at the forefront of creating and building the future of space transportation and infrastructure for low-Earth orbit (LEO) commercialization and IBM, a technology leader within the space industry going back to the earliest days of the U.S. space program, today announced the signing of a new Memorandum of Understanding (MOU). Together, Sierra Space and IBM plan to work to develop the next generation of space technology and software platforms across Sierra Space’s range of space vehicles and infrastructure.

The MOU outlines the companies’ plans to integrate IBM’s technology to coordinate the tasks and workload of Sierra Space astronauts through the company’s data analysis and collection technology. In addition, IBM plans to support Sierra Space through its journey of building a seamless technology platform in space, which both envision as a first-of-its-kind, comprehensive platform to effectively service the cloud in space and drive mission operations – all while supporting development of new applications for commerce, research, tourism and more.

“Sierra Space is leading the design, development and operations for the future of commercial space and infrastructure,” said Sierra Space CEO Tom Vice. “Through this planned agreement with IBM, we will leverage the full depth of its industry expertise and innovative technology portfolio to evaluate and support unique in-space challenges we will face as we build the future of commercial space. Effective Hybrid Space Platforms will allow us to derive previously untapped value from the growing quantities of data generated in space. Together, we will leverage secured AI to drive new capability for Sierra Space, IBM, the broader orbital ecosystem, and the new space economy.”

“IBM is committed to re-invigorating approaches to science and innovation to meet today’s biggest challenges. Collaborating with a leader like Sierra Space will support the growth of a more robust space economy in low-Earth orbit and beyond,” added Naeem Altaf, CTO IBM Space. “There is unlimited potential for humanity’s future in space. We see Sierra Space as a core leader and collaborator in advancing that vision. In this envisioned – but secured – environment, collaborators and partners will be able to innovate, co-create, and co-operate together at scale in a way that drives mutual benefit for the space industry as a whole. As we progress, IBM looks forward to working with Sierra Space across a range of initiatives to accelerate new and innovative possibilities for LEO and the new space economy.”

IBM’s technology platform would facilitate Sierra Space’s efforts for automating business operations to achieve better performance, automate IT operations to deliver actionable insights, automate application and data flows to improve client experiences, automate networks to deliver zero-touch operations, and generate deeper insights into threats, orchestration actions and automate responses.

The proposed joint work is also expected to drive a single, unified, and flexible distributed computing environment where users can easily build and modernize applications, make data AI-ready, and integrate and orchestrate workloads (across multiple environments and vendors) for flexible, secured, and open operations. The companies are discussing development and deployment of these abilities terrestrially and/or in space, in addition to offering support for ongoing operations and management of Sierra Space’s technologies.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

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