Intelligent CIO North America Issue 51 | Page 12

NEWS

Nokia Bell Labs and e & announce R & D collaboration

The MoU includes exploring collaboration opportunities with industry , universities and research centers .
Thierry E . Klein , President of Bell Labs Solutions Research , Nokia , said : “ This engagement between Nokia Bell Labs and e & reflects our commitment to innovating with our customers and partners . By jointly developing applications and use cases that leverage our expertise in responsible AI , software and data systems , we will accelerate the digital transformation that provides new technologies for a safer , more productive and more sustainable future . We look forward to co-creating ground-breaking solutions that can unlock new business opportunities for industrial operations .”

Nokia Bell Labs and global technology group e & have signed a year-long , non-binding MoU for R & D collaboration to create AI-based use cases for strategic industrial sectors .

The goal is to develop responsible AI solutions for sustainable enterprise and industrial automation applications and accelerate innovation concepts toward real world deployments .
Dena Almansoori , Group Chief AI and Data Officer , e &, said : Dena Almansoori , Group Chief AI and Data Officer at e &, said : “ While we realise the immense potential of AI , we also recognise it ’ s imperative to establish robust safeguards to ensure its responsible development and deployment . This approach is the cornerstone of our collaboration with Nokia Bell Labs as we both explore the potential of AI in driving sustainable industrial automation . This partnership reflects our shared commitment to responsible AI and to a more efficient and sustainable future . By leveraging Nokia Bell Labs ’ expertise in AI research and our deep understanding of industrial applications , we are set to explore the development of innovative solutions that address critical challenges facing industries today .”

Infinite Reality acquires Extended Reality ( XR ) leader Zappar

Infinite Reality ( iR ) has acquired Zappar – the premier , London-based XR platform and award-winning creative studio .

Through this $ 45 million acquisition , iR will expand its product portfolio with Zappar ’ s advanced technology suite , including end-to-end XR software , an affordable mixed reality headset and Accessible QR ( AQR ) code solutions .
“ This marks the sixth acquisition for Infinite Reality this year alone ,” said Amish Shah , Co-Founder and Chief Business Officer for Infinite Reality .
“ Zappar ’ s strong European presence and partnerships with global brands align perfectly with our expansion strategy . By integrating their expertise into our portfolio , we ’ re creating a powerhouse of immersive technology that spans continents and industries .”
“ I am thrilled to welcome Zappar to our team ,” said John Acunto , Co-Founder and CEO of iR .
“ We look forward to integrating their incredible technology with the Infinite Reality Studio and our proprietary iR Engine , as well as working with the distinguished staff .”
Zappar will remain headquartered in London , further expanding iR ’ s already strong European presence and enhancing the company ’ s existing team , which currently includes operations in New York , Los Angeles , Paris , Dubai , Cairo and Riyadh .
“ Joining Infinite Reality ’ s trailblazing portfolio empowers us to scale our technology and reach a much wider audience of clients and consumers and further expands our US presence ,” said Caspar Thykier , Co-Founder and CEO , Zappar .
“ With synergies across iR ’ s other subsidiaries , we can leverage our combined expertise to continue shaping the future of extended reality .”
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