article thumbnail

Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos may have won a few extra months to find a long-term solution to its financial problems after reaching interim agreements with banks, bondholders, and the French government to provide €450 million (US$490 million) in additional liquidity. In 2023, the company made a net loss of €3.4 billion on revenue of €10.7 billion in 2022.

.Net 105
article thumbnail

Electric car company Polestar is going public via SPAC

The Verge

By merging with a company backed by billionaire and “ serial SPAC backer ” Alec Gores and investment bank Guggenheim Partners, Polestar says it will have an “enterprise value” of $20 billion. Polestar is the latest EV company — and futuristic transportation company — to go public via a reverse merger with a so-called “blank check” company.

Company 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ascent B2B IT Forum – Machine Learning: How Artificial Intelligence is Invading the Enterprise

The Investing Edge

On Tuesday night at our B2B IT Forum on machine learning, our moderator, BBJ executive editor Doug Banks, began by asking our panelists from Nara Logics , Luminoso , Zaius , and RapidMiner , a simple question: what’s the difference between machine learning and AI? jobs by 2025.

article thumbnail

The Future Is Hybrid Data, Embrace It

CIO Business Intelligence

In fact, the total amount of data is expected to nearly triple by 2025. Regions Bank deployed their Cloudera based data fabric as the foundation to their new data products, resulting in better customer experience, increased efficiency, and $10+ million per year in retention savings.

Data 97
article thumbnail

How Melinda French Gates’ fortune has ‘transformational potential’ to boost women’s equity

GeekWire

Recipients include: Till Financial , a platform for helping kids learn about savings and banking. The group set a goal of doubling the number of Black, Latinas and Native American women earning computing degrees by 2025, guided by their research results. Neolth , a startup providing mental health care for students. Getting loud.

Nonprofit 122
article thumbnail

Every Data-first Modernization Strategy Should Start with “Why?”

CIO Business Intelligence

KPIs such as customer loyalty and satisfaction (net promoter scores), citizen engagement, recurring purchases, digital revenue streams, or even productivity (if aimed at internal personas) typically emerge as quantitative ways to measure your effectiveness under the umbrella of this agenda. The Digitization Agenda.

Strategy 143
article thumbnail

List of the world’s top female futurists (Update #5)

Trends in the Living Networks

Her experience in a variety of industries from banking to consulting to energy has led her to teach futures thinking, design award-winning employee engagement strategies for large corporates, and build a number of organizations. Her clients range from industries such as retail to telecom, banking to manufacturing, FMCG and real estate.

Study 148