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New Centre of Digital and AI Excellence inaugurated at KL University
New Centre of Digital and AI Excellence inaugurated at KL University

The Hindu

time6 days ago

  • Business
  • The Hindu

New Centre of Digital and AI Excellence inaugurated at KL University

KL Deemed-to-be University and WebileApps India Private Limited, a subsidiary of KFin Technologies, inaugurated a Centre of Digital and AI Excellence (CODE) on Friday. The initiative aims to strengthen industry-academia collaboration and foster innovation in digital technologies and artificial intelligence (AI) on the university campus. CODE is designed to give KL University students hands-on exposure to real-world industry applications of digital and AI technologies, effectively bridging the gap between academic learning and industry demands. Speaking at the launch, WebileApps CEO Nazish Mir said: 'With CODE, we aim to transform Vijayawada into a hub of digital and AI excellence. This initiative is expected to generate over 1,000 high-skilled technology jobs and create a pipeline of industry-ready talent.' KFin Technologies Group CEO Sreekanth Nadella said that the partnership with KL University was rooted in long-term value creation for students and stakeholders. 'By embedding industry exposure into education, we are creating a scalable, sustainable talent model,' he said. The CODE initiative integrates an industry-orientated curriculum with real-time learning experiences, which facilitate the development of market-relevant skills in AI and digital domains. Mr. Nadella also highlighted the strategic focus on Vijayawada, citing its rich talent pool, robust infrastructure, and excellent connectivity. He added that a planned rollout of WAI CODE will be fully embedded into the university's academic framework. KFin Technologies is an investor and issuer solutions provider across mutual funds, pension funds, insurance investments, and corporate issuances. The company serves global asset managers across Malaysia, the Philippines, Singapore, Hong Kong, Thailand, and Canada. WebileApps, originally a web development firm, has evolved into a multi-domain technology partner serving global clients. With a strong focus on AI, FinTech, and retail, the company offers full-cycle product development services, leveraging over a decade of experience in discovery, engineering, and execution. KL University Vice-Chancellor G. Pardha Saradhi Varma and others were present at the event.

Call of Duty supports Still Serving Veterans with a significant annual grant
Call of Duty supports Still Serving Veterans with a significant annual grant

Yahoo

time21-05-2025

  • Business
  • Yahoo

Call of Duty supports Still Serving Veterans with a significant annual grant

HUNTSVILLE, Ala. (WHNT) — A surprising partnership between a popular video game and local non-profit Still Serving Veterans has helped the organization provide several services for over a decade. 'It just takes 1 or 2 people to believe in you,' Ethan Fitzgerald, marketing director at Still Serving Veterans, said. 'And how cool is it that the video game Call of Duty, you know, is supporting a humble nonprofit in Huntsville, Alabama, which is also very synonymous with supporting veterans.' Big Bob Gibson Bar-B-Q brings home 13th first place title after Memphis in May competition The Call of Duty Endowment, or CODE, provides grants to organizations helping veterans find high-quality jobs, and SSV is one of only 8 U.S. non-profits that receive a grant. Still Serving Veterans gets $1 million from CODE annually that goes directly to its Veteran Career Transition program. 'That Call of Duty money is just a lifesaver,' Fitzgerald said. 'It's quite literally changed the lives of veterans every single year.' SSV's Veteran Career Transition program helps vets with all things job search: from resume building and interview preparation to salary negotiations and check-ins months into the new role. The non-profit said there has been significant success. 'That funding allows us to hire veterans to help veterans,' Fitzgerald said. 'If you think about counseling appointments and stuff like that, there's usually a charge for that. You know, we're basically, you know, taking that off the table for the veteran. They don't have to pay for anything.' Marshall County Schools breaks ground on multi-million-dollar elementary school CODE's website announces achievements from more than 150,000 veteran job placements to date, with a 90% retention rate within the first six months of a veteran starting a new job. While SSV is very grateful for the funding dedicated to its Veteran Career Transition Program, the non-profit notes some of its other programs that are in need of such financial support: its VA Benefits and Resource programs. 'Unfortunately, the endowment doesn't cover that,' Fitzgerald said. 'So we always are raising money to try to support those other two programs, looking for grants, looking for sponsors and and the people who donate 5 to $10 a month. Those grassroots donors that keep our other programs alive are super important.' For more information on how to donate, visit their website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Texas Gov. Greg Abbott admonishes City of San Marcos for proposed Israel-Palestine resolution
Texas Gov. Greg Abbott admonishes City of San Marcos for proposed Israel-Palestine resolution

Yahoo

time30-04-2025

  • Politics
  • Yahoo

Texas Gov. Greg Abbott admonishes City of San Marcos for proposed Israel-Palestine resolution

The Brief Gov. Abbott is admonishing the city of San Marcos over a proposed resolution concerning Israel and Palestine Abbott says his office is reviewing active grants with the city to determine whether it has falsely certified compliance with state law Abbott says the resolution seems "calculated" to violate Texas law prohibiting government entities from supporting efforts to boycott, divest from, and sanction Israel AUSTIN, Texas - Texas Gov. Greg Abbott is admonishing the City of San Marcos for a proposed resolution concerning Israel and Palestine. Abbott sent a letter on April 29 to Mayor Jane Hughson about the proposed resolution. What we know The San Marcos City Council recently held a discussion about a possible resolution "calling for the immediate and permanent ceasefire in occupied Palestine, an arms embargo on Israel, recognition of Palestinian sovereignty, and the protection of constitutional rights for all people under national and international law." The city council voted to put the resolution to a formal vote at their next meeting on May 6. What they're saying In the letter, Abbott called it a "pro-Hamas resolution". "Israel is a stalwart ally of the United States and a friend to Texas. I have repeatedly made clear that Texas will not tolerate antisemitism. Anti-Israel policies are anti-Texas policies," Abbott says in the letter. Abbott's letter reads: "In Texas, no governmental entity may enter into a contract worth $100,000 or more unless it includes a "written verification" that the contracting entity "does not boycott Israel" and "will not boycott Israel during the term of the contract." TEX. GOV'T CODE § 2271.002. A "governmental entity" includes a political subdivision, like the City of San Marcos. Id. §§ 2251.001(3), 2271.001(3). And to "boycott Israel" means "refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel …" Id. §§ 808.001(1), 2271.001(1)." Abbott says that San Marcos's proposed resolution seems "calculated" to violate Texas law by calling for the city to "limit its commercial relations with Israel". What's next Abbott says that his office is already reviewing active grants with the city to determine whether it has falsely certified compliance with Texas law. Also, Abbott says that if the city moves forward with the resolution, his office will not "enter into any future grant agreements with the City and will act swiftly to terminate active grants for non-compliance." Abbott adds that he will further direct all other state agencies to review agreements with the City for possible breach. Read Abbott's full letter below: Click to open this PDF in a new window. The Source Information in this report comes from an April 29 letter from Texas Gov. Greg Abbott and city council records for the city of San Marcos.

Jaree launches in Saudi Arabia to democratise venture capital access
Jaree launches in Saudi Arabia to democratise venture capital access

Wamda

time25-04-2025

  • Business
  • Wamda

Jaree launches in Saudi Arabia to democratise venture capital access

Press release: A new player has entered the Saudi startup ecosystem. Jaree Platform, a platform for matching venture capital, officially launched this month with a bold mission: to make early-stage investing more accessible and efficient for both startups and accredited investors in Saudi Arabia. Founded in 2025 by venture capital professionals Faisal AlNaji and Noura AlNahedh, the platform was built in response to a growing market gap: startups often struggle to reach the right investors, while investors lack access to high-quality, early-stage deal flow. 'We've seen excellent deals confined within VC firms. Individuals with a high investment appetite struggle to source quality opportunities. That's why we built Jaree — to make venture capital accessible for everyone,' said Faisal AlNaji, CEO and co-founder. Bridging the Gap in the Saudi VC Market Jaree offers a private and curated investment platform that matches startups with accredited investors, syndicates, and family offices. The platform enables investors to explore vetted opportunities, co-invest alongside reputable names, and receive structured deal insights. For startups, Jaree provides exposure to investor networks, advice on pitch readiness, and post-match fundraising support. Unlike open-access funding directories, Jaree focuses on depth rather than breadth — prioritising deal quality, founder readiness, and regulatory compliance. Built for the Local Market — But Globally Competitive Saudi Arabia has witnessed record-breaking venture capital activity in recent years. In 2024 alone, startups raised over $750 million. Jaree sees this as an opportunity to introduce technology and trust into an industry historically built on private relationships. The platform's slogan, 'Venture Capital for Everyone', reflects its ambition to democratize investment access in line with Saudi Arabia's Vision 2030. Business Model & Startup Criteria Jaree operates a commission-based business model, charging a fee on successfully matched investment rounds. In the near future, it plans to roll out SaaS-based tools and premium features to support both sides of the market. To qualify for the platform, startups must: Be Saudi-based or focused on the Saudi market Show clear traction or strong investor interest Have a committed and complementary founding team Demonstrate scalability and operate in high-growth markets Early Traction and Testimonials Having recently graduated from the Tech Champions 4 Fintech programme — organised by CODE and MCIT — Jaree has been quietly gaining traction before its official launch. The platform is already working with over 150 accredited investors, and several startups have successfully closed funding rounds through Jaree's investor network. 'I had the pleasure of experiencing Jaree in a Saudi market bursting with ambition. Their team streamlined the entire journey, from analysis to execution. We missed a couple of fast-moving opportunities, but we made up for it by closing an alternative deal in just three days. 'I had it with Jaree; I witnessed: 80% reduction in research and analysis effort 20% focus shift toward making the right venture decisions Speed of execution that protects opportunities from slipping away In closing: 'To rise to the skies, and on Tuwaik, greatness is built.' With trust in God, every venture through Jaree is a step toward success.' said Rakan Bin Khalid Alkhalaf, an early-stage investor on the platform.

Saudi: CODE launches ‘Tech Founders' program to empower, globalize tech startups
Saudi: CODE launches ‘Tech Founders' program to empower, globalize tech startups

Zawya

time24-04-2025

  • Business
  • Zawya

Saudi: CODE launches ‘Tech Founders' program to empower, globalize tech startups

Riyadh: The Center of Digital Entrepreneurship (CODE), affiliated with the Ministry of Communications and Information Technology (MCIT), announced the launch of the third annual 'Tech Founders' program. The initiative is under the Human Capability Development Program, aimed at supporting and empowering founders of technology startups to grow and expand into new markets. The program aims to enhance advanced entrepreneurial skills through a 15-week series of training camps, international incubation, and digital incentives. It includes practical workshops on scaling tech startups; interactive sessions with global experts, investors, and decision-makers; and participation in international tech conferences. The third edition of the program will be held in London and Singapore, two strategic locations offering opportunities for global expansion and connections with leading innovation ecosystems. The program is structured into three main phases: one-week training camps, a six-week international incubation in global cities, and an eight-week digital incentives phase to support project sustainability and growth. CODE invited all founders of tech startups interested in joining the program to register through its website:

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