Latest news with #ForbesAI50
Malaysian Reserve
3 days ago
- Business
- Malaysian Reserve
NIIT MTS and Sana Announce Strategic Partnership to Establish Center of Excellence for Learning Services
Comprehensive Partnership Framework to Deliver End-to-End Professional Consulting and Learning Technology Services ATLANTA, Aug. 12, 2025 /PRNewswire/ — NIIT Learning Systems Limited [NIIT Managed Training Services (NIIT MTS)] (Ticker Symbol: NIITMTS), a global leader in managed learning services has announced a strategic partnership with Sana, an AI company building the next generation of knowledge tools. Headquartered in Stockholm, Sweden, Sana has been named to the Forbes AI50 and Fast Company's Most Innovative lists. The partnership framework will include the establishment of a dedicated NIIT-Sana Center of Excellence (CoE) that will deliver comprehensive professional services across the entire value chain of Sana Learn, an AI-native learning platform that combines the best of an LMS, LXP, authoring tool, and virtual classroom into one enterprise, AI-first learning environment. The partnership framework encompasses a full spectrum of professional services designed to maximize value from the Sana Learn platform. The collaboration will leverage NIIT MTS' extensive managed learning services and learning technology expertise with Sana's innovative AI-first platform to create integrated services and solutions that drive measurable business outcomes for the world's leading companies. The NIIT-Sana Center of Excellence will offer six core service areas – strategic consulting, implementation services, learning experience design, technical consulting and support, learning administration services, and engineering services. The partnership is positioned for immediate market impact, with both organizations committed to rapid enablement and ensuring that companies that adopt the Sana Learn platform can maximize the benefits of the platform through the comprehensive services, consulting and support that the NIIT-Sana Center of Excellence will provide. Commenting on the partnership, Josh Bersin, Global Industry Analyst, Founder and CEO, The Josh Bersin Company stated, 'As someone who has worked closely with both NIIT and Sana, we're thrilled to see these innovators come together. By combining NIIT's deep expertise in managed learning services with Sana's groundbreaking AI-powered platform, organizations have an unprecedented opportunity to create agile, personalized, and high-impact learning experiences. This collaboration will help L&D organizations embrace what we call the Revolution in Corporate Learning.' 'This partnership represents a significant step forward in our mission to deliver transformative learning experiences in an AI-first L&D environment,' said Sailesh Lalla, Chief Business Officer at NIIT MTS. 'By combining our proven implementation and managed learning services expertise with Sana's innovative AI technology, we can offer organizations a complete solution that addresses both their immediate needs and long-term learning strategy goals to turbocharge L&D value and business outcomes.' 'L&D is at an inflection point—AI is not just enhancing what's possible, it's fundamentally reshaping it. This partnership with NIIT empowers progressive L&D leaders to reimagine how they drive growth, engagement, and impact. Together, we're unlocking a new era where organizations can harness AI to build more personalized, effective, and inspiring learning experiences than ever before,' added Jon Lexa, President, Sana. About NIIT Learning Systems Limited (NIIT MTS) NIIT MTS is the trusted and award-winning L&D and talent partner for the world's leading companies in over 30 countries. Established in 1981, NIIT MTS offers managed learning and strategic consulting services to solve the most complex challenges in learning, talent, skills, and workforce transformation. With a Net Promoter Score of 9/10 and a 100% renewal rate, NIIT MTS helps leading companies transform and reimagine their learning ecosystems while increasing the business value and impact of learning. For more information, visit: About SanaSana exists to advance how humans access knowledge with AI. Its products are trusted by leading enterprises like Merck, Hinge Health, Electrolux, and Robinhood. Backed by top-tier investors including NEA, Menlo Ventures, and EQT Ventures, Sana has raised over $130 million to date. Visit
Forbes
25-06-2025
- Business
- Forbes
Forbes Hosts Exclusive Event Celebrating The 2025 Forbes AI 50 List Makers, The AI Leaders Who Are Making A Significant Impact In The Industry
Forbes AI 50 Celebration Kathleen Sheffer for Forbes Forbes hosted an exclusive Forbes AI 50 Celebration in San Francisco on June 23, 2025, convening leaders from across the AI landscape to celebrate the Forbes 2025 AI 50 honorees. Forbes' AI 50 list spotlights the most promising privately-held companies applying artificial intelligence to solve real-world challenges. The invite-only AI 50 event featured insights from visionary founders and rising stars leading the AI revolution—from foundational models and enterprise platforms to breakthrough innovations shaping the future. The event kicked off with welcome remarks from Randall Lane, Chief Content Officer at Forbes, who honored this year's cohort of AI 50 list makers and the fast-growing AI industry. 'I'm an AI optimist, and Forbes is an AI optimist, but it's because we're betting on all of you [Forbes AI 50 list makers]...so that's the conversation we want to have today.' Saluting the AI 50 list makers, Lane added: 'This is an amazing list because if you look at history and assembly lines, mainframe computers, mobile, and smartphones – you didn't know you were in that incredible era of societal and business change until you look back and realize that. This is the first time you can look at it and say you know in real time you are creating societal and disruptive change.' Randall Lane's Welcome Remarks at Forbes' AI 50 Celebration Kathleen Sheffer Photography He later introduced a panel that was moderated by Forbes' senior technology writer Richard Nieva and featured Eleanor Lightbody, CEO at Luminance , Ce Zhang, Cofounder & CTO at Together AI and Zachary Lipton, Cofounder & CTO at Abridge. The conversation ' AI Today And Tomorrow: A Conversation With AI 50 Honorees ,' took a closer look at how we are using AI today, and discussed AI infrastructure, consolidation and competition, and fundraising. Each panelist touched on how AI is affecting each of their respective industries and the strategies that are being used to introduce it. Abridge's Zachary Lipton discussed his company's healthcare AI technology that has been integrated into Kaiser Permanente for the last year. Lipton shared that technology has historically been imposed on care providers rather than asked for, however Abridge has had a different experience. He added that the company considers how to explain the technology to people in a way that is going to complement them in their work flows so they do not think the technology will replace them in their roles as doctors or nurses. Eleanor Lightbody leads the legal AI company Luminance and reflected on her optimistic approach to AI as she sees her company opening up legal advice to those that may not have had access to it in the past, and different opportunities for junior lawyers. '[Regarding] the future of law and in-house legal professions, I think you're going to start to see that paralegals will be spending much less time on repetitive work churning, and they'll be your data analysts, they'll be the people at the core of the business who are almost your conductor.' Together AI's Ce Zhang is building the bridge between AI and companies by helping them build their AI infrastructure and accelerating their path to innovation, saying 'Essentially we try to help them optimize cost and performance to get all the infrastructure requirements and all the concerns about infrastructure out of their way so that they can actually build their business and we deal with the infrastructure.' He later added, 'We are really excited to help many of our customers to actually navigate the whole [AI] frontier and hopefully they can focus their efforts on actually building the application that's going to change society.' 'At Together AI, we're building cloud infrastructure for pioneers pushing the frontier of AI — and we were excited to join Forbes and several of our customers and partners at the AI 50 dinner,' said Ce Zhang, CTO at Together AI. 'It was a pleasure connecting with other Forbes AI 50 award winners, and we look forward to helping them develop breakthrough AI models and agentic applications.' From L to R: Richard Nieva, Ce Zhang, Zachary Lipton and Eleanor Lightbody Kathleen Sheffer Photography The event closed out with a celebratory toast from Lane, setting the stage for future Forbes AI events to come. Forbes is committed to continue spotlighting the key players who are leading in AI and hosting discussions that will help the industry prepare and embrace what's to come. In September, Forbes will be hosting its 2025 Under 30 Summit in Columbus, which will convene the world's top young leaders, founders and creators for four days of connecting, learning, teaching and building. As a part of the Summit's programming, for the first time ever, Forbes will be featuring a dedicated AI track focused on conversations about the space from leading AI voices such as May Habib, Founder & CEO of AI company Writer. The Under 30 Summit stage will serve as the launchpad for today's AI leaders, convening several Forbes communities to ignite conversations and inform each other on the future of AI. The Forbes AI 50 Celebration was presented by Together AI. For more information on the 2025 Forbes AI 50 Celebration, click here. To join the conversation on social, use #ForbesAI50. Media Contact: Feryal Nawaz, fnawaz@
Business Wire
02-06-2025
- Business
- Business Wire
PagerDuty to Present at the Bank of America Securities 2025 Global Technology Conference
SAN FRANCISCO--(BUSINESS WIRE)--PagerDuty, Inc. (NYSE:PD), a global leader in digital operations management, today announced that members of its management team will present at the Bank of America Securities 2025 Global Technology Conference on Wednesday, June 4, at 8:40 ET. A live webcast and replay will be available for a limited time on PagerDuty's investor relations events page at About PagerDuty, Inc. PagerDuty, Inc. (NYSE:PD) is a global leader in digital operations management. The PagerDuty Operations Cloud is an AI-powered platform that empowers business resilience and drives operational efficiency for enterprises. With a generative AI assistant at its core, PagerDuty empowers teams to detect and resolve issues in real time, orchestrate complex workflows, and drive continuous improvement across their digital operations. Trusted by nearly half of both the Fortune 500 and the Forbes AI 50, as well as approximately two-thirds of the Fortune 100, PagerDuty is essential for delivering always-on digital experiences to modern businesses. Learn more and try it for free at The PagerDuty Operations Cloud The PagerDuty Operations Cloud is an AI-powered platform that automates and orchestrates the entire incident management lifecycle—from detection to resolution, providing resilience at scale. Designed for mission-critical operations, the platform empowers teams to identify and diagnose disruptions in real time, mobilize the right teams to quickly streamline workflows to solve digital issues before they become incidents. The PagerDuty Operations Cloud is essential for delivering flawless, always-on digital experiences that organizations and consumers expect today.
Finextra
08-05-2025
- Business
- Finextra
Stripe accelerates utility of AI and stablecoins with major launches
Today, programmable financial services company Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Stripe serves the world's largest and fastest-growing companies, including half of the Fortune 100 and 78% of the Forbes AI 50. Last year, businesses on Stripe processed $1.4 trillion in total payment volume—up 38% from 2023 and equivalent to around 1.3% of global GDP. In aggregate, the revenue that businesses process on Stripe is growing seven times faster than that of companies in the S&P 500. At its annual user event, Sessions, Stripe launched the world's first AI foundation model for payments and unveiled a major expansion of its money management capabilities, including stablecoin-powered accounts. 'There are not one, but two, gale-force tailwinds, well off the Beaufort scale, dramatically reshaping the economic landscape around us: AI and stablecoins,' said Patrick Collison, Stripe cofounder and CEO. 'Our job is to pull these technologies forward so businesses on Stripe can benefit from them right away.' Investing in AI to fuel growth for businesses Stripe has a long history of using specialized AI models, each optimized for a specific task like preventing fraud, increasing authorization rates, or personalizing the checkout experience for individual buyers. To help its users grow even faster, Stripe announced today it has built the world's first AI foundation model for payments. Stripe's Payments Foundation Model is trained on tens of billions of transactions, and captures hundreds of subtle signals about each payment that specialized models can't. It will be deployed across Stripe's payments suite to unlock additional performance improvements that were not previously possible. Early results thwarting card testing attacks demonstrate the effectiveness of the new Payments Foundation Model. With its previous models, Stripe gradually reduced card testing by 80% over two years. By applying the new foundation model, Stripe increased its detection rate for attacks on large businesses by 64% practically overnight. Reinventing global money management with stablecoins Stripe launched Stablecoin Financial Accounts, new money management capabilities powered by stablecoins, which will be accessible to businesses in 101 countries. This comes just three months after Stripe completed its acquisition of stablecoin platform Bridge. With these new accounts, businesses will be able to hold a balance in stablecoins, receive funds on both crypto and fiat rails (like ACH and SEPA), and send stablecoins almost anywhere in the world. These accounts will allow entrepreneurs in countries with volatile currencies to hedge against inflation and more easily access the global economy. Stripe will start by supporting two dollar-denominated stablecoins—USDC and Bridge's USDB—and plans to add others over time. Over the past year, stablecoin transaction volumes have surged over 50%. Because stablecoins make it dramatically faster and cheaper to move money internationally, many of the world's largest companies are turning to Stripe to help assemble their stablecoin strategies. But a challenge remains: making it possible to spend stablecoins at businesses that only accept fiat currencies. To solve this, last week, Bridge partnered with Visa on the first-ever global card issuing product that will make stablecoin balances as easy to spend as fiat currency. Fintechs like Ramp, Squads, and Airtm will be able to issue Visa cards linked to stablecoin wallets in dozens of countries. When a cardholder makes a purchase, Bridge deducts the funds from their stablecoin balance and converts them into fiat, enabling the merchant to get paid in their local currency as they would with any other transaction. These stablecoin cards can be used at any of the 150 million merchants around the world that accept Visa today. Curtailing the FX tax on global trade Alongside Stablecoin Financial Accounts, Stripe also announced the ability for businesses to hold and manage balances in multiple currencies—starting with USD, EUR, and GBP—in their existing Stripe account. A business will be able to store money in the currency in which it's received, convert between currencies, and create virtual and physical cards for each currency. Among other benefits, this new multicurrency feature will help multinational companies avoid the unnecessary FX fees they often incur moving money between countries. For example, a US-based retailer with stores in London will now be able to accept payments from British customers in GBP; hold a GBP balance in their Stripe account (alongside a separate USD balance from sales to American customers); issue cards so UK employees can buy things in GBP; and pay UK-based suppliers in GBP—all without incurring any FX fees. These multicurrency balances will first be available for businesses in the US and the UK, before rolling out to the Eurozone later this year. 'We're building programmable financial services, to make money as easy to manipulate and manage with code as data is,' said Will Gaybrick, Stripe's president of product and business. 'Across dozens of new launches we unveiled today, we're putting AI and stablecoins to accelerate our users' growth.' Deepening partnerships with the world's largest companies Stripe already works with half of the Fortune 100 and continues to attract many of the world's largest companies. Today, Stripe announced that NVIDIA is now using Stripe Billing to power subscriptions for its cloud gaming service, GeForce Now. It typically takes many months for a business to complete a large migration, but NVIDIA migrated their entire subscriber base to Stripe Billing in just 6 weeks, making it the fastest-ever migration to Stripe Billing. PepsiCo is also expanding its partnership with Stripe to help modernize payments for restaurants, bars, and other small businesses in the US. Until recently, store managers paid for deliveries by handing paper checks to PepsiCo delivery drivers. With Stripe, PepsiCo has launched a new website and app, which allows customers to order and pay for products online. Large companies often need to process payments with multiple providers, which can be challenging: there's no unified view and no easy way to compare performance to ensure they're routing payments in the best way possible. To solve this, Stripe launched Orchestration, which helps businesses set up, manage, and optimize performance across multiple payment providers—all from the Stripe Dashboard. 'For enterprises with complex payments architecture, orchestration is essential. Being able to manage and optimize performance across payment providers in one place gives businesses a level of control and visibility that could unlock meaningful performance gains,' said Jordan McKee, head of fintech research at S&P Global Market Intelligence. Upgrading the entire Stripe platform with 60+ launches In addition to applying AI and stablecoins to accelerate its users' growth, Stripe continued to expand and enhance its suite of payments, revenue, and embedded finance tools. Among the 60+ launches Stripe announced: Support for 25 new payment methods, including UPI and PIX, bringing its total to over 125 payment methods. Klarna will be available on Stripe's consumer payments product Link this summer, reducing the friction for first-time Klarna users. Stripe Terminal can now be used with third-party hardware, starting with Verifone. Managed Payments, a new merchant of record offering that gives businesses everything they need to enter new markets by taking care of global taxes, fraud prevention, dispute management, fulfillment, and more on their behalf. Smart Disputes, which uses AI to automate disputes handling, and helps companies win 13% more chargebacks. Radar support for ACH and SEPA is now available for all businesses on Stripe, and is reducing fraud rates for those payment methods by an average of 20% and 42%, respectively. Upgrades to usage-based billing, including the ability to ingest up to 100,000 events per second. Stripe Tax is now available in 102 countries, up from 57 last year, and automation of the entire tax lifecycle from monitoring and registering, to collecting and filing. New tools specifically for platforms, including enhanced fraud protection and dedicated platform dashboards. Businesses can now create fully managed credit card issuing programs for consumers on Stripe. Global Payouts, which allows businesses to pay out to customers, contractors, and other third parties with just an email address.
Forbes
14-04-2025
- Business
- Forbes
CyberArk Warns About Cybersecurity Threats To AI Agents And LLM
Are digital entities looking for vulnerabilities in your systems and workflows? The 2025 Forbes AI 50 list highlights a turning point: 'AI graduated from an answer engine to an action engine in the workplace.' Like other graduates entering the workforce, AI agents meet fresh opportunities, face unfamiliar responsibilities, and must overcome new challenges. As more AI agents are deployed in enterprises worldwide, the scale and scope of cyberattacks escalate, as many organizations embed them into critical systems without proper safeguards. AI agents represent new classes of cybersecurity vulnerabilities, providing new venues for infiltrating and manipulating enterprise systems. At CyberArk IMPACT 2025 last week, Lavi Lazarovitz, VP of cyber research at CyberArk, presented an initial analysis of the range of threats posed by the brand-new agentic systems. 'Agents are distinguished by autonomy and proactivity,' said Lazarovitz. As such, they are turning into the most privileged digital identities enterprises have ever seen. The cybersecurity landscape for AI agents will continue to evolve, and at present, there is no silver bullet that can fully mitigate all security risks they pose, according to CyberArk researchers. The best approach is what they call 'defense in depth,' or implementing multiple layers of protection at different stages of the workflow and across various security measures. More broadly, CyberArk warns enterprises to 'never trust an LLM.' Attackers will always find ways to exploit and manipulate these models, so security must be built around them, not within them. At IMPACT 2025, Retsef Levi, Professor of Operations Management at the MIT Sloan School of Management, spoke about the 'Very real risk of creating complex systems with opaque operational boundaries and eroded human capabilities that are prone to major disasters and are not resilient.' Using an LLM is like taking a drug without knowing what's in it, says Levi. The mystery is three-dimensional: The humongous number of parameters obscuring what the model can do; the open data, internet data, on which the model is based (as opposed to in-house, clean data); and the source, the origin of the model's development. The key challenge in implementing AI agents, says Levi, is making sure they 'don't degenerate and erode critical human capabilities,' especially in the areas where humans are superior to AI: Identifying nuance; sensitivity to changing conditions, exceptions, and anomalies; and sensing a new context. 'Don't confuse performance with capability,' advises Levi. As generative AI and LLMs enhance cyberattack capabilities by using machines to manipulate humans or other machines, Levi recommends developing 'measurements for understanding your digital supply chain,' identifying potential vulnerabilities. The research effort to uncover the new 'attack surface' created by generative AI is growing fast. Startup Pillar Security, for example, released a report analyzing over 2,000 real-world LLM-powered applications. Pillar found that 90% of successful attacks resulted in the leakage of sensitive data and that adversaries require only 42 seconds on average to complete an attack, highlighting the speed at which vulnerabilities can be exploited. This present state of attacks on generative AI will get worse in the near future. By 2028, according to Gartner, '25% of enterprise breaches will be traced back to AI agent abuse, from both external and malicious internal actors.' The interest in investing or acquiring related cyber defense skills and solutions is also growing. For example, Palo Alto Networks is set to buy AI cybersecurity company Protect AI for an estimated $650-700 million, sources informed Globes last week. 'Protect AI might end up being the second acquisition [after Cisco's acquisition of Robust Intelligence for a reported $400 million] in the nascent AI security market, but it certainly won't be the last,' reports Information Security Media Group. AI agents' autonomous nature and complex decision-making capabilities introduce various threats and vulnerabilities that span security, privacy, ethical, operational, legal, and technological domains. These real-world challenges will probably not slow down the widespread deployment of AI agents. According to CB Insights, mentions of 'agent' and 'agentic' on earnings calls surged in the first quarter of 2025, with both hitting all-time highs. For the second year in a row, Amazon CEO Andy Jassy used his annual letter to shareholders to stress the contribution of generative AI applications to Amazon's continuing success. He reported that 'there are more than 1,000 GenAI applications being built across Amazon, aiming to meaningfully change customer experiences in shopping, coding, personal assistants, streaming video and music, advertising, healthcare, reading, and home devices, to name a few.' Jassy also highlighted the importance of generative AI to the future of all enterprises: 'If your customer experiences aren't planning to leverage these intelligent models… and their future agentic capabilities, you will not be competitive.'
