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NTT DATA and DENSO Sign a Basic Agreement on Strategic Partnership for Software

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Establishing a global software development system with 3,000 engineers for the era of SDVs

SOUTHFIELD, Mich., June 13, 2024 /PRNewswire/ — On June 12, 2024, NTT DATA Japan Corporation (“NTT DATA”) and DENSO CORPORATION (“DENSO”) have signed a memorandum of understanding to form a strategic partnership for software development.

Through the agreement, the companies will deepen their collaboration on strategy, talent management, and technology as they jointly contribute to the advancement of Japan’s automotive industry and help address social issues. The partnership between DENSO, which has strengths in vehicle (in-car) technologies including in-vehicle software, and NTT DATA, which has strengths in outside-car technologies including cloud computing, aims to quickly and efficiently develop and offer in-vehicle software, which is becoming more prevalent and sophisticated in new vehicles.

The two companies will also hire more advanced software engineers and upskill current engineers at both companies to create a globally deployable software-oriented mobility service platform, which will help support a mobility-centered society in the era of software-defined vehicles (“SDVs”).

As the first initiative, the two companies will jointly establish a software development system, as well as training engineers and increase the number of engineers to 3,000 engineers by 2030.

Background
Recently, in response to automated driving, electrification, and artificial intelligence, including the rise of ever-connected cars, there is a need to enhance the ability to develop large-scale, advanced in-vehicle software and drastically increase development efficiency. Meanwhile, the concept of SDVs, in which software dramatically raises the value of vehicles and services, has become widely desirable, making software development increasingly important and necessitating closer linkage between vehicles and infrastructure. Accordingly, initiatives using cloud technology have become essential. With various social issues emerging in society, such as challenges relating to public transportation, population growth and driver shortages in the logistics industry, mobility services are needed to help solve these issues and an underlying platform needs to be built by connecting vehicles with the cloud via software and ensuring data linkage.

NTT DATA and DENSO have been collaborating with each other for many years. In 2016, DENSO took a stake in NTT DATA MSE, a software development company. In 2022, NTT DATA and DENSO launched an initiative to build an industry-wide ecosystem for electric vehicle batteries. The two companies have strengthened their ties by working on software initiatives together to transform the automotive industry.

Details of the partnership
Against this backdrop, the two companies have reached a basic agreement on a strategic partnership for software with the aim of accelerating conventional activities, developing the automotive industry and solving social issues. The synergies of the two companies will be maximized in terms of strategy, human resources, and technology by leveraging the cloud technology strengths of NTT DATA, which has worked in various industries, and the in-vehicle software strengths of DENSO, which has mainly focused on the automotive industry.
This partnership will tackle the following initiatives.

(1) Expansion of global software resources

Software will be the key to automotive development in the future, as exemplified by automated driving, electrification, and SDVs, necessitating substantial software resources. NTT DATA and DENSO will establish a global development system with 3,000 engineers by 2030 to maximize the synergies of software resources at their group companies in Japan and overseas, in order to develop increasingly large-scale and sophisticated in-vehicle software.

(2) Cultivating advanced software engineers

NTT DATA and DENSO will establish a program in the software domain to train human resources who can generate business value. The two companies aim to update the definition of software engineers whom the two companies have cultivated, reinforce and standardize the program, and deploy and utilize the program throughout the automotive industry.

(3) Enhance the platform to support software development

It is crucial to increase the speed and efficiency of developing in-vehicle software, which is becoming larger in scale and more sophisticated, for the era of SDVs. It is indispensable to build a common platform to support the software development, which underpins the development of various other functions, including AI-based evaluation tools. NTT DATA and DENSO aim to jointly develop and deploy an optimal platform to support the development based on combinations of solutions by harnessing the advanced IT that they have refined.

(4) Joint initiative to tackle social issues

NTT Data has been providing services that contribute to the growth of businesses and the resolution of social issues, using IT, extending beyond the boundaries of various companies and industries to social infrastructure. DENSO aims to reduce its environmental burden and realize a society with zero traffic accidents. DENSO has been expanding the technology it has cultivated in the automotive field to various other areas, continuing to provide new value to society.

To realize a mobility-centered society in the future, NTT DATA and DENSO will jointly study the possibility of developing solutions to solve social issues by leveraging their strengths. The two companies aim to accelerate the initiative, including field tests on social implementation, and deploy the initiative globally in the future.

Future outlook
Through this partnership, NTT DATA and DENSO will quickly create and jointly deploy a platform for new mobility services. The two companies will deepen the alliance while coordinating their respective strengths in the in-car and outside-car domains. They will help make vehicles more attractive through software for the era of SDVs.

About DENSO CORPORATION
Headquartered globally in Kariya, Japan, DENSO is a leading mobility supplier with $47.2 billion in sales and develops advanced technologies and components for nearly every vehicle on the market today. DENSO is also expanding its range of value offerings to include factory automation, food, and agriculture, with automotive technology at its core. For more information about DENSO’s operations worldwide, visit https://www.denso.com/global.

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SOURCE DENSO

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NASA Invites Media to Launch of Cosmic Origins, Solar Wind Missions

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WASHINGTON, Jan. 13, 2025 /PRNewswire/ — Media accreditation is open for the launch of two NASA missions that will explore the mysteries of our universe and Sun.

The agency is targeting late February to launch its SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) observatory, a space telescope that will create a 3D map of the entire sky to help scientists investigate the origins of our universe. NASA’s PUNCH (Polarimeter to Unify the Corona and Heliosphere) mission, which will study origins of the Sun’s outflow of material, or the solar wind, also will ride to space with the telescope.

NASA and SpaceX will launch the missions aboard the company’s Falcon 9 rocket from Space Launch Complex 4E at Vandenberg Space Force Base in California.

Accredited media will have the opportunity to participate in a series of prelaunch briefings and interviews with key mission personnel, including a science briefing the week of launch. NASA will communicate additional details regarding the media event schedule as the launch date approaches.

Media interested in covering the launch must apply for media accreditation. The application deadline for U.S. citizens is 11:59 p.m. EST, Thursday, Feb. 6, while international media without U.S. citizenship must apply by 11:59 p.m., Monday, Jan. 20.

NASA’s media accreditation policy is available online. For questions about accreditation, please email: ksc-media-accreditat@mail.nasa.gov. For other mission questions, please contact the newsroom at NASA’s Kennedy Space Center in Florida at 321-867-2468.

Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo: 321-501-8425, o Messod Bendayan: 256-930-1371.

Updates about spacecraft launch preparations are available on the agency’s SPHEREx blog and PUNCH blog.

The SPHEREx mission will observe hundreds of millions of stars and galaxies in infrared light, a range of wavelengths not visible to the human eye. With this map, SPHEREx will enable scientists to study inflation, or the rapid expansion of the universe a fraction of a second after the big bang. The observatory also will measure the collective glow from galaxies near and far, including light from hidden galaxies that individually haven’t been observed, and look for reservoirs of water, carbon dioxide, and other key ingredients for life in our home galaxy.

Launching as a rideshare with SPHEREx, the agency’s PUNCH mission is made up of four suitcase-sized satellites that will spread out around Earth’s day-night line to observe the Sun and space with a combined field of view. Working together, the four satellites will map out the region where the Sun’s outer atmosphere, the corona, transitions to the solar wind, or the constant outflow of material from the Sun.

The SPHEREx observatory is managed by NASA’s Jet Propulsion Laboratory in Southern California for the Astrophysics Division within the agency’s Science Mission Directorate in Washington. The mission principal investigator is based jointly at NASA JPL and Caltech. Formerly Ball Aerospace, BAE Systems built the telescope, supplied the spacecraft bus, and performed observatory integration. The science analysis of the SPHEREx data will be conducted by a team of scientists located at 10 institutions in the U.S., two in South Korea, and one in Taiwan. Data will be processed and archived at IPAC at Caltech. The SPHEREx data set will be publicly available.

The agency’s PUNCH mission is led by Southwest Research Institute’s office in Boulder, Colorado. The mission is managed by the Explorers Program Office at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, for NASA’s Science Mission Directorate. NASA’s Launch Services Program, based at NASA Kennedy, manages the launch service for the SPHEREx and PUNCH missions.

For more details about the SPHEREx mission and updates on launch preparations, visit:

https://science.nasa.gov/mission/spherex/

 

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SOURCE NASA

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Ragie Launch Week: Game-Changing RAG Tooling for Developers

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SAN FRANCISCO, Jan. 13, 2025 /PRNewswire/ — Ragie, the innovative leader in Retrieval Augmented Generation (RAG) technology, is proud to announce its first-ever Launch Week.  Beginning today, Ragie will unveil several highly anticipated features requested by its growing user base that are designed to make AI applications faster and easier to build.

 

Three key announcements are being made during this three-day event: Ragie Connect, Advanced Retrieval Mode and Base Chat.

Ragie Connect

Many of Ragie’s customers have asked for a way to use its robust RAG pipeline in their SaaS applications, which is why the team developed Ragie Connect. Ragie Connect connects your AI application with your users’ data with minimal code. It handles authentication and automatic user-data syncing from data sources like Google Drive, Salesforce, Notion, and more, so developers can easily embed RAG in their applications.

“Ragie Connect is a lot like Plaid for AI”, said Bob Remeika, CEO of Ragie.  “With just a little bit of code, you can sync your users’ data with your application.  It’s similar to other iPaaS systems in that it handles authentication and data syncing, except Ragie Connect is purpose built for AI applications which really sets it apart.”

Ragie Advanced Retrieval Mode

Ragie looks very simple by design, but there are a lot of advanced features like Hybrid Search and Reranking. These work in the background to help it achieve 99.4% precision on LegalBench-RAG and a 137% improvement on FinanceBench with semantic, hybrid, and hierarchical retrieval. Ragie’s new “recency bias” feature ensures that the most current data is prioritized during retrieval in use cases where live data is more important than historical knowledge bases.

“Our goal is to set the standard for retrieval accuracy and developer experience in the industry,” said Mohammed Rafiq, CTO of Ragie.

Ragie Base Chat

Ragie is releasing an open source multi-tenant chatbot called Ragie Base Chat, which is powered by Ragie Connect and connects to your company’s knowledge base. It’s like a self-hosted “Glean light” that allows companies to chat with their data from Google Drive, Salesforce, Notion, and more. The Base Chat release will also contain 5 new native connectors including Slack, Hubspot, Dropbox, GCS, and S3 to meet the needs of new and existing customers in multiple verticals. A fully hosted version of Base Chat is coming soon.

These updates are just the latest in Ragie’s ongoing evolution as the leading RAG-as-a-Service platform for developers. Visit www.ragie.ai to learn more about the Launch Week, Ragie Connect, and more.

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SOURCE Ragie

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HYDRO-QUÉBEC ISSUE OF DEBENTURES DUE FEBRUARY 15, 2065 ON THE CANADIAN MARKET

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MONTREAL, Jan. 13, 2025 /CNW/ – Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of CA$500,000,000 of Debentures, Series JU, maturing on February 15, 2065.

The Debentures, with a coupon of 4.00%, payable semi-annually, will be offered on the market at a price of 91,495 plus interest deemed to have accrued from August 15, 2024. The yield is 4.457%.

The lead manager for this issue is National Bank Financial Inc. with Scotia Capital Inc. and The Toronto-Dominion Bank acting as co-lead managers, BMO Nesbitt Burns Inc., Casgrain & Company Limited, CIBC World Markets Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc. and RBC Dominion Securities Inc. acting as other managers.

This is the third additional tranche of Debentures, Series JU, issued initially on September 19, 2024 and the total aggregate principal amount of Debentures outstanding under this Series now amounts to CA$2,000,000,000.

SOURCE Hydro-Québec

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