Fintech PR
Novo Nordisk Foundation and Export and Investment Fund of Denmark press release: CEO appointed to lead Denmark’s AI supercomputer initiative
COPENHAGEN, Denmark, Aug. 14, 2024 /PRNewswire/ — The Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO) are pleased to announce the appointment of Nadia Carlsten as CEO of Danish Centre for AI Innovation A/S (DCAI), a company which will own and run Denmark’s first AI supercomputer, Gefion.
The public-private initiative to build Gefion in collaboration with NVIDIA, was announced in March. The goal of DCAI is to enable users to accelerate AI-based research and innovation in critical fields including healthcare, life sciences, quantum computing, and the green transition, supporting the development of innovative solutions to the world’s biggest problems.
Carlsten has significant expertise across AI, quantum technologies, and machine learning, and over 20 years of experience in technology management and development. She led the development and launch of Amazon’s first quantum computing services, before spending over two years developing new products and strategies at SandboxAQ, a Google spinout that brings together AI and quantum technology to address global challenges.
She has degrees from the University of Virginia and a PhD in Engineering from the University of California, Berkeley, where she also studied at the Haas School of Business.
“The combination of a strong scientific background and extensive experiencing in translating the incredible potential of new technologies – specifically AI and quantum – into real-world solutions makes Nadia Carlsten the ideal person to lead this initiative,” says Mads Krogsgaard Thomsen, CEO of the Novo Nordisk Foundation. “Her global outlook will also help ensure that the knowledge and innovation developed at DCAI will have impact far beyond Denmark.”
Peder Lundquist, CEO of EIFO, says: “We are very proud to be able to hire a person with Nadia Carlsten’s expertise and abilities as CEO. For me, this emphasizes the importance and potential of DCAI. With her strong business background from both Amazon and SandboxAQ, she is the perfect candidate to ensure that DCAI will be a powerful platform for Danish businesses and for transforming groundbreaking AI-based research into commercially profitable solutions. AI is a strategic focus for EIFO, and I am very much looking forward to our future cooperation.”
Nadia Carlsten says: “I’m thrilled to take on the role of CEO of DCAI and lead this groundbreaking venture at the forefront of AI technology. Gefion is not just one of the world’s most advanced AI supercomputers, it will also be a catalyst for further innovation. Our goal is to provide powerful AI platforms and solutions to bridge the gap between cutting-edge hardware and practical applications, and I look forward to working closely with our customers to harness AI to explore new frontiers and unlock the next wave of technological advancements.”
Optimised for large-scale projects using AI
Carlsten will lead a growing team of DCAI employees who will start being hired later this year. She will also have overall management and financial responsibility for DCAI, while working closely with the Novo Nordisk Foundation, EIFO, and NVIDIA.
Once DCAI is up and running, customers from Denmark’s public and private sectors – including universities and companies – will be able to access a state-of-the-art NVIDIA supercomputer optimised for large-scale projects using AI, as well as world-leading NVIDIA software platforms, training, and expertise. Details on pricing and the access process will be available later in 2024.
A pilot phase will start later this year. Users with projects that are sufficiently mature will be able to start during this phase, providing valuable feedback. The goal is for DCAI to become more broadly available in the first half of 2025, with additional phases to support AI projects involving sensitive data coming later.
About the Novo Nordisk Foundation
Established in Denmark in 1924, the Novo Nordisk Foundation is an enterprise foundation with philanthropic objectives. The vision of the Foundation is to improve people’s health and the sustainability of society and the planet. The Foundation’s mission is to progress research and innovation in the prevention and treatment of cardiometabolic and infectious diseases as well as to advance knowledge and solutions to support a green transformation of society.
About EIFO, the Export and Investment Fund of Denmark
EIFO is the national promotional bank and export credit agency of Denmark combined in one financial institution. Active in over 100 countries, and with a total business volume of more than EUR 20 billion, EIFO provides financial solutions for Danish companies and their global partners, while also investing in startups and funds. We exist to open doors for Danish global business, accelerate the green transition, promote new technologies and develop the Danish defense industry. With our willingness to take risks in financing, EIFO paves the way for those who dare to think bigger. Read more at www.eifo.dk
View original content:https://www.prnewswire.co.uk/news-releases/novo-nordisk-foundation-and-export-and-investment-fund-of-denmark-press-release-ceo-appointed-to-lead-denmarks-ai-supercomputer-initiative-302221419.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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