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Articles published here are drafted by Nirvana AI and edited by our editorial team. All texts are published based on independent editorial decisions and free from advertising. We cover the latest in AI and journalism and the world of startups and investments.
Fever Energy Enhances Electric Grid Stability with Innovative Platform
image Federico Beccari Unsplash.
As reported first by Breakit, Fever Energy, a Swedish startup founded in 2022, focuses on optimizing electric grid stability through a collaborative energy management platform. It invites entities with energy storage capabilities to contribute to grid balance, enhancing efficiency and fairness in collaboration with Svenska Kraftnät. With a recent funding round raising SEK 114 million and boosting its valuation to SEK 498 million, Fever Energy has garnered significant investor interest, including from General Catalyst and European royalty. The company's strategic issuance of preference shares underscores a thoughtful approach to growth and investor relationships as it aims to improve energy management practices.
The Dawn of AI Revolution in Business
A recent article in the Wall Street Journal delves into how the AI technological boon is steering the corporate world towards unprecedented efficiency and productivity. Unlike previous tech revolutions focused on consumer markets, the current AI trend is distinctly enterprise-focused, providing a "transformation advantage" particularly suited for large organizations. From enhancing customer service operations to revolutionizing software development and recruitment processes, AI's applications are proving versatile and highly effective. Leading companies, including Ally Financial and Cisco, attest to AI's capability to streamline operations and innovate traditional practices. For industries ranging from healthcare to insurance and beyond, the potential of AI is just beginning to be tapped, promising a future where technology acts not only as a tool but as a catalyst for redefining business as we know it.
Tickets to the TechArena are almost sold out
– draws international attention to Swedens tech-ecosystem
Omid Ekhlasi, the founder of Tech Arena, is aiming to host Sweden's largest tech event at Friends Arena in Solna. Ekhlasi's ambition is to draw tech enthusiasts from around the globe and contribute to Sweden's economy through international interest.
Ekhlasi has a background in tech himself, having co-founded Voxo, a company that specializes in cloud-based services and telecommunications. The first Tech Arena event was held back in 2014 at a cinema in Båstad which unfortunately didn't meet expectations. However, positive feedback from participants led Ekhlasi to continue with the initiative and it has been growing ever since.
Froda, the Swedish business lender, ventures into a new significant market
Froda continues to broaden its reach. After establishing operations in the United Kingdom, Denmark, Norway, and Finland over recent years, it is now stepping into another big market – Germany.
This expansion is not a solo venture. Froda has partnered with Ageras to ensure a smooth and successful transition into the German market. This strategic alliance underscores both companies' commitment to growth and their belief in the potential of this new market.
Azita Shariati becomes new ambassador for Operation Smile
Heartspace among the top in Resumé's evaluation of AI solutions for press releases
Martin Schori, Matilda Andersson, Mathilda Lundqvist, and Linn Grundberg undertake an examination of press releases composed by artificial intelligence. Image: ChatGPT/DALL-E / Press from Resumé
The consensus among journalists on press releases generated by AI is that the results can verge on the humorous. The question arises: will there be a future need for entry-level PR consultants if AI assumes these roles? Resumé conducted an experiment where AI was tasked with crafting press releases, which were then forwarded to bona fide journalists.
"There could be a degree of skepticism," one journalist commented. "It's undeniable that AI usage is on the rise," another added. They discussed what gives away a text as being penned by an AI.
Heartspace emerged as one of the superior solutions in terms of quality in this new landscape.
We have launched!
Image from Resumé featuring upcoming AI-trends within PR and mentioning Heartspace as one of the featured examples.
Three Digital Shifts: Kind, Quirky, and Quintessential
Understanding AI's Impact on Recruitment, Ways of Working, and Future Skills
Last Wednesday, I got an unexpected last-minute opportunity to join an insightful discussion hosted by BreakIt, stepping in for a panelist who unfortunately could not attend. I am very grateful to the moderator who recommended me after remembering me from another panel the week before. Here are some reflections from our exchange.
AI-Driven PR for Impact
At Heartspace, we aim to empower you to make a positive impact on the world. Our advanced AI technology helps you effectively distribute your message and engage with your intended audience.