Syngenta deepens research capabilities with QuantumBasel partnership

Business Wire India

At the World Agri-Tech Innovation Summit, Syngenta, a global leader in agricultural innovation, today announced it is exploring how quantum computing can help farmers meet the growing demands of food production in a changing climate. The company has partnered with QuantumBasel, Switzerland’s first commercial quantum computing hub, to apply quantum technologies to agricultural research and development.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260316646014/en/

 

 

Ion trap, which uses electromagnetic fields to confine and control ions for use as quantum bits (qubits).

Ion trap, which uses electromagnetic fields to confine and control ions for use as quantum bits (qubits).

 

Farmers worldwide face mounting pressure to produce more food sustainably amid unpredictable weather and evolving pest and disease challenges. Meeting these demands requires new scientific approaches that go beyond what classical computing can deliver, particularly when it comes to understanding the complex molecular and biological systems that underpin crop science.

 

Developing safe, effective, and sustainable crop protection products requires understanding molecular interactions of extraordinary complexity that classical computers can only approximate. Quantum computing has the future potential to model this complexity with far greater precision, and to predict details about molecular behaviour that have previously been out of reach, bringing new insights into product design and opening new pathways for innovation in agriculture.

 

 

To help realize this potential, Syngenta is launching a collaboration with QuantumBasel in Basel, Switzerland – a co-located working model that brings together QuantumBasel’s algorithmic expertise and access to advanced hardware and simulators with Syngenta’s scientists and agricultural R&D capabilities. Initial projects will aim to deepen our understanding of molecular behaviour with insights that could unlock new approaches to discovery and crop science.

 

 

“Quantum computing could be a catalyst for the next generation of scientific breakthroughs in agriculture,” says Feroz Sheikh, Chief Information and Digital Officer, Syngenta Group. “It has the future potential to give us a deeper understanding of molecular interactions than has ever been possible, delivering insights and solutions that can help growers meet the challenges of a changing world.”

 

 

Quantum computing is an emerging technology with significant long-term potential in molecular modelling, AI and beyond. As the technology matures, Syngenta will be well-positioned to explore its application to some of the most complex challenges in crop science, and build the expertise and partnerships needed to apply it meaningfully in agricultural research.

 

 

Thomas Landolt, CEO QuantumBasel, says: “Our mission is to apply quantum computing capabilities to industry, and agriculture is one of the most exciting frontiers. By combining QuantumBasel’s quantum computing know-how and infrastructure with Syngenta’s deep agricultural expertise, we can help growers benefit from faster research cycles, better crop resilience, and more sustainable farming practices. We are excited for the chance to create an impact where it really matters.”

 

 

About QuantumBasel

 

 

QuantumBasel is a competence center for quantum computing and AI and drives access to commercial quantum computing to foster innovation. QuantumBasel is Switzerland’s first and so far only commercial quantum computing hub. QuantumBasel’s team of quantum and data scientists trains and supports companies, conducts projects in quantum computing and AI, and collaborates closely with universities and academic institutions. Through an internationally connected ecosystem, QuantumBasel provides access to advanced know-how and technologies, enabling companies across a variety of industries to achieve innovations through the next generation of information technology. www.quantumbasel.com

 

 

About Syngenta

 

 

Syngenta is a global leader in agricultural innovation with a presence in more than 90 countries. Syngenta is focused on developing technologies and farming practices that empower farmers, so they can make the transformation required to feed the world’s population while preserving our planet. Its bold scientific discoveries deliver better benefits for farmers and society on a bigger scale than ever before. Guided by its Sustainability Priorities, Syngenta is developing new technologies and solutions that support farmers to grow healthier plants in healthier soil with a higher yield. Syngenta Crop Protection is headquartered in Basel, Switzerland; Syngenta Seeds is headquartered in the United States. Read our stories and follow us on LinkedIn, Instagram & X.

 

 

Data protection is important to us. You are receiving this publication on the legal basis of Article 6 para 1 lit. f GDPR (“legitimate interest”). However, if you do not wish to receive further information about Syngenta, just send us a brief informal message and we will no longer process your details for this purpose. You can also find further details in our privacy statement.

 

 

Syngenta’s Cautionary Statement Regarding Forward-Looking Statements

 

 

This document may contain forward-looking statements, which can be identified by terminology such as ‘expect’, ‘would’, ‘will’, ‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on track’ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

 

 

©2026 Syngenta. Rosentalstrasse 67, 4058 Basel, Switzerland.

 

 

 

 

 

CBRE Bolsters Asia Pacific Hotels & Hospitality Capabilities in India with Senior Appointment

Business Wire India

CBRE today announced the appointment of Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India, further enhancing the firm’s advisory capabilities across the region.

 

Based in Mumbai, Shah brings two decades of experience across hospitality investment and transaction advisory. He has built market-leading platforms and executed high-value, complex transactions across asset classes. 

 

With expertise spanning banking, private equity, and capital raising, Shah will focus on enhancing transaction execution in India’s hotels and hospitality sector. He will advise clients on investment opportunities and support operational scale-up for hotel portfolios.

 

Commenting on Shah’s appointment, Anshuman Magazine, Chairman & CEO, India, Southeast Asia, Middle East & Africa, for CBRE, said, “Nikhil’s appointment reflects our commitment to growing the hotels & hospitality businesses across the region. His depth of experience will play a crucial role in strengthening collaboration between our Capital Markets team in India and the broader Hotels team in the APAC region, ensuring seamless execution and client support.”

 

“Shah is widely recognised as a hotel investment veteran and leader in India. With Shah joining our team, we are poised to drive significant growth in our hotels and hospitality business and to expand our capabilities in this sector,” said Nikhil Bhatia, Managing Director and Co-Head of Capital Markets, India, for CBRE.

LTM Partners with IIT Kharagpur to Upskill Its Workforce in AI

Business Wire India

LTM – the Business Creativity partner to the world’s largest enterprises, has partnered with the Indian Institute of Technology Kharagpur (IIT Kharagpur) to design deep dive training programs for its workforce, to enhance skills in Artificial Intelligence (AI) and related technology and industry areas. LTM’s AI transformation reflects the convergence of deep domain expertise and technology capabilities, driving continuous upskilling and reskilling across the workforce.

 

The partnership brings together LTM’s deep industry expertise and IIT Kharagpur’s academic and research leadership to build future‑ready AI capabilities. Through targeted AI learning programmes, handson workshops, and collaborative research initiatives, the collaboration is focused on systematically upskilling and reskilling employees to meet evolving industry and client demands.

 

“This collaboration with IIT Kharagpur reflects our commitment to talent transformation by combining academic excellence with real‑world application. Continuous skill development is essential to ensure our workforce remains relevant, resilient, and prepared to operate effectively in an AI‑driven, rapidly changing technology landscape,” said Gururaj Deshpande, Chief Delivery Officer, LTM.

 

“Collaborations such as this allow us to extend our academic expertise beyond the classroom and into industry-relevant contexts. We look forward to working closely with LTM to create and offer meaningful learning programs and research opportunities in artificial intelligence and related domains,” said Prof. Niloy Ganguly, Head, Department of Computer Science and Engineering, Indian Institute of Technology Kharagpur.

Ant International Becomes Official Sponsor of The Argentine National Football Team

Business Wire India

  • Through the partnership, Ant International secures comprehensive marketing rights of the Argentine Football Association (AFA) and world-class players of the Argentine National Football Team to launch strategic activations across its brand portfolio, including Alipay+, Antom, Bettr and WorldFirst

 

Ant International, a leading global payment, digitisation, and fintech solutions provider for merchants and financial institutions, today announced a partnership with the Argentine Football Association (AFA), becoming an Official Sponsor of the Argentine National Football Team for the Asia region (excluding the Middle East).

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260315260087/en/

 

Leandro Petersen (left), Chief Commercial and Marketing Officer of AFA and Peng Yang, Chief Executive Officer of Ant International during a signing ceremony of the partnership.

Leandro Petersen (left), Chief Commercial and Marketing Officer of AFA and Peng Yang, Chief Executive Officer of Ant International during a signing ceremony of the partnership.

 

With over 30 offices around the world, Ant International provides AI- and blockchain-empowered cross-border digital payment, treasury and digitalisation solutions for global merchants and financial institutions. Building on broad regional collaborations, its digital payment and account services connects 150 million+ merchants to 1.8 billion consumer accounts in the Asia Pacific by integrating 300+ of mainstream and alternative payment methods.

 

This agreement unites the reigning FIFA World Cup Champions with one of the world’s most innovative financial technology providers. Through this partnership, Ant International secures comprehensive marketing rights to launch strategic activations across its brand portfolio, including Alipay+, Antom, Bettr and WorldFirst, by leveraging the intellectual property of the AFA and the world-class players of the Argentine National Football Team.

 

“We are incredibly proud to support the Argentine national team, a beacon of excellence, teamwork, and global inspiration,” said Peng Yang, Chief Executive Officer of Ant International. “Sports and tech are two critical bonds for communities and markets that break barriers and connect people. Together we will bring more extensive and enriched football experience and community impact through our Asia fintech and digital services network.”

 

With three FIFA World Cup triumphs in 1978, 1986, and 2022, and having reached the global final on six historic occasions, the Argentine National Team occupies a hallowed place in the pantheon of sporting legends. As the standard-bearers of the “Albiceleste” spirit, the team is defined by a century-old lineage of virtuosity and an unwavering commitment to the pursuit of glory.

 

“Football is the ultimate universal language. It serves as a powerful bridge that transcends borders and connects the entire world,” said Claudio Fabian Tapia, President of AFA. “Through this partnership, we are excited to bring that connection to an even wider audience in Asia.”

 

“This partnership is a commitment to long-term success and a strategic union of two global leaders,” said Leandro Petersen, Chief Commercial and Marketing Officer of AFA. “By joining forces, we aim to deepen our presence in Asia and achieve new heights in both sports and fin-tech.”

 

About Ant International

 

Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/

 

 

 

 

NTT DATA Launches GCC Innovation Acceleration Program to Support Innovation Creation by Global Companies

Business Wire India

NTT DATA, a global leader in AI, digital business and technology services, today announced the launch of its GCC Innovation Acceleration Program. This is designed to support global companies rapidly establishing and scaling their strategic offshore hubs in India, including Global Capability Centers (GCC) and other innovation and delivery hubs. Launched in October 2025, the program aims to support more than 50 companies over the next three years.

 

The demand for highly skilled IT personnel has expanded globally, and as a result, companies are increasingly using overseas bases to meet innovation needs. NTT DATA identified India as a stand-out market to launch the GCC Innovation Acceleration Program because of its abundance of talent and strong technical capabilities.

 

India’s Global Capability Center ecosystem, delivering IT services and back-office functions to multinationals, is poised for strong growth of nearly 70%, targeting $110 billion in 2030 from the current $65 billion, according to our recent report. The report also forecasts more than 2,500 centers and a workforce of nearly 4.5 million professionals by 2030.

 

Through the GCC Innovation Acceleration Program, NTT DATA will:

 

  • Support GCC establishment and enhancement from planning and governance design to talent development and process optimization.
  • Accelerate innovation through advanced technologies byleveraging agentic AI, generative AI, high performance computing, digital twin, smart robotics, blockchain and IOWN.
  • Promote co-creation R&D from proof-of-concept implementation to commercialization, supported by a global network of Innovation Centers.

 

Avinash Joshi, Executive Managing Director, India, NTT DATA adds, “While GCCs in India are becoming global innovation engines, enterprise-scale AI adoption is still in its early days. Fewer than 20% of GCCs use AI as a core capability today. NTT DATA brings the expertise, platforms and global innovation ecosystem needed to help organizations rapidly scale AI and unlock tangible business value.”

 

By combining its advanced technologies with the knowledge cultivated at its global bases, NTT DATA aims to not only improve operational efficiency in the short term but also enhance long-term competitiveness and create new value. NTT DATA has already advanced various initiatives at GCCs and other innovation and delivery hubs in India, including Unilever GCC Hub Bengaluru India, where it supported the formulation of a global innovation strategy and promoted the utilization of R&D advanced technologies.

 

Amit Tawani, Lead IT Manager, R&D IT, Unilever GCC Hub Bengaluru India commented “We are pleased to collaborate with the NTT DATA India Innovation Center to deliver transformative solutions that empower our Global R&D teams. This partnership allows us to harness advanced technologies, streamline innovation processes and deliver future-fit solutions for Unilever globally.”

 

NTT DATA is also working with DENSO INTERNATIONAL INDIA PVT. LTD. on Digital Platform Development for Mobility Circular Economy and Integrated Manufacturing*1 and with a leading global automotive company to drive innovation through digital twin technology and process improvements.

 

Building on these achievements, NTT DATA will work together with innovation centers around the world, supporting innovation for a wide range of global clients, including Japanese companies.

 

“GCCs are expected to evolve into an important base that supports the competitiveness of global companies,” said Hiroshi Furukawa, Head of NTT DATA Innovation Center. “Through the GCC Innovation Acceleration Program, NTT DATA will utilize the strength of its global workforce of over 190,000, along with its broad technology portfolio, to advance co-creation R&D with a diverse range of clients and accelerate the creation of new value.”

 

*1 Digital Platform Development for Mobility Circular Economy and Integrated Manufacturing

 

SOLWER India: Automotive Innovation & Sustainable Solutions

 

About NTT DATA

 

NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.

 

Visit us at nttdata.com.

 

 

 

 

Sagebrook International School Highlights the Educational Impact of Its Signature Block Building Program

Business Wire India

Sagebrook International School outlined the educational impact of its signature Block Building Program, a cornerstone of its Early Years and Primary curriculum that cultivates creativity, collaboration, inquiry and early engineering thinking among students from Nursery through Grade 1.

The program features a large inventory of mathematically proportioned wooden blocks originally designed more than 100 years ago by educator Caroline Pratt. The simple, uncolored materials enable children to construct representations of their world while developing spatial reasoning, proportional understanding and structural logic through direct experimentation.

As students grow, block constructions evolve from individual explorations into collaborative community models that include homes, hospitals, supermarkets and civic institutions. Projects often extend over multiple days and incorporate research, planning, negotiation and problem solving. In Grade 1, students integrate pulleys, wires, batteries and light bulbs to create simple electrical circuits, introducing foundational concepts in engineering and systems design.

“Sadly, traditional schooling has a tendency to stifle these traits in a need for order and conformity,” said Zoë L. Hauser, Head of School for Sagebrook International School. “Progressive classrooms welcome and celebrate children’s individuality in all these areas through a child centered approach and the use of open ended materials.”

The Block Building Program emphasizes uninterrupted exploration time and intentional teacher restraint, preserving student agency and independent thinking.

“Watching a child figure out how to make steps, a mathematical progression, for a building reminds an adult that creativity and exploration are keys to children’s learning in design thinking and engineering,” Hauser added.

Parents are invited to observe culminating presentations where students articulate their design decisions, demonstrate collaborative processes and showcase the communities they have constructed.

Developed in collaboration with Whitgift School in the United Kingdom, Sagebrook International School integrates global best practices with experiential learning to prepare students with intellectual agility, systems thinking and confidence for a rapidly evolving world. For more information, visit www.sagebrook.in.

OXMIQ Labs and AM Intelligence Labs Partner to Architect One of the World’s Largest Renewable-Powered AI Compute Platforms

Business Wire India

OXMIQ Labs (“OXMIQ”), the GPU architecture and AI technology company founded by Raja Koduri, today announced a strategic technology partnership with AM Intelligence Labs, a business division of AM Group, to provide data center and system infrastructure advisory for AM Intelligence Labs’ 2 GW AI Compute Capability by 2030 with initial 1 GW AI Compute Hub in Uttar Pradesh, India. 

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260315355703/en/

 

 

OXMIQ and AM Intelligence Labs are building one of the world's largest renewable-powered AI compute platforms - 2 Gigawatts by 2030, Phase 1 online in Noida, India by 2027.

OXMIQ and AM Intelligence Labs are building one of the world’s largest renewable-powered AI compute platforms – 2 Gigawatts by 2030, Phase 1 online in Noida, India by 2027.

 

AM Intelligence Labs is a strategic business division of AM Group, parent of Greenko, India’s largest green energy producer with 50 GW of renewable capacity across solar, wind, and hydro, backed by 100 GWh of intelligent energy storage and supplying approximately 2% of India’s total power. Energy is owned, operated, and carbon-free priced at 50–70% below conventional data center power costs.

 

India is a rapidly changing center of demand in the global AI economy. Driven by its massive developer ecosystem, digital economy, and rapidly expanding enterprise adoption of AI, the country is emerging as the world’s second-largest market for AI usage and token consumption.

 

 

AM Group has commenced development of its flagship AI infrastructure initiative, with Phase 1 of the Noida Compute Hub now in active execution. Bringing the initial compute capacity online by the end of 2027 will be a key milestone as the Group builds one of the world’s largest renewable-powered AI compute platforms. OXMIQ is working closely with AM Group to optimize system architecture, infrastructure design, and modular execution delivery to ensure the platform is deployed at speed while achieving best-in-class efficiency and scale.

 

 

Under the partnership, OXMIQ will serve as the architecture and engineering partner for the compute platform, working with AM Intelligence Labs to design the systems architecture, hardware roadmap, and supply chain strategy that will underpin the facility. OXMIQ brings deep expertise spanning the entire compute stack, from transistor-level GPU architecture and advanced packaging through rack-scale systems, high-performance interconnects, and the orchestration software required to operate AI workloads at massive scale. Together, the partnership delivers end-to-end optimization from photons to outcomes, ultimately making zettascale economics accessible to everyone.

 

 

AM Group is developing the 1 GW AI High Performance Compute Hub in Noida as a fully vertically integrated platform spanning owned carbon-free power generation, advanced data center infrastructure, high-performance accelerators, a complete software stack, applications, and flexible consumption models ranging from AI Pods-as-a-Service to Tokens-as-a-Service.

 

 

OXMIQ’s deep expertise across the compute stack enables the platform to be architected for end-to-end optimization from photons to tokens. Every layer, from renewable energy generation through data center architecture, liquid cooling, interconnect topology, accelerator selection, and workload orchestration, will be engineered as a unified system. This integrated approach unlocks industry-leading electrons-to-tokens economics, delivering dramatically lower-cost AI compute at gigawatt scale.

 

 

Leadership Perspectives

 

 

“AM Intelligence Labs is the ideal partner for OXMIQ. They have solved the hardest constraint in large-scale AI infrastructure: access to reliable, carbon-free power at global scale. Our team has spent decades building silicon, systems, and software that power the world’s most advanced computing platforms. Bringing that expertise into AM Intelligence Labs’ infrastructure from the first architectural decisions means every rack, every interconnect, every storage and cooling system is designed around the workloads and economics required for the AI era.”

 

 

— Raja Koduri, Founder and CEO, OXMIQ Labs

 

 

“OXMIQ gives AM Intelligence Labs access to some of the deepest hardware and systems expertise in the industry. Their team’s experience across leading Silicon Valley companies is exactly what we need to architect infrastructure that can compete globally. Together we are laying the foundation for AM Intelligence Labs to become a full-stack AI compute platform.”

 

 

— Anil Chalamalasetty, Group Chairman, AM Group

 

 

About OXMIQ Labs

 

 

OXMIQ Labs, headquartered in Campbell, California, is a GPU architecture and AI technology company founded by Raja Koduri, whose career spans leadership at Apple, AMD, Intel, and ATI Technologies. OXMIQ delivers licensable chiplet-based AI hardware and software solutions built for the age of inference. OxCapsule and OxPython deliver immediate optimization across heterogeneous hardware, while OxCore and OxQuilt provide the chiplet-native roadmap to zettascale efficiency. For more information: www.oxmiq.ai

 

 

Forward Looking Statements: This press release contains forward looking statements subject to risks and uncertainties. Actual results may differ materially. Specific projects and deployments will be subject to definitive agreements.

 

 

 

 

 

Samsung Bioepis and Epis NexLab Sign Research Collaboration and License Agreement with G2GBIO to Develop Novel Assets Including Long-acting Semaglutide

Business Wire India

  • Samsung Bioepis to receive exclusive license to develop and commercialize two novel assets including long-acting semaglutide using G2GBIO’s proprietary microsphere technology
  • Epis NexLab, a sister company to Samsung Bioepis under Samsung Epis Holdings, also signs the agreement to collaborate in the development of the long-acting microsphere drug delivery platform

 

Samsung Bioepis Co., Ltd. and Epis NexLab Co., Ltd., a sister company to Samsung Bioepis under Samsung Epis Holdings (KRX: 0126Z0), today announced a research collaboration and license agreement with G2GBIO, a company specializing in the development of sustained-release formulations, to develop novel assets based on G2GBIO’s proprietary microsphere technology.

 

Under the agreement, Samsung Bioepis will be given a full license right for the novel long-acting semaglutide asset, and an option to license another asset from G2GBIO. In addition, Samsung Bioepis will be given the first negotiation rights for the three other novel assets to be determined. Epis NexLab will be responsible for the co-development of the long-acting microsphere drug delivery platform using G2GBIO’s proprietary technology. The details of the financial terms remain confidential.

 

 

“This agreement represents an important step in expanding our drug delivery capabilities and pipeline,” said Kyung-Ah Kim, President and Chief Executive Officer, at Samsung Bioepis. “By leveraging G2GBIO’s proprietary microsphere technology and collaborating with Epis NexLab, we look forward to the development of innovative therapies and deliver meaningful treatment options to patients.”

 

 

About Samsung Bioepis Co., Ltd.

 

 

Established in 2012, Samsung Bioepis is a biopharmaceutical company committed to realizing healthcare that is accessible to everyone. Through innovations in product development and a firm commitment to quality, Samsung Bioepis aims to become the world’s leading biopharmaceutical company. As a wholly owned subsidiary of Samsung Epis Holdings, Samsung Bioepis continues to advance a broad pipeline of biologic candidates that cover a spectrum of therapeutic areas, including immunology, oncology, ophthalmology, hematology, nephrology, endocrinology. For more information, please visit www.samsungbioepis.com and follow us on LinkedIn and X.

 

 

 

 

 

4th Digital Engineering Awards Celebrate Global Innovators, AI Trailblazers: Herald the Rise of Engineering Intelligence

Business Wire India

The Digital Engineering Awards concluded its fourth edition at Boston, Massachusetts on Thursday, honoring technology pioneers and organizations for their contributions to technology solutions and AI advancements. The gala night presented by L&T Technology Services (BSE: 540115, NSE: LTTS) along with ISG as the knowledge and research partner and CNBC-TV18 as the media partner, hosted both industry leaders and individual changemakers from 17 countries across North America, Europe, and the rest of the world.

 

A total of 258 nominations from leading organizations and engineering pioneers competed under Engineering The Change (Team) and Engineer At Heart (Individual) categories, covering twelve distinct award segments. Each category ranging from Physical AI Impact to Digital Engineering Project, Top Sustainability Initiative, and Women Engineer of the Year, were thoughtfully curated to honor and recognize the immense contribution of engineering and technology to the world. The winning organizations include NVIDIA, AWS, Etihad Rail, IKEA Retail (Ingka Group), Rockwell Automation, JLL, Shell, Philips, Fiserv, and The Estée Lauder Companies amongst others.

 

The awards jury panel, including Steve Hall, Prashant Kelker, Matteo Gallina, and Rajeev Chatrath, from ISG; Prof. Hossein Rahnama from MIT Media Lab; Pieter Schoehuijs, private equity advisor; and Vanessa Eriksson – Founder and Senior Advisor Vanessa Eriksson AB, evaluated the nominations based on four key criteria – innovation, unique value proposition, delivery precision, and tangible business impact. The 57 finalists also had an opportunity to tour the renowned MIT Media Lab and experience the latest innovations, first-hand.

 

Todd Lavieri, vice chairman and president, ISG Americas and Asia Pacific, remarked, “This year’s awards reflect the growing relevance of AI and digital engineering across industries, demonstrating how innovation and precision drive real business outcomes. The AI-focused categories showcased the industry’s commitment to harnessing AI and engineering excellence for overall growth. The success of the Digital Engineering Awards is a testament to the power of engineering in our era of rapidly evolving technologies.”

 

S. Shivakumar, CEO, News18 Studios shared, “The fourth edition of the Digital Engineering Awards continue to be a well-rounded initiative by scaling and adopting to the latest trends of the industry. We are inspired by the diversity and agility shown by this year’s participants, and it is gratifying that this collaboration offers a robust platform for industry leaders to share transformative stories and inspire others toward impactful solutions.”

 

“We are proud to celebrate the extraordinary innovation shaping our industry through the Digital Engineering Awards. This year’s entries reflected a powerful shift underway, as AI continues to evolve. Its convergence with Engineering Intelligence (EI) will be transformative, dramatically accelerating real-world impact across industries and everyday life. We are honored to be part of this unique innovation journey and remain steadfast in celebrating the organizations and individuals who are boldly engineering a smarter, more sustainable future,” added Amit Chadha, CEO & Managing Director of L&T Technology Services.

 

LIST of WINNERS

 

Engineering The Change (Teams Awards)

 

  1. Digital Transformation of the Year:

    • Champion

      1. Maharashtra Cyber (Maharashtra Cyber Security Project)

    • Challenger

      1. The Estée Lauder Companies (A Scalable, End-to-End Manufacturing, Packaging, and Engineering Agenda at The Estée Lauder Companies)

      2. Tenneco (Anti roll Bar Bracket Digital Twin)

    • Commendable

      1. AGCO (Driving Digital Transformation: AGCO Parts Shop B2B Initiative)

      2. Mondelez India (Connected Shopfloor Leaders: Empowering Autonomous Decision Making)

      3. Rockwell Automation (Simplifying Automation System Deployment with DeviceTools™)

 

  1. Digital Engineering Project/Program of the Year:

    • Champion

      1. Santos (Santos next-generation Integrated Production Model (IPM))

    • Challenger

      1. IOGP (Digital Hub for IOGP standardized parts and equipment (HIPE) specifications – Low Voltage Motor MVP)

      2. Kaynes Semiconductor (Digitally Engineering India’s Semiconductor Future)

    • Commendable

  1. Fiserv (API Hub: Engineering Scalable Digital Impact)

  2. McNeilus Companies (Model-Driven Digital Assembly: A Scalable Industry 4.0 Approach for Connected Manufacturing)

  3. Shell (NextGen IM – Integrated Digital and Information Management Program for Capital Projects and Assets)

 

  1. Engineering Product of the Year:

    • Champion

      1. Dubai Electricity and Water Authority, R&D Centre (OmniHub – IoT Terminal)

    • Challenger

      1. Epiroc (LinkOA)

      2. Komatsu (Komatsu WX04B – Battery-Electric LHD with Ground-Level Swap and Class-Leading Energy Density)

    • Commendable

      1. Marelli (Zone Control Unit (EliteZone platform))

      2. Navico Group (Simrad® AutoCaptain™ Autonomous Boating System)

      3. Vanderlande (SPOX – a revolutionary system that redefines parcel sortation)

 

  1. AI Impact of the Year:

    • Champion

      1. Partex.AI (Engineering AI That Delivers Measurable Enterprise Value – Partex.AI’s End-to-End Biomedical Intelligence Ecosystem)

    • Challenger

      1. Collins Aerospace (Leveraging Generative AI to Transform Avionics Development Processes)

      2. Syntonym (Scaling Vision AI with Privacy by Design)

    • Commendable

      1. AVEVA (AVEVA’s Industrial AI: Efficient Engineering, Connected to Lifecycle Performance)

      2. AWS (AWS Automated Reasoning Checks)

      3. Improzo (From Insight to Impact: Engineering Scalable AI for Life Sciences Outcomes)

 

  1. Physical AI Impact of the Year

    • Champion

      1. Etihad Rail (Track Inspection with Locomotive – TrackEI)

    • Challenger

      1. NVIDIA (Scaling Robotics and Autonomous Care in Healthcare)

      2. Philips: (Transcend Plus: AI-Driven Cardiovascular Ultrasound for Transforming Cardiac Care)

    • Commendable

      1. AMD: (Powering AI and HPC Performance Through MI Instinct DCGPU)

      2. Autodesk (Project Atom: AI for 3D Scan–Driven Construction Progress Intelligence)

      3. AutoStore (CarouselAI: AI Robotic Piece-Picking for Global Warehouse Fulfillment)

 

  1. Excellence in Value Realization:

    • Champion

      1. IKEA Retail (Ingka Group) (INGKA Group’s Process Intelligence & Intelligent Automation Department: Engineering Value at Enterprise Scale)

    • Challenger

      1. LivaNova (Essenz Affordability Initiative: Improving Access to Cardiopulmonary Care Worldwide Essenz)

      2. Sephora (Engineering the Next Generation of Scalable, Reliable, and Intelligent Retail Systems)

    • Commendable

      1. Clear Correct (Redefining Value in Dental Care with Digital Engineering)

      2. Interac Corp. (Customizable and future-ready verification solution – Interac Verified™ credential service)

      3. Tele2 (Intelligent Automation at Tele2)

 

 

  1. Top Sustainability Initiative:

    • Champion

      1. HPE Professional Services Delivery (HPE Adaptive Green AI: Reducing AI’s Environmental Footprint)

    • Challenger

      1. Delta Flight Products (DFP) (Aircraft Water Volume Monitoring)

      2. Stanley Black & Decker (DEWALT Batteries Sustainable Packaging)

    • Commendable

      1. Dow Inc. (Formulation-Level PCF Calculator for Coatings: Empowering Data-Driven Sustainability)

      2. Honeywell (Honeywell EMS & Ionic™ BESS: Accelerating Sustainable Energy Transformation for Island Communities)

      3. Vestas (VESTAS R&D – Component Net Weight Corrections in PLM Operations –Enhancing Sustainability Accuracy through AI)

 

Engineer At Heart (Individual Awards)

 

  1. The Distinguished Digital Engineering Leader

  • Frank van Dijck, Vanderlande

  • Keisuke Suzuki, Japan Lifeline (JLL)

  • Prahlad Venkatapuram, Meta

 

  1. The Digital Engineer of the Year:

  • Beena Anand, Intel

  • Jonathan DeRocher, Dow Inc.

  • Pankaj Goel, ExxonMobil

 

  1. The Woman Engineer of the Year:

  • Dr. Marry Gunaratnam, Northern Credit Union

  • Jyotika Athavale, Waymo

  • Madina Doup, Shell

 

  1. The Innovator of the Year:

  • Batuhan Özcan, Syntonym

  • Dr. Rahmat Agung Susantyoko, Dubai Electricity and Water Authority, R&D Centre

  • Gaurav Tripathi, Partex.AI

 

  1. AI Trailblazer of the Year:

  • Abhishek Trigunait, Improzo

  • Deepika Manglani, Los Angeles Times

  • Hari K. Kapparapu, Alcon

Venture Global Announces Final Investment Decision and Financial Close for Phase 2 of CP2 LNG

Business Wire India

  • $8.6 billion project financing for CP2 Phase 2 brings project’s total financing to $20.7 billion
  • Project expected to make Venture Global the largest exporter of US LNG
  • Unprecedented milestone of five FIDs in less than 7 years, with over $95 billion in capital markets transactions

 

Today, Venture Global, Inc. (NYSE: VG) is announcing a final investment decision (FID) and successful closing of an $8.6 billion project financing for the second phase of the company’s third project, Venture Global CP2 LNG (CP2). When combined with the Phase One financing for CP2 announced July 2025, this milestone represents the largest standalone project financing in the U.S. bank market.The transaction garnered enormous interest from the world’s leading banks, resulting in over $19 billion of commitments for Phase Two in addition to the previous $34 billion of commitments for Phase One, and required no outside equity investment.

 

“We are extremely proud to have taken FID on the second phase of CP2, our third greenfield project, bringing Venture Global’s executed capital markets transactions to more than $95 billion,” said Venture Global CEO Mike Sabel. “The tireless dedication of our team has enabled us to reach five final investment decisions in less than seven years, positioning us to become the largest U.S. exporter of LNG once CP2 is fully online. With the Phase Two financing secured, we will build on the strong construction progress already underway and deliver reliable American LNG to customers around the world.”

 

CP2 will have a peak production capacity of 29 MTPA and has contracted to sell nearly all of its nameplate capacity on a long-term basis with customers predominantly located in Europe and Asia. Accordingly, CP2 is a strategically important project to global energy supply and security. Venture Global now has a total contracted capacity of over 49 MTPA, or nearly all of its nameplate capacity, across all three of its projects in Louisiana.

 

The lender group for the construction financing is comprised of the world’s leading banks, signaling significant demand for U.S. LNG investment not only in the United States but also in Europe and Asia. The lender group includes: Banco Santander, Bank of America, Bank of China, Barclays, CaixaBank, Canadian Imperial Bank of Commerce, Deutsche Bank, Goldman Sachs, Industrial and Commercial Bank of China, Intesa Sanpaolo, J.P. Morgan Chase, Landesbank Baden-Wuttemberg, Mizuho, National Bank of Canada, National Westminster Bank, Natixis, PNC Bank, Regions Bank, Royal Bank of Canada, Standard Chartered, Sumitomo Mitsui, The Bank of Nova Scotia, The Huntington National Bank, Truist, U.S. Bank National Association, and Wells Fargo.

 

Banco Bilbao Vizcaya Argentaria (BBVA) and MUFG Bank, Ltd. (MUFG) served as Lead Arrangers for CP2 LNG Phase 2’s Construction Term Loan and Working Capital Facility. Latham & Watkins LLP served as counsel to Venture Global and Skadden, Arps, Slate, Meagher & Flom LLP served as counsel to lenders across all facilities.

 

About Venture Global

 

Venture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company’s vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company’s first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the U.S. Gulf Coast. Venture Global is developing Carbon Capture and Sequestration projects at each of its LNG facilities.

 

Forward-looking Statements

 

This press release contains forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of historical facts, included herein are “forward-looking statements.” In some cases, forward-looking statements can be identified by terminology such as “may,” “might,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” the negative of such terms or other comparable terminology.

 

These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include statements about our future performance, our contracts, our anticipated growth strategies and anticipated trends impacting our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include our need for significant additional capital to construct and complete future projects and related assets, and our potential inability to secure such financing on acceptable terms, or at all; our potential inability to accurately estimate costs for our projects, and the risk that the construction and operations of natural gas pipelines and pipeline connections for our projects suffer cost overruns and delays related to obtaining regulatory approvals, development risks, labor costs, unavailability of skilled workers, operational hazards and other risks; the uncertainty regarding the future of global trade dynamics, international trade agreements and the United States’ position on international trade, including the effects of tariffs; our dependence on our EPC and other contractors for the successful completion of our projects, including the potential inability of our contractors to perform their obligations under their contracts; various economic and political factors, including opposition by environmental or other public interest groups, or the lack of local government and community support required for our projects, which could negatively affect the permitting status, timing or overall development, construction and operation of our projects; and risks related to other factors discussed under “Item 1A.—Risk Factors” of our annual report on Form 10-K for the year ended December 31, 2024 as filed with the Securities and Exchange Commission (“SEC”) and any subsequent reports filed with the SEC.

 

Any forward-looking statements contained herein speak only as of the date of this press release and are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements to reflect subsequent events or circumstances, except as may be required by law.