Samsung is officially announcing the Z TriFold, its much-anticipated foldable with not one, but two hinges. It’ll launch first in Korea on December 12th, with a US launch planned for the first quarter of 2026. There’s no price just yet, but…
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A Natural Molecule May Help Clear Buildup of Alzheimer’s Proteins, Study Finds : ScienceAlert
The small molecule spermine has the potential to stop the toxic build-up of proteins in the brain that characterizes diseases like Alzheimer’s and Parkinson’s, researchers have found – and it works a bit like melting cheese on…
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Why Carlos Alcaraz will win Australian Open 2026
Already with major triumphs in Paris, London and New York, all that’s missing from his collection is the Norman Brookes Challenge Cup. Should he hoist it, he would become the youngest man in history to complete the Career Grand Slam.
“[The…
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Jafar Panahi Dedicates Gotham Screenplay Award To Filmmakers At Risk
Jafar Panahi dedicated his Gotham Award for Best Screenplay for It Was Just An Accident “to independent filmmakers in Iran and around the world” the same day the Iranian director was sentenced in absentia earlier today to one year in prison…
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Jonathan Anderson Takes Top Prize at BFC’s Fashion Awards
LONDON — Jonathan Anderson, won designer of the year for the third year in a row at this year’s British Fashion Council’s Fashion Awards — the first under new BFC chief executive Laura Weir — on Monday evening.
“Without the BFC, I…
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West Indies win the toss and choose to bowl against New Zealand in first test
CHRISTCHURCH, New Zealand (AP) — West Indies captain Roston Chase won the toss and chose to bowl first against New…
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Trump holds Venezuela Oval Office meeting amid growing questions about his military moves
President Donald Trump and top national security officials huddled at the White House Monday to discuss next steps on Venezuela, as the administration faces renewed called from lawmakers to release more…
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NEC Launches AI Agent Service in Japan to Automate Procurement Negotiations Using AI: Press Releases
Tokyo, December 2, 2025 – NEC Corporation (NEC; TSE: 6701) will begin offering its “NEC AI Agent Service for Procurement Negotiations” in Japan starting this December. This service utilizes NEC’s proprietary AI technology, “Automated Negotiation AI,” to autonomously generate optimal transaction terms for procurement operations in the manufacturing industry and to negotiate with suppliers.
This service automates complex delivery date and quantity adjustment negotiations in manufacturing, drastically reducing the time spent on transaction negotiations. It enables rapid response to demand fluctuations and significantly improves operational efficiency.
NEC conducted a proof-of-concept (POC) at an NEC Group company in November 2024, successfully automating delivery date and quantity adjustments with suppliers for the procurement of approximately 1,300 parts.
In this proof-of-concept, the “automated agreement rate”—the percentage of agreements reached solely by AI without procurement personnel intervention—reached 95%. Negotiations concluded under optimal conditions for both the supplier and NEC. This confirmed that the adjustment time from negotiation initiation to completion, which previously took several hours to days, could be reduced to just approximately 80 seconds, achieving a significant improvement in operational efficiency.
In recent years, negotiations among stakeholders in the manufacturing industry have become increasingly complex due to diversifying demand and the extensive supply chains spanning from raw material procurement to final product delivery. Amid demands for shortening overall supply chain lead times and adapting to high-mix, low-volume production, procurement operations must address risks in a VUCA environment, making efficiency and speed through digital transformation (DX) advancement an urgent priority.
However, many companies lack the capacity to swiftly optimize production systems and procurement plans in response to unexpected fluctuations in demand, hindered by factors such as labor shortages, overly personalized work processes, and cost pressures. Particularly, adjusting delivery dates and quantities for parts and raw materials is a critical task directly linked to production planning and potentially leading to lost sales opportunities. Yet, due to its complexity and the time required for negotiations, many items face the challenge of insufficient coordination.
NEC developed Automated Negotiation AI to address these challenges, leveraging its proprietary AI technology cultivated through years of research. This technology enables systems to autonomously negotiate with business partners without human intervention, supporting the formation of optimal agreements. This allows for the coordination of procurement timing even for vast numbers of items that were previously unmanageable manually. By curbing excess inventory, preventing stockouts, and avoiding delivery delays, it creates a supply chain resilient to demand fluctuations. Through this service, NEC resolves challenges in increasingly complex supply chains and contributes to enhancing customer competitiveness.
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Pen Underwriting rebrands decades-old Irish underwriter
Established as a niche provider focused on motor and liability risks, it built a strong regional presence from its base in Wexford. Its growth came through long-term relationships with around 200 broker partners and…
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