Nippon Teleg Tel Corp - NTTYY STOCK NEWS

NTT DATA has entered a strategic 10-year partnership with Everlake Life Insurance Company to provide third-party administration and digital services. This collaboration aims to enhance customer experience by leveraging NTT DATA's expertise in managing life insurance and annuity policies. Key executives from both companies emphasized the importance of delivering a seamless and personalized service to policyholders. The transition of services is expected to ensure high-quality support for Everlake's customers while adapting to evolving consumer expectations.

NTT Research and Cornell University have developed a new algorithm that employs deep neural network training on unconventional hardware, as detailed in a Nature article published on January 26. The research showcases the application of a physics-aware training algorithm on optical, mechanical, and electrical systems, achieving impressive accuracy rates of 97%, 93%, and 87% for image classification tasks. This breakthrough aims to enhance energy efficiency in machine learning, potentially transforming applications in robotics and smart sensors.

NTT Research has partnered with Harvard University on a five-year joint research project aimed at studying animal neuro-responses to enhance future artificial intelligence systems. The project focuses on behavioral flexibility in navigation tasks, with implications for biologically inspired algorithms in AI. Key researchers include Venkatesh Murthy from Harvard and Gautam Reddy from NTT. This collaboration is part of NTT's ongoing strategy to infuse neuroscience insights into computing, building on previous research partnerships.

NTT Corporation has developed an optical fiber-coupled quantum light source, crucial for creating a fault-tolerant large-scale universal optical quantum computer. This breakthrough allows for the generation of continuous-wave squeezed light with over 75% quantum noise suppression at more than 6 THz bandwidth within an optical fiber system. The innovation will enable stable and maintenance-free optical quantum computers, significantly advancing the field. The research was published in Applied Physics Letters on December 22, 2021, and received support from the Japan Science and Technology Agency.

NTT DATA Services has announced its agreement to acquire Chainalytics, a leading supply chain consulting and analytics firm. This strategic move aims to enhance NTT DATA's consulting and digital transformation capabilities, particularly in supply chain management, addressing the current disruptions in the market. The acquisition is set to provide Chainalytics' clients with improved access to global R&D and investments in digital services. Expected to close in coming weeks, this acquisition aligns with NTT DATA's goal to support digital transformations and sustainability initiatives.

NTT Research and NTT R&D announced 11 papers selected for presentation at NeurIPS 2021, covering topics such as machine learning, deep learning, and optimization. The conference will occur from Dec. 6 to Dec. 14. Papers co-authored by NTT researchers focus on advancements in areas like generative modeling, with notable works on few-shot text classification and Bayesian inference. NTT Research, established in July 2019, is part of NTT Corp with a robust R&D budget of $3.6 billion.

NTT Research, Inc. has announced the addition of six scientists to its Physics & Informatics (PHI) Lab in 2021, expanding the team to 18 members. This growth aims to enhance research in quantum physics and neuroscience, supporting the long-term mission of rethinking computation. Notable new hires include Senior Research Scientists Adil Gangat and Sho Sugiura, along with four others. NTT Research continues its collaboration with nine academic institutions and has a robust annual R&D budget of $3.6 billion.

NTT DATA has been selected by the Maryland Department of Health (MDH) to provide consulting services for the Medicaid Enterprise Systems Modular Transformation (MMT) program. This partnership aims to enhance services for Maryland's Medicaid population through technology-driven solutions, improving efficiency and care access. NTT DATA's role includes establishing a project management office, supporting the Medicaid IT Roadmap, and facilitating training and testing. The collaboration underscores NTT DATA's commitment to modernizing healthcare systems and promoting health equity.

NTT Research has announced research on 3D-printable, transformable materials aimed at reducing tissue damage during medical implant procedures. The paper, co-authored by scientists from NTT Research and the Technical University of Munich, discusses innovative designs inspired by traditional Japanese performance props. The research addresses the need for less damaging medical implants while enhancing functionality. This initiative follows a joint research agreement established in November 2019, focusing on implantable electrodes and other biomedical technologies.