Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

The Indian Medical Association Recognizes iLearningEngines And Oculis Services' Innovative, AI-Driven First Responder Program

Benzinga

By Kyle Anthony The Indian Medical Association (IMA), the largest represented organization of doctors of the modern system of medicine in India, recognized iLearningEngines (NASDAQ: AILE) and Oculis Services for their joint venture program focused on first responder training for teens. The objective of the program is to empower students aged 14-18 with the necessary skills to make a significant difference in emergencies. The hybrid model combines AI-supported online modules with personalized in-school training programs. Instilling Preparedness Launched in September 2023, the First Responder Program is a comprehensive initiative that not only equips students with the skills and confidence to act swiftly and effectively during emergency situations but also contributes to the creation of a safer and more prepared community. With over 30 schools already registered, the program is a key part of those schools’ extracurricular programs, preparing students to become competent and confident first responders. Indian Medical Association Acknowledgement The Indian Medical Association recognized iLearningEngines and Oculis Services for their pioneering efforts in teaching life-saving skills to the youth. The IMA recognizes the significance of empowering students with practical emergency response techniques. Regarding the IMA’s acknowledgment and praise of the First Responder Program, Ratish Nair, AVP of Sales & Business Development of iLearningEngines, stated, “The collaboration between iLearningEngines and Oculis Services reflects our shared vision of leveraging technology and education for the greater good. We are honored to be recognized by the Indian Medical Association for our joint efforts in empowering the next generation of first responders.” About iLearningEngines iLearningEngines is an Applied AI platform for learning and work automation that empowers its enterprise and education for customers to “productize” their institutional knowledge, improve efficiency and drive better, mission-critical business outcomes. The company operates at the intersection of three large and growing markets: global artificial intelligence, global e-learning and hyper-automation. Recently, the company announced that it officially joined the broad-market Russell 3000® Index, as of the opening of trading on July 1, as well as other related indexes. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market-capitalization rankings and style attributes. Featured photo by Khyta on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 05, 2024 08:45 AM Eastern Daylight Time

Image

Notcoin Continues To Freefall! Could 100x Breakout Presale Be The Answer For Bitcoin Whales?

Total Media

The continued fall of Notcoin has recently had the cryptocurrency market talking. It has recently seen its value plummet due to various factors, including market saturation and diminishing investor confidence. Amid this turmoil, Raboo offers a glimmer of hope with its 100x Breakout Presale, drawing the eyes of Bitcoin whales searching for lucrative new ventures. This presale isn't just a potential lifeline for distressed crypto investors; it's poised to catalyze significant shifts within the market. Read on as we discuss how Raboo's strategic move could redefine investment trajectories in the ever-evolving crypto landscape. Notcoin continues to freefall Notcoin has recently experienced significant market fluctuations, with a sharp decline of about 40% over the last month. This reflects the high volatility and speculative nature that often characterizes Play-to-Earn and meme-driven cryptocurrencies like Notcoin. These market dynamics highlight several issues impacting Notcoin's position in the cryptocurrency sector. The rapid changes in its value can erode investor confidence and make it challenging for long-term stability. If Notcoin fails to innovate or stabilize its market presence, it could face diminishing investor interest over time, which could have long-term detrimental effects on its valuation and utility. The broader impact on the market and investor trust revolves around this high volatility and the speculative nature of assets like Notcoin, which can lead to significant price fluctuations based on investor sentiment and market trends. Bitcoin's recent market performance Bitcoin's recent market downturn can be attributed to a few significant factors. With a 12.4% decline in the last month, one major contributor has been the large-scale selling by the German government, which has offloaded substantial Bitcoin holdings, triggering price volatility. A general slowdown in whale trading activity has also played a role. These whales have reduced their transactions drastically, indicating a cautious approach, which usually leads to decreased market liquidity and lowered prices. This downturn has led Bitcoin whales to explore other investment avenues, seeking higher returns with lower price volatility. New and promising projects like Raboo's 100x breakout presale are drawing attention as alternative investment opportunities. Bitcoin's fluctuations influence the broader crypto market, impacting investment strategies and the financial dynamics within the crypto space. Such shifts underscore the interconnected nature of the market, where significant moves by influential entities or changes in a leading cryptocurrency like Bitcoin can ripple across the entire ecosystem. Could 100x breakout presale be the answer for Bitcoin whales? Raboo's 100x breakout presale has captured the attention of major investors, including Bitcoin whales, thanks to its innovative use of AI technology and a robust community-driven approach. The presale highlights features such as AI-enhanced user interactions and a Post-to-Earn model, which incentivises user participation and content creation. Now in its fourth stage, priced at an attractive $0.0048, Raboo has experienced a 60% increase since its initial price offering of $0.003, with over $1.6 million raised, 10,000 registered users, and 2,900 token holders. This impressive growth showcases its appeal as a dynamic player in the evolving meme coin sector. The strategic maneuvers behind Raboo's presale include targeted marketing campaigns that leverage social media platforms and crypto forums to enhance visibility and attract a diverse investor base, distinguishing it from competitors like Notcoin, which has struggled amid market volatility and investor skepticism. Raboo's successful presale strategy contrasts Notcoin's challenges and positions it as a compelling investment opportunity for Bitcoin whales seeking high returns in the memecoin market. Conclusion As Notcoin navigates its market challenges, Raboo's 100x breakout presale emerges as a beacon for investors, especially Bitcoin whales seeking high-growth prospects. This shift could redefine investment strategies within the cryptocurrency sphere, illustrating the impact of innovative presales on broader market dynamics. Investors are advised to keep a close eye on Raboo's ongoing presale, which promises to influence the market's future trajectory and offer substantial returns. This pivotal moment could reshape how investments flow in the volatile crypto landscape. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io Company Website https://rabootoken.com

July 04, 2024 01:00 PM Eastern Daylight Time

Image

Nextech3D.ai Expands into Specialty Retail E-Commerce with Wyvern Creations Partnership

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce an exciting expansion of the company's 3D business into the specialty retail e-commerce sector. This development is marked by the onboarding of their new customer, Wyvern Creations, the largest independent crossbow dealer in the country. Wyvern Creations plans to convert all its products into 3D models, enhancing the online shopping experience for its customers. During the discussion, Gappelberg highlighted the accelerating growth of the 3D industry in which Nextech3D.ai operates. Wyvern Creations' owner reported that customer feedback has been overwhelmingly positive towards the integration of 3D augmented reality (AR). This technology allows online customers to view crossbows in their own homes before making a purchase, significantly enhancing the shopping experience compared to traditional web pages and reducing the necessity of physical store visits. Gappelberg emphasized that one of the key benefits of Nextech3D.ai's 3D modeling solutions is the ease of integrating 3D and AR assets on customer websites. The integration process for Wyvern Creations' online store was seamless, showcasing a wide range of crossbows using advanced 3D imaging. This allows customers to visualize and compare products in a realistic manner, including innovative applications such as video game tie-ins. The move to 3D models not only offers a significant upgrade to the online shopping experience but also positions Wyvern Creations at the forefront of retail innovation. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 04, 2024 10:40 AM Eastern Daylight Time

Video

What's Trending Now - Summer Must-Haves

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

July 03, 2024 04:42 PM Eastern Daylight Time

Video

HTX Ventures Invests in RedStone Oracles to Expand Modular DeFi Infrastructure

HTX Ventures

Singapore / July 2, 2024 – In support of a more efficient and user-friendly DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone. RedStone is one of the fastest-growing modular oracles in 2024 that delivers diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON. RedStone's modular nature enables it to provide data feeds that are unavailable elsewhere, specializing in yield-bearing collateral for lending markets, especially LSTs and LRTs. Its modular pricing engine ensures the highest accuracy and relevance by consistently updating. Moreover, RedStone is chain-agnostic, meaning it can push data to numerous EVM and non-EVM ecosystems, rollups, and various app chains. This makes it an ideal partner for Rollup-as-a-Service providers and Eigenlayer AVSes. Currently, RedStone's Total Value Secured (TVS) has grown to $4 billion, expanded to over 60 chains, and served more than 100 clients such as EtherFi, Pendle, Morpho and Ethena. RedStone recently closed its $15 million Series A round, led by Arrington Capital. The funds will be used to expand the Marketing and Business Development divisions, fueling an extensive Q3/Q4 growth pipeline. RedStone is currently testing Oracle Extractable Value (OEV) implementation, scheduled for trial with customers in the coming months, and preparing for the launch of its native token later this year. "RedStone is introducing an exciting advancement to DeFi with its modular design," said Edward, Managing Partner at HTX Ventures. "DeFi users will benefit from new and precise data feeds, as well as push and pull data services. RedStone's chain-agnostic feature allows it to provide services across various layers. At HTX Ventures, we are thrilled to witness new innovations within the oracle space and are eager to collaborate on building better infrastructure and tools for DeFi." Jakub Wojciechowski, CEO of RedStone Oracles, commented, "This Series A round gives us ample financial runway to broaden our suite of services while bringing reliable real-world data to a host of blockchain-based protocols. Sincere thanks to our investors and community for their fervent support, and believe me when I say - we are just getting started." RedStone is also preparing for the upcoming launch of Season 2 of RedStone Expedition – an interactive community engagement initiative giving participants the chance to accumulate RSG (RedStone Gems) points through a diverse array of activities. Interested parties can sign up here: RedStone Expedition. About RedStone RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, i.e., Starknet, Fuel Network, or TON. By responding to market trends and developer needs, RedStone can support assets not available elsewhere. The modular design allows for data consumption models adjusted to specific use cases, i.e., capital-efficient LSTfi and early support of LRTs. Trusted by Pendle, Morpho, Venus, Ethena, ether.fi & more. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

July 02, 2024 11:09 AM Eastern Daylight Time

Blockmate Ventures subsidiary Hivello partners with IoTeX: new blockchain integration

Blockmate Ventures Inc

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) and Hivello chairman Domenic Carosa joined Proactive's Stephen Gunnion with details of Hivello's new strategic partnership with IoTeX. Carosa explained that Hivello, a DePIN aggregation platform, will integrate the IoTeX blockchain, allowing new DePINs launched on IoTeX to be supported by Hivello. IoTeX, a leading layer one blockchain in the DePIN space with a market cap of $380 million, will promote Hivello to its global user base. "Hivello is already in the process of integrating IoTeX because of the great DePINs on their blockchain," Carosa said, emphasizing the eco-friendly approach of DePIN and likening it to the sharing economy where users can share their computer resources and get paid, contributing to building a decentralized network. Hivello targets consumers with spare desktops and laptops and plans to expand to enterprises. The company aims to create a vibrant and inclusive DePIN ecosystem, offering a sustainable alternative to throwing away unused tech devices. Carosa also mentioned Hivello's recent $2.5 million raise and the ongoing $4.5 million raise at a $30 million pre-money valuation, co-led by Animoca Brands and Blockchain Founders Fund. The funds will be used to build technology infrastructure and acquire customers. For more insights and updates from Blockmate Ventures and Hivello, visit Proactive's YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications for future content. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 02, 2024 10:17 AM Eastern Daylight Time

Video

Bit Digital expands HPC contract to $275M, CEO Sam Tabar explains

Bit Digital Inc

Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar speaks to Proactive's Stephen Gunnion about the contract expansion with an existing high performance computing (HPC) customer, increasing the value to about $275 million. The market has positively responded to this news, significantly boosting the company’s shares last week. Initially deploying 2,048 GPUs in January, the client has now doubled the size of the fleet, representing about $92 million per year, locked in for three years. Tabar detailed that this computational power is essential for clients building large language models (LLMs) and AI applications. Bit Digital offers a customized approach, leveraging Nvidia H100 chips and collaborating with Dell and Supermicro for their deployments. This specialized equipment is hosted in data centers with unique capabilities, located in places like Iceland. Looking ahead, Tabar emphasized the company's growing opportunities in the HPC AI vertical, citing a robust pipeline of clients eager for their services. "We have a very pregnant pipeline of opportunity... it's all been reverse inquiry," he noted. Bit Digital plans to streamline its processes by hiring a head of revenue to manage the increasing demand. Visit Proactive's YouTube channel for more videos. Don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 02, 2024 10:15 AM Eastern Daylight Time

Video

Bitcoin Miner SATO Technologies (OTC: CCPUF) (TSX.V: SATO) Reports Record-Breaking Q1 Performance, Eyes Set On Growth

SATO Technologies Corp.

By Gerelyn Terzo A renewed excitement emerged in the cryptocurrency market after the Bitcoin price reached a new ATH of $73,700, causing many prognosticators to dust off their bullish forecasts for the leading digital asset. After a period of sideways trading, owing in part to hype around artificial intelligence, cryptocurrencies seem to be getting their groove back, thanks largely to a successful Bitcoin halving as well as the regulatory green light for spot exchange-traded funds (ETFs). As a result, and despite market volatility, Bitcoin mining seems to have returned with a vengeance as industry players jockey for their share of the pie. One company that stands out as an under-the-radar player (which we discussed previously here ) in this resurgence is Toronto-based SATO Technologies (OTC: CCPUF) (TSX.V: SATO), a small-cap Bitcoin miner founded in 2017 that has consistently emphasized strong fundamentals in this budding industry. SATO reported first-quarter results on May 21, setting new records on both the top and bottom lines. These results demonstrate SATO’s financial position among comparable Bitcoin miners as well as its ability to capitalize on growing demand. First-Quarter Results Break Company Records SATO generates 20 MW of energy for Bitcoin computing power, producing approximately 0.1% of the Bitcoin network’s total mining power — which equates to around 0.6 EH/s. The all-in power cost is $48,492 per Bitcoin, post-halving, according to the company’s latest monthly update. ( see the last company monthly update here ) SATO also reported a standout first quarter filled with growth in revenue and operating cash flow, both of which have been steadily rising over the past several years with only minor interruptions. This performance is noteworthy since SATO operates in a capex-heavy industry, making its access to the public markets a key benefit. SATO reported record revenue of C$5.9 million, a 51% increase compared with Q1 2023 results. Additionally, SATO flipped to a profit, reporting net earnings of C$3.9 million vs. a net loss in the year-ago period, a turnaround of 865%. Meanwhile, EBITDA came in at almost C$5.0 million, a 333% spike compared with Q1 2023. SATO seems to be firing on all cylinders, with operating cash flow exceeding the C$400,000 level and a cash and digital asset balance of C$7.3 million. Romain Nouzareth, Co-Founder, Chairman and CEO of SATO, on an earnings call, pointed to the company’s “industry-leading mining efficiency” coupled with its “prudent cost structure” for the results, displaying confidence in positive momentum set to continue well beyond the Bitcoin halving. One of the keys to SATO’s success has been its ability to prioritize efficiency around energy consumption and costs, utilizing renewable, well-priced and stable sources of power from Quebec. To this end, SATO has developed its own data center or mining farm, from which it’s transforming its own energy and another 6 MW of power equipment ready to deploy to support future expansion. As a Bitcoin miner, SATO is not immune to the volatility of BTC prices. However, by maintaining a strong HODL strategy and implementing growth plans, SATO is committed to staying efficient and resilient, ensuring survival and success regardless of market conditions. SATO Eyes Role In AI Innovation As of 2023, SATO reports that it represented approximately 0.10% of the total Bitcoin mining network. However, the company’s management is focused on going as far as they can as quickly as they can in what Nouzareth has described as a new era for computing power. One way in which it plans to do this is by entering into the artificial intelligence (AI) race in the near future, where it will explore using its computer networks to support AI innovation. This is a growth avenue that operating its own data centers allows SATO to consider. For the remainder of 2024 and the long term, SATO is highly focused on growing its hashrate by expanding its fleet of miners and access to power while fine-tuning current operations with AI and high performance computing (HPC) upgrades leading the charge. Whatever the future holds, SATO plans to “go big,” a strategy that seems to have paid off for the company so far. Featured photo by BrianPenny on Pixabay. SATO, founded in 2017, is a publicly listed company providing efficient computing power. The Company currently operates a data center tailored to produce compute power for Bitcoin Mining, but may look to expand or add additional data centers for computing power for Bitcoin Mining, High Power Computing (“HPC”), Artificial Intelligence (“AI”), and L2’s. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Cautionary Statement Regarding Forward-Looking Information This news release contains certain forward-looking statements, including statements relating to the future performance of the Company, and other statements that are not historical facts. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Contact Details Yujia Zhai +1 860-214-0809 yujia@orangegroupadvisors.com Company Website https://www.bysato.com/

July 02, 2024 08:45 AM Eastern Daylight Time

Image

Communication Services Select Sector SPDR Fund (XLC) Adapts to the Evolving Digital Economy

Select Sector SPDR

In a world increasingly driven by digital communication and information delivery, the Communication Services Select Sector SPDR Fund ( XLC ) is maintaining its focus on the communication services sector. This Exchange-Traded Fund (ETF) is tailored for those interested in engaging with the digital economy, providing exposure to companies leading in telecommunications, media, and entertainment within the S&P 500 index. Portfolio Highlights XLC's portfolio, with an expense ratio of 0.09%* showcases a diversified selection of companies that are central to the current digital transformation. Key holdings** include: Meta Platforms (Facebook): 22.53% Alphabet (Google) Class A: 12.62% Alphabet (Google) Class C: 10.57% AT&T: 4.78% Comcast: 4.61% These entities, along with others such as Verizon (4.58%), Electronic Arts (4.52%), Netflix (4.44%), T-Mobile US Inc. (4.41%), and Walt Disney (4.38%), represent a cross-section of the sector. The mix of technology firms, telecommunication leaders, and media companies offers a reflection of the communication services sector's landscape. Observing the Digital Shift The strength of the digital economy is underscored by the robust use of digital services across various aspects of business and personal life. Trends such as high volume internet traffic, the popularity of streaming services, advancements in mobile technology, and the introduction of new communication products illustrate the sector's dynamic nature. In response to these trends, the Communication Services Select Sector SPDR Fund (XLC) focuses on aligning its portfolio with the evolving demands and opportunities within the digital and communication services domain. It aims to provide a means for investors to engage with this sector with components of the S&P 500 Index. As the digital economy continues to evolve, XLC is positioned to observe and adjust to the evolution of the digital world, bolstering its commitment and emphasis on staying relevant within the fast-paced landscape of communication services. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 6/30/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007623 EXP 9/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

July 02, 2024 05:00 AM Eastern Daylight Time

1 ... 48 49 50 51 52 ... 654