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

Laser Photonics (NASDAQ: LASE) H1 Milestones Update: Expanded And Upgraded Product Offering, Deepened Partnerships, Successful Anti-Drone Laser Tech Testing And More

Benzinga

By Meg Flippin, Benzinga From product launches to partnerships, it’s been a busy first half of the year for Laser Photonics (NASDAQ: LASE), a developer of cutting-edge laser technology that’s turning the centuries-old sand and abrasives blasting markets on their head. “In the first half of this year, Laser Photonics has made some remarkable accomplishments that have positioned us for continued success,” said Wayne Tupuola, CEO of Laser Photonics, in an update for shareholders. “We have expanded and upgraded our product offerings, deepened our partnership with key market players, and successfully concluded proof of concept testing for advanced laser-based anti-drone technology. These milestones underscore our commitment to long-term growth and innovation as a company." Innovating On The Product Front Take product launches for starters. So far in 2024, LPC has rolled out advanced lasers for cleaning, cutting and even shooting down drones. On the cleaning front, LPC recently launched its CleanTech next-generation laser system. Aimed at on-the-go applications, the new lasers include mobile connectivity for remote monitoring and control, a new compact form factor and a smart overheat protection feature for increased safety. LPC said the CleanTech Next-Generation Laser Systems are the world’s most compact and portable Class I and Class IV systems in the market. Compact and portable lasers can be useful in many industries – including aviation, manufacturing and shipbuilding – to remove rust, grease, mold and other contaminants. For cutting, LPC also rolled out the SaberTech next-generation laser system, which incorporates turbo piercing and cold-cutting technology alongside the company’s existing laser-cutting technology to achieve what LPC says is precise, high-quality cuts during manufacturing and fabrication. The new technology minimizes the heat-affected zone on materials during cutting, making it ideal for several critical applications in aerospace, automotive, maritime and defense industries. Rounding out the product launches in the first half of 2024, LPC enhanced its offering for the defense market and can now offer laser cleaning, marking and welding solutions customized for that market. Inking Deals And Partnerships Developing and rolling out new laser tech isn’t the only thing LPC has been focused on – it's also forging partnerships to build its business and gain recognition. A big one was its recent deal with Brokk, a manufacturer of demolition robots and other remote-controlled machines for mining, construction, metalworking, nuclear decommissioning and other high-stakes operations in hazardous environments. Through the partnership, LPC and Brokk are aiming to overhaul the way contractors work. Integrating LPC laser cleaning and cutting technology with Brokk’s remote-controlled robots allows operators to handle heavy jobs in dangerous settings more effectively and safely, whether it's decommissioning a nuclear plant or tunneling in a mine. It's a new market for LPC and one the company says is perfectly suited for its laser technology. The company also recently partnered with Echelon 1 Solutions (E1S), a storage and logistics solutions provider for the military, to bring laser cleaning and cutting technology to the defense industry. E1S is a Service-Disabled Veteran-Owned Small Business (SDVOSB) based in Tampa, Florida, which aims to fill a critical gap in Department of Defense operations, reports Laser Photonics. As for distribution, LPC has multiple deals to boast of. Its deal with Fastenal Company (NASDAQ: FAST), the largest fastener distributor in North America and a leading distributor and provider of industrial technology and products, is one of them. It gives it access to what LPC says is one of the most robust and well-equipped distribution networks in the world. As part of the distribution deal for LPC’s CleanTech line of lasers, LPC gets access to Fastenal’s global distribution network and will benefit from the company’s service model, which centers on approximately 3,300 locations – each supporting its local customer base. Meanwhile, LPC also recently teamed up with Incredible Supply & Logistics (ISL), an award-winning product distribution, mission kitting and third-party logistics company specializing in supporting federal government customers and defense contractors as well as serving the maritime and space communities. The two are involved in a distribution deal and working to get the word out about LPC’s laser products. Building Name Recognition But that’s not all LPC is doing to get the word out. The company has been diligently working on its marketing efforts to build name recognition and boost sales. Toward that end, the company recently completed construction of its state-of-the-art customer experience center, which is now open to visitors. This new center, located in Maitland, Florida, features LPC’s latest products and offers a hands-on experience for customers looking to learn about how laser technology can benefit their business. The facility has already hosted a number of potential customers and continues to help facilitate sales. LPC also launched a new website, which it expects to help build its digital presence and underscores its efforts to enhance user engagement. LPC also actively participates in trade shows to showcase its products and spread the word. So far in 2024, LPC has taken part in the Offshore Technology Conference in Houston, Texas; MegaRust 2024 in San Diego, California; 2024 Government Fleet Expo & Conference in Louisville, Kentucky; NCMS Industry Day at AMC Modernization Symposium in Huntsville, Alabama; and Waste Management Symposia 2024 in Phoenix, Arizona. More events are slated for later this year. Let’s Not Forget R&D Another key component of LPC’s future growth is research and development efforts, which, too, have been on display throughout the first half of the year. LPC expanded into a bigger facility to keep up with the pace of growth this year. The new facility will house the company's growing sales and R&D teams – allowing it to increase its R&D and sales efforts while it continues to streamline quality control and logistics. The products and solutions already coming out of its research and development lab go beyond cutting and cleaning, giving LPC access to new markets. Take the Laser Shield Anti-Drone System (LSAD) which is testing with parent company Fonon Corporation. The two successfully tested a laser prototype that can destroy small-scale unmanned aerial systems (UAS) in conflict zones and expeditionary locations. The prototype was tested at LPC’s new state-of-the-art facility, which features an internal laser range. This enabled Laser Photonics and Fonon to evaluate the proof of concept under controlled conditions. The range served to test the lasers’ capabilities in terms of precision and effectiveness when it came to targeting and destroying distant objects. LPC said the facility will play a crucial role in developing LSAD. LPC is also working on developing Class I systems and its robotic cell, maintaining its competitive edge and meeting the increasing demand for this technology, driven by heightened regulations and restrictions. LPC is on a mission to overhaul the industry and branch into new markets, and milestones achieved in the first half of the year highlight its focus and commitments. With six more months to go before we close out 2024, LPC may very well have more to share. Photo by Ant Rozetsky 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 11, 2024 08:45 AM Eastern Daylight Time

Image

The Proliferation Of AI Has Brought With It New Security Risks – iLearningEngines Is Finding New Ways To Enable Security For An AI World

Benzinga

By Kyle Anthony, Benzinga The proliferation of AI tools in recent years has been remarkable, with individuals' willingness to use them seemingly being the only thing keeping pace with their rapid development. But with millions of individuals using AI chatbots that can record a single user’s notes on any topic and then summarize that information or search for more details, the natural question that comes to mind is, how secure is the information being stored and used? Rising Cybersecurity Concerns With AI The success of ChatGPT and its adoption by the masses has been noteworthy, with the platform receiving 152 million visitors in its first month of being launched. At its peak in April 2024, the site received nearly 2 billion monthly visits. However, the platform’s growth has also welcomed threat actors who have identified vulnerabilities. Last year, a notable one was identified in ChatGPT’s Redis open-source library, allowing users to see other active users' chat history. OpenAI uses Redis to cache user information for faster recall and access. Because thousands of contributors develop and access open-source code, it’s easy for vulnerabilities to open up and go unnoticed. Threat actors know this, hence why attacks on open-source libraries have materially increased in recent years, with a reported overall increase of 742% since 2019. A cornerstone of ChatGPT’s development is cloud computing, as it accelerates research & development innovation. However, a person acting with malicious intent can gather information from ChatGPT that they can later use for harm. Since the chatbot has been trained on copious amounts of data, it possesses a lot of information that could potentially be weaponized by threat actors. Recognizing the potential risks of ChatGPT, the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment, released a whitepaper entitled Security Implications of ChatGPT that provides guidance across four dimensions of concern around this extremely popular large language model (LLM). The CSA has also called for public collaboration in developing an artificial intelligence roadmap for this next frontier in cybersecurity and cloud computing. For companies developing their own LLMs using their proprietary dataset, on-premises data storage is preferable for many use cases. Though cloud storage has grown in popularity lately, some companies still believe that on-premises solutions or private clouds are best suited for their mission-critical business needs. For example, many value the greater security and control that on-premises solutions and storage give their data. Taking A Differentiated Approach With iLearningEngines iLearningEngines (NASDAQ: AILE) (iLE) has built this security approach and options for data security and control into its approach, and believes that this is one of the key drivers for their success in the market. iLE is an applied AI platform that empowers its enterprise and education 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. iLE's differentiation in the market is rooted in its proprietary AI technology and specialized data sets, thus avoiding the pitfall of open-source libraries. First, the company builds a secure Knowledge Cloud – an enterprise “brain” made up of specialized datasets – within a customer’s data environment. Then, it employs its no-code AI canvas, enabling rapid integration without custom programming. This enables iLE’s cognitive AI engine to generate insights, events and recommendations across many use cases. Employees use these valuable insights to close knowledge gaps, automate workflows and improve business outcomes. From a security perspective, iLE recognizes the imperative of integrating transparency, human oversight, fairness and other ethical considerations into AI development and deployment. It believes that taking such an approach allows businesses to foster trust, navigate risks effectively and unlock the full potential of AI. The company also deploys private cloud storage, which is ideal for industries like banking, finance and healthcare, where data security and compliance are paramount. iLE's commitment is backed by a comprehensive and advanced framework. The company says that this framework ensures transparency and explainability, robust security, safety and unwavering adherence to human-centered values and fairness in the applied AI platform. This commitment is not static but a living reality, constantly refined by iLE through ongoing interactions with its clients. A Pathway Forward AI is rapidly transforming the global landscape in many ways, but it should not come at the expense of information security as it opens up higher productivity levels. AI-powered tools automate tasks, streamline processes and replicate human-like understanding, reasoning and decision-making. However, to fully harness this potential, businesses must address challenges like data quality, privacy and siloed enterprise systems and bring machine cognition and comprehension with AI. iLE’s applied AI platform enables organizations to do this by creating AI Engines on the platform, utilizing specialized data sets with a focus on security. Featured photo by Markus Spiske 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 11, 2024 08:30 AM Eastern Daylight Time

Image

BestGrowthStocks.Com Issues an Extensive Comprehensive Analysis of Asset Entities Inc.

Asset Entities Inc

NEW YORK, NY / NewsDirect / July 11th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Asset Entities Inc. a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company. Asset Entities Inc. (NASDAQ: ASST) has garnered significant investor attention following the strategic acquisition of the assets of TommyBoyTV and a 1-for-5 reverse stock split. Best Growth Stock's full report offers an analysis of Asset Entities Inc. (NASDAQ: ASST) operations, potential catalysts, growth drivers, financials, share structure, chart setup with support and resistance levels, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ About Asset Entities, Inc. Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X (formerly Twitter) at @assetentities. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Best Growth Stocks +1 989-274-7778 editor@bestgrowthstocks.com

July 11, 2024 08:00 AM Eastern Daylight Time

Image

BestGrowthStocks.Com Issues Comparative Analysis on How Rigetti Computing Stacks up to Peers

Rigetti Computing Inc

NEW YORK, NY / NewsDirect / July 11th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on Rigetti Computing Inc. a pioneer in full-stack quantum-classical computing. Rigetti Computing Inc. (NASDAQ: RGTI) has garnered significant investor attention following a keynote presentation at SEMICON West 2024 in San Francisco, California, on July 10, 2024. Best Growth Stock's full report offers a comparative analysis of Rigetti Computing Inc and peers in the quantum computing space operations, financials, technology, clients and market position, potential catalysts, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-rgti-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-rgti-analysis/ About Rigetti Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at www.rigetti.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Best Growth Stocks Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com

July 11, 2024 07:00 AM Eastern Daylight Time

Image

RockDAO Unveils Strategic Roadmap with ROCKSTART Initiative

HTX

RockDAO, in collaboration with HTX and Gala Games, is thrilled to announce the ROCKSTART initiative, a groundbreaking NFT-powered crowdfunding platform that will revolutionize project funding and community engagement within the digital ecosystem. Seamless Migration to GALA Mainnet RockDAO has successfully migrated $ROCK tokens from the Tron mainnet to the GALA mainnet, unlocking new opportunities for utility within the Gala Games ecosystem. This strategic move allows users to utilize $ROCK tokens for in-game purchases, music tracks, and film content across Gala's diverse platforms, tapping into a network with over 1 million active players. Unleashing New Possibilities with ROCKSTART ROCKSTART leverages the utility of $ROCK tokens to create a vibrant ecosystem where innovation thrives. By integrating NFTs and $ROCK tokens, ROCKSTART provides a dynamic platform for project funding and community support, setting a new standard for how projects come to life. Key Features of ROCKSTART Fan NFTs: Project owners mint Fan NFTs to symbolize ownership and support for their ventures. Fans can acquire these NFTs using $ROCK tokens, unlocking exclusive rewards and benefits, fostering a deeper connection between creators and supporters. NFT-Based Loyalty Programs: Fans earn $ROCK tokens through active participation, fostering engagement and loyalty within the ROCKSTART ecosystem. This system incentivizes ongoing support and rewards active community members. Crowdfunding Integration: ROCKSTART seamlessly integrates crowdfunding campaigns with NFT-based loyalty programs, enabling project owners to accelerate funding and engage their fan base effectively. This unique approach transforms traditional crowdfunding by adding layers of interaction and reward. Technical Backbone The ROCKSTART ecosystem is built on a robust technical infrastructure comprising GalaChain, TRON, and Node Networks. This ensures seamless interaction and real-time application across diverse projects, providing a reliable and scalable platform for all users. Roadmap Highlights RockDAO is set to transform the digital landscape with several key initiatives: Multi-Chain Integration: ROCKSTART adopts a multi-chain approach, with 50% of the token supply allocated to both HTX/TRON and GalaChain. This strategy ensures widespread accessibility and scalability, enhancing the reach and utility of $ROCK tokens. Staking on GALA Chain: Users will be able to stake $ROCK tokens on the GALA chain, earning rewards and participating more actively in the ecosystem. This initiative aims to enhance liquidity and offer additional incentives for token holders, making it a highly attractive opportunity for participants. Platform Development and Expansion: ROCKSTART will continue to evolve with new features, partnerships, and integrations. The platform's ongoing development will ensure continuous growth and innovation. Public Welfare and Community Protection In addition to these advancements, RockDAO is introducing a new function aimed at safeguarding the community. Recognizing the prevalence of negative projects that exploit users, RockDAO will serve as a watchdog, helping the community defend its rights and claim compensation. This initiative will provide oversight and support to ensure accountability, offering protection against fraudulent projects that deceive users and rug-pull after price drops. Collaborative Ventures with TRON DAO Strengthening partnerships with HTX and TRON DAO is a key focus. HTX, with over 10 million users, and TRON’s extensive DeFi and NFT ecosystems, provide a robust foundation for integrating $ROCK tokens. This collaboration includes exploring AI-enhanced solutions and participating in TRON’s $100M AI Development Fund to expand the capabilities of our ecosystem, making it a powerhouse of innovation. Driving Innovation and Community Engagement RockDAO is dedicated to pushing the boundaries of what is possible within the digital space. Our strategic roadmap reflects our commitment to continuous improvement, community engagement, and sustainable growth. By integrating innovative solutions like ROCKSTART and expanding our ecosystem, we aim to create a vibrant and resilient platform that benefits all stakeholders. The ROCKSTART initiative is not just a step forward; it’s a giant leap into a future where projects thrive, and communities flourish. For further information, please visit our official website and follow us on Twitter. About RockDAO RockDAO is a pioneering force in the digital industry, with a mission to redefine innovation through community-driven initiatives and technological advancements. As a leader in the space, RockDAO is dedicated to driving growth and creating new opportunities for users and developers. About HTX Founded in 2013, HTX has evolved from a simple digital exchange to a comprehensive blockchain business ecosystem. With over 10 million users, HTX offers services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to digital innovation, HTX is committed to global expansion, ecological prosperity, and reliable services. About Gala Games Gala Games is a blockchain-based platform with the world’s largest gaming node network. With over 1 million active players, it aims to revolutionize the entertainment industry with a decentralized economy. The GALA token is used to secure the network, incentivize developers, and serve as an exchange medium within the ecosystem. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 11, 2024 06:33 AM Eastern Daylight Time

HTX Unveils "Earn with Pending Orders" #2 with Upsized Rewards: Post BTC/USDT in Spot Trades to Split 32.2B $HTX

HTX

HTX’s "Earn with Pending Orders" event has garnered widespread praise and active participation since its debut on 26 June. HTX, in response to user feedback, has adjusted the event rules and is now launching the 2nd phase of "Earn with Pending Orders". Users can participate by posting BTC/USDT in spot trades to share in a prize pool of 32.2 billion $HTX, with rewards distributed around the clock. New Feature: Enjoy Non-Stop Rewards with Minute-by-Minute Snapshots Following "Trade to Earn," HTX launches "Earn with Pending Orders," another innovative product aimed at enriching users' trading experiences. According to HTX's official announcement, the 2nd phase of "Earn with Pending Orders" event will last from 10:00 (UTC) on July 10, 2024, to 10:00 (UTC) on July 17, 2024, featuring BTC/USDT as the designated spot trading pair. During the event period, the platform will take random snapshots of pending orders for BTC/USDT spot trades every minute. Based on these snapshots, the platform will calculate rewards separately for qualifying buy and sell orders. These rewards can be accumulated throughout the event. Pending orders are considered valid if they meet two requirements: ● Minimum order amount: Pending orders must be limit orders with a minimum amount of 100 USDT at the time of the snapshot, defined as order price * order quantity ≥ 100 USDT. ● Order price: The price of pending orders should not deviate by more than 0.5% from the latest executed price (closing price) at the time of the snapshot. Here is an example. Let's assume the latest executed price (closing price) at the time of the snapshot for BTC/USDT is 60,000 USDT. The threshold range is ±0.5%. Therefore, the upper limit price for pending orders will be 60,300 USDT (calculated as 60,000 x 1.005), and the lower limit price will be 59,700 USDT (calculated as 60,000 x 0.995). Therefore, valid pending orders must have prices at the time of the snapshot between 59,700 USDT and 60,300 USDT (59,700 USDT < Pending order price < 60,300 USDT). Optimized Rules: Now Open to API Users and Offer Upsized Rewards In comparison to the initial phase of "Earn with Pending Orders", the second phase incorporates two major rule upgrades: API users are now eligible to participate in this event; and an extra prize pool has been included, boosting total rewards to 32.2 billion $HTX. Details are stated below: ● Reward 1: Post BTC Orders and Split 27.2 Billion $HTX The event boasts a total prize pool of 27,200,000,000 $HTX, with a daily prize pool of 3,885,714,285 $HTX, and a per-minute prize pool of 2,698,412 $HTX. All valid pending orders are eligible for this reward. Every minute, users will share the prize pool proportionally based on the order amounts of their pending orders. A user's reward per minute for pending orders = Reward pool per minute * (User's pending order amount / Total amount of all valid pending orders). For example: Let's assume that, in a specific minute, the total amount of all eligible pending orders is 1000 USDT, and User A has a pending order amounting to 100 USDT. According to the provided reward calculation formula, User A's reward can be calculated as 2,698,412 $HTX * (100/1000). Therefore, User A would receive a reward of 269,841.2 $HTX for that minute. ● Reward 2: Users with Pending Orders Falling within the ±0.1% Threshold Range to Share Extra 5 Billion $HTX Based on the aforementioned reward rules, during each snapshot, users with pending orders within the ±0.1% threshold range of the buy and sell prices will be eligible to share an extra prize pool. The extra prize pool totals 5,000,000,000 $HTX, with daily distributions of 714,285,714 $HTX and minute-by-minute allocations of 496,032 $HTX. The distribution of the prize pool remains consistent with the rules stated above. Please note that users need to click "Register Now" in the announcement to participate in the event. The hourly reward cap for each participant in this event is 90,909,090 $HTX. A participant will not receive any more rewards if either the hourly reward cap for the participant or the hourly prize pool limit is reached. Event Details: https://www.htx.com.cm/en-us/support/54974923246167 HTX, a leading global digital asset exchange, has always adhered to the principle of "Users First" and is dedicated to providing secure, diversified, and efficient trading services for users worldwide. Looking ahead, HTX will continue to upgrade "Earn with Pending Orders" as well as other innovative events and products, consistently enhancing user experiences to meet their diverse demands. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 11, 2024 05:47 AM Eastern Daylight Time

BestGrowthStocks.Com Issues Comprehensive Analysis of Gaxos.Ai Inc.

Gaxos.Ai Inc

NEW YORK, NY / NewsDirect / July 10th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on Gaxos.Ai Inc. a company developing artificial intelligence applications across various sectors. Gaxos.Ai Inc. (NASDAQ: GXAI) has garnered significant investor attention following an announcement that it partnered with Meshy to deliver 3D assets in its AI solution for game developers and publishers. Best Growth Stock's full report offers a comprehensive analysis of Gaxos.Ai operations, potential catalysts, growth drivers, financials, share structure, chart setup with support and resistance levels, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-gxai-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-gxai-analysis/ About Gaxos.ai Inc. Gaxos.AI isn't just developing applications; it's redefining the human-AI relationship. Our offerings span health and wellness as well as gaming. We're committed to addressing health, longevity, and entertainment, through AI solutions. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Best Growth Stocks +1 989-274-7778 editor@bestgrowthstocks.com

July 10, 2024 04:08 PM Eastern Daylight Time

Image

HTX Updates June Security Monthly Report, Putting User Asset Safety First

HTX

HTX, as one of the world's leading exchanges, has always been committed to safeguarding user assets as its highest priority. HTX has been among the first exchanges to adopt "Merkle Tree Proof" to ensure transparency in its asset reserves and has made it routine to release audit reports. Now, HTX publishes its security monthly reports every month and lets data tell the platform's concrete efforts in security. Previously, HTX reiterated its commitment by placing "prioritizing safety while ensuring no misappropriation of user assets" at the forefront of its industry initiative and promised that users' assets are fully redeemable. Therefore, HTX ensures users are well-informed about their assets, aligning with its "Win Users' Trust" principle. HTX aims to build a safer and more transparent firewall with cutting-edge technologies and strict adherence to the bottom line of safeguarding users' assets. HTX has released its May Security Monthly Report. See below for the June 2024 Security Monthly Report from HTX, featuring detailed security-related data about the platform. As part of its security efforts, the exchange has adopted Merkle tree proof of reserves and regularly discloses reserve data. This marks HTX as one of the earliest movers in proving platform reserves. From the end of 2022 to the present, HTX has conducted a total of 21 Merkle tree reserve audits, maintaining a reserve ratio above 100% to ensure that users can safely deposit and fully withdraw assets at any time. Looking ahead, HTX is poised to release its Security Monthly Report every month, implementing more precise data and rigorous financial standards to secure user assets in the long run. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 10, 2024 01:48 PM Eastern Daylight Time

Could AI Threaten The Grid? Companies Like BEN Are Bringing Efficient AI Technology To The Forefront

Benzinga

By Meg Flippin, Benzinga Artificial intelligence is changing the world, but it’s coming at a heavy cost. Training and using AI models requires power – lots of power, which is taking an increasing toll on the national infrastructure, the cost of operations and the environment. Just one request on ChatGPT requires almost ten times more electricity than a Google search, and the AI service has a daily power consumption roughly equal to 180,000 U.S. households. Furthermore, a single ChatGPT conversation uses almost 17 ounces of water – a little more than a standard bottle of drinking water… and that’s just one AI model in a single AI service. We’ve all seen the AI market expanding at unprecedented rates, with companies vying for a piece of the exploding market. To support this tidal wave of technology, data centers are being built as fast as possible, requiring enormous amounts of specialized processors, massive security infrastructures and lots of electricity. Over the next decade, electricity demand from these types of data centers is projected to double and by 2040, 14% of global emissions will come from the Information and Communications Technology (ICT) industry, driven by these infrastructures. Over the next 15 years, Amazon.com Inc. ( NASDAQ: AMZN) alone is expected to spend more than $150 billion building new data centers to support its own AI efforts. The U.S. power grid simply won’t be able to handle the increased load without significant investment – Goldman Sachs pegs the required investment at $50+ billion. This comes at a time when the nation is already committed to significant investments to upgrade the grid ( $22 billion since 2021 ) to support the growing demands arising from national initiatives to transition away from natural gas appliances, EV market expansion, crypto mining operations, domestic manufacturing and the increasing need to safeguard against disruptions caused from extreme weather events or heightening risk of cyberattacks. Solutions To Big Problems Can Be Surprisingly Small We've faced similar challenges before; in 2023, we transitioned from incandescent light bulbs to energy-efficient alternatives at the federal level to alleviate power demands on our national infrastructure. Although no individual light bulb posed a substantial problem, the sheer volume made a significant impact. Similarly, AI applications are now emerging, showcasing a wide range of uses and potentially being limited only by their efficiency at scale. The current state of AI mimics the introduction of electricity as it’s posed to enable major new industries and drive economies. Today AI relies heavily on Graphics Processing Units (GPUs), which are specialized processors originally designed to accelerate graphics rendering. The parallel structure of GPUs is also ideal for traditional AI model training of applications and is used broadly in the Artificial Intelligence of Things (AIoT), which raises efficiency concerns at scale. AI companies are effectively over-deploying the most advanced, energy-intensive processors to fulfill some of their simplest application needs. While a one-size-fits-all approach can work in early AI applications, it simply can’t be the sustainable standard for all AI implementations. The inability to adapt the security, scalability and efficiency of AI solutions to specific applications is not unlike driving a tractor trailer to pick up your groceries. While it will certainly do the job it’s not optimized for most tasks as it is tremendously inefficient as well as expensive. It’s this mismatch between application needs that leads to a huge array of unintended consequences. The growing demand for AI is undeniable, but when AI relies on GPUs, the resultant applications overburden our already fragile infrastructure. AI companies need to look for alternative ways to bring application needs into alignment to deviate away from this path that could threaten our infrastructure. Companies like Brand Engagement Network Inc. or BEN (NASDAQ: BNAI), realize this and have optimized their solutions to deliver the power and performance of AI while doing it in a way that can be scalable and supportable. BEN’s ELM – A Solution To The Power Problem So how does BEN do it? Through its Efficient Language Models (ELMs): a combination of sectioning and optimization of language models for specialized tasking. This patent-pending technology concentrates on efficiency and application specialization, which contrasts with more traditional LLMs like those used by OpenAI’s ChatGPT that attempt to generalize everything into an indiscriminate model for generative purposes. Although this may seem like a small distinction, the computational and processing power required in each approach differs significantly. When traditional LLMs utilize all-inclusive models, it means their solutions are not defined. They task their AI solution to address all needs of all challenges or applications. Not only does this increase the likelihood of generated errors but it also demands massive parallel processing and, when operating with the motive of timely responses, necessitates the use of GPUs. BEN’s ELM, on the other hand, focuses on defined application needs and allows a secure, small footprint, and concentrated solution. This means that solutions targeted with the ELM can run with the limited resources of CPUs, which are more readily available, significantly lower cost, and use less processing power. Dependencies on CPUs provide many more deployment options, including SaaS, Private Cloud, Mobile, and On Prem solutions where industries such as Healthcare and Financial Services have struggled to minimize the potential risk of data breaches and leakages. Typically, CPUs are significantly cheaper to deploy & operate, already established in the market, and most importantly, available in large quantities. This is not the case with GPUs, which are in the midst of an availability issue that has even forced Elon Musk to get creative with the procurement of these processing units for his various companies. ELM + RAFT: Powerful Yet Efficient Combination BEN’s ELM also augments RAFT (Retrieval Augmented Fine-Tuning) systems to ensure its applications are reliable, predictable and efficient. A significant challenge posed by AI is the risk of ‘hallucinations’ where AI gives misleading or outright false answers as a result of the AI being built on unknown data sources and designed to generate a response no matter what. Hallucinations are a lot like the wasted heat energy from incandescent lights. They still demand the same power to generate the response but are an unintended consequence of traditional LLM technology. Some estimations indicate that hallucinations can occur as often as 27% of the time. BEN’s ELM draws from carefully selected and validated data sets, meaning false information cannot be presented or retrieved unless explicitly intended. "More than generative AI, we like to call it retrieval AI," said Paul Chang, BEN’s Co-CEO, in a recent interview. BEN’s use of much smaller data parameters than larger models like ChatGPT enables it to offer AI that is scalable and can be tailored to specific use cases at a lower cost and with less energy demands and waste. BEN’s CPU-friendly and hallucination-averse approach has not been lost on its growing customer base, which is drawn to BEN because of its innovative and purposeful AI, optimized for efficiency, scalability and security. From healthcare to financial services, BEN customers choose BEN for a multitude of reasons. AI has the potential to change the world for the better, but it has to be done in a way that is conducive to our infrastructure and our environment. With growing demands on the grid, companies like BEN are bringing powerful and impactful AI to the masses – all the while ensuring it can be supported in the long term. Featured photo by Zosia Szopka 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 10, 2024 08:45 AM Eastern Daylight Time

Image

1 ... 46 47 48 49 50 ... 654