Avant

Avant Technologies Acquires Wired-4-Health, Advancing AI Interoperability in Healthcare Data

Retrieved on: 
Tuesday, April 9, 2024

LAS VEGAS, April 09, 2024 (GLOBE NEWSWIRE) -- Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in developing innovative and advanced AI and AI infrastructure solutions, today announces the completion of its acquisition of privately-held healthcare technology and data integration services firm, Wired-4-Health.

Key Points: 
  • LAS VEGAS, April 09, 2024 (GLOBE NEWSWIRE) -- Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in developing innovative and advanced AI and AI infrastructure solutions, today announces the completion of its acquisition of privately-held healthcare technology and data integration services firm, Wired-4-Health.
  • Unified by a shared objective to propel the healthcare data interoperability landscape forward, this strategic merger leverages cutting-edge AI and amplified computational capabilities.
  • This potent combination empowers healthcare and life sciences organizations to navigate the complexities of system interoperability with unprecedented efficiency, enhanced performance, improved data integrity, and a more cost-effective, scalable infrastructure.
  • “Completion of this important strategic acquisition enables us to deliver best-in-class data and system interoperability services to the healthcare and life sciences sectors powered by AvantAI® and our high-density compute capabilities,” said Tim Lantz, Chief Executive Officer of Avant Technologies.

Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market

Retrieved on: 
Thursday, April 4, 2024

The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.

Key Points: 
  • The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.
  • Under the terms of the Trademark License Agreement, Avant's subsidiary will grant IMC Germany the license to utilize Avant's BLK MKTTM cannabis brand for use on their medical cannabis products.
  • Both companies believe the Licensing Agreement will enhance the companies' capabilities to meet the demands of the German market.
  • "We believe that our collaboration with Avant will continue to accelerate the strong momentum we have established in the German medical cannabis market," stated Richard Balla, CEO of IMC Germany.

Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market

Retrieved on: 
Thursday, April 4, 2024

The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.

Key Points: 
  • The Licensing Agreement constitutes another major milestone with respect to the relationship between the two cannabis companies.
  • Under the terms of the Trademark License Agreement, Avant's subsidiary will grant IMC Germany the license to utilize Avant's BLK MKTTM cannabis brand for use on their medical cannabis products.
  • Both companies believe the Licensing Agreement will enhance the companies' capabilities to meet the demands of the German market.
  • "We believe that our collaboration with Avant will continue to accelerate the strong momentum we have established in the German medical cannabis market," stated Richard Balla, CEO of IMC Germany.

A.I. Supercomputer Market Projected To Reach $3.3 Billion By 2028 with Significant Growth Expected

Retrieved on: 
Monday, March 4, 2024

A report from MarketsAndMarkets said that the AI supercomputer market is projected to grow from USD $1.2 billion in 2023 and is expected to reach USD $3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028.

Key Points: 
  • A report from MarketsAndMarkets said that the AI supercomputer market is projected to grow from USD $1.2 billion in 2023 and is expected to reach USD $3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028.
  • The report said: “The Government segment in the AI supercomputer market for application is expected to hold the largest market size during the forecast period in the AI supercomputer market.
  • Moreover, AI supercomputers are also being used to coordinate disaster relief efforts and provide assistance to victims of disasters.
  • AI supercomputers process vast datasets in real time, providing valuable insights into customer behavior, market trends, and operational efficiency.

A.I. Processors for Cloud & Data Centers Forecasted to Increase to $38 Billion Dollars By 2026

Retrieved on: 
Wednesday, February 21, 2024

As AI becomes increasingly integrated into various industries, data centers must be equipped with the latest hardware to meet computational requirements.

Key Points: 
  • As AI becomes increasingly integrated into various industries, data centers must be equipped with the latest hardware to meet computational requirements.
  • Data centers underpin the remote management and orchestration of resources, enhancing operational efficiency.
  • Precedence Research continued: “Edge computing, which involves processing data closer to its source, demands decentralized data center infrastructure.
  • Data centers at the edge need to be compact, energy-efficient, and highly responsive to deliver real-time processing capabilities.

Equinix Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024

In this context, the significance of Platform Equinix and its strong competitive advantages has never been more crucial.

Key Points: 
  • In this context, the significance of Platform Equinix and its strong competitive advantages has never been more crucial.
  • Equinix opened 14 new data centers in 12 metros including Dublin, Frankfurt, Kuala Lumpur, Madrid, Milan, Montreal, Paris, São Paulo, Seattle, Seoul, Tokyo and Washington, D.C.
  • Equinix will discuss its quarterly results for the period ended December 31, 2023, along with its future outlook, in its quarterly conference call on Wednesday, February 14, 2024, at 5:30 p.m.
  • Equinix has made available on its website a presentation designed to accompany the discussion of Equinix's results and future outlook, along with certain supplemental financial information and other data.

Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments

Retrieved on: 
Monday, February 12, 2024

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- USA News Group  - The world is undergoing a massive AI revolution, that according to analysts at McKinsey Global Institute could add the equivalent of up to $4.4 trillion annually in value in the near future. With such immense potential on the line, an AI arms race is underway, several firms are establishing their positions by developing and acquiring new tech, including Avant Technologies Inc. (OTCQB:AVAI), C3.ai, Inc. (NYSE:AI), Snowflake Inc. (NYSE:SNOW), Apple Inc. (NASDAQ:AAPL), and even asset management firm Blackstone Inc. (NYSE:BX).

Key Points: 
  • Along the important road towards this new technological integration, businesses trying to use AI in their products are facing big challenges.
  • These challenges are mostly because of the high costs of computing power and a global shortage of data storage expected by 2025.
  • Avant is dedicated to advancing AI technology and is creating a specialized computing environment specifically designed for AI applications.
  • "In this new AI era, generative AI and large language models will reshape how we live, work and do business."

Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments

Retrieved on: 
Monday, February 12, 2024

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- USA News Group  - The world is undergoing a massive AI revolution, that according to analysts at McKinsey Global Institute could add the equivalent of up to $4.4 trillion annually in value in the near future. With such immense potential on the line, an AI arms race is underway, several firms are establishing their positions by developing and acquiring new tech, including Avant Technologies Inc. (OTCQB:AVAI), C3.ai, Inc. (NYSE:AI), Snowflake Inc. (NYSE:SNOW), Apple Inc. (NASDAQ:AAPL), and even asset management firm Blackstone Inc. (NYSE:BX).

Key Points: 
  • Along the important road towards this new technological integration, businesses trying to use AI in their products are facing big challenges.
  • These challenges are mostly because of the high costs of computing power and a global shortage of data storage expected by 2025.
  • Avant is dedicated to advancing AI technology and is creating a specialized computing environment specifically designed for AI applications.
  • "In this new AI era, generative AI and large language models will reshape how we live, work and do business."

Avant Technologies, Inc. Appoints Seasoned Technology Operations Leader Angela Harris as Chief Operating Officer

Retrieved on: 
Wednesday, February 7, 2024

With a distinguished career marked by leadership roles in both Fortune 50 and high-profile venture-backed global technology firms, Harris brings a wealth of experience to Avant Technologies.

Key Points: 
  • With a distinguished career marked by leadership roles in both Fortune 50 and high-profile venture-backed global technology firms, Harris brings a wealth of experience to Avant Technologies.
  • Angela also served as Chief of Staff for SVP HR Technology & Operations at HP, where she was accountable for strategic and operational alignment of programs associated with the Technology & Operations HR people plan.
  • Commenting on her appointment, Angela Harris said, "I am honored to join Avant Technologies as Chief Operating Officer.
  • Angela Harris holds a Master's degree in Human Resources from Marquette University and a Bachelor's degree in Political Science and English from the University of Wisconsin - Madison.

Avant Technologies, Inc. Names Veteran Technology Sales Leader Jared Pelski as New VP Business Development

Retrieved on: 
Monday, January 22, 2024

LAS VEGAS, NV, Jan. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in creating and developing innovative and advanced AI infrastructure solutions, names Jared Pelski, a veteran sales leader with more than 20 years of experience in bringing innovative software and hardware technologies to market, as Avant’s new Vice President (VP) of Business Development.

Key Points: 
  • LAS VEGAS, NV, Jan. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in creating and developing innovative and advanced AI infrastructure solutions, names Jared Pelski, a veteran sales leader with more than 20 years of experience in bringing innovative software and hardware technologies to market, as Avant’s new Vice President (VP) of Business Development.
  • Pelski is a proven sales leader with a track record of success in introducing and scaling new technology advancements across multiple industry sectors including aerospace, agriculture, aviation, energy, industrial manufacturing, transportation and logistics, and healthcare.
  • His holistic, customer-centered approach has consistently helped to deliver rapid growth, exceed targets, increase profitability, and achieve high customer retention.
  • We are excited to have him join the Avant team and deliver the same type of results here.”
    Pelski earned his Bachelor of Science in Marketing from the University of Wisconsin – Oshkosh.