Adaptation

Adaptive Biotechnologies Provides Strategic Review Update and Announces Preliminary First Quarter 2024 Revenue

Retrieved on: 
Tuesday, April 2, 2024

Management will provide further details on the process and outcome of the strategic review during the conference call this afternoon.

Key Points: 
  • Management will provide further details on the process and outcome of the strategic review during the conference call this afternoon.
  • Total revenue of approximately $41 to $43 million for the first quarter of 2024, an increase of approximately 12% compared to the first quarter of 2023.
  • MRD revenue of approximately $31 to $32 million for the first quarter of 2024, an increase of approximately 47% compared to the first quarter of 2023.
  • Adaptive Biotechnologies announced that Tycho Peterson, chief financial officer (CFO), will be departing the company to pursue another opportunity.

WTW announces USAID funding for transformative climate finance solution to scale up adaptation investment in vulnerable countries

Retrieved on: 
Monday, March 18, 2024

With USAID funding, WTW will design a pilot facility enabling the U.S. Development Finance Corporation (DFC) to offer a parametric insurance solution (Resilience Wrapper) that protects its direct loans to private enterprises from climate-related shocks.

Key Points: 
  • With USAID funding, WTW will design a pilot facility enabling the U.S. Development Finance Corporation (DFC) to offer a parametric insurance solution (Resilience Wrapper) that protects its direct loans to private enterprises from climate-related shocks.
  • Following a triggering event (such as a cyclone, flood, or drought), the subsequent loan repayment will be covered by the insurance payout.
  • In support of the President’s Emergency Plan for Adaptation and Resilience (PREPARE), the short-term catalytic funding was awarded through the USAID Climate Finance for Development Accelerator’s Adaptation Finance Window initiative.
  • I commend WTW's leadership in this area as it signals both the need and the opportunity for greater private investment in resilience.”

Media invitation: World leaders must make headway for adaptation - there are no alternatives

Retrieved on: 
Monday, March 18, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240318208761/en/
    The year 2024 is of paramount importance for our future.
  • We face an urgent need to handle the climate crisis, within the broader range of Sustainable Development Goals.
  • This year’s high-level meetings leading up to COP29 will focus on climate finance, aiming to address the substantial funding gaps.
  • “Adaptation finance must be at the heart of the negotiations towards COP29.

Adaptive ML Raises $20M to Help Companies Build Unique GenAI Experiences

Retrieved on: 
Tuesday, March 12, 2024

ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.

Key Points: 
  • ICONIQ Capital , Motier Ventures , Databricks Ventures , IRIS , HuggingFund by Factorial , and many prominent angel investors joined the round.
  • Adaptive’s vision is to empower enterprises everywhere to leverage the benefits of ever-learning generative models and deliver intuitive experiences to lift key business metrics.
  • “At Adaptive ML, we are streamlining the path to more intuitive, stickier genAI applications, directly driving improved user experience and business outcomes,” said CEO Julien Launay.
  • The Adaptive platform abstracts away the technical details around fine-tuning and reinforcement learning, accelerating time-to-release for LLM-based products.

NYDJ Launches First Wheelchair-Fit Denim Jean with QVC

Retrieved on: 
Friday, March 15, 2024

WEST CHESTER, Pa., March 15, 2024 /PRNewswire/ -- QVC®, world leader in live video commerce ("vCommerce"), announced today that it has collaborated with NYDJ to launch the brand's first wheelchair-fit design jean, exclusively for QVC. The first entry into adaptive designs from the national denim brand is part of QVC's growing assortment of accessible and adaptive product offerings and will premiere on-air on March 16.

Key Points: 
  • The popular denim brand will launch an adaptive wheelchair-fit option of the bestselling Marilyn Straight jean, exclusively with QVC
    WEST CHESTER, Pa., March 15, 2024 /PRNewswire/ -- QVC® , world leader in live video commerce ("vCommerce"), announced today that it has collaborated with NYDJ to launch the brand's first wheelchair-fit design jean, exclusively for QVC.
  • "Since their launch in 2017, NYDJ has been one of the top-selling denim brands at QVC and we are proud to be collaborating with them to launch their first adaptive denim style," said Rachel Ungaro, GMM and VP of Fashion Merchandising for QVC.
  • When QVC approached NYDJ about creating a wheelchair-fit jean, we were excited by the opportunity.
  • The NYDJ Marilyn Straight Adapt-Denim Jean Wheelchair-Fit is available now on QVC.com and will premiere on-air Saturday, March 16 at 3 p.m. EST with NYDJ Brand Ambassador Mark Peters.

Accelus President & CEO Kevin McGann to Present at LSI USA '24 Conference

Retrieved on: 
Tuesday, March 5, 2024

McGann’s presentation will provide an unparalleled opportunity for industry participants to engage with the company.

Key Points: 
  • McGann’s presentation will provide an unparalleled opportunity for industry participants to engage with the company.
  • Accelus has made significant strides under McGann’s leadership, from the sale of its Remi spine robot to Alphatec for $55 million to its recent $20 million funding from Symbiotic Capital.
  • “The LSI USA ’24 conference presents a valuable opportunity for attendees to discover how Accelus’s advancements in expandable spinal implants are providing minimally invasive yet maximally effective solutions for spinal fusion,” McGann said.
  • Attendees of the LSI USA '24 conference are invited to join Kevin McGann's presentation on March 21st at 2:40 p.m. in Track 2 to learn more about Accelus's transformative technologies and strategic vision for the future of spine care.

Gamereum Revolutionizes Gaming with the Introduction of Gaming-Optimized Blockchain

Retrieved on: 
Monday, March 4, 2024

London, UK, March 04, 2024 (GLOBE NEWSWIRE) -- Gamereum , the pioneer in transforming the gaming landscape, announces the launch of its gaming-optimized blockchain.

Key Points: 
  • London, UK, March 04, 2024 (GLOBE NEWSWIRE) -- Gamereum , the pioneer in transforming the gaming landscape, announces the launch of its gaming-optimized blockchain.
  • This revolutionary technology, dubbed the first CROSS-WEB Adaptation Gaming Blockchain, seamlessly integrates Web2 gaming experiences with Web3 technology, ushering in a new era of gaming innovation.
  • At the heart of Gamereum's blockchain lies its bullet-speed zk-Modular design, engineered specifically for gaming enthusiasts.
  • Experience the future of gaming with Gamereum, where innovation meets seamless integration, and gaming knows no bounds.

QAD Revolutionizes Business Transformation and Operations with Launch of Industrial Transformation Platform

Retrieved on: 
Tuesday, February 27, 2024

The Industrial Transformation Platform, also known as the O³ Platform, represents a significant leap forward in QAD's commitment to providing more than just enterprise software.

Key Points: 
  • The Industrial Transformation Platform, also known as the O³ Platform, represents a significant leap forward in QAD's commitment to providing more than just enterprise software.
  • Our Industrial Transformation Platform is designed to help companies do exactly that,” said QAD Chief Executive Officer Anton Chilton.
  • Our Industrial Transformation Platform addresses these issues, guiding businesses through not only immediate transformation needs but also in becoming an Adaptive Enterprise to meet tomorrow's challenges,” added Chilton.
  • "The Industrial Transformation Platform was born out of the recognition that systems alone are not enough to optimize an enterprise.

Institute of Internal Auditors Reviewing SEC's New Climate Change Disclosure Rule

Retrieved on: 
Thursday, March 7, 2024

LAKE MARY, Fla., March 7, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – is currently reviewing the U.S. Securities and Exchange Commission (SEC)'s newly-issued Climate Change Disclosure Rule.

Key Points: 
  • LAKE MARY, Fla., March 7, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – is currently reviewing the U.S. Securities and Exchange Commission (SEC)'s newly-issued Climate Change Disclosure Rule.
  • Following publication of the SEC's draft rule in March 2022, The IIA submitted a comment letter, in which it highlighted the need for effective governance over climate disclosures.
  • For internal auditors, the final rule involves new areas of review and assurance to the board regarding compliance with the new rule.
  • For more information on ESG-related resources for the internal audit profession, please visit The IIA's ESG Knowledge Center.

Floodbase to launch cutting-edge parametric flood insurance programs for farmers in Mozambique and Malawi

Retrieved on: 
Friday, March 1, 2024

Floodbase-enabled parametric flood insurance will provide financial protection for previously uninsurable risks, ensuring that events like Cyclone Idai don't destroy the livelihoods of African farmers.

Key Points: 
  • Floodbase-enabled parametric flood insurance will provide financial protection for previously uninsurable risks, ensuring that events like Cyclone Idai don't destroy the livelihoods of African farmers.
  • An essential feature of this project is demonstrating the financial scalability and sustainability of parametric flood insurance in emerging markets.
  • "We're excited to partner with Floodbase to complement our portfolio of innovative parametric solutions to support flood-vulnerable communities in Malawi and Mozambique.
  • We have deep expertise distributing insurance products across Africa, which will help ensure the largest possible participation in these Floodbase parametric programs," said Lesley Ndlovu, ARC Ltd. CEO.