CB

Transactional demand for central bank digital currency

Retrieved on: 
Thursday, April 18, 2024

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    Flip AI Named One of the Most Promising AI Companies in the World by CB Insights for Bringing the ‘Holy Grail of Observability’ to All Enterprises

    Retrieved on: 
    Wednesday, April 3, 2024

    SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Flip AI today announced that it has been named to the CB Insights AI 100 that showcases the 100 most promising private AI companies of 2024.

    Key Points: 
    • SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- Flip AI today announced that it has been named to the CB Insights AI 100 that showcases the 100 most promising private AI companies of 2024.
    • Flip is trusted by well-known global enterprises, including a top media and entertainment company and some of the largest financial institutions in the world.
    • “We’re honored to be named to the CB Insights AI 100 list,” said Corey Harrison, co-founder and CEO of Flip AI.
    • “When we set out to build Flip AI, we knew we were taking on a critical challenge within the industry.

    Predibase Named to the 2024 CB Insights AI 100 List

    Retrieved on: 
    Tuesday, April 2, 2024

    CB Insights today named Predibase to its eighth-annual AI 100 , showcasing the 100 most promising private AI companies of 2024.

    Key Points: 
    • CB Insights today named Predibase to its eighth-annual AI 100 , showcasing the 100 most promising private AI companies of 2024.
    • “AI is taking off at lightning speed, and it’s not just big tech companies at the forefront of it,” said Deepashri Varadharajan, director of AI research at CB Insights.
    • “Our AI 100 winners – many of them early stage startups, some with very small teams – are pushing the boundaries of AI in everything from game development and battery design to agentic AI systems.”
      “We're grateful for the recognition of the CB Insights AI 100 list, further validating our view that the future is fine-tuned,” said Dev Rishi, co-founder and CEO of Predibase.
    • We also analyzed CB Insights’ exclusive interviews with software buyers and dug into Analyst Briefings submitted directly to us by startups.

    Vayu Robotics Named to the 2024 CB Insights AI 100 List

    Retrieved on: 
    Tuesday, April 2, 2024

    Vayu Robotics , an AI company providing high-quality, low-cost robotics solutions, today announced that CB Insights named Vayu to its eighth-annual AI 100 , which showcases the 100 most promising private AI companies of 2024.

    Key Points: 
    • Vayu Robotics , an AI company providing high-quality, low-cost robotics solutions, today announced that CB Insights named Vayu to its eighth-annual AI 100 , which showcases the 100 most promising private AI companies of 2024.
    • View the full release here: https://www.businesswire.com/news/home/20240402288665/en/
      Vayu Robotics was named to the 2024 CB Insights AI 100 list in recognition for achievements in developing AI foundation models for mobility.
    • (Graphic: Business Wire)
      “Vayu Robotics is honored to be named a leader in the vertical AI space,” said Anand Gopalan, CEO and co-founder of Vayu Robotics.
    • Quick facts on the 2024 AI 100:
      68% early-stage startups building virtual worlds, autonomous factories, language models for under-represented languages, and more

    MCDERMOTT ANNOUNCES COMPLETION OF TRANSACTION SUPPORT AGREEMENT AND AMENDMENT & EXTENSION OF CREDIT FACILITIES

    Retrieved on: 
    Tuesday, March 26, 2024

    HOUSTON, March 26, 2024 /PRNewswire/ -- McDermott International, Ltd ("McDermott" or the "Company") today announced that it has completed the transactions contemplated by the Transaction Support Agreement ("TSA"), including the successful conclusion of the interrelated Dutch and UK legal processes that support the TSA, full resolution of the Reficar arbitration award related liabilities, and the amendment and extension of McDermott's letter of credit and term loan facilities.

    Key Points: 
    • As reported in September 2023, the Transaction Support Agreement reflects strong support of the Company's owners and lenders; extends McDermott's letter of credit and term loan facilities for three years, until mid-2027; and resets McDermott's capital structure for long-term growth and success.
    • Following that, on March 22, the U.S. Court recognized the Dutch and UK rulings pursuant to Chapter 15.
    • We have completed the legal processes and the transactions contemplated by the Transaction Support Agreement smoothly and effectively.
    • Kirkland & Ellis LLP and NautaDutilh served as legal counsel to McDermott; Credit Suisse/UBS served as the Company's financial advisor; and Alvarez & Marsal served as restructuring advisor.

    ECOPETROL S.A. informs about the decision adopted by the Dutch Court on the restructuring process of CB&I N.V., a subsidiary of McDermott International Ltd.

    Retrieved on: 
    Friday, March 22, 2024

    BOGOTA, Colombia, March 22, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Refinería de Cartagena S.A.S.

    Key Points: 
    • BOGOTA, Colombia, March 22, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Refinería de Cartagena S.A.S.
    • Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent  with more than 18,000 employees.
    • These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.
    • You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

    Shenzhen Jiuzi and Maigesong Electric have signed an NDA, entering into negotiations regarding the M&A of Maigesong Electric

    Retrieved on: 
    Monday, March 18, 2024

    HANGZHOU, China, March 18, 2024 /PRNewswire/ -- Shenzhen Jiuzi New Energy Holding Group Co., Ltd. (hereinafter referred to as "Shenzhen Jiuzi") and Shenzhen Maigesong Electric Technology Co., Ltd. (hereinafter referred to as "Maigesong Electric") officially signed a project confidentiality agreement, marking the entry into a substantial negotiation phase regarding the merger and acquisition of Maigesong Electric.

    Key Points: 
    • HANGZHOU, China, March 18, 2024 /PRNewswire/ -- Shenzhen Jiuzi New Energy Holding Group Co., Ltd. (hereinafter referred to as "Shenzhen Jiuzi") and Shenzhen Maigesong Electric Technology Co., Ltd. (hereinafter referred to as "Maigesong Electric") officially signed a project confidentiality agreement, marking the entry into a substantial negotiation phase regarding the merger and acquisition of Maigesong Electric.
    • As a leader in the field of electrical technology, Maigesong Electric boasts strong research and development capabilities and market competitiveness.
    • For Shenzhen Jiuzi, the acquisition of Maigesong Electric will further broaden its business scope and market share, strengthening its market competitiveness and innovative capabilities.
    • Currently, Shenzhen Jiuzi and Maigesong Electric have conducted in-depth negotiations regarding the merger and acquisition matters, fully communicating and exchanging views on merger conditions, asset values, and business integration.

    IoT-based Asset Tracking and Monitoring Market worth $9.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

    Retrieved on: 
    Thursday, March 14, 2024

    Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market.

    Key Points: 
    • Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market.
    • For instance, monitoring of individual animals within the barns and enclosures to track their feed, water consumption, and health comes under the indoor asset tracking of livestock monitoring.
    • North America is expected to hold a significant market share of the IoT-based asset tracking and monitoring market during the forecast period.
    • The North American IoT-based asset tracking and monitoring industry has been studied for the US, Canada, and Mexico.

    IoT-based Asset Tracking and Monitoring Market worth $9.2 billion by 2029 - Exclusive Report by MarketsandMarkets™

    Retrieved on: 
    Thursday, March 14, 2024

    Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market.

    Key Points: 
    • Indoor asset tracking is a rapidly growing segment within the broader IoT-based asset tracking and monitoring market.
    • For instance, monitoring of individual animals within the barns and enclosures to track their feed, water consumption, and health comes under the indoor asset tracking of livestock monitoring.
    • North America is expected to hold a significant market share of the IoT-based asset tracking and monitoring market during the forecast period.
    • The North American IoT-based asset tracking and monitoring industry has been studied for the US, Canada, and Mexico.

    CB Insights Ranks Verana Health as a Leader in EHR-based Patient Recruitment Market

    Retrieved on: 
    Wednesday, March 6, 2024

    SAN FRANCISCO, March 06, 2024 (GLOBE NEWSWIRE) -- Today, Verana Health®, a digital health company dedicated to revolutionizing patient care and clinical research through real-world data, announced that CB Insights ranked Verana Health as a Leader in the EHR-based patient recruitment market.

    Key Points: 
    • SAN FRANCISCO, March 06, 2024 (GLOBE NEWSWIRE) -- Today, Verana Health®, a digital health company dedicated to revolutionizing patient care and clinical research through real-world data, announced that CB Insights ranked Verana Health as a Leader in the EHR-based patient recruitment market.
    • This market is dedicated to leveraging electronic health record (EHR) data to amplify the efficiency and effectiveness of identifying eligible patients for clinical trials.
    • “This ranking from CB Insights underscores our team’s commitment to delivering innovative solutions that can help improve patient outcomes,” said Verana Health CEO Sujay Jadhav.
    • Last year, Verana Health also launched multiple Qdata ® modules across the three therapeutic areas of ophthalmology, neurology, and urology.