GIA

VERSES Announces Technical Breakthrough And Patent Filing for Its Next-Gen AI 

Retrieved on: 
Wednesday, May 24, 2023

VERSES AI Inc.'s new invention is designed to streamline and automate the creation of 'intelligent agents' or digital taskmasters.

Key Points: 
  • VERSES AI Inc.'s new invention is designed to streamline and automate the creation of 'intelligent agents' or digital taskmasters.
  • This patent application reflects the process of this standards-based AI agent generation and forms the basis for VERSES' ongoing advancements in the AI space.
  • "We believe our latest patent filing marks a pivotal moment in the evolution of AI," said Gabriel René CEO of VERSES AI.
  • The patent application is the latest in a new series related to VERSES' recent technological advancements in the AI landscape.

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination

Retrieved on: 
Friday, May 26, 2023

GigCapital5, Inc. (“GigCapital5” or the “Company”) (NASDAQ: GIA), a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase reorganization or similar business combination with one or more businesses or entities, today announced that its Trust Account has been funded with a $100,000 payment, extending the date by which it has to consummate a business combination by an additional one (1) month period.

Key Points: 
  • GigCapital5, Inc. (“GigCapital5” or the “Company”) (NASDAQ: GIA), a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase reorganization or similar business combination with one or more businesses or entities, today announced that its Trust Account has been funded with a $100,000 payment, extending the date by which it has to consummate a business combination by an additional one (1) month period.
  • In consideration for the deposit, the Company has amended and restated the existing unsecured non-convertible interest free promissory note to include the additional loan amount, so the aggregate principal amount under such promissory note together with similar deposits made on September 26, 2022, October 26, 2022, November 28, 2022, December 27, 2022, January 25, 2023, February 27, 2023, March 28, 2023, and April 27, 2023 was increased to the total of $1,260,000.
  • Such principal amount will be repaid in connection with the closing of GigCapital5’s initial business combination.
  • As a result of the deposits into the Trust Account, the period of time that GigCapital5 has to consummate a business combination has been extended to June 28, 2023.

BOE attends SID Display Week 2023, presenting trailblazing semiconductor display technologies

Retrieved on: 
Wednesday, May 24, 2023

It was the 60th edition of the SID Display Week and coincided with the 30th anniversary of the founding of BOE, a global leader in the semiconductor display industry.

Key Points: 
  • It was the 60th edition of the SID Display Week and coincided with the 30th anniversary of the founding of BOE, a global leader in the semiconductor display industry.
  • During the event, BOE also hosted the inaugural "Define the Future – BOE Innovation Ecosystem Forum" jointly with its partners, providing deep insights into the future of the global semiconductor display industry along with SID.
  • It was one of the many state-of-the-art technologies BOE exhibited at the event, giving a glimpse of an even smarter, more fantastic and more power-efficient future of the semiconductor display industry.
  • At SID Display Week 2023, BOE's unprecedented 17-inch bendable laptop display was a magnet.

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

Retrieved on: 
Thursday, April 27, 2023

Such principal amount will be repaid in connection with the closing of GigCapital5’s initial business combination.

Key Points: 
  • Such principal amount will be repaid in connection with the closing of GigCapital5’s initial business combination.
  • As a result of the deposits into the Trust Account, the period of time that GigCapital5 has to consummate a business combination has been extended to May 28, 2023.
  • In addition, on April 27, 2023, the Company amended and restated the existing working capital promissory note issued to the Sponsor to include the additional loan amount of $65,000, so the aggregate principal amount under such working capital promissory note was increased to the total of $870,000.
  • The promissory note is non-interest bearing and may be converted at the Sponsor’s election upon the consummation of the initial business combination into units identical to the private placement units issued in connection with the Company’s initial public offering at a price of $10.00 per unit.

MassMutual Expands Stable Value Offerings

Retrieved on: 
Wednesday, April 26, 2023

Massachusetts Mutual Life Insurance Company ( MassMutual ) has announced an expansion to its robust suite of stable value offerings for the defined contribution (DC) market with its launch of a Guaranteed Interest Account* (GIA).

Key Points: 
  • Massachusetts Mutual Life Insurance Company ( MassMutual ) has announced an expansion to its robust suite of stable value offerings for the defined contribution (DC) market with its launch of a Guaranteed Interest Account* (GIA).
  • MassMutual has been in the stable value business for more than five decades and has over $37 billion in stable value assets serving the needs of multiple plan fiduciaries.
  • “With this addition to our robust mix of solutions, we are further expanding MassMutual’s strong presence in the stable value marketplace,” said Aruna Hobbs , head of MassMutual’s stable value investments business.
  • *The MassMutual Guaranteed Interest Account (or “GIA”) is a general account product designed as a principal-protected, stable value investment option and is only available through an unregistered MassMutual Group Annuity Contract.

JEAN DOUSSET SHATTERS THE DIAMOND INDUSTRY WITH BOLD MOVE TO 100% LAB-GROWN DIAMONDS

Retrieved on: 
Monday, April 17, 2023

LOS ANGELES, April 17, 2023 /PRNewswire/ -- Designer jewelry brand Jean Dousset is redefining itself through a sweeping rebrand campaign, accompanied by its move to exclusively offer luxury lab diamond engagement rings and fine jewelry. Motivated by the belief that luxury is about acquiring what you desire, Jean Dousset is breaking down the barriers created by traditional jewelry houses.

Key Points: 
  • Motivated by the belief that luxury is about acquiring what you desire, Jean Dousset is breaking down the barriers created by traditional jewelry houses.
  • "The new Jean Dousset stands for 'legacy liberated'," said Jean Dousset, Founder, Designer, and CEO of Jean Dousset.
  • Rather than following the standards of traditional gatekeepers, Jean Dousset brings the same mastery of heritage fine jewelers to the revolutionary category of lab diamonds.
  • All Jean Dousset center stone diamonds over 1 carat are exclusively GIA certified, the industry standard for diamond grading.

MINISO #MysteryDiamondHunt: Real Diamonds to be Won in MINISO's Blind Boxes

Retrieved on: 
Thursday, April 13, 2023

All of the precious stones are set on MINISO limited edition MINI Family figurines, bringing the brand's unique spirit of fun to global consumers.

Key Points: 
  • All of the precious stones are set on MINISO limited edition MINI Family figurines, bringing the brand's unique spirit of fun to global consumers.
  • Blind boxes have gained immense popularity globally, especially among the younger generation, with Millennials and Gen Z consumers showing a keen interest in collecting them.
  • MINISO has capitalized on this trend with their exclusive blind box offerings, resulting in an impressive 110% YoY increase in overseas sales of the brand's blind boxes in 2022.
  • Embracing the thrill of unboxing real diamonds and crystals is sure to bring unforgettable MINISO memories to users all around the world!

GigCapital5, Inc. Announces Transfer of Listing To Nasdaq

Retrieved on: 
Tuesday, April 11, 2023

GigCapital5, Inc. (NYSE: GIA) (“GigCapital5”), a publicly-traded special purpose acquisition company, announced today that it intends to move the listing of its common stock (“GigCapital5 Common Stock”) from the New York Stock Exchange (the “NYSE”) to The Nasdaq Global Market (“Nasdaq”) on or around April 26, 2023.

Key Points: 
  • GigCapital5, Inc. (NYSE: GIA) (“GigCapital5”), a publicly-traded special purpose acquisition company, announced today that it intends to move the listing of its common stock (“GigCapital5 Common Stock”) from the New York Stock Exchange (the “NYSE”) to The Nasdaq Global Market (“Nasdaq”) on or around April 26, 2023.
  • While the GigCapital5 Common Stock will be listed for trading at Nasdaq, the units and warrants of GigCapital5 will trade at the OTC Markets Group Inc.
  • The decision to list on Nasdaq was made in consideration of the proposed business combination (the “Business Combination”) of GigCapital5 with QT Imaging, Inc. (“QT Imaging”) and will enable the post-combination company to be listed alongside the other innovative technology companies that are also listed on Nasdaq.
  • GigCapital5 expects the GigCapital5 Common Stock to commence trading on Nasdaq on or about April 26, 2023 under the symbol “GIA”.

GigCapital5, Inc. Announces Stockholder Approval of Extension Amendment to the Amended and Restated Certificate of Incorporation and Investment Management Trust Agreement

Retrieved on: 
Tuesday, March 28, 2023

Accordingly, GigCapital5’s Trust Account has been funded with a $100,000 payment for the one-month extension period.

Key Points: 
  • Accordingly, GigCapital5’s Trust Account has been funded with a $100,000 payment for the one-month extension period.
  • Such principal amount will be repaid in connection with the closing of GigCapital5’s initial business combination.
  • As a result of the deposits into the Trust Account, the period of time that GigCapital5 has to consummate a business combination has been extended by a month to April 28, 2023.
  • In addition, on March 28, 2023, the Company amended and restated the existing working capital promissory note issued to the Sponsor to include the additional loan amount of $130,000, so the aggregate principal amount under such working capital promissory note was increased to the total of $805,000.

LANDMARK STUDY ESTABLISHES STANDARDS FOR DEI INCLUSIVE BEHAVIORS

Retrieved on: 
Monday, March 27, 2023

NEW YORK, March 27, 2023 /PRNewswire/ -- The Global Inclusion Analytics Index (GIA Index), published by RW3 CultureWizard, is based on the assessment results of 140,000 corporate employees from a cross-section of global industries.

Key Points: 
  • Benchmark study of 140,000 corporate employees enables organizations to measure their progress towards Diversity and Inclusion goals.
  • "CEOs and other C-Suite executives all strive to create a truly inclusive organization, and the most inclusive organizations consistently outperform their competition," says Joshua Sturtevant, VP of Strategic Development at RW3 CultureWizard.
  • The GIA Index is based on nine dimensions of inclusive behavior, such as Bias Awareness, Cognitive Flexibility, and Exposure to Diversity.
  • It is the first major study and index that measures actual behavior rather than employees' attitudes about their organizations.