GAI

Adam & Eva, Inc. Welcomes Kewene-Hite as new CEO

Retrieved on: 
Thursday, March 21, 2024

SAN DIEGO, March 21, 2024 /PRNewswire/ -- Adam & Eva, Inc., a neuro-symbolic architecture Generative AI (GAI) startup, is thrilled to announce the appointment of Paul Kewene-Hite as its new Chief Executive Officer (CEO).

Key Points: 
  • SAN DIEGO, March 21, 2024 /PRNewswire/ -- Adam & Eva, Inc., a neuro-symbolic architecture Generative AI (GAI) startup, is thrilled to announce the appointment of Paul Kewene-Hite as its new Chief Executive Officer (CEO).
  • Paul has decades of work experience with entrepreneurs, start-ups, major technology companies, investment capital, consulting, and government initiatives.
  • He has successfully worked in every corner of a technology company from answering the telephone and emails in technical support to finance to sales and business development to CEO.
  • Paul's enthusiasm for embracing Adam & Eva's science-based neuro-symbolic architecture Gen AI will be instrumental in driving the company's growth to market leadership.

LatentView Analytics Accelerates Enterprise Solutions with NVIDIA AI Enterprise

Retrieved on: 
Tuesday, March 19, 2024

PRINCETON, N.J., March 19, 2024 /PRNewswire-PRWeb/ -- LatentView Analytics, a global digital analytics consulting and solutions firm, today announced its strategic collaboration with NVIDIA, a full-stack computing company specializing in AI and digitalization. This collaboration aims to leverage NVIDIA accelerated computing, which includes the NVIDIA AI Enterprise software platform for the development and deployment of production-grade AI applications, including generative AI. LatentView will be using NVIDIA Triton Inference Server to deliver fast and scalable AI in production and NVIDIA TensorRT to accelerate and optimize inference performance of the latest large language models to create intuitive and comprehensive solutions for business and enterprise customers.

Key Points: 
  • PRINCETON, N.J., March 19, 2024 /PRNewswire-PRWeb/ -- LatentView Analytics , a global digital analytics consulting and solutions firm, today announced its strategic collaboration with NVIDIA, a full-stack computing company specializing in AI and digitalization.
  • This collaboration aims to leverage NVIDIA accelerated computing, which includes the NVIDIA AI Enterprise software platform for the development and deployment of production-grade AI applications, including generative AI.
  • LatentView will accelerate the adoption of AI for businesses as it leverages the best of NVIDIA accelerated computing to develop intelligent and automated data and analytics solutions.
  • LatentView Analytics has already begun using NVIDIA technology to further enhance its analytics solutions, particularly its GenAI-powered insights engine, InsightsIQ.

Parks Associates: Generative AI is Paving the Way for Innovative Streaming Business Models

Retrieved on: 
Wednesday, March 13, 2024

DALLAS, March 13, 2024 /PRNewswire/ -- Parks Associates, in partnership with FPT Software, today announced new research, Maximizing Returns: Generative AI's Impact on Entertainment, addressing the emergence of generative AI (GAI) and its impact on the entertainment industry and streaming services. Parks Associates research shows that consumers now spend $73 per month on average on streaming services, an amount similar to the monthly costs of traditional pay TV.

Key Points: 
  • Rising content costs are driving a surge in service consolidation, higher subscription costs for consumers, and higher expenses for streaming providers.
  • "The automation afforded by generative AI can easily shave off many hours of work for individual contributors – and save expenses for companies."
  • "FPT Software is investing heavily in AI – both Generative AI and Machine Learning – and partnering with our customers to drive innovation throughout the ecosystem."
  • "The world of AI is evolving quickly and those that evolve along with it will be able to transform their business."

SEALSQ Announces at LEAP its Intension to Establish an Open Semiconductors Assembly and Test (OSAT) Center in Saudi Arabia

Retrieved on: 
Monday, March 4, 2024

SEALSQ is currently in active discussions to launch three major projects across Europe, the Middle East, and the Far East.

Key Points: 
  • SEALSQ is currently in active discussions to launch three major projects across Europe, the Middle East, and the Far East.
  • This paves the way for semiconductors that are quantum-resistant, self-optimizing, and capable of adapting to emerging threats and operational demands.
  • Saudi Arabia's commitment to building smart cities, epitomized by the ambitious NEOM project, underscores the crucial role of semiconductors.
  • As Saudi Arabia strides confidently towards its Vision 2030 objectives, the semiconductor industry emerges as a critical pillar of its economic and technological strategy.

Elastic Reports Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, February 29, 2024

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024.

Key Points: 
  • Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024.
  • We present historical and forward-looking non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
  • See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of these non-GAAP measures.
  • There was no impact to operating results, non-GAAP diluted earnings per share, adjusted free cash flow or cash and cash equivalents.

Generaitiv Introduces Custom AI Engagement Bots to Empower Digital Communities Everywhere

Retrieved on: 
Thursday, January 18, 2024

Toronto, Canada, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Generaitiv - a decentralized, community-driven AI app store - introduced Custom AI Engagement Bots to provide digital communities with AI image generator bots specifically trained on their content and/or brand imagery.

Key Points: 
  • Toronto, Canada, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Generaitiv - a decentralized, community-driven AI app store - introduced Custom AI Engagement Bots to provide digital communities with AI image generator bots specifically trained on their content and/or brand imagery.
  • Notably, all communities using Generaitiv's Custom AI Bots have a combined Market Cap of over $100 million USD.
  • Generaitiv collaborates with numerous creators within the Generaitiv community to train custom AI models and construct new bots.
  • Lastly, Generaitiv increases the benefits for digital communities using its custom AI bots and $GAI token.

Powder’s AI-Powered Co-Analyst for Financial Advisors Steps into the Spotlight at T3 FinTech Conference

Retrieved on: 
Monday, January 22, 2024

Journalists and financial advisors attending T3 are invited to stroll down the “emerging technology aisle” and see for themselves how Powder is transforming client engagement and client experience for Powder’s early adopters.

Key Points: 
  • Journalists and financial advisors attending T3 are invited to stroll down the “emerging technology aisle” and see for themselves how Powder is transforming client engagement and client experience for Powder’s early adopters.
  • “I’m incredibly excited about what Powder is delivering,” said Jon Xu, product builder and investor in Powder.
  • Xu is known in the T3 community and independent investment advisory world as co-founder of a venture-backed Robo-Advisor startup called FutureAdvisor that was ultimately acquired by BlackRock.
  • In addition to helping advisors obtain new clients, Powder’s capabilities are an important tool in servicing new and existing clients.

Time is Running Out to Close the Widening Skills Gap, Reveals New Research from TrueBlue's PeopleScout in Partnership with Spotted Zebra

Retrieved on: 
Tuesday, January 23, 2024

CHICAGO,  Jan. 23, 2024 /PRNewswire/ -- TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced the results of a comprehensive study from leading recruitment process outsourcing provider PeopleScout, a TrueBlue company, and Spotted Zebra, an award-winning HR tech company. The study's findings demonstrate the surprising conclusion that nine out of 10 HR leaders believe that up to 50 percent of their workforce w  ill need to be reskilled in the next five years, with only seven percent reporting an active investment in their reskilling programs.

Key Points: 
  • An estimated 85 million jobs could go unfilled by 2030 that will cost $8.5 trillion in lost revenue, according to The World Economic Forum.
  • The report indicates talent shortages are the most widespread across industries including education, hospitality, healthcare, technology, and manufacturing.
  • Approximately 80 percent of organizations reported their top workforce challenge is recruiting skilled talent, followed by retaining key personnel and upskilling current employees.
  • Despite this essential need for skills alignment, companies continue to prioritize degrees and experience over skills when making hiring decisions.

Adopting reusable digital identity is key to building prosperous and economically inclusive societies: Ricardo Amper

Retrieved on: 
Thursday, January 18, 2024

Reusable digital identity is fundamental for rebuilding trust among businesses, governments, and citizens.

Key Points: 
  • Reusable digital identity is fundamental for rebuilding trust among businesses, governments, and citizens.
  • It reduces costs for doing business and significantly decreases fraud in public and private interactions.
  • DAVOS, Switzerland, Jan. 18, 2024 /PRNewswire/ -- The use of reusable digital identities is one innovative solution to address the need for building safer, prosperous, and economically inclusive societies, while rebuilding trust among businesses, governments, and citizens, stated Ricardo Amper, founder and CEO of Incode Technologies, a global leader in identity verification, in discussions with attendees at the World Economic Forum in Davos.
  • For more information, about how Incode is revolutionizing trust and inclusion in the digital age, visit this blog .

Micron First to Market With LPDDR5X-based LPCAMM2 Memory, Transforming User Experiences for PCs

Retrieved on: 
Tuesday, January 9, 2024

Sampling now with production in the first half of 2024, LPCAMM2 is the first disruptive new form factor for client PCs since the introduction of small outline dual inline memory modules (SODIMMs) in 1997.

Key Points: 
  • Sampling now with production in the first half of 2024, LPCAMM2 is the first disruptive new form factor for client PCs since the introduction of small outline dual inline memory modules (SODIMMs) in 1997.
  • “Micron is transforming the laptop user’s experience with the LPCAMM2 product that will deliver best-in-class performance per watt in a flexible, modular form factor,” said Praveen Vaidyanathan, vice president and general manager of Micron’s Compute Products Group.
  • “We are proud of our strong relationship and joint development effort with Micron to be one of the first to market in bringing this flexible memory offering to our customers.
  • To learn more about the innovative features and advantages of Micron’s LPCAMM2 offering, visit: www.micron.com/LPDRAM .