NASDAQ:MARK

Remark Holdings Sets Fiscal Year 2023 Financial Results Call for April 15, 2024, at 4:30 p.m. ET

Retrieved on: 
Monday, April 8, 2024
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LAS VEGAS, April 8, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the company's conference call to review financial results for its fiscal year ended December 31, 2023, will be held on Monday, April 15th, 2024, at 4:30 p.m. Eastern time.

Key Points: 
  • LAS VEGAS, April 8, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the company's conference call to review financial results for its fiscal year ended December 31, 2023, will be held on Monday, April 15th, 2024, at 4:30 p.m. Eastern time.
  • In addition to fiscal year 2023 financial results, management will provide an update on the company's AI businesses in Asia, Europe, Latin America, and the United States and the progress made across its AI platform.
  • The live conference may be accessed via telephone or online webcast.

Remark AI Launches its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP)

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Wednesday, March 27, 2024
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LAS VEGAS, March 27, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the release of its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP). Remark AI developed the ASP to safely reduce inspection times associated with aircraft engine maintenance as well as provide anti-collision tools for aircraft towing and other functionalities, all while improving the collection and reporting of essential performance data in a multi-modal format. 

Key Points: 
  • Top ten global airline has adopted and implemented the Aviation Safety Platform after eighteen months of rigorous testing.
  • Recent Sales and Marketing distribution agreements with Microsoft Azure help speed deployment and adoption among Microsoft's global aviation clients so that Remark AI's Aviation Safety Platform (ASP) can reduce potential accidents and incidents from happening.
  • LAS VEGAS, March 27, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the release of its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP).
  • "Having first launched Remark AI's Railway and now Aviation Safety Platforms, it speaks to the strength of the multi-modal AI platform.

Remark Holdings Enters into Cloud Services Agreement with Microsoft

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Thursday, February 29, 2024
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LAS VEGAS, Feb. 29, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTC: MARK), a leading provider of artificial intelligence solutions, today announced it has signed a cloud services agreement with Microsoft, to deliver cloud services via Microsoft Azure to Remark over the next five years. This collaboration allows Remark to rapidly broaden its sales and marketing through the Microsoft Azure Marketplace, providing institutional credibility for prospective IT departments' approval, as well as rapidly scaling Remark's AI inference and training models. The five-year agreement is expected to drive $240 million of AI business for Remark by 2029.

Key Points: 
  • LAS VEGAS, Feb. 29, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTC: MARK), a leading provider of artificial intelligence solutions, today announced it has signed a cloud services agreement with Microsoft, to deliver cloud services via Microsoft Azure to Remark over the next five years.
  • Concurrent with the establishment of the collaboration with Microsoft, Remark AI, a business unit of Remark Holdings, introduced its first SaaS-based AI video analytics platform, Remark Vision Analytics (RVA), that integrates Microsoft Azure Cloud and GPU Services.
  • As part of its strategy to deliver best-in-class solutions to customers, Remark AI will release additional computer vision offerings that integrate Microsoft Azure Infrastructure Cloud Services, and GPU services.
  • The computer vision applications from Remark AI use Azure GPU services to train Remark AI's large, multimodal image models to analyze mission-critical events or incidents in real time.

Remark Holdings Adjourns Annual Shareholder Meeting UntilJanuary 8, 2024

Retrieved on: 
Friday, December 29, 2023
Artificial intelligence

LAS VEGAS, Dec. 29, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Monday, January 8, 2024 at 1:00 p.m.

Key Points: 
  • LAS VEGAS, Dec. 29, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Monday, January 8, 2024 at 1:00 p.m.
  • ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings Adjourns Annual Shareholder Meeting Until December 29, 2023

Retrieved on: 
Wednesday, December 6, 2023
Artificial intelligence, Cryptocurrency

LAS VEGAS, Dec. 6, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Friday, December 29, 2022 at 1:00 p.m.

Key Points: 
  • LAS VEGAS, Dec. 6, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the adjournment of its annual shareholder meeting until Friday, December 29, 2022 at 1:00 p.m.
  • ET, to provide additional time to solicit votes to reach a quorum and conduct business.

Remark Holdings, Inc. Releases Version 1.0 of its AI-powered Video Analytics System for Aircraft Engine Inspections And Safety

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Thursday, November 30, 2023
Aircraft, Pratt & Whitney, Aviation, MRO, Qatar Airways, Safety, Aviation Week Network, Finance lease, Insurance, Artificial intelligence, Delta Air Lines, Farnborough International Airshow Radio, American Airlines, Rolls-Royce, Farnborough Airshow, GE Aviation, Airline, Maintenance (technical), British Airways, Airbus, Boeing, United Airlines, Overhaul, Japan Airlines

Remark's AESIS is intended for use by airlines, airline maintenance teams, engine manufacturers, airplane manufacturers, aircraft leasing companies, insurance companies, regulators, etc.

Key Points: 
  • Remark's AESIS is intended for use by airlines, airline maintenance teams, engine manufacturers, airplane manufacturers, aircraft leasing companies, insurance companies, regulators, etc.
  • Any deviations or defects from these specifications can lead to performance, efficiency, and most importantly, safety issues.
  • Remark's AESIS 1.0 detects in real-time critical defects or damage in all types of aircraft engine turbine blades that have the potential for ablation, cracks, or other forms of damage.
  • Remark intends to demonstrate its Aircraft Engine Inspection System at the MRO (i.e.

Remark Holdings Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 20, 2023
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LAS VEGAS, Nov. 20, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced its financial results for its quarter ended September 30, 2023. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC (www.sec.gov).

Key Points: 
  • For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC ( www.sec.gov ).
  • "During the third quarter of 2023, our team continued its tireless efforts to develop strategic relationships with top-level channel partners and with the best systems integrators—relationships that will position Remark to both geographically diversify and then quickly scale up business," said Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings.
  • Revenue for the third quarter of 2023 totaled $0.2 million, compared to $2.8 million during the same quarter in 2022.
  • The company's operating loss decreased to $4.1 million in the 2023 third quarter compared to $6.7 million in the same period of 2022.

Remark Holdings Sets Third Quarter 2023 Financial Results Call for November 20, 2023, at 4:30 p.m. ET

Retrieved on: 
Wednesday, November 15, 2023
Telephone, Artificial intelligence, Medical device, Broadcasting

LAS VEGAS, Nov. 15, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced the company's conference call to review financial results for its fiscal third quarter ended September 30, 2023, will be held on Monday, November 20, 2023, at 4:30 p.m. Eastern time.

Key Points: 
  • LAS VEGAS, Nov. 15, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced the company's conference call to review financial results for its fiscal third quarter ended September 30, 2023, will be held on Monday, November 20, 2023, at 4:30 p.m. Eastern time.
  • In addition to the third quarter of 2023 financial results, management will provide an update on the company's AI businesses in Asia, Europe, and the United States and the progress made across its AI platform.
  • The live conference may be accessed via telephone or online webcast.

Remark announces sales and marketing collaboration with Arrow Electronics and Intel

Retrieved on: 
Monday, October 30, 2023
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LAS VEGAS, Oct. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing initiative with Arrow Electronics (NYSE: ARW) and Intel (Nasdaq: INTC).

Key Points: 
  • LAS VEGAS, Oct. 30, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI") -powered video analytics, today announced a sales and marketing initiative with Arrow Electronics (NYSE: ARW) and Intel (Nasdaq: INTC).
  • This collaborative initiation broadens Remark's reach to Arrow's more than 200,000 customers, providing them with Intel-powered AI servers that run Remark's Smart Safety Platform (SSP), with Arrow providing distribution, inventory, and logistical sales support.
  • Shing Tao, Chief Executive Officer of Remark Holding comments, "We are thrilled to work with Arrow and Intel.
  • AI-powered computer vision requires the latest chips to provide tremendous computing power and performance, which optimizes well on Intel processors.

Remark Holdings is recognized as a representative vendor for Computer Vision Perceptive Systems by Gartner AI Analyst Erick Brethenoux in his research report, What is Artificial Intelligence? Ignore the hype; Here's where to start

Retrieved on: 
Monday, October 16, 2023
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LAS VEGAS, Oct. 16, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI")-powered video analytics solutions, has been recognized as a representative vendor for Computer Vision Perceptive Systems by Gartner AI Analyst Erick Brethenoux in his research report, What is Artificial Intelligence?

Key Points: 
  • LAS VEGAS, Oct. 16, 2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial intelligence ("AI")-powered video analytics solutions, has been recognized as a representative vendor for Computer Vision Perceptive Systems by Gartner AI Analyst Erick Brethenoux in his research report, What is Artificial Intelligence?
  • Erick Brethenoux is leading Gartner's Artificial Intelligence steering council.
  • Mr. Brethenoux guides organizations on the strategic, organizational and technology aspects of using artificial intelligence as a driving force of their growth.
  • In particular, his research focuses on the operationalization of artificial intelligence techniques and practices, AI engineering and next-generation decision intelligence systems.