RaaS

AITX Invests in Nightingale Security to Bolster Strategic Partnership and Enhance Global Autonomous Security Solutions

Retrieved on: 
Tuesday, June 4, 2024

This investment follows a partnership announced in May , enhancing the commitment to delivering cutting-edge security solutions.

Key Points: 
  • This investment follows a partnership announced in May , enhancing the commitment to delivering cutting-edge security solutions.
  • This investment structure provides AITX with the flexibility to support Nightingale Security’s growth while potentially benefiting from future equity appreciation.
  • Steve Reinharz, CEO/CTO of AITX and RAD, stated, “Our investment in Nightingale Security enhances our technological capabilities and market reach.
  • The partnership highlights the significant impact and growth potential of autonomous security solutions, aiming to redefine security standards globally.

ROBOTWORLD 2024 Presents Early Application Discount Promotions Until June

Retrieved on: 
Friday, May 31, 2024

ROBOTWORLD 2024 , focusing on robotics from A to Z, is offering an early registration discount to companies interested in participating, before the event.

Key Points: 
  • ROBOTWORLD 2024 , focusing on robotics from A to Z, is offering an early registration discount to companies interested in participating, before the event.
  • View the full release here: https://www.businesswire.com/news/home/20240530689790/en/
    ROBOTWORLD 2024 is offering an early registration discount up to 20% on booth costs until June .
  • ROBOTWORLD 2024 will take place October 23-26 at KINTEX in Ilsan, Korea (Graphic: ROBOTWORLD)
    The Korea Association of Robot Industry (KAR) announced an early application discount promotion for ROBOTWORLD.
  • "Given the strong interest from companies seeking to participate in ROBOTWORLD," said an official from the Korea Association of Robot Industry, "we anticipate a record number of applications during the early application discount period.

Guardforce AI Launches AI Robotic Solution 'LinguaBot' Through Strategic Partnership with iApp Technology

Retrieved on: 
Wednesday, May 15, 2024

NEW YORK, NY , May 15, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security provider specializing in secured logistics, Artificial Intelligence (AI) and Robot-as-a-Service (RaaS), today announced the launch of the “LinguaBot” solution in Thailand through a strategic partnership and collaboration with iApp Technology Co., Ltd (“iApp"), a leading Thailand based technology company specializing in AI and data processing management. Additionally, Guardforce AI will host an exclusive product launch event for their customers on Friday, May 17, 2024, in Bangkok, Thailand. The event will also officially unveil two additional AI robotic solutions, including a showcase of tailored AI and robotic solutions for hospital, retail, school, restaurant, and travel markets.

Key Points: 
  • Additionally, Guardforce AI will host an exclusive product launch event for their customers on Friday, May 17, 2024, in Bangkok, Thailand.
  • The event will also officially unveil two additional AI robotic solutions, including a showcase of tailored AI and robotic solutions for hospital, retail, school, restaurant, and travel markets.
  • Dr. Kobkrit Wiriyayutakorn, CEO, and founder of iApp, commented, “We’re thrilled to collaborate with Guardforce AI.
  • Our partnership with iApp underscores our commitment to localizing and customizing robotic solutions, combining AI and advanced technologies to meet the evolving needs of our clients.”

RPower Partners with ViVaVerse Solutions to Develop Resilient Microgrid for Houston's High-Performance Computing (HPC) Data Center Campus

Retrieved on: 
Tuesday, May 21, 2024

RPower, a leading provider of prime and backup power solutions, has partnered with ViVaVerse Solutions to build a 17-megawatt (MW) microgrid at the ViVa Center campus in Houston, Texas.

Key Points: 
  • RPower, a leading provider of prime and backup power solutions, has partnered with ViVaVerse Solutions to build a 17-megawatt (MW) microgrid at the ViVa Center campus in Houston, Texas.
  • The RPower microgrid will employ ultra-low emissions natural gas generators to deliver Resiliency-as-a-Service (RaaS) to ViVaVerse's colocation data center operations during utility outages.
  • “We are thrilled to partner with ViVaVerse to deploy this `first of its kind' microgrid solution in the data center space,” said Jeff Starcher, CEO of RPower.
  • This revamped campus will host the High-Performance Computing Data Center, along with spaces dedicated to technical facilities and mission critical infrastructure.

re.al Launches First Modular RWA L2, Gives Back 100% of Its Revenue to Users, Powered by Arbitrum Orbit

Retrieved on: 
Monday, May 20, 2024

Powered by Arbitrum Orbit and built on Gelato Rollup-as-a-Service (RaaS) Platform, re.al’s new permissionless Layer 2 establishes itself the optimal RWA chain in DeFi, solving the challenges of liquidity, interoperability, and composability of traditional assets on-chain.

Key Points: 
  • Powered by Arbitrum Orbit and built on Gelato Rollup-as-a-Service (RaaS) Platform, re.al’s new permissionless Layer 2 establishes itself the optimal RWA chain in DeFi, solving the challenges of liquidity, interoperability, and composability of traditional assets on-chain.
  • This positions re.al as the top platform for asset issuers to easily launch RWA projects and for investors to efficiently access capital.
    "
  • re.al merges Arbitrum cutting-edge Layer 2 tech with Web3 Services, baked in the chain layer," says Hilmar Orth, Founder of Gelato.
  • The launch of re.al marks a significant step forward for on-chain RWAs, breaking barriers that have previously hindered tokenization adoption.

Drone Leader Nightingale Security and AITX’s Robotic Assistance Devices Announce Global Reach with Targeted Autonomous Security Solutions

Retrieved on: 
Thursday, May 9, 2024

This collaboration leverages Nightingale’s proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally.

Key Points: 
  • This collaboration leverages Nightingale’s proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally.
  • The types of opportunities in the sales funnel and being pursued use a combination of autonomous detection by RAD’s RIO ™ with autonomous dispatch to Nightingale’s autonomous drones.
  • This expansion focuses on specific sectors where autonomous security solutions are not just advantageous but critical.
  • “Our cooperation with Nightingale offers large clients a solution that brings autonomous solutions to dangerous security and surveillance assignments,” commented Steve Reinharz, CEO/CTO of AITX and RAD.

Dyna.Ai conducts global launch and unveils Dyna Athena and Dyna Avatar Solutions for the banking and financial services sector

Retrieved on: 
Monday, May 6, 2024

Dyna.Ai leverages the forefront of AI technology to enhance key business functions within financial and other industries.

Key Points: 
  • Dyna.Ai leverages the forefront of AI technology to enhance key business functions within financial and other industries.
  • The global financial services sector is at a critical juncture, requiring enterprises to adapt rapidly to the AI disruption that's happening right in front of them.
  • The AI platform includes two solutions, one is Dyna Athena for text-to-speech, language and speech processing, and another one is Dyna Avatar for digital human interactions.
  • Dyna Avatar provides real-time digital human interactions, featuring automatic speech recognition and dynamic experiences powered by conversational AI.

Sterling to Add Fixed Income Support to Risk & Margin Service

Retrieved on: 
Thursday, April 25, 2024

Chicago , April 25, 2024 (GLOBE NEWSWIRE) -- Sterling Trading Tech (‘Sterling’), a leading global provider of technology in order management, risk and margin, and trading, today announced plans to support fixed income securities by the end of Q2 2024.

Key Points: 
  • Chicago , April 25, 2024 (GLOBE NEWSWIRE) -- Sterling Trading Tech (‘Sterling’), a leading global provider of technology in order management, risk and margin, and trading, today announced plans to support fixed income securities by the end of Q2 2024.
  • As Sterling grows its OMS and Risk & Margin System offerings, this latest in a series of strategic initiatives across the product suite advantages clients by extending Sterling Risk & Margin’s (SRM) already broad and deep asset coverage.
  • Sterling will use standard FINRA margin requirements for fixed income securities, while allowing for overrides at the company or account level.
  • Said Brian Saldeen, CFA, Senior Product Manager – Risk & Margin, at Sterling: “Firms must have the tools to effectively manage their risk across all asset classes.

Cheap, Independently Produced ‘Junk Gun’ Ransomware Infiltrates the Dark Web, Sophos Finds

Retrieved on: 
Wednesday, April 17, 2024

Since June 2023, Sophos X-Ops has discovered 19 ‘junk gun’ ransomware variants—cheap, independently produced and crudely constructed ransomware variants—on the dark web.

Key Points: 
  • Since June 2023, Sophos X-Ops has discovered 19 ‘junk gun’ ransomware variants—cheap, independently produced and crudely constructed ransomware variants—on the dark web.
  • The developers of these junk gun variants are attempting to disrupt the traditional affiliate-based ransomware-as-a-service (RaaS) model that has dominated the ransomware racket for nearly a decade .
  • Junk gun ransomware discussions are taking place primarily on English-speaking dark web forums aimed at lower-tier criminals, rather than well-established Russian-speaking forums frequented by prominent attacker groups.
  • To learn more about junk gun ransomware and the latest change in the ransomware ecosystem, read “’Junk Gun’ Ransomware: Peashooters Can Still Pack a Punch” on Sophos.com .

GuidePoint Security Finds Increased Ransomware Activity, New Group Behavior Patterns in Q1 2024 Ransomware Report

Retrieved on: 
Thursday, April 18, 2024

GuidePoint Security , a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, announced today the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report .

Key Points: 
  • GuidePoint Security , a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, announced today the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report .
  • In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals.
  • The number of active ransomware groups more than doubled year-over-year, increasing 55% from 29 distinct groups in Q1 2023 to 45 distinct groups in Q1 2024.
  • The industries most impacted by ransomware in Q1 2024 were manufacturing, retail & wholesale and healthcare, respectively.