2U

GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&A

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星期四, 五月 9, 2024

SUNNYVALE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reiterated the key highlights from its recent earnings call for the fourth quarter of fiscal year 2024 held on Thursday, May 2, 2024.

Key Points: 
  • This is the first Rad Hard shipment for a non-U.S.-based mission, giving GSI exposure within the ESA community.
  • Announced initiating a broad strategic review to maximize stockholder value and retained Needham & Company, LLC as the strategic and financial advisor.
  • GSI’s software team is actively writing libraries to develop new applications on the edge or near the edge for Gemini-II.
  • “Engaging Needham & Company underscores our proactive approach to fortifying our market position and financial health and maximizing stockholder value,” said Lee-Lean Shu, CEO of GSI Technology.

2U Reports Results for First Quarter 2024

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星期四, 五月 2, 2024

LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024.

Key Points: 
  • LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024.
  • "While we are pleased that first quarter results were better than our expectations, significant work remains to execute our turnaround," added Matthew Norden, Chief Financial Officer of 2U.
  • Costs and expenses for the quarter totaled $225.7 million, a 13% decrease from $258.7 million in the first quarter of 2023.
  • In addition, guidance assumes the following: (i) no new portfolio management activities in 2024 and (ii) revenue from 2023 portfolio management activities of $15 million in full-year 2024.

ExaGrid’s Tiered Backup Storage Named “Data Backup Solution of the Year” in 5th Annual Data Breakthrough Awards Program

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星期二, 四月 16, 2024

ExaGrid ®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that its Tiered Backup Storage has been selected as winner of the “Data Backup Solution of the Year” award in the 5th annual Data Breakthrough Awards program conducted by Data Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market today.

Key Points: 
  • ExaGrid ®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that its Tiered Backup Storage has been selected as winner of the “Data Backup Solution of the Year” award in the 5th annual Data Breakthrough Awards program conducted by Data Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market today.
  • View the full release here: https://www.businesswire.com/news/home/20240416869303/en/
    ExaGrid’s breakthrough Tiered Backup Storage provides comprehensive security, ransomware recovery, multiple disaster recovery options, and more.
  • The 5th annual Data Breakthrough Award program attracted thousands of nominations from across the globe.
  • “ExaGrid’s unique architecture, its constant innovation, and its dedication to offering the best backup storage solution, sets ExaGrid Tiered Backup Storage apart; we’re thrilled to award them with our 2024 ‘Data Backup Solution of the Year!’ designation.”

India E-learning Market is Set to Dominate the Education Landscape - More than $28.46 Billion Opportunities in the Next 6 Years - Exclusive Focus Insight Report by Arizton

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星期四, 四月 25, 2024

CHICAGO, April 25, 2024 /PRNewswire/ -- According to Arizton's latest research report, the India e-learning market is growing at a CAGR of 18.57% during 2023-2029.

Key Points: 
  • With over a billion people and a large youth demographic, India presents a vast market for e-learning offerings.
  • The e-learning market in India is witnessing remarkable growth because of the increasing penetration of the internet, widespread availability of internet-enabled devices, and a growing youth demographic.
  • Among the prominent players dominating this market are Udemy, Think & Learn (BYJU'S), Coursera, 2U (edX), and Sorting Hat Technologies (Unacademy).
  • Hence, the increasing embrace of AR and VR technology will fuel growth in the Indian e-learning market during the forecast period.

India E-learning Market is Set to Dominate the Education Landscape - More than $28.46 Billion Opportunities in the Next 6 Years - Exclusive Focus Insight Report by Arizton

Retrieved on: 
星期四, 四月 25, 2024

CHICAGO, April 25, 2024 /PRNewswire/ -- According to Arizton's latest research report, the India e-learning market is growing at a CAGR of 18.57% during 2023-2029.

Key Points: 
  • With over a billion people and a large youth demographic, India presents a vast market for e-learning offerings.
  • The e-learning market in India is witnessing remarkable growth because of the increasing penetration of the internet, widespread availability of internet-enabled devices, and a growing youth demographic.
  • Among the prominent players dominating this market are Udemy, Think & Learn (BYJU'S), Coursera, 2U (edX), and Sorting Hat Technologies (Unacademy).
  • Hence, the increasing embrace of AR and VR technology will fuel growth in the Indian e-learning market during the forecast period.

2U, Inc. Announces Date for 2024 First Quarter Earnings Report

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星期二, 四月 23, 2024

LANHAM, Md., April 23, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its first quarter 2024 financial and operational results on Thursday, May 2, 2024.

Key Points: 
  • LANHAM, Md., April 23, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its first quarter 2024 financial and operational results on Thursday, May 2, 2024.
  • Paul Lalljie, Chief Executive Officer, and Matthew Norden, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m.
  • To participate in the conference call by telephone from the U.S., dial 1-888-330-2446 (toll-free), or from outside the U.S., dial 1-240-789-2732 (toll), and provide conference ID number 1153388.
  • A recording of the webcast will be posted to 2U's Investor Relations website as soon as it is available.

Accelerating Networking and Edge AI with AEWIN High Performance Network Appliances and Edge Servers Powered by AMD Siena

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星期二, 三月 26, 2024

TAIPEI, March 26, 2024 /PRNewswire/ -- AEWIN provides a series of performant Network Appliances and Edge Server powered by single AMD Zen 4c EPYC 8004 processor codenamed Siena.

Key Points: 
  • TAIPEI, March 26, 2024 /PRNewswire/ -- AEWIN provides a series of performant Network Appliances and Edge Server powered by single AMD Zen 4c EPYC 8004 processor codenamed Siena.
  • Siena SP6 CPU has the best performance per watt and is with the support of rich I/O and CXL 1.1.
  • Benefited from the Siena CPU with energy efficiency, both models feature extraordinary computing performance and short-depth design (SCB-1945: 548mm; SCB-1947A: 600mm) to achieve faster speeds for Edge Computing and Networking.
  • In addition to the GPU slots, there are 4x PCIe 5.0 x8 slots available for NIC, accelerators, or NVMe SSDs.

Accelerating Networking and Edge AI with AEWIN High Performance Network Appliances and Edge Servers Powered by AMD Siena

Retrieved on: 
星期二, 三月 26, 2024

TAIPEI , March 26, 2024 /PRNewswire/ -- AEWIN provides a series of performant Network Appliances and Edge Server powered by single AMD Zen 4c EPYC 8004 processor codenamed Siena.

Key Points: 
  • TAIPEI , March 26, 2024 /PRNewswire/ -- AEWIN provides a series of performant Network Appliances and Edge Server powered by single AMD Zen 4c EPYC 8004 processor codenamed Siena.
  • Siena SP6 CPU has the best performance per watt and is with the support of rich I/O and CXL 1.1.
  • Benefited from the Siena CPU with energy efficiency, both models feature extraordinary computing performance and short-depth design (SCB-1945: 548mm; SCB-1947A: 600mm) to achieve faster speeds for Edge Computing and Networking.
  • In addition to the GPU slots, there are 4x PCIe 5.0 x8 slots available for NIC, accelerators, or NVMe SSDs.

edX Named to Fast Company's 2024 List of "Most Innovative Companies" for AI Advancements in Education

Retrieved on: 
星期二, 三月 19, 2024

LANHAM, Md., March 19, 2024 /PRNewswire/ -- edX, the global online learning platform from 2U, Inc. (Nasdaq: TWOU), has once again been included on Fast Company's annual list of the World's Most Innovative Companies. This list recognizes companies that are transforming business, shaping society, and paving the way for the innovations of tomorrow. For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.

Key Points: 
  • For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.
  • As a part of 2U, edX connects more than 83 million people with access to high-quality online education.
  • edX's inclusion in this year's list is a result of 2U's innovations in AI that seek to enhance and improve learners' experiences.
  • "Through our AI advancements, we're not just shaping the future of learning, but empowering individuals worldwide to thrive in the age of AI."

Tachyum Has Disclosed 1U and 2U Server/HPC/AI Reference Designs

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星期二, 三月 5, 2024

Tachyum’s platform strategy includes offering evaluation platforms for early testing with OEMs and ODMs able to incorporate Prodigy into their own designs.

Key Points: 
  • Tachyum’s platform strategy includes offering evaluation platforms for early testing with OEMs and ODMs able to incorporate Prodigy into their own designs.
  • The 1U platform, targeting applications such as AI inference and a wide range of cloud applications, follows in the second quarter.
  • Chenbro’s standard chassis products provide solutions for both 1U and 2U that address Prodigy’s high-performance requirements, allowing Tachyum to focus on the device and motherboard development.
  • Chenbro's 1U and 2U chassis complement Tachyum's Prodigy, ensuring seamless integration and unmatched performance.