News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

HTX to Initiate the $HT to $HTX Conversion for a New Chapter of Decentralized Governance

HTX

Singapore, January 24, 2024 - HTX, the cryptocurrency trading platform, is set to list HTX DAO's governance token, $HTX, and support converting $HT to $HTX. This move signifies the decade-long exchange's full adoption of the decentralized governance approach, ushering in a new era where industry-wide users are a part of the decision-making process. Announcement link: https://www.htx.com/support/en-us/detail/104958763476521 $HT to $HTX Conversion: Redefining the Cryptocurrency Exchange HTX DAO, an open, transparent decentralized autonomous organization (DAO), plays a pivotal role in the empowerment of the HTX exchange with profound market insights and robust community-driven strength. On the occasion of the establishment of HTX DAO, Justin Sun, a member of HTX's Global Advisory Board, emphasized that platform tokens are a groundbreaking innovation in the blockchain industry. He noted that these tokens, recognized as a new asset class, fostered a new sector that had flourished the entire crypto space. However, Sun stressed that empowering platform tokens should not merely focus on simple moves such as exchange buybacks and the burning mechanism for the public chain platform tokens. Instead, these tokens should delve deeper into the key aspects of exchange businesses, including decision-making, governance, and operations for genuine decentralization, he added. According to HTX's official announcement, the service of converting $HT to $HTX will be available starting on January 22, 2024, at 08:00 (UTC). $HT holders can log in to their HTX accounts and exchange $HT for $HTX with a simple click of Confirm to Convert on the conversion page. Users have the choice to complete the conversion at any time between January 22, 2024, 08:00 (UTC) and January 20, 2025, 08:00 (UTC). After January 20, 2025, 08:00 (UTC), HTX will no longer provide conversion services. Additionally, users can choose to make conversions through the HTX app or website. The $HT to $HTX conversion channel is accessible via the app (Home/Assets/Trade pages) or website (Activity/Assets/Trade on the navigation bar). On the conversion page, enter your desired amount of $HT to be converted in the upper field. Then, the corresponding amount of $HTX you can receive will be displayed in the lower field. Tap Confirm to Convert to start a conversion and tap Claim when your $HTX is available to get your $HTX credited to your Spot account. Explore Ways to Build New Order Through $HTX As the governance token of HTX DAO, $HTX seeks to catalyze a vibrant ecosystem by facilitating decentralized decision-making and granting the voting right. This will motivate every participant to play their crucial role in shaping decentralization governance and blockchain innovation. However, the achievement of the new order never happens overnight. In the transition phase, $HTX will inherit certain features and benefits from $HT. As per HTX's official announcement, benefits regarding $HT will be migrated to $HTX on February 2, 2024, at 06:00 (UTC), enabling users' continuous privileges. This includes: 1. Replacing "Reduce spot/futures fees with HT Deduction" with "Reduce spot/futures fees with HTX Deduction" The benefits of offsetting spot and futures trading fees as well as margin loan interest with $HT will be ceased starting on January 22, 2024, at 05:00:00 (UTC). Meanwhile, starting from February 2, 2024, at 06:00:00 (UTC), users holding $HTX will be able to enjoy the following benefits when the fee discount options are chosen in My Fee Rates: a 25% discount on spot trading fees, a 5% discount on futures trading fees, and deduction of margin loan interest with $HTX. 2. Prime membership level boosted by holding $HTX, instead of $HT The Prime membership level-up through holding $HT will be discontinued on January 22, 2024. At the same time, starting from February 3, 2024, at 00:00:00 (UTC), $HTX assets (converted to USDT at the closing price of a day and multiplied by 1.5) will be counted towards users' total assets of the previous day, which facilitates the Prime advancement. 3. Rockets multiplied by $HTX, instead of $HT On January 22, 2024, the $HT multiplier for Rocket calculation will no longer be effective. Instead, Rockets will be boosted by holding $HTX, effective on February 3, 2024 at 00:00:00 (UTC). Users holding $HTX will enjoy the benefit of $HTX asset value multiplied by 3 in USDT towards the calculation of Rockets. 4. Replacing "Convert small balances to HT" with "Convert small balances to HTX" The feature of "Convert small balances to HT" will be discontinued on January 22, 2024, at 05:00:00 (UTC) while the new feature of "Converting small balances to HTX" will be launched on February 2, 2024, at 06:00:00 (UTC). Revolution of the Centralized Exchange The operations of centralized exchanges across the entire cryptocurrency industry remain highly centralized. Platform token holders have no say in governance such as crypto listings. HTX reportedly aims to become the first decentralized exchange and the first democratically autonomous exchange, and all of this will be realized through HTX DAO. In the future, as a governance token, $HTX will explore more features and application scenarios, assisting HTX DAO in enhancing the transparency and efficiency of HTX for blockchain governance. It will help establish a more open, diverse, free, and innovative cryptocurrency ecosystem, differentiating HTX DAO from traditional cryptocurrency projects and exchanges. As Justin Sun stated, "HTX DAO will give a second life to HTX, and the belief of 'the People's Exchange' will grow as the core spirit of HTX. It is destined to be a revolution for the centralized exchange." About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

January 24, 2024 02:23 PM Eastern Standard Time

Article thumbnail News Release

I-ON Digital Corp. Announces Intent To Make Public Offering Of Gold Reserve-Backed Digital Tokens

I-ON Digital Corp.

I-ON Digital Corp. ("I-ON" or the "Company"; OTC: IONI), a leading innovator in the digitization of in situ gold reserves, today announced that it intends to launch a Digital Banker-in-a-Box platform-as-a-service (PaaS) designed to help Regional and Community Banks bridge the gap between legacy technology platforms and the secure, compliant management of tokenized real-world assets (RWAs). Leveraging their expertise in RWA tokenization, including their flagship gold-backed digital asset, ION.au, the company aims to serve as an unparalleled industry resource for banks looking to navigate the acceptance, onboarding, compliance, and financial accounting challenges associated with an ever-increasing range of tokenized assets. I-ON's closely held portfolio of gold-backed digital assets, supported by independent proof-of-reserves (POF) technology on the company's proprietary Hybrid Blockchain platform, positions I-ON as a market leader in RWA tokenization. With a track record of innovation and digital asset product development strategies, the company believes it can empower financial institutions, from a technology standpoint, to securely engage in buying, selling, trading, transferring, settling, and providing custodial services for tokenized assets. In support of the strategic initiative, I-ON has started recruiting a proven and skilled team of banking professionals to spearhead the program with a focus on serving Regional and Community Banks. According to I-ON CEO Carlos Montoya, "The primary goal of this enterprise initiative is to position I-ON's core-technology platform as a provider of the 'essential railway' and point of entry for tokenized asset recognition, acceptance, and seamless functionality. Our client institutions will be able to leverage I-ON's unique, IP-based digitization architecture to bridge legacy banking and tokenized asset ecosystems." Montoya added, "At its core level, our goal is to introduce, facilitate, and execute the industry-wide potential of enterprise-level digital asset acceptance, accountability, custody, and reporting, all within an institutional-level compliance framework." The company plans to issue licensing agreements, provide conversion and installation support, and further provide for collateral, hypothecation, custodial services, and credit syndication modules. Other features will include customized report-writing services for bank clientele, investors, management, and regulatory agencies. Building on its successful track record, today, the company also announced its intention to conduct a public offering of digital tokens representing an interest in unmined, in situ proven gold reserves, with a target amount of up to $100 million. The offering is set to begin in the second quarter of 2024. This Notice does not constitute an offer to sell the digital tokens or any securities. Such offer will be made only by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. About I-ON Digital Corp. (OTC: IONI) I-ON Digital Corp is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes. I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity. By offering services associated with asset digitization and securitization, and by licensing the Company's expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/. Forward-Looking Statements This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words "may," "would," "could," "will," "intend," "look to," plan," "anticipate," "believe," "estimate," "expect," "seek," "potential," "outlook," and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON's current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof or the occurrence of another wave of cases and the impact it may have on the Company's operations, the demand for the Company's products, global supply chains, and economic activity in general. These and other risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law. Contact Details Ken Park +1 866-440-2278 IR@iondigitalcorp.com Company Website https://iondigitalcorp.com

January 24, 2024 08:00 AM Eastern Standard Time

Article thumbnail News Release

Core Research Introduces Core AI Trader: AI-Powered Trading Solution

Rev Up Marketers

Core Research, a leading force in navigating financial markets, introduces its latest offering, Core AI Trader, a cutting-edge AI-powered trading solution. The company's decade-long journey began with a group of passionate traders who envisioned leveraging advanced AI technology to transform the landscape of financial market trading. Developed over years of dedication, education, and refinement, Core AI Trader signifies a fundamental shift in how trading is approached. This innovative technology seamlessly integrates technical analysis, real-time news indicators, and sophisticated algorithms to execute sequential trades across a carefully curated list of monitored asset classes. The result is a high level of AI-powered precision, effectively minimizing risks and enhancing profitability. The platform employs machine learning to analyze extensive datasets, predicting price movements across various financial markets, including stocks, bonds, indices, commodities, cryptocurrencies, and forex. This approach ensures an effortless user experience with an unparalleled success rate in trades. Cooper Anderson, VP of Business Development at Core Research, emphasizes, "Our state-of-the-art AI-based trading solution is taking the next steps in the evolution of machine learning within the financial industry, continuously improving its ability to generate profits. We're providing professional-grade trading capacity to regular individuals." Utilizing deep neural networks, Core AI Trader processes economy-wide macro news, along with micro news specific to companies, currencies, and commodities. Accessing global information from both traditional and alternative data sources enables the platform to make progressively accurate trading calls, learning from each new dataset and trade execution to better predict market activity. Early adopters who gained access to the platform prior to its official launch have provided exceptionally positive reviews for coreresearch.ai. Core Research, with an EU-issued license for providing financial services, integrates advanced risk management tools, investment caps per trade, diversified trading across multiple markets, and provides partial compensation for unsuccessful trades. "Core Research is transforming trading by making it hands-off and user-friendly, presenting a game-changing investment experience that is both profitable and secure for everyone," added Anderson. About Coreresearch.ai: Core Research's Core AI Trader, a pioneering AI-based trading solution, combines proprietary algorithms and natural language processing models to analyze massive datasets and accurately predict price trajectories across multiple market sectors simultaneously. The platform's machine-learning capabilities empower users to invest effortlessly at a professional standard. support@coreresearch.ai www.coreresearch.ai Contact Details Coreresearch.ai Nathalie Loyer support@coreresearch.ai Company Website https://www.coreresearch.ai/

January 23, 2024 06:30 PM Eastern Standard Time

Image
Article thumbnail News Release

Clickbuy Unveils Cutting-edge Tech Hub in Vietnam, Elevating Lifestyle with High-technology Products.

Rev Up Marketers

Clickbuy.com is a leading company in distributing high-quality technology products. With a commitment to consistently providing genuine products, Clickbuy is a trusted retailer for consumers who want to own smartphones. Clickbuy has established itself as a leading authorized retailer of top technology brands in Vietnam. The company solidifies its commitment to delivering genuine products and exceptional customer services. Clickbuy offers a wide range of the latest consumer electronics and tech accessories from major manufacturers. No matter the brand or product category, the company is dedicated to delivering authenticity and an exceptional shopping experience. Clickbuy is a leading electronics retailer that only sells 100% genuine products from leading manufacturers. Smartphone products from Apple always receive support from Clickbuy customers. As an official authorized dealer of Apple, reputation, and quality have helped Clickbuy to be supported by many customers, delivering thousands of technology products to customers. Typically, the blockbuster iPhone 14 Pro Max - is the most outstanding product of 2023. Benefits of buying products at Clickbuy Authorized Retailer of Leading Brands: Latest Technology Trends at Your Fingertips: Return policy: Product price: Enthusiastic consulting team: Clickbuy's CEO said: “We are excited to help customers easily access the blockbuster high-quality technology products. We at Clickbuy always strive to bring competitive prices, warranty, and best promotions to customers." Clickbuy also allows customers to trade in old devices to save additional costs when buying products. Customers can trade in eligible devices in any condition. When purchasing at Clickbuy, customers will enjoy great incentives and promotions. About Clickbuy: Clickbuy: Authorized Apple reseller with a wide selection of products and services As one of the officially authorized retailers of many of the world's leading technology brands, such as Apple, Clickbuy is committed to providing genuine products. With various electronic product lines, Clickbuy is an electronic "supermarket" that meets all technology needs. More specifically, Clickbuy always strives to bring the latest technology products to the market, helping consumers access new trends immediately. Fanpage: https://www.facebook.com/clickbuychonlamua Contact Details Clickbuy - Clickbuy.com.vn Tran Manh Tuan clickbuy.hn@gmail.com Company Website https://clickbuy.com.vn/

January 23, 2024 03:33 PM Eastern Standard Time

Image
Article thumbnail News Release

Start the Year Investing in Yourself

YourUpdateTV

Following a busy holiday season, now could be the time to shift from shopping and gift giving to setting the stage for a financially rewarding future. In the new year, you can reflect on how you have been managing your finances, set a strong tone for the year ahead, and even start investing as a first step towards your future goals. The team behind Plynk, an app designed to help people manage and grow their money through investing, spoke with customers about how to begin investing at their recent “Investing Dollar Store events in Austin and New Orleans. Maya Sudhakaran, Plynk’s Head of Growth and Acquisition, and the rest of the Plynk team were able to connect with customers on important strategies to manage financial stress from the start of the holidays through the new year– and highlight the tools that can help. An example of one of these tools is Plynk, which can help you kick off investing with just $1, and has tools like automatic contributions, a sign-up bonus*, and expert ratings to support your investing journey. Maya Sudhakaran conducted a media tour discussing why the new year could be a great time to start investing. She emphasized how a small investment (even a single dollar) can help prepare for a brighter financial future. Topics that Maya discussed during her media tour included: How you can start investing with as little as $1. First steps that someone could take if they are thinking about investing. How the Plynk app works. Ways that even small investments can help set you up for a successful financial future. For more information, visit plynkinvest.com Keep in mind that investing involves risk, including the risk of loss. The value of your investment will fluctuate over time, and you may gain or lose money. *Limited time offer. Terms and conditions apply. The Plynk® app provides access to two different types of accounts, brokerage and crypto. Brokerage accounts and related information and services are provided by Digital Brokerage Services LLC (DBS), member of FINRA, opens in new window and SIPC, opens in new window. 499 Washington Boulevard, Fidelity Internal Information Jersey City, NJ 07310. Crypto accounts and related information and services are provided by Paxos Trust Company (Paxos), a New York State-Chartered limited liability trust company (NMLS #1766787). The information herein is not intended to serve as a basis for any investment decision or recommendation. Digital Brokerage Services LLC does not provide financial or investment advice, and you should conduct your own due diligence and alaysis based on your specific needs. © 2024 FMR LLC. All rights reserved. #1128006.1.0 Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

January 23, 2024 02:30 PM Eastern Standard Time

Article thumbnail News Release

Research Collaboration Validates MyAnIML’s AI-Powered, Facial Recognition Cattle Predictive Health Platform

MyAnIML

A collaborative study between animal agtech startup MyAnIML and the United States Department of Agriculture (USDA) successfully corroborated the technology's predictive ability to proactively manage devastating disease outbreaks in cattle production. MyAnIML used proprietary facial recognition and deep learning technology to accurately predict Infectious Bovine Keratoconjunctivitis (IBK), or bovine pinkeye, 99.4% of the time and several days before veterinarians were able to detect symptoms, according to published study results. USDA Agricultural Research Service scientists Mike Clawson and Larry Kuehn, who have researched IBK for years at the U.S. Meat Animal Research Center, shared their expertise on the project. “Early detection of disease is critical to healthy herd management – giving producers the chance to separate sick animals, control spread and judiciously use antibiotics before a large outbreak occurs,” said Mike Clawson, an USDA Agricultural Research Service molecular biologist and project researcher. “The results of the MyAnIML study demonstrate how far and how impactful AI-powered technology can be toward ensuring a safe, resilient and sustainable U.S. food supply chain.” The MyAnIML and USDA study included 870 beef cattle located on three different Kansas ranches during the summers of 2021 and 2022. Bovine pinkeye is highly contagious and the most common ocular disease of cattle globally, costing U.S. producers alone an estimated $150 million annually in lost performance and treatment costs. There are no effective vaccines for IBK, forcing producers to treat infected animals with antibiotics, thereby elevating the risk of developing antibiotic-resistance bacteria strains that threaten human health. Building off this collaboration, MyAnIML and USDA are applying the technology next to predict Bovine Respiratory Disease (BRD). As the single most economically impactful cattle disease, BRD costs the U.S. feedlot industry potentially more than $900 million annually, according to the American Society of Animal Science. “Building off our AI platform’s ability to distinguish between ‘healthy’ and ‘sick’ cattle two to three days before symptoms were diagnosed, the next step is expanding MyAnIML’s repertoire of diseases and health events to offer producers new tools to ensure a safe food supply,” said Shekhar Gupta, MyAnIML CEO and founder. MyAnIML’s patent-pending technology platform uses AI, facial recognition and inexpensive GoPro cameras to automatically capture and analyze subtle changes in a cow’s muzzle. Like a human fingerprint, each cattle muzzle is unique, and can be used to track specific cows. However, MyAnIML, is the first to use muzzle dermatoglyphics to not only identify cows, but as a health predictor of diseases such as BRD, IBK, foot root and uterine infections, proving that subtle changes in the bumps and ridges on a cow muzzle are a precursor of a health event. MyAnIML’s trial partners have also successfully used the technology to monitor the health status of cows going into estrus, early stages of labor and even subtle health stressors, like the need for more nutrition while nursing calves. "The muzzle is an incredible mirror into cattle health and well-being. Humans just didn’t have the ability to ‘see’ what the muzzle was telling us without the help of MyAnIML’s advanced AI and facial recognition technology,” Gupta said. Since its founding in 2021, MyAniML has: Developed a proprietary dataset of 3000 muzzle images of beef cattle, the first cattle facial and muzzle image library for health management. Partnered in trial projects with multiple Midwest cattle production facilities. Released an inexpensive Bluetooth-enabled “smart” ear tag and app that helps large-scale commercial feedlots and stockyards quickly locate potentially sick animals identified by the MyAnIML predictive platform. Signed a partnership agreement with DairyFi an India-based startup, in January. With 308 million cows, India has the largest cattle herd in the world, but suffers from lack of adequate cattle health services, greatly reducing the economic and productivity potential of India’s cattle industry. With positive results from the collaboration, large-scale trials, veterinarian feedback and ongoing product development, MyAnIML is getting ready for broad-scale commercialization. The company received angel investment funding in 2021 and is currently in the process of a seed funding investment round to expand its technology in cattle, as well as to include other livestock and companion animals. About MyAnIML MyAnIML invented and is commercializing the first-of-its-kind platform for early disease prediction in cattle using facial recognition technology focused on a cow’s muzzle. The initial discovery is the product of intense curiosity and a sense of purpose by the founder, a leading expert in generative AI and emerging uses of web-based blockchain technology. MyAnIML’s mission is to help ensure the health and well-being of cattle while ensuring an affordable and safe food supply. For more information www.myaniml.com. Contact Details AgTech PR Georgie Smith +1 360-929-0244 georgie@agtechpr.com Company Website https://www.myaniml.com

January 23, 2024 08:00 AM Central Standard Time

Image
Article thumbnail News Release

Ex-Nvidia exec launches RagaAI with $4.7m funding to automatically test and fix AI

RagaAI

RagaAI, a pioneering AI-focused startup, has successfully closed a $4.7m seed funding round. The round was led by pi Ventures with participation from global investors including Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures, and Exfinity Venture Partners. The sprawl of large language models (LLMs), computer vision and natural language processing (NLP) have created a new generation of applications that are reshaping industries and transforming how we engage with the world today. Ensuring the performance, safety and reliability of AI has become a key focus. Helping companies stay on top of this, RagaAI has launched from stealth with an automated and comprehensive AI testing platform. RagaAI is establishing a robust framework for safe and reliable AI. RagaAI’s breakthrough Foundation Models called RagaAI DNA for testing uses automation to detect AI issues, diagnose and fix them instantly. The platform already offers over 300 different tests to help users triage the issue down to its root cause. It is able to identify issues as varied as data drift, edge case detection, poor data labelling quality, bias in the data, lack of model robustness or adversarial attacks. RagaAI is a true multimodal platform which supports LLMs, images/videos, 3D, audio, NLP and structured data and reduces 90% of the risks while accelerating AI development by more than 3x. RagaAI is working with a range of AI-first companies and identified two common challenges they faced which RagaAI is addressing Firstly, they face a skill set constraint owing to the sparse availability of specialized AI engineers. As such AI Testing automation becomes a necessity to optimize the AI development process. Secondly, safety and security concerns loom large. AI testing will mitigate vulnerabilities and ensure the reliability and trustworthiness of AI systems. RagaAI was founded in January 2022 by tech veteran Gaurav Agarwal who spent the early part of his career at Texas Instruments before moving to mobility business Ola and computing giant NVIDIA. He and the founding team have over 50 years of collective AI expertise who want to unlock the potential of AI by bridging the gap between technological capabilities and business outcomes through AI testing. RagaAI advisors include AI leads at Amazon, Google, Meta, Microsoft and NVIDIA. Gaurav Agarwal, CEO and founder of RagaAI commented: “At Ola & NVIDIA, I saw the significant consequences of AI failures due to lack of comprehensive testing. Our Foundation Models “RagaAI DNA” is already solving this problem across large fortune 500 companies. RagaAI is designed to detect AI issues, diagnose them and fix them seamlessly. Our vision is to liberate AI from the constraints of human interventions, and foster continuous improvement. In the era where AI dominates, our mission at RagaAI is to tackle the paramount challenge of ensuring the quality and consistency of AI applications. Focused on providing innovative testing solutions, we aim to unlock the full potential of the AI revolution, paving the way for a future where AI thrives with trust, reliability and excellence. Guided by our core values, we are committed to pushing the boundaries of automated AI issue detection, automated root cause analysis and fixing the issues, staying at the forefront of cutting-edge methods.” The platform has already added value to various sectors with multiple use cases. An ecommerce client implementing a chatbot fine-tuned an open-source language model on their product catalog for customer support. RagaAI was instrumental in identifying and rectifying hallucinations, reducing errors in responses. Meanwhile, for an Automotive customer facing challenges in detecting vehicles in low-light scenarios, RagaAI leveraged generative AI to simulate diverse lighting conditions, significantly enhancing model accuracy and potentially preventing accidents. Research indicates that AI is poised to be a $2 trillion market by 2030. RagaAI believes that 25% of this spend will be targeted towards ensuring AI is safe and reliable and its proposition is well placed to service the demand in the time to come. RagaAI's funding round will primarily be used to advance research and development, with a focus on improving AI testing tools. Additionally, the company plans to expand its team and raise awareness in the AI community while forming strategic partnerships. This investment positions RagaAI for significant growth in AI innovation. Manish Singhal, Founding Partner, pi Ventures, commented: “"In the rapidly expanding AI landscape, the importance of reliable and unbiased systems is crucial, with AI testing emerging as the linchpin for ensuring the safety, reliability, and ethicality of complex models. Driven by their patent pending Drift detection technology, RagaAI, an AI testing platform, is well-suited to solve these massive problems for the AI deployments globally. At pi Ventures, we believe in backing founders who can create disruptive solutions for global impact. In our view, Gaurav and his stellar team at Raga are fulfilling that goal in a big way. We are pleased to be associated with them. " RagaAI has a key focus on Enterprise and data privacy is at its core. It is the only AI & MLOPS product to have all of the SOC2 Type2, ISO 27001, HIPAA, GDPR & CCPA certifications. Additionally, RagaAI technology is deployed on customer private clouds or their on-prem infra. Designed for data scientists and ML engineers, RagaAI is offered through a fully featured UI and an easy to use python interface. About RagaAI As AI eats the world, the biggest problem facing the AI revolution is ensuring quality and consistency of AI applications. Raga AI is taking on this problem and solving it with its testing platform which promises to realize the full potential of the AI revolution. For more information please visit: https://www.raga.ai/ About pi Ventures pi Ventures is an early-stage venture capital fund pioneering AI and deep tech investments. The fund backs disruptive tech ventures solving global problems thus creating 10x differentiated businesses. The VC fund portfolio includes world leading technology companies like Wysa, Pixis, Locus, Agnikul and Niramai among others. Contact Details RagaAI Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://raga.ai/

January 23, 2024 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Logitix Launches Ticketing Integration with Tessitura – Confirms Partnerships with Tessitura Organizations Across Multiple Arts Sectors

Logitix

Logitix, the leader in expanding new marketplaces for arts, sports, and entertainment venues to sell more tickets, today announced that the integration with their partner, Tessitura Network, is complete. Since initiating their partnership in January 2023, Logitix has facilitated hundreds of thousands of dollars of sales for Tessitura-powered performing arts centers, symphony orchestras, theaters, and dance companies. The innovative partnership between Tessitura and Logitix has transformed how performing arts organizations handle ticket sales. This integration equips them with advanced tools for optimizing ticket distribution, maximizing revenue, and reducing speculators. Ticket sales via the Logitix-enabled marketplaces have led to new audiences for the arts organizations. Through Logitix’s Open Distribution integration, Tessitura venues can now effortlessly distribute their tickets electronically across multiple marketplaces without compromising the availability of tickets on their primary sales platform. This seamless integration, accessible directly from their main user interface, empowers venues to tap into broader markets and distribution networks, ultimately boosting ticket sales. This system enables venues to gather valuable data on ticket buyers and pricing while the marketplaces conveniently handle ticket fulfillment. “When I joined Logitix as an advisor, this is exactly the type of partnership I envisioned to help performing arts organizations improve their ticketing strategies,” said Jack Rubin, Co-Founder and 20-year CEO of Tessitura, who joined Logitix as Strategic Advisor in 2022. “This is just the beginning. Tessitura has an impressive network of performing arts organizations that will benefit from Logitix technology. Rubin added, “Strategies like dynamic pricing don’t always mean higher ticket prices for the consumer. Logitix will help match supply and demand, and sell at the optimum date-driven price, whether lower or higher. Or, the client can specify a price or price range. Consumers benefit, and the organizations seamlessly sell tickets in more places. With the challenges that arts organizations face, this is a no-risk approach to drive more sales.” Registrants to the INTIX ticketing conference in Las Vegas on January 29 - February 1, 2024, can attend a Logitix-moderated session on New Distribution, New Revenue, New Audiences, and New Tools. Lisa Middleton, VP of Marketing and Communications for the Segerstrom Center for the Arts, is one of the presenters, along with leaders from Opry Entertainment Group and LA Galaxy. Segerstrom Center is a longstanding member of the Tessitura community and a partner of Logitix. Logitix is a leader in multichannel ticket distribution, data, and pricing. The company’s proprietary software, distribution tools, and analytics open new sales channels for theaters, performing arts centers, and other users of Tessitura’s unified CRM and transaction system. Channels include well-known ticket exchanges that attract millions of customers each year. Additionally, real-time data insights automate dynamic pricing decisions to address changing ticket demand and meet customers where they are. Tessitura community members interested in exploring Logitix’s solutions can email info@logitix.com. About Tessitura Tessitura is a nonprofit technology company dedicated to helping arts and culture organizations thrive. CRM lies at the heart of our mission and our technology platform so organizations can take a holistic approach to building customer engagement. Ticketing works hand-in-hand with fundraising, membership, marketing, education and front of house. Intuitive tools turn data into action. And features like fully integrated payment processing, contactless scanning and seamless digital solutions mean our community is poised to rebuild a successful, sustainable future. We work with over 750 organizations in 10 countries. For more information, visit www.tessituranetwork.com. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

January 23, 2024 08:42 AM Eastern Standard Time

Article thumbnail News Release

AIChief Celebrating Triumph as AIChief Ascends to the Zenith of Artificial Intelligence Advancements

Rev Up Marketers

In a groundbreaking revelation, AIChief has unveiled a new era in artificial intelligence enlightenment, solidifying its position as the go-to destination for AI tools, reviews, and the latest industry trends. The platform offers an extensive range of blogs, providing a glimpse into the latest advancements in the artificial intelligence industry. AIChief, not merely a conventional website but a revelation in itself, paves the way for individuals and businesses to stay ahead in their fields through editorials and various written resources. With a combination of innovation and user-friendliness, AIChief has become a pioneering resource for AI tools guides, unbiased reviews, and the latest AI trends. The AIChief website, launched with a remarkable vision, navigates the complex world of artificial intelligence effortlessly with its simple and intuitive approach. From comprehensive reviews of a diverse range of AI tools to the latest AI trends and news shaping the future, AIChief empowers users to discover and understand the complexities of artificial intelligence. Practical guides about advanced AI tools, unbiased reviews, and the latest news and trends are reshaping businesses and other sectors, helping them transform their conventional ways of performing tasks. AIChief's newsletter, an integral part of its latest news and trends, ensures accessibility for everyone at any time, facilitating businesses in implementing artificial intelligence to skyrocket productivity and creativity. AIChief provides an extensive range of simple and comprehensive blogs, making it a one-stop website for those seeking the best resource for AI tools, insightful reviews, and AI trends. The platform's dedication to simplifying complex concepts of generative AI and others has made it an unmatched resource in the industry. AIChief's editorial staff, composed of young and passionate team members with a granular level of information about the artificial intelligence industry, crafts in-depth and detail-oriented blogs and review guides. The social community trusts their opinions, establishing a benchmark of superiority in the AI information industry. The CEO of AIChief expressed, "The journey with AIChief has been nothing short of extraordinary. AIChief has gained immense popularity among AI enthusiasts and industry-leading professionals, a testament to its authenticity and credibility. The editorial team has made it easier to understand complex concepts through vibrant and intuitive guides, honest reviews, and the latest AI trends and news." About AIChief AIChief stands as the unrivaled source for groundbreaking developments in artificial intelligence, offering in-depth and unbiased reviews to guide users in choosing the best options. The platform invites individuals and businesses to be part of the AIChief community, where understanding AI tools, reviews, and trends becomes an immersive and empowering experience. Contact Details AICHIEF LLC Oliver Isaac +1 888-512-4244 hello@aichief.com Company Website https://aichief.com

January 23, 2024 03:00 AM Eastern Standard Time

1 ... 120121122123124 ... 646