Technology

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

Zingly launches a bold AI-driven future of customer experience for a world beyond 1-800 calls and chatbots

Zingly

Ex-Avaya, Five9, Glia, and Talkdesk industry leaders join forces to revolutionize customer experience (CX) with the launch of Zingly, a Collaborative Customer Experience (CCX) Platform. The patented customer-facing technology combines GenAI, digital interactions, and telephony, providing infinite scale to enterprises, and hyper personalization to consumers, resulting in revenue acceleration and lasting customer relationships. With this launch, Zingly is today announcing it has raised a $10m seed funding round from Dell Technologies Capital, WestWave Capital, Scribble Ventures, Formus Capital, Geekdom Fund, Array Ventures, Firebolt Ventures, Burst Capital, and from leaders in the CX industry. Today, customers are still primarily required to call 800 numbers and punch numbers into an interactive voice response (IVR) whenever they need to communicate with businesses. For customers, phone calls are an outdated and frustrating experience, and for businesses, they’re an expensive and unscalable method of communication. Meanwhile, businesses are seeing 10x traffic on their website and apps while experiencing declining call center traffic. Technology advancements in CX have typically focused on operational savings driven by cloud migration and agent support tools, but have often neglected the end customer. Zingly rectifies this imbalance by providing customers with Zingly-Rooms™ —a patented, always-on space where customers can instantly connect and collaborate with businesses, eliminating the need for calls. This is driven by the company’s Generative AI product technologies, including Relationship-AI™ and Zingly-Buddy™. Zingly focuses on eliminating friction and accelerating engagement use cases like customer acquisition, onboarding, customer service and success, and many more. This is done through a modern no-code-low-code platform that integrates into any tech stack (CRM, existing contact center technologies, customer support systems, and core operations) and intelligently combines cutting-edge Generative AI, humans, and data. The end result is an innovative collaborative space that can scale to support service and sales operations for businesses of all sizes, while providing hyper-personalization for customers. Founded in 2021 by Gaurav Passi, a former executive at Avaya and Five9, Zingly was born out of a recognition that traditional contact center solutions were becoming obsolete. With global inflationary pressures driving up the cost per call and limiting scalability due to the finite number of agents, the need for industry disruption was clear. Passi teamed up with seasoned CX, CRM, and CCaaS leaders from Five9, Talkdesk, and Glia to launch Zingly. “Traditional contact center solutions are out of date and simply not personable for customers, or scalable for businesses. The math is clear, there are approximately 16.5 million call center agents globally handling potentially billions of customers. More importantly, the frustration and long wait times associated with traditional calling and rigid workflow-driven chatbots have created what we call a fear of reaching out (FORO) among customers. Our vision with Zingly is to destroy FORO and make it collaborative for customers and businesses to come together,” said Gaurav Passi, CEO and founder of Zingly. “Zingly represents a significant leap forward from the traditional trade-off between personalization and scalability in CX. While traditional calls are unscalable and conversational chatbots can feel too robotic, Zingly offers a new CX paradigm that is faster, cheaper, and more secure than both 1-800 numbers and conversational AI chatbots” added Gaurav Passi. Currently focusing on high-value industries such as financial services, healthcare, and product companies, Zingly is able to help organizations modernize their customer experience seamlessly by integrating with their existing technology stacks. As an example, Zingly is working with a Fortune 500 provider to engage with 5x more customers than traditional 1:1 phone conversations, while also reducing typical conversion time from 60 to 18 days, resulting in tens of millions of dollars of revenue uplift. Most importantly, it allowed them to innovate on top of their core infrastructure like Salesforce and Avaya without any disruption. “To truly revolutionize CX, it needed top industry leaders like those from Zingly to step back and fundamentally reimagine a new approach. Incremental improvements to CX were not enough. A deep technology solution intelligently combining data, GenAI, and humans, as well as a dedicated team of CX experts together with forward looking Fortune 500 design partners was required for such a revolution,” said Zeus Kerravala, Principal Analyst, ZK Research. “The vision presented by Zingly happens once in a decade. We are excited to partner with the team right from its inception”, said Gaurav Manglik of WestWave Capital. While Gokul Rajaram, Board Member at Coinbase and Pinterest, and former executive at DoorDash and Square added: “What I respect about Gaurav Passi as a leader and Zingly as a company is that they have had the same mission from day 1. They work closely with large complex enterprises to solve deep challenges, and as a result, have built the best platform to disrupt the much needed CX industry with clear ROI. This clarity of mission and singular focus has been a big reason for their continued success.” Looking ahead, Zingly is rapidly expanding its teams in data science and engineering, sales, and marketing with plans to double its headcount by the end of next year. On track to be driving millions of quality customer interactions this year, Zingly is accelerating its mission to help companies collaborate with their customers and build relationships bigger than business. About Zingly Zingly.ai is the new way for businesses to meet, onboard and build lasting relationships with customers. Built by industry insiders in collaboration with Fortune 500 service providers, Zingly is a faster, cheaper, more secure, and better-organized solution than today's chatbots and 1-800 calling, eliminating friction and accelerating use cases like customer acquisition, onboarding, and support. Zingly makes online customer experiences delightful and personal by intelligently combining GenAI + Humans + Data to provide infinite scale for businesses and hyper personalization for customers to drive revenue acceleration and create exceptional customer experiences. Zingly serves businesses across multiple industries including Banking and Financial Services, Insurance, Education, and Healthcare. Visit https://www.zingly.ai/ to learn more. About WestWave Capital Deep-Tech takes deep partnerships. Founded by former entrepreneurs, WestWave knows that founders need more than just capital. WestWave Capital invests in market defining pre-seed, seed and series A enterprise start ups. About Dell Technologies Capital DTC invests in determined early-stage founders who push the envelope on technology innovation for the enterprise, connecting them to the capital, expertise, and customers they need to take a company from start to scale. Since its inception in 2012, DTC has backed more than 150 startups, a list that notably includes Arista Networks, Cylance, DocuSign, Exotec, JFrog, MongoDB, Nasuni, Netskope, Nutanix, Nuvia, Redis, Xometry, and Zscaler. DTC has offices in Palo Alto (HQ), Boston, and Tel Aviv. About Scribble Ventures Scribble Ventures is an early-stage venture firm started by operators and investors from Instagram, Twitter, & A16z. We invest in Pre-Seed and Seed, and write initial checks of up to $1.5M. This allows Scribble to collaborate and co-invest with other angel investors and early-stage funds, so founders can bring the best partners into their round. We work closely with our founders alongside The Scribble Network - a curation of world-class operators across sectors and stages - for guidance on product, growth, hiring, fundraising, and more. We aren’t just investors to our founders - we are teammates. More info: scribble.vc About Formus Capital Formus Capital is a global technology investment firm backed by a network of family offices across various sectors & geographies. Our mission is to partner with exceptional, mission driven teams transforming industries and building world-impacting companies. About Geekdom Fund Geekdom Fund is a venture capital fund that invests in early stage tech startups led by the strongest founders. Our partners are in the trenches with our companies. Whether it be hiring, channel development, fundraising, executive coaching, or brainstorming sessions with your team, our goal is to help founders avoid costly mistakes and make high impact decisions. Array Ventures Array Ventures invests in founders passionate about solving problems for businesses. We partner from first round of your journey and help companies hone their go-to-market /10x growth journey. About Firebolt Ventures Firebolt Ventures is a venture capital firm focused on all things software (enterprise b2b application/infrastructure layers, fintech, consumer) to help extraordinary founders build enduring companies. We partner with founders early, invest throughout the lifecycle of the company and aim to be your most impactful investor. About Burst Capital Burst Capital invests in early-stage software and service companies, primarily those with marketplace and SaaS business models. As operators turned investors, we provide our portfolio company founders with on-call operating advice as we support their rapidly scaling businesses. Contact Details Zingly Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.zingly.ai/

June 05, 2024 10:00 AM Eastern Daylight Time

Image

Clarified Precision Medicine and xCures Form Strategic Partnership to Transform Patient Outcomes Through Precision Oncology

Clarified Precision Medicine

Clarified Precision Medicine, the only company that provides oncologists with prioritized therapy options via a combination of expert medical provider review and underlying artificial intelligence (AI) computational algorithms, and xCures, a healthcare technology company that delivers real-time clinical data to power precision medicine support, today announced a strategic partnership to dramatically advance the field of precision oncology. The two companies will come together to enhance cancer-care delivery and personalized patient treatment recommendations through precision medicine and data-driven analysis. The goal of the alliance is to better identify and understand current gaps in providing precision medicine and ultimately improve patient outcomes. Oncology faces an immediate need to improve access to precision medicine. In the United States, there are 18 million patients with a history of cancer and 1.9 million new cancer diagnoses each year. Patients who receive precision therapies have survival rates that are three times greater than those who do not. However, 75 percent of doctors say they need help interpreting the genomic tests that make precision medicine possible — which, in turn, leads to more effective utilization of these powerful 21st-century tools. To that end, Clarified and xCures will collaborate on patient-level data analytics and work together to improve provider support, education, and communication. The two organizations will develop learning systems focused on innovative solutions in precision oncology, such as predictive analytics and treatment optimization. Clarified will contribute its specialized treatment recommendation system, which combines insights from experienced medical professionals with support from its AI-driven treatment algorithm. The company’s team of expert medical reviewers will provide clinical oversight. xCures will provide its AI-driven technology platform, which excels at extracting the critical information needed for care among the complex cancer patient data and enhancing access to medical records. “This partnership unites two of the most innovative leaders in the field of precision oncology,” said Clarified Precision Medicine CEO Rajni Natesan, MD, MBA. “Clarified is the leading expert in closing gaps at the last mile of precision oncology, with an AI platform and the greatest understanding of physician needs and individual patient outcomes. xCures is a leader in data and technology that transforms clinical efficiency and patient care. This powerful alliance enables us to overcome obstacles in cancer care that can only be addressed by an advanced, data-driven understanding of oncology at the patient level.” "We are excited to partner with Clarified Precision Medicine to harness the power of real-time clinical data and advanced analytics,” said xCures CEO Mika Newton. “This collaboration will enable us to deliver highly personalized and effective treatment recommendations, ultimately improving patient outcomes in precision oncology. By combining our strengths, we can address the critical need for better access to precision medicine and support oncologists in making data-driven decisions that enhance patient care." In addition to improving the utilization of precision medicine, the alliance will have significant capabilities in data collection and analytics to drive precision oncology research. The technology integration between Clarified and xCures will facilitate retrospective and prospective data analysis to improve treatment strategies and patient care outcomes. About Clarified Precision Medicine Clarified Precision Medicine is the first scalable molecular tumor board with a combination of ML-based platform plus medical group, offering expert clinical somatic and pharmacogenomics consultations through its ClarifiedSelect™ and OncoGuardian™ solutions. Clarified accelerates the delivery of guidelines-based genomic insights to patients and providers by bringing together nationally recognized experts in medical oncology, oncology pharmacy, data integration, and molecular pathology who have over 100 years of collective experience in the application of precision oncology. For more information, visit clarifiedprecisionmedicine.com About xCures Inc. Launched in 2018, xCures Inc. operates an AI-assisted platform that automatically retrieves and aggregates medical records from any US care site. Data is extracted and structured within 15 minutes, to offer a sophisticated view of a patient’s fully longitudinal health journey that encompasses everything from genomics to social determinants of health. Through a variety of tools and data products, xCures provides clinically actionable, real-time insights that facilitate clinical research and care for patients, providers, and partners. For more information, contact info@xcures.com, or visit www.xcures.com Contact Details For Clarified Precision Medicine info@clarifiedmedicine.com Company Website https://clarifiedprecisionmedicine.com/

June 04, 2024 03:00 PM Eastern Daylight Time

HTX Issues Security Alert Regarding Exchange Accounts Amid Rising Cyber Treats

HTX

Singapore / June 3, 2024 – In light of the increasing sophistication of recent cyberattacks targeting cryptocurrency exchange accounts, HTX, the crypto exchange giant, reportedly issued an urgent security alert to its worldwide users to enhance their security vigilance for safeguarding assets. Recent Cyberattacks and Analysis Case 1: A user's Chrome browser was infiltrated via the malicious "Aggr" plugin, resulting in the hijacking of browser cookies. Attackers exploited these cookies to access the user's account of a certain exchange without a login password and 2FA code and transfer out $1 million assets by wash trading. Case 2: Another user fell victim to a sophisticated attack where attackers purchased their personal information on Telegram. The attackers manipulated the user's exchange account through email login and the forgot password option. Subsequently, they applied to change account settings, such as phone number, email address, and even Google Authenticator with AI-generated videos. This breach culminated in the theft of over $2 million assets after 24 hours of changing the account password. These cases underscore the evolvement of cyber threats, particularly as AI technology is increasingly leveraged by malicious actors. It would be the best if users adopt robust security measures to protect their personal information and assets. For those holding substantial investments, it is critical to implement measures for stringent privacy and isolation, such as disabling third-party plugins and regularly logging out of accounts. HTX’s Commitment to User Asset Security: Timely Upgrade of Security System As a world-leading cryptocurrency exchange, HTX is unwavering in its priority for user asset security. The exchange's security team continuously enhances its security management including security reserves and real-time security upgrades to counteract emerging threats. HTX advises users to adhere to the following security practices: 1. Phone Security: When accessing HTX on smartphones, ensure your device security by avoiding the installation of untrusted third-party apps. Only download the HTX app from official app stores and authorized channels. 2. PC Security: For login via PC, ensure your device is protected with robust antivirus software. Avoid installing untrusted third-party applications and browser extensions. Moreover, HTX maintains a reserve ratio exceeding 100%, assuring users that their assets are always fully withdrawable. The exchange provides monthly disclosures of reserve ratios and open-source verification tools for Merkle tree data, wallet address ownership, and on-chain assets. Looking ahead, HTX is poised to employ even higher financial standards to ensure the long-term security of user assets. 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 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/

June 04, 2024 02:11 PM Eastern Daylight Time

Avenix Fzco Launches Litepips: AI-Powered Trading Technology for Gold Market on MetaTrader 4 Platform

Rev Up Marketers

Avenix Fzco, a prominent player in algorithmic forex trading, has announced the launch of Litepips, its latest AI-driven trading technology tailored for the XAUUSD (gold) market on the widely-utilized MetaTrader 4 platform. Litepips introduces a novel trading system aimed at providing traders with a sophisticated tool for conducting comprehensive analysis of market impulses and trends. By integrating technical and mathematical evaluations, the platform enables precise trading decisions with the goal of optimizing profits while minimizing risks. Its advanced algorithms dynamically respond to changing market conditions, providing traders with an adaptive advantage. Emphasizing safety and reliability, Litepips eschews high-risk trading strategies like grid or hedge trading. Instead, it incorporates stringent risk management protocols with strategic stop-loss and take-profit settings, ensuring traders can engage with increased confidence and security. A key highlight of Litepips is its economic model, offering accessibility through a one-time purchase. This distinguishes Litepips from subscription-based trading solutions, appealing to traders seeking to minimize ongoing costs and reflecting the company’s commitment to providing value and transparency. The introduction of Litepips is poised to set a new standard in forex trading, making sophisticated trading tools more accessible and economically viable for traders worldwide. About Litepips: Litepips by Avenix Fzco is a forex trading platform leveraging cutting-edge AI and machine learning technologies to optimize trading strategies, with a focus on the gold market. Litepips aims to provide traders with powerful, precise, and accessible trading solutions. About Avenix Fzco: Avenix Fzco is a leading provider of Forex trading solutions, specializing in the development of expert advisors and trading tools designed to empower traders to achieve greater precision and profitability. With a focus on innovation and user-friendly design, Avenix Fzco is dedicated to helping traders succeed in the dynamic world of Forex trading. Contact Details Avenix Fzco Robert Swanton support@litepips.com Company Website https://litepips.com/

June 04, 2024 08:54 AM Eastern Daylight Time

Image

Bitcoin (BTC) Stability Boosted By Massive ETF Inflows, Rebel Satoshi is on a dream presale run

Blockchain Digest

In the constantly changing world of cryptocurrency, periods of stability are really sought after, especially for Bitcoin (BTC). Right now, Bitcoin is seeing a boost in investor trust, thanks to big investments in spot BTC exchange-traded funds (ETFs) and favorable trading situations. At the same time, Rebel Satoshi Arcade (RECQ), a crypto project led by its community, is making great progress in its presale stage, catching the eye of both investors and fans. Massive ETF Inflows Boost Bitcoin Stability Bitcoin's recent stability can be credited to the huge influx of investments into spot BTC ETFs, signaling growing confidence among investors. According to Bitfinex researchers, Bitcoin has found solid support around the $60,000 level, thanks to consistently strong daily closures and significant withdrawals from crypto exchanges. Even with the massive outflows totaling $3.85 billion on May 15, Bitcoin's volatility remained low, and the cryptocurrency held its ground. What's particularly interesting is the spot Bitcoin ETF market in the US, which has seen net inflows for seven days in a row. This trend shows that investors are increasingly interested in BTC-related investment products, highlighting the growing appeal of Bitcoin as an asset class. Rebel Satoshi Arcade (RECQ) – Igniting The Wave Of Decentralization Picture this: in the bustling arena of cryptocurrency, Rebel Satoshi emerges as a beacon of hope, challenging the established presence of Bitcoin. It’s a rebellious project with the focus to transform the gaming and financial systems with complete decentralization. Do not think of Rebel Satoshi as another meme maniac, but a community-wide movement against the elites. With a unique dual-token system, featuring the Rebel Token (RBLZ) and the Requis Token (RECQ), it offers more than financial stakes – it stands for belonging and governance. If you hold this token, you are literally a decision maker in this project, while the other token serves a transactional purpose. The current presale has exceeded everyone's expectations with its remarkable success. Rebel Satoshi's innovative strategies and commitment to its community have generated immense interest and excitement. With ambitious goals outlined in its roadmap, such as reaching a $100 million market cap, Rebel Satoshi is poised for something substantial. And it's not mere speculation – comprehensive audits demonstrate the project's dedication to security and transparency, instilling confidence in potential investors. Rebel Satoshi isn't just about snagging investors; it's about making moves. Like, as this presale ramps up, it's drawing in investors who want to be a part of a bigger picture—a movement all about decentralization and making money stuff more fair for everyone. And, with each step it takes, Rebel Satoshi is cementing its spot as a big deal in the crypto scene. It's not just about throwing cash in; It's about having a shot at shaping a world where everybody gets a fair shake. Conclusion The combination of Bitcoin staying solid and all the hype around Rebel Satoshi’s presale is truly getting people excited about crypto. In this ever-changing world, projects like Rebel Satoshi offer a golden chance to be part of a community-driven push for a more inclusive financial future. Whether you’re a pro investor or just dipping your toes into crypto, now's the perfect time to check out Rebel Satoshi Arcade (RECQ) and dive into the vibe of innovation and empowerment. For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram. Contact Details Rebel Satoshi marketing@rebelsatoshi.com

June 04, 2024 08:30 AM Eastern Daylight Time

Image

BNB Loses Market Interest, Solana and 100x Altcoin Raboo Steal the Spotlight

Total Media

The cryptocurrency market has experienced a series of bullish and bearish trends from a couple of major coins. With Solana demonstrating a massive recovery trajectory and BNB price moving sluggish, investors seem to be losing interest in BNB and pivoting to the newly created socialFi meme coin. Raboo is a brand-new SocialFi coin created with a combination of top-notch technology and a splash of amazing meme-hunting skills. This coin has stolen the spotlight as it is predicted to surge up to 233% in 2024. Raboo, currently in Stage 4 of its presale phase, and raking in over $1.6million so far, it’s projected by analysts to surge up 100x on launch day. In this article, we will talk more about all you need to know regarding the progress of this coin. BNB: Massive Decline in Market Price of Binance Coin Recently, the value of BNB had experienced a downward trend of about eight percent in comparison with the dollar value. This shows clearly that the token isn't going to bring in big ROI, causing investors to lose interest in the market coin. BNB has had a bullish short-term trend, rising fourteen percent during the last couple of months, analysts warn of BNB as it is approaching its resistance of $645.02. BNB is Currently trading at $621.05 with a trading volume of approximately $2.8 billion, and YTD value of only 100%. A Crypto analyst recently described the Binance Coin as having a bullish past, with a bearish future. Due to its recent performance, investors are now seeking other alternatives to dive into, with Raboo’s presale coin showing potentials of up to 100x its market value. Solana is predicted to surge by 10% in The Crypto Market The debut of meme-coins on the Solana blockchain has been met with excitement from investors. Using the unrestricted nature of blockchain technology, Solana is an open-source project with a huge operation that provides DeFi solutions. Solana Enthusiast projects that there is a high chance it will experience a bullish trend of up to 10% in the next couple of days. This is due to the increase in its overall trading volume and market cap. In the last 24 hours, Solana has had a trading volume of approximately $2.1 billion and a market price of $75.5bn. Raboo’s Bright Future of Up to 100x is Still Bringing in Investors Raboo is predicted to place among the top AI-themed meme coins in 2024, and it definitely has people talking. The price of the presale token is estimated to go up to 233%, following its starting price of $0.003 Currently in Stage 4 with a price of $0.0048.. In a market where investors are shifting toward meme coins, Raboo is a top-tier native token that has the potential to surge by 10,000% upon its listing on a major exchange platform. Raboo offer holders the opportunity to experience the combination of MemeFi, blockchain, and SocialFi. Enthusiasts get to benefit from the special social-fi model and earn more tokens by participating in weekly, monthly, and quarterly competitions. The new meme coin is driving the $62 billion meme market and without a doubt one of the best altcoin to invest in. Conclusion In the cryptocurrency space, not only Solana but also Binance Coin have experienced big hits. With the increase in solana trading volume and market cap, it’s expected to experience a 10% surge in the couple of days. Meanwhile, Raboo is stealing the spotlight following its prediction of reaching up to 100x its current price, investors are now finding their way to this AI-powered meme coin. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 04, 2024 08:24 AM Eastern Daylight Time

Image

Mphasis and Classiq Partner to Drive Quantum Innovation

Classiq Technologies

Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced its strategic partnership with Classiq, a leading quantum software company to demonstrate and commercialize industry solutions powered by Quantum. The strategic partnership aims to accelerate the adoption of quantum solutions for enterprises by integrating them into its operations. The collaboration is committed to fostering innovation and redefining technological boundaries and paving the way for a quantum-powered future. Classiq leads in quantum computing software and has developed a platform for faster and more efficient quantum algorithm design. Mphasis will focus on building industry solutions in sectors such as BFSI, Lifesciences, Healthcare, Supply Chain & Logistics, Chemistry, utilizing these advanced algorithms. By leveraging Classiq’s quantum platform, Mphasis will develop industry-specific intellectual properties (IPs) and will also jointly market and implement customer IPs, execute customer projects, and provide support for the commercialization of Classiq’s platform and IPs. Additionally, Mphasis’ Quantum Initiative, launched in 2020 within the Applied R&D division, NEXT Labs, aims to facilitate our client's transition to the quantum era. The adoption model comprises awareness-building, assessment, and consulting workshops, as well as the development and implementation of quantum solutions in key domains such as optimization, artificial intelligence, simulation, and cybersecurity. Within the realm of quantum computing, the company’s priorities include applied research, the creation of industry-specific solutions and intellectual properties, thought leadership dissemination, building robust partnerships, and leveraging a design thinking approach to drive adoption. “We are thrilled to announce our collaboration with Classiq and leveraging their expertise to unlock the vast potential of quantum computing. This partnership enables us to combine our industry knowledge with cutting-edge quantum technology, to innovative solutions tailored to our clients' needs. Together we hope to lead the way in initiating and implementing state-of-the-art quantum solutions that redefine the boundaries of our field," said Srikumar Ramanathan, Chief Solutions Officer, Mphasis. "Classiq is proud to be partnering with Mphasis to support scalable enterprise quantum computing software development. Together we combine depth of industry domain knowledge and quantum expertise with the technology needed to implement sophisticated optimized quantum computing programs for our clients," said Nir Minerbi, CEO and Co-Founder, Classiq Technologies. By synergizing Mphasis' domain expertise with Classiq's quantum computing acumen, the collaboration is poised to unlock newer possibilities and redefine industry benchmarks. Quantum computing's ability to tackle previously unsolvable problems opens doors for entirely new discoveries and innovations. National Institute of Standards and Technology’s report states that quantum computing could lead to breakthroughs in areas like materials science, drug discovery, and financial modelling. McKinsey & Company estimates a $106B potential quantum technology market size by 2040. The alliance between Mphasis and Classiq represents a fusion of expertise and innovation, with Classiq's cutting-edge quantum development platform complemented by Mphasis' extensive industry knowledge. Together, the companies aim to pioneer groundbreaking quantum solutions that will reshape sectors primed for transformative change. Classiq’s platform enables both beginner and expert designers to rapidly generate, analyze, and execute quantum circuits. The collaboration reflects the shared dedication of Mphasis and Classiq, showcasing a commitment to pioneering quantum computing applications across diverse industry sectors. Apart from this, in June 2021, Mphasis along with the Government of Alberta, and the University of Calgary signed an MoU to announce the launch of the world-leading Quantum City - Canada. The strategic partnerships were to accelerate talent development and the development of a quantum computing ecosystem in Calgary, driving R&D in the technology sector. In June 2022, Mphasis deepened its commitment to Canada by announcing a delivery center in Calgary, opening the center in Alberta for business. The Mphasis business ecosystem was positioned to reinforce the region's reputation as a leading hub for digital transformation, AI, quantum computing, and more, and contribute to Canada's growing digital sector. About Mphasis Mphasis’ purpose is to be the “Driver in Driverless Car” for Global Enterprises by applying next-generation design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. Customer centricity is foundational to Mphasis, and is reflected in the Mphasis’ Front2Back ™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C= X2C2TM =1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization, combined with an integrated sustainability and purpose-led approach across its operations and solutions are key to building strong relationships with marquee clients. Click here to know more. ( BSE: 526299; NSE: MPHASIS ) About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon +1 781-718-3248 classiqPR@rainierco.com Mphasis Corporate Communications Deepa Nagaraj +1 646-424-5160 deepa.nagaraj@mphasis.com Mphasis Corporate Communications Sumana Bhat +91 99029 80980 sumana.bhat@mphasis.com Company Website http://www.classiq.io/

June 04, 2024 02:04 AM Eastern Daylight Time

Expert Predictions: 4 Cryptos Primed for Significant Upside

Blockchain Digest

ONDO, Rebel Satoshi ($RECQ ), Ethena (ENA), and Optimism (OP) are gaining traction as the four most lucrative crypto investments in the current market space. Let’s take a more detailed look at the facts and analyze how high these tokens could reach over the next crypto bull run! Experts Rank ONDO Among the Best Altcoins to Buy Now Analysts point out that the opening of the ONDO-PERP market on the Coinbase International Exchange enabled ONDO to reach a new record high of $1.32 on May 26. Furthermore, ONDO bulls are convinced that the token will manage to sustain its positive momentum and increase toward the $1.50 threshold in the following months. Experts single out ONDO’s significant surges in terms of its Total Value Locked (TVL) as another reason for this optimistic ONDO price prediction. Thus, ONDO is gaining traction as one of the best altcoins to buy before the next crypto bull run. On the other hand, some analysts expect pronounced drops in ONDO’s imminent market performance based on the token’s inability to provide valuable short-term returns. According to ONDO bears, holders can expect corrections toward the $0.80 mark by the end of the year. Traders Recognize $RECQ as a Formidable Force in the Crypto Meme Market Rebel Satoshi is a new meme coin project aiming to reshape the crypto landscape through its dedication to the decentralized revolution. On top of that, Rebel Satoshi users receive excellent rewards by contributing to the development of the platform’s vibrant two-token ecosystem. $RBLZ offers excellent real-world utility as Rebel Satoshi’s governance and membership token. Furthermore, the token raised over $2.5 million during the presale phase and is currently selling for $0.025 on the Uniswap DEX. Moreover, $RBLZ holders expect continued rallies in the forthcoming weeks, as the token’s current price marks a noteworthy 150% increase from the starting $0.010. Meanwhile, Rebel Satoshi’s second token, $RECQ, is at Stage 2 of the presale, available for only $0.0044. Thus, Stage 2 investors can expect 25% gains as early as the next presale stage and a remarkable 184% gain when $RECQ reaches its launch price of $0.0125. $RECQ serves as Rebel Satoshi ’s base currency for everyday transactions such as purchases, rewards, and fees. Furthermore, the powerful $RECQ token also provides access to Rebel Satoshi’s advanced buyback program and the numerous play-to-earn games in the fun-filled Rebel Satoshi Arcade. Make sure to chip in today, as $RECQ is set to continue its upward trend over the next crypto bull run! Ethena Emerges as One of the Top Altcoins to Buy in 2024 Ethena bulls suggest ENA as one of the top altcoins to buy now based on its excellent performance since its launch on April 2, 2024. While ENA recorded its all-time high of $1.51 on April 11, experts believe that Ethena could surpass the $1.70 price mark during the next crypto bull run. ENA traded at around $0.90 during the second half of May, meaning Ethena could increase by a remarkable 88.88%. Moreover, analysts point to Ethena’s various strategic partnerships as another important factor behind this bullish ENA price forecast. For example, Infinex announced its integration with Ethena Labs via an X post on May 28. However, Ethena bears warn that ENA’s failure to consolidate above the $1 threshold could announce the beginning of a lengthy downward trend. In the worst-case scenario, ENA could decrease by the year's close toward the $0.50 mark. Optimism Crypto Price Prediction: Could OP Surge To $3.60? Optimism enthusiasts believe that the next crypto bull run could help the OP token approach the $3.60 price level. OP traded around the $2.50 range during the final week of May, meaning OP investors could receive more than 44% gains. This bullish OP crypto price prediction is based on several factors, such as Optimism’s reputation as one of the leading L-2 scaling solutions. On the other hand, some experts have evaluated OP as a risky investment for the following term, as several Optimism whales have started to dump their OP holdings. Thus, Optimism bears claim that holders should expect corrections below the $2.20 range amid Optimism’s imminent price movements. Top market experts single out ONDO, ENA, OP, and $RECQ as the most rewarding options for the next crypto bull run, so don’t hesitate to join Rebel Satoshi’s mighty army of Recusants! For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram Contact Details Rebel Satoshi Rebel Red marketing@rebelsatoshi.com

June 03, 2024 02:50 PM Eastern Daylight Time

Image

XLB ETF: It’s Relevance to Increased Construction Activity

Select Sector SPDR

The United States has recently seen a resurgence in the construction industry. Investors aiming to benefit from this rise in construction activity may want to explore an exchange-traded fund (ETF), the Materials Select Sector SPDR Fund ( XLB ), which offers a snapshot of this bustling sector. As of the latest reports, the XLB ETF's strategic holdings reflect its commitment to offering diverse exposure within this thriving industry. Key Holdings Within XLB* XLB encompasses a diverse portfolio of businesses operating in different domains, including chemicals, construction materials, packaging and containers, metals and mining, along with paper and forest products. There are currently 28 companies in the portfolio. Leading the pack we have Linde PLC, a global leader in industrial gasses and engineering, at 21.45%. It is followed by Freeport-McMoRan Incorporated, a leading mining company, holding 7.19% of XLB. Next we have Sherwin-Williams, which is renowned for their excellence in paints, coatings, and related products, at 7.08%. Following is Ecolab, a prominent player in the industrial sector, making a significant contribution to XLB at 5.76%. Finally, there is Air Products and Chemicals, another key player in industrial gasses and related equipment, with 5.27%. This extensive coverage offers investors the opportunity to tap into numerous facets of the materials sector, proving advantageous during phases of economic expansion or heightened infrastructure investment. As the construction industry continues forward, XLB, with its 0.09% expense ratio**, remains well-positioned. Increasing Demand for Building Materials The steady demand for building materials has been a key factor in the growing relevance of XLB. As we continue to navigate the post-COVID-19 era, construction activities are on a significant rise, creating a surge in the need for raw materials. Furthermore, the increasing focus on infrastructure development is adding fuel to this rising demand. The recent passage of the infrastructure bill opens up avenues for substantial investments in diverse fields such as transportation, broadband, and clean energy, thereby making XLB a potentially attractive investment option. The Materials Select Sector SPDR Fund ( XLB ) provides diversified exposure to the thriving materials sector. With its current demand driven by ongoing construction projects and potential infrastructure expenditure, XLB emerges as a compelling choice for investors seeking to tap into these trends. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 4/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007537 EXP 7/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

June 03, 2024 02:25 PM Eastern Daylight Time

1 ... 47 48 49 50 51 ... 598