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

SingularityNET Arrives In Switzerland Counseled By STORM Partners — Uniting Artificial Intelligence & Decentralization

STORM Partners

Geneva, Switzerland, February 9, 2024 – SingularityNET (SNET), a global innovator within the decentralized artificial intelligence (AI) space, has established its Foundation in Switzerland through Geneva to the Crypto Valley in Zug. This strategic move underscores the SNET commitment to the decentralized, democratic values seen within its AI initiatives, including within its governance structure. The Zug-based Foundation will support the development of new use cases for the ecosystem, expand its global community, and promote research and development projects. Commenting on the move, SingularityNET Founder and CEO Ben Goertzel remarks: “The Foundation is set to further enable the Web3 vision of creating a decentralized and democratic paradigm that meets the challenges of the modern world. The move to Zug underlines our commitment to do this with the utmost transparency and highest standards of compliance.” Working in conjunction with STORM Partners, a Swiss Web3-focused professional services firm, SingularityNET has relocated its foundation from Amsterdam, in the Netherlands, to Zug, in Switzerland. Choosing Switzerland as the market from which to drive global adoption of the technology, as well as its more philosophical and ethical underpinnings, is also a nod to Switzerland’s reputation: a neutral and benign confederation that has been practising democracy since as early as the thirteenth century. It’s no wonder it’s also a hub of decentralization, disintermediation, and trust. “This strategic move highlights once more Switzerland's attraction for innovation. Clear guidelines for the digital economy mean Web3 entrepreneurs can benefit from the stability they so desperately require when venturing into this ever-changing field,” adds Sheraz Ahmed, Managing Partner of STORM Partners. Switzerland’s crypto-friendly regulatory framework and secure business environment are key drivers behind SNET’s decision to establish its Foundation in Zug. This move allows SNET to leverage Switzerland’s thriving crypto community ecosystem, fostering an environment of innovation, collaboration, and growth for its beneficial and compassionate AI vision. Zug’s Crypto Valley is home to +1,600 blockchain-based projects, including industry leaders like Ethereum, Polkadot, Tezos, and many more. SNET’s unique take on AI and commitment to developing a decentralized platform for artificial general intelligence (AGI) will add a new richness to the Zug community. SingularityNET works with partners like Cisco, Cardano, and Hanson Robotics, famous for the human Sophia the Robot. SNET’s mission to redefine the future of AI by building an AGI transcends the limitations of centralization, and ensures openness for all, free from the narrow objectives of a single corporation or nation. Now this bold mission is matched with a state-of-the-art governance structure that provides for future growth in a decentralized environment. About SingularityNET: SingularityNET is a pioneering decentralized AI platform that combines the power of blockchain technology with artificial intelligence. It envisions creating an inclusive, democratic, and beneficial AGI free from centralization, corporate control, and national restrictions. SNET’s core mission is to democratize AI, ensuring this technology benefits all humanity. About STORM Partners STORM Partners is a premier all-in-one professional services provider within the dynamic blockchain industry. Its expertise spans the global landscape of Web3, collaborating with a diverse spectrum of businesses and brands – from nimble startups and pre-IDOs to flourishing scale-ups and established global organizations. Contact Details Storm Partners Adrian Bono adrian.bono@storm.partners

February 09, 2024 10:14 AM Eastern Standard Time

Image
Article thumbnail News Release

Geoff Reiss, Former GM of Yahoo Sports, Named Chairman of StreamLayer

StreamLayer

StreamLayer, a leader in the monetization of live OTT sports content, has appointed Geoff Reiss, the former GM of Yahoo Sports, as the company’s new chairman. Reiss, who also served as Head of Sports at Twitter and CEO of the Professional Bowlers Association, has an extensive record of leading groundbreaking sports media businesses, including his role in launching ESPN.com and ESPN's fantasy platform. As StreamLayer experiences a surge in demand for its video monetization technology, Reiss's timing couldn't be more opportune. The company's technology is increasingly sought after for its ability to unlock new revenue sources and attract younger audiences, a necessity as the industry undergoes a difficult transition from linear TV to streaming. StreamLayer is also planning to unveil a groundbreaking event-triggered, in-game advertising solution later this year, and Reiss will play a key role in its introduction to the market. "We're honored to have Geoff on board,” said John Ganschow, StreamLayer CEO. “His expertise in commercialization and partnership development will be invaluable as we tap into these new opportunities and expand our global reach across the sports media sector." “StreamLayer is at the forefront of developing new and incredibly exciting ways for fans to engage with live sports, and I couldn’t be more excited for the opportunity to help them become a fixture within the industry,” said Reiss. About StreamLayer: StreamLayer is revolutionizing the economic model for OTT providers around the globe. The Company’s proprietary Video Engagement Operating System (VEOS) enables content programmers and broadcast rights holders to transform linear streaming video feeds into highly monetizable interactive viewing experiences, seamlessly integrated into their own native app environments to facilitate valuable first-party data collection. StreamLayer is headquartered in Chicago, IL. Contact Details StreamLayer John Ganschow +1 312-543-0488 john@streamlayer.io Company Website https://www.streamlayer.io/

February 09, 2024 07:00 AM Central Standard Time

Image
Article thumbnail News Release

Toggle3D.ai reports new Toggle3D platform increasing artist productivity by 100%

Toggle3D.ai Inc

Toggle3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to discuss how Toggle3D.ai's platform is revolutionizing the 3D modeling and texturing process, increasing artists' productivity by 100% and providing substantial cost and time savings. Gappelberg explained that Toggle3D.ai's internal artists have been testing the platform, comparing it to other 3D painting applications. They found that what typically takes 30-45 minutes to texture in other applications can be completed in just 15 minutes with Toggle3D, showcasing a remarkable increase in speed and productivity. This increased speed is attributed to Toggle3D's web-based platform, intuitive user interface, and an extensive library of textures and materials. The application features a pre-built material library with over 1000 4K PBR materials, including metals, woods, plastics, marble, and more. This vast collection empowers users to create rich, photorealistic 3D product experiences quickly and effortlessly. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 10:19 AM Eastern Standard Time

Video
Article thumbnail News Release

Bio-key International CEO Michael De Pasquale: Revolutionizing Global Security and key contract wins

BIO-key International

BIO-Key International CEO Michael Depasquale joined Steve Darling from Proactive to announce several significant contract wins for the company which specializes in advanced security and identity solutions. De Pasquale highlighted the company's role in enhancing security through biometrics for access, making systems both more secure and convenient. With increasing concerns about data breaches and cyber threats, Bio-key addresses these issues with software and hardware solutions, helping employees and customers access authorized information more efficiently. De Pasquale discussed the surge in cyber threats, emphasizing the accelerating frequency of data breaches. He also mentioned government mandates requiring companies to report breaches promptly and the necessity of multi-factor authentication for cyber insurance, a service Bio-key provides. In Spain, a partnership has been established with a group that will collaborate with BIO-Key to implement AuthControl Sentry, one of the company's flagship solutions. AuthControl Sentry is highly regarded for its robust authentication capabilities, and it will play a pivotal role in safeguarding the login processes for both internal and external users of Tragsa. Furthermore, Depasquale revealed that Haver & Boecker, a global leader in processing and packaging technology for bulk materials, has embraced Multifactor Authentication and Single Sign-On technology for its digital platforms. This implementation has been facilitated through P&W Netzwerk GmbH & Co. KG, leveraging BIO-Key Europe's AuthControl Sentry solution. This move is part of a strategic initiative aimed at enhancing efficiency and improving the overall user experience for Haver & Boecker's employees. These contracts underscore the value and effectiveness of BIO-Key International's solutions in the realm of identity and access management, highlighting the company's ongoing commitment to providing cutting-edge cybersecurity solutions to its clients. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 09:52 AM Eastern Standard Time

Video
Article thumbnail News Release

First-Ever Risk Retention Group for the Cannabis Industry Launches with CLIC RRG

IMA Financial

Cornerstone Risk Solutions, a subsidiary of IMA Financial Group, today announced the launch of CLIC Risk Retention Group Inc. (CLIC RRG), the first and only risk retention group designed specifically for the unique needs of the burgeoning cannabis industry. The member-owned insurance solution is now available to cannabis-related businesses (CRBs) nationwide. “We are very proud to announce the launch of CLIC Risk Retention Group. We are the first and only insurer in the cannabis space that is owned exclusively by its policyholders,” said Chris Payne, founder of CLIC RRG. “This allows us to offer risk management and profit-sharing opportunities that are unavailable anywhere else in the industry.” The product represents a significant step toward comprehensive insurance solutions tailored to the needs of CRBs across the United States. CLIC members gain access to general liability and product liability coverage from anywhere in the nation, which until now has been out of reach in this high-risk, heavily legislated sector. Tris Felix, Managing Director of Cornerstone Risk Solutions, highlighted the product’s significance: “A member-owned insurance solution is a game-changer for CRB owners whose growth has been historically limited by lack of liability coverage. CLIC RRG owners can build — and benefit from — products that meet the industry’s unique needs, leveling the playing field in a competitive and evolving industry.” As the cannabis industry continues to grow, Cornerstone and CLIC RRG are committed to assessing market responses and potentially introducing additional cannabis industry-specific insurance solutions. “Historically, CLIC RRG coverage lines have been profitable for carriers, yet restricted the policyholders,” said IMA Vice President and Cannabis National Practice Leader Michael Hennessey. “By coming together in a risk retention group, cannabis businesses set their own direction and claim their due benefit.” About Cornerstone Risk Solutions and IMA Financial Group Cornerstone Risk Solutions, a subsidiary of IMA Financial Group, specializes in providing innovative insurance and risk management solutions. IMA Financial Group, a North American insurance brokerage firm, is renowned for its commitment to protecting assets and making a difference in the lives of its clients, associates and communities. About CLIC Risk Retention Group Inc. (CLIC RRG) CLIC Risk Retention Group Inc. (CLIC RRG) is a private insurance company owned by and operated solely for the benefit of participants in the legalized cannabis industry. The company serves businesses and individuals involved in the sale, manufacture, cultivation, transportation and testing of legalized cannabis-based products. The company’s operations are controlled by policyholders who are licensees in the cannabis industry. Contact Details CLIC Risk Retention Group Inc. Chris Payne +1 858-260-9000 chris@clicrrg.com IMA Financial Group Sean Hanft +1 203-313-3205 Sean.hanft@imacorp.com Center Reach Communications Alexandra Campbell alexandra@centerreachcommunication.com Company Website https://cornerstonerisksolutions.com/

February 08, 2024 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

COMCAST OPENS LATEST XFINITY STORE IN EDEN PRAIRIE, MINNESOTA

Comcast Twin Cities

Comcast today announced the opening of its newest Twin Cities area Xfinity Store in Eden Prairie, Minnesota. Located off bustling Commonwealth Drive, the space is thoughtfully designed with the customer experience at the forefront, providing an opportunity to explore and interact directly with the latest Xfinity products and services. The store is located at 8266 Commonwealth Dr, Eden Prairie, MN 55344, and is now open to the public. This opening marks the 15 th Xfinity Store in the Twin Cities metro area. With a modern and open environment that highlights Comcast’s entertainment and technology offerings, the new store encourages customers to work with dedicated store employees and interact with the latest Xfinity products. Products range from internet, video, connected home solutions, Xfinity Mobile, a flexible and affordable wireless plan, and Comcast Business solutions, including new mobile offerings for any size business. The store is equipped to host live demos and provide hands-on account management services. Customers can also conveniently book appointments online ahead of time through Xfinity’s website. “We are happy to welcome Comcast to Eden Prairie as the location for their newest Xfinity store,” said Pat MulQueeny, President of the Eden Prairie Chamber of Commerce. “The Chamber knows how important access to the newest technology is, and with the store’s prime location, it is easier than ever for Eden Prairie customers to access the latest technology and stay connected.” Comcast has also further invested in the Eden Prairie community by donating $5,000 to the Eden Prairie Crime Prevention Fund for their annual youth Safety Camp, where children learn about safety from local police, fire, and recreation departments. “We are thrilled to bring this new state-of-the-art store to Eden Prairie,” said Rachel Johnson, vice president, Sales and Marketing, Comcast Midwest. “Xfinity’s unprecedented coverage is only getting faster, smarter and more reliable, and it is exciting to see more and more communities taking advantage of our unmatched products and services.” The store is open daily from 10:00 a.m. to 8:00 p.m., Monday through Saturday and 11:00 a.m. to 6:00 p.m. on Sunday. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://midwest.comcast.com

February 08, 2024 08:00 AM Central Standard Time

Image
Article thumbnail News Release

Diamond Lake Minerals CEO Brian Esposito Unveils Strategic Vision for Real Estate Tokenization

Diamond Lake Minerals Inc

Diamond Lake Minerals CEO Brian J. Esposito joined Steve Darling from Proactive to discuss the company's presence at a conference in Miami and its distinctive approach to digital assets. Esposito emphasized that Diamond Lake Minerals primarily focuses on Security Token Offerings (STOs) within a regulated environment, setting them apart from unregulated cryptocurrencies. This commitment to regulatory compliance and security is central to the company's approach in the digital asset space. The CEO also stressed the importance of transparency and adherence to regulations within the digital asset sector. Esposito elaborated on the potential of blockchain technology for tokenizing real estate, particularly properties with high leverage or potential risk factors. By using security token offerings, Diamond Lake Minerals aims to bring liquidity and capital to traditionally illiquid assets, enabling fractional ownership and making it accessible to retail investors. Esposito underscored the value of allowing retail investors to own fractional shares in real estate, opening up new opportunities for wealth generation. In response to concerns about the abundance of opportunities in the market, he assured that Diamond Lake Minerals places a premium on rigorous vetting processes to ensure the safety and profitability of business transactions. The CEO expressed a strong commitment to building a diverse portfolio of holdings across various industries, with a focus on maximizing value for shareholders and security token holders. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 08:59 AM Eastern Standard Time

Video
Article thumbnail News Release

Airship AI begins delivery of major U.S. Government contracts with video and sensor management

Airship AI Holdings

Airship AI President Paul Allen joined Steve Darling from Proactive to share news regarding the company's recent accomplishments. Airship Industries has embarked on the delivery of multiple firm fixed-price contracts valued at over $10 million. These contracts have been secured in collaboration with the Department of Homeland Security, and they aim to provide advanced integrated solutions to support real-time intelligence collection operations along the United States' borders. Central to these contracts is the utilization of Airship Industries' cutting-edge edge IoT appliance, Outpost AI. Outpost AI is a transformative technology that plays a pivotal role in these contracts. It serves as a highly efficient edge analytic processing and secure data transmission system, encapsulated within a compact edge computer device designed to withstand even the most rugged operational environments. Outpost AI leverages an on-board deep learning accelerator, allowing it to process substantial volumes of data at the edge, in real-time. This enables the extraction of actionable intelligence through a range of hot-swappable, custom-trained inference engines. The applications of Outpost AI are diverse and comprehensive. In the context of the contracts with the Department of Homeland Security, Outpost AI solutions will be instrumental in facilitating real-time intelligence collection operations along the United States' borders. They offer local high-definition recording capabilities along with customizable low-bit-rate video stream encoding. Furthermore, Outpost AI is equipped with on-board edge analytic capabilities, enabling advanced object detection and recognition. Airship Industries' successful procurement of these contracts underscores their commitment to innovation in the realm of real-time intelligence gathering and border security. The incorporation of Outpost AI technology positions the company as a pioneer in the field, offering highly effective and efficient solutions that enhance the security and surveillance capabilities along the nation's borders. In summary, Airship Industries' recent achievements in securing these substantial contracts and the deployment of their cutting-edge technology, Outpost AI, highlight their dedication to providing advanced solutions that contribute significantly to border security and intelligence operations. The combination of innovation, efficiency, and adaptability positions Airship Industries as a key player in the field of real-time data analytics and border protection. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 06:15 AM Eastern Standard Time

Video
Article thumbnail News Release

Bitci Announces Strategic Collaboration with TRON DAO to Enhance Digital Asset Offerings in Turkey

Bitci

Turkey, Istanbul, Feb 7th, 2024 - Bitci, one of Turkey's top cryptocurrency exchanges, is pleased to announce a strategic collaboration with the TRON DAO, furthering the accessibility of the TRON ecosystem in the Turkish market. This collaboration strengthens Bitci's offerings, highlighting its commitment to continue listing credible digital assets on its exchange. Ahmet Onur Yeygün, the CEO of Bitci commented on the development: "This collaboration with the TRON DAO marks a significant step in our mission to provide a wider range of services and digital assets to our users. Integrating with the TRON chain, will enable our users to conduct transactions more quickly and securely. Furthermore, advancing our vision of providing reliable and innovative digital asset services, positioning Bitci as a leading force in the Turkish blockchain sector." Tronix (TRX) already being listed, Bitci is now expanding its TRON ecosystem offerings to include additional tokens such as APENFT, BTT, JUST, SUN, USDD, and WIN. These will be available for trading with Turkish Lira (TRY) and USDT pairs, enhancing trading options for users and contributing to the growth of the exchange. David Uhryniak, Ecosystem Lead at TRON DAO, expressed his enthusiasm, saying, "We are excited about this strategic collaboration with Bitci. Their position as a leading exchange in Turkey opens up great opportunities for the TRON ecosystem, enhancing TRON’s global accessibility and supporting the broader adoption of blockchain technology in the region." This initiative not only bolsters TRON’s global expansion but also positions Bitci as a pioneering force in Turkey's evergrowing blockchain landscape. Stay tuned for more updates on this strategic collaboration and the exciting opportunities it brings to the cryptocurrency community in Turkey. About Bitci Bitci, the leading launchpad platform in Turkey for cryptocurrency trading, transfer, and storage since 2018, holds the position of the country's second-largest cryptocurrency exchange according to Coingecko data. Moreover, based on Coingecko data, the exchange has demonstrated remarkable growth, increasing its market share from 0.9% in 2022 to a staggering 12% in 2023, supporting its claim as the "fastest-growing digital asset platform in Turkey." Additionally, Bitci facilitates the blockchain adaptation of companies and institutions with BitciChain, Turkey's first blockchain network with stock market integration. Bitci continues to contribute substantially to the development of cryptocurrency markets with its products such as Global Fan Token and Bitcicoin. Media contact: İlker Karacan Marketing Manager Mail: marketing@bitci.com About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of February 2024, it has over 209.79 million total user accounts on the blockchain, more than 7.09 billion total transactions, and over $19.56 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details İlker Karacan marketing@bitci.com

February 07, 2024 01:25 PM Eastern Standard Time

Image
1 ... 111112113114115 ... 639