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

Communications ETF XLC Offers Clear Exposure to the Space

Select Sector SPDR

Everyday businesses and consumers are using more and more digital services. From the internet and streaming services to mobile phones and new communication products, innovation is an ongoing trend. The Communication Services Select Sector SPDR Fund ( XLC ), is designed to capture the growing digital side of the U.S. economy. This Exchange Traded Fund (ETF) invests in all the components of the S&P 500 in the Telecommunications, Media, Wireless, Internet and Entertainment Industries. XLC tracks a modified market-cap-weighted index of this Sector currently consisting of 23 components. The index is rebalanced quarterly. Top Holdings* XLC’s top holdings are everyday names for the digital products and services the companies known and used by consumers and businesses everyday: Meta Platforms (Facebook) is the top holding at 23.59%, followed by Alphabet (Google) Class A (12.10%) and Class C stock (10.37%), AT&T (4.78%), and Charter Communications (4.77%). All the holdings are focus on the evolving world of communications as a key economic driver to the 21 st century economy. XLC has attracted more than $14 billion in assets under management. This sector is being embraced by investors as an important sleeve to their overall portfolios. Fine-Tuned and Low Cost** The Communication Select Sector SPDR brings a more fine-tuned approach to three key subsectors – communications, media, and technology – that have matured to deserve their own classification, considering the industries’ size and success. XLC offers that access in an easy and low-cost manner (0.10% annual expense ratio), with the asset size and ETF structure which also brings tradability to this important sector. XLC is an investment in the leaders of the communication, media, and wireless industries available to any investor, whether large or small or institutional. That is made possible through the structure of an exchange-traded fund that brings a low-cost and index-based approach to investing in any part of the equity world. 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 9/30/23 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 nondiversification 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. SEL006978 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 19, 2023 07:00 AM Eastern Daylight Time

Virtuous Innovation Goes on Full Display at the 2023 OPPO Inspiration Challenge Global Final Demo Event

OPPO

Five winning teams were selected as winners of the 2023 OPPO Inspiration Challenge in recognition of their innovative solutions in the “Inspiration for People” and “Inspiration for the Planet” categories Winners of the People’s Choice and Media Choice Awards were also announced at the event SINGAPORE - Media OutReach - 19 October 2023 - OPPO yesterday announced the five winning proposals of 2023 OPPO Inspiration Challenge following the completion of the Global Final Demo Event in Singapore. Initiated by the OPPO Research Institute and supported by Qualcomm, GSMA 5G IN, Amazon Web Services and LinkedIn, this year’s Inspiration Challenge saw entrants submit proposals in the two categories of “Inspiration for People” and “Inspiration for the Planet”, each aimed at identifying powerful solutions that support OPPO’s belief in “Virtuous Innovation”. Following three regional challenges and an acceleration camp, five winning proposals were selected from among 687 proposals submitted by teams based in 66 countries and regions worldwide. These teams will go on to engage in further collaboration with OPPO and its partners to bring their ideas to life. The five winning teams of the 2023 OPPO Inspiration Challenge “We are extremely grateful for the collaborative support of our partners and to all the technology professionals and entrepreneurs who have taken part in this year’s OPPO Inspiration Challenge, especially the top five teams who truly demonstrated the incredible potential of innovative technology,” said Jason Liao, President of the OPPO Research Institute. “Following five months of extensive evaluation, we have seen many innovative and cutting-edge solutions to a number of critical but overlooked social issues raised by start-ups from around the world. Together, through the Inspiration Challenge, we look forward to working with these teams to bring the power of virtuous innovation to all corners of the world.” President of the OPPO Research Institute, Jasion Liao, delivers the opening remark at the Global Final Demo Event During the Global Final Demo Event, OPPO collaborated with 6 startup teams from both this and last year to showcase their cutting-edge products and prototypes. Among them, Bluepha Co., Ltd. has teamed up with OPPO to create environmentally friendly packaging for mobile phones, as well as art installations made from biodegradable materials that showcase both the lightness and flexibility of OPPO’s foldable smartphones and OPPO’s commitment to the environment. Woola, another sustainability-focused startup, demonstrated its packaging for the OPPO Watch made from recycled wool. One of the winners of last year’s Inspiration Challenge, TangTang Quan, returned to the stage this year to demonstrate the results of its collaboration with OPPO promoting a blood glucose monitoring function for the OPPO Watch 4 Pro that enables diabetes patients to monitor their blood glucose levels in real time using a customized smart watch interface. The onsite demo area at the Global Final Demo Event This year, OPPO also teamed up with Deloitte China for the first time to launch an Acceleration Camp prior to the Global Final Demo Event. During the camp, experts from the OPPO Research Institute joined members of OPPO’s software, hardware, investment, universities and research, IoT departments, and industry experts from Deloitte to engage in discussions with the top 15 teams and provide advice on technology, industry trends, and the business prospects of their proposals. Acceleration Camp of 2023 OPPO Inspiration Challenge At the end of the event, five winning proposals were ultimately selected from among fifteen finalists by a panel of judges comprising members of the OPPO Research Institute, OPPO’s investment department and experts from Temasek International, GSMA, Fidelity International and XNode. The judges assessed the proposals against the four criteria of Feasibility, Innovation and Originality, Long-term Potential, and Social Values, with winning teams each receiving a grant of USD $50,000 plus opportunities to further develop their ideas in collaboration with OPPO and its partners. Further to this, “3D interactive platform” and “Flint Paper Battery” were awarded the People’s Choice awards in the “Inspiration for People” and “Inspiration for the Planet” categories, and “Impulse (Non Surgical Hearing Aid)” and “Flint Paper Battery” received the Media Choice awards. The Winners of the 2023 OPPO Inspiration Challenge OPPO will continue to bring together technology professionals, entrepreneurs, and startup teams through the Inspiration Challenge to develop and implement innovative solutions that enable more people to benefit from the power of technology. To learn more about the OPPO Inspiration Challenge and the winning proposals from this year’s competition, please visit the official website at https://www.oppo.com/en/proposal/. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO Media Contact press@oppo.com

October 19, 2023 04:35 AM Eastern Daylight Time

Image

SSV Capital working to create "better impact for investors and the environment"

SSV Capital Ltd

SSV Capital Non-Executive Director Obi Onyesoh visits the Proactive London studio to speak with Thomas Warner about what he expects to see from the business and what he hopes to contribute. He starts by reiterating that SSV is currently comprised of three main parts; FinTech, PropTech, and Funds and has an ESG focus underpinning the entire operation. Onyesoh says his decision to join was influenced by the company's alignment with his values, particularly on the ESG side. He explains that following a career spanning business technology, equities trading, and digital transformation he decided to focus on the ESG arena, furthering his expertise by taking a course at Wharton Business School. He concludes by saying SSV Capital's focus is on sustainable investments that not only benefit the environment and society but also offer substantial returns to investors, and is looking forward to creating what he calls "better impact for both our investors and the environment." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 19, 2023 04:31 AM Eastern Daylight Time

Video

Comcast California Pledges $100,000 in Scholarships to Five Central Valley Community Colleges

Comcast California

Comcast today announced it will donate $100,000 to five Community Colleges in California’s Central Valley to support the next generation of students eager to pursue careers in Science, Technology, Engineering, Arts and Mathematics (STEAM). The five colleges, which will receive $20k each, include Fresno City College, Clovis Community College, Madera College, Reedley College and College of the Sequoias. The institutions selected span four counties in the Central Valley and are home to primarily income constrained student populations with many first-generation students. “This scholarship donation from Comcast will help so many students from communities throughout the Central Valley who will go on to accomplish amazing things,” said David Tashjian, Regional Senior Vice President of Comcast California. “As someone who doesn’t have a traditional college education— and took a unique path to achieve success in business and life —I’m proud to work at a company that understands the importance of investing in our communities in a variety of different ways. It’s no longer a one-size-fits-all-journey. We need to think creatively, adapt and apply innovation. Our hope at Comcast is that these community college scholarships will do just that -- meet these students where they are and support their future learning, growth and advancement in whatever way serves them best.” Today’s scholarship announcement is part of Comcast’s larger digital equity efforts in the Central Valley where the organization has invested millions in expanding its network and creating new “Lift Zones,” which provide free WiFi access, powered by a Comcast Business solution, to help connect youth and their families, seniors, and community members to the Internet so they can fully participate in educational opportunities and the digital economy. So far, Comcast has now established nearly 20 Lift Zones throughout the South Central Valley—and a total of more than 150 Lift Zones throughout its California footprint. “We are grateful for Comcast’s outstanding gesture of philanthropy here in the Central Valley and delighted to accept these scholarship funds that will go to better the lives of our students,” said Fresno City College President Dr. Robert Pimentel. “Comcast’s dedication to our students success is mirrored through its outstanding community efforts and we applaud the company’s commitment to supporting dreams and giving students the extra assistance and resources needed to advance them in finding a rewarding career.” “It is the generosity and commitment of community partners like Comcast that assist our students and families in developing robust educational opportunities and providing the resources for our students to thrive and succeed,” said Madera College President Dr. Ángel Reyna. “Partnerships like these, where our students are given extra assistance toward their education success, as well as the opportunity to participate in the growing digital economy, enable our entire community to prosper.” “Comcast’s generous scholarship donation will provide a pathway for students in our communities to transform their lives through higher education, and that is definitely something to celebrate,” said Clovis Community College President Dr. Kim Armstrong. “Organizations like Comcast help encourage everyone in our community to continue to support our students and help them meet the challenges they face head on so they can graduate and succeed.” “Today’s significant investment from Comcast will help expand our workforce development initiatives in the future and further proves the company’s commitment to the Central Valley, which is sometimes overlooked when it comes to the success of our students,” said Reedley College President Dr. Jerry Buckley. “This scholarship donation will help increase access to students looking to enter the tech industry and creates a pipeline for future leaders and entrepreneurs who otherwise would not have been able to participate in the industry.” “Investments like these in our youth and the larger community are meaningful as they will have lasting impacts on building a highly skilled and diverse talent pipeline here in the Central Valley,” said College of the Sequoias President Dr. Brent Calvin. “Comcast’s scholarship donation will directly support the next generation of leaders that will have the tools and resources needed to tackle the issues the Central Valley will face head on in the future.” Today’s scholarship reception was held at Fresno City College and included Chancellor Dr. Carole Goldsmith, presidents from the five area community colleges, along with business and communities leaders from the region. This scholarship donation is part of Comcast’s Project UP initiative, which is the company’s $1 billion commitment to reach 50 million people over the next 10 years with the tools, resources, and skills needed to succeed in a digital world. For more information about Comcast’s Project UP initiative, please visit: https://corporate.comcast.com/impact/project-up About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast California Jon Koriel +1 925-315-2690 jon_koriel@comcast.com

October 18, 2023 05:00 PM Pacific Daylight Time

NexTech3D.ai announces its new AR-powered mobile app for tradeshows will feature AR Games

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share shared exciting news about the company's augmented reality offerings for trade shows and event organizers. Nextech3D.ai has introduced a new Augmented Reality Mobile Event App designed for trade shows and event organizers. Gappelberg revealed that this app now features 10 out-of-the-box AR games, creating opportunities for sponsorship and engagement at events. This integration allows events to monetize the airspace through AR sponsorships and offer 3D/AR mobile games and immersive experiences, enhancing the event experience for attendees. By incorporating AR technology into the event app, Nextech3D.ai is helping event organizers tap into a new revenue channel while also providing attendees with a unique and engaging experience. The company's white glove deployment and sponsorship sales services further support event organizers in maximizing the potential of AR at their events. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 18, 2023 04:37 PM Eastern Daylight Time

Video

Ex-Salesforce architect unites CRM intel with data to create ultimate B2B sales prospecting pathway at OneShot.ai

OneShot.ai

Sales and RevOps startup OneShot.ai today announced the launch of an autonomous prospecting platform powered by artificial intelligence, the first end-to-end lead prospecting solution poised to disrupt the B2B sales industry. OneShot.ai was founded by Salesforce veteran Peda Pola and experienced sales leader Gautam Rishi. The platform uses AI to accelerate every step of the prospecting process. It helps teams identify potential customers by analyzing external intent signals alongside internal CRM and sales engagement data to determine patterns and create a detailed ideal customer profile (ICP). It then sources ICP accounts and contacts, conducts in-depth research on target accounts and contacts, produces highly personalized messaging, and reaches out to prospective customers across multiple channels on an optimal cadence using generative ai voice, text, video, and images. Machine learning algorithms continually monitor performance data and automatically optimize campaigns, and warm leads are delivered directly to the sales team. “The current state of modern outbound sales is broken,” says Peda Pola, co-founder and CTO at OneShot.ai. “The ‘spray-and-pray’ approach popularized by email sequencing tools has rendered what was once a highly reliable method to generate new business opportunities effectively useless. Yet companies are still spending a fortune on these tools and promoting these practices.” OneShot.ai takes prospecting back to first principles. Peda Pola added: “Traditional outbound sales relies too heavily on guesswork and not enough on data,” he says. “OneShot.ai helps sales teams take a more rational, scientific, and data-driven approach to prospecting. We use advanced machine learning techniques to process huge amounts of data so teams can make more informed decisions. This also frees salespeople from tedious manual work, which allows them to spend more time developing deeper connections with potential customers.” More than a decade at Salesforce provided Peda Pola with firsthand experience of the challenges of the B2B sales industry, and also the opportunities AI advancements have unlocked. “Every B2B sales team has a CRM,” says Peda Pola. “They’re all sitting on enormous datasets. Yet hardly any of them are tapping into the full potential of this goldmine of customer information. OneShot.ai automatically transforms the data at every team’s fingertips into real business opportunities.” The response to OneShot.ai’s meteoric rise has already prompted a surge of interest from customers and investors. “Over reliance on automation and the predictable revenue model ruined the effectiveness of outbound sales”, says Gautam Rishi, co-founder of OneShot.ai. “High costs and poor results caused B2B sales teams to give up on what is still a great strategy for revenue growth. The demand for OneShot.ai is astronomical not only because we empower reps to bring the human touch back to prospecting, but also because companies no longer need a hugely expensive tech stack to run outbound. In the current landscape of smaller teams and limited venture funding, teams need to do what they can with the limited resources and budget they have. Our customers are removing their legacy sales tech and going all in on OneShot.ai.” “OneShot.ai isn’t just focused on addressing a narrow problem, they’re creating a salesperson’s personal AI-powered prospecting assistant,” says Moritz Zimmermann, general partner at prominent venture capital fund 42CAP. “I’ve personally experienced the challenge of growing and scaling a sales team. The way we do outbound is due for disruption, and OneShot.ai—led by founders with both deep technical know-how and extensive enterprise sales experience—is well positioned to provide the solution.” As the technology industry continues to experience disruptions, OneShot.ai’s AI-Powered Autonomous Prospecting takes a unique stance to help revenue teams hit their targets. “B2B sales is changing”, says Peda Pola. “AI has unlocked the ability for sales teams to deliver, at scale, the thoughtful and personalized approach that modern buyers expect. OneShot.ai eliminates the time consuming manual tasks holding salespeople back, enabling them to do more with less. In a climate of economic uncertainty, this is a top priority for every company.” About OneShot.ai OneShot.ai is the autonomous prospecting platform that uses advanced machine learning and generative AI technology to put prospecting on autopilot. Our intelligent platform removes the tedious administrative work of researching prospects, finding leads, creating personalized messaging at scale, and the experimentation required for continuous improvement, allowing salespeople to focus their time on revenue-generating activities. To learn more, please visit us at: https://www.oneshot.ai/ Contact Details OneShot.ai Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.oneshot.ai/

October 18, 2023 08:00 AM Pacific Daylight Time

Image

News Release

Litecoin Network Processes 180M Transactions, Everlodge and Shiba Inu Profitability Jumps

Total Media

As always, the cryptocurrency industry is abuzz with exciting developments. In this article, we will explore the potential increase in Shiba Inu's price and the remarkable achievement of the Litecoin network transactions. Meanwhile, Everlodge is poised to revolutionize timeshare investments. Join the Everlodge presale and win a luxury holiday to the Maldives Shiba Inu (SHIB) Price Could Rise For more than a month, Shiba Inu (SHIB) investors were in uncertainty as the price of the altcoin hovered between $0.00000700 and $0.00000800. However, things got worse in August as the the price of Shiba Inu coin plunged as low as $0.00000692. The Shiba Inu price has been steadily dropping, as shown by the falling wedge pattern on the weekly chart. However, there seems to be light at the end of the tunnel. Crypto analyst, $SHIB Knight has predicted a potential rally for Shiba Inu. The market analyst points to the increasing accumulation of SHIB and a squeezing chart as bullish signals. According to the $SHIB Knight, the price of Shiba Inu could rally to an eight-month high if a rally breaks out. He pegs the price of SHIB as high as $0.00003000. Litecoin Network Processes 180 Million Transactions Since its third halving event in August, the Litecoin network has seen an increase in activity. Recently, the Litecoin team announced the network has processed over 180 million transactions. This puts Litecoin at the top of the crypto space. While the network recorded a total of 39 million transactions in 2023, it has already seen more than 51 million transactions in 2023. Thus setting a new record. However, the LTC price has been finding it tough to break past the $70 mark. The price of Litecoin dropped below $80 in August. Despite its current bearish trend keeping the Litecoin price below $64, analysts are bullish about LTC. With Bitcoin halving in 2024 and the potential of ETF approvals, the price of Litecoin has been projected to increase. According to analysts, LTC could reach highs of $100 to $150 next year. Everlodge Set To Transform Timeshare Investment According to statistics, the vacation rental business will grow to a value of $100 billion by 2028. However, only a few wealthy individuals have the capital to invest in real estate properties. Everlodge is launching to change this narrativ e. Everlodge is on a mission to make it easy for everyone to invest in the timeshares market. Everlodge will resolve this challenge by issuing fractional NFTs backed by hotels, vacation houses, and luxury villas. These properties will then be sold as fractional NFTs, starting from just $100. Additionally, it has a unique Lending feature that lets NFT property owners get more income. Here, you can use your NFTs as collateral to get loans or loan out the NFTs. Interestingly, major industry players have shown high interest in Everlodge. The project has drawn support from Uniswap, Vrbo, Airbnb, and Amazon Web Service. The Everlodge ecosystem is powered by the ELDG token, which is currently in presale with a price of $0.02. So far, Everlodge has sold over 20 million tokens in Stage 5 of its presale. Meanwhile, analysts predict that the value of Everlodge will increase by 4,000% by the end of 2023. Find out more about the Everlodge (ELDG) Presale: Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge PR Team Pr@everlodge.io

October 18, 2023 11:00 AM Eastern Daylight Time

PathAI Announces Launch of AIM-TumorCellularity (AIM-TC), an AI-Based Tumor Cellularity Assessment Product to Inform Advanced Molecular Testing

PathAI

PathAI, a global leader in AI-powered pathology, today announced the launch of AIM-TumorCellularity (AIM-TC), the latest algorithm product available for use by laboratories utilizing the AISight Image Management System (IMS). 1 AIM-TC enables automated assessment of tumor cellularity, or tumor fraction, which is utilized to determine if there is sufficient tumor tissue to support advanced next generation sequencing (NGS) testing. Insufficient tumor DNA is a common failure mode in comprehensive genomic profiling and results in the destruction of precious tissue without molecular biomarker information to inform care decisions. AIM-TC solves for this by running on a standard hematoxylin and eosin (H&E) whole slide image and can automatically determine the tumor area and percentage of tumor nuclei. “As a molecular pathologist myself, I know how important accurate tumor cellularity assessment is. Many laboratories struggle with high NGS failure rates due to insufficient tumor content in the sample, leading to wasted time and expense.” said Andy Beck M.D. Ph.D., Chief Executive Officer and Co-Founder of PathAI. “Because of this, it’s become standard practice for pathologists to manually assess tumor fraction. We now have the opportunity to automate this step with AI, allowing pathologists to focus on other tasks.” Tumor cellularity assessment can be time consuming and onerous, particularly when the tumor content is low. 2,3 For high volume laboratories, AIM-TC can reduce the amount of pathologist time spent on tumor cellularity assessments while also providing standardized, quantitative metrics to support more accurate determination of the required tissue inputs. “AIM-TC is a great example of how AI can augment the pathology laboratory and eliminate routine, stressful and time-consuming activities, allowing pathologists to focus on what they do best,” said Tobias Kull, PhD., bioinformatician in the Molecular Pathology Unit of University Hospital Zurich. “We expect that if implemented widely in our practice, AIM-TC can save hundreds of hours of pathologist time that can instead be used for case sign-off and patient care.” AIM-TC is currently available in Non-Small Cell Lung Cancer (NSCLC) and will be launched in 12 additional tumor types (including breast cancer, colorectal cancer, prostate cancer, gastric cancer, pancreatic cancer, ovarian cancer, melanoma, renal cell carcinoma, hepatocellular carcinoma, and urothelial carcinoma) in the coming months. To learn more about AISight, PathAI’s Image Management System, or AIM-TC, please visit our website, request a meeting with our team, or visit us at PathVisions in Orlando, Florida (Booth #206; October 29-31, 2023). 1 AIM Tumor Cellularity and AISight are Research Use Only. Not for use in diagnostic procedures. 2 Smits AJ, et al. The estimation of tumor cell percentage for molecular testing by pathologists is not accurate. Mod Pathol. 2014 Feb;27(2):168-74. 3 Viray H, et al. A prospective, multi-institutional diagnostic trial to determine pathologist accuracy in estimation of percentage of malignant cells. Arch Pathol Lab Med. 2013 Nov;137(11):1545-9. About PathAI PathAI is the only AI-focused technology company to provide comprehensive precision pathology solutions from wet lab services to algorithm deployment for clinical trials and laboratory use. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of pathology samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. PathAI, which is headquartered in Boston, MA, and operates a CAP/CLIA-certified laboratory in Memphis, TN, is proud to have a team of 600+ innovative thinkers from around the globe. For more information, please visit www.pathai.com. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

October 18, 2023 10:00 AM Eastern Daylight Time

Sienna Resources Gets License To Drill At Its Elko Lithium Project As Demand For Lithium Grows

Benzinga

By Meg Flippin, Benzinga Investors looking at metals beyond gold and silver may be looking at lithium. It's a key ingredient to produce electric vehicles, a market that seems set to take off. In 2020, demand for global lithium reached 292,000 metric tons, and by 2030, it is forecast to hit 2.5 million metric tons. That growing demand is good news for Sienna Resources Inc. (OTCMKTS: SNNAF), the mining company focused on exploring for and developing high-grade deposits in politically stable, environmentally responsible and ethical mining jurisdictions. It just received approval from the Bureau of Land Management to drill up to five initial locations in its Elko Lithium Project in Nevada, which it recently acquired. Elko County Project Holds Promise The project, in Elko County, Nevada, consists of about 1,200 contiguous acres directly bordering the Surge Battery Metals Inc. (OTCMKTS: NILIF) Nevada North Lithium Project. Surge’s summer drilling program returned multiple zones of high values ranging from 1,000 parts per million to 8,070 parts per million lithium – the highest grades for exploration for the Nevada North Lithium Project. While the same results for Sienna’s project can’t be guaranteed, it is promising for the company’s business – and potentially its shareholders. “We are very excited about this area, especially in light of the fantastic lithium results being drilled by our neighbor, Surge Battery Metals,” said Jason Gigliotti, President of Sienna. “This area is shaping up to be one of the most exciting lithium addresses in North America and we are very pleased to be right in the heart of it with a planned work program to commence as soon as possible.” Surge Battery Metals’ stock has traded from a year low of $0.045 to a recent high of $1.15 as of this writing, aided by the results of its summer drilling program. Nevada Rich In Lithium As it stands, Nevada has one of the highest lithium production potentials in the country. It's home to America's only current lithium production and one of the U.S.’s largest lithium deposits. Given its location, it's perfectly suited to supply demand in the U.S. and in Asia. It also helps that Nevada has mining-friendly regulations on the books and is in a stable political environment. Mining for lithium also has the backing of the U.S. government. The White House’s American Battery Materials Initiative is aimed at securing a reliable and sustainable supply of critical minerals used for power, electricity and EVs. Meanwhile, the Department of Energy is awarding $2.8 billion from the Bipartisan Infrastructure Bill to boost domestic manufacturing. EVs Getting Ready To Take Off The mining results and Sienna’s plan to commence drilling soon come as the market for electric vehicles is taking off. Tesla Inc. (NASDAQ: TSLA), the leading EV maker in the U.S., plans to produce 20 million EVs by 2030 and it's not the only vehicle manufacturer focused on EVs. Ford Motor Co. (NYSE: F), General Motors Co. (NYSE: GM) and Stellantis NV (NYSE: STLA), among others, plan to sell only electrified cars and trucks by 2035. Land Holdings Sienna is also among the largest landholders in Clayton Valley, Nevada. In June it completed its purchase of Silver Peak South Lithium Project (SPSLP) located in Clayton Valley, Nevada, building on its Blue Clay Lithium Project. This created one large continuous block of approximately 4,700 acres. Clayton Valley is home to the only lithium brine basin in production in North America and is just a few miles from Tesla's Gigafactory outside of Reno, Nevada. Major players in this basin include Schlumberger NV (now named SLB) (NYSE: SLB) and Albemarle Corp. (NYSE: ALB)) with Albemarle currently producing in the basin. “In the deepest part of this basin in Clayton Valley, which is the only basin that produces lithium right now, are Albemarle which is the largest lithium company on earth, Schlumberger (now SLB) which is the largest oil services company on earth and is moving into lithium, and then tiny Sienna Resources trading around $0.05,” said Gigliotti. With approximatley $2 million in cash on hand, Sienna seems to have plenty of money for the current exploration plans and intends to be active on several fronts for the rest of the year. Gigliotti also confirmed that the company’s ”management is extremely optimistic about the future and looks forward to what will happen with boots on the ground on these projects.” This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Sienna Resources has reviewed and paid for this information. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 18, 2023 09:15 AM Eastern Daylight Time

1 ... 127 128 129 130 131 ... 575