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

ARway.ai announces 10 new developer subscription deals from around the world

ARway

ARway.ai chief product officer Shadnam Khan joined Steve Darling from Proactive to share news about the company's recent developments. ARway.ai has just announced ten new developer SaaS subscription deals, with pricing starting at $249 per month, attracting interest from countries across the world. Khan informed Proactive that ARway.ai already boasts over 3,000 user accounts registered on its platform, signifying a substantial potential for future revenue growth. The company's platform has garnered attention and engagement from users in diverse locations, including the United States, Belgium, Italy, Switzerland, India, and Brazil. These newly signed contracts underscore the significant potential of ARway's technology to enhance user engagement, drive innovation, and open up new business opportunities. This series of partnerships is a significant milestone for ARway.ai, demonstrating the increasing demand for their advanced solutions across a variety of sectors on a global scale. The demand for ARway's technology not only showcases its ability to enhance user experiences but also highlights its potential to drive innovation and create new avenues for businesses worldwide. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

November 10, 2023 01:33 PM Eastern Standard Time

Video
Article thumbnail News Release

HackaTRON Season 5 Announces Qualifiers List

TRON DAO

Geneva, Switzerland / November 10, 2023 / - As the curtain falls on HackaTRON Season 5, the TRON DAO team, alongside HTX Ventures and BitTorrent Chain (BTTC), reflects on a spectacular showcase of innovation that has unfurled across the blockchain landscape. This season, an exceptional alliance between visionary entities has set the stage for a hackathon that transcended the conventional, catalyzing the creation of cutting-edge solutions across various tracks including: Web3, DeFi, Artistry, Builder, and A.I. HackaTRON Season 5 has attracted over 3,500 participants, enriching the blockchain ecosystem with innovative ideas. The contest featured a generous $500,000 prize pool, inspiring fierce competition and leading to the selection of winners by both judges and the community, as listed below. Note: All prizes are issued in USDD, not USD *Qualifying HackaTRON Season 5 participants are eligible to receive issuance of awards in USDD. Judge-Selected Winners The top contenders in each judge-evaluated category will be awarded as follows: the champion will receive $25,000; the runner-up, $15,000; the third-place finisher, $10,000; and those in fourth and fifth places will take home $8,000 and $6,000, respectively. Web3 Track: The Web3 category aims to honor teams that contribute to the transition of Web 2.0 to Web 3.0 by introducing useful DAO tools, SocialFi, blockchain/web infrastructure, SDKs and other Dapps. The winners of the Web3 track are as follows: 1. Bounce by The Bounce Team 2. Thoughts by Thinkers 3. JustMoney Invoice by JustMoney 4. BlockFabric by BlockFabric 5. ExploreX by Team Explorers DeFi Track: Centered on projects transforming finance through decentralization. Empowering individuals with transparent, accessible, and inclusive protocols for asset management. The winners of DeFi track are as follows: 1. DebitLLama by ZKP Solutions 2. Asset Fusion by Bundlers 3. NRG Wallet by NRG Team 4. Receive.Me by Receive.Me Team 5. Outre-Finance by Kachi Artistry Track: Recognizing creative prowess in visual projects that embrace GameFi, NFTs, assets, and ventures related to the Metaverse. The winners of the Artistry track are as follows: 1. LoopNFT by LoopNFT 2. Horse Racing Bet Game by Amazing 3. BCate by UMR_KRW 4. GamesFi by GamesFi_Devs 5. World Craft by World Craft'ers Builder Track: Acknowledging teams who have previously participated in TRON hackathon and have a working project that they would like to improve upon and update with new features. The winners of the Builder track are as follows: 1. Tronsave by Tronsave Team 2. Samhita DAO by HeritageSpeak 3. dCloud: Lite by cctechmx 4. ArtBeat by 4thFloor 5. TronHub Microsites by TronNinjas A.I. Track: Projects that have embraced the power of Artificial Intelligence to make a positive impact. These projects leveraged the capabilities of the TRON/BTTC blockchain to craft solutions that promote the usage of AI or contribute to an AI-centric future. The winners of the A.I. track are as follows: 1. TRON AI ScannerBot by StrandGeek 2. TRON Assistant by Builders 3. Pravahini by Team Pravahini 4. TronDevGPT by TronNinjas 5. ASCAI by Team ASCAI Community Forum Selected Winners For the winners chosen by the vibrant TRON community forum, the prize distribution is equally exciting: the first-place victor will secure $7,000; the second-place winner will be granted $6,000; the third-place will receive $5,000; and the fourth and fifth place winners will be rewarded with $4,000 and $3,000, respectively. Web3 Track: 1. JustMoney Invoice by JustMoney 2. BTT Social by Team BTT Social 3. BTTC Assets Tracker by BTTC Assets Tracker Team 4. ExploreX by Team Explorers 5. TraceCheck by Team TraceCrew DeFi Track: 1. Wish Me Luck by USTX 2. TronEnergize by TronEnergize 3. NRG Wallet by NRG Team 4. DebitLLama by ZKP Solutions 5. Outre-Finance by Kachi Artistry Track: 1. AsTRONauts by AsTRONauts 2. World Craft by World Craft'ers 3. LoopNFT by LoopNFT 4. Horse Racing Bet Game by Amazing 5. DreamVerser by DreamVerser Builder Track: 1. TronHub Microsites by TronNinjas 2. dCloud: Lite by cctechmx 3. Zombieland by Team Zombie 4. Link´n Red by Ennovasol 5. Samhita DAO by HeritageSpeak A.I. Track: 1. TronDevGPT by TronNinjas 2. ASCAI by Team ASCAI 3. Pravahini by Team Pravahini 4. TRON Assistant by Builders 5. MeloSynthia AI by Web3 Sailors Spotlight on Community Champions At the heart of Hackatron's success lies the commendable efforts of the 'Top 10 Community Contributors', a testament to the power of active participation. These individuals are acknowledged for their unwavering commitment, each meriting a reward of $500: Prince-Onscolo Nana66419 Youngyuppie HODL manfred_jr Gordian Nweke-nature1 fabsltsa Okorie constantinpricope201 Further Project Recognition The 'Determination Prize' celebrates the resolve of two outstanding projects, with $4,500 awarded to each team: Triton by TritonTeam TRONFusion by TRONFusion Team In parallel, the 'Engagement Prize' spotlights two projects that have resonated strongly within the community, each securing $3,000: Cloak by Team Cloak Galaxy Throne by Galaxy Throne Team Key Dates to Remember Upon being recognized in the top five of their respective tracks, the community selected qualifiers will have 100% of their prize amount distributed while judge selected qualifiers will initially have 30% of their prize amounts allocated. Upon their respective projects launching on the TRON mainnet the other 70% will be rewarded. The deadline to complete this requirement is November 30. As HackaTRON Season 5 wraps up, the excitement for Season 6 is already building. With the bar set high by this year’s participants, the next season promises more opportunities for innovation and community engagement in the blockchain world. For the latest updates on the HackaTRON competition and other initiatives within the TRON ecosystem, ensure you visit our website. 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 November 2023, it has over 195.15 million total user accounts on the blockchain, more than 6.69 billion total transactions, and over $19.76 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.hackathon@trondao.org Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

November 10, 2023 01:27 PM Eastern Standard Time

Image
Article thumbnail News Release

PathAI Announces Research Presentations at the American Association for the Study of Liver Diseases (AASLD) The Liver Meeting

PathAI

PathAI, a leading technology company which combines AI-powered pathology solutions and algorithm deployment expertise with end-to-end central pathology and histology services, today announced it will present research on advances in AI-based approaches through four poster presentations at the American Association for the Study of Liver Diseases Conference on November 10-14 in Boston, Massachusetts. The posters showcase PathAI’s ongoing commitment to cutting-edge research that advances the understanding and treatment of NASH/MASH using AI-powered digital pathology. Machine learning-assisted fibrosis staging in H&E-stained tissue is comparable to staging with Masson’s Trichrome in non-alcoholic steatohepatitis (poster 2070-A) In this research, PathAI demonstrated the utility of its novel, proprietary AI-powered digital pathology product called NASH Explor e TM to detect collagen and fibrosis signals from H&E-stained whole slide images, and enable liver pathologists to accurately stage fibrosis from these H&E images. Furthermore, the co-authors demonstrated that leveraging the AI-derived fibrosis heatmap overlays over H&E whole slide images for fibrosis staging reduced inter-pathologist staging variability relative to staging performed via Masson’s Trichrome. These results motivate further investigation into the potential to reduce the need for Masson’s Trichrome staining in NASH/MASH clinical trial workflows. This work will be presented on Saturday, November 11 from 1:00-2:00 p.m. E.T. AI-based cellular-level characterization of tissue microarchitecture in non-alcoholic steatohepatitis (poster 2006-A) NASH Explore TM is an AI-powered digital pathology tool that enables automated detection, visualization, and zonated quantification of 14 categories of tissue regions and over 10 cell types, producing a panel of >1000 quantitative Human-Interpretable histologic Features (HIFs) from H&E whole slide images of liver biopsy tissue. In this collaborative research project, the co-authors demonstrate the biological validity of the quantitative histologic features generated by NASH Explore TM. This work will be presented on Saturday, November 11 from 1:00-2:00 p.m. E.T. Artificial intelligence-based measurement of non-alcoholic steatohepatitis (AIM-NASH) improves individual pathologists accuracy and decreases inter-pathologist variability in NASH assessment (poster 2010-A) In this study, Artificial Intelligence-based Measurement of Non-Alcoholic Steatohepatitis (AIM-NASH) algorithm was evaluated for accuracy alone and for use as an assistive tool to pathologists in assessment of liver biopsies in a NASH clinical trial population. This research demonstrates that AIM-NASH may help to standardize histologic scoring for NASH by increasing accuracy for lobular inflammation and ballooning, the features most difficult to score in clinical trial populations. Use of AI-assist AIM-NASH also increased agreement between pathologists for all features. This work will be presented on Saturday, November 11 from 8:00-9:00 a.m. E.T. Artificial intelligence-based measurement of NASH Histology (AIM-NASH) recapitulates primary results from Phase 3 study of resmetirom for treatment of NASH/MASH (Abstract #48735) AIM-NASH TM is an AI-powered digital pathology tool that accurately and reproducibly performs NASH CRN scoring of steatosis, ballooning, lobular inflammation, and fibrosis from whole slide images of H&E- and Masson’s Trichrome-stained liver biopsy tissue. In this collaborative research project, the co-authors demonstrate that all primary histologic endpoints that were met by the central pathologists in a Phase 3 study of resmetirom for treatment of NASH/MASH were also met with statistical significance by AIM-NASH, with clear detection of a dose-response. This adds to the existing body of evidence suggesting that AIM-NASH TM detects true drug effect, while also offering highly repeatable and reproducible histologic scoring. This work will be presented on Monday, November 13 from 1:00-2:00 p.m. E.T. Please visit the PathAI booth, D3100, to learn more and meet the team. About PathAI PathAI is a recognized leader in the biopharma partnering space, uniquely combining AI-powered pathology solutions with end-to-end central pathology and histology services. The company supports biopharma partners in executing clinical trials where pathology-based endpoints, biomarker classification, and/or superior histology quality are critical to successfully gauging therapeutic efficacy, accelerating drug development for complex diseases. PathAI has already supported multiple Phase 2 clinical trials in NASH, IBD, and breast cancer, as well as oncology neoadjuvant trials, and is now expanding into larger scale global Phase 3 studies, as well as additional indications. PathAI provides a fully integrated approach to clinical trials, enabling pharma partners to leverage the power of AI without the heavy lift of implementation. This helps reduce the impact of challenges associated with clinical trials, including unreliable turnaround times, variable histology, stain or scan/digitization quality, and challenging assessment of histological endpoints. The lab offers all major immunohistochemistry staining platforms, with flexible workflows across different scanners, stains, and biopsy types, which improves the quality of clinical trials. Services include access to PathAI’s extensive network of over 500 US Board Certified pathologists to perform high quality reading with rapid turnaround time in a cost-effective manner, plus seamless integration of PathAI's advanced AI-solutions to ensure high-quality, reproducible results with every scan. PathAI is headquartered in Boston, MA, and manages a CAP/CLIA-certified diagnostics clinical laboratory (formerly known as Poplar Healthcare) – one of the country’s largest anatomic pathology labs – in Memphis, TN. For more information, please visit www.pathai.com Contact Details SVM Public Relations and Marketing Communications +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

November 10, 2023 10:00 AM Eastern Standard Time

Article thumbnail News Release

Safely Integrate AI Technology And Improve Efficiency While Mitigating Risk

Benzinga

By Faith Ashmore, Benzinga What Is Generative AI? Artificial Intelligence (AI) technology is growing and becoming more prevalent in the business world. The market size and growth of AI are already substantial and projected to continue expanding in the coming years. By 2027, the AI market is expected to reach $407 billion, experiencing significant growth from its estimated current value. One of the reasons for this growth is due to companies turning to AI as a solution for efficiency or to gain a competitive edge in the marketplace. Generative AI involves a subset of AI including machines creating original content, such as images, text, music or even videos. It operates by using complex algorithms to analyze and understand patterns in vast amounts of existing data. Companies across various industries are increasingly embracing generative AI to provide novel solutions and enhance their business processes. For example, in marketing and advertising, generative AI can produce personalized content and recommendations to target specific customer segments. Generative AI can also be used in the entertainment industry to create realistic CGI in movies and games, and can assist in drug recovery and medical image analysis in the healthcare industry. Overall, companies see generative AI as a powerful tool to automate tasks, foster creativity and innovation, and improve overall efficiency and effectiveness in various domains. Not Without Risk: AI Integration With this increased dependence on AI comes the need for companies to be more mindful about how they approach the use of the technology. Most companies do not have the resources to build their proprietary AI technology from the ground up and therefore have to rely on third-party providers. This can create inherent risks related to intellectual property rights, data security, privacy issues, ethics and confidentiality. Here’s a few tips on how companies can protect themselves while mitigating risk in the new world of AI. 1. Check for compliance with data privacy policies Companies must carefully consider the user agreements that they have with any AI tools and how it impacts their data privacy policies. This is especially true for companies that have sensitive information and are legally bound by confidentiality laws. AI breaches are a significant concern in the adoption of AI technology, highlighting the need for caution and protection when integrating AI systems. One example of an AI breach was an incident in March 2023 involving a breach of AI security. A glitch in the source code of OpenAI's ChatGPT AI resulted in unauthorized access to sensitive data. This breach allowed malicious actors to enter the Redis memory database, which is used by OpenAI to store user information, and to view the chat history of users. The breach impacted several active ChatGPT Plus subscribers from March 2023. Their payment details, such as their name, email address, payment address, credit card type, and the last four digits of their credit card number, were compromised. Additionally, it is believed that the account credentials of over 100,000 OpenAI ChatGPT users were also compromised and subsequently sold on the dark web marketplaces between June 2022 and May 2023. OpenAI acknowledged the potential issue where the first message of a newly created conversation could be visible in another user's chat history if both users were active at roughly the same time. As a result, OpenAI had to inform the affected users that their payment information may have been exposed. The breach raised concerns because ChatGPT permits users to store conversations, potentially granting unauthorized access to proprietary information, internal business strategies, personal communications, software code, and other sensitive data. The breach also raised concerns about the potential misuse of AI technology and highlighted the importance of ensuring safeguards are in place to prevent unauthorized access and manipulation of AI systems. 2. Build an airtight risk management process “As more companies embrace the use of AI, it is essential that they have a governance and managed risk management process in place” urges Deborah Nitka, Senior Manager focused on AI consulting at CohnReznick. Risk management frameworks should be leveraged by organizations to identify their risk appetites ahead of introducing AI into their environment. Similarly risk assessment for cybersecurity and privacy should also be undertaken to understand the ongoing potential risk impacts. 3. Regular audits for data bias Furthermore, the AI models used by companies should be regularly audited to minimize the risk of data bias and to guarantee that confidentiality, privacy, and intellectual property concerns are appropriately addressed. While AI can provide several benefits, it is important that companies exercise due diligence and take a risk-based approach to the adoption and integration of AI systems. The primary risks associated with AI adoption include intellectual property issues, confidentiality breaches, as well as privacy concerns. Addressing these issues will help organizations maximize the benefits of AI while minimizing the risks and better ensuring that the technology is used appropriately to deliver positive outcomes. Otherwise, AI technology is not only potentially dangerous but unsustainable for growth. CohnReznick is a leading advisory, assurance and tax firm that helps organizations achieve their goals by optimizing performance, maximizing value and managing risk. It offers a comprehensive range of consulting services encompassing various areas, and over the past few years it has begun consulting on AI integration. For more information, please contact Deborah Nitka or Adonye Chamberlin, leaders in consulting on AI integration at CohnReznick LLP. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 10, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

How Diamond Lake Minerals Is Spearheading Digital Asset Accessibility For Traditional Investors

Benzinga

By Austin DeNoce, Benzinga In the era of digital finance, the integration of traditional investments with more dynamic technology is a growing necessity. Diamond Lake Minerals Inc. (OTCMKTS: DLMI) seems to embody this fusion, leveraging decades of traditional business acumen to pave the way for investors into the digital asset and security token market. With a vision that has evolved since its founding in 1954, Diamond Lake Minerals now focuses on the development and support of SEC-registered security tokens under the guidance of CEO Brian J. Esposito and his 20 years of industry experience. In addition, big-name advisors like Anthony Scaramucci, Larry Namer, Andrew Fromm, Brandon Fugal, Michael Malik Sr., Raul Leal, Agnes Budzyn and David Meltzer have joined the company, bringing years of expertise and success. Through blockchain innovations unlocking asset tokenization, Diamond Lake Minerals is shaping the landscape of investment for generations accustomed to the tangibility of assets – but with a modern twist that embraces new technologies. Diamond Lake Minerals: Bridging The Old With The New Diamond Lake Minerals has entered a fascinating transition from mineral exploration to spearheading innovation in digital assets and security tokens. Adhering to SEC regulations and employing state-of-the-art technology, the company aligns traditional investment values with the demands of the digital economy. Leveraging PR Strategy For Web3 Engagement With the help of Espositio Intellectual Enterprises, Diamond Lake Minerals is pursuing a public relations strategy to promote digital assets and educate the public about them, aiming to make these investments more approachable to the general public. The company’s approach is to combine trusted investment traditions with new digital opportunities, thus simplifying entry into the digital asset market for everyday investors. This strategy hopes to build a community around these modern investment options, making them more accessible to a wider range of investors. Tokenization As The Market's New Frontier As articulated by Larry Fink of BlackRock, Inc. (NYSE: BLK), tokenization has the potential to be a transformative force in financial markets. By enabling digital assets to be traded via protocols, tokenization promises immediate settlement and lower transaction costs. The potential of a financial ecosystem built on tokens also offers a future of enhanced interoperability, transparent access and reduced reliance on traditional intermediaries. Blockchain's Role In Democratizing Finance Diamond Lake Minerals is essentially streamlining the entry into digital assets by leveraging the familiarity of stock investments. Recognizing that downloading digital wallets and understanding NFTs can be daunting, they aim to lower these barriers, making it simpler for people to invest in digital assets through partners like INX Digital Co. (OTCM: INXDF). This approach not only broadens accessibility but also paves the way for more widespread investment in blockchain technology, which promises enhanced transparency and efficiency. By aligning with regulatory standards and offering round-the-clock trading, such blockchain applications are setting new benchmarks in the financial industry, inviting a diverse investor base to partake in the future of digital finance. A Conglomerate Approach To Digital Assets Diamond Lake Minerals embraces a conglomerate approach, managing a diverse portfolio under a unified holding company structure intended for lifetime holding similar to Berkshire Hathaway, Inc. (NYSE: BERK). This strategy, discussed in detail on the Bell2Bell Podcast, reflects an intent to deliver consistent earnings and shareholder value. By blending traditional business wisdom with digital asset innovation, Diamond Lake Minerals presents a regulated opportunity for investment in digital spaces. Traditional Meets Digital Diamond Lake Minerals stands as an intriguing avenue for those seeking to invest in digital assets through a platform that respects the essence of traditional investment principles. The popularity of tokenized assets is still to be fully determined, but the company’s initiatives are paving the way for investors to evolve with the digital economy, reinforcing the potential for sustainable growth and value generation in the digital age. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 10, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

Short The Criminals: Knightscope’s Momentum And Double Digit Growth Could Mean A Safer World

Benzinga

By Faith Ashmore, Benzinga Click here to learn more about the Knightscope Public Safety Infrastructure Bond. While the world overall has become more peaceful in the past century, the aftermath of the pandemic has seen an increase in violence in certain areas of the country and internationally. For example, California has seen increases in violent crime in the years since the pandemic hit. The state’s violent crime rate is up by 13.5% compared to the pre-COVID rate of 2019. With poverty rates on the rise, crimes – specifically misdemeanors – might continue to rise in coming years; poverty and non-violent crimes have often been linked due to there being fewer legal means to live a decent standard of living for those under the poverty line. At the same time, police violence and racial police discrimination are also on the rise. A recent study showed that U.S. law enforcement killed at least 1,176 people in 2022, making it the deadliest year on record for police violence since 2013 when experts first started tracking the killings nationwide. Additionally, 1 in 5 Black adults, including 3 in 10 Black men, say they have been a victim of police violence. The combination of increased crime rate, as well as the lack of public trust in police to act justly and within reason, can create tension and potentially dangerous environments. An innovative public safety technology company is deploying an interesting alternative to typical policing that can help reduce both crime rate and policing human error. AI and robotics are part of the solution to create safer public spaces while decreasing human error that can come from human police officers. Knightscope (NASDAQ: KSCP) is a technology company ushering in the dawn of Autonomous Security Robots (ASRs) and working hard to protect U.S. citizens from crime across the country. The company has over a decade of experience and has shown its solutions to be effective. For example, when one of its units was deployed in Huntington Park, Los Angeles County, there were 46% fewer crime reports overall – and they have recently renewed the contract for the 5th year in a row. Knightscope’s success has garnered national attention, and the company has won corporate contracts with major corporations such as PENN Entertainment (NASDAQ: PENN), PG&E (NYSE: PCG), ABM (NYSE: ABM) and Lowe's (NYSE: LOW). Knightscope continues to make waves in the industry with recent accomplishments and contracts. They have recently announced two new contracts, selling a total of ten new machines. These contracts include a hospital in Colorado and an online retailer in Georgia, both of which have recognized the value of incorporating Knightscope technologies into their security programs. One of Knightscope's newest products, the K1 Hemisphere, is specifically designed for securing areas where the use of autonomous security robots is not necessary. An online retailer that operates multiple warehouses across the United States has signed an agreement for two Hemispheres to enhance employee safety and deter theft and criminal trespassing at their Georgia facility. These machines will also monitor the property's driveway. The retailer has also included the Knightscope+ remote monitoring service to ensure prompt investigation and handling of all alerts, relieving the hospital personnel of this responsibility. The retailer reported being so pleased with the deployment at their Georgia location that they have already requested proposals for additional Hemispheres at their New York and Nevada facilities. Additionally, a California community college has invested over $1.5 billion in updating its facilities, including its safety and security measures. Knightscope was chosen as the preferred vendor to replace the college's outdated emergency phone system with K1 Blue Light Towers. With the latest order, the college has installed a total of 26 Towers and is adding 6 more to enhance its operations. Knightscope has also made significant strides in the hospitality and education industries this month. They have secured contracts with hotels in Portland, Oregon, where their K5 Autonomous Security Robots will patrol the parking areas to ensure the safety of guests, employees, and visitors. The company has also partnered with a pre-K school and another hotel. Most notable, however, Knightscope recently announced a collaboration with the NYPD and MTA in New York City, as their robots will operate in the subway system during late-night hours. Known for their effectiveness and approachability, the K5 robots strike a balance between engagement and respect for privacy. The company is currently offering a unique investment opportunity for interested parties to buy bonds. Knightscope is offering 10% interest, paid in cash annually, on up to a 5-year bond. For example, a $10,000 investment could yield $1,000 of interest in cash payments annually for 5 years. Knightscope's recent achievements demonstrate their commitment to revolutionizing the security industry and promoting greater safety for various sectors. The robotics market was valued at $31.38 billion in 2021 and is expected to reach $110.39 billion by 2030 with a CAGR of 15% from 2022-2030. Knightscope seems well-positioned to capitalize on this growth and be a potential leader in the U.S. market. Click here to learn more about the Rise of the Robots. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AVAILABLE HERE. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 10, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

Fintech startup EduFi secures $6.1m led by Zayn VC to launch student loans with Study Now Pay Later

EduFi

Education is a lever of economic growth and social development in any country but poor quality state school provision often drives many families to fee-paying schools. Helping these families manage the financial challenges of school fees, EduFi is today announcing a $6.1m funding round for its Study Now, Pay Later lending platform. It has launched in Pakistan, a country where 40% of students are attending a fee-paying school and spending over $14 billion for their education every year. The pre-seed funding round was led by Zayn VC with participation from Palm Drive Capital, Deem Ventures Ltd, Q Business, Abhi, Adalfi, Techlogix and other angel investors. EduFi is a fintech platform and mobile app that enables students to secure loans for their school fees. EduFi works with liquidity providers and schools to drive successful student loans. The platform is underpinned by a proprietary education sector focused credit scoring model using advanced machine learning algorithms and artificial intelligence. Aleena Nadeem, Founder & CEO of EduFi commented: “We conceived and built this product to serve markets that have low credit penetration. Pakistan presented an ideal opportunity to launch because the need is the greatest and we had a first-mover advantage. Firstly, banks don’t offer student loans, instead users take personal loans which are riddled with a high cost of origination owing to physical verification of identity, personal assets and financial health. The absence of credit scoring has restricted credit access to a thin, top tier of customers. We want to expand the credit and student loan opportunity to a much wider audience of students across the country. Secondly, we feel student loans can be a bridge to the country’s two biggest problems - high levels of poverty and low literacy rates - and catalyze economic growth”. The EduFi team has created a full tech stack that provides visibility to liquidity providers on their capital performance and enables schools to capture student performance metrics such as attendance, overdue fees, drop out rates and academic performance of the students. In addition, the EduFi App UX offers an unparalleled pathway for users to quickly and easily access student loans. Combined, this end-to-end tech stack powers the EduFi credit scoring system to disperse student loans within 48 hours of application. The loan journey offers a faster and simpler application process, fast loan disbursement, flexible repayment options and provides more convenience and accessibility than the traditional lenders. EduFi has ended the weeks of manual work to a few minutes in offering and making a student loan. Headquartered in Singapore, EduFi was founded in 2021 by Aleena Nadeem. Having benefited from an MIT education and a successful finance career, her conviction that education opens pathways was the genesis for EduFi. The wider team has over several decades combined experience across banking, education and technology. The EduFi model is based on research and analysis the team conducted on the cultural, social, and economic factors that shape the decisions and behaviors of parents regarding education and finance. Based on these insights, EduFi is designed to be intuitive, transparent, and secure for the users. EduFi’s vision is to be more than a platform but a lifeline and community for aspiring students to unlock their true potential. Through its partnerships with 15 colleges across Pakistan, EduFi is now available to over 200,000 students to pay their school fees. Aleena Nadeem, CEO and founder of EduFi commented: “Education offers hope and can change the lives of people. I am one example of millions out there. EduFi offers this hope and will be a trigger for change in the lives of people as we lift one of the biggest burdens on aspiring families. For example, students in dental or medical schools have to pay upwards of $8,000 upfront which is not sustainable for many in Pakistan. Every student we’ve helped is testament to the ambition, opportunity and empowerment we are striving for at EduFi.” According to a recent Unesco report, families in Pakistan spend 57% of their income on children's education, a sum total of $14 billion annually. Pakistan ranks second across South Asia and Southeast Asia in terms of expenditure on education. This presents a significant opportunity for EduFi to support students on their academic journey. Faisal Aftab, General Partner & Founder at Zayn VC commented: “We are thrilled to support Aleena's vision for EduFi, which aims to provide financing options for families to fund their children's higher education. This is a significant step towards achieving financial inclusion for middle and low-income families. In Pakistan, families spend more than 50% of their income on their children's education, which has become increasingly challenging due to inflationary pressures. EduFi's innovative approach will help alleviate this burden and empower families to invest in their children's future.” About EduFi Headquartered in Singapore, EduFi was founded in 2021 by Aleena Nadeem. It is Pakistan's first student loan platform, helping students finance and plan for their education. The innovative platform streamlines the borrowing process, making it easy for students to apply for loans and access funds quickly. For more information please visit: https://www.edufi.tech/ About Zayn VC Zayn Venture Capital (Zayn.VC) is a prominent Venture Capital Fund, spearheaded by Faisal Aftab, that is dedicated to supporting and financing innovative Pakistani start-ups that are leveraging technology to revolutionize various industries. Zayn VC primarily focuses on early-stage tech companies and, although they are sector-agnostic, they meticulously analyze each company through a FinTech lens. For further details, please visit www.zayn.vc. Contact Details EduFi Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.edufi.tech/

November 10, 2023 07:00 AM Eastern Standard Time

Image
Article thumbnail Digital Asset Direct

Holiday Kick-off!

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 10, 2023 07:00 AM Eastern Standard Time

Video
Article thumbnail News Release

Minelab Revolutionizes Cryptocurrency Mining with AI-Backed Innovation

King Newswire

( King NewsWire ) - MinLabz, an AI-backed mining platform, has set a new standard in cryptocurrency mining, providing a robust and dependable infrastructure for enthusiasts looking to maximize their earnings while focusing on user-friendliness and profitability. Recent advancements by MineLabz have empowered users to access their mined Bitcoins and receive instant payouts directly to the BTC wallet of their choice. This seamless process is quick, hassle-free, and comes without any limitations, allowing users to effortlessly purchase new hash power directly within their account dashboard in a matter of seconds. MineLabz has offered an affordable way to earn BTC, with daily mining income starting at $10. Whether the user is a seasoned miner or a newcomer to the crypto world, MineLabz makes it easy for them to get started. The system provides confidentiality and robust data security, providing peace of mind to traders managing substantial sums. The company’s mining software intelligently switches between different currencies to maximize profits, bolstering that users consistently earn the maximum possible investment returns. The minimum investment required for AI trading is only 0.05 BTC, and users can start generating a remarkable 55% return on their initial investment in 14 days. MineLabz has set a new standard in cryptocurrency mining by combining technology, user-friendliness, and profitability optimization. The company has empowered miners to achieve their financial goals while fostering a supportive community and prioritizing environmental responsibility. Minelabz offers responsive and helpful customer support. Their dedicated team is ready to assist users in resolving any issues, ensuring an overall excellent experience and satisfaction. For more information about Minelabz and its services, please visit their website.It is available on pancakeswap and bitmart to buy. About MineLabz Minelabz is an AI-backed mining company, offering a cryptocurrency mining experience and a robust infrastructure. This includes state-of-the-art mining hardware and data centers which can lead to more efficient mining. Website: https://minelab.bz/ Telegram: https://t.me/minelabbz Marketing partner: crmoonboy(crmoon) Contact Details MineLabz Alfie hello@minelab.bz Company Website https://minelab.bz/

November 10, 2023 05:13 AM Eastern Standard Time

1 ... 101102103104105 ... 573