All Industries

Classiq Transforms Quantum Computing with Qmod, The First High-Level Language for Quantum Programming

Classiq Technologies

Classiq today announced the general availability of Qmod (Quantum Modeling Language), the first high-level language (HLL) for quantum coding. Following successful pilot projects with enterprise partners, Qmod is now accessible to developers, researchers and enterprises worldwide and will transform quantum computing with its efficient, approachable method of programming. Qmod facilitates advanced quantum modeling and enables developers to describe quantum algorithms at a high level of abstraction. It supports unique quantum-computing concepts alongside conventional constructs found in high-level classical programming languages. This innovative approach allows developers to focus on the functional intent of their algorithms while Classiq’s powerful compiler and synthesis engine handle the intricate hardware-aware quantum implementation details. “To deliver a business or scientific value, quantum computing must be useful and accessible to scientists and engineers seeking to use quantum computing to solve real-world problems, which today it is not,” said Heather West, PhD, Research Manager, Quantum Computing at IDC. “Today, programming a quantum computer happens at the hardware level, making the technology only accessible to quantum physicists and other quantum specialists. As we begin to talk about quantum utility and near-term applications, abstraction-level application programming will become a necessity for wide-spread quantum adoption and usage.” Why The Qmod Language Is Different Declarative programming: Qmod’s declarative nature lets users define what their algorithm should achieve rather than how to achieve it; Classiq’s synthesis engine compiler optimizes for hardware and other constraints automatically. Flexibility and interoperability: Whether through native syntax, Python or graphical representation, Qmod descriptions are easily translatable and compatible across different formats and hardware. Industry-ready: Qmod is a tool for researchers and industry applications, providing robust scalable solutions for enterprise-grade quantum software development in an era of steadily growing qubit counts and the resulting coding complexity. “As we go further in building a complete quantum software stack, our groundbreaking Qmod language enables quantum experts to produce sophisticated programs while also allowing developers without a quantum background to innovate and solve complex problems across a variety of industry domains,” said Nir Minerbi, CEO and co-founder of Classiq. “By abstracting the complexities of quantum programming, Qmod delivers the ability to create and deploy dynamic quantum applications effortlessly. In some cases, it’ll use perhaps five lines of code instead of the traditional 100 lines of code. Like Java for the worldwide web or BASIC for PCs, Qmod is intended to open the gates to advanced quantum implementation.” Classiq’s platform ensures that quantum algorithms designed with Qmod can be seamlessly compiled for a broad range of hardware and simulation environments, as well as supporting seamless HPC integration. The platform's synthesis engine dynamically adapts implementations to different hardware configurations, allowing for rapid benchmarking and ensuring optimal implementations that make the very most of the available hardware. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC, and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and https://www.classiq.io to learn more. Contact Details Rainier Communications Michelle Allard McMahon classiqPR@rainierco.com Company Website http://www.classiq.io/

July 23, 2024 08:00 AM Eastern Daylight Time

Image

Classiq and QuEra Announce Integration of Neutral-Atom Quantum Computers into Classiq Platform

Classiq Technologies

Classiq, the leader in quantum software development, and QuEra Computing, the leader in neutral-atom quantum computing, today announced a strategic collaboration to integrate QuEra’s cutting-edge neutral-atom quantum computers into the Classiq platform. This integration will enable customers to optimize a wide variety of quantum and hybrid quantum/classical algorithms for QuEra’s quantum computers, leveraging the unique capabilities of QuEra’s advanced quantum technology. With this collaboration, Classiq users will be able to exploit the distinctive features of QuEra’s neutral-atom quantum computers, such as the ability to simultaneously operate on multiple qubits and advanced qubit shuttling. Additionally, the integration provides access to Classiq’s extensive pre-written algorithmic blocks and allows customers to estimate the resources needed to run their algorithms. These capabilities enable the creation of highly resource-efficient algorithms with a large number of qubits and, in the future, for logical qubits as well. “Our partnership with QuEra represents a significant step forward in the quantum computing landscape,” said Nir Minerbi, CEO of Classiq. “By integrating QuEra’s neutral-atom technology into our platform, we are providing our users with unprecedented opportunities to enhance and optimize their quantum algorithms. This collaboration underscores our commitment to delivering the most versatile and powerful quantum computing solutions available.” “We are thrilled to collaborate with Classiq and bring the power of our neutral-atom quantum computers to a broader audience,” said Yuval Boger, Chief Commercial Officer of QuEra. “Classiq’s platform is renowned for its ease of use and flexibility, and by integrating our technology, we can help users unlock new potential and achieve groundbreaking results in their quantum computing projects.” The integration of QuEra’s quantum computers into the Classiq platform is expected to accelerate the development and deployment of quantum applications across various fields, including pharmaceuticals, finance, logistics and more. Customers who have purchased on-premises computers will be able to use the Classiq platform for the rapid development of quantum algorithms. This partnership highlights the ongoing commitment of both companies to drive innovation and make quantum computing more accessible and impactful. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC, and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and https://www.classiq.io to learn more. About QuEra QuEra Computing is the leader in commercializing quantum computers using neutral atoms—widely recognized as a highly promising quantum modality. Based in Boston and built on pioneering research from nearby Harvard University and MIT, QuEra operates the world’s largest publicly accessible quantum computer, available over a major public cloud and for on-premises delivery. QuEra is developing large-scale, fault-tolerant quantum computers to tackle classically intractable problems, becoming the partner of choice in the quantum field. Simply put, QuEra is the best way to quantum. For more information, visit us at quera.com and follow us on X or LinkedIn. Contact Details Rainier Communications on behalf of Classiq Michelle Allard McMahon classiqPR@rainierco.com Merrill Freund on behalf of QuEra +1 415-577-8637 press@quera.com Company Website http://www.classiq.io/

July 23, 2024 08:00 AM Eastern Daylight Time

Vymo Receives Prestigious Advanced Functionality Ranking from Celent for Distribution Management

Vymo, Inc.

Vymo, a leading multi-channel distribution management platform powered by AI for the global insurance industry, announced today that Celent, a renowned research and consulting firm focused on financial services technology, recognized Vymo in its new report, Insurance Distribution Management Solutions: North America Edition. Celent notes that use of distribution management systems is increasing and growing more sophisticated, as market changes such as insurance agency consolidation, the proliferation of channels, and the growing demand for data, take hold. The report profiles 14 distribution management solutions including Vymo, outlining their functionality, customer base, technology, implementation, and support as a “first step toward creating a shortlist of vendors for evaluation” for insurance companies. “We are pleased to announce that Vymo Distribution Management has earned Celent’s prestigious Advanced Functionality ranking in the category of Compliance in the 2024 Distribution Management SolutionScape,” said Karlyn Carnahan, head of Celent’s North American insurance practice. “Vymo's compliance solution, powered by AI and Gen AI, not only enhances productivity but also fosters innovation. This recognition underscores Vymo's unwavering dedication to delivering exceptional technology solutions for the insurance industry.” Eric Bustos, General Manager of Vymo’s U.S. operations, noted: “Our suite of modular applications ensures effective and adaptable solutions to enhance the producer experience at pivotal stages in the producer lifecycle. From agent recruiting and onboarding to activity tracking, training, and sales enablement through intelligent lead management, our technology enhances agent performance. Today, Vymo is honored to be recognized by Celent for our excellence in the producer compliance sector. This recognition marks a significant milestone in our mission to expand our North American presence and provide cutting-edge technology and services to insurance companies and agencies across the region.” About Vymo® Vymo is a global provider of a smart distribution management platform powered by AI to deliver data-driven insights and transform the way your business operates. Meticulously crafted for insurers, MGAs, FMOs, IMOs, and insurance distributors who have outgrown legacy sales and account management tools and require greater automation for producer administration and sales processes. Vymo's platform features a suite of modular applications – including OnboardIQ and EngageIQ, and is engineered to deliver a superior producer experience through critical steps in the sales process; such as onboarding, compliance, activity tracking, and sales enablement. Vymo has raised over $45M in funding from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is also a winner of CB Insights' and Microsoft's 'AI for All' awards. Additional Resources: Vymo Distribution Management Platform Vymo OnboardIQ Vymo EngageIQ for Leaders Vymo EngageIQ for Sellers U.S. Media Contact: Meir Kahtan MKPR mkahtan@rcn.com +1 917-864-0800 Vymo, Inc. Michael Palmisano Vice President, Marketing 440 N Wolfe Rd. Sunnyvale, CA 94085 Web: https://getvymo.com/ Blog: https://getvymo.com/blog All other registered trademarks, trademarks, or service marks belong to their respective companies. Contact Details MKPR for Vymo Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://getvymo.com/

July 23, 2024 08:00 AM Eastern Daylight Time

Benchmark International Successfully Facilitated the Transaction Between Worldwide Technologies, LLC and Quad Capital Partners

Benchmark International

The seller, Worldwide Technologies, LLC (WWT), was founded in 2006 by Mike Jones and Kenny Whitworth out of a small facility in Franklin, KY. Under Mike and Kenny’s leadership, WWT expanded operations through continued investment in people, cutting-edge new technologies, and an unwavering commitment to customer satisfaction. WWT is a leading, full-service precision machining manufacturing and fabrication organization with facilities in Franklin and Glasgow, KY. WWT (www.worldwide-technologies.com) has over 100 computer numerical control (CNC) machines, including one-touch robotic, capable of precision machining parts from the beginning to the end of the manufacturing process. The WWT capabilities and operations are supported by advanced automation and a dedicated in-house team of engineers. WWT employs more than 150 people across its two facilities. The Buyer, Quad Capital Partners, is a privately held investment firm focused on small to mid-size manufacturing companies with a proven track record of financial performance, strong management, and growth potential to enhance their portfolio. Jason Welch, Co-Founder and Principal at QCP said, “The talented people of Worldwide Technologies are truly a remarkable team. On behalf of the entire QCP family, we are thrilled to continue Mike and Kenny’s mission, building upon the foundation constructed during the past two decades. We sincerely thank the Jones and Wentworth families for their strong commitment to Worldwide Technologies’ employees, customers, and the local community. Together, we welcome the opportunity to enhance those trusted relationships moving forward.” “We could not be more excited to see two great organizations come together to provide their customers and employees more opportunities. We wish everyone the best in their future endeavors.” – Matthew Kekelis, Senior Director, Benchmark International Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 23, 2024 06:00 AM Eastern Daylight Time

Image

Raja Randhir Singh sole candidate for OCA Presidency

Plato AI

Kuwait, July 23, 2024: The Olympic Council of Asia (OCA) Election Committee can confirm that OCA Acting President Randhir Singh is the sole eligible candidate to be nominated for election at the OCA General Assembly on 8 September 2024. The Election Committee, chaired by Justice Rohinton Nariman, met today to review the CVs and eligibility requirements as per OCA Constitution, the Election Rules and Guidelines, of all nominated candidates submitted by Member NOCs of OCA by 21 July 2024 deadline. The Committee unanimously approved the nomination of Mr Singh who was nominated by the NOC of India and supported by 27 Member NOCs of OCA. The Mongolian Olympic Committee President Mr. Battushig Batbold who was nominated by the NOC of Mongolia was deemed ineligible by the Committee as he does not fulfil the eligibility requirements set out in the OCA Constitution Articles 22.1.2.1, 22.1.2.2 and 22.1.2.3 that the OCA President must either have served as President of his NOC for at least eight years or served as an OCA EB member for at least eight years and must be supported by 2 NOCs. Subsequently after the meeting the Committee was informed by an email from the Secretary General NOC of Mongolia, that Mr. Batbold has withdrawn his candidate from the President position. The Committee also evaluated all nominations received for the five OCA Zonal Vice Presidents and the five OCA Executive Board members who must each be from a different Zone and be of a different gender to their Zonal Vice President. The following Vice President candidates were deemed eligible by the Election Committee: • East: Mr. Timothy Fok (Hong Kong) and Mr. Battushig Batbold (Mongolia) • Southeast: Dr. Norza Zakaria (Malaysia) • South Asia: HRH Prince Jigyel Wangchuk (Bhutan) and Mr. Maxwell De Silva (Sri Lanka) • Central Zone: Mr. Otabek Umarov (Uzbekistan) and Mr. Sadyr Mamytov (Kyrgyzstan) • West Asia: Dr. Thani Al Kuwari (Qatar) Nominations for the Executive Board Members from all the zones were considered eligible. However, based on Art. 16.2.3 OCA Constitution, in case the General Assembly will elect a male candidate for the position of Vice-President, then the EB Member from that same zone shall be a female, and a male candidate will automatically not be eligible. There were no nominations received from South Asia Zone for the position of Executive Board Member Source: https://oca.asia/news/5242-raja-randhir-singh-sole-candidate-for-oca-presidency.html Contact Details Claire Cairns Claire@weareblueparrot.com

July 23, 2024 03:39 AM Eastern Daylight Time

Image

Investments & Wealth Institute Reinstates CPWA® Accelerator Program

Investments & Wealth Institute

The Investments & Wealth Institute is pleased to announce the reinstatement of the Accelerate Certified Private Wealth Advisor® (CPWA®) program, which offers CPWA candidates an intensive, expedited approach for earning the prestigious CPWA certification. Accelerate 2024 combines asynchronous self-study with synchronous online executive education, benefitting CPWA candidates with a flexible, rigorous learning experience. To earn the CPWA certification applicants must pass a comprehensive background check, demonstrate five years of experience in financial services, and complete an executive education program at Yale School of Management, Chicago Booth School of Business, or through the Investments & Wealth Institute. Candidates must also pass a four-hour, comprehensive certification exam at an approved testing center or via an approved online proctored provider. More than 300 hours of study are recommended for CPWA candidates, regardless of the education option selected at time of application. Enrollment for the Accelerate 2024 CPWA program began July 16, 2024. Once applications are completed online and approved, new candidates will start the program on September 4, 2024, with a live orientation webinar, then navigate the self-study curriculum throughout the fall. The program concludes with a week of live online executive education from December 2-5, 2024. Candidates who successfully complete all self-study module quizzes and attend all executive education sessions will be eligible to schedule their CPWA certification exam within 21 days of program completion. Candidates who need a more flexible timeline can continue self-study and exam preparation into 2025. The Accelerate 2024 CPWA program is designed to address the dynamic needs of advisors serving high-net-worth clients. Key features of the three-month program include extended online self-study, virtual flashcards accessible via phone and tablet apps, an updated quiz bank, and multiple exam prep videos. Additionally, participants will benefit from more than 34 hours of live instructor-led executive education, which will be recorded and available on-demand, allowing candidates to review the materials at their own pace. Program Highlights: Comprehensive Online Self-Study: Available through the Institute’s Academy — a premier online educational platform offering flexible, high-quality learning opportunities for financial advisory professionals — the program features knowledge checks and section quizzes to reinforce learning and ensure mastery of complex topics. Executive Education: Intensive live online sessions led by expert CPWA faculty, with recordings available for future reference. This format allows participants to engage with top-tier instructors and peers from anywhere in the world. Flexible Scheduling: Candidates have the option to prepare for and schedule their CPWA certification exam at their convenience, allowing them to tailor their study plan to their personal and professional commitments. Affordable Tuition: Priced at $6,295 for open enrollment, with various scholarships and group discounts available. Special pricing options include $5,995 for groups of five and $5,795 for groups of ten, complete with private orientation and personalized syllabus with the company logo. "We are thrilled to be offering this intensive path to CPWA certification," said Mike Kurz, CIMA®, CPWA®, RMA®, CFP®, CAIA®, Director of Programs at the Institute. "This program not only provides a rigorous and comprehensive curriculum but also reflects our commitment to delivering practical, high-quality education that empowers busy, fully committed financial professionals to excel in their careers. The enhancements we've made ensure that our candidates receive the best possible preparation, in a very efficient timeframe, to meet the demands of their roles — and to exceed client expectations." To further support candidates, the Institute is offering the CPWA Accelerator Pack. Priced at $595, this optional pack is designed to instill greater test-taking confidence and skills, while helping candidates create personalized study plans for their individual learning styles. The CPWA Accelerator Pack includes a CPWA Online Exam Prep Course, which teaches techniques for analyzing test questions and previewing answers. The pack also offers unlimited certification exam retakes within one year of registration, ensuring candidates can take the exam multiple times without incurring additional exam fees. The CPWA Accelerator Pack does not include a practice examination, but rather focuses on practicing methodical dissection of questions using case studies and scenarios that align with topics in the CPWA curriculum. The CPWA Accelerator Pack provides printed copies of all online self-study readings, organized into four spiral-bound binders. These printed materials offer a convenient way for candidates to review and make notes, complementing the digital curriculum and enhancing the overall study experience. Available for a limited time, the CPWA Accelerator Pack is a resource for candidates aiming to maximize their exam readiness and achieve CPWA certification with confidence. It may be purchased only by current CPWA program candidates within the first 60 days of the start of the Chicago Booth or Investments & Wealth Institute CPWA Program. The Accelerate 2024 CPWA program is designed to address the most critical areas of wealth management, including tax planning, portfolio management, risk management, estate planning, and retirement management. By participating in this program, advisors will gain advanced knowledge and practical skills that are directly applicable to their professional roles, enhancing their ability to attract new clients, grow their business, and establish themselves as authorities in wealth management. For more information about the Accelerate 2024 CPWA program and to register, please visit https://investmentsandwealth.org/certifications/cpwa-certification/cpwa-accelerate-program or contact Institute enrollment counselors at enrollment@i-w.org. The deadline for enrollment is September 1, 2024. Note: Investments & Wealth Institute and the CPWA Certification Commission neither endorse nor recommend any specific test preparation program and makes no claim or assurance on the ability of a student to pass the exam as a result of completing the test preparation product. About the Investments & Wealth Institute Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider, and standards body for financial advisors. Through its award-winning events, publications, courses, and acclaimed certifications — Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®), and Retirement Management Advisor® (RMA®) — the Institute delivers Ivy league-quality, highly practical education to more than 20,000 practitioners annually in over 40 countries. Members of the Institute include the industry's most successful investment consultants, advanced financial planners, and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients. Contact Details Allison Edmondson +1 303-850-3207 aedmondson@i-w.org Joseph Bish +1 303-850-3076 jbish@i-w.org Company Website https://investmentsandwealth.org

July 22, 2024 02:30 PM Eastern Daylight Time

News Release

Full Moon Sports Announces Strategic Partnership with Approvely to Enhance Fantasy Sports and Sports Betting Services

Full Moon Sports

Full Moon Sports, a leading sports consulting company specializing in fantasy sports, sports betting and horse racing, is thrilled to announce a multi-layered partnership with Approvely, a premier merchant service, fraud protection and chargeback protection provider for online businesses. Full Moon Sports, led by Fantasy Sports Hall of Famer, Rick Wolf and Horse Racing and Sports Betting Stalwart, Michael Zapin, finds solutions for sports businesses and Approvely is the perfect solution for those in these three industries that are labeled by merchant services as “risky." Full Moon Sports has added many partnerships in the recent months to solidify their ability to protect the industries that they love with the best possible partners. The partnership with Approvely addresses one of the most difficult areas for digital businesses to solve. “Approvely is taking a unique approach to payments. They are actively engaging with our industry and seeking feedback on building the products we urgently need. For instance, based on market feedback, they launched an instant payout product at the end of last year,” said Rick Wolf, Founder of Full Moon Sports. “This product allows DFS and online gaming companies to pay their players instantly without being burdened by large minimum commitments. Approvely's dedication to our industry and support for startups make them the ideal partner for us.” “Partnering with Full Moon Sports was important for Approvely as it gets us association with top-notch individuals with the ability to bring business faster in three major sectors,” said Chelsie Cooper, CEO of Approvely. “Our completion of the necessary technological changes for pari-mutuel wagering and compliance oriented partnerships for fantasy sports and sports betting means that this is a perfect fit. Speed is important!” With this partnership, Full Moon Sports and Approvely are poised to drive significant growth and innovation in the industry, providing clients with the tools and support they need to focus on the sports part of the business. For more information about Full Moon Sports and its services, visit www.fullmoonsports.com. To learn more about Approvely, visit www.approvely.com. About Full Moon Sports Full Moon Sports is a premier sports consulting company specializing in fantasy sports, sports betting and horse racing. Led by Fantasy Sports Hall of Famer Rick Wolf and Horse Racing Industry stalwart Michael Zapin, Full Moon Sports provides comprehensive consulting services, market analysis, strategic & growth planning, product development and business development to help clients achieve their goals in the dynamic world of sports. About Approvely Approvely is a leading payment processing platform tailored to meet the unique needs of the online gaming industry. Offering operators of all sizes the ability to accept credit, debit, ACH, and instant payouts, Approvely ensures seamless financial transactions. With integrations to top KYC and geolocation providers, Approvely delivers a comprehensive solution for online gaming operators, combining efficiency, security, and compliance. Contact Details Full Moon Sports Rick Wolf +1 914-224-5993 rick@fullmoonws.com Company Website http://www.fullmoonsports.com

July 22, 2024 09:01 AM Eastern Daylight Time

Caddis Cloud Solutions: A New Force in Cloud Infrastructure and Data Center Development

Caddis Cloud Solutions

Today marks the debut of Caddis Cloud Solutions, a global advisory firm specializing in Data Center development, cloud capacity sourcing and end-user deployment. Previously known as CloudSphere Consulting, Caddis is poised to leverage its deep industry expertise to help its clients around the globe provide and capture cloud capacity. The global data center market is projected to grow to $792.29 billion by 2032, marking a 241% increase from 2023. According to CBRE, as of the first quarter of this year, roughly half of the current data center capacity is under construction, with 84% already allocated. "Today, there is a critical shortage of cloud capacity to meet the burgeoning demand for cloud space. Our mission at Caddis is to help bridge this gap and deliver cutting-edge solutions that address the complex demands of the modern data center landscape," said Scott Jarnagin, founder and CEO of Caddis. Within this rapidly expanding market, Caddis sets itself apart through its comprehensive, end-to-end service model. On the supply side, the company collaborates with real estate developers, infrastructure firms, and data center operators to enhance cloud capacity. Additionally, Caddis works closely with hyperscalers and AI/GPU infrastructure providers to identify opportunities for increasing cloud capacity for their clients. In each engagement, the Caddis team delivers tailored solutions, enabling stakeholders to navigate complexities and achieve their technological and operational goals. To further highlight its distinct approach, Caddis emphasizes a collaborative strategy that combines industry-leading technology with strategic partnerships. This synergy not only accelerates the deployment of high-demand infrastructure but also ensures that clients benefit from scalable cloud solutions. Through innovative project management and a commitment to excellence, Caddis is transforming the landscape of cloud infrastructure. Caddis is led by Jarnagin, who brings over 25 years of industry experience. Prior to founding Caddis, he led cloud service deployments as the head of the Site Selection team at Oracle Cloud Infrastructure. His extensive background also includes a high-visibility role at Microsoft, where he specialized in global project management, vendor management, and infrastructure as a service. “Caddis Cloud Solutions is not just a new name in the industry, we are a new paradigm in cloud infrastructure development. We are committed to building strategic partnerships and innovative projects that pave the way for future advancements,” said Jarnagin. “As we continue to expand, we are steadfastly focused on launching groundbreaking projects globally and forging strategic partnerships that reinforce our status as a leader in comprehensive cloud and data center solutions.” Caddis Cloud Solutions is a premier global advisory firm specializing in strategic Data Center development, cloud capacity sourcing, and end-user deployment. With over 25 years of experience in bridging the gap between cloud capacity supply and demand, the firm ensures clients – from hyperscalers to enterprises, to cloud infrastructure providers, data center developers and operators, and others – receive tailored solutions for their cloud infrastructure needs. Caddis aims to form long-term partnerships with clients that extend beyond single engagements. For more information, please visit: www.caddiscloud.com Contact Details Kite Hill PR Lara Schembri lara@kitehillpr.com Company Website https://caddiscloud.com/

July 22, 2024 09:00 AM Eastern Daylight Time

Here's What EcoAI Coin Has In Store For 2024 And Beyond

Benzinga

By Gerelyn Terzo, Benzinga In a major win for the cryptocurrency space, the U.S. Securities and Exchange Commission has decided to green-light a rule change that will pave the way for Ethereum ETFs. In response, the Bitcoin (BTC/USD) and Ethereum (ETH/USD) prices rallied, as market participants celebrated the long-awaited development that will help to thrust cryptocurrencies into the mainstream. The regulatory watchdog’s landmark decision brings Bitwise Asset Management closer to launching its maiden spot Ethereum ETF. Bitwise CEO Hunter Horsley said the firm has been working toward bringing greater access to the crypto space for years. Another project that could be strategically positioned to benefit from the renewed excitement around digital assets is EcoAI Coin, whose roadmap is ramping up just at the right time. EcoAI Coin is an Ethereum-based project that sits at the intersection of crypto and environmental sustainability. The team’s mission is to harness the strength of blockchain and artificial intelligence (AI) for the advancement of environmentally friendly activities within the blockchain ecosystem. They also seek to offer solutions to ecological challenges associated with blockchain-related activities like Bitcoin mining. Community Building Before any blockchain project can make a difference in the world or bring awareness to a movement, it must develop a community of like-minded enthusiasts. Community building is especially important for a project like EcoAI Coin, whose mission involves delivering eco-awareness to the broader cryptocurrency industry. The EcoAI Coin team is in the process of building a global community that knows no boundaries as it seeks to make the blockchain industry a sustainable and ecologically responsible model. EcoAI Coin is building its community through various channels, including education, awareness, access to a marketplace, financial incentives and more. The project founders have implemented a culture to make community members feel empowered and engaged. To foster this environment, EcoAI Coin emphasizes knowledge building not only in the crypto industry but also around the environment. On the marketplace front, the EcoAI Coin serves as a digital currency native to the project that enables transactions and supports environmental goals. Community members are incentivized to make “green choices” with rewards like discounts and bonuses. Additionally, EcoAI Coin is strengthening its social media presence on platforms such as X, Facebook and YouTube. There, it shares project developments and touts its sustainability message, giving community members a chance to engage. Partnerships And Collaborations EcoAI Coin’s focus will shift to strategic partnerships and collaborations in the second half of the year. The blockchain project seeks to team up with other organizations with sustainable missions including renewable energy providers as well as technology innovators, in order to expand EcoAI Coin’s footprint. This initiative also involves potential partnerships with mission-focused blockchain projects that have demonstrated a commitment to sustainability. By pooling resources and knowledge, EcoAI Coin, as well as other blockchain projects, increase their chances of driving growth and contributing to environmental protection. EcoAI Coin says it plans to cast a wide net, including ties with Indigenous Native American people, whose connection to and care of the land are seeing them playing a leading role in sustainability. EcoAI Coin Presale, ICO Launch And Ecosystem Expansion EcoAI Coin is also preparing for its main event – its initial coin offering (ICO) in Q4 2024 in which it will sell 20% of its total supply of 2 billion tokens. The EcoAI Coin ICO will allow the public to purchase tokens as well as support its sustainability efforts while potentially profiting along the way if the coin rises in value. Sentiment around ICOs may be positive now that Ethereum has received the all-clear from U.S. regulators. An ICO is a sale in which the project sells its tokens directly to the public online. Token holders can then hold onto those digital assets in hopes that they will appreciate in value over time or trade them on exchanges. Leading up to the ICO, EcoAI Coin will launch a pre-sale of its token, which, according to the website, is coming soon. They also outline the steps by which supporters can purchase EcoCoin in the pre-sale as well as how to create a digital wallet in which to store the coins. To express appreciation for early supporters, EcoAI Coin will also participate in crypto industry events known as air drops in which on occasion it will distribute free EcoAI tokens to its loyal fan base. Airdrops have been known to drum up a great deal of excitement around blockchain projects and help spread awareness about new coins. All of the events surrounding the token sale will serve as the foundation for the further scaling of the EcoAI ecosystem and sustainability efforts. Developers are busy with the development of new features, services and partnerships that will help to define the EcoAI Coin for years to come. The EcoAI Coin community can expect to receive regular updates through the publication of annual reports. These reports are intended to keep EcoAI Coin accountable for its environmental impact, carbon footprint and progress toward its sustainability goals. Featured photo by geralt at Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 22, 2024 08:30 AM Eastern Daylight Time

Image

1 2 3 4 5 ... 3661