NEW CASTLE, Delaware, June 27, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “AIoT Market by Component (Hardware, Software, and Services), Deployment (On-Premise and Cloud), Industry Vertical (Retail, Agriculture, Logistics, BFSI, Automotive and Transport, Healthcare, Manufacturing, and Others), Application (Video Surveillance, Inventory Management, Predictive Maintenance, Supply Chain Management, and Others), and End User (B2B, B2G, and B2C): Global Opportunity Analysis and Industry Forecast, 2024-2032”. According to the report, the Artificial Intelligence of Things (AIoT) market was valued at $126.1 billion in 2023 and is estimated to reach $1,319.4 billion by 2032, growing at a CAGR of 30.2% from 2024 to 2032. Prime Determinants of Growth The proliferation of connected devices and advancements…
Author: PRNEWSWIRE
Kapoor, a former Director at Amazon Web Services, will spearhead product strategy with a focus on Managed AI services, as CoreWeave continues its exponential growth ROSELAND, N.J., June 26, 2024 /PRNewswire/ — CoreWeave, the AI Hyperscaler™, today announced the appointment of Chetan Kapoor as Chief Product Officer, effective immediately. Kapoor joins CoreWeave from Amazon Web Services, where he was part of the Compute leadership team and managed the Hardware Accelerated Compute business. In his new role, Kapoor will lead a cross-functional team responsible for overseeing the development, strategy, and management of CoreWeave’s portfolio of AI Products and Managed Services. “With leading AI labs and customers…
Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies BOSTON, June 26, 2024 /PRNewswire/ — Saifr, a compliance solutions provider that uses artificial intelligence (AI) to help firms mitigate regulatory risks, today announced that it has been selected as the winner of the “Best AI-based Solution for Financial Services” award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global AI market. Saifr’s rules-based, machine learning (ML) and deep learning models help compliance and marketing teams to develop and review more compliant…
Emerging AI regulations signal non-negotiable guidelines for businesses, underscoring the need to act proactively to mitigate bias and ensure return on AI investment CHAPEL HILL, N.C., June 26, 2024 /PRNewswire/ — Vero AI, a first-of-its-kind analytical engine and scoreboard that helps enterprises fully harness the potential of advanced technology including artificial intelligence while minimizing risk, today released a first-of-its-kind industry-agnostic report, Regulating the Future: Responsible AI Legislation Trends and Predictions on key trends in current and emerging artificial intelligence (AI) legislation. The report emphasizes the need for businesses to stay abreast of regulatory changes to maintain compliance, foster responsible AI practices, and routinely conduct assessments to…
“Independents’ Day” Spotlights How Big Tech & AI Threatens the Livelihoods of Creators Across the Nation NEW YORK, June 26, 2024 /PRNewswire/ — Raptive, the creator media company, today is hosting “Independents’ Day” on Capitol Hill, an event that connects the nation’s independent content creators to lawmakers in Washington, D.C. Raptive is creating awareness amongst elected officials of the adverse effects of AI products that are being developed by Google, Open AI, and other big tech companies. 13,000 Raptive creators and their supporters have signed a public letter to the U.S. Congress asking elected officials to address the harm that AI is causing to creators by scraping…
VANCOUVER, BC, June 26, 2024 /PRNewswire/ — In celebration of the 15th anniversary of VidCon and 19 years of YouTube, Wondershare Filmora, a leading video editing software company, is proud to announce the release of its new documentary, “Gen Z in Action.” This insightful film delves into the lives of Gen Z content creators, showcasing their dedication, innovation, and the unique challenges they face in today’s digital landscape. Filmed in Vancouver, BC, the documentary features in-depth interviews with over 10 Gen Z creators who have found fame and success in photography, music, and cosplay. Among the highlighted creators are Fearfiction, a dedicated cosplayer; Mathew, a relentless musician; and Maxwell, an…
The acquisition combines Funnel’s data collection and analysis acumen with Adtriba’s complex machine-learning measurement tools, optimized for the likes of Adidas and Sony STOCKHOLM, Sweden and HAMBURG, Germany, June 26, 2024 /PRNewswire/ — Funnel (www.funnel.io), the marketing intelligence platform, has today announced its acquisition of the marketing measurement company Adtriba (www.adtriba.com). The move expands and enhances Funnel’s product offering, building on its core Data Hub and visualization to offer more advanced marketing analytics and Unified Marketing Measurement (UMM). The acquisition consolidates Funnel’s position as a global frontrunner in marketing intelligence with the company generating more than $50 million in Annual Recurring Revenue (ARR). At a time when it…
NEW YORK and LOS ANGELES, June 26, 2024 /PRNewswire/ — Software development in 2024 has become one of the most explosive areas in terms of growth and innovation. The global software development market is witnessing a staggering growth of $705.89 billion and is estimated to grow by 30% by the year 2030, due to the ever-increasing demand for custom software solutions, mobile apps, and emerging technologies. Businesses trying to stay competitive turn to software development companies for compelling digital transformation solutions for streamlining operations, enhancing employee productivity, and curating innovative programs to deliver exceptional user experiences. This demand surge has automatically put software development companies at the…
Jake Spruiell doing business as Sonterra Wealth Management LLCJoins Cetera from PNC Investments SAN DIEGO, June 25, 2024 /PRNewswire/ — Cetera Financial Group, the premier financial advisor Wealth Hub, announced that Jake Spruiell* has joined Cetera Advisor Networks. Spruiell’s firm, Sonterra Wealth Management LLC, provides comprehensive financial planning and investment advice to clients and had more than $121 million in assets under administration** as of May 31, 2024. “I chose to join Cetera because of its vast array of product availability and the open architecture that allows a financial advisor the ability to truly focus on their clients and enhance their experience,” Spruiell said. “Comparatively speaking – I would describe…
Devoteam to offer Altair’s leading data analytics and AI solutions throughout the EMEA region TROY, Mich., June 26, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Devoteam as a new channel partner for the EMEA region. Within the partnership, Devoteam will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the EMEA region. “Partnering with Devoteam underscores our dedication to shaping the future of technology,” said Kimon Afsaridis, managing director of Eastern Europe and vice president of indirect EMEA sales, Altair. “This partnership marks a pivotal moment in our global expansion strategy, reinforcing our mission to lead and innovate in AI and beyond.”…