MENLO PARK, Calif., Dec. 8, 2023 /PRNewswire/ — Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the pricing of its common stock public offering made on a reasonable best-efforts basis with gross proceeds of approximately $5.0 million, before deducting placement agent fees and other expenses payable by the Company. The offering consists of 33,333,333 shares of common stock and pre-funded warrants. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold at a purchase price of $0.15 per share (or $0.14999 per pre-funded warrant after…
Author: PRNEWSWIRE
HONG KONG, Dec. 8, 2023 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) won 10 awards at the Asia Exhibition of Innovations & Inventions, including “Gold Medals with Congratulations of Jury”, “1st Prize of Geneva Inventions Awards” along with two Gold and two Silver medals. According to Ir Sunny Lee, Chairman of ASTRI, competing with over 110 ground-breaking inventions from Hong Kong and neighbouring countries and cities is no easy feat, making their outstanding achievements more remarkable. “We are honoured to have jury’s affirmation on our Research and Development (R&D) capabilities as well as the market…
CHICAGO, Dec. 8, 2023 /PRNewswire/ — Increased adoption of hybrid and multi-cloud strategies, integration with edge computing and sophisticated analytics, a focus on data privacy and security advancements, and the development of industry-specific solutions are all anticipated developments in the cloud-based data management services market in the future. The market will be significantly shaped by developments in data storage and collaborative data science platforms, as well as innovations in quantum computing, blockchain integration, and sustainability practices. The Cloud-based Data Management Services Market is expected to grow from USD 40.2 billion in 2023 to USD 141.7 billion by 2028 at a…
HOUSTON, Dec. 8, 2023 /PRNewswire/ — kipi.bi, Snowflake’s System Integrator Growth Partner Of The Year, announced today that it has achieved Platinum Partner status with Matillion! This milestone underscores years of successful partnership and further strengthens our shared commitment to fostering innovation through collaboration. The attainment of Platinum Partner status is a prestigious distinction, attained by only a select few, and serves as a testament to kipi.bi’s expertise across Matillion’s Data Productivity Cloud. The elevation to Platinum Partner can be attributed to the exceptional talent that permeates kipi.bi’s teams. Our experts are not only well-versed in the intricacies of data…
The partnership expands Evenbound’s AI-enabled service offerings and boosts value for clients. GRAND HAVEN, Mich., Dec. 8, 2023 /PRNewswire/ — Evenbound is proud to announce its new partnership with Jasper, an AI copilot for marketing teams. As a Jasper Solutions Partner, Evenbound will be able to provide its clients with access to the latest AI technology and marketing strategies. “We are thrilled to join forces with Jasper,” said Evenbound President, John Heritage. “This partnership will allow us to provide our clients with some of the most advanced AI-powered marketing solutions available, specifically in the areas of branding and content. We look forward…
DULUTH, Ga., Dec. 8, 2023 /PRNewswire/ — SIS LLC, a Microsoft Solutions Partner for Business Applications, and leading software developer and implementor of ERP|CRM|BI solutions for Commercial Construction organizations built on Microsoft Dynamics 365, is pleased to announce: Fessler & Bowman, a Commercial Construction company in the Concrete & Heavy Civil Construction business, selected Microsoft Dynamics 365, and SIS Construct 365 to replace their legacy Foundation Software ERP system. SIS Construct 365 software solutions include Project Cost Management (PCM), Advanced Labor (AL), and SIS Construct 365 Procore Connector. Fessler & Bowman selected Microsoft Dynamics 365 and SIS Construct 365 over Viewpoint.…
The firm’s latest research highlights the critical data security risks posed by generative AI, emphasizing the importance for organizations to proactively identify these risks and implement effective protective measures. TORONTO, Dec. 8, 2023 /PRNewswire/ – As organizations increasingly harness the benefits of generative AI (Gen AI), they are simultaneously encountering significant risks and challenges, particularly around data confidentiality and integrity. Many early adopters are finding themselves without the necessary security infrastructure to effectively mitigate these risks, leading to potential unauthorized AI use and the subsequent need for retroactive governance measures. In light of these challenges, Info-Tech Research Group has released its…
SANTA CLARA, Calif., Dec. 8, 2023 /PRNewswire/ — Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 31, 2024 to shareholders of record as of January 5, 2024. About Marvell To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep…
DUBLIN, Dec. 8, 2023 /PRNewswire/ — The “Cloud Orchestration – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Cloud Orchestration Market to Reach $45.8 Billion by 2030 The global market for Cloud Orchestration estimated at US$13.9 Billion in the year 2022, is projected to reach a revised size of US$45.8 Billion by 2030, growing at a CAGR of 16% over the analysis period 2022-2030. Cloud Service Management, one of the segments analyzed in the report, is projected to record 17.7% CAGR and reach US$18 Billion by the end of the analysis period. Growth in the Cloud Migration…
HONG KONG, Dec. 8, 2023 /PRNewswire/ — SAP today announced that it has won the “Best Workplaces in Greater China” accolade for the eighth time. Organized by Great Place to Work®, the awards honor organizations in Greater China, including mainland China, Hong Kong and Taiwan, that excel in areas such as trust, camaraderie, respect, fairness, and pride in their workplace environment. SAP’s win underlines the achievement of its “people-oriented” culture as recognized by employees. To be eligible for the “Best Workplaces in Greater China”, organizations must achieve a minimum score of 70% in the Trust Index© employee survey, in addition…
