News provided byUptimeAI Aug 12, 2024, 09:00 ET Series A Fund Boosts AI-Driven Plant Monitoring in U.S. Industrial Sector HOUSTON, Aug. 12, 2024 /PRNewswire/ — UptimeAI, the world’s first AI-based plant monitoring software for industrial businesses announces it has raised $14 million in Series A funding to boost its North American operations. WestBridge Capital led the round, with participation from Emergent Ventures and Aditya Birla Ventures. This funding will accelerate UptimeAI’s mission to revolutionize U.S. industrial plant monitoring and maintenance with advanced AI technology, following a stellar 400% growth in FY2023. Meeting Industry Needs with Advanced AI The global AI market for heavy industries is…
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News provided by: The Linux Foundation , Aug 12, 2024, 09:00 ET New partnership will foster the development of free to use, open and ethical AI models. SAN FRANCISCO, Aug. 12, 2024 /PRNewswire/ — Today, the Linux Foundation, the nonprofit organization enabling mass innovation through open source, is excited to welcome the Open Model Initiative (OMI) to the Linux Foundation community. The OMI aims to foster the creation and adoption of high-quality, openly licensed AI models that push creativity forward, are free to use, and meet the growing demands for open source AI solutions. Established in response to licensing decisions that create barriers for enterprise adoption,…
News provided byCineverse Corp. , Aug 12, 2024, 09:30 ET Across the Company’s Brands, 2.26 Billion Minutes Were Watched, Up 73% From Last Year LOS ANGELES, Aug. 12, 2024 /PRNewswire/ — Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced remarkable year-over-year growth in free ad-supported streaming TV (FAST) viewing. In the fiscal second quarter of 2024, Cineverse’s FAST channels amounted to 2.26 billion minutes watched, reflecting a 73% increase compared to the same period last year (1.31 billion minutes in 2Q23). Cineverse’s owned and operated brands drove 33% of the year-over-year gains. Partner brands operated by Cineverse drove 50% of the…
News provided by: Edged , Aug 12, 2024, 11:45 ET State-of-the-art facility will deliver 24 MW of critical capacity, waterless cooling and ultra-efficient operations to the booming tech region NEW YORK, Aug. 12, 2024 /PRNewswire/ — Edged Energy announced today it will be expanding its North American portfolio with a new world-class facility in New Albany, Ohio, the highly sought-after tech region known as the Silicon Heartland. Edged Columbus will be built for high-density Artificial Intelligence (AI) workloads and equipped with advanced waterless cooling and ultra-efficient energy systems. Construction is underway and expected to be complete in July 2025. Strategically located at 6525 New Albany Road East, less than…
News provided by: Info-Tech Research Group , Aug 12, 2024, 11:15 ET A new resource from Info-Tech Research Group details a comprehensive roadmap for organizations seeking to align with the intricate web of AI regulations while upholding ethical imperatives. The firm offers detailed strategies and practical recommendations to guide organizations through evolving regulatory frameworks while ensuring commitment to ethical AI practices. By consolidating insights from global regulatory trends, this blueprint equips IT leaders with the knowledge and tools necessary to navigate the complex terrain of AI governance with integrity and foresight. TORONTO, Aug. 12, 2024 /PRNewswire/ – As artificial intelligence (AI) rapidly transforms…
News provided by: Oracle , Aug 12, 2024, 08:00 ET Critical IoT connectivity supports Oracle industry applications, enabling reliable, secure communicationsFirstNet®, Built with AT&T and ECP provide the connectivity foundation for Oracle’s Public Safety Suite AUSTIN, Texas, Aug. 12, 2024 /PRNewswire/ — In a crucial next step toward bringing real-time communications to its suite of cloud applications, Oracle today announced that it is incorporating AT&T IoT connectivity and network API’s into its Enterprise Communications Platform (ECP). This integration will enable Oracle’s industry cloud application customers to connect and manage their IoT devices on the AT&T network all in one platform. Supported by AT&T, ECP is delivering IoT connectivity and near real-time communications…
NEWS PROVIDED BYSapiens International Corporation Aug 12, 2024, 07:15 ET Sapiens’ reinsurance management solution to improve efficiency, expand capabilities for complex structure management, and mitigate claims leakage ROCHELLE PARK, N.J., Aug. 12, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Society Insurance, a leading U.S. niche insurance provider, has selected Sapiens ReinsurancePro to increase efficiency, streamline financial reporting, and minimize claims leakage. Society’s decision to select a cloud-based reinsurance system was prompted by the need for an automated, out-of-the-box reinsurance solution to manage their entire reinsurance program and centralize…
NEWS PROVIDED BYQuadrant Knowledge Solutions Aug 12, 2024, 07:00 ET MIDDLETON, Mass., Aug. 12, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it named NETSCOUT a 2024 technology leader in the SPARK Matrix™: Network Observability, Q3 2024. The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed global market dynamics, vendor landscape, and competitive positioning analysis. The study also provides a competitive analysis and ranking of the leading technology vendors in the form of the SPARK Matrix™. The study offers strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market positions. According to Harsha K, Analyst at Quadrant Knowledge Solutions, “NETSCOUT’s nGeniusONE® solution…
NEWS PROVIDED BYBybit Aug 12, 2024, 06:00 ET DUBAI, UAE, Aug. 12, 2024 /PRNewswire/ — To celebrate the introduction of the new P2P payment method with Digital Rupee (eRupee), Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching an exclusive campaign tailored for its INR users. The campaign period is active now and will run until August 25. Participants who sign up and complete their first deposit will have the opportunity to receive rewards from a 30,000 USDT prize pool. By depositing a minimum of 50 USDT, users can become eligible for a reward from this substantial prize pool. The introduction of the Digital…
NEWS PROVIDED BYProvisio Medical, Inc. Aug 12, 2024, 06:30 ET SAN DIEGO, Aug. 12, 2024 /PRNewswire/ — Provisio Medical, Inc., pioneers of Sonic Lumen Tomography™ (SLT) technology to provide real time blood vessel measurements during vascular interventions, today announced a key presentation featuring the Provisio™ SLT IVUS™ System during the annual Amputation Prevention Symposium (AMP) taking place August 14 to 17 at the Sheraton Grand Chicago Riverwalk in Chicago, Illinois. On Thursday, August 15, Robert Tahara, MD, will present his experience with the first use of SLT IVUS in patients with critical limb threatening ischemia. “As one of the longstanding proponents of intravascular imaging, I’m excited to discuss the use…