TORONTO, Aug. 11, 2023 /PRNewswire/ – Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, today announced it has entered into a transaction support agreement (the “Support Agreement”) with Macquarie Equipment Finance Ltd. (“Macquarie”) a subsidiary of Macquarie Group Limited, a global financial services group, in support of an opportunity to potentially acquire certain assets of Validus Power Corp. (“Validus”) and Validus’ subsidiaries (collectively, the “Validus Entities”). Validus was previously a supplier of energy to the Company’s mining facility in North Bay, Ontario. Macquarie is a secured creditor of…
Author: PRNEWSWIRE
NEW YORK, Aug. 10, 2023 /PRNewswire/ — The cloud computing market in Japan is to grow by USD 13,492.21 million at a CAGR of 12.54% from 2022 to 2027, according to the latest research report from Technavio. Discover Internet Services & Infrastructure industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report! The cloud computing market in Japan covers the following areas: Company Landscape The cloud computing market in Japan has the presence of several, but a few limited key vendors hold most of the market share. The competition in the market is anticipated to increase during the forecast period due to high storage demands, big…
NEW YORK, Aug. 11, 2023 /PRNewswire/ — The global network as a service market size is estimated to grow by USD 19,994.1 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.9% during the forecast period. NORTH AMERICA is estimated to account for 36% of the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. NORTH AMERICA has a highly advanced telecommunication infrastructure, further driving the demand for networks as a service. The region is home to some of the largest technology companies in the world, including Cisco Systems Inc…
DUBAI, UAE, Aug. 11, 2023 /PRNewswire/ — Flytxt, a leading provider of AI-driven Customer Lifetime Value (CLTV) Maximization SaaS, announced today that it has received the prestigious Frost & Sullivan 2023 Competitive Strategy Leadership Award in the domain ‘AI for Telecom CX’. Telecommunication companies in the expanding Middle East, Africa, and South Asia (MEASA) markets are broadening their service offerings to be the preferred digital lifestyle partner for customers. They are increasingly focusing on providing superior digital experiences that create sustained customer value. The award recognizes the market relevance and unique value proposition of Flytxt’s AI-powered solutions enabling Telco to effortlessly measure, monitor, and maximise CLTV…
BEIJING, Aug. 10, 2023 /PRNewswire/ — Datasea Inc., (NASDAQ: DTSS) (“Datasea” or the “Company”), a digital technology corporation engaged in three converging and innovative business segments in China: intelligent acoustics, 5G messaging, and smart city technology, announced the inception of a wholly-owned subsidiary, Datasea Acoustics LLC, based in the State of Delaware, USA. Datasea Acoustics LLC, incorporated on July 31, 2023, represents the Company’s thrust into the “Intelligent Acoustics” domain, a transformative blend of acoustics and artificial intelligence. The launch of Datasea Acoustics LLC in the US serves a dual purpose: it solidifies Datasea’s commitment to the field of Intelligent Acoustics and emphasizes the company’s plan…
CENTRAL, Hong Kong, Aug. 10, 2023 /PRNewswire/ — Prime Allied Limited, an industry-leading firm known for its strategic investments and commitment to exceptional customer service, has announced the incorporation of innovative AI technologies to support its growth initiatives and further improve the quality of service it provides to its clientele. Prime Allied Limited is dedicated to being at the forefront of innovation, and the incorporation of AI technology will radically alter the company’s operations and the way it communicates with its customers. The goal of this project is to use AI as a growth driver and to improve the quality of Prime Allied…
Fraud prevention and security expert Saurabh Bajaj joins company as Chief Product Officer MENLO PARK, Calif., Aug. 10, 2023 /PRNewswire/ — Oscilar, the AI fraud detection company, today announced that it is developing an industry-first generative AI risk decisioning offering that will enable companies to make fraud and risk-related decisions with greater velocity and precision. Targeted for fall, this advancement in Oscilar’s capabilities positions the company to become the first generative AI risk management company. To accelerate the company’s generative AI development, Oscilar has hired Saurabh Bajaj as its new Chief Product Officer. Bajaj brings extensive experience in the fraud and risk prevention space, previously holding executive leadership roles at F5 and Feedzai. With this…
SAN MATEO, Calif., Aug. 10, 2023 /PRNewswire/ — BrightEdge, the global platform leader in organic search, content, and digital automation, today announced the appointment of Krish Kumar as CEO of BrightEdge. Founder Jim Yu will take on a more active role in accelerating innovation in the Generative AI market as Executive Chairman. “I am thrilled about this appointment and what this means for BrightEdge.” said Jim Yu. “Krish is an accomplished executive who possesses a profound grasp of technology coupled with a customer-centric perspective. During Krish’s five-year tenure as our COO, he has played a transformative role in broadening our…
Award win comes on the heels of a $13M Series B fundraise for the real estate location intelligence platform MONTREAL, Aug. 10, 2023 /PRNewswire/ – Local Logic, a location intelligence provider that quantifies location at scale to shape smarter developments and more sustainable cities, today announced that it has won the “Agent Marketing Solution of the Year” at the annual PropTech Breakthrough Awards. PropTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe. The mission of the PropTech Breakthrough Awards is to honor the excellence and…
With close of transaction, immediate synergies to be driven with IBM’s IT Automation Portfolio ARMONK, N.Y., Aug. 10, 2023 /CNW/ — IBM (NYSE: IBM) today announced it has completed its acquisition of Apptio Inc. after receiving all required regulatory approvals. The acquisition gives clients the ability to derive additional value through the powerful combination of Apptio and IBM. Technology is a competitive differentiator for today’s enterprises. Organizations are accelerating their IT investments, spreading workloads and applications across public and private clouds, using multiple service providers. As a result, their expenses are increasing, and they need simplified, integrated, and automated solutions to optimize their…