BEIJING, Dec. 23, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of an innovative solution: Machine Learning-based Quantum Error Suppression Technology (MLQES). This technology not only breaks through the error bottleneck in quantum computing but also demonstrates the potential to enhance the accuracy of quantum circuits through classical control and hybrid computing methods, without requiring additional quantum resources. The computational potential of quantum computers stems from the unique properties of their qubits: through superposition, a quantum computer with a system of n qubits can provide a computational…
Author: PRNEWSWIRE
TORONTO, Dec. 23, 2024 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with 1517452 B.C. Ltd. the “Purchaser”), an affiliate of Fiserv, Inc. (NYSE: FI) “Fiserv”) a leading global provider of payments and financial services technology, whereby the Purchaser will acquire the Company, subject to obtaining shareholder and other customary approvals (the “Transaction”). Under the terms of the Arrangement Agreement, the Purchaser will acquire all of the issued and outstanding…
The recognition highlights a High-Trust, High-Performance Culture in 7 countries SOUTHBOROUGH, Mass., Dec. 23, 2024 /PRNewswire/ — Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, is proud to announce its 2024 Great Place to Work® Certification™ for the third consecutive year. This recognition spans seven countries – India, USA, Canada, UK, UAE, Australia, and Singapore – and underscores Virtusa’s dedication to fostering a High-Trust, High-Performance workplace culture globally. The certification is based on rigorous employee feedback, with Virtusa achieving an impressive Trust Index™ score of 79% and an Employee Net Promoter Score (eNPS) of 73%. Notably, 81% of employees agreed with the statement, “Taking…
Intermedia delivers modern, AI-powered communications solutions to Service Providers that accelerate legacy migrations, enable partners to brand services as their own, and maintain ownership of their customer relationships—all while meeting the modern communications needs of business customers. SUNNYVALE, Calif., Dec. 20, 2024 /PRNewswire/ — Service Providers, such as telecommunications companies and cable providers, are facing critical decisions as they navigate platform transitions, growing competition, and uncertainty surrounding legacy systems like Metaswitch and BroadSoft. In 2024, Intermedia Cloud Communications strengthened its position as a trusted choice for Service Providers of all sizes, helping partners modernize their offerings, accelerate revenue growth, and win in…
VANCOUVER, BC, Dec. 20, 2024 /PRNewswire/ — Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope Technologies” or the “Company”) is pleased to announce its engagement of Percepture, a leading full-service digital marketing and public relations agency. This partnership is a strategic step to expand the market reach of QSE (Quantum Security Entropy) and drive client acquisition amid the accelerating developments in quantum security. With over two decades of experience, Percepture has already launched targeted LinkedIn and Google Ads campaigns designed to elevate the QSE brand as a go-to solution for quantum-resistant encryption and decentralized storage. In addition, SEO initiatives are set to begin…
BEIJING, Dec. 20, 2024 /PRNewswire/ — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the “Agreement”) with its Canadian partner, NOWLIT Solutions Corp. (“Nowlit”), a prominent energy technology company focused on developing energy solutions and data center infrastructure in Canada, to provide green energy data center and cryptocurrency computing power. This initiative aligns strategically with AGM Holdings’ long-term expansion plan in the rapidly evolving artificial intelligence and data center market in North America. Pursuant to the Agreement, Nowlit…
DELRAY BEACH, Fla., Dec. 20, 2024 /PRNewswire/ — The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030 according to a new report by MarketsandMarkets™. The AI in computer vision market is growing at an incredible pace as industries increasingly rely on advanced technologies to improve efficiency, accuracy, and decision-making. In the healthcare industry, it is revolutionizing diagnostics with enhanced image analysis. In manufacturing, it enhances quality control through automated inspections. Retailers use it to track customer behaviour and offer customers a tailored shopping…
Gluware Intelligent Network Automation recognized for platform capabilities, continued innovation, and demonstrated success for customers SACRAMENTO, Calif., Dec. 20, 2024 /PRNewswire/ — Gluware, the leader in intelligent network automation, is proud to announce that it has been named the winner in the network automation category of Network World’s inaugural Best of Enterprise Network (BENNY) Awards. Organized by the premier network and IT publication, Network World, the BENNY Awards recognize the best and most innovative products in enterprise networking. “Being recognized by Network World as the leader in network automation is a tremendous honor,” said Jeff Gray, CEO of Gluware. “Gluware’s intent-based network automation platform…
BEIJING, Dec. 20, 2024 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced it’s “DuanXunBao” has ushered in a winter refresh and upgrade recently. Recently, Duanxunbao, a new-generation knowledge delivery tool under Baijiayun, has undergone meticulous refinement and a comprehensive upgrade, and has recently launched a series of innovative features. These features not only cover intelligent live streaming templates, quick chat scripts, virtual user assistance, optimization of live streaming field control, etc., but also completed important updates in private domain traffic operation, helping knowledge monetizers build a more efficient, interactive and personalized online learning…
SHENZHEN, China, Dec. 20, 2024 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today announced that on December 19, 2024, it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5810(c)(3)(A), the closing bid price of the Company’s ordinary shares needs to be at least US$1.00 per share or…