Author: PRNEWSWIRE

USA News Group News Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC , Jan. 31, 2025 /PRNewswire/ — USA News Group News Commentary – The market is witnessing another tech revolution so far in 2025, kicking off the Trump presidency with the massive $500-billion Stargate AI project, which sent the S&P 500 to a new high. In the past two weeks, the tech industry has witnessed significant advancements in both artificial intelligence (AI) and quantum computing, signaling a transformative era for various sectors. Notably, quantum computing stocks have captured investors’ attention, competing with AI stocks. Despite a recent roller coaster in the stocks of quantum computing companies, research firm Global Quantum…

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global data center colocation market size is estimated to grow by USD 78.56 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of about 15.2% during the forecast period. Rising demand for data center colocation facilities is driving market growth, with a trend towards innovative approaches for cooling colocation services. However, emergence of containerized data centers poses a challenge. Key market players include American Tower Corp., AT and T Inc., BT Group Plc, China Telecom Corp. Ltd., Cologix Inc., Colt Technology Services Group Ltd., Corporate Technologies LLC,…

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Doubling down on open source, Mirantis invests further in the cloud native ecosystem SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ — The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, today announced that Mirantis, providing organizations with total control over their strategic infrastructure using open-source software, has upgraded its membership to Gold. Mirantis helps organizations accelerate time to value and simplify operations of modern workloads at scale wherever they are needed, by delivering Cloud Native open-source software to provide complete control over their strategic infrastructure. The company combines intelligent automation and cloud native expertise for managing and operating…

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With $14M raised so far, and over 30,000 users, Aligned enhances its AI-powered sales platform to act as the modern seller’s ‘Iron Man Suit’, helping close more deals faster TEL AVIV, Israel, Jan. 30, 2025 /PRNewswire/ — Aligned, the Digital Sales Room improving the buyer-vendor workflow from start to post-sale, announces it has secured an $8 million investment led by JAL Ventures. The round includes participation from existing investors NFX, Hetz Ventures, and CROs from leading SaaS companies, bringing the total amount raised to $14 million. The funding will be used to accelerate Aligned’s growth and the development of its AI capabilities aimed at redefining the buyer-seller dynamic. Aligned has already…

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Clarifai’s Full-Stack AI Platform Enabling Next AI Frontier of Model Inferencing WASHINGTON, Jan. 30, 2025 /PRNewswire/ — Clarifai, a global leader in AI and pioneer of the full-stack AI platform, today announced that several distilled versions of DeepSeek models are available on the Clarifai platform and users can try them for free for a limited time. The open source DeepSeek models on the platform are not the one that’s been put to the test against a highly-touted OpenAI model, but they nonetheless mark the beginning of a new frontier in AI that users will no doubt rush to explore. The DeepSeek models, from the Chinese startup…

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Seasoned Finance Executive joins Encora to strengthen the company’s strategic growth and expansion plans. SANTA CLARA, Calif., Jan. 30, 2025 /PRNewswire/ — Encora, a leading global digital engineering services company that drives cloud, data, and AI-led innovation for digital natives and enterprises, today announced the appointment of Rishabh Khemka as its Chief Financial Officer. With over 18 years of extensive leadership experience at Wipro, Khemka brings deep expertise in scaling and building global digital and IT services businesses. In his last role, Khemka served as the CFO for the Americas business at Wipro, managing the finance organization for a $3.3 billion portfolio which included next-generation digital services across multiple industry verticals…

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SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ — IoTeX, a global leader in building Decentralized Physical Infrastructure Network (DePIN) infrastructure, is proud to announce the establishment of the IoTeX DePIN AI Strategic Reserve. Drawing inspiration from the concept of a U.S. Bitcoin Reserve, this pioneering initiative underscores IoTeX’s commitment to creating a sustainable and equitable ecosystem for its $IOTX token holders moving forward. The DePIN AI Strategic Reserve will act as a secure vault for digital assets, ensuring their long-term returns will benefit IoTeX’s global community. Initially funded with Bitcoin (BTC), the reserve will represent a cornerstone of IoTeX’s strategic growth framework, designed to safeguard and amplify the wealth generated…

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TYSONS, Va., Jan. 30, 2025 /PRNewswire/ — Custom Ink, the online leader in custom products and apparel for organizations, groups, and businesses, today announced that Ben Litvinas has joined the company as Chief Data and Analytics Officer (CDAO). In this new role, Litvinas will consolidate Custom Ink’s Data & Analytics operations and lead the evolution of the company’s data strategy, governance, and shared skill set. Litvinas will build a team dedicated to bridging the gap between data-driven insights and decision-making, while working across the business to leverage machine learning and AI to foster new capabilities and operationalize innovation. “Ben brings a proven track…

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Sigma360®, the definitive AI-powered risk screening and monitoring platform that enables compliant global relationships, today announces the launch of HyperScan™, a tool designed to innovate and improve financial crime risk screening and investigative operations. HyperScan uses advanced artificial intelligence to conduct tailored internet searches, delivering actionable insights on potential risks and anomalies—all at no cost. With its AI-generated summaries of individual risks and focus on reducing false positives, HyperScan simplifies risk screening and open-web searches for compliance professionals and institutions and can cut down on manual efforts by over 50%. “HyperScan is our way of making…

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BOCA RATON, Fla., Jan. 30, 2025 /PRNewswire/ — Public Consulting Group (PCG), a leading public sector solutions implementation and operations improvement firm, has announced a new strategic partnership with Synergist Technology, a leader in artificial intelligence (AI) governance, security, and compliance solutions. This collaboration brings together the complementary strengths of both organizations to address the rapidly growing need for robust AI compliance frameworks, data governance, and security protocols across various industries. As AI technologies continue to proliferate and transform industries, organizations face increasing challenges in ensuring that their AI systems operate ethically, securely, and in compliance with evolving regulations. Through this partnership, PCG…

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