News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Increasing Fraud in the Mining Industry Drives Demand for Innovative New Tech Solutions

MarketJar

In 2024, the mining industry is facing more hurdles than ever before, creating an urgent need for a major digital overhaul. Despite the digital revolution reshaping global industries, the $11 trillion mining market still relies heavily on paper records and manual spreadsheets. This archaic approach not only hampers efficiency but has laid the groundwork for a series of high-profile fraud cases. Recent scandals have thrust this issue into the spotlight. Europe's largest copper producer Aurubis encountered a staggering €185 million (US$202 million) discrepancy in its inventory, a direct result of fraudulent activities involving manipulated paperwork and tampered samples. 1 Another example is Trafigura, one of the world’s largest commodity traders, who fell victim to a $590 million fraud scheme involving low-value materials falsified as nickel. But that’s just the tip of the iceberg. In the last year, Glencore cut ties with a Chinese metals merchant after $500 million of copper went missing at a storage site, 2 US trading company Gerald Group bought tin concentrate in Brazil that turned out to be sand and JPMorgan stored bags of nickel at the London Metal Exchange that were actually filled with rocks. 3 Clearly, the entire industry is in desperate need of updated systems that can connect the entire supply chain and in turn, mitigate risk and increase efficiency. An upgrade could also significantly increase profits. According to the World Economic Forum, digital transformation is estimated to generate more than $320 billion of value in the mining & metals industry over the next decade, including $77 billion through an integrated ecosystem that promotes seamless data exchange across the sector. To combat the industry's traditionally slow embrace of new technologies, MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) has developed a digital supply chain platform that seamlessly upgrades the metals and mining industry, helping to make the entire raw material supply chain more efficient, resilient and sustainable. Making Raw Material Supply Chains More Efficient, Resilient and Sustainable MineHub Technologies ’ enterprise-grade digital supply-chain platform connects buyers, sellers, labs, and financiers in a digitally integrated workflow that is usable, shareable, verifiable and perhaps most importantly, unforgeable. By using MineHub ’s platform to digitize their supply chains, companies can see and manage their operations in real time, making them stronger and more flexible. They can also automatically handle Environmental, Social, and Governance (ESG) reporting, which is becoming more and more essential as nations combat climate change. MineHub helps get rid of old manual processes, helping companies operate more efficiently, reduce costs, enhance security, optimize working capital, and achieve greater transparency throughout global supply chains. MineHub ’s proven technology has already caught the attention of global mining giants like Capstone Copper, Sumitomo Corporation and Codelco, which are using the platform for logistics, compliance, trade management, and financing operations. On March 19, MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) expanded its partnership with Sumitomo, one of the largest integrated trading companies in the world, to further solidify their collaboration in promoting commercial growth and integrating Sumitomo's refined copper operations into the MineHub platform. This development builds on the initial partnership that started in February 2022, marking a significant advancement in the relationship between the two firms. MineHub Technologies solidified a commercial relationship with Sumitomo in August 2022 when the global trading giant subscribed to MineHub’s platform and enterprise applications as a paying client. This partnership took a significant step forward in June 2023 when Sumitomo invested $1 million into MineHub. This investment aimed to fast-track their shared objective of digitizing the metal concentrates market. It was strategically intended to bolster the adoption of MineHub 's platform and its Concentrates Application, positioning it as the new standard for settling metal concentrate transactions. With this recently announced expansion, Sumitomo will not only support sales initiatives but also contribute to increasing the commercial presence of the platform, extending its involvement beyond the concentrates business. This broader collaboration underscores Sumitomo's trust in MineHub 's ability to add value across various aspects of the metals market. MineHub Technologies also recently launched its platform with Codelco, the world’s largest copper producer. Following the three-year contract awarded on August 9, 2023, MineHub implemented and went live with Codelco, revolutionizing efficiency and transparency in mining. The partnership aims to digitize Codelco’s global refined copper business, validating MineHub ’s technology. Through MineHub ’s advanced platform, Codelco enhances visibility, traceability, and operational efficiencies, improving the overall customer experience. MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) also recently announced enhancements to its platform with the launch of its Business Confirmations Module, a digital tool designed to streamline the contract execution process. This innovative software enables efficient negotiations, reduces errors and disputes, and improves internal compliance. By providing a centralized platform for sharing structured contract terms, MineHub 's module simplifies and standardizes the negotiation workflow, enhancing efficiency in contract negotiations. Key features include streamlined negotiations, reduced errors, and improved internal compliance. The module is now available to all MineHub customers, following extensive testing and rollout to select customers. In December 2023, MineHub entered into a strategic partnership with leading mining and commodity analysis labs, including ALS Global. This collaboration streamlines the assay exchange process, offering users a seamless digital solution for shipment nominations. Integrating multiple labs into the MineHub ecosystem enhances the value proposition to the supply chain, particularly for large mining companies, helping accelerate workflows, reduce manual efforts, and maintain transparency. This integration allows MineHub to incorporate chemical results of commodities being assayed, providing unparalleled benefits to its customers. As we navigate the digital transformation that is reshaping industries worldwide, MineHub stands out as a leader in revolutionizing the traditionally paper-reliant mining sector. By offering streamlined SaaS solutions for critical functions such as order collaboration, ESG reporting, and assay exchange, MineHub Technologies not only demonstrates its advantage but also its growing influence on a global scale. Click here to learn more about MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD). Footnotes: [1] https://www.bnnbloomberg.ca/copper-producer-aurubis-says-metal-scam-cost-it-185-million-1.1973337 [2] https://www.reuters.com/markets/commodities/glencore-cuts-ties-with-chinese-trader-caught-up-scandal-over-missing-copper-ft-2022-08-12/ [3] https://www.businessinsider.com/jpmorgans-nickel-bags-turned-out-to-filled-with-stones-2023-3 Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Minehub Technologies Inc. Market Jar Media Inc. has or expects to receive from Minehub Technologies Inc.’s Digital Marketing Agency of Record (Native Ads Inc) one thousand seven hundred USD for this article. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Minehub Technologies Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Minehub Technologies Inc.’s industry; (b) market opportunity; (c) Minehub Technologies Inc.’s business plans and strategies; (d) services that Minehub Technologies Inc. intends to offer; (e) Minehub Technologies Inc.s milestone projections and targets; (f) Minehub Technologies Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Minehub Technologies Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Minehub Technologies Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Minehub Technologies Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Minehub Technologies Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Minehub Technologies Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Minehub Technologies Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Minehub Technologies Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Minehub Technologies Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Minehub Technologies Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Minehub Technologies Inc.’s business operations (e) Minehub Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Minehub Technologies Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Minehub Technologies Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Minehub Technologies Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Minehub Technologies Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Minehub Technologies Inc. or such entities and are not necessarily indicative of future performance of Minehub Technologies Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

March 19, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Novidea’s New Product Release Offers New Features for its Insurance Management Platform for Customers in all Markets

Novidea

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, wholesalers, and carriers, today announced its latest product release with key enhancements for customers across all markets served by Novidea. The most recent iteration of the Novidea insurance management platform brings forth advancements in policy management, claims administration, billing, accounting, document and file management, and other key areas. Novidea delivers on its commitment to continually invest in innovation and maintain its competitive edge for its global customer base. Some highlights of these new features include: Policy Management – The release brings forward key enhancements to features, including vertical placement allowing to record policies with differing premiums per carrier without splitting the placement into separate policies. Additionally, bordereau file ingestion is now supported, providing automation of policy creation and management for binder/lineslips where a 3rd party (e.g. coverholder) is providing risk or premium information through a bordereau. Enhanced functionality also includes upgrades to the deductions and taxes functionality and much more. Claims Management – Brokers can now experience a streamlined approach to linking claims that were raised for the same incident or share common attributes, to a group or a Lloyd’s catastrophe. Furthermore, CLASS (Claims Loss Advice and Settlement System) messaging is now available, enabling brokers to load claim data and supporting information so that insurers can agree, query and reject claims 'online'. Insurance Business Accounting (IBA) – New functionality includes a ledger view, allowing users to change parameters dynamically and perform advanced actions. Additionally, support for the diffe rent brokerage movement types deliver better transparency and reporting of brokerage movements between booked, earned and realized brokerage. Line-of-Business (LOB) Management – The release introduces several LOB enhancements including the incorporation of state-specific sections following the ACORD standard. Additionally, the submission workflow has been improved to provide efficient creation and management of the submission process, an improved visibility into open quotes, related lines of business, and packages, as well as seamless advanced editing capabilities. Documents and Filing Management – The platform’s core file management module now allows advanced auto-filing functionality. Additionally, filed content can now be associated with a specific Legal Entity (LE) as defined and selected by the user. “Our recent release demonstrates our commitment to continuously innovate and provide improved customer experience,” said Erez Nissim, CTO of Novidea. "We are confident that our data-driven insurance management platform will continue to provide insurance organizations the technology and tools they need to manage complex transactions, drive efficiencies and fuel business growth.” Novidea is sponsoring Insurtech Insights Europe at the InterContinental London – The O2 – on March 20-21 in the panel discussion: “Breaking Down Silos: How digital transformation can unify your company under one vision,” and experts will be available in Stand A4. About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. Using an open API architecture, Novidea’s software platform enables brokers, agents, MGAs, and carriers to modernize and manage the customer insurance journey, end-to-end, and drive growth across the entire insurance distribution lifecycle. The Novidea platform, built to leverage the power of Salesforce’s Big Technology, provides a complete ecosystem spanning every aspect of an insurance business, including a 360-degree view of the customer and all stakeholders, enabling full integration between customer-facing policy transactions and the middle and back offices. Brokers, agencies, and MGAs extract more value from their customer and policy data with actionable intelligence from any device, anywhere. Novidea supports more than 100 customers across 22 countries. Contact Details Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co Simon Hayes +44 7771 516544 simon@nextgencomms.com Company Website https://novidea.com/

March 19, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

4 Stocks Poised To Pop With The AI Surge

SKYX, SNOW, TSM, AMD

Investors keen to seize the potential of artificial intelligence (AI) are eyeing a select group of stocks poised to flourish in the midst of the AI revolution. As AI continues to revolutionize industries and drive innovation, these companies stand ready at the forefront, positioned to harness the immense growth opportunities presented by this transformative technology. The recent surge in investments in AI-related ventures, coupled with forecasts predicting exponential market growth, highlights the burgeoning enthusiasm for AI's potential. Analysts project the AI industry to expand nearly 20-fold by 2030, reaching an astonishing value of $1.8 trillion, fueling a growing interest in AI stocks. From software developers unlocking AI's capabilities to semiconductor manufacturers fueling AI applications with cutting-edge chips, these stocks offer diverse opportunities for investors seeking to ride the wave of AI innovation. In this article, we'll explore four stocks poised to reap significant benefits from the rise of AI, examining their strategic positioning, technological advancements, and growth potential in the dynamic AI landscape. SKYX Platforms Corp. (NASDAQ: SKYX) is at the forefront of integrating advanced technology into everyday living spaces, aiming to make homes and buildings safer, smarter, and more efficient. With a robust portfolio of 77 U.S. and global patents and patent-pending applications, SKYX boasts a comprehensive suite of platform technologies designed to revolutionize the way we interact with our environments. The cornerstone of SKYX's innovation lies in its commitment to high-quality and user-friendly designs, spanning various domains from lighting to home décor. In September 2023, SKYX achieved a significant milestone with the issuance of five new utility patents in the U.S. and international markets, solidifying its position as a trailblazer in advanced and smart technologies. One of SKYX's most notable achievements is its initiative to standardize safety with the National Electrical Code (NEC), revolutionizing electrical installations and enhancing overall safety standards. Spearheaded by industry leaders Mark Earley and Eric Jacobson, SKYX's code team is dedicated to mitigating hazards and ensuring unparalleled safety across residential and commercial environments. Financially robust, SKYX boasts $23.7 million in cash, cash equivalents, restricted cash, and investments, providing a solid foundation for growth and innovation as of June 30, 2023. The renewal of a five-year global licensing master service agreement with GE Technology Development, Inc. further amplifies SKYX's reach and influence in the industry, enabling effective monetization of its technologies while safeguarding intellectual property rights. At CES 2024, SKYX unveiled its patented All-In-One Smart Platform, a groundbreaking solution designed to transform homes into smart living environments seamlessly. This comprehensive platform integrates scheduling, energy-saving modes, and emergency functionalities, offering unparalleled convenience and efficiency. In addition to its technological advancements, SKYX's commitment to safety and innovation extends to its proprietary patented platform technologies for smart home and electrical installations. Notably, SKYX’s Sky Plug-Smart technology revolutionizes electrical installations with its "plug and play" installation of weight-bearing electronics, significantly simplifying and enhancing safety standards. The inclusion of the Sky Ceiling Receptacle in the NEC Code Book marks a significant milestone, reinforcing SKYX's commitment to safety and innovation. The receptacle's unique design reduces potential exposure to wires and streamlines installation processes, setting a new standard for electrical installations. With endorsements from professional bodies like ANSI/NEMA and the American Institute of Architects, SKYX's proprietary technology is poised to become the new standard for home and building electrical installations. Additionally, SKYX revealed that management will participate in the 36th Annual ROTH Conference, taking place from March 17 to 19, 2024, in Dana Point, California. Founder and Executive Chairman Rani Kohen and Co-CEO Lenny Sokolow will host one-on-one and group meetings with institutional investors and analysts on Monday, March 18th, and Tuesday, March 19th. For investors seeking opportunities in AI and smart home technology, SKYX presents a compelling investment opportunity. The company's disruptive technologies, strategic partnerships, and relentless pursuit of innovation position SKYX as a frontrunner in the smart living revolution, promising unparalleled safety, convenience, and efficiency for generations to come. The surge in demand for AI services has propelled chip stocks into the spotlight, with graphics processing units (GPUs) playing a crucial role in training and running AI models. While Nvidia has dominated the GPU market, competitors like Advanced Micro Devices (NASDAQ: AMD) present compelling investment opportunities with their strong foothold and promising outlook in AI. For over 50 years, AMD has been at the forefront of innovation in high-performance computing, graphics, and visualization technologies. Its products are trusted by billions of people, leading Fortune 500 companies, and cutting-edge research institutions worldwide. As Nvidia's biggest threat in AI, AMD commands the second-largest market share in GPUs. Despite joining the AI landscape later than its rival, AMD has refocused its efforts to prioritize this burgeoning industry, positioning itself for significant growth in the years ahead. In December, AMD unveiled its MI300X AI GPU, directly challenging Nvidia's offerings. This move has already attracted attention from tech giants like Microsoft and Meta Platforms, signaling a promising start for AMD in the AI market. AMD's ambitions extend beyond GPU market share. The company aims to carve its own niche within AI by emphasizing AI-powered PCs. With AI integration driving a projected surge in PC shipments, AMD stands to benefit from this trend. Analysts project a bright future for AMD, with its free cash flow exceeding $1 billion last year. Projections indicate potential earnings of over $7 per share in the next two fiscal years, translating to a stock price of $383 based on forward price-to-earnings ratio (P/E) metrics. With a forward-looking approach and growing prospects in AI, AMD offers investors the opportunity for substantial returns. Considering its current trajectory, AMD could see its stock price surge by 96% by fiscal 2026, making it a compelling investment choice for those seeking to capitalize on the AI revolution. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) stands as a global leader in the semiconductor foundry business, providing cutting-edge integrated circuit solutions. With its state-of-the-art facilities and unparalleled expertise, TSM plays a crucial role in enabling the advancement of artificial intelligence (AI) technologies worldwide. As the demand for AI services continues to surge, TSM's position in the market remains robust. The company's specialization in complementary metal oxide silicon (CMOS) wafer fabrication processes allows it to produce high-performance chips tailored for AI applications, including logic, mixed-signal, radio frequency, and embedded memory semiconductors. TSM's strategic partnerships with industry giants such as Apple, NVIDIA, and Qualcomm underscore its significance in the AI ecosystem. These collaborations leverage TSM's advanced manufacturing capabilities to develop AI hardware solutions that deliver superior computational performance and efficiency. Recent financial reports highlight TSM's strong performance amidst the growing demand for AI chips. In its February revenue announcement, TSM reported NT$181.65 billion (US$5.78 billion), representing a month-over-month decrease of 15.8% due to the Lunar New Year holiday. However, this figure marked an 11.3% increase compared to the previous year. Additionally, consolidated revenue for the first two months of the year amounted to NT$397.43 billion, reflecting a 9.4% year-over-year growth. Looking ahead, TSM remains optimistic about its prospects in the AI market. While seasonal effects may impact first-quarter results, strong demand for high-performance computing solutions is expected to drive future growth. The company projects first-quarter revenue in the range of US$18 billion to US$18.8 billion, underscoring its confidence in its ability to capitalize on the growing AI trend. As AI continues to reshape industries and drive innovation, TSM stands poised to play a pivotal role in shaping the future of semiconductor technology. With its track record of excellence and commitment to innovation, TSM remains a key player in the AI revolution, offering investors a compelling opportunity to participate in this transformative trend. Snowflake Inc. (NASDAQ: SNOW) is a leading provider of cloud-based data platforms serving organizations worldwide. Its flagship product, the Data Cloud, empowers customers to consolidate data into a single source of truth, enabling actionable business insights, data-driven applications, and seamless data sharing. In the realm of AI, where data reigns supreme, SNOW plays a pivotal role in facilitating efficient data collection, storage, and processing. By providing a robust infrastructure for managing structured, semi-structured, and unstructured data, Snowflake empowers organizations to harness the full potential of AI models. Snowflake stands out as a clear beneficiary of the AI revolution for several reasons. Firstly, its data cloud business model allows customers to collect and store data efficiently, regardless of its structure. This data can then be utilized internally for AI models, integrated into other software applications, or monetized through the Snowflake marketplace. Moreover, Snowflake's seamless integration with major cloud providers offers flexibility and mitigates vendor lock-in risks. This neutrality enables clients to switch between providers or maintain multiple contracts, ensuring optimal terms and avoiding unreasonable agreements. Customer satisfaction is paramount for SNOW, evident in its impressive financial performance. In the fourth quarter of fiscal year 2024, Snowflake achieved a net revenue retention rate of 131%, indicating strong spending expansion among existing customers. Additionally, the company boasts a high Net Promoter Score (NPS) of 67, reflecting exceptional customer satisfaction levels. In a significant development, Snowflake announced a global partnership with Mistral AI, a leading provider of AI solutions in Europe. This multi-year partnership aims to deliver Mistral AI's powerful language models directly to Snowflake customers in the Data Cloud. Through this collaboration, Snowflake customers gain access to Mistral AI's cutting-edge language models, including Mistral Large and Mixtral 8x7B. These models offer unparalleled performance in tasks such as code processing, document analysis, and multilingual communication. Snowflake's commitment to advancing AI innovation extends beyond its customer base. The company recently joined the AI Alliance, an international community dedicated to promoting open, safe, and responsible AI development. Through this alliance, Snowflake aims to foster AI innovation while addressing ethical and societal implications. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by SKYX Platforms Corp. to assist in the production and distribution of content related to SKYX. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://razorpitch.com

March 19, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

NCMA's Announces New Members to their National Committee

National Contract Management Association

At the National Contract Management Association (NCMA), the focus on providing high-quality resources— events, professional certifications, local networking, and the ANSI-approved Contract Management Standard™ —that positively advance and expand the contract management profession remains the top priority. To help to continue strengthen the association’s strategic direction and growth, NCMA is excited to announce its new National Committee Members, who bring a wealth of experience and expertise to guide their endeavors forward. “Our National Committee Members are essential in providing a platform for meaningful planning and growth for our members and association,” said NCMA’s Board-Chair Elect, Heather Gerczak. “They will be instrumental in inspiring innovation and refining our strategy. I am thrilled to welcome our new members and am excited to collaborate in Program Year 2025.” The National Committee members are seasoned professionals with impressive track records in their respective fields. NCMA welcomes: Joann Campbell-Maher, CPCM, CFCM, CCCM, Director of Contracts, SRC Inc., Chapter: Leatherstocking Chapter Will Cannon, Director of Business Operations, General Atomics Chapter: San Diego Jim Doss, Fellow, CPCM, CFCM, Director of Contracts, BlueHalo, Chapter: Tysons Derek Ebona, CPCM, Chief of the Contracting Office, Program and System Support for Contracting and Procurement Office, Defense Counterintelligence and Security Agency, Chapter: Tysons Jessica Johnson, CPCM, CFCM, VP, Services Contracts at Red River Technology, Chapter: Dulles Corridor Wanda Wallace, CPCM, CFCM, Senior Contracts Manager at Magellan Federal, Chapter: Jacksonville This year’s National Committees Members were elected through a competitive application and voting process. These members make a lasting impact on NCMA. The Committees are made up of five groups including audit and risk, governance and ethics, member engagement, professional development and certification, and strategic planning. All who have served have played an instrumental role in helping to shape the associations’ strategy and direction. The National Contract Management Association (NCMA) – www.ncmahq.org – has grown as a professional society whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

March 19, 2024 05:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

HTX and Poloniex Elevate Exchange Security with FearsOff Partnership

HTX

HTX, together with Poloniex, announces a new partnership with Dubai-based cybersecurity firm FearsOff, known for its elite team of offensive security researchers, specializing in offensive attack analysis and protecting crypto-exchanges. This partnership aims to improve HTX and Poloniex’s existing security infrastructure with asset and data protection by integrating FearsOff’s specialized expertise. This partnership reflects an ongoing commitment to ensuring the safety of user assets and data by addressing specific security challenges collaboratively. The Chief Operating Officer at FearsOff, Marwan Hachem, commented on this partnership "We’re thrilled to partner with HTX and commend its leadership for taking proactive measures to be one step ahead of future threats. Often, the best defense is a good offense; this collaboration enables us to identify and neutralize potential vulnerabilities before malicious hackers can exploit them, thereby preventing future breaches." About HTX: Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. About Poloniex: Founded in January 2014, Poloniex is a global cryptocurrency exchange that supports spot and futures trading. With a world-class trading platform, Poloniex received funding from H.E. Justin Sun, Founder of TRON, in 2019 to widen its international customer base. Poloniex now provides services in over 100 countries and regions, in various languages. In 2022, Poloniex launched its new trading system with higher speed, stability, and usability. Joining hands with TRON, which is the national blockchain for the Commonwealth of Dominica with TRX granted statutory status as legal tender in the country, Poloniex will continue on its mission to connect users to the power of cryptocurrency. About FearsOff: Prior to its official Dubai debut in 2022, the FearsOff core team of veteran ethical hackers collaborated for over 15 years on hundreds of projects. FearsOff is rapidly positioning itself as the first choice security vendor for top exchanges. Its proven superior capabilities propelled it to the #1 rank on the Binance Hall of Fame on bugcrowd.com, and to the #1 rank on the KuCoin Top Hackers List on hackenproof.com. Participating in bug bounty hunting has been an effective way to showcase the team’s expertise, as results speak louder than promises.https://fearsoff.org Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

March 18, 2024 10:04 PM Eastern Daylight Time

Article thumbnail News Release

LIX and ComAve form an alliance with AFC Ajax: A Milestone Partnership in the ComAve Ecosystem

Rev Up Marketers

LIX, a leading blockchain-based loyalty rewards platform, proudly announces a transformative partnership with ComAve and AFC Ajax. This collaboration represents a significant achievement in LIX's journey within the ComAve ecosystem, reinforcing its mission to redefine fan engagement and commerce across the retail, restaurant, and hospitality sectors. Rooted in the success of its deployment during the FIFA World Cup, the ComAve ecosystem aspires to be the premier global platform for fan engagement and shopping. With a premiership club and Series A team already leveraging the ecosystem to promote bespoke marketplaces for fans to buy retail items, merchandise, and food deliveries, the inclusion of AFC Ajax marks a pivotal expansion of the ecosystem's reach and influence. Central to the ComAve ecosystem's success is LIX, which serves as both the loyalty program and data hub, offering fan engagement features, loyalty rewards, and discount coupons. The native utility token, LIXX, empowers ComAve users to earn rewards for online shopping, as well as for engaging with the clubs and brands within the platform. Incorporating gamification and social media integrations, LIX actively builds fan participation, thereby enhancing the consumer experience and delivering measurable value to merchants within the ecosystem. With its utilization in world-renowned brands through the LIX application, the collaboration with high-profile football clubs like AFC Ajax is anticipated to significantly boost the token's utility. Andrew Doxsey, Co-Founder of LIX, shared, "Securing AFC Ajax marks a significant milestone for the ComAve ecosystem and LIX’s potential as a leading loyalty program provider. Coupled with our involvement in the South American Football Championship fan zones this summer, we're gearing up for an incredibly exciting period ahead. These developments underline our commitment to enhancing the fan experience globally." As LIX continues to expand through strategic collaborations with esteemed clubs and brands, it shows how blockchain projects can make transformative moves within mainstream industries. The partnership with AFC Ajax is a major stride towards realizing a future where the LIXX token is a central element of global brand loyalty. For further information, please visit LIX's website. Website: https://libraincentix.com/index.php Contact Details Libra Incentix Pte Ltd Andrew Doxsey Mail@libraincentix.com Company Website https://libraincentix.com/index.php

March 18, 2024 03:26 PM Eastern Daylight Time

Image
Article thumbnail News Release

Intrusion announces key contract win for Intrusion Shield in Philippines

Intrusion Inc.

Intrusion CEO Tony Scott joined Steve Darling from Proactive to share exciting news about the company's expansion of its key Intrusion Shield SaaS services in the Philippines. This expansion follows the success Intrusion has experienced in the first quarter, with customers in various sectors of the Philippines economy, including natural gas exploration and development, water utilities, and the government sector. The new agreements allow for the broader use of Intrusion Shield protection within these organizations after successful proof of concepts. Scott emphasized that cyber-attacks have been increasing worldwide, underscoring the critical need for effective cybersecurity solutions. Intrusion believes that its Shield products provide cybersecurity teams with enhanced capabilities to identify, deflect, and eliminate new and emerging cyber threats. The company aims to continue this trend in 2024, leveraging reseller agreements to build a robust sales pipeline and focusing on converting existing proofs of value (POVs) and proof of concepts (POCs) into revenue-generating customers. Overall, Intrusion is committed to providing advanced cybersecurity solutions to organizations globally, and the expansion of its services in the Philippines reflects its dedication to addressing the evolving cybersecurity challenges faced by businesses and governments around the world. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

March 18, 2024 01:54 PM Eastern Daylight Time

Video
Article thumbnail News Release

AGBOOST SCALES AI-ENABLED GENETIC DATA ANALYSIS SOFTWARE FOR CATTLE PRODUCERS

AgBoost

After years of product development and field testing, AgBoost announced the global commercial expansion of its cloud-based data analysis platform that helps cattle producers interpret genomic data for selective breeding, health, market value and nutrition management. Despite a 65% increase in U.S. beef herd productivity over five decades, according to United Stated Department of Agriculture (USDA), rising demand for sustainably produced meat and shrinking profit margins underscore the importance of genetic data for herd efficiency. "Too often, cattle producers invest in DNA technology without unlocking its full potential," said Sean Akadiri, founder and CEO of AgBoost, at the 2024 Animal AgTech Innovation Summit and World Agri-Tech Innovation Summit. "Our platform revolutionizes decision-making, empowering ranchers with faster, more precise choices. By putting genetics at their fingertips, we're reducing the average $2,000 loss per calf during breeding and development, giving ranchers a decisive advantage over the competition.” Traditionally, breeding decisions rely on visual appraisals and multi-generation written records of estimated genetic merit. AgBoost's software combines genomic and production data, including live birth weight and diverse phenotypic information, for individual animals. Users can track animals individually or group them, such as in replacement heifer groups. By selecting specific traits, producers gain a comprehensive view to inform feeding, animal health, and marketing decisions effectively. “Genomic testing data can feel like deciphering hieroglyphics to most producers. But AgBoost transforms complexity into simplicity, presenting data in a visual wheel that sparks meaningful conversations. Now, we can swiftly identify the top bulls with complementary traits for desired calves,” said Nick Jorgensen, CEO and CFO of Jorgensen Land and Cattle, who not only licenses the platform for its large seed stock operation but also invested in the company. Seedstock cattle producers depend on analytics for marketing in bull and production sales. AgBoost visually showcases genetic value and identifies DNA-linked traits, like production, maternal, and carcass traits, aiding in sorting and selecting specific characteristics. The tool also allows for scenario planning, including establishing keep/cull lines to distinguish the top and bottom of the gene pool. Poised for Rapid Expansion into New Geographies and Livestock Introduced to U.S. cattle producers in 2018, AgBoost now holds millions of genomic data records for individual cows. With recent patent approvals, the company aims to expand into top-producing markets like Brazil, Canada, China, and the United Kingdom. The global beef market, valued at $526.50 billion in 2023, is projected to grow at a 4.2 percent CAGR by 2030. Currently, AgBoost supports all sizes of seedstock and commercial cow/calf producers, regardless of breed association, with an interactive pedigree and sire link, with a breeding suggestion calculator coming in late 2024. As pioneers in the market, the company intends to broaden individual producer subscriptions, enterprise licensing agreements, and tailor the platform for additional livestock and related industries to meet current demand. For more information, visit www.Ag-Boost.com. About AgBoost Established in 2013 by engineers and cattle producers as a subsidiary of the animal agtech leader, Agric-Bioformatics, Inc., AgBoost pioneers affordable, user-friendly genetic management tools for livestock producers worldwide. Our comprehensive software streamlines the entire process—from ordering tests to interpreting data for actionable insights and creating effective marketing tools. At AgBoost, our mission is clear: to prioritize producers by empowering them to own and comprehend their data, unlocking maximum growth potential for the future. To learn more or request a demo, visit www.Ag-Boost.com. Contact Details AgTech PR for AgBoost Jennifer Goldston jennifer@agtechpr.com

March 18, 2024 12:17 PM Central Daylight Time

Image
Article thumbnail News Release

5 Top Crypto Presales to Invest in 2024 (March Updated)

Spark Metro

The cryptocurrency world acts as a breeding ground for fresh concepts, with new and innovative ideas and real-life use cases that can change the world. As a crypto-enthusiast or investor, it isn't easy to analyze each of the Top Crypto Presales to Invest in 2024 and make an investment decision at the right time. Crypto pre-sales are an exciting opportunity. These early funding stages offer investors a chance to enter promising crypto projects at discounted prices, potentially earning substantial profits when the tokens are listed on the Crypto exchanges. Are you intrigued by the gains that a crypto presale can offer? Do you want to learn about the best presale options currently available in the crypto world? Then read this article and explore 5 of the hottest crypto presales in 2024! 5 Top Crypto Presales to Invest in 2024 Here are the List of 5 Top Crypto Presales you must invest in 2024! 5thScape X Mining WESP Yotta Chancer Let's dive deeper into these 5 Top Crypto Presales to Invest in 2024 and understand how they are trying to establish themselves in the crypto market! We would also study why investors should consider presales as an ideal investment option. 1. 5thScape The ambitious vision behind the 5thScape project is to build an all-encompassing VR ecosystem with immersive gaming experiences, entertainment options, and educational programs. The ongoing crypto presale offer of the 5SCAPE tokens offers investors a chance to grab this ecosystem’s “lifeblood” tokens at affordable pricing. With the VR industry gaining a broader market space, the 5thScape’s VR ecosystem will set its 5SCAPE utility token up as a hot commodity in the crypto market. 2. X Mining The X Mining project is for all those crypto-enthusiasts who want to get into crypto token mining but find it too complex! This project will change how people mine crypto tokens by allowing its users to mine them using readily available computing power. With a project like X Mining, anyone can become a crypto miner, whether they have technical expertise or not! This inclusivity and the potential for consistent earnings makes X Mining a presale worth considering. 3. WESP The WESP platform offers a multi-layered, AI-powered experience unlike anything before. With a built-in app store, WESP promises a world of striking possibilities and engaging interactions. Their goal? To make the metaverse accessible for all. WESP removes the technical obstacles for an individual getting into the metaverse. The user-friendly platform includes automated building design tools and facial recognition avatar creation. Their presale provides investors access to WESP tokens. As an ERC-20 token, the WESP utility token will fuel transactions and interconnections within the WESP ecosystem. 4. Yotta Can a crypto project take serious initiatives that could be the need of the hour, like saving our planet? At least the Yotta project has taken this responsibility on its shoulders! With a noble cause to save Earth, Yotta is committed to contributing to sustainability and has a long list of policies they adhere to. This presale is bringing the YOTTA tokens to the crypto space. These tokens are the key to the Yotta platform, functioning as currency for purchases, offering benefits for holding them, and even rewarding holders with a portion of the profits generated by the platform. 5. Chancer The crypto space doesn't have to be all serious business. Chancer injects a dose of fun with its presale offering for its utility token, CHNC. With this token, you can make P2P (peer-to-peer) bets on exciting events like the FIFA World Cup. You can also make casual bets among your friends and have enjoyable, lighthearted moments within the platform. Why Investors Should Consider Presales as an Ideal Investment Option: Crypto tokens presales offer several unique advantages for investors. Here are a few key reasons to consider participating in the top crypto presales: Early Access & Lower Costs: Presales typically offer tokens at a discounted price compared to their future exchange listing. This allows investors to get in on the ground floor with potentially higher returns. Project Discovery: Presales provide a window into the future of blockchain technology. By exploring presales, you can identify promising projects with the potential to disrupt various industries. Community Building: Participating in a presale often grants a project's dedicated community access. This lets investors connect with like-minded people and stay informed about the project's progress. Why We Believe In 5thScape Presale Among the presales discussed in this article, 5thScape stands out for its focus on building a comprehensive VR ecosystem. With the virtual reality market set for explosive growth, 5SCAPE tokens have the potential to become a valuable asset within this growing space. Final Words on Top Crypto Presales to Invest in 2024 Crypto presales are as exciting as possible, encompassing more thrill than traditional crypto investments. By keeping a keen eye on these early funding stages, you can unearth the next generation of groundbreaking "gems" - the top crypto projects and unlock the potential for significant returns. Remember, the key is to go through a series of research on a crypto token and choose projects aligning with your investment goals and risk appetite. So, dive into the exciting world of presales and be a part of shaping the future of cryptocurrency! Contact Details Newsjani Alex +1 302-597-6768 Apexreviews154@gmail.com Company Website https://newsjani.com/best-crypto-presales-to-buy/

March 16, 2024 01:52 PM Eastern Daylight Time

Image
1 ... 9596979899 ... 646