Technology

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

AI's Promise On Display: BEN Collaborates With SAIL, Of Weill Cornell Medical Center, To Explore AI For Training Doctors, Improving Patient Outcomes

Benzinga

By Meg Flippin, Benzinga AI is taking off and that’s not lost on Brand Engagement Network Inc. (NASDAQ: BNAI) investors. The maker of AI assistants and avatars just closed a private placement, raising $4.95 million from a group of existing investors. That gives BEN the firepower to continue to develop its AI assistants in-house and through buys. With its human-like AI assistants, BEN is improving businesses’ customer service, productivity and performance, going after markets with a massive workforce gap and an opportunity to transform how consumers engage with networks, providers and brands. The company’s secret sauce is a broad portfolio of conversational AI applications that drive better customer experience, increased automation and operational efficiencies. Take its virtual adherence assistant for the healthcare industry as one example. BEN says its conversational AI can improve patient experiences and medication understanding, leading to better outcomes. Or its “Remember Me” technology which syncs digital and physical interactions for an integrated, personalized customer experience. Investor Show Of Confidence Those advances and many others the company has made since launching its U.S. business in 2018 underpin the why of the recent deal with its existing investors. “The private placement represents a powerful vote of confidence in our strategy from our board, executive team and our existing investors,” said Chairman Chris Gaertner. “This investment will allow BEN to continue to fund its business plan as it seeks to execute on its growth and revenue strategies.” The investment comes as the AI market is taking off, as new use cases validate this transformational technology. The AI market is forecast to soar to $1.3 trillion in the years to come, growing at a CAGR of 42% over the next decade. Rising demand for generative AI products could add about $280 billion of new software revenue, driven by specialized assistants, new infrastructure products and copilots that accelerate coding. Not only did the investors double down on BEN, but they were willing to do so at a premium, purchasing warrants and stock at $2.50 a share – materially above where shares were trading at the time. Some of the investors agreed to provide BEN with additional capital through the exercise of their warrants if the company is unable to raise an additional $3.25 million by October 31, bringing the total investment to $8.25 million. That gives BEN a lot of capital to use to strike up partnerships and make buys. Deep Management Bench It's an area that Michael Zacharski, now co-CEO of BEN after the promotion of Paul Chang to the newly created role of co-CEO, will head up. Zacharski has more than 15 years of experience in the tech industry, making a name for himself for his ability to drive growth, optimize operations and spearhead M&A. “This is a pivotal time for the AI industry, and we’re excited about the prospect of partnering with organizations that complement our vision and capabilities,” said Zacharski. “I am excited to focus on furthering the company’s M&A strategy, which we believe will be core to our business strategy moving forward.” Chang, who has been global president since May 2023, will oversee commercial operations as co-CEO, focusing on validating the market and growing the business commercially. Chang spent 18 years at IBM (NYSE: IBM) creating new markets for emerging technologies as well as several start-ups. “I am thrilled to take on the role of co-CEO,” said Chang. “As we transition into delivering value to our customers by commercializing our safe and comprehensive Gen AI Platform, BEN is well positioned both financially and technologically to execute our plans. With our unique design and architecture as well as portfolio of patents, we hope to demonstrate to the market that our AI Assistants are ready to contribute to businesses in areas that can increase CX, help to complete tasks and fuel their growth.” Rounding out the C-Suite at BEN is Chief Financial Officer Bill Willams. Williams brings over twenty years of experience in corporate finance, legal, technology and management consulting to BEN. He is an expert in driving growth, innovation and value creation for emerging growth companies. AI is taking off, and BEN wants to be a leader in helping businesses streamline operations and enhance customer service with this transformational technology. With fresh cash in its coffers and the backing of a supportive board and investors, BEN seems like an AI story to follow. Featured photo by Steve Johnson on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 10, 2024 08:45 AM Eastern Daylight Time

Image

In A Show Of Confidence For OneMeta's AI Technology, Microsoft Adds Verbum For Teams To Its App Stores

Benzinga

By Meg Flippin, Benzinga OneMeta Inc. (OTCQB: ONEI), the AI-powered translation and transcription services company, is making strides in removing language barriers for businesses and consumers. The company recently announced its Verbum for Microsoft Teams was added to all of Microsoft Corp.’s (NASDAQ: MSFT) app stores, including Teams Store, Microsoft AppSource and directly via the Azure Marketplace. That’s a big deal for Bountiful, Utah-based OneMeta, which is busy churning out advanced technology that translates and transcribes spoken and written words in seconds across multiple languages. Being added to the Microsoft app stores validates OneMeta’s technology and gives it access to a larger potential customer base. After all, over one million businesses use Teams, including 91% of Fortune 100 companies. “Since OneMeta achieved Microsoft co-sell-ready status, we have seen significant interest from customers who want to apply the Verbum software to their usage of Microsoft Teams in the 140+ languages we offer,” said Saul Leal, CEO of OneMeta. “The certification by Microsoft brings confidence to our clients and to the great work that OneMeta is pioneering in the space. We can bring our AI for translation and transcription to all enterprises without compromising privacy, compliance, and data security.” Crashing Language Barriers Thanks to the internet, businesses big and small are increasingly global. Whether customers are based around the globe or employees are living in far-flung corners of the world, being able to communicate regardless of their language is key to growing and thriving. It's why the AI translation and transcription industry is growing. In 2023, the global natural language processing market was valued at $24.10 billion. By 2032, it is expected to reach $158.04 billion, growing at a CAGR of 23.2% during the forecast period. OneMeta wants to be a leading player in the space, translating in near real-time whether users are attending a live event, participating in an online meeting, or talking on the phone. Thanks to its proprietary NLP technology, the company specializes in breaking down linguistic barriers in a multilingual world. It ensures fast and accurate translations and transcriptions. OneMeta recently reduced the translation and transcription speed of over 150 languages and dialects to less than 200 milliseconds. Augmenting Microsoft Teams While Microsoft Teams provides live captioning capabilities in various languages, OneMeta said Verbum enhances that by delivering simultaneous interpretation across over 140 languages by harnessing state-of-the-art AI. With Verbum for Teams, multilingual groups can truly come together in meetings. Each attendee chooses the language they are speaking in and the language they want to see captions and chat in. As each person speaks in their preferred language from a list of 95+ languages, it is translated in near real-time for the rest of the group. OneMeta says Verbum for Teams is meticulously designed for seamless integration with Microsoft Teams to ensure all participants in video conferences and collaborative engagements can interact smoothly, transcending language barriers. That can empower organizations to cultivate more inclusive and engaging interactions, augmenting the inherent functionalities of Microsoft Teams and expanding the scope of communication possibilities while maintaining an optimal user experience, said OneMeta. "Now that Verbum for Teams is available on the Teams store, AppSource Marketplace, the Azure Marketplace, and the Microsoft Certification has been published, we expect to see Verbum's adoption and growth by organizations that need multi-language translation and transcription,” Alessandro Balzarelli, Director at Microsoft Industry Solutions Engineering, said. “Verbum empowers Microsoft Teams users to be more efficient and more inclusive within their own organizations and with their own customers." Communications are the backbone of businesses, whether they are local or operating internationally. OneMeta recognizes that and is developing products to help people do that regardless of their language or platform. Verbum for Teams is a perfect example of that effort. Being part of the Microsoft family goes a long way in showcasing OneMeta’s AI prowess. Featured photo by Dimitri Karastelev on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 10, 2024 08:25 AM Eastern Daylight Time

Image

Italian Founders Fund raises inaugural €50m for seed and pre-seed startups

Italian Founders Fund

Italian Founders Fund (IFF), the first-ever Italian Venture Capital fund created by founders, for founders is today announcing the launch of its debut €50m fund. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, IFF is driven by a shared goal: empowering Italy’s next generation of exceptional talent and digital innovation. With over €50 million of entirely private capital raised, the fund was born as a direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. Italian Founders Fund’s investment strategy focuses on being the lead investor in the pre-seed and seed rounds of innovative startups led by Italian founders, whether operating in Italy or abroad, while also being able to target foreign startups interested in entering the Italian market. IFF is led by Lorenzo Franzi, former partner at Global Founders Capital. Lorenzo brings a remarkable international professional background, ranging from investment banking to experience as the founder of a digital startup. After many years abroad, Lorenzo has returned to Italy to launch the fund by partnering with a group of the best Italian founders. Lorenzo Franzi, founding partner at Italian Founders Fund commented: “A new chapter has begun for the Italian Venture Capital ecosystem. We’ve brought over 100 founders onboard, including key figures from Italy’s entrepreneurial and innovation sector, and we also have representatives from the firmly established business owner/investor community. This positions us to set up a truly integrated system that can promote and support Italy’s promising ecosystem both at home and on the global map. We are convinced that by unifying the country's ambitions and talents, we’ll help shape our future economy for the better. “Thanks to the background and network of our founder-investors, we aim to enable promising projects to emerge and grow, transforming untapped potential into companies capable of generating value, change, and jobs. I believe this is a significant sign of maturity for the Italian digital ecosystem, as seen in other countries where the presence of VC funds fueled by private capital and the experience of successful founders is a clear indication of a maturing and growing ecosystem.” The fund, housed within the management company Koinos Capital SGR, stands out on the peninsula for its uniquely collaborative community approach. In addition to funding, IFF offers its portfolio companies the expertise, experience, time, and network of a diverse and highly qualified investor base. Within the IFF, founder investors also actively participate in the process of identifying investment opportunities and analyzing them, allowing the investment team to gain an even deeper understanding of the sector and the challenges faced by target companies. By becoming the top investment network for ambitious Italian founders, IFF will serve as a privileged gateway for international funds looking to invest in Italy, facilitating co-investment from the earliest stages. IFF aims to complete 25 transactions over its investment period, with initial investments ranging from €500,000 to €1.5 million and the possibility of accessing an additional €2.5 million in subsequent rounds. From the very beginning of its fundraising stage, the initiative has registered remarkable interest, allowing the fund to quickly finalize its first two investments. The first announced investment is in Jet HR, a tech company focused on removing the pain of HR management bureaucracy. This investment marked the largest pre-seed round in Italy, with IFF co-investing alongside Exor Ventures. And it’s paying off: in just a few months since its official launch, JetHR has already achieved €1 million in annual recurring revenue, positioning itself among the top 10% of Software as a Service startups in the world when comparing rapid growth. IFF’s second investment has been made in Glaut, aiming to improve the market research and surveys sector using artificial intelligence. Glaut's round involved the participation of various international funds and angels. Beyond these completed deals, three new transactions are currently in the finalization stage. Marco Ogliengo, founder and CEO at Jet HR added: “So many VCs claim there's more value than just the money but, too often, founders are left shortchanged on value. IFF is unique, however, as it's backed by basically every successful Italian founder, and the partners are founders themselves. It's a very powerful network, giving you better access than any other VC in Italy can today." Marco Morgese, CEO of the management company KOINOS Capital SGR commented: "This type of founder-led fund is already prevalent in markets where innovation is at the forefront of industrial development policies. We see them in the USA with Founders Fund, which has been around for almost 20 years, as well as in Europe where 10x founders operates in Germany, Galion.exe in France, ByFounders in Scandinavia, and Dutch Founders Fund in the Netherlands. Given the crucial role of innovation in the country's industrial development, the IFF project represents the natural evolution of Koinos. We have been transitioningfrom a private equity fund supporting small and medium-sized Italian businesses to a multi-asset platform encompassing both private equity and venture capital, all while maintaining a strong entrepreneurial spirit.” About Italian Founders Fund Italian Founders Fund (IFF) is the first-ever Italian Venture Capital fund created by founders, for founders. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, the fund was born in direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. IFF is driven by a shared goal: to invest in and empower Italy’s next generation of exceptional talent and digital innovation. For more information please visit https://italianfoundersfund.com/ or follow via LinkedIn. Contact Details Italian Founders Fund Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://italianfoundersfund.com/

June 10, 2024 08:00 AM Eastern Daylight Time

Image

Dogwifhat Hype Cools Down: Holders Jump Ship To Floki And Viral AI Meme Coin Raboo!

Total Media

Following the surge of meme coins into the digital space, crypto holders have now seen an opportunity to make an investment and get great returns. Because the value of these coins is rising quickly, it is hard not to see a crypto enthusiast who has yet to invest in at least one. These coins are an excellent market opportunity and many of them have proven to be of great value to investors who hold them. Two exciting meme coins held by many investors today include Dogwifhat and Floki. These coins, just like many other meme coins, have been invested in before their launch date and have turned out to be valuable. But with a new meme coin, Raboo, coming into the market space, you could even get a much greater return. The returns are so promising that the value of the coin can rise 233% in its presale token on launch day. Watch out for Raboo! Dogwifhat Holders Are Looking For Alternatives Dogwifhat is a popular meme coin held by many investors and there has been an uptrend in its value judging from when it started. However, the trend in the value of Dogwifhat recently hasn't favored those who hold this coin, especially recent buyers. The value of a Dogwifhat is $3.43 and in the last 24 hours, there has been a 2.3% drop in value. The recent bearish movement of the coin has made the coin holders fear that they might lose a lot and has caused them to look for better options that will give them a better return on their investment. Floki Rises 30% in Value Following the latest uptrend, Floki has hit the highest value it has ever been since its launch. This rise has exposed the Floki to the general public and has made it one of the best coins to buy now in 2024. The value rise of Floki has caused crypto enthusiasts to invest their money into it. However in the last 24 hours, there has been a 4.6% drop in value and the coin now trades at $0.00031 per token. Recent buyers hope the recent drop in value is just a glitch and expect that the uptrend will continue. They also won't pass on the opportunity to invest in other meme coins that show a promising future. Raboo Storms The Market Raboo is a top digital coin built by the best developers. It is a new AI meme coin expected to burst into the crypto market soon. Experts say Raboo is one of the best coins to buy now especially if you are a newbie in the crypto world or a veteran hoping to make the most of meme coins. The exciting thing about Raboo is that you don't have to wait till its launch day before you make returns. Raboo holders can grab exciting $RABT tokens and win exclusive rewards when it is launched into the market. Raboo has been looked into by many analysts and they have given nothing but positive reviews. They predict that Raboo will overtake many meme coins including Dogwifhat and Floki before the end of 2024 and in years to come, it will be one of the leading coins in the market. At the moment, Raboo’s presale token goes for $0.0048 and it's in the fourth Stage of presale. There are already over 8,000 registered users and you can be a part of this great community. Be a part of this community and earn while you interact. Conclusion Investors of Dogwifhat and Floki now see Raboo as a better option to invest in. Aside from earning, Raboo comes with extra benefits that you shouldn't miss out on. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 09, 2024 12:00 PM Eastern Daylight Time

Image

Ripple Selling 400m XRP, Price Dump Incoming? JASMY Fluctuates As Investors Shift To New Viral Contender

Total Media

The longstanding Ripple (XRP) lawsuit is affecting XRP's trading price, and its investors are getting agitated. Apparently, Ripple could be facing a long year in the crypto market with all the token dumps this year. The other option is not so great either, as JasmyCoin's recent pumps and dips have left the long-term users in doubt. Here's a bit on the upcoming meme giant. Ripple is facing even grimmer times ahead in the crypto market If you thought XRP was in bearish waters, the next few weeks are about to get rougher. And it has a lot to do with the ongoing legal battles with the Securities and Exchange Commission. Already, Ripple's place among the top altcoins is threatened. About two weeks ago, some whale accounts dumped their tokens on BitStamp and Bitso, amounting to about $50 Million worth of XRP. While many thought that it might just be Ripple unlocking more tokens, there's been a more recent three-billion-dollar offload from the Escrow account to Ripple's wallet. The huge Ripple price movements have been suspect among Ripple whales, and there could be sell pressure on the XRP token following such activities. So far, Ripple hasn't offered any explanation for the huge movements, and XRP is still on a 0.33% loss after a largely unremarkable month. JasmyCoin (JASMY) might not be the alternative investors expect JasmyCoin hit the crypto news with its pump two weeks ago, which has helped JASMY to 99% monthly gains. May was a great month for JASMY, but the token fell due to token dumping early in June. DWF Labs deposited about 97 million JASMY tokens ($3.3 million) on Binance over the past three days, resulting in a dip in JasmyCoin's timeframes at every deposit. The cascade didn't end there, as many more JasmyCoin traders have also decided to cash in on the token. The profit-taking has eaten into the JASMY price pump throughout May, and the token is now down to 2.24% on the daily chart. The effects of large token holders could affect traders, and many investors are already off to the next big thing in the crypto market. Thankfully, it's not too far away; Raboo's presale is here! Raboo is a more consistent bullish option for summer traders Raboo opened the summer with $0.003 on its presale, and everyone expects a spike of 233% from the event. The $RABT token has pumped to 60% profits, as each token now goes for $0.0048. The meme project will leverage AI to create memes fit for entertainment. Unlike its meme counterparts, Raboo plans to keep the meme stream fresh every day. With even funnier memes, $RABT is set to become the next best thing in the crypto-verse. The traffic that will hit the platform could bring a pump to outpace Dogecoin's surge in 2021. However, profits are not all Raboo has its sights on. The members of the $RABT community are the first beneficiaries of the ecosystem. They have a chance to monetize their social media posts through Raboo, as the generative AI is on hand to convert all that content into profits. Conclusion The fun part about Raboo is that you can start earning even more $RABT tokens as soon as you get some of yours from the presale. The project is in Stage 4 of presales and going for $0.0048. Stage 1 investors are already pocketed 60% ROI, and Raboo could turn in 100x gains once it lists. With its AI use cases, your Raboo investments are set for life. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 08, 2024 05:55 PM Eastern Daylight Time

Image

HTX Maximizes Your Earning Potential with Simple Earn and Shark Fin Products: Timely Listings and High APYs

HTX

As the spot Ethereum ETF receives approval, Bitcoin surpasses $70,000, and popular meme coins continue to emerge, the cryptocurrency market is signaling the start of a bull run. According to CoinMarketCap data, spot trading volume and futures open interest have been climbing in recent days. Accordingly, crypto earning products often provide higher annualized returns than usual, making them a crucial avenue for investors to boost their yields beyond trading. However, with a wide variety of crypto earning products available in the market, how can investors find the most suitable options? Now, let's turn our attention to the lucrative products of Simple Earn and Shark Fin, designed by HTX, the world-leading crypto exchange, to meet the investment needs of different users. Simple Earn: Trend-Following Listings HTX not only ensures high quality and fast listing of new coins but also keeps its Earn products updated with the market trends. According to HTX's official announcements, the latest additions to its Flexible products include BB, a favorite in the Restaking sector, and trending meme coins, such as GME, SLOTH, and MAGA, granting users up to 10% APY. Currently, the Flexible products feature more than 30 popular assets, including PEPE, BOME, MERL, and WIF, allowing users to enjoy the appreciation of these quality cryptocurrencies while harvesting extra rewards. Additionally, these products support instant subscriptions and redemptions for flexibly allocating assets with the best investment opportunities. Subscription is easy: for web clients, simply log in to the HTX platform and select Earn > Flexible/Fixed from the top navigation bar; for app clients, access Earn > Simple Earn on the homepage. Shark Fin: High Basic APY Shark Fin products are offered by many exchanges, but HTX stands out with its attractive basic APY. As of press, HTX’s 7-day Shark Fin APY ranges from 5.5% to 35%, where each individual can make a subscription of up to 3 million USDT; the 3-day Shark Fin APY from 5.5% to 30%. In comparison, a leading exchange’s 7-day and 3-day Shark Fin APYs range only 5.5%-15% and 1%-6%, respectively. Already, HTX has issued 38 rounds of 7-day Shark Fin and 25 rounds of 3-day Shark Fin, with a total subscription amount reaching $2 billion. Besides high returns, HTX’s Shark Fin boasts an Auto Reinvest feature for effortless subscriptions. With this feature enabled easily, investments in both 3-day and 7-day products can be automatically re-invested into the corresponding 7-day products, making your funds work till you drop for return maximization. Moreover, subscribing to both the bullish and bearish products of the same cryptocurrency will reward you with up to 10% APY, 4% higher than the basic APY. To make subscriptions, go to the Earn page when the subscription is open, click on Structured Products, and select Shark Fin. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 07, 2024 11:41 AM Eastern Daylight Time

HTX Shines at GM Vietnam 2024 and Hosts Web3 Future Night: Spotlighting Crypto Trends, Advancing Global Expansion

HTX

HTX, the world-leading crypto exchange, made a noteworthy appearance at GM Vietnam 2024 as a gold sponsor on June 7. This strategic move marks a significant step in HTX's global expansion efforts, as close connections and cooperations were formed with local blockchain startups, tech teams, and the crypto communities to drive technological innovation and contribute to the growth of the blockchain ecosystem, both in Vietnam and globally. At the event, HTX's booth G6 attracted widespread attention and active engagement from attendees. Additionally, Amelia Chan, head of strategic partnerships at HTX, was invited to participate in a roundtable discussion, themed "Importance of Liquidity in Digital Assets Markets". Chan dived into the measures exchange venues employ to ensure a constant stream of asset flows. Crypto markets are volatile and susceptible to large price swings and abnormal conditions. Chan stated that as a well-established large centralized exchange, HTX has mature experience and resources in dealing with such situations. "We ensure the safety of user assets on the platform, and we maintain a 100% reserve fund to cope with extreme situations. We have implemented powerful risk management systems that monitor market conditions in real-time and identify potential risks," she said. She also highlighted HTX's strict measures in response to extreme conditions, such as price fluctuations, to ensure user asset security. HTX is committed to providing a safe and reliable user experience and continuously monitors and adapts to changing market dynamics. In terms of using digital asset platforms, Chan provided several reminders including enabling two-factor authentication, awareness of phishing websites, staying informed about market dynamics, as well as cautious and diversified investments. Another highlight was the "Web3 Future Night" event held by HTX in Ho Chi Minh City on June 6, in collaboration with well-known media outlet ChainCatcher. The party, buzzing with energy and optimism, brought together Vietnam’s most active crypto KOLs and community members, charting a promising future for Vietnamese Web3 enthusiasts and practitioners. Speakers from HTX, ChainCatcher, LBank, 4E, GoPlus, SOEX, and BTC Beta shared their insights and forward-thinking perspectives on the Web3 industry. GM Vietnam 2024, held from June 7 to 8 in Ho Chi Minh City, gathered globally renowned crypto projects, investors, entrepreneurs, and tech experts to discuss the latest trends and uncover new growth opportunities in the market. HTX has set its sights on the Vietnamese Web3 markets. The move comes amidst a surge of Web3 projects in Vietnam, sparked by wildly popular Axie Infinity in 2021 and subsequently influential startups like Yield Guild Games (YGG) and Ancient 8. That's why Vietnam is rapidly becoming a focal point for the Web3 ecosystem in Asia. HTX holds long-standing interest and support for cutting-edge sectors like meme coins, blockchain gaming, and social finance, and is well-positioned to capitalize on this trend with its efforts to increase user base in Vietnamese markets. The exchange anticipates collaborating with Vietnamese users to explore the crypto infinity. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 07, 2024 11:38 AM Eastern Daylight Time

Brand Engagement Network Announces Private Placement And Promotion Of Paul Chang To Co-CEO

Benzinga

By Anthony Termini, Benzinga Brand Engagement Network (BEN) (NASDAQ: BNAI), creator of a conversational AI technology that develops human-like AI and AI Avatars for personalized customer engagement, recently announced the completion of a private placement from an investor group comprised of exiting investors that raised nearly $5 million in new funding. The deal also lines up more than $3 million in additional commitments from the investor group. According to the chairman of BEN’s board of directors, Chris Gaertner, the new investment will help the company “execute on its growth and revenue strategies.” Gaertner went on to say that this “represent[s] a powerful vote of confidence in our strategy from our board, executive team, and our existing investors.” BEN’s Executive Team Expands With Addition Of Co-CEO The new investment comes at the same time that BEN announced the promotion of Paul Chang to Co-CEO. Chang had previously held the title of global president at BEN. He brings decades of experience creating new markets for emerging technologies at IBM and multiple start-ups. Chang led the expansion of various AI, blockchain, analytics and IoT solutions into new global markets and has key industry relationships within the life science, industrial and retail sectors. “I am thrilled to take on the role of Co-CEO,” said Chang. He added that “as we transition into delivering value to our customers by commercializing our safe and comprehensive Gen AI Platform, BEN is well positioned both financially and technologically to execute our plans.” BEN’s technology seeks to humanize experiences between people and machines through human-like AI avatars. This is a deliberate philosophy of its management. Its board includes former military officers and a former chairperson of the Federal Trade Commission. Why Should Investors Care About Conversational AI? Conversational AI has the ability to recognize, translate, predict, and respond to a given customer’s written or spoken input. Personalized customer engagement improves a company’s efficiency and productivity. More importantly, when the customer service experience makes people feel connected to a company they do business with, it improves customer loyalty, brand perception and overall satisfaction. According to Co-CEO Michael Zacharski, “Now is a pivotal time for the AI industry.” Markets and Markets has also reported that the conversational AI sector is expected to grow to nearly $50 billion by 2030. Zacharski says that the company is excited about the prospect of partnering with organizations that complement its vision and capabilities. Their technology is targeted at consumer products and services companies, automotive dealers and manufacturers, financial institutions, healthcare providers and retailers. While BEN is not the only provider of conversational AI solutions, it is unique in its approach. Personalizing human-machine interaction with the use of friendly AI assistants that can mimic human gestures could be significantly disruptive in a segment of AI that is experiencing rapid adoption. And today, BEN is a leader in creating more empathetic AI experiences. Featured photo by Steve Johnson on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 07, 2024 08:20 AM Eastern Daylight Time

Image

TRON DAO at Consensus 2024 with Exclusive Whale Night Event

TRON DAO

Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem. Consensus 2024: Highlighting TRON’s Innovations Consensus 2024, renowned for its influential role in the blockchain and crypto space, provided TRON DAO with a platform to showcase its latest advancements and strategic initiatives. As a 3 Block Sponsor, TRON DAO actively participated in various sessions, contributing to the dynamic discourse and networking opportunities that the event facilitated. TRON Whale Night 2024: A Stellar Evening of Networking and Innovation Coinciding with Consensus 2024, TRON DAO hosted the exclusive TRON Whale Night 2024 on May 29, 2024, at the luxurious Four Seasons Hotel Austin. This invite-only event got signed up with more than 400+ guests, including top web3 industry leaders and innovators, for an evening of elegance and networking. TRON Whale Night 2024 featured a dinner buffet with TRON signature cocktails, accompanied by a live DJ set, creating a perfect blend of luxury and innovation. With nearly 100 participants in attendance, the event offered an exceptional platform for guests to engage in meaningful discussions and forge valuable connections within the blockchain community. Looking Forward TRON DAO’s participation in Consensus 2024 and the success of TRON Whale Night underscore its commitment to driving blockchain innovation and fostering a robust community. These events provided valuable opportunities to share insights, collaborate with industry peers, and continue the momentum towards a decentralized internet. As TRON DAO continues to lead the way in blockchain technology, stay tuned for more updates on our initiatives and future engagements within the global blockchain community. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2024, it has over 233.71 million total user accounts on the blockchain, more than 7.75 billion total transactions, and over $21.82 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

June 07, 2024 04:09 AM Eastern Daylight Time

Image

1 ... 47 48 49 50 51 ... 643