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Team Internet celebrates milestone year with strong 2023 financial performance; doubles dividend

Team Internet Group PLC

Team Internet Group chief financial officer Billy Green highlights the company's significant achievements in 2023, marking it as a milestone year. Green told Proactive's Stephen Gunnion the firm reported strong growth in revenue and profit across all metrics, with an operating profit of £42.3 million, a 26% increase over 2022. Notably, Team Internet achieved a profit after tax of £24.3 million, a remarkable turnaround from a £2.1 million loss the previous year. This success reflects the company's long-term strategy to deliver real bottom-line profitability and shareholder value. Factors driving this performance include effective partnerships in the ad tech ecosystem, leveraging industry trends, and a commitment to quality in their online presence segment, leading to profitability exceeding industry standards. Additionally, Team Internet proposed doubling its dividend from one pence to two pence per share and plans to continue its share buyback programme, indicating strong financial health and a commitment to returning value to shareholders. Looking ahead, while specific forecasts for 2024 were not provided, Green expressed confidence in meeting market expectations and will release Q1 results in May, offering further insight into its performance trajectory. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

March 27, 2024 07:44 AM Eastern Daylight Time

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Timothy Applegate Elected as Board Chair Elect for National Contract Management Association

National Contract Management Association

The National Contract Management Association (NCMA), dedicated to advancing the contract management profession, proudly announces the appointment of Timothy Applegate as its Board Chair for Program Year 2026, that begins July 1, 2025. A retired Colonel in the United States Air Force, Mr. Applegate brings over 36 years of acquisition and contracting expertise to the role. Mr. Applegate is currently a distinguished member of the Senior Executive Service and Director of the Acquisition Management and Integration Center at Headquarters Air Combat Command (ACC), where he is responsible for overseeing a total acquisition portfolio exceeding $20 billion. A devoted member of NCMA since 1992, an NCMA Certified Professional Contract Manager™ (CPCM™) certificant, Board Member (2018- 2021 and 2023-2024), and Board Advisor (2021-2022), Mr. Applegate is a dedicated and long-standing champion of NCMA and the role it plays in the advancement of the contract management profession. "It is a privilege to serve alongside such esteemed colleagues and I look forward to working with the NCMA's dedicated members and partners,” said Mr. Applegate. Kraig Conrad, CEO of NCMA, added, "Tim's wealth of experience and expertise is truly invaluable to meet our strategic objectives. Over the past six years, he has been instrumental in fostering the growth and evolution of our association through his dedicated service. I am eager to collaborate with him to advance our Common Language Initiative and expand our partnerships to elevate the profession with international standards.” With Mr. Applegate assuming the role of Board Chair-Elect, NCMA is poised to further enhance its programs and standards, ensuring that practitioners receive unparalleled support and opportunities for professional development and certification. The entire NCMA community eagerly looks forward to the transformative leadership that Mr. Applegate will bring to the organization. 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 National Contract Management Assocation Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

March 26, 2024 06:25 PM Eastern Daylight Time

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Weewu Project's Presale is Open for Solana Based Community Gaming Metaverse

Rev Up Marketers

The presale phase of Weewu Token is currently underway, priced at US$ 0.025 per token. Weewu aims to redefine the gaming experience by utilizing blockchain technology to offer true ownership of in-game assets and establish a robust gaming ecosystem. The participation in the presale has been noteworthy, reflecting a genuine interest in the project's potential. Weewu offers users unparalleled speed, security, and scalability, setting a new standard for immersive gaming experiences. By harnessing the power of its native Omni token and the Solana blockchain, Weewu is a metaverse where players can explore, create, and connect. Omni offers unique features with emphasis on interoperability and scalability. Key features of the Weewu platform include: Immersive Virtual Worlds: A universe of endless possibilities, where vibrant landscapes and dynamic environments await exploration. Community-Driven Gameplay: A thriving community of gamers engaged in collaborative quests, and decentralized metaverse governance. NFT Marketplace: Collection of rare digital assets, including in-game items, exclusive artworks, and virtual real estate, all securely stored on the blockchain. OMNI Token Integration: For efficient transacting and trading within the Weewu ecosystem, unlocking new opportunities for digital ownership and value creation. Weewu aims to empower gamers with true ownership of their digital assets by creating a dynamic gaming environment. For more information about Weewu and how to get involved, visit https://weewu.io/ About Weewu: Weewu is a decentralized gaming metaverse powered by the OMNI token on the Solana blockchain. With its immersive virtual worlds, community-driven gameplay, and integration of blockchain technology, Weewu is redefining the future of gaming and digital entertainment. Join us on this exciting journey to explore new horizons and unlock the full potential of decentralized gaming. Contact Details Weewu Samantha Reynolds +44 161 217 4585 contact@weewu.io Company Website https://weewu.io/

March 26, 2024 04:26 PM Eastern Daylight Time

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PetroSky Expands VPS Portfolio to Enhance Android Emulator and BlueStacks Performance

Rev Up Marketers

PetroSky, a trusted name in the Virtual Private Server (VPS) industry, has announced a significant expansion of its product line customized for users of Android emulators and the popular BlueStacks platform. These new VPS for Android emulator solutions are poised to reform how enthusiasts and professionals use these tools, offering unrivalled performance and unwavering quality. The flood in the use of Android emulators of late is attributed to the rising fame of mobile gaming and the need for developers to test their applications across different devices and conditions. These virtual platforms mirror the functionalities of Android devices, empowering developers to debug, test, and refine their applications without requiring actual hardware. As the complexity of mobile applications continues to heighten, developers are looking up to VPS solutions to augment their development workflow further. A primary advantage of VPS solutions for Android emulation lies in the seamless execution of resource-intensive applications such as BlueStacks. BlueStacks, a favoured Android emulator among gamers and app developers, demands substantial computational power for optimal functionality. With BlueStacks VPS solutions, developers can effortlessly deploy BlueStacks instances, facilitating streamlined testing and optimization of applications. In addition to streamlining the development process, the amalgamation of Android emulators with VPS solutions holds significant ramifications for the software industry. With the proliferation of these innovations among developers, one can expect a flood of mobile applications accessible to users. In turn, it will catalyze innovation and competition and foster a lively and dynamic app development climate. Recognizing the growing interest in VPS solutions that cater to the needs of Android emulator enthusiasts and BlueStacks users, PetroSky has developed a range of specialized plans intended to provide an ideal environment for running these applications. These new VPS solutions are ready to change how enthusiasts and experts utilize these tools, offering unparalleled execution and unfaltering quality. The new VPS solutions from PetroSky are available in a number of configurations to suit different needs and budgets. Whether you are a casual user looking to run a few Android apps on your PC or a power user requiring high-performance servers for intensive tasks, PetroSky can deliver a hosting environment that is stable, secure, and lightning-fast. With a team of experienced professionals on hand to help with any technical issues or queries, clients can rest assured their VPS hosting needs are well taken care of. About PetroSky PetroSky is a leading provider of virtual private servers (VPS) that deliver high-performance hosting solutions for individuals and organizations. With a focus on unwavering quality, performance, and customer satisfaction, PetroSky is committed to offering the best hosting solutions for its clients. For any press-related queries or additional details, please mail at Support@petrosky.io. Contact Details PetroSky Tharun T. admin@petrosky.io Company Website https://petrosky.io/

March 26, 2024 04:20 PM Eastern Daylight Time

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TradingView Integrates the TRON Network and Joins HackaTRON Season 6 as an Official Partner

TradingView

London, United Kingdom, March 26, 2024 – TradingView has become an official partner for HackaTRON Season 6, hosted by TRON DAO, BitTorrent Chain, HTX DAO, and JustLend DAO. This year's competition is illuminated by the expertise of Maksim Shymanovich and Alexey Telnov from TradingView, set to judge the projects competing for a prize pool of up to $650,000*. TradingView: A pillar of community and expertise With over 50 million users, TradingView stands as a global hub for market analysis and community discussion. The platform's participation in HackaTRON Season 6 is expected to elevate the competition, ensuring a high level of expertise in the judging process. Beyond being a mere participant, TradingView has deepened its integration with TRON by integrating the TRON Network into their platform. This will provide users access to real-time market updates, indicators, price trends, drawing tools, and widgets. TradingView’s integration also allows HackaTRON participants to build better interfaces of market data, allowing users to better engage with their dApps, fostering innovation across the TRON ecosystem. A competitive arena for blockchain developers HackaTRON Season 6 invites developers passionate about decentralized technology to showcase their skills, offering a $500,000* prize pool and $150,000* in energy support. The energy component offsets network fees, enabling more streamlined and effective blockchain transactions for users interacting with dApps. This initiative not only emphasizes TRON's commitment to the blockchain community but also TradingView’s dedication to fostering innovation and talent in the cryptocurrency sector. Participants will have the unique opportunity to present their projects to a panel of distinguished judges, including Shymanovich and Telnov, promising an unparalleled level of scrutiny and feedback. For more information on how to join HackaTRON Season 6 and make an impact on the future of decentralized technology, please visit the official TRON DAO HackaTRON page. * All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. All contest rules can be viewed here: https://trons6.devpost.com/rules Industry expert judges Maksim Shymanovich, Senior Manager within the International Growth department at TradingView, remarked: “it is fantastic to see the strong partnership we've built with the TRON DAO, and I’m really excited to be judging at HackaTRON S6. I look forward to evaluating innovative Web3 projects across diverse tracks like DeFi, Artistry, and more, from talented developers worldwide.” Additionally, Alexey Telnov is joining him on the judging panel. Alexey, the Crypto Product Owner at TradingView, has expressed his excitement with the following remarks: "I am honored to participate in this season's HackaTRON event, witnessing the innovative ideas and solutions presented by talented individuals and teams. I look forward to evaluating the projects and contributing to the recognition of promising advancements within the blockchain space." About TradingView TradingView is a global analytical platform offering an extended set of features for in-depth market analysis. TradingView was founded in 2011 as a charting platform catering to both seasoned and novice traders and investors looking for advanced yet accessible functionality. From the very beginning, TradingView focused on bringing markets directly to traders’ devices instead of confining data and charts in closed terminals for professional use. Since then, TradingView has grown into a versatile platform providing a wide range of services. In addition to customizable charts equipped with an array of drawing tools and indicators, traders can make use of the latest financial news sourced from trusted sources worldwide, a social network where users share their insights every day, and multiple tools for a more thought-through analysis, including the Economic calendar, screeners and heatmaps. Altogether, this helps TradingView be a go-to place to track cryptocurrency prices, watch global markets’ movements, and share ideas with fellow traders. TradingView | YouTube | Reddit Media Contact platforms@tradingview.com 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 March 2023, it has over 216.32 million total user accounts on the blockchain, more than 7.25 billion total transactions, and over $25.00 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 Maksim Shymanovich platforms@tradingview.com

March 26, 2024 02:24 PM Eastern Daylight Time

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GraphLinq Secures Investment from DWF Labs to Expand Ecosystem

Graphlinq.io

GraphLinq, Layer1 Blockchain powered by AI, is excited to announce a significant milestone in its growth trajectory. The company has successfully secured a strategic investment from DWF Labs, a leading new generation Web3 investor and market maker. This partnership heralds a new era for GraphLinq, marking a pivotal moment in its mission to revolutionize DeFi adoption with cutting-edge, accessible technology. Key Partnership Benefits: Primary Liquidity Provider: DWF Labs will act as the primary liquidity provider for GraphLinq across various Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs), enhancing the liquidity of the GLQ token. OTC Trading Support: The partnership will facilitate Over-The-Counter (OTC) trading, ensuring the seamless supply of GLQ tokens in the global market and delivering tangible benefits to market participants. Improved Trading Environment: By deepening the liquidity pool and narrowing the spread, this collaboration aims to foster a vibrant trading environment for all stakeholders. Increased Exposure and Ecosystem Expansion: Leveraging DWF Labs' extensive experience and network, GraphLinq is poised for increased platform exposure and ecosystem expansion. Strengthened Institutional Presence: The partnership is set to enhance GraphLinq’s appeal among institutional investors, furthering its adoption in the institutional landscape. Accelerated Roadmap Development: The investment from DWF Labs will expedite GraphLinq’s roadmap development, enabling the team to fulfill community promises and explore new opportunities. About DWF Labs: DWF Labs is a forefront Web3 investor and market maker, recognized as one of the world's largest high-frequency cryptocurrency trading entities. Operating across over 60 top exchanges, DWF Labs has a global presence with teams in Singapore, Switzerland, the UAE, South Korea, and the BVI. Within a mere 16 months, DWF Labs has invested in 470 projects and collaborated with approximately 35% of the top 1,000 tokens by market capitalization. For more information about DWF Labs, visit: https://www.dwf-labs.com/ Stay Updated with GraphLinq: To keep abreast of the latest developments and join the GraphLinq community, follow us on our socials: Twitter: https://twitter.com/graphlinq_proto Telegram: https://t.me/graphlinq Discord: https://discord.gg/w3qG33vNp9 Website: https://graphlinq.io/ IDE: https://ide.graphlinq.io/ This strategic investment and partnership with DWF Labs represent a significant leap forward for GraphLinq, underscoring our commitment to innovation and the democratization of DeFi. We invite our community and stakeholders to join us on this exhilarating journey towards a more accessible and efficient DeFi ecosystem. The blockchain ecosystem built for on-chain automation & dApps powered by AI. Turn simple prompts into powerful Web3 tools with AI & GraphLinq Chain Contact Details Taras K. info@graphlinq.io Company Website https://graphlinq.io/

March 26, 2024 11:34 AM Eastern Daylight Time

Adin Avertising Technology Announces AI-Based Approach to Digital Media Planning - Adin.Ai

Spark Metro PR

In an era marked by challenges in transparency and efficiency, Adin.Ai disrupts the traditional media planning sector by emerging as a beacon of innovation, transforming the landscape of media planning through its AI-based advertising intelligence platform. With unparalleled precision and strategy, Adin.Ai revolutionizes planning processes across TV and digital platforms. The Visionary Team Behind Adin.Ai's Success At the helm of Adin.Ai's ground-breaking platform is an esteemed team of industry pioneers, led by the renowned entrepreneur Serhat Gurcu, a five-time honoree on the Fortune 40 Under 40 list. Partnering with Gurcu is Prof. Altan Cakır, a luminary in data science and artificial intelligence. Together with other esteemed founding partners, including visionary 2 CTOs, a PhD holder, a rising star female co-founder in media, and another female co-founder who is one of the Fast Company Female Founders for 3 years in a row, Adin.Ai stands poised at the forefront of the industry. Innovative Technology Drives Enhanced Transparency Adin.Ai's integration of AI and blockchain technology ensures an unprecedented level of transactional transparency. Through Adin.trust, each transaction is securely recorded, instilling advertisers with the confidence needed to invest in their media planning strategies. Industry Recognition and Collaborative Ventures Fast Company's recognition of Adin.Ai on both its Most Innovative Companies and Startup 100 lists underscores the company's impact. Additionally, AWS lauds Adin.Ai's proactive adoption of emerging cloud and AI technologies, particularly its utilization of generative AI, a testament to Adin.Ai's commitment to staying at the forefront of technological advancements. The collaboration between Adin.Ai and AWS engineers has resulted in a unique amalgamation of different AWS modules, harmoniously working together to enhance Adin.Ai's capabilities. With AWS's validation of its technology and an upcoming collaboration with KPMG, Adin.Ai is primed to further its influence on global media transparency. Stellar Financial Performance Foreshadows Success In its Proof of Concept (POC) year, Adin.Ai generated an impressive revenue of 300K USD, setting a robust foundation for its future endeavors. Subsequently, in its first official year, the company achieved an Annual Recurring Revenue (ARR) of 2.4M USD, alongside a Monthly Recurring Revenue (MRR) of 200K USD. Notably, 70% of this revenue was generated in Turkey, a testament to Adin.Ai's resilience amid currency fluctuations. Additionally, the company reported 11 M USD Billings in its first year, indicating strong growth and market demand for its innovative solutions. Explosive Growth in Competitive Markets Adin.Ai's strategic focus on expansion across Europe and the UK has yielded exceptional results, with a staggering 700% growth compared to the previous year. This exponential growth underscores Adin.Ai's strong business model and the burgeoning demand for innovative AI solutions in media planning. Rapid Expansion and Global Ambitions With its remarkable revenue achievements and unprecedented growth rate, Adin.Ai is poised to emerge as the preeminent interface for advertisers worldwide. The company's sights are set on further expansion and solidifying its status as a USA-established company, with Istanbul serving as the operational hub for the Europe, UK, and EMEA region, and London as the headquarters for Europe. This strategic positioning, coupled with global acclaim, sets new benchmarks for excellence in the industry. Adin.Ai is strategically positioned to shape the future of advertising, where AI-based decisions redefine the landscape. Client Success Stories Adin.Ai's transformative impact is evident through the success stories of its clients. A FINTECH company from Spain achieved a remarkable 30% reduction in Cost Per Acquisition, while the largest private bank in Turkey witnessed a substantial 70% increase in Viewability. Additionally, a fashion company from the UK experienced a significant 64% boost in Return on Ad Spend (ROAS), and a gaming company from the Netherlands successfully mitigated display ad fraud by 52%. These results underscore Adin.Ai's commitment to driving tangible outcomes for its clients across diverse industries. Adin.Ai as the AI-Based Digital Advertising Platform for Enterprise Advertisers: Maximize Ad Return up to 5X; Minimize Effort up to 100X. With Adin.Ai, advertisers gain access to a cutting-edge platform that maximizes ad returns up to 5 times while minimizing effort up to 100 times. Our revolutionary AI-driven approach to digital media planning empowers advertisers to achieve unparalleled success in their campaigns. For further insights into Adin.Ai's journey and services, visit www.adin.ai Founders of the Company: Serhat Gürcü: LinkedIn Profile Prof. Altan Çakır: LinkedIn Profile Selin Ergin: LinkedIn Profile Halil Faruk Deniz: LinkedIn Profile Özgün Akın: LinkedIn Profile Seden Gürcü: LinkedIn Profile SOURCE: Adin.Ai Contact Details Adin.ai Seden Gurcu +90 533 476 96 49 Seden@adin.ai Company Website https://adin.ai/

March 26, 2024 11:08 AM Eastern Daylight Time

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North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic’s Technology

ToolsGroup

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. ToolsGroup, a global leader in retail and supply chain planning and optimization software, along with partner River Logic, Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S., which produces a wide range of residential windows and doors suited for both new construction and repair & remodel projects, and Shelter Solutions, which manufactures metal roof and wall systems, metal accessories and complete pre-engineered building systems — chose ToolsGroup and RiverLogic’s technology solutions to achieve their business objectives and strategies. “By combining River Logic’s advanced supply chain network design and its corresponding financial analytics capabilities with ToolsGroup’s demand planning, inventory optimization and planning capabilities, our facilities can now benefit from an all-inclusive supply chain planning solution,” said Christopher Gonzales, vice president of Operations & Supply Chain for Cornerstone Building Brands’ Shelter Solutions business unit. “The combined team identified strategic integration opportunities that empower us to leverage unique modeling approaches. The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our robust partner ecosystem enables us to provide end-to-end supply chain solutions for customers like Cornerstone Building Brands,” said ToolsGroup CEO, Inna Kuznetzova. “Integrating the ToolsGroup supply chain planning solution with the RiverLogic network design and optimization solution enables Cornerstone to model alternative value chain models and measure the impact on network wide inventory and service levels, driving greater resiliency and profitability across the organization.” “Combining the River Logic Value Chain Optimization solution with ToolsGroup’s service driven supply chain planning capabilities, brings the power of extended network design and strategic financial planning with operational supply chain simulation to Cornerstone Building Brands,” said Carlos Centurion, President of River Logic. “Our partnership with ToolsGroup enables us to provide our customers with optimized value that maximizes their potential for financial returns as well as operational excellence across the supply chain.” Join ToolsGroup and RiverLogic at the Gartner Supply Chain Symposium, May 6-8 Orlando, FL. Christopher Gonzales from Cornerstone will be presenting his story live on Monday afternoon. Book a meeting. ABOUT CORNERSTONE BUILDING BRANDS Cornerstone Building Brands is a leading manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair & remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multi-channel distribution platform and expansive national footprint includes approximately 18,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play. About River Logic Founded in 2000, River Logic is a global leader in supply chain strategy and planning, helping companies across a wide range of industries resolve complex, cross-functional trade-off decisions while optimizing key objectives like growth, margin, service levels and more. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly and thoroughly assess a truly end-to-end set of scenarios, not only including Network Design Optimization, but full value chain that extends to product portfolio, sustainability targets and the financial impact in terms of profitability and the ability to finance the operation. To learn more, visit: www.riverlogic.com. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com River Logic Hila Eyal, Chief Marketing Officer heyal@riverlogic.com Company Website https://www.toolsgroup.com

March 26, 2024 10:00 AM Eastern Daylight Time

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Beyond Big Tech - How Brand Engagement Network (NASDAQ: BNAI) Is Shaping The Future Of AI

Benzinga

By Faith Ashmore, Benzinga Generative AI has taken the world by storm but the not-so-secret reality is it's largely owned by Big Tech. While many thought that AI would become a thriving competitive ecosystem where start-ups and established companies alike could take advantage of new technology, the truth is much more stark. Almost every startup, new player and even AI research lab relies on Big Tech. They depend on the computing infrastructure of Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN) and Google (NASDAQ: GOOG) to train their AI systems, as well as the extensive consumer market reach of these firms to deploy and market their AI products. In fact, many AI companies opt to license and rebrand AI models – in a method referred to as “wrapping” – that were originally developed and sold by these tech giants or their affiliated startups. While these systems may be operational, it begs the question; ‘By using AI, are we granting even more power to these industry behemoths?’ It's an important question to consider, especially when it seems like every week there is a new congressional hearing with Big Tech CEOs to gain transparency into their systems. AI is certainly the way of the future, but smaller companies shouldn’t be run out of the equation by Big Tech either. The AI Company Standing Up To Big Tech And Setting Itself Apart Brand Engagement Network (NASDAQ: BNAI) (BEN) seems to be making a splash in the AI industry. The pure-play AI company's target market encompasses client service businesses seeking heightened efficiencies and enhanced customer experiences. Having commenced operations in 2018 and initiated its generative AI in 2019, the company is committed to furthering the future of AI. The company has spent the past several years acquiring patents to enhance sound and image processing, sensor data and AI perception and understanding. The company released its AI/3D avatar prototype in 2020, showcasing BEN's ability to blend cutting-edge technology with immersive user experiences. BEN’s AI has distinguished itself from competitors through 16+ perception, understanding, and response AI modules that facilitate a truly human-like interaction in the ways it can listen, see, speak, and react. Another way it distinguishes itself is through its data. It isn’t like most LLMs, where there is a risk of the conversational AI “losing its mind,” infringing copyrighted information, or hallucinating. In other words– businesses determine the parameters of what BEN’s AI can and cannot say. BEN’s AI assistants are walled gardens for each business, meaning they learn and are trained on what the business specifies they learn and train on and the benefits are contained to that individual instance. It truly is the businesses’ AI. BEN’s full stack solutions can be ring fenced and operate without access to 3rd party systems or without an external internet connection for companies where maximum data security and compliance are a must. BEN has just announced the successful completion of its business combination with DHC Acquisition Corp., under which DHC shareholders approved the transaction at its extraordinary general meeting held on March 5, 2024. The combined company will now operate under the name of Brand Engagement Network Inc., and it commenced trading on the Nasdaq Stock Market on Friday, March 15, 2024. Its common stock is traded under the ticker symbol BNAI, while publicly traded warrants will be traded under the ticker symbol BNAIW. “We are pleased to complete our business combination with DHC and begin our next chapter. As a pure play public AI company, we expect BEN will continue to lead the design of business-safe AI solutions. We are committed to AI that delivers to our customers personalized consumer engagement, superior CX, productivity and performance through helpful, friendly AI assistants,” said BEN CEO Michael Zacharski. “We are incredibly grateful to our leadership team, employees and partners around the world for their support in our journey. We are looking forward to the future and believe BEN is well-positioned to capitalize on significant growth opportunities and generate substantial value for all stakeholders.” With Big Tech dominating the AI industry, companies like BEN are a breath of fresh air. Not to mention, its technology, in many ways, supersedes some of the limitations of existing AI. For businesses that want a tailored customer experience and are looking to cut costs with AI, BEN’s technology could be the solution. Featured photo by Growtika 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

March 26, 2024 09:15 AM Eastern Daylight Time

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