News provided by Canaan Inc. Dec 12, 2024, 16:15 ET Provides 2000 A15 Hydro Bitcoin mining machines in initial orderContinues global expansion with addition of new customer SINGAPORE, Dec. 12, 2024 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. (“CCG”), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. (“AGMH”), an integrated technology company specializing in fintech software services and production of high-performance hardware and computing equipment, for its Avalon A15 HydU 370T (“A15 Hydro”) mining machines. As part of the agreement, Canaan…
Author: PRNEWSWIRE
News provided by Technavio Dec 13, 2024, 05:43 ET NEW YORK, Dec. 13, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global virtual reality (VR) market size is estimated to grow by USD 64.72 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 28.3% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Virtual reality (VR) is a computer-generated simulation of a three-dimensional…
News provided by Technavio Dec 13, 2024, 02:25 ET NEW YORK, Dec. 13, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global IT professional services market size is estimated to grow by USD 621.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.87% during the forecast period. Growing digital transformation is driving market growth, with a trend towards growing adoption of hybrid and multi-cloud environments. However, shortage of skilled workforce poses a challenge. Key market players include Accenture Plc, Amazon.com Inc., Atos SE, Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc.,…
News provided by Technavio Dec 13, 2024, 04:37 ET NEW YORK, Dec. 13, 2024 /PRNewswire/ — The global online survey software market size is estimated to grow by USD 5.57 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of about 13.21% during the forecast period. For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- Click for the snapshot of this report Report AttributeDetailsBase Year2023Forecast period2024-2028Historic Data for2018 – 2022Segments CoveredEnd-user (Retail, Financial services, Healthcare, Manufacturing, and Others), Application (SMEs and Large enterprises), and Geography (North America, Europe, APAC, South America, and Middle East…
News provided by Technavio Dec 11, 2024, 17:40 ET NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global insurtech market size is estimated to grow by USD 77.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 42.35% during the forecast period. Increasing need to improve business efficiency is driving market growth, with a trend towards investors collaborating with insurtech firms. However, high cost of investment poses a challenge. Key market players include Acko Technology and Services Pvt. Ltd., Allianz SE, Berkshire Hathaway Inc., Charles Taylor Ltd., Cuvva Ltd., Cytora Ltd., DeadHappy Ltd., Flock Ltd.,…
News provided by Azimuth AI Inc. Dec 11, 2024, 18:46 ET SACRAMENTO, Calif., Dec. 11, 2024 /PRNewswire/ — Azimuth AI Inc. a startup specializing in producing highly customized silicon products for edge and embedded computing markets has closed a $11.5M venture round. Founded in 2022, Azimuth AI is focused on developing purpose-built SoCs (System-on-chip) products for, smart city, 2/3-wheeler vehicles, and other edge computing applications. The Team at Azimuth has designed and delivered 30+ silicon products to market working at leading semiconductor companies in the Silicon Valley and India. Currently Azimuth AI has offices in Sacramento, USA and Hyderabad, India. The venture round was led by Cyient, a global Intelligent Engineering services…
News provided by Infiniti Research, Inc. Dec 11, 2024, 18:33 ET NEW YORK, Dec. 11, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global content marketing market size is estimated to grow by USD 654.78 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.01% during the forecast period. Rise in number of users on social media is driving market growth, with a trend towards use of AI with social media management software. However, frauds related to digital advertisements poses a challenge. Key market players include Adobe Inc., Alma Media, Brafton Inc., ClearVoice Inc., Contentoo B.V., Eucalypt LLC, Hootsuite…
News provided by Flare Dec 11, 2024, 11:56 ET Investment will enable cybersecurity leader to tackle threat exposure management market MONTREAL, Dec. 11, 2024 /PRNewswire/ – Flare, the global leader in Threat Exposure Management (TEM), announced today its USD $30 Million Series B Round led by Base10 Partners with participation from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ. Flare has seen consistent traction with triple digit year over year growth in both 2023 and 2024. Flare expects to increase investments in EU expansion and further accelerate growth in North America and Europe more broadly. As Flare continues to expand its market presence, the solution has been pivotal in…
News provided by Actfore Dec 11, 2024, 09:00 ET RESTON, Va., Dec. 11, 2024 /PRNewswire/ — Actfore, a leader in AI/ML-powered data mining for cyber breach incident response, today announced a significant surge in revenue and customer growth, solidifying its position as a trailblazer in the data mining incident response industry. With an average deal value increasing by 33% year-over-year and a static price list unchanged since its launch in 2022, Actfore has demonstrated its ability to scale and deliver exceptional value across engagements of all sizes—from making quick work of small incidents to efficiently processing massive, multi-terabyte breaches in unparalleled speed. Over the…
News provided by Market Research Intellect Dec 11, 2024, 10:15 ET The growth of the global cybersecurity market is primarily driven by the increasing frequency and sophistication of cyberattacks, which compel businesses and governments to invest heavily in robust security solutions. Additionally, the rapid adoption of digital technologies, including cloud computing, IoT, and AI, has expanded the attack surface, intensifying the need for advanced cybersecurity measures. LEWES, Del., Dec. 11, 2024 /PRNewswire/ — The global cybersecurity market is expected to reach USD 375 billion by 2031, growing from approximately USD 180 billion in 2024, at a compound annual growth rate (CAGR) of 10%. This growth is fueled by rising cyber…