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…
Author: PRNEWSWIRE
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…
News provided by Koantek LLC Dec 11, 2024, 07:00 ET Koantek to continue to help businesses advance their data journey as the GenAI race continues MESA, Ariz., Dec. 11, 2024 /PRNewswire/ — Koantek, a leading Databricks technology partner and trusted advisor, announced today that it has secured funding from Databricks Ventures to accelerate its mission of empowering customers on their data + AI journeys. This investment reflects Databricks’ confidence in Koantek’s value-driven approach, technical depth, and proven ability to deliver transformative solutions. Koantek specializes in helping organizations unlock the potential of data and AI through strategic consulting, custom frameworks, and repeatable IP, all built on the…
News provided by Aspen Digital 11 Dec, 2024, 08:00 GMT ABU DHABI, UAE, Dec. 11, 2024 /PRNewswire/ — Aspen Digital, a full-service private wealth management platform built for family offices and ultra-high net worth clients allocating into digital assets, co-incubated by Everest Ventures Group and TTB Partners and backed by RIT Capital Partners, Liberty City Ventures and Token Bay Capital today announced the receipt of a Financial Services Permission (FSP) from the Financial Services Regulatory Authority of ADGM, the international financial center of the UAE’s capital. Their strong global network of traditional investors and market participants across hedge funds, venture capital firms, and broader…
News provided by Datamaran Dec 11, 2024, 03:30 ET Deloitte to use Datamaran software to support clients in the Netherlands, Italy, and Belgium amid increasing sustainability requirements LONDON and AMSTERDAM, Dec. 11, 2024 /PRNewswire/ — Datamaran, a leading ESG software provider, today announced a strategic collaboration with Deloitte in three European markets to support more companies in assessing their sustainability impacts and objectives. Under the agreement, Deloitte will use Datamaran’s double-materiality analysis (DMA) software for clients in Italy, the Netherlands and Belgium, to monitor their sustainability risk factors and meet compliance demands. DMAs, used by companies to gauge their impact on natural and human resources as well as financial performance, are a required part…
News provided by Waterdrop Inc. Dec 11, 2024, 05:20 ET BEIJING, Dec. 11, 2024 /PRNewswire/ — Waterdrop Inc. (“Waterdrop”, the “Company” or “we”) (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and nine months ended September 30, 2024. Financial and Operational Highlights for the Third Quarter of 2024 Mr. Peng Shen, Founder, Chairman, and Chief Executive Officer of Waterdrop, commented, “We are delighted to announce another quarter of robust profitability, with net profit attributable to ordinary shareholders reaching 2.5 times that of the third quarter last year. Our insurance business has…
News provided by GatedTalent Dec 11, 2024, 05:30 ET BASINGSTOKE, England, Dec. 11, 2024 /PRNewswire/ — GatedTalent, a product of publicly listed Dillistone Group Plc, has unveiled its latest innovation: an AI-powered Interview Simulation tool designed to revolutionize how candidates prepare for high-stakes job interviews. The service is powered by advanced artificial intelligence, including OpenAI’s GPT-4 and Whisper technologies, and offers a highly interactive, speech-based experience. Candidates upload their resume/CV and a job specification to the platform, which then simulates a personalized, realistic interview. Through real-time conversational exchanges, the AI asks tailored questions, listens to spoken responses via microphone, and generates follow-up queries, mimicking…