Author: PRNEWSWIRE

Reports 23 Percent Increase in ARR to $19.1 Million and 61 Net New Platform Deployments HENDERSON, Nev., Feb. 13, 2025 /PRNewswire/ — Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2024. Fiscal Second Quarter 2025 Summary “Our second quarter results benefited from the continued recognition of the advantages and savings our products offer within the research process and the conclusion of the election cycle, which removed some near-term economic uncertainty. We experienced strong growth in both B2B and B2C ARR. The 61 net new B2B platform deployments represent our best organic performance ever recorded…

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DELRAY BEACH, Fla., Feb. 17, 2025 /PRNewswire/ — The power electronics software market is expected to reach USD 5.25 billion by 2030 from USD 3.33 billion in 2025, growing at a CAGR of 9.5% from 2025 to 2030 according to a new report by MarketsandMarkets™. Power electronics software enables the design, simulation, and optimization of power electronic systems in the industrial, consumer electronics, automotive, renewable energy, aerospace, and defense industries. The market is experiencing significant growth mainly due to the increasing adoption of renewable energy sources, the growing shift towards electric vehicles, and advancements in semiconductor technologies. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116385674 Browse in-depth TOC on “Power Electronics Software Market” 236 – Tables62…

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MyResource student concierge is being developed with watsonx, IBM’s portfolio of AI products ARMONK, N.Y., Feb. 17, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced its collaboration with Penn State, consistently ranked among the top six percent of the world’s universities, to build and deploy MyResource, a student concierge built with watsonx, IBM’s portfolio of AI products. The generative AI-powered assistant is meant to streamline details about campus resources and how to seek them when it launches, expected in the fall semester, to the nearly 90,000 Penn State students. The project stems from Penn State student leaders identifying a need for improved access to campus services, such as academic advising, health…

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Restoring previously “impossible” footage to 4K with unprecedented visual quality DALLAS, Feb. 13, 2025 /PRNewswire/ — Today, Topaz Labs formally announced Project Starlight, a groundbreaking tool that transforms old, low-res, or degraded video into HD quality. It’s the first-ever diffusion AI model for video enhancement and the only one to achieve full temporal consistency, ensuring seamless motion from frame to frame. Thousands signed up for early access – 1M+ views on X.com – Topaz Labs’ Project StarlightPost this Project Starlight uses diffusion AI to upscale, enhance, denoise, de-alias, and sharpen video—without any sliders or manual adjustments. While OpenAI’s Sora and Runway use diffusion technology to…

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Company celebrates grand opening, driving CX innovation in the region DENVER and CAIRO, Feb. 13, 2025 /PRNewswire/ — TTEC Holdings, Inc. (NASDAQ: TTEC), a leading global CX (customer experience) technology and services innovator for AI-enhanced CX, celebrated the grand opening of its new site in Cairo’s Maadi Technology Park last week, marking a significant expansion of its operations in Egypt. This milestone was further celebrated by the recent addition of a prominent provider of on-demand pay solutions to TTEC Egypt’s roster of key clients. TTEC initially launched in Egypt one year ago but needed to expand to serve growing client demand. The new facility represents a major investment in the…

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Agreement to acquire AdCreative.ai set to improve gross margins, enhance product synergies, and expand total addressable market Highlights and achievements for fiscal year 2024 Guidance for fiscal year 2025 Driving sustainable growth with strong profitability and market expansion TOKYO, Feb. 14, 2025 /PRNewswire/ — Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its financial earnings results for the fiscal year ended 31 December 2024 and guidance for FY25. The company achieved a record revenue of JPY 34.1 billion, a 29% YoY increase fueled by deeper and more diversified penetration among key accounts, global expansion, and AI-powered innovation. Profitability also surged, with operating…

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SANTA CLARA, Calif., Feb. 14, 2025 /PRNewswire/ — Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its fourth quarter 2024 unaudited financial results before the market opens on Wednesday, February 26, 2025. Tuya’s management will hold a conference call at 08:00 A.M. Eastern Time on Wednesday, February 26, 2025 (09:00 P.M. Hong Kong Time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following links to complete the online registration process. Upon registering, each participant will receive the dial-in information…

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Global Advertisers Benefiting from 71% Reduction in Wasted Ad Spend on Unsuitable ContentWhen Using AI-Driven Content Block Lists on Facebook and Instagram Feed and Reels NEW YORK, Feb. 13, 2025 /PRNewswire/ — Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced new features and increased global availability for its first-to-market Content Block List optimization solution for ads on Facebook and Instagram Feed and Reels. IAS was selected as the development partner for this solution by Meta in October 2024. IAS’s Content Block Lists with Meta now also include nine additional new content categories (to a total of 45 categories) as…

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SAN FRANCISCO, Feb. 13, 2025 /PRNewswire/ — Tofu, the unified AI platform for B2B marketing teams, today announced it has raised $12 million in Series A funding. The investment was led by SignalFire, with participation from HubSpot Ventures, Tau Ventures, Correlation Ventures, Alumni Ventures, SH Fund, Riverside Ventures, Eudemian Ventures, and Han Bridge Capital, alongside a notable group of angel investors. Existing investors Index Ventures, Stage 2 Capital, and Liquid 2 Ventures also participated in the round. Tofu’s unified platform addresses a critical pain point for marketing teams: the overwhelming proliferation of martech tools. By consolidating campaign execution under one roof, Tofu enables GTM…

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SANTA CLARA, Calif., Feb. 13, 2025 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced the appointment of Helle Thorning-Schmidt, former prime minister of Denmark, and Ralph Hamers, former chief executive officer of UBS Group AG and ING Group, to the company’s board of directors. “It’s a pleasure to welcome two visionary leaders, Helle and Ralph, to our Board of Directors, as we further our commitment to expanding the global reach of our business,” said Nikesh Arora, chairman and CEO, Palo Alto Networks. “They are innovators and disruptive thinkers with unique insights into the political and business climate in Europe and elsewhere. They will play a…

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