AINewsBreaks Archive - Page 32 of 34

FridaySep 22, 2023 9:00 am

AINewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Announces Pricing of IPO

Turbo Energy (NASDAQ: TURB), a company engaged in the design, development and production of equipment for the generation, management and storage of photovoltaic (“PV”) energy, today announced the pricing of its initial public offering of 1,000,000 American Depositary Shares (“ADSs”), representing 5,000,000 ordinary shares, at a price of $5.00 per ADS to the public for a total of $5,000,000 of gross proceeds to the company (the “offering”). Turbo Energy has granted a 45-day option to the underwriters to purchase up to 150,000 additional ADSs representing 15% of the ADSs sold in this offering, solely to cover over-allotments, if any, less…

ThursdaySep 21, 2023 10:32 am

AINewsBreaks – Near Intelligence Inc. (NASDAQ: NIR) Bringing High-Quality Real Estate Analytics to Leading CRE Companies

Near Intelligence (NASDAQ: NIR) is a global data intelligence platform that curates one of the world’s largest sources of intelligence on people and places. The company today announced its positioning as a trusted partner of leading global commercial real estate (“CRE”) companies seeking high-quality real estate analytics on any location, building or site. Representing a combined annual revenue of nearly $87 billion and over $200 billion in assets under management, the world’s leading CRE companies rely on Near to drive data-driven business decisions and enhance strategies as the industry adapts to rapidly evolving consumer trends. “Near’s data insights allow me…

WednesdaySep 20, 2023 12:38 pm

AINewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces 100th Landing of Its Robot Show

Knightscope (NASDAQ: KSCP) is a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems. The company has announced its 100th Robot Roadshow landing that will take place on Oct. 3, 2023, at Rich Township High School in Richton Park, Illinois. The announcement reads, “Knightscope’s Robot Roadshow (‘Roadshow’) was developed and launched during the pandemic, which brought all tradeshows and related gatherings to a grinding halt and hurled marketing executives into survival mode. The Roadshow was built specifically to enable Knightscope’s client development team to remotely demonstrate its technologies without risking exposure. It has since proven to…

TuesdaySep 19, 2023 1:37 pm

AINewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Upward Revision of Price Target from Ascendiant Capital Markets

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share. “We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth…

MondaySep 18, 2023 1:24 pm

AINewsBreaks – SoundThinking Inc. (NASDAQ: SSTI) Acquires Innovator in Intelligent Weapons Detection Technology

SoundThinking (NASDAQ: SSTI) (formerly ShotSpotter Inc.) is a leading public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement and community assistance groups. On Aug. 18, 2023, the company acquired SafePointe LLC, an innovator in intelligent weapons detection technology. Backed by a team with more than a decade of experience in developing, fielding and monitoring perimeter and route security in the most challenging global surroundings, SafePointe’s AI-based solution is designed for high-traffic environments that require highly secure, frictionless access in a low-profile form factor. ROTH MKM acted as financial advisor to SafePointe in its acquisition…

MondaySep 18, 2023 12:47 pm

AINewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) CEO to Present on Emerging A.I. in Virtual Tech Conference Series

Knightscope (NASDAQ: KSCP) is a leading developer of autonomous security robots and blue light emergency communication systems. The company has announced that its chairman and CEO, William Santana Li, was invited to present at the conference on Emerging Growth in Artificial Intelligence (“A.I.”), a part of the Virtual Tech Conference Series presented by Maxim Group LLC, on Sept. 26 and 27, 2023, at 8:00 a.m. ET. The announcement reads, “The continuous evolution of A.I. is paving the way for groundbreaking applications in the technology sector. Participants will dive deep into how companies are leveraging A.I. and computer vision to unlock…

FridaySep 15, 2023 8:30 am

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) CEO Spotlighted in Recent ‘Bloomberg Technology’ Segment

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, was featured in the “Bloomberg Technology” daily news program earlier this week. During the insightful interview, D-Wave Quantum CEO Alan Baratz talked with host Ed Ludlow about the future of quantum computing, noting that quantum computing has the potential to transform how businesses operate. Baratz also discussed competition between the United States and China as well as the impact of artificial intelligence (“AI”) on the sector. A New York Stock Exchange listed U.S. company, D-Wave is the world's first company to develop a commercial quantum computer that…

ThursdaySep 14, 2023 12:57 pm

AINewsBreaks – Near Intelligence Inc. (NASDAQ: NIR) Represents Commitment to Safeguard User Privacy with Announcement of New Position

Near Intelligence (NASDAQ: NIR), a data intelligence platform that curates one of the world’s largest sources of intelligence on people and places, has appointed current general counsel Jay Angelo as its new chief privacy officer; Angelo will continue to serve as general counsel as well. According to the announcement, the appointment of seasoned professional Angelo indicates Near’s commitment to safeguarding user privacy, a core pillar of the company’s foundation. The new role will facilitate and support Near’s privacy initiatives, ensuring that the company continues to uphold the highest standards of data protection and privacy compliance. A technology attorney with more than…

ThursdaySep 14, 2023 11:11 am

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Superior Coherence Performance with Fluxonium Qubits

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has announced notable progress in its development of high coherence qubits. D-Wave has designed, manufactured and operated fluxonium qubits that have demonstrated quantum properties that are comparable to the best seen to date in scientific literature, and the results are expected to have a significant impact on its future quantum technologies. “These results show that fluxonium is a viable candidate qubit for D-Wave’s gate model quantum computing architectures. Moreover, in doing this work we have learned that fluxonium can…

ThursdaySep 07, 2023 10:17 am

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Featured in The New Stack Article Discussing Potential Impact of Quantum Computing on AI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, was spotlighted in a recent article from The New Stack titled “D-Wave Suggests Quantum Annealing Could Help AI.” The article notes that the effect of quantum computing on artificial intelligence (“AI”) could be as understated as it is profound. According to the article, some say quantum computing is necessary to achieve general artificial intelligence, and “certain expressions of this paradigm, such as quantum annealing, are inherently probabilistic and optimal for machine learning.” The article points out that the most pervasive quantum annealing use cases center on optimization and…

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