Author: Zech
Felix Pinkston July 26, 2024 12:31 The Securities and Futures Commission (SFC) and the Insurance Authority (IA) are working together to tackle cross-industry misconduct and strengthen regulatory oversight. According to apps.sfc.hk, the Securities and Futures Commission (SFC) and the Insurance Authority (IA) have announced a joint initiative to tackle cross-industry misconduct, which aims to strengthen regulatory oversight across both the securities and insurance industries and ensure a more robust financial ecosystem. Co-regulatory efforts The collaboration between the SFC and the IA marks an important step in tackling misconduct across multiple sectors. By combining resources…
As the AI industry continues to boom, several emerging startups are catching attention for their innovative approaches and leadership. From Cognition AI’s ambitious AI coding assistant Devin to Helsing’s military modernization efforts, these companies are poised to transform the future of technology. Led by visionary CEOs like Scott Wu, Torsten Reil, and Kai-Fu Lee, these startups are at the forefront of AI advancements, each bringing unique solutions to complex challenges. 1. Cognitive AI CEO: Scott Wu Founded by Scott Wu, Walden Yan, and Steven Hao, Cognition AI is focused on developing Devin, an AI-powered coding assistant designed to autonomously handle…
VCI Global LimitedKUALA LUMPUR, Malaysia, July 26, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global”, “VCIG” or the “Company”), an AI and technology aggregator, is pleased to announce its participation in the groundbreaking AI Computing Alliance (“AICA”), a joint initiative led by Enlight Corporation (TWSE: 2438) (“Enlight”), Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro”) and alliance partners including Fortinet, Inc., UNIC Technology Corp., Bingo Group Holdings Limited, J&V Energy Technology Co., Ltd., Red Building Capital, ZoobeTek, iSpan International Inc. and Bulky Animation Studio. The Alliance will jointly establish an AI Computing Center (AICC) to advance…
VCI Global (NASDAQ: VCIG) has joined the AI Computing Alliance (AICA), led by Enlight and Supermicro. The alliance aims to establish AI Computing Centers (AICCs) globally, with the first center in Taiwan powered by NVIDIA H200 Tensor Core GPUs. VCI Global plans to establish Malaysia’s first AICC by Q2 2025, replicating the Taiwan model. The alliance intends to expand to Singapore, Hong Kong, Japan, and Indonesia to meet the growing demand for AI computing power.The global Large Language Model (LLM) market is projected to grow from $7 billion in 2024 to over $35 billion in…
Darius Baruo July 26, 2024 12:07 Binance concluded its 7YA Product Guide Study Week by responding to quiz feedback and distributing token voucher rewards to participants. Binance Concludes 7YA Product Guide Research WeekBinance has successfully concluded its 7YA Product Guide Study Week, an initiative aimed at educating users about its various products. According to Binance.com, the week-long event included a series of quizzes and interactive sessions designed to increase users’ knowledge.Feedback and AdjustmentsDuring the event, participants provided feedback regarding the clarity of the final quiz question asked in the Binance Survey. Binance recognized the…
AUSTIN, July 26, 2024 (GLOBE NEWSWIRE) — The service robots market size was valued at USD 42.13 billion in 2023. It is expected to reach USD 146.82 billion by 2032, growing at a CAGR of 14.88% over the forecast period 2024-2032. To get a sample report of the Service Robots market, please visit: https://www.snsinsider.com/sample-request/2223 The service robotics industry is experiencing rapid growth due to advances in artificial intelligence, sensor technology, and machine learning. Service robots are being used more frequently in healthcare, households, agriculture, and various other industries. The global experience of artificial intelligence is becoming increasingly transformative. A 63%…
Quest 3 pairs with Meta Ray-Ban glasses to privately download videos and photos from anywhere.In 2014, Mark Zuckerberg spent $3 billion on Oculus VR and $19 billion on WhatsApp. A decade later, you can take your Meta glasses outside and take photos and videos for up to three minutes at a time. While they’re charging in the case, you can take out your VR headset, download videos, and share the ones you like with your friends on WhatsApp. I tested this successfully.The $22 billion Zuckerberg spent to buy these companies was just the beginning of the investments needed to make…
HHS Secretary Xavier Becerra said the changes underscore the federal government’s efforts to play a more active role in defining AI and data policy and addressing cybersecurity concerns. ONC Director Mickey Tripathi will take over as head of Washington’s current AI governance under an ambitious reorganization announced this week by the U.S. Department of Health and Human Services.The personnel changes strengthen federal leadership on data governance and policy, as well as AI policy, which has been an ongoing concern given the rapid adoption of AI in healthcare and other industries. The changes also underscore federal leadership on cybersecurity, a critical…
Immunome (Nasdaq: IMNM), a US clinical-stage biotechnology company, announced that it has entered into an exclusive licensing agreement with Israel-based Nectin Therapeutics for the rights to a panel of antibodies targeting undisclosed targets.”This agreement allows Nectin to further focus and realize value from our first-in-class anti-PVR program (NTX1088) through ongoing clinical trials in tumor types with high unmet need, as well as advance our novel ADCs into clinical development. Immunome’s leadership team has a proven track record of developing and commercializing novel ADC therapies, making them the ideal partner to advance these promising assets,” said Fabian Tenenbaum, Chief Executive Officer…
GENEVA, Switzerland/TOKYO, Japan, July 26, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp. (“SEALSQ” or the “Company”) (NASDAQ: LAES), a leader in the development and sales of semiconductor, PKI and post-quantum technology hardware and software products, today announces the appointment of Masaru Miyahata as the new Director of Sales and Representative Director for Japan. Miyahata, formerly of WISeKey, joined SEALSQ in June 2023 as Japan Sales Representative and is currently responsible for expanding the company’s IoT security and brand enhancement business in Japan. Mr. Miyahata has over 30 years of extensive sales and business development experience in the IoT, semiconductor and high-tech…