Author: GLOBENEWSWIRE

VILNIUS, Lithuania, January 17, 2025 – nexos.ai, a pioneering AI infrastructure company, today emerges from stealth with an announcement of $8 million funding led by Index Ventures, with participation from Creandum and Dig Ventures. nexos.ai is solving one of the most pressing challenges businesses face in 2025: how to efficiently deploy, manage, and optimize an increasingly complex ecosystem of AI models across their organizations. nexos.ai was co-founded in late 2024 by Tomas Okmanas and Eimantas Sabaliauskas, the co-founders of several successful businesses including Nord Security (valued at $3 billion). The round attracted investment from prominent angels including Olivier Pomel (CEO…

SAN ANTONIO, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced Board and executive transitions. The Company also re-affirmed financial guidance for the fourth quarter 2024, as previously provided in a press release issued on November 12, 2024. Jeffrey Benjamin will succeed David Sambur as Independent Chairman of the Board. Benjamin has been on the Rackspace Board since 2016 and chairs the Audit Committee. Benjamin has over 25 years of experience in investment management and has served on the boards of American Airlines Group and Caesars…

SUNNYVALE, Calif., Jan. 17, 2025 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in artificial intelligence (AI) and high-performance compute (HPC) processing providing true compute-in-memory technology, today announced it has been selected by the U.S. Army for a potential contract award of up to $250,000 under the DoD Small Business Innovation Research (SBIR) program. The contract represents a significant opportunity for GSI to develop advanced, Army-specific edge computing AI solutions using its groundbreaking Gemini-II technology. The project will focus on two critical objectives that showcase the potential of GSI’s innovative…

CLEVELAND and FORT LAUDERDALE, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) — Dealer Tire, the leading tire distributor and service provider for franchise dealerships across the U.S., and RockED, the leading mobile sales enablement platform for the automotive industry, are excited to announce a groundbreaking partnership. Together, they will develop and launch a cutting-edge tire sales certification program designed to empower parts and service associates at thousands of select dealerships nationwide. This collaboration leverages Dealer Tire’s industry-leading expertise in tire distribution and services with RockED’s innovative micro-learning and gamified training solutions. Dealer Tire’s partnership with dealerships nationwide ensures that this certification…

CHICAGO, Jan. 16, 2025 (GLOBE NEWSWIRE) — Trade references play a critical role in business transactions, yet managing them places a significant strain on B2B credit teams. Collecting the right customer information, analyzing it and compiling it into clear, actionable reports is a manual, time consuming process — one that is not only inefficient but susceptible to errors. Bectran, Inc., the platform dedicated to accelerating credit, collections and accounts receivable management, has redefined how businesses handle references. As pioneers behind credit process digitization and automation, Bectran’s Trade Reference Network offers an instant and nearly effortless way for organizations to compile…

SUNNYVALE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal third quarter 2025 ended December 31, 2024 after the market close on Thursday, January 30, 2025. Management will also conduct a conference call to review the Company’s third quarter financial results and its current outlook for the fourth quarter of fiscal 2025 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day. To…

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) — Yseop, a global leader in Generative AI for life sciences, is starting 2025 with a series of achievements and strategic collaborations that underscore its growing influence in transforming workflow automation across the biopharma industry. These key milestones and partnerships across regulatory writing demonstrate the company’s commitment to driving innovation and delivering impactful AI-powered solutions. 1. Collaboration with NovartisYseop’s partnership with Novartis was highlighted during the company’s Management Investor Event on November 21, 2024. Novartis CEO, Vas Narasimhan, recognized Yseop as one of only seven select AI partners in their global initiative to…

St. Louis, Jan. 14, 2025 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE:ESE) will report its first quarter financial results after the market close on Thursday, February 6, 2025, followed by a conference call where the financial results and related commentary will be discussed.   Event:       First Quarter 2025 Conference Call Date:        Thursday, February 6Time:        4:00 p.m. Central Time The conference call webcast and an accompanying slide presentation will be available in the Investor Center of ESCO’s website. The slide presentation will be utilized during the call and will be posted on the website prior to the call. Participants may also access…

MALVERN, Pa., Jan. 14, 2025 (GLOBE NEWSWIRE) — YPrime, the leading pioneer in clinical trial technology, today announced that Dr. Karl McEvoy, Vice President, eCOA and Patient Technologies, has been appointed Industry Co-Director of the Critical Path Institute eCOA Consortium for 2025. McEvoy assumes the Co-Director role with over a decade of eCOA and clinical technology expertise, including driving YPrime’s focus on patient-centered data collection, streamlining processes that enhance clinical trial participation. In this role, he will collaborate with industry peers to develop standards, conduct research, design and deliver educational opportunities, and define the best practices for the electronic collection…

Digital Colocation Monthly Revenue grew 69% Y/Y from December 2023 Total Current Operating Hash Rate (EH) about 4.98 EH/s and expected to grow to about 5.10 EH/s given new developments announced in early January 2025 Recently Executed 20 MW Digital Asset Colocation Agreement with New Enterprise-Grade Customer Current Total Operating Capacity of 129 MW, expected to grow to 153 MW upon Ohio facility completion later in 2025 MIDLAND, Pa., Jan. 14, 2025 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing…