Author: GLOBENEWSWIRE

MIAMI, Jan. 22, 2025 (GLOBE NEWSWIRE) — Shipsi, the nation’s fastest-growing delivery technology, today announced its groundbreaking ‘Lowest-Cost, Last-Mile Guarantee’, positioning itself as the go-to replacement for services like USPS, UPS Surepost, and FedEx Ground Economy who are suffering from widespread rate hikes. With nationwide coverage and a distributed network of drivers powered by advanced technology, Shipsi is redefining e-commerce logistics by delivering a reliable, scalable, and cost-effective alternative that meets the needs of retailers across the U.S. “Shipsi was built to provide retailers with the tools they need to stay competitive in an increasingly challenging landscape,” said Rye Akervik,…

PARK CITY, Utah, Jan. 22, 2025 (GLOBE NEWSWIRE) — Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today announced its sponsorship of the Short Film Program at the Sundance Film Festival. These shorts will screen as part of eight curated Short Film Programs that will include fiction, nonfiction, and animated titles from the U.S. and abroad. “Sundance Film Festival and Vimeo have always been a shared home of a new generation of filmmakers, and we’re proud to partner with the Sundance Institute to bring a robust Short Film Program to this year’s festival,” said…

Collaboration focuses on major rail safety tenders, targeting the installation of advanced technologies on thousands of locomotives across India Ra’anana, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) — Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced the signing of a binding Memorandum of Understanding (MOU) with Sujan Ventures, a division of the esteemed Sujan Group, a premier technology and components supplier to the Indian rail industry. Indian Railways, which operates India’s national railway system, boasts one of the largest rail networks in the world, with approximately…

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…