Category: Technology

  Nodepay , a decentralized AI platform that transforms unused internet bandwidth into real-time data pipelines for AI training, today announced that it has completed a second round of funding, bringing its total to $7 million. 7M_Raised_Funds The latest funding round welcomed several new strategic investors – IDG Capital ($23 billion in assets under management), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (founder of Etherscan), and Yusho Liu (co-founder and CEO of CoinHako ) – as notable angel investors, joining an impressive list of previous investors that includes Animoca Brands, Mirana, OKX Ventures, JUMP…

Read More

Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, has successfully secured a $100 million Bitcoin-backed credit facility. This landmark credit facility will further enhance Allo’s BTC-backed lending services, catering to institutional and individual participants eager to engage in the growing crypto lending market. Bolstering its position in the Bitcoin ecosystem, Allo has staked over 544 BTC (valued at $50M+) through the Babylon Bitcoin Staking Protocol. This positions Allo as a key player in enabling Bitcoin-secured networks, with its BTC staking solution minting the $alloBTC token featured prominently on DeFiLlama. The financing round, facilitated by a consortium of lenders including Greengage and a long-standing US…

Read More

– Reolink , the global leader in intelligent video surveillance solutions, announces its participation in CES , the world’s largest technology show, to be held in Las Vegas from January 7-10, 2025. At the event, Reolink will showcase groundbreaking innovations designed to meet the growing needs of connected homes. Innovative solutions designed for every home. Reolink will unveil a brand new 16MP camera series, delivering exceptional image quality and complete coverage without blind spots. With advanced connectivity features, this camera simplifies home security like never before. Another technological feat: an exclusive range of battery-powered cameras, designed…

Read More

Ellucian, the leading higher education technology solutions provider, today announced a strategic partnership with Naseej for Technology, a leader in digital transformation, to accelerate cloud adoption of higher education institutions across Saudi Arabia. Leveraging Naseej’s deep expertise in supporting technology modernization initiatives in Saudi Arabia, this partnership will extend Ellucian’s reach in the country, helping to scale the delivery and implementation of its cloud solutions and services. Higher education institutions in Saudi Arabia will benefit from Ellucian’s cutting-edge technology that improves operational efficiency and enhances the student experience. “Our partnership with Naseej underscores Ellucian’s commitment to…

Read More

With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. PR Newswire Weekly Finance…

Read More

Hisense Group Chairman Jia Shaoqian yesterday announced the company’s new “Dual Carbon Pledge” and outlined Hisense’s latest initiatives to make green development a vital pillar in “Building a 100-Year Hisense” at the 2024 ESG Global Leaders Conference in Shanghai. Hisense Group Chairman Jia Shaoqian announcing the company’s Dual Carbon Pledge at 2024 ESG Global Leaders Conference Hisense’s dual carbon commitment aims to achieve peak carbon emissions from its operations no later than 2026 and carbon neutrality from its operations no later than 2050, while integrating low-carbon concepts into all aspects…

Read More

Cyber Enviro-Tech Inc. (CETI) (OTCQB: CETI) CETI, is pleased to announce a partnership with its shareholder-based subsidiary, CETI Axenic (CAX), to pursue opportunities in the commercial laundry business. This industry, which consumes over 1.7 trillion gallons of water annually at a cost exceeding $3.5 billion, currently recycles only about 32% of the water used. With CETI’s innovative water remediation systems, recycling rates can increase to over 90%, resulting in potential annual savings of more than $1 billion. Beyond the significant water conservation benefits, CETI’s offers numerous advantages over conventional wastewater cleaning methods. It provides…

Read More