ASR

Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock

Retrieved on: 
Tuesday, March 19, 2024
Tobacco, Retail, Professional Services, Finance, European Economic Area, Gross metropolitan product, Goldman Sachs, ASR, ABI, Sale, ANB, ADS, AB InBev, Risk, Euronext, Annual report, Share repurchase, Security (finance)

Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.
  • We expect the remainder of the shares to be delivered no later than the end of the second quarter of 2024.
  • The ASR transactions are part of our expanded $3.4 billion share repurchase program, which we expect to complete by December 31, 2024.
  • In addition, ABI repurchased $200 million of ordinary shares directly from us, concurrently with the completion of the offering.

Altria to Significantly Enhance Cash Returns to Shareholders Through Expanded Share Repurchase Program in Connection with Pricing of Offering of Anheuser-Busch InBev Stock; Raises 2024 Full-Year Earnings Guidance

Retrieved on: 
Thursday, March 14, 2024
Tobacco, Retail, Wine & Spirits, Health, Uncertainty, Climate change, European Economic Area, Growth, Gross metropolitan product, Exercise, MSA, EPS, Risk, Accounting, Law enforcement, Food and Drug Administration, Climate, ASR, History, Sale, Acquisition, ANB, Private sector, ADS, AB InBev, Euronext, Artificial intelligence, Investment, Annual report, Heated tobacco product, NPM, GAAP, Vision, Income tax, Information, Pandemic, Privacy, Food, Share repurchase, Security (finance)

In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.

Key Points: 
  • In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.
  • Our Board of Directors (Board) has authorized the expanded program, which we expect to complete by December 31, 2024.
  • Share repurchases depend on marketplace conditions and other factors, and the program remains subject to the discretion of our Board.
  • As part of the expanded share repurchase program, we expect to enter into an estimated $2.4 billion accelerated share repurchase (ASR) program.

ADM Announces $1 Billion Accelerated Share Repurchase Agreement

Retrieved on: 
Wednesday, March 13, 2024
Agriculture, Natural Resources, Sustainability, Environment, Supply Chain Management, Logistics, Transport, Retail, BofA Securities, Chairperson, ASR, Merrill (company), Security (finance), ADM, Annual report, Share repurchase

ADM (NYSE: ADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock.

Key Points: 
  • ADM (NYSE: ADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock.
  • “After repurchasing $1.5 billion of shares in Q4 2023 and nearly $330 million of shares so far in Q1 2024, we are accelerating our program, with an intention to actualize $2 billion of additional share repurchases during the remainder of the year, including $1 billion of which will be executed through this accelerated share repurchase program, which runs through the second quarter.”
    Under the ASR agreement, ADM will receive monthly share deliveries at the end of each month commencing in March 2024.
  • The ASR will be completed under ADM’s existing 200 million share repurchase program that runs through 2024.
  • You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts.

Gcore AI-powered Speech Recognition Service Sets New Speed and Scalability Standard for Broadcasters, VOD and Content Owners

Retrieved on: 
Tuesday, March 19, 2024
Human, ASR, VOD, News, AI, Mobile phone

LUXEMBOURG, March 19, 2024 /PRNewswire/ -- Gcore, the global edge AI, cloud, network, and security solutions provider, has today announced the public availability of its powerful Gcore Artificial Intelligence Automated Speech Recognition (AI ASR). It seamlessly integrates into Gcore workflows enabling broadcasters, video on demand (VOD), live streaming, and enterprise content owners to reach new global audiences, significantly enhancing the accessibility of content for those speaking different languages or with hearing impairments.

Key Points: 
  • Existing automated speech recognition (ASR) services can be slow, expensive and place a significant resource burden on content creators and owners.
  • For broadcasters, enterprises or content owners with live news, sports events or investor relations information that must reach customers quickly, speed is essential.
  • The Gcore team rigorously assesses newly released and updated ASR models, ensuring the best option is available through the pre-configured service.
  • Gcore's AI speech recognition service—AI ASR—gives broadcasters, content owners and enterprises a cost-effective and accurate way to reach global audiences with fresh, accessible content.

Gcore AI-powered Speech Recognition Service Sets New Speed and Scalability Standard for Broadcasters, VOD and Content Owners

Retrieved on: 
Tuesday, March 19, 2024
Human, ASR, VOD, News, AI, Mobile phone

LUXEMBOURG, March 19, 2024 /PRNewswire/ -- Gcore, the global edge AI, cloud, network, and security solutions provider, has today announced the public availability of its powerful Gcore Artificial Intelligence Automated Speech Recognition (AI ASR). It seamlessly integrates into Gcore workflows enabling broadcasters, video on demand (VOD), live streaming, and enterprise content owners to reach new global audiences, significantly enhancing the accessibility of content for those speaking different languages or with hearing impairments.

Key Points: 
  • Existing automated speech recognition (ASR) services can be slow, expensive and place a significant resource burden on content creators and owners.
  • For broadcasters, enterprises or content owners with live news, sports events or investor relations information that must reach customers quickly, speed is essential.
  • The Gcore team rigorously assesses newly released and updated ASR models, ensuring the best option is available through the pre-configured service.
  • Gcore's AI speech recognition service—AI ASR—gives broadcasters, content owners and enterprises a cost-effective and accurate way to reach global audiences with fresh, accessible content.

Clarifai and Deepgram Announce Strategic Partnership to Accelerate AI Innovation

Retrieved on: 
Monday, March 18, 2024
Organization, Partnership, ASR, IDC, Ecosystem, Human

WASHINGTON, March 18, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, is proud to announce a strategic partnership with Deepgram , a leader in automatic speech recognition (ASR) technology.

Key Points: 
  • WASHINGTON, March 18, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, is proud to announce a strategic partnership with Deepgram , a leader in automatic speech recognition (ASR) technology.
  • Amith Nair, President & COO of Clarifai: "This strategic partnership marks an exciting chapter for both Clarifai and Deepgram.
  • Scott Stephenson, CEO of Deepgram: "We are thrilled to partner with Clarifai in this endeavor to push the boundaries of voice AI innovation.
  • The Clarifai and Deepgram partnership represents a significant step forward in advancing the capabilities of AI applications, promising to reshape the landscape of voice-driven interactions.

Clarifai and Deepgram Announce Strategic Partnership to Accelerate AI Innovation

Retrieved on: 
Monday, March 18, 2024
Organization, Partnership, ASR, IDC, Ecosystem, Human

WASHINGTON, March 18, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, is proud to announce a strategic partnership with Deepgram , a leader in automatic speech recognition (ASR) technology.

Key Points: 
  • WASHINGTON, March 18, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, is proud to announce a strategic partnership with Deepgram , a leader in automatic speech recognition (ASR) technology.
  • Amith Nair, President & COO of Clarifai: "This strategic partnership marks an exciting chapter for both Clarifai and Deepgram.
  • Scott Stephenson, CEO of Deepgram: "We are thrilled to partner with Clarifai in this endeavor to push the boundaries of voice AI innovation.
  • The Clarifai and Deepgram partnership represents a significant step forward in advancing the capabilities of AI applications, promising to reshape the landscape of voice-driven interactions.

Apacer Collaborates with Onyx to Demonstrate Healthcare-Optimized Solutions at HIMSS

Retrieved on: 
Monday, March 11, 2024
USB drive, Electricity, USR, Medicine, ESD, ESG, DRAM, Knowledge, Internet, ASR, Health care, Running, PCI Express, Orange County Convention Center, Nightmare, HIMSS, Booth, Payment card, Onyx, Solid-state drive, Multimedia, Marketing, Computer data storage

And this year, Apacer returns to HIMSS with even more exciting products and technologies to share with healthcare customers.

Key Points: 
  • And this year, Apacer returns to HIMSS with even more exciting products and technologies to share with healthcare customers.
  • Apacer and Onyx will work together to present a demonstration of CoreRescue USR which will be held during the trade show, so if you're attending HIMSS, you definitely can't afford to miss it!
  • In addition, Apacer will be showcasing SSDs that offer extremely low power consumption, including industrial SD and microSD cards as well as eMMCs.
  • Find out about Apacer's products for industrial applications at: https://www.apacer.com/
    View original content to download multimedia: https://www.prnewswire.com/news-releases/apacer-collaborates-with-onyx-t...
    SOURCE Apacer Memory America Inc.

AI Stocks Ride the Technology Wave of the Future

Retrieved on: 
Thursday, February 22, 2024
Crypto, CFO, Robotics, Barron's, OTCQB, Social media, Algorithm, ASR, Artificial intelligence, Mining, Intelligence, Information management, Research, News, Marketing, KAP, Sale, Renewable energy, Publishing, Form, Entrepreneurship, ChatGPT, Life, Sport, Risk, Synthetic media, Safety, Human, Disclosure, CISO, Organization, Knightscope, Policy, Privacy, Knowledge, SoundHound, OpenAI, Microsoft, Environment, Medical device

With AI stocks showing impressive gains in 2023, there are high expectations for 2024 as the technology advances exponentially and investment continues to pour into the sector.

Key Points: 
  • With AI stocks showing impressive gains in 2023, there are high expectations for 2024 as the technology advances exponentially and investment continues to pour into the sector.
  • The technology company's latest commitment is for around $5.6 billion in AI investment across Europe."
  • AI™ with the intent to deliver best in class security in conjunction with its high-performance data center infrastructure.
  • A recent Form 13F SEC filing for Nvidia grabbed investor attention showing investment in SoundHound AI (NASDAQ: SOUN), a voice AI solutions company.

Sound Group Upgrades AI-Powered App to Enrich Its Product Portfolio

Retrieved on: 
Monday, March 11, 2024
Speech recognition, ASR, AI, SOGP, Natural language processing, LLM, Human, OpenAI, Research, Natural language, NLP

SINGAPORE, March 11, 2024 (GLOBE NEWSWIRE) -- Sound Group Inc. (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global audio-centric social and entertainment company announced today that it has upgraded one of its AI-powered applications and launched a new version, incorporating voice technology and the latest AI models.

Key Points: 
  • SINGAPORE, March 11, 2024 (GLOBE NEWSWIRE) -- Sound Group Inc. (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global audio-centric social and entertainment company announced today that it has upgraded one of its AI-powered applications and launched a new version, incorporating voice technology and the latest AI models.
  • Constantly engaged in in-depth research and exploration of cutting-edge technologies such as AIGC, Sound Group is committed to advancing technological productization, deeply integrating AI and the Company’s proprietary technologies, as well as expanding the scope where these technologies can be applied.
  • Leveraging the advantages of voice-based technology, Sound Group further optimized its AI products and implemented voice input functionality in the new version of its AI application.
  • Focused on the Company’s core business ecosystem, leveraging the advantages of product innovation and operation systems, and guided by insights into user needs, Sound Group is dedicated to building and continuously enriching its diversified AI product matrix, thus driving global business development.