Mega Brands

Databricks Launches DBRX, A New Standard for Efficient Open Source Models

Retrieved on: 
Wednesday, March 27, 2024

SAN FRANCISCO, March 27, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the launch of DBRX, a general purpose large language model (LLM) that outperforms all established open source models on standard benchmarks. DBRX democratizes the training and tuning of custom, high-performing LLMs for every enterprise so they no longer need to rely on a small handful of closed models. Available today, DBRX enables organizations around the world to cost-effectively build, train, and serve their own custom LLMs.

Key Points: 
  • "We're excited about DBRX for three key reasons: first, it beats open source models on state-of-the-art industry benchmarks.
  • Second, it beats GPT-3.5 on most benchmarks, which should accelerate the trend we're seeing across our customer base as organizations replace proprietary models with open source models.
  • DBRX sets a new standard for open source models, enabling customizable and transparent generative AI for all enterprises.
  • A recent survey from Andreessen Horowitz found that nearly 60 percent of AI leaders are interested in increasing open source usage or switching when fine-tuned open source models roughly match performance of closed source models.

Databricks Launches DBRX, A New Standard for Efficient Open Source Models

Retrieved on: 
Wednesday, March 27, 2024

SAN FRANCISCO, March 27, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the launch of DBRX, a general purpose large language model (LLM) that outperforms all established open source models on standard benchmarks. DBRX democratizes the training and tuning of custom, high-performing LLMs for every enterprise so they no longer need to rely on a small handful of closed models. Available today, DBRX enables organizations around the world to cost-effectively build, train, and serve their own custom LLMs.

Key Points: 
  • "We're excited about DBRX for three key reasons: first, it beats open source models on state-of-the-art industry benchmarks.
  • Second, it beats GPT-3.5 on most benchmarks, which should accelerate the trend we're seeing across our customer base as organizations replace proprietary models with open source models.
  • DBRX sets a new standard for open source models, enabling customizable and transparent generative AI for all enterprises.
  • A recent survey from Andreessen Horowitz found that nearly 60 percent of AI leaders are interested in increasing open source usage or switching when fine-tuned open source models roughly match performance of closed source models.

Mattel Promotes Krista Berger to Senior Vice President, Barbie and Head of Dolls

Retrieved on: 
Tuesday, February 20, 2024

Mattel, Inc. (NASDAQ: MAT) has promoted Krista Berger to Senior Vice President, Barbie and Head of Dolls.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) has promoted Krista Berger to Senior Vice President, Barbie and Head of Dolls.
  • It was announced by Lisa McKnight, Executive Vice President and Chief Brand Officer at Mattel, to whom Berger reports.
  • View the full release here: https://www.businesswire.com/news/home/20240220193083/en/
    Krista Berger, Senior Vice President, Barbie and Head of Dolls, Mattel (Photo: Business Wire)
    "I am delighted to announce Krista Berger's well-deserved promotion to Senior Vice President, Barbie and Head of Dolls,” said McKnight.
  • I look forward to seeing Krista excel in her new role and continue to elevate our Dolls category to new heights."

Supremex Announces Appointment of Chief Financial Officer

Retrieved on: 
Friday, June 9, 2023

MONTREAL, June 09, 2023 (GLOBE NEWSWIRE) -- Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced today the appointment of François Bolduc as Chief Financial Officer and Corporate Secretary, effective July 4, 2023.

Key Points: 
  • MONTREAL, June 09, 2023 (GLOBE NEWSWIRE) -- Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced today the appointment of François Bolduc as Chief Financial Officer and Corporate Secretary, effective July 4, 2023.
  • Mr. Bolduc is a seasoned and highly talented financial executive with more than 25 years of experience with large private and public companies in the aerospace, manufacturing, consumer products and telecommunications industries.
  • He was previously Chief Financial Officer of DART Aerospace, a provider of helicopter mission and safety equipment, and Vice-President, Finance of Bombardier Aerostructures, a manufacturer of metallic and composite structures.
  • His expertise in process development and ability to optimize the financial performance of organizations will also play key roles in achieving our long-term objectives,” said Stewart Emerson, President and CEO of Supremex.

RAVENSBURGER AG EXPANDS EXECUTIVE BENCH STRENGTH - FILIP FRANCKE TO DRIVE WORLDWIDE EXPANSION AS GLOBAL HEAD OF GAMES, STEPHANE MADI APPOINTED CEO OF RAVENSBURGER NORTH AMERICA

Retrieved on: 
Tuesday, January 10, 2023

PORTSMOUTH, N.H., Jan. 10, 2023 /PRNewswire/ -- Ravensburger AG, one of the world's leading makers of toys, puzzles, and games, today announced an expansion to their executive structure. Filip Francke will lead the company's rapidly growing gaming division as Global Head of Games. His role within Ravensburger AG will expand to focus on all the company's gaming ventures, including the company's highly anticipated entry into the billion-dollar trading card game (TCG) market later this year with Disney Lorcana. Concurrently, Stephane Madi, formerly Head of Ravensburger Canada, has been named as CEO of Ravensburger North America, where he will oversee the company's portfolio and operations in the United States and Canada.

Key Points: 
  • Filip Francke will lead the company's rapidly growing gaming division as Global Head of Games.
  • Concurrently, Stephane Madi, formerly Head of Ravensburger Canada, has been named as CEO of Ravensburger North America, where he will oversee the company's portfolio and operations in the United States and Canada.
  • Francke has served as CEO of Ravensburger North America since joining the company in 2017 from Helly Hansen and added the title of Global Head of Games in 2019.
  • In his new role, Madi will oversee Ravensburger AG's portfolio of brands in the United States and Canada, including Ravensburger, BRIO, ThinkFun and Wonder Forge.

Production of Canada's Sixth and Final Arctic and Offshore Patrol Ship for the Royal Canadian Navy Underway with Cutting of First Steel for the Future HMCS Robert Hampton Gray

Retrieved on: 
Monday, August 15, 2022

To date, two AOPS have been delivered to the Royal Canadian Navy HMCS Harry DeWolf and HMCS Margaret Brooke.

Key Points: 
  • To date, two AOPS have been delivered to the Royal Canadian Navy HMCS Harry DeWolf and HMCS Margaret Brooke.
  • The Royal Canadian Navys (RCN) sixth Arctic and Offshore Patrol Ship (AOPS) is named in honour of Lieutenant (Lt) Robert Hampton Gray, a Canadian naval hero of the Second World War.
  • Lt Gray joined the Royal Canadian Naval Volunteer Reserve in 1940 and served as a pilot in the Royal Navy Fleet Air Arm.
  • We have reached a very significant milestone with the commencement of production on Canadas sixth and final Arctic and Offshore Patrol Ship, the future HMCS Robert Hampton Gray.

Optym Expands Axele’s TMS Marketing and Sales Teams to Further Growth

Retrieved on: 
Wednesday, June 8, 2022

DALLAS, June 08, 2022 (GLOBE NEWSWIRE) -- Optym, the parent company of Axele, LLC, a Transportation Management System (TMS) company, adds experienced executives to the Axele sales and marketing teams to position the company for further growth and expansion.

Key Points: 
  • DALLAS, June 08, 2022 (GLOBE NEWSWIRE) -- Optym, the parent company of Axele, LLC, a Transportation Management System (TMS) company, adds experienced executives to the Axele sales and marketing teams to position the company for further growth and expansion.
  • The teams will be responsible for serving core customers, acquiring new clients, building the Axele brand, and growing the Axele TMS footprint in North America.
  • He will also prepare and present the engineered value proposition for Managed Transportation Services through a solution sales approach to transportation challenges.
  • Jay Stone joins as Senior Director of Sales, where he will be helping to build and direct a team of sales professionals to drive the growth for Axele TMS.

Venzee Technologies Files Fourth Quarter and Full Year 2021 Financial Results

Retrieved on: 
Tuesday, May 3, 2022

CHICAGO, May 2, 2022 /PRNewswire/ - Venzee Technologies Inc. (TSXV: VENZ) (OTCQB: VENZF) ("Venzee'' or the "Company"), the artificial intelligence platform for product data, announced today financial results for the fourth quarter and full year ended December 31, 2021.

Key Points: 
  • CHICAGO, May 2, 2022 /PRNewswire/ - Venzee Technologies Inc. (TSXV: VENZ) (OTCQB: VENZF) ("Venzee'' or the "Company"), the artificial intelligence platform for product data, announced today financial results for the fourth quarter and full year ended December 31, 2021.
  • The Company will conduct a conference call discussing fourth quarter and full year results on Tuesday, May 3, 2021 at 8:30 A.M. EST (5:30AM PST).
  • For the three months ended December 2021, revenues were $28,994, up from $16,230 in Q3 2021 and $8,746 in Q4 2020.
  • Throughout fiscal 2021, Venzee made improvements to its technology, expanding its partnership base and Mesh Connectors, while laying the foundation to meet its revenue growth goals.

ChizComm Founders Announce Exit from Genius Brands International, ChizComm Ltd and ChizComm Beacon Media

Retrieved on: 
Monday, January 10, 2022

TORONTO, Jan. 10, 2022 /PRNewswire/ -ChizComm Ltd. And ChizComm Beacon Media founders Harold and Jennifer Chizick made the following statement today about their exit from Genius Brands, ChizComm and ChizComm Beacon Media.

Key Points: 
  • TORONTO, Jan. 10, 2022 /PRNewswire/ -ChizComm Ltd. And ChizComm Beacon Media founders Harold and Jennifer Chizick made the following statement today about their exit from Genius Brands, ChizComm and ChizComm Beacon Media.
  • "We are extremely disappointed to be leaving Genius Brands and ChizComm after less than a year of being with Genius Brands.
  • However, our vision on how to best grow the Company does not align well with Genius Brands."
  • "Last week, Genius Brands imposed organizational changes that reduced our role in the Company and was a breach of our agreement with Genius Brands.

Global Construction Toys Market Report 2021 Featuring Vtech, LEGO, Hasbro, Mattel, Mega Bloks - Forecast to 2025 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 21, 2021

The "Construction Toys Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction Toys Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
  • Major players in the construction toys market are Vtech, LEGO, Hasbro, Mattel, Mega Bloks, Bandai Co. Ltd, Melissa & Doug, Knex, Gebr.
  • The construction toys market consists of sales of construction toys by entities (organizations, sole traders, and partnerships) that are engaged in the production of construction toys.
  • The introduction of eco-friendly construction toys is the key trend gaining popularity in the construction toys market.