NEO | Jotup

NEO Battery Materials Appoints Renowned Battery Industry Pioneer Mr. Ricky Lee as Lead Managerial Advisor

Retrieved on:

Tuesday, April 16, 2024

Process, EVS, A123 Systems, OTC, Silicon, Process engineering, Senior, Hyundai, HEV, LFP, NEO, SK Innovation, PHEV, Engineering, Energy, Samsung, Electric battery

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTC: NBMFF)

Key Points:

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTC: NBMFF)
NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to appoint Mr. Ricky Lee, a renowned battery industry pioneer, as the Lead Managerial Advisor.
Mr. Ricky Lee is a 35-year battery and energy industry executive with substantial experience with battery material and cell design, mass-production technology, and equipment & process development at globally distinguished companies.
Mr. Spencer Huh, President and CEO of NEO, commented, “We are incredibly excited to have Mr. Ricky Lee join as the Lead Managerial Advisor.
We will also tap into Mr. Lee’s expansive network further to support our commercial relationships in the battery supply chain.”

Falcon Autotech expands its wings by opening its office in The Netherlands, Europe

Retrieved on:

Monday, April 15, 2024

NEO, Automation, Robotics, Sorter (logistics), ASRS, Warehouse

NEW DELHI, India and AMSTERDAM, April 15, 2024 (GLOBE NEWSWIRE) -- Falcon Autotech (Falcon), a leading global intralogistics automation solutions provider, opens its office in Amsterdam, Netherlands, to expand its global presence further.

Key Points:

NEW DELHI, India and AMSTERDAM, April 15, 2024 (GLOBE NEWSWIRE) -- Falcon Autotech (Falcon), a leading global intralogistics automation solutions provider, opens its office in Amsterdam, Netherlands, to expand its global presence further.
This expansion would position Falcon as one of the global leaders in the warehouse automation industry with a growing presence in the European continent/region.
With this strategic expansion, Falcon aims to forge deeper connections with its European clientele, fostering stronger relationships and better understanding of their needs.
Sandeep Bansal, Chief Business Officer, Falcon, said, “We have witnessed exponentially growing demand of warehouse automation in the Europe region.

NeoGenomics Reports First Quarter 2024 Results

Retrieved on:

Tuesday, April 30, 2024

Other Health, Pharmaceutical, Oncology, Hospitals, Genetics, Health Technology, Clinical Trials, Science, Biotechnology, Practice Management, Other Science, Health, NEO, NGS

NeoGenomics, Inc. (NASDAQ: NEO) (the “Company”), a leading provider of oncology testing and global contract research services, today announced its first-quarter results for the period ended March 31, 2024.

Key Points:

NeoGenomics, Inc. (NASDAQ: NEO) (the “Company”), a leading provider of oncology testing and global contract research services, today announced its first-quarter results for the period ended March 31, 2024.
Consolidated gross profit for the first quarter of 2024 was $65.5 million, an increase of 19.4% compared to the first quarter of 2023.
Operating expenses for the first quarter of 2024 were $96 million, an increase of $6 million, or 6.8%, compared to the first quarter of 2023.
Net loss for the quarter was $27 million compared to net loss of $31 million for the first quarter of 2023.

NeoGenomics Announces Senior Leadership Promotions

Retrieved on:

Thursday, April 18, 2024

NeoGenomics, Inc. (NASDAQ: NEO), a leading oncology testing services company, today announced two promotions within its senior leadership team, effective immediately.

Key Points:

NeoGenomics, Inc. (NASDAQ: NEO), a leading oncology testing services company, today announced two promotions within its senior leadership team, effective immediately.
“Warren and Melody have shown exceptional leadership and performance in their respective roles," said Chris Smith, CEO of NeoGenomics.
“As we enter our next phase of growth, these senior leadership appointments should drive operational efficiencies, strengthen commercial synergies, and accelerate innovation through R&D.
Prior to NeoGenomics, Stone served as President of Americas at Ortho Clinical Diagnostics and Senior Vice President, Life Sciences Division for MilliporeSigma.

AI in Healthcare: Unveiling the Future with a 42.20% CAGR Through 2029

Retrieved on:

Thursday, April 25, 2024

VANCOUVER, BC, April 25, 2024 /PRNewswire/ -- Across several sectors the use of artificial intelligence (AI) is making a huge impact, with healthcare emerging as possibly receiving the largest boost. According to a new research report from analysts at Mordor Intelligence, the market for artificial intelligence in health care is set to explode at a CAGR of 42.20% through 2029. As the tech sector races to provide the market with solutions, several companies are emerging as leaders in aiding the healthcare sector, including Avant Technologies Inc. (OTC:AVAI), Microsoft Corporation (NASDAQ:MSFT) (NEO:MSFT), Health Catalyst, Inc. (NASDAQ:HCAT), Ginkgo Bioworks Holdings, Inc. (NYSE:DNA), and Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX).

Key Points:

This network will offer big data and AI software companies a quicker, more potent, and more affordable computing infrastructure.
The goal of this deal is to bring together Avant Technologies and Wired-4-Health to improve how healthcare data is shared and used.
Microsoft is enhancing its Azure AI Health Bot services by adding new healthcare-specific safeguards and features, including integration with Microsoft Copilot Studio.
Last year, Recursion lined up a $50-million collaboration with AI chipmaking giant Nvidia for AI drug discovery.

AI in Healthcare: Unveiling the Future with a 42.20% CAGR Through 2029

Retrieved on:

Thursday, April 25, 2024

VANCOUVER, BC, April 25, 2024 /PRNewswire/ -- Across several sectors the use of artificial intelligence (AI) is making a huge impact, with healthcare emerging as possibly receiving the largest boost. According to a new research report from analysts at Mordor Intelligence, the market for artificial intelligence in health care is set to explode at a CAGR of 42.20% through 2029. As the tech sector races to provide the market with solutions, several companies are emerging as leaders in aiding the healthcare sector, including Avant Technologies Inc. (OTC:AVAI), Microsoft Corporation (NASDAQ:MSFT) (NEO:MSFT), Health Catalyst, Inc. (NASDAQ:HCAT), Ginkgo Bioworks Holdings, Inc. (NYSE:DNA), and Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX).

Key Points:

This network will offer big data and AI software companies a quicker, more potent, and more affordable computing infrastructure.
The goal of this deal is to bring together Avant Technologies and Wired-4-Health to improve how healthcare data is shared and used.
Microsoft is enhancing its Azure AI Health Bot services by adding new healthcare-specific safeguards and features, including integration with Microsoft Copilot Studio.
Last year, Recursion lined up a $50-million collaboration with AI chipmaking giant Nvidia for AI drug discovery.

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on:

Tuesday, April 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA) (NEO: NVDA), Microsoft Corporation (NASDAQ: MSFT) (NEO: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points:

According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on:

Tuesday, April 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA) (NEO: NVDA), Microsoft Corporation (NASDAQ: MSFT) (NEO: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points:

According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

Artificial Intelligence Investment Soars to Trillions, Sparking Regulatory Interest

Retrieved on:

Tuesday, April 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group – In just a few years, the potential generated by the rise of Artificial Intelligence (AI) continues to entice investment to the tune of many trillions, with McKinsey & Company projecting generative AI to generate up to $7.9 trillion alone annually. It's a sector that's still in its early stages, and with that comes plenty of scrutiny, including the recent actions by US regulators regarding whether or not investors of OpenAI were misled, through an SEC inquiry launched in February. All the while, corporate AI investment is surging, with several companies benefitting including NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Meta Platforms Inc. (NASDAQ:META) (NEO:META), Apple Inc. (NASDAQ:AAPL) (NEO:AAPL), C3.ai, Inc. (NYSE:AI), and Avant Technologies Inc. (OTC:AVAI).

Key Points:

Recently Avant signed a co-development agreement with Wired4Tech, Inc. to create high-density compute infrastructure and supercomputer network software to move the company closer to achieving this mission.
"We have made exciting progress in the past several months, and we believe this partnership will further help to accelerate speed-to-market of our next generation solutions."
The Wired4Tech collaboration aims to assist in the final stages of development and testing for Avant's new high-density private cloud infrastructure solution.
"Our partnership with Avant Technologies will help AI companies accelerate their work with infrastructure, software and services that drive efficiency and reduce costs.

Artificial Intelligence Investment Soars to Trillions, Sparking Regulatory Interest

Retrieved on:

Tuesday, April 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group – In just a few years, the potential generated by the rise of Artificial Intelligence (AI) continues to entice investment to the tune of many trillions, with McKinsey & Company projecting generative AI to generate up to $7.9 trillion alone annually. It's a sector that's still in its early stages, and with that comes plenty of scrutiny, including the recent actions by US regulators regarding whether or not investors of OpenAI were misled, through an SEC inquiry launched in February. All the while, corporate AI investment is surging, with several companies benefitting including NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Meta Platforms Inc. (NASDAQ:META) (NEO:META), Apple Inc. (NASDAQ:AAPL) (NEO:AAPL), C3.ai, Inc. (NYSE:AI), and Avant Technologies Inc. (OTC:AVAI).

Key Points:

Recently Avant signed a co-development agreement with Wired4Tech, Inc. to create high-density compute infrastructure and supercomputer network software to move the company closer to achieving this mission.
"We have made exciting progress in the past several months, and we believe this partnership will further help to accelerate speed-to-market of our next generation solutions."
The Wired4Tech collaboration aims to assist in the final stages of development and testing for Avant's new high-density private cloud infrastructure solution.
"Our partnership with Avant Technologies will help AI companies accelerate their work with infrastructure, software and services that drive efficiency and reduce costs.