Ceva, Inc., a leading licensor of silicon and software IP, announced that its Ceva-NeuPro-Nano Embedded AI NPUs have gained traction in the AIoT and MCU markets with multiple customer wins and an enhanced development studio. The Ceva-NeuPro-Nano 32 and 64 MAC NPUs offer power, performance, and cost efficiencies for semiconductor companies and OEMs to deploy embedded AI models on their SoCs. The NPUs provide a unique all-in-one solution for feature extraction, neural network compute, DSP workloads, and control code execution, offering outstanding performance for voice, vision, and sensing workloads. Ceva has achieved several significant milestones, including the release of Ceva-NeuPro Studio as an IDE integrated solution to develop, optimize, deploy, and evaluate AI applications on Ceva-NeuPro-Nano.
https://www.prnewswire.com/news-releases/ceva-embedded-ai-npus-gain-traction-in-aiot-and-mcu-markets-with-multiple-customer-wins-and-enhanced-ai-software-studio-302343923.htmlCoeptis Therapeutics Holdings, Inc., a biopharmaceutical company, has signed multiple Managed Services Agreements valued at $1.25 million and anticipates a recurring monthly cash revenue stream of $450,000 from its NexGenAI Affiliates Network platform. The platform integrates AI-driven marketing software, robotic process automation, and data analytics to optimize campaigns and streamline operations. Coeptis' President and CEO, Dave Mehalick, stated that the early traction of the NexGenAI marketing platform reinforces the company's commitment to deliver exceptional value in the biopharmaceutical sector and pioneering technology in the marketing landscape. The company is expanding its business plan and expects the integration of AI-powered tools to elevate revenue growth and marketing processes, enhancing relationships with existing and prospective customers.
https://www.prnewswire.com/news-releases/coeptis-therapeutics-announces-first-customer-adoptions-of-its-nexgenai-marketing-platform-302343731.htmlCreateAI Holdings Inc., a global artificial intelligence technology company, rejected an unsolicited acquisition proposal from Steel Partners Holdings L.P. and Camac Partners LLC worth $0.46 per share, citing that it did not reflect the fair market value of the company. The Board of Directors, led by Chairman Cheng Lu, determined that the offer was not in the best interests of the Company and its stockholders. CreateAI is focused on developing generative AI technologies for digital entertainment content production, aiming to become a leader in the industry.
https://www.prnewswire.com/news-releases/createai-holdings-formerly-tusimple-board-of-directors-unanimously-rejects-unsolicited-proposal-from-steel-partners-and-camac-partners-302340541.htmlSafe Pro Group Inc., a leading provider of artificial intelligence solutions specializing in drone imagery processing, has received an official request from Ukraine's State Special Transport Service (SSTS) to purchase up to 50 AI-powered demining packages worth $5 million. The SSTS, which employs over 20,000 staff and has 5,000 trained deminers, plans to use the technology for its mission, similar to that of the US Army Corps of Engineers, in large-scale reconstruction projects.
https://www.businesswire.com/news/home/20241230132776/en/Safe-Pro-Group-Issued-Official-Request-by-Ukraine-to-Secure-5-Million-for-AI-Powered-Drone-Demining-Packagesd-Matrix Inc., a hardware startup based in Santa Clara, California, has introduced its first AI processor, Corsair. Backed by Microsoft and leveraging cutting-edge technology, Corsair eschews traditional GPUs and expensive high-bandwidth memory (HBM), delivering significant performance and cost benefits. The Corsair processor is purpose-built to handle demanding AI inference tasks, particularly for generative AI models such as Llama3 8B and Llama3 70B. It achieves 60,000 tokens per second at 1 ms per token in a single server and 30,000 tokens per second at 2 ms per token in a single rack, translating into substantial savings in energy and operational costs compared to traditional GPU-based solutions. Corsair is currently available to early-access customers, with broader availability planned for the second quarter of 2025.
https://www.techradar.com/pro/microsoft-backed-a-tiny-hardware-startup-that-just-launched-its-first-ai-processor-that-does-inference-without-gpu-or-expensive-hbm-memory-and-a-key-nvidia-partner-is-collaborating-with-itRenovaro Inc., a cancer diagnostics and therapeutics company powered by artificial intelligence, has regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). The company received a notification from the Nasdaq Listing Qualifications Department on September 12, 2024, stating that its common stock had been below $1.00 per share for 30 consecutive business days. Renovaro aims to accelerate precision and personalized medicine through its AI and biotechnology platforms, including its award-winning AI platform, Renovaro Cube, which focuses on early cancer detection and recurrence monitoring. The company's security will continue to be listed and traded on the Nasdaq Stock Market.
https://www.manilatimes.net/2024/12/21/tmt-newswire/globenewswire/renovaro-regains-compliance-with-nasdaq-listing-requirement/2026083