Saturday, November 16, 2024

CISION PR Newswire

SANY Witnesses the Birth of The Land of the Future

SANY Group is deploying 2,500 machines for NEOM, a sustainable city in Saudi Arabia. NEOM is part of Saudi Vision 2030, an economic transformation plan. The city consists of three regions: Oxagon, Trojena, and THE LINE. THE LINE is a clean energy city with no roads or cars. SANY has deployed over 1,672 machines and will continue to increase as orders come in. NEOM is set to be completed by 2030.

TCIEXPRESS Reports Another Quarter of Sustained Performance with Improved Sequential Margins

TCI Express reports Q2 FY24 revenue of Rs. 322 crores, up 5% Q-o-Q.

KENNAMETAL INTRODUCES NEW TURNING GRADE FEATURING KENGOLD TECHNOLOGY

Kennametal Inc. introduces KCU10B turning grade with enhanced coating technology for cutting difficult materials.

GIGABYTE Announces AI Strategy for Consumer Products to Map the Future of AI

GIGABYTE unveils AI strategic framework for consumer PC market, focusing on comprehensive AI operating platform, AI-based product design, and AI ecosystem engagement.

Darwinium Raises $18 Million to Accelerate Global Adoption of its Edge-based Digital Security and Fraud Prevention Platform

Digital security and fraud prevention platform Darwinium raises $18 million, bringing total funding to $26 million. The company aims to combat online fraud using its innovative approach, which includes moving fraud detection processes to the customer's network perimeter and employing a SaaS-based data protection model. The funding will allow Darwinium to expand its solution globally and cater to various industries, including fintech, eCommerce, financial services, and gaming/gambling. The platform has already gained recognition from Gartner for its fraud detection capabilities and journey-time orchestration capabilities.

Blockchain and Distributed Ledger Technologies on Bumpy but Sure Path to US$25 Billion Market by 2027

The blockchain market is expected to reach a value of $25 billion by 2027. Despite volatility, the technology continues to evolve and mature, particularly in the financial sector. Efforts to improve energy efficiency and regulatory frameworks are driving advancements in the industry. ABI Research provides market data and analysis on blockchain and distributed ledger technologies.

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