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Culinary Institute of the Pacific Taps CIA for new Workforce Development Program

Culinary Institute of America

Kapiʻolani Community College and the Culinary Institute of the Pacific today announced a collaboration with The Culinary Institute of America (CIA), the world’s premier culinary college, on a new workforce and professional development program. The program, designed for both professional chefs and people aspiring to join the foodservice and hospitality workforce, will offer in-depth, weeklong courses highlighting the cuisines of the Pacific Rim, Asia, Latin America, along with other global, plant-forward cuisines, contemporary garde manger, and more. Phase one of this program will launch early fall, with eight to 12 one-week-long programs taking place over the next year. The program kicks off September 16-20. "The collaboration between the Culinary Institute of the Pacific and the Culinary Institute of America (CIA) marks a pivotal moment aimed at truly creating a world-class culinary institute. By enlisting the support of CIA to introduce specialized classes for industry professionals and work force development, we're not just expanding our educational repertoire; but more importantly, highlighting the value of culinary education to the greater visitor industry and local community. This initiative will uplift the Culinary Institute of the Pacific, signifying a commitment to excellence and a dedication in fostering a community of highly trained, skilled, and innovative culinary professionals. It's a bold step towards realizing our goal of becoming globally competitive in culinary education and enriching the culinary landscape in Hawaiʻi for generations to come." - Chef Roy Yamaguchi, Director of the Culinary Institute of the Pacific. Yamaguchi, who was recently named Culinary Institute of the Pacific’s program coordinator will collaborate closely with the CIA’s chef instructors to develop a long-term and mutually beneficial relationship between the two organizations. “We are excited to collaborate with CIP to provide this workforce development program,” said Chef David Kamen, director of client experience at CIA Consulting. “These hands-on programs—set against the beautiful backdrop of Diamond Head—provides a dynamic learning environment and will help ensure the talent pipeline in the islands remains robust for years to come.” For more information or to register, visit https://culinaryinstitute.hawaii.edu/. About The Culinary Institute of America Founded in 1946, The Culinary Institute of America is the world’s premier culinary college. Dedicated to developing leaders in foodservice and hospitality, the independent, not-for-profit CIA offers associate, bachelor’s, and master’s degrees with majors in culinary arts, baking & pastry arts, food business management, hospitality management, culinary science, and applied food studies. The college also offers executive education, certificate programs, and courses for professionals and enthusiasts. Its conferences, leadership initiatives, and consulting services have made the CIA the think tank of the food industry and its worldwide network of more than 50,000 alumni includes innovators in every area of the food world. The CIA has locations in New York, California, Texas, and Singapore. For more information, visit www.ciachef.edu. About Culinary Institute of Pacific The programs at The Culinary Institute of the Pacific (CIP) at Kapiʻolani Community College planted its roots in 1946, then known as the “Hotel and Restaurant” program, under the Territorial Department of Public Instruction located at the Palama Settlement facilities. Since then, the program has moved from the Ala Wai Clubhouse to the Pensacola Campus to where it currently stands along the slopes of Lē‘ahi. The program has recently expanded its footprint to include the Culinary Institute of the Pacific at Diamond Head where two state-of-the-art culinary laboratories have been built and will soon be home to three prized facility additions: a Tasting Studio, the Food Creativity Center, and the highly anticipated CIP restaurant. The CIP program prides itself as a conduit for supporting the State of Hawai‘i’s culinary industry through a multitude of educational avenues, both short and long term, including bachelor’s degree transfer pathways, associate degrees, certificates, workforce development, and non-credit programming. The Culinary Institute of the Pacific programs extend across the University of Hawaiʻi Community Colleges System including programs at Leeward Community College, Kauaʻi Community College, Maui College, and Hawaiʻi Community College. Contact Details The Culinary Institute of America Amanda Secor - Associate Director, Industry Marketing & Communications +1 845-451-1457 amanda.secor@culinary.edu Lisa Yamamoto - Public Information Specialist +1 808-734-9136 lisany@hawaii.edu Company Website https://www.ciachef.edu/

April 16, 2024 10:35 AM Eastern Daylight Time

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TruChoice Achieves Great Place To Work Certification for Second Year

TruChoice

TruChoice Financial Group, LLC (TruChoice), one of the largest distributors of insurance products in the financial services industry, has become Great Place To Work-Certified™ for the second year in a row. “We are absolutely thrilled to once again become Great Place To Work-Certified™. At TruChoice, employees are the heart and soul of our organization, and their experience is our top priority,” said Scott Wheeler, Chief Marketing Officer of TruChoice. “This recognition is a testament to the incredible dedication and hard work of our team, and it reaffirms that efforts to prioritize employees' well-being and satisfaction have been successful.” Great Place to Work®, a global authority on workplace culture, brings more than 30 years of groundbreaking research and data to help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work-Certified™ or receiving recognition on a coveted Best Workplaces™ List. Wheeler added, “We are committed to providing a workplace that not only offers competitive compensation and benefits packages, but also fosters a sense of belonging and engagement. Our TruEngagement Committee has done an exceptional job of keeping our largely remote workforce connected through companywide virtual events and regional gatherings. This certification affirms that our dedication to creating a positive and inclusive work environment is making a real difference in the lives of our employees.” About TruChoice: TruChoice is a dynamic wholesaling organization that is one of the largest distributors of insurance products in the financial services industry. We provide access to 50-plus top-rated carriers and limited distribution products, feature a full-service marketing and advertising agency, and host industry-leading practice management events. Offering fixed annuities, life insurance, and long-term care products, our size and scale allow us to meet a variety of needs for a variety of business models. Whether we are helping you find your TruPath, providing a wealth of TruSolutions, or offering our unwavering TruSupport, OUR Tru is YOU. TruChoice Financial can be followed on LinkedIn, X, and Facebook. This information is intended for insurance-licensed financial professionals. Contact Details Chris Cowan +1 678-718-1951 mediarelations@truchoicefinancial.com Company Website https://www.truchoicefinancial.com/

April 16, 2024 10:30 AM Eastern Daylight Time

Clarified Precision Medicine Raises $1.2 Million in Seed Funding and Appoints Health Tech Leader Rajni Natesan, MD, MBA as CEO

Clarified Precision Medicine

Clarified Precision Medicine, the only company that provides oncologists with prioritized therapy options via a combination of algorithmic testing and physician oversight, announced that it closed on its seed round of $1.2 million led by Avestria Ventures, with participation from Joyance Partners, both early-stage funds focused on improving health. The company also named Rajni Natesan, MD, MBA as its Chief Executive Officer. Dr. Natesan is an experienced executive and medical doctor with an extensive background scaling startups at the intersection of healthcare and technology, with a focus on artificial intelligence and machine learning. “Clarified Precision Medicine is offering the right technology at the right time,” Dr. Natesan said. “I’m excited to guide Clarified through this period of commercialization and growth as we follow through on our mission to provide any patient, anywhere, with cutting-edge, guidelines-based access to precision medicine.” Founded in 2021 by Dr. Lincoln Nadauld, MD, PhD, Lisa Alderson, MBA, Howard McLeod, PharmD, and Jody Simon, PharmD, Clarified Precision Medicine uses an algorithm to analyze NGS lab results and then works with oncologists to interpret genomic test results to recommend the best targeted treatment. I n the United States, there are 18 million patients with a history of cancer and 1.9 million new cancer diagnoses each year. Patients who receive precision therapies have survival rates that are three times greater than those who do not. However, 75 percent of doctors say they need help interpreting genomic tests—which leads to more effective utilization of these powerful 21-century tools. Clarified’s combination of advanced technology and physician oversight provides oncologists at community cancer centers with the precision treatment knowledge and expertise usually reserved for leading research institutions. “Dr. Natesan is the perfect leader to help us scale Clarified Precision Medicine to ensure that oncology practices across the country have access to expert guidance to deliver improved outcomes,” said Clarified Precision Medicine Co-founder Lisa Alderson. “She has the right combination of business acumen and clinical expertise to drive adoption and engage with key stakeholders to make world-class precision medicine expertise accessible to every cancer patient and every oncology practice. We’re excited to support Dr. Natesan as she leads us into the next chapter of growth.” With deep C-suite expertise in finance, strategy, operations and clinical functions across medical devices and health tech, Dr. Natesan has led companies across all phases of their product and organizational life cycles, from conceptual design to FDA trials, commercialization, IP and M&A preparation. Dr. Natesan began her career as one of the first physicians on Wall Street, leading health care mergers, acquisitions and financing deals for pharma, biotech and med device clients as an investment banker in Lehman Brothers’ health care group and as a health care strategy consultant in a boutique practice. Most recently, Dr. Natesan served as Chief Strategy and Medical Officer at Braid Health, a venture-backed, disruptive digital health infrastructure company. Clarified Precision Medicine is already supporting numerous U.S. oncology practices and testing labs and offers flexible payment options, including direct insurance billing in some cases. More information on Clarified Precision Medicine solutions is available from the Clarified Precision Medicine Business Development team. About Clarified Precision Medicine Clarified Precision Medicine is the first scalable molecular tumor board with a combination of ML-based platform plus medical group, offering expert clinical somatic and pharmacogenomics consultations through its ClarifiedSelect™ and OncoGuardian™ solutions. Clarified accelerates the delivery of guidelines-based genomic insights to patients and providers by bringing together nationally recognized experts in medical oncology, oncology pharmacy, data integration, and molecular pathology who have over 100 years of collective experience in the application of precision oncology. For more information, visit: www.clarifiedprecisionmedicine.com Contact Details For Clarified Precision Medicine info@clarifiedmedicine.com Company Website https://clarifiedprecisionmedicine.com/

April 16, 2024 10:09 AM Eastern Daylight Time

Bureau of Prisons authorized large bonuses for top executives while slashing retention pay programs for union workers

American Federation of Government Employees (AFGE) Local 4070

The Bureau of Prisons (BOP) continues its pattern of lining the pockets of top executives while slashing the pay for line-level union workers nationwide. While top BOP executives, administrators, and wardens enjoy significant bonuses, line-level public safety union workers continue to bear the brunt of indiscriminate pay cuts and slashed retention pay programs. At FCI Thomson (IL), line-level workers were informed just before Christmas 2023 that their 25% retention pay would be slashed. Meanwhile failed wardens and other management staff would receive $14,000 - $30,000 in bonuses and compensation. A FOIA (Freedom of Information Act) revealed these bonuses were paid out in 2023 while the retention pay was cut at FCI Thomson: Former FCI Thomson Warden Thomas Bergami received a $14,000 bonus, $20,000 was paid to Acting Assistant Director Alix M. McClearen, and a $30,000 top bonus was paid to North Central Regional Director Andre Matevousian. While BOP Director Colette Peters begs for pennies, testifying before Congress that “our officers do not get paid enough,” her administration seems extremely adamant in ensuring her BOP executives are receiving executive bonuses while slashing pay for Union workers. This is a renewed call for the Federal Prison Oversight Act to ensure appropriate allocations of BOP funds. More Info here: https://www.ossoff.senate.gov/press-releases/news-sen-ossoffs-bipartisan-bill-to-overhaul-federal-prison-oversight-passes-key-u-s-house-committee/ Contact Details American Federation of Government Employees (AFGE) Local 4070 Joe Cameron +1 774-306-1300 joe@modernfortis.com

April 16, 2024 09:00 AM Central Daylight Time

Financial Gravity Welcomes Kaili Winters back to Financial Gravity as our Chief Compliance Officer and Strategy Implementation Lead

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (OTC: FGCO), a leading provider of innovative financial services solutions, is excited to welcome Kaili Winters back to Financial Gravity as our Chief Compliance Officer and Strategy Implementation Lead Kaili Winters brings a wealth of experience in the financial services industry to Financial Gravity. She specializes in helping ensure regulatory adherence and risk management. Kaili navigates complex regulatory landscapes with precision, helping ensure that her firm and clients remain compliant with ever-evolving regulations. She is adept at developing and implementing compliance policies and procedures, conducting audits, and providing training to help ensure a culture of compliance throughout the organization. Kaili's dedication to upholding the highest ethical standards and keen attention to detail will be invaluable assets in safeguarding Financial Gravity’s reputation and our clients' interests. Kaili also plays a key role in shaping strategic initiatives related to financial services. She collaborates with senior leadership to develop and execute strategies that drive growth, enhance client satisfaction, and mitigate risks. Kaili's strategic insights help the firm adapt to market changes, innovate in financial services offerings, and deliver exceptional value to clients. Her proactive approach to compliance and strategic planning helps ensure the firm remains competitive and well-positioned in a dynamic financial landscape. Kaili holds TX life and health licenses and Series 7, 66, and 24 certifications, further enhancing her expertise and credibility in the industry. Kaili shared, "I was drawn to Financial Gravity because of their innovative approach to financial services. Joining Financial Gravity allows me to be part of a forward-thinking team dedicated to making a meaningful impact in the financial lives of individuals and businesses." "I am thrilled to welcome Kaili back to Financial Gravity as our Chief Compliance Officer and Strategy Implementation Lead. Kaili's proven track record and deep understanding of the financial services industry will be instrumental in guiding our continued growth and ensuring we meet the highest standards of compliance. Her return is a testament to our commitment to building a best-in-class team and delivering exceptional value to our clients." - Scott Winters, CEO, Financial Gravity" For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

April 16, 2024 09:33 AM Eastern Daylight Time

News Release

Bitcoin's Ascent Sparks Reemergence in Bitcoin Mining: BitMine Immersion Technologies Inc. (OTCQX: BMNR)

BMNR

In the landscape of cryptocurrency, few sectors have garnered as much attention and investment as Bitcoin mining. As Bitcoin prices oscillate and the market adapts to regulatory changes and technological advancements, investors are increasingly looking to capitalize on opportunities within this dynamic sector. Following a period of consolidation driven by regulatory uncertainties and macroeconomic factors, the cryptocurrency market has witnessed a resurgence in recent times. The approval of spot-priced Bitcoin ETFs by the SEC signaled a maturing market, attracting both retail and institutional investors. As Bitcoin prices flirt with the mid- to upper-$60,000 range, mining stocks stand to benefit from the scarcity-driven dynamics expected post-halving. This potential for increased value adds to the appeal of investing in Bitcoin mining. BitMine Immersion Technologies, Inc. (OTCQX: BMNR) Amidst this backdrop, BitMine Immersion Technologies, Inc. (OTCQX: BMNR) stands as a potential candidate for investment consideration. With a focus on immersion technology, strategic partnerships, and a commitment to shareholder communication, BitMine is carving its path to success in the competitive world of Bitcoin mining. Innovative Technology and Operations BMNR distinguishes itself in the competitive landscape of Bitcoin mining through its innovative use of immersion technology. By submerging mining computers in specialized oil, BitMine achieves optimal operating temperatures while reducing environmental impact and operating expenses. With operations strategically located in low-cost energy regions such as Trinidad, Pecos, Texas, and Murray, Kentucky, BitMine maximizes profitability while maintaining a sustainable footprint. Growth and Partnerships BitMine's strategic initiatives, including acquisitions and partnerships, underscore its commitment to growth and operational efficiency. The acquisition of 1050 Antminer S-19 ASIC mining computers in October 2023 marked a significant milestone, quadrupling production and expanding operations across multiple sites. This transaction, financed through a combination of company funds and a forward sale of future Bitcoin production, exemplifies BitMine's innovative approach to capital deployment. Moreover, the recent partnership with Luxor Technology Corporation demonstrates BitMine's agility in exploring new revenue streams. Through a mining computer lease agreement, BitMine secures access to nearly 800 Antminer S-19s, maximizing mining revenue without significant capital expenditure. This forward-thinking approach underscores BitMine's commitment to shareholder value and operational excellence. Shareholder Engagement and Leadership A hallmark of BitMine's corporate strategy is its commitment to transparent communication and shareholder engagement. CEO Jonathan Bates's letter to shareholders in November 2023 provided detailed updates on key milestones and operational progress across all mining locations. From electrification updates to production forecasts, Bates's communication fosters trust and confidence among shareholders, positioning BitMine as a reliable investment opportunity in the dynamic cryptocurrency market. Additionally, the appointment of John Kelly to the Board of Directors in January 2024 further strengthens BitMine's leadership team, bringing extensive experience in construction, engineering, and Bitcoin mining site development. Kelly's addition underscores BitMine's focus on strategic expansion and operational excellence. Performance and Outlook In an open letter to shareholders today, April 16, Chairman and CEO Jonathan Bates highlighted the company's substantial revenue growth in the quarter ending February 29, 2024. BitMine reported total revenue of $891,613 for the quarter, a 74% increase from the previous quarter. Additionally, BitMine recorded a gain of $76,591 from the sale of Bitcoin during the quarter. Bates emphasized BitMine's low corporate overhead and attractive energy costs, noting, "We feel uniquely positioned to take advantage of any drop in machine prices or distress by our competitors." The company added an additional 750 miners through a short-term lease in March and plans to negotiate new lease terms once the lease expires. It also has the capacity to increase its fleet by 25-35% in terms of company-owned machines. Furthermore, BitMine is engaged in discussions with several investment banks about potential uplisting from the OTCQX to NASDAQ or NYSE/AMEX within the next two quarters. Bates also mentioned the company's expansion of its board with the addition of Lori Love and John Kelly, with plans to add more quality members in the coming months. As the cryptocurrency market continues to evolve, BitMine Immersion Technologies, Inc. (OTCQX: BMNR) emerges as a company with significant potential in Bitcoin mining. Through immersion technology, strategic partnerships, and transparent communication with shareholders, BitMine is strategically positioning itself in the market. With a track record of progress and a commitment to sustainable growth, BitMine aims to deliver long-term value to investors in the dynamic world of cryptocurrency. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by Awareness Consulting to produce and distribute this content related to BMNR. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

April 16, 2024 09:30 AM Eastern Daylight Time

Kevel Certified as a Most Loved Workplace

Kevel

Kevel has become certified as a Most Loved Workplace® backed by the research and analysis of Best Practice Institute (BPI). Most Loved Workplace (MLW) validation provides the most comprehensive look at workplace sentiment for organizations today. “Kevel’s driving philosophy regarding the management of our people is that, ‘we are all adults’. We lead with respect, positive intent and transparency, and we actively live our values as the backbone of our regular decision making at all levels of the company. We have continuous growth conversations with our employees and provide company financials openly in regular all-hands meetings to make sure we bring every single person along this journey with us. We collect employee feedback in engagement surveys and openly share the results. We get The regular feedback we get from our employees demonstrates how these practices foster an environment of mental stability, wellbeing and safety that allows us to thrive and grow, driving us towards success as a team.” James Avery, Kevel CEO and Founder Kevel has been certified as a Most Loved Workplace® because of its dedication to being a true people-first organization where vulnerability, authenticity and transparency are encouraged and valued. The Kevel team aims to build an environment where every employee feels respected, welcomed and heard. As a remote first organization, Kevel is focused on providing a highly communicative and collaborative environment that enables flexibility and autonomy for its employees. Kevel strives to promote from within and ensure that every employee has the opportunity to reach their full potential. The Most Loved Workplace accreditation certifies companies where employees are the happiest and most satisfied at work. Kevel became certified as a Most Loved Workplace based on its scores on the Love of Workplace Index™, which surveyed employees on various elements around employee satisfaction and sentiment including the level of respect, collaboration, support, and sense of belonging they feel inside the company. "I started Most Loved Workplaces out of inspiration from my community of people who consciously place love for their employees at the center of their business model," said Louis Carter, the founder, and CEO of BPI and a social/organizational psychologist, thought leader, entrepreneur, and author. Carter's book, "In Great Company: How to Spark Peak Performance by Creating an Emotionally Connected Workplace," identifies the specific areas needed to become a highly respected, reputable organization where people love to work with each other – a Most Loved Workplace. Backed by BPI, in its original research that created MLW criteria, Most Loved Workplaces surveyed more than 175 companies and more than 3,000 executives across the United States, the Middle East/Northern Africa, and Southeast Asia. They found that productivity rises as employee sentiment increases, with 94 percent of responders saying they did three to four times more work for a company they loved and 95 percent saying they stayed at companies they loved three to four times longer. The Most Loved Workplace certification is the most valid method to determine employee experience and recognize a great workplace. To view Kevel’s company certification, visit the certification page. To learn more about the Most Loved Workplace certification, visit https://mostlovedworkplace.com/ and the Best Practice Institute, visit bestpracticeinstitute.org. About Kevel Kevel powers world-class retail media networks with the Retail Media Cloud™. With the combination of the Kevel Ad Server and Kevel Audience, multi-brand retailers, marketplaces, and ecommerce companies can launch limitless ad formats and unique targeting segments online and in-store, all with closed-loop attribution. Kevel believes that every digital retailer should have the capability to scale their own distinct ad platform, just like big tech players like Amazon. Customers like Edmunds, Klarna, Delivery Hero, Leroy Merlin, Slickdeals, and other leading retailers and marketplaces all launched their own retail media network with Kevel. The company has garnered numerous accolades, most recently earning recognition as one of the leading 100 innovative tech start-ups driving the future of brand-to-consumer in 2023 and awarded the MarTech Breakthrough Award for best overall ad tech company in 2022. Learn more at www.kevel.com. Contact Details Kevel Jennifer Choo, Director of Marketing +1 973-343-8819 jchoo@kevel.com

April 16, 2024 09:00 AM Eastern Daylight Time

PathAI Partners with Google Cloud to Transform Drug Discovery and Precision Medicine Through AI-Powered Pathology

PathAI

PathAI, a global leader in AI-powered pathology, today announced a strategic partnership with Google Cloud at Bio-IT World Conference & Expo to help biopharma companies and anatomic pathology (AP) labs accelerate the adoption of AI and digital pathology. PathAI’s AISight 1 Intelligent Image Management System (IMS) is an AI-native IMS that seamlessly blends PathAI and third-party algorithms into a single laboratory workflow and image analysis platform, providing researchers and pathologists direct access to powerful biomarker quantification tools that have the potential to increase lab operational efficiency and aid in disease staging and scoring. PathAI will leverage Google Cloud’s infrastructure to bring AISight to more biopharma companies and AP labs worldwide, enabling faster deployments of novel AI models for a variety of clinical and research needs. "Bio-IT World is where pioneers convene to address the industry's most significant challenges, including how to leverage massive scale data from biological and clinical studies to accelerate the discovery and development of transformative new therapies for patients. PathAI partners across the drug development paradigm, firstly with biopharma by enabling the development of new insights and diagnostics and supporting global clinical trials through PathAI’s AISight Clinical Trials platform, trial-ready algorithms, and Good Laboratory Practice (GLP) and Good Clinical Practice (GCP) compliant laboratory; and also with AP labs ensuring scaled access to algorithms through AISight," said Dr. Andy Beck, CEO and co-founder of PathAI. "Our partnership with Google Cloud helps us transform our capabilities to accelerate adoption of these powerful tools and ultimately reshape how disease is understood and treated.” The partnership will involve the integration of PathAI’s AISight solution with Google Cloud's infrastructure and AI capabilities, providing: Accelerated adoption of precision medicine solutions: Google Cloud's infrastructure enables rapid scaling of AISight's digital pathology IMS and algorithmic capabilities globally, aiding digital pathology laboratory operations and researchers in processing petabytes worth of data for large-scale biomarker discovery and clinical studies, ultimately bringing advancements to patients more quickly. Customized solutions and tailored AI models: The latest Google Cloud AI tools within the AISight platform provide the ability to quickly develop customized solutions and deploy novel AI models tailored to specific research needs. "We understand the urgent need within the biopharmaceutical industry for secure, scalable solutions in AI-driven drug discovery, laboratory operations, and biomarker quantification,” said Ryan Terry, managing director, Healthcare and Life Sciences, Google Cloud. "We're incredibly excited to partner with PathAI to create a new wave of solutions that leverage precision medicine to help solve the industry’s most significant challenges." 1 AISight is For Research Use Only. Not for use in diagnostic procedures. About PathAI PathAI is dedicated to improving patient outcomes through its groundbreaking AI-powered pathology platform. Our solutions provide invaluable insights for biopharmaceutical companies, researchers, and laboratories, ultimately enabling precision pathology and the vision of more effective treatments. Learn more at www.pathai.com. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

April 16, 2024 09:00 AM Eastern Daylight Time

Unicorn Hailo Closes $120 Million Funding Round, Debuts Powerful Hailo-10 AI Accelerator Bringing GenAI To Edge Devices

OurCrowd

By Matthew Kalman Hailo, the pioneering chipmaker of edge artificial intelligence (AI) processors, announced the successful extension of its series C fundraising round with an additional investment of $120 million, bringing its valuation to more than $1 billion, Bloomberg reported. The successful close is “the latest sign of investor enthusiasm for startups that can help address a global chip shortage and fuel the development of generative AI,” Bloomberg reported. The company also announced the introduction of its innovative Hailo-10 high-performance generative AI (GenAI) accelerators that usher in an era where users can own and run GenAI applications locally – including on many edge devices – without registering to cloud-based GenAI services. “Hailo’s chips execute AI tasks with lower memory usage and power consumption than a typical processor, making them a strong candidate for compact, offline and battery-powered devices such as cars, smart cameras and robotics,” said TechCrunch. While the funding round has officially closed, investors can still participate in this raise for a limited period via an exclusive allocation available through OurCrowd, the online investment platform. “OurCrowd first invested in Hailo when it was valued at about $30 million. Now it’s a unicorn,” said Jon Medved, OurCrowd’s Founder and CEO. “We are excited and delighted to be able to offer investors the opportunity to participate in the development of impressive startups like this.” The current round brings Hailo’s total funding to more than $340 million. “The closing of our new funding round enables us to leverage all the exciting opportunities in our pipeline, while setting the stage for our long-term future growth,” said Orr Danon Hailo’s CEO and Co-Founder. “Together with the introduction of our Hailo-10 GenAI accelerator, it strategically positions us to bring classic and generative AI to edge devices in ways that will significantly expand the reach and impact of this remarkable new technology.” “We designed Hailo-10 to seamlessly integrate GenAI capabilities into users’ daily lives, freeing users from cloud network constraints. This empowers them to utilize chatbots, copilots, and other emerging content generation tools with unparalleled flexibility and immediacy, enhancing productivity and enriching lives,” Danon said. GenAI At The Edge The new Hailo-10 GenAI accelerator enables a whole spectrum of applications that maintain Hailo’s leadership in both performance-to-cost ratio and performance-to-power consumption ratio. Hailo-10 leverages the same comprehensive software suite used across the Hailo-8 AI accelerators and the Hailo-15 AI vision processors, enabling seamless integration of AI capabilities across multiple edge devices and platforms. Enabling GenAI at the edge ensures continuous access to GenAI services, regardless of network connectivity; obviates network latency concerns, which can otherwise impact GenAI performance; promotes privacy by keeping personal information anonymized and enhances sustainability by reducing reliance on the substantial processing power of cloud data centers. By unlocking the power of GenAI on edge devices, such as personal computers, smart vehicles and commercial robots, Hailo-10 allows users to completely own their GenAI experiences, making them an integral part of their daily routine. Hailo accomplishes this immersive GenAI experience through a Hailo-10 architecture that supports maximum GenAI performance with minimum required power. “As GenAI on the edge becomes immersive, the focus turns to handling large LLMs in the smallest possible power envelope — essentially less than five watts,” Danon said. Since its founding in Israel in 2017, Hailo has become a leading global supplier of intelligent AI chips that serves more than 300 customers around the world. The company has offices in the United States, Europe, Japan, South Korea, China and Taiwan. “Whether users employ GenAI to automate real-time translation or summarization services, generate software code, or images and videos from text prompts, Hailo-10 lets them do it directly on their PCs or other edge systems, without straining the CPU or draining the battery,” Danon said. Top Class Performance Hailo’s specialized AI processors enable data center-class performance on edge devices. Hailo’s processors are the product of a rethinking of traditional computer architecture, enabling smart devices to perform sophisticated deep learning tasks such as object detection and segmentation in real-time, with minimal power consumption, size and cost. The processors are designed to fit into a multitude of smart machines and devices, impacting a variety of sectors including compute, automotive, security, industry 4.0, and retail. Early applications of Hailo-10 GenAI accelerators will be targeting PCs and automotive infotainment systems, empowering current and future CPUs that cannot by themselves power the chatbots, copilots, personal assistants and speech-operated operating systems that have become standard today. Hailo will begin shipping samples of the Hailo-10 GenAI accelerator in Q2 of 2024. Among popular GenAI platforms, Hailo-10 can run Llama2-7B with up to 10 tokens per second (TPS) at under 5W of power. In processing Stable Diffusion 2.1, a popular model that produces images from text prompts, Hailo-10 is rated at under 5 seconds per image in the same ultra-low power envelope. Hailo-10 is capable of up to 40 TOPS (tera operations per second), a new performance standard for edge AI accelerators. Hailo-10 is faster and more energy efficient than integrated neural processing unit (NPU) solutions and delivers at least 2X more performance at half the power of Intel’s Core Ultra NPU, according to recently published benchmarks. Hailo will be present at the Embedded World exhibition in Nuremberg, April 9-11, Booth 126, Hall 1, and at the ISC West exhibition in Las Vegas, April 10-12, Booth #31065. For more information about investing in Hailo via the OurCrowd platform, click HERE. Featured photo courtesy of OurCrowd. OurCrowd was started in 2013, driven by the idea that the business of building startups grows bigger and better when the global ‘crowd’ gains access to VC-level investment opportunities.Today, OurCrowd is a global venture and alternative investing platform that empowers institutions and individuals to invest and engage in emerging companies. OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Lisa Graston lisa.graston@ourcrowd.com Company Website http://www.ourcrowd.com

April 16, 2024 08:45 AM Eastern Daylight Time

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