Technology

Tech Companies Leading the Charge in the Transformative AI Era

Published

2 years ago

June 28, 2024

USA News Group Commentary

Issued on behalf of Avant Technologies Inc.

VANCOUVER, BC, June 28, 2024 /PRNewswire/ — USA News Group – The world is changing rapidly thanks to artificial intelligence (AI), with what’s being called the Transformative AI era which comes with great benefits and also potential dangers. The economic impacts are global, with a new report from The Bank for International Settlements (BIS) urging central banks to adapt rapidly to AI advances. Now it’s become apparent how important it is for companies to understand how to harness the full potential of GenAI to secure strategic revenue growth in the coming years. The surge of AI’s usefulness is accelerating innovation in R&D, while behind the scenes tech companies are advancing the infrastructure required to keep this revolution going, including new developments from Avant Technologies Inc. (OTCQB: AVAI), Accenture plc (NYSE: ACN), Cloudflare, Inc. (NYSE: NET), Alphabet Inc. (NASDAQ: GOOG, GOOGL), and Amazon.com, Inc. (NASDAQ: AMZN).

Known for pioneering advancements in AI, Avant Technologies Inc. (OTCQB: AVAI) has persistently refined and expanded its premier offering, Avant AI™. This sophisticated AI platform, celebrated for its machine learning and deep learning capabilities, is the culmination of Avant’s efforts to deliver unprecedented and cost-effective compute infrastructure that unlocks the full potential of AI and ushers in a new era of technological advancement.

“There is a real unmet need as rapid growth across the entirety of the AI and big data industries is outpacing the necessary infrastructure for an industry that demands exponential power and capacity while remaining cost effective,” said Avant’s CEO William Hisey in a recent address of progress on AI supercomputer-driven data centers. “Avant’s ‘edge-native’ approach doesn’t rely on cloud-based services so we can offer AI and big data companies many advantages over the more familiar ‘cloud-native’ approach, including, reduced latency, improved security and privacy, increased scalability, and reduced costs.”

In a recent strategic development, Avant entered into a Binding Letter of Intent (BLOI) with Flow Wave, LLC (FW), a prominent Florida-based firm specializing in immersible computer server technology. This agreement allows Avant to acquire up to 50 cutting-edge immersible computer servers from FW, in a transaction valued at $50 million.

“By integrating proprietary machine learning algorithms with open-source innovations into these servers, Avant is developing a highly intelligent system designed to optimize resource allocation, enhance performance, and drive unprecedented levels of efficiency and automation,” said Hisey. “This marks the beginning of a new era for Avant Technologies, positioning us at the forefront of the supercomputer-driven data center industry and setting new standards for managing and storing AI applications.”

Flow Wave Immersible AI Supercomputer Servers are engineered for demanding AI and machine learning applications, delivering powerful processing capabilities that accelerate data analysis. Their cutting-edge cooling system is both energy-efficient and cost-effective, reducing environmental impact. These servers’ compact design facilitates easy installation in space-constrained data centers, and their robust construction ensures longevity and lower maintenance requirements.

In response to digital era challenges, Avant intends to acquire up to 50 of these high-performance servers. Their superior cooling technology boosts performance while conserving energy, aligning with Avant’s goal of providing top-tier AI infrastructure and maximizing efficiency. Additional details about the acquisition will be shared once the final agreement is secured.

In Q3 2024, Accenture plc (NYSE: ACN) brought in over $900 million in new Generative AI bookings, for a total of $2 billion fiscal year-to-date. Despite missing its overall earnings targets, the market responded by sending its shares upward.

“We achieved strong new bookings of over $21 billion, up 22% over last year, and continued to accelerate our strategy to be the reinvention partner of choice, with another 23 clients with quarterly bookings of over $100 million, bringing the total of such bookings to 92 year-to-date,” said Julie Sweet, Chair and CEO of Accenture. “We also achieved two significant milestones this quarter — with $2 billion in Generative AI sales year-to-date and $500 million in revenue year-to-date — which demonstrate our early lead in this critical technology.”

Back in May, Accenture took steps to help its clients to scale their Generative AI responsibly.

“Clients are eager to embrace the potential of generative AI, and we are ready to help them build responsible AI into every use,” said Sweet. “We do this for ourselves, and we can use that example to help our clients find success faster. Our focus is to enable our clients to innovate AI safely and be ready to seize the opportunities that AI will bring in the decades ahead.”

Recently, the cloud-based security solution provider Cloudflare, Inc. (NYSE: NET) unveiled the general availability of its AI Gateway platform. Marketed as a comprehensive interface for managing and scaling generative AI workloads, the platform has transitioned from its beta phase, which started in September 2023, to full client use after successfully handling over 500 million requests.

This launch coincides with Cloudflare’s announcement of a partnership with Hugging Face, a leading platform for AI developers. The collaboration offers a one-click global deployment for AI applications via the Workers AI platform, now also generally available. As the first serverless inference partner integrated on the Hugging Face Hub, this allows developers to deploy AI models quickly, easily, and cost-effectively on a global scale, without the need for managing infrastructure or paying for unused compute capacity.

“Workers AI is one of the most affordable and accessible solutions to run inference,” said Matthew Prince, CEO and co-founder, Cloudflare. “With Hugging Face and Cloudflare both deeply aligned in our efforts to democratize AI in a simple, affordable way, we’re giving developers the freedom and agility to choose a model and scale their AI apps from zero to global in an instant.”

In the education space, Alphabet Inc. (NASDAQ: GOOG, GOOGL) through Google, is bringing new AI tools to Google Workspace for teen students using their school accounts to help them learn responsibly and confidently in an AI-first future, and empowering educators with new tools to help create great learning experiences.

“In the coming months, we’re making Gemini available to teen students that meet our minimum age requirements while using their Google Workspace for Education accounts in English in over 100 countries around the world, free of charge for all education institutions,” said Google in a blog post. “To ensure schools are always in control, Gemini will be off by default for teens until admins choose to turn it on as an Additional Service in the Admin console.”

Google has also developed a number of resources and trainings to help students, parents and educators use generative AI tools responsibly and effectively, including a video on how teens can responsibly use AI while learning.

After recently hitting a $2-trillion valuation, Amazon.com, Inc. (NASDAQ: AMZN) continues to be a big player in the AI space. Now it’s reportedly working on its own AI chatbot that some say might be smarter than ChatGPT, named Metis, which will generate answers by grabbing info from the internet.

Metis is driven by an internal Amazon AI model known as Olympus, drawing inspiration from Greek mythology. According to sources, Olympus is a more advanced version of Amazon’s publicly available Titan model.

Amazon’s CEO Andy Jassy has noted that nearly every division within the company is engaged in some form of AI project. As a pioneer in cloud computing, Amazon has been developing machine learning, a subset of AI, for many years. Jassy recently announced that Amazon’s AI initiatives are projected to generate over $1 billion in annual revenue, with expectations of driving “tens of billions of dollars” in sales in the coming years.

However, Amazon has lagged in the realm of consumer AI assistants. An internal document from last year highlighted that Amazon “does not have a publicly or internally available product that looks and works exactly like ChatGPT.”

According to a source reported by Business Insider, the tentative launch date for Metis is September, right around the time when Amazon is set to host a big Alexa event, although the timeline could still change.

Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/

CONTACT:

USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

View original content:https://www.prnewswire.co.uk/news-releases/tech-companies-leading-the-charge-in-the-transformative-ai-era-302185931.html

Technology

Commodore Announces Callback 8020, the Mobile Phone That Helps You Disconnect

Published

53 minutes ago

June 17, 2026

No social media. No browser. No work. It’s time to live again.

DOVER, Del., June 16, 2026 /PRNewswire/ — Commodore today announced a mobile phone with no social media, no email, no browser, and no apologies. Arriving later this year, the Commodore Callback 8020 is the flip phone between dumb and smart, built for a world that wants to flip off ‘always on’. (Video)

In 1986, Commodore Founder Jack Tramiel stated, “Most major corporations don’t respect people … I don’t believe in that.” And the Callback arrives at a time when a growing number of consumers, parents, and policymakers are questioning the cost of never ending connectivity, carrying all of the world’s information in your pocket, and chasing likes on a glowing black rectangle. Commodore is positioning the device not just as a retreat from ‘Black Mirror’ technology, but as a return to technology’s original promise: tools that serve their users, not enslave them. Where the customer is not the product. And where the product reflects the techno-optimism of ‘the future we were promised’ from the early 2000s.

“Those same major corporations are convinced their phones should fold, and we agree. We think they should fold completely,” said Peri Fractic, CEO and President, Commodore. “Becoming a new parent a few years ago made me ask myself what type of father I wanted to be, and led me to realise that like so many of us, I was addicted to my smartphone. Switching to a dumbphone three years ago changed my life. I’m more present. I enjoy looking at the world around me. I don’t reach for my phone every few minutes. And my two year-old daughter doesn’t see me staring at something she doesn’t understand for half of the day. But the minimal phones I tried were too minimal, and so at Commodore we set out to create “the not dumb dumbphone”. The Commodore Callback is the phone I wished had existed when I started my journey, and the one we now want to put in the hands of everyone who’s ready to escape the doomscrolling and distractions, with a speed bump for the mind.”

Offering a beautiful retro-aesthetic flip phone style, the Callback’s look and feel is inspired by the Y2K era in both form and functionality, updated with sophisticated modern capabilities thanks to Commodore’s new partnership with Jolla, who have adapted their Sailfish OS for use on Callback. The roots of Linux-based Sailfish OS trace directly back to Nokia’s mobile operating system legacy. The platform is maintained with Commodore by Jolla, the Finnish company founded by veteran Nokia team members instrumental in that OS’s creation.

“At Jolla, our mission is to put the control back into the hands of users, not data aggregators,” said Sami Pienimäki, CEO & Co-founder of Jolla. “Partnership with Commodore perfectly illustrates how Sailfish OS empowers individuals to reclaim their digital independence through true, user-first innovation.”

“There is something very fitting about a company like Commodore – where the lights dimmed in the nineties – returning ready to enter its Y2K era just as consumers are beginning to move back to that simpler tech,” added Fractic.

While not Commodore’s first telephone (the company sold a Commodore branded rotary dial phone in Canada in 1983), the new phone’s 8020 model number acts as both a successor to Commodore’s highest numbered communications device – the 8010 modem – and a reference to Commodore’s 80s heritage and 2000s tech aesthetic.

The Callback 8020 features:

The best Android apps, without Android: Sailfish OS offers a completely de-Googled experience compatible with over 99% of Android apps, including popular favorites like WhatsApp messaging, Maps, and Spotify. This is achieved thanks to Sailfish OS’s Android Runtime app compatibility layer.Privacy First: Commodore and Callback don’t collect personal data without consent, don’t monetize data, don’t track cookies, and don’t monitor activities. Callback is built on Sailfish OS, a major mobile OS designed not to monetize your data or share it with third parties. Your personal information doesn’t belong to anybody but – and is only ever used to provide services to – you. (Notably the official Commodore website is also one of the few in the tech world that does not employ tracking cookies for this same reason.)Peaceful by Design: Internet browsers and social media are blocked at the system level using patent pending technology, eliminating temptation and designed with distraction-free schools in mind*. Its dome LED notification system removes the need to rely on distracting popup messages designed to make you click things. The philosophy is to take people away from screens as much as possible.Off Hours: No Slack. No Email. When you’re not at work, you’re not at work. If you’re needed, they can “callback” tomorrow.Communal: Callback celebrates real communication. From texting with predictive text, to messaging platforms like Signal or WhatsApp, we want you to stay in touch. It even supports a third party app that allows Apple’s iMessage to work**Capable: Connected to the internet but not the web, for everything you need and nothing you don’t: maps, home security, QR codes, and worldwide band compatibility – you name it.Customizable: Get back to a world where you can replace your battery, swap out colorful covers, add a charm, and truly make your phone your own.Classically Commodore: Play your way with a curated collection of Commodore 64 games, carefully selected to avoid the addictive nature of modern mobile games, and bask in the red glow of Callback’s exterior display, inspired by classic Commodore calculators of the 1970s. It displays just date, time, battery, and signal. No popup notifications. And of course, with Nokia heritage, the Callback has to have Snake (it’s the law).Sonically Commodore, too: Relive the earliest days of chiptunes with a full 8-Bit SID music player and SID ringtones, honoring the Commodore 64’s breakthrough sound chips with officially licensed classic, and new, tunes.Hi-Def Audio + IEMs: Audiophile grade music DAC on board, with chips from companies with strong heritage ties back to the Commodore ecosystem. HD Audio includes albums from artists such as LukHash and Anders Enger Jensen. Also includes HD in-ear monitor (IEM) earphones – with a 3.5mm jack and inline remote, of course. It even has a built-in FM radio for infinite free music in your pocket.

Callback marks Commodore’s first entry into the world of purpose-driven future facing technology, which the company firmly believes is necessary to restore autonomy and privacy to a populace which has been robbed of both. The company’s two pillars of retro and futurism are both built around devices that serve and excel at a deliberate function, without distraction, and can be put down just as easily as they were picked up.

“Humanity was sold the convenience of having access to everything everywhere all at once,” added Fractic, “but that ‘convenience’ has come at a cost. The weight of the entire world – work, memes, propaganda, harassment, bullying, distraction – and as we saw in a recent California court ruling, the intentional addiction of children. It’s time for a “big tech” company to do better. There was a time when we believed technology would bring us the future we were promised. A time of optimism and potential. Getting back there starts with a single step for every one of us, made easier by removing the immense weight of that glowing black rock from our pockets. The Callback can be an evening phone, a weekend phone, a “going out to dinner with the family” phone, or replace our everyday phone completely, depending what level we want to start reconnecting with the world around us. Those of us who have already done it can vouch for its impact, and will never go back – we’ve learned to live with less scroll, and more soul.”

Dial down the digital and dial up the life: Commodore Callback 8020 will be available later this year in five distinct styles: BASIC Beige, ProtoPET White, and SX Silver for $499.99, the stunning translucent Starlight Edition for $549.99, and the PVD gold Founders Edition, with 24k gold plated “C=” button, for $640. Pre-orders for all models will open soon, with shipping targeting Q4 this year. To secure your slot on the waitlist, visit commodore.net/callback.

*Please consult with your local school district to ensure Callback meets their requirements for student use
** Requires one-time access to a Mac.

About Commodore International Corporation
Commodore International Corporation is the sole official steward of the original Commodore brand, carrying forward the legacy of the company founded in 1958. Originally established by Jack Tramiel and later known for pioneering the home computer revolution, the company entered a new chapter under refreshed leadership in 2025, maintaining continuous stewardship of the original brand and trademarks. The company’s advisors include key veterans from the original Commodore team, such as Leonard Tramiel (son of Founder, Jack), and lead creators of iconic original systems such as the Commodore 128 and the bestselling desktop computer of all time, the Commodore 64. The company is focused on honoring Commodore’s legacy while bringing its pioneering spirit forward through modern computing experiences.

About Jolla
Jolla is a Finnish technology company founded in 2011 by former Nokia engineers building on the MeeGo operating system. The company has developed the Sailfish OS operating system for over a decade, offering a European alternative to the market dominated by Big Tech giants. Jolla launched its first smartphone in 2013.

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SOURCE Commodore International Corporation

Technology

Baozun Announces Results of Annual General Meeting of Shareholders

Published

53 minutes ago

June 17, 2026

SHANGHAI, June 17, 2026 /PRNewswire/ — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun”, the “Company” or the “Group”), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced the results of its Annual General Meeting of Shareholders (“AGM”). For details, please refer to the poll results announcement of the Company dated June 16, 2026 published on the websites of the Hong Kong Stock Exchange and the Company. This announcement will also be furnished as an exhibit to a Form 6-K to be filed with the U.S. Securities and Exchange Commission.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,” “going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. Baozun Inc. comprises three major business lines – Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that “Technology Empowers the Future Success”, Baozun’s business lines are devoted to empowering their clients’ business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com

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SOURCE Baozun Inc.

Technology

FULL CIRCLE BOYS DROP HIGH-ENERGY SPORTS ANTHEM “BLEACHERS” WITH EXPLOSIVE MUSIC VIDEO AND VIRAL DANCE CHALLENGE

Published

2 hours ago

June 16, 2026

The latest single from Full Circle Boys arrives with Keone Madrid-choreographed visuals and a towel-waving dance challenge built for stadiums, arenas, and living rooms everywhere.

LOS ANGELES, June 16, 2026 /PRNewswire/ –Full Circle Boys have officially unleashed their newest single, “Bleachers,” and it’s already making noise. Available now on all major streaming platforms, the track is a high-octane record designed to soundtrack the biggest moments in sports and beyond.

Building on the momentum of their second EP, PLIÉ, which has surpassed 2 million streams, “Bleachers” marks a bold new chapter for the five-member group. The single is pure adrenaline, a chest-thumping, crowd-moving anthem built for stadium jumbotrons, halftime shows, pregame warmups, and championship celebrations. From the first beat, it demands that you get on your feet.

The Music Video
Accompanying the single is the group’s 9th official music video, choreographed and directed by acclaimed creative director Keone Madrid (BTS, Justin Bieber) and featuring the Choreo Cookies. The video showcases explosive, high-energy choreography that pushes Full Circle Boys into new territory, matching the song’s intensity beat for beat.

Watch the official music video here: https://youtu.be/lJM-z0ohbkc

The #BleachersChallenge
Full Circle Boys are calling on fans everywhere to join the movement. Grab a towel, learn the choreography straight from the boys, and post your best take. The “Bleachers” dance challenge is built for everyone, whether you’re courtside, in the student section, or in your living room. It’s the kind of routine that turns spectators into participants and fans into performers.

With a fresh sound that builds on the foundation of PLIÉ and the debut EP JETÉ, “Bleachers” signals a group ready to own the intersection of music, movement, and sports culture, and they’re just getting started.

Release Details
Single: “Bleachers”
Status: Out Now on all major streaming platforms
Music Video: Available now on YouTube
Choreography & Video Direction: Keone Madrid
Featuring: Choreo Cookies

Follow Full Circle Boys:
Instagram: @fullcircleboys
TikTok: @fullcircleboys
YouTube: @fullcircleboys

About Full Circle Boys:
Full Circle Boys is a five-member pop group consisting of Jagger Moon, James Herron, Sean Garrity, Dossan Bell, and Oliver Hincy. Known for their jaw-dropping choreography, self-penned anthems, and authentic brotherhood, they are redefining what it means to be a pop group by uniting movement and music to get the world moving again.

Created by David Loeffler and Steve Miller of Anomaly Create, in collaboration with Jon Lucero and Stacy Pyle, with executive producing by Nappytabs (Jennifer Lopez, SYTYCD) and creative direction by Keone Madrid (BTS, Justin Bieber).

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SOURCE Anomaly Create I, LLC