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Kinesis Network Launches Serverless Feature to Solve Critical Computing Power Shortage for AI-Infrastructure

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Latest Innovation Adds to Powerful Compute-as-a-Service Platform, Optimizing Computing Power

SEATTLE, Nov. 25, 2024 /PRNewswire/ — Kinesis Network (“Kinesis”), a global compute optimization platform, announced a new serverless feature enabling enterprises to run workloads across a dynamic, multi-cloud environment. By accessing Kinesis’ serverless solution, enterprises reduce the cost and complexity of managing their infrastructure while gaining an infinitely scalable and always-on compute service capable of handling large volumes of compute requests. 

The new feature is part of the Kinesis platform that is revolutionizing how organizations unlock idle computing power to meet the growing demand for AI-related infrastructure. Kinesis pools and redistributes idle computing capacity to create a serverless, fully managed, highly secure, and cost-effective computing platform, eliminating power constraints and reducing costs. Kinesis clients save up to 90% on computing costs compared to other providers.

As AI and data-intensive research surge, the need for high-performance computing, particularly GPUs, has skyrocketed, leading to a severe shortage of affordable and accessible computing power. Kinesis’ pioneering Compute-as-a-Service platform connects underutilized GPU resources with a lower-cost, scalable cloud computing solution. By harnessing idle computing power, Kinesis is creating a new paradigm in computing power access and optimization.

Kinesis was founded by a team of industry veterans with deep expertise in cloud computing, AI, and blockchain technology. Baris Saydag, CEO and Chief Technology Officer, has an extensive background in blockchain technology, cyber security, and Web3 applications. Hamza AK, Chief Operating Officer, brings over 20 years of experience in the technology sector, including leadership roles at Microsoft and AWS. Bina Khimani, Chief Product Officer and Chief Revenue Officer, is a technology industry leader and a former AWS and IBM executive with experiences in Generative AI, Cloud Computing, and FinOps. The team has raised its pre-seed funding from leading investors, including Brilliant Minds.

“The compute access shortage is a critical bottleneck for AI innovation and scientific research,” said AK. “Our platform solves this growing issue by unlocking a vast, untapped reservoir of global computing power, making it accessible to any enterprise or organization. Our team brings a wealth of experience from AWS, IBM, and Microsoft, among others, and we are excited to scale our platform to meet the growing demand for innovative computing resources.”

Kinesis consolidates computing power globally to deliver:

Fully Managed Serverless Environment: Hassle-free infrastructure management capable of delivering large quantities of the latest and fastest GPUs.Secure Access: On-demand availability of a global network of the latest GPUs, including hard-to-find models in large quantities.Remarkable Cost Reduction: Savings of up to 90% compared to traditional cloud providers.Ultimate Flexibility: Pay-per-second billing, allowing users to scale their compute usage precisely to their needs.Sustainable Futures: Organizations can reduce their carbon footprints with optimized idle resources.

AI-centric companies currently spend up to 67% of their budgets on infrastructure. With the demand for AI-related infrastructure expected to reach $400 billion by 2027, Kinesis provides a sustainable solution to the computing shortage while reducing costs and friction.

Kinesis is seeing interest from Fortune 500 companies, academic institutions, and open-source research projects, demonstrating the broad appeal and effectiveness of its solution. Rare Compute, a pioneering biotech platform that aims to revolutionize rare disease research, is among Kinesis’ partners. 

“Rare Compute is focused on prioritizing the fight against rare diseases and fueling groundbreaking discoveries that will reshape our understanding of human biology. Our partnership with Kinesis empowers us to focus on advancing generative AI innovations in human genomics related to rare diseases while removing the bottlenecks related to infrastructure,” said Stanley Bishop, Head Scientist at Rare Compute.

Makoro.ai, a leading digital transformation solutions provider, and nCorium, which delivers critical real-time insights to airport operators, are among Kinesis’s many clients.    

“We are fueling enterprise-wide computing transformations, critical research projects, and the next generation of AI startups,” said Saydag. “There is strong and growing interest in our secure Compute-as-a-Service solution. We are in discussions with several leading companies and academic institutions about adopting our technology and are excited about our strong pipeline of partnerships.”

Kinesis solves the global compute access shortage, fostering a new era of AI innovation and scientific breakthroughs. “Generative AI is transforming industries, but scaling these workloads poses significant challenges for enterprises,” said Khimani. “At Kinesis, we’re removing barriers to accessing computing power, delivering enterprise-grade performance, seamless multi-cloud integration, and significant cost savings. By empowering businesses to optimize compute resources and access powerful GPUs, we enable them to accelerate innovation and unlock the full potential of AI. We invite businesses, researchers, and innovators to join us in driving the next wave of breakthroughs.”

About Kinesis Network

Kinesis Network is a revolutionary platform that solves the critical shortage of computing access for AI developers, researchers, and enterprises. By connecting GPU providers with those who need computing power, Kinesis makes high-performance computing more efficient and accessible. Trusted by enterprises, academic institutions, and research organizations, Kinesis democratizes access to the vital infrastructure needed for AI development and data-intensive research. For more information about how Kinesis Network solves the compute access shortage, visit https://kinesis.network/.

Media Contact
Sivan Ron
LoBello Communications
Sivan.Ron@LoBelloCommunications.com

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Qmulos Now Available on Cisco Global Price List (GPL), Accelerating Continuous Compliance Solutions for Joint Customers

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CHANTILLY, Va., April 22, 2026 /PRNewswire/ — Qmulos, a leader in Continuous Compliance, today announced that its flagship products, Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2), are now available on the Cisco® Global Price List (GPL) via the SolutionsPlus Partner Program. This strategic integration allows Cisco partners and customers to seamlessly purchase Q-C and Q-BA2 directly through Cisco’s sales organization, simplifying procurement and accelerating the deployment of automated compliance solutions.

Qmulos now available on Cisco® Global Price List (GPL)!

By joining the Cisco GPL, Qmulos deepens its pre-existing partnership with Splunk, now a Cisco company, empowering organizations to address complex automated compliance challenges with integrated, validated technologies. The collaboration enables a unified buying experience for customers looking to combine Cisco’s industry-leading infrastructure with Qmulos’ specialized capabilities.

“Becoming a SolutionsPlus partner and getting on the Cisco GPL is a major milestone in our commitment to fostering a stronger, more secure digital ecosystem alongside Cisco,” said Matt Coose, CEO and Founder at Qmulos. “This enables us to meet the growing demand for our solutions while providing Cisco customers with a streamlined path to simplify technical evidence collection, streamline workflows, and strengthen cyber posture.”

Key Benefits of Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2) on Cisco GPL:

Simplified Procurement: Customers can now acquire Qmulos through their existing Cisco sales representative, reducing vendor onboarding time.

Validated Integration: Q-C and Q-BA2 work seamlessly within Cisco’s (Splunk’s) architecture, ensuring reliability and performance.

Enhanced Security & Visibility: Continuously monitor control status and effectiveness across numerous compliance frameworks and environments in near-real time.

For more information on the combined solution, visit www.qmulos.com or contact your Cisco account manager. 

About Qmulos
Qmulos is a premier Splunk-based cybersecurity and compliance company founded in 2012 that automates risk management, security compliance, and auditing. They provide real-time compliance solutions for complex environments, helping government and commercial clients adhere to standards like NIST, CMMC, and FedRAMP through actionable, evidence-based insights.

Media Contact:
Danielle Schiffman
danielle.schiffman@qmulos.com
1-844-476-8567

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SOURCE Qmulos

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New Study Reveals Retail Security Measures Are Driving Customers Away

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DALBAR and Competitor IQ survey of 500 North American shoppers uncovers a costly tension between loss prevention and the customer experience

MARLBOROUGH, Mass., April 22, 2026 /PRNewswire/ — DALBAR, Inc. and its division Competitor IQ today released the 2026 Retail Security and Loss Prevention Study, a survey of 500 U.S. and Canadian consumers on how loss prevention strategies affect the retail shopping experience. The findings reveal a significant tension between security and convenience — one that is already costing retailers sales.

38%
of shoppers have abandoned a purchase due to in-store security measures

Key Findings

Security Measures Are Pushing Shoppers Out the Door
A significant share of respondents report abandoning purchases due to security-related friction. Locked merchandise cabinets and access restrictions are the leading causes — and the full study breaks down exactly which measures are driving customers away.

Locked Merchandise Is the Biggest Pain Point
Many customers say locked displays negatively impact their shopping experience. Many feel mistrusted and will leave rather than wait — and the data shows a clear link to lost revenue that retailers cannot afford to ignore.

Safety Matters, But Rarely Drives Store Choice
Most shoppers already feel a baseline level of security when they enter a store. The study reveals which measures build customer confidence — and which ones backfire by sending shoppers online instead.

Customers Want Technology, Not Barriers
A strong majority believe AI and surveillance technology can better balance loss prevention with convenience. The full study includes detailed breakdowns of customer preferences by age, income, and retail category.

“Retailers are caught in a difficult position: theft is rising, but the measures used to combat it are alienating the honest shoppers they need to retain. The path forward lies in smarter, less intrusive security — and the data shows exactly what that looks like.”
— DALBAR / Competitor IQ Research Team

When Customers See Theft Happen In-Store…
Most say they would shop there less often or stop visiting entirely.
Only a small share reports no change in behavior. The reputational cost of visible theft is significant — and quantified in the full report.

About the Study
The 2026 Retail Security and Loss Prevention Study was conducted by DALBAR, Inc. and Competitor IQ in April 2026, surveying 500 consumers across the United States and Canada. The full report includes detailed findings by demographic, retail category, and security measure type — with actionable recommendations for loss prevention teams.

Request the Full Report
www.dalbar.com | www.ciqdata.com | press@dalbar.com

About DALBAR, Inc.

About Competitor IQ

DALBAR, Inc. has set the standard for measuring and improving investment advice and financial services quality since 1976. DALBAR awards are recognized as a symbol of excellence in the financial community.

Competitor IQ is a division of DALBAR, Inc. specializing in competitive intelligence and customer experience research, helping organizations make data-driven improvements to service quality and retention.

MEDIA CONTACT:
Steve Worthy
compete@ciqdata.com
www.ciqdata.com

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SOURCE DALBAR, Inc.

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MILLROCK TECHNOLOGY APPOINTS NEIL A. GOLDMAN AS CFO

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KINGSTON, N.Y., April 22, 2026 /PRNewswire/ — Millrock Technology (“Millrock”), a provider of lyophilization and advanced freeze-drying solutions for the life sciences and biopharmaceutical industries, today announced the appointment of Neil A. Goldman, CPA, as Chief Financial Officer.

Mr. Goldman is a veteran executive who brings a distinguished track record as CFO of both private equity-backed and public companies across the MedTech, advanced manufacturing, and professional services industries. Throughout his career, he has consistently transformed mid-market and entrepreneur-led businesses into high-performing platforms through a combination of strategic M&A, operational discipline, rigorous execution, and strong financial leadership.

Most recently, Mr. Goldman served as CFO of Life Science Outsourcing, Inc., a national medical device contract manufacturer, where he implemented operational improvements and upgraded enterprise systems to scale the platform. Prior CFO roles include BioPorto A/S, a Copenhagen-listed in-vitro diagnostics company, Chembio Diagnostics, Inc. and Unwired Technology LLC, a high-tech manufacturer. Mr. Goldman began his career at Ernst & Young and holds a B.S. in Business from Miami University. At Millrock, Mr. Goldman will play a critical role in enhancing the company’s financial foundation, supporting strategic growth initiatives, and enabling continued expansion.

“We are thrilled to welcome Neil to the Millrock team,” said Tom Hochuli, Chief Executive Officer of Millrock Technology. “His depth of experience across both public and private environments, combined with a proven ability to scale businesses and drive value creation, makes him an ideal fit for this next phase of growth. Neil’s leadership will be instrumental as we continue to build a world-class organization.”

“I am excited to join Millrock Technology at such a pivotal time for the company and the lyophilization market,” said Mr. Goldman. “Millrock has a strong reputation for innovation, service, and quality, and I look forward to partnering with the entire team to accelerate our strategic roadmap.”

About Millrock Technology

Millrock Technology Inc. is an innovator of freeze-drying (lyophilization) instrumentation and process development solutions for the pharmaceutical, biotech, and diagnostics industries. Millrock specializes in laboratory, pilot, and production-scale lyophilizers with advanced process control technologies that optimize efficiency, compliance, and scalability. To learn more, please visit www.millrocktech.com.

About Artemis

Headquartered in Boston, MA, Artemis is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected, and productive world. For more information on Artemis, please visit www.artemislp.com.

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SOURCE Artemis

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