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RoboSense Reports 2024 INTERIM RESULTS

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HONG KONG, Aug. 16, 2024 /PRNewswire/ — On August 15, 2024, RoboSense (2498.HK),an AI-driven robotic technology company, reported its “2024 INTERIM RESULTS“. A few operational highlights and recent developments are presented below.

In the first half of 2024, RoboSense’s total revenue reached RMB727 million, representing a year-on-year increase of approximately 121.0%. The overall gross margin was 13.6%, representing an increase of approximately 9.7 percentage points as compared to the same period in 2023.

As of June 30, 2024, RoboSense’s cumulative sales volume of LiDAR have reached approximately 583,500 units, with LiDAR for ADAS approximately 518,300 units.

For the six months ended June 30, 2024, RoboSense’s sales volume of LiDAR products, LiDAR products for ADAS applications, and LiDAR products for robotics and others amounted to approximately 243,400, 234,500 and 8,900 units, respectively, representing an increase of 415.7%, 487.7% and 21.9% respectively compared to the same period in 2023.

According to the forecast of the motor vehicles sales volume in China market and the global market, RoboSense expects that the overall global market demand for LiDARS will increase significantly. In order to embrace such an opportunity, RoboSense has introduced two new products in the first half of this year, namely, our extremely cost-effective MX, and ultimate performance M3.

LiDAR for ADAS application in automotive industry is the first market where RoboSense’s products have accomplished mass-production, and that is just the beginning. RoboSense believes that more industries similar to the automotive industry will be gradually emerging in the global robotics technology market. In addition to the gradual expansion of scale and size of the robotics market, with the rapid advancement in AI large model and embodied artificial intelligence, there will be robotic intelligent unmanned transformation for the traditional industrial and commercial fields and exponential growth potential for the demand for robotics in new consumer markets. Hence, as a core component of robotics, 3D perception sensors, as represented by LiDARs, are expected to experience a significant growth. To date, RoboSense products platform have been accumulatively serving more than 2,400 customers in the robotics and other business sectors.

As an AI-driven robotics technology company, we will continue to invest substantially in three technological fields, namely, AI algorithms, chips, and hardware. RoboSense will continue to maintain as a major player in the automotive and robotics industries, and to provide the markets with more diversified products or solutions in addition to LiDARs. 

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NayaOne to Accelerate Enterprise Adoption of Generative AI in Financial Services using NVIDIA AI

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LONDON, Oct. 24, 2024 /PRNewswire/ — NayaOne, a leader in digital transformation platforms for enterprises, today announced it is driving the rapid adoption of generative AI within the financial services industry leveraging the NayaOne Digital Sandbox and NVIDIA’s accelerated computing platform, including NVIDIA NIM microservices, a part of the NVIDIA AI Enterprise software platform.  

Through this work, enterprises will be able to accelerate the testing, development, and deployment of generative AI solutions, driving accelerated time to value and accelerating time to market in areas such as fraud, customer experience and enterprise efficiency use cases.  

Empowering Financial Institutions with Accelerated AI Adoption   

Generative AI has emerged as a game-changer for financial services, enabling enterprises to analyse large data sets, generate synthetic data for risk-free experimentation, and enhance decision-making capabilities. With NVIDIA AI Enterprise and NVIDIA NIM microservices integrated into the NayaOne Digital Sandbox, enterprises can now experiment with AI models at scale, significantly reducing time to market with risk free experimentation.   

“The demand for AI-driven solutions in financial services is accelerating, and our collaboration with NVIDIA allows institutions to harness the power of generative AI in a controlled, secure environment,” said Karan Jain, CEO at NayaOne. “We are creating an ecosystem where financial institutions can prototype faster, more effectively leading to real business transformation and growth initiatives.”  

Reducing Risk and Accelerating Time to Market   

Enterprises can now test new AI solutions in NayaOne’s Digital Sandbox with NVIDIA’s software and hardware products. In this secure environment, the Sandbox also allows enterprises to experiment with NVIDIA NIM Microservices on premise and with their cloud service provider, reducing integration risks. Financial institutions will be able to run multiple proofs-of-concept simultaneously, utilising their data and evaluate the effectiveness of AI solutions at scale before full deployment.   

A New Era of Innovation for Financial Services   

Combining NayaOne’s extensive network and NVIDIA’s product suite offers a seamless pathway for financial institutions to stay ahead of the curve. Enterprises across the financial services ecosystem will now have access through NayaOne to NVIDIA’s high-performance computing power to accelerate model training and deployment. 

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Bybit’s WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors

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DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top traders.

The World Series of Trading (WSOT) 2024 marks the fifth edition of Bybit’s premier crypto trading event, renowned for bringing global traders together. This year’s WSOT features a total prize pool of up to 10,000,000 USDT, with the Copy Trading Fest adding a unique competitive element for both seasoned and beginner traders.

Tailored for All Traders

  • Experienced Traders:
    • Compete as Master Trader by executing winning strategies and aiming for the 100,000 USDT prize pool. The top 50 Master Traders with the highest PnL will split the 50,000 USDT pool.
  • New and Aspiring Investors:
    • Join as Follower, copying the strategies of Master Traders to maximize returns without needing advanced technical skills. The top 100 Followers by PnL will split an additional 50,000 USDT pool.

How to Join and Compete

  • Choose Your Role: Decide whether you’ll lead as a Master Trader or copy trades as a Follower.
  • Meet the Eligibility Criteria: Ensure a minimum $50,000 trading volume during the event to qualify for rewards.
  • Accumulate PnL: Both realized and unrealized profits count towards your leaderboard ranking.
  • Fast Rewards: All prizes will be credited to the Bybit Rewards Hub within 10 days after the event ends.

Seize the Opportunity Today!

Whether you’re aiming to showcase your expertise or earn passively by following seasoned traders, the WSOT Copy Trading Fest offers a competitive, transparent, and rewarding experience. With the trading community buzzing, now is the time to jump in and claim your share of the 100,000 USDT prize pool.

#Bybit / #TheCryptoArk / #WSOT2024

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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EXINITY WINS BIG AT GLOBAL BRAND AWARDS 2024

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LONDON, Oct. 24, 2024 /PRNewswire/ — Exinity wins the 2024 ‘Leading Wealth Management Firm for Young Investors, EMEA’ and Exinity: Nemo wins ‘Most Innovative Trading and Investments Product, MENA’ award at the prestigious Global Brand Awards.

The esteemed Global Brand Awards, organized by Global Brands Magazine (GBM) in the UK, recognize excellence across diverse industries. Exinity distinguished itself during the evaluation process, demonstrating a significant impact in the wealth management sector.

Commenting on Exinity winning the award, Jay Reddy, CEO, Global brands Magazine, said, “We are pleased to recognize Exinity for their exceptional achievement. Their commitment to empowering the next generation of investors and their ability to provide innovative, customer-centric solutions are truly commendable. Exinity continues to set a high standard for excellence in wealth management and investment products, making a significant impact in the financial landscape across both the EMEA and MENA regions.”

“We are delighted to receive these awards; for us they truly resonate with our Freedom to Succeed mission. Exinity wants to empower a new generation of ambitious younger people to help them achieve financial independence, so to be recognised as one of the leading wealth management firms for young investors is really impactful. Equally wonderful is the acknowledgement that, through Nemo, we have created something truly original in the trading and investing space,” said Olga Rybalkina, Managing Partner and Group CEO of Exinity.

ABOUT EXINITY

In the fast-growing economies of the world, there’s a new generation of ambitious younger people eager to gain financial independence. And they’re turning to the world’s financial markets to achieve it. Exinity’s mission is to empower them to succeed. We design, engineer and market a growing range of innovative trading and investing products that meet their expectations for choice, creativity and control, and which are backed by risk management tools, education – and a great customer experience. 

ABOUT GLOBAL BRANDS MAGAZINE (ENGLAND)

Global Brands Magazine (GBM) has been at the forefront, bringing news, views and opinions on brands shaping the future of their industry. The UK-based magazine provides its readers with the latest news and information on ‘best-in-class brands across the globe. Each year, GBM develops awards for companies that stand out, have a unique vision, exceptional service, innovative solutions and consumer-centric products among their industry leaders. The Magazine has over 10 million visitors and 14 million page views per month, making it one of the best online magazines. The Magazine also maintains a strong presence on social media, with over 30k+ Facebook likes, 10k+ Instagram followers, 25k+ Twitter followers, and 3k+ LinkedIn followers.

ABOUT THE GLOBAL BRAND AWARDS

Global Brand Awards honours brands for their excellence in performance and rewards companies across different sectors for the quality of their services. The Brand Awards highlight the accomplishments of organisations that have performed remarkably well in finance, education, hospitality, automotive, lifestyle, education, real estate, technology, and others. Global Brand Awards recognise vital players who progress towards excellence by providing a platform to acknowledge their efforts. In addition, GBM strives to create awareness concerning the significance of such organisations and rewards them for their notable efforts with the ultimate global recognition. We are excited to announce the highly anticipated awards ceremony, which will take place at the Grand Hyatt, in Dubai, United Arab Emirates, in June 2025. To learn more about the awards, please visit the Brand Awards Winners section on the GBM website.

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Find a curated selection of leading brands across various categories, including the top 10 laptop brands, best mobile brands, top air conditioner brands, and more on our website. This resource may assist the visitors in selecting the best brands for their needs.

To nominate your company or business leader for the Global Brand Awards 2024, please click on the following link:

https://www.globalbrandsmagazine.com/nomination-form/

Explore our latest social media highlights through the links below:

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