Fintech PR
Infosys and Linux Foundation Networking Collaborate to Strengthen Responsible AI for Global Networks
Infosys has contributed its Responsible AI Toolkit and AI application development framework to two new open source networking projects aimed at accelerating ethical enterprise AI adoption
LONDON and BENGALURU, India, March 31, 2025 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with Linux Foundation Networking (LFN), the facilitator of collaboration and operational excellence across open source networking projects, to advance Responsible AI principles and spur the adoption of domain-specific AI across global networks. This collaboration underscores a shared commitment to fostering responsible, effective, and sustainable AI technologies on a global scale.
As part of this initiative, Infosys has contributed its Responsible AI Toolkit and AI application development framework, part of Infosys Topaz AI offerings, to two new networking projects – Salus and Essedum. Powered by Infosys’ comprehensive Responsible AI Toolkit, Salus offers advanced technical guardrails to detect and mitigate AI risks like bias, privacy breaches, and harmful content, while enhancing model transparency. Built on Infosys’ seed code and existing AI networking solutions, Essedum leverages its AI application development framework to accelerate the integration of AI data, models, and applications within the networking industry.
“Our efforts to further domain-specific AI are coming to fruition with the addition of these new projects, and we are incredibly grateful to Infosys for their contributions,” said Arpit Joshipura, General Manager, Networking, Edge and IoT at the Linux Foundation. “Creating combined, open and unified frameworks will only accelerate AI-driven innovation. By introducing accessible solutions for Responsible AI and integrating data sharing, domain-specific AI tools, and application development under one roof, we are enabling the industry to build smarter, more efficient networks.”
“At Infosys, we are deeply committed to advancing innovation that solves complex challenges while upholding transparency, fairness, and trust. Our collaboration with the Linux Foundation is a testament to our shared vision of embedding Responsible AI principles into actionable solutions. Linux Foundation’s efforts in driving excellence in open-source networking projects have been remarkable. With our strong AI capabilities, powered by Infosys Topaz, we actively support this endeavor, helping organizations harness domain-specific AI responsibly and effectively across global networks,” said Mohammed Rafee Tarafdar, Chief Technology Officer, Infosys.
Learn more about the new projects at https://lfnetworking.org/projects/essedum and https://www.project-salus.org
About The Linux Foundation
The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and industry adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at www.linuxfoundation.org.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page: https://www.linuxfoundation.org/trademark-usage.
Linux is a registered trademark of Linus Torvalds.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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Fintech PR
KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation
VICTORIA, Seychelles, April 3, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.
Unwavering Commitment to Compliance
KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.
Trusted and Innovative Solutions Driving Growth
KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.
A Word from CEO of KuCoin
“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”
Looking Forward
As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.
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AUSTIN, Texas, April 3, 2025 /PRNewswire/ — Trammell Venture Partners (“TVP”), an Austin-based venture capital firm, today announced the third annual results of its proprietary research on the growth of the Bitcoin-native startup and venture capital landscape. TVP research shows the Bitcoin startup sector continued its breakout category growth trend of forming and investing in new companies, despite the decline in total dollars invested due to the broader venture investment pullback. With a 50% year-over-year increase in transaction count, and a remarkable 767% increase in funding rounds since 2021, the Pre-Seed stage built on its prior years of growth in 2024.
TVP’s analysis indicates that early-stage, Bitcoin-native startups raised nearly $1.2 billion during the 2021-2024 period, based on four years of longitudinal data research.
“One or two years’ data might represent an anomaly, but with four consecutive years of year-over-year growth at the earliest stage of Bitcoin startup formation, the data now confirm a sustained, long-term venture category trend,” said Christopher Calicott, TVP’s managing director. “Many entrepreneurs across crypto are revisiting the Bitcoin stack as the long-term place to build their companies. It makes perfect sense: the objectively most secure, reliable, and decentralized blockchain is the obvious platform of choice, given the increasing capability to build there. And as this wave of early-stage companies find traction, increasing amounts of crypto value will accrue to the Bitcoin stack—a core thesis for TVP.”
The annual release of TVP’s Bitcoin-Native Venture Capital Landscape Research Brief augments the available research for Bitcoin startups. This research aims to support the institutionalization of venture investment for this emerging growth category within crypto and blockchain venture capital.
The TVP Bitcoin startup investment research brief is available for download.
About Trammell Venture Partners
Trammell Venture Partners, founded in 2016, is an Austin-based early-stage venture capital firm investing in Bitcoin-native, security and privacy tech, and applied AI companies. Since 2020, TVP has focused on backing founders building on the layers of the Bitcoin protocol stack via the venture capital industry’s first dedicated Bitcoin-native mandated VC fund series: The TVP Bitcoin Venture Fund series. Find out more about TVP on the web, LinkedIn, X, or find a Bitcoin job on the TVP bitcoin and crypto Jobs Board.
Media Contact: Zach Young
Email: media@tvp.fund
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View original content:https://www.prnewswire.co.uk/news-releases/tvp-research-finds-pre-seed-bitcoin-startup-investment-activity-grows-767-since-2021-302408315.html
QUIMPER, France, April 3, 2025 /PRNewswire/ — With turnover of €450 million in 2024, up 12.5%, the Adelaïde Group has reached a new milestone in the roll-out of its Better Future 28 strategic plan to become Europe’s leading independent family insurance broker, and has confirmed its ambition to achieve turnover of €800 million by 2028.
Solid results and sustainable growth momentum
When presenting the annual results, Benjamin Verlingue, Chairman and CEO of the Adelaïde Group, along with Audrey Verlingue and Gilles Bénéplanc, Deputy CEO’s of the Adelaïde Group, highlighted the solidity of the Group’s model, based on robust organic growth (+10%) and a strategy of targeted acquisitions.
“Our 2024 performance confirms the relevance of our strategy and the strength of our independent family model. Our Better Future 28 strategic plan, launched nine months ago, embodies our collective ambition: becoming Europe’s leading family brokerage company, while remaining true to our values,” Benjamin Verlingue said.
2024: A year marked by strategic acquisitions
The Adelaïde Group strengthened its strategic positions in the European brokerage market by making four acquisitions, illustrating its desire to diversify its expertise and expand its geographical presence:
- DUNE (France): This Managing General Agent, specialising in construction insurance, enables the Group to broaden its scope of expertise in insurance distribution.
- ProConseils Solutions (French-speaking Switzerland): Verlingue’s first location in French-speaking Switzerland, marking a significant step forward in the market in this key region.
- MBB and Brixia Broker (Italy): Two acquisitions of insurance brokers that strengthen the territorial coverage of Inser, Verlingue’s subsidiary in Italy.
2024 highlights: Growth and transformation across the Group
In 2024, the Adelaïde Group continued its growth momentum, marked by solid performances and strategic investments across its various entities.
- Verlingue generated turnover of €314 million, up 10%. Thanks to sustained expansion in France and Europe, through acquisitions in Italy and Switzerland, Verlingue has consolidated its position in the brokerage market. In 2024, international business accounted for 37% of Verlingue’s turnover. Vincent Harel has been appointed CEO of Verlingue, due to take up his post on 28 April 2025.
- Génération, a Third-Party Administrator for both individual, company health and employee benefits, achieved remarkable growth of 18%, with turnover of €121 million. Its portfolio grew to 2.6 million health policyholders and 1.2 million life insurance policyholders.
- Cocoon, a subsidiary dedicated to individual health insurance, continued to restructure its portfolio by optimising its digital channels, sustaining profitable growth with turnover of €13 million. In 2024, the brand stepped up its activity in the individuals leaving group schemes segment in particular, recording 12,000 new contracts.
- DUNE, which joined the Group in 2024, aims to position itself as a key player in the underwriting market, specialising in construction insurance. This new entity has already underwritten €10 million in premiums through a network of 650 brokers, illustrating its strong strategic potential
About Adelaïde
The Adelaïde Group is specialised in insurance consulting, brokerage, distribution and management. The Group is one of France’s leading insurance brokers. Organic growth, strategic acquisitions, international expansion and digital transformation are the Group’s four priorities for achieving its objective of building a major family-owned and independent insurance brokerage group with a European reach.
2,900 employees
2.6 million policyholders with health cover and 1.2 million with life cover
4.5 billion in premiums managed
Present in 5 countries: France, Great Britain, Switzerland, Portugal, Italy
www.adelaidegroup.fr
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Press contact
Lucie Fortin lfortin@epoka.fr
View original content:https://www.prnewswire.co.uk/news-releases/adelaide-group-confirms-growth-momentum-and-strengthens-european-presence-302419842.html
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