Workflow
AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline
Globenewswire· 2025-08-26 14:16
Core Insights - AvidXchange and IOFM's report highlights the evolving challenges faced by accounts payable (AP) professionals, emphasizing the role of automation and AI in addressing these issues and enhancing career prospects [1][4][11] Workforce Concerns - Nearly half (45%) of AP professionals express concerns about potential layoffs in 2025, a significant increase from 27% in 2024 [2] - Only 50% of AP professionals report having access to growth or skills development opportunities, and just 40% believe they have a clear path for career advancement [3] - In 2024, 61% of AP professionals left more than a quarter of their paid time off (PTO) unused, with 27% citing job security concerns [3] Economic Sentiment - AvidXchange's 2025 Economic Sentiment Survey indicates that 86% of finance professionals are worried about the economy, with nearly half expecting a recession within the next 12 months [4] - AP professionals are focusing on skill building and automation to enhance productivity and secure their futures amid economic uncertainty [4][5] Automation and AI Impact - Automation is seen as a key driver for improving job performance and long-term career prospects, allowing AP teams to focus on strategic, higher-value work [6] - 59% of AP professionals in automated environments report being "extremely satisfied" in their roles, compared to only 2% in fully manual environments [7] - 74% believe access to tools and technology supports their career growth, while 69% think automation will have an immediate positive impact on their current roles [9] Job Security and Flexibility - 53% of AP professionals are taking on stretch assignments to enhance job security, a rise from 34% the previous year [8] - 40% state that flexible work hours are essential, with automation enabling this flexibility by reducing reliance on paper-based processes [10] Resilience Strategy - AP automation is not just about efficiency; it is a strategy for workforce stability, helping professionals maintain productivity and morale during economic challenges [11] - Organizations adopting automation and AI are likely to cultivate a more empowered and future-ready workforce [11] Case Study - An AvidXchange customer noted that automation significantly reduced the need for manual data entry, allowing the AP team to focus on higher-value tasks and facilitating growth within the accounts payable function [12]
PCI Biotech: Invitation to first half 2025 results presentation and corporate update
Globenewswire· 2025-08-26 14:15
Core Points - PCI Biotech will present its first half 2025 interim report via a webcast on 29 August 2025 from 08:30am to 09:00am CET [1] - The presentation will be conducted in Norwegian and will be accessible through the company's website [1] - A Q&A session will follow the presentation, with questions accepted via email prior to the webcast and during the session [2] - The interim report and presentation materials will be available on the company's website and news platform from 07:00am CET on the same day [2] Contact Information - For further inquiries, Ronny Skuggedal, CEO/CFO, can be contacted via email or mobile [2] - The company's contact address is PCI Biotech Holding ASA, Ullernchausséen 64, N-0379 Oslo [2]
Standard Premium Publishes White Paper Advocating for Expanded Federal Disaster Insurance Coverage
Globenewswire· 2025-08-26 14:02
Core Insights - Standard Premium Finance Holdings, Inc. has released a white paper discussing the importance of federal insurance programs in mitigating the impact of natural disasters, authored by CEO William Koppelmann [1] - The report emphasizes the increasing frequency of weather-related disasters and the necessity for expanded federal insurance coverage [2] Company Overview - Standard Premium Finance Holdings, Inc. has financed premiums on over $2 billion of property and casualty insurance policies since 1991 and operates in 38 states [3] - The company is actively seeking mergers and acquisitions to leverage economies of scale [3] Industry Context - The current disaster infrastructure in the U.S. is underprepared, as highlighted by recent catastrophic flooding in Texas and the upcoming hurricane season [2] - There is a critical need for more comprehensive federal disaster insurance coverage to manage financial risks associated with natural disasters [2] - Insurers are withdrawing from markets or raising premiums to unsustainable levels, indicating a gap in the existing federal safety net for disaster coverage [3]
BluSky AI Inc. and Lilac Sign Letter of Intent to Launch Strategic GPU Marketplace Partnership
Globenewswire· 2025-08-26 13:42
Core Viewpoint - BluSky AI Inc. has signed a Letter of Intent (LOI) with Lilac to form a strategic partnership aimed at enhancing cloud compute provisioning and monetizing idle capacity in the AI ecosystem [1][2][3] Group 1: Partnership Details - The LOI allows BluSky AI to offer its GPU cloud computing resources, including unallocated inventory and customer capacity, for rent through Lilac's marketplace [2] - This collaboration is expected to increase the utilization of BluSky AI's compute assets while expanding Lilac's supplier base with high-performance GPU models such as NVIDIA B200, H200, H100, A100, L40, RTX 5090, and RTX 4090 [2][3] - The partnership includes a multi-pronged engagement strategy involving engineering integration, co-marketing efforts, and a customer acquisition framework, with a definitive agreement anticipated in the coming months [3] Group 2: Company Missions and Goals - BluSky AI aims to democratize access to AI compute and optimize resource efficiency by integrating idle capacity into Lilac's platform, enabling customers to generate new revenue streams [3][6] - Lilac's mission is to democratize access to critical AI infrastructure and create a more efficient cloud economy by connecting idle GPU capacity to AI developers and enterprises [5][7] Group 3: Marketing and Transparency Initiatives - BluSky AI will designate Lilac as a 'Preferred Marketplace Partner' and promote the platform within its ecosystem [6] - Both companies will collaborate on various marketing initiatives, including joint press releases, social media activations, and event partnerships [6] - BluSky AI will provide quarterly transparency reports on available GPU inventory to inform marketplace strategy and performance tracking [6]
Emerita Announces Closing of C$25M Brokered Private Placement and C$1.09M Concurrent Non-Brokered Private Placement
Globenewswire· 2025-08-26 13:34
Core Viewpoint - Emerita Resources Corp. has successfully closed a brokered private placement and a concurrent non-brokered private placement, raising a total of approximately C$26 million for exploration and development activities in Spain [2][3][7]. Group 1: Offering Details - The brokered private placement involved the issuance of 23,809,500 units at a price of C$1.05 per unit, resulting in gross proceeds of C$24,999,975 [2]. - The non-brokered private placement issued 1,040,000 units at the same offering price, generating gross proceeds of C$1,092,000 [3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of an additional common share at C$1.30 until August 26, 2027 [4]. Group 2: Financial Arrangements - The agents involved in the brokered offering received a cash commission of C$1,727,213.25 and 1,644,965 non-transferable compensation options [5]. - The securities from the brokered offering are not subject to a statutory hold period, while those from the non-brokered offering will have a hold period of four months and a day [6]. Group 3: Use of Proceeds - The net proceeds from the offerings will be allocated towards exploration and development of the company's mineral properties in Spain, as well as for general corporate and working capital purposes [7]. Group 4: Company Overview - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office in Sevilla and an administrative office in Toronto [10].
Genmab to Participate in a Fireside Chat at the Morgan Stanley 23rd Annual Global Healthcare Conference
Globenewswire· 2025-08-26 13:31
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence across North America, Europe, and Asia Pacific [3] Upcoming Events - Genmab's CEO Jan Van de Winkel and CFO Anthony Pagano will participate in a fireside chat at the Morgan Stanley 23rd Annual Global Healthcare Conference on September 9, 2025, at 7:45 AM EDT [1] Strategic Vision - By 2030, Genmab aims to transform the lives of patients with cancer and other serious diseases through its proprietary pipeline, which includes bispecific T-cell engagers, antibody-drug conjugates, and next-generation immune checkpoint modulators [2]
Portillo's Has a Delicious Secret to Tell You
Globenewswire· 2025-08-26 13:30
Core Insights - Portillo's has introduced two new secret menu items exclusively for Portillo's Perks members, enhancing customer loyalty and engagement [1][9] - The new offerings include Chili Cheese Fries and a Triple Cheeseburger, designed to appeal to both long-time fans and new customers [2][3] Company Overview - Portillo's operates over 95 restaurants across 10 states, evolving from a small hot dog trailer in Chicago to a beloved brand known for its diverse menu [5] - The company focuses on creating experience-oriented dining destinations that include dine-in, drive-thru, takeout, and delivery options [5] Loyalty Program - The Portillo's Perks loyalty program allows members to earn and redeem rewards, with exclusive access to the secret menu items [6] - Membership can be obtained through the Portillo's website, encouraging customer participation and enhancing brand loyalty [3][6]
The Internet’s New Punching Bag: Fiverr Unveils Garry, the Unhinged AI Character Taking on Internet Culture — from the Nicki Minaj Stiletto Challenge to WNBA Mayhem
Globenewswire· 2025-08-26 13:28
Core Insights - Fiverr's new campaign features an AI-generated character named Garry, showcasing how brands can leverage real-time marketing without the lengthy timelines and budgets typically associated with large agencies [2][3][4] Company Overview - Fiverr's campaign, "Prompt and Punishment," highlights the capabilities of its in-house creative team and AI-expert freelancers to produce high-quality ads quickly [2][3] - The campaign demonstrates that small and mid-size businesses can access marketing quality previously reserved for Fortune 500 companies, without the associated costs [3][4] Marketing Strategy - The campaign cost approximately 10% of what Fiverr would usually spend on a similar production, indicating a significant reduction in marketing expenses [5] - Fiverr is crowdsourcing ideas for Garry's next adventures, showcasing the agility of freelancers in producing content that resonates with current cultural moments [6] Creative Production - The production process utilized advanced AI tools, allowing for rapid iteration and execution of marketing campaigns [4][8] - The campaign signifies a shift in creative workflows, where brands can now brief algorithms instead of traditional agencies, enabling faster concept testing and execution [8] Industry Impact - The campaign emphasizes the importance of combining human creativity with AI capabilities, positioning smaller teams to respond to trends more swiftly than larger agencies [4][7] - Fiverr's approach illustrates a broader trend in the marketing industry towards AI-native production methods, enhancing the speed and efficiency of content creation [8]
SEALSQ's SEALQuantum.com Lab is Advancing the Convergence of Quantum, Cybersecurity, and AI to Empower the Next-Generation of Startups
Globenewswire· 2025-08-26 13:20
Core Insights - SEALSQ Corp is advancing the quantum industry through its SEALQuantum.com Lab Incubator, which supports quantum startups in developing scalable products and solutions [2][3] - The global quantum market is projected to reach $97 billion by 2035, with quantum computing alone expected to grow at annual rates above 30%, creating significant opportunities for innovation [3][4] - SEALSQ is integrating AI into its quantum strategy, enhancing semiconductor design and cybersecurity, and aiming to develop hybrid quantum-classical systems [5][11] Company Developments - The SEALQuantum.com Lab has a total investment capacity of $30 million and has already invested in startups like ColibriTD and Quantix, as well as acquired IC'ALPS for semiconductor solutions [4][5] - SEALSQ is collaborating with ColibriTD and Xdigit to tackle the sub-7nm semiconductor challenge, aiming to improve wafer yields by addressing IR Drop issues through advanced mathematical modeling and quantum computing [6][9] - The company is positioning itself at the forefront of the Quantum-AI revolution, focusing on practical solutions for advanced chip manufacturing and quantum-resistant security [5][11] Market Context - The semiconductor industry faces urgent innovation needs as traditional methods struggle at smaller nodes, with yield losses exceeding 50% at nodes of 7nm and below [9] - SEALSQ's initiatives are timely, coinciding with rapid advancements in quantum computing, such as IBM's development of a fault-tolerant quantum computer by 2029 [8][9] - Upcoming events, including the Quantum Corridor launch in Davos and the IQT Quantum + AI event in New York, will provide startups with exposure to global investors and industry leaders [10]
Fifty1 Labs Partners with LUNR Aerospace to Pioneer AI-Driven Drug Repurposing for Space Medicine, Strategic Collaboration Aims to Harness AI and Orbital Access to Revolutionize Astronaut Health Solutions in a $2 Billion Market by 2032
Globenewswire· 2025-08-26 13:18
VANCOUVER, British Columbia, Aug. 26, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fifty 1 AI Labs, a subsidiary of Fifty 1 Labs, Inc. (OTC: FITY), has entered a groundbreaking partnership with LUNR Aerospace to develop AI-driven drug repurposing initiatives tailored for space medicine. This collaboration targets critical health challenges in microgravity, including immune support, musculoskeletal resilience, neuro-ocular protection (Spaceflight-Associated Neuro-Ocular Syndrome, or SANS), cardiovascular stability, ...