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EVA Live Secures Strategic Growth Financing to Accelerate AI Platform Expansion as Part of 2026 Growth Strategy
Globenewswire· 2026-03-03 13:30
Los Angeles, CA, March 03, 2026 (GLOBE NEWSWIRE) -- EVA Live, Inc. (Nasdaq: GOAI), an artificial intelligence-driven digital advertising and automation company, today announced that it has secured strategic growth financing as disclosed in its recent Form 8-K filing with the U.S. Securities and Exchange Commission. The financing, provided by Streeterville Capital, is intended to accelerate product development, support product expansion, and drive market penetration as part of EVA Live’s 2026 Growth Strategy ...
Global Mofy Recognized in the 2025 Chinese Listed Companies Brand 500
Globenewswire· 2026-03-03 13:30
Core Insights - Global Mofy AI Limited has been recognized in the "2025 Chinese Listed Companies Brand 500" at the China Economic Summit Forum, highlighting its brand value and industry position [1][2] Company Overview - Global Mofy is a generative AI-driven technology solutions provider focused on virtual content production and digital content industrialization, utilizing its proprietary "Mofy Lab" technology platform to create high-definition 3D digital assets [6] - The company has over 150,000 high-precision 3D digital assets, making it one of the leading digital asset banks in China, applicable in various sectors including movies, TV series, AR/VR, animation, advertising, and gaming [6] Industry Context - The aggregate brand value of the "2025 Chinese Listed Companies Brand 500" reached RMB 42.03 trillion, with an average brand value of RMB 8.4053 billion, indicating a strong market presence for technology, finance, and energy sectors [2] - The integration of intelligent manufacturing and AI technologies is identified as a key driver for brand enhancement and industrial transformation, reflecting the ongoing digital economic transition in China [2] Strategic Focus - The company emphasizes the dual advancement of technological capability and brand value, using AI as a core production engine to enhance standardization, scalability, and intelligence in digital content creation [4] - Global Mofy aims to improve organizational efficiency and industrial execution capability through the integration of AI-driven processes and structured production resources, establishing a sustainable platform for long-term brand growth [4] Leadership Perspective - The CEO of Global Mofy, Mr. Haogang Yang, stated that brand value is defined by sustained evolution rather than short-term expansion, emphasizing the importance of embedding AI into the organizational structure to enhance productivity while maintaining human-led creativity [5]
DUOL SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Duolingo
Globenewswire· 2026-03-03 13:25
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Duolingo To Contact Him Directly To Discuss Their Options If you suffered significant losses in Duolingo stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a ...
$1.4 Trillion Needed for AI Data Center Electrification by 2030, Chief Investment Officer
Yahoo Finance· 2026-03-03 13:21
Quick Read Eaton (ETN) data center backlog equals eleven years of 2025 construction. Data center orders accelerated 200% in Q4. GE Vernova signed over $2B in electrification orders for data centers in 2025. This tripled the prior year. Vertiv organic orders grew 81% while Constellation Energy and Vistra signed long-term nuclear power agreements with hyperscalers. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. One quote is doing a lot of heavy lifting r ...
Microsoft: Azure And OpenAI Integration Support Long-Term Growth
Seeking Alpha· 2026-03-03 13:14
Khaveen Investments is a global Investment Advisory Firm dedicated to serving the investment needs of clients worldwide including high-net-worth individuals, corporations, associations, and institutions. We are a registered investment adviser with the Securities Exchange Commission (SEC). We provide comprehensive services ranging from market and security research to business valuation and wealth management. Our flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds ...
Gaxos Acquires Strategic Stake in America First Defense, Developer of Advanced Drone-Based Electronic Warfare System
Globenewswire· 2026-03-03 13:12
Acquisition Provides Exposure to Emerging US Defense Technologies with Multi-Sector National Security Applications Roseland, NJ, March 03, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced that it acquired a 19.99% stake in America First Defense (“AFD”), a US-based defense technology company developing next-generation drone and robotics platforms. America First Defense is an America ...
BostonGene and Unilever Partner to Apply AI and Multiomics Research to Support Consumer Innovation
Businesswire· 2026-03-03 13:11
Core Insights - BostonGene and Unilever have formed a strategic partnership to leverage AI and multiomics research for consumer innovation, aiming to inspire the next generation of science-based product development [1] - The collaboration will utilize BostonGene's advanced AI capabilities and omnimodal data integration alongside Unilever's scientific expertise to explore biological differences and generate actionable insights for product innovation [1] Company Overview - BostonGene specializes in AI-driven solutions for tumor and immune biology, integrating genomic, transcriptomic, and immune data with clinical outcomes to enhance drug development and patient care [1] - Unilever is a leading global supplier of consumer goods, with sales of €50.5 billion in 2025 and products used by 3.7 billion people daily [1] Partnership Objectives - The partnership aims to apply advanced AI and multiomics approaches to uncover insights that will drive innovative product development for Unilever's consumer base [1] - Unilever's investment in cutting-edge science and technology is intended to maintain its competitive edge in scientific innovation [1] Future Implications - The collaboration is expected to extend BostonGene's foundation model beyond oncology into broader areas of human biology, potentially accelerating discoveries that influence consumer-focused science [1]
AMD Unveils World's First Copilot+ Desktop Chips— Momentum Climbs Despite Short-Term Tech Slide
Benzinga· 2026-03-03 13:11
Advanced Micro Devices Inc. (NASDAQ:AMD) is fortifying its domestic footprint and market sentiment despite broader sector volatility. This week, the company's momentum score climbed from 88.93 to 90.84, placing it within the top 10% of the market as it secures critical infrastructure and product milestones.Strategic Validation And Elite RankingsWhile the stock faces short-term bearish pressure—down 7.26% YTD—its underlying fundamentals remain robust. AMD currently boasts an exceptional quality score of 93.8 ...
Should You Buy Nvidia Stock After Its Blowout Feb. 25 Earnings Report?
Yahoo Finance· 2026-03-03 13:05
Core Insights - Nvidia reported its fourth-quarter fiscal 2026 earnings, showcasing impressive results despite high expectations, leading to discussions about whether the stock is overvalued [1][2]. Financial Performance - Nvidia's stock price has increased by 724% over the past four years, significantly outperforming the S&P 500, Nasdaq Composite, and tech sector [2]. - The company's net income surged from less than $5 billion to $120.1 billion in four years, making it the second most profitable company globally, following Alphabet [3]. - Revenue and net income growth have outpaced stock price increases, with Nvidia converting over $0.55 of every dollar in sales into after-tax net income [3]. Revenue and Margins - Nvidia's revenue figures for fiscal years are as follows: - Fiscal 2023: $27 billion - Fiscal 2024: $60.9 billion - Fiscal 2025: $130.5 billion - Fiscal 2026: $215.9 billion - Gross margins have been strong, with figures of 56.9% in fiscal 2023, peaking at 75% in fiscal 2025, and settling at 71.1% in fiscal 2026 [4]. Future Guidance - For the first quarter of fiscal 2027, Nvidia is guiding for $78 billion in revenue and a 75% GAAP gross margin, representing a 14.5% quarter-over-quarter increase and a 76.9% increase year-over-year [5]. Customer Concentration - Nvidia's revenue is heavily reliant on a small number of customers, with the top five cloud providers accounting for over 50% of its data center revenue [6][7]. - Capital expenditure expectations from these customers have risen by nearly $120 billion since the start of 2026, approaching a total of $700 billion [7].
LeoSight and Veritone to Provide Next-Generation of Real-Time, AI-Powered Public Safety
Prnewswire· 2026-03-03 13:05
Core Insights - Veritone and LeoSight have formed a strategic partnership to create a next-generation, AI-powered public safety solution that offers a cost-effective alternative to existing systems [1] - The integrated product combines Veritone's AI capabilities with LeoSight's data visualization tools to enhance real-time public safety operations [1] Company Overview - Veritone, Inc. specializes in enterprise AI and data solutions, serving various sectors including media, public sector, and talent acquisition [1] - LeoSight focuses on advanced data visualization for real-time public safety operations, enabling multi-agency collaboration and situational awareness [1] Partnership Details - The partnership aims to provide law enforcement and public safety organizations with a flexible, interoperable system that reduces reliance on single-vendor ecosystems [1] - The joint solution will facilitate critical investigations and response operations by delivering time-sensitive insights through advanced data analysis [1] Technology Integration - Veritone's AI features, such as object detection and redaction, will be integrated into the LeoSight platform, while LeoSight's visualization tools will enhance Veritone's offerings [1] - This bi-directional integration is designed to empower agencies to make faster and more accurate decisions in high-pressure situations [1] Market Positioning - The collaboration is positioned as a best-of-breed solution that is more flexible and cost-competitive compared to existing public safety technology platforms [1] - The partnership reflects a commitment to fostering innovation within an open ecosystem, allowing for greater adaptability and operational efficiency [1]