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Roadzen Raises $2.25 Million in PIPE Financing at 20% Premium to Market to Advance Growth and Drive Operating Plan for FY25–26
Globenewswire· 2025-07-24 13:50
PIPE Backed by Four of Roadzen’s Largest Shareholders, Signaling Strong Investor Conviction in the Company Roadzen CEO and Leadership Team Defer RSU Vesting Until September 2026 in Show of Commitment to Long-Term Value Creation NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced it has signed agreements to complete a $2.25 million private placement of common stock at a price ...
President Trump discusses the AI action plan
CNBC Television· 2025-07-24 13:45
to partner with our tech geniuses and achieving this vision. Today, we're releasing the White House AI action plan. Big stuff.Signing it right after this. In fact, I see it sitting right there. Maybe I should just sign it right now.Who the hell has to make the rest of this speech, right. But here are the pillars of the strategy. First, my administration will use every tool at our disposal to ensure that the United States can build and maintain the largest, most powerful, and most advanced AI infrastructure ...
European Central Bank () Update / Briefing Transcript
2025-07-24 13:45
European Central Bank () Update / Briefing July 24, 2025 08:45 AM ET Speaker0Good afternoon, and welcome to our press conference with President Lagarde and Vice President, De Gindos. And my name is Wolfgang Preusel. As always, we are joined by journalists who are connected via video link. If they ask questions, please turn on the camera and the microphone. And with that, I hand over to President Lagarde, please.Speaker1Thank you very much, Wolfgang, and good day to all of you. The President, the Vice Presid ...
Alliance Data Systems(BFH) - 2025 Q2 - Earnings Call Transcript
2025-07-24 13:32
Bread Financial (BFH) Q2 2025 Earnings Call July 24, 2025 08:30 AM ET Company ParticipantsBrian Vereb - Head of Investor RealtionsRalph Andretta - CEO, President & DirectorPerry Beberman - Executive VP & CFOSanjay Sakhrani - Managing DirectorReggie Smith - ED - Equity ResearchJeffrey Adelson - Executive DirectorRyan Shelley - High Grade & High Yield Credit Research - VPConference Call ParticipantsMihir Bhatia - AnalystMoshe Orenbuch - MD & Senior AnalystTerry Ma - Senior Equity Research AnalystBill Carcache ...
Bumble (BMBL) Surges 9.2%: Is This an Indication of Further Gains?
ZACKS· 2025-07-24 13:31
Bumble Inc. (BMBL) shares soared 9.2% in the last trading session to close at $8.4. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 47.6% gain over the past four weeks.Bumble is benefiting from a complete re-establishment of its platform for sustained growth, including efforts toward removing bots and scammers to increase member trust, and modernizing its matching algorithm by leveraging AI.This company is expected to post quarte ...
Veris Residential(VRE) - 2025 Q2 - Earnings Call Transcript
2025-07-24 13:30
Veris Residential (VRE) Q2 2025 Earnings Call July 24, 2025 08:30 AM ET Speaker0Greetings and welcome to the Verus Residential Inc. Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded.It is now my pleasure to introduce your host, Terren Fielder, General Counsel. Thank you. You may begin.Speaker1Good morning, everyone, and ...
Alliance Data Systems(BFH) - 2025 Q2 - Earnings Call Transcript
2025-07-24 13:30
Bread Financial (BFH) Q2 2025 Earnings Call July 24, 2025 08:30 AM ET Speaker0Good morning and welcome to Bred Financial's Second Quarter twenty twenty five Earnings Conference Call. At this time, all parties have been placed on a listen only mode. Following today's presentation, the floor will be open for your questions. It is now my pleasure to introduce Mr. Brian Verib, Head of Investor Relations at Bred Financial.The floor is yours.Speaker1Thank you. Copies of the slides we will be reviewing in the earn ...
Ecolomondo Receives Repeat Order and Ships its Second Commercial Truckload of Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-24 13:30
Core Viewpoint - Ecolomondo Corporation has successfully shipped its second commercial truckload of recovered carbon black (rCB) from its Hawkesbury TDP facility, indicating strong demand and quality approval from its main offtake client [1][4]. Company Developments - The main offtake client for rCB has approved the quality of the product produced at the Hawkesbury TDP facility after rigorous testing of various quality thresholds [2]. - Following the quality approval, the client placed an initial order for 23 metric tons of rCB, which was promptly shipped [3]. - A repeat order for another truckload of 23 metric tons was issued by the client, confirming the high quality of rCB produced [4]. - The company anticipates receiving quality approval from another major offtake client for its rCB [5]. Facility Operations - The Hawkesbury TDP facility is expected to process approximately 1 million scrap tires annually, primarily from cars, SUVs, and trucks, resulting in the production of around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [5][12]. - The facility spans 46,200 square feet and includes three main production departments: tire shredding, thermal decomposition, and rCB refining [12]. Future Projects - The Shamrock Project, a new 6-reactor TDP facility, is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [13]. - Construction for the Shamrock facility is expected to begin in the third quarter of 2025, with a projected cost of approximately US$93 million [13]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction compared to the production of virgin carbon black. The Hawkesbury facility is expected to reduce CO2 emissions by 15,000 tons per year [20].
How AI Will Impact Small Business in America
Bloomberg Technology· 2025-07-24 13:29
There's been a really big focus in D. C. of the macro level, large scale infrastructure, the world's biggest companies.Critically, the leaders in the American technology stack and then how the economy will follow suit. But actually other parts of the conversation about how the broader American economy from small and medium businesses to mom and pop shops are going to be impacted by the action plan. Therefore, I'm delighted, speaks Kelly Lefler, his director of the SBA.I mean, that's how you framed it on sta ...
CreateAI's "Brotherhood of Blades" Animated Short Wins 3 Golds at Collision Awards, Beating Top Global Studios
Prnewswire· 2025-07-24 13:24
Core Insights - CreateAI Holdings announced that its animated short "Brotherhood of Blades" won three Gold and one Silver Awards at the Collision Awards, marking a significant achievement for the company and Chinese animation on a global stage [1][2][4] Awards and Recognition - The short film received Gold Awards for Best Animation, Best Animated Character, and Best Animation Style, along with a Silver Award for Best Motion Design [2] - This is the first time a Chinese animation has won at the Collision Awards, highlighting its competitive edge against internationally renowned studios [2] Production Details - "Brotherhood of Blades" is adapted from a climactic action sequence of the film of the same name and was produced by Bo Liu and the Infinity Animation team with CreateAI's technology [3] - The production combined traditional hand-drawn aesthetics with AI enhancements, reducing overall production time by 50% while maintaining the visual style of classic "wuxia" culture [3] Company Vision and Future - CreateAI's CEO emphasized the importance of blending creativity with technology, believing that Chinese martial arts storytelling can thrive globally [4] - The Collision Awards Managing Director praised the work as a demonstration of the future of animation, which lies in integrating traditional craftsmanship with innovation [4] - A trailer for Season 3 of the "Zhen Dao Ge (On the Edge)" animated series was released, with the full season set to premiere in the fall [4] Company Overview - CreateAI is a global applied artificial intelligence company with offices in the US, China, and Japan, focusing on developing leading AI technology for digital entertainment content production [7] - The company aims to redefine digital storytelling by creating immersive and visually stunning experiences that resonate with global audiences [7]