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ServiceNow's Workflow Adoption Rises: A Sign for More Upside?
ZACKS· 2025-07-14 15:56
Core Insights - ServiceNow (NOW) is experiencing growth due to increased adoption of its workflows by enterprises undergoing digital transformation [2] - The company secured 72 transactions exceeding $1 million in net new annual contract value (ACV) in Q1 2025, achieving a 20% year-over-year growth in its customer base with over $5 million in ACV [3][12] - ServiceNow is leveraging AI and machine learning to enhance its solutions, with its total addressable market projected to reach $275 billion by 2026 [4] Product Developments - In May 2025, ServiceNow launched its Core Business Suite, an AI-powered solution aimed at streamlining core business operations across various departments [5] - The frequent updates to the platform, occurring twice a year, are designed to simplify workflows and boost productivity for customers [4][12] Competitive Landscape - ServiceNow faces significant competition from Pegasystems and UiPath in the workflow automation space [7] - Pegasystems is gaining traction with its GenAI Blueprint solution, which is rapidly expanding, creating over 1,000 new Blueprints weekly [7][8] - UiPath continues to be a strong player in the Robotic Process Automation market, which is expected to grow substantially [9] Financial Performance - ServiceNow's shares have declined by 11.4% year to date, contrasting with a 7.5% return from the broader Zacks Computer & Technology sector [10] - The forward 12-month Price/Sales ratio for ServiceNow is 13.60X, significantly higher than the sector average of 6.59X [13] - The Zacks Consensus Estimate for Q2 2025 earnings is $3.54 per share, reflecting a 13.10% year-over-year increase, while the estimate for 2025 earnings is $16.54 per share, indicating an 18.43% growth [15]
Tevogen.AI Builds Alpha Version of PredicTcell™ Model with Microsoft and Databricks; Observes Drastic Time Reduction in Target Analysis Translating to Potential Savings of Billions in Drug Development Costs
Globenewswire· 2025-07-14 13:30
Core Viewpoint - Tevogen Bio Holdings Inc. has successfully developed the alpha version of its AI-driven PredicTcell™ model in collaboration with Microsoft and Databricks, aiming to revolutionize therapeutic development through enhanced target discovery and accelerated clinical research [1][3]. Group 1: Technology and Innovation - The PredicTcell model utilizes a terabyte-scale dataset with nearly a billion genetic and proteomic elements, significantly improving target discovery and reducing protein sequence analysis time from months to hours through advanced machine learning techniques [2][7]. - Tevogen.AI's initiatives are expected to streamline early-stage drug discovery, potentially generating billions in cost savings across the healthcare system and creating substantial top-line revenues for early adopters [7]. Group 2: Future Developments - The company plans to enhance the PredicTcell platform by expanding its datasets to include virology, oncology, and neurology, which may lead to improved accuracy and reduced time for wet lab testing [3][4]. - Additional advancements in clinical trial optimization and patient market analysis through the complementary AdapTcell™ model are anticipated to be announced in future communications [4].
How LLMs work for Web Devs: GPT in 600 lines of Vanilla JS - Ishan Anand
AI Engineer· 2025-07-13 17:30
Core Technology & Architecture - The workshop focuses on a GPT-2 inference implementation in Vanilla JS, providing a foundation for understanding modern AI systems like ChatGPT, Claude, DeepSeek, and Llama [1] - It covers key concepts such as converting raw text into tokens, representing semantic meaning through vector embeddings, training neural networks through gradient descent, and generating text with sampling algorithms [1] Educational Focus & Target Audience - The workshop is designed for web developers entering the field of ML and AI, aiming to provide a "missing AI degree" in two hours [1] - Participants will gain an intuitive understanding of how Transformers work, applicable to LLM-powered projects [1] Speaker Expertise - Ishan Anand, an AI consultant and technology executive, specializes in Generative AI and LLMs, and created "Spreadsheets-are-all-you-need" [1] - He has a background as former CTO and co-founder of Layer0 (acquired by Edgio) and VP of Product Management for Edgio, with expertise in web performance, edge computing, and AI/ML [1]
X @Avi Chawla
Avi Chawla· 2025-07-13 06:33
Product Overview - MindsDB is presented as a federated query engine with a built-in MCP server [1] - The platform supports querying data from over 200 sources, including Slack, Gmail, and social platforms [1] - MindsDB offers query capabilities in both SQL and natural language [1] - The platform is 100% open-source and has over 33 thousand stars [1]
Viewbix: Metagramm Unveils AI-Powered Grammar Solution for Enterprises Seeking Secure, Private, and Customized Language Models
Globenewswire· 2025-07-11 11:32
Core Insights - Viewbix Inc. announces the launch of an advanced on-premise grammar engine by its subsidiary Metagramm Software Ltd., aimed at enhancing linguistic accuracy for large organizations [1][3] - The new solution is designed to ensure data privacy and compliance with security regulations, differentiating it from generic cloud-based grammar tools [2][8] Company Overview - Metagramm specializes in AI-driven writing assistance tools, with its flagship product, Bubbl, focusing on personalized text generation [5] - Viewbix operates in digital advertising through subsidiaries, providing technological solutions for internet campaign automation and content creation across various platforms [6] Product Features - The grammar engine will be deployed on-premises, allowing total data control and privacy without external data sharing [8] - It will utilize custom language models trained on the user's internal documents and communication guidelines, ensuring industry-specific accuracy [8] - The solution supports multilingual capabilities and is tailored for sectors like finance, law, healthcare, and government, where precise communication is critical [8]
X @Avi Chawla
Avi Chawla· 2025-07-11 06:31
General Information - The content is a wrap-up and call to action to reshare the information [1] - The author shares tutorials and insights on Data Science (DS), Machine Learning (ML), Large Language Models (LLMs), and Retrieval Augmented Generation (RAGs) daily [1] Technical Focus - The author provides a clear explanation (with visuals) on how to sync GPUs in multi-GPU training [1]
V2X to Announce Second Quarter 2025 Financial Results
Prnewswire· 2025-07-10 20:35
Core Points - V2X, Inc. will report its second quarter 2025 financial results on August 4, 2025, after market close [1] - A conference call with senior management will take place at 4:30 p.m. ET on the same day [1] - The company provides innovative solutions that integrate physical and digital environments, enhancing mission readiness and resource management [4] Financial Reporting - The second quarter 2025 financial results will be disclosed after market close on August 4, 2025 [1] - A live webcast and slide presentation will be available for investors [2] Conference Call Details - U.S. participants can dial 877-300-8521, while international participants can call 412-317-6026 to join the conference call [2] - A replay of the conference call will be available on the V2X website for one year and via telephonic replay until August 18, 2025 [3] Company Overview - V2X employs approximately 16,000 professionals and focuses on national security, defense, civilian, and international markets [4] - The company utilizes AI and machine learning to address challenges across various operational domains [4]
NextNRG Reports Preliminary June 2025 Revenue Growth of 231% Year-Over-Year
Globenewswire· 2025-07-10 12:45
Core Insights - NextNRG, Inc. reported its sixth consecutive record month with a 231% year-over-year revenue growth in June 2025, indicating strong market demand for its AI-driven energy solutions [2][8] - The company is on track to achieve a $100 million revenue run-rate, bolstered by the pending acquisition of ReFuel Mobile in Canada, which is expected to close by August 1, 2025 [3][2] - NextNRG's operational efficiency and recurring revenue contracts are projected to lead to profitability in 2026, transitioning the company from a high-growth phase to a sustainable cash-generating enterprise [2] Financial Performance - June 2025 revenue reached $6.98 million, reflecting a 231% increase year-over-year and a 6% increase month-over-month [8] - Year-to-date revenue through June 2025 totaled approximately $35.87 million, a 33% increase compared to the full-year 2024 revenue of approximately $27 million [8] - The company delivered over 2.04 million gallons of fuel in June 2025, marking a 270% year-over-year increase and a 4% month-over-month increase [8] Strategic Initiatives - The acquisition of ReFuel Mobile, which has experienced a 1,166% revenue growth over three years, will enhance NextNRG's recurring revenue base and support international expansion [3] - NextNRG is expanding its fleet of fuel delivery trucks and operations across six U.S. states, with 144 active fuel delivery trucks [2][7] - The company is integrating sustainable energy solutions into its mobile fueling operations and plans to deploy its AI-powered microgrid systems and wireless EV charging products in key markets [2][6][7]
Scope Technologies Expands Product Leadership with Appointment of Andrew Knight as Vice President of Product
Prnewswire· 2025-07-10 12:00
Core Insights - Scope Technologies Corp. has appointed Andrew Knight as Vice President of Product, bringing nearly two decades of experience from top-tier technology firms like Microsoft and Electronic Arts [1][2][3] Company Overview - Scope Technologies specializes in quantum security and machine learning, providing next-generation solutions in data security, quantum encryption, and neural networks [9] - The company’s flagship product is QSE, a quantum-resilient security platform designed to protect organizations against current and emerging cybersecurity threats [2][6] Leadership and Strategy - Andrew Knight will lead the growth and expansion of QSE, focusing on product strategy during a critical industry transformation [2][6] - The CEO of Scope Technologies emphasized the importance of Knight's leadership in aligning technology, operations, and strategic partnerships to evolve QSE's architecture [6] Product Development - Knight's role will include overseeing the development of QSE's features, ensuring its cryptographic and cloud-native infrastructure meets the demand for quantum-resilient solutions [6][7] - The company aims to deepen its market presence in quantum-proof technologies, reinforcing its commitment to delivering trusted products [7] Background of Andrew Knight - Knight has a distinguished career with experience in technical leadership and innovation, having previously worked at Microsoft and Electronic Arts [3][4][5] - His expertise includes aligning external partnerships with internal development processes, which will be crucial for Scope Technologies as it scales its business [5][6]
BullFrog AI Unveils BullFrog Data Networks™ Solutions Library, Expanding Scalable AI-Powered Biomedical Insight Platform to Large Enterprises
Globenewswire· 2025-07-10 12:00
Core Insights - BullFrog AI Holdings, Inc. has launched the BullFrog Data Networks™ Solutions Library, an enterprise-wide solution aimed at transforming drug development for large biopharma organizations through AI and machine learning [1][6] Group 1: Product Overview - The BullFrog Data Networks™ Solutions Library is set to launch in late 2025 and is tailored for large-scale pharmaceutical, biotechnology, and life sciences organizations, providing secure infrastructure to extract insights from extensive biomedical datasets [2] - The platform is organized into specialized modules focusing on critical areas of drug discovery, such as target selection and clinical trial optimization, allowing clients to customize their decision support systems [2][6] - The solution is built on the bfLEAP™ causal AI engine, enhancing the ability to analyze complex biological data and streamline therapeutics development [1][10] Group 2: Technical Infrastructure - The library supports native deployment across major cloud platforms including Google Cloud Platform, Microsoft Azure, and Amazon Web Services, ensuring scalability, uptime, and data security [3] - This cloud-native architecture allows for rapid deployment and compliance with global data privacy standards, facilitating seamless data access and integration for R&D teams [4][5] Group 3: Market Position and Growth Potential - The BullFrog Data Networks Solutions Library aims to reduce R&D costs and failure rates for biopharma companies, positioning BullFrog AI as a leader in AI-driven drug discovery [6] - The global AI in drug discovery market is projected to reach $35.4 billion by 2034, growing at a CAGR of 29.6%, indicating a strong demand for scalable, data-driven solutions [8]