AI-driven automation

Search documents
Datavault AI Debuts Enterprise Commercialization for AI Agents Built with IBM watsonx for AI-Powered Data Monetization
GlobeNewswire News Room· 2025-07-29 09:34
Core Insights - Datavault AI Inc. is expanding the commercialization of its AI agents, DataScore® and DataValue®, in collaboration with IBM watsonx.ai to enhance enterprise financial modeling, risk assessment, and pricing strategies [1][3] - The partnership with IBM aims to accelerate AI adoption across various industries, including finance, healthcare, sports, entertainment, and government [2] - The CEO of Datavault AI views this collaboration as a strategic inflection point, positioning the company to scale its data monetization platform globally [3] Company Developments - Datavault AI is a Platinum partner in IBM's Partner Plus program, which will facilitate collaboration on deployment, testing, and development [2] - The company has developed a fully integrated AI-powered ecosystem to help organizations monetize their data assets through its flagship AI agents [5] - The Data Vault Bank® is expected to be released in October 2025, converting enterprise data into structured, tradable assets [5] Product Offerings - DataScore® is a patented AI-driven scoring and risk analysis tool that ensures compliance with regulatory standards [6] - DataValue® is a patented AI-driven pricing engine that assigns financial valuations to enterprise data, creating new liquidity and trading opportunities [6] - The Data Vault Web 3.0 platform enhances secure, compliant, and scalable data monetization across industries [7] Market Potential - According to McKinsey & Company, generative AI is projected to add between $2.6 trillion and $4.4 trillion annually across key business applications, highlighting the significance of AI-driven automation in enterprise technology [4]
Oracle Enables Automation of Drug Supply Management Across Vendors and Studies to Help Speed and Simplify Clinical Trials
Prnewswire· 2025-06-04 12:00
Core Insights - Oracle has introduced new interoperability advancements in its Randomization and Trial Supply Management (RTSM) solution, aimed at optimizing drug supply management across complex clinical trials and multiple therapeutic areas [1][2][3] - The enhancements allow sponsors and CROs to manage drug inventory across various clinical trials simultaneously, reducing inefficiencies and accelerating trial execution timelines [1][4] - Oracle's RTSM now supports integrated supply management with major partners, ensuring timely delivery of the right drug to the right site, regardless of the technology platform used in the study [1][2] Technology and Features - Built on Oracle Cloud Infrastructure (OCI), RTSM provides end-to-end automation for drug supply ordering, tracking, and allocation, catering to the growing demand for multi-vendor strategies and cross-trial flexibility [2][3] - The system includes built-in analytics for centralized inventory levels, shipment statuses, and drug usage across trial portfolios, enhancing operational efficiency [2][3] Strategic Vision - Oracle's strategy emphasizes interoperability, connectivity, AI-driven automation, and agentic workflows, aiming to unify life sciences and clinical applications to create a more intelligent and patient-centric research ecosystem [3][4] - The enhancements reflect Oracle's commitment to delivering an open and connected ecosystem, enabling sponsors to accelerate innovation and improve patient outcomes [4][5] Company Background - Oracle Life Sciences is recognized as a leader in cloud technology and pharmaceutical research, with over 20 years of experience in supporting clinical development and leveraging real-world evidence [5][6] - The company aims to empower the life sciences industry to enhance patient outcomes through innovation and advancements in clinical research [5]
Richtech Robotics Announces Preliminary Inclusion in US small-cap Russell 2000® Index
Globenewswire· 2025-05-28 13:00
Core Insights - Richtech Robotics Inc. has been selected for preliminary inclusion in the US small-cap Russell 2000 Index, effective after market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution [1] - The company's stock will also be added to the appropriate growth and value indexes, reflecting its membership in the broader Russell 3000 Index [1] - This inclusion is seen as a validation of the company's momentum and growing market confidence in its AI-driven automation solutions [2] Company Overview - Richtech Robotics specializes in AI-driven service robots, focusing on the hospitality and healthcare sectors [4] - The company's mission is to transform the service industry through collaborative robotic solutions that enhance customer experience and operational efficiency [4] - Richtech Robotics aims to create a landscape of enhanced interactions and innovation, propelling organizations toward higher levels of excellence and satisfaction [4] Market Context - Russell indices are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies [2] - As of June 2024, approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, indicating the significance of these indices in the investment landscape [2]
BILL Holdings Plunges 47% Year to Date: Should You Buy the Stock on Dip?
ZACKS· 2025-05-27 17:26
Core Viewpoint - BILL Holdings (BILL) has experienced a significant decline in stock value, dropping 46.8% year-to-date, underperforming compared to the broader tech sector and peers like SAP and Intuit, which have seen gains of 19.7% and 14.5% respectively [1][2] Group 1: Market Performance - The underperformance of BILL can be linked to broader market weaknesses in the tech sector, ongoing fears regarding U.S. tariffs, and a challenging macroeconomic environment characterized by persistent inflation and high interest rates [2] - In contrast, competitors SAP and Intuit have successfully enhanced their offerings, particularly in the SMB sector, contributing to their stock gains [1][2] Group 2: Company Developments - BILL is enhancing its platform with increased adoption, AI-driven automation, and expanded payment solutions, which are expected to help the company compete effectively in the SMB sector [3] - In fiscal Q3 2025, BILL processed nearly $79 billion in payment volume across 30 million transactions, aiding over 488,600 businesses in automating financial operations [4] - The company introduced new procurement and financial automation innovations in April 2025, unifying various financial workflows to help businesses manage cash flow [5] Group 3: Customer Growth and Partnerships - BILL added 4,200 net new customers in fiscal Q3 2025, bringing the total to 164,800 customers using its AP and AR solutions [6] - Key partnerships, such as with Xero and Regions Bank, have been instrumental in expanding BILL's SMB clientele and enhancing its digital payment solutions [7][8] Group 4: Financial Guidance - For Q4 fiscal 2025, BILL anticipates revenues between $370.5 million and $380.5 million, indicating year-over-year growth of 8-11% [9] - The company expects fiscal 2025 revenues to be between $1.45 billion and $1.46 billion, reflecting a year-over-year growth of 12-13% [11] - The Zacks Consensus Estimate for Q4 fiscal 2025 revenues is $375.13 million, with a consensus earnings estimate of 39 cents per share [10] Group 5: Profitability and Cash Flow - BILL's focus on automation and an expanding customer base is driving strong growth and profitability, with a free cash flow margin of 25% in fiscal Q3 2025 [12] - The company is positioned for sustained success, supported by its robust product portfolio and market demand [12]
Avalon GloboCare and YOOV, a Leading Business AI Automation Solutions Provider, Enter into Merger Agreement
Globenewswire· 2025-03-10 12:00
Company Overview - Avalon GloboCare Corp. has entered into a definitive merger agreement with YOOV Group Holding Limited, a provider of AI automation solutions, with the combined company expected to operate under the name YOOV, Inc. and trade on Nasdaq under the symbol "YOOV" [1][5] - The merger is anticipated to close in the third quarter of 2025, subject to stockholder approval and other customary closing conditions [5][6] Financial Performance - YOOV reported unaudited revenue of $45.7 million and net income of $3.4 million for the calendar year 2024, marking a 59.1% increase in revenue compared to $28.7 million and a net loss of $2.4 million in 2023 [1][3] - For the fiscal year ending March 31, 2024, YOOV had unaudited revenue of $29.6 million and net income of $1.3 million, compared to $21.5 million in revenue and a net loss of $527,403 for the fiscal year ending March 31, 2023 [3] Strategic Rationale - The merger is viewed as a strategic opportunity to unlock value and drive innovation in AI-driven automation, with both companies expressing confidence in the potential for long-term shareholder value [4][6] - YOOV's AIaaS platform is designed to enhance operational efficiency and productivity for businesses of all sizes, emphasizing scalability and flexibility [2][9] Management Structure - Post-merger, Phil Wong will serve as Chairman, CEO, and President of the combined company, with a board of directors consisting of seven members, five from YOOV and two from Avalon [6]