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PowerBank Corporation Announces Contracts with Intellistake for Full Deployment of AI Agents Following Successful Beta Testing Phase
Prnewswire· 2026-02-05 12:07
Core Insights - PowerBank Corporation has transitioned from beta testing to operational deployment of IntelliScope Enterprise Hub AI agents developed by Intellistake Technologies Corp, marking a significant step in enhancing its renewable energy project development capabilities [2][8]. Group 1: Contracts and Deployment - PowerBank signed two contracts with Intellistake Technologies on February 4, 2026, to formally onboard and deploy the IntelliScope Enterprise Hub AI agents [2][4]. - The contracts include the build and deployment of two AI agent platforms, which completed approximately three months of proof-of-concept development during a closed beta phase [4][8]. - The combined Year 1 value of the two contracted platforms is approximately CA$278,000, which includes initial implementation and subscription services [14]. Group 2: AI Platform Functionality - The IntelliScope Enterprise Hub is designed to support renewable energy project development by analyzing geospatial data, evaluating regulatory requirements, and identifying optimal site locations for solar and battery storage projects [3][12]. - A public-facing AI communications agent will be embedded within PowerBank's website, enabling structured external engagement and generating analytics reports [5][9]. - IntelliScope will serve as a bespoke internal business intelligence platform, focusing on renewable energy development in the U.S. and consolidating fragmented data sources into a single intelligence layer [6][11]. Group 3: Testing and Evaluation - During the beta testing period, PowerBank's teams evaluated the AI agents' capabilities across multiple use cases, including site assessment workflows and permitting analysis [7][8]. - The testing framework examined performance metrics, integration requirements, and operational effectiveness within PowerBank's existing technology infrastructure [7]. Group 4: Future Plans and Expansion - PowerBank plans to expand the use of the IntelliScope Enterprise Hub across additional business functions and project development stages as the AI agents' capabilities are refined [13]. - The company views AI-powered analytical tools as complementary to its existing engineering and business development expertise, enhancing data processing and decision-making [13].
Barry Silbert Sees Latest Slump As 'Gift From Crypto Gods,' Drops His Top Bets Even As Bitcoin Sinks Under $75,000
Yahoo Finance· 2026-02-03 19:01
Barry Silbert, CEO of cryptocurrency conglomerate Digital Currency Group, described the latest cryptocurrency crash as a god-sent opportunity poised to trigger significant capital inflows back into the sector. Why Silbert Sees Opportunity Amid Chaos In an X post, Silbert referred to the market slump as a “gift from the crypto gods,” suggesting that it is clearing out excess leverage and “crap tokens.” “A massive capital rotation into crypto is about to begin. Time to pick your fighter,” the cryptocurrenc ...
Flora Growth Corp. Announces Withdrawal of Proposed Public Offering
TMX Newsfile· 2026-01-28 13:05
Core Viewpoint - Flora Growth Corp. has announced the withdrawal of its proposed public offering of common shares [1] Company Overview - Flora Growth Corp. is set to be rebranded as ZeroStack and is the first Nasdaq-listed asset management company focused on decentralized AI [3] - The company operates a global pharmaceutical distribution business through its wholly owned subsidiary, Phatebo GmbH [3]
Flora Growth Corp. Announces Proposed Underwritten Public Offering
TMX Newsfile· 2026-01-27 21:09
Toronto, Ontario--(Newsfile Corp. - January 27, 2026) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company"), today announced it has commenced an underwritten public offering of its common shares. All common shares in the offering are to be offered by the Company. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.R.F. Lafferty & Co., Inc. is acting as the sole book-running manager f ...
Flora Growth Corp. Announces Name Change to ZeroStack Corp., Furthering Its Strategy as an AI-Focused Asset Management Company
TMX Newsfile· 2026-01-27 13:00
Toronto, Ontario--(Newsfile Corp. - January 27, 2026) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced that it will change its corporate name to "ZeroStack Corp." The name change is expected to become effective on or around January 29, 2026, on the Nasdaq Capital Market (the "Nasdaq"). Concurrent with the corporate name change, the Company's common shares (the "Common Shares") will trade on the Nasdaq under the symbol "ZSTK".The name and ticker change reflect the Company's evolution towa ...
Nvidia CEO Jensen Huang Envisioned Compressing 'Excess Energy' Into AI Models — Grayscale Touts This Crypto As Right Match
Benzinga· 2026-01-08 09:11
Core Insights - Grayscale Investments has identified Bittensor (CRYPTO: TAO) as a token that aligns with Nvidia CEO Jensen Huang's vision of utilizing excess energy for AI model transformation [1][2][3] Group 1: Bittensor and Its Functionality - Bittensor is a decentralized, blockchain-based machine-learning network that allows for the sharing, training, and ranking of AI models [3][4] - The protocol incentivizes participation and contribution by rewarding users with TAO tokens [4] Group 2: Grayscale's Involvement - Grayscale operates the Grayscale Bittensor Trust (OTCQX:GTAO) in over-the-counter markets and has filed an S-1 with the SEC to convert this trust into a spot exchange-traded fund [4] Group 3: Market Performance - As of the latest data, TAO is priced at $274.33, reflecting a 2.66% decrease over the past 24 hours and a significant 42% decline over the past year [5]
Grayscale Investments® Announces Rebalancing of Multi-Asset Funds for Fourth Quarter 2025
Globenewswire· 2026-01-07 21:15
Core Viewpoint - Grayscale Investments has announced updated fund component weightings for its DeFi Fund, Smart Contract Fund, and Decentralized AI Fund as part of their fourth quarter 2025 reviews, reflecting adjustments in their portfolios based on respective index methodologies [1][2][3]. Fund Adjustments - The DEFG Fund's portfolio was adjusted by selling existing components in proportion to their weightings and using the proceeds to purchase components accordingly, with specific asset weightings detailed [2][6]. - The GSC Fund underwent a similar adjustment process, aligning its portfolio with the CoinDesk Smart Contract Platform Select Capped Index methodology [2][11]. - The AI Fund also adjusted its portfolio in accordance with its established methodology, selling and purchasing components based on their weightings [3][16]. Fund Characteristics - None of the DEFG, GSC, or AI Funds generate income, and they regularly distribute fund components to cover ongoing expenses, leading to a gradual decrease in the amount of fund components represented by shares over time [3][10]. - The DeFi Fund aims to provide exposure to leading decentralized finance platforms through a market cap-weighted portfolio designed to track the CoinDesk DeFi Select Index [9][10]. - The GSC Fund seeks to provide exposure to industry-leading smart contract platforms, also through a market cap-weighted portfolio, subject to a weightings cap [11]. Company Overview - Grayscale Investments is recognized as the largest digital asset-focused investment platform, with approximately $27.5 billion in assets under management as of September 30, 2025 [5][20]. - The company has a decade-long track record in the digital asset space, offering a range of investment products that provide single asset, diversified, and thematic exposure [20].
Nvidia Absorbs Another Rival for $20B, Boosting Decentralized AI
Yahoo Finance· 2025-12-25 00:53
Acquisition Strategy - NVIDIA has agreed to pay approximately $20 billion to acquire assets from AI chip startup Groq, marking its largest transaction on record and continuing its strategy of absorbing potential competitors [1] - The deal closed just three months after Groq raised $750 million at a $6.9 billion valuation, with notable investors including BlackRock, Samsung, and Cisco [2] - The acquisition follows a pattern established by NVIDIA, which previously paid over $900 million to hire Enfabrica's CEO and employees while licensing the startup's technology [3] Competitive Landscape - Groq's Language Processing Unit utilizes on-chip SRAM for improved energy efficiency, claiming up to 10x better performance, which NVIDIA can now leverage within its ecosystem [4] - The timing of the acquisition is significant as Google recently unveiled its seventh-generation TPU and released Gemini 3, indicating increasing competitive pressure in the AI chip market [5] - NVIDIA's response to Google's advancements suggests that the company is aware of the mounting competition and is taking proactive measures to maintain its market dominance [5]
Holiverse Announces Development of Offline AI Device to Return Data Control to Users
Globenewswire· 2025-12-23 01:50
Core Viewpoint - Holiverse is developing a decentralized AI device that operates offline, addressing concerns about data privacy and sovereignty [1][3]. Group 1: Technology Development - The device will embed private AI directly on hardware, eliminating the need for data transmission to external servers [3]. - Holiverse aims to reduce risks associated with AI and enhance personal interaction through this technology [4]. - The initiative is resource-intensive, involving collaboration with leading AI specialists [4]. Group 2: Company Background - Holiverse is a biotech platform founded by Lado Okhotnikov, focusing on integrating human biology with advanced technology [5]. - The company aims to create holistic health solutions through personalized, data-driven approaches [5]. Group 3: Key Features - On-device processing ensures all data remains within a closed loop on the user's hardware [6]. - The AI device will function offline, allowing intelligence to operate without internet connectivity [6]. - Hyper-personalization will be achieved by tuning models to individual biological and behavioral data [6]. Group 4: Future Outlook - Holiverse plans to present initial developments of the decentralized AI device publicly in the coming months [4].
Flora Growth Announces Results of 2025 Special Meeting of Shareholders
TMX Newsfile· 2025-12-19 21:33
Core Viewpoint - Flora Growth Corp. is rebranding to ZeroStack and is the first public company to provide exposure to Decentralized AI through the accumulation of $0G, its native cryptocurrency [1][6] Proposal Summaries - **Proposal 1**: Authority granted to the Board to change the company's name to "ZeroStack Corp." with 307,327 votes for and 53,559 against [2] - **Proposal 2**: Authority granted to create a new class of preferred shares, with 165,494 votes for and 32,278 against [2] - **Proposal 3**: Approval of the 2022 Plan Amendment to increase the number of Common Shares from 115,385 to 10% of fully diluted shares, with 167,124 votes for and 30,477 against [2] - **Proposal 4**: Approval of stock options grant to the CEO, CFO, and Executive Chairman, with 166,325 votes for and 30,688 against [3] - **Proposal 5**: Approval for issuance of Common Shares underlying pre-funded warrants from private placement transactions, with 53,843 votes for and 27,150 against [3] - **Proposal 6**: Approval for issuance of Common Shares underlying a convertible note issued to DeFi Development Corp., with 53,843 votes for and 27,076 against [3] - **Proposal 7**: Approval for issuance of Common Shares underlying a convertible note issued to Zero Gravity Labs Inc., with 54,609 votes for and 27,033 against [3] - **Proposal 8**: Authority granted for a forward share split of outstanding Common Shares at a ratio between 2:1 to 10:1, with 280,700 votes for and 70,061 against [4] - **Proposal 9**: Approval for adjournments or postponements of the Meeting if necessary, with no specific vote count provided [4] Meeting Outcomes - All proposals (1 through 9) were approved during the Special Meeting of Shareholders [5]