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Forbes· 2025-07-08 20:40
The Prompt: OpenAI Backs New AI Training Academy For Teachershttps://t.co/kie2FPMHam https://t.co/DhD1Ea66rz ...
Genius Group Increases Bitcoin Treasury 20% to 120 Bitcoin; accelerates purchase plan.
Globenewswire· 2025-07-02 12:00
About Genius Group SINGAPORE, July 02, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that on July 1, 2025 it increased its Bitcoin Treasury by 20% to 120 Bitcoin, which have been purchased at an average price of $101,539 per bitcoin. The Company is accelerating its purchase plan with more frequent purchases. With its most recent purchase, Genius Group has doubled the size of its Bitco ...
Genius Group Board appoints Kevin Malone as Board Advisor.
GlobeNewswire News Room· 2025-06-30 12:00
As the Company prepares to file its lawsuit for alleged market manipulation including naked short selling and spoofing, it has appointed Mr. Malone to provide his expertise and strategies to the board, and to work together with the Company's team of lawyers and data analysts both prior to and following the filing. Mr. Malone said "In 2021, when multiple brokerages removed the buy button on GameStop, Wall Street stole millions of dollars of my client's money from them. That moment changed my trajectory forev ...
Genius Group Board approves shareholder dividend, Bitcoin purchase from proceeds of future legal wins.
Globenewswire· 2025-06-26 14:05
SINGAPORE, June 26, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that its Board of Directors have approved a distribution plan from the proceeds of any and all future legal wins, with net proceeds divided equally for distribution to shareholders and purchase of Bitcoin for its Bitcoin Treasury. Genius Group’s CEO, Roger Hamilton said “The Company has two legal cases, one filed and on ...
花旗:Dell‘Oro Q2 2025 数据中心资本支出报告要点
花旗· 2025-06-23 02:09
Flash | 17 Jun 2025 10:01:01 ET │ 9 pages – 1Q market up > 50% YoY to $134bn, driven by accelerated server spend; servers >50% of DC capex, accelerated > general purpose US Communications Equipment Dell'Oro 1Q25 Data Center Capex Report Highlights CITI'S TAKE We summarize key points from Dell'Oro Group's 1Q data center capex report. – General purpose infrastructure was up modestly – Limited impact from tariff-except components. System vendors and hyperscale cloud SPs increased component inventory purchases ...
New details emerge on Meta's $14.3B deal for Scale
TechCrunch· 2025-06-13 21:35
Core Insights - Meta has entered into a deal to acquire 49% of AI startup Scale, valuing the company at over $29 billion, which is an unusual move in the industry [1] - The deal allows Scale to distribute proceeds to shareholders and employees, providing them with substantial liquidity while maintaining their shareholder status [1] Company Details - Scale's founder and CEO, Alexandr Wang, who dropped out of MIT at age 19, will be hired by Meta as part of the acquisition [2] - The payout structure indicates that investors, such as Accel, will receive dividends rather than selling shares, with Accel expected to receive $2.5 billion [2] - Scale was previously valued at $14 billion after raising $1 billion in a Series F funding round a year ago, making the current payout significant [2]
Genius Group resumes buying Bitcoin, increases Bitcoin Treasury by 40%.
Globenewswire· 2025-05-22 12:00
SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that following the favorable ruling by the U.S. Court of Appeals, allowing Genius Group to buy Bitcoin, the Company has resumed buying Bitcoin for its Bitcoin Treasury. The Company has increased its Bitcoin Treasury by an additional 40%, with the purchase of 24.5 Bitcoin. The Company currently holds 85.5 Bitcoin purchase ...
Genius Group provides update to RICO lawsuit
GlobeNewswire News Room· 2025-05-21 12:00
SINGAPORE, May 21, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that its lawyers have filed an amended complaint against Peter Ritz and Michael Moe as the controlling officers and directors of LZGI International, Inc ("LZG") under the Racketeer Influenced and Corrupt Organizations Act (RICO), in the United States District Court, Southern District of Florida, seeking updated damages o ...
Genius Group CEO, Roger Hamilton's X Account Hacked
GlobeNewswire News Room· 2025-05-11 03:15
Core Viewpoint - Genius Group Limited has announced that the CEO's X account was compromised, leading to the dissemination of false information regarding a token launch, which the company disclaims as unauthorized [1][2]. Company Response - The company and CEO Roger Hamilton have urged the public to disregard any posts or messages from the compromised account until official confirmation of recovery is provided [2]. - Genius Group has contacted X to recover the account and reported the hacking to law enforcement and regulatory agencies, including the Singapore Police, FBI, SEC, and NYSE [3]. Legal Actions - The company has stated its intention to pursue legal action against the hackers and is investigating any potential connections between this incident and its ongoing legal matters [3]. Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered education and acceleration solutions, serving 5.8 million users across over 100 countries [4]. - The company operates through its Genius City model and offers a digital marketplace for AI training, tools, and talent, focusing on personalized entrepreneurial pathways [4].
Innodata(INOD) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Financial Data and Key Metrics Changes - Q1 2025 revenue reached $58.3 million, a year-over-year increase of 120% [6][36] - Adjusted EBITDA for the quarter was $12.7 million, or 22% of revenue, reflecting a 236% year-over-year increase [6][36] - Net income for Q1 was $7.8 million, up from $1 million in the same period last year [37] - Cash at the end of Q1 was $56.6 million, an increase of $9.7 million from the previous quarter [6] Business Line Data and Key Metrics Changes - The company is focusing on generative AI training data, expanding capabilities in diverse expert domains and languages [7][8] - Significant traction with both existing and potential new customers, including major tech companies and a global healthcare leader [9][10][11] - Expansion opportunities identified with existing customers, with potential bookings exceeding $25 million from one major tech customer [12][16] Market Data and Key Metrics Changes - The company is experiencing strong demand from large tech companies, with significant investments in AI infrastructure from competitors like Microsoft and Meta [30][31] - The competitive landscape is characterized by a focus on generative AI, with major players committing substantial resources to AI development [29][30] Company Strategy and Development Direction - The company aims to embrace growth from both a broadening customer base and its largest customer, focusing on long-term relationships and strategic investments [32][34] - Plans to reinvest a significant portion of operating cash flow into product innovation and market expansion while maintaining adjusted EBITDA above 2024 results [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current momentum and growth potential, highlighting a robust pipeline and expanding customer relationships [70][72] - The company reaffirmed its full-year revenue growth guidance of 40% or greater, despite potential quarter-to-quarter volatility [31][34] Other Important Information - The company has not drawn on its $30 million credit facility, indicating strong cash management [38] - Investments are planned to support new initiatives and customer needs, with a focus on technology and strategic hiring [39] Q&A Session Summary Question: Can you elaborate on the statement of work with your largest customer? - The new statement of work will allow the company to support a different division of the customer's generative AI spend, with expectations of a significantly higher budget [42][43] Question: How should we interpret the sequential revenue changes from this customer? - The company indicated that while Q1 revenue was up, Q2 may see a 5% decrease, but the new statement of work represents additional revenue potential [44][45] Question: What is the win rate for new opportunities? - The company noted that while win rates are hard to track, they have a high success rate in converting pilot projects into larger engagements [46][47] Question: Why maintain a 40% growth guidance despite new opportunities? - The company aims to be conservative in its guidance, acknowledging the dynamic nature of customer demand and the time it may take to convert new relationships into revenue [65][66]