Author: OurCrowd

[Air EV in Startup News] AIR unveils unmanned ‘AIR ONE Cargo’ eVTOL for logistics market, securing exponential revenue growth

AIR, a leading OEM of midsize eVTOLs, today announced its expansion into the cargo and logistics market with its new, unmanned AIR ONE Cargo eVTOL. In the last year, while maintaining its role at the forefront of the high-volume general aviation market, the company has secured multiple deals to supply the unmanned version of its flagship eVTOL aircraft, AIR ONE, for cargo purposes. Concluding 2023 with over $1 million in revenue, the additional purchase orders have significantly boosted the company’s revenue projections for 2024 and 2025. Having already successfully delivered the first cargo aircraft, AIR is set to continue fulfilling the purchase orders for the remaining AIR ONE Cargo units throughout 2024 and the first half of 2025. Read...

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[NeuReality in Startup News] NeuReality’s new performance results Pave the way to solve the world’s growing AI energy and cost crisis

NeuReality, a leader in AI technology, has announced remarkable performance results from its commercially available NR1-S™ AI Inference Appliance, which significantly cuts costs and energy use in AI data centers, offering a much-needed solution to the growing concerns over AI’s high expenses and energy consumption. As governments, environmental organizations, and businesses raise alarms over AI’s unsustainable power consumption and exorbitant costs, NeuReality’s breakthrough comes at a critical time with the explosive growth of generative AI. The NR1-S solution provides a responsible and affordable option for the 65% of global and 75% of U.S. businesses and governments struggling to adopt AI today. Read...

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[Swiftly in PR Newswire] Quad and Swiftly partner to advance digital in-store retail media network

SUSSEX, Wis. and MILLBRAE, Calif., June 18, 2024 /PRNewswire/ — Quad/Graphics, Inc. (NYSE: QUAD), a global marketing experience company, has partnered with Swiftly, a leading retail technology and media company, to distribute engaging brand content on In-Store Connect by Quad, an in-store retail media network (RMN). The collaboration supports Quad’s ongoing focus to advance the in-store shopping experience by leveraging Swiftly’s industry-leading platform to bring the best elements of digital commerce into physical store environments. Read more...

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[IQM in IQM] Germany launches its first hybrid quantum computer at Leibniz Supercomputing Centre

Munich, Germany, 18th June 2024 – In collaboration with the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences and Humanities, the Q-Exa consortium, led by IQM Quantum Computers (IQM), a global leader in building quantum computers, and including Eviden and HQS Quantum Simulation, has integrated a 20-qubit quantum computer into a supercomputer, SuperMUC-NG in Germany. Read...

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