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Flux Joins NVIDIA Inception Program

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HANOVER, Pa., Jan. 28, 2022 (GLOBE NEWSWIRE) — Zel Technologies Inc. announces that Flux, a powerful ecosystem of developer tools and decentralized infrastructure for Web 3.0, is collaborating with NVIDIA to bring Web3 to the next level. Flux was created with the very purpose of innovating blockchain technology and developing the foundational technology, infrastructure, and tools for Web3. Web3 is an evolved decentralized internet that empowers users and delivers a whole new experience by leveraging technological breakthroughs such as blockchain, artificial intelligence, edge computing, and machine learning. So, in the spirit of innovation, Flux is collaborating with NVIDIA to share technology and ideas to build a better internet for everyone.

Flux Becomes an NVIDIA Inception Partner

NVIDIA Inception is a program designed to help technology startups evolve faster through access to cutting-edge NVIDIA technology and experts, networking events, and co-marketing support. Flux has joined NVIDIA Inception as a partner and plans to use its support in developing the decentralized infrastructure needed to power Web3. 

Flux already utilizes NVIDIA technology in the Flux computational network with NVIDIA Jetson edge AI platform modules operating as nodes on the Flux network. This collaboration will help Flux explore many more use cases for NVIDIA’s groundbreaking technology in combination with the powerful decentralized Flux network.

In addition, Flux will be able to access the vast expertise of NVIDIA’s top engineers and developers to help further innovate and build the Flux technology. Flux will also have access to support through NVIDIA Inception to increase its visibility and reach.

Flux, the Computational Network That Runs Web 3.0

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Flux is an entire ecosystem tailor-built to provide developers with the necessary tools and infrastructure they need to build and host decentralized applications on Web3. It operates a robust decentralized computational network of more than 2700+ nodes and leverages blockchain technology to create a truly decentralized infrastructure for Web 3.

Flux is unique in the blockchain space as it is a fully operational multi-functional platform with a wide range of utilities rather than a ‘single use-case’ project. The demand for Web3 infrastructure is ramping up, and Flux is ready to deliver. The Flux network is capable of scaling to meet the growing demand and is positioned to play a central part in building a more decentralized internet.

Flux has a passion for innovation and will not shy away from solving the shortcomings of current technology.

Flux has already delivered on building a one-of-a-kind cross-blockchain bridge called Fusion. Fusion, an application in the self-custodial Zelcore wallet makes it possible to move assets between supported blockchains in a simple, secure, and fast way.

Flux is also actively developing ‘Proof of Useful Work’ (PoUW), a solution to the environmental concerns plaguing Proof of Work mining in the blockchain. Instead of blockchain mining being wasteful, Flux will implement new mining algorithms and methods that will utilize the GPU hashing power to solve real-world problems, such as rendering, deep fake detection, or training machine learning.

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“Every day, I wake up with a smile because I get to be a part of building something that will make a positive impact on the world – Web3, powered by the Flux network,” commented Flux co-founder Daniel Keller. “A new exciting technology that will enable a better Internet, empower users by reclaiming their private data, and further decentralization by transferring stewardship of internet infrastructure from centralized actors to people like you and me. I’m thrilled that we can collaborate with NVIDIA, so we can innovate faster and share ideas. As a seasoned blockchain miner, I have an extraordinary relationship with NVIDIA and its technology. They have some of the best techs, and now we can leverage that to reach more ambitious goals than we thought possible just a year ago. Building Web3 is an effort to advance technology for the benefit of all. So we will celebrate a partnership with anyone who shares our dream and passion for Web3, decentralization, and technology. So join the Web3 revolution and I guarantee that you will wake up smiling too.”

About the Flux Ecosystem

Flux is an entire ecosystem devoted to empowering the people of the internet to develop, deploy and use the decentralized internet of the future, Web 3.0.

At this moment, the Flux ecosystem consists of A native, minable POW cryptocurrency ($FLUX), a robust decentralized computational network (FluxNodes), a Linux-based operating system (FluxOS), and the premier digital asset platform (Zelcore).

Currently, Flux has a computational network consisting of around 2700+ decentralized nodes globally with more than 12,300 CPU cores, 38 terabytes of RAM, and 900 terabytes of storage. The network is fully operational with over 4500+ applications currently on the network and continues to deploy decentralized apps and develop active partnerships with blockchain projects, businesses, and app developers.

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Flux is and will always be an independent, community-driven, and open-source project. Feel free to drop by the Flux discord to meet the Flux team and community. And also make sure to visit the official Flux website hosted on the Flux decentralized network.

Contact Information: Daniel Keller, info@zelnetwork

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Artificial Intelligence

ZTE highlights building solid foundations with full-stack intelligent computing solution at MWC Shanghai 2024

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SHANGHAI, June 26, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, will present innovative solutions and success cases in connectivity, computing power, industrial digitalization, and terminal devices at MWC Shanghai 2024, committed to building solid foundations with its full-stack and full-scenario intelligent computing solution.

In addition to exhibitions, ZTE will participate in various forums, sharing insights on trending topics, including AI, 5G, digitalization, etc. Meanwhile, the company will be hosting a series of launch events, showcasing its AI-powered eyewear-free 3D products and the Nebula Telecom Large Model.
Adhering to its “connectivity + computing” strategy, ZTE aims to create a dynamic ecosystem with industry partners, emphasizing openness and decoupling. Through continuous innovation, ZTE seeks to unfold an intelligent future.
Computing Power: Full-Stack Intelligent Computing as Efficient Foundation
ZTE provides a full-stack and full-scenario intelligent computing solution involving computing power, networks, capabilities, intelligence, and applications. With a full series of servers, high-performance storage products, lossless networks, and green data centers, ZTE has created a robust engine for diverse intelligent computing centers.
Connectivity: A New Era of 10Gbps Experience
Together with industry partners, ZTE continues to explore innovations in 5G-A technologies across different scenarios and industries, and empowers diversified new B2B and B2C services based on 10Gbps+ experience. Meanwhile, ZTE is also leading in global OTN technologies, and actively driving the evolution of all-optical connectivity, building 10Gbps networks for cities, and empowering smart life based on intelligent computing.
Industry: Phygital Convergence for Innovative Development
ZTE proposes the solution of “intelligent computing infrastructure + Digital Nebula,” facilitating phygital innovation and boost productivity in the intelligent era. ZTE has developed hundreds of exemplary projects in key sectors and ZTE Digital Nebula 3.0 has become the “super brain” of industrial digitalization, enabling customers and industry partners to foster a sustainable and intelligent ecosystem.
ZTE Mobile Devices: AI Full-Scenario Intelligent Ecosystem 3.0
With “AI for All” product strategy, ZTE has launched a full range of AI devices, including smartphones, tablets, laptops, PCs, and mobile internet products, dedicated to building AI Full-Scenario Intelligent Ecosystem 3.0. Emerging as a pioneer in cloud PCs, ZTE possesses a global user base of over 3 million.
For more information about ZTE’s highlights at MWC Shanghai 2024, please visit: https://www.zte.com.cn/global/about/news/zte-highlights-building-solid-foundations-with-full-stack-intelligent-computing-solution-at-mwc-shanghai-2024.html
MEDIA INQUIRIES:
Email: [email protected]

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Artificial Intelligence

Comviva named a Visionary in the 2024 Gartner® Magic Quadrant™ for AI in CSP Customer and Business Operations Report

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NEW DELHI, June 26, 2024 /PRNewswire/ — Comviva, the global leader in customer experience and data monetization solutions, today announced that it has been named a Visionary in the 2024 Gartner Magic Quadrant for AI in CSPs Customer and Business Operations report.

Gartner defines the market of AI in communications service provider (CSP) customer and business operations as commercial off-the-shelf (COTS) products. They are either capabilities embedded in CSP-specific operational technology (OT) applications (such as channels, CRM and other business support system [BSS] applications) or industry-agnostic horizontal applications delivering AI/machine learning (ML)-based customer and business operations to CSPs. CSP customer and business operations refer to marketing, sales, customer acquisition, customer journey, billing and revenue management, revenue assurance, and related risk management. The scope of AI products covers data readiness, life cycle management of algorithms and their application to CSP customer and business operations.
Comviva’s vision is to revolutionize the telecommunications industry by harnessing the transformative power of AI and Generative AI. With AI use cases across its MobiLytix™ and BlueMarble solutions, Comviva is enabling businesses to create, manage, and deliver real-time personalization, contextualized customer experiences, and intelligence-driven commerce at scale. Comviva has been noted for its strength in content creation, natural language generation, decision intelligence and machine learning.
“To thrive in today’s digital economy, businesses must accelerate the adoption of AI and related digital technologies. Comviva’s greatest strength has been our intelligent platforms that deliver personalized experiences and engagement across the customer journey,” said Rajesh Chandiramani, CEO at Comviva. “We are excited by this recognition as we believe that this affirms our strategic direction and leadership in revolutionizing telecommunications with AI. Comviva’s strong position in the quadrant validates our commitment and progress toward leveraging next-gen technologies in our solutions to deliver exceptional customer experiences.”
Comviva integrates state-of-the-art AI technologies across its comprehensive product portfolio, driving innovation, enhancing customer experiences, and optimizing business operations for Communications Service Providers (CSPs) around the world.
Source: Gartner Magic Quadrant for AI in CSP Customer and Business Operations, by Pulkit Pandey, Amresh Nandan, Peter Liu, 4 June 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
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Sundeep Mehta, +91()9910030732, [email protected] 
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Artificial Intelligence

Jacobi releases Model Portfolio Tech to help investment firms capitalise on booming opportunity

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The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market.
LONDON, June 26, 2024 /PRNewswire/ — The utilisation of model portfolios among financial advisers has emerged as a transformative force, with staggering growth in model portfolios projected to continue over the next decade. And with good reason, they offer an efficient method for diversification, risk management, and portfolio construction, with personalisation features to match the unique financial goals and risk tolerances of clients.

Financial advisers are also increasingly turning to asset managers for assistance in managing the model portfolios they build and maintain for clients. Jacobi’s model management technology enables asset managers to scale the portfolio construction services they offer financial professionals. The technology enables a platform that can centralise performance and risk analytics, integrate investment workflows, and produce professional reports to share with clients.
An early adopter of Jacobi’s model technology, leading asset manager T. Rowe Price has seen improved process efficiencies and enhanced engagement with clients.
Chris Augelli, Head of Advisor Engagement & Portfolio Construction Solutions at T. Rowe Price, says:
“Jacobi’s technology has enabled us to work faster and handle the increasing demand for our portfolio construction services. Having the team on one common platform through Jacobi has facilitated collaboration in real-time, which has supported our effectiveness in meeting clients’ needs.”
Tanya Bartolini, Chief Revenue Officer at Jacobi, says:
“Our technology helps us partner with asset managers such as T.Rowe Price to scale and connect workflows, driving enormous efficiencies – and ultimately increasing their market distribution.”
About Jacobi
Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics, and applications.
Founded in 2014, Jacobi provides its technology to top-tier investors across the globe, including some of the world’s leading asset and wealth managers, pension funds, asset owners, and investment consultants. 
About T.Rowe Price 
Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, and it serves millions of clients globally.
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