Artificial Intelligence
Kubient Reports Fourth Quarter and Full Year 2022 Results
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NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) — Kubient, Inc. (NasdaqCM: KBNT, KBNTW) (“Kubient” or the “Company”), a cloud-based software platform for digital advertising, today reported financial results for the fourth quarter and full year ended December 31, 2022.
Fourth Quarter 2022 and Recent Operational Highlights
- Released KAI 2.0, the latest update to its proprietary ad fraud identification and prevention technology including improvements such as: expanded real-time AI with 25 algorithms running in under 10 milliseconds and built-in efficiencies to significantly expand the number and complexity of algorithms in the future; full support for the much larger scale IPv6 protocol (to add to the existing IPv4 support); enhanced support for new CTV and audio formats; and more.
- Announced that the United States Patent and Trademark Office (“USPTO”) had issued its patent for the Company’s proprietary ad fraud identification and prevention technology, KAI.
- Launched the KAI Dashboard, a reporting and optimization platform that helps media publishers and platforms better understand and manage inventory health.
Management Commentary
“This past year, we transformed Kubient into an efficient and well-balanced technology organization with an emphasis on improving KAI, our proprietary ad fraud identification and prevention solution,” said Paul Roberts, CEO and founder of Kubient. “With the milestone of receiving the KAI patent, along with the recent development and release of KAI 2.0, Kubient has placed itself in a unique position of owning and operating one of the more dynamic technologies in the ad-tech industry. In parallel with executing our core business, we continue to search for ways to be opportunistic and ultimately gain scale through inorganic growth methods. With a sturdy balance sheet, an efficient workforce and robust technology, we look forward to taking full advantage of the initiatives put in place during this past year for Kubient’s success in 2023.”
Full Year 2022 Financial Results
Net revenues for the full year of 2022 were approximately $2.4 million compared to approximately $2.7 million in the same period last year. The decrease in total net revenues was primarily associated with a decrease of net revenues associated with a major customer as compared to the 2021 period, partially offset by revenues generated in the 2022 period related to customer contracts acquired in connection with the acquisition of MediaCrossing in November 2021.
Technology expenses increased to approximately $3.2 million from approximately $3.1 million in the same period last year. The increase was primarily attributable to initial increases in headcount costs in early 2022, stock-based compensation expenses, cloud hosting expenses, partially offset by decreases in technology programming fees, amortization expenses, consulting fees, software subscriptions and travel and entertainment expenses.
General and administrative expenses increased to approximately $6.6 million compared to approximately $6.1 million in the same period last year. The increase was primarily attributable to increases in legal and professional fees, stock-based compensation expenses, rent expenses, board fees, dues and memberships fees, state income tax expenses, travel and entertainment expenses, software subscriptions, partially offset by decreases in recruiting fees, consulting fees, insurance expenses, office related expenses, bad debt expenses and headcount costs.
GAAP net loss attributable to common shareholders was approximately $13.6 million, or $(0.95) loss per basic and diluted share, compared to a net loss of approximately $10.3 million, or $(0.75) loss per basic and diluted share, in the same period last year.
Adjusted EBITDA loss, a non-GAAP measure, was approximately $12.9 million, or $(0.90) per basic and diluted share for the full year ended December 31, 2022, compared to an adjusted EBITDA loss of approximately $9.2 million, or $(0.67) per basic and diluted share, in the same period last year.
As of December 31, 2022, the Company had a cash balance of approximately $14.7 million.
Conference Call
Kubient will hold a conference call today at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss these results.
Kubient management will host the conference call, followed by a question and answer period.
Date: Wednesday, March 29, 2023
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 1-888-506-0062
International dial-in: 1-973-528-0011
Participant Access Code: 193168
Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.
The conference call will be broadcast live and available for replay here and via the Investor Relations section of Kubient’s website.
A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through April 12, 2023.
Toll-free replay number: 1-877-481-4010
International replay number: 1-919-882-2331
Replay ID: 47758
About Kubient
Kubient is a technology company with a mission to transform the digital advertising industry to audience-based marketing. Kubient’s next generation cloud-based infrastructure enables efficient marketplace liquidity for buyers and sellers of digital advertising. The Kubient Audience Marketplace is a flexible open marketplace for advertisers and publishers to reach, monetize and connect their audiences. The Company’s platform provides a transparent programmatic environment with proprietary artificial intelligence-powered pre-bid ad fraud prevention, and proprietary real-time bidding (RTB) marketplace automation for the digital out of home industry. The Audience Marketplace is the solution for brands and publishers that demand transparency and the ability to reach audiences across all channels and ad formats. For additional information, please visit https://kubient.com.
Forward-Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
Non-GAAP Measures
The Company defines EBITDA as net income (loss) before interest (including non-cash interest), taxes and depreciation and amortization. The Company defines Adjusted EBITDA as EBITDA, further adjusted to eliminate the impact of certain non-recurring items and other items that we do not consider in our evaluation of our ongoing operating performance from period to period. These items will include stock-based compensation that the Company does not believe reflects the underlying business performance.
EBITDA and Adjusted EBITDA are financial measures that are not calculated in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Management believes that because Adjusted EBITDA excludes (a) certain non-cash expenses (such as depreciation, amortization and stock-based compensation) and (b) expenses that are not reflective of the Company’s core operating results over time (such as stock based compensation expense), this measure provides investors with additional useful information to measure the Company’s financial performance, particularly with respect to changes in performance from period to period. The Company’s management uses EBITDA and Adjusted EBITDA (a) as a measure of operating performance, (b) for planning and forecasting in future periods, and (c) in communications with the Company’s board of directors concerning the Company’s financial performance. The Company’s presentation of EBITDA and Adjusted EBITDA are not necessarily comparable to other similarly titled captions of other companies due to different methods of calculation and should not be used by investors as a substitute or alternative to net income or any measure of financial performance calculated and presented in accordance with U.S. GAAP. Instead, management believes EBITDA and Adjusted EBITDA should be used to supplement the Company’s financial measures derived in accordance with U.S. GAAP to provide a more complete understanding of the trends affecting the business.
Although Adjusted EBITDA is frequently used by investors and securities analysts in their evaluations of companies, Adjusted EBITDA has limitations as an analytical tool, and investors should not consider it in isolation or as a substitute for, or more meaningful than, amounts determined in accordance with U.S. GAAP. Some of the limitations to using non-GAAP measures as an analytical tool are (a) they do not reflect the Company’s interest income and expense, or the requirements necessary to service interest or principal payments on the Company’s debt, (b) they do not reflect future requirements for capital expenditures or contractual commitments, and (c) although depreciation and amortization charges are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and non-GAAP measures do not reflect any cash requirements for such replacements.
Kubient Investor Relations
Gateway Investor Relations
Matt Glover and John Yi
T: 1-949-574-3860
[email protected]
Kubient, Inc.
Consolidated Statements of Operations
(Unaudited)
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2022 | 2021 | |||||||
| Net Revenues | $ | 2,403,408 | $ | 2,737,767 | ||||
| Costs and Expenses: | ||||||||
| Sales and marketing | 3,779,509 | 3,032,133 | ||||||
| Technology | 3,177,497 | 3,079,752 | ||||||
| General and administrative | 6,558,052 | 6,117,601 | ||||||
| Loss on legal settlement | – | 880,381 | ||||||
| Impairment loss on intangible assets | 2,626,974 | – | ||||||
| Impairment loss on property and equipment | 49,948 | – | ||||||
| Impairment loss on goodwill | 463,000 | – | ||||||
| Total Costs and Expenses | 16,654,980 | 13,109,867 | ||||||
| Loss From Operations | (14,251,572 | ) | (10,372,100 | ) | ||||
| Other (Expense) Income: | ||||||||
| Interest expense | (10,909 | ) | (8,383 | ) | ||||
| Interest income | 18,597 | 88,537 | ||||||
| Change in fair value of contingent consideration | 613,000 | – | ||||||
| Other income | 11,000 | 233 | ||||||
| Total Other Income | 631,688 | 80,387 | ||||||
| Net Loss | $ | (13,619,884 | ) | $ | (10,291,713 | ) | ||
| Net Loss Per Share – Basic and Diluted | $ | (0.95 | ) | $ | (0.75 | ) | ||
| Weighted Average Common Shares Outstanding – | ||||||||
| Basic and Diluted | 14,319,060 | 13,695,700 | ||||||
Kubient, Inc.
Consolidated Balance Sheets
(Unaudited)
| December 31, | |||||||
| 2022 | 2021 | ||||||
| Assets | |||||||
| Current Assets: | |||||||
| Cash and cash equivalents | $ | 14,739,484 | $ | 24,907,963 | |||
| Accounts receivable, net | 135,658 | 2,291,533 | |||||
| Other receivables | – | 526,070 | |||||
| Prepaid expenses and other current assets | 346,935 | 495,178 | |||||
| Total Current Assets | 15,222,077 | 28,220,744 | |||||
| Intangible assets, net | – | 2,946,610 | |||||
| Goodwill | – | 463,000 | |||||
| Property and equipment, net | – | 44,756 | |||||
| Deferred financing costs | 10,000 | 10,000 | |||||
| Total Assets | $ | 15,232,077 | $ | 31,685,110 | |||
| Liabilities and Stockholders’ Equity | |||||||
| Current Liabilities: | |||||||
| Accounts payable – suppliers | $ | 673,781 | $ | 1,844,544 | |||
| Accounts payable – trade | 816,190 | 659,362 | |||||
| Accrued expenses and other current liabilities | 830,365 | 2,493,287 | |||||
| Deferred revenue | 28,403 | 395,914 | |||||
| Current portion of notes payable | – | 151,336 | |||||
| Total Current Liabilities | 2,348,739 | 5,544,443 | |||||
| Contingent consideration | – | 613,000 | |||||
| Notes payable, non-current portion | 78,900 | 77,407 | |||||
| Total Liabilities | 2,427,639 | 6,234,850 | |||||
| Stockholders’ Equity: | |||||||
| Preferred stock, $0.00001 par value; 5,000,000 shares authorized; | |||||||
| No shares issued and outstanding | |||||||
| as of December 31, 2022 and 2021 | – | – | |||||
| Common stock, $0.00001 par value; 95,000,000 shares authorized; | |||||||
| 14,456,035 and 14,253,948 shares issued and outstanding | |||||||
| as of December 31, 2022 and 2021, respectively | 145 | 143 | |||||
| Additional paid-in capital | 53,004,967 | 52,030,907 | |||||
| Accumulated deficit | (40,200,674 | ) | (26,580,790 | ) | |||
| Total Stockholders’ Equity | 12,804,438 | 25,450,260 | |||||
| Total Liabilities and Stockholders’ Equity | $ | 15,232,077 | $ | 31,685,110 | |||
Kubient, Inc.
Consolidated Statements of Cash Flows
(Unaudited)
| For the Years Ended | ||||||||
| December 31, | ||||||||
| 2022 | 2021 | |||||||
| Cash Flows From Operating Activities: | ||||||||
| Net loss | $ | (13,619,884 | ) | $ | (10,291,713 | ) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
| Bad debt expense | 7,000 | 22,698 | ||||||
| Impairment loss on intangible assets | 2,626,974 | – | ||||||
| Impairment loss on property and equipment | 49,948 | – | ||||||
| Impairment loss on goodwill | 463,000 | – | ||||||
| Depreciation and amortization | 330,993 | 452,136 | ||||||
| Change in fair value of contingent consideration | (613,000 | ) | – | |||||
| Stock-based compensation: | ||||||||
| Common stock | 982,647 | 700,652 | ||||||
| Options | 8,840 | 23,390 | ||||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 2,148,875 | (940,477 | ) | |||||
| Other receivable | 507,387 | 3,955 | ||||||
| Prepaid expenses and other current assets | 506,109 | 73,491 | ||||||
| Accounts payable – suppliers | (1,170,763 | ) | 1,508,516 | |||||
| Accounts payable – trade | 156,828 | (447,242 | ) | |||||
| Accrued expenses and other current liabilities | (1,617,375 | ) | 1,467,306 | |||||
| Deferred revenue | (367,511 | ) | (247,504 | ) | ||||
| Net Cash Used In Operating Activities | (9,599,932 | ) | (7,674,792 | ) | ||||
| Cash Flows From Investing Activities: | ||||||||
| Purchase of intangible assets | – | (1,133,072 | ) | |||||
| Purchase consideration of MediaCrossing | – | (500,000 | ) | |||||
| Purchase of property and equipment | (16,549 | ) | (39,414 | ) | ||||
| Net Cash Used In Investing Activities | (16,549 | ) | (1,672,486 | ) | ||||
| Cash Flows From Financing Activities: | ||||||||
| Proceeds from exercise of warrants [1] | – | 9,787,149 | ||||||
| Proceeds from exercise of options | – | 8,361 | ||||||
| Repayment of PPP loan | (149,843 | ) | (177,347 | ) | ||||
| Repayment of financed director and officer insurance premiums | (402,155 | ) | (145,050 | ) | ||||
| Net Cash (Used In) Provided By Financing Activities | (551,998 | ) | 9,473,113 | |||||
| Net (Decrease) Increase In Cash and Cash Equivalents | (10,168,479 | ) | 125,835 | |||||
| Cash and Cash Equivalents – Beginning of the Period | 24,907,963 | 24,782,128 | ||||||
| Cash and Cash Equivalents – End of the Period | $ | 14,739,484 | $ | 24,907,963 | ||||
| [1] Includes gross proceeds of $10,169,027, less issuance costs of $381,878. | ||||||||
Kubient, Inc.
Reconciliation of GAAP EBITDA to Non-GAAP Adjusted EBITDA
(Unaudited)
| For the Years Ended | |||||||
| December 31, | |||||||
| 2022 | 2021 | ||||||
| Net Loss | $ | (13,619,884 | ) | $ | (10,291,713 | ) | |
| Interest expense | 10,909 | 8,383 | |||||
| Interest income | (18,597 | ) | (88,537 | ) | |||
| Change in fair value of contingent consideration | (613,000 | ) | |||||
| Depreciation and amortization | 330,993 | 452,136 | |||||
| EBITDA | (13,909,579 | ) | (9,919,731 | ) | |||
| Adjustments: | |||||||
| Stock-based compensation expense | 991,487 | 724,042 | |||||
| Adjusted EBITDA | $ | (12,918,092 | ) | $ | (9,195,689 | ) | |
| Adjusted Loss Per Share | $ | (0.90 | ) | $ | (0.67 | ) | |
| Weighted Average Common Shares Outstanding – | |||||||
| Basic and Diluted | 14,319,060 | 13,695,700 | |||||
Artificial Intelligence
Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product
TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families.
Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks. Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.Password Manager: Creates and manages strong passwords and assists with their use.Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems. The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected]
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ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.
The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity. The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities. To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress. The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”). With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region. Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy
View original content:https://www.prnewswire.co.uk/news-releases/amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct-302150677.html
TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.
The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
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View original content:https://www.prnewswire.co.uk/news-releases/geekom-a8-ai-pc-is-now-available-for-799-and-up-302148964.html
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