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India’s First FinTech Startup Simplifying Provident Fund Challenges for India’s workforce

January 9, 2025

Launched in October 2023, FinRight Technologies, a Mumbai-based fintech startup founded by CRED and Amazon professionals, addresses personal finance challenges uniquely. With a vision to address some of the most challenging pain points in personal finance, FinRight has chosen Employee Provident Fund (EPF) as its first major focus area as accessing this retirement corpus has become increasingly complicated.

In FY23, over 5.21 crore PF withdrawal and transfer claims were filed, but a staggering 25.8% of them–around 1.34 crore of PF claims–were rejected. For final PF withdrawal claims, the PF claim rejection rate hit a five-year high of 34%. These numbers reveal the deep-rooted challenges employees face when dealing with their Provident Fund claims, making it one of the biggest financial hurdles in India today.

Since its launch in 2023, FinRight has assisted over 5,000 customers on their PF withdrawals and online PF claims, offering a unique combination of tech-driven and human support around intricate rules and processes to provide personalised guidance and assistance. Individuals seeking to withdraw their EPF or resolve issues with EPF transfers can now turn to FinRight for seamless support. By visiting www.finright.in, users can access expert assistance powered by FinRight’s cutting-edge platform. The fintech startup ensures that EPF withdrawal requests initiated through its platform receive dedicated attention, significantly reducing the risk of rejection and simplifying the process for India’s workforce.

“Most people find understanding rules & processes around PF transfers and PF withdrawals daunting. The market is crowded with unorganized PF agents and PF consultants who lack expertise, provide inconsistent service, and often charge exorbitant fees. We saw an opportunity to deliver professional, transparent, and affordable solutions to simplify Provident Fund claims for everyone. Our goal is to empower individuals to access their money without stress or delays” said Amey Kanekar, Co-founder of Finright Technologies Pvt. Ltd.

FinRight is gearing up to introduce digital automation to tackle EPF issues seamlessly by integrating EPFO APIs and employing AI, the founder revealed. “8/10 people discover problems with their EPF only when they need funds, and that’s a challenge we aim to address head-on,” he said. As part of this initiative, FinRight will soon launch a “Get Your EPF Reviewed” online service, empowering users to identify discrepancies instantly in their EPF accounts with just a few clicks.

FinRight’s impact is best demonstrated through the experiences of its customers, who have successfully navigated complex online PF withdrawals issues with the platform’s help:

* Vikas K., Tech Professional in Delhi: “After leaving a tech company where I worked for eight years, I struggled to withdraw my Rs37 lakh EPF due to a mismatch in my father’s name and errors from a subsidiary transfer. My claims were rejected 16 times. FinRight stepped in with a joint declaration and rigorous follow-ups with EPFO, resolving the discrepancies and enabling a successful PF withdrawal within a month. Their expertise in handling Provident Fund withdrawal was a huge relief.”

* Ganesh R., Healthcare Professional in Chennai: “After 20 years across 3 organizations, my online PF withdrawal claim was rejected, citing ‘insufficient service.’ This PF claim rejection occurred because the employer had failed to correctly update my service. Despite seeking help from multiple PF consultants and PF agents, the issue persisted. That’s when FinRight came to my rescue. They helped me navigate the complex process between employers & EPFO, ensuring my service records were updated. This enabled me to access Rs75 lakhs of my PF balance”.

Angel Funding:

FinRight, driven by its mission to simplify personal finance challenges, has secured seed funding from investors. The startup aims to broaden its offerings to tackle additional personal finance pain points, including insurance claims, taxation, and estate planning. Simultaneously, it plans to scale its operations to major Indian cities, reinforcing its position as a trusted leader in financial assistance and provident fund services.

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Technology

AI-Powered WhatsApp Bot to Simplify Solar Consultations by Bigwit Energy

December 20, 2024

The new WhatsApp bot from Bigwit Energy streamlines the solar consultation process, offering personalized guidance, detailed proposals, and easy scheduling for site visits.

Bigwit Energy Pvt. Ltd., a trailblazer in solar energy solutions, has unveiled its latest innovation: an AI-powered WhatsApp bot designed to streamline the solar consultation process. This revolutionary tool offers personalized guidance, detailed proposals, and seamless scheduling for site visits, making solar energy adoption more accessible than ever.

The WhatsApp bot is a one-stop solution for customers exploring solar energy options. It addresses queries about solar power systems, explains the benefits of solar installations, and provides tailored advice on system configurations. By leveraging AI, the bot ensures precise, personalized and unbiased interactions, catering to the unique requirements of every user.

Key Features of the WhatsApp Bot:

  • Instant Guidance: Customers can ask questions such as:
    • “What solar plant size is suitable for my home?”
    • “What’s the difference between an off-grid and hybrid system?”
    • “Which system matches my energy needs?”
  • Custom Proposals: After analyzing customer inputs, the bot generates a comprehensive proposal detailing the recommended solar plant size, estimated energy savings, and potential return on investment.
  • Easy Scheduling: Customers can book site visits directly through the bot, allowing Bigwit Energy’s technical experts to assess locations for optimal solar installations.

How to Access the Bot: To connect with the solar bot, customers can send a WhatsApp message to +91 9325449627 or click here to start a chat. The platform offers quick, accurate responses and personalized recommendations, making the transition to solar energy simple and stress-free.

Bigwit Energy is enhancing the bot with additional capabilities, including a quotation comparison tool. Soon, customers will be able to upload multiple vendor quotations to receive an “apple-to-apple” comparison. This feature will provide unbiased insights, simplifying decision-making and ensuring customers choose the best value solution.

Future Developments: The company is also developing a support bot integrated with online inverters. This tool will assist customers in diagnosing technical issues, optimizing solar plant performance, and scheduling maintenance. Whether addressing system errors or maximizing power output, the support bot will act as a 24/7 virtual assistant for post-installation support.

“Our mission is to make solar energy accessible and hassle-free for everyone,” said Subodh Mahajan, Founder of Bigwit Energy Pvt. Ltd. “This WhatsApp bot represents a significant step forward in delivering transparency and efficiency, from consultation to installation. It embodies our commitment to customer empowerment and sustainable energy solutions.”

By automating and optimizing the consultation process, Bigwit Energy reinforces its position as a leader in innovative solar solutions. The WhatsApp bot not only saves time but also empowers customers to make informed decisions, paving the way for a greener, more sustainable future.

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Technology

ProAce and Star Navigation Systems Launch ProAce Star India, Revolutionizing Aviation and Railway Safety in India

December 6, 2024

New Delhi [India], December 5: In a groundbreaking collaboration, ProAce Business Solutions Inc. and Star Navigation Systems Group Ltd. have announced the launch of ProAce Star India Private Limited. This joint venture aims to transform India’s aviation and railway sectors by enhancing safety and operational efficiency through state-of-the-art technology.

The initiative introduces the In-Flight Safety Monitoring System (ISMS), featuring a proprietary Identical Twin System and real-time monitoring capabilities, seamlessly integrated with Artificial Intelligence (AI) and Augmented Reality (AR). These advancements are tailored to meet the unique demands of the Indian aviation market while aligning with the country’s “Make in India” initiative.

Cutting-Edge Technology for Enhanced Safety

Star Navigation, a global leader in real-time monitoring technology, has revolutionized aviation with its innovative systems. Their patented technology relays data seamlessly from aircraft to satellite and then to customer ground stations, powered by an advanced graphical user interface integrating AI and AR. Dubbed the “identical twin” by Star, the system provides unprecedented real-time analytics and insights.

ProAce Business Solutions Inc., renowned for its success in introducing high-impact technologies to global markets, brings its strategic expertise to help Star Navigation penetrate the Indian market. Together, the two companies have joined forces under ProAce Star India to implement these advanced solutions, enhancing aviation safety and efficiency across the country.

Driving Profits and Efficiency in Aviation

ProAce Star India is set to deliver transformative benefits across the aviation sector:

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Technology

TalentGenius Launches TalentAgent in India: AI-Powered Career Success Platform for Tech Professionals

November 19, 2024

Thousands of New India-based Tech Opportunities Available.  

San Francisco, CA – November 19, 2024 — TalentGenius, the leading career management and job search platform for tech professionals, announces the expansion of its job listings to include India. The platform now offers tens of thousands of career opportunities specifically for the country’s tech professionals, with a focus on global system integrators (GSIs) and global capability centers (GCCs). 

The TalentGenius TalentAgent™ tool goes beyond traditional job search filters by AI-powering users to find precisely the jobs they’re looking for with unmatched accuracy. By analysing user preferences, skills, and career goals, TalentAgent presents perfectly tailored matches, making the process of finding the right job faster and easier. 

“We’re excited to bring our career success platform to Indian technology professionals with this significant expansion,” said Malcolm Frank, CEO of TalentGenius. “Our mission is to empower our users to thrive in the AI economy. TalentAgent puts the power of AI on the side of talent, giving job seekers greater control and precision by cutting through irrelevant listings and delivering top-quality matches that align perfectly with their skills and ambitions.”

As part of this commitment, TalentGenius offers several advanced tools to equip tech professionals in India with powerful, career-advancing insights:

  • AIX – AI Exposure Score: A personalized AI Exposure Score helps users understand how AI is shaping their current role and influencing their career path. This tool empowers professionals to take a proactive approach to their AI-readiness.
  • Skills Analysis: Allows users to analyse their existing skills against their peers, and gives a quick snapshot of which skills are in demand and which ones are less competitive. From here users can build a plan to increase their marketability and earning potential. 
  • AI Tools Recommendations – Using individual profiles, TalentAgent matches AI tools to each user, giving them what they need to use and learn in order to do their job better and upskill themselves in an AI-powered environment. 

TalentGenius is designed to be more than just a job search site. The platform empowers tech professionals to adapt and thrive in an evolving job market. “We’re setting a new standard in how candidates find and build careers,” added Frank. “Our tools enable professionals not only to find the right role but to continuously grow in their field with the latest insights in AI-driven job readiness.”

About TalentGenius

TalentGenius provides career management and job search solutions for technology professionals, alongside advanced talent sourcing and AI assessment  tools for businesses. With its AI-driven job-matching tool, TalentAgent, and powerful features like the AI Exposure Score (AIX) and Skills Analysis modules, TalentGenius simplifies the job search process for users and supports companies in finding and evaluating top talent inside and outside their organisations. TalentGenius’s global reach now includes tens of thousands of tech job listings in India, with more expansions on the horizon.  

For more information, please visit TalentGenius.io/Signup or contact:  

Crystal Parra  

Marketing Director  

crystal@talentgenius.io

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Technology

Chery PHEVs’ 1700+ KM Challenging Test Tour Global KOCs Praise the Power and Range

November 13, 2024

From October 14th to October 16th, Chery’s two PHEV models embarked on a 1,700+ KM journey, starting from a tour of Guangzhou’s Hua’e Lou, followed by the driving challenge at Mount Longhu, and concluding with the ecological protection experience at Poyang Lake, before arriving at Chery’s headquarters in Wuhu, China. With their impressive power, extended range, and efficient charging technologies, the vehicles garnered unanimous praise from invited KOCs.

During the driving challenge at Mount Longhu, the Tiggo 9 PHEV and Arrizo 8 PHEV became the center of attention thanks to their remarkable power performance and intelligent control systems. Faced with the winding roads of Mount Longhu, the Tiggo 9 PHEV’s 1.5T engine paired with the third-generation DHT hybrid transmission proved its prowess. The 4WD version boasted an output power of up to 450 kW and a peak torque of 915 N·m, effortlessly handling steep slopes and complex terrain, allowing drivers to experience the thrill of driving fully.

The Arrizo 8 PHEV has an advanced 1.5TGDI fifth-generation hybrid engine, a market highlight due to its ultra-low fuel consumption and high performance. The engine demonstrates outstanding energy utilization with a thermal efficiency of up to 44.5%. It also delivers a maximum power of 115 kW and a peak torque of 220 N·m, ensuring a powerful and smooth driving experience.

The intelligent control systems of both models played a crucial role in the driving challenge. The Tiggo 9 PHEV features an all-dimensional intelligent driving safety system equipped with 30 active safety configurations, including L2.9-level ADAS, highway navigation, and memory parking, offering comprehensive safety for drivers. Meanwhile, the Arrizo 8 PHEV, with its advanced intelligent control system, provides real-time vehicle monitoring and precise adjustments, allowing drivers to enjoy driving fun while feeling secure.

During the Poyang Lake ecological protection experience, the Tiggo 9 PHEV and Arrizo 8 PHEV showcased their long-range capabilities, low energy consumption, and external power supply functions. The vehicles’ range capabilities were fully displayed against Poyang Lake’s expansive waters and surrounding natural scenery. The Tiggo 9 PHEV, depending on configuration, offers an all-electric range of 100/170 km, with a total range exceeding 1,400 km. The Arrizo 8 PHEV also provides a total range of over 1,400 km when fully charged, with an all-electric range exceeding 127 km. This range capability allows drivers to enjoy the natural beauty while handling long-distance travel needs easily.

In the Poyang Lake ecological protection experience, both models’ external power supply functions were also put to good use. Whether for outdoor camping or other power-requiring scenarios, the vehicles’ external power supply functions provide stable electricity for various devices, allowing drivers to enjoy the natural surroundings with practical and convenient power solutions.

Through these immersive activities, the Tiggo 9 PHEV and Arrizo 8 PHEV once again demonstrated Chery’s leading position in PHEV technology with their excellent power performance, intelligent control systems, long-range capabilities, low energy consumption, and external power functions. Looking ahead, Chery will continue to uphold its brand values of green mobility, technological innovation, and family companionship, delivering more premium and eco-friendly automotive products to consumers.

Company: Chery Automobile Co., Ltd.

Contact Person: Chery Automobile

Email: cherybrand@mychery.com

Website: https://www.cheryinternational.com/

Country: China

City: AnHui

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Technology

VRAD Co. Launches Korean VR Simulators for Nursing & Trauma Training in Global Markets

November 8, 2024

VRAD Co., Ltd. is launching two widely recognized Korean-developed virtual reality-based simulators, NS_Core, a nursing skills education simulator, and IP_Trauma, a trauma patient care simulator, for international markets. These products support a broad range of languages, including Korean, English, Vietnamese, Thai, Indonesian, Chinese, Japanese, Kazakh, and German, with Spanish and French language support anticipated by the end of the year.

NS_Core is an immersive clinical simulation solution designed for nursing skill training using Meta’s virtual reality headset. It allows users to perform a variety of clinical exercises in a VR environment with simulated patients. This solution offers an innovative approach to addressing the challenges of hands-on medical training within nursing school curricula by providing a metaverse-based virtual training space.

Developed through a collaboration between general hospitals and university nursing departments, NS_Core enables intensive, repetitive practice on 20 essential nursing skills, significantly enhancing clinical performance among nursing students.

IP_Trauma offers a comprehensive VR training environment for medical personnel to acquire and refine essential trauma care skills. This includes learning various medical procedures, equipment handling, situational assessment, and decision-making, as well as fostering teamwork and real-time communication—areas traditionally challenging to practice effectively.

IP_Trauma is an immersive clinical simulation platform featuring reactive scenario simulations, where outcomes vary based on the user’s choices and actions. Developed in partnership with several prominent Korean universities and hospitals, it adheres to the globally recognized Advanced Trauma Life Support (ATLS) protocol standards.

Within the IP_Trauma simulator, multiple users can communicate in real time, practicing critical decision-making and trauma care techniques in a virtual environment. The simulation covers over 40 procedural steps, from pre-hospital preparation to patient transfer to the operating room. Simulation managers can utilize a control console to assign real-time scenarios, provide additional instructions, and directly guide participants, effectively managing the simulation’s progress.

Currently recognized as a leading VR medical technology provider in Korea, VRAD’s products are actively used in over 90 medical and educational institutions, both domestically and internationally.

Website: https://vrad.one/

Media Contact: VRAD in Gyeonggi-Do, South Korea

Media Inquiries Contact: wsheo@vrad.one

Phone: +82 2-869-4789

Email: info@vrad.one

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Technology

Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil’s Manufacturing Base

November 7, 2024

Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery’s leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders.

At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: “From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery’s speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities.” Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.

TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone Celebration

During the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery’s Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.

With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa’s “2023 Motor Enthusiasts Choice” award, Mexico’s “Top Midsize SUV” and the Philippines’ “Best Midsize Crossover in 19th Annual C!” award.

Global Sales: From 0 to 15 Million, Chery’s Momentum Accelerates

On December 18th, 1999, Chery’s first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China’s top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.

Chery has adhered to a “dual-track” approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.

Global Products: Cars That Meet the Needs of World Users

With its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong “scientific elite team” dedicated to solving the mobility needs of new-era users.

From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China’s vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.

The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the “2023 Global Sales Champion for Chinese Brand Fuel SUVs.” Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery’s celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car.

Deepening International Cooperation,Co-create a New Future of High-Quality Global Expansion

While rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable “going global” model. Adhering to the international development philosophy of “In somewhere, For somewhere,” Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery’s international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery’s outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery’s latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.

In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery’s 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users’ needs worldwide.

Company: Chery Automobile Co., Ltd.

Contact Person: Chery Automobile

Email: cherybrand@mychery.com

Website: https://www.cheryinternational.com/

Country: China

City: AnHui

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ProX PC: Revolutionizing AI with Cutting-Edge Computing Hardware Solutions for India’s Growing Technology Needs

November 5, 2024

ProX PC, a leading provider of custom computing solutions, is redefining the landscape of AI technology in India. With innovative hardware offerings and unparalleled support, the company has successfully implemented the largest AI-driven project across the nation, onboarding over 200,000 cameras for a major client in the oil and gas sector. ProX PC serves both government sectors and B2C markets, achieving a turnover of ₹8 crore in the fiscal year 2023-2024.

New Delhi, India – ProX PC, a pioneer in the field of high-performance computing hardware, is transforming the Indian AI industry with its state-of-the-art solutions. Founded by Arun Kaushik, the company has carved a niche for itself by providing custom-built hardware tailored to meet the complex demands of AI, edge computing, and high – performance data processing.

In an era where Artificial Intelligence is driving major transformations across industries, ProX PC has emerged as a reliable partner for organizations aiming to harness the power of AI for real-world applications. Recently, ProX PC played a pivotal role in deploying one of the largest AI projects in India, onboarding over 200,000 surveillance cameras for a leading player in the oil and gas industry. This project required high-end, scalable computing solutions capable of real-time data processing and analysis—a need that ProX PC met with its advanced AI-optimized servers and edge computing devices.

“At ProX PC, our mission is to empower organizations with the right tools to unlock the true potential of Artificial Intelligence,” said Arun Kaushik, CEO and Founder of ProX PC. “Our custom hardware solutions are designed to handle the massive computational workloads that AI demands, ensuring that our clients can innovate faster and more efficiently.”

ProX PC’s expertise extends across multiple industries and use cases. For the government sector, the company provides high-performance servers and edge AI devices that are designed to handle mission-critical tasks in surveillance, defense, and public safety. For B2C markets, ProX PC offers premium workstations for professionals in fields such as content creation, video editing, architectural design, and scientific research, ensuring that creatives and scientists have the computational power they need at their fingertips.

The company’s product portfolio includes a diverse range of configurations, from high – powered multi-GPU servers to versatile edge computing solutions. All of ProX PC’s products are crafted with a focus on high-performance AI workflows, enabling customers to drive innovation across sectors.

ProX PC’s financial growth reflects its increasing impact on the technology industry in India. In the fiscal year 2023-2024, the company achieved an impressive turnover of ₹8 crore, a testament to the quality and demand for its solutions. This growth also underscores the company’s dedication to supporting India’s digital transformation goals by providing world-class computing hardware solutions.

As ProX PC looks to the future, it remains committed to pushing the boundaries of what’s possible in AI. The company continues to invest in cutting-edge technology to ensure that its clients—whether in government, corporate, or consumer sectors—have access to the latest advancements in computing.

For more information on ProX PC’s products and solutions, please visit www.proxpc.com.

About ProX PC:

ProX PC specializes in custom-built computing solutions tailored for high-performance workflows, including AI, scientific computing, and content creation. With a mission to empower innovation across industries, ProX PC provides premium workstations, servers, and edge AI devices designed to meet the unique needs of professionals and organizations alike. ProX PC is headquartered in New Delhi, India, and serves both B2B and B2C markets, supporting government agencies, large corporations, and individual professionals.

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String Metaverse Expands Global Presence with UAE Approvals and BSE Listing on Oct 31st

October 28, 2024

Hyderabad, India – October 28, 2024 – String Metaverse, a pioneering Web3 innovator, expands its global footprint with UAE regulatory approvals and Bombay Stock Exchange (BSE) listing on October 31, 2024. This dual milestone solidifies its position in AI-Blockchain innovation.

The Agentic Economy: Revolutionizing Commerce

String Metaverse’s “Agentic Economy” empowers self-learning AI agents to interact with humans and AI agents using cryptocurrency. Key features include:

  1. Agent-to-human and agent-to-agent commerce
  2. Generative AI-powered digital community commerce
  3. AI agents writing smart contracts with crypto wallets
  4. Real-world asset tokenization with transparency
  5. Blockchain-enabled user monetization

Regulatory Milestones:

String Metaverse has achieved significant UAE regulatory approvals:

  1. AI License
  2. Blockchain Node Operator License
  3. DEpin License from RAKDAO (Ras Al Khaimah Digital Assets Oasis)

“The future of commerce is here – autonomous AI agents transacting seamlessly with humans and machines, unlocking a multitrillion-dollar economy,” said Krishna Mohan, Founder.

Corporate Update:

String Metaverse merges with BIO Green Papers LTD, listing on BSE (Oct 31, 2024) under scrip code 534535, pending name change approval from ROC.

About String Metaverse
String Metaverse develops cohesive Web3 solutions integrating AI, blockchain and gaming technologies, focusing on practical digital commerce applications and regulatory adherence.

Web: https://www.stringmetaverse.com

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Cybersecurity Expert Discusses AI-Powered Solutions and Ethical Concerns in Protecting Data

October 26, 2024

In today’s rapidly evolving cybersecurity landscape, utilizing advanced technologies has become essential for safeguarding sensitive information and countering cyber threats. Companies like American Express are leading the charge by integrating Artificial Intelligence (AI) and Machine Learning (ML) into their cybersecurity strategies. Madhusudhan Dasari, a senior data engineer with expertise in cyber analytics at American Express, offers valuable perspectives on the growing role of AI in cybersecurity and the future of the industry. Madhusudhan’s work at American Express centers on analyzing large volumes of cyber threat data, focusing on the data-driven aspects of information security. With deep knowledge in AI, ML, cybersecurity, and cyber analytics, he emphasizes the critical connection between cutting-edge technologies and robust cybersecurity measures.

One of his key areas of expertise is the development and deployment of AI-powered security tools, which help cybersecurity teams enhance their ability to detect and respond to threats more efficiently. AI-driven solutions, such as those for malware detection and data loss prevention, provide a proactive approach to protecting valuable information and reinforcing security infrastructures. However, as AI continues to play an expanding role in cybersecurity, ethical considerations must be addressed. Madhusudhan highlights the importance of responsible AI use in this field, stressing the need for transparent and ethical practices in cyber analytics and threat detection. Ensuring that AI is applied ethically will be critical to shaping the future of cybersecurity.

Madhusudhan says “To solve these ethical challenges, organizations must establish clear frameworks for the responsible development and deployment of AI in cybersecurity. This includes implementing rigorous testing and auditing of AI algorithms to ensure they perform ethically and accurately in real-world scenarios. Human oversight remains essential, and cybersecurity systems should be designed to work in tandem with skilled professionals, allowing for a balance between automation and human intuition. By adopting explainable AI (XAI) models, which provide transparency into how decisions are made, organizations can build trust and accountability in AI-powered security tools“.

He adds “Furthermore, ethical guidelines must be continually updated to keep pace with technological advancements, ensuring that AI is used responsibly and fairly within the cybersecurity domain. By addressing these concerns proactively, companies like American Express can ensure that AI remains a force for good in the ongoing battle against cyber threats”.

Looking ahead, Madhusudhan envisions AI and ML becoming seamlessly integrated into day-to-day cybersecurity operations. The combination of AI algorithms and cybersecurity protocols is expected to revolutionize how organizations manage incident responses, detect threats, and conduct threat-hunting activities. AI will be especially significant in enhancing security within cloud environments, improving security controls, detecting network intrusions, and safeguarding sensitive data stored in the cloud.

Additionally, the use of natural language processing for tasks like code generation and data analysis in cloud settings illustrates AI’s transformative potential in the cybersecurity arena.AI-powered mechanisms will also strengthens secure access controls and data protection, further increasing organizations’ resilience against the ever-changing landscape of cyber threats.

His article on NLP:

https://www.researchgate.net/publication/384246103_Analysis_of_Natural_language_processing_for_code_generation_by_using_COPRAS_Method

When reflecting on success and entrepreneurship, Madhusudhan highlights the significance of setting well-defined goals, staying persistent, and remaining open to new possibilities. For entrepreneurs in the cybersecurity field, overcoming obstacles, taking calculated risks, and keeping pace with emerging technologies are essential factors in achieving long-term success. As cybersecurity continues to evolve, organizations like American Express and experts like Madhusudhan Dasari remain at the cutting edge, driving forward innovations in AI-powered cybersecurity solutions.

By staying attuned to new trends, fostering a culture of ongoing learning, and embracing the transformative power of AI, businesses can proactively safeguard their digital assets and fortify their defenses against cyberattacks. The fusion of AI and ML holds great promise for enhancing threat detection, incident response, and data protection strategies. With forward-thinking professionals like Madhusudhan leading the way, the future of cybersecurity will be marked by increased resilience, adaptability, and a proactive stance in an ever-changing digital landscape.

Learn more at : https://www.linkedin.com/in/madhusudhan-ds/

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