Blockchain Press Releases
Amplience Pledges to Rid the World of Bad Shopping Experiences Through AI Content Strategy
Silicon Valley Leader Anthony Lye Joins as New CEO to Deliver Vision
LONDON, July 18, 2023 /PRNewswire/ — Amplience, the AI Content company, has today announced that with the appointment of experienced leader and technologist, Anthony Lye as its new Chief Executive Officer, the company has significantly evolved its strategy by introducing a vision focused on the relationship between content creation, content management and shopping context.
Amplience will empower business practitioners in the industry with access to a shopping-specific, generative content engine and a rich portfolio of AI based capabilities. This will allow them to create, review, manage, deploy and measure tailored content for every use case, or context, that will revolutionize shopping experiences.
Anthony Lye will evangelize and guide the Amplience vision. He said: “Customers tell us they need agile solutions that embrace AI and allow each brand to dynamically generate persuasive content and media across various channels to create seamless customer experiences. Ensuring all touchpoints provide the rich and engaging shopping experiences that delights customers and delivers performance is what we will provide.”
Amplience’s Generative Content Platform will accelerate and augment how brands and retailers create, validate and publish content and media for world-class shopping experiences. The sheer volume of content and content variants needed to reflect every shopping context such as product and category information, brand standards, seasonality, weather, audience, events, news, local and regional regulations, is vast and will only grow. It is only through Generative AI capabilities, built on specialized Language Learning Models (LLMs) that are trained on shopping, category and brand-specific data and performance insights, will businesses be able to reduce the time, cost and effort needed for otherwise complex and lengthy production tasks, allowing content teams to achieve more. With over 70 million shopping-related content items and half a billion shopping-related images being managed today for over 400 customers, Amplience is uniquely positioned to provide a modular Generative Content Platform for model management, content and variant generation, and compliance services that will help brands and retailers stay competitive and delight customers.
Anthony Lye heads up executive team
As new CEO, Anthony Lye brings a wealth of experience. He comes to Amplience from Palantir Technologies where, as Global Head, he has been responsible for expanding the Apollo service and the company’s product-led Growth Business Unit and its Artificial Intelligence strategy. Prior to that, he was Executive Vice President and General Manager at NetApp, the data storage and management company where he built the Public Cloud Business Unit. During his tenure at NetApp, he acquired 12 companies and built a world class team. Other roles have included Board Member at Spoken Communications, EVP and Chief Cloud Officer at Guidewire Software, and he is also an Operating Advisor at Bessemer Venture Partners and is on the board of trustees for the University of Bath in England.
This is the second significant hire this year for Amplience, which welcomed Imran Anwar as CFO in May. This reflects not only the strategic changes at the company, but also its ongoing growth in Europe and the United States. Anthony Lye is working closely with the additional members of the leadership team of John Williams, Co-Founder and Chief Technology Officer; Rob Walter, Chief Revenue Officer; and David Rich, Chief Marketing Officer.
“We are delighted to welcome Anthony, whose ability to lead transitionary technology companies is well proven and crucial to us realizing our vision for the future,” said Pete Daffern, Amplience’s Board Chair. “His motivation and wide expertise in driving expansion makes him the perfect fit for the team as they deliver on its new Generative Content Platform with Shopping Context alongside outstanding value to our clients.”
Anthony Lye said: “This is a transformative time in Amplience’s evolution, and I am excited to be at the helm working with the company’s dynamic team to continue to disrupt the market. Amplience is effecting change, not just internally but across the sector, and driving the development and adoption of solutions that utilize Generative AI to revolutionize the shopping experience. Being part of this transformation is what motivates me, and it will be my job to steer the company forward so it can achieve its ambitious goals.”
Heather Hershey, Research Analyst with International Data Corporation (IDC), commented: “Generative AI is the topic of the moment and the way forward for the worldwide digital commerce sector. However, its potential needs to be harnessed with a mind towards adaptive strategic differentiation. Amplience is accelerating the adoption of GenAI by leveraging it directly in their content management system, providing retailers and brands with the power and tools to deliver memorable shopping experiences in context that will give them an unbeatable competitive edge in the future.”
About Amplience
Amplience is the AI Content company that brings together data, performance insights and generative AI – helping merchants and developers deliver persuasive content for every shopping context, fueling truly personalized and connected experiences. More than 400 of the world’s leading brands use Amplience including Crate & Barrel, Ulta Beauty, Coach, OTTO Group, GAP, Currys, and The Very Group. Amplience is backed by investors Farview Equity Partners, Sixth Street and Octopus Ventures. For more information on Amplience’s vision for AI-based content, and its platform, including Dynamic Content and Dynamic Media, please visit www.amplience.com.
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The new, fully self-owned facility enhances Compass’s capacity and offers customers greater choice for machine deployment
WILMINGTON, Del., Nov. 19, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and services, today announced its acquisition of property and power agreements to establish a state-of-the-art mining facility in Iowa. Construction is already underway on the expandable facility, with an initial 8 megawatts (MW) scheduled for energization in January 2025 and plans for expansion up to 30 MW as Compass pursues additional infrastructure investments.
Located on a 5-acre greenfield site, the new Iowa facility marks a significant step in the Company’s growth strategy, increasing its self-owned infrastructure portfolio. With an Electric Service Agreement (ESA) in place, Compass is on track to energize 8 MW of capacity by January 2025. Once operational, Compass customers will have the option to select “Iowa 4″ as the deployment location for new machines purchased through Compass’s platform.
Compass Mining has traditionally partnered with third-party facilities but is actively working to reduce counterparty risk through ownership of its own sites, such as the new Iowa facility, which is both self-owned and self-operated. This ownership model allows Compass to strengthen control over its operations and offer enhanced flexibility to customers.
“This new site marks an important milestone,” said Shanon Squires, Chief Mining Officer of Compass Mining. “By increasing our self-owned capacity, we can provide our customers greater operational control. At the same time, our partnerships with reliable third-party facilities provide our customers greater deployment flexibility, reflecting both power market dynamics and geographic diversity.”
The Iowa facility builds on Compass’s broader U.S. expansion, following the successful energization of facilities across Kentucky (10 MW) and Nebraska (7.5 MW) earlier this year. In 2024 alone, Compass has energized nearly 50 MW of new power capacity across Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, with an additional 20 MW planned by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
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Blockchain Press Releases
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.
Registration is required for all three events:
1. Merchant-exclusive Event
On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.
The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.
2. Cashback Event: Up to 2% for Existing Users
All buyers have a chance at an easy win from another 8,000 USDT prize pool. Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.
3. Sharers Get More
Users have another way to access a 2,000 USDT prize pool by using the “share” button to spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.
P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.
Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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