Blockchain Press Releases

KX LAUNCHES KDB.AI EARLY ACCESS PROGRAM: NAVIGATING THE FUTURE OF STATEFUL & REAL-TIME AI APPLICATIONS WITH THE WORLD’S #1 VECTOR DATABASE

Published

1 year ago

August 1, 2023

NEW YORK and LONDON, Aug. 1, 2023 /PRNewswire/ — KX, the global pioneer in vector native real time and high-volume time series data analytics, today unveiled the Early Access Program for KDB.AI, the #1 ranked multi-model vector database. Open to new and existing customers and global system integration partners, the program grants privileged access to ground-breaking technology and support, offering the unique opportunity to be part of the evolution of transformative generative AI applications and use cases.

With generative AI forecast to add up to $4.4 trillion annually to the global economy, demand for resilient vector databases to support high-performance generative AI and semantic search applications is snowballing. Current vector databases and AI applications, however, exhibit severe limitations – lack of statefulness, insufficient processing of high-volume numerical calculations, an inability to adapt in real-time, and problems replicating sophisticated risk models. These issues obstruct AI’s potential for temporal reasoning and inference, limiting its effectiveness.

Leveraging the robust and proven KDB+ engine, independently recognized as the fastest time series vector native database, KDB.AI is revolutionizing AI technology. Providing the best price to performance and efficiency, KDB.AI overcomes traditional vector database challenges. This includes issues such as statelessness, lack of contextual understanding, ultra-high-dimensionality problems, an absence of causal reasoning, and hurdles around explainability, fairness, and sustainability. Moreover, KDB.AI fills a significant gap in the real-time processing and streaming of vectors, a limitation profoundly felt in the AI field today.

Seamlessly handling both structured and unstructured data, KDB.AI empowers real-time processing, enabling sliding window search for time-series-based vector search. Its stateful approach caters to various applications, providing native support for large language models (LLMs) and machine learning workflows.

Available for deployment on all hyperscaler cloud platforms including Azure, AWS, GCP, and also for on-premise use, KDB.AI offers universal compatibility with any infrastructure setup. Its integration with the PyKX open-source language further enhances its compatibility with various software products and leading language models such as GPT-4, BARD, LLAMA, and more.

KDB.AI has the potential to transform various industries with its unique capabilities:

Financial Services: It enables real-time processing of vast time-series and alternate datasets, providing actionable insights for advanced market analytics and sentiment analysis.
Manufacturing: KDB.AI can improve operational efficiency by enhancing quality control, predictive maintenance, and supply chain processes.
Life Sciences: KDB.AI speeds up drug discovery and enables personalized medicine by providing quick and actionable insights from complex biological data.
Aerospace and Defence: With KDB.AI, organizations can enhance real-time situational awareness, aircraft predictive maintenance, and cybersecurity through efficient data management.

Asset Tarabayev, Chief Product Officer, Quantitative Brokers: “KX’s market leading technology gives us the ability to unlock differentiated outcomes for our customers, reinforcing our commitment to always push the boundaries of technology with a focused vision. KDB.AI will enhance our ability to provide clients with industry-leading, intelligent execution analytics while ensuring our clients continue to receive the very best in research-driven trading solutions.”

Jonny Press, Chief Technology Officer, Data Intellect: “Our core strengths lie in transforming big data problems into smart data solutions. The integration of KDB.AI’s advanced generative AI capabilities into our consulting framework further enhances our approach to complex data challenges. With KDB.AI we’re exploring the untapped potential of generative AI to unearth unique use cases that deliver transformative results.”

Ashok Reddy, CEO, KX: “This is a significant stride in KX’s history, offering a unique opportunity for our customers and partners to join us on a path where we redefine the future of AI. This launch is more than a product roll-out; it’s a shared exploration into new frontiers of technological innovation.”

The Early Access Program introduces participants to an array of exceptional benefits:

Exclusive Access to Latest Features and Updates: Participants get a first-hand experience of new features and updates, with the opportunity to provide feedback that contributes to shaping the future of KDB.AI.
Unlimited Usage: Throughout the early access period, participants enjoy unrestricted usage of KDB.AI, enabling a comprehensive exploration of its capabilities.
Dedicated Support: Early access offers exclusive support from KX, providing assistance with any encountered challenges, and a channel for valuable feedback and suggestions.
Developer Sandbox: A Developer Sandbox is also launching this week, based on Jupyter notebook technology, fostering a wider exploration of KDB.AI’s potential.

This Early Access Program offers two-year, non-renewable licenses either by department or on an enterprise-wide basis, both with unlimited usage. For more information visit: www.KDB.AI

About KX

Our mission is to accelerate the speed of data and AI-driven business innovation enabling customers to transform into real-time, intelligent enterprises. Built for the most demanding data environments, our Data Timehouse™ platform is trusted by the world’s top investment banks and hedge funds, and leading companies in the life and health sciences, semiconductor, telecommunications, and manufacturing industries.

At the heart of our technology is the kdb+ time series and vector database, independently benchmarked as the fastest on the market. It can process and analyze time series, historical and vector data at unmatched speed and scale, empowering developers, data scientists, and data engineers to build high-performance data-driven applications and turbo-charge their favorite analytics tools in the cloud, on-premise, or at the edge.

Ultimately, our technology enables the discovery of richer, actionable insights for faster decision making which drives competitive advantage and transformative growth for our customers. KX operates from more than 15 offices across North America, Europe and Asia Pacific.

For more information visit www.kx.com or contact: [email protected]

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View original content:https://www.prnewswire.co.uk/news-releases/kx-launches-kdbai-early-access-program-navigating-the-future-of-stateful–real-time-ai-applications-with-the-worlds-1-vector-database-301890448.html

Blockchain

Blocks & Headlines: Today in Blockchain

Published

4 hours ago

January 16, 2025

Peter Tolan

Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.

Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy

In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.

The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.

Source: CoinDesk

Five Underrated Layer-1 Blockchain Tokens to Watch in 2025

As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.

While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.

Source: The Crypto Basic

AI and Blockchain Drive Innovation in Mining Industry

The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.

Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.

Source: Mining Technology

The Rapid Rise of Blockchain Mini-Games

Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.

The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.

Source: Crypto Times

Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown

Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.

Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.

Source: PR Newswire

The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.

Blockchain Press Releases

Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

Published

8 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache.

The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities.

The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid.

“As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.”

The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need.

At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake-302353395.html

Blockchain Press Releases

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

Published

16 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-&-signalplus-unveil-the-100,000-usdc-global-trading-showdown

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit–signalplus-unveil-the-100-000-usdc-global-trading-showdown-302352908.html

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