Blockchain Press Releases
EvoluteIQ Unveils EIQ 6.0, Enriched with GenIQ and GIQ Copilot, Democratizing AI Access for Enterprises
STOCKHOLM and BANGALORE, India, Aug. 17, 2023 /PRNewswire/ — EvoluteIQ, a leader in end-to-end intelligent business automation for global enterprises, announced the launch of its latest platform release, EIQ 6.0. With enhanced generative AI capabilities, GenIQ delivers a comprehensive AI framework with GenAI integration, designed to enhance functionality, and achieve more productive automation solutions. EvoluteIQ also unveiled GIQ Copilot, a conversational GenAI module that helps citizen developers build any application, forms, rules, and interactions with simple conversational commands.
This latest release of EIQ 6.0 democratizes access to AI offering customers improved ability to integrate generative AI while accelerating application potential. The new enterprise tools empower customers to experience AI-driven automation, enabling scalability, reduced complexity, seamless operations, and cost savings. The flexibility of the EIQ 6.0 platform empowers customers to foster greater innovation and transform their business processes end-to-end.
“With EIQ 6.0, we are helping enterprises unlock new heights of efficiency and productivity by redefining the possibilities of true end-to-end intelligent business automation. The GenIQ release enables organizations to harness the true potential of their data within their firewalls, thus ensuring they create models that are unique to their business and ensure competitive advantage. Our foundational models and generative experiences will drive our customers to explore new possibilities and accelerate business transformation. We believe that the continuous evolution of AI-powered automation holds the power to support our customers and partners to achieve their short and long-term business goals,” expressed Sameet Gupte, Cofounder and CEO, EvoluteIQ.
The GenIQ Framework
GenIQ is an all-encompassing AI framework that offers a wide range of capabilities, including text generation, translation, content rewriting, classification, summarization, and information extraction. It is built upon a powerful foundation of pre-trained large language models (LLMs) and generative pre-training transformer (GPT) models, which provide ready-to-use solutions and enable various tasks in the field of natural language processing.
In addition to text generation, GenIQ includes a beta version of image generation, to expand the framework’s potential applications and providing users with a broad-based automation solution.
GenIQ not only offers generative AI capabilities, but also offers non-generative LLMs & transformers apart from extending traditional ML models. For instance, NLP nodes for text identification/labelling, extraction, sentiment analysis, and more, are out-of-the-box activities that can be defined under ML flows and used in process, data, or event flows through simple parameters.
GIQ Copilot
GIQ Copilot is a conversational GenAI that serves as an interactive conversational assistant, facilitating the development of diverse applications, encompassing form creation, rule implementation, and interactive functionalities solely through natural language conversations. The Copilot provides diverse text-based generative applications and conversational AI features such as chatbot and question-answering functionalities on existing documents and data.
For example, GIQ Copilot allows customers to easily build an app to automate their onboarding with a Salesforce account using simple instructions given by the user. It integrates with their Salesforce account to build a simple approval-based process flow automating customer onboarding by creating the necessary forms and Create, Read, Update and Delete (CRUD) operations.
Use Cases of GenAI and GIQ Copilot
EIQ 6.0 uses the power of GenAI through LLM and transformer technologies to offer a range of valuable use cases. These include business rule definition through document analysis, development assistance with suggestions and code quality alerts, automated testing, AI-augmented portfolio analysis, chat interface for analytics queries and report generation, and predictive maintenance of processes. EIQ 6.0 builds upon these capabilities, enhancing the overall functionality and providing organizations with more structured and effective intelligent business automation solutions.
The implementation of EIQ 6.0 is expected to yield remarkable benefits for organizations. With advanced technologies, EIQ 6.0 helps achieve a 90% reduction in error rates, ensuring better outcomes and minimizing costly mistakes. Additionally, it drives a significant 97% improvement in customer journey cycle times, and an average of 40% reduction in operational costs.
About EvoluteIQ
EvoluteIQ is on a mission to revolutionize and democratize digital business for enterprises with our EIQ Platform. Our integrated intelligent business automation platform empowers organizations to create exceptional user experiences through process orchestration, RPA, data, and event processing, AI/ML, enterprise connectors, and front-end application development. Our user-centric approach ensures that even non-technical users can drive digital transformation with ease, thanks to our intuitive low-code/no-code interface.
EvoluteIQ is supported by Nordea, Confidus VC & Round2Capital, operating globally with headquarters in Stockholm, Sweden, and a prominent presence in the UK, US, and India.
For more information about EIQ 6.0, visit evoluteiq.com.
Media Contact:
Vibha Krishnan
[email protected]
+91-8050755251
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW 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.
Media Contact
BlocksBridge Consulting
[email protected]
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Blockchain Press Releases
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
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
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#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
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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