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Adamant Holding Announces New Strategy for Europronet Utilizing Its Datacenters for the Artificial Intelligence Sector

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Vancouver, British Columbia–(Newsfile Corp. – February 27, 2023) – Adamant Holding Inc. (CSE: ADMT) (FSE: U060) (OTC Pink: UCCPF) (“ADMT” or the “Company”) has announced it will be entering the Artificial Intelligence space (AI) utilizing its European datacenters. Europronet d.o.o. will be focusing on leveraging its datacenters and look at creating partnerships with major AI companies to assist them on their computing power.

Europronet’s Datacenters can help increase the productivity and reliability of an AI system. Some ways our datacenters can improve the performance of an AI system include:

  • Providing sufficient computing resources: each datacenter can provide access to large amounts of computing power, such as high-performance GPUs, which are essential for training large AI models.
  • Ensuring high availability: Datacenters are designed to be highly available and reliable, which is crucial for AI systems that need to be always available and responsive.
  • Providing appropriate storage: Datacenters can provide large-scale storage solutions, such as network-attached storage (NAS) or storage area networks (SAN), that are necessary to store large amounts of data used by AI systems.
  • Facilitating data management: Datacenters can provide tools and systems for managing and processing large amounts of data, such as data warehousing and data processing platforms, which can help improve the accuracy and efficiency of AI systems.
  • Supporting collaboration: Datacenters can provide collaboration and sharing tools, such as shared file systems and virtual workspaces, that can facilitate collaboration and sharing of data and models among AI teams.

Europronet’s datacenter will be connecting to an existing AI node by:

  • Plan the network: Determine the network requirements for the AI node and the datacenter, including the bandwidth and latency requirements, and plan the network topology accordingly.
  • Integrate with existing systems: Integrate the AI node and the datacenter with existing systems, such as data warehousing or collaboration tools, to maximize their potential.

Europronet further will look for good partners to run AI.

There are several multi-billion-dollar companies that can would utilize our datacenters for their artificial intelligence systems, including:

  • AI hardware vendors: AI hardware vendors, such as NVIDIA and AMD, can provide specialized hardware for running AI workloads in a datacenter. They offer a range of GPUs, Tensor processing units (TPUs), and other hardware specifically designed for AI applications.
  • AI software vendors: AI software vendors, such as TensorFlow and PyTorch, can provide AI software and frameworks for developing and running AI models in a datacenter.

Following the implementation of an AI node Europronet will adopt it in the Telecom Business.

An AI system running a telecom business can bring several benefits, including:

  • Improved customer experience: AI systems can be used to automate customer service tasks, such as handling customer inquiries, resolving technical issues, and providing personalized recommendations. This can lead to improved customer satisfaction and reduced wait times.
  • Increased operational efficiency: AI systems can be used to automate a variety of operational tasks, such as network monitoring, predictive maintenance, and fraud detection. This can help reduce costs, improve resource utilization, and increase the overall efficiency of the business.
  • Better decision making: AI systems can provide real-time insights and recommendations based on large amounts of data. This can help decision makers make more informed and accurate decisions about critical business issues, such as network planning, marketing strategies, and resource allocation.
  • Personalized marketing: AI systems can be used to personalize marketing campaigns and offers based on individual customer preferences and behaviors. This can lead to higher conversion rates, increased customer loyalty, and improved profitability.
  • Improved network performance: AI systems can be used to optimize network performance, such as predicting and preventing network outages, reducing network congestion, and improving network reliability.

These benefits can lead to increased competitiveness, improved profitability, and enhanced customer satisfaction for a telecom business.

“With the recent acquisition of Europronet, we plan to utilize the company’s infrastructure to bring major Artificial Intelligence companies into the Balkan markets. Our datacenters will be used to assist these AI companies in further expanding their presence to Balkan’s countries without the need of sourcing, developing, and building their datacenters. Our datacenters will seamless integrate as we would be the bridge connection, using our servers and databases,” commented Andrea Pagani, CEO of Adamant Holding Inc.

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Andrea Pagani, Adamant CEO
[email protected]
Telephone: +39 334 661 8604

About ADAMANT

ADAMANT Global Holding is multi-focused Telcom and technology company. Owner of Oktacom Inc, a licensed Global Telecom Carrier and Brilliance ltd, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce.

About Europronet d.o.o.

Europronet is a fully licensed Telecom, and a leading Internet service provider (ISP) founded in 2000 offering a variety of services including: Internet access for private and business users; Datacenter Solution with two main locations in the center of Sarajevo, a variety of Wireless Solution and Telecommunications services; web services with development and placement of web presentations; online marketing, business solutions based on information technologies; and technical support.

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Website: www.adamantglobal.com
Twitter: @adamantglobal
LinkedIn: Adamant-Global

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156218

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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