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Skymizer Launches Groundbreaking LLM Accelerator IP for on-device LLM Inferencing, EdgeThought, the game-changer in on-device GenAI era.

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TAIPEI, May 31, 2024 /PRNewswire/ — Skymizer, a pioneer in compiler technology and optimized solutions, today announced the release of its revolutionary software-hardware co-design AI ASIC IP, EdgeThought, specifically engineered for accelerating Large Language Models (LLMs) at the edge. This cutting-edge innovation leverages Skymizer’s advanced compiler technology to set new industry benchmarks in computation, memory utilization, power efficiency, and cost-effectiveness.

EdgeThought is designed to enhance the performance of LLM applications in a wide range of edge devices, from IoT devices to automotive systems and AI PCs / AI Edge Servers etc. By optimizing EdgeThought design with the compiler-centric approach, Skymizer’s solution ensures that these devices can run the state-of-the-art on-device LLM models, including the newest Llama3 8B.

Key Features of Skymizer’s LLM Accelerator:

Optimized Compiler Technology: At the heart of the accelerator is Skymizer’s proprietary compiler technology, which maximizes hardware utilization and efficiency, enabling superior performance even on resource-constrained edge devices.Enhanced Computation and Memory Efficiency: The co-design approach minimizes latency and maximizes throughput while reducing memory footprint, allowing for faster and more reliable inferencing of LLMs at the edge.Power and Cost Efficiency: Skymizer’s solution drastically reduces the power consumption and operational costs associated with deploying advanced AI models, making it an ideal choice for businesses looking to scale their operations sustainably.Scalability and Flexibility: Designed to support a range of LLM applications, the accelerator is scalable to different sizes and performance requirements, including multiple users with multiple batches to scale up the throughput for a very power edge server, offering unprecedented flexibility for device manufacturers and application developers.

“Today marks a significant milestone not just for Skymizer, but for the entire AI and edge computing industries,” said Jim Lai, CEO of Skymizer. “Our innovative LLM accelerator redefines what’s possible in edge AI performance, making it both more accessible and cost-effective. This release reflects our commitment to pushing the boundaries of technology to empower our clients and enrich the user experiences.”

With a decade of compiler and virtualization industry experience Skymizer focuses on what it does the best and designs EdgeThought to be a compiler optimized LLM ASIC IP specific for on-device inferencing task. EdgeThought eliminated all the software and hardware needs for training and focus on inferencing only. The result is the best in class on-device LLM inference engine. “If Groq chip is the king of cloud LLM inferencing, then, EdgeThought will be the game-changer for on-device LLM inferencing.”, said William Wei, the CMO & EVP of Skymizer. “And, EdgeThought does not require the latest silicon manufacturing process, it can enable the less expensive mature silicon class and specialty memory components which will revitalize those cheaper memory industry in the GenAI era.”

EdgeThought IP is now available for licensing and can be integrated into existing hardware setups without the need for extensive modifications. Skymizer has already begun collaborating with leading semiconductor companies and device manufacturers to bring this powerful technology to market.

About Skymizer:

Skymizer is a global leader in compiler technology and AI optimization solutions. Based in Taipei, Taiwan, the company is dedicated to innovating how software and hardware interact to create more efficient, powerful, and cost-effective computing solutions. Skymizer’s products are used in a variety of applications across multiple industries, driving the evolution of computing at the edge.

For more information on Product:
Website: www.skymizer.ai

Note: This press release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security or product, nor does it constitute an offer to provide investment advisory or other services by Skymizer.

View original content:https://www.prnewswire.com/news-releases/skymizer-launches-groundbreaking-llm-accelerator-ip-for-on-device-llm-inferencing-edgethought-the-game-changer-in-on-device-genai-era-302160453.html

SOURCE Skymizer

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Bonside Scorecard Launches Alongside Strategic Partnership with Kimco Realty and Nuveen Real Estate

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This partnership will support the launch of Bonside’s forthcoming proprietary underwriting tool

NEW YORK, May 18, 2025 /PRNewswire/ — Today, Bonside, a technology company that provides financial underwriting and funding to brick-and-mortar businesses, announces a strategic partnership with leading real estate investment trust Kimco Realty and global investment manager Nuveen Real Estate. As part of this partnership, both firms made equity investments in Bonside and will be among the first users of the company’s new proprietary underwriting product, the Bonside Scorecard, designed to help commercial landlords more efficiently assess the creditworthiness and risk of new and existing non-credit retail tenants.

The Bonside Scorecard brings much-needed standardization to how commercial landlords evaluate the financial and operational health of retail tenants. Built on the same underwriting process that drives Bonside’s own investment decisions, and 37 transactions to date, the tool enables landlords to quickly and effectively assess tenant performance via accounting software data.

At the nucleus of Bonside is the ability to analyze, standardize and capitalize the rise of non-credit retail. By emphasizing the fundamentals of physical retail, Bonside serves the category with specificity — weighing metrics like 4-wall EBITDA, COGS, labor ratios, and 20+ other industry-specific metrics to bring purpose-built underwriting and an investment-grade mentality to the brick-and-mortar economy. For landlords, this means streamlining and standardizing the tenant diligence process and holistic risk assessments at the property and portfolio level. For tenants, it removes friction and inconsistency, allowing rising concepts to compete for sought-after spaces and sign leases without manual effort.

This partnership marks a major milestone in Bonside’s growth and furthers its mission to define, and service, the brick-and-mortar economy. Since launching in 2023, Bonside has funded 37 deals and has $25 million in assets under management. Their flexible financing model, The Repeatable Revenue Agreement (RRA), gives businesses the opportunity to scale without giving up equity or entering debt, all powered by Bonside’s proprietary underwriting platform.

About Bonside
Bonside is based in NYC and publicly launched in June of 2023, to provide underwriting intelligence and capital to brick-and-mortar concepts, at scale.

Press Contact
Rachel Pietrangelo
rachel@bonside.com
Bonside

View original content:https://www.prnewswire.com/news-releases/bonside-scorecard-launches-alongside-strategic-partnership-with-kimco-realty-and-nuveen-real-estate-302458463.html

SOURCE Bonside

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Stagwell (STGW) Appoints Connie Chan as Chief Growth Officer for Asia Pacific

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A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell’s next phase of growth in APAC

SINGAPORE, May 18, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell’s growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

This appointment builds on Stagwell’s growth momentum across APAC on the heels of acquiring ADK GLOBAL earlier this year. Stagwell APAC now encompasses 2,500 employees across 34 APAC offices.

Chan will report to Ryan Linder, EVP, Global Chief Marketing Officer. “As the global marketing landscape continues to shift, Asia Pacific stands out as a region of extraordinary opportunity. Connie’s leadership will be instrumental as we build a network that not only responds to the complexity of today, but sets the pace for what’s next,” said Linder.

“Connie doesn’t just drive growth. She builds momentum that breaks the sound barrier,” said Randy Duax, Stagwell’s Managing Director, Asia Pacific. “We’ve spent the last three years building the kind of platform the holding companies said couldn’t be done—media, creative, strategy and PR moving as one, built for speed, wired for scale. Connie isn’t here to learn the playbook. She’s here to call the next play.”

Chan brings a track record of transformative leadership spanning decades in media, marketing, and strategic communications. Most recently, she served as CEO of OMD China, where she oversaw the agency’s operations in Shanghai, Beijing, and Guangzhou, with a focus on driving growth and creativity, and inspiring teams with a strong focus on culture. Prior to that, Chan held leadership roles at WPP, including Executive Director of the Government & Public Sector Practice in Singapore, and Chief Client Officer for APAC at MEC (now Wavemaker), focusing on strategic client partnerships.

Upon her appointment, Chan reflected, “I’ve always believed in the power of strategic clarity and bold ideas. At Stagwell, we have the talent, the ambition, and the platform to build work that matters – and impact that endures.”

Stagwell

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.

Media Contact:

PR@Stagwellglobal.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/stagwell-stgw-appoints-connie-chan-as-chief-growth-officer-for-asia-pacific-302458129.html

SOURCE Stagwell Inc.

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Das Marketing Shares Concerns Over Corporate Service Experience in Singapore

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Das Marketing International reports serious issues with a Singapore service provider, urging businesses to exercise due diligence and know their legal rights.

SINGAPORE, May 18, 2025 /PRNewswire-PRWeb/ — Das Marketing International Group Pte. Ltd. would like to share important information about its experience with an external corporate secretarial provider in Singapore – Investbanq Corporate Services Pte. Ltd.

During our cooperation, we encountered a number of serious operational and management issues that significantly impacted our business, including:

Refusal to carry out key corporate transactions, which caused significant delays in our business, instead requested for unreasonable compliance inquiry including source of fund of the transactions.

Requesting excessive and confidential information and documentation, without clear justification, including reason for transactions, original agreements, source of capital and tax information.

Refusal to arrange a meeting with a compliance specialist despite verbal requests and demands for direct interaction on regulatory matters.

Demanding unreasonably high budget of USD 20k for legal counsel despite low risk situations.

Refusal to perform actions despite clear instructions given as a client.

Overall a horrible client experience.

Fortunately, the current Singapore legislation allowed us to promptly change the nominee director and corporate secretary, restoring control over the management of the company without the involvement of the previous provider.

We strongly recommend that companies operating in Singapore carefully select corporate service providers, enter into written contracts in a timely manner and be well aware of their rights under the Companies Act and other regulations.

Das Marketing International Group Pte. Ltd. remains committed to the principles of transparency, professionalism and strict compliance with Singapore laws.

Media Contact

Director, Das Marketing International Pte. Ltd., 1 3152803039, shgdasm@proton.me

View original content:https://www.prweb.com/releases/das-marketing-shares-concerns-over-corporate-service-experience-in-singapore-302456320.html

SOURCE Das Marketing International Pte. Ltd.

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