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Domino and NetApp Unite Enterprise Data and AI to Unlock Transformational Innovation

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Strategic collaboration delivers data science and IT teams a common platform and processes for AI across the hybrid cloud, aligned with business objectives and without compromises

LAS VEGAS, Sept. 24, 2024 /PRNewswire/ — Today at NetApp INSIGHT, Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, and NetApp, the intelligent data infrastructure company, announced a strategic collaboration to help enterprises unlock AI’s full transformative power using NetApp’s advanced hybrid file storage technology in Domino. For the first time, companies can use one platform to manage both workloads and data movement in the hybrid cloud as well as across environments — making data AI-ready anytime, anywhere and simultaneously scaling data and AI, all with the efficiency, portability, and auditability required by enterprises.

AI’s transformational power remains elusive because enterprises compromise their AI initiatives. Data scientists and IT operate in silos where valuable resources, effort and time are spent trying to scale AI. These initiatives lack the security and efficiency to innovate at the pace business leaders expect, and fall short of governance to comply with policies and regulations. The result is increased risk, excessive costs and lost revenue opportunities. By combining enterprise data and AI management across the AI lifecycle, Domino and NetApp are opening the path for new strategies devoid of such compromises.

“Enterprises cannot capture AI’s opportunity without a unified approach to data and models,” said Jonsi Stefansson, SVP and CTO, Cloud Operations at NetApp. “Intelligent data infrastructure from NetApp helps customers more easily manage their data across a hybrid cloud estate for AI training and inferencing. Our collaboration with Domino allows organizations with a single advanced, unified AI and data stack to scale AI innovation easily, quickly, safely and responsibly across the world’s largest clouds.”

The two companies will co-develop a joint capability streamlining hybrid data and AI operations – allowing data scientists using Domino to provision and share high-performance storage volumes across cloud and on-premises environments with a single click. Powered by NetApp ONTAP and BlueXP™, the integration will offer industry-leading snapshotting, caching, and synchronization features, ensuring full data traceability and model reproducibility—a critical requirement for preserving audit trails and meeting regulatory compliance. With seamless access to data, AI developers can innovate on models faster while simultaneously satisfying IT needs for secure data management.

“AI innovation stalls when teams must balance it with technical complexity and governance,” said Nick Elprin, co-founder and CEO of Domino. “Together with NetApp, we’re smashing these barriers, helping our customers unleash AI’s full potential immediately.”

“Enterprises have invested heavily in big data, analytics, and cloud-based initiatives over the past decade, yet many still struggle to unlock the full potential of AI,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “Cohesive methods for orchestrating models across any infrastructure and governing data precisely is key for responsible and efficient AI deployment.”

The joint Domino and NetApp solution also eliminates the need to choose between velocity and enterprise readiness, innovation and risk management, or value and return on investment (ROI) of AI initiatives. It does this by creating a common operating environment across all data and models, integration with the world’s largest clouds, and a common control plane – coupled tightly with the AI model development lifecycle to streamline the AI and data lifecycle. This allows enterprises to:

Scale AI and data simultaneously across any infrastructure. Costly data movements or delays impede data, infrastructure, and tool orchestration. Efficient data movement and replication, powered by NetApp ONTAP, makes that data instantly and securely available at scale on the infrastructure where it’s needed for training and inferencing of models, with full resilience and security. Teams can co-locate data, infrastructure, and AI tooling with seamless cloud bursting to accelerate AI projects, ensure compliance with data sovereignty regulations, and drive cost-efficient cloud or repatriation strategies.

End-to-end AI and data governance to trust AI at enterprise scale. Joint governance capabilities enable full traceability, reproducibility, and auditability of all data, including metadata and artifacts. Domino captures this data from users and systems, while NetApp ONTAP’s efficient snapshotting capabilities ensure full data provenance via immutable dataset copies, visibility on policy compliance, and enable audits without disrupting the AI lifecycle. This unprecedented governance scope spanning AI and data saves time lost to forensics, compliance assessments, and risk mitigation.

Put enterprise data at the fingertips of data scientists and AI builders. NetApp’s innovative Data Explorer will power an unprecedented abstraction of underlying infrastructure allowing data scientists to directly search and access available enterprise data anytime, anywhere without delay as they build models and processes. This shrinks AI project timelines and prevents the need for data engineering.

The collaboration’s foundational capability, Domino Cloud running on Amazon FSx for NetApp’s ONTAP, is available today, offering customers:

Curation and sharing of robust, versioned data resources allowing data scientists to collaboratively iterate on model development faster, with write speeds improved by 417% and read speeds by 94% – reducing data loading times, training delays, and retrieval-augmented generation (RAG) inefficiencies—maximizing the return on AI projects and infrastructure investments.Efficient migration of data between on-premises and cloud environments with NetApp FlexCache® technology, ensuring just-in-time availability, optimized performance, and consistent model governance across environments with Domino.Storage that grows and shrinks automatically based on needs, with integrated enterprise-grade security and no manual setup or maintenance.

Availability
Domino Cloud powered by Amazon FSx for NetApp ONTAP is available now on AWS Marketplace. Additional capabilities will be available in early 2025. 

Additional Resources

Learn more about Domino’s partnership with NetApp.Learn to unlock the full potential of AI with Domino and NetApp in a new NetApp Community blog.Learn more about the latest innovations in the Domino Enterprise AI Platform.Follow Domino on LinkedIn and X/Twitter.

About Domino Data Lab

Domino Data Lab empowers the largest AI-driven enterprises to build and operate AI at scale. Domino’s Enterprise AI Platform unifies the flexibility AI teams want with the visibility and control the enterprise requires. Domino enables a repeatable and agile ML lifecycle for faster, responsible AI impact with lower costs. With Domino, global enterprises can develop better medicines, grow more productive crops, develop more competitive products, and more. Founded in 2013, Domino is backed by Sequoia Capital, Coatue Management, NVIDIA, Snowflake, and other leading investors. Learn more at www.domino.ai.

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SOURCE Domino Data Lab

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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