Latest Innovation Adds to Powerful Compute-as-a-Service Platform, Optimizing Computing Power

SEATTLE, Nov. 25, 2024 /PRNewswire/ — Kinesis Network (“Kinesis”), a global compute optimization platform, announced a new serverless feature enabling enterprises to run workloads across a dynamic, multi-cloud environment. By accessing Kinesis’ serverless solution, enterprises reduce the cost and complexity of managing their infrastructure while gaining an infinitely scalable and always-on compute service capable of handling large volumes of compute requests. 

The new feature is part of the Kinesis platform that is revolutionizing how organizations unlock idle computing power to meet the growing demand for AI-related infrastructure. Kinesis pools and redistributes idle computing capacity to create a serverless, fully managed, highly secure, and cost-effective computing platform, eliminating power constraints and reducing costs. Kinesis clients save up to 90% on computing costs compared to other providers.

As AI and data-intensive research surge, the need for high-performance computing, particularly GPUs, has skyrocketed, leading to a severe shortage of affordable and accessible computing power. Kinesis’ pioneering Compute-as-a-Service platform connects underutilized GPU resources with a lower-cost, scalable cloud computing solution. By harnessing idle computing power, Kinesis is creating a new paradigm in computing power access and optimization.

Kinesis was founded by a team of industry veterans with deep expertise in cloud computing, AI, and blockchain technology. Baris Saydag, CEO and Chief Technology Officer, has an extensive background in blockchain technology, cyber security, and Web3 applications. Hamza AK, Chief Operating Officer, brings over 20 years of experience in the technology sector, including leadership roles at Microsoft and AWS. Bina Khimani, Chief Product Officer and Chief Revenue Officer, is a technology industry leader and a former AWS and IBM executive with experiences in Generative AI, Cloud Computing, and FinOps. The team has raised its pre-seed funding from leading investors, including Brilliant Minds.

“The compute access shortage is a critical bottleneck for AI innovation and scientific research,” said AK. “Our platform solves this growing issue by unlocking a vast, untapped reservoir of global computing power, making it accessible to any enterprise or organization. Our team brings a wealth of experience from AWS, IBM, and Microsoft, among others, and we are excited to scale our platform to meet the growing demand for innovative computing resources.”

Kinesis consolidates computing power globally to deliver:

Fully Managed Serverless Environment: Hassle-free infrastructure management capable of delivering large quantities of the latest and fastest GPUs.Secure Access: On-demand availability of a global network of the latest GPUs, including hard-to-find models in large quantities.Remarkable Cost Reduction: Savings of up to 90% compared to traditional cloud providers.Ultimate Flexibility: Pay-per-second billing, allowing users to scale their compute usage precisely to their needs.Sustainable Futures: Organizations can reduce their carbon footprints with optimized idle resources.

AI-centric companies currently spend up to 67% of their budgets on infrastructure. With the demand for AI-related infrastructure expected to reach $400 billion by 2027, Kinesis provides a sustainable solution to the computing shortage while reducing costs and friction.

Kinesis is seeing interest from Fortune 500 companies, academic institutions, and open-source research projects, demonstrating the broad appeal and effectiveness of its solution. Rare Compute, a pioneering biotech platform that aims to revolutionize rare disease research, is among Kinesis’ partners. 

“Rare Compute is focused on prioritizing the fight against rare diseases and fueling groundbreaking discoveries that will reshape our understanding of human biology. Our partnership with Kinesis empowers us to focus on advancing generative AI innovations in human genomics related to rare diseases while removing the bottlenecks related to infrastructure,” said Stanley Bishop, Head Scientist at Rare Compute.

Makoro.ai, a leading digital transformation solutions provider, and nCorium, which delivers critical real-time insights to airport operators, are among Kinesis’s many clients.    

“We are fueling enterprise-wide computing transformations, critical research projects, and the next generation of AI startups,” said Saydag. “There is strong and growing interest in our secure Compute-as-a-Service solution. We are in discussions with several leading companies and academic institutions about adopting our technology and are excited about our strong pipeline of partnerships.”

Kinesis solves the global compute access shortage, fostering a new era of AI innovation and scientific breakthroughs. “Generative AI is transforming industries, but scaling these workloads poses significant challenges for enterprises,” said Khimani. “At Kinesis, we’re removing barriers to accessing computing power, delivering enterprise-grade performance, seamless multi-cloud integration, and significant cost savings. By empowering businesses to optimize compute resources and access powerful GPUs, we enable them to accelerate innovation and unlock the full potential of AI. We invite businesses, researchers, and innovators to join us in driving the next wave of breakthroughs.”

About Kinesis Network

Kinesis Network is a revolutionary platform that solves the critical shortage of computing access for AI developers, researchers, and enterprises. By connecting GPU providers with those who need computing power, Kinesis makes high-performance computing more efficient and accessible. Trusted by enterprises, academic institutions, and research organizations, Kinesis democratizes access to the vital infrastructure needed for AI development and data-intensive research. For more information about how Kinesis Network solves the compute access shortage, visit https://kinesis.network/.

Media Contact
Sivan Ron
LoBello Communications
Sivan.Ron@LoBelloCommunications.com

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SOURCE Kinesis Network

Nearly 70% of FSA users have a December 31 use-it-or-lose-it deadline, and the average account holder will forfeit $440 because they did not spend FSA funds before this deadline

DALLAS, Nov. 25, 2024 /PRNewswire-PRWeb/ — Smart technology has become ubiquitous in our personal and professional lives, and is increasingly being used to help manage, detect, and monitor health concerns. As a result, the self-care device market is currently valued at $25.9 billion and is expected to reach $45.9 billion by 2033. Consumers who are enrolled in flexible spending accounts (FSAs) can use their tax-free funds to take advantage of this technology wave and purchase sought-after health devices from FSA Store®, the first and leading online store dedicated exclusively to selling FSA-eligible products and services.

“Technology can make managing conditions and everyday health more convenient, accurate, personalized, and fun,” said Keri Kaiser, chief revenue officer for Health-E Commerce®, parent brand to FSA Store. “It’s exciting to see FSA eligibility extend to cover devices that treat such a wide variety of needs, and FSA Store is proud to offer top products and brands to help account holders responsibly spend remaining FSA funds before the use-it-or-lose-it deadline.”

In addition to high-tech health devices, FSA Store carries more than 2,500 exclusively FSA-eligible products. To help consumers understand the December 31 FSA deadline, FSA Store offers an interactive deadline spending tool and searchable eligibility list.

10 “Hot” Health Tech Purchases With Your FSA

Dr Dennis Gross DRx SpectraLite™ FaceWare Pro. Perfect for all skin types, this light therapy device uses red and blue light to clear mild to moderate acne. It also prevents flare ups, and calms redness while reducing inflammation to improve skin complexion.Therabody RecoveryAir JetBoots. These compact boots provide both at-home and on-the-go recovery by temporarily increasing circulation to the treated area, delivering pain relief and promoting a faster recovery.Wave Full Body Circulation Plate from Caring Mill™ by Aura. This device is designed to enhance lymphatic drainage and effectively alleviate joint and back pain through a combination of customizable vibration settings and an ergonomic design.dpl® Oral Care Light Therapy System. This device provides targeted oral light therapy by using infrared, blue, and red light to relieve pain/soreness in the teeth and gums, while increasing circulation, and enhancing gum health.Revive Ultra Massage Gun from Caring Mill™ by Aura. This massager is designed to provide a rejuvenating experience, with adjustable intensity levels and interchangeable heads. Customizable for individual experiences to target specific muscle groups and alleviate tension.Ease Migraine and Eye Reliever from Caring Mill™ by Aura. This wearable device targets pressure points and heats up to 107° F, alleviating headaches and distress by melting tension and reducing eye strain.Bask Infrared Full Body Heat Wrap — Caring Mill™ by Aura. With a luxurious design and advanced infrared technology, this wrap provides full body heat support. Plus, It’s portable and easy to use both at home and on-the-go.WHOOP 4.0 Wearable Health & Activity Tracker. The WHOOP 4.0 Tracker monitors heart and respiratory rates, heart rate variability, temperature, oxygen levels, activities, sleep, and more.Palm Hand Therapy Device — Caring Mill™ by Aura. With advanced technology and a sleek minimalist design, the Palm Hand Therapy Device utilizes the powerful combination of heat and air compression to target tension in hand muscles, while providing relief from conditions like carpal tunnel and arthritis.Wush Pro Powered Ear Cleaner. A safe, effective, and gentle way to clean ears. This rechargeable, triple jet stream device gently loosens and prevents wax buildup, with 3 pressure settings, from a gentle clean to wax removal.

What is the FSA deadline? All FSAs have a deadline by which funds must be spent each year. The majority of employers that offer an FSA have a December 31 deadline, which means that employees who are enrolled in the FSA may need to spend all funds by December 31 with a few exceptions, otherwise unused funds will be forfeited. This December deadline is often referred to as the “use-it-or-lose-it deadline.”

About Health-E Commerce
Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill™, a popular private-label line of health products through which a portion of every purchase is donated to the Children’s Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses. 

Media Contact

Barbara Tabor, FSAStore.com, 651-230-9192, barbara@taborpr.com, FSAStore.com

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SOURCE FSAStore.com

SINGAPORE and TOKYO, Nov. 25, 2024 /PRNewswire/ — AI-prop, an innovative AI photo editing platform from Japan, is transforming U.S. real estate marketing by combining advanced AI technology with Japan’s famed precision and reliability. The platform empowers agents, brokers, and agencies to produce stunning visuals in seconds. With pricing starting at $1.20 per image or as low as $0.20 per image with a subscription, AI-prop ensures high-quality photo editing is both accessible and affordable. A free trial is also available for new users.

AI-prop’s core service includes AI-powered photo enhancements that optimize white balance, brightness, contrast, blue sky replacement, blurring of personal information, and composition. This automation delivers market-ready images instantly, helping real estate professionals save time while achieving professional results. Additionally, the platform offers an intuitive editor tool, allowing users to customize images to match their branding and style.

For more refined edits, AI-prop provides professional retouching services, combining the efficiency of AI with the craftsmanship of skilled editors. This feature caters to diverse needs, from enhancing interior shots to digitally staging properties, ensuring every photo is of magazine-quality standard.

“AI-prop is committed to delivering Japan-quality precision and innovation at a reasonable price to the U.S. real estate industry,” said Motohide Hashimoto, CEO of A-LEADS Group. “Our platform gives professionals the tools to create impactful listings quickly, helping them stand out in a competitive market.”

With its focus on affordability, efficiency, and versatility, AI-prop is reshaping property marketing. By providing solutions that captivate buyers and drive sales, the platform helps professionals make a lasting impression in an industry where first impressions are crucial.

For more information and to start your free trial, visit www.ai-prop.com or contact below AI-prop customer support cs@ai-prop.com.

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SOURCE A-LEADS HOLDINGS PTE. LTD.