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Kinesis Network Launches Serverless Feature to Solve Critical Computing Power Shortage for AI-Infrastructure

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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

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Cineverse Podcast Network Expands with Midnight Pulp and RetroCrush Audio Series, and New True Crime Show Creepy Places

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New Shows Join Top-10 Podcast Network as it Celebrates Record Growth Driven by Popular Horror Lineup Under the BloodyFM Sub-brand

LOS ANGELES, Nov. 25, 2024 /PRNewswire/ — Cineverse Podcast Network, the audio division of next-gen entertainment studio Cineverse (Nasdaq: CNVS), has today announced a major expansion that goes well beyond its horror roots. Now home to popular entertainment, true crime and horror podcasts, the Cineverse Podcast Network is well-positioned to build upon its recent success.

In fact, Cineverse has grown its podcast revenue 98% during the fiscal quarter that ended Sept. 30 year over year and 60% from the previous quarter. The Cineverse Podcast Network also recorded 15 million downloads and listens in October, setting a new monthly record.

Among the drivers of this growth is Creepy Places: A True Crime Podcast, which recently launched via a partnership between Cineverse’s fan-first horror brand Bloody Disgusting and host Jon Grilz. The popular show at the intersection of true crime and historical hauntings has attracted 1.3 million monthly downloads since premiering in September and joins other additions to Cineverse’s growing podcast portfolio:

The iconic horror brand Dead Meat brings its dedicated fan base and over 200 episodes to Cineverse with the recently signed Dead Meat Podcast, hosted by Chelsea Rebecca and James A. Janisse, creators of the Dead Meat YouTube channel with over 6.6 million subscribers.Extending Cineverse’s popular action/cult movie streaming brand of the same name, Midnight Pulp will premiere in 2025. Hosted by Diana Prince, who plays “Darcy the Mail Girl” on Shudder’s top series The Last Drive-in with Joe Bob Briggs, each episode of the podcast will explore an entry from the streaming video channel, with Prince taking questions from listeners on everything from relationship advice to movie recommendations.Following a soft launch earlier this year, RetroCrush is Cineverse’s first official podcast created for anime fans. Hosts Malcolm Crawford, C2 and “it’s Eman” – three well-known anime fans – explore the hidden gems and popular shows featured on Cineverse’s RetroCrush streaming channel in weekly episodes.

“From partnering with talent and IP that come with pre-existing fan bases, to leveraging our owned-and-operated brands like Bloody Disgusting, Midnight Pulp and RetroCrush – all part of the company through strategic acquisitions from the past few years – we have quietly built one of the industry’s top podcast networks,” said Cineverse President and Chief Strategy Officer Erick Opeka. “Creators and partners – including advertisers, platforms and studios – are seeing this success and now coming to us to explore opportunities to work together in audio, and we are well-positioned to grow even further in the new year.”

These new podcasts follow other recently released shows on the Cineverse Podcast Network:

Mayfair Watchers Society: The chart-topping fiction podcast returned in May with Season 2, featuring 24 episodes every other week. Created in partnership with Trevor Henderson, the author of Scarewaves and prominent horror artist, the series brings Henderson’s creatures to life and features a full cast, original music and immersive sound design.Nightmare Soup: The horror fiction anthology podcast also premiered earlier this year, taking listeners back to their favorite horror stories from childhood. Inspired by iconic books like Scary Stories to Tell in the Dark and Goosebumps, the 10-episode series airs every other Sunday.

Now home to more than 50 shows and ranking among the top 10 podcast networks by audience, the Cineverse Podcast Network has set the stage for significant ad sales growth over the next few quarters.

ABOUT CINEVERSE

On a mission to uplift storytellers and entertain fans with the power of technology, Cineverse  (NASDAQ: CNVS) distributes over 71,000 premium films, series, and podcasts. Engaging over 150 million unique monthly users, Cineverse delivers more than one billion minutes of curated content each month – connecting fans with stories that resonate.

With properties like the box office sensation Terrifier 3, iconic horror destination Bloody Disgusting, the Bob Ross Channel, women’s entertainment channel Dove, and a leading podcast network, Cineverse is the first stop for audiences seeking authentic and experiential content. From a vibrant range of content and fandom channels, to next-gen advertising offerings and streaming solutions, Cineverse is setting the stage for a new era of entertainment.

Press Contacts:

For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com

For Investors
Julie Milstead, investorrelations@cineverse.com

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SOURCE Cineverse Corp.

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Neighborly Appoints Stacy Lynn Bourgeois as Chief Marketing Officer

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WACO, Texas, Nov. 25, 2024 /PRNewswire/ —  Neighborly®, the world’s largest home services company, today announced the appointment of Stacy Lynn Bourgeois as its new Chief Marketing Officer (CMO), effective December 2. She will serve as a member of Neighborly’s corporate leadership team and report directly to CEO Mike Davis.

Stacy Lynn brings a wide array of experience in business and brand strategy, organizational leadership, customer insight, data analytics, and marketing technology,” said Davis. “Her expertise and innovative approach to marketing will be instrumental in helping us better connect with our customers, differentiating our brands, making Neighborly and our service brands ridiculously easy to do business with while navigating an increasingly competitive landscape.”

The fanatical focus on the end consumer also serves Neighborly’s core mission of driving same-store sales growth with its franchise business owners. Bourgeois’ mixed background in both franchising and non-franchised business makes her uniquely qualified to deliver for both our customers, end-consumers, and franchise business owners.

Bourgeois is a strategic marketer who has driven double-digit growth while compiling a breadth of experiences. Throughout her career, she has launched new physical and digital products as well as a new restaurant concept at Yum! brands, stood up several new teams such as performance marketing and data science, implemented a new marketing technology stack, and led Pizza Hut through an agency review and countless creative campaigns.

She joins Neighborly from Amazon, where she broadened her scope from marketing to business more holistically in roles such as Global Head of Product, Quality & Operations for Amazon Renewed or U.S. Head of Musical Instruments. In her time with Amazon, she’s enhanced the discoverability of preowned products, increased conversion rates, simplified customer experience, improved operations, and owned a multibillion-dollar P&L. Even in general management-focused roles, she’s anchored on driving growth through the customer – such as offering free lessons with an instrument purchase on Amazon.

I am thrilled to be joining the incredible team at Neighborly and support our franchise owners,” said Bourgeois. “Customers invite Neighborly and our brands into their homes, which is deeply personal and requires tremendous trust. My goal is to earn this trust by listening to and innovating for customers in a way that builds lasting relationships with our amazing brands.”

Bourgeois will be based in Irving, Texas.

About Neighborly®

Neighborly® is the world’s largest home services company with more than 30 brands and 5,500 franchises collectively serving 14 million+ customers by repairing, maintaining, and enhancing their homes and businesses. Through Neighborly.com and the Neighborly mobile app, we connect consumers to local service providers that meet rigorous franchisor standards across 19 service categories. More information about Neighborly, and its franchise concepts, is available at Neighborlybrands.com. To learn about franchising opportunities with Neighborly, click here.

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SOURCE Neighborly

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EHA Highlights Commitment to Innovation and Collaboration at ASH Annual Meeting

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THE HAGUE, Netherlands, Nov. 25, 2024 /PRNewswire/ — The European Hematology Association (EHA) will showcase its dedication to advancing research and fostering collaboration at the 66th American Society of Hematology (ASH) Annual Meeting and Exposition from December 7-10, 2024, in San Diego, California, USA.

The partnership between EHA and ASH is testament to both organizations’ commitment to progress and improving patient care. The EHA-ASH Joint Symposium, scheduled for Sunday, December 8 from 12:30-13:30 (PDT), will focus on myelodysplastic syndromes, showcasing expert insights from Amy DeZern of Johns Hopkins University and Matteo Della Porta of Humanitas Cancer Center. EHA President Antonio Almeida remarked, “The collaboration between EHA and ASH holds immense significance for the global medical community. Both organizations serve as pivotal platforms for advancing the understanding, research, education, and treatment of blood disorders. […] By combining our strengths, together, we can enhance research, education, advocacy, and patient care, generating significant benefits that resonate across nations and communities.” This joint session is another milestone in a fruitful collaboration that continues to shape the future of hematology.

In 2024, EHA reached unprecedented levels of engagement, connecting more professionals than ever. Membership surged by 25%, bringing EHA’s community to over 8,300 members, and the EHA2024 Congress attracted a record-breaking 17,900 delegates. This growth reflects EHA’s commitment to a member-focused approach, empowering professionals to exchange knowledge, collaborate on research, and share best practices on a global scale.

HemaSphere, EHA’s peer-reviewed journal, has recently achieved a significant milestone with a 2023 Impact Factor of 11.9, ranking it seventh among hematology journals globally. This development is a testament to the high-quality, cutting-edge research that HemaSphere publishes and its value to the hematology community.

With a vision for “Borderless Hematology,” EHA will continue to drive global connectivity, innovation, and excellence.

ASH delegates are invited to learn about EHA at booth #300.

About EHA

The European Hematology Association (EHA) is a membership organization serving a community of over 8,000 medical professionals, researchers, and scientists with an active interest in hematology. EHA is the largest Europe-based organization connecting hematologists worldwide and supports career development and research, harmonizes hematology education, and advocates for hematologists and hematology.

Website: www.ehaweb.org

“Towards prevention, cure, and quality of life for all patients with blood disorders”.

Logo – https://mma.prnewswire.com/media/2461261/4811631/European_Hematology_Association_Logo.jpg 

View original content:https://www.prnewswire.com/news-releases/eha-highlights-commitment-to-innovation-and-collaboration-at-ash-annual-meeting-302313636.html

SOURCE European Hematology Association (EHA)

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