#AI #Stock News: FatBrain AI (LZG International, Inc., OTCQB: $LZGI) Shareholder Update, Including 184% Q/Q Growth Momentum; @Fatbrainai #artificialintelligence

#AI #Stock News: FatBrain AI (LZG International, Inc., OTCQB: $LZGI) Shareholder Update, Including 184% Q/Q Growth Momentum; @Fatbrainai #artificialintelligence

 

NEW YORK, NY - November 21, 2022 (Investorideas.com Newswire) FatBrain AI (LZG International, Inc.) (OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for economic stars of tomorrow, issued a shareholder update from CEO Peter B. Ritz. The shareholder update is included in its entirety below and can be found on FatBrain AI's website at www.FatBrain.AI.

 

Read this news, featuring LZGI in full at https://www.investorideas.com/CO/LZGI/news/2023/01231Shareholder-Update.asp

Dear Fellow Shareholders of FatBrain AI (LZG International, Inc., OTCQB: LZGI):

 

On behalf of LZG International, Inc.'s ("LZGI" or "FatBrain AI") Board of Directors, our global solutions team and our clients, we are grateful and delighted to have you as a shareholder, a valued part of the FatBrain AI family.

 

I am pleased to share this update on where we stand and how we plan to advance as a business. I look forward to providing a similar update on a regular basis going forward.

 

We are in the next phase of FatBrain AI business evolution, integrating businesses we acquired with focus on AI solution development and delivery. Our assets now include over 480 developers and engineers, a subscription software AI enablement platform, and a delivery operation spanning three continents.

 

We are reporting over $6.9M in quarterly revenue, Sep-Nov 2022, reflecting a 184% Q/Q increase, with 81% gross margins Jun-Nov 2022. In Dec 2022, we gained over $6M in monthly revenue, while also paying down to zero a $1.7M working capital line.

 

We are focused on building one global team, integrating all our acquisitions into a scalable platform for organic growth. While we don't have plans for new acquisitions as we unify operations, we are tracking a $281M pipeline in new acquisitions across 21 businesses which score high on our accretive AI Solutions scale.The market for AI Solutions is growing, estimated at US$119.78B in 2022 and expected to hit US$1,597.1B by 2030 with a registered CAGR of 38.1% from 2022 to 2030. We have tripled investments into innovation, R&D and AI data solutions. This includes plans to commercialize the regional cloud and SME marketplace in specific geos, as well as FatGPT™ offerings for SMEs, building on the demand highlighted by Open AI's ChatGPT and Microsoft. For example, using our FatGPT™ AI solution business owners could in seconds gain key insights across all their SaaS data such as, "what is the most profitable product purchased by my best clients?" or "which five clients owe the most money?" or "who can work the night shift next Thursday?"

 

Our mission is to become the world's leading provider of AI solutions for emerging business stars of tomorrow. We greatly appreciate the confidence you have shown in us to date and we look forward to earning your continued support.

 

With kindest personal regards,

 

Peter B. Ritz

Co-founder and CEO

 

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on September 13, 2022. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are based entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

 

About FatBrain AI (LZG International, Inc., OTCQB:LZGI):

FatBrain AI provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (SMEs) to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud. FatBrain's global footprint includes design and development centers in the US, India, Kazakhstan and the UK.

 

For more information, please visit: https://www.fatbrain.ai

 

SOURCE: Lotus Ventures, Inc.

 

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#Data, #Security and #Privacy #Stocks in the News (NASDAQ: $SFET) (NASDAQ: $SPLK) (NASDAQ: $ZI) (NYSE: $SNOW) @SafeTGroupltd @splunk @SnowflakeDB @ZoomInfo

#Data, #Security and #Privacy #Stocks in the News  (NASDAQ: $SFET) (NASDAQ: $SPLK) (NASDAQ: $ZI) (NYSE: $SNOW) @SafeTGroupltd @splunk @SnowflakeDB @ZoomInfo

 

Vancouver, Kelowna, Delta, BC - January 18, 2023 - Investorideas.com, a leading investor news resource covering data extraction and data cloud stocks releases a special report on the growth of the industry featuring Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET).  As more industries become connected to wireless and wired networks, not only does data storage and management become important, but also data extraction and sorting as more and more companies utilize these new technologies to scale up productivity and efficiency.

 

Read this article, featuring SFET in full at https://www.investorideas.com/news/2023/defense/01181Data-Security-Privacy.asp

 

Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET), a global provider of cybersecurity and privacy solutions to consumers and enterprises, recently announced that NetNut Ltd, the Company's wholly owned subsidiary and enterprise privacy network unit, is expanding its presence into the price comparison market with new customers from the travel sector that operate price comparison websites (PCW).

 

These new customers will be utilizing NetNut’s solutions to improve their price comparison capabilities and offer their users seamless and competitive business analysis and increased productivity. These new partnerships will allow NetNut to tap into the growing PWC marketplace and further establish itself as a leading provider of proxy solutions.

 

"We are pleased to partner with new customers in the price comparison website market, as it allows us to further strengthen our presence in the travel industry, a competitive market for our customers. We are confident that our solutions will provide our customers with valuable benefits, allowing them to offer their users an efficient and competitive experience," said Shachar Daniel, Safe-T's Chief Executive Officer.

 

NetNut recently announced it has doubled its usage volume and processed over 36 billion customer's requests. The sharp increase in volume is a result of the onboarding of several strategic customers, as well as the expansion of NetNut's network and its ability to process billions of requests.

 

A recent news piece from MarketWatch discussed Safe-T Group’s record earnings stating that, “When it comes to Wall Street valuing companies, share prices are often imperfect representations of a company's performance – even more so in low-float companies where small trades can induce significant change. That appears to be the case with Safe-T Group Ltd., a global provider of cyber-security and privacy solutions to consumers and enterprises. Of course, calling the SFET share price imperfect needs supporting evidence. Fortunately, SFET provides plenty. Last month, the company reported what many in the current economic client can't: record-setting profits. In fact, its Q3 earnings were more than record-setting; they showed that SFET is in hypergrowth. Specifically, revenues for the three months that ended September 30, 2022, scored a record $4,812,000, an increase of 42% compared to last year. Growth was even more substantial on a nine-month comparison, with SFET posting a record level of $13,610,000, an increase of 109% from the same period in 2021. By the way, both of these measures exceeded guidance.”

 

The article continued, “Top-line growth isn't the only number that should be earning investors' attention, however, as SFET’s bottom line numbers are equally impressive. There, gross profit for the nine months surged by 143% to $7,360,000 over last year's comparable. For the three months ending September 30, gross profit scored $2,627,000, 47% higher than the previous year's period. The even better news is that investors should expect the bullish momentum behind SFET's growth to continue, a product of operating expense reductions that already resulted in a 25% reduction in net loss and a 30% decrease in Adjusted EBITDA Loss in Q3 compared to the second quarter of 2022. That shows what investors like to see: consecutive quarterly improvements.”

 

Data management and extraction continues to be validated, not only by the consumer market and their demands, but also with regards to global change. Splunk Inc. (NASDAQ:SPLK), the data platform leader for security and observability, last month released its second annual Global Impact Report. The report details the company's progress across four areas that matter most to Splunk and its stakeholders - social impact, ethical and inclusive growth, data responsibility and environmental sustainability.

 

"We believe that purpose-led impact work drives business growth and success benefiting our customers, stockholders and communities," said Scott Morgan, SVP, Chief Legal Officer, Global Affairs for Splunk. "We are proud of our progress in these areas and inspired by our customers and others, who count on us to help create resiliency in their digital operations and interactions. Splunk is committed to embedding important impact initiatives into our decision making and operations to create a more successful business and better world through bridging the data divide."

 

The 2022 Global Impact Report underscores Splunk's dedication to building and maturing its programs and initiatives, powered by and in service to the vision, passion and expectations of its customers, stockholders, employees and other stakeholders. Below are top highlights across the company's four-pillar Global Impact Strategy.

 

In FY22, Splunk launched the Splunk Strategic Giving program, providing over $1 million in unrestricted grants to nonprofit partners aligned with its mission to bridge the data divide- the division between those who have access to data and those who do not. One such recipient is TechVets, a U.K. nonprofit and programme in the Forces Employment Charity that helps veterans navigate the transition out of the military and into new civilian careers in technology. Splunk's funding and free technical training through its workforce development program enables TechVets to provide no-cost access to Splunk courses and certifications.

 

The Environmental Sustainability pillar of Splunk's Global Impact Strategy aims to identify, measure and reduce the environmental impacts of company operations by focusing on climate change, resource efficiency and environmentally-preferred purchasing.

 

In FY22, Splunk announced its intent to achieve net zero greenhouse gas emissions by 2050, as well as a commitment to set a suite of shorter-term science-based targets. Splunk's Global Impact Report provides a progress update of the company's Global Climate Resilience and Innovation strategy work to develop a net zero transition roadmap and set a suite of science-based emissions reduction targets.

 

One recent report titled, “Data Extraction Market Size, Share, Cost Structure Analysis And Forecast To 2030”, discussed what is driving the trend towards better data management and functionality. The article stated that a “Surge in adoption of big data and business analytics software by multiple organizations and need for dedicated storage systems for growing volume of data across the globe drive the growth of the market. In addition, numerous benefits provided by data extraction software fuels the market growth. Moreover, growing concerns regarding the quality of data and complexity in extracting data from various sources hamper the growth of the market. Furthermore, growth in adoption of AI in data extraction and emerging trends of adopting virtual data warehousing are anticipated to provide lucrative opportunities for the market expansion during the forecast period.”

 

Snowflake Inc. (NYSE: SNOW), the Data Cloud company, announced last year at its Snowday 2022 event, the final San Francisco stop on its Data Cloud World Tour, that they have seen continued growth across the Data Cloud ecosystem, driven in part by Snowflake’s cloud, data provider, services, technology, and Powered by Snowflake partners, alongside its customers.

 

Launched over two years ago, the Snowflake Partner Network continues to serve as the engine that fuels the growth of the Data Cloud ecosystem, unlocking the potential of the Data Cloud with a broad array of solutions, applications, and partners that help mobilize the world’s data.

 

"Together, Deloitte and Snowflake are supporting customers end-to-end through their data mobilization journeys," said Frank Farrall, Principal – Data and AI Alliances Leader, Deloitte Consulting LLP. "Our alliance with Snowflake allows us to be part of the process of helping to redefine the market for data technology, empowering our joint clients to achieve their digital innovation goals and unlock business value at scale."

 

 

"Earlier this year, Capital One entered the enterprise B2B software market with the launch of Capital One Software and our first product, Slingshot," said Salim Syed, VP and Head of Engineering, Capital One Software. "We chose to develop a Slingshot app for Snowflake Marketplace to further enhance the Slingshot customer experience and increase the time to value for our joint customers. The ease at which consumers can securely install and run applications directly in their Snowflake instances is of huge value to those building applications in Snowflake."

 

ZoomInfo Technologies Inc. (NASDAQ: ZI), a global leader in modern go-to-market software, data and intelligence, announced earning 29 No. 1 rankings across 87 grids in the G2 Winter 2023 Grid® Reports, setting a company record for top rankings and expanding its leadership in Enterprise categories.

 

Overall, the company received 198 awards in the G2 Winter 2023 reports, which also include G2’s Momentum Reports and Index Reports. ZoomInfo’s products secured No. 1 rankings in Buyer Intent Data, Sales Intelligence, Market Intelligence, Marketing Account Intelligence, Account Data Management, Lead Intelligence, Email Verification, Data Quality, and 21 other categories.

 

"ZoomInfo continues to expand the number of best-in-class functions inside our innovative platform to help revenue teams go to market," ZoomInfo Founder and CEO, Henry Schuck said. "We’re especially proud of how our products power enterprise businesses worldwide."

 

The Winter 2023 Grid® Reports are based on G2’s unique algorithm, which calculates customer satisfaction and market presence scores in real time, based on user reviews and data aggregated from online sources and social networks. ZoomInfo’s high placement in these categories underscores how best-in-class data feeds every step of a sales and marketing professional’s workflow.

 

It becomes clear that the future of many, if not all industries, will slowly become powered by one or the other of these data ecosystems and that this will become more and more of a necessity as technology continues to change the face of competition. Soon you may not even need to read these articles as a “powered by” app may provide a better understanding of market research by simply data scraping the news for you.

 

 

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Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Intellectual Properties Portfolio Update; #ArtificialIntelligence

 

 

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) Intellectual Properties Portfolio Update; #ArtificialIntelligence

 

Santa Monica, CA, January 18, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is pleased to provide  an update about its Intellectual Properties (“IP”) portfolio:

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/01181Intellectual-Properties-Portfolio.asp

 

In April 2020, GBT was forced to make the decision of changing the Company’s direction by developing a portfolio of intellectual property within the area of microchips technology and design*). The years 2019 and 2020 were compounded with recuring legal issues and COVID-19 restrictions creating extremely difficult times and challenges. GBT focused on its core competency in the area of Research & Development (“R&D”) creating an IP portfolio combined of patents, trade secrets and prototypes further defining GBT’s new mission.

 

GBT is now developing IP in areas which will leverage its competencies and experience with the goal of diversifying in various fast-growing semiconductor industries in today’s leading, growing market segments.

 

GBT currently holds 10 patents and has 25 submissions within in the following domains: tracking, 3-D Microchip Design (semiconductors), EDA Software Tools and subsets with, cyber security, ID, telehealth, AI, computer vision, IoT, mesh networks and sectors which it believes are in demand. The Company has been delivering a steady stream of new IPs for portfolio expansion developing new ideas and successful patents, over the past two years.

 

In 2020, GBT set a milestone goal of 25 patents by the end of 2023, and it exceeded the original timeline already. The following graph will visualize the progress GBT has made on the IP side.

 

Going forward, GBT will focus on expanding the families of various patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, one that will potentially diversify the risk within these areas:

 

1. Build a portfolio pipeline of IP related to microchip technology.
2. Seek to actively introduce this new technology to strategic partners, large companies and VC’s creating market opportunities.
3. Using market diversification to create access to new fields and future growth.

 

 

GBT Technology Inc IP Portfolio information

 

About US

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology ability and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Mansour Khatib, CEO
press@gopherprotocol.com

 

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*) As disclosed in the Company’s Form 8-K Current Report filed March 2, 2020, and in subsequent filing with the Securities and Exchange Commission, Discover Growth Fund, LLC (“Discover”) has asserted that it has sold all the Company’s assets** including potentially the assets, or some of it discussed in this Press Release letter. The Company is pursuing various legal remedies challenging Discover’s position that is has sold the Company’s assets of which there is no guarantee the Company will be successful in such challenge.

 

 

Breaking #Fintech #Stock News: AppTech (NASDAQ: $APCX) Regains #Nasdaq Minimum Bid Price Compliance; @AppTechCorp

Breaking #Fintech #Stock News: AppTech (NASDAQ: $APCX) Regains #Nasdaq Minimum Bid Price Compliance; @AppTechCorp

 

CARLSBAD, Calif. - January 18, 2023 (Investorideas.com Newswire) AppTech Payments Corp. (AppTech) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced that it has successfully cured the Nasdaq minimum bid price deficiency. Nasdaq has informed AppTech that its Panel has determined to continue the listing of the Company's securities on the Nasdaq Capital Market and is closing the matter.

 

Read this news, featuring APCX in full at https://www.investorideas.com/CO/APCX/news/2023/01181Nasdaq-Minimum-Bid-Price.asp

 

AppTech has regained Nasdaq compliance as it has had a closing bid price of above $1.00 per share for 10 consecutive business days. That requirement was met on January 3, 2023.

 

AppTech CEO, Luke D'Angelo states, "As we continue to grow our business model going into the new year, we are working towards value for our shareholders. In addition to expanding our team, we also have expanded major opportunities with exciting new B2B relationships that will soon be announced. With a strong balance sheet, coupled with our exceptional product and leadership teams, we are well-positioned to successfully execute our plans to become the premier Fintech SaaS platform powering high-conversion, immersive, commerce experiences for businesses and their customers worldwide."

 

AppTech was also recently viewed on Fox business as one of the best long-term companies to have in your five-year stock plan, seen here: http://video.foxbusiness.com/v/6317511890112/.

 

Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

 

About AppTech Payments Corp.

AppTech Payments Corp. (NASDAQ: APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with customizable, immersive commerce experiences. Commerse, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

 

Investor Relations Contact
Ben Shamsian
Lytham Partners, LLC
shamsian@lythampartners.com
646-829-9701

 

Media Contact
Sarah Bilyeu
KCD PR for AppTech Payments Corp.
AppTech@kcdpr.com
619-252-9111

 

AppTech Payments Corp.
info@apptechcorp.com
760-707-5959

 

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