Organizations across many industries are harnessing the power of foundation models (FMs) and large language models (LLMs) to build generative AI applications to deliver new customer experiences, boost employee productivity, and drive innovation. Amazon Bedrock, a fully managed service that offers a choice of high-performing FMs from leading AI companies,Continue Reading
designer491 Cara Therapeutics (NASDAQ:CARA) stock closed 28% higher Thursday after it announced it had hired Piper Sandler as its financial advisor to help it explore strategic options. Cara’s (CARA) board has also approved a cash savings plan for the company, which had around $70M in cash and equivalents as ofContinue Reading
AEON Biopharma (NYSE:AEON) on Tuesday said that it had announced plans to advance a single clinical development study in cervical dystonia for ABP-450 injection, utilizing the 351(k) regulatory pathway for biosimilars with BOTOX ((onabotulinumtoxinA)) as the reference product. The company added that under the 351(k) biosimilar regulatory pathway, its plansContinue Reading
omersukrugoksu/iStock via Getty Images U Power Limited (NASDAQ:UCAR) announced on Wednesday that it had signed a memorandum of understanding with Pattaya AI Terminal to jointly drive the strategic development of green logistics and electric vehicle infrastructure in Thailand. The company expects the joint venture will provide electrified solutions for Thailand’sContinue Reading
New York, New York, July 2nd, 2024, Chainwire Cartesi, a modular execution layer protocol that equips developers with access to a full Linux environment, and Avail, a modular blockchain framework designed to unify web3 and optimize data availability (DA) for scalable and customizable applications, are pleased to announce a closeContinue Reading
Zhanna Hapanovich TRACON Pharmaceuticals (OTC:TCON) said it is discontinuing development of its oncology drug candidate envafolimab after a key clinical trial failed to meet its primary endpoint and will concentrate instead on exploring strategic alternatives for the company. TRACON said that the study, ENVASARC, failed to meet its primary endpointContinue Reading
MTStock Studio/E+ via Getty Images Lotus Technology (NASDAQ:LOT) has entered into a convertible bond agreement with an aggregate principal amount of approximately $110 million, through a private placement from its existing strategic shareholder, it said Monday after market. The expected funds from the investment will further strengthen the company’s cashContinue Reading
Luxembourg, Luxembourg, June 24th, 2024, Chainwire Blocktrade is excited to announce that it has been acquired by a group of seasoned fintech investors from Estonia. This acquisition marks a significant milestone for all parties and sets the stage for an exciting future of innovation and growth. Under the new leadership,Continue Reading
Miami, FL, June 21st, 2024, Chainwire Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community. A key factor behind FLOKI’s prominence is its strong community support. Notable mentions include aContinue Reading
Amazon Translate is a neural machine translation service that delivers fast, high quality, affordable, and customizable language translation. Amazon Translate supports 75 languages and 5,550 language pairs. For the latest list, see the Amazon Translate Developer Guide. A key benefit of Amazon Translate is its speed and scalability. It canContinue Reading
