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$MichelinArmy is the first blockchain token in the catering industry, Nicknamed the DOGEFOOD COIN

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$MichelinArmy is a community driven and fair launch token that thrives on memes.

$MA is fully decentralized and owned by community.

We will gradually bring together top chefs from all over the world. More and more starred restaurants will join us. If you like food, join us with no hesitation. Let’s create a unique restaurant industry legend together. 

Wherever you are, whatever your country, whatever your ethnicity, food is key to our lives. What happens if you combine blockchain and the catering industry? The MicheliArmy was created by a group of top chefs who enjoy life. We are bringing blockchain to life, combining it with food and aspiring to build a new future for all of us. We have a committed team and a strong social network. Join us and build our new future together.

In order to ensure sustainable price growth of the $MA token, we combine several the most advanced mechanism in the crypto-currency market. 

1. Every time a transaction occurs on the $MA chain, investors with a wallet balance greater than 1,500,000,000,000 $MA will be eligible for a lottery style draw.

2. The liquidity pool is self-growing.

3. 4% of each transaction is redistributed to token holders.

4. Carnival Moment: Every 4 hours, there will be a carnival moment double the probability of receiving a draw!

5. $MA Staking: You can participate in staking by purchasing MA.

6. 2% of each transaction burns which creates strong supply side pressure for price growth.

7. Lucky Doge: One lucky player will be selected every 4 hours to receive a give away of 0.05% token bonus.

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ToolsGroup and Scarpe&Scarpe to Present at upcoming eP Summit, April 9-10, Florence, Italy

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–News Direct–

ToolsGroup is excited to announce our participation in the upcoming eP Summit 2024, the Pitti Immagine event focused on the relationship between fashion and the digital world in Florence, Italy, on April 9-10. Additionally, we are thrilled to highlight the presence of one of our top retail customers in Italy, Scarpe&Scarpe, who will share their success story.

Marcello Pace, CEO of Scarpe&Scarpe, a major player in the retail of shoes and leather goods with over 100 stores across Italy, will discuss how the company is transforming its merchandising processes by integrating ToolsGroups AI-powered solutions. This revolutionary approach has enabled Scarpe&Scarpe to optimize margins while minimizing overstock, resulting in significant business improvements.

Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. Facing the challenge of overstock and the need to enhance sell-through rates, PittaRosso implemented an automated markdown optimization solution leveraging historical sales data, comprehensive market insights, and inventory analytics. Within just two months of adopting ToolsGroups AI-driven solution, PittaRosso experienced a remarkable +14.3% increase in sell-through, alongside improved inventory efficiency, contributing to a 4.2 million boost in the overall margin. Paces success in generating growth for PittaRosso through revolutionary AI was the foundation for his vision towards achieving a similarly transformative impact at Scarpe&Scarpe.

Marcello Pace commented, We urgently needed a strategy to maximize margin and sell-through rates. Within just months, ToolsGroups AI-powered solution provided tangible results, perfectly aligning with our inventory and growth objectives. Embracing digital transformation is crucial for our brands retail expansion, and ToolsGroup emerged as the ideal technological partner to enhance our revenue and margin growth.

Inna Kuznetsova, CEO of ToolsGroup, emphasized, Scarpe&Scarpe's success embodies todays AI powered revolution in retail and supply chain planning technologies. The immediate business impact they observed is a testament to how real-time decision making not only adapts to an unpredictable market, but enables businesses to thrive in it. It's a privilege to partner with Scarpe&Scarpe on their innovation and digital transformation journey. Together, we're paving the way for smarter, more sustainable growth.

Curious to learn more about ToolsGroups retail planning solutions? Book a meeting with us at the link https://www.toolsgroup.com/events/ and visit our booth A/5 at eP Summit on April 9-10 at Stazione Leopolda, Florence.

About Scarpe&Scarpe

From the 1960s to today, from retail to specialized distribution, the Scarpe&Scarpe brand has been the protagonist of great changes while remaining faithful to its mission. The variety of proposals, the quality of materials and the competitiveness of prices have always characterized the entire production of a company which, through targeted investments and constant attention to competitive scenarios, has been able to conquer the Italian market by responding to the needs of the public in always effective manner. Today, thanks to the strong identity of the brand, the effectiveness of the entrepreneurial strategies, the careful planning of the format of the exhibition spaces and the qualification of the sales staff, Scarpe&Scarpe is a consolidated and successful commercial reality, as explicitly demonstrated by the data on its dimensions. In fact, the brand currently has over 100 stores distributed across the country and relies on the collaboration of 1300 employees.

About ToolsGroup

ToolsGroups innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com.

Contact Details

Meir Kahtan

+1 917-864-0800

[email protected]

Company Website

https://www.toolsgroup.com

View source version on newsdirect.com: https://newsdirect.com/news/toolsgroup-and-scarpeandscarpe-to-present-at-upcoming-ep-summit-april-9-10-florence-italy-840694558

ToolsGroup

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Algernon Pharmaceuticals Strikes Deal to Advance Ifenprodil in Chronic Cough Treatment

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–News Direct–

Algernon Pharmaceuticals CEO Christopher Moreau joined Steve Darling from Proactive to announce a significant agreement regarding the company's drug, Ifenprodil with U.S. Based Seyltx. Originally discovered in Japan and not utilized in the US or Europe, Ifenprodil was initially developed to treat intermittent claudication but found application in Japan for vertigo post-stroke. Dr. Mark Williams, Algernon's co-founder, identified Ifenprodil's potential for repurposing in new markets, particularly for Idiopathic Pulmonary Fibrosis (IPF) and chronic cough, a symptom associated with IPF.

During the interview, Moreau disclosed that the company has entered into a transformative agreement with a private US firm, granting them rights to advance Ifenprodil through a Phase 2b study targeting chronic cough. This agreement provides Algernon with a 20% interest in the acquiring company and a $2 million U.S. cash infusion. This financial injection strengthens Algernon's financial position and enables it to focus on other projects, including a promising study on DMT for stroke treatment.

The agreement represents a pivotal moment for Algernon, positioning Ifenprodil for further development in a market with significant potential. Moreover, it allows Algernon to concentrate on advancing its broader drug development pipeline, ensuring the company remains at the forefront of innovation in the pharmaceutical industry.

In summary, the agreement concerning Ifenprodil marks a significant milestone for Algernon Pharmaceuticals, underscoring its commitment to advancing novel treatments and maximizing shareholder value. With a strengthened financial position and a focus on strategic initiatives, Algernon is well-positioned for future growth and success in the competitive pharmaceutical landscape.

Contact Details

Proactive North America

Proactive North America

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/algernon-pharmaceuticals-strikes-deal-to-advance-ifenprodil-in-chronic-cough-treatment-714219688

Algernon Pharmaceuticals Inc.

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The Next Wave Of AI? How Hailos Edge AI Chips May Help Transform The Industry

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–News Direct–

By Meg Flippin, Benzinga

To find out how Hailo is taking AI chips out of data centers and into devices, click here.
To find out how Hailo is taking AI chips out of data centers and into devices, click here.

Artificial intelligence is no longer restricted to big data centers, crunching complex data sets to help businesses increase productivity and improve processes. It is becoming ubiquitous as more use cases for this transformative technology emerge. One only has to look to Microsoft Corp.s (NASDAQ: MSFT) Copilot and OpenAIs ChatGPT for evidence. Relying on a large language model, the chatbots enable users to research and write content in seconds. Thats just one example of how AI is becoming more mainstream.

Were in the IBM mainframe era of AI, with the giant data centers representing a few giant computers that dominated the scene during the mainframe era, George Gilder, the well-known investment advisor who has often been ahead of trends and predicted the world would shift to a decentralized model, said during a webinar for the community and the Gilder Private Reserve subscribers. I think AI is going to be in every smartphone and every pocket, and it's going to be distributed through the Internet of Things. It's going to be ubiquitous. It's really a new IO for the new technology platform of the age.

Hailo Sits On The Edge

That shift to decentralized AI where it no longer lives in the cloud or isolated in a data center, but rather on the edge, is where Hailo, the Israeli semiconductor startup, is operating. It sees a big opportunity for newcomers like itself to take advantage of the natural progression of AI.

AI is learning from examples, contrary to plastic computers which are just being given a very specific set of rules. Its kind of intuition versus logic, Orr Danon, CEO at Hailo, said during an interview portion of the webinar with John Schroeder of the Gilder Private Reserve. Its a huge pivot in the kind of technology you need to implement this. Its an opportunity for a new player to come and emerge and take a significant market share. And that's exactly what we are doing in the company.

It is a big and growing market opportunity. Danon said the global chip market is about $600 billion today and is projected to cross the $1 trillion per annum mark at the end of the decade. Hailo makes AI vision processors and AI accelerator chips designed to accelerate embedded deep learning applications on edge devices. The companys chips can be embedded in a variety of devices including autonomous vehicles, personal computers, smart cameras, robotics, industrial machinery, healthcare devices, drones and home appliances.

Hailo Does It Cheaper

While big chip companies like Nvidia Corp. (NASDAQ: NVDA) are focusing on making AI chips for data centers and cloud computing, Hailo is seeing growing demand for AI chips that sit on the edge, processing the data locally for use with everything from in a variety of devices including autonomous vehicles, personal computers, smart cameras, robotics, industrial machinery, healthcare devices and drones. Hailo says its chips are cheaper, more efficient and only require a few watts for power consumption. In comparison Nvidia's chip requires up to hundreds of watts, Hailo said.

The apps that you run are local. Of course, you use data that is connected to the cloud, but the majority of data crunching is being done locally. And that's exactly what we believe in, said Danon. This is very beneficial in terms of power consumption of the communication requirements. If you're doing anything that requires a response quickly, like a car moving and needing to understand what's going on around it, you have to be local. That means someday these edge AI chips will be able to make everyday devices even smarter whether it is a high-definition camera or a vacuum cleaner.

Are you looking for an AI investment that wont cost a fortune? Check out what the founders of Hailo are doing to revolutionize this transformative technology here.

Cloud Will Always Have Its Role

Thats not to say there wont be a need for the cloud when it comes to AI, its rather that they will complement each other and evolve. For example, cloud and big data centers will always be needed to train the AI, but when it comes to processing or performing the tasks the AI was trained to do, Hailo believes it will happen locally or on the edge. Danon said since the company launched in 2017, Hailo has seen the majority of AI deployments occurring outside of data centers and thats also happening with large language models like ChatGPT. Over the past few years, we've seen the first wave of AI, which is based on fundamentally machine learning models trained by massive amounts of data, said Danon. But now we're seeing the second wave emerge. And that is, generative AI, which we are seeing in things like ChatGPT.

AI is in its infancy, but its quickly moving outside of the big data center and into the devices we use every day. That presents a big opportunity for chip makers catering to this area of the market including Hailo. Interested in getting in on a startup before the second wave of AI takes off? Click here.

Featured photo courtesy of Hailo.

OurCrowd was started in 2013, driven by the idea that the business of building startups grows bigger and better when the global crowd gains access to VC-level investment opportunities.Today, OurCrowd is a global venture and alternative investing platform that empowers institutions and individuals to invest and engage in emerging companies. OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

Contact Details

Lisa Graston

[email protected]

Company Website

http://www.ourcrowd.com

View source version on newsdirect.com: https://newsdirect.com/news/the-next-wave-of-ai-how-hailos-edge-ai-chips-may-help-transform-the-industry-671090598

OurCrowd

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