Monthly Archives: January 2025

XAgent AI Inc. Revolutionizes Procurement with Cutting-Edge Intelligent Bidding Technology

SAN JOSE, Calif., Jan. 3, 2025 — XAgent AI Inc., a leader in bidding and procurement innovation, announces the launch of its groundbreaking automated intelligent bidding platform. This innovative solution integrates three pioneering technologies: a Vertical LLM for Procurement, a Multi-Agent System for Bidding, and Big Data in Procurement. Together, these advancements redefine efficiency, accuracy, and strategic decision-making in procurement.

Revolutionary Technologies Driving the Platform

  • Vertical LLM for Procurement: XAgent’s proprietary language model, tailored exclusively for procurement, delivers enhanced semantic understanding and content generation for bidding documents, ensuring unmatched precision and speed.
  • Multi-Agent System for Bidding: This state-of-the-art system simulates multiple agents to coordinate complex bidding processes seamlessly, fostering collaboration and boosting accuracy.
  • Big Data in Procurement: Powered by the largest procurement big data system—capturing over 55,000 daily entries—XAgent provides users with actionable insights to drive smarter, more strategic bidding decisions.

Unmatched Credibility and Global Standards

XAgent’s excellence is validated by certifications from esteemed organizations, including the United Nations Global Marketplace (UNGM), World AI Organization, World Blockchain Organization, and the World Federation of Free Trade Zones. These endorsements underscore the company’s adherence to rigorous global standards and its leadership in innovation.

Global Reach and Expertise

Operating under the brand name Wishbud for the past two years, XAgent AI Inc., headquartered in San Jose, California, has quickly established a global presence. The company is supported by affiliated entities in Canada, India, and Hong Kong, specializing in Procurement Big Data, Vertical LLMs, and Multi-Agent Systems.

“The international public procurement market, valued at $12-13 trillion in 2022, is projected to reach $16-19 trillion by 2027,” said Frank Zheng, Chairman of XAgent AI Inc. “This unprecedented growth positions us as a transformative force, delivering exceptional solutions and significant returns for our investors.”

“Procurement systems can be daunting for many enterprises, leading to missed opportunities,” said Helen Huang, CEO of XAgent AI Inc. “Our intelligent bidding platform eliminates these barriers, empowering businesses to excel in the competitive global procurement landscape.”

Positioned for Growth

To accelerate its impact, XAgent AI Inc. is raising $10 million to enhance its Procurement Big Data infrastructure, refine algorithms, and expand platform scalability. With its innovative use of Vertical LLMs and Multi-Agent Systems, the company is primed for rapid growth and industry disruption.

Discover how XAgent AI Inc. can transform your procurement strategy. Visit www.xagent.biz or contact Helen Huang at [email protected] to learn more.

About XAgent AI Inc.

XAgent AI Inc. specializes in intelligent bidding solutions that leverage state-of-the-art technologies to revolutionize global procurement. By combining innovation, compliance, and strategic insight, XAgent is redefining the future of procurement.

Media Contact:

Frank Zheng

+17789028620

[email protected]

SOURCE XAgent AI Inc.

Rembrand Announces $23 Million Series A Financing Round Led by super{set}, Joining The Trade Desk, Naver Corporation, & Existing Investors

Funding represents support for the growth of In-Scene Media and Virtual Product Placement across more content types (including professional CTV content) and more access methods (including SaaS licensing of AI Studio as well as a free open access version that is widely accessible).

PALO ALTO, Calif., Jan. 2, 2025 — Rembrand, the leading innovator in In-Scene Media and Virtual Product Placement technology, today announced it has raised $23 million in Series A financing to expand and fuel the already rapid growth of the company. The round was led by super{set} and included participation from The Trade Desk and Naver D2SF plus existing investors such as BOLD, the corporate venture capital fund of L’Oréal; Greycroft and others.

This funding round marks an unprecedented show of support for Rembrand, securing investment from key players across the advertising ecosystem, including advertisers, platforms, media companies, and talent agencies. The investment further solidifies Rembrand’s position as the leading company driving the creation and growth of In-Scene Media and Virtual Product Placement across all video formats, including the rapidly expanding Connected TV (CTV) market.

“We are thrilled to have the backing of such a distinguished group of investors,” said Omar Tawakol, Rembrand CEO and co-founder. “This funding will enable us to accelerate our growth, expand our team, and continue to innovate our technology platform to meet the evolving needs of advertisers and content owners across the broader video marketplace.”

Rembrand’s AI-powered technology seamlessly integrates brands into video content, providing a non-intrusive and engaging advertising experience for viewers. The company’s platform offers a range of benefits for advertisers, including increased brand awareness, improved engagement, and access to premium video inventory with longer time-on-screen and additional ways of generating attention using AI tools.

Tom Chavez, Co-Founder and General Partner at super{set} added, “Rembrand is at the forefront of a major shift utilizing AI in advertising, and we are excited to partner with them as they scale their business and transform the way brands connect with consumers.”

With the continued growth of CTV and the increasing demand for non-intrusive advertising formats, Rembrand is poised for significant expansion. The company’s Series A funding will enable it to capitalize on this market opportunity and solidify its position as the leader in In-Scene Media and Virtual Product Placement.

About Rembrand
Rembrand is the leading In-Scene Media and Virtual Product Placement platform, using AI to seamlessly integrate brands into video content. The company’s technology provides a non-intrusive and engaging advertising experience for viewers while delivering increased brand awareness and improved engagement for advertisers. Rembrand works with a vast network of global content owners and media companies to deliver unparalleled reach and scale for its brand partners.

Media Contact:
Stephanie Hall, Pitch Public Relations
[email protected]
480-216-5422

SOURCE Rembrand

DayOne Launches as an Independent Global Data Center Pioneer Following Series B Funding Closure

SINGAPORE, Jan. 1, 2025 DayOne, a leading global data center pioneer, officially launched as an independent group on January 1, 2025, ushering in a transformative new era following the successful completion of its series B funding, led by renowned global investment institutions. Formerly operating as GDS International (GDSI), DayOne, founded in 2022 and headquartered in Singapore, has built a proven track record of creating and scaling markets across Asia-Pacific and beyond, driving digital transformation and enhancing regional connectivity.

The brand name “DayOne” encapsulates the company’s entrepreneurial spirit and relentless focus on customers, innovation, and growth. It signifies a mindset of respecting each day as an opportunity to embrace new possibilities, create impactful solutions, and deliver value across the markets we operate in. Inspired by its legacy of pioneering digital infrastructure and unlocking markets, “DayOne” represents a forward-looking commitment to empowering industry leaders with next-generation infrastructure solutions. Guided by humility and a deep reverence for our work and the industries we serve, “DayOne” is dedicated to creating value for all—spanning customers, business partners, investors, employees, and the communities we support.

Over the past year, DayOne secured approximately USD $1.9 billion through its Series A and Series B equity rounds, backed by world-class investors such as SoftBank Vision Fund, Kenneth Griffin, CEO of Citadel, Coatue Management, and Baupost Group.

These investments have not only underscored confidence in DayOne’s ability to deliver reliable, scalable, and sustainable digital infrastructure solutions but have also paved the way for its transformation into an autonomous entity. DayOne’s autonomy spans corporate governance, operations, finance, and technology functions. Its governance is further strengthened by a globally experienced and diverse board, with over half comprising independent investor directors.

Adding to its strategic depth, DayOne recently welcomed three esteemed board leaders: Lim Ah Doo, Co-Chairman of the Board and Chairman of Olam Group Limited; and board advisors Ken Miyauchi, former President & CEO of SoftBank Corp., and Bob McCooey, Vice Chairman of Nasdaq. This robust governance framework ensures balanced decision-making aligned with international best practices, laying a solid foundation for sustainable growth and long-term value creation.        

“The trust from our investors speaks volumes about the strength of DayOne’s vision and our ability to deliver transformative results in a rapidly evolving industry,” said William Huang, Chairman of DayOne. “This transformation goes beyond operational independence— it solidifies our role as a leader in setting new industry benchmarks, advancing regional digital growth, and championing sustainable innovation.”

Jamie Khoo, CEO of DayOne, said: “DayOne represents more than a new name—it’s a commitment to leading with purpose, agility, and innovation. Our focus is on delivering cutting-edge digital infrastructure that propels industries and communities forward. This new chapter empowers us to create lasting impacts on economies and build a future-ready digital ecosystem.”

Gary Wojtaszek, Vice-Chairman of the Board and former President and CEO of CyrusOne, stated: “The formation of DayOne marks a pivotal moment for the industry. Backed by a forward-thinking board and an exceptional leadership team, DayOne is set to redefine digital infrastructure and establish new benchmarks in the sector.”

Operating across key markets such as Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong SAR, and Tokyo, DayOne combines deep local expertise with a global vision to meet the growing demands of hyperscalers and enterprises. Its innovative strategies, such as the SIJORI market creation, integrate the strengths of Singapore, Johor, and Batam to deliver interconnected, scalable, low-latency, and sustainable digital infrastructure solutions.

DayOne’s competitive edge lies in its ability to anticipate market demands and deliver customer-centric solutions. With a focus on innovation, the company consistently sets industry benchmarks in speed, scalability, and execution. Its sustainability efforts include cutting-edge cooling technologies, renewable energy adoption, and green building designs aimed at reducing environmental impact and enhancing operational resilience.

Looking ahead, DayOne envisions a future where digital infrastructure fuels economic transformation and accelerates global connectivity. By integrating sustainability with advanced technology, DayOne is poised to drive innovation and empower industries worldwide.

About DayOne

DayOne is a data center pioneer that develops and operates next-gen digital infrastructure for industry leaders who demand reliable, cost-effective and quickly scalable solutions.

Our cutting-edge facilities empower hyperscalers and large enterprises to achieve rapid deployment and enhance connectivity, driving transformative engagement and innovation as we shape the future of industries. DayOne’s data centers are located across key markets, including Singapore, Johor (Malaysia), Batam (Indonesia), Greater Bangkok, Hong Kong SAR, Tokyo, and beyond.

Headquartered in Singapore, DayOne’s leadership team draws on over two decades of industry experience and a track record of building Asia’s largest data center business. With DayOne, they have created the SIJORI (Singapore, Johor, and Riau Islands) market as a global data center hub.

As demand for strategically located and customized data centers rises, DayOne’s entrepreneurial spirit, customer-first strategy, deep local partnerships, and agile executional capabilities uniquely position us to power the growth ambitions of leading hyperscalers and large enterprises around the world.

SOURCE DayOne Data Centers