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REM People raises US$12M investment from US-based Ethos Asset Management

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REM People, a new-generation retail analytics company providing AI-powered omnichannel retail execution management services in more than 50 countries, has accessed its first overseas investment from Ethos Asset Management Inc.

London – San Diego, USA-based project finance and investment company Ethos Asset Management has announced a new partnership with Istanbul and Dubai headquartered REM People through a US$ 12 million investment. REM People will use these funds to expand their international network to 24 offices and to reward employees with bonuses, with the eventual goal of sharing 10% of company shares with their employees by implementing via an employee stock option program (ESOP).

Increasing international reach

Founded in Istanbul in 2015 by tech-entrepreneurs with a retail background, REM People received its first investment in December 2019; using these funds to support their strategy of international growth. Servicing over 50 countries from three regional offices in Dubai, London, and Istanbul, REM People works with 120 brands and retailers, each of which is a leader in its sector. The company increased the number of employees to 140 specialists, an increase of nearly 40% compared to the previous year.

REM People provides cutting edge AI-based technology, combined with live state-of-art business intelligence tools, which create actionable insights for all user levels. Deploying a holistic approach, they help clients track their ‘product journeys’ by monitoring retail merchandising operations and execution performance offline, online and via printed channels.

“The first leg of a long-term partnership”

On concluding what will be only the first step of a three-stage investment process, REM People Co-Founder and CEO Bulent Peker commented, “This is another important milestone in a journey that began in Istanbul in 2015. We intend to accelerate the scaling of our AI-based technology by investing these funds in AI-focused research and development activities, in our international expansion, in launching new products, as well as helping to establish a marketplace that provides one-stop retail analytics services for global consumer packaged goods companies and retailers. I’m also delighted that this investment is only the first leg of a long-term global partnership and expect to announce further investment rounds in the coming months.”

“REM People is an exciting project”

Carlos Santos, CEO of Ethos Asset Management Inc, stated,

“This is a unique, exciting and impactful project that is at the cutting edge of IT solutions. We were very impressed with the team at REM People, led by Bulent Peker, their vision and commitment to help brands ensure that their products are always available and visible in the shopping areas, where a remarkable space share is guaranteed, pricing is correct, planogram and other KPIs are compliant, and the competition is closely tracked.”

“We have full confidence in the REM People team”

Mustafa Kemal Genc, Ethos Associate, Attributed Holdings Inc (AHI), stated,

“The power of data is growing more each day. While it is relatively easy to measure data for online channels, making data meaningful in physical channels is still challenging. REM People offer a fresh approach to this problem and we are pleased to be a part of their journey and to help them reach their international goals.”

“We will continue investing in retail technologies”

Hans Kastensmith, Executive Director, Ethos, North and Central America, stated,

“It has been my pleasure to work with the Ethos, REM People, and AHI teams to bring this financing deal to a close. This marks another significant investment for Ethos in the retail space which has seen increased activity in 2022 and one we hope to continue expansion in 2023.”

About REM People:

REM People is a next-generation retail analytics company that provides AI-powered omnichannel retail execution management solutions. The most important feature that distinguishes REM People from its competitors is that it offers integrated solutions that enable consumer packaged goods companies and retailers to monitor their performance in all the channels in which they operate.

REM People helps its customers to track their ‘product journey’ by monitoring their retail execution and merchandising operations and their retail execution performance in offline, online, and printed channels. In addition to 3 SaaS software developed in the field of Retail Execution Management, it also offers ‘Artificial Intelligence-Based Advanced Analytics’ and ‘End-to-End Research/Measurement/Analysis Services’ based on demand.

Working with Abdi İbrahim, Al Marai, Americana, Anadolu Efes, Arçelik, Arla Foods, Bahlsen, Bayer, Bazooka, Beko, Bel Groupe, Betek Boya, BRF-One Foods, Carrefour, Coca-Cola, Danone, Edding, ETİ, Evyap, Expanscience, Exxen, Faber Castell, Fakir, Ferrero, Haribo, Hayat, Henkel, Huawei, IFFCO Group, Intel, Kellogg’s, Kraft-Heinz, Majid Al Futtaim, Mey-Diageo, Mezzan Foods, Microsoft, Mondelez, Nestlé, Nescafé Xpress, Nutricia, Opet, P&G, PepsiCo, Pernod Ricard, Peyman, Reckitt Benckiser, Red Bull, Seara, Shell, Sisecam, Solen, Starbucks, Tadim, Tat Gida, Tiryaki, Turk Tuborg, Turkcell, Turkcell Superonline and Unilever, REM People aims to increase client’s sales efficiency in more than 50 countries.

About Ethos Asset Management Inc:

Ethos Asset Management (Ethos) is an independent, US-based company with global reach in resource mobilization and project financing.

For more information, please visit https://www.ethosasset.com

For more information:

Echo İletişim – www.echoiletisim.com

İlker Pehlivan

 +90 535 747 30 12

[email protected]

Serkan Filiz

+90533 742 83 20

 [email protected]

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Quantum Computing Breakthrough: Data Security Implications

MIT’s new quantum algorithm could revolutionize data processing, posing significant challenges for current cryptographic systems. This article explores the implications for data security and potential solutions to counteract quantum threats.

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The recent breakthrough in quantum computing by researchers at MIT marks a pivotal moment in the field of data security. On August 19, 2026, Nature published the details of a new quantum algorithm capable of processing data at speeds previously unimaginable. While this innovation holds enormous potential for advancing machine learning and other computational fields, it simultaneously presents a formidable challenge to the current cryptographic systems relied upon to safeguard sensitive information.

At the core of contemporary data security is the reliance on encryption techniques that depend on the complexity of certain mathematical problems, such as the factoring of large numbers, which are currently infeasible for classical computers to solve within a practical timeframe. However, quantum computers, with their ability to perform calculations exponentially faster than traditional machines, threaten to render these encryption methods obsolete. This development could have profound implications for sectors that prioritize data security, including finance, healthcare, and government, where sensitive data is at risk of exposure.

The immediate concern for cybersecurity experts is the potential for quantum computers to crack widely used encryption protocols, such as RSA and ECC, which form the backbone of secure internet communications. The computational power unleashed by quantum algorithms could theoretically decrypt encrypted data in a fraction of the time required by classical computers, leaving digital communications vulnerable to interception and exploitation.

In response to this looming threat, researchers and industry experts are actively exploring the development of quantum-resistant algorithms. These algorithms are designed to withstand the capabilities of quantum computing, ensuring the confidentiality and integrity of data even in a post-quantum world. Efforts in this direction include the study of lattice-based cryptography, hash-based signatures, and multivariate polynomial equations as potential foundations for secure encryption systems.

The urgency to develop and implement quantum-resistant cryptography is underscored by the rapid pace of advancements in quantum technology. Tech companies, governments, and academic institutions are investing heavily in research to safeguard their data infrastructures against quantum threats. The transition to quantum-resistant systems, however, is not without its challenges. It requires a comprehensive overhaul of existing cryptographic frameworks and widespread adoption across industries, a process that demands both time and resources.

Despite these challenges, the potential benefits of quantum computing in fields such as artificial intelligence, pharmaceuticals, and materials science cannot be overlooked. The same capabilities that pose a threat to data security also offer the promise of unprecedented advancements in computational power, enabling breakthroughs that were previously beyond reach.

As the world stands on the brink of a quantum revolution, the dual-edged nature of this technological leap is clear. While the security of our digital world faces new threats, the opportunity for innovation and progress is equally profound. The path forward will require a concerted effort to balance the risks and rewards of quantum computing, ensuring that the transformative potential of this technology is harnessed responsibly and securely.

In the coming years, as quantum technologies continue to evolve, the focus will be on developing robust standards for quantum-resistant cryptography and fostering collaboration between academia, industry, and government to navigate this new frontier. The race to secure our digital future in the face of quantum capabilities is not just a technical challenge but a strategic imperative that will shape the landscape of cybersecurity for decades to come.

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AI-Driven Tools Propel Mars Exploration to New Heights

NASA’s latest Mars mission features AI-driven tools in its rover, enabling autonomous navigation and faster data transmission, marking a significant advancement in space exploration technology.

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NASA’s latest mission to Mars has captivated both scientific communities and the public, as the new rover equipped with AI-driven exploration tools begins its journey across the Martian landscape. Wired’s August 2026 report highlights the rover’s ability to autonomously navigate the challenging terrain while making real-time decisions, significantly enhancing the efficiency of data collection. This innovation is poised to revolutionize the way robotic missions are conducted in space.

The rover’s sophisticated communication systems represent another leap forward, allowing for faster and more reliable data transmission back to Earth. These advancements mean that scientists can receive critical information more swiftly, enabling them to adjust mission parameters as needed. According to Wired, this capability is essential for responding to unexpected findings and maximizing the scientific value of each mission.

Moreover, the integration of AI tools in the rover’s design marks a pivotal shift towards reducing dependence on Earth-based commands. As Wired notes, this development could pave the way for future missions that operate with greater autonomy, setting the stage for more complex and prolonged explorations of Mars. The implications of this technology extend beyond current missions, suggesting a future where human exploration of Mars is supported by highly capable robotic counterparts.

As NASA continues to push the boundaries of space exploration, the success of this mission will likely influence the design and execution of future endeavors. The potential for these AI-driven tools to transform space exploration is immense, promising a new era of discovery and innovation on the red planet and beyond.

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Quantum Computing Breakthroughs: Disrupting Industries with Oxford’s Innovations

A recent breakthrough in quantum computing at the University of Oxford promises to disrupt multiple industries by significantly enhancing computational capabilities. Explore the technological implications and potential disruptions poised to redefine sectors.

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In May 2026, the University of Oxford announced a significant breakthrough in the field of quantum computing, unveiling an advanced error correction algorithm that has the potential to transform computational capabilities. This development is not just a scientific triumph; it heralds a new era of technological disruption across multiple industries. Quantum computing, long anticipated as the next frontier in technology, promises to solve complex problems beyond the reach of classical computers, and Oxford’s latest advancement brings this closer to reality.

At the core of this breakthrough is the enhancement in quantum error correction, a critical component that addresses the inherent instability of qubits, which are the fundamental units of quantum information. Traditional computers use bits of 0s and 1s, but quantum computers operate on qubits, which can exist in multiple states simultaneously. This superposition allows quantum computers to process information exponentially faster than classical computers. However, qubits are notoriously prone to errors due to environmental noise and operational inaccuracies. Oxford’s new algorithm significantly improves the error correction process, maintaining qubit stability longer and allowing extended computational tasks to be performed accurately.

The implications of this are profound. Industries ranging from pharmaceuticals to finance stand on the cusp of disruption as quantum computing offers the ability to model complex molecular structures, optimize large-scale financial portfolios, and even revolutionize artificial intelligence algorithms. In pharmaceuticals, for example, quantum computing can expedite drug discovery by accurately simulating molecular interactions, potentially reducing the time and cost associated with bringing new drugs to market. Similarly, in finance, quantum algorithms can optimize trading strategies and risk management with a precision unattainable by current technologies.

Moreover, the ripple effects of such a leap in computational power extend to data encryption and cybersecurity. Quantum computers possess the potential to decrypt classical encryption methods, prompting a race for quantum-resistant cryptography. This necessitates a paradigm shift in how we secure digital information, affecting every sector that relies on data security.

Despite the tremendous promise, the transition to quantum computing is not without its challenges. The infrastructure required to support quantum technologies is expensive and complex. There is also a significant skills gap; experts in quantum computing are scarce, and training a new generation of scientists and engineers is imperative. Furthermore, ethical considerations regarding the power of quantum computing must be addressed, particularly in terms of privacy and security.

Looking forward, as quantum computing continues to evolve, industries will need to adapt swiftly to harness its capabilities. Early adopters who invest in quantum technologies and develop quantum-ready strategies will likely dominate in the coming decade. As Oxford’s breakthrough demonstrates, the race is on to fully realize the potential of quantum computing and redefine the boundaries of what is technologically possible.

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