The Good Tech Companies - Cyber A.I. Group Announces The Appointment Of Walter L. Hughes As Chief Executive Officer

Episode Date: June 21, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/cyber-ai-group-announces-the-appointment-of-walter-l-hughes-as-chief-executive-officer. Highly Successful Technology Executive to Drive Growth in the Cybersecurity and IT Services Sectors. Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybersecurity, #cyber-ai-group, #cyberwire, #press-release, #cyber-ai-group-announcement, #ai, #cyberthreats, #good-company, and more. This story was written by: @cyberwire. Learn more about this writer by checking @cyberwire's about page, and for more stories, please visit hackernoon.com. Walter Hughes has had an expansive 15+ year executive career across eight distinct industries, including transformative roles at Meta and Elevance Health. Mr. Hughes’ deep experience spans nearly two decades in pioneering technology enterprises with a specific emphasis on the intricacies and applications of Artificial Intelligence. The cybersecurity market alone has witnessed remarkable growth and reached a value of $202 billion in 2022.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Cyber AI Group announces the appointment of Walter L. Hughes as Chief Executive Officer by Cyber Wire. Miami, United States, June 20, 2024, Cyber News Wire, Cyber AI Group, Inc. A nearly-staged cybersecurity, AI and IT services Company, announced today the engagement of Walter L. Hughes as Chief Executive Officer. The announcement was made by A.J. Cervantes, Jr., Executive Chairman of Cyber AI Group and Chairman of Trilogy Capital Group, LLC, Cyber AI, S. founding shareholder. Walter Hughes has had an expansive 15-plus-year executive career across eight distinct industries, including transformative roles at Meta and Elevance Health, formerly Anthem,

with impactful contributions to innovative startups and government sectors. Mr. Hugh's deep experience spans nearly two decades in pioneering technology enterprises with a specific emphasis on the intricacies and applications of artificial intelligence. Greater than, Walter's career has been a testament to the art of driving business greater than transformation, noted Mr. Cervantes. Rooted in a solid foundation in finance greater than in technology, his expertise has evolved, embracing and mastering the greater than intricate processes of fostering business success. This mastery is underpinned greater than by a profound application of Six Sigma

methodologies and strategic venture greater than capital endeavors, positioning him as a pioneering force. Greater than Mr. Hughes stated, I'm absolutely thrilled to be joining Cyber AI Group as greater than CEO. With its cutting-edge approach and incredible potential, it's a chance to greater than leverage everything I've learned across multiple technology driven industries greater than and put it to work generating transformative change. Building on CyberEye's greater than strong foundation and seasoned management team, I'm excited to be a force at greater than the forefront of this burgeoning business, shaping the future of this dynamic greater than company. Greater than, the cybersecurity and IT services industries are highly fragmented and lend

greater than themselves to a proactive consolidation strategy, continued Mr. Hughes. Greater than, we believe a large pool of prospective acquisitions exists offering greater than substantial opportunity for an emerging growth private company on a path to greater than public ownership. The cybersecurity market alone has witnessed remarkable greater-than growth and reached a value of $202 billion in 2022. We are confident that an greater-than-IT, cybersecurity services company with advanced AI capabilities can provide greater-than clients with numerous proactive and customized cybersecurity services to greater-than-optimized technology security and improve business operations and performance.

Greater than, the IT services industry has grown into one of the fastest growing sectors in greater than the United States and around the world, with forecasts of continued greater than double-digit growth over the next decade, noted Mr. Cervantes. Greater than, this is compounded by the massive proliferation of highly publicized data greater than breaches and ransomware attacks that are further propelling demand for greater-than-cybersecurity expertise. Cyber AI Group is leveraging this skyrocketing greater-than-demand, combined with a core focus on fundamentals, by pursuing a greater-than-buy-and-build strategy of acquiring a broad spectrum of IT services greater than companies and positioning them to address the fast-growing needs for the greater-than-cybersecurity and AI markets. Artificial intelligence, under development and building momentum for decades, is emerging as one of the most

potentially powerful and disruptive forces in the information age. Recent moves have seen remarkable advances, such as the launches of OpenAI's Chad GPT-AI chatbot and Google's BARD AI chatbot. This rapid proliferation of AI is introducing not just new capabilities, however, but also new dangers and security concerns. To capitalize on these opportunities and challenges, CyberAI intends to integrate AI services in all aspects OFITS business as it expands. Reg. 506c, offering the company as conducting a private placement offering. The offering, Persuanto Regulation 506c, as promulgated by the Securities and Exchange Commission. The terms of the offering are up to $2,000,000. $2,000,000 of 17.5%.

17.5% promissory notes with equity consideration in the form of founder's stock, each a note, and collectively the notes. The minimum investment amount is $50,000. The company reserves the right to accept lesser amounts in its sole discretion. The term sheet for the offering can be found here, Cyberaggroup.io, Investors, 17-5 Promissory note with founder shares, about Trilogy Capital Group Trilogy Capital Group, LLC is a Delaware limited liability company and private equity firm based in Miami, Florida. Trilogy Capital Group and its predecessor company, Trilogy Capital Partners, Inc. are a financial services group which has been engaged in private equity, venture capital,

merchant banking and financial advisory since 2002. For additional information, please visit TrilogyCapital.com. About Cyber AI Group Cyber AI Group, Inc. is a newly formed Florida corporation that will engage in the acquisition and management of domestic and international cyber security and its services firms. The founders and management of Cyber AI are pursuing a buy-and-build strategy to rapidly expand operations by acquiring a broad spectrum of IT services companies and repositioning them to address fast-growing market needs for cybersecurity and artificial intelligence, AI, markets. The company's initial target is to acquire multiple companies representing aggregate revenues approaching $100 million. The company is focusing its acquisition targets as those

with the most favorable terms and lend themselves certain benefits through integration including horizontal and vertical marketing and economies of scale. Cyber AI's business model is focused on the acquisition and consolidation of IT services companies with proven ability in broad conventional technology services. This emphasis on conventional companies with strong revenues and cash flow distinguishes cyber AI from the explosion of AI startups that may be pinning their future on a single technological breakthrough which may never materialize. This buy and build strategy provides cyber AI with the maximum flexibility for diversification and risk management for moving into new fields and addressing fast-moving market opportunities.

For additional information, please visit CyberAgroup.io, Contact Cyber AI Group, Inc. 990 Biscayne Boulevard, Suite 503 Miami, FL 33132 Info at CyberAgroup. IO Contact Founder A. J. Cervantes JR Cyber AI Group Info at CyberAgroup. IO. Tip This story was distributed as a release by CyberWire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.