GlobeNewswire by notified

Parallels Launches Parallels Desktop 20 with AI-Ready Virtual Machine, Streamlining AI Application Development

Share

Latest release also features a secure new enterprise management console, SOC 2 Type 2 report, compatibility with macOS Sequoia and Windows 11 24H2, and numerous updates for Windows, macOS and Linux VMs

AUSTIN, Texas, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Parallels, a global leader in cross-platform virtualization solutions, today announced the launch of Parallels Desktop 20 for Mac. This latest version marks a significant milestone with the introduction of AI capabilities, offering secure, downloadable AI-ready virtual machines designed to be managed and operated offline to streamline AI application development. Fully compatible with macOS Sequoia and Windows 11 24H2, it also introduces a management portal as a part of the new Enterprise Edition, alongside numerous updates for Windows, macOS and Linux VMs.

Parallels Desktop is the only virtualization solution authorized by Microsoft to run Windows in a virtualized environment on Apple silicon. This gives developers and users choice across their favorite user and development environments.

“As PCs become more AI-capable, we believe AI will soon be standard on every desktop. This shift challenges developers to update their applications to fully leverage AI-enabled PCs,” said Prashant Ketkar, CTO at Parallels. “That’s why we created the Parallels AI Package: to equip development teams—whether experts or beginners—with accessible AI models and code suggestions. This enables ISVs to build AI-enabled applications in minutes, significantly boosting productivity for every software development team using a Mac.”

Key highlights of Parallels Desktop 20 include:

  • New Parallels AI Package*: To make AI development more accessible, this all-in-one solution includes a virtual machine pre-loaded with 14 AI development toolsets, sample code, and instructions, enabling developers to experiment with and deploy AI quickly. With just a click, users can download the Parallels virtual machine ready for AI and run a third-party small language model inside it, while completely disconnected from the Internet. The package offers offline, secure environments and allows users to customize resources and disable network access for enhanced privacy. Learn more at parallels.com/products/desktop/ai.
  • macOS Sequoia Compatibility: Users can enjoy Apple’s new AI-powered Writing Tools with Windows apps, sign in to Apple ID in macOS virtual machines on Apple silicon, and more (available when macOS Sequoia is released).
  • Windows 11 24H2 Support: Optimizations ensure users’ workflows remain uninterrupted while running legacy Windows apps which get up to an 80% performance boost** for some workloads thanks to the improved Prism emulator built into Windows 11 on Arm.
  • Seamless compatibility with Windows applications through new shared folders technology: Improves performance with a variety of apps and installers, such as Mathematica or NinjaTrader, and delivers up to 4x faster operations*** on Mac files in Linux VMs.

For Businesses:

  • New Enterprise Edition including Management Portal: The most advanced offering yet, designed for organizations needing greater control, visibility, and efficiency in managing Parallels Desktop virtual machines and security policies. The new Edition unlocks, advanced licensing option that supports both SSO and volume license, premium support and onboarding.
  • SOC 2 Report: Parallels Desktop has attained a SOC 2 Type 2 report and undergoes regular third-party penetration testing, supporting upholding standards for security and reliability.

For IT Pros and Developers:

  • Enhanced DevOps Services: Build software in Windows, Linux and macOS VMs on Macs anywhere. Learn more at parallels.com/solutions/devops/
  • Enhanced Visual Studio Code Extension: Simplifies access to the AI package and integrates Microsoft Copilot, allowing users to control virtual machines using natural language. 
  • Snapshots and OCR-powered Packer: Enhanced features for macOS virtual machines on Apple Silicon Macs.

For more details on all new features, visit parallels.com/blogs/product-updates-parallels-desktop-20/.

Parallels Desktop for Mac is an essential virtualization tool for professionals, developers, and individuals, whether it is for accessing Windows-applications, developing- or testing software, or to run multiple operating systems (such as Windows, Linux, or other macOS versions) simultaneously on Mac computers. For more information about Parallels Desktop 20 for Mac, visit www.parallels.com/desktop.

Trial and Availability

Parallels Desktop 20 for Mac Standard, Pro, and Business editions can be purchased or upgraded to at parallels.com/desktop or from authorized resellers worldwide.

*The Parallels AI Package is included at no additional cost in the Parallels Desktop for Mac Business and Enterprise editions. It is also available free of charge in the Parallels Desktop for Mac Pro Edition during 2024 only.

For more information about Parallels products, to download a free trial, or purchase a subscription, please visit parallels.com.

** Performance measurements conducted by Parallels by comparing the score produced by the x86 version of the test Floating Point Math from the Passmark 10 CPU Mark suite in Windows 23H2 (10.0.22621.3593) versus Windows 24H2 (10.0.26120.670) on MacBook Pro (M2 Max, (8+4) CPU, 96GiB RAM) with the virtual machine (4 CPU, 32GiB RAM). Measured using Parallels Desktop public version 19.4.1. The performance may vary based on usage, system configuration, and other factors.

*** Performance measurements conducted by Parallels by measuring the time it takes to copy 3000 (three thousand) files in 315 directories from the primary macOS 13.3 (22E252) to the Ubuntu Linux virtual machine (4 CPU, 8GiB RAM, Ubuntu Server 22.04) on MacBook Air (M2, (4+4) CPU, 32GiB RAM). Measured with a prerelease version of Parallels Desktop 20 versus the released version of Parallels Desktop 19. The performance may vary based on usage, system configuration, and other factors.

About Parallels

Parallels is a global leading brand in cross-platform solutions that make it simple for businesses and individuals to use and access the applications and files they need on any device or operating system. Parallels helps customers leverage the best technology out there, whether it’s Windows, Mac, ChromeOS, iOS, Android, or the cloud. Parallels solves complex engineering and user-experience problems by making it simple and cost-effective for businesses and individual customers to use applications anywhere, anytime. For more information, please visit www.parallels.com.

© 2024 Parallels International GmbH. All rights reserved. Parallels is a trademark or registered trademark of Parallels International GmbH. in Canada, the United States and/or elsewhere. Apple, Mac, and macOS are trademarks of Apple Inc. Android and ChromeOS are trademarks of Google LLC. All other company, product and service names, logos, brands and any registered or unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. For all notices and legal information please visit www.parallels.com/about/legal/

Contact:
Beatrice Vogel
Director of Corporate Communications
Beatrice.vogel@alludo.com

Photos accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4b15115f-cfc8-4ea6-900a-b173c0c00112https://www.globenewswire.com/NewsRoom/AttachmentNg/bc119845-1d1d-4aaa-8d41-521b7ce7f8bahttps://www.globenewswire.com/NewsRoom/AttachmentNg/f9d44732-64e7-434e-98d2-efa5f0c9fd13https://www.globenewswire.com/NewsRoom/AttachmentNg/d037bb90-7ae8-4d50-8f1b-cc0c78559f9b

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye