WIRE)--Airbus Ventures announces its latest investment in Telexistence, Inc., a leading innovator in remote-controlled robotics with artificial intelligence that has closed a $20M Series A-2 financing round led by a group company of Monoful Inc. and comprising additional funds from KDDI, Deepcore, UTokyo IPC, and multiple new investors. Telexistence has raised about $41 million to date, since the company's inception in 2017. "As we rethink and transform the basic meaning of'existence,' we are actively expanding our in-house engineering team, accelerating product development, and upscaling deployment to the company's growing customer base in offline retail and logistics," explains Jin Tomioka, Telexistence CEO and co-Founder. "This funding signals a new chapter, and we are excited to welcome new partners, still more grateful than ever for Airbus Ventures, our lead Series A investor in 2018, and their mentorship and dedication to our mission." Materializing a vision of a more connected humanity interacting and evolving across multiple spatial and temporal scales, Telexistence releases humans from physical constraints utilizing Telexistence technology, robotics, telecommunication, VR, haptics, and AI.

The companyOutrider, the pioneer in autonomous yard operations for logistics hubs, helps large enterprises improve safety and increase efficiency. The only company exclusively focused on automating all aspects of yard operations, Outrider eliminates manual tasks that are hazardous and repetitive. Outrider's mission is to drive the rapid adoption of sustainable freight transportation by deploying zero-emission systems. Outrider is a private company backed by NEA, 8VC, and other top-tier investors. For more information, visit www.outrider.ai

IRVINE, CA, June 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company focused on digital imaging in mobile devices, collection and management of big data and development of artificial intelligence, today announced it has signed a non-binding letter of intent (LOI) to acquire a technology company with proprietary Artificial Intelligence software. The acquisition would see VMSI absorb a company with a proprietary Artificial Intelligence (AI) Resource Engine designed to analyze geolocation-based information and trends to address many of the economic and social concerns the world is facing as it transitions into a new post-pandemic society. "As we emerge from an unprecedented year, we are excited and optimistic for this acquisition and for the future on VMSI. The pandemic reshaped the world, its industries and how people interact and connect. One of the most significant changes the pandemic brought was a revolution in technology used to bring people together virtually. VMSI's products originally had a focus on events where people would come together physically, but the pandemic changed the way people interact and we changed with it. We re-aligned our technology suite to meet the changes and, today, VMSI is well positioned to capitalize on the need for immediate geolocation-based information that has been re-enhanced by the pandemic. During the past months, management has also worked on developing strategic partnerships and evaluating acquisition candidates that would complement our technology foundation," stated Sean Guerrero, CEO of Vita Mobile Systems.

Visiongain has published a new report on "AI in Pharmaceuticals Market 2021-2031". Embracing Technology to Revolutionize Pharmaceutical Industry There are other fields where the R&D process can be influenced by AI and machine learning. Better approaches to predict chemicals' properties in order to reduce the number of substances that need to be synthesized is obviously an opportunity. This would allow for the consideration of a larger chemical universe and enrich the'chemical palette' open to medicinal chemists. Another field where researchers are starting to use AI and machine learning is mining genomic, proteomic, and metabolic data for improved disease biomarkers and medication efficacy surrogate markers.

MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions platforms, today announced that it completed the acquisition of Utilant LLC, a U.S. based InsurTech company providing the industry leading survey management SaaS product suite for Loss Control and Premium Audit surveys and artificial intelligence (AI)/machine learning (ML) data and analytics. Utilant's cutting-edge SaaS solutions, contributory database and AI/ML models deliver the necessary next-generation technology that can address critical insurance trends and help keep pace in today's digital race. This acquisition expands Majesco's extensive product portfolio and adds over 87 customers in the P&C market segment, including global insurance carriers and top risk engineering companies. With this addition, Majesco launches an innovative Data and Analytics business unit combining Utilant technology with Majesco's existing, market-leading data and analytics solution. Utilant Founder and CEO, Patrick Davis joins the Majesco Senior Leadership Team and will lead this new business.

Because terrain, characteristics of the rocks and soil, weather and climate all contribute to landslide activity, accurately identifying the areas most at risk at any given time can be an uphill battle. Early warning systems are generally regional – based on region-specific data provided by ground-based sensors, field observations, and rainfall totals. But what if we could identify at-risk areas anywhere in the world at any time using the combined power of space-based observations and models? The NASA global Landslide Hazard Assessment for Situational Awareness (LHASA) model, developed by a team of scientists led by Universities Space Research Association's Thomas Stanley, addresses this issue. The findings were published in Frontiers in Earth Science.

C3 AI and Snowflake are partnering to give Snowflake customers access to C3 AI's development tools and enterprise applications, including AI-driven CRM, predictive maintenance, supply network optimization, and fraud detection apps, the companies announced. Billed as a way to "deliver next-generation enterprise AI applications at scale," the partnership will make C3 AI's suite of Integrated Development Studio (IDS) tools -- including C3 AI Data Studio, C3 AI ML Studio, C3 AI App Studio, C3 AI DevSecOps Studio, and C3 AI Marketplace -- available to Snowflake users. Customers using Snowflake's cloud-based data warehousing platform will also get access to C3 AI's AI Suite of operational and security apps based on the C3 AI model-driven architecture. Services provided by those apps include data persistence, batch and stream processing, time-series normalization, auto-scaling, data encryption, attribute and role-based access control, and AI/ML services. "The C3 AI Suite and C3 AI's prebuilt enterprise-grade models significantly speed and simplify the development of enterprise AI applications. As our customers deploy enterprise AI applications at scale, integration with C3 AI to Snowpark will accelerate the development and deployment of complex AI and machine learning use cases," Snowflake senior vice president Christian Kleinerman said in a statement.

During the Pandemic, Mammograms and routine Cancer screenings decreased by 92%. Now that Americans are playing catch-up, Dr, Randy Hicks the CEO of Regional Medical Imaging discusses the importance of Cancer screenings and how new Artificial Technology can help women get a more accurate Mammogram. Dr. Hicks says, "AI is helping Doctors in the fights against Breast Cancer."

We have enough problems these days. The last thing we need to worry about is our health or the high costs of care. That's why many people are turning to digital health solutions. As noted by The Wall Street Journal, many of these solutions can reportedly help manage diabetes, improve sleep, monitor heart health, encourage weight loss, track whether patients are sticking to physical therapy regimens, and more.(3) Due to the recent health scare, governments and healthcare systems worldwide may now realize how essential digital health has become.

BOSTON (WHDH) - Boston-based company Open City is launching a new drive-through system called "Tori." "Tori" uses artificial intelligence to take customers' orders with 99 percent accuracy. "It's a really difficult audio environment, you may have birds chirping, you may have kids in the car, you may have loud cars, a lot of different things going on. And that's kind of the magic of what we do, is it just works, and it works every time," Open City CEO Nick Belsito said. Belsito said the new system will not change anything for customers.