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Vita Mobile Systems Announces LOI to Acquire an Artificial Intelligence Software Company

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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.


Artificial Intelligence in the Pharmaceutical market worth US$27,156.1 Million in 2031. Visiongain Research Inc.

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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.


Majesco Completes Acquisition of Utilant LLC

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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.


Machine Learning Model Doubles Accuracy of Global Landslide "Nowcasts"

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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.


Snowflake taps C3 AI to bring AI dev tools and apps to customers

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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.


Artificial Intelligence helps Doctors in the fight against Breast Cancer

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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."


Artificial Intelligence Improves The Lives Of Patients, Doctors, And Hospital Administrators By Performing Tasks That Humans Could Normally Perform In A Fraction Of Time. Here Is How Artificial Intelligence Revolutionize The Digital Health Monitoring System

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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-based AI company launches new drive-thru system called 'Tori'

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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.


UserWay Releases AI-Powered Accessibility Widget for Shopify Stores

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UserWay, the leading web accessibility company, announced today the release of its AI-Powered Accessibility Widget in the Shopify app store. UserWay's widget automatically solves accessibility issues on websites to create a more inclusive and accessible user experience. By embedding the UserWay widget in their sites, Shopify store owners ensure that their shops are inclusive of the more than one billion people living with disabilities. Creating websites that are fully accessible is challenging, requiring a high level of effort and expertise to cover hundreds of accessibility guidelines. A recent analysis of the top one million websites detected failures to meet the Web Content Accessibility Guidelines (WCAG) in more than 97% of home pages.


tech company working on driverless car fleet

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This May 13, 2014 file photo shows a row of Google self-driving Lexus cars at a Google event outside the Computer History Museum in Mountain View, Calif. AP Google has been working on driverless technology through Waymo, a spin-off from its main holdings company. Though autonomous revenues will not grow until 2030 the driverless vehicle market is of clear interest to many businesses and governments alike, with Germany set to invest €58 … In April 2019, the company began running driverless car trials on selected public roads in Bromley and Croydon in London, partnering with the government-funded initiative StreetWise. Our all-electric, self-driving fleet will offer more freedom, more time, and more peace of mind. At that time, we reported that Apple was operating 66 vehicles. Check out these 21 self-driving car companies that are ushering in the next generation of travel. The Big Three automaker has worked hard to rebrand itself as a mobility company, introducing an app, running autonomous shuttles and bike-sharing systems, and promoting a vision of connected, mobility-as-a-service solutions with the Detroit company … The researchers, from the University of Cambridge, programmed a small fleet of miniature robotic cars to drive on a multi-lane track and observed how the traffic flow changed when one of the cars stopped. If there was one company that is keeping pace with GM's driverless car tech right now, it's Alphabet's Waymo, formerly known as Google's self-driving car project. Driverless cars are finally coming to New York. Apple Inc. has held talks with Hyundai Motor Co. about working on driverless, electric vehicles, the South Korean car company has said. Facebook/LeEco LeEco is working on a car dubbed the LeSEE, pictured above, … Source: Flickr/jurvetson Source: Flickr/jurvetson With Uber accused of industrial espionage, the heat is on in driverless tech Waymo LLC is an American autonomous driving technology development company. Overseas, tech company Baidu is partnering with manufacturers in China. It’s right around the corner. The self-driving car company has around 600 vehicles in its fleet and makes its own sensors in-house. Ford exemplifies the reinvention approach. Should driverless car businesses leverage this aspect of car rental companies, they would be able to offer their services to millions of customers worldwide. Courtesy Courtesy Israeli company Arbe Robotics , a provider of real-time 4D imaging radar chipsets for ADAS (advanced driver-assistance systems), is partnering with AutoX, a leading Chinese robotaxi (self-driving taxi) firm, to integrate its tech in the company’s fleet of Level 4 autonomous vehicles. We’re Cruise, a self-driving car service designed for the cities we love. We publish all the tricks and solutions to pass each track of the crossword puzzle. AutoX's driverless vehicle fleet. Johann Jungwirth, the German company's chief digital fully mapped. A fleet of driverless cars working together to keep traffic moving smoothly can improve overall traffic flow by at least 35 percent, researchers have shown. If there was one company that is keeping pace with GM's driverless car tech right now, it's Alphabet's Waymo, formerly known as Google's self-driving car project. Yandex began working on driverless technology in 2016 and tested its first cars in 2017. Although its CEO has warned driverless cars might be further off than people realize, he has also promised that the company will build parts and sensors whether cars are 10%, 80%, or 100% autonomous. Apple acquired Drive.ai to boost its self-driving car efforts. Waymo’s tech peer Apple is also quietly progressing on its self-driving car technology. Yandex began working on driverless technology in 2016 and tested its first cars in 2017. Optimus Ride, a self-driving tech company, is launching a fleet of six cars at Brooklyn's Navy Yard on Wednesday in a … Facebook/LeEco LeEco is working on a car dubbed the LeSEE … With the release of nine reports, the California Department of Motor Vehicles has created what is likely the first public data set on driverless car crashes in the U.S. Arity Arity Founded: 2016What they do: Arity utilizes breakthrough big data capabilities to identify traffic patterns for predicting and reducing risk in … Despite two recent fatal crashes involving driverless cars, experts argue that self-driving cars will eventually be safer than human-driven ones. The cars are currently being tested in Russia's Skolkovo and Innopolis tech parks. Hi Tech Robotic Systemz: With a focus on enriching human life through smart Top 12: Autonomous developments 01 May 2019 Autonomous driving is the next big step for many OEMs, but technology companies are keen to get in on the act and drive through this change. The driverless car has metamorphosed from a superfluous autonomous machine to the vehicle of choice for tech giants hoping to boast their technical prowess and visionary thinking. Nearly every major car manufacturer and tech company is working on the concept. Ford’s latest driverless car project will add 100 autonomous vehicles to the company’s current test fleet, which operates in at least six cities across the U.S. As of June 30, Google has quite the driverless car fleet, with 34 of the Koala vehicles and 24 Lexus SUVs retrofitted with Google's driverless tech on the road. First fleet of driverless taxis launches in Beijing with rides costing $4.60 Baidu rolled out 10 Apollo Go Robotaxis in Shougang Park in Beijing's outskirts These … It’s been insistent in the past that driverless … But the company now has other things to worry about—namely, the safety of its driverless fleet. Headed by Pinaki Laskar, Fisheyebox’s driverless car comes with AIOS, car operating system, technology innovation that has made its trail run. These vehicles are more than just AV showmanship, Ford says that they have “launch-intent” technologies in them that the company plans to use in commercialized self-driving cars. The car features 12 cameras, radars, laser scanners and If driverless car tech will truly reduce the rate of accidents, car companies will want to push this tech forward. The number of Apple’s self-driving cars then remained the same (66 vehicles) since 68 cars. . Here are all the Tech company working on driverless car fleet answers for CodyCross game. Its autonomous driving arm signed an agreement last week with Volvo Cars, owned by Zhejiang Geely Holding Group, for its self-driving test fleet, the company said. Sort of. Once self-driving tech developers, like Waymo, scales its fleet for It is a subsidiary of Alphabet Inc, the parent company of Google.Waymo operates a commercial self-driving taxi service in the greater Phoenix, Arizona area called