Press Release
Stradigi AI launches the Kepler AI platform powered by Microsoft Azure - The EE
Stradigi AI, a North American Artificial Intelligence software company, is pleased to announce that its cloud-based Kepler Platform is now offered on the Microsoft Azure Marketplace and optimised to run within Azure. Kepler utilises Microsoft compute, database, security, and Storage services. The ability to instantly activate Kepler through the Microsoft Azure Marketplace gives business users a way to automate AI across all functions and departments. AI projects can go into production in a matter of days and weeks vs. months to directly impact time to value and ROI. Stradigi AI also announced it has earned co-sell ready status through Microsoft One Commercial Partner program as a Microsoft Gold Partner with a competency in data analytics.
Raising code quality for Python applications using Amazon CodeGuru
We are pleased to announce the launch of Python support for Amazon CodeGuru, a service for automated code reviews and application performance recommendations. CodeGuru is powered by program analysis and machine learning, and trained on best practices and hard-learned lessons across millions of code reviews and thousands of applications profiled on open-source projects and internally at Amazon. The launch of Python support extends CodeGuru beyond its original Java support. Python is a widely used language for various use cases, including web app development and DevOps. Python's growth in data analysis and machine learning areas is driven by its rich frameworks and libraries.
IBTM Announces AI Startup CLIPr Has Made TechWatch Award Shortlist
NEW YORK, NY -- December 4, 2020 -- IBTM announced today that CLIPr, a technology company that applies AI and machine learning to create searchable recaps of meetings and events, is a finalist of the organization's prestigious TechWatch Awards. Finalists will be presenting their technologies before a panel of judges during the 2020 IBTM World Virtual event, which is planned to run virtually December 8โ10, 2020. IBTM World is the leading global event for the meetings, incentives, conferences and events (MICE) industry. The organization brings together people from all over the world who share the common vision that business results improve when the right connections are made. The annual event is organized by Reed Exhibitions, and like most events this year, was moved online due to the coronavirus.
Self-driving robotaxis are taking off in China
Hong Kong (CNN Business)The world has been inching toward fully autonomous cars for years. In China, one company just got even closer to making it a reality. On Thursday, AutoX, an Alibaba (BABA)-backed startup, announced it had rolled out fully driverless robotaxis on public roads in Shenzhen. The company said it had become the first player in China to do so, notching an important industry milestone. Previously, companies operating autonomous shuttles on public roads in the country were constrained by strict caveats, which required them to have a safety driver inside.
AI budgets expected to expand in 2021, despite pandemic
This article is the third in a 5-part series on predictions in AI in 2021 -- catch up on the first and second in the series. Artificial intelligence (AI) has reached the top: Two-thirds of senior executives across industries cite AI as vitally important to the future of their businesses and plan to increase their investments in the space after the pandemic. However, that hasn't stopped many businesses from accelerating their AI programs during the pandemic. The Driving ROI Through AI Report shares that companies increased investments by 4.6% on average over the last year with a plan to invest 8.3% per year over the next three years. Keeping in mind that budgetary concerns from the pandemic may alter these predictions, so far organizations have continued to maximize budgets to stay agile in a fast-evolving space.
NexTech AR Launches New Artificial Intelligence Division
* NexTech is expanding its technology stack by launching a new AI division * The Company is establishing a transformative internship program with AI students at Northeastern University and others * The global AI market revenues are expected to surpass $300 billion in 2024, creating a new substantial market opportunity for NexTech VANCOUVER, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) -- NexTech AR Solutionsย (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for virtual and hybrid eCommerce, education, conferences and events today announced the creation of its new Artificial Intelligence (AI) division. Through a dedicated initial team of three AI experts focused on enhancing NexTechโs AI capabilities, the company aims to gain a competitive edge and create new portfolio offerings to complement its AR; streamlining operations for clients while tapping into a market that is expected to surpass $300 billion in revenues by 2024.NexTechโs Mirjana Prpa, AR Product Manager, and the new head of the AI division, will drive efforts to identify, develop and deploy AI capabilities within the Companyโs existing AR technology and virtual experience portfolio. She will lead a growing team that will include new AI experts and a substantial number of interns. The NexTech AI program plans to create automation within the AR content creation space in order to build a self-service AR platform that easily works for everyone, turning everyone into AR creators. The AI program will give back to students while also tapping into their untapped potential and insight by developing an internship program, starting with computer science students at the nearby Northeastern University in Vancouver.The internships offered by NexTechโs AI division will provide students with a unique hands-on learning experience that equips them with the tools they need to establish their careers in AI and AR. NexTech aims to create a mutually beneficial experience where students will be able to grow with the company by working on various AI-focused projects. In addition, NexTech is committed to creating long-term opportunities that will allow students to work closely with the NexTech team in real-world AI applications.NexTech is building this new AI division with the goal of becoming a leader in AR which it believes can only happen with the merging of these two potent technologies. The team will utilize AI within the content creation of the companyโs AR solutions that allow users to not just experience AR but also to create their own experiences, through the support of AI for AR. The ultimate goal is to harness the power of AI to offer a self-serve AR solution for everyone.โIโm excited to lead NexTechโs AI division and work towards the goal of making AR accessible to everyone. By creating a program that connects academia with industry experts, we hope to create long term relationships with students by recognizing their talents and offering them opportunities to aid in their professional development,โ says Mirjana Prpa, Product Manager for AR and Head of the AI Division. โThe potential of AI in AR applications is limitless; weโre only just starting to scratch the surface with this newfound program. Through the work of professionals and students who are learning new applications and approaches for AI integration, coupled with our growing team at NexTech, we hope to create experiences unlike any other currently available that combine the mesmerizing potential of AR with the streamlined efficiency of AI.โEvan Gappelberg, CEO of NexTech says, โAs one of the leaders in the Augmented Reality market, we are excited to continue our leadership and development with the introduction of our AI division as well as our internship program. NexTechโs growth and competitiveness within the market remains an important aspect of the companyโs identity, especially as we work to extend our capabilities and services into the rapidly growing AR/AI markets.โTo learn more about NexTech AR, please visitย www.nextechar.com.About NexTech ARNexTech is one of the leaders in the rapidly growingย Augmented Reality marketย estimated to grow from USD $10.7B in 2019ย and projected to reach USD $72.7B by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024.The company is pursuing four verticals:InfernoAR:ย An advanced Augmented Reality and Video Learning Experience Platform for Events, is a SaaS video platform that integrates Interactive Video, Artificial Intelligence and Augmented Reality in one secure platform to allow enterprises the ability to create the worldโs most engaging virtual event management and learning experiences. Automated closed captions and translations to over 64 languages. According toย Grandviewย Research the global virtual events market in 2020 is $90B and expected to reach more than $400B by 2027, growing at a 23% CAGR. With NexTechโs InfernoAR platform having augmented reality, AI, end-to-end encryption and built in language translation for 64 languages, the company is well positioned to rapidly take market share as the growth accelerates globally.ARitizeโข For eCommerce:ย The company launched its SaaS platform for webAR in eCommerce early in 2019. NexTech has a โโfull funnelโ end-to-end eCommerce solution for the AR industry including its Aritize360 app for 3D product capture, 3D/AR ads, its ARitize white label app itโs โTry it Onโ technology for online apparel, 3D and 360-degree product views, and โone click buyโ.ARitizeโข 3D/AR Advertising Platform:ย Launched in Q1 2020 the ad platform will be the industry's first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads. In 2019, according to IDC, global advertising spend will be about $725 billion.ARitizeโข Hollywood Studios: The studio is in development producing immersive content using 360 video, and augmented reality as the primary display platform.To learn more, please follow us onย Twitter,ย YouTube,ย Instagram,ย LinkedIn, andย Facebook, or visit our website:ย https://www.nextechar.com.On behalf of the Board of NexTech AR Solutions Corp. โEvan Gappelbergโ CEO and DirectorFor further information regarding the internship program, please contact:Mirjana Prpa Head of AI Division mirjana.prpa@nextechar.comThe CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.Certain information contained herein may constitute โforward-looking informationโ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, โwill beโ, โlooking forwardโ or variations of such words and phrases or statements that certain actions, events or results โwillโ occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Companyโs estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information,ย including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
This AI vision startup, Recogni, has its sights set on enabling fully autonomous vehicles
With a mission to design a novel vision-oriented artificial intelligence platform, this Silicon Valley-based startup, Recogni, is the only solution on the market that has the performance and efficiency necessary to enable fully autonomous vehicles (AVs). The company is headquartered in San Jose, California, with operations in Munich, Germany. It is backed by leading venture capital firms, including GreatPoint Ventures, Toyota AI Ventures, BMWi Ventures, Faurecia, Fluxunit โ OSRAM Ventures, and DNS Capital. Recogni's system could deliver unprecedented inference performance through novel edge processing, allowing vehicles to see farther and make driving decisions faster than humans while consuming minimal amounts of energy. The auto industry is experiencing an evolution to vehicle autonomy Current solutions are based on repurposing legacy technology, constraining their performance and efficiency, rendering them ineffective with regards to enabling full vehicle autonomy.
AWS Announces Five Industrial Machine Learning Services
Together, these five new machine learning services help industrial and manufacturing customers embed intelligence in their production processes in order to improve operational efficiency, quality control, security, and workplace safety. The services combine sophisticated machine learning, sensor analysis, and computer vision capabilities to address common technical challenges faced by industrial customers, and represent the most comprehensive suite of cloud-to-edge industrial machine learning services available. This is why more than a hundred thousand customers are using AWS for machine learning, and why customers of all sizes and across all industries are using AWS services to make machine learning core to their business strategy. To learn more about AWS's new industrial machine learning services, visit https://aws.amazon.com/industrial/.
Capgemini to Offer New, Intelligent Data-Driven R&D for Life Sciences
Bengaluru, NFAPost: Capgemini announced today its third set of Intelligent Industry offerings: Data Driven Research & Development for Life Sciences. By aligning the expertise of its life science specialists, data scientists and data engineers, Capgemini's latest offer brings the power of Data and Artificial Intelligence (AI) at scale to the research and development (R&D) function. This new set of services will help biopharma companies to improve drug discovery and clinical trials. "Now more than ever there is intense pressure on research and development functions within life sciences to deliver better products more cheaply, quickly and with less risk," comments Franck Greverie, Chief Portfolio Officer at Capgemini and Group Executive Board member. "Artificial intelligence can analyze a broader body of knowledge, clinical data and literature about drugs and conditions at a speed unimaginable for human researchers. Capgemini's new set of Data-Driven R&D for Life Sciences offerings helps to harness the fast-growing set of tools and techniques of digital platforms, modern AI, data science and data engineering to apply them to datasets across a much wider frame of reference than ever before, helping pharmaceutical and biotech companies to reduce the time and cost of getting new therapies to market, and deliver greater personalized therapeutics and patient centricity."
Tantech Subsidiary Launches Newest Driverless and Autonomous Street Sweeper
Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company in China, today announced the launch by its subsidiary, Shangchi Automobile Co., Ltd. The Shangchi SC-100A follows the launch last month of the SC-120A model featuring unmanned, automatic sweeping. Shangchi Automobile's innovative driverless and autonomous street sweepers are designed for quieter operation and improved cleaning performance, with the ability to reduce or eliminate the 7 to 8 humans required for typical sweeper vehicle operation. Lidar-based, machine vision technology provides long-distance detection and obstacle identification, with sensors for short-distance obstacle detection and avoidance. This enables the driverless model to safely and accurately operate in common environments.