BOSTON – December 12, 2019 – DataRobot, the leader in enterprise AI, today announced that it has entered into a definitive agreement to acquire Paxata, the pioneer of self-service data preparation and leading data fabric provider, to fulfill its mission to build the world's first automated end-to-end enterprise AI platform. While the massive impact of AI on enterprises is well understood -- PwC forecasts by 2030 AI could contribute $15.7 trillion to the global economy -- companies must overcome several key challenges associated with AI in order to reap the benefits and become successful. Data preparation is one area that has historically held companies back. Creating a dataset for training predictive models, deploying data prep steps with AI models, and preparing data specific to AI routines are all major challenges companies face when it comes to leveraging data at scale. By providing tools that help users build automation into their data prep processes, the Paxata acquisition will alleviate these pain points for customers and dramatically enhance their ability to achieve AI-driven outcomes rapidly.

VANCOUVER, BC / ACCESSWIRE / December 12, 2019 / Dimension Five Technologies Inc. (CSE:DFT) (the "Company"), is pleased to announce that it has entered into a share exchange agreement dated December 11, 2019 (the "SEA") with Digital Cavalier Technology Services Inc. doing business as Youneeq ("Youneeq") to acquire all of the issued and outstanding securities of Youneeq (the "Transaction"). The Company and Youneeq have signed the SEA and signatures are being gathered from Youneeq shareholders in order to obtain a fully executed version. The proposed transaction is dependent on all Youneeq shareholders signing the SEA. Youneeq is an award-winning personalization and recommendation engine powered by artificial intelligence (AI). The company is poised to become a leading multi-channel AI personalization engine focused on the anonymous audience, the single biggest segment for marketers.

U.S. Ranks Third in AI Adoption for Staffing Solutions, While Southeast Asia Leads the Charge, Finds CEIPAL Report ROCHESTER, N.Y., Dec. 11, 2019 /PRNewswire-PRWeb/ -- A new global survey from CEIPAL, a SaaS provider for the front- and back-office business operations of staffing companies, reveals universal acceptance of artificial intelligence (AI) as the future of recruitment. According to the 2019 Artificial Intelligence in the Recruiting Industry benchmark report, two-thirds of all staffing firms will adopt AI-driven ATS (applicant tracking systems) by the end of 2020, while 79 percent of enterprise staffing firms (firms with more than 100 recruiters) will have done the same. "As the first technology company to deploy an AI-driven ATS solution, CEIPAL has enjoyed a front row seat to the disruption that's happening in this industry by way of artificial intelligence, which provides us a unique opportunity to establish industry benchmarks," said Sameer Penakalapati, founder of CEIPAL. "Now that the reality of AI technology in our industry has actually caught up to its buzz, we want to quantify the sea change it's causing and share that data with our customers and the rest of the staffing world in preparation for the coming new year." The vast majority of respondents to CEIPAL's benchmark survey indicated either current reliance on AI-driven ATS solutions or future deployment of such technologies within the coming year.

Growth in this market is mainly driven by growing number of cross-industry collaborations and partnerships, the need to control drug discovery & development costs and reduce the overall time taken in this process, the rising adoption of cloud-based applications & services, and the impending patent expiry of blockbuster drugs. On the other hand, a lack of data sets in the field of drug discovery and the inadequate availability of skilled labor are some of the factors challenging the growth of the market. The immuno-oncology segment accounted for the largest share in 2019. Based on application, the artificial intelligence in the drug discovery market is segmented into neurodegenerative diseases, immuno-oncology, cardiovascular disease, metabolic diseases, and other applications. The immuno-oncology segment accounted for the largest share of 44.6% of the AI in the drug discovery market in 2018, owing to the increasing demand for effective cancer drugs.

Observe.AI, the leader in AI-powered agent enablement for voice customer service, today announced a $26 million Series A financing led by Scale Venture Partners, with participation from Nexus Venture Partners, Steadview Capital, 01 Advisors, and Emergent Ventures. This funding allows Observe.AI to expand its US-India team globally and accelerate product development. In conjunction with the funding, Andy Vitus, partner at Scale, will be joining Observe.AI's board. This brings the company's total funding to $34 million. "Legacy speech analytics systems are simply not meeting the needs of the world's top brands," said Swapnil Jain, CEO and co-founder of Observe.AI.

Ruben Martinez Sevillano, Director at ALG led a session on how Big Data is being applied to aviation safety and safety intelligence. He showed how AI is already being widely used in the industry to enhance traffic forecasting, optimise flight routes, increase predictability of operations and identify potential threats and safety hazards. The session advised the industry to move to a more proactive approach through use of data, for analysis of events and precursors and advise on improvements in regulations and procedures.

Among the challenges facing autonomous vehicle developers is the need to gather and process vast amounts of data gathered by cameras quickly and efficiently. Last month, BlinkAI Technologies Inc. announced its RoadSight product, which is designed to improve camera performance in low-light conditions. While some autonomous vehicle makers are using multiple cameras rather than more expensive lidar technology, that approach has raised safety concerns. The National Traffic Safety Board recently found that a contributing factor to the fatal Uber crash in 2018 was that the automated driver system did not recognize a jaywalking pedestrian in a low-light setting. BlinkAI spun out from the MIT-Harvard Martinos Center of biomedical imaging and emerged from "stealth mode" over the past few months.

Imagine a world where plastic materials would never go to waste. Agilyx Corporation ("Agilyx"), the leader in chemical recycling of post-use plastics back into plastics chemicals and low carbon fuels, today announced a dynamic collaboration in artificial intelligence (AI) technology with the General Electric Company through its Licensing business unit that would bring the world closer than ever to making this green dream possible. Combining Agilyx's deep domain experience in chemical recycling with GE's vast experience in the application of Industrial AI, the two companies are aiming to increase the chemical recyclability of all post-use plastics from the current 10% to over 95%. This announcement is the result of a year-long, successful effort to assess GE's advanced modeling technology developed by GE Research, and its applicability to the database of chemical conversions of post-use plastics that Agilyx has amassed over the last 15 years. Together, the companies can greatly improve recycling rates by deploying an innovative set of artificial intelligence ("AI") technologies, including machine learning ("ML"), predictive modeling ("PM") and optimization tools, in combination with other supply chain innovations in partnership with a growing number of diverse leaders in the waste and recycling, petrochemical, consumer goods products and retail industries.

Venzee Technologies CEO John Sexton Abrams told the Investing News Network how the company's partner-selling model is creating opportunities for growth. Venzee Technologies Inc. (TSXV:VENZ) CEO John Abrams believes that the company's use of channel partners is fundamental to its growth, leading the company to new and better opportunities. Venzee Technologies is a software-as-a-service (SaaS) company that serves as a data-exchange link between product manufacturers, suppliers and retailers. The company's platform uses artificial intelligence and machine learning to consolidate and distribute product information across the global retail supply chain. In October 2019, the company announced that it had added two Fortune 1000 manufacturing companies to its roster of clients.

Observe.ai, an artificial intelligence-based startup that focusses on voice conversations for customer service, has raised $26 million (approximately Rs 184.16 crore at current exchange rates) in its Series A funding round from a clutch of investors. California-based venture capital firm Scale Venture Partners led the investment round, Observe.ai said in a statement. Other investors that participated in the round include Nexus Venture Partners, Steadview Capital, 01 Advisors and Emergent Ventures. The company said it will use the funds to expand its US and India teams, and will also accelerate its product development. Swapnil Jain, co-founder and chief executive officer at Observe.ai, said the investment will fuel the firm's mission to elevate agent performance through AI-based coaching and insights The latest investment takes the total funding raised by Observe.ai