Press Release
New Rugged Supercomputing Servers Enable AI, HPC and Sensor Fusion Applications at the Edge
Forward-Looking Safe Harbor Statement This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein and to fiscal 2020 business performance and beyond and the Company's plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," "potential," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of any U.S. Federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government's interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2019.
Investorideas.com Newswire - AI Stock News: GBT (OTCPINK: GTCH) Commences Development of Graph Neural Network (GNN) Based Autonomous Machine
Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT", or the "Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight wireless mesh network technology platform and its Avant! AI, for both mobile and fixed solutions, announced that is now working on Graph Neural Network (GNN) based autonomous machine algorithms development, as part of the research to enhance its Avant! AI systems lend themselves to practical applications. AI is a computer hardware and software system that is able to perform tasks that normally require human intelligence; it is based on machine learning technology and is capable of being trained with a data set. GBT is now developing a set of algorithms within Avant! that are leveraging neural nets to process a huge amount of data, specifically for autonomous machines applications.
IOT Solutions World Congress shows the way to smarter, more secure connectivity IOT Solutions World Congress DIGITALIZING INDUSTRIES
The fifth edition of IOT Solutions World Congress (IOTSWC) draws to a close with high-quality sales contacts and focus on real-world case studies. The 16,000 visitors, who attended the event, organised by Fira de Barcelona in collaboration with the Industrial Internet Consortium (IIC), have witnessed the maturity of the Internet of Things, a key technology in digital transformation and learned from fellow users during three days of the Congress. IoT Solutions World Congress 2019 was co-located with Blockchain Solutions World (BSW) and AI & Cognitive Systems Forums (AI & CS), showcasing new solutions, processes and services to seize the full potential and value of data across many industries. On 2019 IOTSWC brought together 350 exhibitors, including leading companies in the development and implementation of IoT solutions such as Microsoft, SAS, Vodafone, Nutanix, Deloitte, T-Systems, Libelium, Kaspersky, Orange, Siemens, Fiware, Hitachi, Relayr, Thingstream, Zyfra, Emnify, Linux Edge Foundation, Hewlett Packard Enterprise and ARM. This international technological benchmark event exhibited real solutions already being successfully deployed in a range of industry sectors with the aim of raising awareness of the possibilities and benefits of IoT from proven experiences.
U.S. Bank Hires Dr. Tanushree Luke as Head of Artificial Intelligence
Bank has hired technology leader Dr. Tanushree Luke to lead Artificial Intelligence (AI) efforts at the company. In this role, she will drive the continued development of the AI practice within the U.S. Bank Innovation group and AI strategies across the enterprise. Dr. Luke's career has spanned multiple industries and sectors. She joins U.S. Bank from Capital One, where she served as the Head of Predictive AI and Machine Learning for Capital One's Conversational AI Platform/Eno. Prior to that, Dr. Luke was the Chief Data Scientist at BitVoyant and was also previously a Technical Lead for the Department of Defense/DARPA Network Defense Program.
Artificial Intelligence and Autonomous Communication Systems Explored in Upcoming Episode of Advancements with Ted Danson
Tune in to CNBC 1Q/2020 to learn about the latest breakthroughs in distributed ledger technology. JUPITER, Fla., Nov. 6, 2019 /PRNewswire-PRWeb/ -- An upcoming episode of Advancements with Ted Danson will focus on recent developments in Artificial Intelligence (AI) and autonomous systems. This episode is scheduled to broadcast 1Q/2020. Check your local listings for more information. With a look at AI and autonomous communication technology, this episode will focus on RevoKind and the technology behind its artificially intelligent, autonomous communication system, which is powered by distributed ledger technology.
Consumer Robot Shipments Will Surpass 65 Million Units Annually by 2025
Consumer robots have been part of popular culture for decades, fueling visions of having robots living alongside humans in our homes to assist with daily tasks, entertain, educate, and socialize. However, the promise of consumer robotics remains largely unfulfilled. Cleaning robots, such as robotic vacuums, dominate the market and we are years away from widespread adoption of the robot types with which people have envisioned sharing their homes. However, according to a new report from Tractica, there is renewed interest in consumer robotics with companies introducing new innovations and product categories. The market intelligence firm anticipates that this innovation and diversification within the market will drive growth in unit shipments from 15.4 million in 2018 to 65.8 million units annually by 2025.
Principles are no guarantee of ethical AI, says Oxford ethicist
Dr Brent Mittelstadt's paper'Principles alone cannot guarantee ethical AI', published in the journal Nature Machine Intelligence, argues that a principled approach may not be the best way to approach ethical development and governance of AI. Consensus has seemingly emerged around a set of ethical principles for AI that closely resemble the classic ethical principles of medicine, but there are several reasons to doubt that a principled approach will have comparable impact on AI development as it has historically had in medicine. The vast complexity of AI and a lack of common aims between developers and users suggest principles may be too vague and high-level to be workable. To address these shortcomings, Dr Brent Mittelstadt calls for increased support for'bottom-up' work on ethical AI. Companies must be prepared to disclose more about how they develop and audit AI systems, and work more openly with researchers and the public.
SparkCognition to Offer Next-Generation AI Cybersecurity Directly to Lenovo 's SMB Installed Base
"We are pleased to see that the AI detection engine in SparkCognition's DeepArmor solution is so effective, with the product detecting 99.9% of threats in our Malware Protection Test," said Andreas Clementi, Founder & CEO at independent testing company AV-Comparatives. "We are proud to partner with the number one PC manufacturer in the world," said Vijay Doradla, Chief Business Officer at SparkCognition. "The collaboration will offer Lenovo's existing and future SMB customers access to next-generation cybersecurity, and demonstrates Lenovo's commitment to their customers and clients–in businesses of all sizes." Lenovo Intelligent Devices Group's Global Director of Cybersecurity Solutions, Nima Baiati, will speak at SparkCognition's annual AI and future tech summit, Time Machine, November 13 and 14 at the Palmer Events Center in Austin, Texas. Registration for the two-day summit is available online.
Booz Allen, Kaggle and PBS KIDS Partner to Leverage Data Science Tools in Media for Early Childhood Education Insight
MCLEAN, Va.--(BUSINESS WIRE)--Over the last four years, more than 50,000 participants have developed and submitted over 114,000 artificial intelligence (AI) algorithms to improve everything from detection of lung cancer and heart disease, to monitoring ocean health and helping accelerate life-saving medical research as part of the annual Data Science Bowl . In partnership with PBS KIDS, this year's competition will look at advancements in early childhood education. The results will lead to better designed games and improved learning outcomes, empowering children, parents, caregivers and educators across the globe with insights into how young children learn through media and which approaches work best to help them build on foundational learning skills. The 90-day Data Science Bowl competition will award winning participants with a share of $160,000 in cash prizes. Research shows much of the most critical brain development in children takes place before they even reach kindergarten.
Tokio Marine Asia and Ephesoft Announce Partnership to Advance Thai Language Recognition Ephesoft
IRVINE, Calif. and Singapore – Nov. 5, 2019 – Ephesoft, Inc., an industry leader in enterprise content capture and data discovery solutions, today announced its collaboration with Tokio Marine Asia, the regional headquarters of the global insurance group that offers an extensive selection of General and Life insurance products and solutions worldwide. Ephesoft and Tokio Marine Asia, along with Tokio Marine Life Insurance (Thailand), will work together to solve language, data and document challenges that are prevalent throughout Thailand. The collaboration marks the insurance company's focus on expanding its footprint of automation in the fast-burgeoning Thai economy. Improving its approach by automating various manual heavy documentation processes across the insurance space will benefit both their customers and employees. "Ephesoft has a strong commitment to meeting our customers where they are and addressing their unique challenges, regardless of geographic location," said Ike Kavas, founder and CEO at Ephesoft.