Sudbury's Centre for Excellence in Mining Innovation (CEMI) has gone international in signing a memorandum of understanding (MOU) with an industry technology centre in Australia. CEMI and METS Ignited of Brisbane signed an agreement to establish a vehicle for each organization to collaborate and accelerate the commercialization of mining innovations in Canada and Australia. "We have boots on the ground in Australia now," said Charles Nyabeze, CEMI's vice-president of business development and commercialization, in a Sept. 13 phone interview. "We will have access to game-changing solutions not only for our Canadian mines, but also for the mines we work with globally." The two organizations intend to cross-promote each other in their respective countries when it comes to mining-related exploration, extraction, transportation; tailings, waste and water management technologies; and digitalization of mine operations using analytics, artificial intelligence, automation and robotics.

Shopify today announced it is acquiring 6 River Systems, a startup focused on fulfillment automation for ecommerce and retail operations. The deal is valued at approximately $450 million -- 60% in cash and 40% in shares. At its Unite partner and developer conference in June, the company announced its Shopify Fulfillment Network, which uses machine learning to ensure timely deliveries and lower shipping costs. Shopify's fulfillment centers span California, Georgia, New Jersey, Nevada, Ohio, Pennsylvania, and Texas. The network, which is only available in early access, supports merchants that ship between 10 and 10,000 packages per day.

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 global mesh network technology platform for both mobile and fixed solutions, today announced that GBT Technologies, S.A., a Costa Rican company ("GBT CR"), has completed its written design of the deep nanometer range 3D microchip patent, clearing the way for GBT to file for international protection (PCT) for the patent. The application has been assigned serial number PCT/US19/50266 and the international filing date is September 10, 2019. This microchip is targeted for GBT's planned future chipset and derivative integrated circuits. The technology is based on a new concept for a microchip's die structure and orientation and is specifically designed for deep nanometer range. It is designed to work with Digital, Analog and Mixed technologies to achieve much higher performance and die yield.

LOS ANGELES--(BUSINESS WIRE)--Eyenuk Inc., a global artificial intelligence (AI) medical technology and services company and the leader in real-world applications for AI Eye Screening, announced today that the EyeArt AI Eye Screening System was deployed successfully for Italy's first national prevention and diagnosis campaign for retinal and diabetic maculopathy. A total of 2,200 patients were screened at 30 centers across Italy, with more than half chosen for EyeArt AI Eye Screening. The Month of Prevention of Diabetic Retinopathy and Maculopathy was sponsored by the Italian Ministry of Health, the city of Milan and the Italian Ophthalmology Society in collaboration with the Ambrosian Ophthalmic Center (CAMO), San Raffaele Hospital and Eyenuk. In Italy, an estimated 3.2 million patients have diabetes. As many as 25% are estimated to be affected by diabetic retinopathy (DR),1 the main cause of vision impairment and blindness among working-age adults.

Verifying income can be an expensive process for finance companies; one where the cost can become even steeper if the contract holder falls into delinquency and is eventually charged-off because the individual didn't have steady enough money to support monthly payments. PointPredictive is looking to help finance companies avoid both of those scenarios with its latest tool as the Emerging 8 firm recently announced the general availability of IncomePASS. The company explained the solution can offer a real-time assessment of an applicant's stated income to allow highly accurate clearing of validated incomes. PointPredictive believes its tool can enable finance companies using costly paycheck stub manual reviews across their portfolio to drastically reduce their expenses while improving the overall accuracy of their income validation efforts to stop defaults. "Traditional legacy tools are expensive and provide incomplete coverage," PointPredictive chief executive officer Tim Grace said in a news release.

Io-Tahoe, a pioneer in Smart Data Discovery and AI-Driven Data Catalog products, in its efforts to continue to transform the data discovery market, today announced it has been named a Leader in the use of artificial intelligence (AI) and machine learning (ML) for data management in a new research report and decision guide from Enterprise Management Associates (EMA). The research report, which names Io-Tahoe a Leader, says companies which deploy AI-enabled analytics and data management solutions can potentially save up to $5,000,000 a year. EMA research also finds that they can create more value through enhancements such as increased speed of innovation; the report claims that 83 per cent of the companies surveyed are already seeing cost savings, along with a significant reduction in annual person-hours required to complete analysis of the data. "AI enablement signifies a major shift from passive to active use of metadata," said John Santaferraro, EMA's Research Director, Analytics, Business Intelligence, and Data Management. "The passive use of metadata focused on definitions and documentation, while the active use of metadata focuses on the delivery of services, such as data cataloguing, data governance, data discovery, and master data services."

Anti-fraud startup Shape Security has tipped over the $1 billion valuation mark following its latest Series F round of $51 million. The Mountain View, Calif.-based company announced the fundraise Thursday, bringing the total amount of outside investment to $183 million since the company debuted in 2011. C5 Capital led the round, along with several other new and returning investors, including Kleiner Perkins, HPE Growth and Norwest Ventures Partners. Shape Security protects companies against automated and imitation attacks, which often employ bots to break into networks using stolen or reused credentials. Shape uses artificial intelligence to discern bots from ordinary users by comparing known information such as a user's location, and collected data, like mouse movements, to shut down attempted automated logins in real time.

The Food and Drug Administration has cleared a new artificial intelligence-powered X-ray device that maker GE Healthcare says reduces the time to detect a collapsed lung from eight hours to as little as 15 minutes, the company announced Thursday. The device, called the Critical Care Suite, uses AI algorithms to scan X-ray images and detect pneumothorax, a deadly condition more commonly known as a collapsed lung that affects roughly 74,000 Americans each year. "The health-care industry is producing huge amounts of data from images to digital health records," GE Healthcare CEO Kieran Murphy said in an interview with CNBC ahead of the announcement. "We strongly believe that you have to turn that data into information and insight to improve outcomes." GE Healthcare, a dominant player in hospital and lab equipment, said its goal is to integrate AI into every aspect of the health-care system to ultimately "improve patient outcomes, reduce waste and inefficiencies, and eliminate costly errors."

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced the addition of Jon Keating as Vice President and General Manager, EMEA. In this role, Jon will be responsible for leading HighRadius' growth plans across all of Europe, Middle East, and African (EMEA) Markets. This press release features multimedia. Jon comes to HighRadius with over two decades of executive leadership experience managing sales, marketing and partner development in technology companies, delivering innovative enterprise solutions. Most recently, Jon was Chief Sales Officer for Taulia, a US FinTech providing Working Capital solutions where he was responsible for setting up and building the company's business in Europe and then leading Taulia's Global Sales, Marketing and Partner teams.

The "Opportunities Assessment of Artificial Intelligence in Consumer Electronics" report has been added to ResearchAndMarkets.com's offering. Alongside automotive, manufacturing, and healthcare industries artificial intelligence (AI) is poised to have a high impact on the demand-driven consumer electronics industry. Tier-1 OEMs such as LG Electronics, Samsung Electronics, and Whirlpool Corporation have developed AI-driven consumer electronic products leveraging enhanced user experience. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.