Press Release
Patriot One Acquires Artificial Intelligence (AI) Company XTRACT Technologies Inc.
CAUTIONARY DISCLAIMER STATEMENT: This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations.
Gurbaksh Chahal's startup is changing the way marketing works for brands with the help of AI - Digpu News Network
A few years ago, Artificial Intelligence seemed like a distant dream, but now it's an everyday reality. From chatbots to self-driving cars, AI is learning more about humans and simultaneously assisting them to make everyday life easier. AI is now increasingly being used in creating digital marketing strategies and has proven to be way more effective than traditional marketing methods. Jumping on to the bandwagon of AI operated marketing, Indian-American entrepreneur Gurbaksh Chahal founded RedLotus. Chahal is a serial entrepreneur and philanthropist who is using AI to completely revolutionize the way digital marketing works for brands.
Investorideas.com Newswire - AI News: VSBLTY (CSE: VSBY) (OTC:VSBGF), Energetika Sign 10m USD Agreement to Provide Analytics and Security Technology to Mexico Municipalities
Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (5VS.F) (VSBGF) ("VSBLTY"), a leading retail software technology company, and Energetika, an international provider of "intelligent lighting" solutions, today formalized a definitive three-year agreement to provide real time crowd analytics and audience measurement for Latin American communities. Energetika is a leading provider of smart lighting solutions for economically efficient applications that incorporate security. Energetika's efficient lighting and Smart Energy solutions for residential, commercial and governmental applications will now incorporate VSBLTY's security technology that includes crowd analytics and facial recognition. The contract, which expires August 30, 2022 and is renewable for successive terms, was announced jointly by Jay Hutton, VSBLTY co-founder and CEO, and Rodrigo Calderon, Energetika co-founder and CEO. In making the announcement, Hutton said, "We are pleased to formalize a long-term contract with Energetika. We will be providing advanced analytics as well as public safety applications including tracking of persons of interest, weapon detection, and vehicle and crowd analytics using the power of machine learning and computer vision. This contract is expected to generate more than $10 million USD in SaaS revenue to VSBLTY in the initial three years."
LexisNexis Risk Solutions Develops Proprietary System to Interpret Vehicle Safety Features for Insurance Industry
LexisNexis Risk Solutions, the leading data, analytics and technology provider for the insurance industry, has created the first purpose-driven Advanced Driver Assistance Systems (ADAS) and vehicle safety classification system for auto insurance pricing and claims analysis. The new classification system helps insurers break down barriers through access to relevant data and insights from automakers' ADAS features. It will be leveraged in the soon-to-be released LexisNexis Vehicle Build, a solution that identifies and categorizes specific ADAS equipped features at the VIN-level, enabling insurers to establish the differences in risk profile associated with these features. Among new U.S. vehicles, 92.7% have at least one ADAS feature available as an option, according to SBD Automotive. Other safety feature classification systems may categorize features into just'Active' or'Passive' groups, but the new LexisNexis ADAS classification system, also uses myriad ADAS descriptors used by car manufacturers and groups those features by their specific purpose.
Marietje Schaake to Join Stanford Cyber Policy Center and Institute
The Freeman Spogli Institute for International Studies (FSI) and the Stanford Institute for Human-Centered Artificial Intelligence (HAI) are pleased to announce that Marietje Schaake has been named to international policy roles in each of their organizations. At FSI, Schaake will serve as the first international policy director of the Cyber Policy Center. With a focus on cybersecurity, disinformation, digital democracy and election security, the Cyber Policy Center's research, teaching and policy engagement aims to bring new insights and solutions to national governments, international institutions and industry. Schaake will also be an international policy fellow at Stanford HAI, which seeks to advance artificial intelligence (AI) research, education, policy and practice to improve the human condition. The university-wide institute is committed to working with industry, governments and civil society organizations that share the goal of a better future for humanity through AI.
Applications Now Open for 15,000 Udacity Scholarships Funded by Bertelsmann
Udacity, the global lifelong learning platform, together with Bertelsmann, a media, services and education company, announced that applications are now open for 15,000 scholarships in Data, AI, and Cloud-Computing. As Udacity and Bertelsmann shared earlier this year, the new scholarship program is part of a three-year commitment by Bertelsmann to fund 50,000 scholarships. Both companies have partnered to increase learning opportunities in emerging technologies for students across the globe. "There simply aren't enough people who are equipped with Cloud, Data, and Artificial Intelligence skills," said Gabriel Dalporto, CEO of Udacity. "That's why Bertelsmann and Udacity share a commitment to train new talent and diversify the talent pool in these three exciting fields. I'm confident that the Bertelsmann Scholarship Program will empower learners to master new skills and land some of the most exciting and in-demand jobs available today!"
SAS sees 105% growth in AI revenue, per analyst report
While the overall artificial intelligence (AI) market saw steady growth last year, SAS experienced growth at a rate nearly four times faster than the overall market, at 104.6% according to the IDC report, Worldwide Artificial Intelligence Software Platforms Market Shares, 2018: Steady Growth -- Moving Toward Production1. SAS ranked second overall in 2018 in the AI software platforms category. "SAS had impressive growth in the artificial intelligence market, no doubt as a result of its leadership in analytics," said David Schubmehl, Research Director, Cognitive/Artificial Intelligence Systems at IDC. "As organizations move from experimentation to production in AI to solve their business problems, many are looking for a trusted vendor that offers analytics expertise and domain knowledge. SAS' embedded AI capabilities and integration with open source technologies allows organizations to take advantage of the technology to automate processes, without the heavy lifting of training AI models." To continue fostering innovation and progress in an expanding market, SAS has committed to invest $1 billion in AI over the next three years.
Kryon AI Booster Brings Machine Learning to Robotic Process Automation -- Pure AI
Kryon, a leading provider of robotic process automation (RPA) solutions, announced this month the launch of AI Booster, a set of artificial intelligence (AI) services based on Microsoft Azure Cognitive Services to be integrated into the Kryon Automation Suite later this fall. Kryon says AI Booster will enable a "unified RPA and AI experience that delivers smarter end-to-end deployment and management through a single, intuitive platform." RPA solutions enable software "robots" to automate repetitive tasks and execute multi-step workflows. For instance, a solution can be configured to acknowledge receipt of a form, assess and extract the data in it, and then use that data to automatically do things like file the information, initiate a transaction, and inform appropriate managers of any action taken. Harel Tayeb, chief executive officer of Kryon, said AI Booster will enhance the ability of its RPA suite to leverage natural communication methods to understand and interpret users' needs.
YWCA Boulder County Announces Google JAM Session Series to Kick Off STEM E3 Program - My Social Good News
Press Release – BOULDER, CO – September 6, 2019 – YWCA Boulder County, one of the first two YWCA branches in the country to be awarded a grant by Google to increase black and Latina students' access to computer science and artificial intelligence education, has announced a Google JAM session series to kick off the organization's STEM E3 program. Three JAM sessions will be offered from 1– 6 p.m. at Google with the first session scheduled for September 16, 2019 (followed by sessions on October 14, 2019 and November 11, 2019). The program will provide an opportunity for young women of color between the ages of 9 to 14 to be introduced to a STEM E3 (Education, Employment and Entrepreneurship) program, which works with young women and girls in science, technology, engineering, and math (STEM). YWCA STEM E3 curriculum helps young women and girls of color build the confidence and skills required for future careers in computer science and artificial intelligence. "We're thrilled to have been chosen as one of two YWCAs in the country to launch the pilot STEM E3 program," said Debbie Pope, CEO of YWCA Boulder County.
Secretary Perry Stands Up Office for Artificial Intelligence and Technology
WASHINGTON, D.C.-Today, U.S. Secretary of Energy Rick Perry announced the establishment of the DOE Artificial Intelligence and Technology Office (AITO). The Secretary has established the office to serve as the coordinating hub for the work being done across the DOE enterprise in Artificial Intelligence. This action has been taken as part of the President's call for a national AI strategy to ensure AI technologies are developed to positively impact the lives of Americans. DOE-fueled AI is already being used to strengthen our national security and cybersecurity, improve grid resilience, increase environmental sustainability, enable smarter cities, improve water resource management, as well as speed the discovery of new materials and compounds, and further the understanding, prediction, and treatment of disease. DOE's National Labs are home to four of the top ten fastest supercomputers in the world, and we're currently building three next-generation, exascale machines, which will be even faster and more AI-capable computers.