Chinese phone maker Vivo has announced its own 3D sensing technology that could rival Apple's Face ID facial recognition feature. Vivo claims that its technology will have 10 times more sensor points than Apple's solution. "Vivo's TOF 3D Sensing Technology features industry-leading performance in depth of information captured with its 300,000 sensor points, which is 10 times the number of existing Structured Light Technology. This raises the bar by enabling 3D mapping at up to three meters from the phone while having a smaller baseline than Structured Light," Vivo said in a press release. "TOF 3D Sensing Technology is also simpler and smaller in structure and allows for more flexibility when embedded in a smartphone. This will enable much broader application of this technology than was previously possible."

Certain statements in this press release constitute "forward-looking statements," within the meaning of federal securities laws, including statements related to ICP technology, including financial projections related thereto and potential market opportunity, plans and prospects and other statements containing the words "anticipate," "intend," "may," "plan," "predict," "will," "would," "could," "should," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the known risks, uncertainties and other factors described in the Company's definitive proxy statement filed on May 29, 2018, the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2018 and on the Annual Report on Form 10-K for the year ended December 31, 2017 as well as the Company's prior filings and from time to time in the Company's subsequent filings with the Securities and Exchange Commission. Any change in such factors, risks and uncertainties may cause the actual results, events and performance to differ materially from those referred to in such statements. All information in this press release is as of the date of the release and the Company does not undertake any duty to update this information, including any forward-looking statements, unless required by law.

The Stethee System is the world's first AI enabled stethoscope helping Medical & Veterinary Professionals around the world diagnose and manage heart and lung disease. The sound and data from the device streams to any Bluetooth enabled device or wired headphones. Aida analyzes the signal to identify heart sounds and respiratory activity, as well as any patterns that might indicate a disease condition. The data is represented in real time in the Stethee App for easy understanding of vital signs, and can be easily shared with peers, caregivers or specialists anywhere in the world.

SAN FRANCISCO, June 21, 2018 /PRNewswire-PRWeb/ -- Cerego, an AI-driven platform that optimizes how people learn, today announced the launch of Cerego Insights, as well as a Cerego skill for Amazon Alexa, onstage at the Amazon Web Services (AWS) Public Sector Summit 2018. Cerego Insights uses machine learning models to objectively understand learners' cognitive and behavioral strengths, and predict future performance. The new Cerego Insights offering goes beyond the company's core competency of knowledge acquisition and memory management. Instructors and managers can now instantly access each individual and group's cognitive and behavioral profile. These attributes include specific, validated scores for Agility, Diligence, and Knowledge.

PayPal has acquired its second startup in as many days, as the payments giant announced today that it was snapping up machine learning-powered fraud detection startup Simility. The transaction is valued at $120 million, in what will be an all-cash deal. The news comes two days after PayPal bought out payments startup Hyperwallet in a $400 million deal. Founded in 2014, Palo Alto-based Simility leverages machine learning to help those working in the fraud detection sphere collect and analyze data. The platform is designed to prevent myriad kinds of fraud, such as account takeover (ATO), where a bad actor tries to gain access to another person's online account. In such a scenario, Simility looks at various session, device, and behavioral biometrics and builds a profile for what constitutes "normal" user login behavior; if an anomaly is spotted, it can act to prevent the action.

One Drop, a leader in the development of digital therapeutics solutions for people with diabetes, today announced the launch of Blood Glucose Prediction and Automated Decision Support. Through these new features, the One Drop Mobile app will provide users: (1) blood glucose "forecasts" up to 12 hours into the future; and (2) behavioral recommendations based on those forecasts, thereby empowering users to manage diabetes proactively and reduce the risk complications. Through One Drop's predictive analytic capabilities, people with diabetes will now be able to receive actionable insights into how their behavior (diet, physical activity, etc.) affects their blood glucose levels, without any intervention from a health care provider. The app will simply display insights for the user as they become relevant. Blood glucose predictions come from One Drop's machine learning models, which are powered by over 1.1 billion data points collected by more than 860,000 One Drop Mobile app users worldwide.

AI-as-a-service (AIaaS) is becoming increasingly popular, with the likes of Amazon AI (which includes Rekognition), Clarifai, Google Cloud Vision, IBM Watson, and Microsoft Cognitive Services gaining traction. One of the main economic drivers within AIaaS is the prevalence of microtransactions. Visual cognition startup CloudSight has announced that it will now support Bitcoin Lightning payments, accepting microtransactions to gather and share visual knowledge to allow AI to learn from AI. CloudSight utilizes data to train deep learning neural networks to automatically caption images. With a database of over half a billion images and all the associated metadata, CloudSight says its image recognition API is one of over 30 patents pending worldwide. The incorporation of Bitcoin Lightning means that microtransactions between devices can happen at great speed, unlocking an exchange of information that was previously difficult.

Sonasoft Corporation is a publicly traded corporation and is listed on the OTC Markets under the trading symbol SSFT. Sonasoft is now an AI-first company. The Company intends to integrate artificial intelligence (AI) into the Company's core business model, which includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft Business Applications on Microsoft Windows platforms. Sonasoft's signature products for eDiscovery tools, which include SonaVault 5.0 Email Archiving and eDiscovery Software, as well as SonaVault Email Archiving Appliances, deliver affordable enterprise-level functionality that exceeds compliance and ease-of-use requirements of small and medium-sized businesses, governments, school districts, organizations, and enterprises. The company also launched SonaSecure, which protects systems from ransomware and other email-based threats as well as provides email continuity services.

Alexa, ask Excalibur Insurance for a car insurance quote. That possibility is just around the corner, as Wawanesa Mutual Insurance Company announced Thursday that it had opened an Innovation Outpost lab in Kitchener, Ont. that will connect customers with brokers through voice technology. One of the first projects out of the lab is a new interactive technology using an Amazon Alexa voice skill to connect Wawanesa customers to their brokers for an auto or home insurance quote. Jeff Roy, CEO of brokerage Excalibur Insurance Group, helped to spearhead the work with ProNavigator (which provides an insurance AI-powered virtual assistant). The brokerage will be the first going to market with the new technology, which will then be launched on other brokerages' websites in the future. David Arbuthnot, director of the Innovation Outpost lab, told Canadian Underwriter in an interview the voice assistant walks customers through six underwriting questions, which provides enough information to obtain a quote.

SAN MATEO, CA and COLUMBIA, SC – June 21, 2018 – SIOS Technology Corp., the industry pioneer in the application of artificial intelligence (AI) to help enterprises lower costs and ensure resilience of their critical information technology infrastructures, today announced the opening of the SIOS R&D facility at the M. Bert Storey Engineering and Innovation Center at the University of South Carolina's College of Engineering and Computing in Columbia. The new facility will serve as the SIOS R&D center for product development and is strategically located at the University for the purpose of advancing collaborative research in AI and machine learning through collaboration with students and faculty. With the new R&D facility located on-campus, students will have an opportunity to work with the latest AI technologies on projects addressing real-world problems alongside senior research engineers at SIOS. In turn, SIOS has the unique opportunity to participate deeply in a vibrant and rich academic community, tapping into academic programs, intern programs, Capstone projects, and helping to design meaningful research projects. To support the fostering of leading-edge research in AI, SIOS has also awarded the University a $475,000 grant for the use of its SIOS iQ software.