Press Release
The Morning After: What's going to happen to Peloton?
One of the stars of the working-out-from-home boom is struggling. Peloton won't go quietly though and is making some big changes. The company will replace the CEO and co-founder, John Foley, who will become executive chairman, with former Spotify COO Barry McCarthy reportedly set to step into his shoes. While Foley is sticking around, the company is cutting around 2,800 corporate positions -- these won't include Peloton's instructors who lead its live classes. The company said in a press release about the lay-offs that its "monthly membership will be complimentary for impacted team members for an additional 12 months."
Farnek launches standalone Smart technology FM solutions company – Farnek Services LLC
Leading UAE-based smart and green facilities management (FM) company Farnek has launched a new smart FM technology solutions company, HITEK, under the leadership of managing director, Javeria Aijaz, who was previously senior Director – Technology & Innovations at Farnek. Developed in-house, the HITEK solution 4.0, was originally launched in Q3 last year, connecting people, assets and spaces from multiple remote sites, using intelligent analytical platforms, for cleaning, security and maintenance, so they could be smartly centrally managed and monitored by utilising the Internet of Things (IoT), Building Management Systems (BMS), Cloud, Machine Learning (ML) and Artificial Intelligence (AI) based technologies. Commenting, Markus Oberlin, CEO at Farnek said: "After developing the HITEK brand as a cutting-edge technological FM proposition, we received enquiries from both our customers, trade associations and government departments, as well as other industry peers. "It soon became apparent that there was huge potential for this innovative solution. Because HITEK can integrate with any existing technologies like BMS, built on open protocol, HITEK can now activate a variety of bespoke, white-labelled portfolio solutions, to building managers and FM professionals, as well as other FM consultancies, linking smart buildings with a digitally connected workforce.
Tarry Singh Joins Marktechpost As An Advisory Board Member
TUSTIN, Calif., February 07, 2022--(BUSINESS WIRE)--Tarry Singh joins Marktechpost as an Advisory Board Member. Tarry Singh is Chairman, CEO, and AI Researcher of AI company Real AI Inc and deepkapha AI Research Lab. Tarry has over 25 years of experience working with data and has advised CxOs of global organizations to set up data-driven organizations from scratch. Tarry invests in AI and Web3 startup and scaleup ventures, speaks regularly at global AI leadership summits worldwide, and conducts workshops on a regular basis with his team of capable scientists. This press release features multimedia.
How Artificial Intelligence is Transforming the Real Estate Space
Reliance on multiple data points, from historic prices and trends to property ownership data, is nothing new. However, the data that we use to make our housing choices have become increasingly sophisticated. Quantarium's valuation models provide property valuations through a self-learning AI engine. Quantarium's advances in Computer Vision (CV) technology is allowing AVM to transcend historical constraints; understanding their journey and the impact of AI is critical to the future of real estate. Quantarium is a leading producer and purveyor of value-added data in residential real estate. Their data and analytics scientists and experts illustrated great innovation in their approach to building the industry's leading RE data lake, so it is a team-wide validation to receive this distinction.
Medical modelling innovations for healthcare - Innovation Origins
Digitalisation is a strategic priority for public healthcare policy: major innovations in medicine are expected from the development of IT tools and the generalisation of digital models, which will contribute to improving the efficiency of healthcare systems and services, writes Inria in this press release.. In order to guide the digital transition of this sector in the Lyon region, Inria and the Hospices Civils de Lyon (HCL), the second largest hospital centre in France after AP-HP (Paris), are pooling their expertise to create a centre for the development of artificial intelligence and a joint project team dedicated to digital models for neuroscience. On July 2021, the two bodies signed a "memorandum of understanding", prior to concluding a framework agreement for tripartite collaboration (Inria / HCL / Claude Bernard–Lyon 1 University), thus officialising the details of this shared ambition. "The signing of a large-scale partnership between Lyon Public Hospitals and Inria testifies to the firm positioning of the University Hospital and its academic partners with regard to digital healthcare", says Raymond Le Moign, Managing Director of Hospices Civils de Lyon. "For the last ten years, the application of digital science in the healthcare sector has been a key focal point for Inria. Almost a third of its teams lead research which opens opportunities in this field", according to Hugues Berry, senior researcher in molecular neuroscience and Deputy Scientific Director at Inria.
DOD Adopts Ethical Principles for Artificial Intelligence
The U.S. Department of Defense officially adopted a series of ethical principles for the use of Artificial Intelligence today following recommendations provided to Secretary of Defense Dr. Mark T. Esper by the Defense Innovation Board last October. The recommendations came after 15 months of consultation with leading AI experts in commercial industry, government, academia and the American public that resulted in a rigorous process of feedback and analysis among the nation's leading AI experts with multiple venues for public input and comment. "The United States, together with our allies and partners, must accelerate the adoption of AI and lead in its national security applications to maintain our strategic position, prevail on future battlefields, and safeguard the rules-based international order," said Secretary Esper. "AI technology will change much about the battlefield of the future, but nothing will change America's steadfast commitment to responsible and lawful behavior. The adoption of AI ethical principles will enhance the department's commitment to upholding the highest ethical standards as outlined in the DOD AI Strategy, while embracing the U.S. military's strong history of applying rigorous testing and fielding standards for technology innovations."
Tesla Recalls Thousands Of Self-Driving Cars Programmed To Run Stop Signs
Tesla is recalling nearly 54,000 cars and SUVs because their "Full Self-Driving" software lets them roll through stop signs without coming to a complete halt. Recall documents posted Tuesday by U.S. safety regulators say that Tesla will disable the feature with an over-the-internet software update. The "rolling stop" feature allows vehicles to go through intersections with all-way stop signs at up to 5.6 miles (9 kilometers) per hour. The recall shows that Tesla programmed its vehicles to violate the law in most states, where police will ticket drivers for disregarding stop signs. The Governors Highway Safety Association, which represents state highway safety offices, said it is not aware of any state where a rolling stop is legal.
AI for Healthcare Gets Practical as IBM sells Watson Health
At one time IBM Watson Health was featured in articles that claimed it might cure cancer. But the splashy coverage of IBM's artificial intelligence brand aimed at the healthcare industry was maybe an instance when the hype about a particular technology -- AI -- got ahead of that technology's actual capabilities. After a few high-profile public failures over the past several years, IBM has announced that it is selling the parts of its Watson Health business to private equity firm Francisco Partners -- a sale that many in the industry had expected for the past year. The assets sold include data sets and products from the many acquisitions IBM completed to roll into the Watson Health brand including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software. Francisco Partners will employ key members of the Watson Health team and stand up its own business in the future, the companies said in the announcement of the deal.
Tesla Recall: 'Full Self-Driving' Software Runs Stop Signs
Tesla is recalling nearly 54,000 cars and SUVs because their "Full Self-Driving" software lets them roll through stop signs without coming to a complete halt. Documents posted Tuesday by U.S. safety regulators say that Tesla will disable the feature with an over-the-internet software update. The "rolling stop" feature allows vehicles to go through intersections with all-way stop signs at up to 5.6 miles per hour. The recall shows that Tesla programmed its vehicles to violate the law in most states, where police will ticket drivers for disregarding stop signs. A spokesman for the Governors Highway Safety Association, which represents state highway safety offices, said he is not aware of any states that allow rolling stops.
Zenzium supports a new trial of wearable technologies in combination with AI for cancer patients
January 31, 2020 – Zenzium, Ltd., announced today its participation in a groundbreaking trial in Greater Manchester which is to test cutting edge wearable technology in combination with Artificial Intelligence (AI) for patients who have received cancer treatment. Called, EMBRaCE, (Enhanced Monitoring for Better Recovery and Cancer Experience), the trial is a collaboration between Manchester University NHS Foundation Trust, The Christie NHS Foundation Trust, The University of Manchester, Aptus Clinical and Zenzium, Ltd. The trial has opened initially for blood cancer, lung, and colorectal cancer patients and will run across Greater Manchester. Using commercially available health sensors and devices in combination with AI could reveal digital fingerprints associated with vital signs and other clinical data that could allow doctors to assess the progress of their patients and potentially improve patient outcomes. The technologies under investigation include: • a smart ring, worn on any finger made by Oura Health • the Withings ScanWatch, a hybrid smartwatch • the Isansys system, which is worn on the chest • AI capabilities developed and provided by Zenzium The technologies can assess a range of vital signs, including electrocardiogram (ECG), heart rate, temperature, physical activity levels and sleep.