Press Release
Growth Opportunities for Global Artificial Intelligence in Automotive
GNW Technology implementation has increased, and the post-pandemic situation appears to be positive for all stakeholders; however, automakers have yet to fully harness AI's potential in their service offerings. Although AI is in the nascent stage of development, OEMs are adopting it across the automotive value chain to improve manufacturing and to enhance customer experience, marketing, sales, and after-sales services.This report examines use cases and business opportunity areas for various players in the automotive ecosystem, including OEMs, Tier I suppliers and technology service providers, and new entrants or start-ups. As the industry continues to evolve, AI capabilities will become the core of automotive solutions. The study identifies key AI trends impacting the industry, including the convergence of connectivity, autonomous, sharing/subscription, and electrification (CASE); the increasing use of digital assistants; and the emergence of cloud and data analytics. Discussion covers the adoption of various AI automotive industry elements and lists companies to watch out for in this space.Additionally, this report guides market participants on how to chart their strategic priorities, such as partnerships, acquisitions, and new capabilities built to capitalize on growth opportunities in the automotive AI space.
Surgalign Receives FDA Clearance for HOLO Portal System, the World's First AI-driven AR Guidance System for Spine Surgery and Reports Preliminary Fourth Quarter and Full Year 2021 Results
DEERFIELD, Ill., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital health, today announced that it has received U.S. Food & Drug Administration (FDA) 510(k) clearance for its HOLO Portal surgical guidance system for use within lumbar spine procedures. The HOLO Portal system is the world's first artificial intelligence (AI)-driven augmented reality (AR) guidance system for spine and the first clinical application of Surgalign's HOLOTM AI digital health platform. "Receiving the initial clearance for the HOLO Portal system is a significant milestone and represents a critical step toward building the foundation of the digital surgery of the future. This system is designed to improve patient outcomes by delivering intelligent solutions to our customers, and we believe it is truly revolutionary," said Terry Rich, Surgalign's president and chief executive officer. "With clearance in hand for our guidance application, our near-term focus is getting the platform into the hands of surgeons as we work towards a market release. While the current capabilities of the HOLO Portal system have the potential to offer a quantum leap in the way surgical procedures are performed, we have a much larger vision for our HOLO AI digital health platform across a variety of healthcare specialties and throughout the care continuum."
EQ Works Joins Exclusive Global Artificial Intelligence Network - Digital Journal
TORONTO, ON / ACCESSWIRE / January 18, 2022 / EQ Inc. (TSXV:EQ) ("EQ Works" or "EQ"), a leader in geospatial data and artificial intelligence driven software, is pleased to announce that it has joined the AI (Artificial Intelligence) Affiliate Network, run by the AI Partnership Corporation (AIP). The global Affiliate Network joins together over 100 innovative organizations, from all sectors, who bring AI solutions to mid-large size enterprises looking to gain competitive advantages in the market. The inclusion of EQ in this network further solidifies its strength and leadership in the AI space as it expands its offerings to the insurance, automotive and retail verticals. This partnership brings EQ a significant new revenue potential and by leveraging the resources of the network, it opens the opportunity to bring its services to over 1500 prospective new customers. Additionally, EQ in turn, can offer its existing client base the AI-based services and solutions of the AIP Affiliate companies within the AIP ecosystem, thus expanding its value proposition without incurring incremental development investments.
Facebook's AI assistant now stalks you on Messenger to suggest features - SiliconANGLE
Facebook Inc. announced today that it is integrating its virtual assistant "M" into Messenger to offer suggestions for features that users might want to access during their conversations. In a new blog post, Facebook Product Managers Laurent Landowski and Kemal El Moujahid said that the company has been steadily improving M behind the scenes, and now Facebook believes that M is ready to take on a more active role on the social network. "When we announced M over a year ago, it was a small AI experiment powered by humans that could fulfill almost any request," Landowski and El Moujahid said. "We learned a lot and these interactions have enabled us to build a completely automated version of M that suggests helpful actions in your chat, exposing features people may not have known were available right in Messenger." M will now track conversations in Messenger and offer suggested features based on what users are talking about.
CLARA Analytics Enlists Tyler Jones as Chief Customer and Marketing Officer
WIRE)--CLARA Analytics ("CLARA"), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced that it has hired Tyler Jones to be its Chief Customer and Marketing Officer. Jones will be responsible for directing the company's complete relationship with its customers and driving efforts to assess and elevate experiences at each touchpoint across the customer journey, ensuring that commercial insurers are achieving optimal value from CLARA's AI platform. Reporting to CLARA CEO Heather H. Wilson, Jones will apply his unique blend of customer-focused innovation, technology and insurance industry expertise to CLARA's ongoing pursuit of superior customer value, continuous improvement, and exceptional service to its clients. Tyler Jones is a seasoned executive with nearly two decades of experience in the insurance and banking industries. During his tenure at Kaiser Permanente, he was accountable for technology strategies to support the company's revenue management operations.
China's robotaxis charged ahead in 2021 – TechCrunch
Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a new pilot program or a small-scale service. These press releases, often dotted with regulatory jargon and flowery language to aggrandize the companies' progress, can be confusing. That's why we put together this post summarizing the progress of China's major robotaxi operators -- AutoX, Baidu, Deeproute.ai, Didi, Momenta, Pony.ai and WeRide -- in 2021 while trying to parse what their announcements actually mean.
The Jeffrey Epstein VI Foundation Helps Launch Artificial Intelligence in Ethiopia
When it comes to Sub-Saharan Africa, the media always focuses on war, famine and disease. Little is known about the innovation and positive attributes stemming from the region. One such attribute, is the growth of computer science and artificial intelligence. Indeed, the field of AI has skyrocketed in developing nations with the advent of the home computer, but has recently found burgeoning roots, not in Silicon Valley, India or China, but in the bustling capital of Ethiopia. Thanks to a leading AI group in Hong Kong called OpenCog Foundation, funding from the Jeffrey Epstein VI Foundation based in New York, and the Hong Kong government, the AI lab in Sidist Killo, Ethiopia called Addis AI Lab, has become the computer science pioneer in Sub-Saharan Africa.
Conversational AI platform ORAI raises capital
Conversational artificial intelligence (AI) platform ORAI has raised Rs 6.5 crore in a Pre-series A Round led by Inflection Point Ventures, the company said in a statement on Thursday. The fresh capital will be utilised in the expansion of the company's sales and marketing team, to target larger markets, in the development of products and enhancements, and for research and development. Founded in 2020 by Sujit Das Biswas and Swapnil Jain, ORAI offers automation powered by AI with advanced features in a single bot that does all the work related to customer support, customer outreach, customer engagement, marketing, sales support, and post-sales services, the statement said. The platform enables clients to gain higher revenues and increased returns on investment using a humanised virtual assistant, the statement said. Currently, it has over 100 customers, including Group Landmark, Kataria Group, and Emcure, among others. "Artificial intelligence driven chatbot has witnessed an upsurge in demand as it helps businesses to grow and function holistically.
Artificial Intelligence Technology Solutions Files 8-K Detailing Commitment Not to Engage in a Reverse Stock Split of its Common Stock
Detroit, Michigan, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today filed a Form 8-K with the Securities and Exchange Commission that provides details on the company's corporate charter amendment that has been filed with the Nevada Secretary of State. The charter amendment formalizes the company's commitment not to engage in a reverse stock split of its Common Stock before January 1, 2024, unless the Company is uplisting the Company to NASDAQ or the NYSE. "The AITX investor community's support of our growth, progress and success is remarkable and much appreciated. Although I've shared this exact statement about not planning any reverse stock splits on Twitter, weekly videos, and other interactions, I'm happy to prove this beyond a doubt by locking it in with a corporate charter amendment and associated Form 8-K filing," said Steve Reinharz, CEO of AITX. "I will continue to balance the considerations of our clients, our retail investors, our team members, our dealers and our institutional investors to ensure we remain focused on our mission of building AITX into a powerhouse of human-aiding AI-enabled machines."
Preparing for the next disruption: 10 analytics trends to watch in 2022
SAS, the leader in analytics, asked its experts in health care, retail, government, fraud, data ethics and more. "Curiosity helps businesses address critical challenges – from improving job satisfaction to creating more innovative workplaces. Curiosity will be the most sought-after job skill in 2022 because curious employees help improve overall retention, even during the Great Resignation." "The pandemic upended expected business trajectories and exposed weaknesses in machine learning systems dependent on historical data and reasonably predictable patterns. This identified an acute need to bolster investments in traditional analytics teams and techniques for rapid data discovery and hypothesizing. Synthetic data generation will play a major role in helping businesses respond to continued dynamic markets and uncertainty in 2022."