Deep learning

Focal Systems Announces Kevin H. Johnson as new CEO

Retrieved on: 
Tuesday, April 2, 2024

SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) -- Focal Systems , the leader in AI applications for retail operations, today announced the appointment of Kevin H. Johnson as CEO, effective April 2, 2024.

Key Points: 
  • SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) -- Focal Systems , the leader in AI applications for retail operations, today announced the appointment of Kevin H. Johnson as CEO, effective April 2, 2024.
  • Founding CEO, Francois Chaubard, will transition to the role of CTO to focus his attention on the science of deep learning in retail.
  • “I am thrilled to join Francois and the team as they deploy the most advanced AI solutions to brick-and-mortar retailers,” said Johnson.
  • “Focal Systems already drives significant ROI for its customers by reducing operating costs, improving product availability, and optimizing mix.

Wearable Devices Signs Reseller Agreement to Scale its Licensing Program Reach to Enterprises in South Korea and China

Retrieved on: 
Monday, April 1, 2024

This collaboration aims to scale the Company’s licensing program reach by enabling local, on-site support and customization for enterprises in the markets of South Korea and China, tapping into WisePlus' extensive network and expertise in these regions.

Key Points: 
  • This collaboration aims to scale the Company’s licensing program reach by enabling local, on-site support and customization for enterprises in the markets of South Korea and China, tapping into WisePlus' extensive network and expertise in these regions.
  • This partnership will leverage WisePlus' presence and deep market knowledge in South Korea and China, providing fast local access and support to enterprise customers in these areas.
  • Asher Dahan, Chief Executive Officer of Wearable Devices, said: "We are delighted to announce our partnership with WisePlus as our chosen added value reseller in the region.
  • For more information on the Mudra Developer Kit, please visit Wearable Devices: https://www.wearabledevices.co.il/mdk

South Korea's Leading Adult Education Company, Fast Campus, Intensifies Its Foray into the US Market with New Business Ventures

Retrieved on: 
Wednesday, March 27, 2024

Fast Campus, operating as an independent entity within DAY1 COMPANY (formerly known as Fast Campus, with Lee Kang-min as CEO), is the leading organization in South Korea.

Key Points: 
  • Fast Campus, operating as an independent entity within DAY1 COMPANY (formerly known as Fast Campus, with Lee Kang-min as CEO), is the leading organization in South Korea.
  • To date, Fast Campus boasts a cumulative sale of 950,000 courses and a membership of 890,000 individuals.
  • Fast Campus is set to launch its online education courses aimed at the US market this March.
  • He further expressed his hope, "More US professionals will take advantage of Fast Campus to receive specialized job skill training, thereby gaining opportunities for significant career growth."

VAST Data Appoints Rick Scurfield to Executive Leadership Team as Chief Revenue Officer

Retrieved on: 
Tuesday, March 26, 2024

Remote-First-Company | NEW YORK CITY, March 26, 2024 (GLOBE NEWSWIRE) -- VAST Data , the AI data platform company, today named Rick Scurfield as its Chief Revenue Officer (CRO).

Key Points: 
  • Remote-First-Company | NEW YORK CITY, March 26, 2024 (GLOBE NEWSWIRE) -- VAST Data , the AI data platform company, today named Rick Scurfield as its Chief Revenue Officer (CRO).
  • In this new role, Scurfield is poised to help VAST enable organizations around the world to make their data more meaningful, unlocking radical intelligence and utility.
  • Scurfield, a veteran sales executive in the technology industry, brings a wealth of experience to VAST Data.
  • While at NetApp, Scurfield played a pivotal role in transforming the company's go-to-market (GTM) strategies and significantly boosting revenue streams.

IGC Pharma Adds Advisor in Artificial Intelligence

Retrieved on: 
Tuesday, April 9, 2024

IGC Pharma, Inc. ("IGC Pharma," "IGC" or the "Company") (NYSE American: IGC) today announces the addition of Pablo Arbelaez, Ph.D., an expert in artificial intelligence (“AI”) and one of the world's top researchers.

Key Points: 
  • IGC Pharma, Inc. ("IGC Pharma," "IGC" or the "Company") (NYSE American: IGC) today announces the addition of Pablo Arbelaez, Ph.D., an expert in artificial intelligence (“AI”) and one of the world's top researchers.
  • This will help IGC Pharma identify individuals who are most likely to respond to treatment and accelerate the delivery of treatments to patients.
  • Pablo Arbeláez is a distinguished researcher with over 20 years of experience in Computer Vision and Artificial Intelligence.
  • Ram Mukunda, CEO of IGC Pharma, stated, "We welcome Dr. Pablo Arbelaez to our team of Senior Advisors.

CoreSite Helps Customers Accelerate Artificial Intelligence Adoption as NVIDIA DGX-Ready Data Center Partner

Retrieved on: 
Tuesday, April 9, 2024

By choosing to host their NVIDIA DGX ™ infrastructure with CoreSite, customers can benefit from a national portfolio of high-density-powered data center campus environments for NVIDIA AI and high-performance computing at CoreSite locations including Los Angeles ( LA3 ), Silicon Valley ( SV9 ), Chicago ( CH2 ) and Northern Virginia ( VA3 ).

Key Points: 
  • By choosing to host their NVIDIA DGX ™ infrastructure with CoreSite, customers can benefit from a national portfolio of high-density-powered data center campus environments for NVIDIA AI and high-performance computing at CoreSite locations including Los Angeles ( LA3 ), Silicon Valley ( SV9 ), Chicago ( CH2 ) and Northern Virginia ( VA3 ).
  • “The exponential growth of AI and other emerging applications has increased the need for highly interconnected, purpose-built data centers to meet the growing demands for IT, power and cooling infrastructure,” said Juan Font, President and CEO of CoreSite, SVP of American Tower.
  • “Our certification as an NVIDIA DGX-Ready Data Center program partner will enhance CoreSite’s ability to deliver the data center space, advanced cooling and ultra high-density power requirements customers need while making it easier for them to deploy advanced technologies and bring their innovations to market.”
    As AI adoption accelerates, CoreSite data centers serve as hubs for interconnection, providing broad and efficient access to the data sources that are training AI models.
  • Current CoreSite customer AI use cases include:
    Software solutions offering real-time development platforms for companies in gaming, media and entertainment, general enterprise, manufacturing, government and more

Deloitte Digital Expands Apple Practice, Launches New Academy for Apple Vision Pro to Empower Enterprises and Prepare for the New Era of Spatial Computing

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- 

Key Points: 
  • These courses cover a range of topics from ideation and application of spatial computing solutions to understanding spatial computing concepts and app development for Apple Vision Pro.
  • The Academy will help organizations empower their existing teams and prepare for the new era of spatial computing.
  • The Academy for Apple Vision Pro will help organizations empower their existing teams and prepare for the new era of spatial computing.
  • "The expansion of Deloitte's Apple practice and launch of their new Academy for Apple Vision Pro will help enterprises quickly take advantage of the new era of spatial computing.

Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier

Retrieved on: 
Tuesday, April 9, 2024

DETROIT, April 9, 2024 /PRNewswire/ -- Rocket Mortgage, America's largest retail mortgage lender and a part of Rocket Companies (NYSE: RKT), today unveiled Rocket Logic – the company's patented artificial intelligence (AI) driven technology platform designed to make homeownership simpler and quicker. This platform makes the mortgage process more efficient by combining insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with state-of-the-art deep learning and generative AI systems, allowing Rocket Mortgage to close more loans faster.

Key Points: 
  • Patented platform simplifies and automates the end-to-end homebuying experience by leveraging generative AI, automation and machine learning
    DETROIT, April 9, 2024 /PRNewswire/ -- Rocket Mortgage , America's largest retail mortgage lender and a part of Rocket Companies (NYSE: RKT), today unveiled Rocket Logic – the company's patented artificial intelligence (AI) driven technology platform designed to make homeownership simpler and quicker.
  • Through Rocket Logic, homebuyers spend less time answering questions and confirming details for mortgage bankers.
  • Using AI, Rocket Logic scans and identifies the files to ensure clients are providing the correct documentation.
  • Rocket Mortgage plans to unveil additional products built on the Rocket Logic platform, including offerings for external partners, throughout 2024.

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on: 
Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.  The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets.  Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately."  Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points: 
  • A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
  • The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
  • Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
  • This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on: 
Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.  The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets.  Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately."  Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points: 
  • A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
  • The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
  • Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
  • This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.