Federated learning

OctaiPipe raises £3.5 million to deliver secure Edge AI and lessen Cloud dependency for Critical Systems

Retrieved on: 
Friday, January 26, 2024
Software, Technology, Artificial Intelligence, Cloud computing, Public utility, Platform as a service, Privacy, Build automation, Multimedia, Microsoft, Failure, Internet of things, AI, Security, Atlas, Environment, Water, AWS, Original equipment manufacturer, ARUP, Machine learning, Federated learning, Microsoft Azure, Azure, Platform

OctaiPipe , the end-to-end Edge AI platform, has announced raising £3 million in pre-Series A funding and a £500,000 non-equity grant.

Key Points: 
  • OctaiPipe , the end-to-end Edge AI platform, has announced raising £3 million in pre-Series A funding and a £500,000 non-equity grant.
  • However, due to security concerns regarding data processing in the Cloud and rising Cloud AI costs, the utilisation of connected devices and AI in Critical Infrastructure has, until now, been limited.
  • Launched in 2022, OctaiPipe provides data scientists and AI engineers working in Critical Infrastructure with a trustworthy end-to-end Federated Learning Operations (FL-Ops) platform.
  • It’s clear that AI has the potential to unlock massive gains in Critical Infrastructure, but only if we can trust that its critical data is secure.

Cathay Financial Holdings Announces Its Digital Users Surpass 8.6 Million, Making Customers the Biggest Winners of Digital Transformation

Retrieved on: 
Thursday, October 5, 2023
Cloud, ABCD, Multimedia, Hospital, Cathay United Bank, Lead, AI, RAG, Insurance, FHC, Ecosystem, FHIR, Advanced Technology Development Center, Synthetic data, Cathay, Oracle, Digital data, DDT, Retrieval, ChatGPT, Federated learning, Conference, Linde Air Products Factory, Fintech, Medical device, Cryptocurrency, Blockchain

TAIPEI, Oct. 5, 2023 /PRNewswire/ -- As technology reshapes financial institutions worldwide, companies with strong technological capabilities are positioned to take the lead. Underscoring this important role technology is playing, Cathay Financial Holdings (Cathay FHC) recently held its Annual Conference on Technology on September 20, centering on the theme of "Integrating Technology for an Inclusive New Intelligence." Attracting over 2,000 participants both online and offline, this year's Conference focused on the "ABCDEs" of major technologies and trends — AI, Blockchain, Cloud, Data, and Ecosystems.

Key Points: 
  • He also mentioned that digital transformation is an "endurance race with constantly changing goals and no finish line."
  • Having begun its major push for digital transformation eight years ago with the Digital Data and Technology Development Center (DDT), Cathay FHC has been empowering the digital, data, and technology sectors for some time.
  • As a result of these efforts, the total digital users across all businesses under the Cathay Group now exceed 8.6 million.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/cathay-financial-holdings-annou...
    SOURCE Cathay Financial Holdings Co., Ltd.

OctaiPipe releases version 2.0 of its Federated Learning Operations (FL-Ops) platform for Critical Infrastructure on-device AI

Retrieved on: 
Thursday, September 21, 2023
Urban Planning, Technology, Other Construction & Property, Utilities, Construction & Property, IOT (Internet of Things), Security, Energy, Telecommunications, Software, Audio, Video, Building Systems, Networks, Internet, Hardware, Data Management, Artificial Intelligence, Cloud, Database, Intellectual property, Platform as a service, Infrastructure, Internet of things, Original equipment manufacturer, TLS, Artificial intelligence of things, Microsoft, Multimedia, Privacy, Critical infrastructure, Machine learning, Algorithm, Federated, PyTorch, AI, Azure, Federated learning, Environment, AWS, 2023 Notre Dame Fighting Irish football team, Automation, Mobile phone, Medical device, Video game, Audit, Critical, Project Jupyter

OctaiPipe, the Federated Learning Operations (FL-Ops) company, today announced general availability of version 2.0 of its platform.

Key Points: 
  • OctaiPipe, the Federated Learning Operations (FL-Ops) company, today announced general availability of version 2.0 of its platform.
  • Federated Learning Operations (FL-Ops) enables the deployment of AI to the edge and the management of distributed learning across a network of intelligent devices.
  • Society depends on the resilience, performance and security of our Critical Infrastructure – by making Federated Learning for IoT easy to deploy, OctaiPipe is ensuring Critical Infrastructure can continue to be trusted in the age of AI."
  • Watch the OctaiPipe v2.0 demo here: https://youtu.be/NCKB6tI_wck
    Launched in 2022, OctaiPipe is an end-to-end Federated Learning (FL) Edge AI platform optimised for creating, deploying, and managing machine learning IoT solutions in Critical Infrastructure environments.

Consilient Expands Team Adding Jeremy Kedziora as Director of Data Science

Retrieved on: 
Monday, June 5, 2023
Giant, Natural language processing, University, Doctor of Philosophy, Data science, Rochester, Northwestern Mutual, Milwaukee School of Engineering, Game theory, Government, Consilient, CIA, Machine learning, Risk, Artificial intelligence, Federated learning, Management, Medical device, Engineering

WASHINGTON, June 5, 2023 /PRNewswire/ -- Consilient, a fintech innovator aiming to transform how the industry prevents financial crime, has announced that Jeremy Kedziora as joined the team as the Director of Data Science where he is responsible for advancing the company's approach in the use of Federated Learning. Kedziora brings 17 years of experience as a researcher and scientist focused on developing new methods in machine learning, Bayesian inference and game theory.

Key Points: 
  • WASHINGTON, June 5, 2023 /PRNewswire/ -- Consilient , a fintech innovator aiming to transform how the industry prevents financial crime, has announced that Jeremy Kedziora as joined the team as the Director of Data Science where he is responsible for advancing the company's approach in the use of Federated Learning.
  • Kedziora brings 17 years of experience as a researcher and scientist focused on developing new methods in machine learning, Bayesian inference and game theory.
  • Previously Kedziora was a director of data science and analytics at Northwestern Mutual, where he managed the development of cybersecurity machine learning.
  • Kedziora served nine years at the U.S. Central Intelligence Agency (CIA) as a chief methodologist where he led applied R&D efforts in data science and modeling.

WeBank Recognized as "Best Global Digital-Only Bank" by The Asian Banker

Retrieved on: 
Thursday, April 6, 2023
Transfer, Fintech, Blockchain, Maintenance, The Asian Banker, Health, Marketing, Farmer, Agriculture, Disability, Privacy, Intelligence, FATE, WeBank (China), WeBank, Linux Foundation, Research, Carbon, FISCO, Cloud computing, Knowledge, MSME-Champions, Federated, AI, Ecosystem, TAB, Federated learning, Transfer learning, RMB, KYC, Bank, Cryptocurrency

In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".

Key Points: 
  • In addition, WeBank received two awards, namely "Best Digital-Only Bank in Asia Pacific" and "Best Chatbot/Voice Banking Service".
  • Sponsored by The Asian Banker, the leading provider of strategic intelligence and community platforms in the financial services industry, the TAB (The Asian Banker) Global Excellence in Retail Financial Services Awards 2023 were presented at the recent Excellence in Retail Financial Services Convention 2023 in Hanoi, Vietnam.
  • As a world-leading digital bank and China's pioneer digital bank, WeBank has always leveraged technology to drive business growth.
  • The winners of the awards are determined by international researchers and advisors of the Asian Banker based on their evaluations, investigations, and interviews.

NICE Actimize 2023 Fraud Insights Report Reveals Attempted Fraud Transactions Have Increased By 92% Over Previous Year

Retrieved on: 
Thursday, March 9, 2023
Other Professional Services, Security, Data Management, Technology, Finance, Fintech, Consulting, Banking, Business, Apps, Applications, Professional Services, Artificial Intelligence, Other Technology, Software, Networks, Internet, FIS, Money, Artificial intelligence, Research, NICE, Machine learning, Federated, ACH, NICE Ltd., Risk, Federated learning, Money mule, Financial institution, FI, Fraud, Pharmaceutical industry, Cryptocurrency, Textile

NICE Actimize, a NICE (NASDAQ: NICE) business, has released "The 2023 NICE Actimize Fraud Insights Report" that delves deeply into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions.

Key Points: 
  • NICE Actimize, a NICE (NASDAQ: NICE) business, has released "The 2023 NICE Actimize Fraud Insights Report" that delves deeply into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions.
  • Fraudsters are becoming increasingly sophisticated, shifting their tactics from traditional account takeover and unauthorized fraud to more complex authorized payments fraud (scams).
  • The report indicated that from 2021 to 2022, attempted fraud transactions skyrocketed by 92% and attempted fraud amounts have soared by 146%.
  • To download a copy of NICE Actimize’s 2023 Fraud Insights report, please click here .

FedML announces partnership with Theta Network to empower Collaborative Machine Learning for Generative AI and Ad Recommendation

Retrieved on: 
Thursday, February 16, 2023
Theta, ML, Natural language processing, Advertising, Entrepreneurship, Federated learning, Blockchain, Synthetic media, Privacy, Generative, Partnership, Machine learning, AI, History, Medical device, Cryptocurrency

Los Angeles, CA, Feb. 16, 2023 (GLOBE NEWSWIRE) -- FedML , a Collaborative/Federated Machine Learning and Edge AI Platform that empowers communities to build and connect AI applications anywhere at any scale, announced today that it will partner with Theta Network to enable collaborative machine learning for Generative AI and content recommendation and advertisement, powered by the Theta edge network.

Key Points: 
  • Los Angeles, CA, Feb. 16, 2023 (GLOBE NEWSWIRE) -- FedML , a Collaborative/Federated Machine Learning and Edge AI Platform that empowers communities to build and connect AI applications anywhere at any scale, announced today that it will partner with Theta Network to enable collaborative machine learning for Generative AI and content recommendation and advertisement, powered by the Theta edge network.
  • Federated Learning is a solution to the data-sharing concern that the public and enterprises have (due to privacy, security, regulations, etc.)
  • While the community would enjoy the benefits of AI in these applications, they still want to keep their private information confidential.
  • Fortunately, FedML allows AI technologies to use these personal datasets without centralizing or transferring the data.

InsightFinder launches federated learning to help customers predict and prevent incidents at scale

Retrieved on: 
Thursday, September 22, 2022
Failure, Root cause analysis, Running, Privacy, Technology, Federated learning, Algorithm, Anomaly, Machine learning, Risk, IOT, Medical device, Artificial Intelligence for IT Operations

DURHAM, N.C., Sept. 22, 2022 /PRNewswire-PRWeb/ -- Companies struggle with the amount of data they collect every day, as well as how to derive insights from it. Now, InsightFinder helps solve these problems by offering distributed federated learning as a scalable and cost effective way for businesses to analyze their data at scale. Combined with InsightFinder's proactive anomaly detection, incident prediction, and prevention technology, this approach enables opportunities to scale in new and powerful ways.

Key Points: 
  • Now, InsightFinder helps solve these problems by offering distributed federated learning as a scalable and cost effective way for businesses to analyze their data at scale.
  • Scale Federated learning allows companies to obtain InsightFinder insights across geo-distributed systems such as IoT systems in a cost efficient way.
  • Federated Learning is a machine learning technique that allows environments to use specific algorithms and process data locally.
  • InsightFinder's federated learning works like this: our patented unsupervised machine learning technology is deployed to edge nodes called edge engine.

State-of-the-art Edge AI platform to accelerate UK's AI adoption

Retrieved on: 
Friday, July 22, 2022
AI, University, Building, Intelligence, Innovation, Data collection, Innovate UK, Privacy, Traction, News, HVAC, Machine learning, Federated, Technology, IOT, Federated learning, Medical device, Financial services, Edge

UK deep tech AI company, T-DAB.AI , has closed their funding round of 495,000 to accelerate the development of their Edge AI platform.

Key Points: 
  • UK deep tech AI company, T-DAB.AI , has closed their funding round of 495,000 to accelerate the development of their Edge AI platform.
  • The funds will bring forward more advanced Federated Learning capabilities, automated Edge ML-Ops, and accelerated deployment mechanisms.
  • T-DAB.AI's state-of-the-art Edge AI platform will revolutionise AI for IoT applications.
  • It will enable Edge AI to be implemented across IoT infrastructure without the need to move vast volumes of data to the cloud.

Provdotnet Acquires USA Assets from CloudSigma, Launches Alpha 3 Cloud Services, and Joins the HPE Partner Ready Service Provider Program

Retrieved on: 
Wednesday, June 29, 2022
Cloud, Security, Rest, Computing, Solution, CEO, Technology, Silicon, Infrastructure as a service, Ecosystem, Industry, Service, Hewlett Packard Enterprise, Platform as a service, Economics, Compliance, Privacy, Alpha, Public sector, Federated learning, LLC, NYSE, Organization, SGX, Intel, Blockchain, PRSP, HPE, Storage, Confidentiality, Customer, Service provider, Infrastructure, Software, Video game console, Software

PROVIDENCE, R.I., June 29, 2022 /PRNewswire/ -- Alpha 3 Cloud®, a high-performance cloud service provider, today announced that it has acquired the USA Cloud Operations and Infrastructure Assets of CloudSigma a premier cloud services provider headquartered in Zug Switzerland.  The USA Cloud operations that were acquired are located in Northern VA, and Silicon Valley. The company also announced it has joined the HPE Partner Ready Service Provider (PRSP) program as a Confidential Computing IaaS and PaaS cloud provider for thousands of HPE partners and customers. Alpha 3 Cloud® becomes the first PRSP member to offer the Confidential Computing Cloud delivered as a service.

Key Points: 
  • PROVIDENCE, R.I., June 29, 2022 /PRNewswire/ -- Alpha 3 Cloud, a high-performance cloud service provider, today announced that it has acquired the USA Cloud Operations and Infrastructure Assets of CloudSigma a premier cloud services provider headquartered in Zug Switzerland.
  • The company also announced it has joined the HPE Partner Ready Service Provider (PRSP) program as a Confidential Computing IaaS and PaaS cloud provider for thousands of HPE partners and customers.
  • Alpha 3 Cloud becomes the first PRSP member to offer the Confidential Computing Cloud delivered as a service.
  • Alpha 3 Cloud and HPE bring to market a suite of hybrid cloud solutions as a service, enabled by HPE GreenLake.