Machine learning

EQS-News: Multitude SE preliminary unaudited 2023 results with strong revenue growth and earnings jump in 2023 in line with guidance

Retrieved on: 
Wednesday, April 10, 2024
Annual, EUR, Tax, Growth, Fintech, Asset, Wholesale banking, AI, Bank statement, Big data, Capital market, APM, SME, Machine learning

Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.

Key Points: 
  • Strong key financial metrics reflected the Group’s resilience and effectiveness in navigating economic conditions and capitalising on market opportunities.
  • Revenue increased by 8.5% (EUR 18.0 million) from EUR 212.5 million in 2022 to EUR 230.5 million in 2023.
  • Net interest income increased by 4.9% (EUR 9.8 million) from EUR 198.4 million in 2022 to EUR 208.2 million in 2023.
  • Multitude's EBIT from continuing operations reached EUR 45.6 million in 2023 compared to EUR 31.5 million in 2022.

Invibes Advertising : Strong growth in annual results 2023.

Retrieved on: 
Wednesday, April 10, 2024
Machine learning, ROI, Advertising, Depreciation

It should be noted that ML2Grow was sold in March 2024 and is therefore accounted for as a discontinued operation.

Key Points: 
  • It should be noted that ML2Grow was sold in March 2024 and is therefore accounted for as a discontinued operation.
  • The purpose of acquiring the company in 2019 was to strengthen Invibes' machine learning capabilities to further analyse data using AI.
  • Once again buoyed by a recovering digital advertising market, Invibes has entered 2024 with more favourable parameters.
  • In 2024, Invibes is confident that it will continue to grow its business while maintaining positive profitability.

u-blox incorporates newest Nordic Semiconductor Bluetooth chips in two new compact modules

Retrieved on: 
Wednesday, April 10, 2024
Socs, Nordic Semiconductor, Communication, Health, Internet of things, Internet, MCU, Bluetooth Low Energy, Life, Radio, PCB, Machine learning, PSA, Printed circuit board

The modules are based on the latest generation nRF54 Series Systems-on-Chip (SoCs) from Nordic Semiconductor.

Key Points: 
  • The modules are based on the latest generation nRF54 Series Systems-on-Chip (SoCs) from Nordic Semiconductor.
  • They both support Bluetooth LE 5.4 and Thread/Matter technologies in a compact, power-efficient, and secure format.
  • With more than twice the processing power of previous Bluetooth LE modules, ALMA-B1 can even replace general-purpose MCUs in a compact solution.
  • u-blox (SIX:UBXN) provides semiconductor chips, modules, and IoT services that reliably locate and connect every thing.

EQS-News: STAIDIUM U.S. Enters Media Naming Rights Agreement with Legacy VTC

Retrieved on: 
Wednesday, April 10, 2024
Midwestern United States, Sport, Partnership, OTT, Artificial intelligence, GSP, Athlete, Machine learning, STL, Advertising, Volleyball

DALLAS (April 9, 2024) – STAIDIUM U.S. is joining Legacy VTC (Volleyball Training Courts) in a media rights agreement that allows the sports streaming company to reach thousands of sports enthusiasts across the Midwestern United States and beyond, increasing the potential for additional sponsorship and advertising opportunities.

Key Points: 
  • DALLAS (April 9, 2024) – STAIDIUM U.S. is joining Legacy VTC (Volleyball Training Courts) in a media rights agreement that allows the sports streaming company to reach thousands of sports enthusiasts across the Midwestern United States and beyond, increasing the potential for additional sponsorship and advertising opportunities.
  • This partnership grants STAIDIUM U.S. the rights to events held on each of the 8 competitive courts in the venue and gives STADIUM U.S. exclusive naming rights at the facility for 5 years.
  • STAIDIUM U.S. broadcasts from Legacy VTC’s St. Louis venue are available to fans, coaches, and scouts on Staidium.TV.
  • "STAIDIUM U.S. increases the appeal of Legacy VTC to tournament directors because of the partnership, sponsorship, and advertising opportunities it creates."

EQS-News: Bayer and Aignostics to collaborate on next generation precision oncology

Retrieved on: 
Wednesday, April 10, 2024
Algorithm, Disease, Drug discovery, Intelligence, Partnership, Patient, Hospital, Artificial intelligence, Cancer, Executive Committee, AI, Biology, Bayer, Pathology, Machine learning, Pharmaceutical industry

Aignostics is a spin-off from one of the world’s leading hospitals, Charité-Universitätsmedizin Berlin, and a global leader in using computational pathology to transform complex biomedical data into biology insights.

Key Points: 
  • Aignostics is a spin-off from one of the world’s leading hospitals, Charité-Universitätsmedizin Berlin, and a global leader in using computational pathology to transform complex biomedical data into biology insights.
  • The partners will co-create a novel target identification platform that leverages Aignostics’ technology and proprietary multimodal patient cohorts, and Bayer’s deep expertise in discovering and developing novel oncology therapies.
  • Together with Bayer, we’re excited to transform AI’s immense potential into a reality for healthcare,” said Viktor Matyas, CEO of Aignostics GmbH.
  • Aignostics will receive an upfront payment and is eligible to receive success-based milestone payments and royalties on any commercialized therapies that result from the collaboration.

CredibleX and zypl.ai Form Strategic Partnership Harnessing Generative AI to Empower 20,000 SMEs

Retrieved on: 
Friday, March 29, 2024
SME, Entrepreneurship, Synthetic, Risk assessment, Heart, Stanford University, Machine learning, Data

Flagship credit decision software from zypl.ai (the "zypl.score") enhances CredibleX's instantaneous risk assessment and pre-approval engine for SMEs.

Key Points: 
  • Flagship credit decision software from zypl.ai (the "zypl.score") enhances CredibleX's instantaneous risk assessment and pre-approval engine for SMEs.
  • The uniqueness of zypl.score lies in a 'no data' AI approach centered on generation of synthetic data to complement other data sources for fintechs such as CredibleX.
  • Founder and CEO of zypl.ai , Azizjon Azimi, commented, "Synthetic data is at the core of generative AI revolution sweeping through the world of finance.
  • zypl.ai is pioneering generative AI in lending through application of proprietary synthetic data.

The Hunt for the Best in Fintech - Leadership, Innovation, AI Technology Shaping Future Growth

Retrieved on: 
Wednesday, March 20, 2024
Machine learning, Consumer, Growth, Klarna, IPhone, AML, ACH, Blockchain, Zettle, Muumuu, CNBC, Statista, Revolut, Research, Stripe, News, Ant Group, CME, Investment, Cloud computing, Fraud, Venmo, Chicago Mercantile Exchange, BSA, Patent, Iconic, Artificial intelligence, Cryptocurrency

Report Ocean says, "The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028.

Key Points: 
  • Report Ocean says, "The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028.
  • "Escalating investments in technology-driven solutions, including Artificial Intelligence (AI), Machine Learning (ML), cloud computing, and blockchain, are propelling the Fintech sector forward."
  • With strong growth on the horizon for Fintech stocks, the Industry is recognizing excellence and innovation in payments and financial technology to showcase the leaders.
  • For investors, industry recognition is another tool for due diligence, but using the company's technology is the best first hand test for defining the winners of the future.

SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence

Retrieved on: 
Monday, March 18, 2024
Intelligence, Social media, Artificial intelligence, AI, Security (finance), Marketing, Machine learning, Cryptocurrency

Washington, D.C.--(Newsfile Corp. - March 18, 2024) - The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements about their purported use of artificial intelligence (AI).

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - March 18, 2024) - The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements about their purported use of artificial intelligence (AI).
  • The firms agreed to settle the SEC’s charges and pay $400,000 in total civil penalties.
  • Investment advisers should not mislead the public by saying they are using an AI model when they are not.
  • Delphia agreed to pay a civil penalty of $225,000, and Global Predictions agreed to pay a civil penalty of $175,000.

Bellabeat Unveils Next-Gen IVY Health Tracker for Women: A Leap Forward in Advanced Temperature Tracking and Wellness

Retrieved on: 
Tuesday, March 19, 2024
Research, Temperature, Health, Medicine, Frontiers Media, Menstrual cycle, IVY, Heart rate, Ovulation, Journal, Fertility, Pregnancy, Woman, Reproductive biology, Skin temperature, Machine learning, Menstruation, Map, Endocrinology, Birth control

San Francisco, California--(Newsfile Corp. - March 19, 2024) - In its latest endeavor to revolutionize women's health technology, Bellabeat has launched the new IVY+ Health Tracker.

Key Points: 
  • San Francisco, California--(Newsfile Corp. - March 19, 2024) - In its latest endeavor to revolutionize women's health technology, Bellabeat has launched the new IVY+ Health Tracker.
  • It is equipped with a sophisticated temperature tracking feature, marking a significant advancement in menstrual and fertility tracking.
  • In conjunction with the Bellabeat app, the IVY+ Health Tracker transforms biometric data into actionable wellness insights.
  • The combination of the IVY+ Health Tracker and the Bellabeat app creates a comprehensive health monitoring experience that extends beyond traditional tracking methods.

SAP and NVIDIA to Accelerate Generative AI Adoption Across Enterprise Applications Powering Global Industries

Retrieved on: 
Tuesday, March 19, 2024
Cloud, GTC, Organization, ABAP, Data science, SAP, Partnership, RAG, Gold, NVDA, AI, Machine learning, SAP SuccessFactors, Maple syrup

SAP will use NVIDIA's generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new NVIDIA NIM(TM) microservices.

Key Points: 
  • SAP will use NVIDIA's generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new NVIDIA NIM(TM) microservices.
  • SAP and NVIDIA plan to collaborate to integrate generative AI into cloud solutions from SAP, which include the latest release of the SAP Datasphere solution, SAP Business Technology Platform (SAP BTP) and RISE with SAP.
  • SAP plans to build additional generative AI capabilities within SAP BTP using NVIDIA's generative AI foundry service, featuring NVIDIA DGX(TM) Cloud AI supercomputing, NVIDIA AI Enterprise software and NVIDIA AI Foundation models.
  • Once models are ready for deployment in cloud solutions from SAP, SAP plans to use NVIDIA AI Enterprise software, including NVIDIA NIM inference microservices and NVIDIA NeMo Retriever(TM) microservices.