MIQ | Jotup

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on:

Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points:

The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
"We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on:

Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points:

The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
"We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

California Resources Corporation Achieves MiQ “Grade A” Certification for its Los Angeles Basin Assets

Retrieved on:

Thursday, April 11, 2024

California Resources Corporation (NYSE: CRC) received a “Grade A” certification through MiQ’s Methane Emissions Performance Standard for its operating assets in Los Angeles and Orange Counties.

Key Points:

California Resources Corporation (NYSE: CRC) received a “Grade A” certification through MiQ’s Methane Emissions Performance Standard for its operating assets in Los Angeles and Orange Counties.
This is the first “Grade A” independently certified gas (ICG) designation that MiQ has presented to oil and natural gas operating assets in California and the Rocky Mountain region.
“We are very pleased with our ‘Grade A’ ICG certification from MiQ which is further evidence of CRC’s strong environmental, social and governance efforts while supporting energy transition in California.
MiQ certification is conducted by accredited, third-party auditors, and assessed against the MiQ Standard to assign an A to F grade for methane emissions performance.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on:

Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points:

The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Despite Record EV Production Numbers, Shortage of Battery Metals Looms

Retrieved on:

Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 /PRNewswire/ -- USA News Group – Giants of the auto industry have notably began sending senior executives to mingle with mining experts at events such as the BMO Global Metals & Mining Conference signalling an increasing importance to secure materials to make their cars. The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously. Despite Tesla reporting record Q1 2023 deliveries, Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand. To get there, many battery metals projects continue to be developed, including those from Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Albemarle Corporation (NYSE:ALB), and even Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE:BRK-B).

Key Points:

The reality is that there's a critical battery metals shortage looming, causing executives from car producers such as Tesla Inc. (NASDAQ:TSLA) (NEO:TSLA) and Ford Motor Company (NYSE:F) to take the matter very seriously.
Despite Tesla reporting record Q1 2023 deliveries , Benchmark Minerals projects will require more than 300 new battery metal mines to meet future EV demand.
It was in July 2022 that Ford announced it was going to buy lithium from ioneer for its US EV battery plant.
"Helping unlock lithium in the U.S. will help us support localized production of battery cells going forward," said Drake.

Guideline Appoints Rob Norman and Greg Coleman to Board of Directors

Retrieved on:

Wednesday, April 17, 2024

Ecosystem, WPP plc, Advertising, EVP, MIQ, Publishing, HuffPost, Workflow, Business, Intelligence, WPP, Friends, Digital, Guideline, Veteran, Yahoo!

NEW YORK, April 17, 2024 /PRNewswire/ -- Guideline, the single source of truth for advertising and spend pricing data, today announced the appointment of former GroupM Global Chief Digital Officer Rob Norman and Greg Coleman, former President of Buzzfeed and Criteo, to its board of directors.

Key Points:

"We formed Guideline to create a single source of truth for advertising spend and pricing data and modernize how brands and their agencies leverage information to optimize media budgets," said Scott Knoll, CEO at Guideline.
Prior to joining the Guideline board, Norman spent over 30 years at WPP's GroupM, the world's largest buyer of media, most recently as Global Chief Digital Officer and North America CEO.
He also serves as a board member of several private-equity-backed organizations within the technology-enabled advertising sector including MiQ, Piano, Simpli.fi, and Nova.
"I'm honored to be joining the Guideline board alongside some of my longtime colleagues and friends as the company enters its next wave of strategic innovation."

The Silent Revolution in Data Centers Driven by Artificial Intelligence

Retrieved on:

Tuesday, April 16, 2024

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom. With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers. The Data Center Equipment Market is exploding, with analysts at Straits Research projecting it to surpass $164 billion by 2031, growing at a whopping 13.2% CAGR along the way. According to Technavio, 38% of growth in the Data Center Rack PDU Market growth will originate from North America, while surging data center demand is pushing the limits of available workers. Among the innovators helping to bring the AI revolution to life are a mix of innovators, including Avant Technologies Inc. (OTC:AVAI), NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NASDAQ:AMD) (NEO:AMD), and Amazon.com, Inc. (NASDAQ:AMZN) (NEO:AMZN).

Key Points:

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom.
With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers.
AI tech developer, Avant Technologies Inc. (OTC: AVAI) specializes in the development of advanced AI and data center infrastructure solutions.
"The demands placed on data centers are constantly evolving," said Danny Rittman, Chief Information Officer of Avant.

The Silent Revolution in Data Centers Driven by Artificial Intelligence

Retrieved on:

Tuesday, April 16, 2024

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom. With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers. The Data Center Equipment Market is exploding, with analysts at Straits Research projecting it to surpass $164 billion by 2031, growing at a whopping 13.2% CAGR along the way. According to Technavio, 38% of growth in the Data Center Rack PDU Market growth will originate from North America, while surging data center demand is pushing the limits of available workers. Among the innovators helping to bring the AI revolution to life are a mix of innovators, including Avant Technologies Inc. (OTC:AVAI), NVIDIA Corporation (NASDAQ:NVDA) (NEO:NVDA), Intel Corporation (NASDAQ:INTC), Advanced Micro Devices, Inc. (NASDAQ:AMD) (NEO:AMD), and Amazon.com, Inc. (NASDAQ:AMZN) (NEO:AMZN).

Key Points:

VANCOUVER, BC, April 16, 2024 /PRNewswire/ -- EQUITY INSIDER – Data centers are at the core of what's powering the ongoing artificial intelligence (AI) boom.
With almost every major industry shifting towards AI, massive amounts of new infrastructure will still be needed, in particular data centers.
AI tech developer, Avant Technologies Inc. (OTC: AVAI) specializes in the development of advanced AI and data center infrastructure solutions.
"The demands placed on data centers are constantly evolving," said Danny Rittman, Chief Information Officer of Avant.

Kathairos Launches Energy Influencer Spotlight: PennEnergy Resources Champions Innovative Methane Emissions Reduction Across Appalachia

Retrieved on:

Tuesday, April 16, 2024

Methane, Integrity, MIQ, Partnership, Environmental stewardship, Culture, Renewable energy

This initiative celebrates the industry's frontrunners in environmental stewardship, showcasing PennEnergy's commitment to responsible energy production.

Key Points:

This initiative celebrates the industry's frontrunners in environmental stewardship, showcasing PennEnergy's commitment to responsible energy production.
"Environmental stewardship hasn't shaped our strategy, it has always been our strategy," said Greg Muse, President and Chief Operating Officer of PennEnergy Resources.
"The partnership between PennEnergy and Kathairos represents a powerful alignment of vision and values.
The Energy Influencers campaign, a strategic multi-channel endeavor, aims to spotlight major oil and gas producers' significant emissions reduction milestones and their adoption of cutting-edge technology.

Freestar Supercharges Tech Agenda With Appointment of Chief Technology Officer and Additional Strategic Senior Hires

Retrieved on:

Tuesday, March 19, 2024

NeXT, Automation, Digital marketing, Data science, Digital, SVP, Adweek, Acquisition, AI, Marketing, Burns, Machine learning, Privacy, Artificial intelligence, Advertising, Penske Media Corporation, MIQ, Video game

PHOENIX, March 19, 2024 (GLOBE NEWSWIRE) -- Freestar , the leading monetization partner for content publishers and e-commerce sites, today announced that Oliver Burns has been appointed Chief Technology Officer.

Key Points:

PHOENIX, March 19, 2024 (GLOBE NEWSWIRE) -- Freestar , the leading monetization partner for content publishers and e-commerce sites, today announced that Oliver Burns has been appointed Chief Technology Officer.
Burns’ promotion to the role underscores Freestar’s commitment to product innovation and building the next generation of advertising technology leveraging machine learning and Artificial Intelligence in new ways.
Reporting to Chief Executive Officer, Kurt Donnell, Burns will oversee Freestar’s extensive ad product portfolio, maintain excellence in engineering and drive the data science and AI agenda.
This tripartite role provides a platform for Burns to build more award-winning solutions for Freestar’s premium publishers.