CSAIL

edX Named to Fast Company's 2024 List of "Most Innovative Companies" for AI Advancements in Education

Retrieved on: 
Tuesday, March 19, 2024

LANHAM, Md., March 19, 2024 /PRNewswire/ -- edX, the global online learning platform from 2U, Inc. (Nasdaq: TWOU), has once again been included on Fast Company's annual list of the World's Most Innovative Companies. This list recognizes companies that are transforming business, shaping society, and paving the way for the innovations of tomorrow. For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.

Key Points: 
  • For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.
  • As a part of 2U, edX connects more than 83 million people with access to high-quality online education.
  • edX's inclusion in this year's list is a result of 2U's innovations in AI that seek to enhance and improve learners' experiences.
  • "Through our AI advancements, we're not just shaping the future of learning, but empowering individuals worldwide to thrive in the age of AI."

AI in Colleges and Universities

Retrieved on: 
Wednesday, February 28, 2024

GALES FERRY, Conn., Feb. 28, 2024 /PRNewswire/ -- Colleges and universities are at the forefront of Artificial Intelligence in research and education.

Key Points: 
  • GALES FERRY, Conn., Feb. 28, 2024 /PRNewswire/ -- Colleges and universities are at the forefront of Artificial Intelligence in research and education.
  • The Break Through Tech AI hub offers a free 18-month artificial intelligence program to a diverse range of students.
  • The college also runs an online 24-week artificial intelligence boot camp, which provides learners with the skills they need to work with AI.
  • The college also offers a short course for business owners to integrate AI in their organization.

Will quantum computing be better for your business?

Retrieved on: 
Friday, November 17, 2023

“Many business leaders are looking to quantum computing as the promising successor to classical computing, but research shows–and leaders in  quantum computing agree–it will continue to underperform classical computing in many areas,” says Thompson.

Key Points: 
  • “Many business leaders are looking to quantum computing as the promising successor to classical computing, but research shows–and leaders in  quantum computing agree–it will continue to underperform classical computing in many areas,” says Thompson.
  • “As a result, to understand where quantum computing will perform better first requires understanding why it can be.”
    The research paper finds that quantum computers must meet two conditions to yield an improvement on classical computers.
  • While these factors sound straightforward, they have powerful implications regarding which problems will benefit from quantum computing and which won’t.
  • Unfortunately, even if quantum computers could theoretically be better, they often aren’t in practice because current and near-term quantum computers have limited computational capacity, so they aren’t powerful enough to run the problems where quantum computers are better.

MIT Technology Review's flagship event, EmTech MIT, begins next week on the MIT campus

Retrieved on: 
Thursday, November 9, 2023

CAMBRIDGE, Mass., Nov. 9, 2023 /PRNewswire/ -- EmTech MIT, MIT Technology Review's flagship event on emerging technology and global trends, opens next week in-person and online from November 14-15, 2023, promising two days of innovation and inspiration for industry leaders, researchers, and innovators.

Key Points: 
  • As AI, biotech, and climate change continue to dominate the public consciousness and as more people look to understand what the future might look like, the questions and solutions discussed at EmTech MIT are more relevant than ever.
  • Curated by the MIT Technology Review editorial team and backed by the technology expertise of MIT, EmTech MIT speaks to this legacy and looks ahead to the real-world applications and commercial and social impact of the technologies and solutions explored onstage.
  • Attendees experience MIT Technology Review's journalism brought to life with thought-provoking interviews and Q&A sessions and unparalleled opportunities to connect with industry experts on the MIT campus.
  • The virtual experience includes an interactive event hub featuring livestreamed sessions, videos on-demand, and networking opportunities.

Preamble CEO selected for CEOcircle Program's new cohort

Retrieved on: 
Wednesday, October 11, 2023

PITTSBURGH, Oct. 11, 2023 /PRNewswire/ -- Jeremy McHugh, CEO and co-founder of Preamble, Inc., has been named a member of the new cohort for CEOcircle, a program launched in 2021 by Bunker Labs and JPMorgan Chase Commercial Banking. The year-long program builds a brain-trust of peers dedicated to helping companies scale and grow through education, connections, and networking.  

Key Points: 
  • PITTSBURGH, Oct. 11, 2023 /PRNewswire/ -- Jeremy McHugh, CEO and co-founder of Preamble, Inc. , has been named a member of the new cohort for CEOcircle , a program launched in 2021 by Bunker Labs and JPMorgan Chase Commercial Banking.
  • Preamble is a Pittsburgh-based technology startup pioneering SaaS-based safety and security for generative AI systems.
  • It is the only AI safety-focused business and Pennsylvania-based company in the 2023 cohort.
  • Preamble also recently announced it has joined NVIDIA Inception , a program that nurtures startups revolutionizing industries with technological advancements.

Kopin Corporation Reports Financial Results for the Second Quarter 2023

Retrieved on: 
Thursday, August 10, 2023

Product revenues for the second quarter ended July 1, 2023, were $6.0 million, compared to $9.0 million for the second quarter ended June 25, 2022.

Key Points: 
  • Product revenues for the second quarter ended July 1, 2023, were $6.0 million, compared to $9.0 million for the second quarter ended June 25, 2022.
  • SG&A expenses were $6.5 million for the second quarter of 2023, compared to $4.3 million for the second quarter of 2022.
  • The increase was primarily due to legal expenses of approximately $2.4 million for the second quarter of 2023 as compared to approximately $0.2 million for the second quarter of 2022, and bad debt expense of approximately $0.3 million for the second quarter of 2023 as compared to bad debt recoveries of approximately $0.2 million for the second quarter of 2022.
  • Net Loss Attributable to Kopin for the second quarter of 2023 was ($8.2) million, or ($0.07) per share, compared with Net Loss Attributable to Kopin of ($5.6) million, or ($0.06) per share, for the second quarter of 2022.

KBRA Releases Research – CMBS Loan Performance Trends: July 2023

Retrieved on: 
Wednesday, July 26, 2023

KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the July 2023 servicer reporting period.

Key Points: 
  • KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the July 2023 servicer reporting period.
  • After a slight improvement in June, the delinquency rate among KBRA-rated U.S. CMBS rose sharply in July to 3.93%, a 34-basis point (bp) increase.
  • The total delinquent and specially serviced loan rate continued trending upward for the fourth straight month to 6.44%, with a 37-bp month-over-month (MoM) increase.
  • In this report, KBRA provides observations across our $314.8 billion rated universe of U.S. private label CMBS including conduits, SASB, and large loan (LL) transactions.

Digital Locations CEO Rich Berliner Discussed the Potential of Direct Satellites to Smartphone Communication with Space Technology and Security Expert

Retrieved on: 
Tuesday, July 25, 2023

SANTA BARBARA, CA, July 25, 2023 (GLOBE NEWSWIRE) -- Digital Locations, Inc. (OTCMKTS: DLOC), the developer of a disruptive technology that will deliver high-speed Internet from satellites directly to smartphones all over the world, today announced that in a recent podcast, its CEO, Rich Berliner, spoke with Dr. Gregory Falco, Assistant Prof at Cornell University. During the conversation, Dr. Falco commented about the challenges of communication ambiguity and data ownership

Key Points: 
  • He is the director of the Aerospace ADVERSARY Laboratory, which designs and develops next-generation autonomous, secure and resilient space infrastructure.
  • His space technology research is policy-relevant and advances standards and national security conversations relating to space supremacy and cybersecurity.
  • He was listed in Forbes 30 Under 30 for Enterprise Technology, named a DARPA RISER, and received the DARPA Young Faculty Award for his disruptive security and space technology research.
  • He consults for a range of big technology companies, space systems and defense contractors including Johns Hopkins University’s Applied Physics Laboratory.

Kopin Joins MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) Alliances Program

Retrieved on: 
Tuesday, June 27, 2023

Kopin® Corporation (Nasdaq: KOPN), a leading provider of application specific optical systems and high-performance micro-displays for defense, enterprise, professional and consumer markets, today announced that it has joined MIT’s CSAIL Alliances Program.

Key Points: 
  • Kopin® Corporation (Nasdaq: KOPN), a leading provider of application specific optical systems and high-performance micro-displays for defense, enterprise, professional and consumer markets, today announced that it has joined MIT’s CSAIL Alliances Program.
  • “Participation in MIT’s CSAIL program will help augment Kopin’s product development efforts and keep the company on the cutting edge of AI.
  • “Kopin spun out of MIT almost 40 years ago and we believe this renewed relationship and engagement will help support our research and application specific product developments, in this area.”
    MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) is the largest research laboratory at MIT.
  • CSAIL’s mission is to pioneer new research in computing that improves the way people globally live, work, play, and learn.

NTT Research Co-Authored Publication Demonstrates Optically Accelerated Edge Computing

Retrieved on: 
Tuesday, May 9, 2023

The project has enjoyed support from NTT Research, which announced a five-year joint research agreement with MIT in November 2019 that included the goal of developing photonic accelerators for deep learning.

Key Points: 
  • The project has enjoyed support from NTT Research, which announced a five-year joint research agreement with MIT in November 2019 that included the goal of developing photonic accelerators for deep learning.
  • Corresponding author Alexander Sludds discussed Netcast at Coherent Network Computing (CNC) 2022 , an NTT Research-organized conference that took place October 24–26 at Stanford University.
  • The NASA Ames Research Center in Silicon Valley and 1QBit , a private quantum computing software company, have also entered joint research agreements with the PHI Lab.
  • In March 2022, NTT Research joined the MIT AI Hardware program as an inaugural industrial member.