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Artificial Intelligence

Opportunity Calgary Investment Fund supports AltaML initiative to create AI/ML talent pipeline

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Calgary, AB, July 22, 2020 (GLOBE NEWSWIRE) — The Opportunity Calgary Investment Fund (OCIF) will provide AltaML Inc. with up to $3.25 million over three years to create applied data science internships to accelerate artificial intelligence/machine learning (AI/ML) skill development in Calgary through hands-on, mentored work experience.Alberta has a long history at the forefront of AI/ML as a result of decades-long investment in academic research. The applied data science internship program will be an industry-led initiative, building on and extending the province’s strength in the field, and specifically shoring up capacity in Calgary.AltaML has partnered with ATB Financial and Spartan Controls to deliver the internship program in which paid interns with appropriate STEM qualifications can learn to solve real-world industry problems using data and applied AI/ML – thereby gaining essential experience for job readiness. Discussions are underway with Suncor Energy to explore how they can participate in this initiative.The program will operate on a cohort basis with the first three-month cohort launching October 1, 2020, and over the program term, up to 240 individuals will have the opportunity to participate. Individuals interested in applying for internships are encouraged to follow AltaML’s social media accounts to receive updates.“Calgary is an innovation hub across a number of sectors and creating the capacity for training and advancement through AltaML’s centre of excellence will further that reputation,” said Mayor Naheed Nenshi, a member of the OCIF Board of Directors. “This investment will help grow the talent pipeline necessary to address the increased demand for professionals in the artificial intelligence and machine learning space.”The applied data science internship program is targeted at addressing a local shortage of experienced AI/ML talent faced by Calgary companies specializing in delivering AI/ML products and services, as well as local companies that endeavor to develop their own in-house AI/ML teams and capabilities.“It’s a no-brainer for AltaML to be in Calgary with all the decision makers, capital and data concentrated here, but a constraint on our plans for growth is the availability of local AI/ML talent,” said AltaML Co-founder and CEO Cory Janssen.“We quickly realized that we’d be competing with our industry partners for data science talent with experience on applied business problems, so we took a collaborative approach in developing the concept for the internship program. Now with industry and post-secondary partnerships and support from OCIF, we can begin implementing it. We are proud to lead this initiative and to partner with these premiere Calgary companies.”“At ATB Financial, we strive to provide our customers with expert advice to support them in building their financial future, and this is enabled in part through the creation of world-class, trusted artificial intelligence,” said Curtis Stange, President and CEO of ATB Financial. “We are proud to sponsor the applied data science internship program, knowing it is an important step to building talent to support Alberta’s future prosperity.”“We are very excited to be working with AltaML on this important initiative to develop talent in Calgary,” said Grant Wilde, President & CEO of Spartan Controls. “AI/Machine learning is one of the fastest growing fields in the world today and our team at Spartan is focused on accelerating industry innovation by combining our automation expertise and applied data science.”“AltaML’s internship program will provide significant opportunities for students in the recently approved Master of Data Science and Analytics program. Furthermore, this initiative will help to solidify Calgary as a home that fosters Data Science learning and as a pipeline of Data Science talent for many years to come,” said Usman Alimand Jim Stallard, Co-directors of the Data Science and Analytics program at the University of Calgary.AltaML is the 11th submission to be approved for OCIF funding.“We are excited to support AltaML, who is a proven leader in developing and commercializing ML software, in building out the programming and training foundation to address the need for talent to take advantage of opportunities critical to companies’ growth in our market. OCIF is excited to support and partner with AltaML and their established industry players to put Calgary on the map and train the next generation of AI and ML talent to help support and grow the local ecosystem” said Mark Blackwell, Chair of the OCIF Board.The Opportunity Calgary Investment Fund was launched by The City of Calgary in April 2018 to support investments that spur growth and create jobs in strategic sectors identified in the economic strategy Calgary in the New Economy.A live stream of the Opportunity Calgary Investment Fund announcement will start at 9 a.m. MT on July 22, 2020. Join using this link:https://bit.ly/30xLqFjAbout Opportunity Calgary Investment Fund:Opportunity Calgary Investment Fund was created as a wholly owned subsidiary of The City of Calgary in 2018 to support catalytic investments within the city that will help diversify and transform the economy. The Fund is administered by Calgary Economic Development and has a volunteer Board of Directors.For more information,visit our website.For more information contact:Media Cell: 403 880 7040Email: [email protected]About AltaML:AltaML builds transformational software for business, powered by machine learning (ML). We partner with organizations using a co-development model where we can provide technical and strategic expertise on how to leverage their data with AI/ML to deliver significant ROI and new forms of competitive advantage. AltaML has successfully deployed AI solutions across many industries including health care, energy, utilities, construction, agriculture, financial services, and more.For more information contact:Lucas Scheer, Managing DirectorCell: 403 305 0997Email: [email protected]About ATB Financial:With $55.8 billion in assets, ATB Financial is an Alberta-built financial institution that is a catalyst for economic growth in our province. We got started in 1938 to help Albertans through tough economic times and are still the only financial institution in more than 100 Alberta communities. ATB’s more than 5,000 team members love to deliver exceptional experiences to nearly 777,000 customers in our 175 branches, 139 agencies, 24-hour Client Care Centre, four entrepreneurcentres, or through our digital banking options. Everything we do is focused on how we can serve Albertans—from providing expert advice and supporting entrepreneurs to helping Albertans buy a home and grow their wealth.For more information contact:ATB Financial, Media Relations [email protected]About Spartan Controls:Spartan Controls is the leading provider of automation, valves, measurement, process control, digital transformation, and solutions in Western Canada. For over 55 years, Spartan has provided customers with high performance solutions, industry expertise, lifecycle support, and technical training — delivering value our customers want. Our automation solutions are used in all process industries including oil and gas, oil sands, mining, pulp and paper, power, pipeline, and municipal. We are dedicated to providing exceptional customer experiences and delivering superior business results where expertise and collaboration come together. For more information, visit www.spartancontrols.com. For further information: Spartan Controls, p: 403-207-0700, e: [email protected]Media
Calgary Economic Development
403-880-7040
[email protected]

Artificial Intelligence

The Channel Company Announces New Chief Revenue Officer Wayne Silverman

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WESTBOROUGH, Mass., April 16, 2024 /PRNewswire/ — The Channel Company, a global provider of news, insights, strategy, events, and marketing services for the information technology industry, announced today that Wayne Silverman has joined the executive team as Chief Revenue Officer. Silverman will lead all aspects of The Channel Company’s worldwide revenue growth initiatives, sales strategy innovation, and customer engagement.

Silverman joins The Channel Company most recently from Spiceworks Ziff Davis (SWZD), where he served as Chief Revenue Officer. He also brings more than 25 years of digital media, technology, SaaS, and big data experience within global roles. Silverman has driven revenue innovation and growth across prominent companies including CBS, Dun & Bradstreet, International Data Group (IDG), CNET, and Business.com where he held senior leadership positions. 
“We are thrilled to welcome Wayne to the team,” said Matthew Yorke, CEO of The Channel Company. “His global expertise within the technology and digital media industries alongside his unwavering dedication to customer experience will continue to elevate how we deliver for our clients and drive expanded opportunities for our organization.”
“It’s a privilege to step into the role of CRO at The Channel Company during such a pivotal period for the company,” Silverman stated. “As we look ahead, the tech sector is poised for a transformation with artificial intelligence taking center stage. The Channel Company, with its esteemed media outlets, signature events, and expert marketing and consulting offerings, will be instrumental for our partners, clients, and the entire tech community. I am eager to collaborate with the talented team here at The Channel Company to deliver innovative, outcome-driven services to our clients as this market evolves.”
About The Channel Company
The Channel Company, Inc. is the global leader in data-driven growth acceleration solutions and services for the IT channel. With 40+ years of channel expertise and a premier portfolio of editorial brands, marketing and event services, and strategic consulting, we help technology vendors, solution providers, and IT decision-makers worldwide unlock better business outcomes. The Channel Company is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.   
About EagleTree Capital:
EagleTree Capital is a leading New York-based middle-market private equity firm, with over $5.6 billion of assets under management, that has completed over 40 private equity investments and over 95 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: media and business services, consumer, and water and specialty industrial. For more information, visit www.eagletree.com or find EagleTree on LinkedIn.
Media contact: Corporate Communications, [email protected]
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Artificial Intelligence

vLex Launches Vastly Expanded Vincent Legal GenAI Toolset, and AI-Focused Co-Development Lab

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Global Legal Intelligence Innovator Adds Litigation and Transactional GenAI Tools, and vLex Labs, an AI-Focused Co-Development Unit
MIAMI, April 16, 2024 /PRNewswire/ — Today legal intelligence innovator vLex launched a powerful suite of generative AI-backed document analysis tools for litigation and transactional practitioners to the Vincent AI platform. Vincent AI Document Analyze augments lawyers’ responses to legal documents, drawing from the world’s most comprehensive global library of legal information.

In addition, vLex now offers vLex Labs to select Vincent customers – enabling them to create proprietary AI-powered workflows with the help of a dedicated team.
These developments underscore vLex’s commitment to developing innovative legal research solutions that go beyond retrieval to revolutionize how legal professionals work.
“With Vincent AI, you no longer have to choose between innovative technology and comprehensive content,” said vLex CEO Lluís Faus. “Our platform offers a seamless integration of both, setting a new standard in efficiency, customization, and effectiveness across all legal practices.”
Vincent AI Document Analyze
Vincent AI Document Analyze offers customizable GenAI-backed workflows that enable legal professionals to interrogate legal documents and use Vincent’s legal analysis abilities to begin drafting strategic responses. Benefits include:
Rapid Analysis: Vincent summarizes documents, and compares law across jurisdictions, replacing hours of non-billable time in minutes.Rapid Response: Vincent analyzes claims, generates defenses, and anticipates counterarguments.Streamlined Contract Analysis: Vincent instantly carries out tasks such as identifying problematic clauses, and providing mitigation steps.All insights are linked to primary and secondary law materials in vLex’s global repository, enabling verification with one click.
The new document analysis feature can be used with documents from any region. Vincent AI’s research workflows are available to legal professionals in the US, the UK, Ireland, Spain, the EU, Singapore, Mexico, Chile, and Colombia, with New Zealand launching in May 2024.
vLex Labs
vLex also launched vLex Labs – an exclusive in-house service that provides Enterprise customers access to leading experts on legal AI, uniting industry leaders such as Fastcase, Docket Alarm, Justis, and NextChapter.
Leading the team will be Dan Hoadley, who recently joined vLex as Head of R&D. The team will have a global scope, and work with firms to co-develop custom workflows, prepare data, and more.
About vLex
vLex is a global legal intelligence platform that provides legal professionals with access to the most extensive collection of legal and regulatory information worldwide, all on one award-winning, AI-powered, platform. vLex includes the Fastcase, Docket Alarm and NextChapter brands, and is trusted by more than two million lawyers, researchers, government departments, and law schools in more than 200 jurisdictions. The 2023 merger with Fastcase furthered vLex’s commitment to developing AI-driven solutions for the world’s legal industry and delivering the world’s largest global law library of over one billion legal documents on a single platform. Get updates at https://vlex.com/press and on Twitter @vlex. 
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Artificial Intelligence

Atomicwork Launches New Digital Workplace Experience Solution Powered by Cohere’s Enterprise AI Platform

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SAN FRANCISCO, April 16, 2024 /PRNewswire/ — Atomicwork, the leading provider of AI-powered IT service management for modern enterprises, has announced the launch of its new digital workplace experience solution in collaboration with Cohere, the leading enterprise AI platform, to help businesses accelerate their workspace productivity and IT support automation.

Atom AI, Atomicwork’s digital assistant, delivers intelligent and contextual solutions to employee support questions to enhance workplace support experience and boost IT teams’ productivity. The solution eliminates the need for end users to switch between different business applications to find information, and enables them to get instant help on modern collaboration tools like Microsoft Teams or Slack, fostering efficient and proactive support.
Key highlights of the launch include:
Advanced AI Automation: Built-in Atom AI skills that autonomously solve end to end IT support issues by understanding end users’ work context, delivering true self-service for employees while accelerating efficiency for IT teams.Enhanced Employee Productivity: Advanced enterprise knowledge and search capabilities across a host of business applications and internal knowledge bases, delivered in the flow of an employee’s work, to help them find the right information quickly, boosting employee productivity and experience.Seamless Enterprise IT Integration: Embedded iPaas in the Atomicwork platform enabling IT teams to seamlessly integrate business applications and internal services to deliver modern enterprise service management use cases while reducing IT integration complexity.Atomicwork’s launch of the digital workspace experience solution is powered by Cohere, and their most advanced and scalable large language model, Command R+. Purpose-built for real-world enterprise use cases, Command R+ along with Cohere’s Rerank model, enables Atomicwork to deliver Atom AI with high accuracy and performance.
Commenting on the launch of a digital workplace experience solution and the collaboration with Cohere, Vijay Rayapati, Atomicwork’s CEO, stated, “We want to empower IT leaders to transform their digital experience journey with our new solution. This strategic collaboration of Atomicwork with Cohere enables us to deliver advanced and secure enterprise AI capabilities for our clients to streamline business workflow automations.”
“We’re excited Atomicwork is using Cohere’s industry-leading Command R model family to power their new digital workplace experience solution. Atomicwork’s software has the potential to significantly boost productivity for enterprise IT teams. We look forward to seeing the real-world benefits leaders like Atomicwork develop with our technology to help transform the global IT sector with AI,” said Abhishek Sinha, VP of Product at Cohere.
“Cohere’s new Command-R+ model delivers state-of-the-art accuracy, while offering a remarkable 50% reduction in latency when compared to more expensive models. This powerful combination of performance and efficiency empowers our AI-first approach to unlock new possibilities and provide exceptional experiences for our customers,” said Kiran Darisi, CTO, Atomicwork.
About Atomicwork
Atomicwork is a digital workplace experience platform that aims to deliver modern service management to enterprises. The platform empowers businesses to deliver fast and scalable internal support for their employees and end users, thereby enhancing employee experience with enterprise efficiency. Seamlessly integrating with existing enterprise applications and internal IT systems, Atomicwork connects employees, internal processes, and business systems, enhancing efficiency in workplace support, service, and operations.
About Cohere
Cohere is the leading AI platform for enterprise. Its world-class AI is uniquely suited to the needs of business, unlocking unprecedented ease-of-use, accessibility, and data privacy. Cohere’s platform is cloud-agnostic, accessible through API as a managed service, and can be deployed on virtual private cloud (VPC) or even on-site to meet companies where their data is, offering the highest levels of flexibility and control. Founded by Google Brain alumni and a co-author of the seminal Transformer research paper, Cohere is on a mission to transform enterprises and their products with AI that unlocks a more intuitive way to generate, search, and summarize information than ever before.
Press contact
Sairam [email protected] 
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