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Artificial Intelligence

WIMI Hologram Cloud’s AI and AR Builds a 5G Holographic Cloud Ecosystem, Apple and Facebook Accelerate the Development of AR Devices on the Consumer Market

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HONG KONG, May 04, 2021 (GLOBE NEWSWIRE) — MobiusTrend, the fintech market research organization, recently released a research report “WIMI Hologram Cloud’s AI and AR Builds a 5G Holographic Cloud Ecosystem, Apple and Facebook Accelerate the Development of AR Devices on the Consumer Market”. According to reports, Facebook and Apple are accelerating the development of AR devices and putting this technology directly in front of consumers, which will opena new field of computing devices. The Wall Street Journal reported that Apple CEO Tim Cook accepted an exclusive interview with the New York Times. When talking about AR, he believed that this technology was “critical” to Apple’s future and believed that AR could change the way people talk and interact. Meanwhile, heindicatedthat it can be used to enhance the conversation. Cook said that he has seen AR applications in areas such as health, education, retail, and games. Besides, he believes that, with the widespreaduse of mobile phones, the prospects will be greater.

Not only that, rumored that Apple will also launch Apple Glass, which is lightweight glasses that allow people to use AR functions anytime and anywhere. Apple Glass can be used with the iPhone and may come out in 2023.

IDC predicts that the sales of AR glasses and headsets this year will be less than 1 million but will increase to 23.4 million in 2025. Companies will be the main users, accounting for 85% of the total purchasing power.

Facebook CEO Zuckerberg said in an interview that AR is the man-machine interface of the next generation of the Internet. Technology companies represented by Apple and Google have bet on AR glasses.

AR image augmented reality (AR, Augment Reality) is an interdisciplinary subject of artificial intelligence and human-computer interaction. It is a technology that calculates the position and angle affected by the camera in real-time and adds corresponding images, videos, and 3D models. It is the technology that organically integratesthe realworld and virtual world information. AR superimposes physical information (mainly including visual and auditory information) that is difficult to experience in a certain time and space in the real world through computer simulation and then superimposes, applying virtual information to the real world. The world is perceived by the human senses, so as to achieve a sensory experience that transcends reality.

From Nintendo’s AR game “Pokémon GO” that has taken the world by storm, to the continuous enrichment of camera AR beauty features, AR has become more and more popular with the public. At the same time, the emergence of 5G brings three major characteristics of AR devices, that is, high speed, large capacity, and low latency, allowing AR devices to maintain a stable link with the cloud, and hand over tasks that require high-performance computing such as screen rendering to the cloud, which also gives the AR equipment a basis for large-scale commercial use. In this context, many Chinese and foreign technology companies are entering the consumer market.

The market research company Grand View Research released a report predicting that by 2028, the global AR market is expected to reach $340.16 billion, with a compound annual growth rate of 43.8% from 2021 to 2028. On the other hand, policy support has also brought greater development opportunities to the AR market in China. The “14th Five-Year Plan” outlines virtual reality and augmented reality industries as key industries in the digital economy for the next five years, giving the industry a new historical mission, which is expected to accelerate the development of related industrial chains. In addition, China’sNational Development and Reform Commission and other departments recently issued the “Implementation Plan for Accelerating the Cultivation of New Consumption”, which also proposed to accelerate the development of new information products such as ultra-high-definition video and virtual reality and promote technology products of5G+4K/8K, VR/AR to integrate with applications.

In this context, continuous innovation in the AR field has triggered the adoption of this technology in several industries and industry verticals, driving market growth. For example, the AR smart glasses market is accelerating, from a niche product to a solver of industrial and corporate problems, and rapidly expanding to the consumer market.

The main players in this industry include Google, Microsoft, Facebook, Magic Leap, and WIMI Hologram Cloud, aiming at this track.

As a holographic AR company listed on NASDAQ, WIMI Hologram Cloud has utilizes its strong technical capabilities and infrastructure to provide excellent products and services. Moreover, WIMI has won the bid for China Mobile and the second phase of the holographic remote interaction of the media cloud platform and is redefining China Mobile’s communication method through “5G + holographic remote”. WIMI’s core business is holographic AR technology for software engineering, media manufacturing services, cloud, and big data.

WIMI Hologram Cloud was founded in 2015, and it focuses on holographic cloud services, mainly in vehicle-mounted AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation, and other professional fields, covering multiple links of AR technology, including holographic vehicle-mounted AR technology, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication, and so on. It is a holographic cloud comprehensive technical solution provider.

As the 5G holographic communication network bandwidth conditions change, the 5G holographic application market will usher in an explosion. High-end applications such as holographic interactive entertainment and holographic conferences will gradually become popular in holographic social, holographic communication, holographic navigation, and holographic home applications. WIMI Hologram Cloud plans to use holographic AI face recognition technology and holographic AI face-changing technology as its core technologies. Moreover, it will use multiple technologically innovative systems to support holographic cloud platform services and 5G communication holographic applications.

5G’s unique MEC edge-to-computing technology is the key to ensuring low latency. It can fundamentally breakthrough VR/AR localization, realize VR/AR cloud services, and provide users with the real-time interactive experience in large-scale shows, sports events, and other programs, enhancing the real immersion of VR/AR.

In the future, the capability information of the telecom network can be abstracted into various services through the edge computing platform, which will be open to VR/AR third parties and vertical industry applications, laying a good foundation for the universal service of VR/AR.

With the development of cloud VR/AR technology, lightweight head-mounted displays are expected to be rapidly developed and popularized. The mobility demand of VR/AR technology will increase immediately, and the demand for 5G technology will continue to increase.

At present, VR/AR has been widely used in industries such as real estate, exhibitions, games, and entertainment. With the arrival of 5G, VR/AR is expected to unlock more business scenarios. The application of VR/AR in the media field will also be further explored. The main business scenarios include live broadcast, news, film and television, marketing, and social networking.With the advent of 5G commercial use, the VR/AR industry is entering a stage of rapid development and is expected to become an important force thattake the lead in the new round of industrial transformation.

In short, AR in the future needs to rethink the way humans interact with computers, just like graphical user interfaces that will completely change the relationship between humans and the digital world. At the same time, will the imaginative AR industry give birth to more unicorn companies? We will wait and see!

About MobiusTrend

MobiusTrend Group is a leading market research organization in Hong Kong. They have built one of the premier proprietary research platforms on the financial market, emphasizing on emerging growth companies and paradigm-shifting businesses. MobiusTrend team is professional in market research reports, industry insights, and financing trends analysis. For more information, please visit http://www.mobiustrend.com/

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Company: MobiusTrend Research

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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