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SmartCard Marketing Systems Inc (SMKG:OTCQB) 2022 Update and Strategic Growth Focus on the Digital Realm, E-commerce & Brick-Mortar Transactions with Cross-border Payments, Enabling FX, FIAT, Crypto Currency, NFTs & Cards

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Interoperability Within Our Marketplace Technologies For Customers

NEW YORK, NY, Jan. 07, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — SmartCard Marketing Systems Inc (SMKG:OTCQB):  

Noteworthy: SMKG’s Intellectual Portfolio comprises of 17 proprietary platforms In PayTech – Fintech- CrossBorder FX- Blockchain – Crypto Coin Issuing, NFT Minting, Marketplaces, Wallet, Events, Transit, Workforce and includes equity in Xpay.World Singapore and OriginatorX

The Company SMKG:OTCQB has developed a significant portfolio of Intellectual Properties, for Enterprises and Financial Institutions with a major focus on Marketplace Technologies (Brick and Mortar, Digital and Metaverse) that will both improve and increase transactions with their large pools of merchants, vendors and consumer clients. To further extend our capabilities, our team is engaged with experts in the field of Virtual Reality and Augmented Reality to bring an enriched experience with Artificial Intelligence for Metaverse projects, Egaming and Esports Industries that have expanded our reach.

The Company also will be releasing a sponsored Crypto Currency Coin that will be branded as the Creare Coin on the Ethereum Blockchain. It is also the management’s intent to seek the approval with the SEC in the US to allow the Company for 2022 to issue the “Creare Coin” to existing shareholders of the SMKG:OTCQB holding Common Class A stock during a specific period of the registration date. The company intends to issue the coin ratio to Common Class A equity holders with a ratio of coin to shares of 20:1. The Creare Coin will be used for cross-border, wallet payments, rewards exchange and compensation, escrow and digital realm purchases like unique Metaverses that will be launched. The coin is also to allow for Peer2peer exchanges for trading in Esports and Egames. A significant focus has been in the works with our payment rails partners globally to allow for this interoperability and vision. Further details on the coins Tokenomics will be revealed at the launch.   

The CEO of SMKG:OTCQB, Massimo Barone, stated, “2021 was a year to be excited about with developments and filled with strategic partners that include financial institutions in several key markets. This allowed us to build upon core payments and realizing commercial deployments. At the same time the year had its challenges with rolling lockdowns, remote work and a learning curves for governments, financial institutions and enterprises that saw significant budget cuts and in many cases reallocations of efforts and capital. We were affected directly, in some cases able to assist our clients by progressing with the projects during the dormant periods.

“We are definitely on the right path building our own tracks, as we have also been invited to discussions by several large Equity Firms and Enterprises with ongoing discussions of which have an appetite to acquire all or some specific intellectual properties in the SMKG portfolio. In addition, interested parties to invest strategic capital for growth in targeted markets. This gives us the mobility and limits dilution for the shareholders, allowing us to grow multiple markets simultaneously. We have expanded our Cross-border Payment rails with partners coverage in North America, Europe, Asia, China, LATAM, Philippines and have been working with partners covering a large segment of Africa.

“China particularly has been a difficult corridor to manage as tension between the USA and China has created many restrictions and imposed many shutdowns. We remain optimistic as our corridor and partner financial institutions work with us to meet the stringent new guidelines which have allowed to complete a significant digital path and expect the Newly Issued Digital Chinese Yuan to be part of this corridor as well for near future.

“In the Philippines, it has been an exciting year of developments as both capital and tech investments allocation from SMKG with Xpay have resulted in several key developments, licenses and permits within the Country by regulators – adding to that a robust growing pipeline of clients which includes incredible demand for Axepay cross-border payments.

“As 2022 is now upon us and we have not only commercialized several platforms, completed a heavy task load of integrations and certifications to meet compliance in several key markets – we have identified that our ISO and ISV partners will be very strategic in our growth. It has become very relevant that offering our solutions as a SAAS service directly to merchants is well accepted by Large Enterprises and FI’s vs only offering White Label licensing model – which allows for direct marketing activations with unique interoperability and seamless financial services to compete with DEFI in these markets.

“We are unique cross-breed of company with a true Commercialization strategy for our clients, unlike any other tech company that have part of the go-to-market strategy for clients or simply a utility solution. Our portfolio consists of technology for payment technology, merchants and consumer marketplaces, payment rails and gateways with a full suite offering for Blockchain, Crypto Currency and NFT minting.

Update to our Shareholders in Canada

“As mentioned in previous communications, management is working to lift the CTO in Canada for Canadian shareholders. We have a clear understanding of the remaining issues to complete the final requirement to lift the CTO as discussions and document exchanges have been ongoing with the L’Autorite Des Marches Financiers Quebec (AMF). The Company SMKG:OTCQB will be filing to update its registration with the SEC to change its ARS to Reporting Issuer Status with the United States Exchange Commission to attain the required confirmation for the AMF for the CTO revocation. We will be providing an update as soon as possible. An annual general meeting with be held on the 21st of January and anyone who would like participate can email us at [email protected] – anyone can participate.“

NEWS SOURCES THAT STRENGTHEN OUR BUSINESS CASES FOR TARGET MARKETS AND INDUSTRIES GLOBALLY.

Esma consults on rule changes to accommodate tokenized securities

Europe’s top securities regulator is seeking submissions on the need for amending the regulatory technical standards (RTS) on reporting and transparency requirements in order to accommodate growing use of blockchain technology in financial markets.

https://www.finextra.com/newsarticle/39456/esma-consults-on-rule-changes-to-accommodate-tokenized-securities

World’s biggest trade deal takes effect to boost global economy

BANGKOK – The world’s largest free trade pact forged by 15 Asia-Pacific countries entered into force Saturday to provide a tailwind for the region’s post-pandemic recovery and a catalyst for global economic progress, bringing a ray of hope.

https://www.pna.gov.ph/articles/1164273  

Metaverse game Sin City land sale to commence on December 27, 2021

https://cointelegraph.com/press-releases/metaverse-game-sin-city-land-sale-to-commence-on-december-27-2021/amp

The Metaverse is a $1 trillion opportunity, crypto giant Grayscale says as virtual land sales boom

https://markets.businessinsider.com/news/currencies/metaverse-1-trillion-opportunity-grayscale-virual-land-sales-decentraland-2021-11  

Mid-tier Banks Look to Stable coins, Interoperability to Win Business of Large Customers

https://www.pymnts.com/news/b2b-payments/2021/mid-tier-banks-look-to-stablecoins-interoperability-to-win-business-of-large-customers/

SMKG Noteworthy: Recent spotlight has been focused on the company’s LATAM expansion with Xcoop, Compuage Infocom India distr. partnership, Visa Everywhere Fintech interoperability, Mumbai Gov’t Fintech JV, Axepay FX Cross-border Payment Rails, Chat Bot AI code library acquisition, OriginatorX – Ethereum Token Issuing and Xpay Payment minority ownership.

About SmartCard Marketing Systems Inc (OTCQB: SMKG): 
SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry e-commerce, cloud and mobility applications to the global PayTech and FinTech markets. SMKG is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of applications and wireframes for banking, enterprises, retail e-wallets, blockchain, crypto, nft, token, digital id-eKYC, digital workforce, events management, education, telemedicine, metaverse and ride-booking industries.

For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.Emphasispay.com.

We seek a safe harbour.

Contact: CEO, Massimo Barone
[email protected]
SmartCard Marketing Systems Inc.
OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems

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Artificial Intelligence

Goodix Unveils New Ultrasonic Fingerprint Solution with vivo Flagship to Foster Widespread Adoption

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Goodix ultrasonic fingerprint sensor utilizes a proprietary CMOS sensor architecture and wafer-level acoustic processing to enhance accurate and fast authentication.The solution features an efficient design, easy integration, optimized processes, and cost effectiveness to drive the widespread commercial adoption of ultrasonic fingerprint technology.SHENZHEN, China, May 13, 2024 /PRNewswire/ — Goodix Technology announced today that its proprietary ultrasonic fingerprint solution makes its debut in the newly launched vivo X100 Ultra. This innovative solution features a unique architecture and proprietary algorithms that provide a seamless and secure unlocking experience for mobile devices. In collaboration with vivo, the solution achieves its first large-scale commercialization, marking a significant milestone in the widespread adoption of ultrasonic fingerprint technology.

As an industry pioneer in in-display fingerprint technology, Goodix keeps evolving in alignment with the latest display technical trends to elevate the authentication experience. Leveraging its proprietary CMOS sensor architecture and wafer-level acoustic processing, Goodix’s new ultrasonic fingerprint solution offers a higher signal-to-noise ratio (SNR), enabling clearer fingerprint images and fast recognition, even with wet or oily fingers. By acoustically sensing the unique features of users’ fingerprints, such as ridges and valleys, the solution significantly enhances the security of the authentication process.
The solution utilizes a low-voltage driving system to effectively reduce power consumption and simplifies hardware design to facilitate easier integration for mobile manufacturers. With its ultra-thin chip module, the solution delivers more design flexibility by providing additional space for key mobile components and allowing for a flexible unlocking area design to enhance user comfort.
In line with the mission of enriching lives through innovation, Goodix is dedicated to advancing the global adoption of ultrasonic fingerprints by optimizing supply chain processes, enhancing production efficiency and reliability, and reducing costs. Boasting a comprehensive lineup that includes capacitive fingerprint, optical in-display fingerprint, and ultrasonic fingerprint sensors, Goodix can now empower customers with a complete range of cutting-edge solutions that lead the industry.
“The surging demand for ultrasonic fingerprint sensors in mobile authentication is driven by the rapid evolution of the latest pol-less display technology,” emphasized Ms. Sandy Hu, President of Goodix. “Our dedication to customer-centric innovation, along with the utilization of our newly patented solutions, enables us to propel the progress and commercial scaling of ultrasonic fingerprint technology, ultimately enhancing the global mobile experience with greater intelligence and security.”
Moreover, vivo X100 Ultra and X100s series also feature an array of Goodix’s innovative solutions, including smart audio amplifiers, audio software, optical in-display fingerprint sensors and AMOLED touch solutions, offering users an unparalleled touch and audio experience. 
For more information, please visit Goodix website

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eGRC Market worth $34.5 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 13, 2024 /PRNewswire/ — Deeper AI and machine learning integration for predictive analytics, the simplification of compliance activities, and improved cybersecurity risk management are where eGRC’s future lies. The market will remain dominated by cloud-based solutions because they provide scalable and intuitive user interfaces for thorough risk assessment and management in a variety of regulatory environments.

The eGRC Market size is projected to grow from USD 18.3 billion in 2024 to USD 34.5 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “eGRC Market”645 – Tables 61 – Figures412 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1310
Scope of the Report
Report Metrics
Details
Market size available for years 
2018-2029
Base year considered 
2023
Forecast period 
2024–2029
Forecast units 
Value (USD Million/USD Billion) 
Segments Covered 
Offering, Deployment Mode, Organization Size, Solution Usage, Business Function, Vertical, and Region
Geographies covered 
North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Companies covered 
Major vendors in the eGRC market include IBM (US), Microsoft (US), Oracle (US), SAP (Germany), SAS Institute (US), ServiceNow (US), Thomson Reuters (Canada), FIS (US), Wolters Kluwer (Netherlands), LexisNexis (US), Mphasis (India), MetricStream (US), Riskonnect (US), Navex Global (US), OneTrust (US), Mega International (France), LogicManager (US), Acuity Risk Management (UK), C&F SA (Poland), Allgress (US),  GlobalSuite Solutions (Spain), Onspring (US), Optimiso (US), Oxial (Switzerland), ReadiNow (Australia), SureCloud (UK), StandardFusion (Canada), Comensure (US), Dynamic GRC (Singapore), LogicGate (US), VComply (US), and SmartSuite (US).
The key driver for adopting eGRC solutions is an increase in stringent regulations, such as the EU AI Act, that aims to establish a comprehensive regulatory framework for AI and impact how organizations manage GRC with AI technology integrations. Organizations need to assess their AI models, understand the implications of the EU AI Act, and prepare for the changes it will bring to create a more secure and trustworthy AI environment. By aligning with the regulations of the EU AI Act, businesses can navigate the regulatory landscape effectively and leverage AI technology while safeguarding against risks and ensuring compliance with the updated rules.
Based on the offering, the solutions segment accounts for the highest market size during the forecast period.
The adoption of eGRC solutions has surged as organizations must manage complex regulatory requirements and mitigate diverse risks. These solutions provide a centralized platform to streamline governance processes, automate compliance tasks, and enhance risk visibility across the enterprise. Effective eGRC solution encompasses thorough data integration, advanced analytics, real-time monitoring, and strategic utilization of emerging technologies. These features provide organizations with the necessary resources for managing the intricate landscape of eGRC. Some companies offer dedicated eGRC solutions, such as compliance, risk, and audit management. These solutions are developed to cater to the specific needs of the BFSI, healthcare, IT & ITeS, government, and other verticals. Companies offering eGRC solutions include IBM LogicManager, MetricStream, Software AG, Wolters Kluwer, Diligent, IdeaGen, and SAI Global.
By deployment mode, the cloud segment will grow at the highest CAGR during the forecasted period.
Small and Medium-sized enterprises (SMEs) are increasingly adopting eGRC solutions deployed in the cloud due to several advantages. Cloud deployment offers scalability, flexibility, and cost-effectiveness, making it accessible to businesses without hefty upfront investments. These solutions streamline governance processes, enhance risk visibility, and simplify compliance management. With intuitive interfaces and subscription-based pricing models, eGRC cloud solutions empower SMEs to navigate regulatory landscapes while optimizing resource utilization efficiently.
By region, Europe is to grow at the highest CAGR during the forecast period.
Europe is expected to register high growth rates in the eGRC market. Emerging European markets, such as the UK, Germany, France, Italy, and Ireland, are expected to offer significant growth opportunities for the eGRC market. Increasing regulations and compliances, political uncertainty, unpredictable business environment, rise in network crimes, and advanced cyber and bot attacks have favored the growth of the eGRC market in the region, as it is helping the organizations effectively work on GRC programs.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1310
Top Companies in eGRC Market
IBM (US), Microsoft (US), Oracle (US), SAP (Germany), SAS Institute (US), ServiceNow (US), Thomson Reuters (Canada), FIS (US), Wolters Kluwer (Netherlands), LexisNexis (US), Mphasis (India), MetricStream (US), Riskonnect (US), Navex Global (US), OneTrust (US), Mega International (France), LogicManager (US), Acuity Risk Management (UK), C&F SA (Poland), Allgress (US),  GlobalSuite Solutions (Spain), Onspring (US), Optimiso (US), Oxial (Switzerland), ReadiNow (Australia), SureCloud (UK), StandardFusion (Canada), Comensure (US), Dynamic GRC (Singapore), LogicGate (US), VComply (US), and SmartSuite (US) are the key players and other players in the eGRC market.
Recent Development
In January 2024, Microsoft and Cognite extended their partnership to build an industrial data operations platform on Microsoft Fabric and Azure OpenAI Service. Integrated with Microsoft Purview, Fabric offers unified data governance tools, simplifying data management, monitoring, and security across diverse applications and platforms.In September 2023, the SAS Institute will deepen its collaboration with Microsoft to assist banks in effectively handling liquidity and interest rate risks. Their Asset and Liability Management (ALM) platform, fueled by Kamakura Risk Manager on Microsoft Azure, enables comprehensive risk management, capital allocation, and balance sheet optimization through multi-period, scenario-based simulation and valuation.In June 2022, Oracle updated its Governance, Risk, and Compliance Controls (GRCC). It provides a platform where two components run: Application Access Controls Governor (AACG). These components regulate access to duties assigned in business-management applications, such as Oracle E-Business Suite and PeopleSoft, and Enterprise Transaction Controls Governor (ETCG), which identifies business-application transactions posing an unacceptable risk.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1310
eGRC Market Advantages
By automating compliance processes, eGRC systems minimize errors and manual labor. This saves time and money by streamlining regulatory compliance procedures and guaranteeing conformity to norms and laws.Businesses can detect, evaluate, and manage risks in a comprehensive manner by using eGRC platforms, which offer a centralized view of hazards across the enterprise. This all-encompassing strategy strengthens decision-making and increases resistance to new challenges.eGRC solutions increase productivity and efficiency by combining separate governance, risk, and compliance processes into a single platform. Workflows can be streamlined, stakeholder participation can be facilitated, and tasks can be prioritized according to how they will affect corporate goals.eGRC solutions provide insights into risk exposure and compliance status through real-time monitoring and reporting capabilities. Proactive risk management, prompt decision-making, and successful stakeholder communication are made possible by this.By automating tedious operations, allocating resources optimally, and lowering the possibility of non-compliance fines, eGRC solutions assist in lowering compliance expenses. Organizations can save money over time by improving operational effectiveness and reducing risks.Scalability and adaptability are features that cloud-based eGRC platforms provide, enabling enterprises to adjust to shifting business needs and regulatory landscapes. Cloud deployments improve agility and resilience by facilitating quick implementation, smooth upgrades, and remote access to eGRC functions.Report Objectives
To describe and forecast the eGRC market by offering, deployment mode, organization size, solution usage, business function, vertical, and region from 2024 to 2029, and analyze the various macroeconomic and microeconomic factors that affect market growthTo analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall marketTo provide detailed information regarding major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the marketTo analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for the major playersTo profile the key market players; provide a comparative analysis based on the business overviews, regional presence, product offerings, business strategies, and critical financials; and illustrate the market’s competitive landscape.To track and analyze the competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and research development (R&D) activities, in the marketBrowse Adjacent Markets: Information Security Market Research Reports & Consulting 
Related Reports:
Identity Threat Detection and Response (ITDR) Market – Global Forecast to 2029
Physical Security Information Management (PSIM) Market – Global Forecast to 2029
Operational Technology (OT) Security Market – Global Forecast to 2029
Perimeter Security Market – Global Forecast to 2029
Self-Sovereign Identity (SSI) Market – Global Forecast to 2029
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Insight: https://www.marketsandmarkets.com/ResearchInsight/enterprise-governance-risk-compliance-market.aspVisit Our Website: https://www.marketsandmarkets.com/Content Source: https://www.marketsandmarkets.com/PressReleases/enterprise-governance-risk-compliance.asp
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Breakthroughs in AI Chips and Image Recognition Propel Market Growth and Business Enhancements

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USA News Group CommentaryIssued on behalf of Scope AI Corp.
VANCOUVER, BC, May 13, 2024 /PRNewswire/ — USA News Group – The race to improve artificial intelligence (AI) is accelerating at breakneck speed, with China recently unveiling a new photon-powered neural network microchip that can run on a thousandth as much energy as common electron-powered chips. According to analysts at DataHorizzon Research the AI Chip Market is set for explosive growth of over 40.6% CAGR through to 2032. As new chips improve, so too do the ways we use the chips to enhance businesses through AI-powered deep machine learning and neural networks. In one aspect that’s consistently improving is AI-powered image recognition, which Research and Markets projects to grow at a CAGR of 16.1% towards US$98.6 billion by 2029. This portion of the AI revolution is being rapidly implemented and improved by developers including Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Ambarella, Inc. (NASDAQ: AMBA), Ceva, Inc. (NASDAQ: CEVA), Himax Technologies, Inc. (NASDAQ: HIMX), and Autodesk, Inc. (NASDAQ: ADSK).

As the capabilities of deep machine learning expand across various industries, Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has rebranded and broadened its market reach. The company now targets sectors such as advertising, gaming, and neural networks with its proprietary technology, GEM (General Enterprise Machine Learning). This advanced platform enables businesses to develop their own object detection and visual information systems, leveraging the power of complete neural networks. By integrating object visual recognition, Scope AI is enhancing the ability of companies to personalize ad content, create immersive gaming experiences, and utilize neural networks for diverse applications.
Recently, Scope announced new updates to GEM, enhancing its functionality for advertising firms to tailor ad content more effectively, enabling the gaming industry to offer more personalized gameplay experiences, and utilizing the power of neural networks for advanced applications. These updates significantly boost the platform’s utility in object visual recognition, allowing businesses to gain deeper insights and deliver more precise solutions. By leveraging advanced object detection and visual information systems, advertisers can better analyze consumer behavior and optimize campaigns, while game developers can create richer, more engaging user experiences.
“We’re very pleased at how seamless we were able to streamline, enhance, and strengthen our platform with the latest performance and security upgrades made to our infrastructure,” said Sean Prescott, Founder and Non-Executive Chairman of Scope. “The next generation of our platform will set us apart in what kind of data and its sensitivity we can process and store. It’s a potential game-changer for the industry.”
GEM comes with an intuitive web-interface, a developer, detail user, entrepreneur or full-on enterprise could easily set up an object detection system to run advanced data inference, or build a completely new, never before seen neural network model in real-time.
Scope AI is optimistic that GEM’s latest updates can significantly advance the advertising and gaming industries by offering new insights and capabilities. For advertising, Scope explains that GEM’s visual recognition technology allows advertisers to create highly targeted and engaging ads. This approach not only maximizes return on ad spend but also drives customer engagement to new heights.
In the gaming sector, Scope believes GEM can significantly enhance user experiences by customizing gameplay and recommendations through neural network analysis of player behavior. GEM provides developers with crucial insights aimed at optimizing game design, increasing user retention, and maximizing revenue potential.
Looking to further empower AI developers, Ambarella, Inc. (NASDAQ: AMBA) announced its leading-edge CooperTM Developer Platform earlier this year. The platform was designed to offer seamless integration of software, hardware, state-of-the-art fine-tuned AI models, and services that provide universal support for Ambarella’s entire portfolio of AI systems-on-chip (SoCs).
“Developers creating products based on the latest AI technologies are faced with the daunting challenge of integrating multiple software tools while deploying on diverse hardware platforms,” said Fermi Wang, President and CEO of Ambarella. “Our new unified, robust and scalable Cooper Developer Platform allows designers to easily take full advantage of our SoCs’ industry-leading AI performance per watt, via intuitive and comprehensive tools that abstract the hardware and enable them to focus on product innovation across multiple markets and applications.”
Through April, Ambarella continued expanding its AI SoC portfolio, adding the CV75S family of 5nm chips, which the company claims offers the most cost- and power-efficient SoC option for running the latest AI-based image processing like vision language models (VLMs) and vision transformer networks in security, robotics, conferencing, and sports cameras.
Aiding in enhancing the connectivity required for smooth implementation of AI platforms is Ceva, Inc. (NASDAQ: CEVA), which recently launched a family of multi-protocol IP for edge AI and the Internet of Things (IoT) with a 22nm radio configuration. Named the Ceva-Waves Links, the new family of multi-protocol IP supports WiFi6, Bluetooth, and Ultra-Widband (UWB) features optimized co-existence schemes and are adapted to various radios and configurations.
Earlier this year, Ceva also expanded its AI ecosystem for its class-leading NeuPro-M NPU IP with the addition of two new partnerships targeting automotive and vision-based Edge AI applications.
“I would like to extend a warm welcome to Visionary.ai and ENOT.ai, who join the ecosystem of partners that support our Smart Edge customer base,” said Ran Snir, Vice President and General Manager of the Vision Business Unit at Ceva. “These partners are bringing new levels of innovation to solve complex challenges using AI, and illustrate the value proposition of our NeuPro-M NPU to enable scalable AI workloads on-device with highest power efficiency.”
Display driver and other semiconductors products suppliers Himax Technologies, Inc. (NASDAQ: HIMX) recently announced a collaboration with E Ink Holdings Inc., a pioneer and distinguished leader in ePaper technology, to introduce a revolutionary ultralow power battery-operated smart retail solution. In the realm of smart signage, Himax WiseEye AI is now revolutionizing e-signage by incorporating E Ink’s Kaleido display and offering a versatile suite of always-on sensing AI capabilities, including human presence and individual detection.
“The partnership between Himax and E Ink marks a significant evolution from our years of collaboration in the e-reader industry, now venturing into the domain of e-signage and ESL,” said Mark Chen, Vice President of Smart Sensing business at Himax. “Leveraging E Ink’s versatile ePaper technologies and extensive industry reach, combined with Himax’s robust AI and ultralow power expertise, our goal is to redefine the possibilities of next-generation e-signage and ESL products, envisioning enhanced precision, privacy, and versatility.”
Used by designers and architects, a platform built by 3D software company Autodesk, Inc. (NASDAQ: ADSK) recently demonstrated the capabilities of an ambitious generative AI project called Project Bernini, a text-to-3D tool. Project Bernini can create 3D images from a variety of input types including a text prompt, a single 2D image, multiple images and/or point clouds.
In late April, Autodesk also announced an interoperability agreement with Nemetschek Group to improve open collaboration and efficiencies for the architecture, engineering, construction and operations (AECO) and media and entertainment (M&E) industries. The duo will work together to enhance existing interoperability between each company’s industry cloud and desktop products and to improve the fluent exchange of information across solutions.
“Autodesk is firmly committed to building open, integrated, cloud-powered solutions for our customers that unlock data and connect project teams,” said Amy Bunszel, Executive Vice President, Architecture, Engineering and Construction Solutions at Autodesk. “Extending Autodesk’s cloud and desktop solutions with Nemetschek interoperability is a huge step towards optimizing our customers’ workflows and helping them generate better project outcomes.”
Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ 
CONTACT:
USA NEWS [email protected](604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Scope AI Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope AI Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope AI Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope AI Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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