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Bosch focuses on climate-neutral and connected technology in North America

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Farmington Hills, Mich., June 07, 2022 (GLOBE NEWSWIRE) —

  • Bosch to invest $664 million in North American region in 2022; $420 million for Mobility Solutions
  • All in for hydrogen: Mobile fuel cell, electrolysis and stationary fuel cell
  • Bosch is enabling electrification – for the powertrain and beyond – to support North American vehicle trends
  • Connected products and solutions drive new opportunities: Entire Bosch braking portfolio now IoT-ready
  • Bosch plans to hire at least 500 software engineers in U.S. alone in 2022
  • Connected to local communities: Bosch Community Fund celebrates 10 years of giving, reaches 5.3 million students through grants

In the 2021 business year, Bosch achieved sales growth in North America despite continued global economic challenges. The provider of technology and services achieved sales of $13.5 billion (11.4 billion euros) for the North American region, registering steady growth of 5 percent over 2020.

“While we face headwinds related to the COVID-19 pandemic, supply chain disruption, raw materials cost increases and more, our team in North America continues to rise to meet those challenges and support growth and recovery of the business here in the region,” said Mike Mansuetti, president of Bosch in North America.

In 2022, Bosch will invest $664 million (561 million euros) in capital expenditures across its broad portfolio in North America. This includes $420 million (355 million euros) specifically for Mobility Solutions. At the core of the company’s investments in the region are a continued its focus on climate-neutral technology and the hydrogen economy.

‘“We are all in for the hydrogen economy,” Mansuetti said. “Our hydrogen portfolio is expansive across multiple domains in a way no other company can match. This cross-domain knowledge will enable Bosch to lead when it comes to driving hydrogen as a climate-neutral solution. And we are committed to local production of hydrogen solutions in the North American region in the coming years.”

All in for the hydrogen economy

Bosch is investing heavily to support the development of hydrogen as an energy source. This includes investments in the mobile fuel cell, where the company will produce both the fuel cell stack as well as balance of plant components to support customers. Globally, Bosch has once again increased its capital expenditure for mobile fuel cells, to more than $1 billion USD between 2021 and 2024.

In the interest of effective climate action, Bosch is also entering the components business for hydrogen electrolysis. The company announced plans to invest nearly $600 million in this new area of business by the end of the decade – half of it by the time of market launch, which is planned for 2025. Bosch is branching out into the development of components for electrolyzers, which use electrolysis to split water into hydrogen and oxygen. Ideally, the electricity for this purpose is generated from renewable sources such as wind or photovoltaic power, in which case the result is known as “green hydrogen.” Bosch is supplying the stack – the core of the hydrogen electrolysis system – which combines with power electronics, sensors, and a control unit to create a smart module.

In the United States, Bosch is evaluating where its electrolyzer technology can help to bring clean hydrogen to the market.  Of particular interest are opportunities created by the U.S. Department of Energy (DOE) $9.5 billion Clean Hydrogen Initiative, which is based on the bi-partisan Infrastructure Investment and Jobs Act. Recently announced DOE Regional Clean Hydrogen Hubs provide a potential opportunity to accelerate hydrogen availability in the U.S.

The decentralized fuel cell is also a strategic focus area for Bosch. The Bosch Solid Oxide Fuel Cell (SOFC) energy supply system can use both renewable fuels (hydrogen from wind or sun, for example) and conventional fuels (biomethane or natural gas) to generate electricity and heat. The technology can be used in residential urban areas, commercial buildings, industrial plants, and data centers. It achieves an overall efficiency of over 85 percent at the beginning of life.

Enabling electrification – for the powertrain and beyond

In addition to the mobile fuel cell, Bosch continues to advance electrification with solutions for battery-electric vehicles as well. The company continues to ramp toward electrification production at its Charleston, S.C., facility.

“Here in the North American region and the United States in particular, our customers are aggressively growing their electrification offerings,” said Paul Thomas, executive vice president of Mobility Solutions, Americas for Bosch. “At Bosch we are helping our customers achieve their electromobility goals. No other supplier offers as many electromobility options as Bosch does.”

A key technical task is to keep the powertrain, including the battery, at the right temperature and to provide the necessary climate comfort in the passenger compartment. Intelligent thermal management alone can increase the electric driving range by 25 percent. To this end, Bosch has developed a pre-integrated solution: the flexible thermal unit, or FTU. With the FTU, Bosch is tapping into a market that it expects will reach a volume of more than $4 billion globally by the end of the decade.

Beyond the powertrain, Bosch is making electrification a reality with solutions for electric vehicles in the areas of steering and braking.

“Our portfolio is uniquely positioned to support the needs of the U.S. market when it comes to braking and steering electric trucks and SUVS,” Thomas said.

The value of being connected

Across its entire business, Bosch is reaping the benefits of connectivity and the Internet of Things (IoT). As of the beginning of 2022, the company announced all its electronics product classes were connectable.

“Connectivity enables us to deliver in new ways on our ‘Invented for life’ promise,” Mansuetti said. “We are demonstrating in many different areas the value of connectivity to our customers through new data-driven updates and development.”

In the area of mobility, Bosch’s entire braking portfolio is now IoT-ready. This enables both data-driven development for automakers and Bosch as well as data-driven service enablement for fleet owners and end consumers. Through continuous development enabled by data, specifications can be further defined and virtual updates sent to the system. For fleet owners and consumers, this benefit unlocks the ability to monitor component health information across braking systems, tires and other chassis components.

“Ultimately, in addition to development benefits, leveraging data like this will help us to better understand the built environment, providing insights around road roughness, road friction, pothole detection – heat maps for extreme braking events,” said Mohammed Abraham, regional president of Chassis Systems Control for Bosch in North America. “When we leverage the power of the connected vehicle, every wheel on the road is transformed into a mapping tool for public infrastructure which can ultimately aid in the design of safer streets.”

Beyond mobility, global sales of connected power tools, household appliances, and heating systems alone have grown by 50 percent within one year – from four million units in 2020 to more than six million in 2021.

The Dremel® brand, part of the Bosch Power Tools portfolio, unveiled the world’s first brushless smart rotary tool in late 2021. The Dremel 8260 was a project led out of North America. Introducing connectivity to a rotary tool allows users to understand the rotary tool’s performance, including: sending alerts when battery life is low and when the tool is overloading/stalling, providing tips on how to resolve these issues and displaying the amount of usage time left on the tool in minutes. In addition, the app has an interactive material guide that offers detailed accessory information and includes the recommended accessory speed in RPM for each material.

In the Bosch Thermotechnology business, the team in North America combines digital transformation and IoT with a passion for sustainability to deliver connected solutions to the market. The IDS Premium Connected, an IoT advancement in air-source heat pumps pioneered in North America,  provides an interactive IoT platform for contractors and homeowners. It enables remote monitoring where contractors and homeowners can monitor data for a heat pump even without a communicating thermostat. It also enables the Bosch EasyAir app, which provides homeowners the ability to monitor their energy usage and receive critical alerts while contractors can easily access the information they need to conduct on-site installation, troubleshooting and warranty registration.

Connected to local communities; more than 5 million students reached through Bosch Community Fund grants

Bosch is also staying close to the communities where it operates. The Bosch Community Fund, the corporate foundation for Bosch in North America, is celebrating 10 years of giving in 2022. Since its founding, the Bosch Community Fund has reached approximately 5.3 million students and 58,500 teachers in 39 site communities across the region via 2,130 grants representing approximately $37 million. Nearly 200,000 students and more than 4,000 teachers across North America were positively impacted in 2021 alone by the Fund’s investments.

The Bosch Community Fund focuses on STEM education, environmental sustainability, eco+STEM and disaster response. Its grants aim to provide access to under-represented and underserved audiences; encourage students through project-based and hands-on learning; strengthen workforce development and career transitions; and engage people in environmental sustainability and stewardship.

Positive development across all business sectors in North American region

All four business sectors reported sales increases in North America in 2021 from a year earlier. The Mobility Solutions business sector was in line with overall results at a five percent increase as it delivered $7.9 billon in sales. Consumer Goods increased sales to nearly $3.5 billion, representing nearly a nearly 20 percent increase in 2021. This comes after the Consumer Goods area had already defied trends by posting a 12 percent sales increase in 2020. Industrial Technology as well as Energy and Building Technology also both increased sales nearly 20 percent, posting just over $1 billion in sales in each respective sector.

Headcount was up slightly to nearly 35,500 associates across the North American region. In the United States alone, the company aims to hire more than 500 software engineers in 2022 as it continues to win new business and develop new business models driven by software. The company also graduated the first cohort from its inaugural IoT apprentice program, which started in 2020 and teaches the fundamentals of software engineering. All five of the participants in the first round of the program came from a non-software background. They completed their training in 2021 and all are now employed within Bosch full-time in software-focused roles.

Bosch Group: outlook for 2022 and strategic course

In 2021, Bosch achieved significant growth in sales and result despite a difficult environment. In the first quarter of 2022, the sales revenue of the supplier of technology and services rose 5.2 percent. For the year as a whole, Bosch expects sales to grow more than 6 percent, and to achieve an EBIT margin in the range of 3 to 4 percent – and this despite the likelihood of considerable burdens, especially due to rising costs for energy, raw materials, and logistics.

“The successful outcome of the 2021 business year bolsters our confidence as we tackle the challenging environment of the current year,” said Dr. Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. One of the considerable uncertainties is the war in Ukraine and all its implications.

In his view, the current situation highlights the pressure on policymakers and society to become less dependent on fossil fuels and to vigorously pursue the development of new sources of energy. For this reason, he said, the Bosch Group is systematically continuing its efforts to mitigate global warming, despite the challenging economic environment. In addition, Hartung announced Bosch will be investing some three billion euros ($3.5 billion USD) over three years in climate-neutral technology such as electrification and hydrogen.

The Bosch chairman announced that, over the next three years, the company will be investing another ten billion euros ($11.8 billions USD) in digitally transforming its business.

“Digitalization also has a special role to play in sustainability – and our solutions start from this premise,” Hartung said. This year alone, moreover, Bosch plans to take on 10,000 new software engineers worldwide.

About Bosch

Having established a regional presence in 1906 in North America, the Bosch Group employs nearly 35,500 associates in more than 100 locations, as of December 31, 2021. In 2021, Bosch generated consolidated sales of $13.5 billion in the U.S., Canada and Mexico. For more information, visit www.bosch.us, www.bosch.ca and www.bosch.mx.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPresse.

Exchange rate: 1 EUR = 1.1830

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Artificial Intelligence

Rainbow Robotics begins pre-orders of Bimanual Mobile Manipulator RB-Y1, the world’s first research platform for AI experts for $80,000 USD

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DAEJEON, South Korea, May 9, 2024 /PRNewswire/ — Rainbow Robotics(CEO Jungho Lee), a robot platform specialized company, will begin pre-orders for the Bimanual Mobile Manipulator RB-Y1 from May 8.

During the pre-order period, the research platform is sold for $80,000 USD and the commercial platform is sold for $120,000 USD (VAT excluded). Products are scheduled to be delivered sequentially starting in October.
RB-Y1 is a research platform that has both arms with 7 degrees of freedom per arm for smooth movements similar to human movements. It is a humanoid-like robot with a single leg with 6 degrees of freedom on a mobile platform for a wide work radius. The LiDAR system is adopted for autonomous movement, and a high-performance 3D recognition sensor and master ARM are provided as options to increase usability. In line with the recent trend of the AI era, Rainbow Robotics plans to provide various APIs and options so that AI developers can easily utilize them for research purposes.
Recently, various organizations are introducing humanoid robots. However, they are only used for their own purposes and there is no standard platform for various AI robot researchers. Rainbow Robotics’ RB-Y1 is the first to commercially sell such a research platform.
Unlike existing simple industrial robots, a Bimanual Mobile Manipulator is a humanoid robot that uses both arms and is suitable for advanced manufacturing sites and services. It is a next-generation robot platform that can be used for complex assembly, manufacturing, and collaboration beyond existing simple automation processes.
If you would like to pre-order RB-Y1, please contact us through enquiry page or email us at [email protected].
Meanwhile, Rainbow Robotics will participate as a bronze sponsor in the IEEE International Conference on Robotics and Automation (ICRA 2024), which will be held at Pacifico Yokohama, Japan on May 13.
During the exhibition, various demonstrations will be shown of controlling RB-Y1 with real-time remote operation technology, which links the data arm and simulation system. Additionally, Rainbow Robotics plans to exhibit the small, high-precision collaborative robot RB3-730 and the quadruped robot RBQ-10.
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Artificial Intelligence

AgriBusiness Global™ Announces 2024 Event Line-Up: Connecting Crop Input Leaders Worldwide

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WILLOUGHBY, Ohio, May 8, 2024 /PRNewswire/ — AgriBusiness Global, the premier business source for leaders in the global crop input value chain, is thrilled to announce its lineup of events for 2024. For 37 years, AgriBusiness Global has been the go-to resource for quality, trustworthy information and analysis, leading the industry in providing the next generation of crop solutions covering synthetic crop protection, biologicals, and plant health.

In 2024, AgriBusiness Global will host three events, each designed to connect industry leaders, promote innovation, and drive business growth:
AgriBusiness Global℠ LATAM Conference Date: 14-15 MayLocation: Panama City, Panama
Capitalizing on Emerging Technologies in LATAM
The ABG LATAM Conference will bring together industry experts and influencers to discuss the latest trends and developments in crop protection, plant health, biologicals, and ag technology specific to the Latin American region. The Latin-American market offers new opportunities for business growth and partnerships with leading players in the region. Learn More>
AgriBusiness Global℠ Trade Summit Date: 7-8 AugustLocation: Orlando, Florida, USA
The #1 Global Agribusiness Event- Dedicated to Worldwide Networking and New Business Development               
The ABG Trade Summit is the trusted forum for advancing development in the rapidly emerging global crop protection, ag tech, plant health, and biological sectors. Attendees can expect to meet with the world’s leading manufacturers, exporters, trading companies, sellers, formulators, and consultants.  Trade Summit facilitates global trade by offering educational sessions, a robust exhibit floor, private meeting rooms, and dedicated networking opportunities for the world market to connect, engage, and build business. Learn More>
AgriBusiness Global℠ SE Asia ConferenceDate: 6-7 NovemberLocation: Jakarta, Indonesia
Empowering Southeast Asia’s AgriBusiness for Global Impact
The ABG Southeast Asia Conference, produced in cooperation with the Indonesian CropCare Association, will showcase cutting-edge technologies and innovations in crop production, addressing the unique challenges and opportunities in the Southeast Asian market. Attendees will gain unique insights to prepare for the future and navigate the present in the rapidly evolving agricultural market. Learn More>
“Our events are dynamic platforms for industry leaders to connect, collaborate, and drive innovation,” said Eric Davis, Group Director at AgriBusiness Global. “We are excited to bring together the brightest minds in the industry to explore new ideas, foster partnerships, and shape the future of agriculture.”
For information about the 2024 events and how to participate, visit AgriBusinessGlobal.com.
About Meister Media Worldwide
For media inquiries, please contact:Amy Reddington, Show Director
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Economic Shifts Ahead as AI Integrates Deeply into Work and Society, Fueling $4.4 Trillion Growth

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USA News Group News Commentary
Issued on behalf of Scope AI Corp.
VANCOUVER, May 8, 2024 /PRNewswire/ —  USA News Group News Commentary – New developments in AI technology are currently changing the face of work, economies, and society as we know it, according to analysts at McKinsey & Company who are projecting generative AI (gen AI) could add $4.4 trillion annually to the global economy. Between January and March of this year alone, the world’s largest cloud-computing giants have collectively invested $40 billion mostly into data centres equipped to deal with growing AI workloads, according to The Economist. The shift is leading experts to witness how AI companies are leading a transition from Software-as-a-Service to Service-as-Software, turning the table on the very essence of SaaS, representing a $4.6 trillion opportunity. A variety of tech companies have recently advanced the integration of AI, providing swift, safe, and cost-effective solutions for businesses to adopt artificial intelligence technology this past week, including: Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Meta Platforms, Inc. (NASDAQ: META), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), and C3.ai, Inc. (NYSE: AI).

The article continued: Seeing the extraordinary speed of AI’s advancements and impacts, combined with surging private- and public-sector demand, is causing regulators in the USA and EU to issue legislation calling for action. Now analysts are trying to determine whether the GenAI boom is setting up to be another bubble, or a legitimate long-term investment opportunity.
SCOPE AI PROVIDES CORPORATE UPDATE
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope” or the “Company”) today provided an update  on new developments of Scope’s artificial intelligence driven recognition technology called GEM (General Enterprise Machine Learning) system. Built on advanced visual recognition and neural network technology, GEM could advance industries, including Advertising and Gaming, by providing them with new insights and capabilities.
Advertising: GEM aims to enable advertising businesses to personalize ad content based on real-time user behavior analysis. By leveraging visual recognition technology, companies can create highly targeted and engaging ads, maximizing return on ad spend and driving customer engagement to new heights.
Gaming:  In the gaming industry, GEM aims to enhance user experiences by customizing gameplay and recommendations. By analyzing player behavior using neural networks, GEM provides customers and developers with invaluable insights with the intention of optimizing game design, increasing user retention, and maximizing revenue potential.
Unveiling Neural Networks: Neural networks are the foundation of GEM’s technology. These complex algorithms mimic the structure and functionality of the human brain, enabling machines to learn from vast amounts of data and make intelligent predictions and decisions. By harnessing the power of neural networks, GEM offers comprehensive capabilities in advanced pattern recognition, data analysis, and decision-making across industries.
“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 AI. “The next generation of our platform will set us apart in the kind and sensitivity of data we can process and store. It’s a potential game-changer for the industry.”
Scope’s GEM platform includes advanced features designed to enhance user experience and security, all while streamlining operations. Built-in customer support and user management modules allow for seamless assistance, while the native referral system fosters user engagement and growth. Along with the full admin suite for comprehensive analysis and reporting, businesses are fully empowered with unparalleled capabilities and insights.
CONTINUED… Read this and more news for Scope AI at:  https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
In other industry developments and happenings in the market this week include:
Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp, recently teamed up with the Georgia Institute of Technology to create a massive open dataset to advance AI solutions for carbon capture, a technology with promising potential to address global climate concerns. As per the collaboration, Georgia Tech and Meta say their massive database could potentially make it easier and faster to design and implement new direct air capture technologies.
“The open-source database enabled the team to train an AI model that is orders of magnitude faster than existing chemistry simulations,” said Georgia Tech in a press release. “The project, named OpenDAC, could accelerate climate solutions the planet desperately needs.”
Researchers at Meta’s Fundamental AI Research (FAIR) team were already looking for ways to harness their machine-learning prowess to address climate concerns. They ultimately landed on direct air capture as what they believed to be a promising technology, and immediately reached out to Georgia Tech. FAIR’s lead authors generated the database by running quantum chemistry computations on inputs provided by Georgia Tech’s team, using about 400 million CPU hours along the way, and surpassing several hundreds of times more computing than the average academic computing lab can do in a year.
Amazon.com, Inc. (NASDAQ: AMZN) through its global Amazon Web Services (AWS) cloud system subsidiary recently rolled out its new AI system called Q, which it has dubbed as “the most capable generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data.”
As well, Amazon also recently launched its Custom Model Import for Bedrock tool, which CEO Andy Jassy called a “sneak big launch as it satisfies a customer request we’ve heard frequently and that nobody has yet met.” The tool allows customers to import custom models they’ve built in Amazon SageMaker into tits Amazon Bedrock platform. Doing so lets enterprises utilize AI investments they’ve already made, while also leveraging Bedrock’s capabilities to scale their models and applications.
“Customers are excited about this, and as more companies find they’re employing a mix of custom-built models along with leveraging existing LLMs,” said Jassey. “The prospect of these two linchpin services in SageMaker and Bedrock working well together is quite appealing.”
Apple Inc. (NASDAQ: AAPL), whose iPhones currently hold the Top 4 (and 5 of the Top 10) best-selling smartphone models by sales, recently reported an all-time revenue record in sales in its most recent financial results. While being seen as potentially late to the game on AI, several reports in recent weeks has suggested that Apple is not only talking to OpenAI and/or Google about powering some of its AI features, it’s also been reportedly spending “millions of dollars a day” training its own AI model, called Ajax.
Now industry experts are saying the iPhone is about to become an “AI phone”, in anticipation of Apple’s upcoming iOS 18. A key anticipated feature of iOS 18 is Apple’s own large language model (LLM), similar to the technology behind AI chatbots like ChatGPT. It’s widely speculated that this Apple-developed LLM will be integrated with Siri, enhancing the capabilities of the iPhone’s digital assistant. As indicated by Bloomberg in late April, it’s suggested that Apple’s  LLM will be entirely on-device, meaning the tech will be powered inside by the iPhone’s processor, rather than in the cloud—which may be a bit less powerful and knowledgeable, but with far quicker response times.
C3.ai, Inc. (NYSE: AI), an Enterprise AI application software company, is actively working to enhance the petroleum industry in Houston, through a cooperative effort that allows oil and gas companies to share AI technology and applications with each other. This effort is meant to curb companies from withholding information from competitors, with the goal of collaboration instead.
“We’re building the applications that are, you know, monitoring every device on every offshore oil rig in real time so that they can see with 18 hours in advance before something fails and just shut it down,” said Tom Siebel, CEO of C3.ai. Siebel has explained that AI is at work in oil and gas, diagnosing issues and assisting with maintenance, giving the example of a giant like Shell uses AI to track their half a million valves around the world.
“They can see what’s going on,” said Siebel. “They can predict when a valve is going to be stuck open or closed before it happens, and if one of these valves gets stuck open or closed, things go real bad, real fast, right? And so, they’ve decided to make these applications available to Aramco, Eni, Chevron, Phillips.”
A recent report from Research and Markets predicted that the global AI in oil and gas market is expected to surge to an impressive $5.96 billion by 2028, growing at a CAGR of 13.3%.
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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