Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Context Labs Announces CLEAR Path™ Platform to Catalyze Change in Environmental Commodities Markets

Published

2 years ago

on

CAMBRIDGE, Mass., Sept. 21, 2022 (GLOBE NEWSWIRE) — Context Labs, an Enterprise Data Fabric Climate Tech company based in Cambridge, MA, and Amsterdam, announced today the launch of its CLEAR Path™ Platform (Context Labs Environmental Attribute Registry). CLEAR Path™ ensures that the fundamental building blocks, “data,” for environmental attributes and differentiated commodities, (e.g., carbon, renewable energy credits, water, plastics, and emission certifications), are transparent, secure, attested, trusted, and traceable. These new advanced capabilities provide a solution to mitigate green-washing and avoid double-counting within the industry, targeted at reliably accelerating the global energy transition.

Powered by the company’s Immutably™ Enterprise Data Fabric, CLEAR Path™ converges advanced machine learning/AI and blockchain technologies to form new empirical, data-driven registry capabilities rendering data as “Asset Grade Data (AGD).” CLEAR Path™ is being supported at launch by KPMG LLP along with select leading global firms, including Williams, Parsons, Project Canary, Carbon GeoCapture, and OxoCarbon.

“Regulators are increasingly mandating carbon transparency. This is driving increased interest in the carbon intensity of commodities. The work that Context Labs is doing to deliver the highest level of transparency to the Global Environmental Attribute markets through their Next Gen Registry called CLEAR Path™ is a critical ingredient for establishing trust and driving demand for lower carbon solutions,” stated Curtis Ravenel, Senior Advisor to the Glasgow Financial Alliance for Net Zero (GFANZ), Founding Member of the Secretariat of the Financial Stability Board’s Taskforce on Climate-Related Financial Disclosure (TCFD) and Board Member to Context Labs.

“CLEAR Path™ is powered by Context Labs’ Immutably™ Enterprise Data Fabric Technology, which integrates and connects all sources of data in the verification and creation of environmental attributes, the fundamental building blocks of environmental commodities, and a new digitally quantified ESG. It generates the highest quality certs, credits, and RECs possible, based on transparent Asset Grade Data, military-grade encryption for data security, and immutable traceability on our blockchain fabric,” said Context Labs Founder and CEO, Dan Harple. “CLEAR Path™ solves two of the crucial problems at the crux of the energy transition: effectively, the lack of trust in existing environmental attributes and ESG data underpinning environmental commodities, and the inability to provide traceability for these environmental attributes across market platforms.”

KPMG is continuing to collaborate closely with Context Labs to deploy data and technology solutions to help businesses measure, monitor and prove their climate and ESG performance and scale their efforts to offer high-quality carbon credits.

“Voluntary carbon markets, underpinned by timely and accurate data, will be instrumental in the transition to a low carbon economy,” said KPMG US ESG leader, Rob Fisher. “With CLEAR Path™, Context Labs has the opportunity to provide a digital backbone that should help take voluntary markets to scale, increase trust and accountability amongst stakeholders, and provide companies with a better picture of both their environmental impact and risk.”

“This is another exciting step in our multi-faceted strategy with Context Labs, leveraging technology that enhances our innovative low carbon and carbon neutral market solutions,” said Chad Zamarin, Senior Vice President of Corporate Strategic Development at Williams. “As Williams drives the next generation of the energy marketplace with next-gen gas, clean hydrogen and other low carbon products, CLEAR Path™ from Context Labs will provide an industry-leading platform that will benefit our customers with best-in-class and trusted clean energy solutions.”

“Parsons is in the business of delivering innovative critical infrastructure across the world, including digitally-enabled solutions for utilities, transportation, environmental remediation, facilities and water and wastewater facilities,” said Peter Torrellas, President of Connected Communities for Parsons. “Today, that means we need to have a wider range of operational and environmental data available across a broader collection of stakeholders to drive climate-aligned decisions. Our collaboration with Context Labs opens new avenues of value creation in climate resilience and energy transition for our public and private sector clients.”

“Understanding the environmental footprint of how a natural gas molecule is produced and transported is becoming essential data for both sellers and buyers. We provide markets with independent measurements and assessments to verify these environmental attributes, such as low methane intensity or low water attributes. Now Context Labs CLEAR Path™ provides a trusted registry to track, transfer and retire these attributes,” said Will Foiles, Co-Founder and COO, Project Canary. “We believe in the power of markets to help combat climate change, and our combined offering provides exciting capabilities to accelerate the adoption of differentiated, responsibly sourced gas on terms that meet the needs of both sellers and buyers.”

“Carbon GeoCapture has spent 20 years learning to use unconventional rock formations to reduce capture and cleanup costs and to hold massive amounts of carbon dioxide. As we commercialize our unique approach, we are thrilled to be working with Context Labs to materially enhance how we track the carbon dioxide that we sequester. With CLEAR Path™, we can bring speed and transparency to how we quantify, verify, generate, register, and ultimately trade the highest quality carbon credits that will earn the highest premium in the voluntary carbon markets,” stated John Pope, Ph.D., President, and CEO of Carbon GeoCapture Corp.

“CLEAR Path™ facilitates the trust, traceability, and compliance in the data behind carbon methodologies and projects,” said Ludovino Lopes, OxoCarbon Chairman, Member of the United Nations Global Compact and Environmental and Carbon Legal Advisor. The foundations of an environmentally sympathetic and sustainable global economy need to be built on the basis of trust, transparency, and the highest level of legal and regulatory compliance. OxoCarbon is committed to delivering premium quality carbon credits from nature-based solutions by ensuring the highest level of environmental integrity, trust, traceability, and compliance, and CLEAR Path™ will enable this.

About

Context Labs provides solutions for customers who demand trusted provenance in their data, tracked veracity through the data’s supply chain of use, and a requirement for trusted insights. It is dedicated to sourcing, organizing, and contextualizing the world’s ESG information, enabling data to become trusted, shared, and utilized as Asset Grade Data to provide insights and solutions through Asset Grade Analytics that informs markets. Context Labs’ mission is to provide the world’s trusted data fabric platform, delivering Asset Grade Data, using its Immutably™ Enterprise Data Fabric platform, deploying machine learning, Artificial Intelligence, and cryptographic blockchain technologies, for context-driven insights. The company was formed out of MIT research and is comprised of a leadership team that has been instrumental in the at-scale growth of the Internet, in prior companies.

KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax, and advisory services. The KPMG global organization operates in 144 countries and territories and has more than 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at www.kpmg.com/us.

Williams As the world demands reliable, low-cost, low-carbon energy, Williams will be there with the best transport, storage, and delivery solutions to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment-grade C-Corp. with operations across the natural gas value chain, including gathering, processing, interstate transportation, storage, wholesale marketing and trading of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest-growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating, and industrial use. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, next-generation gas and other innovations at www.williams.com.

Parsons Corporation is a leading disruptive technology provider in the national security and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, C5ISR, transportation, environmental remediation, and water/wastewater treatment. Please visit www.Parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Project Canary® is the leading provider of on-demand climate insights for emission-intensive companies. The company provides operational insights, emissions data, and verified climate attributes to decarbonize energy systems by integrating sensor data with real-time portal and in-depth data analytics. They are the leaders of independently verified climate credentials that support investment, safety, reporting, and disclosure actions. www.projectcanary.com

Carbon GEOCapture is focused on using its technology and knowledge to sequester significant amounts of carbon dioxide in geologic formations as economically and quickly as possible. CGC was founded in 2016 to drive safe, affordable sequestration of carbon dioxide in geologic reservoirs. More information is available at www.carbongeocapture.com.

OxoCarbon is committed to delivering premium quality carbon credits from nature-based solutions by ensuring the highest level of integrity, traceability, transparency, and compliance. Our rigorous validation procedures add incremental layers of value over existing standards and methodologies for carbon emissions, environmental assets, and services, enabling us to deliver environmental assets of the highest quality, in line with the long-term sustainability needs of our planet. www.oxocarbon.com

Contact Information:
Context Labs Press
Team
[email protected]
617-902-0932

Related Images

Image 1

This content was issued through the press release distribution service at Newswire.com.

Attachment

Related Topics:

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Continue Reading

Artificial Intelligence

FinVolution to Hold 9th Global Data Science Competition, Focus on Deepfake Speech Detection in LLM era

Published

1 hour ago

on

May 10, 2024

By

finvolution-to-hold-9th-global-data-science-competition,-focus-on-deepfake-speech-detection-in-llm-era

The 9th FinVolution Global Data Science Competition targets deepfake speech detection, tackling the challenge of distinguishing between cloned and authentic voices in the LLM era.The contest is part of the IJCAI 2024 Competitions and Challenges track, encouraging global collaboration and innovation among AI enthusiasts.By integrating LLM-generated fake voices in the test dataset, the competition increases complexity and spurs innovation.SHANGHAI, May 10, 2024 /PRNewswire/ — FinVolution, a leading fintech service provider, launches the 9th FinVolution Global Data Science Competition today, with a focus on “Deepfake Speech Detection.”  The contest is part of the IJCAI (International Joint Conference on Artificial Intelligence) Competitions and Challenges track, a top international AI conference.

As voice synthesis technology continues to evolve, the line between cloned and genuine voices has become increasingly blurred in the era of large language models (LLMs), posing significant challenges to data security and asset protection.
The competition aims to inspire global AI enthusiasts and experts to innovate in combating voice cloning and deepfake scams. Contestants will utilize deep learning technologies to develop models and algorithms based on FinVolution’s test dataset. The competition will include LLM-generated fake voices to elevate complexity and spur innovation.
With a total prize pool of RMB 310,000, the contest will consist of preliminaries, semifinals, and a final, with an aim to authenticate true and false voices. Highest-ranked contestants will attend IJCAI 2024 in Jeju of South Korea, to receive the awards and engage with academic and industry experts. FinVolution proudly sponsors IJCAI 2024.
Tiezheng Li, CEO of FinVolution, stated, “Since its inception nine years ago, the FinVolution Global Data Science Competition has evolved into a widely recognized event in the field of data technology, facilitating technical exchange worldwide. Partnering with IJCAI this year, a top-tier international AI conference, demonstrates our commitment to advancing deep speech recognition technology.”
The Deepfake Challenge
During the preliminaries (May 10 to June 12), participants will design algorithms based on the white-box dataset supplied by FinVolution and submit scoring results to qualify for the semifinals. The dataset primarily comprises voice recordings totaling 20-40 hours.
At the semifinal stage (June 13 to June 28), contenders are expected to refine their algorithms based on the black-box dataset provided by the competition organizer, vying for a spot in the final. The dataset, composed mainly of private data, contains five to 10 hours of recordings.
Participants can register on the official website from May 9 to June 3, to download and view the datasets.
Upholding AI Ethics
Voice cloning has emerged as a major form of telecom fraud, as scammers exploit AI technology to make distinction between genuine and fake voices increasingly tricky.
The competition focuses on safeguarding user privacy and combating fraudulent activities by identifying cloned voices accurately.
Lei Chen, Vice President of FinVolution and Head of its Big Data and AI Division, said, “The applications of Large Language Models far exceed the corresponding detection technology, posing great challenges to information security. We hope to see AI deepfake voice detection technology keep pace with the developments of LLMs, thus safeguarding the data security of the public. With this concept in mind, the FinVolution Global Data Science Competition is not only a platform for technical competition but also an opportunity to explore how AI can better adhere to ethical principles and serve the public.” 
To date, the FinVolution Global Data Science Competition has drawn nearly 10,000 participants globally in total, becoming a widely recognized event in the field of digital financial technology.
Organized annually since 2016, the contest themes have spanned diverse domains, all rooted in real-world fintech business scenarios. These themes range from risk control algorithms, financial data applications, and product development to semantic similarity recognition, asset portfolio cash flow prediction, and credit schemes for small- and micro-sized enterprises.
About FinVolution Group
FinVolution Group is a leading fintech company that connects millions of consumers as well as micro- and small-sized enterprises with financial institutions.
Founded in 2007 and listed on the New York Stock Exchange in 2017, we have been at the forefront of the pan-Asian credit technology industry, pioneering innovative technologies in credit risk assessment, fraud detection, big data, and artificial intelligence. With a proven track record of robust growth in pan-Asian countries, we have established leading fintech platforms in China, Indonesia, and the Philippines.
Photo –  https://mma.prnewswire.com/media/2408594/image_1.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/finvolution-to-hold-9th-global-data-science-competition-focus-on-deepfake-speech-detection-in-llm-era-302141074.html

Continue Reading

Artificial Intelligence

XTEND SECURES $40M TO REDEFINE ROBOTICS WITH AI-POWERED COMMON SENSE

Published

3 hours ago

on

May 10, 2024

By

xtend-secures-$40m-to-redefine-robotics-with-ai-powered-common-sense

XTEND and its XOS operating system are unlocking the potential of robots and drones by empowering them with AI and partnering them with humans – providing them with the ‘common sense’ to navigate the unpredictable nature of real-world situations
TEL AVIV, Israel, May 10, 2024 /PRNewswire/ — XTEND, the developer of XOS, an AI-driven operating system that is revolutionizing the way humans interact with drones and robots, today announced its $40M Series B round, led by Chartered Group, with further participation from its existing and new strategic investors, including Clal-Tech. The new funding will further develop XTEND’s proprietary XOS operating system and its application in various time-consuming, dangerous enterprise and security scenarios worldwide. XTEND will also ramp up global sales of its own drones and robotics products.

XTEND provides a revolutionary human-supervised, AI-driven drone and robot operating system that enables operators to perform highly complex and dynamic missions in any environment with minimal training. When drones and robots are controlled by XTEND’s patented XOS operating system – which fuses the best of human intelligence and machine autonomy – it provides a new way for logistics, public safety, inspection, defense, and security professionals to interact with machines effectively from a safe distance. 
XTEND’s team believes that as the use of drones and robots become more prevalent, professional human oversight remains crucial, and therefore developing a seamless collaboration between humans and AI, where each play to their strengths for optimal results, is vital. Aviv Shapira, co-founder, and CEO, explains: “Robots and drones promise to transform everything from factories to our homes. However, a significant hurdle remains – equipping them with the common-sense abilities to deal with the unpredictable nature of real-world situations, understand their surroundings, and make decisions based on that information. XOS uses AI to enable robots to learn from data and experience. Training them to identify objects, navigate complex environments, and interact with humans safely. We are unlocking the true potential of robotics in complex scenarios, including first response, search and rescue, logistics, critical infrastructure inspection, defense, and security.”
“Our XOS operating system is based on “Practical Human Supervised Autonomy” which empowers drones and robots to handle specific tasks autonomously – entering buildings, scanning floors, or even pursuing suspects. However, crucially, it allows the “common sense” decisions – like judging situations or adapting to unforeseen circumstances – to remain in the hands of human supervisors. This human-machine teaming allows our robots to work alongside supervisors, who can manage dozens of robots simultaneously, and learn from that experience. That is why we believe that XOS will become the operating system of choice for anyone looking to maximize their robotic systems’ potential while decreasing the risks posed to their teams’ lives or concerns around lack of human oversight.”
Hundreds of XTEND’s drone and robotics systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and those platforms to deliver the future of human-machine teaming. XOS is hardware agnostic, which allows it to control all sorts of platforms, including third party devices, complement existing technology, or create entirely new systems from scratch. XOS’s open architecture means that it can host applications developed by other companies, too. 
Matteo Shapira, co-founder, and CXO, adds: “Unlike self-driving cars, which operate in a world with mostly known rules and scenarios, XTEND specializes in enabling operations in “hypervariable” environments. Take a last-mile delivery robot. It can navigate autonomously indoors and outdoors but might need human help finding an office building entrance or understanding floor layouts to reach the elevator or stairway. These environments present limitless situations with the potential for the unexpected, requiring human-level decision-making skills specific to each profession. XTEND’s core technology, XOS, is built around this human-machine partnership. We are continually adding new “AI SKILLS” to our system, and those skills will allow robots to handle a growing portion of missions and tasks, freeing up human supervisors to manage more missions simultaneously, at scale.”
Eyal Agmoni, Founder and Chairman of Chartered Group, said: “We believe that the companies bringing the value of AI to massive and complex industries, such as robotics and drone operations, will be the tech giants of the 21st century. Having observed XTEND’s remarkable achievements thus far, we truly believe in the company’s potential to become the world leader in robotics and drone operations, and AI.” 
XOS has been developed for multiple markets, including logistics, public safety, inspection, and security. The U.S. Department of Defense Special Forces and Israel’s Ministry of Defense tier-1 units have also chosen XTEND for multiple multi-million-dollar programs to develop and deliver its systems for operational evaluation, so the company’s technology is already being used by some of the best in the business.
About XTENDXTEND provides revolutionary human-guided autonomous machine systems that enable any operator to perform extremely accurate manoeuvres and actions, in any environment with minimal training. The company’s patented XOS operating system fuses the best of human intelligence and machine autonomy to enhance the operator’s abilities, and simultaneously reduce the need for physical confrontation, thereby minimizing casualties and injuries. Hundreds of XTEND’s systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and platforms to deliver the future of human-machine teaming to defense, HLS, and security professionals worldwide. Find out more here.
https://vimeo.com/802995851/2554c5485a – this footage shows XTEND’s team using drones and our XOS operating system to help with the recent rescue effort in Turkey. XOS enabled these drones to be operated in unsafe, confined, hard to reach spaces. Utilising additional cutting-edge technology, including robotic arms and thermal cameras, to enhance each drone’s rescue capacity. While this mission was carried out by XTEND’s own team, XOS enables anyone to easily connect and interact within remote environments using drones and other smart machines, without the need for prior knowledge or training.
About Chartered GroupChartered Group is an innovative global private equity firm providing extraordinary global investment funds and opportunities for a greener and more digitalized world across several disciplinaries with its VC of Disruptive Technologies as its cutting edge. Chartered is all about exposing accredited and institutional investors to the most extraordinary global investments and opportunities. As a global private equity firm, Chartered cut through the investment noise to deliver a variety of savvy financial products and services that not only support a greener and more digitalized world but also leverage robust financial returns, one tailored strategy at a time. To learn more please visit www.charteredgroup.com.
Photo – https://mma.prnewswire.com/media/2409227/XTEND_FOUNDERS.jpgPhoto – https://mma.prnewswire.com/media/2409226/XTEND_DRONE.jpgPhoto – https://mma.prnewswire.com/media/2409228/XTEND_OPERATING_SYSTEM.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/xtend-secures-40m-to-redefine-robotics-with-ai-powered-common-sense-302141733.html

Continue Reading

Artificial Intelligence

Precisely Continues to Expand Reach and Capabilities for Data Enrichment and Geo Addressing

Published

7 hours ago

on

May 9, 2024

By

precisely-continues-to-expand-reach-and-capabilities-for-data-enrichment-and-geo-addressing

New global Address Fabric™ and Property Attributes offerings help customers access unparalleled location-based insights, supercharged by the PreciselyID
BURLINGTON, Mass., May 9, 2024 /PRNewswire/ — Precisely, the global leader in data integrity, today announced further expansions in the global coverage and capabilities of its data enrichment and geo addressing portfolio. New additions to the Address Fabric and Property Attributes products underscore the company’s continued commitment to helping customers easily unlock greater location-based context from their data, enabled by its unique and persistent identifier, the PreciselyID.

Virtually every business worldwide captures and stores address information, with the average large business in the United States now estimated to store over 100 million unique addresses. However, navigating the inherent data integrity challenges is notoriously difficult, as it involves new buildings, changing street names, different country formats, and more.
Expanded Address Fabric Reach
Precisely customers can now access the Address Fabric dataset for Great Britain, France, and New Zealand – providing the most current and comprehensive lists of all known physical addresses across these countries. The new datasets expand Precisely’s existing coverage for the United States, Canada, and Australia.
Address Fabric data is easy to use with any database and analytics environment without needing specific geospatial expertise or tools. Customers can analyze address locations for various applications, including identifying new serviceable addresses, discovering new customers through look-a-like analysis, or selecting a site for new stores or network expansion opportunities.
Comprehensive Property Attributes Information
Precisely also announced the expansion of its Property Attributes products for the United States with 26 new attributes now available via integration with Multiple Listing Service (MLS) data. The MLS database of property listings is used by real estate agents to share information about homes currently on the market, including whether a property is affiliated with a Homeowner’s Association or if it’s considered a rental property.
With the latest updates, Property Attributes products now include over 230 different property information attributes across virtually every county located in the United States, providing a highly comprehensive view of a property and its key characteristics, such as details on land use, square footage, construction materials, and year built.
Address Fabric and Property Attributes leverage best-in-class geo addressing solutions from Precisely to provide the most accurate location information possible. Because each record is appended with a unique PreciselyID that remains persistent even when address elements change, customers can unlock greater value by enriching their data with additional information such as points of interest data, risk factors, demographics data, and much more.
“Precisely continues to be at the forefront of data enrichment and geo addressing solutions, enabling customers where they are on their data journey and supporting them with access to consistent location-based insights across their countries of operation,” said Dan Adams, Senior Vice President and General Manager for Data Enrichment at Precisely. “An essential element of data integrity, our unique PreciselyID makes address management and enrichment simple by eliminating time-consuming data preparation and augmenting insights with rich, relevant context.”  
Precisely is renowned for its expertise in helping customers reveal maximum context from their data, with a comprehensive portfolio that includes over 400 datasets containing more than 9000 attributes. The company also recently joined the Overture Maps Foundation, founded by Amazon Web Services (AWS), Meta, Microsoft, and TomTom, providing guidance on location intelligence and data enrichment to help drive exciting new advancements in geospatial technology.
Learn more about the Precisely portfolio of data enrichment and geo addressing capabilities.
About PreciselyPrecisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 99 of the Fortune 100. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.
Logo – https://mma.prnewswire.com/media/2408758/Precisely_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/precisely-continues-to-expand-reach-and-capabilities-for-data-enrichment-and-geo-addressing-302141781.html

Continue Reading

Trending