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Artificial Intelligence

Cision Announces Code of Ethics for AI Development and Support for the Responsible Application Across the Industry

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CHICAGO, June 23, 2023 /PRNewswire/ — Cision, an end-to-end consumer and media intelligence and communications platform, announces the introduction of a new Code of Ethics and a comprehensive Risk Management Framework created specifically to guide the company’s development of Artificial Intelligence (AI) driven capabilities. This industry-leading action reflects increasing concerns from clients, governments, the public and regulators about the potential dangers of AI.     

“The transformative power of AI has already impacted many aspects of communications, enabling us to better understand our audiences, craft more effective messaging and automate time-consuming tasks,” said Antony Cousins, Executive Director of AI Strategy at Cision. “However, we must acknowledge that along with these benefits come potential risks to accuracy, privacy, fairness, transparency and equality.”
The recent breakthroughs in generative AI and the accelerated pace of development across the PR, communications and marketing disciplines has created the need for a principled approach to the application of AI to ensure any guidelines aren’t quickly outdated. Cision’s principles include commitments to:
Rigorous testing, validation, and ongoing monitoring to minimize potential harmPrivacy protection and security of client informationTransparent documentation and explanation of AI objectives, potential risks and mitigationsCommitment to maintaining human oversight while targeting and eliminating bias where possibleCision has been at the forefront of AI development for years, leveraging advanced technologies to deliver actionable analysis and powerful insights to its clients, and is the first in the PR & communications sector to take a public stand on the responsible application of AI.  
“We understand that as the largest communications technology company in the world, we must ensure that our AI solutions not only serve the needs of all our clients, but also avoid any unfair discrimination, violation of personal privacy or amplification of misinformation. The implementation of a robust risk management framework will ensure that Cision’s AI technologies adhere to ethical standards and best practices, fostering a more equitable and responsible AI ecosystem,” said Cousins.    
Cision is also actively shaping the development of government guidelines ensuring representation for the communications industry in future AI regulations by actively engaging with the UK Government on its recently published whitepaper on AI regulation and the U.S. Government’s request for contributions to their AI regulation plans. In addition, as a leader in industry associations like CIPR and AMEC, Cousins will be working to build broader industry commitment to responsible development guidelines.   
“If we do not proactively act responsibly, forthcoming regulation will be overly restrictive and limit our ability to maximize the positive impact AI can have for our customers. We want to collaborate with the whole industry to avoid this risk and ensure good outcomes for our clients and their stakeholders,” said Cousins. Cision is inviting any relevant stakeholders to reach out directly if they want to collaborate on industry-wide commitments.
Cision has a robust pipeline of AI-driven capabilities leveraging the largest data set in the industry for training AI models, which it will continue to bring to market through its Brandwatch consumer intelligence solution, PR Newswire and CisionOne, the new revolutionary PR & communications platform, that debuts in July in the UK.
About CisionCision is a comprehensive consumer and media intelligence and communications platform enabling public relations, marketing and communications professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of leaders to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including PR Newswire, Brandwatch, Cision Communications Cloud® and Cision Insights. To learn more, visit www.cision.com and follow @Cision on Twitter.
Contact Information:For media inquiries, please contact:Cision Public [email protected]

 

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Artificial Intelligence

Gaming Innovation Group rebrands GiG Media to Gentoo Media

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ST. JULIAN’S, Malta, June 18, 2024 /PRNewswire/ — Gaming Innovation Group Inc. (GiG), a leader in digital marketing and media within the online gaming sector, today announced that GiG Media will be rebranding to Gentoo Media. The rebranding comes ahead of the planned split of the Company in Q3 2024 as previously announced. The change reflects the Company’s ongoing commitment to growing the business and building on the successful track record as a leading affiliate in the iGaming industry. 

The new company name Gentoo Media pays a tribute to GiG Media’s Rebel Penguin heritage, as the Gentoo is an Antarctic penguin species known for prospering by coming together as a unit to survive and thrive. Furthermore, Gentoo symbolises the next generation of the Company’s legacy, stepping into a new chapter while continuing the path as a market leading affiliate, shaping the future of affiliation. The new brand encapsulates the Company’s commitment to deliver superior results for partners and to provide exceptional value to shareholders.
Jonas Warrer, CEO of GiG says: “The launch of our new brand is a big milestone for us in the process of separating GiG Media from Gaming Innovation Group. Gentoo has been created with all our partners and employees in mind, ensuring to communicate an accurate and genuine view of ourselves, the business and what we stand for and believe in. The launch of Gentoo marks a new era and we couldn’t be more excited for the future prospects of the business.” 
Mikael Harstad, Chairman of the Board says: “The rebrand of GiG Media marks a pivotal moment in the separation of Gaming Innovation Group into two independent businesses, and is a vital step in the process of increasing shareholder value. The launch of Gentoo is a testament to the organisation’s dedication in delivering superior quality and results in every aspect of the business, and is setting the company off to a great start.”
For more information, please contact:Jonas Warrer, CEO of GiG, [email protected], +45 30788450
About Gaming Innovation Group (GiG)Gaming Innovation Group is a leading iGaming technology company that provides solutions, products, and services to iGaming Operators. Founded in 2012, Gaming Innovation Group’s vision is ‘To be the industry-leading platform, sportsbook and media provider delivering world-class solutions to our iGaming partners and their customers’.  GiG’s mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under GIGSEK. www.gig.com
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/gaming-innovation-group/r/gaming-innovation-group-rebrands-gig-media-to-gentoo-media,c4002773
 

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Artificial Intelligence

Revolutionize Space Management with Milesight VS Series Occupancy & People Counting Solutions

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XIAMEN, China, June 18, 2024 /PRNewswire/ — In an era where data-driven decision-making is pivotal, understanding and optimizing the use of spaces has become a critical need for businesses, institutions, and public spaces. Milesight’s VS Series Occupancy & People Counting sensors stand at the forefront of this revolution, offering sophisticated, reliable, and precise solutions to monitor and manage people flow and space utilization.

What Are Milesight’s VS Series Sensors?Milesight’s VS Series encompasses a range of advanced sensors specifically designed to accurately count people and monitor occupancy levels in real-time. These sensors leverage cutting-edge AI algorithms and state-of-the-art technology to provide high accuracy and reliable data, catering to diverse environments such as offices, retail spaces, transportation hubs, and educational institutions.
Key Features and Benefits:Heat MapVisualize movement trends with heat maps.Group CountingRealizes group counting to gain deeper insights into customers’ behaviors and shopping preferences.Multi-Device StitchingSmoothly fuse multiple sensors to extend the covering area.Staff DetectionIdentify Staff by reflective strip or staff lanyard.Adults/Children DifferentiationDifferentiate adults and children by height setting.
Applications Across Industries:Corporate OfficesRetail and Shopping MallsTransportation Hubs
Success Stories1000+ People Counting Sensors Improve Business in 700+ Retail Stores in Europe The Milesight AI ToF People Counting Sensor VS133 has been successfully deployed in over 700 retail stores across Europe, with more than 1,000 devices installed. This project caters to a wide range of industries, including clothing, retail, jewelry, cosmetics, and more. Leading retail brands such as JOTT, Herno, Hawkers, and many others have benefited from this solution, achieving efficient operations and enhancing their overall performance.
Product HighlightsVS135 Ultra ToF People CounterVS351 Mini Al Thermopile People CounterVS360 IR Breakbeam People CounterVS133 Al ToF People Counting Sensor VS350 Passage People Counter VS330 Cubicle Occupancy Sensor VS121 Al Workplace Occupancy Sensor VS34x Desk & Seat Occupancy Sensor
Milesight’s VS Series Occupancy & People Counting sensors are revolutionizing how spaces are managed. By providing precise, real-time data, these sensors enable better decision-making, enhanced safety, and improved efficiency. Whether you are looking to optimize a small office or manage a large public space, Milesight’s VS Series offers the tools you need to succeed.
Contact: [email protected] 
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Artificial Intelligence

Nota AI®, Leading AI Optimization Company, Secures $19.9 Million Series C Funding to Pioneer On-Device Generative AI

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Cumulative funding reaches approximately $42.6 million since inception, solidifying Nota AI’s position as Korea’s leading on-device AI innovatorIPO preparations for 2025 are underway with strong backing from lead underwriterParticipation from global AI semiconductor CVC and major AI semiconductor company as strategic investorsSEOUL, South Korea, June 18, 2024 /PRNewswire/ — Nota AI, a leading South Korean startup specializing in AI optimization and lightweighting technology, has successfully raised $19.9 million (25.8 billion KRW) in its Series C funding round. This brings the total investment raised since its founding to approximately $42.6 million (53.2 billion KRW). The round was led by STIC Ventures and LB Investment, with new investments from STIC Ventures, Korea Development Bank, and Mirae Asset Securities. Existing investors Stonebridge Ventures, LB Investment, InterVest, and DS Investment Partners also contributed additional funds, alongside a key AI semiconductor CVC participating as a strategic investor.

Founded in 2015, Nota AI specializes in edge and on-device generative AI technology. Early recognition of its potential came with initial investments from Naver D2SF. Since then, Nota AI has rapidly expanded its customer base both domestically and internationally, securing continuous investments from Stonebridge Ventures and LB Investment.
Leveraging this new funding, Nota AI plans to actively recruit top AI optimization talent and enhance collaborations with global AI semiconductor companies to expand its business. Nota AI is already engaged in significant contracts to provide generative AI optimization technology to leading AI semiconductor firms.
Looking ahead, Nota AI aims to extend its high-performance generative AI model optimization technology to various industries such as robotics and mobility, allowing broader applications of generative AI in daily life. Additionally, Nota AI plans to strengthen AI optimization technology collaborations with strategic investors targeting AI semiconductors.
Nota AI intends to file for an IPO early next year, with Mirae Asset Securities as the lead underwriter, indicating strong preparation for a stable listing. Mirae Asset Securities, participating in this investment round, has expressed high expectations for Nota AI’s successful IPO.
Myungsu Chae, CEO of Nota AI, stated, “Our sales for the first half of this year are expected to exceed the total sales of 2023, and we anticipate a 300% increase in sales for 2024 compared to the previous year. With this investment, we will actively pursue strategic collaborations with partners and expand our overseas business to establish ourselves as a global leader in on-device AI.”
Jae Won Do, Director at STIC Ventures, who led this investment round, commented, “Nota AI is evaluated as a company that can popularize evolving and sophisticated AI models across various devices. We expect that, alongside big tech companies like NVIDIA and ARM, Nota AI will play a key role in the spread of on-device AI.”
Nota AI’s platform, ‘NetsPresso,’ optimizes AI models for device compatibility, allowing AI models to run directly on the device. Nota AI has established official partnerships with global tech companies such as NVIDIA, ARM, Intel, STMicroelectronics, and Renesas, maintaining close collaborations.
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