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Acclaimed Cognitive Researcher Dr. Inês Hipólito Joins VERSES as Artificial Intelligence (AI) Ethicist

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VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence, strengthens its commitment to ethical AI by proudly introducing Dr. Inês Hipólito as AI Ethicist.

Dr. Hipólito, an internationally renowned researcher in cognitive neuroscience and AI, brings her knowledge and experience to VERSES, championing the integration of ethical considerations, inclusivity and environmental responsibility in AI design.

In her role at VERSES, Dr. Hipólito will drive the company’s commitment to ethical AI development, minimizing social exclusion, promoting transparency, inclusivity and preserving the natural world.

“Dr. Hipólito’s appointment underscores our unwavering shift towards identifying societal challenges as opportunities for responsible and mission-driven AI development, prioritizing social inclusivity, diversity and belonging in AI design,” says Gabriel René, CEO of VERSES. “Her philosophy aligns with our vision for responsible and inclusive AI development. We firmly believe that her expertise will greatly advance our mission to revolutionize technology while respecting diversity, human rights and the environment.”

Dr. Hipólito’s research focuses on the complex relationship between cognition and AI, exploring how the sociocultural environment shapes cognitive development and AI design. As VERSES’ AI Ethicist, Dr. Hipólito will focus on four core areas:

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Minimizing Social Exclusion: Dr. Hipólito will lead efforts to ensure that VERSES’ AI technologies work to minimize exclusion. She will guide the team in developing systems that are fair, inclusive and provide equal opportunities for all individuals, regardless of their social standing.

Explainability and Transparency: Under Dr. Hipólito’s stewardship, VERSES will strive for greater transparency and explainability in AI systems’ development including accountability mechanisms to address any unintended consequences or biases.

Inclusive Design: Championing a collaborative approach, Dr. Hipólito will oversee the implementation of an inclusive design process. This will involve diverse stakeholders and encourage a broad spectrum of perspectives to eliminate potential biases and address unique challenges.

Protecting the Natural World: Respecting the ecological balance, Dr. Hipólito will steer VERSES AI development toward environmental sustainability. This entails examining the environmental impact of VERSES AI technologies and promoting practices that minimize harm to our planet.

Currently a Lecturer of Philosophy of AI at Macquarie University in Sydney, NSW, Australia and a researcher at Ethics and Agency Research Center, Dr. Hipólito has had an illustrious academic career. Her work has been featured in numerous scientific journals and she has co-edited several significant collections. She has also received 19 research awards and was granted the prestigious Talent Grant from the University of Amsterdam in 2021, where she conducted a research project on the positive and negative impacts of smart environments employing active inference models. Her profound insights and dedication to promoting ethical AI practices made her a sought-after voice in science magazines and podcasts appearances.

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Dr. Hipólito is also co-founder and vice-president of the International Society for the Philosophy of the Sciences of the Mind and the founder / host of The PhilospHER’s Way, a podcast aimed at challenging the dominant way of philosophical thinking. Her dedication to philosophy and research ethics is highlighted by her service on the Women in Philosophy Committee and the Committee in Diversity and Inclusivity at the Australasian Association of Philosophy from 2017 to 2020.
Dr. Hipólito held a postdoctoral and lecturer position at the distinguished Berlin School of Mind and Brain and the Philosophy Department at Humboldt-Universität zu Berlin. She then became a Co-Principal Investigator of a consortium project “Exploring and Designing Urban Density, Neurourbanism as a Novel Approach in Global Health,” funded by the Berlin University Alliance.

“I am deeply committed to identifying societal problems that AI can help solve, the ethical collection and use of data, algorithm design, decision-making processes and the broader societal impacts of AI.” said Dr. Hipólito. “It is critical that in this role I am both deeply aware of the ethical decisions we are making on a daily basis and that I have the academic and professional independence to move us in a different direction if needed. VERSES has been very clear that we are aligned on this approach from the beginning.”

About VERSES
VERSES is a cognitive computing company specializing in next-generation Artificial Intelligence. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES flagship offering, GIA™, is an Intelligent Agent for anyone powered by KOSM™, a network operating system enabling distributed intelligence. Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature. Learn more at VERSESLinkedIn and Twitter.

On Behalf of the Company
Eric Holder, Director of Communications, VERSES AI Inc., [email protected]

Investor Relations Inquiries
Leo Karabela, President, Focus Communications
[email protected], 416-543-3120

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The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.

Cautionary Note Regarding Forward-Looking Statements

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. This information and these statements, referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements that Dr. Hipólito is expected to strengthen the Company’s commitment to ethical AI development, minimizing social exclusion, promoting transparency, inclusivity and preserving the natural world and that Dr. Hipólito’s work is expected to focus on the four ideas of minimizing social exclusion, explainability and transparency, inclusive design and protection the natural world.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that Dr. Hipólito will strengthen the Company’s commitment to ethical AI development, minimizing social exclusion, promoting transparency, inclusivity and preserving the natural world and that Dr. Hipólito’s work will focus on the four ideas of minimizing social exclusion, explainability and transparency, inclusive design and protection the natural world.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that Dr. Hipólito will not strengthen the Company’s commitment to ethical AI development, minimizing social exclusion, promoting transparency, inclusivity and preserving the natural world and that Dr. Hipólito’s work will not focus on the four ideas of minimizing social exclusion, explainability and transparency, inclusive design and protection the natural world. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

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Artificial Intelligence

Asia Pacific View: Foreigners Looking for the Most Practical Smart Technology at the 2024 World Intelligence Expo

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BEIJING, June 28, 2024 /PRNewswire/ — Bionic robots that speak both Chinese and English can have the same skin and nails as humans? A flying car powered solely by wind can have a maximum payload of 160 kg? A smart wheelchair can control its operation with just the “mind”? Kevin and Daria, two foreign bloggers, have experienced during the World Intelligence Expo held in Tianjin how the artificial intelligence can empower people’s future lives in industries such as technology, trade, logistics and cultural tourism.

 
With the theme of “Intelligent Travel Empowering Future”, the Expo integrates exhibitions, experiences and events, attracting more than 550 exhibitors and institutions from all over the world, including more than 70 well-known enterprises such as Huawei, Alibaba, Baidu and Danfoss, and 57 universities and research institutions such as Peking University, Tsinghua University, Nankai University and Tianjin University. The Expo set up 10 major themes such as artificial intelligence, intelligent networked vehicles, intelligent manufacturing and robots, covering the frontier hot spots of the intelligent industry. A number of cutting-edge new technologies, new products, and new experiences from all over the world were showcased centrally, reminding people that technology will completely change the lifestyles in the future.
At the exhibition site, various intelligent robot products such as humanoid robots, bionic robots, and intelligent robot dogs interact with the audience on the spot. They are no longer fantasies in science fiction or movies, but play an important role in monitoring, rescue, cultural tourism and other fields. In the low-altitude economic exhibition area, a number of drones, flying vehicles, and aerospace technology companies collectively display advanced technology products. A low-altitude aircraft shaped like a helicopter brought by the German company Tensor can independently complete cargo transportation, takeoff and landing according to pre-set routes according to the instructions. Robotic arms incorporating technologies such as 5G, IoT, edge computing, rocker robotics, and artificial intelligence can shoot high-frame-rate video and support autofocus, achieving effects that cannot be achieved in traditional shooting modes. Viewers can also have more novel experiences with the help of smart technology.
The Expo also hosted three major events such as the Asia-Pacific Robotics World Cup Tianjin International Invitational, the World Intelligent Driving Challenge, and the International Intelligent Sports Conference. A number of technological achievements and innovative applications were demonstrated in the competitions. For exhibiting companies, this Expo is also an opportunity to further promote the transformation of enterprises to information technology and digitalization, and will also bring huge business opportunities.
Contact: Guo RanPhone: 008610-68332663Email: [email protected] 
Video: https://www.youtube.com/watch?v=VjjzurfN_r0 Logo:  https://mma.prnewswire.com/media/2451195/logo_Asia_Pacific_View_Logo.jpg
 

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Tech Companies Leading the Charge in the Transformative AI Era

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USA News Group Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, June 28, 2024 /PRNewswire/ — USA News Group – The world is changing rapidly thanks to artificial intelligence (AI), with what’s being called the Transformative AI era which comes with great benefits and also potential dangers. The economic impacts are global, with a new report from The Bank for International Settlements (BIS) urging central banks to adapt rapidly to AI advances. Now it’s become apparent how important it is for companies to understand how to harness the full potential of GenAI to secure strategic revenue growth in the coming years. The surge of AI’s usefulness is accelerating innovation in R&D, while behind the scenes tech companies are advancing the infrastructure required to keep this revolution going, including new developments from Avant Technologies Inc. (OTCQB: AVAI), Accenture plc (NYSE: ACN), Cloudflare, Inc. (NYSE: NET), Alphabet Inc. (NASDAQ: GOOG, GOOGL), and Amazon.com, Inc. (NASDAQ: AMZN).

Known for pioneering advancements in AI, Avant Technologies Inc. (OTCQB: AVAI) has persistently refined and expanded its premier offering, Avant AI™. This sophisticated AI platform, celebrated for its machine learning and deep learning capabilities, is the culmination of Avant’s efforts to deliver unprecedented and cost-effective compute infrastructure that unlocks the full potential of AI and ushers in a new era of technological advancement. 
“There is a real unmet need as rapid growth across the entirety of the AI and big data industries is outpacing the necessary infrastructure for an industry that demands exponential power and capacity while remaining cost effective,” said Avant’s CEO William Hisey in a recent address of progress on AI supercomputer-driven data centers. “Avant’s ‘edge-native’ approach doesn’t rely on cloud-based services so we can offer AI and big data companies many advantages over the more familiar ‘cloud-native’ approach, including, reduced latency, improved security and privacy, increased scalability, and reduced costs.”
In a recent strategic development, Avant entered into a Binding Letter of Intent (BLOI) with Flow Wave, LLC (FW), a prominent Florida-based firm specializing in immersible computer server technology. This agreement allows Avant to acquire up to 50 cutting-edge immersible computer servers from FW, in a transaction valued at $50 million.
“By integrating proprietary machine learning algorithms with open-source innovations into these servers, Avant is developing a highly intelligent system designed to optimize resource allocation, enhance performance, and drive unprecedented levels of efficiency and automation,” said Hisey.  “This marks the beginning of a new era for Avant Technologies, positioning us at the forefront of the supercomputer-driven data center industry and setting new standards for managing and storing AI applications.”
Flow Wave Immersible AI Supercomputer Servers are engineered for demanding AI and machine learning applications, delivering powerful processing capabilities that accelerate data analysis. Their cutting-edge cooling system is both energy-efficient and cost-effective, reducing environmental impact. These servers’ compact design facilitates easy installation in space-constrained data centers, and their robust construction ensures longevity and lower maintenance requirements.
In response to digital era challenges, Avant intends to acquire up to 50 of these high-performance servers. Their superior cooling technology boosts performance while conserving energy, aligning with Avant’s goal of providing top-tier AI infrastructure and maximizing efficiency. Additional details about the acquisition will be shared once the final agreement is secured.
In Q3 2024, Accenture plc (NYSE: ACN) brought in over $900 million in new Generative AI bookings, for a total of $2 billion fiscal year-to-date. Despite missing its overall earnings targets, the market responded by sending its shares upward.
“We achieved strong new bookings of over $21 billion, up 22% over last year, and continued to accelerate our strategy to be the reinvention partner of choice, with another 23 clients with quarterly bookings of over $100 million, bringing the total of such bookings to 92 year-to-date,” said Julie Sweet, Chair and CEO of Accenture. “We also achieved two significant milestones this quarter — with $2 billion in Generative AI sales year-to-date and $500 million in revenue year-to-date — which demonstrate our early lead in this critical technology.”
Back in May, Accenture took steps to help its clients to scale their Generative AI responsibly.
“Clients are eager to embrace the potential of generative AI, and we are ready to help them build responsible AI into every use,” said Sweet. “We do this for ourselves, and we can use that example to help our clients find success faster. Our focus is to enable our clients to innovate AI safely and be ready to seize the opportunities that AI will bring in the decades ahead.”
Recently, the cloud-based security solution provider Cloudflare, Inc. (NYSE: NET) unveiled the general availability of its AI Gateway platform. Marketed as a comprehensive interface for managing and scaling generative AI workloads, the platform has transitioned from its beta phase, which started in September 2023, to full client use after successfully handling over 500 million requests.
This launch coincides with Cloudflare’s announcement of a partnership with Hugging Face, a leading platform for AI developers. The collaboration offers a one-click global deployment for AI applications via the Workers AI platform, now also generally available. As the first serverless inference partner integrated on the Hugging Face Hub, this allows developers to deploy AI models quickly, easily, and cost-effectively on a global scale, without the need for managing infrastructure or paying for unused compute capacity.
“Workers AI is one of the most affordable and accessible solutions to run inference,” said Matthew Prince, CEO and co-founder, Cloudflare. “With Hugging Face and Cloudflare both deeply aligned in our efforts to democratize AI in a simple, affordable way, we’re giving developers the freedom and agility to choose a model and scale their AI apps from zero to global in an instant.”
In the education space, Alphabet Inc. (NASDAQ: GOOG, GOOGL) through Google, is bringing new AI tools to Google Workspace for teen students using their school accounts to help them learn responsibly and confidently in an AI-first future, and empowering educators with new tools to help create great learning experiences.
“In the coming months, we’re making Gemini available to teen students that meet our minimum age requirements while using their Google Workspace for Education accounts in English in over 100 countries around the world, free of charge for all education institutions,” said Google in a blog post. “To ensure schools are always in control, Gemini will be off by default for teens until admins choose to turn it on as an Additional Service in the Admin console.”
Google has also developed a number of resources and trainings to help students, parents and educators use generative AI tools responsibly and effectively, including a video on how teens can responsibly use AI while learning.
After recently hitting a $2-trillion valuation, Amazon.com, Inc. (NASDAQ: AMZN) continues to be a big player in the AI space. Now it’s reportedly working on its own AI chatbot that some say might be smarter than ChatGPT, named Metis, which will generate answers by grabbing info from the internet.
Metis is driven by an internal Amazon AI model known as Olympus, drawing inspiration from Greek mythology. According to sources, Olympus is a more advanced version of Amazon’s publicly available Titan model.
Amazon’s CEO Andy Jassy has noted that nearly every division within the company is engaged in some form of AI project. As a pioneer in cloud computing, Amazon has been developing machine learning, a subset of AI, for many years. Jassy recently announced that Amazon’s AI initiatives are projected to generate over $1 billion in annual revenue, with expectations of driving “tens of billions of dollars” in sales in the coming years.
However, Amazon has lagged in the realm of consumer AI assistants. An internal document from last year highlighted that Amazon “does not have a publicly or internally available product that looks and works exactly like ChatGPT.”
According to a source reported by Business Insider, the tentative launch date for Metis is September, right around the time when Amazon is set to host a big Alexa event, although the timeline could still change.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
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 Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., 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 Avant Technologies Inc. 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 Avant Technologies Inc. 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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Learning Pool Recognized with Two Industry Awards for Innovation and Product Excellence

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Enterprise platform recognized by eLearning Industry and the Stevie American Business Awards for AI-powered skills development, automation, and analytics capabilities.
NEW YORK and DERRY, Northern Ireland, June 28, 2024 /PRNewswire/ — Learning Pool, the leading learning technology company, today announced its recognition as a ‘Top AI Tool for Training and Education’ by eLearning Industry. Learning Pool was recognized for its personalized learning experiences at scale. The company was also awarded a Silver Stevie® in the ‘Achievement in Product Innovation’ category by the Stevie American Business Awards for its AI Conversations tool that allows learners to practice workplace conversations with an AI-powered character. With real-time insights into each learner’s identity, existing knowledge, and learning requirements, businesses can take a more wholistic approach to workplace training with Learning Pool’s platform.

According to the World Economic Forum (WEF), over half of the global workforce will need to upskill or reskill by 2025 to meet the demands of new responsibilities brought about by automation and emerging technologies. Workplace learning is a critical business function that develops and sharpens employee skills, enabling them to reach productivity more quickly, maximize performance in their current roles, and prepare for future skill requirements. Dynamic learning platforms can help organizations achieve their goals more rapidly, adapting as business priorities shift to meet ever-changing market demands.
Be it for compliance, onboarding, upskilling, or the entire business, Learning Pool’s enterprise portfolio delivers smarter learning experiences. Backed by intelligent data, Learning Pool’s platform automatically draws insights on individual performance and optimizes learning accordingly. eLearning Industry recognized Learning Pool for its:  
AI-Powered Skills Development: The AI-powered Skills Builder adopts a skills-first training approach, effectively bridging the gap between employees’ current capabilities and their target achievements. The platform offers a comprehensive view of how skill levels align with organizational objectives, enabling personalized and targeted learning programs at scale.Powerful Automation: Advanced automation capabilities enhance learner engagement by delivering timely and relevant communications based on predefined organizational conditions. This includes sharing tailored recommendations for the practical application of skills and sending reminders to learners to revisit training materials.Advanced Analytics: Real-time, actionable insights are provided through advanced analytics, optimizing learning content. By analyzing real-world learner interactions and identifying trends, patterns, and anomalies in training data, the platform expedites resolutions and improves learning outcomes.Learning Pool was recognized by The American Business Awards for its product innovation for AI Conversations:
AI Conversations: The GenAI offering allows employees to practice challenging workplace conversations with an AI-generated character. The tool leverages OpenAI’s GPT4 to provide users with convincing, conversational responses, with detailed, personalized feedback helping them improve communication and management skills. The ability to speak the responses heightens the feeling of engaging in a real difficult conversation meaning when the summative feedback is presented, learners can focus on areas of improvement.”It’s more critical than ever that organizations have the tools and resources to swiftly close the skills gap and enhance workforce readiness,” said Ben Betts, CEO, Learning Pool. “These recognitions underscore our commitment to delivering a cutting-edge platform that not only addresses immediate learning needs but also strategically prepares employees for future demands, ensuring organizations can execute their business strategies with precision and efficiency.”
To learn more about Learning Pool’s platform, click here.
About Learning Pool
Learning Pool is a learning technology company that optimizes employee performance with intelligent, data-driven experiences. Through its enterprise portfolio, Learning Pool has crafted learning journeys for thousands of organizations and their business units worldwide, enabling smarter compliance, onboarding, and upskilling. The company’s dedication to creating business impact and constantly innovating is the reason customers like Valvoline, Villeroy & Boch, and Royal Caribbean Group, choose Learning Pool to enhance the efficiency and productivity of their workforce. Founded in 2006 and headquartered in Derry, with offices in North America, Learning Pool employs 450 people worldwide. For more information, visit Learning Pool, X, and LinkedIn.

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