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Artificial Intelligence

Parks Associates: More than 50% Of Households Now Combine a Big 3 Service With At Least One Other Subscription OTT Service

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Consumer data from Parks Associates reveals 54% of US broadband households now combine one of the Big 3, Netflix, Amazon, and Hulu, with at least one other subscription OTT service. In partnership with Brightcove, Parks Associates is presenting its latest consumer research during the industry webinar “OTT Customer Acquisition: Opportunities and Challenges” tomorrow, September 141 pm CT US (2:00 pm ET).

Currently, 82% of US broadband households subscribe to an OTT service, and OTT service stacking has grown exponentially as new services such as Paramount+ emerge with low price points. As cord cutters migrate away from traditional pay TV, they seek service offerings that more closely meet their video content needs, with the added value of lower cost and flexible use cases. Parks Associates research notes cord cutters used to spend $117 per month on pay-TV services and are now paying $85 per month for OTT services.

The webinar explores engagement strategies for companies to differentiate themselves from the competition and ensure successful delivery of services, providing the most optimal experience.

“It’s a crowded market, and households continue to diversify their subscriptions,” said Elizabeth Parks, President, Parks Associates. “Delivering relevant content with excellent personalized experiences is a key focal point to stay competitive.”

In this webinar, industry experts address the changing dynamics in the OTT marketplace, including the best strategies to identify, acquire, and engage their customers and increase market share. Webinar speakers:

“To me, customers are stating no one service can be everything to everyone,” said Michael Ribero, Chief Subscription Officer, The Washington Post. “I think this helps services with a clear identity while others will need to clarify how they fit into the customer’s bundle. And I believe this has downstream ramifications especially for discovering new shows and content.”

Register at www.parksassociates.com/ott-acquisition-2021. To request data or an interview, contact Rosey Ulpino at [email protected], 972.996.0233.

Artificial Intelligence

Embracing the AI Era: IMF Highlights Massive Potential for Global Workforce AI Innovation

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USA News Group CommentaryIssued on behalf of Scope AI Corp.
VANCOUVER, BC, May 16, 2024 /PRNewswire/ — USA News Group – According to International Monetary Fund (IMF) Managing Director Kristalina Geogieva, the emergence of artificial intelligence (AI) is hitting the global labor force “like a tsunami”. Her comments came at an event in Zurich this week, organized by the Swiss Institute of International Studies, where she stated AI is likely to impact 60% of jobs in advanced economies, and 40% of jobs around the world. The remarks came shortly after the release of a new report from and LinkedIn, which not only stated that use of AI has nearly doubled in just 6 months, but also that 75% of global knowledge workers are now using AI tools in their day-to-day work. The advantages of AI for both workplaces and businesses are rapidly multiplying, thanks to recent strides made by developers, including from Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Oracle Corporation (NYSE: ORCL), SAP SE (NYSE: SAP), Apple Inc. (NASDAQ: AAPL), and Alphabet Inc. (NASDAQ: GOOG, GOOGL).

Amidst the rapid advancements of deep machine learning technology across various sectors, Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has undergone a transformation in its branding and market focus. The company now directs its proprietary technology, GEM (General Enterprise Machine Learning), towards industries such as advertising, gaming, and neural networks. With this innovative platform, businesses can develop their own object detection and visual information systems, harnessing the full capabilities of neural networks. These proposed strategic moves by Scope AI are reshaping how companies approach advertising customization, gaming enhancement, and the utilization of neural networks in a multitude of applications.
In a recent update, Scope AI unveiled upgrades to its GEM platform, aimed at providing enhanced services to advertising agencies and the gaming sector. These improvements empower GEM to fine-tune advertising content and enrich gameplay experiences through advanced neural network functionalities. Furthermore, the updates strengthen the platform’s object visual recognition, empowering businesses to glean deeper insights and deploy more precise solutions. With these augmented object detection and visual information systems, advertisers gain improved capabilities to analyze consumer behavior and refine campaigns, while game developers can craft more immersive and captivating user interactions.
“We’re very pleased at how seamless we were able to streamline, enhance, and strengthen our platform with the latest performance and security upgrades made to our infrastructure,” said Sean Prescott, Founder and Non-Executive Chairman of Scope. “The next generation of our platform will set us apart in what kind of data and its sensitivity we can process and store. It’s a potential game-changer for the industry.”
GEM boasts a user-friendly web interface, empowering developers, meticulous users, entrepreneurs, and large enterprises to effortlessly establish advanced object detection systems or craft ground-breaking, real-time neural network models.
Scope AI is confident that the recent upgrades to their GEM platform will deliver substantial benefits to the advertising and gaming sectors, ushering in novel capabilities and profound insights. With a focus on advertising, Scope emphasizes GEM’s visual recognition technology, facilitating the creation of highly targeted and captivating advertisements. This functionality optimizes ad spend efficiency and elevates customer engagement to unprecedented heights.
In the realm of gaming, Scope envisions its GEM platform as a transformative force, enriching player experiences by tailoring gameplay and recommendations through neural network analyses of player behavior. This cutting-edge technology empowers developers with invaluable insights to refine game design, enhance player retention rates, and unlock untapped revenue streams.
Not sitting back in the AI race, Oracle Corporation (NYSE: ORCL) recently announced it will expand its research and development (R&D) capabilities in the country of Morocco, by growing its local workforce to 1,000 information technology (IT) professionals. The tech giant quickly followed up the announcement, by being named as a Leader in the 2024 Gartner Magic QuadrantTM for Warehouse Management Systems, for the ninth year in a row. 
“Fast-changing market conditions and increasing customer demand puts added pressure on organizations’ warehouse, inventory, and fulfillment processes,” said Srini Rajagopal, vice president of logistics product strategy, Oracle. “We believe our position as a Leader in this report is an acknowledgement of our robust product capabilities, investment in innovation, and most importantly the success of our customers.”
Looking to drive further growth and competitive advantage in its sector, and to ensure the sustainability of its products for the future, Charoen Pokphand Foods (CP Foods) recently selected SAP SE (NYSE: SAP) to provide multiple solutions. Among these, CP Foods will be employing SAP’s RISE with SAP, SAP Sustainability Footprint Management, and SAP Sustainability Control Tower Solutions.
CP Foods serves more than 4 billion people globally, and is a leading integrated agro-indsutrial and food business that is one of the world’s largest producers of feed, shrimp, poultry, and pork, with operations in 17 countries and exports to more than 50 countries. The move with SAP reflects CP Foods’ goal of becoming the “Sustainable Kitchen of the World”, and to realize its Net Zero goals by 2050.
“Sustainability is a huge opportunity for businesses across Asia,” said Paul Marriott, President of SAP Asia Pacific & Japan. “Using RISE with SAP and our sustainability solutions, CP Foods is getting ahead of forthcoming emissions regulation and future-proofing its business by using data to make more sustainable decisions. It can use those insights to drive more operational efficiencies, optimize supply chains, and differentiate its business against competitors.”
Having been accused of lagging in the AI race, Apple Inc. (NASDAQ: AAPL) has been making several strides as of late, including taking music-making to the next level with its all-new Logic Pro for iPad and Logic Pro for Mac 11 offering, delivering breakthrough professional experiences for songwriting, beat-making, producing, and mixing.
The new Logic Pro comes powered by AI, introducing incredible studio assistant features that augment the music-making process and provide artists help right when they need it.
“Logic Pro gives creatives everything they need to write, produce, and mix a great song, and our latest features take that creativity to a whole new level,” said Brent Chiu-Watson, Apple’s senior director of Apps Worldwide Product Marketing. “Logic Pro’s new AI-backed updates, combined with the unparalleled performance of iPad, Mac, and M-series Apple silicon, provide creative pros with the best music creation experience in the industry.”
Google’s parent company Alphabet Inc. (NASDAQ: GOOG, GOOGL) recently showed off its astonishing vision for how AI will work with its popular Gmail and Photos platforms. During a keynote speech at its annual Google I/O developer conference, Google CEO Sundar Pichai kicked off the event highlighting various new features powered by its latest AI model Gemini 1.5 Pro. One of the new features, called Ask Photos, allows users to search photos for deeper insights, such as asking when your daughter learned to swim or recall what your license plate number is, just by looking through saved photos.
As well, Google unveiled perhaps the most intriguing offering, dubbed Project Astra. It’s what the company is calling an “advanced seeing and talking responsive agent”, and what some are calling an amped-up version of Google Lens. Google is making all kinds of moves in AI that has the market buzzing, even redesigning its own market-leading search engine, using AI all the way down the line.
“What we see with generative AI is that Google can do more of the searching for you,” says Liz Reid, Google’s newly installed head of Search. “It can take a bunch of the hard work out of searching, so you can focus on the parts you want to do to get things done, or on the parts of exploring that you find exciting.”
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.

View original content:https://www.prnewswire.co.uk/news-releases/embracing-the-ai-era-imf-highlights-massive-potential-for-global-workforce-ai-innovation-302147975.html

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Artificial Intelligence

Christopher Nolan, Laurie Anderson, Sylvia Earle and David Attenborough winners of the Stephen Hawking Medal for Science Communication

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BRATISLAVA, Slovakia, May 16, 2024 /PRNewswire/ — The STARMUS Festival announced the winners of the Stephen Hawking Medal for Science Communication recognizing individuals for their exceptional contributions to science communication. The award ceremony along with the Sonic Universe Concert headlined by The Offspring featuring special performances by Laurie Anderson, Tony Hadley, and other guests took and moderated by comedian and science advocate Robin Ince, with the medals presented by STARMUS co-founders Garik Israelian, PhD, and Brian May, PhD.

The medal, designed by cosmonaut Alexei Leonov, Garik Israelian and Brian May , features a portrait of Professor Hawking, an image of Alexei Leonov during the first spacewalk and the iconic guitar, the “Red Special,” symbolizing the fusion of music and science.
Christopher Nolan
Acclaimed filmmaker Christopher Nolan’s thought-provoking films, such as “Interstellar” and “Tenet,” ignited curiosity in scientific concepts. Nolan expressed his gratitude: “Thank you to STARMUS. The relationship between art and science is incredibly important, and in my work, I’ve taken pleasure in trying to communicate what I have learned about science from scientists and how truth can be stranger than fiction.”
Laurie Anderson
Pioneering artist and composer Laurie Anderson, using her unique style, makes complex scientific concepts accessible and engaging through art. Anderson emphasizes, “Receiving the Stephen Hawking Medal is an honor I hope one day to be worthy of. Many thanks to Starmus for creating this medal that celebrates both art and science- that is- that celebrated awareness itself. I’m overwhelmed by gratitude to all my teachers who taught me about art, music, the natural world, and love.”
Sylvia Earle
Renowned oceanographer and explorer Sylvia Earle has dedicated her life to understanding and protecting the oceans. Her work has significantly raised public awareness about marine conservation. Earle stated, “I am deeply honored to receive this award on behalf of the ocean and to communicate her message: No blue, no green. No ocean, no life. We must protect the ocean as if our lives depend on it, because they do.”
David Attenborough – Special Lifetime Achievement
Legendary broadcaster and natural historian Sir David Attenborough’s work has educated and inspired generations to care about our planet. Attenborough commented, “Greatly complimented to have been awarded the Stephen Hawking Medal. Effective science communication is crucial in our fight to preserve the natural world.”
Contact:
Brezo Rodríguez+34 [email protected]@starmus.com
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Behind the Scenes: Tech Giants Innovate for More Sustainable AI Data Centers

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USA News Group News CommentaryIssued on behalf of Avant Technologies Inc.
VANCOUVER, BC, May 16, 2024 /PRNewswire/ — USA News Group News Commentary – Across the globe, the artificial intelligence (AI) data center revolution is already underway and rapidly gaining momentum. Responding to the AI industry’s thirst for more data centers, private equity firms are rushing to build out the necessary infrastructure, but experts warn this thirst can’t be satisfied. The rising data center demand also comes with heavier demand on electricity and mined metals such as copper. However, while new data centers are being built everywhere, several developers are improving things behind the scenes to make them more efficient, with recent developments coming from tech companies including: Avant Technologies Inc. (OTC: AVAI), DigitalBridge Group, Inc. (NYSE: DBRG), SBA Communications Corporation (NASDAQ: SBAC), GDS Holdings Limited (NASDAQ: GDS), and Arista Networks, Inc. (NYSE: ANET).

The article continued: According to Astute Analytica, the booming Global Data Center Market is expected to hit US$792.3 billion by 2032. New estimates are projecting that American AI data centres may use as much energy as new US solar farms produce. As the demand for power continues to escalate, there’s been growing speculation about the possibility of nuclear-powered data centers emerging in the future.
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform
Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in the development of advanced AI and data center infrastructure solutions, today announced an ambitious plan to develop a cutting-edge, proprietary AI software platform to power its next-generation data centers. This advanced platform will leverage machine learning algorithms to analyze data, predict resource needs, and make real-time resource allocation decisions, ushering in a new era of intelligent and autonomous data center management.
Avant is developing an AI platform specifically designed to address the unique challenges and opportunities of data center management. The platform will be built on proprietary machine-learning algorithms developed in-house. Avant plans to assess popular open-source frameworks such as TensorFlow, PyTorch, and Keras to complement and expedite development, and ensure compatibility with various AI tools and libraries.
The suite of software tools being developed by Avant will enable comprehensive data management and automation. These tools will handle the complexities of data center operations, including data ingestion, cleaning, transformation, and storage. Through these tools, Avant aims to streamline data ingestion, maintain data quality, and enable seamless integration with the AI platform. This will help efficiently manage the vast amounts of real-time data Avant’s data center, which is currently in development, will generate.
In addition, Avant is also creating software to translate AI recommendations into actionable insights and automate the resource allocation process. This will optimize resource utilization, enhance performance, and minimize human intervention. To further enhance the platform, Avant plans to develop machine learning tools to monitor and visualize data center performance and resource utilization, which will enable proactive issue detection, predictive maintenance, and continuous optimization of future data center operations.
“Avant’s groundbreaking AI software platform represents a significant breakthrough in data center management.” said William Hisey, CEO of Avant.  “By combining proprietary machine learning algorithms with open-source innovation, Avant is building an intelligent system that will optimize resource allocation, enhance performance, and unlock new levels of efficiency and automation. This marks a new era for Avant Technologies, leading the industry to shape the future of AI-powered data centers specifically tailored to store and manage AI applications.”
CONTINUED… Read this and more news for Avant Technologies at: https://equity-insider.com/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
In other industry developments and happenings in the market this week include:
DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicating to investing in digital infrastructure, warns that data centers will run out of power in two years. Speaking at his company’s Q1 2024 earnings conference call, DigitalBridge CEO, Marc Ganzi doubled down on his previous statement made in 2022, where he said power for data centers would run out in five years. At $10 million per megawatt, the company anticipates more than $20 billion in capital expenditure in the upcoming years.
“We’re kind of running out of power in the next 18 to 24 months,” said Ganzi. “If you think about how much power remains on the US grid, we’re down to less than 7GW on the US grid, we’re probably down to less than 2.8 to 3GW in Europe.”
SBA Communications Corporation (NASDAQ: SBAC), a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells, is scheduled to have its President and CEO Brendan Cavanagh speak this coming Monday at the 52nd Annual JP Morgan Global Technology, Media and Communications Conference.
The Conference is set to kickoff shortly after the release of a new report of the African tower industry structure, examining the role of the independent tower industry in propelling the expansion of connectivity across the African continent. The report was conducted by Telecom Advisory Services as was commissioned by SBA Communications which operates in Tanzania.
“The development of the African wireless industry over the past two decades has been remarkable,” said researcher, Dr Raúl Katz. “Our research highlights the crucial role of the independent tower industry in driving this growth and underscores the need for supportive regulatory frameworks to unlock its full potential.”
GDS Holdings Limited (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China and South East Asia, has also announced it will report its Q1 2024 unaudited financial results before the open of the US market next Wednesday. With a history of outperforming analyst forecasts and beating the odds, the GDS financial reports are eagerly anticipated by the market.
The company is coming off of recently appointing its COO Jamie Khoo as the CEO of DigitalLand Holdings Limited, the holding company for GDS’s international data center assets and operations. As well, GDS is coming off of a landmark equity raise worth US$587 million for DigitalLand Holdings.
“I am delighted to announce this landmark capital raising which is a big step forward in our strategy to obtain dedicated financing for the development of our international business on a standalone basis,” said Mr. William Huang, Chairman and CEO of GDSH and Chairman of GDSI in a statement with the fundraising. “This equity issue benchmarks the significant value which we have created for our shareholders. We look forward to additional achievements by our international business, further emulating our success in China.”
Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center/AI, campus and routing environments, recently saw its earnings top estimates, leading to a new $1.2 billion stock buyback. The company’s latest strong revenues have led Arista’s CEO to declare the company as positioning itself as the “pure-play networking innovator” for the emerging AI and client-to-cloud computing paradigm.
“Amidst all the network consolidation, Arista is looking to establish ourselves as the pure-play networking innovator, for the next era, addressing at least a $60 billion TAM in data-driven client-to-cloud AI networking,” said Jayshree Ullal, CEO of Arista Networks during her company’s earnings call. During the Q1 2024 earnings call, Arista Networks reported revenue of $1.57 billion for a 16% year-over-year gain, and highlighted several key technology initiatives aimed at establishing networking architectures optimized for the unique demands of AI and cloud workloads.
Source: https://equity-insider.com/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.

View original content:https://www.prnewswire.co.uk/news-releases/behind-the-scenes-tech-giants-innovate-for-more-sustainable-ai-data-centers-302147950.html

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