USA News Group News CommentaryIssued on behalf of Scope AI Corp.
VANCOUVER, BC, May 30, 2024 /PRNewswire/ — USA News Group News Commentary – The use of artificial intelligence is on the rise, with the advertising and marketing sector gaining some of the most benefits. Analysts are already projecting major gains, with Statista projecting advertising spending enabled by AI amounted to a respectable $370 billion in 2022, but will rise significantly to $1.3 trillion by 2032. According to analysts at McKinsey & Company who are projecting generative AI (gen AI) could add $4.4 trillion annually to the global economy. Several tech companies have recently enhanced the integration of AI in marketing, offering swift, secure, and cost-effective solutions for businesses to adopt AI technology in advertising over the past week, including: Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Meta Platforms, Inc. (NASDAQ: META), Veritone, Inc. (NASDAQ: VERI), Alphabet Inc. (NASDAQ: GOOG, GOOGL), and Adobe Inc. (NASDAQ: ADBE).

The article continued: Seeing the extraordinary speed of AI’s advancements and impacts, combined with surging private- and public-sector demand, is causing regulators in the USA and EU to issue legislation calling for action. Now analysts are trying to determine whether the GenAI boom is setting up to be another bubble, or a legitimate long-term investment opportunity.
SCOPE AI ENGAGES WITH AD AGENCIES AND NETWORKS TO OPTIMIZE GEM PLATFORM
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope” or the “Company”) today announced its collaboration with several leading ad agencies and ad networks. This initiative aims to gain insights into the primary challenges these organizations face in analyzing the efficacy of different ad creatives and page layouts, as well as the difficulties and costs associated with testing.
These friendly collaborations are part of Scope AI’s commitment to ensuring that the functionality and features of its GEM (General Enterprise Machine Learning) platform are the best market-product fit. By engaging directly with industry professionals, Scope AI is gathering critical feedback to refine and enhance GEM’s capabilities, making it a more valuable tool for advertisers, brands, agencies, and Adtech service providers.
GEM, Scope AI’s flagship product, is designed to revolutionize the advertising technology sector through advanced AI-driven visual recognition and neural network technology. The platform will enable users to streamline processes, maximize return on ad spend, and analyze user behavior through custom neural networks without the need for expensive and risky live campaign testing.
“Our approach is to start with the pain points of our potential users and build solutions based on those insights,” said James Young, CEO of Scope AI Corp. “We believe in understanding the real-world challenges faced by our partners, rather than falling into the common software trap of ‘build it and they will come.’ This collaboration ensures that GEM is not just another tool, but a solution that addresses the specific needs of the advertising community.”
Scope AI’s commitment to innovation and user-centric development is further evidenced by its expanding development team, which is focused on incorporating feedback from these collaborations into the GEM platform. By doing so, Scope AI aims to deliver cutting-edge AI solutions that drive growth, productivity, and campaign performance in the advertising technology sector.
CONTINUED… Read this and more news for Scope AI at:  https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
In other industry developments and happenings in the market this week include:
Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp, recently said it had found “likely AI-generated” content used deceptively on its Facebook and Instagram platforms. In its latest quarterly security report, the social media company reported that certain accounts were masquerading as Jewish students, African Americans, and other concerned groups, targeting audiences primarily in the United States and Canada. These activities were linked to STOIC, a political marketing firm based in Tel Aviv.
“With the issues with AI, we’re concerned with Meta’s inability to evaluate, particularly advertising and paid content related to the elections,” said Christina O’Connell, manager of shareholder engagement at Ekō, a corporate accountability organization representing Meta’s retail shareholders. 
In a statement, Meta said its commitment to responsible AI principles, board oversight, efforts to tackle misinformation and disinformation, and the creation of watermarking tools enhance transparency regarding the impact of its products.
“AI tools help us identify and remove content that violates our policies, in some cases even before users report it to us,” said Meta in the statement. “We have also built one of the largest independent fact-checking networks of any platform, with more than 90 partners around the world to review and rate viral misinformation in more than 60 languages.”
Veritone, Inc. (NASDAQ: VERI), a designer of human-centered AI solutions serving customers in talent acquisition, was recently tapped by talent agency Creative Artists Agency (CAA) as a tech partner to build and operate an early-stage database housing replicas of its clients’ digital likenesses. Dubbed ‘The CAA Vault’, the in-house service was launched in September 2023 to scan, capture, and securely store clients’ digital likenesses (face and body) and voice, with the intent to give talent ownership, control and permission over their digital identities to address issues of consent, credit, and compensation related to AI usage.
CAA and Veritone are boasting that their collaboration is an example of “the power of ethical AI” that showcases the “importance of fostering responsible practices within the entertainment industry.”
“Ethics-led and talent-friendly applications of emerging technologies, like AI, are a top priority for CAA, driving us to innovate new ways to support and protect artists,” said Alexandra Shannon, head of strategic development at CAA. “The launch of The CAA Vault is one such innovation. By partnering with a trusted organization like Veritone, we can maintain the security of the artist’s assets, while working to ensure that AI is responsibly integrated into opportunities across the entertainment landscape.”
As per the deal, CAA is accessing Veritone’s Digital Media Hub technology to store the intellectual property for participating talent, with Veritone ingesting, organizing and storing the digital assets and all associated metadata, like synthetic counterparts, including digital scans and voice recordings.
Alphabet Inc. (NASDAQ: GOOG, GOOGL), parent company to Google and YouTube, recently stated a press roundtable ahead of Google’s Marketing Live event, that advertisers will get prominent placement for the platforms’ generative AI search features. AI Overviews will incorporate ads above, below, and within AI-generated search results, according to Rachel Melgaard, Google’s Director of Global Search.
“We’ve been testing this for a while now and we’ve actually found that people find these ads really helpful and advertisers can find these ads effective,” said Melgaard. With these updates, Google bolstered its already massive search advertisement business improving its generative-AI powered search results, and building up on the more than $46 billion in revenue the company made last quarter.
This followed upon when Google introduced a suite of ad products powered by generative AI, tools that could produce instant copy and images, in mid-2023.
Adobe Inc. (NASDAQ: ADBE), a global leader in digital media and marketing solutions, recently announced the new Adobe Express for Enterprise, built to empower businesses to accelerate marketing content creation and extend easy, on-brand content production to communications, sales and other business users.
“With the exponential growth in demand for personalized experiences, companies must find new ways to supercharge the production of content that connects with customers and elevates their brands,” said Govind Balakrishnan, senior vice president, Adobe Express Product Group and Creative Cloud Services at Adobe. “Adobe Express for Enterprise is the only solution that brings together enterprise-grade brand management, intuitive tools, advanced AI designed to be safe for business and seamless workflows with world-class creative apps – empowering individuals across the enterprise to produce more impactful, on-brand content faster than ever before.”
Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/ 
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BOULDER, Colo., May 30, 2024 /PRNewswire/ — As the risks posed by climate change increase, the lack of comprehensive water data and gaps in coastal monitoring infrastructure pose significant challenges to people and assets across the globe. Only 0.07% of the world’s coasts are monitored, according to NOAA (National Oceanic and Atmospheric Association), and outdated methods result in inaccurate forecasts for local conditions. This compromises the accuracy of predictive models and leaves vulnerable communities without the necessary information to make informed decisions. Addressing the issue demands densifying the coastline with more tidal monitoring sensors and continuously capturing real-time data to ensure effective risk mitigation and sustainable planning through environmental uncertainties and evolving climate patterns.

Divirod is announcing its Global Coastal Observation Network in response to this urgent need. This initiative aims to establish partnerships with hospitality groups worldwide that have access to prime coastal real estate. Climate change significantly affects coastal tourism by creating unpredictable weather patterns, increased storm activity, and rising sea levels, often resulting in property damage, disrupted operations, and endangering staff and guests. By participating in this initiative, hospitality groups will gain access to invaluable water data that will not only help them understand the environmental conditions of their locations more comprehensively but also play a vital role in addressing the significant global gaps in coastal water data.
Due to the vast number of coastal hotel properties across the globe, the integration of sensing technology at these locations is pivotal to combating water data scarcity. “The initiation of the Global Coastal Observation Network marks a significant milestone in our mission to revolutionize water data collection. By mobilizing hospitality groups to host Divirod sensors at their locations, we’re creating a network that delivers actionable insights, enhances safety, and fosters sustainability. Together, we’re shaping a future where data-driven solutions drive positive change for our oceans, coastlines, and the communities they support,” says Ava Jordan, Program Administrator and Executive Assistant to the CEO.
The benefits of this program for the hospitality groups are immeasurable. In the occurrence of a high-water event, such as king tide, storm surge, or flood, these sensors will provide real-time data and actionable insights, prompting resiliency plans to be enacted to mitigate damage, and ensure staff, and guest safety. Furthermore, this data is extremely useful for insurers protecting these properties. Traditionally, insurance claims for flood damage rely heavily on post-event assessments and subjective reports. However, with the accurate, localized data provided by Divirod, insurers would gain access to objective, immediate information to assist them in their damage assessment, expediting the claims process and minimizing potential rate increases and disputes.
Incorporating data insights from Divirod’s units not only enhances the hotel or hospitality groups’ internal sustainability programs, but also serves as a powerful marketing tool. Through this initiative, hoteliers can transparently showcase their environmental commitment, sharing their data with guests through QR codes, signage, or digital displays in public areas. Additionally, they can provide access to reports on Environmental, Social, and Governance (ESG) initiatives, and reinforce their brand as a sustainable hospitality leader. Utilizing Divirod data as a benchmark for sea level rise preparedness further strengthens the hotel’s credibility and resilience in the face of climate-related challenges, all without incurring additional costs.
To join the network, or learn more about the initiative contact [email protected]
About DivirodDivirod’s mission is to build the most comprehensive local, national, and global environmental water-data network ever established. The company utilizes cutting-edge technology to rapidly deploy and measure all forms of water with accurate precision, addressing critical geographical data gaps and augmenting existing, but outdated, sparse, and disparate environmental water-monitoring systems. In the short term, the Divirod network fills data gaps, enabling localized and real-time “speed to knowledge/action” for more-informed emergency responses to protect against impending water risks that threaten properties, economies, and human lives. Over time, the increase in captured data, through the Divirod global network coverage, enhances smarter water-risk decisions and guides critical resiliency initiatives to greatly minimize future water risks. For more information on Divirod and to become part of the network, please visit https://www.divirod.com/ or contact [email protected]. Connect with Divirod on LinkedIn, Twitter, Facebook, and Instagram.
Contact Information:Divirod, Inc.Tamara HesseDirector of Marketing(404) [email protected]
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PONTELAND, England, May 30, 2024 /PRNewswire/ — Bitcoin Alora AI, a leader in trading technology, is revolutionizing the trading landscape with its state-of-the-art AI-driven platform. The newly launched BTC Alora 2.0 offers continuous trading, minimized risk, and bespoke strategies, setting a new standard for traders aiming for market success.

Bitcoin Alora AI provides traders with round-the-clock AI-driven trading capabilities, ensuring they never miss a market opportunity. The platform’s sophisticated AI analyzes real-time market data, enabling informed decisions and significantly reducing the uncertainties traditionally associated with trading.
“Our mission at Bit Alora XP is to provide a pioneering, data-driven trading solution,” says a spokesperson for Bitcoin Alora AI. “We are confident that our AI-enhanced platform will substantially improve trading outcomes by mitigating risk and refining strategic decision-making.”
Bitcoin Alora AI delivers comprehensive support and cutting-edge technology, equipping traders with the insights and tools needed for success. The AI customizes strategies to match each trader’s unique style and goals, enhancing overall performance.
Beyond its innovative technology, BTC Alora 2.0 emphasizes user security and efficiency. The platform leverages advanced AI to minimize risk exposure, optimizing strategies to identify more profitable opportunities. This strategic application of AI ensures traders can maximize returns while maintaining a lower risk profile.
BTC Alora 2.0 also offers seamless access to in-depth analysis and real-time market data, empowering traders to make well-informed decisions. This focus on data-driven trading distinguishes Bit Alora XP as a leader in the industry.
Operating with a commitment to transparency and user satisfaction, Bitcoin Alora AI ensures all transactions are secure and efficient. The platform’s dedication to excellence assures traders of reliable and superior service.
With its groundbreaking features and unwavering dedication to enhancing the trading experience, Bitcoin Alora AI is poised to lead the trading industry. By continually offering top-tier services and emphasizing strategic, data-driven trading, BTC Alora 2.0 is redefining possibilities for traders globally.
For more information about Bitcoin Alora AI and its offerings, please visit bitcoinalora.com.
Press Contact:Email: [email protected]: +447788655602
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