Monthly Archives: June 2023

PR Newswire

State Grid Hangzhou Power Supply Unveils AI-Powered Service Team

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Virtual team will ensure stable power supply for the upcoming 19th Asian Games in Hangzhou

HANGZHOU, China, June 16, 2023 /PRNewswire/ — On June 15 at 10:27 AM, the intelligent monitor in the distribution network control hall at the power supply service command center of State Grid Hangzhou Power Supply Company ( “SGHPSC”) issued a power outage alert. The alert signaled that the Gudang Substation 10 kV Zhaori 9674 line switch had tripped. Swiftly responding to the situation, the emergency repair expert promptly identified the affected area, and directed the repair crew to the location. Within one minute, Mr. Cai, a resident in the affected area, received a text message from the company notifying him about the outage. Simultaneously, the automated distribution system isolated the fault, restoring power to surrounding areas within three minutes. Approximately 20 minutes later, the company’s emergency repair personnel arrived on-site. Notably, this was the first time where the power supplier utilized the virtual office platform, summoning digital workers to resolve a power outage. The virtual dispatcher, nicknamed Patch, granted permission for the crew to commence their work, ensuring swift resolution of the issue. Coinciding with these events, SGHPSC organized a mobilization meeting to mark the 100-day countdown to the Hangzhou Asian Games. During the meeting the company reaffirmed its commitment to do its part to assure that the classic event would take place without a hitch by ensuring a stable power supply.

In March 2022, SGHPSC set in motion a plan to implement a six-module virtual digital employee platform, including virtual dispatching, intelligent monitoring, intelligent emergency repair, virtual office, and intelligent customer service. Each module corresponds to one dedicated digital worker, among them Patch and the emergency repair expert. By seamlessly integrating these six “employees” into the power supply service command system, SGHPSC achieved a remarkable synergy between human expertise and digital capabilities.

In 2018, SGHPSC embarked on a transformative journey by incorporating AI technology into its power grid command service, embedding into the distribution network an innovative “power brain” consisting of a grid knowledge graph, a multi-round human-robot dialogue engine, and a business decision engine. The first of these digital employees, the virtual dispatcher Patch, emerged as a remarkable outcome of this technological integration. Since then, a series of new AI-based members modeled on Patch have joined the team, including an intelligent monitor, virtual commissioner, office assistant, intelligent customer service employee, and emergency repair expert.

“The virtual digital employee team has integrated data from 17 distinct production management systems while utilizing AI and robotic process automation to handle simple repetitive tasks, significantly enhancing our productivity,” explained Jiang Jian, head of SGHPSC’s power supply command center. “The six virtual employees worked together seamlessly to streamline 27 business applications across six key functions within the power supply service command center, achieving a task replacement rate of over 50%.”

In addition to automated filtering and analysis of alerts from power grid operations, the intelligent monitor, working hand-in-hand with Patch and the emergency repair expert, proactively issue abnormal notifications that trigger the incident response process. This reduces the time required for fault investigation and reporting from 5 minutes to 1 minute. Furthermore, the virtual office assistant efficiently manages 10 common application scenarios, including automated work order dispatch (customer service hotline: 95598), work order review assistance, and customer briefing generation, completing an average of 7 reports per day and showcasing its remarkable efficiency in handling these tasks.

As the Hangzhou Asian Games approach, the AI-powered service team is set to enhance its collaborative mechanism, optimizing it for real-time monitoring of distribution network equipment and swift deployment of on-site emergency repair services through the utilization of digital tools. This strategic approach ensures the team’s ability to provide a secure and stable power supply while delivering optimized and efficient power services throughout the event. With these measures in place, the AI-powered service team is fully prepared to meet the power demands and expectations of the Games, ensuring a seamless and successful event.

PR Newswire

Visionary Education Technology Holdings Group Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

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TORONTO, ON, June 16, 2023 /PRNewswire/ — Visionary Education Technology Holdings Group Inc. (the “Company”) (NASDAQ: VEDU), a private education provider headquartered in Canada, with market partners in China, today announced that the Company has received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on June 14, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq.

Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement shall be determined to exist if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common shares for the 30 consecutive business days from May 1, 2023 to June 13, 2023, the Company no longer meets the minimum bid price requirement.

The Notification Letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until December 11, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company’s common shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by December 11, 2023, the Company may be eligible for additional time to regain compliance or may face delisting.

The Company’s business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its common shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding common shares, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

About Visionary Education Technology Holdings Group Inc.

Visionary Education Technology Holdings Group Inc., headquartered in Toronto, ON, Canada, is a private education provider that offers high-quality education and industrial resources to students worldwide. The Company aims to provide access to secondary, college, undergraduate and graduate and vocational education to students in Canada. Through technological innovations, that fulfill industrial standards, more people can learn, grow and succeed, to release their full career potential. As a fully integrated provider of educational programs and services in Canada, the Company has been serving, and will continue to serve, both Canadian and international students and contributing to the industry. For more information, visit the Company’s website at https://ir.visiongroupca.com/. 

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth, ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 20-F for the year ending March 31, 2022, as amended, and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For more information, please contact:
Visionary Education Technology Holdings Group Inc.
Investor Relations Department
Email: ir@farvision.ca

PR Newswire

Taoping To Launch Cloud Nest AI System; Powerful Generative AI System Across the Cloud to Accelerate Growth

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SHENZHEN, China, June 15, 2023 /PRNewswire/ — Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), today announced the Company plans to launch Cloud Nest AI, a powerful generative AI system across the Cloud to accelerate growth. Cloud Nest AI will leverage the Company’s existing cloud-based technology and applications and integrate AI with intelligent Cloud platform technology and product capabilities. End users are empowered with smart scene terminals, that deeply integrate numerous industry-specific application scenarios across all major industries and subsegments.

Taoping’s industry specific applications for different scenarios based on the Cloud Nest AI system are expected to provide multi-dimensional empowerment for various industries from multiple perspectives, such as content generation, human-computer interaction, visual perception, and cognitive decision-making. In the field of advertising media, Taoping’s cloud platform allows advertisers to provide creative content, such as graphics, videos, and texts for specific promotional strategies, while artificial intelligence can then effectively develop mixed-media promotions.

Taoping will also integrate the new generative AI system into its other smart solutions to better help customers harness the latest technology development to achieve a higher return on investment, lower cost of ownership, an improved overall customer experience. This includes the Company’s intelligent cleaning robots, which are pushing industry-leading performance in terms of unmanned driving, intelligent decision-making, and human-machine collaboration to solve complex urban outdoor and indoor scenarios. Another example is in the field of ecological environmental protection, where the Company’s off-grid sewage treatment equipment adopts microbial control technology and intelligent monitoring system to accurately implement sewage treatment from the source of sewage generation, which is highly efficient, energy-saving and environmentally friendly.

Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: “The Cloud Nest AI generative AI system will be another important milestone based on the strategic upgrade of Taoping’s Cloud-based technology and applications. We have been investing in and actively deploying a series of exciting new products to help our customers better embrace superior new technologies and systems, which in return will accelerate our revenue growth. We look forward to continuing to open new commercial and industrial opportunities for our Cloud Nest generative AI system, and will keep the market updated on our progress.”

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and TAOP undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

Source: Taoping Inc.

Accessories, Consumer Electronics, Lifestyle, News

The Acerpure Aqua WP1 Launches in Malaysia for MYR 3,599 – Nope, That’s It, It’s Plug and Play 

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Water purifiers are a necessity at home these days. In fact, water dispenser units with water purifying feature is quite indespensable in a modern home today. While regular water filters does the job well enough, the tap water you get through the pipes in Malaysia still contains contaminants that might be harmful to your bodies. Water dispenser units with water purifying features are an investment though. It is not just the water purifier unit you are getting, you are also getting piping work done for it, you are also buying into maintaining the water dispenser unit. In short, there might be other headaches in getting a water dispenser unit than the unit itself. 

The Acerpure Aqua WP1 is not like any other water dispenser unit. It is pretty much a plug-and-play solution for water dispensing purposes. You can even call it portable if you really want.  

The only thing the Acerpure Aqua WP1 needs is a power source, not a piping work. While you technically can get piping work done with the Acerpure Aqua WP1, the water dispenser comes with an 8.7-litre water tank that can be filled with any sort of liquid, at least according to Acer. In that case too, your Acerpure Aqua WP1 can be installed anywhere in your house or office as long as there is a power socket. In case the 8.7-litre tank gets empty, there is also a 3-litre tank internally that holds purified hydrogen water. Unlike other water dispensers as well, the Acerpure Aqua WP1 does continuously consumer electricity to keep a constant water temperature.  

The Acerpure water purifier packs a 3-step RO filtration system that filters out unwanted substances from liquids in the tank to ensure that you are getting the healthiest and cleanest consumable water possible. The SGS Water Quality Test certified water purifier has been proven to remove substances as small as 0.0001um such as bacteria, virus, and residual chlorine. The dispenser also features a real-time TDS (Total Dissolved Solids) water quality monitor. There is also a smart wash button that automatically flushes and cleans the water when the TDS level rises.  

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The Acerpure Aqua WP1 is also designed with easy maintenance in mind. The intuitive display offers status monitoring for its PCF, RO, and GAC filters. The machine will notify you when the filters needs replacing. Thanks to its design, replacing the filters can be done by users, as long as you have spare filters. Filters can be purchased from Acer’s eStore, Acerpure official stores, authorised dealers and Acer Flagship online store on Shopee. 

The Acerpure Aqua WP1 will set you back MYR 3,599 and you can get your hands on one from any of the options mentioned above. It only comes in white colour though, so if you have black kitchen, it might stand out a bit. If you do purchase your Aqua WP1 before the 14th of August 2023, you are entitled to an extended 5-year warranty, an Acerpure Cool C1 air purifier, and an Acerpure Premium. More on the Acerpure Aqua WP1 can be found on their website.  

PR Newswire

Tencent Cloud Recognized by Gartner® in 2023 Magic Quadrant™ for Cloud AI Developer Services for Fourth Consecutive Year

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HONG KONG, June 15, 2023 /PRNewswire/ — Gartner Inc has published its 2023 Magic Quadrant for Cloud AI Developer Services, where Tencent Cloud has been recognized in this Magic Quadrant for four consecutive years.

The report evaluated cloud AI developer services (CAIDS) providers worldwide based on Ability to Execute and Completeness of Vision. Gartner also published Critical Capabilities for Cloud AI Developer Services as an essential companion to the report. In the Critical Capabilities report, there are three major AI use cases (capabilities): three major AI capabilities – Vision, Language, and Automated Machine Learning (AutoML). The evaluation criteria in Magic Quadrant for Cloud AI Developer Services include the providers’ Ability to Execute (Product or Service, Overall Viability, Sales Execution/Pricing, Market Responsiveness/Record, Market Execution, Customer Experience, and Operations) and Completeness of Vision (Market Understanding, Marketing Strategy, Sales Strategy, Offering (Product) Strategy, Business Model, Vertical/Industry Strategy, Innovation, and Geographic Strategy).

We believe Tencent Cloud’s comprehensive product and service offerings with strong technical experience and capabilities across multiple domains, have solidified its position as one of the key players of cloud AI developer services in the worldwide market. Furthermore, Tencent Cloud tied for second place for Vision Use Case, based on the score given by Gartner in their related Critical Capabilities for Cloud AI Developer Services report.

Besides, the company has built one of the most extensive partner ecosystems in the CAIDS market, providing developers and partners with a professional ecological environment. Tencent Cloud has also built a complete and easy-to-use product portfolio, including databases, audio and video, big data, artificial intelligence, and cloud-native, which has been recognized by millions of developers. Tencent YouTu Lab’s algorithm research results in the field of computer vision have set world records in international authoritative competitions, with over 1,600 AI-related patents and over 800 first tier academic papers.

Moving forward, Tencent Cloud continues to focus on improving service quality. It has created a low-cost, low-threshold, high-availability AI solution with a four-level acceleration matrix, accelerating the application of AI technology and providing over 300 standardized AI open capabilities and over 80 AI industry solutions, achieving full-chain acceleration landing of computing power, AI development, and applications.

Gartner: Magic Quadrant for Cloud AI Developer Services, Jim Scheibmeir et al., 22 May 2023
Gartner: Critical Capabilities for Cloud AI Developer Services, Arun Batchu et al., 22 May 2023
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
PR Newswire

AvaTouch Launches Revolutionary Generative Video Bot Meeting System to Enhance Remote Work Efficiency

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TOKYO, June 15, 2023 /PRNewswire/ — Tokyo-based AvaTouch, Inc. has announced the release of AvaTouch, a generative video bot meeting system designed to revolutionize remote work. AvaTouch is an AI system that uses natural language processing and machine learning to facilitate one-on-one meetings between individuals and an AI bot. With AvaTouch, users can save time and resources by automating tasks such as meeting minutes, creating summaries, and translating and interpreting languages.

The system is designed to cut the time spent on remote management, human resource development, and customer development by 50%, making it a valuable tool for any remote worker, and transforms interactions into searchable digital assets, making it easy to access and reference information later on. Additionally, meeting minutes can be translated into nine languages (Chinese, Spanish, Portuguese, Russian, Japanese, German, French, Italian, and Dutch), and offers audio interpretation, enabling team member of diverse backgrounds to communicate effectively, without any language barriers.

AvaTouch is a game-changer for remote work, offering a range of benefits for internal meetings, human resource development, and customer training. In internal meetings, the system also eliminates the need for scheduling, interprets languages, and optimizes time, reducing redundancy and preventing information silos. For human resource development, AvaTouch allows new hires to learn at their own pace and conduct practical tests through interactions with the bot. For customer training, the system facilitates immediate product explanations and provides easy reference to historical transactions for proposal crafting and post-sales reporting.

Registering with AvaTouch is free and easy to get started. You can sign up now at https://avatouch.net/signup. There are also numerous ways to stay informed and get support, such as joining the AvaTouch Discord community, subscribing to the AvaTouch YouTube channel, and accessing the AvaTouch help page.

“We are excited to introduce AvaTouch to the world, as it represents a significant step forward in the evolution of remote work,” said Tomohiro Kato, CEO of AvaTouch, Inc. “Our system is designed to streamline communication and make remote work more efficient, allowing individuals and organizations to save time and resources while improving productivity and collaboration.”

About AvaTouch, Inc.

AvaTouch, Inc. is a Tokyo-based developer of AI products that aim to revolutionize the way that people work and communicate.

For more information, please visit https://avatouch.net.

CONTACT: tomohiro kato, tomohiro.kato@avatouch.net

https://mma.prnasia.com/media2/2101477/AvaTouch_Concept_Video.mp4
PR Newswire

Quantinuum Brings Quantum-Computing-Hardened Encryption Keys to the Device Level for the First Time – Introducing Quantum Origin Onboard

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Critical software-based protection for a range of connected devices

LONDON and BROOMFIELD, Colo, June 14, 2023 /PRNewswire/ — Quantinuum, the world’s largest integrated quantum computing company, today announced the launch of Quantum Origin Onboard, an innovation in cryptographic key generation that provides quantum computing hardened cyber protection for a wide range of connected devices by maximizing the strength of keys generated within the devices themselves. 

The risk of cyberattacks compromising organizations continues to grow. As cybercriminals uncover new techniques to exploit connected systems and their data, even the cryptographic foundations of cybersecurity measures remain vulnerable to advanced threats. Cryptographic keys created using current typical methods deployed by organizations around the world are not provably unpredictable, leaving encrypted data and systems potentially at risk of devastating attacks. Quantinuum’s quantum-computing-hardened cryptographic key enhancement solution provably minimizes the risk that businesses generate and use vulnerable encryption keys to protect encrypted data.

“While quantum computing has the potential to render current encryption algorithms obsolete, posing a significant challenge to businesses and individuals alike, already today sophisticated attackers can take advantage of vulnerable encryption keys,” said Dr. Rajeeb Hazra, CEO of Quantinuum. “With our Quantum Origin Onboard and the overall Quantum Origin platform, organizations can fortify defenses across multiple endpoints and embrace the possibilities of a quantum-secure future. The next era of data security is here, and we are proud to be at the forefront as we collaborate with organizations worldwide.”

Strengthening encryption at the device level

Quantum Origin Onboard is the first and only commercially available enterprise software solution capable of delivering quantum-computing-hardened key enhancement. It can be installed directly onto devices and used to help deliver unparalleled foundational-level protection. Quantum Origin Onboard brings cutting-edge, enterprise-level security that integrates directly into connected devices without the need for additional hardware upgrades. This unique approach ensures that devices in any environment, online or offline, can generate quantum-computing-hardened keys to continually maximize the strength of encryption measures protecting devices.

Quantum Origin Onboard embeds a quantum seed, created by Quantinuum’s H-Series quantum computer, into devices. The seed is a string of provably unpredictable numbers, which enhance a device’s capability to generate strong and secure keys.

“Enterprises are recognizing they can build unprecedented resilience by adopting quantum-computing-hardened cryptographic keys,” said Duncan Jones, Head of Cybersecurity at Quantinuum. “This is a paradigm shift, and enterprises in critical industries are embracing the opportunity to minimize a risk to one of their attack surfaces, specifically device-level encryption on internet connected products that might be in the field for a decade.”

The growing security threat to embedded devices

The growing use of connected devices continues to underpin innovation across industries, from critical infrastructure to healthcare to transportation to energy. As adoption has risen, cybercriminals have increasingly targeted vulnerable interconnected devices, causing mass disruption. One of the most infamous examples of the power of IoT-based attacks is the Mirai malware that infected IP cameras and basic home routers, creating a botnet that compromised a leading Domain Name Systems provider, leaving many high-profile websites inaccessible.

Quantum Origin Onboard embeds an industry-leading security capability into connected devices, to strengthen device security against advanced cyber-attacks, by minimizing an exploitable cyber vulnerability. As the only software solution of its kind, it simplifies deployment and provides uninterrupted key generation for connected devices and the data they manage.

For more information, visit http://www.quantinuum.com/cybersecurity/quantumoriginonboard.

About Quantinuum 

Quantinuum is the world’s largest quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world leading hardware and Cambridge Quantum’s class leading middleware and applications. Science led and enterprise driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems, in fields such as energy, logistics, climate change, and health. The company employs over 480 people including 350 scientists, at nine sites in the US, Europe, and Japan. 

PR Newswire

ZTE secures two major awards at the Asian Telecom Awards 2023

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  • ZTE won the “Technology Innovation of the Year – Philippines“ award for its partnership with Converge ICT Solutions Inc. ZTE introduced the first residential XGS-PON services in the Philippines through Converge
  • ZTE secured the “HR Initiative of the Year – Philippines“ award with its outstanding FLIP program

MANILA, Philippines, June 14, 2023 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, has been honored with two prestigious awards at the Asian Telecom Awards 2023. ZTE received the “Technology Innovation of the Year – Philippines” and “HR Initiative of the Year – Philippines” awards. These accolades acknowledge ZTE’s outstanding accomplishments and initiatives among Asia’s top telecommunications companies.

The Asia Telecom Awards commend the endeavors of telecommunications companies across Asia in delivering the top-notch products and services in a challenging market. ZTE distinguished itself from the competition by utilizing ZTE XGS-PON for network expansion and implementing the Filipino Localization Improvement Program (FLIP). FLIP focuses on enhancing the skills of local engineers and driving localization efforts, demonstrating ZTE’s commitment to empowering the Filipino telecommunications industry.”

ZTE bagged the Technology Innovation of the Year – Philippines award for its partnership with Converge ICT Solutions Inc., the country’s fastest growing fiber internet provider.  ZTE introduced the first residential XGS-PON services in the Philippines through Converge, enabling an industry-first average speed of 8 Gbps. This brings a first-world country experience for the Converge’s clientele, catering to bandwidth-hungry applications, more users, and an increased number of devices. 

“ZTE Philippines will continue to be the country’s partner in bringing forth second-to-none technology innovations, remaining faithful to our commitment towards driving the digital economy,” said Zhang Chaohao, CMO of ZTE Philippines.  

Meanwhile, ZTE also claimed the HR Initiative of the Year – Philippines award for its FLIP program, a meticulously  planned talent management strategy aimed at recruiting, and nurturing digital talents in the industry. Additionally, ZTE has entered into a strategic cooperation Memorandum of Understanding (MOU) with two of the Philippines’ premier universities, the University of Santo Tomas (UST) and the Polytechnic University of the Philippines, as part of an Industry-Academe Linkage Program (IALP). This collaboration strengthens industry-academe partnerships and fosters mutual growth.

“All these initiatives and partnerships initiated by ZTE Philippines steer the company towards a successful direction, as well as contribute to the country’s economic development as a whole given the exceptional talent that ZTE plans to attract, develop and retain,” said Jin Zhichao, CTO of ZTE Philippines.  

“Being a company that believes in the quality of the Filipino workforce, we look forward to attracting and nurturing even more outstanding talents from the Philippines,” concluded Liu Feng, HR Director of ZTE Philippines. 

ABOUT ZTE:

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global

FOLLOW US:

Facebook www.facebook.com/ZTECorp
Twitter www.twitter.com/ZTEPress
LinkedIn www.linkedin.com/company/zte
YouTube www.youtube.com/@ZTECorporation

MEDIA INQUIRIES:

ZTE Corporation
Communications
Email: ZTE.press.release@zte.com.cn

PR Newswire

Ubitus Supports Perfect to Debut AI Powered Virtual Try-On Metaverse at Viva Tech

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TAIPEI, June 14, 2023 /PRNewswire/ — Ubitus K.K.(hereinafter Ubitus), a pioneer in cloud gaming and metaverse solutions, is supporting Perfect Corp.(hereinafter Perfect), a leading beauty and fashion technology provider, to debut its virtual try-on showroom at Booth N13 in Paris Viva Technology event from June 14th to 17th, 2023.

Bring home the in-store shopping experience with Virtual Try-On
Perfect’s solutions enable visitors to browse a spatial shopping showroom, pick an accessory, ranging from rings, bracelets, earrings, necklace and watches, and wear the accessory on the figure generated by the device camera. The accessories will adapt to the body’s movements while visitors check out the result. In addition to accessories, visitors can try on make-ups and receive recommendations from the AI beautician. Perfect employs advanced AI models to make generated AR images as realistic and smooth as possible.

Sophisticated shopping via browsers
Ubitus’ expertise and resources in cloud computing and streaming help Perfect to overcome the challenges of AI model training and AR spatial shopping showroom deployment. With the sophisticated AR showroom deployed in the cloud, users can easily access the showroom with the browser and camera on their mobile devices and enjoy instant shopping gratification.

Wesley Kuo, the CEO of Ubitus, comments, “I am thrilled to see innovators, like Perfect, elevate people’s shopping experience in such a convenient fashion. We look forward to more opportunities working with customers to tap into the power of AI and metaverse to further advance their product offering.”

“We at Perfect Corp. are thrilled to partner with Ubitus in our endeavor to revolutionize the virtual shopping experience. Together, we are committed to building a state-of-the-art virtual room that will bring beauty, skincare, and fashion to life in unprecedented ways.” Louis Chen, Chief Strategy Officer and Executive Vice President of Perfect Corp. said, “It’s our vision to shape a virtual shopping paradise, transforming the way consumers interact with their favorite brands. With the help of the virtual retailer, we can expect an unparalleled immersive shopping journey like no other.”

About Perfect Corp.
Perfect Corp. is the leading AI and AR beauty and fashion tech solutions provider, dedicated to transforming shopping experiences through empowering brands to embrace the digital-first world. By partnering with the largest names in the industry, Perfect Corp.’s suite of enterprise solutions delivers synergistic, technology-driven experiences that facilitate sustainable, ultra-personalized, and engaging shopping journeys, as well as equipping brands with next generation of consumer goods. Perfect Corp. offers mobile apps, including YouCam Makeup and YouCam Perfect, to provide a consumer platform to virtually try-on new products, perform skin diagnoses, edit photos, and share experiences with the YouCam Community.

About Ubitus
Ubitus operates the world’s best GPU virtualization technology and cloud streaming platform, and is dedicated to providing a superior user experience via its advanced technology. As long as users are connected to a broadband network, they can enjoy AAA gaming experience across various devices, such as smartphones, tablets, game consoles, smart TVs, and personal computers.

With innovative GameCloud® technology, Ubitus is able to stream interactive media content with an immersive experience on multi-devices for platform operators and digital content developers, to accelerate metaverse popularization with broad applications.

PR Newswire

Run:ai and AI Singapore partner to propel AI adoption across the ecosystem

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TEL AVIV, Israel, June 13, 2023 /PRNewswire/ — Run:ai, the leader in compute orchestration for AI workloads, announced today that it’s been chosen as a strategic partner by AI Singapore, a national R&D programme launched by the National Research Foundation, Singapore, which is focused on anchoring deep national capabilities in AI. This collaboration aims to deliver scalable infrastructure solutions for a wide range of AI projects and help AI Singapore in its mission to accelerate the adoption of AI by the industry.

There’s a global race underway for AI dominance, and countries around the world are heavily investing to gain an advantage. With over 50 countries already rolling out their national strategies for AI development, the competition is fierce. Singapore has set its sights on leading the charge and aims to be a global leader in developing and deploying AI by 2030.

As the national AI programme, AI Singapore plays a central role in helping organizations adopt AI solutions. Through their flagship 100 Experiments Programme (100E) coupled with the award-winning AI Apprenticeship Programme (AIAP), they have worked with more than 60 companies and trained more than 200 Singaporean AI engineers to develop, test and deploy hundreds of AI models that address real world problems. Given the ever-changing nature of AI workloads and the scale at which AISG’s programmes operate, distributing compute resources, including GPUs across on-premise and cloud infrastructures effectively between the various projects is a significant challenge.

Run:ai’s platform helps organizations effectively handle multiple projects by automatically scaling and scheduling GPU resources. The platform provides clear visibility into GPU consumption and usage, simplifying the management process and allowing organizations to optimize their AI projects across different environments.

“Effectively managing resources and infrastructure is vital to supporting our diverse portfolio of AI projects,” said Laurence Liew, Director of AI Innovation, AI Singapore. “By streamlining resource allocation, we can reduce the cost and environmental impact of our AI systems and deliver more value to our stakeholders and partners. Run:ai is a key enabler of this process, providing us with the tools and insights to optimize our AI workflows and infrastructure. We are delighted to work with Run:ai and benefit from their innovative and scalable technology.”

“Successfully leveraging AI is critical for every country,” said Omri Geller, CEO and co-founder of Run:ai. “We believe that our solution will play a pivotal role in enabling AI Singapore to meet the AI development needs of their community, including startups, universities, and businesses looking to embark on AI projects.”

About Run:ai

Run:ai’s Atlas Platform brings cloud-like simplicity to AI resource management – providing researchers with on-demand access to pooled resources for any AI workload. An innovative cloud-native operating system helps IT simplify AI implementation, increase team productivity, and gain full utilization of expensive GPUs. Using Run:ai, companies streamline development, management, and scaling of AI applications across any infrastructure, including on-premises, edge and cloud. Learn more at www.run.ai.

About AI Singapore

AI Singapore (AISG) is a national programme launched by the National Research Foundation (NRF) to catalyse, synergise and boost Singapore’s artificial intelligence (AI) capabilities to power our future, digital economy.

AISG will also bring together all Singapore-based research institutions and the vibrant ecosystem of AI start-ups and companies developing AI products, to perform use-inspired research, grow the knowledge, create the tools, and develop the talent to power Singapore’s AI efforts.

AISG is driven by a government-wide partnership comprising NRF, the Smart Nation and Digital Government Office (SNDGO), the Economic Development Board (EDB), the Infocomm Media Development Authority (IMDA), SGInnovate, and the Integrated Health Information Systems (IHiS).