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PR Newswire

Appian Launches Connected Underwriting for Life Insurance in Partnership with Swiss Re

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New workbench enables holistic underwriting automation and workload management to improve operational efficiency and underwriter experience.

MCLEAN, Va., Oct. 26, 2023 /PRNewswire/ — Appian (Nasdaq: APPN) today announced the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process. The solution makes underwriters’ lives easier by giving them a single interface to evaluate and classify risk, handle exceptions, and make case decisions.

Appian announces the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process.
Appian announces the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process.

The Connected Underwriting Life Workbench is a streamlined underwriting solution that is prebuilt on the Appian Platform. It is designed to drive speed to market with reduced IT effort for implementation. Its data fabric capabilities enable quick data and integration connectivity, coupled with AI-led automation that supports change management and optimized processes. Appian’s AI architecture, which includes generative AI capabilities, allows insurers to process content at scale and automate repetitive tasks, such as classifying emails and extracting data from documents. This allows Appian customers to facilitate faster benefit realization and enhance their competitiveness with a better underwriting experience. Life Workbench improves the quality, consistency and procedural adherence of cases. Additionally, the system allows 24/7 real-time monitoring and data extraction from various sources, seamless integration with third-party tools, and augmented decision-making with a complete audit trail.

Life Workbench offers a prebuilt integration with Swiss Re’s Magnum Pure, an influential automated underwriting solution powered by Swiss Re’s Life Guide. This integration empowers underwriters to overcome the complexities of multiple systems used to underwrite a case by bringing together all the relevant data, images, and human system interactions. Underwriters can better evaluate and classify risk, handle exceptions, and make critical case decisions rather than focusing on the procedural and administrative steps, transactions, and keystrokes. This partnership combines Appian’s expertise in AI, automation, data fabric, and case management with Swiss Re’s industry-leading automated underwriting engine, Magnum Pure, to simplify the underwriting process. The Swiss Re Magnum Pure solution must be purchased separately from the Appian Platform to enable the integration.

Key Benefits of Appian Connected Underwriting Life Workbench include:

  • Easier, more complete access to data. With Appian and Swiss Re’s Magnum Pure, underwriters have access to a best-in-class underwriting experience that provides a comprehensive, single-pane-of-glass view by surfacing relevant data from dispersed systems.
  • More efficient exception handling. Case management capabilities allow underwriters to spend less time collecting information and reduce the time it takes to handle exceptions, minimizing and in some cases eliminating manual processes and paperwork.
  • Process monitoring and optimization. Dashboards and KPIs help individuals, teams, and managers monitor underwriting processes and provide valuable insights about performance that can be used to optimize and improve case workflow, including initial review, case priority, and logic-based auto-assignment.

“Today’s customers demand seamless digital experiences, and insurers can’t afford to be held back by sluggish underwriting processes and data silos. Appian Connected Underwriting Life Workbench is a game-changer. It combines automation, data fabric, and plug-and-play integrations to accelerate underwriting, helping insurers avoid unprofitable risks and ensuring a superior experience for both customers and underwriters,” said Jacob Sloan, Industry Vice President, Global Insurance, Appian.

“This offering is powered by Magnum, Swiss Re’s automated underwriting solution and allows business users to render point of sale underwriting decisions faster and more seamlessly, ultimately improving the experience for the end consumer. We are delighted to utilize our product innovation expertise to help bring this offering to market,” said Jason Render, Head Magnum Americas, Life & Health Solutions, Swiss Re.

The Appian Platform modernizes underwriting with generative AI to minimize risk, increase efficiency, improve auditability, and ensure a positive customer experience. Key architectural components make it easy to leverage AI, including Appian’s data fabric architecture, Automated APS draft, Open AI natural language correspondence through AI Copilot, and private AI strategy for faster delivery of powerful and secure end-to-end process automation solutions.

Appian is trusted by leading insurance organizations such as Aon, Aviva, and Pacific Life to connect and automate data, equipping insurers to make informed, data-backed decisions. To learn more, visit https://appian.com/insurance.

About Appian

Appian is a software company that automates business processes. The Appian AI Process Platform includes everything you need to design, automate, and optimize even the most complex processes, from start to finish. The world’s most innovative organizations trust Appian to improve their workflows, unify data, and optimize operations—resulting in better growth and superior customer experiences. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: Twitter, LinkedIn.

Follow Appian UK: Twitter, LinkedIn.

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.

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PR Newswire

Agora Makes Livestream Shopping Technology Widely Available

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Agora’s live commerce capabilities help retail brands and platforms like CommentSold interact with customers in new ways

SANTA CLARA, Calif., Oct. 25, 2023 /PRNewswire/ — Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, has announced the wide availability of its technology to power livestream shopping experiences. As the US market for live video shopping continues to rapidly expand, many well-known brands are investing in these capabilities to provide more engaging content and boost conversion rates. Agora’s solution helps brands, marketplaces, and platforms seize the livestream shopping opportunity by building live shoppable live streaming experiences with ease.

In addition to shoppable livestreams, Agora’s solution supports live auctions, personal shopper experiences, and e-commerce-related video chat for customer service. CommentSold, the leading fashion live selling platform for retailers, recently began working with Agora to provide its customers with multi-source live stream shopping. The new functionality allows sellers to invite external participants into their shows by simply sending them a link or QR code. This makes it easy for sellers to invite celebrity guests or VIP customers to join the live shopping session via video while maintaining complete control over guests’ video and audio streams.

“We are absolutely thrilled to enable a paradigm shift in live selling with these features which will open up new ways for CommentSold sellers to gamify live selling shows and drive engagement,” said Andrew Chen, Chief Product Officer at CommentSold. “Now sellers can leverage professional hosts, celebrities and creators to co-host or host their live stream shopping events. Additionally, they can invite VIP customers to their live shows, further boosting interactivity, which eventually translates to higher sales for our sellers.”

Live commerce is an exciting new trend in the world of e-commerce, where customers can make purchases during live streaming video events. This new way of shopping is already hugely popular in Asia and is starting to gain traction in the US. According to McKinsey & Company, live-commerce-initiated sales could account for 20% of all e-commerce by 2026, and the US livestream shopping market is estimated to be worth $35 billion by 2024.

Livestream shopping has become increasingly popular as consumers continue to seek out new ways to shop online. With the help of Agora’s real-time engagement technology – recently highlighted in Gartner’s Market Guide for Live Commerce in Retail – brands can now provide a more immersive and engaging shopping experience to their customers.

“We’re thrilled to be at the forefront of the rapidly growing livestream shopping market and to have such a trusted partner in this exciting venture,” said Tony Zhao, CEO of Agora. “Our technology allows platforms like CommentSold to easily integrate interactive live video shopping experiences that create a more personal and engaging shopping experience for customers, while driving higher revenue for sellers.”

For more information about Agora’s livestream shopping capabilities, please visit:

https://www.agora.io/en/solutions/live-shopping/ 

For more information about CommentSold’s multi-source live stream shopping, please visit: https://try.commentsold.com/features/multi-source/

Agora just wrapped its RTE Live Shopping webinar series, which featured insights from e-commerce leaders on everything marketplaces and retailers need to know about live commerce. On-demand recordings of all 4 sessions can be found here.

About Agora

Headquartered in Santa Clara, California, Agora is a pioneer and global leader in Real-Time Engagement Platform-as-a-Service (PaaS), providing developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.

About CommentSold 

CommentSold is the North American leader in live selling technology (ranked by G2), having empowered over 7,000 small to mid-sized retailers with live selling tools, generating over 166 million items sold with $3.8 billion in lifetime GMV. The platform continues to provide businesses and creators of all sizes with best-in-class solutions for delivering engaging live video commerce experiences across multiple sales channels simultaneously. In 2022, CommentSold expanded its offerings through the acquisition of Popshoplive, a community-driven livestream shopping marketplace app. The platform’s innovations include Videeo, a lightweight video commerce plugin technology, enabling retailers and brands to seamlessly integrate and go live with engaging, branded live video commerce experiences.

Source: Agora, Inc.

PR Newswire

2023 Global Industrial Internet Conference Kicks Off in Shenyang

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SHENYANG, China, Oct. 25, 2023 /PRNewswire/ — On October 18th, the 2023 Global Industrial Internet Conference opened in Shenyang under the theme “Empowering New Industrialization, Generating New Productivity”.

A total of 55 enterprises and 12 key industrial parks related to industrial internet attended the event, and they showcased the latest industrial internet technologies through methods such as scaled models, real objects, humanoid robots and video live streams, according to the Publicity Department of the CPC Shenyang Municipal Committee.

Business recruitment and investment promotion were the main focus of this year’s Conference, and a manufacturing sector digitized transformation project matchmaking session was specially hosted. Contracts amounting to approximately 58 billion yuan for 140 projects in the 14 cities of Liaoning Province and the Shenfu Reform and Innovation Demonstration Zone were inked during the Conference, among which 17 are projects involving one billion yuan or more in investment.

The signed projects encompass industrial internet, metaverse, smart chips, big data, artificial intelligence and other industries and fields. The successful signing of these contracts is expected to substantially bolster the digitized transformation and upgrade of Liaoning’s manufacturing sector.

According to the Department of Industry and Information Technology of Liaoning Province, this year’s Global Industrial Internet Conference served as an exchange of wisdom and insights in the Chinese industrial internet sphere, and a platform to present the latest feats in the realm. This edition of the Conference attracted participation of more than a hundred Chinese and foreign industrial internet companies and manufacturing enterprises, fully exhibiting the cutting-edge technologies and innovation achievements related to industrial internet, while also facilitating the investment and execution of related projects.

This year’s Conference was hosted by the Ministry of Industry and Information Technology, the China Association for Science and Technology and The People’s Government of Liaoning Province, and organized by the Shenyang Municipal People’s Government, the China Academy of Industrial Internet, the Liaoning Communications Administration, the Department of Industry and Information Technology of Liaoning Province and the Liaoning Association for Science and Technology.

PR Newswire

IOWA CAUCUS CONSORTIUM AND MEDIA CENTER RETURN FOR 2024 IOWA CAUCUSES

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GREATER DES MOINES, Iowa, Oct. 25, 2023 /PRNewswire/ — The Iowa Caucus Consortium will return for the 2024 election to showcase the Greater Des Moines region by providing the media, candidates and visitors an accommodating and beneficial experience. The Iowa Caucus Consortium, which began in 2008, is an initiative of Catch Des Moines and the Greater Des Moines Partnership in close collaboration with the Iowa Democratic Party and the Republican Party of Iowa.

“Every four years, the national spotlight shines brightly on Iowa and this is our chance to host the thousands of media members, visitors and candidate staff members who come to Greater Des Moines,” said Greg Edwards, President and CEO of Catch Des Moines. “The Consortium has become a valuable resource for the media and candidates by connecting them with the people, places and issues.”

One of the primary benefits of the Consortium is the establishment of a Media Center, where visiting and local members of the media can set up workspaces for covering the Iowa Caucuses schedule for Monday, Jan. 15, 2024. The center will be hosted at the Iowa Events Center and will be open from Thursday, Jan. 11 – Tuesday, Jan. 16.

Media members interested in applying for space in the Media Center can apply here.

“It is an honor for our state and the DSM region to host the Iowa Caucuses,” said Tiffany Tauscheck, President & CEO of the Greater Des Moines Partnership. “Through the Iowa Caucus Consortium and the Media Center, we are able to showcase our region to the nation and world as one of the fastest-growing places in the country and the best place to live and work.”

For more information about the Iowa Caucus Consortium or the Media Day event, please contact Courtney Shaw at cshaw@DSMpartnership.com or Alex Wilson at alex@catchdesmoines.com.

About the Iowa Caucus Consortium
The Iowa Caucus Consortium has been created to showcase the Greater Des Moines region by providing the media, candidates and visitors an accommodating and beneficial experience. The Iowa Caucus Consortium is an initiative of Catch Des Moines and the Greater Des Moines Partnership, in close collaboration with the Iowa Democratic Party and the Republican Party of Iowa.

About Catch Des Moines
The Greater Des Moines Convention & Visitors Bureau and the Des Moines Area Sports Commission, collectively known as Catch Des Moines, is the official destination marketing organization promoting and representing Greater Des Moines to leisure travelers and meeting/sports planners. Our focus is to increase visitors to the metro and elevate the visitor experience to drive economic success and enhance the quality of life in the 14 local Greater Des Moines communities we represent. For more information, visit catchdesmoines.com.

About the Greater Des Moines Partnership
The Greater Des Moines Partnership is the economic and community development organization that serves Greater Des Moines (DSM), Iowa. Together with 24 Affiliate Chambers of Commerce, more than 6,500 Regional Business Members and more than 400 Investors, The Partnership drives economic growth with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, helps create jobs and promotes DSM as the best place to build a business, a career and a future. Learn more at DSMpartnership.com.

Contact:
Courtney Shaw
cshaw@DSMpartnership.com
(515) 286-4919
Learn More About DSM USA

Alex Wilson
alex@catchdesmoines.com
(515) 699-3466
Learn More About Catch Des Moines

PR Newswire

HUYA Inc. to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023

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-Earnings Webinar Scheduled for 7:00 a.m. ET on November 14, 2023–

GUANGZHOU, China, Oct. 24, 2023 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its third quarter 2023 unaudited financial results on Tuesday, November 14, 2023, before the open of U.S. markets.

The Company’s management will host a Tencent Meeting Webinar at 7:00 a.m. U.S. Eastern Time on November 14, 2023 (8:00 p.m. Beijing/Hong Kong time on November 14, 2023), to review and discuss the Company’s business and financial performance.

For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.

[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China, and Taiwan.

About HUYA Inc.

HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China’s young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya’s open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company.

For more information, please visit: https://ir.huya.com.

For investor and media inquiries, please contact: 

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com 

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com 

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com 

Source: HUYA Inc.

PR Newswire

Veritas Names Microsoft as First Veritas 360 Defense Partner to Achieve REDLab Validation for Security Solutions

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Solutions reduce time to safe recovery by rapidly discovering last known good data

SINGAPORE, Oct. 24, 2023 /PRNewswire/ — Veritas Technologies, the leader in secure multi-cloud data management, today announced that Microsoft has become the first Veritas 360 Defense partner to achieve Veritas REDLab Validation for its security solutions. After testing Microsoft Defender with real-world malware in its REDLab isolated test laboratory, Veritas has certified the solution for secure integration into the Veritas Alta cloud data management platform and NetBackup family of products. Together, Veritas and Microsoft can rapidly identify the last known good copy of data following a ransomware attack to ensure a clean recovery to get organizations fully operational fast.

Veritas 360 Defense unveiled by Veritas today, offers organizations a blueprint on how to safeguard their data estate against the continually growing spectre of ransomware. Veritas 360 Defense brings together solutions from the Veritas portfolio, including Veritas Alta, the industry’s most complete secure multi-cloud data management platform, and those from leading security and cloud infrastructure vendors, such as Microsoft, to deliver a turnkey solution for secure cloud-native cyber resiliency. Customers will soon be able to access a library of reference designs, validated by the Veritas REDLab, to guide them on best practices for secure implementation of jointly deployed solutions.

Lawrence Wong, senior vice president of product management and chief strategy officer at Veritas, said: “When customers buy from Veritas and Microsoft, our solutions are not just sold together, they really work together. That is the value of our REDLab validation. Partners, like Microsoft, are able to add layers of security to our cyber resiliency solutions that ensure Veritas customers get a better experience from a comprehensive approach to protecting their businesses.”

Integration between Veritas Alta Data Protection and Microsoft Defender enables customers to scan backup data on inert, immutable, optimized storage to identify the last known good data copy. In doing so, the solution protects organizations from restoring any backup data corrupted by malware, preventing reinfection, and allowing them to bounce back faster.

Eric Burkholder, senior program manager, Microsoft Sentinel, said: “The evolving threat landscape means that enterprises constantly face new and challenging cybersecurity problems. The Microsoft portfolio of security solutions can be integrated with third-party offerings, such as the Veritas Alta cloud data management platform, to ensure that customers can rapidly achieve their security and protection goals and stay one step ahead of bad actors.”

Veritas REDLab Validation marks the latest step in a lasting strategic relationship between Veritas and Microsoft. Deep and established integration between the companies’ products and go-to-market strategies enables them to help customers build their zero trust security models and be cyber resilient. Together, they help to protect against downtime, data loss and regulatory penalties, and to provide the reassurance of recovery at scale, in the cloud and across their data estates.

Previous collaboration highlights between Veritas and Microsoft include:

  • Veritas delivered a simple UI-based integration with Microsoft Sentinel, ensuring all user audit trails, data anomalies and malware detected in the backup infrastructure are shared with the Security Operations (SecOps) team.
  • Veritas Alta Data protection is integrated with Microsoft Azure, which was also the launch partner for Veritas Alta Recovery Vault, Veritas’ cloud cyber-secure recovery data isolation vault with virtual air-gap controls that ensure a backup copy is always indelible, immutable and available for recovery.
  • Veritas Alta SaaS Protection was one of the first data protection solutions, hosted on Microsoft Azure, to be SOC2 and IRAP certified. Veritas Alta SaaS Protection was also one of the first data protection solutions to offer a private tenant architecture for SaaS protection based on Microsoft Azure, ensuring dedicated resources to eliminate conflicts and ensure data sovereignty.
  • Veritas Alta Data Compliance is deployed exclusively on Microsoft Azure around the world. This tight integration allows Veritas to extend its datacenter footprint to accommodate needs for data sovereignty in different regions of the world, in as little as three weeks.

Gabriel Muñoz, information technology director at Alestra, said: “Evaluating security and cyber resiliency solutions from multiple vendors in different proof-of-concept evaluations is time consuming and frustrating. Knowing that we can select products from Veritas and Microsoft that have been pre-tested and validated will free us from that burden and allow us to cut to the chase, so we’re protected faster from emerging cyber-resiliency threats.” 

Veritas is also a member of the Microsoft Intelligent Security Association (MISA), which is an ecosystem of independent software vendors and managed security service providers that have integrated their solutions to better defend against a world of increasing cyber threats. Currently, Veritas Alta and NetBackup are validated as part of MISA.

About Veritas 
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on X at @veritastechllc. 

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners. 

PR Newswire

A Safer Tomorrow: AESOP Technology’s Battle Against Look-Alike, Sound-Alike Medication Errors

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SAN FRANCISCO, Oct. 24, 2023 /PRNewswire/ — Medication errors are a critical problem in healthcare, and Look-Alike, Sound-Alike (LASA) medication errors pose a particularly daunting challenge. Studies show that LASA errors account for approximately one in four medication errors, making them a significant threat to patients. AESOP Technology is thus pleased to announce remarkable results from its recent clinical research, demonstrating its exceptional effectiveness in preventing LASA errors.

“Accurately identifying LASA errors can be challenging due to their complex origins. Surprisingly, only about 15% of intercepted wrong drug errors during our study could be clearly categorized as LASA errors, in the sense that the medications had similar names that contributed to the mix-up. The LASA errors also did not follow predictable patterns, with only 9 out of 71 cases repeating. These findings underscore the limitations of conventional human-defined rule systems, even when augmented with reinforcement learning. RxPrime (formerly MedGuard) not only detects errors that were not previously identified but also highlights the essential need for AI with advanced medical knowledge, demonstrating a breakthrough in patient safety in healthcare,” said Jim Long, CEO of AESOP Technology, explaining the intricacies of detecting medication errors, specifically LASA errors.

AESOP also leverages its proprietary AI technology to overcome the limitations of traditional clinical decision support systems and address the issue of alert fatigue.

“AESOP has taken additional steps to improve problem list documentation to reduce alert fatigue from LASA error detection. Many alerts contributing to physician fatigue result from poor problem list documentation within electronic health record systems. Thus, AESOP intervened at the source by helping physicians complete clinical diagnoses and documentation more effectively while prescribing,” Long added.

More than half of all medication errors occur during the prescription phase, making it a critical focus for improving patient safety. AESOP’s innovative approach offers a beacon of hope. Applying advanced AI technology to this complex problem has yielded impressive results and holds great promise for the healthcare industry. As we address patient safety challenges, AESOP Technology’s contributions stand as a testament to the potential of innovative solutions in ensuring the well-being of patients worldwide.

About AESOP Technology

AESOP Technology harnesses advanced artificial intelligence to develop its exclusive clinical deep reasoning network technology. This technology, driven by sophisticated medical knowledge and data association analysis, is designed to improve clinical decision-making and the medical coding process, primarily focusing on improving patient safety and quality.

PR Newswire

LIGHTSPEED STUDIOS Announced the Inaugural Participation of LIGHTSPEED Singapore in Gamescom Asia 2023

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LIGHTSPEED Singapore Unveiled Its Latest AIGC Solutions and the Partnership with Singapore University of Technology and Design on ML-based technologies   

SINGAPORE, Oct. 23, 2023 /PRNewswire/ — LIGHTSPEED STUDIOS, a leading global game developer, unveiled the inaugural participation of LIGHTSPEED Singapore in Gamescom Asia 2023, which was hosted from October 19th to 22nd, introducing its latest innovative solutions in Artificial Intelligence Generated Content (AIGC) and announcing its partnership with Singapore University of Technology and Design (SUTD) on developing technologies powered by Machine Learning (ML). Additionally, LIGHTSPEED STUDIOS served as the sponsor of the Gamescom Asia Pitch Competition, providing an excellent platform for game developers to present their work to potential publishers and investors.

During the event, LIGHTSPEED Singapore presented its latest innovative solutions via a dedicated speech session by its AI expert, introducing its first in-house developed generative AI technology dedicated for game development. The presentation highlighted breakthroughs of generative AI in data interpretation and content creation, along with case studies demonstrating its application in game development and gameplay. This showcased the value of the AI technology ecosystem achieved through systematic generative AI solutions, underpinned by the Large Language Model (LLM), innovative audio generation, and groundbreaking computer vision and graphics advancements in generative AI, bringing AI-driven game development and gameplay within reach.

Xin Wang, Principal AI Researcher at LIGHTSPEED STUDIOS
Xin Wang, Principal AI Researcher at LIGHTSPEED STUDIOS

Besides in-house R&D initiatives, LIGHTSPEED Singapore is also striving to bridge the gap between academia and industry. LIGHTSPEED Singapore is honored to announce that through AI Singapore’s 100 Experiments Programme, in partnership with the SUTD, it will be developing ML-based technologies, featuring a project dedicated to building Text-to-Motion Machine Learning Model. Moving forward, LIGHTSPEED Singapore will extend such efforts to more universities within the region, aiming to enhance industry-focused education and research capabilities.

LIGHTSPEED Singapore’s efforts in developing AIGC solutions and building collaborative force for evolving in-game AI-based technology are just parts of its strategic investment in cutting-edge technologies that poised to advance the gaming landscape. To achieve the mission, LIGHTSPEED Singapore has adopted a localized collaborative model that harnesses the synergy of industry, academia, and gaming communities, connecting stakeholders and partners ranging from local governments, universities, research institutions as well as industry associations.

Besides the announcement above, during the Gamescom Asia 2023, the Southeast Asia Publishing & Esports team of PUBG MOBILE (co-developed by LIGHTSPEED STUDIOS and KRAFTON, Inc.) shared insights on building a sustainable esports ecosystem for Southeast Asia via another speech session.

About LIGHTSPEED STUDIOS

LIGHTSPEED STUDIOS is a leading global game developer with teams across China, United States, Singapore, Canada, United Kingdom, France, Japan, South Korea, New Zealand, and United Arab Emirates.
LIGHTSPEED STUDIOS has created over 50 games across multiple platforms and genres for over 4 billion registered users. It is the co-developer of worldwide hit PUBG MOBILE (co-developed with KRAFTON, Inc.).
LIGHTSPEED STUDIOS is made up of passionate players who advance the art & science of game development through great stories, great gameplay, and advanced technology. We are focused on bringing next generation experiences to gamers who want to enjoy them anywhere, anytime, across multiple genres and devices.
More information about LIGHTSPEED STUDIOS please visit www.lightspeed-studios.com, and follow us on Twitter, Facebook and YouTube.

PR Newswire

SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM

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  • Companies sign LOI for joint development of a large language model specifically for telecommunication companies.
  • Telco-specific LLM will be built through collaboration with AI companies and unveiled in the first quarter of 2024.
  • Collaboration between the two companies is expected to strengthen their leadership in AI and lead to a thriving global AI ecosystem.

SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ — SK Telecom (NYSE:SKM, “SKT”) and Deutsche Telekom today announced that they signed a Letter of Intent (LOI) to jointly develop a telco-specific LLM that enables global telecommunication companies (telcos) to develop generative AI models easily and quickly.

SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM
SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM

The LOI signing ceremony took place at SK Seorin Building located in Seoul with the attendance of key executives from both companies including Ryu Young-sang, CEO of SKT, Chung Suk-geun, Chief AI Global Officer of SKT, Tim Höttges, CEO of Deutsche Telekom, Claudia Nemat, Board Member Technology and Innovation of Deutsche Telekome, and Jonathan Abrahamson, Chief Product and Digital Officer of Deutsche Telekom.

This marks the first fruition of discussions held by the Global Telco AI Alliance, which was launched by SKT, Deutsche Telekom, E&, and Singtel, in July 2023, and lays the foundation to enter the global market.

SKT and Deutsche Telekom plan to collaborate with AI companies such as Anthropic (Claude 2) and Meta (Llama2) to co-develop a multilingual – i.e, German, English, Korean, etc. – large language model (LLM) tailored to the needs of telcos. They plan to unveil the first version of the telco-specific LLM in the first quarter of 2024.

The telco-specific LLM will have a higher understanding of telecommunication service-related areas and customer’s intentions than general LLMs, making it suitable for customer services like AI contact center.

The goal is to support telcos across the world, including Europe, Asia, and the Middle East, to develop generative AI services such as AI agents flexibly according to their respective environment.

This will enable telcos to save both time and cost for developing large platforms, and secure new business opportunities and growth engines through AI innovation that shifts the paradigm in the traditional telecommunications industry.

To this end, SKT and Deutsche Telekom plan to jointly develop AI platform technologies that telcos can use to create generative AI services to reduce both development time and cost.

For instance, when a telco tries to build an AI contact center based on generative AI, it itself will be able to build one that suits their environment more quickly and flexibly. In addition, AI can be applied to other areas such as network monitoring and on-site operations to increase efficiency, resulting in cost savings in the mid- to long-term.

Through this collaboration, the two companies will proactively respond to the recent surge in AI demand from telcos, while also promoting the expansion of the global AI ecosystem through the successful introduction of generative AI optimized for specific industries or domains.

“AI shows impressive potential to significantly enhance human problem-solving capabilities. To maximize its use especially in customer service, we need to adapt existing large language models and train them with our unique data. This will elevate our generative AI tools,” says Claudia Nemat, Member of the Board of Management for Technology and Innovation at Deutsche Telekom.

“Through our partnership with Deutsche Telekom, we have secured a strong opportunity and momentum to gain global AI leadership and drive new growth,” said Ryu Young-sang, CEO of SKT. “By combining the strengths and capabilities of the two companies in AI technology, platform and infrastructure, we expect to empower enterprises in many different industries to deliver new and higher value to their customers.”

About SK Telecom

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company. It is focusing on driving innovations in areas of telecommunications, media, AI, metaverse, cloud and connected intelligence to deliver greater value for both individuals and enterprises.

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PR Newswire

Mammotion LUBA Robot Mower Wins Pro Tool Innovation Award 2023 and IDEA Design Award 2023

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  • Winner of the Pro Tool Innovation Award 2023 in the Outdoor Power Equipment category
  • A finalist of the IDEA Design Award 2023
  • LUBA AWD Series Robot Mower attends Equip Exposition from 18-20th October 2023

SHENZHEN, China, Oct. 21, 2023 /PRNewswire/ — Mammotion, a leading innovator in outdoor robotic electric solutions, is proud to announce that the LUBA AWD Series Perimeter Wire-Free Robot Mower won the Pro Tool Innovation Award 2023 and a finalist for the IDEA Design Award 2023. This award-winning LUBA AWD Series was on display at the Equip Exposition from October 18th to 20th, 2023, in the United States.

The Pro Tool Innovation Award and IDEA Design Award represent internationally respected accolades that celebrate ingenuity, exceptional design, and outstanding performance, revolutionary innovation.

Pro Tool Innovation Award judges lauded the LUBA AWD Series, stating, “Worry-free robotic mowing is now a reality thanks to the LUBA AWD series from Mammotion. You have the option to set multiple mowing zones for larger lawns, and the all-wheel-drive system can handle up to 75% slope and avoids getting stuck better than other designs. LUBA AWD is one of the most advanced robotic mowers you can get today.”

“We are thrilled to be recognized with prestigious industry awards for the product innovation.”JD Wei, the CEO of Mammotion Tech, is proud to state, “We will keep leading the innovative solution of smarter robot mower in the future, providing best off-road capability, user-friendly intelligence and high-end design product.

With RTK-GNSS Mapping and Navigation syetem, precise obstacle avoidance and auto-recharging, APP control anywhere, and the ability to mow stunning lawn stripes, the LUBA AWD Series offers users a brand-new smart, high-quality and eco-friendly lifestyle. All three models of this state-of-the-art LUBA AWD Series are prominently showcased at the Equip Exposition 2023, an excellent opportunity for professional users to learn more about this exciting product.

LUBA AWD series is available to order online at U.S., Germany, Australia and other countries.

For more information please see www.mammotion.com

About Mammotion:
Mammotion is committed to shaping a smarter and high quality eco-friendly outdoor lifestyle by providing innovative outdoor robot solutions. The team’s core members come from world’s leading robotic and UAV companies, inheriting AgileX Robotics’ seven years of experience with advanced chassis-based robotic solution and self-driving algorithm technology, Mammotion offers next-generation robotic solutions for professionals and consumers.