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PR Newswire

Altair and Oasys, the Software House of Arup, Establish Joint Development Agreement to Redefine Pre-Processing for Crash and Safety Simulation

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Altair® HyperWorks® with Oasys PRIMER Redefine Safety Simulation Modeling

TROY, Mich., Aug. 21, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR) a global leader in computational intelligence, and Oasys, the software house of Arup, a global collective of designers, consultants and experts dedicated to sustainable development, announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market. 

Altair and Oasys have announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market.
Altair and Oasys have announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market.

This solution will provide customers with a seamless workflow between Altair® HyperWorks®, a world-class design and simulation platform, and Oasys PRIMER, a market leading product for the preparation and modification of crash safety analysis models.

Accessible through the Altair HyperWorks environment, engineers will be able to seamlessly utilize the power of the combined platforms to prepare data for simulations.

“We are delighted to team up with Oasys, whose pedigree and strong market presence in crash simulation has long been admired,” said James R. Scapa, founder and chief executive officer, Altair. “The combination of the power of Altair HyperWorks and Oasys PRIMER will provide customers with an advanced solution for safety modeling.”

“Altair is a leader in the automotive simulation sector, and we look forward to seeing what our customers will achieve with this new solution,” said Peter Young, director, Oasys. “The Oasys Suite provides best-in-class solutions to accelerate and advance crash simulations, and this collaboration with Altair will catapult our joint offer.”

Powered by AI-augmented 3D modeling and visualization tools, and next-gen design and optimization workflows, Altair HyperWorks empowers users to effortlessly manage large and complex models, unveil critical insights, optimize designs, and foster innovation.

The Oasys Suite is a tailored set of tools which support users to analyze, build and share quality models and results with confidence. They are at the cutting edge of pre- and post-processing software and are used by customers worldwide.

For more information about the Altair HyperWorks design and simulation platform, visit https://altair.com/altair-hyperworks. For more information about Oasys PRIMER, visit https://www.oasys-software.com/dyna/software/primer/.

About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

About Oasys
Established in 1976 as the software house of Arup, Oasys is a leading commercial developer of CAE solutions. The Oasys Suite plays a pivotal role in enabling users to deliver projects that might not otherwise be achievable without complex analysis. To learn more, please visit: https://www.oasys-software.com/dyna/.

Media contacts

Altair Corporate                                               

Altair Investor Relations

Bridget Hagan                                                 

Stephen Palmtag

+1.216.769.2658                                             

+1.669.328.9111        

corp-newsroom@altair.com                           

ir@altair.com

Altair Europe/The Middle East/Africa                 

Oasys Global Marketing

Charlotte Hartmann                                                    

Katie Smith

+49 7031 6208 0

katie.smith@arup.com 

emea-newsroom@altair.com

Oasys Operations and Support                     

Arup Global Press Team

dyna.support@arup.com                               

Dan Allen

dan.allen@arup.com 
PR Newswire

ThroughPut.AI Unveils AI-powered Inventory Management Capabilities to Free-up Working Capital, Grow Revenue, and Expand Margins

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Revolutionary AI-based Supply Chain Decision Intelligence platform launches new inventory capabilities to identify and quantify working capital savings, while predicting and recommending opportunities to accelerate revenue and profitability

PALO ALTO, Calif., Aug. 13, 2024 /PRNewswire/ — ThroughPut Inc., the Gartner-recognized Industrial AI Supply Chain Analytics and Decision Intelligence pioneer, today announced the launch of new inventory management capabilities that empower businesses to drive higher profitability through powerful working capital spend projections, real-time inventory predictions, and dynamic rebalancing and replenishment recommendations.

The current release enables advanced visibility and actionability for businesses to manage their inventory and material movements across all their SKU’s, customers, locations, and supply chain end-points. As a result, they can increase inventory turns, ensure rapid availability of fast-moving products, and reduce safety stock and carrying costs. With these new capabilities, businesses now have the unprecedented availability to unlock capital, improve operational efficiencies, and boost margins. By leveraging ThroughPut’s patented, award-winning AI and Machine Learning supply chain decision intelligence platform on top of their existing diverse data systems, organizations of all types can rapidly pinpoint where capital allocation is insufficient, predict outcomes, and make recommendations enabling them to accelerate goods movement, revenue, and margins.

“ThroughPut.AI’s enhanced working capital management capabilities show our customers where their excess working capital lies, where their operations are underfunded, and projects how these gaps should best be optimized,” explains Seth Page, Chief Operations Officer and Head of Strategic Partnerships at ThroughPut.AI. “With advanced AI algorithms optimizing operations for financial analytics, insights, decision intelligence, and recommendations, we enable organizations to plan the best scenario for inventory spend down to the per SKU, per route, per location, per source, levels, so that they may cater to true demand at all times, whether sudden, seasonal, cyclical, or previously “unpredictable.” You can better analyze, predict and prepare for all these situations and many more by leveraging your existing diverse data systems with operational AI to achieve greater financial results.”

The new release focuses strongly on the following capabilities:

  • Projecting Working Capital Spend Optimization: Leverage powerful algorithms to identify when and where capital is unnecessarily tied-up, or where it needs to be supplemented to optimize flow of goods, cash, and profits.
  • Reducing Spend and Identifying Savings Opportunities: Identify specific SKUs on which spend can be safely reduced to enhance cost savings without compromising on product quality or service levels.
  • AI-powered Predictive Analytics: Get actionable insights, predictions and recommendations – on everything from inventory turnover rates to potential stockouts – to make proactive informed decisions that optimize inventory performance.
  • Advanced Demand Sensing: Move beyond traditional demand forecasting with stale assumptions and old data, and enable more accurate dynamic demand sensing to rapidly respond to shifts in market trends and customer priorities.

With ThroughPut’s latest release, businesses can rapidly segment their product portfolios, identify their best and worst performing products, adapt their product mix to prioritize fast-moving goods with higher contribution margins, and ensure the greater flow of goods, material, and cash.

PR Contact

Tina Jacobs

pr@throughput.ai

About ThroughPut Inc

ThroughPut.AI is a Silicon Valley-based Supply Chain AI-powered Decision Intelligence leader that puts Industrial material flow on Autopilot by leveraging existing Enterprise Data to achieve superior Business, Operations, Financial and Sustainability Results. ThroughPut improves material flow and free-cash-flow across the entire end-to-end value chain far faster than leading contemporary and legacy solutions. The founding team is led by seasoned serial entrepreneurs with real-world AI, Supply Chain, Manufacturing, Transportation and Operational experience, from the shop-floor to the top-floor, at leading Fortune 500 Industrial Companies & pioneering Enterprise Technology companies.

To learn more about ThroughPut Inc, visit our website today.

Additional Resources:

Source: ThroughPut Inc.

PR Newswire

Breaking Boundaries: Haivivi Innovates with BubblePal, Redefining Interactive Toys

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SINGAPORE, Aug. 9, 2024 /PRNewswire/ — The AI toy startup Haivivi has launched BubblePal, a groundbreaking interactive toy powered by AIGC technology—the first of its kind worldwide. This innovative product harnesses advanced AI large language model(LLM) technology to enrich children’s development and provide emotional support. BubblePal excels in multi-character interactions and multilingual communication, setting a new standard in interactive storytelling. 

Founded with a vision to create exceptional experiences for children, Haivivi traces its roots to a pivotal moment in 2017 when insights from a smart speaker revealed a child’s poignant question: “Does my mom love me?” This revelation underscored the need for technological solutions that cater to the innocent and vibrant world of children, which inspired Haivivi to pioneer delightful toys using cutting-edge AI technology. BubblePal, with its mushroom-shaped silicone design and versatile strap, adapts to various plush toys, featuring TYPE-C charging and up to 4 hours of usage time.

Empowered by advanced AI capabilities, BubblePal acts as a comprehensive “super encyclopedia,” responding to children’s inquiries and nurturing curiosity and imagination. With its LLM technology and emotion recognition algorithms, BubblePal intuitively senses children’s emotions, offering empathetic companionship through educational challenges and daily adventures.

Psychologist Lev Vygotsky’s sociocultural theory emphasizes the pivotal role of social interaction in cognitive development, particularly through meaningful communication with adults and peers. In today’s fast-paced world, BubblePal bridges this gap for working parents, ensuring consistent high-quality interaction with their children.

An outstanding feature of BubblePal is its interactive storytelling mode, where children collaborate in crafting unique narratives. Unlike conventional story players, BubblePal stimulates creativity and cultivates thinking skills, fostering positive habits and personality development.

Haivivi’s competitive edge lies in its deep understanding of children’s needs and innovative application of AI LLM technology. Led by CEO Li Yong and COO Gao Feng, veterans in internet and hardware industries, Haivivi integrates LLM technology into plush toys, ushering in a new era of intelligent educational and emotional support toys. These toys evolve with each interaction, truly embodying the ethos of “the more you engage, the more it understands.”

In less than two years in the AI toy sector, Haivivi has garnered investments from prestigious venture capital firms and industry leaders, including funds associated with luminaries like professors Gao Bingqiang and Li Zexiang.

With pioneers like Haivivi shaping the AI toy landscape, the traditional toy industry stands poised for transformative change. The future holds boundless opportunities!

Priced at $89, BubblePal is now available on Haivivi’s official website (www.haivivi.com).

Media Contact: Grace Rossi, xiaoman@haivivi.com

PR Newswire

Glue Up Announces Strategic Partnership with Cvent to Revolutionize Community Engagement

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MCLEAN, Va., Aug. 9, 2024 /PRNewswire/ —

Glue Up, a leading provider of AI-powered all-in-one membership management solutions, is proud to announce our strategic partnership with Cvent. This collaboration establishes Glue Up as a leader in leveraging innovative technology, advancing community and event management for its 1,500+ associations, chambers, and other communities. Since 2023, Glue Up has been leveraging AI in community management to automate workflows, reduce administrative tasks, and enhance personalized campaigns and engagement, making them a top industry provider.

Glue Up’s innovative CRM can track and report all member engagement, enhancing community and events management. Through a new integration with Cvent, users can sync their events and contact data and utilize the robust platform for event marketing, registration, payment, and more. This collaboration also allows Glue Up clients to easily create small, medium or large-scale events while managing and tracking member engagements, boosting association and chamber management to a new industry level.

“Glue Up has always been at the cutting edge of innovation, and this partnership is a significant milestone in our mission to empower associations and chambers worldwide. ” said Eric Schmidt, CEO of Glue Up. “This collaboration brings major transformation in the association industry as it connects robust Glue Up capabilities with the powerful Cvent event marketing and management platform. Through this integration, we can now enable professional communities with Cvent’s user-friendly small, medium, and large-scale event and trade show tools, and Glue Up’s platform to consolidate data, manage memberships, and engage communities. This combination is set to revolutionize the association industry and bring it to a whole new standard.”

Mike Tenholder, Cvent Head of Alliance Partnerships, added, “We are thrilled to welcome Glue Up as a strategic Alliance Partner. Their commitment to innovation and enhancing user experiences complements our goal of providing best-in-class event management solutions. By integrating Glue Up’s solutions, we can offer our association clients additional tools to enrich their professional communities and streamline their membership engagement processes.”

This partnership brings significant benefits to both Glue Up’s and Cvent’s clients. Glue Up’s clients gain access to an industry-leading event management platform, while Cvent’s users can take advantage of Glue Up’s advanced membership solutions. Together, Glue Up and Cvent aim to deliver unparalleled value and transformative experiences to the association world.

CONTACT: Tiara Jing
+1 888 218 1354
social@glueup.com 

PR Newswire

Infinix Teams Up with UNESCO and Google to Inspire Today’s Youth with AI and Robotics Education through the Largest CogLabs Workshop Ever

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NAIROBI, Kenya, Aug. 3, 2024 /PRNewswire/ — Infinix, a trendy tech brand crafted for young consumers, conducted the largest CogLabs workshop to date with more than 200 students at the University of Nairobi. Themed “Get in Now”, Infinix partnered with UNESCO and Google to inspire today’s youth with AI and robotics education through the CogLabs initiative. This project aims to equip the next generation of thinkers and makers in Africa with accessible, hands-on experiences in robotics, machine learning, and AI education.

The people in the picture from left to right are: Joan Nadal, Master Trainer of UNESCO at STEM Education; Michael Zeng, Brand Manager of Infinix Kenya; Amber Zhao, Infinix's Product Manager of AI; John Kimani, Head of Developer Relations, Sub-Saharan Africa, Google; and two representatives of the University of Nairobi.
The people in the picture from left to right are: Joan Nadal, Master Trainer of UNESCO at STEM Education; Michael Zeng, Brand Manager of Infinix Kenya; Amber Zhao, Infinix’s Product Manager of AI; John Kimani, Head of Developer Relations, Sub-Saharan Africa, Google; and two representatives of the University of Nairobi.

“It is a true honor for Infinix to collaborate with UNESCO and Google in globally promoting the CogLabs project,” said Michael Zeng, Brand Manager of Infinix Kenya. “This project is designed to build capacity in crucial domains such as robotics, machine learning, and AI, with a focus on education equality, to transform knowledge into resilient ownership and foster sustainable development.”

CogLabs Project Makes AI and Robotic Education Easy

The CogLabs project is an innovative educational initiative that aims to make AI and robotics accessible and engaging for today’s youth. Through a step-by-step process, participants can design and build their own robots using 3D printed parts and a second-hand phone, train the robots to recognize images, sounds, and poses, and program them to respond and perform simple tasks. CogLabs emphasizes sustainable design and provides code files, FAQs, and support to guide users.

CogLabs Workshop
CogLabs Workshop

“The CogLabs project is a shining example of how we can inspire and empower the next generation to embrace the transformative power of AI and robotics. By partnering with innovative companies like Infinix and Google, we are providing young learners with the tools and resources to design, build, and program their own robotic creations. This hands-on approach not only sparks their curiosity, but also equips them with the practical skills needed to thrive in the digital age,” said Joan Nadal, Master Trainer of UNESCO at STEM Education.

Celebrate the Largest CogLabs Workshop Yet and the Preview of the New CogLabs Mobile App

The CogLabs workshop, held at the prestigious University of Nairobi, was a resounding success, drawing the attention of esteemed guests and showcasing the institution’s commitment to fostering technological advancements. This landmark event, the largest CogLabs workshop to date, witnessed the active participation of over 200 eager students, who were empowered to acquire new skills, put their knowledge into practice, and create impactful solutions for the future.

During the workshop, students engaged in captivating hands-on activities, such as building their own robots by assembling 3D parts and repurposing used Infinix smartphones. This innovative approach breathed new life into the devices, enabling the students to train the robots to recognize surrounding objects, such as arrows, and respond accordingly by moving left, right, or forward. Through this process, the participants gained valuable insights into the realms of coding, machine learning, and AI recognition processes.

“We are thrilled to preview the mobile application of the CogLabs initiative,” shared John Kimani, Head of Developer Relations, Sub-Saharan Africa, Google. “Google’s emphasis on promoting digital literacy and making learning accessible to all aligns perfectly with the CogLabs mission. This mobile application will empower everyone to explore the world of machine learning and programming, without the need for a laptop, ensuring equal opportunities for all to create their own robotic wonders, wherever they may be.”

Infinix Get In Now: Inspiring Africa’s Youth with AI Education

The CogLabs project stands as a testament to Infinix’s unwavering commitment to empowering today’s youth with cutting-edge technology and smart devices. Recognizing Africa as the region where the brand originated in 2013, Infinix has strategically focused on promoting this groundbreaking initiative across the continent.

Through in-depth market research and collaborations with leading industry suppliers and research institutions, Infinix has meticulously optimized its products to address the specific demands and needs of local users in Africa. This attention to detail and understanding of the African landscape sets the stage for the transformative impact of the CogLabs project.

Infinix has made significant advancements in AI education and adoption in Africa. In 2020, the company released voice interaction technology supporting Hausa, and now provides support for major African languages. To further expand its language capabilities, Infinix has established specialized R&D centers focused on minor and regional languages across seven African countries, employing over 120 linguists. As Amber Zhao, Infinix’s Product Manager of AI, stated, “These centers are dedicated to developing localized AI language models that truly understand and serve the diverse linguistic needs of users across the continent.”

Starting from Kenya, Infinix plans to organize a series of CogLabs workshops across various African countries, providing primary, secondary, and tertiary students with opportunities to engage in hands-on learning experiences. These workshops will seamlessly integrate 3D printing, robot making, and basic programming knowledge, empowering the youth to explore the realms of advanced technologies.

“We firmly believe that every young mind possesses unlimited potential, and we believe that advanced technologies, such as AI, will open the doors to a brighter future for all,” added Michael Zeng, underscoring Infinix’s unwavering commitment to the project.

As the event theme boldly proclaims, “Get in Now: Inspiring Today’s Youth with AI Education”, the CogLabs initiative aspires to ignite the creativity, imagination, and problem-solving abilities of young people across Africa. Infinix has also pledged to continuously support the development of the CogLabs mobile application and provide Infinix smartphones for student experiences in each workshop, ensuring a seamless and accessible learning journey.

Robots
Robots

For more information about Infinix and its innovative products and initiatives, visit www.infinixmobility.com.

About Infinix

Infinix Mobility is a rapidly emerging technology brand that designs, manufactures and markets an expanding portfolio of smart devices worldwide under the Infinix brand, which was founded in 2013. Targeting today’s youth with first in class technology, Infinix creates trendy, powerful and attainably priced smart devices that bring the latest technology on the market to users around the world at a time when they need it at a price that they want it. For more information, please visit: http://www.infinixmobility.com/

About UNESCO

With 194 Member States, the United Nations Educational, Scientific and Cultural Organization contributes to peace and security by leading multilateral cooperation on education, science, culture, communication and information. Headquartered in Paris, UNESCO has offices in 54 countries and employs over 2300 people. UNESCO oversees more than 2000 World Heritage sites, Biosphere Reserves and Global Geoparks; networks of Creative, Learning, Inclusive and Sustainable Cities; and over 13 000 associated schools, university chairs, training and research institutions. Its Director-General is Audrey Azoulay.

“Since wars begin in the minds of men, it is in the minds of men that the defenses of peace must be constructed” – UNESCO Constitution, 1945.

More information: www.unesco.org

About Google

Google’s mission is to organize the world’s information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Google Cloud, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.

PR Newswire

Seadronix Disrupts Maritime Technology with Groundbreaking AI Model

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SEOUL, South Korea, July 30, 2024 /PRNewswire/ — Seadronix, a leader in AI-enabled autonomous ship navigation solutions, has announced the release of a groundbreaking white paper on artificial intelligence (AI) for marine object recognition. This innovative research introduces the VaDA (Vertical and Detail Attention) model, an advanced AI technology designed to recognize objects in challenging marine conditions, such as light reflections, interference, and adverse weather.

Example of benchmark dataset introduced in the white paper. Using the VaDA AI model, detailed segmentation of objects allows for accurate recognition of ships, terrain, and the sea surface.
Example of benchmark dataset introduced in the white paper. Using the VaDA AI model, detailed segmentation of objects allows for accurate recognition of ships, terrain, and the sea surface.

The VaDA model represents a significant technological breakthrough for Seadronix, the result of years of diligent work by researchers collecting and analyzing real operational data from the maritime industry, where data acquisition is notoriously difficult. VaDA’s development involved an unprecedented amount of real-maritime data, achieving state-of-the-art performance in terms of both accuracy and cost-effectiveness.

In a landmark move for the marine AI industry, Seadronix has also introduced the OASIs (Ocean AI Segmentation Initiatives) dataset, the first benchmark dataset of its kind. This initiative is set to transform the industry by providing a new standard for comparing AI technologies in object recognition, addressing a critical gap in maritime AI development.

Seadronix plans to showcase its key technologies, including the VaDA model and sensor fusion, at two prestigious international conferences: the IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS) and the International Conference on Maritime Autonomous Surface Ships. By presenting at these events, Seadronix aims to cement its position as a global leader in maritime AI.

“The release of the OASIs benchmark dataset marks a significant milestone in the advancement of AI technology,” said Hankeun Kim, Chief Technology Officer of Seadronix. “We are committed to continuously driving innovation and development in the maritime AI sector.”

The introduction of object recognition AI technology is crucial for enhancing navigation assistance, safety, and ship automation. This technology is essential for autonomous navigation research, as it can detect and classify all objects at sea, from small buoys to large vessels and geographical features. Seadronix’s AI capabilities set a high standard in the industry.

Seadronix’s specialization in developing AI technology for marine environments, previously deemed impossible, positions the company as a leader in the digital transformation of the global shipping and port sectors. This innovation is poised to revolutionize autonomous navigation and serve as a game-changer in the industry.

PR Newswire

InfoComm India 2024 -The Largest Edition of the Pro AV Exhibition to Date – Returns 3-5 September at Jio World Convention Centre (JWCC) Mumbai, India

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MUMBAI, India, July 26, 2024 /PRNewswire/ — InfoComm India, India’s foremost professional audiovisual (Pro AV) exhibition, is set to return to Mumbai from 3-5 September 2024 at the Jio World Convention Centre (JWCC). This year, InfoComm India 2024 expands beyond Pavilions 1 to 3 at JWCC, incorporating Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions. It will showcase over 250 brands from more than 10 countries, including 35 first-time exhibitors. InfoComm India 2024 will be held. Registration is now open for professionals and businesses looking to deepen their Pro AV expertise.

Visitors can discover a plethora of solutions ranging from the latest in digital signage, to intelligent video conference systems, from artificial intelligence (AI) in LED virtual production to naked eye 3D displays, smart classroom solutions, interactive immersive projection mapping and more catering to a wide range of sectors such as education, finance, live events, urban development & smart cities. The exhibition will showcase top-tier products and innovations from renowned global brands and emerging industry players, including AERO, BENQ, Crestron, Harman, QSYS, Barco, AET, Samsung, and PeopleLink, along with WACOM, DVSI, Neotouch, Yotech Infocom, Onfinity Technologies and 30 more who are exhibiting for the first time at InfoComm India

With an expanded show floor space at Jasmine Hall, visitors can look forward to even more innovators in the Pro AV and technology space including TOYO, 4 Squares Corporation, Altex, Black Box and Wah Lee to name a few. AVIXA will also be making its presence felt at Jasmine Hall with interactive and knowledge-packed seminars hosted at its booth throughout the three days.

The 2024 InfoComm India Summit will offer over 48 free-to-attend seminars across 14 specialized tracks led by over 50 industry leaders as speakers. A glimpse of the exciting lineup of sessions includes a kick-off overview “Navigating New Horizons: Insights and Innovations Shaping India’s Pro AV Landscape” led by David Labuskes, CTS, CAE, RCDD, Executive Director and CEO, AVIXA , ‘Live Events & Experiential Planning’ exploring Pro AV application for live events, as well as industry-focused sessions dedicated to smart cities, hospitality, and education sectors like “Future of Learning Spaces”, “Securing the Future: Cybersecurity Strategies, Economics, and Risk Management”, Digital Signage in the AI-age which explores real-world strategies using AI, VR, and digital platforms for immersive experiences.

“India’s digital transformation is truly inspiring,” said June Ko, Executive Director of InfoComm India. “We see a vibrant energy and a thirst for innovation across the country. InfoComm India 2024 is our way of bringing together the brilliant minds and passionate hearts that are shaping this new era of technology in India. We envision InfoComm India as the premier destination for the Pro AV community to exchange ideas, foster partnerships, and collectively drive the industry forward.”

Connection is at the heart of InfoComm India 2024. A host of networking opportunities are designed to connect attendees with industry experts, thought leaders, and peers. They include the Breakfast Networking Hour at Luminary Lounge (Jasmine Hall) on 2 and 3 September, 9.30am to 10.00am; Flashtrack seminars and networking events at AVIXA booth; daily New Technology and Products Show Floor Tours and more.

For full details on exhibitors, products, summit agenda, registration, and sponsorship opportunities, visit www.infocomm-india.com

To access more press information of InfoComm India 2024, please visit: Digital Press Office Kit

For more information, please contact:

InfoComm India 2024, 3-5 September 2024, Jio World Convention Center, Mumbai | Attend over 48 free summit sessions, across 14 tracks, featuring insights from more than 50 industry leaders.
InfoComm India 2024, 3-5 September 2024, Jio World Convention Center, Mumbai | Attend over 48 free summit sessions, across 14 tracks, featuring insights from more than 50 industry leaders.

InfoComm India 2024 expands beyond Pavilions 1 to 3 at JWCC, incorporating Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions.
InfoComm India 2024 expands beyond Pavilions 1 to 3 at JWCC, incorporating Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions.

PR Newswire

Kuaishou Launches Full Beta Testing for ‘Kling AI’ to Global Users, Elevates Model Capabilities

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BEIJING, July 26, 2024 /PRNewswire/ — Kuaishou Technology (HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024) (together with its subsidiaries and consolidated affiliated entities, hereinafter referred to as “Kuaishou” or the “Company”), a leading content community and social platform, recently announced all new upgrades to the foundation model of its “Kling AI” (可灵AI) video generation model, with the beta version now available to global users via web portal (Chinese version: https://klingai.kuaishou.com/ ; English version:  https://klingai.com/).

In response to increasing demand from its expansive roster of content creators, Kuaishou has not only rolled out beta testing of its Kling AI to broad audiences but also launched a subscription program for users in mainland China, bringing Kling AI users more tailored features across different subscription categories. The Company expects to launch international subscriptions soon.

Enhanced Foundation Model Improves User Experience

Since its unveiling over a month ago, Kling AI has undergone multiple upgrades. With the introduction of the subscription program, the foundation model offers even more upgraded features. The latest round of upgrades significantly improves overall video quality. Videos generated by the upgraded model show improved composition and color tone, boasting better overall aesthetics. Motion performance has also been enhanced considerably, with greater movement range and accuracy.

Earlier iterations of Kling AI delivered capabilities such as image-to-video generation and video extension. At the recent World Artificial Intelligence Conference, Kling AI was officially launched on the web along with several new features, including extending the text-to-video generation duration to 10 seconds. With the latest upgrade, users can expect an even better overall AI video-generating experience.

Launched Full Beta Testing and Limited-Time Subscription Discount

As the world’s first accessible, real-image-level video generation large model for ordinary users, Kling AI has been exceedingly popular since it began accepting applications on June 6. After receiving over one million applications, more than 300,000 users were granted early access. With today’s announcement, Kuaishou has fully launched the beta version to everyone, bringing the exciting Kling AI experience to more users. Users will receive 66 daily “Inspiration Credits” that can be used to redeem specific functions or value-added services on the Kling AI platform, or the equivalent of producing about six free videos.

Along with the upgrade, Kling AI has also officially launched an all-new subscription program for users in mainland China. Users can choose from three subscription tiers on Kling AI’s official website: Gold, Platinum and Diamond, with monthly prices of RMB66, RMB266 and RMB666, respectively. The pricing for each tier is equivalent to 660, 3,000 and 8,000 Inspiration Credits, which can generate approximately 66, 300, or 800 standard videos.

Kling AI is also currently offering a limited-time “50% Off Frenzy Week” subscription discount event, with prices starting as low as RMB33 per month. In addition to monthly subscription plans, seasonal, semi-annual and annual plans are also available to meet users’ diverse needs.

Subscribers can not only receive Inspiration Credits but also enjoy several exclusive features, such as high-performance mode, video length extension, end-frame references for video generation, and professional cinematography support. These premium features help creators further enhance their control over Kling AI and produce professional-level AI films.

About Kuaishou

Kuaishou is a leading content community and social platform with its mission to be the most customer-obsessed company in the world. Kuaishou has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. At Kuaishou, any user can chronicle and share their life experiences through short videos and live streams and showcase their talents. Working closely with content creators and businesses together, Kuaishou provides product and service offerings that address various user needs that arise naturally, including entertainment, online marketing services, e-commerce, online games, online knowledge-sharing, and more.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

For investor and media inquiries, please contact:

Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com 

PR Newswire

FlexClip Unveils Advanced AI Features and Improved Editing Tools for Enhanced Creativity

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HONG KONG, July 17, 2024 /PRNewswire/ — PearlMountain Limited announces the latest update to its flagship video creation platform, FlexClip, which adds two new, powerful AI features: AI Noise Reducer and AI Vocal Remover. These tools are designed to enhance audio quality, making it easier for users to achieve professional-grade audio effects. Additionally, the new version has improved existing AI tools, further simplifying the editing process, elevating user experience, and boosting FlexClip’s competitiveness as a video production tool.

Meet FlexClip 6.0 for Next-Level Video Editing
Meet FlexClip 6.0 for Next-Level Video Editing

“I am thrilled to introduce the newest version of FlexClip, which includes highly anticipated AI capabilities,” says PearlMountain CEO and founder, Lin Xiao. “We believe these enhancements will streamline audio processing, allowing for superior video quality and greater creative flexibility. This update underscores our dedication to continually enhancing the user experience.”

FlexClip’s new AI Noise Reducer effectively eliminates background noise such as wind, rain, traffic, and other environmental sounds with a single click. This significantly enhances audio clarity and quality, benefiting video bloggers, streamers, online educators, filmmakers, and music producers. Users can achieve professional-grade audio without specialized skills, thereby streamlining the editing process and enhancing creative efficiency.

Moreover, FlexClip uses advanced AI algorithms to intelligently identify and separate vocals and background music from any video or audio track, providing users with clean background music and isolated vocal segments. FlexClip AI Vocal Remover boosts creative flexibility and efficiency, benefiting projects such as karaoke accompaniment creation, education and training, and audio mixing, while improving overall standards and quality.

The latest FlexClip release brings new features and upgrades current AI tools based on user feedback. The Text-to-Video function will now automatically generate voiceovers with improved scene matching for more complete video results and the AI Image Generator has also been refined with advanced models for better output. FlexClip continues to optimize editing and performance for a superior user experience in creative projects.

For more information about FlexClip, please visit https://www.flexclip.com/ or on Facebook, Twitter and YouTube.

About FlexClip

FlexClip is an ai-powered online video maker developed by PearlMountain Limited, providing one-stop video services that help novice and professionals create tutorials, video trailers, explainer videos, presentations, and social media videos with ease.

To date, FlexClip is used and loved by millions of people around the globe.

PR Newswire

Fractal Launches ‘Leadership Strategies for AI and Generative AI Specialization’ on Coursera

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NEW YORK, July 17, 2024 /PRNewswire/ — Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, has launched the ‘Leadership Strategies for AI and Generative AI Specialization’ on Coursera, one of the world’s leading online learning platforms. This comprehensive program is designed specifically for executives, senior leadership, entrepreneurs, management students and aspiring leaders in the field of AI, equipping them with the essential skills and knowledge to harness the power of generative AI across various business domains.

The Specialization offers a strategic framework for integrating generative AI into business operations while emphasizing data privacy, ethical considerations, and potential risks. Learners will explore diverse applications of generative AI and develop the confidence and competence to lead AI initiatives effectively.

“In the rapidly evolving AI landscape, it is crucial for leaders to not only understand but also effectively leverage generative AI technologies. Our partnership with Coursera aims to provide a robust educational foundation, empowering leaders to drive meaningful AI transformations in their organizations,” said Pranay Agrawal, Co-founder & CEO, Fractal.

“Leaders today face a ‘GenAI conundrum’: moving too quickly risks data, ethical, and regulatory issues, while being too cautious may undermine their competitive edge. High-quality education and training are key to navigating this balance,” said Raghav Gupta, Managing Director, India and APAC, Coursera. “This Specialization from Fractal aims to equip organizations to harness the transformative power of GenAI swiftly and safely, driving innovation and efficiency while maintaining ethical standards.“

This Specialization comprises four comprehensive courses, meticulously designed and presented by Fractal’s senior leaders including Pranay Agrawal, Co-founder & CEO; Rasesh Shah, Chief Practice Officer – EDTech; Bhaskar Roy, Client Partner APAC & Bangalore Centre Head; Ajoy Singh, Chief AI Officer; Sray Agarwal, Principle Consultant; Akbar Mohammed, Head, Fractal Dimension. These courses are: 

i)  Generative AI for Business – A Leaders’ Handbook 

  • Core concepts of generative models including Variational Auto Encoder (VAEs) Generative Adversarial Networks (GANs)
  • Strategic framework for integrating GenAI into business operations with data privacy, ethical implications, and potential risks at the center

ii)  Successful AI Strategies: A CEO’s Perspective 

  • Key components for driving desired outcomes from AI
  • Strategies for error reduction and accuracy improvement in AI
  • Insights into optimizing organizational effectiveness in AI adoption

iii)  Responsible AI – Principles and Ethical Considerations 

  • Responsible AI principles and their significance in technology
  • Techniques to identify, address, and mitigate bias in AI algorithms and data
  • Insights on Ethical AI governance, privacy considerations, and security measures

iv)  Structured Approach to Problem Solving 

  • Lifecycle of data science projects and the role of structured thinking
  • Importance of human centered design in solving business problems

Upon completing the course, participants will receive a certificate and gain invaluable insights from industry leaders. Additionally, they will be well-positioned for diverse and promising career opportunities, not only at Fractal but across the AI and tech industry.

Fractal’s previous courses have seen remarkable success, with nearly 50,000 enrollments within just seven months. The ‘GenAI for Everyone’ course, part of Coursera’s Gen AI Academy, alone attracted over 26,000 participants, while other courses have been adopted by top universities and leading corporations. With this partnership, Fractal continues its commitment to democratizing industry knowledge and empowering AI professionals worldwide.

To learn more and apply, visit: https://www.coursera.org/specializations/leadership-strategies-for-ai-and-generative-ai

About Fractal

Fractal is one of the most prominent providers of Artificial Intelligence to Fortune 500® companies. Fractal’s vision is to power every human decision in the enterprise, and bring AI, engineering, and design to help the world’s most admired companies.

Fractal’s businesses include Asper.ai (AI for revenue growth management) & Flyfish (generative AI for Sales). Fractal incubated Qure.ai, a leading player in healthcare AI for detecting Tuberculosis, Lung cancer, heart failure and stroke.

Fractal currently has 4500+ employees across 17 global locations, including the United States, UK, Ukraine, India, Singapore, Middle East and Australia. Fractal has been recognized as ‘Great Workplace’ and ‘India’s Best Workplaces for Women’ in the top 100 (large) category by The Great Place to Work® Institute; featured as a leader in Data Engineering services 2024 & Data Science Services 2024 by Information Services Group, Leader in AI and Analytics Services Specialists Peak Matrix Assessment 2021 by Everest Group, Leader in Customer Analytics Service Providers Wave™ 2023 by Forrester Research, Inc

About Coursera: 

Coursera was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with more than 148 million registered learners as of March 31, 2024. Coursera partners with over 300 leading university and industry partners to offer a broad catalog of content and credentials, including courses, Specializations, Professional Certificates, Guided Projects, and bachelor’s and master’s degrees. Institutions around the world use Coursera to upskill and reskill their employees, citizens, and students in fields such as data science, technology, and business. Coursera became a Delaware public benefit corporation and a B Corp in February 2021.