Data Science Archives - AiThority

Nylas and AE Studio Speed Up Development With Large Language Models

Business Wire — Tue, 09 Jan 2024 20:25:40 +0000

New partnership allows businesses to build faster across various coding languages while also exploring large datasets and the possibilities of generative AI within their tech stack

Nylas, the state-of-the-art communications platform giving developers universal access to email, calendar, and contacts providers through a single API integration, has announced a strategic partnership with AE Studio, whose development, design, and data science teams work closely with founders and executives to create custom software and AI solutions. Under the terms of the partnership, organizations will be able to leverage both Nylas’ best-in-class communications APIs alongside AE Studio’s top-tier development resources to accelerate development cycles and time-to-market. Additionally, companies will have access to resources and technology aimed at building workflows and products rich with intelligence and automation.

Finding top developer talent remains immensely important yet incredibly challenging. In a recent survey from Reveal, more than a third of respondents cited hiring and retaining skilled developers as their most difficult job to fill. The combination of Nylas and AE Studio will help businesses and their development teams build and maintain complex email and scheduling integrations, and leverage this rich data for AI applications, without needing to reallocate additional internal developer resources. Through Nylas and AE Studio, development teams can:

Add additional development resources combined with easy-to-use APIs to prioritize developer speed without compromising on efficiency or quality.
Leverage SDKs across major coding languages to speed up integration processes and reduce the effort and code required, such as AE Studio’s recent use of Nylas to reduce delivery by 3 weeks with entertainment project management client Filmik.
Begin exploring generative AI use cases such as workflow automation and LLM training with secure access to large email datasets.

“The importance and value placed on developer experience and the ability to infuse AI into product roadmaps and workflows are mission-critical tasks that companies of all sizes and industries are faced with,” said Jesse Ervin, Chief Revenue Officer at Nylas. “Our strategic partnership with AE Studio allows companies to prioritize both without needing to significantly increase developer workloads, coding efforts, or shift resources away from existing product roadmaps.”

Additionally, developers want to see their organizations invest more heavily in AI and workflow automation tools. In their 2023 State of Developer Experience report, Nylas found that two out of three developers want to harness AI and automation to create better user experiences.

“The currency for building AI with impact is data. Nylas makes data integrations easy while AE Studio’s team of top-tier developers and Ph.D. data scientists turn data into software that drives lasting ROI,” said Jevan Fox, Chief Revenue Officer at AE Studio. “Nylas is a core partner for our client work as they help us to drive efficiency and speed at scale.”

The partnership comes on the heels of Nylas being named to the Deloitte Technology Fast 500™ for the second consecutive year and being recognized as a Gartner^® Cool Vendor in Composable Customer Engagement Platforms, while AE Studio was recently named a Clutch Top Artificial Intelligence Company for the year.

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Care Continuity Secures $10 Million in Funding to Fuel Growth in Patient Navigation

PRNewswire — Mon, 08 Jan 2024 12:58:51 +0000

Care Continuity, a leader in data-driven patient navigation serving some of the country’s largest health systems, payers, and ACOs, announced the close of $10 million in Series A-3 funding co-led by Empactful Capital & Viewside Capital Partners with participation from Flat Creek Capital and Loop 289 Limited Partners.

The funding will enable Care Continuity to further its mission of helping health systems, payers and ACOs employ an efficient patient and member-centered care journey, as well as make strategic investments in growth, product development, and further enablement of AI to enhance Care Continuity’s already strong patient navigation offerings.

“As health systems grow in complexity, the need for compassionate, patient-centered services that help patients along their care journey has increased exponentially,” said Brad Prugh, CEO of Care Continuity. “Health systems have invested heavily in building comprehensive healthcare networks and want to see their patients fully utilize these networks. That’s where Care Continuity thrives.”

“This funding will allow us to enhance our navigation platform in meaningful ways for both providers and patients. This includes employing AI to increase our ability to expand our reach and improve the efficiency in which we connect with more patients,” said Prugh.

In addition to assisting health systems in reducing patient leakage by providing patient-centered navigation, Care Continuity’s advanced analytics, purpose-built digital tools, and one-to-one concierge interactions also provide payers, ACOs, and other risk-bearing entities in healthcare with a quality medium to engage members and navigate them to network care.

“Care Continuity’s patient navigation solutions address many of the problems patients face in our fragmented healthcare system,” said Sal DeTrane, Managing Director at Empactful Capital. “By efficiently and compassionately navigating patients along their care journey, Care Continuity helps health systems, payers and ACOs serve their patients and members while improving the integrity of their care networks.”

The announcement comes on the heels of impressive growth for the company, including a 60% Revenue CAGR, a 155% increase in navigated patients, and expansion of their product offering. The company has continued to build out its management team, including key hires in sales and marketing, technology, data science, and advisory services.

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From Troops to Tech Leaders: National University Paves the Way for Service Members to Transition into AI and Data Science Careers

Cision PRWeb — Fri, 22 Dec 2023 14:58:56 +0000

With prestigious National Science Foundation grant, Veteran-founded National University announces new bachelor’s degree helping active-duty military and Veterans up- and reskill for careers in data science and AI

National University, a nonprofit and Veteran-founded Minority Serving Institution that serves 50,000 degree-seeking students and 80,000 workforce and professional development students annually, announced the development of a new B.S. Data Science degree aimed at helping military service members and Veterans transition into the in-demand fields of data science and artificial intelligence (AI) technology. This effort is made possible through a $500,000 grant from the National Science Foundation (NSF) and will play a vital role in addressing the growing demand for professionals in these rapidly evolving sectors.

“Even as we grapple with understanding the vast and still emerging capabilities of artificial intelligence, we face an equally important obligation to ensure that this new AI and technology-driven economy is accessible for every learner and worker, including those who have served our nation in uniform,” said Dr. Jodi Reeves, National University department chair of data science and the associate director for education, diversity, and outreach for TILOS. “The U.S. armed services have long been at the forefront of artificial intelligence and data innovation, so we have a profound opportunity to align the talents of dedicated service members in transition and Veterans to meet the needs of a fast-changing—and increasingly tech-driven—economy where these same technologies will play an outsized role.”

Every year, approximately 500,000 members of the U.S. military depart active duty and begin the transition to the civilian workforce. The initiative comes as a response to the escalating demand for skilled individuals in data science and AI technology, with data science being the most in-demand job in the industry. As these fields continue to shape industries across the globe, the demand for experts in this domain is at an all-time high. According to the Bureau of Labor Statistics, data scientist roles are projected to grow 35% between 2022 and 2032, at a much faster rate than the average for all other occupations.

In 2021, National University was selected to be part of a prestigious team awarded a $20 million grant from the National Science Foundation (NSF) for its contribution to The Institute for Learning-enabled Optimization at Scale (TILOS), an AI institute led by the University of California, San Diego, alongside partners such as Yale University, MIT, the University of Pennsylvania, and the University of Texas at Austin. Through the grant, National University will receive $100,000 annually for five years to support faculty members developing new curriculum, in order to help the university serve its diverse student demographics, including working adults and members of the military community.

The AI reskilling program is one of several programs and initiatives created by National University in response to the growing demand for skilled workers who are passionate about the field of data science and AI technology. Since the AI institute’s inception, the AI specialization of M.S. Data Science has grown to be the largest specialization at National University, with 56% of the students being military affiliated. The new B.S. of Data Science degree will include concentrations in AI and machine learning, cybersecurity analytics, and bioinformatics. New courses begin in February 2024.

“To make good on our commitment to serving military and Veteran students to the best of our ability, we need to continuously find ways to bridge the divide between civilian systems of education and employment and our modern military we must evolve the programs we offer, and the ways in which we serve this unique population of learners,” said Meg O’Grady, Senior Vice President, Military and Government Programs at National University. “This is about creating inclusive pathways to careers in data, technology and artificial intelligence for Veterans and service members in transition—and finding new ways to align military skills and credentials with the needs of the emerging AI economy.”

Throughout its 50-year history, National University has established a strong reputation for its focus on serving military-connected students and Veterans. Today, its student population reflects the shifting — and highly diverse — demographics of higher education today. Approximately 70 percent of its students take the majority of their classes online. More than 25 percent identify as Hispanic, and 10 percent identify as Black. More than 80 percent of undergraduates are transfer students. The average age of its students is 33. And about 1 in 4 students are active-duty service members or Veterans.

Established in 1971 by retired U.S. Navy Capt. David Chigos, the university also has a rich history of commitment to military personnel. Recognized as a 2022-2023 Military Friendly School and a participant in the Yellow Ribbon Program, National University proudly offers over 190 degree programs, tailored to meet the needs of active-duty military members, Veterans, and their dependents.

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National University’s four-week course structure is designed to accommodate the unique demands of military life, enabling students to pursue their degrees without disrupting training, service and deployment schedules. In addition, the university’s Veteran Center assists in the transition from military to civilian life, offering guidance and support services. National University also utilizes transfer-friendly policies that enable students to leverage previously earned college credits, professional certifications, and military training.

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MIT Sloan Executive Education Launches New Course Offerings Focused on AI Business Strategies

Cision PRWeb — Fri, 22 Dec 2023 14:31:53 +0000

Course offerings provide business executives with strategic insights on Generative AI’s potential for digital transformation

MIT Sloan Executive Education announces two new courses on AI business strategies, Leading the AI-Driven Organization and Generative AI (GenAI) Business Sprint, led by Paul McDonagh-Smith, senior lecturer of IT and executive education. Leveraging insights from his 20 years of research and teaching focused on digital transformation and translating computer and data science into measurable business values, these courses will help business managers – particularly those responsible for strategic decision-making – learn how to create an effective roadmap for the implementation of AI in business practices.

Launching on April 22, 2024, “Leading the AI-Driven Organization” is a 5-day in-person program that focuses on building a clear path for strategically navigating and implementing the transformative landscape of the AI continuum, which spans from basic AI concepts to advanced technologies such as machine learning (ML), deep learning (DL), generative AI, and the journey towards artificial general intelligence (AGI). This course entails an interactive and engaging learning experience through a blend of informative lectures, hands-on workshops – including building a personal generative AI chatbot and training Machine Learning Models – and group activities.

leaders need to evolve their core skills to deliver sustainable impact and value creation in the age of AI,” says McDonagh-Smith. “No matter what role, function or industry you work in, generative AI is reshaping its operations and inviting us to reimagine how we can innovate and deliver value. We’re offering these courses to help leaders convert challenges to opportunities and realize the potentialities of AI technologies and their business models.”

Available now, “Generative AI (GenAI) Business Sprint” is the latest addition to MIT Sloan’s Business Sprint offerings, providing the opportunity for on-demand professional development. Structured as a 6-hour, self-driven, online course, participants can complete the lessons at their own pace any time over a 30-day period. Taught by world-leading generative AI faculty from the MIT Sloan School of Management and the MIT Schwarzman College of Computing, this course will enable participants to dive into technical methods underlying generative AI models and its barriers and explore how to use these technologies for organizations’ competitive edge.

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Quantum Computer Sources Majority of Components From Japanese Makers

AIT News Desk — Fri, 22 Dec 2023 08:12:09 +0000

A consortium of joint research partners including the Center for Quantum Information and Quantum Biology at Osaka University, RIKEN, the Advanced Semiconductor Research Center at the National Institute of Advanced Industrial Science and Technology (AIST), the Superconducting ICT Laboratory at the National Institute of Information and Communications Technology (NICT), Amazon Web Services, e-trees.Japan, Inc., Fujitsu Limited, NTT Corporation (NTT), QuEL, Inc., QunaSys Inc., and Systems Engineering Consultants Co.,LTD. (SEC) today announced the successful development of Japan’s third superconducting quantum computer (1) installed at Osaka University. Starting December 22, 2023, the partners will provide users in Japan access to the newly developed computer via the cloud, enabling researchers to execute quantum algorithms (2), improve and verify the operation of software, and explore use cases remotely.

The newly developed superconducting quantum computer uses a 64 qubit chip provided by RIKEN, which leverages the same design as the chip in RIKEN’s first superconducting quantum computer, which was unveiled to users in Japan as a cloud service for non-commercial use on March 27, 2023 (3).

For the new quantum computer, the research team sourced more domestically manufactured components (excluding the refrigerator). The research team confirmed that the new quantum computer, including its components, provides sufficient performance and will utilize the computer as a test bed for components made in Japan.

Moving forward, the research group will operate the new computer while improving its software and other systems for usage including the processing of heavy workloads on the cloud. The research team anticipates that the computer will drive further progress in the fields of machine learning and the development of practical quantum algorithms, enable the exploration of new use cases in material development and drug discovery, and contribute to the solution of optimization problems to mitigate environmental impact.

The joint research group is comprised of: Dr. Masahiro Kitagawa, (Professor, Graduate School of Engineering Science, Director of the Center for Quantum Information and Quantum Biology at Osaka University), Dr. Makoto Negoro (Associate Professor, Vice Director of the Center for Quantum Information and Quantum Biology at Osaka University), Dr. Yasunobu Nakamura (Director of the RIKEN Center for Quantum Computing (RQC)), Dr. Katsuya Kikuchi (Group Leader of the 3D Integration System Group of the Device Technology Research Institute at AIST), Dr. Hirotaka Terai (Executive Researcher at the Superconductive ICT Device Laboratory at the Kobe Frontier Research Center of the Advanced ICT Research Institute of NICT), Dr. Yoshitaka Haribara (Senior Startup Machine Learning and Quantum Solutions Architect, Amazon Web Services), Dr. Takefumi Miyoshi(Director of e-trees.Japan, Inc., Specially Appointed Associate Professor, Center for Quantum Information and Quantum Biology at Osaka University, CTO of QuEL, Inc.), Dr. Shintaro Sato (Head of Quantum Laboratory, Fujitsu Research, Fujitsu Limited), Dr. Yuuki Tokunaga (Distinguished Researcher at NTT Computer & Data Science Laboratories), Yosuke Ito (CEO of QuEL, Inc.), Keita Kanno (CTO of QunaSys Inc.), and Ryo Uchida (Chief Technologist of Systems Engineering Consultants Co.,LTD. (SEC)).

Research support

This research was supported by grants from:

– Japanese Ministry of Education, Culture, Sports, Science and Technology’s Quantum Leap Flagship Program (MEXT Q-LEAP) “Research and Development of Superconducting Quantum Computers” (Team Leader: Yasunobu Nakamura; Grant No. JPMXS 0118068682) and “Development of quantum software by intelligent quantum system design and its applications” (Team leader: Keisuke Fujii; Grant No. JPMXS 0120319794)

– Japan Science and Technology Agency (JST) ERATO’s “Nakamura Macroscopic Quantum Machine Project” (Team leader: Yasunobu Nakamura, Grant No. JPMJER1601), the Program on Open Innovation Platforms for Industry-academia Co-creation (COI-NEXT) “Quantum Software Research Hub” (Team leader: Masahiro Kitagawa, Grant No. JPMJPF2014), and Moonshot Target 6 “Development of Integrated Technology for Superconducting Quantum Circuits” (Team leader: Tsuyoshi Yamamoto, Grant No. JPMJMS2067)

– Council for Science, Technology and Innovation (CSTI), Cross-ministerial Strategic Innovation Promotion Program (SIP), “Promoting the application of advanced quantum technology platforms to social issues”(Funding agency : QST)”Development and Operation of Test Beds with Domestic Quantum Computers” (Team leader: Shinichi Yorozu)

[1] Superconducting qubits :A quantum computing system that uses a Josephson junction, a tunnel junction element, to realize quantum bits on an electronic circuit using a superconducting material. Because of the small scale of the energy difference of the 0 or 1 qubit state, it is necessary to cool the qubits to extremely low temperatures (to about -273°C) in a dilution refrigerator.
[2] Quantum algorithm :An algorithm that can be run on a quantum computer. Quantum algorithms are represented by a sequence of qubits that are changed one after another into different states or interact with other qubits.
[3] “Japanese joint research group launches quantum computing cloud service” (press release, March 24, 2023)About Center for Quantum Information and Quantum Biology at Osaka University

Center for Quantum Information and Quantum Biology consists of six research groups: Quantum Computing, Quantum Information Fusion, Quantum Information Devices, Quantum Communications and Security, Quantum Measurement and Sensing, and Quantum Biology, promoting researches in each field and transdisciplinary research among these fields as well as other academic fields. The center, as an international research hub for quantum innovations, promotes international academic exchanges and takes a key role in human resources development to social implementation.

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Accenture to Acquire Jixie’s Intelligent Digital Marketing Platform and Business in Indonesia

Business Wire — Thu, 21 Dec 2023 10:24:32 +0000

Jixie will bolster Accenture Song’s marketing transformation capabilities to help Indonesian businesses deliver more efficient and effective marketing efforts for sustainable growth Jixie’s intelligent digital marketing platform will boost Accenture Song’s marketing transformation capabilities and resources in Indonesia

Accenture has agreed to acquire the business of media and marketing technology company, Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song—the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth.

Headquartered in Singapore with a focus on servicing clients in Indonesia, Jixie offers a comprehensive suite of monetization and marketing growth tools. Its platform is a robust advertising ecosystem that connects publishers and brand owners with the ability to co-create solutions through reliable customer insights. This transforms marketing from a fragmented process with limited control into a strategic priority, amplifying simplicity while safeguarding brand safety, consumer data and privacy.

The integration of Jixie’s platform into Accenture Song’s marketing capabilities will help clients optimize customer data effectively and efficiently into actionable insights, regaining the control, speed and trust needed to securely capitalize on Indonesia’s fast-growing digital economy that’s projected to reach US$146 billion by 2025 before growing eightfold by 2030.

Jayant Bhagava, country managing director, Indonesia, at Accenture, said: “The convergence of marketing, data science and technology creates opportunities for businesses to redefine their customer engagement model. Jixie’s intelligent digital marketing solutions complement our technology expertise, providing a winning proposition for businesses to bring a higher level of personalization and effectiveness to their marketing efforts. This acquisition will allow us to better serve our clients in navigating complex marketing challenges in this era of interconnected digital world, which is crucial in driving long-term growth.”

With Jixie’s platform, publishers can access monetization tools, such as header-bidding solutions and performance marketing, to improve advertising returns. Brand owners can also seamlessly enhance and integrate content securely without intermediaries, allowing them to utilize valuable insights for unique and meaningful brand engagement. Jixie can help publishers double their monetization returns and support brand owners in significantly increasing campaign clickthrough and conversation rates while enriching customer data.

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“The value of data in today’s rapidly changing digital economy is immense, and the digital media ecosystem has seen much disruption, including the impending loss of third-party cookies. Jixie is an impactful platform that amplifies publishers’ perspectives and simplifies the digital marketing experience. This investment extends Accenture Song’s data-led commerce and marketing transformation work in Indonesia, empowering clients with highly relevant and results-driven solutions for sustainable business growth,” said Joseph Tan, Indonesia lead for Accenture Song.

Vincent Martin, co-founder and managing director, Jixie, said: “Jixie has seen proven success in its marketing performance capabilities that boost publishers’ revenue and the formation of an ecosystem that has attracted advertisers to run successful campaigns. The next step for us is scale. We’re thrilled to be joining Accenture and contribute to shaping a more sustainable media industry, helping companies leverage their data in a trusted and advantageous manner in service of their customers.”

Accenture Song in Southeast Asia has been making significant investments to help clients grow and be relevant to their customers today and into the future. The acquisition of Jixie’s business is the second investment made in Indonesia after the acquisition of Romp. It follows Accenture Song’s recent agreement to acquire Rabbit’s Tale in Thailand. Other recent acquisitions by Accenture Song globally include ConcentricLife and Fiftyfive5.

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Fractal Partners with Coursera to launch Data Science Professional Certificate

PRNewswire — Wed, 20 Dec 2023 12:22:00 +0000

The program is tailored to address skill requirements of aspiring data scientists and prepare learners for a Data Science role in 5 months

Fractal a global provider of artificial intelligence and advanced analytics solutions to Fortune 500^® companies, has partnered with Coursera, one of the world’s leading online learning platforms, to introduce a new entry-level Data Science Professional Certificate. This certificate empowers learners to acquire the necessary skills for an entry-level data scientist role.

“In this age of AI, half-life of knowledge is shrinking rapidly. The people who will succeed will need to adapt, learn to learn, and be creative problem solvers,” said Srikanth Velamakanni, Co-founder, Group Chief Executive & Vice Chairman, Fractal. “This certificate will help learners master the basics of data science and power enterprise decision-making.”

“We’re excited to leverage Fractal Analytics’ data science expertise to launch a new job-relevant certificate and equip learners with the skills needed to break into the field,” said Marni Baker Stein, Chief Content Officer, Coursera. “This partnership emphasizes our commitment to accessible, high-quality education for in-demand digital roles amid the growing need for data-driven decision-making and analytics in nearly every industry. Fractal Analytics will also prioritize the credential when evaluating job candidates, underlining the importance of micro-credentials in the hiring process.”

The certification program aims to equip aspiring data scientists, regardless of prior experience or skills, with the capabilities needed to thrive in an ever-evolving technological landscape. This eight-course program focuses on problem-solving, teaching learners to analyze and solve complex business problems using Python, SQL, Power BI, machine learning, and compelling storytelling to drive decision-making. Learners will engage in critical thinking to gain a deeper understanding of the core principles of data science, moving beyond operational knowledge.

Aligned with Fractal’s commitment to promoting education, fostering innovation, and contributing to economic growth, this program underscores the company’s dedication to providing high-quality education in data science.

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Real AI To Create Europe’s Premier Open-Source, Human-Centric LLM

Cision PRWeb — Mon, 18 Dec 2023 12:46:56 +0000

Real AI won the ISCRA project to build Europe’s first Human-Centered Large Language Model (LLM) on the Leonardo AI Computer Cluster, the world’s fourth largest. This project, named HOMINIS, aims to create ethical, bias-free AI systems using open, sustainable datasets.

At the Data Science in Belgrade It was announced that Real AI won the ISCRA project. Real AI is chosen to build Europe’s first-ever Human-Centered LLM on the world’s 4th largest AI Computer Cluster ‘LEONARDO’.

LEONARDO – the World’s 4the Largest AI Cluster

The Leonardo supercomputer, located at the CINECA data center in Bologna, is a high-performance computing powerhouse. It’s built around the Atos BullSequana XH2000 computer system, incorporating nearly 14,000 Nvidia Ampere GPUs. Leonardo ranks as the fourth fastest supercomputer in the world and second in Europe as of its inauguration in November 2022. This technical prowess positions Leonardo as a crucial asset for advancing AI applications across Europe.

REAL AI’s unique opportunity-

“I’m thrilled to spearhead Real AI’s mission with Project HOMINIS, to architect a human-centric AI that resonates with our ethos. The immense capabilities of the Leonardo AI compute cluster, millions of GPU hours, coupled with the strength of our partnerships, set the stage for us to craft the world’s inaugural sustainable, human-centered LLM.” – Tarry Singh, CEO, Real AI B.V.

Real AI will build the first ever Human-Centered LLM (large language model) by allocating substantial computing power in millions of GPU hours from Leonardo, to significantly accelerate the development of a LLM from scratch. This ambitious project positions Real AI at the forefront of AI development, committed to environmental stewardship and technological innovation.

Project HOMINIS –

Human-centered Open-source Model for Intelligent, Neutral and Inclusive Systems. Project HOMINIS aims to revolutionize AI by creating ethical, bias-free AI systems using open, inspectable datasets. Addressing toxicity in web-scale datasets, it proposes sustainable alternatives to AI foundation models, reducing environmental impact. The project’s four primary goals include: 1) Compiling high-value, diverse datasets from various sources, including scientific papers and knowledge bases, while eliminating biased content; 2) Conducting extensive ablation studies on transformer models and exploring alternative architectures; 3) Optimizing the foundation model using advanced techniques, leading to a preliminary release for community collaboration; 4) Implementing instruction tuning for ethical alignment, culminating in the final release of a responsibly trained AI model. Additionally, HOMINIS seeks to reduce energy consumption using innovative methods like Flash Attention and routing, enhancing data processing efficiency, and improving model interference and knowledge integration.

Real AI’s partnerships with UNINA AND NVIDIA –

UNINA, The University of Naples Federico II, has a notable record in significant initiatives. For example, the first Apple iOS Developer Academy in 2016, the Cisco Digital. Transformation Lab in 2018 and most recently (together with Real AI) is a founding member of Europe’s first Human-Centered AI Masters.

NVIDIA is the world’s largest AI company, having transformed the GPU into a powerful computing brain that intersects with virtual reality, high-performance computing, and AI.

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NIQ Unveils NIQ Labs to Drive Innovation and Foster Industry-Leading Talent

Business Wire — Thu, 14 Dec 2023 11:13:53 +0000

Chief Product Officer, Troy Treangen will lead NIQ Labs, Pioneering Innovation across the CPG Industry NIQ fast-tracking innovation with launch of GenAI-based ‘NIQ Ask Arthur’ in 2024

NIQ, a global leader in data and analytics solutions, is excited to announce the establishment of NIQ Labs, a groundbreaking initiative aimed at harnessing the collective power of top-tier talent and capabilities acquired through strategic M&As. Positioned as an innovation powerhouse within NIQ’s commitment to bolster sustainable growth through performance-enhancing investments, NIQ Labs stands poised to pioneer the future of inventive products and solutions aimed at tackling industry challenges. Over the past two years, NIQ has invested over $1 billion in operating investments in new data and capabilities to build a Full View™ of consumer shopping behavior to solve client problems and reveal pathways to growth. Coupled with investments, NIQ Labs taps into an extensive array of data assets, employing intuitive business intelligence tools that offer detailed market insights and predictive analytics driven by generative AI (GenAI) and authoritative data science.

With the introduction of NIQ Labs, the company is proud to announce the first new tool, ‘NIQ Ask Arthur’, a transformative GenAI-based tool that will be integrated into the Discover platform. This revolutionary solution empowers users with AI-assisted global search and personalized recommendations based on KPIs and always-on analytics. Offering AI-generated insights within reports, ‘NIQ Ask Arthur’ simplifies complex data interpretation and facilitates informed decision-making. Its conversational AI capabilities enable deeper investigations, guiding users through vast datasets and providing actionable insights. ‘NIQ Ask Arthur’ is a game-changer, reshaping data-driven decision-making and exemplifying NIQ’s commitment to delivering cutting-edge analytics solutions, propelling businesses toward success in dynamic landscape. Through the creation of NIQ Labs, ‘NIQ Ask Arthur’ ensures data safety and leverages the best models and tools available in this rapidly evolving emerging tech landscape.

“Introducing ‘NIQ Ask Arthur’ marks an exhilarating milestone for NIQ Labs and the Discover platform. This cutting-edge GenAI-powered tool revolutionizes data innovation and exploration, offering users AI-driven global search and personalized recommendations that redefine the way insights are harnessed,” said Troy Treangen, Chief Product Officer, NIQ. “’NIQ Ask Arthur’ represents a leap forward in our commitment to delivering top-tier analytics solutions, simplifying complex data and empowering decision-makers with actionable insights. It’s more than a tool; it’s a game-changer shaping the future of data-driven decision-making and exemplifying NIQ’s dedication to innovation in dynamic business environment.”

The genesis of NIQ Labs lies in recognizing that within each acquisition, there resides a wealth of specialized and technical resources. To harness the capabilities of NIQ associates, and maximize client value, NIQ Labs will bring together an impressive pool of ~400 engineers, data scientists, and technicians who possess exceptional specialized skill sets. This talented cadre will serve as NIQ’s dedicated innovation engine, focused on resolving internal, industry, and client challenges through cutting-edge technological solutions. They will work alongside ~3,000 engineers and ~700 data scientists who operate in NIQ’s broader business operations.

“NIQ Labs, driven by an agile and entrepreneurial spirit, aims to leverage AI and emerging technologies,” said Jim Peck, CEO of NIQ. “Our core objective is to foster scalable innovation within the NIQ ecosystem. Integral to this mission is a commitment to data governance. By prioritizing data integrity and security, we ensure a reliable foundation for AI utilization, promising unprecedented industry innovation. Our tailored approach empowers organizations to make informed decisions, ensure data consistency, and safeguard stakeholder interests. With NIQ’s solutions, businesses experience reduced inconsistencies, minimized errors, and enhanced data value. Our commitment to transparent processes and cost-effective coordination enables clients to thrive in a data-driven world, fostering innovation and growth.”

Led by Troy Treangen, the NIQ Labs leadership team is reinforced by the expertise of Xavier Facon, Mark Flynn, John Forese, Co-Founder of Data Impact Ludovic Gallen, Dana James, Dennis Madura, and Foxintelligence Founder and CEO Edouard Nattee. Their diverse and extensive skill set is the powerhouse driving NIQ Labs toward an era of groundbreaking achievements. This dynamic team pledges an innovative consulting approach, anchoring their efforts around five pivotal pillars:

Generative Artificial Intelligence (GenAI): The GenAI pillar strategically centers on deploying AI-generated technologies within the NIQ ecosystem with the support of ~700 data scientists. Building on NIQ’s extensive two-decade dominance in AI and machine learning, the introduction of GenAI will usher in novel technologies aimed at empowering front-end capabilities to drive client success. In response to clients’ pursuit of intelligent, context-driven assistance in navigating complex business landscapes, NIQ’s GenAI pillar is poised to provide essential solutions that guide them towards actionable strategies for success.
Global eCommerce: NIQ Labs is set to pioneer a revolutionary approach in global e-commerce measurement and shopper analytics. The team aims to redefine measurement methodologies, focusing on developing advanced consumer iOS and Android applications. These apps go beyond mere data collection, delving into intricate processing and in-depth analysis to establish unprecedented industry standards.
Product Attribution: Within NIQ Labs, the Product Coding pillar is led by an expert leveraging extensive experience to drive innovation. This leadership plays a pivotal role in harnessing ‘product insights’ as a cornerstone, unifying NIQ’s proprietary view of Omni measurement and activation for tracked products, ensuring continuous growth.
Retail/eRetail Media: NIQ Labs’ visionary initiative blends advanced technology and strategic insights to redefine the retail landscape. This leadership ensures unmatched consumer engagement, offering brands innovative ways to connect with their audience. The Retail Media pillar promises to set new standards in advertising by employing data-driven strategies for impactful brand visibility and customer-centric results.
Predictive Insights: NIQ Labs is enhancing its solutions and analytics through the integration of AI capabilities under strategic guidance. This initiative aims to leverage GenAI to transform consumer surveys, introduce pioneering analytics, and utilize intelligence from vast data repositories, positioning NIQ at the forefront of innovation and efficiency in predictive insights.

NIQ, through its innovative utilization of artificial intelligence (AI) and machine learning (ML), empowers retail and manufacturing clients in over 90 countries, impacting more than 1.4 million stores and handling trillions of records to derive actionable insights. The company’s agility and rapid deployment strategies have facilitated remarkable technological advancement. In the past year, NIQ’s Discover platform witnessed extraordinary growth, surging from 2,500 users in January 2023 to an impressive 40,000 across 71 countries today, showcasing the vast scale of NIQ’s technological expansion. This ability to rapidly deploy technology, enhance user engagement, and establish a global presence underscores NIQ’s unparalleled agility and innovation in the tech industry. These advancements facilitate accelerated insights across diverse industries, channels, and products, driving speed-to-insight at an unprecedented scale to deliver the Full View™.

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Dstillery Releases Audience Brief Genius a Free Tool That Generates Audience Recommendations From Briefs

PRNewswire — Wed, 13 Dec 2023 15:04:11 +0000

Company announces 20th and 21st patents, one of which includes audience search technology that powers new tool

Dstillery (“the Company”), the leader in AI ad targeting announced its latest technology developed on OpenAI to revolutionize audience discovery for programmatic campaigns. The Company’s new Audience Brief Genius tool turns audience briefs into a precise list of audience recommendations, streamlining the selection process for brands and agencies.

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Audience Brief Genius, a part of Audience Explorer, implements Dstillery’s technology and allows advertisers to simply paste in their audience briefs, including descriptions of interests, demographics, affinities, and other relevant information. This input is transformed using OpenAI’s technology into a format that can be quantitatively compared to similar representations of Dstillery’s audience taxonomy. The result is an instant display of the audiences that best match the brand’s audience briefs.

“With Audience Brief Genius powered by OpenAI, advertisers now have a way to use the latest in large language models to quantify the relationship between a persona and audience segments,” said Taejin In, SVP of Product at Dstillery. “This approach saves time compared to manually selecting audiences. Additionally, it ensures advertisers use audiences best aligned with their briefs, leading to better-targeted, more effective campaigns.”

Audience Brief Genius makes launching these audiences as simple as possible with clear paths to activation, whether via user-based segments, cookieless PMPs, or predictive bidding algorithms.

In addition to launching this new feature, Dstillery has been awarded its 20^th* and 21^st** patents. The Company’s 21^st patent describes its proprietary method of searching for audiences, implemented in Audience Brief Genius.

With its recent patent achievements and audience discovery tool, Dstillery continues to lead the industry in leveraging data science and AI. The Company has been widely honored by industry publications and associations, including AdExchanger, Ad Age, Business Intelligence Group, Fast Company, and IAB Tech Lab.

Read: Alteryx Launches New Alteryx AiDIN Innovations to Fuel Enterprise-wide Adoption of Generative AI

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