Category: Machine Learning

  • MIL-OSI Video: Africa deserves a permanent seat on the UN Security Council, UN Chief says | United Nations

    Source: United Nations (Video News)

    Speaking at the inauguration of a renovated Africa Hall in Addis Ababa, Secretary-General António Guterres said the continent deserved a permanent seat on the United Nations Security Council. He also called for resolute action and renewed solidarity to help Africa rise to its challenges.

    —————-
    Secretary-General António Guterres today (21 Oct) in Addis Ababa said, “there is now a consensus from Member States that the Security Council must be reformed, and there is a consensus of all Member States that the key aspect of that reform is to have two African members as permanent members of the Security Council.”

    Guterres, who took part in the 8th African Union–United Nations annual conference said, “Africa faces enormous obstacles to its development” which are “deeply rooted in the colonial legacy.”

    Speaking at a joint press conference after meeting with the African Union Commission Chairperson Moussa Faki Mahamat, he said, “African countries gained independence with their economies and to a certain extent, their societies distorted by the interests of the colonial powers that organized their economies to the benefits of the colonists.”

    The Secretary-General announced that, “we just decided to create the common working group with the Economic Commission for Africa and the African Union Commission to do serious research, to allow to contribute to the creation of an African strategy to bridge the digital divide and the Artificial Intelligence divide, and to overcome all the enormous structural difficulties and impediments that exist today, and to be able to claim the resources that will be necessary for it to be possible.”

    The AU – UN high-level discussions, co-chaired by Faki and the Secretary-General, focused on progress in the implementation of cooperation frameworks between the two organizations, as well as the operationalization of Security Council resolution 2719, which establishes the framework for financing of African Union-led peace support operations through UN assessed contributions.

    Participants also discussed joint action, as well as challenges linked to peace, security, development, human rights and the impact of climate change on the African continent. Discussions also included the implementation of the Pact for the Future.

    The Secretary-General also participated in a ceremony for the inauguration of a renovated Africa Hall. This hall was built for the Organization of African Unity, now the African Union.

    https://www.youtube.com/watch?v=9U_L0VXYSEA

    MIL OSI Video

  • MIL-OSI Video: Quantum technology will impact peace & security in many significant ways – Security Council Briefing

    Source: United Nations (Video News)

    Briefing by Robin Geiss, The Director of the United Nations Institute for Disarmament Research, on anticipating the impact of scientific developments on international peace and security, during the Security Council, 9753rd meeting.

    —————-
    The Director of the United Nations Institute for Disarmament Research, Robin Geiss, today (21 Oct) told the Security Council that as the scientific and technological landscape evolves at a “blistering pace, we often lack a clear sense of what is being developed, by whom, and with which resulting impacts, including for international peace and security.”

    Geiss, briefing a Council meeting on “anticipating the impact of scientific developments on international peace and security,” said “within the next 5 to 10 years, quantum technology will impact peace and security in many significant ways.”

    First, he said, “it will disrupt information and communication security by making traditional encryption techniques ineffective and therefore obsolete.”

    Second, he continued, “quantum sensors will enable the detection of objects underground or underwater, revolutionizing warfare, on the one hand, and monitoring and verification efforts, on the other.”

    Finally, Geiss added, “quantum computing will unlock a new era for AI by enabling computation of models that cannot currently be run on even the most powerful computers.”

    Also briefing the Council, the President of the Foundation Council (DCAF) at the Geneva Centre for Security Sector Governance, Amin Awad called on member states to “act with courage and foresight to ensure that emerging technologies fulfil their promise to advance global peace and security.”

    Awad said, scientific advancements in neurotechnology, synthetic biology, artificial intelligence and quantum computing are already reshaping our world,” and added that “no effort should be spared to ensure these developments are for the benefit of human and not for evil.”

    For her part, Japan’s Ambassador for Science and Technology, Kaji Misako, said, “the world must join forces to support innovation while properly mitigating the risks and misuse of emerging technologies,” and noted that Japan “has led the international discussion on the governance of advanced AI systems to achieve safe, secure, trustworthy AI, including through the Hiroshima AI process, launched in May 2023.”

    Speaking to reporters outside the Council before the briefing, Swiss Ambassador Pascale Christine Baeriswyl, joined by her Sierra Leonian and Slovenian counterparts, said “rapid scientific advances can accelerate the realization of the aspirations of the United Nations across all three pillars of its work sustainable development, human rights, as well as peace and security. We intend to prepare the Council for the future to act early and manage uncertainty. To that end, we will seek expert advice and collaborate with academic and research institutions to provide the Council with the needed evidence based information.”

    Council members are currently negotiating a draft presidential statement proposed by Switzerland in connection with today’s meeting on the impacts of scientific developments on peace and security.

    https://www.youtube.com/watch?v=wAgZ5tiWfsk

    MIL OSI Video

  • MIL-OSI: ZENMEV, a Pioneer in the New Era of Crypto Staking Platforms, Announces Its Launch

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) — ZENMEV, a leader in cryptocurrency investment, proudly announces the launch of a groundbreaking blockchain platform designed to revolutionize the staking landscape. With a vision to create transparent and profitable staking opportunities, ZENMEV aims to set a new standard that enables both individual and institutional investors to achieve stable returns.

    In recent years, the concept of Maximum Extractable Value (MEV) has emerged as a crucial element in decentralized finance (DeFi). MEV refers to the maximum profit that miners or validators can extract by reordering transactions within a blockchain. As blockchain technology has evolved, particularly with Ethereum’s transition from Proof of Work (PoW) to Proof of Stake (PoS), the complexity surrounding MEV has increased, presenting both challenges and opportunities for users.

    ZENMEV’s staking platform is specifically designed to maximize the potential of MEV, providing access to favorable opportunities that were once only available to advanced traders. By utilizing its own blockchain infrastructure optimized for MEV strategies, ZENMEV enhances the transparency and efficiency of the staking process. The platform eliminates intermediaries and centralizes operations, offering users greater reliability.

    Moreover, the platform integrates both Ethereum (ETH) and Binance Smart Chain (BNB) as its core ecosystems, providing compatibility and cross-chain functionality to maximize staking returns. Users can seamlessly deposit and stake digital assets like Ethereum and stablecoins such as Tether (USDT), which are pooled to support ZENMEV’s proprietary MEV strategies. Profits are distributed proportionally among stakers, ensuring transparency in how contributions are utilized and rewarded.

    ZENMEV: Revolutionizing Cryptocurrency Staking with AI-Powered MEV Strategies

    ZENMEV introduces a new paradigm in cryptocurrency staking and investment by leveraging cutting-edge technology and AI-powered analytics to help users understand the complexities of MEV and maximize their staking potential. With a focus on transparency and profitability, ZENMEV provides robust protection mechanisms and strategies, enabling investors to generate greater returns in the cryptocurrency market.

    Addressing the Complexity of MEV

    Within decentralized networks, users often encounter MEV—often described as an “invisible tax”—during transactions. MEV occurs when miners or validators manipulate the order of transactions for profit, potentially leading to losses for the user. ZENMEV tackles this issue head-on by employing advanced algorithms to identify MEV opportunities and monitor transactions in the mempool to accurately pinpoint profitable execution moments. This allows users to engage in more efficient transactions while mitigating the risks associated with MEV.

    Innovative Staking Solutions

    ZENMEV offers a staking system that minimizes MEV-related risks while maximizing profitability. The platform is designed with a user-friendly interface and fosters a fair competitive environment, enabling cryptocurrency investors to participate equally, regardless of their investment size.

    By integrating AI, ZENMEV utilizes machine learning and deep learning techniques to analyze vast amounts of data and predict market trends. This empowers users with real-time insights during the staking process, allowing for more informed decision-making.

    AI-Driven Profitability Maximization

    By incorporating AI, ZENMEV enhances the efficiency of cryptocurrency staking. The platform minimizes transaction latency and executes automated MEV strategies, enabling users to maximize their returns. Real-time data analysis powered by AI is provided to users, ensuring that ZENMEV’s strategies are continuously optimized for the best outcomes.

    With high-performance trading systems, ZENMEV offers users a more efficient staking experience. The platform prioritizes ethical and transparent MEV extraction, operating in ways that avoid negative impacts on the network’s stability.

    User Education and Community Engagement

    ZENMEV recognizes the importance of education in the rapidly evolving DeFi environment and provides comprehensive resources to help users navigate the complexities of the cryptocurrency market. By fostering active communication within the community, ZENMEV shares valuable insights and knowledge, empowering users to make better decisions.

    ZENMEV’s Vision for the Future

    ZENMEV plans to expand beyond Ethereum and Binance Smart Chain, integrating additional blockchain networks such as Solana and Cosmos. This multi-chain approach will allow users to take advantage of staking opportunities across various networks. Additionally, ZENMEV is focusing on developing advanced AI capabilities to enhance the platform’s predictive abilities, continuously improving users’ ability to generate returns.

    The platform’s long-term vision also includes the introduction of a governance model, allowing stakers and token holders to vote on platform upgrades and the implementation of new MEV strategies. This participatory approach ensures that the platform grows in alignment with the community, fostering a sense of belonging and engagement among users.

    In Conclusion, ZENMEV is opening new possibilities in the cryptocurrency staking space with its AI-powered MEV strategies and innovative staking solutions. By prioritizing transparency and ethical operations, ZENMEV is helping investors maximize their returns while paving the way for a more inclusive and sustainable future in cryptocurrency investing.

    Media Contact

    Brand: ZENMEV

    Contact: Media team

    Email: support@zenmev.com

    Website: https://zenmev.com

    The MIL Network

  • MIL-OSI United Kingdom: Mayor welcomes updates from Google to combat mobile phone theft

    Source: Mayor of London

    • New Android anti-theft features enhances security for billions of mobile phone users, with a Theft Detection Lock automatically locking the device if someone snatches it and tries to run, bike or drive away.
    • It follows the Mayor and Met Commissioner’s landmark meeting with world-leading mobile phone companies and ongoing partnership work to ‘design out’ mobile phone theft.
    • Android has a new comprehensive set of theft protection features designed to protect users and their data to make the phones less attractive to thieves.
    • The Mayor will continue to work with the global mobile industry on further measures that could put an end to the illegal trade in stolen mobile phones.

    The Mayor of London, Sadiq Khan, has today welcomed the introduction of new technology that will enhance security for Android phones and provide better protection for users, as part of work to ‘design out’ mobile phone crime in the capital and beyond.

    The Mayor visited Google’s London offices to hear about new state-of-the-art AI technology that will make Android mobile phones less attractive to thieves and protect users and their data. The new enhanced security includes automatically locking the screen if the phone is snatched and allowing remote locking of a stolen device.

    These updates are part of an ongoing partnership to ‘design out’ mobile phone robbery, and follow the Mayor and Met Commissioner’s landmark meeting with world-leading mobile phone companies at City Hall in October last year[1], where Sadiq called on them to find the most effective deterrents to combat phone theft.

    New figures show that mobile phone crime is driving the rise in robberies and thefts in the capital with 33 per cent of all robberies last year involving a phone being stolen – equating to more than 11,800 offences. And 69 per cent of all thefts in London last year related to mobile phones.[2]

    The Met is spearheading dedicated and targeted police work to prevent these crimes but the criminal demand for high-value mobile phones continues to grow. 

    Today the Mayor has praised the changes introduced by Google which will enable Android device owners to hide sensitive apps behind a separate PIN-locked area. The new update will also use AI and sensors inside a device to identify when a thief has grabbed and fled with a user’s phone, locking the screen to prevent them accessing it or any data stored on it. The new Remote Lock feature will lock a device using just the phone number should it be lost or stolen, which will help users who cannot remember their Google credentials in the moments after a theft, but still need to secure their personal data.[3]

    The Mayor is urging Londoners to ensure they install the latest Android software updates available and activate these settings to ensure their device is best protected against thieves. The Mayor also continues to work alongside other phone companies, including Apple who have taken action with the new iOS 18 software update making it substantially harder for iPhones to be broken up for parts in the UK and internationally.

    Sadiq will continue to work with the major phone companies to explore if all phones can be disabled following a theft, whether here in the UK or elsewhere in the world. 

    The Mayor of London, Sadiq Khan, said: “The theft of a mobile phone is hugely distressing and we are seeing numbers increase all around the world. While the Met are taking targeted action with patrols in London’s worst hotspots it is far too easy and profitable for criminals to repurpose and sell on expensive stolen phones.

    “Last year I called on mobile companies to do what they can to ensure that their devices are not appealing to thieves, and I’m pleased that Google are introducing these important new security updates.

    “We know there is much more still to be done to tackle this problem, but I am committed to continuing to work with the mobile phone industry and the Met to catch the criminals behind this appalling industry, as we build a safer London for everyone.”

    Katie O’Donovan, Director of Public Policy for Google UK: “Android’s new anti-theft features will give added security for billions of people, including Londoners. We were delighted to welcome the Mayor of London to Google today to demonstrate our commitment to device safety.” 

    Annika Bizon, Director of Marketing, Omnichannel & Head of Ireland – MX Division, Samsung Electronics, said: “At Samsung, we are deeply committed to protecting the security and privacy of our Galaxy users. Working with Google we are giving users complete control over their devices, ensuring their data remains secure even when their device is not physically with them. We are striving to offer an even more secure user experience. Information about additional updates will be shared in the near future.” 

    Claire Waxman OBE, London’s Independent Victims’ Commissioner, said: “Mobile phone crime is an extremely traumatic experience for every victim and has a lasting impact far beyond the loss of personal possession. What’s worse is that it can really heighten victims’ fear of crime and leave them feeling vulnerable as they go about their daily lives.

    “Our lives are on our phones, and they are a form of safety and comfort for people but taking someone’s device robs them of that security and leaves victims worrying about where their private data and information may end up.

    “That’s why I welcome the update from Google today and the introduction of this new technology is a step in the right direction in enhancing security and protection for Android phone users and their data. It is clear though that more improvements need to be made which is why I support the Mayor’s action with the mobile industry to come up with further measures that can make stealing phones less attractive for thieves and put an end to the illegal trade in stolen mobile phones.”

    MIL OSI United Kingdom

  • MIL-OSI: Navatar’s Latest CRM Platform For M&A Helps Investment Banks Leverage Superior Proprietary Intelligence As M&A Deal Activity Increases

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON, Oct. 22, 2024 (GLOBE NEWSWIRE) — The M&A advisory business relies on good intelligence. Bankers must connect a lot of disparate threads of information whether they are pitching, researching buyers, managing sponsors, executing mandates or simply prioritizing their agenda for the week. To do that, bankers must find a way to automatically capture and then connect all of this proprietary information, most of it gathered painstakingly from their network over time.

    The new Navatar platform is designed to capture and harness this intelligence for investment bankers. It uses AI to automatically capture information from all of the firm’s interactions and then consolidates intelligence for each company, person, lead, sponsor, pitch, mandate, sector or even a niche subsector.

    The ability to create a sector/subsector knowledge-base incorporating proprietary intelligence is becoming critical as sector-specific opportunities in technology, energy and life sciences drive deal activity, according to the latest EY M&A Activity Report.

    “Today’s market demands your A-game. Your A-game primarily relies on proprietary intelligence. This intelligence must be collated from all the information your team painstakingly acquires from your network. The new Navatar Platform will synthesize this intelligence to help step up your game,” said Alok Misra, CEO of Navatar.

    For more information on Navatar for M&A advisory, please visit:
    https://www.navatargroup.com/mergers-and-acquisitions-crm-software/

    ABOUT NAVATAR
    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, raises the bar to help dealmakers move beyond efficiency gains and focus on competitive differentiation. Navatar is used by hundreds of firms including private equity funds, M&A boutiques and bulge brackets, fund of funds, multi-asset credit, hedge funds, real estate funds, venture capital firms, corporate development groups, family offices, private placement and other financial services companies.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network

  • MIL-OSI: Xtract One Secures Contract with Global Automotive Manufacturer to Enhance Security at Select North American Facilities

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced that its AI-based security solutions have been chosen by a leading global automotive manufacturer of cars, SUVs, and pickup trucks to secure five of its North American facilities. System deployment will start at their Tennessee and Ohio locations, with plans for future installation at more facilities.

    After a comprehensive evaluation of available solutions, Xtract One was selected for the Company’s precise weapons detection capabilities and flexible integration into daily business operations and the physical environment. Aiming to enhance security and operational efficiency, this deployment sets a new standard for safety and innovation in the automotive industry while furthering Xtract One’s leadership in threat detection and security solutions in the space.

    “We’re excited to be working with another major player, our fourth, in the automotive field and to be expanding our growing scope of innovative customers across different industries,” said Peter Evans, CEO of Xtract One. “By implementing our cutting-edge solutions, we aim to provide security measures to combat modern threats and provide a seamless experience for all guests and employees. This deployment will also enhance operational efficiency, further demonstrating how our solutions fit seamlessly into the manufacturing facility landscape.”

    Xtract One’s security solutions enhance entry experience and detect threats while preserving guests’ privacy and comfort. These systems deliver fast, reliable, and frictionless screening that unobtrusively scan patrons for weapons and other prohibited items as they walk through. This eliminates the need to empty pockets and optimizes the guest experience by reducing time spent in security lines. The Company’s Multi-Sensor Gateway portfolio was recently awarded the U.S. Department of Homeland Security DHS SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT), highlighting the efficacy of Xtract One’s innovative security solutions in safeguarding public spaces against modern threats.

    To learn more, visit http://www.xtractone.com.

    About Xtract One
    Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that enable facility operators to prioritize and deliver improved “Walk-right-In” experiences while providing unprecedented safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffics. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit http://www.xtractone.com or connect on Facebook, X, and LinkedIn.

    Forward Looking Statements
    This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

    No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this release.

    For further information, please contact:
    Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   
    Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385
    Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645

    The MIL Network

  • MIL-OSI: CW Petroleum Corp (OTCQB: CWPE) Reduces Outstanding Shares by 81.66% Through Share Exchange Transaction

    Source: GlobeNewswire (MIL-OSI)

    Katy, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors it has reduced its Outstanding Shares of Common Stock from 122,445,898 to 22,445,898, an 81.66% reduction.

    Chief Executive Officer, Christopher Williams, has elected to exchange his 100,000,000 restricted shares of Common Stock for 1,000,000 shares of Series A Preferred Stock to reflect Mr. Williams’ previous ownership in 2022. The original share exchange occurred on June 14, 2022, and was effectuated due to a potential capital raise and up list to Nasdaq in 2023, which did not occur.

    6.14.2022 – Form 1-U
    2.10.2023 – Form 1-U

    Mr. Williams commented, “We are committed to growing the Company and providing shareholder value. This share exchange will help place the Company in a better share structure, allowing greater access to growth capital and greater market liquidity for its common stock in the open market. Company revenues for the nine months ended September 30, 2024 were $6.27MM”.

    Additional accurate information about the Company can be found on the OTC Markets website at the following links and on the EDGAR filing website provided by the Securities and Exchange Commission:

    CWPE Overview
    CWPE Security Detail
    CWPE Financials
    CWPE News
    CWPE Disclosures

    SEC Filings

    For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com, or call 281-817-8099

    About CW Petroleum Corp

    CW Petroleum Corp was incorporated in the State of Texas on April 29, 2005, and began operations in 2011. On April 14, 2018, CW Petroleum Corp was incorporated in the State of Wyoming. On April 15, 2018, the Texas corporation became a wholly-owned subsidiary of the Company through a share exchange. CW Petroleum Corp (Wyoming) is a holding company and through our wholly-owned subsidiary, we supply and distribute biodiesel, biodiesel blends, ultra-low sulfur diesel, gasoline blends, renewable gasoline, and a proprietary EPA-approved reformulated no ethanol gasoline to distributors, convenience stores, and marinas.

    Forward-Looking Statements

    Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

    No Offer or Solicitation

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    The MIL Network

  • MIL-OSI USA: UConn Ranked Among Top U.S. Universities for Patent Issuances

    Source: US State of Connecticut

    UConn has been named one of the top 100 universities for patent issuances by the National Academy of Inventors (NAI).

    UConn is number 72 on this list. In 2023, UConn inventions received 25 U.S. patents.

    “It’s a great feeling,” says Abhijit Banerjee, UConn associate vice president for innovation and entrepreneurship. “I think it’s a reflection of the University’s total research mission as well as the accomplishments our faculty and scientists are doing every day. Increasing in patents is just one reflection of that.”

    Published annually, this list highlights and celebrates U.S. universities that play a large role in advancing innovation and invention in the United States. NAI has published rankings since 2013, starting with the Top 100 Worldwide Universities list. Last year, they introduced the Top 100 U.S. Universities rankings.

    The National Academy of Inventors bases its list on data from the U.S. Patent and Trademark Office.

    By filing patents, UConn helps researchers protect their work from infringement by others. Technology Commercialization Services (TCS) actively commercializes patents for licensing to third parties and to support the creation of startups.

    A vast majority, approximately 90%, of UConn’s provisional patents are filed in-house with two attorneys hired in 2021. A fraction of provisional patents may still require the support of external law firms with expertise in special topics.

    This strategy has vastly reduced the cost of filing patents and helped UConn develop a more targeted strategy about what to patent based on the market it would be entering and its commercialization potential. It has also supported filing quality patents and better coordination with external law firms.

    TCS periodically reviews the University’s patent portfolio to identify patents for continuation, commercialization, infringement, and portfolio development.

    The University’s patent portfolios help demonstrate areas of research expertise, such as climate and sustainability.

    TCS not only supports researchers in filing patents but defends those patents in court if they are infringed.

    “At UConn, Technology Commercialization Services is the guardian angel for protecting our patents,” Banerjee says. “We are the ones that preserve one of the University’s most valuable assets which is intellectual property.”

    UConn’s patenting strategy reflects the University’s commitment to supporting research and innovation that contributes to the public good, Banerjee says.

    “Patents are a testament to faculty’s contribution to the field,” Banerjee says. “And it demonstrates faculty’s inclination towards research commercialization, entrepreneurship, and, most importantly from the University’s standpoint, having these patents do public good in the future.”

    MIL OSI USA News

  • MIL-OSI USA: Month of Discovery: Undergraduate Researcher Krithika Santhanam

    Source: US State of Connecticut

    Krithika Santhanam’s ’25 (CLAS) research activities started early on in her time at UConn.  

    During her freshman year, Santhanam reached out to Caroline Dealy, professor of orthodontics, about working in her lab.  

    Santhanam spent her first and sophomore years in Dealy’s lab, which researches treatments for osteoarthritis. 

    “Osteoarthritis is a condition where there’s a spontaneous degeneration of cartilage cells which impacts our joints,” Santhanam says.  

    There is currently no treatment for osteoarthrosis. That’s why Dealy’s lab is working on finding a way to get cartilage cells to spontaneously regenerate. Santhanam found that when certain BMP ligands, a type of molecule, were removed in mouse models, something caused cartilage cells in their knees to regenerate.  

    Santhanam had the opportunity to present her findings at the 16th International Conference on Limb Development, Regeneration, and Evolution and the New England Science Symposium at Harvard University.  

    “The amount of skills that I gained, the confidence that I gained through that opportunity as a freshman,” Santhanam says. “I was able to talk to professional scholars within the field, which was amazing.”  

    After identifying a new cell population within the cartilage of mice samples, Santhanam continued her work with Dealy through a SURF (Summer Undergraduate Research Find) Award. With the SURF Award, Santhanam dug deeper to determine what was causing the regeneration she had observed in the last step of her project.  

    “My project proposal was looking at what properties do these new cells have,” Santhanam says. “Because we have no idea what type of cartilage cells these are, what is allowing them to regenerate, what stage of chondrocyte maturation are they in?”  

    After a long process of trial and error, Santhanam found that the cells matched with a tag called RUNX2, which is related to bone cell differentiation. 

    Santhanam is now working with Fumilayo Showers, assistant professor of sociology and Africana studies, on a project looking at frontline and non-frontline health care workers during the COVID-19 pandemic in terms of how health care had to change during the pandemic and what we can learn from the emergency. 

    Santhanam is also currently putting the finishing touches on a documentary project about disability advocacy in South India that she made through the BOLD Scholars program.  

    Santhanam’s individualized major in health policy and racial disparities has allowed her to take classes in a wide array of subjects including women’s, gender, and sexuality studies and human development and family sciences. In these classes, she learned about harmful patient-provider interactions where individuals with disabilities do not feel heard or lack access to healthcare facilities in the first place.  

    “This was interesting to me because I feel like when we talk about intersectionality between race, class, gender, and all these things, sometimes we don’t think about disability as one of those social determinants of health,” Santhanam says.  

    Santhanam went to her parents’ home of Chennai, India to interview people involved in disability advocacy there. 

    “The differences and cultural stigmas I see when I go back really is something that is not talked about enough,” Santhanam says. “I know individuals with disabilities in India, and I know how that care is different, and I really want people to know that, and I also want people to know the positive strides that have been made in the past 20 years.”  

    Santhanam interviewed doctors and people involved with advocacy groups, including Dr. Aishwarya Rao, pediatrician, disability rights activist, and the founder of Better World Shelter, a rehabilitation shelter for women with disabilities; Sharada Devi, an assistant professor at the University of Kerala’s Institute of English; and KVJ Sumitra Prasad, founder of SAI Center, which promotes the importance of adults with disabilities living independently through the DORAI Foundation.  

    Santhanam will screen her documentary at UConn Storrs in January. 

    Santhanam plans to attend medical school after graduation with the long-term goal of opening a clinic focused on women’s health.  

    During her sophomore year, Santhanam participated in the UConn Health Leaders program where she screened patients for social determinants of health. She quickly realized that in Connecticut there are massive disparities in people’s ability to access healthcare, like healthy food and transportation that support wellbeing.  

    “That experience really was eye-opening,” Santhanam says. “Doing that program really made me feel like this is my calling, and really sent me into wanting to see what internal medicine was like. In my opinion, I believe primary care is the first place and the most important place where you can make an impact on someone’s health outcomes.”  

    MIL OSI USA News

  • MIL-OSI Russia: The city has provided over 10 hectares of land for the implementation of large-scale investment projects in the South-East Administrative District

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the year, the city has transferred seven land plots in the southeast of the capital to investors and developers as part of the implementation of large-scale investment projects (MaIP). This was reported by Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The city has allocated to investors for lease without bidding almost 10.7 hectares of land in the territory of the South-Eastern Administrative District for the construction of industrial, educational, commercial and other facilities as part of the implementation of large-scale investment projects. The contracts have been concluded for five years, during which the construction of real estate with a total area of almost 170 thousand square meters should be completed,” said Vladimir Efimov.

    A large-scale investment project is a special status. It can be obtained, for example, by production complexes, innovation centers, social institutions, transport, sports, business and other facilities. For their construction, land plots are leased without bidding.

    “Large-scale investment projects are one of the most popular measures to support industrial construction. Since 2022, in accordance with the order of Sergei Sobyanin, the city provides land plots at a preferential rental rate of one ruble per year. Thus, in May 2024, an investor was allocated more than 0.9 hectares for the construction of an industrial technology park with an area of over 13 thousand square meters in the Lyublino district,” said the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    The implementation of the MaIP allows for the creation of jobs for city residents and contributes to the development of the capital’s infrastructure.

    As the Minister of the Moscow Government, head of the capital’s Department of City Property added Maxim Gaman, almost 0.5 hectares of land has been allocated near the Tekstilshchiki metro station for the construction of a shopping and entertainment center (SEC). Its area will be up to 7.9 thousand square meters. It can accommodate offices, shops, a cinema, cafes, restaurants and other facilities. The new SEC will become another attractive place for residents of the area.

    Earlier Sergei Sobyanin told, that for the implementation of MAIP, about 220 hectares of land have been provided to investors since the beginning of the year. This is almost twice as much as for the same period in 2023.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145590073/

    MIL OSI Russia News

  • MIL-OSI: High Wire Networks Named to MSSP Alert’s 2024 List of Top 250 MSSPs

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., Oct. 22, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, announced it ranks among the Top 250 MSSPs (http://www.msspalert.com/top-250) for 2024, according to MSSP Alert, a CyberRisk Alliance resource.

    The Top 250 MSSPs for 2024 honorees were announced on October 15 at MSSP Alert Live. The 2024 MSSP Top 250 list reveal marks the first time the list has been unveiled at MSSP Alert’s annual live event. Honorees will also be celebrated at an evening party that coincides with MSSP Alert Live.

    The complete list is available at https://www.msspalert.com/top-250.

    MSSP Alert will release the full research report that goes with the MSSP 250 list on November 18. It will discuss the research results during a special webcast for which you may register for here: http://www.msspalert.com/webcast/top-250-mssps-for-2024

    High Wire Networks COO, Ed Vasko commented: “We are honored to be recognized for the fourth year in a row by MSSP Alert as a leading provider in the managed security service space. Our inclusion in the Top 100 is a testament to the hard work and dedication of our entire team in providing comprehensive, cutting-edge security solutions through our Overwatch managed security services ecosystem. By harnessing the full capabilities of our platform—from managed XDR to advanced edge protection—we effectively address the evolving needs of our partners and customers.”

    “MSSP Alert and CyberRisk Alliance congratulate High Wire on this honor,” said Jessica C. Davis, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs are an elite group of cybersecurity service providers, and they continue to outperform the overall cybersecurity services market. Members of this list are the best of the best.”

    MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.

    Operating at the core of High Wire’s security operation center is Overwatch SOAR™, a proprietary security orchestration, automation and response (SOAR) technology.

    The unique AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules that provide enhanced visibility, improved correlation, and faster remediation.

    High Wire offers its Overwatch managed security services exclusively through a global network of managed service providers (MSPs) and managed security service providers totaling more than 200 worldwide.

    High Wire’s SOAR technology serves as an exponential force multiplier for its dedicated teams of professional security experts, empowering them to deliver the most secure and cost-effective cybersecurity solutions available on the market today.

    High Wire’s Overwatch offering addresses a global cybersecurity market that is projected to grow at a 14.3% CAGR to reach $563 billion by 2032.

    High Wire was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024. It also received top 15 ranking in the new Frost & Sullivan (F&S) report on the cybersecurity industry, Frost Radar™: Managed Security Services in Americas, 2024.

    Across a field of more than 200 competitors, Frost & Sullivan ranked High Wire among the Top 15 Managed Security Service Providers (MSSPs) that are delivering the greatest results in the categories of growth and innovation.

    Porter discusses the Frost & Sullivan’s 2024 Managed Security Services report in the company’s YouTube video here.

    About CyberRisk Alliance

    CyberRisk Alliance provides business intelligence that helps the cybersecurity ecosystem connect, share knowledge, accelerate careers, and make smarter and faster decisions. Through our trusted information brands, network of experts, and more than 250 innovative annual events we provide cybersecurity professionals with actionable insights and act as a powerful extension of cybersecurity marketing teams. Our brands include SCWorld, the Official Cybersecurity Summits, Security Weekly, InfoSec World, Identiverse, CyberRisk Collaborative, ChannelE2E, MSSP Alert, LaunchTech Communications and TECHEXPO Top Secret.
    Learn more at http://www.cyberriskalliance.com.

    About High Wire Networks
    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End-customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S. based 24/7 Network Operations Center and Security Operations Center is located in Chicago.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements
    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

    Frost Radar™ is a trademark of Frost & Sullivan, Inc.

    High Wire Contact
    Susanna Song
    Chief Marketing Officer
    High Wire Networks
    Tel +1 (952) 974-4000
    Email contact

    Investor & Media Relations:
    Ronald Both or Grant Stude
    CMA Investor & Media Relations
    Tel +1 (949) 432-7557
    Email contact

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e06438d4-c5cc-43ee-9398-d444067df2fc

    The MIL Network

  • MIL-OSI: Richtech Robotics to Present at the LD Micro Main Event XVII

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR), a Nevada-based provider of AI-driven service robots, announces today that Matt Casella, President of Richtech Robotics, will present a corporate overview at the LD Micro Main Event XVII. The conference is being held on October 28 – 30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.

    Event: LD Micro Main Event XVII
       
    Presentation Date: Tuesday, October 29, 2024
       
    Time: 4:30 PM Pacific Time
       
    Register to watch presentation: https://me24.sequireevents.com/
       

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at http://www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    For more information, please visit https://www.richtechrobotics.com/.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Marketing Director
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network

  • MIL-OSI: Turbo Energy Teams with Connection Holdings to Introduce All-in-One, AI-Optimized SUNBOX Home Energy Storage System to U.S. Market

    Source: GlobeNewswire (MIL-OSI)

    VALENCIA, Spain, Oct. 22, 2024 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that the Company has partnered with Florida-based Connection Holdings, LLC (“CH”), the managing entity of brands operating in the performance marketing and lead generation sectors with focus on a broad range of industries, including the U.S. solar energy market. 

    Pursuant to the strategic advisory agreement entered into on October 18, 2024, CH will employ its organization’s award-winning market penetration capabilities and leverage its extensive nationwide network of leading U.S. solar installation companies to assist Turbo Energy in introducing and winning U.S. market share for the Company’s proprietary, all-in-one, Artificial Intelligence (“AI”)-optimized SUNBOX solar energy storage system designed specifically for residential application (“SUNBOX Home”).

    Turbo Energy Partners with Connection Holdings to Introduce SUNBOX Home to U.S. Market

    Mariano Soria, the Chief Executive Officer of Turbo Energy, stated, “With virtually thousands of SUNBOX Home installations spanning nine countries throughout Europe, we have been actively engaged over the past several months in progressing through extensive U.S. testing and certification processes to affirm that SUNBOX Home meets and exceeds American public and product safety standards for energy storage systems and equipment. We are very excited to be partnering with Connection Holdings to take the next pivotal step in our global expansion plan, introducing SUNBOX Home to the U.S. market in hopes that we will achieve meaningful market awareness and rapid adoption of what we believe is the industry’s most price-competitive, smart, all-in-one solar energy storage solution on the market today.”

    “We are very proud to have been chosen by Turbo Energy to lead the market launch of SUNBOX Home in the U.S.,” noted Edmond Pain, Managing Principal and Co-Founder of CH. “Considering that SUNBOX Home features scalable energy storage capacity that is up to four times greater than other leading residential energy storage systems available in the U.S., coupled with the fact that all components – inverter, batteries and AI-optimized software — are fully integrated in an innovative, all-in-one, elegantly designed system, we expect that market demand will be strong and immediate and grow exponentially in the coming years as sustainable solar energy storage solutions become a must-have for homeowners nationwide.”

    According to the Q3 2024 industry research report released by the Solar Energy Industries Association and Wood Mackenzie, homeowners and businesses are increasingly demanding solar systems that are paired with battery storage. California’s shift in net metering policy and state incentives for solar-plus-storage in other markets have driven attachment rates up in recent quarters. The report further states that by 2028, 28% of all new distributed solar capacity will be paired with storage, compared to under 12% in 2023.

    SUNBOX Home is a complete intelligent solar energy storage system powered by Turbo Energy’s patented AI algorithms and processes that allow homeowners to fully optimize the energy efficiency of their solar power panel installations. Moreover, the cloud-based Turbo Energy mobile app gives SUNBOX Home users total control over the storage system, including determining best times of day when to use the surplus energy stored, as well as providing complete real-time visibility into battery status, energy production, actual power usage and monthly cost savings. In addition, the app provides data-driven insight into weather and electricity price forecasts, among other vital metrics.  

    Turbo Energy’s  U.S. market launch will be led by a multi-month beta test, whereby Connection Holdings will coordinate the deployment of several SUNBOX Home system installations in residences located in key, high growth markets across the nation.  Following the conclusion of the beta test and analysis of collected data and feedback from installers and homeowners, Connection Holdings is tasked with implementing a national marketing campaign designed to ramp sales of SUNBOX Home and help to define and refine, as necessary, the U.S.-based infrastructure needed to support anticipated market demand in the months and years to come.

    About Connection Holdings, LLC

    Connection Holdings has built and consolidated a portfolio of U.S. companies which are trusted to provide award-winning performance marketing and comprehensive data analytic services to the nation’s leading solar, roofing, home improvement, consumer financial and health insurance companies. Its brands, which have collectively generated nearly $500 million in sales for its valued customers, include Solar Direct Marketing, Connecting the Dots, Home Direct Marketing, Senior Direct Marketing, Encompass Leads, Debt Direct Marketing, Vested Exchange and Blockhub. In 2021, 2022 and 2023, Solar Direct Marketing earned distinction as one of Inc. Magazine’s fastest growing, privately held companies in the country. Connecting the Dots was also named to Inc.’s top 500 fastest growing companies in 2022; and in 2023 and 2024 was nominated as the premiere Data Provider of the Year at the prestigious Affy Awards. For more information, please visit http://www.connectionholdings.com.  

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management.  Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies.

    For more information, please visit http://www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At Turbo Energy, S.A.
    Dodi Handy, Director of Communications
    Phone: 407-960-4636
    Email: dodihandy@turbo-e.com

    At Connection Holdings, LLC
    David Stodolak, Chief Executive Officer
    Phone: 919-802-1555
    Email: david@solardirectmarketing.com

    Attachment

    The MIL Network

  • MIL-OSI: Siili Solutions Plc Financial calendar and annual general meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc Financial calendar and annual general meeting 2025

    Siili Solutions Plc Stock Exchange Release 22 October 2024 at 15:15 EEST

    Siili Solutions Plc publishes its financial reports in 2025 as follows:

    • Financial statement bulletin for 2024 on 13 February 2025
    • Annual report 2024, including a sustainability report in accordance with CSRD, on week 11
    • Business review for January-March 2025 on 22 April 2025
    • Half-yearly report for January-June 2025 on 12 August 2025
    • Business review for January-September 2025 on 21 October 2025

    Financial statement bulletin 2024 and half-yearly report for 2025 will be published on or about 9:00 am. Business reviews will be published on the abovementioned days on or about 10:00 am at the latest.

    The annual general meeting of Siili Solutions Plc is planned to be held on 8 April 2025 in Helsinki, Finland. 

    Distribution:
    Nasdaq Helsinki Ltd
    Main media
    http://www.siili.com/en  

    For further information:
    Taru Kovanen, General Counsel
    Phone: +358 (0)40 4176221, email: taru.kovanen(at)siili.com

    Siili Solutions in brief:
    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. http://www.siili.com/en

    The MIL Network

  • MIL-OSI: RTI Joins the Common Vulnerabilities and Exposures (CVE®) Program as a CVE Numbering Authority (CNA)

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, has become the first DDS vendor to be named as a CNA by the CVE® Program. This designation showcases RTI’s commitment to system integrity by identifying vulnerabilities early, offering enhanced protection for customers. RTI will continue to adopt best cybersecurity practices which includes a secure coding standard, static and dynamic analysis tools, and extended endurance testing to improve systems across industries such as defense, medical, and automotive.

    RTI Connext®, based on the Data Distribution Service (DDS™) standard, is the trusted industry solution that delivers reliability, security, and real-time performance essential for highly distributed autonomous systems. As a CNA, RTI has established a vulnerability management and notification process to monitor and notify customers of any known vulnerabilities that may affect systems using RTI software. The goal is to ensure that Connext users receive the information needed to properly assess their impact, through well established mechanisms, and that solutions are provided in a timely manner.

    “By enhancing our visibility and control over the CVE publication process, we reaffirm our commitment to delivering top-notch cybersecurity for our customers,” said David Barnett, VP of Products and Markets at RTI. “This initiative will streamline our disclosure process, making it easier for users to access crucial information about vulnerabilities through a trusted, recognized platform. Our priority is ensuring the security of our customers’ systems, and we are committed to providing the best solutions to protect them against evolving threats.”

    CVE is an international initiative that relies on the community to identify and catalog publicly disclosed cybersecurity vulnerabilities. Once discovered, vulnerabilities are assigned and published in the CVE List. CNAs are organizations responsible for the regular assignment of CVE IDs to vulnerabilities, and for creating and publishing information about the risk in the associated CVE Record.

    Securing autonomous and intelligent systems requires constant and careful architecting of the entire framework. RTI enables customers to design robust, reliable systems that safeguard without sacrificing real-time performance. Whether it is a large application running on powerful hardware or an embedded application running on a resource-constrained device, RTI has the industry-leading security solutions for intelligent distributed systems.

    For more information about RTI’s approach to vulnerability detection and management, please visit the policy page. To learn more about RTI’s security offerings, please visit our website.

    About RTI
    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 250 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 400 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: http://www.rti.com/downloads

    The MIL Network

  • MIL-OSI: CrewAI Launches Multi-Agentic Platform to Deliver on the Promise of Generative AI for Enterprise

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO and SÃO PAULO, Oct. 22, 2024 (GLOBE NEWSWIRE) — CrewAI, a leading multi-agent platform, today announced $18 million in total funding that included an inception round led by boldstart ventures and a Series A led by global software investor Insight Partners. Additional investors include Blitzscaling Ventures, Craft Ventures, Earl Grey Capital, and several top angels in AI including Andrew Ng, a globally recognized voice in AI, and Dharmesh Shah, co-founder and CTO of HubSpot. 

    CrewAI’s open-source offering executes 10 million+ agents per month and is already used by nearly half of the Fortune 500. Building on the success of its open-source framework and in response to user demand, the company also launched CrewAI Enterprise, making it easier than ever for large organizations to quickly build, monitor, and iterate on complex AI agents with high-quality results. The company signed its first 150 beta enterprise customers in less than six months.

    More than 65% of companies are now using generative AI but almost all of them still express significant concerns about results accuracy and data security. These challenges are holding back the full potential of large language models (LLMs) for the enterprise. This is especially true for the automation of complex tasks in areas like marketing, accounting, and finance. Companies have not been able to use robotic process automation (RPA) for these use cases due to its rigid, deterministic approach, high implementation costs, brittleness, and inability to self-heal. 

    Developers in more than 150 countries are now using CrewAI to automate work processes and build AI-agent native features and applications. CrewAI is helping companies realize the enormous potential of LLMs by enabling AI agents to perform complex tasks that leverage LLMs in simple and complex workflows. CrewAI offers a range of advanced new features including self-iteration, performance evaluation, persistent memory, and a wide range of new agent collaboration structures.

    Enterprises are moving fast to adopt agents that deliver results
    The AI agent market is projected to grow explosively from $5 billion this year to nearly $50 billion by 2030. According to a recent Capgemini survey, 10% of large enterprise organizations already use AI agents, more than half plan to use them in the next year, and 82% will integrate them within the next three years. 

    “Agents are the key to unlocking AI’s potential and will completely redesign the way companies deliver products. RPA and LLMs alone can’t get you there. Savvy organizations around the world are already deploying multi-agentic applications to help run an entire business while moving fast,” said João Moura, founder and CEO of CrewAI. “We are seeing impact firsthand; in less than one year of launching CrewAI, we signed our first 150 beta enterprise customers. We are seeing 100,000 groups of multi-agent executions per day across hundreds of different use cases. We have made it easy for teams to build groups of AI agents to perform tasks using any LLM, integrate with more than a thousand different applications, and to do so in a way that protects their data privacy.”

    CrewAI Enterprise for deploying fast complex AI workloads that drive business value
    After a successful private beta, CrewAI is now launching its Enterprise Cloud offering, a universal platform that allows organizations to enable their teams to build crews of AI agents using any LLM or cloud platform – tailored to their unique, complex workloads – to achieve high-quality results. Built on top of CrewAI’s popular open-source framework, CrewAI Enterprise enables fast iterations by also offering templates, access to extensive VIP support, and built-in security. CrewAI Enterprise enables organizations to:

    • Plan & Build: Use either CrewAI’s framework or Crew Studio to easily build even the most complex multi-agents systems.
    • Deploy & Monitor: Bring these multi-agents automations into a production environment in a secure way with proper levels of access and control.
    • Assess & Iterate: Track ROI by using testing and training tools to constantly improve the efficiency and results quality – ensuring a fast track to value.

    The new CrewAI Enterprise platform enables teams of all sizes to build, deploy, and iterate multi-agent “crews.” These AI agent crews can be used to automate work processes and power new AI-agent native features and applications. During the beta, CrewAI saw companies build crews for hundreds of different use cases.

    For a deeper dive into how agents are working in the enterprise, join CrewAI for AI Agents Week at https://week.crewai.com/.

    Supporting Quotes
    “The widespread adoption of LLMs in the enterprise is creating an enormous opportunity for new revenue streams and cost reduction. The catalyst for this will be AI multi-agent platforms. CrewAI is one of the early leaders in this exciting space and Insight Partners is thrilled to be an investor. Joao has a big vision for what CrewAI can do and we are enjoying helping him and the team achieve that vision.”
    Praveen Akkiraju, managing director at Insight Partners 

    “CrewAI makes it easy and fast to develop both simple and complex multi-agent AI workflows. Its powerful orchestration features for enterprises—including memory and self-healing—help businesses go well beyond traditional automation. As a CrewAI user myself, I’m thrilled to be able to support João’s vision with an investment!”
    Andrew Ng, co-founder of Coursera and Stanford professor

    Supporting Resources

    About CrewAI
    CrewAI is the leading AI multi-agent platform. Built to fully leverage LLM’s reasoning capabilities and allow agents to work together, CrewAI’s open-source framework and enterprise platform powers more than 10 million agents monthly and 150 customers. With CrewAI, organizations can easily deploy and manage AI agents to automate complex tasks with a fast speed to value across a wide range of use cases, from research and analysis to coding and reporting. For more information, visit https://www.crewai.com/.

    The MIL Network

  • MIL-OSI: Crunchtime Unveils AI Forecasting

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Crunchtime, the leading provider of operations management solutions for the restaurant industry, today announced the availability of new artificial intelligence (AI) capabilities that enable restaurants to forecast their sales with even greater accuracy. By incorporating a custom-built machine learning algorithm into Crunchtime’s already powerful forecasting engine, the AI forecast provides restaurant teams with a new tool to more accurately predict customer demand.

    Even for a seasoned general manager, forecasting sales is difficult. This wreaks havoc on a restaurant’s profitability and creates a variety of costly operational issues related to inventory, waste, and staff scheduling.

    Over the past 12 months, Crunchtime has worked closely with customers to test, refine and improve its existing industry-leading forecast engine with the addition of AI forecasting capabilities. Early results have been promising with restaurants seeing an increase in forecast accuracy by up to 27% at different store locations during testing.

    “The restaurant landscape has become too competitive for managers to spend all their time in the back office using guesswork to forecast sales, order food, and schedule staff,” said John Raguin, CEO of Crunchtime. “By automating this time-consuming process with AI we’re delivering even better results. At one store location, the AI forecast was within 13 cents of actual sales, and the algorithm is only going to improve over time as more data is processed.”

    Crunchtime’s AI applies rigorous data science and analyzes a vast amount of a restaurant’s historical data to create a more accurate prediction of the store’s future sales, expected guest counts, and anticipated number of checks.

    Forecast data is integrated throughout the Crunchtime platform, as it drives critical recommendations for managers on the ideal number of hours to schedule labor, how much food to prep throughout the day, and how much food to order from vendors.

    “As an industry leader in forecasting, our focus is ensuring that restaurants have high-quality data, at the right time, for the right people, so restaurant teams can always make the best possible decisions about their food and labor operations,” said Erik Cox, VP of Product Management for Crunchtime. “AI forecasting is the first of many exciting applications of AI that our team will deliver to help restaurants and their teams thrive.”

    Crunchtime’s AI forecasting is included in both the Inventory Management and Labor & Scheduling solutions.

    To learn more about Crunchtime AI forecasting, visit https://www.crunchtime.com/ai-forecasting.

    About Crunchtime
    Crunchtime is how the world’s top restaurant brands achieve ops excellence in every location. Our software is used in over 150,000 locations in 100+ countries to manage inventory, staff scheduling, learning and development, food safety, operational tasks, and audits. Crunchtime enables customers, including Chipotle, Jersey Mike’s, Domino’s, Dunkin’, Five Guys, and P.F. Chang’s, to control food and labor costs and deliver great experiences. For more information, visit crunchtime.com.

    Media Contact:

    Cindy Poulos
    Vice President of Marketing Communications
    cindypoulos@crunchtime.com 

    The MIL Network

  • MIL-OSI: ManTech Earns FinOps Foundation’s FinOps Service Provider Certification

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) — ManTech, a premier provider of AI and mission-focused technology solutions, is now a FinOps Foundation FinOps Certified Service Provider. FinOps, a combination of “Finance” and “DevOps,” is an operational framework and cultural practice which maximizes the business value of cloud, enables timely data-driven decision making, and creates financial accountability through collaboration between engineering, finance, and business teams.

    “This certification milestone underscores our commitment to helping public sector clients align their cloud spend with mission outcomes,” said Stephen Deitz, President of ManTech’s Federal Civilian Sector. “We are proud to put the global seal of approval on our capabilities as a FinOps Certified Service Provider.”

    By obtaining this certification, ManTech has demonstrated its professional services are aligned to the FinOps Framework. Through a team of highly-talented FinOps practitioners, engineers, analysts and professionals, ManTech enables its clients to build their FinOps Capabilities and adopt FinOps best practices to maximize the value of cloud services. These skilled specialists possess a deep understanding of FinOps, its domain areas and its application to enhance cloud operations proficiently, economically and at speed.

    This signature achievement follows ManTech joining the FinOps Foundation as a Premier Member with Mr. Deitz serving on the FinOps Foundation’s Governing Board.

    About ManTech
    ManTech provides mission-focused technology solutions and services for U.S. Defense, Intelligence and Federal Civilian agencies. In business for more than 55 years, we are a leading provider of AI solutions that power full-spectrum cyber, data collection & analytics, enterprise IT, high-end engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at http://www.mantech.com.

    Media Contact:
    Jim Crawford
    ManTech
    Executive Director, External Communications
    (M) 703-498-7315
    James.Crawford2@ManTech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/830329b9-44c6-4379-a8d9-74f68540fc7c

    The MIL Network

  • MIL-OSI: KLAS Research Recognizes Proscia For Improving Patient Outcomes

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, Oct. 22, 2024 (GLOBE NEWSWIRE) — Proscia®, a global leader in AI-enabled pathology solutions for precision medicine, was named to KLAS Research’s 2024 Emerging Solutions Top 20 list of technologies best positioned to impact the Quadruple Aim of Healthcare. Its Concentriq® software platform was selected by healthcare leaders across the United States for improving patient outcomes. Awardees were celebrated at the HLTH USA event in Las Vegas, Nevada.

    “The 2024 Emerging Solutions Top 20 winners are truly disrupting the market with their innovative solutions,” said Adam Gale, CEO of KLAS. “These companies are demonstrating exceptional creativity and effectiveness in taking on some of healthcare’s biggest challenges. In many cases, they are not just keeping pace with the rapid changes in technology; they are setting the standard for excellence and driving the industry forward. We are excited to see how these solutions will continue to evolve and impact the healthcare industry.”

    KLAS enlisted 49 healthcare leaders to rank emerging solutions based on their potential to impact each arm of the Quadruple Aim: improve outcomes, reduce the cost of care, improve patient experiences, and improve clinician experiences. The top 5 solutions with the greatest potential to impact each arm were listed as winners. Among the hundreds of solutions KLAS evaluated, only those that customers scored an 85 or higher based on KLAS’ proprietary methodology in Spotlight or First Look reports were eligible.

    “Labs worldwide feel the impact of rising diagnostic burden and a shortage of pathologists. Slow processes and limited access to analog pathology data contribute to this burden,” said Eder Lagemann, Research Director at KLAS in the June 2024 Emerging Company Spotlight on Concentriq. “To help ease this burden, Proscia offers Concentriq, an enterprise pathology platform that allows organizations to digitize their labs and adopt AI applications that help deliver more efficient results.”

    KLAS’ Spotlight on Concentriq reveals the majority of Proscia’s customers surveyed saw immediate benefits, and all such customers achieved outcomes within 6 months of deploying it. Impacts cited include improving turnaround times, attracting more talent, laying the foundation to adopt a broad range of AI applications, and creating a real-world data archive for fueling research and development. Customers are also impressed with both the level of support they receive and Proscia’s pathology expertise. Working with a trusted partner that offers a world-class software platform has led 100% of Proscia’s customers surveyed to say they would buy again.

    “We are rewiring pathology with software and AI to fuel the fight against humanity’s most challenging diseases, like cancer,” said David West, Proscia’s CEO. “KLAS’ recognition underscores our commitment to giving pathologists the great software they deserve to benefit them and their patients.”

    Read the full 2024 KLAS Emerging Solutions Top 20 report here.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 14 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and was the first to secure CE-IVDR certification to advance digital pathology primary diagnosis in the European Union. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    About KLAS
    KLAS has been providing accurate, honest, and impartial insights for the healthcare IT (HIT) industry since 1996. The KLAS mission is to improve the world’s healthcare by amplifying the voice of providers and payers. The scope of our research is constantly expanding to best fit market needs as technology becomes increasingly sophisticated. KLAS finds the hard-to-get HIT data by building strong relationships with our payer and provider friends in the industry. Follow KLAS on LinkedIn. Learn more at: klasresearch.com.

    Sydney Fenkell
    Head Of Marketing Communications
    215-816-3436
    sydney@proscia.com

    The MIL Network

  • MIL-OSI: TrueCommerce Unveils ReplenishAI™: an Industry-First, AI-Enhanced, Demand Planning and Replenishment Solution for Vendor Managed Inventory 

    Source: GlobeNewswire (MIL-OSI)

    PITTSBURGH, Oct. 22, 2024 (GLOBE NEWSWIRE) — TrueCommerce, a global provider of supply chain and trading partner connectivity, integration and omnichannel solutions, today announced the launch of ReplenishAI. This industry-first, artificial intelligence (AI)-powered solution leverages AI algorithms to analyze historical sales and generate demand pattern clusters, equipping businesses with clearer insights into optimal replenishment strategies with unprecedented accuracy. 

    Identifying products that follow promotional or seasonal sales patterns is a very manual and time-consuming process—sometimes taking weeks or months. ReplenishAI dramatically shortens this timeline to hours, efficiently reviewing tens of thousands of items, identifying key demand trends, and predicting when inventory spikes will occur. The AI-driven data is seamlessly integrated into TrueCommerce’s VMI solution, delivering superior demand planning and replenishment optimization. For added confidence, the models are validated against historical data to ensure accuracy and reliability.

    The ReplenishAI solution leverages AI to analyze a company’s entire product portfolio, automatically grouping items into clusters based on their unique demand patterns. Some key processes of the solution include:

    • Data Standardization: Takes product-level demand data over time and standardizes it, ensuring consistency across different units of measure, whether the product is tracked by case, pallet, or other metrics. 
    • Demand Smoothing: Eliminates disruptive data spikes, making it easier to produce generalized, actionable insights for replenishment.
    • AI-Powered Clustering: Applies sophisticated algorithms to group products into distinct profiles based on yearly demand trends, unlocking more accurate, efficient replenishment strategies.

    “Driving innovation that addresses our customer needs is a strategic priority of our team, and ReplenishAI delivers on this strategy,” said TrueCommerce’s Senior Vice President and General Manager of VMI solutions, Lee Kimball. “This AI-driven solution reduces human effort and error while optimizing inventory levels throughout the seasons. With ReplenishAI, maximizing sales and minimizing residual inventory in support of seasonal and promotional demand becomes a reality for our customers. We’re excited to be leading the charge as the first mover in this space, demonstrating how advanced VMI technology can deliver even greater efficiency and impact than ever before.”

    For more information visit: https://www.truecommerce.com/solutions/vmi/.

    Connect with TrueCommerce

    About TrueCommerce

    At TrueCommerce, we empower businesses to improve their supply chain performance and drive better business outcomes. Through a single connection to our high-performance global supply chain network, businesses receive more than just EDI, they get access to a fully integrated network that connects their customers, suppliers, logistics partners and internal systems. Our cloud-based, fully managed services help businesses achieve end-to-end supply chain management, streamlined delivery, and simplified operations. With 25+ years of expertise and trusted partnership, TrueCommerce helps businesses reach their true supply chain potential today while preparing them for the future with our integration-agnostic network. That’s why thousands of companies—from SMBs to the global Fortune 100, across various industries—rely on us. To learn more, visit https://www.truecommerce.com.

    TrueCommerce and ReplinishAI are trademarks of True Commerce, Inc. All other trademarks are property of their respective owners.

    The MIL Network

  • MIL-OSI: Employ Recruiter Nation Report 2024 Uncovers Data and Insights that Can Help Recruiters Prioritize a People-First Approach to Hiring

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) — Employ Inc., a leading provider of people-first recruiting and talent acquisition solutions including JazzHRLeverJobvite and NXTThing RPO, today announced the release of the Employ Recruiter Nation Report 2024.

    The annual report, this year titled “Empowering People-First Recruiting,” leverages findings from a survey of more than 1,200 talent acquisition decision makers and recruiters in North America and proprietary recruiting data from 22,000+ Employ customers. The report provides key insights into the current state of talent acquisition, top challenges, and where future investments should be made to scale recruiting efforts and influence outcomes.

    The most significant challenges recruiters face today were shared by one-third of respondents: competition for talent from other employers (37 percent in 2024 versus 30 percent in 2023), not enough people to fill open positions (33 percent in 2024 versus 3 percent in 2023), and too many candidates applying for open positions (26 percent in 2024 versus 24 percent in 2023).

    TA decision-makers also indicated not being able to offer remote or hybrid work (22 percent), poor communication from candidates in the hiring process (21 percent), and not being able to compete on salary requirements (20 percent) as top challenges their companies face when hiring.

    “Businesses have responded to market challenges through strategic investments made to enhance hiring processes and focus on flexibility, scalability and speed,” said Steve Cox, CEO of Employ. “Employ data shows that 64 percent of businesses expect to increase their recruiting budgets in the next 12 months, with 64 percent of that group expected to increase investments in new recruitment technology processes specifically.”

    Cox added, “The challenge is not only finding candidates fast but also finding qualified candidates and meeting them where they are. Whether you’re exploring the use of AI or improving your reporting capabilities, putting candidates and their needs at the center of your hiring process will be critical. When choosing where to invest, look for a solution that solves current and evolving needs and also one that puts people first.”

    The report also revealed:

    • Time to fill roles has dropped by seven days (41 in 2024, down from 48 in 2023).
    • Forty-seven percent of TA leaders focused on a faster hiring process overall in 2024 compared to 42 percent in 2023, followed by incorporating AI-powered technologies, which made a 10 percent jump to 44 percent compared to 34 percent in 2023, and increasing salaries for new open jobs (41 percent in 2024 versus 40 percent in 2023).
    • Sixty-three percent of recruiters and TA decision-makers already use AI to augment their current recruitment technology, up from 58 percent last year. Similarly, 89 percent of this group are using AI frequently or very frequently—an increase of 7 percent from last year’s 82 percent.
    • To further support the traction AI-powered recruiting tools are gaining, 71 percent plan to increase their budgets in that area, up 12 percent from 2023. The next ranking area, candidate relationship management, came in at 46 percent, followed by applicant tracking systems (44 percent), diversity, equity, and inclusion initiatives (41 percent), and sourcing (40 percent).
    • Job boards increased as the most effective channel in growing employer brand in 2024, with a 12 percent increase over last year taking it to 67 percent. Social media also saw a relevant increase of 7 percent (up to 54 percent). Employee referrals and career websites tied for third at 35 percent, while internal hires fell 13 percent to 22 percent.
    • A growing number of organizations are expected to move to a 100 percent in-office model—34 percent in 2024 compared to 17 percent in 2023, bringing fully remote policies to 9 percent versus 27 percent last year.

    “Hearts and minds are won and lost in the acquisition process,” said Stephanie Manzelli, CHRO of Employ. “That’s why a people-first experience is so essential. Giving talent acquisition teams more time to focus on building employer brand and cultivating relationships with candidates will positively impact both short- and long-term business results.”

    To read more about additional challenges and opportunities for TA leaders and an outlook for 2025, download “Empowering People-First Recruiting” here.   

    To learn more about Employ Inc. and its solutions, please visit http://www.employinc.com.

    About Employ Inc.
    Employ Inc. provides people-first recruiting solutions that empower companies to overcome their greatest hiring challenges. Serving SMBs to global enterprises, Employ focuses on the unique recruiting needs of each organization — from foundational hiring to sophisticated talent acquisition. Employ is the only organization to offer companies choice in their hiring solutions, providing a curated set of recruiting technologies and services. Together, Employ and its solutions (JazzHR, Lever, Jobvite and NXTThing RPO) serve more than 22,000 customers across multiple industries. For more information, visit http://www.employinc.com.

    The MIL Network

  • MIL-OSI: Cangrade Launches Jules for Self-Discovery—Your Free, Personalized AI Life Coach

    Source: GlobeNewswire (MIL-OSI)

    WATERTOWN, Mass., Oct. 22, 2024 (GLOBE NEWSWIRE) — Cangrade today introduced Jules for self-discovery—a new, breakthrough feature that empowers anyone with a growth mindset and a desire for self-improvement to find their purpose and direction. Serving as your own, free-to-use, generative AI-powered career and life coach, Jules for self-discovery can help individuals navigate challenges, uncover personal insights, and reach their goals based on their unique personality intelligence.

    While AI-backed self-reflection and personality assessment tools exist, current solutions lack the breadth of personal data required for true self-discovery. Additionally, human life coaches can be hard to access, time- and resource-intensive, and specialize in different areas. Jules for self-discovery can solve these challenges by measuring 50 unique personality traits and building contextual awareness to uncover not only what drives you, but where you want to go.

    Some questions Jules Self-Discovery can shed light on include:

    • What skills do I need to work on to get a promotion?
    • How can I set better boundaries?
    • How can I stop comparing myself to others on social media and focus on my journey?
    • I’m procrastinating on a project, how can I get motivated?
    • What role should I take on next in my career?

    “Understanding and being true to ourselves can lead to massive shifts in our personal and professional lives, but as humans, we often need outside sources to make sense of this information,” said Gershon Goren, Founder and CEO, Cangrade. “Jules goes beyond simple personality quizzes and generalized insights, giving you highly personalized, actionable strategies to help you up-level your life and career. In just 15 minutes, you can start making real moves to get a promotion, improve your sleep schedule, navigate difficult conversations, and beyond.”

    Jules for self-discovery is the natural progression of Jules, the company’s AI Copilot for Human Resources (HR), announced last month. Unlike the initial offering, which focuses on helping HR professionals make more strategic, data-backed talent decisions, Jules for self-discovery is for anyone interested in navigating and accelerating their personal and professional life.

    To start enhancing your career and life today, get started with Jules. For more information about Cangrade’s AI-powered, bias-free hiring and talent management solutions, visit http://www.cangrade.com.

    About Cangrade
    For HR leaders, Cangrade is the bias-free, AI-powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit http://www.cangrade.com.

    Media Contact:
    Gina Devine
    Public Relations
    press@cangrade.com

    The MIL Network

  • MIL-OSI: Alvarez & Marsal selects Intapp to strengthen deal management

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that global consulting firm Alvarez & Marsal has selected Intapp DealCloud as its deal and pipeline management solution. Alvarez & Marsal’s rapidly expanding Corporate Finance practice group will use DealCloud to manage origination, sales pipeline, and deal workflows.

    Supporting teams with technology
    “We see Intapp DealCloud as a key foundational element that will let us establish best practices as we build our Corporate Finance practice,” said Jonathan Boyers, Managing Director and Head of Alvarez & Marsal’s Corporate Finance practice in EMEA. “With DealCloud, we’ll create a centralized deal management hub that will help us efficiently manage complex deals and speed execution.”

    Modernizing deal management
    Using DealCloud as its centralized deal management platform, Alvarez & Marsal’s Corporate Finance team will be able to efficiently manage origination, pipeline, deals, and execution using a single solution. The firm’s corporate finance professionals will find and reference communications, workflows, and other data relating to deals and client pursuits in the platform. In addition, access to collective firm intelligence will help teams accurately track and forecast deals and pipeline, and accelerate execution. By centralizing engagement data, DealCloud will help Alvarez & Marsal transform average daily activities into actionable trends and industry developments.

    Alvarez & Marsal will use DealCloud’s advisory industry blueprint, which is preconfigured specifically for consulting firms. The blueprint includes key features like automated data management, pipeline and forecasting, execution and process management, and reporting capabilities. The industry blueprint and Intapp’s templated data migration process will accelerate Alvarez & Marsal’s implementation, delivering faster time to value.

    Multiplying success with Intapp
    “We’re excited to work with Alvarez & Marsal’s Corporate Finance group to provide a foundational deal management hub that will help them manage their business,” said Erin Guinan, General Manager of DealCloud at Intapp. “We’re thrilled to see consulting firms, especially those as prominent as Alvarez & Marsal, continue to turn to Intapp for software that improves firm performance.”

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and connect with us on X, formerly Twitter (@intapp) and LinkedIn.

    About Alvarez & Marsal
    Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement, and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

    With more than 10,000 people providing services across six continents, we deliver tangible results for corporates, boards, private equity firms, law firms, and government agencies facing complex challenges. Our senior leaders and their teams leverage A&M’s restructuring heritage to help companies act decisively, catapult growth, and accelerate results. We are experienced operators, world-class consultants, former regulators, and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

    To learn more, visit: AlvarezandMarsal.com

    Intapp
    Ali Robinson
    Global Media Relations Director, Intapp
    press@intapp.com

    The MIL Network

  • MIL-OSI: Orbital Materials to Advance Materials and Climate Technologies with AI, Using Investment from NVentures

    Source: GlobeNewswire (MIL-OSI)

    Princeton, N.J., Oct. 22, 2024 (GLOBE NEWSWIRE) — Today, Orbital Materials (Orbital), a company that uses its proprietary AI platform to incubate advanced materials and climate technologies, announced that it has received a significant investment from NVentures, NVIDIA’s venture capital arm.

    “This investment is a milestone for Orbital. With NVentures’ backing, we will continue to push the frontier of engineering at the atomic scale by accelerating our investment in compute, team and our pipeline of advanced materials and climate technologies,” said Jonathan Godwin, CEO and Co-Founder of Orbital Materials.

    AI is a key enabler for climate science and sustainability, from improving resource efficiency to climate and weather prediction,” said Mohamed ‘Sid’ Siddeek, corporate vice president at NVIDIA and head of NVentures. “Orbital Materials’ application of AI to the discovery of new advanced materials can help spur design and deployment for new climate technologies faster  and across a variety of fundamental technologies.”

    Better advanced materials, such as semiconductors, batteries, and catalysts, are the building blocks of the next generation of transformational technologies. However, the development of advanced materials normally takes years of trial and error. Orbital leverages its proprietary AI technologies at its advanced materials R&D facility in Princeton, NJ to design, test, and deploy new advanced materials and climate technologies faster and more accurately than is possible with human input alone.

    Orbital recently released ‘Orb’, the world’s fastest and most accurate AI model for simulating advanced materials. Built upon Orbital’s proprietary foundation model (LINUS), Orb outcompetes models from Google and Microsoft on accuracy and speed. Read about ‘Orb’ here.

    To learn more about Orbital, visit http://www.orbitalmaterials.com 

    About Orbital:
    Launched in 2022, Orbital Materials (Orbital) is leveraging AI to accelerate and redefine the discovery,  testing, and deployment of advanced materials and climate technologies. Traditional methods of discovering these technologies have long relied on time-consuming trial and error processes in the lab, often resulting in years of experimentation before success is achieved. By leveraging its proprietary AI technologies at its advanced materials R&D facility in Princeton, Orbital designs, synthesizes and deploys end-to-end climate technologies quicker than possible with human input alone. 

    LEARN MORE:

    The MIL Network

  • MIL-OSI: Starbox Launches “StarboxAI VI-Pro – Live Streaming System”: Supporting Starbox’s Merchants in Live Streaming Social Commerce

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, Oct. 22, 2024 (GLOBE NEWSWIRE) — Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that its wholly owned subsidiary, Starbox Technologies Sdn. Bhd. (“Starbox Technologies”), is launching “StarboxAI VI-Pro – Live Streaming System,” a platform designed to support Starbox’s over 800 existing merchants in their live streaming social commerce efforts. This artificial intelligence (“AI”)-powered system enhances digital interaction and is expected to boost sales performance with automated content creation and real-time engagement tools.

    What distinguishes StarboxAI VI-Pro – Live Streaming System is its integration with the Company’s existing cash rebates ecosystem, which currently serves Starbox’s over 2 million existing users. The integration allows merchants to offer real-time cash rebates during live streaming events, creating a seamless experience for merchants and users alike, incentivizing users to engage and purchase products. Starbox Technologies will keep a percentage of the cash rebates generated from successful sales as revenue.

    With StarboxAI VI-Pro – Live Streaming System, merchants can broadcast 24/7 on platforms such as WeChat Channels, allowing continuous audience engagement. The system can read out live streaming content, respond to audience questions in real time, and guide the audience toward purchasing products. These features can help merchants provide immersive shopping experiences and are anticipated to increase sales conversion rates.

    Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox, remarked: “The launch of StarboxAI VI-Pro – Live Streaming System reflects our commitment to empowering merchants with AI technology. We believe this unique link to our existing cash rebates ecosystem with over 2 million users will enhance the live streaming experience while driving sales. With real-time interaction, 24/7 live streaming, and seamless purchase guidance, merchants may be able to engage customers and expand their market reach.”

    This launch aligns with Starbox’s vision to strengthen the social commerce landscape, complementing the recent successful launch of AI-Driven Digital Human System for merchants on WeChat Channels. As demand for personalized and interactive content grows, Starbox expects to continue to introduce innovative solutions to improve how businesses communicate, engage, and succeed in the digital era.

    About Starbox Group Holdings Ltd.

    Headquartered in Malaysia, Starbox is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive technology solutions provider within Southeast Asia and also engages in building a cash rebate, advertising, and payment solution business ecosystem, targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company’s website: https://ir.starboxholdings.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

    For more information, please contact: 

    Starbox Group Holdings Ltd.
    Investor Relations Department
    Email: ir@starboxholdings.com

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network

  • MIL-OSI: Šiaulių Bankas will announce Q3 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    We would like to invite our shareholders, investors, analysts and other stakeholders to join Šiaulių Bankas Investors webinar for Q3 2024 financial results and highlights scheduled on 31 October, 2024 at 8:30 pm (EET). The presentation will be held online in English.

    The webinar will be hosted by Vytautas Sinius, CEO, Tomas Varenbergas, Head of Investment Management Division and Tautvydas Mėdžius, Strategy Partner, who will introduce the Bank’s financial results for the third quarter of 2024 and recent developments, as well participants questions will be answered.

    Please send your questions in advance to tautvydas.medzius@sb.lt  

    How to join the webinar?

    To join the webinar, please register via following link https://sb.zoomtv.lt. After successful registration You will be provided with the webinar link.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network

  • MIL-OSI: Nokia opens regional Innovation Center in Morocco to serve EMEA customers

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia opens regional Innovation Center in Morocco to serve EMEA customers

    • Nokia launches its first Innovation Center in Africa and the Middle East, equipped with cutting-edge technologies from its entire Network Infrastructure portfolio, including Fixed, IP, and Optical Networks.
    • The center will benefit and contribute to Digital Morocco 2030 by playing a pivotal role in advancing digital skills and supporting 5G readiness across Europe, Middle East and Africa (EMEA).
    • The event is also an opportunity to showcase some of Nokia’s latest innovations for major football events.

    22 October 2024
    Salé, Morocco – Nokia today announced the opening of its Innovation Center in Salé, Morocco, officiated by Ghita Mezzour, Minister of Digital Transition and Administration Reform.

    Designed as a regional hub to serve EMEA, the Nokia Innovation Center (NIC) is equipped with advanced technologies from Nokia’s entire Network Infrastructure portfolio, spanning Fixed Networks, IP, and Optical Networks. The NIC will not only benefit but also contribute to Digital Morocco 2030 by playing a pivotal role in advancing digital skills, supporting 5G readiness and fostering innovation across EMEA.

    As the first of its kind in the MEA region, the NIC features a comprehensive range of technologies, including IP, optical transport and fiber solutions, housed within a state-of-the-art data center. This facility supports diverse use cases from 5G mobile backhaul to data center fabric and security, and will be a focal point for innovation in critical network technologies, enabling testing, verification, deployment and training of advanced solutions across the EMEA region.

    Beyond technology, the NIC strengthens Nokia’s role within Morocco’s ICT ecosystem by offering practical training to engineering schools and universities. This collaborative platform not only nurtures local engineering talent through certification programs like Service Routing Architect (SRA) and Network Routing Specialist (NRS II) but also provides Gen-AI integration tools using natural language thus contributing to the upskilling and reskilling of young Moroccan talent, aligning with Morocco’s 2030 digital vision.

    The inauguration event was also an opportunity to showcase state-of-the art solutions demonstrating Nokia’s capabilities and determination to support Morocco’s ambitions in hosting major football events.

    Mrs. Ghita Mezzour, Minister of Digital Transition and Administration Reform, said: “The opening of Nokia’s Innovation Center in Morocco is a testament to our country’s ability to attract leading global technology companies and foster innovation. This center will not only enhance our position as a regional hub for digital services across EMEA but will also play a crucial role in developing local talent. By aligning with Digital Morocco 2030, the center contributes to our efforts in advancing STEM education, equipping our youth with the skills they need to thrive in the digital economy, and supporting our nation’s 5G readiness and technological future.”

    Pierre Chaume, Vice President of North, West and Central Africa for Network Infrastructure at Nokia, said: “We are proud to establish this Innovation Center in Morocco, which will serve our customers and partners in the EMEA region and contribute to the development of local talent and the broader digital ecosystem, in line with Digital Morocco 2030. This center underscores our commitment to innovation, sustainability, and the growth of critical networks that drive digital transformation across industries.”

    Resources and Additional Information:
    Webpage: Fixed networks
    Webpage: IP networks
    Webpage: Optical networks

    About Nokia:
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Media inquiries
    Nokia Communications, Middle East and Africa
    Email: cordia.so@nokia.com

    Nokia Press Office
    Email: Press.Services@nokia.com

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    The MIL Network

  • MIL-OSI: Exclusive Markets Honoured with “Top Trusted Financial Institution in the Financial Markets” Award in 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 22, 2024 (GLOBE NEWSWIRE) — Exclusive Markets, a globally celebrated online multi-asset trading platform, has been awarded the prestigious title of Top Trusted Financial Institution in the Financial Markets, by Top 100 Trusted Financial Institutions at the Middle East Financial Markets Awards Ceremony 2024 | 2ndedition, held in Dubai. This recognition marks yet another milestone in the company’s continued journey of excellence and trust-building within the financial industry.

    Trust is the cornerstone of Exclusive Markets’ operations. As a financial institution operating in highly dynamic and complex global markets, the company has consistently prioritised transparency, integrity, and reliability in every aspect of its service. From secure trading platforms to customer-first policies, Exclusive Markets has set itself apart by fostering a deep sense of trust among its clients, enabling them to confidently navigate the world of trading.

    While receiving the award, Lambros Lambrou, CEO of Exclusive Markets, expressed his gratitude for this recognition, stating, “At Exclusive Markets, trust isn’t just a value, it’s a fundamental part of who we are. Receiving the ‘Top Trusted Financial Institution’ award is an incredible honour and a reflection of our ongoing efforts to ensure our clients and partners feel secure and supported at every step of their trading journey.”

    This award highlights the growing importance of trust in the financial markets, especially as traders seek reliable partners in an increasingly complex landscape. As Exclusive Markets continues to evolve and innovate, its commitment to fostering trust will remain at the forefront of its mission, paving the way for continued growth and success in the global financial arena.

    About Exclusive Markets

    Exclusive Markets is dedicated to providing traders with a robust, secure, and transparent platform for investing in a variety of financial instruments. With a focus on cutting-edge technology and holding ISO/IEC 27001:2013 Certification by MSECB, Exclusive Markets offers traders an exceptional platform that seamlessly integrates advanced features with user-friendly interfaces.

    Traders can access a wide array of trading instruments, including CFD stocks, commodities, forex, and spot metals. The company’s expert team is committed to meeting the evolving needs of its clients by continually expanding its range of products and services, allowing traders to invest according to their preferences.

    Risk Warning: Trading involves risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6274d2b5-b001-47e1-bf0d-224d1e190174

    The MIL Network

  • MIL-OSI USA: Senate Study Committee on Veterans’ Mental Health and Housing to Hold Fourth Meeting

    Source: US State of Georgia

    ATLANTA (October 22, 2024) — On Tuesday, October 29,at 10:00 a.m., the Senate Study Committee on Veterans’ Mental Health and Housing, chaired by Sen. Chuck Payne (R–Dalton), will hold its fourth hearing.

    EVENT DETAILS:                      

    • Date: Tuesday, October 29, 2024
    • Time: 10:00 a.m.
    • Location: 307 Coverdell Legislative Office Building, 18 Capitol Square, S.W., Atlanta, Georgia 30334
    • This event is open to the public and will be live-streamed on the Senate website here.

    ABOUT THE COMMITTEE:         

    The Senate Study Committee on Veterans’ Mental Health and Housing was created to evaluate the adequacy of Georgia’s public and private programs and services when providing resources to veterans. The committee will recommend additional measures to ensure that Georgia veterans and their families have the support they need to thrive after their military service ends.

    MEDIA OPPORTUNITIES:

    We kindly request that members of the media confirm their attendance in advance by contacting Jantz Womack at SenatePressInquiries@senate.ga.gov.

    # # # #

    Sen. Chuck Payne serves as the Chairman of the Senate Committee on Veterans, Military and Homeland Security. He represents the 54th Senate District, which includes Whitfield and Murray County, as well as part of Gordon County. He may be reached at 404.463.5402 or by email at chuck.payne@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI Economics: Lenfest Institute, OpenAI and Microsoft announce $10M AI Collaborative and Fellowship program for US metro news organizations

    Source: Microsoft

    Headline: Lenfest Institute, OpenAI and Microsoft announce $10M AI Collaborative and Fellowship program for US metro news organizations

    Chicago Public Media, The Minnesota Star Tribune, Newsday (Long Island, New York), The Philadelphia Inquirer, and The Seattle Times will receive grant funding and enterprise credits for experimentation with generative AI

    PHILADELPHIA — Oct. 22, 2024 — The Lenfest Institute for Journalism, a leader in developing solutions for the next era of local news, on Tuesday announced a major new collaboration with OpenAI and Microsoft Corp. to help newsrooms explore and implement ways in which artificial intelligence can help drive business sustainability and innovation in local journalism through the Lenfest Institute AI Collaborative and Fellowship program.

    In the initial round of funding, Chicago Public Media, Newsday (Long Island, NY), The Minnesota Star Tribune, The Philadelphia Inquirer, and The Seattle Times will each receive a grant to hire a two-year AI fellow to pursue projects that focus largely on improving business sustainability and implementing AI technologies within their organizations. The fellowship will also provide OpenAI and Microsoft Azure credits to help these publications experiment and develop tools to assist with local news. As part of the program, the news organizations will work collaboratively with each other and the broader news industry to share learnings, product developments, case studies and technical information needed to help replicate their work in other newsrooms. An additional three organizations will be awarded fellows in a second round of grants.

    “We are pleased to be working with both OpenAI and Microsoft on this important initiative to support local news,” said Jim Friedlich, executive director and CEO of The Lenfest Institute. “Through these fellowships — and by sharing results with the broader news industry — we will help empower local newsrooms to explore, implement and advocate for AI business solutions that uphold the highest ethical standards while strengthening their future prospects. The Lenfest Institute and OpenAI incubated the fellowship program, which is designed to promote the use of AI in creating a sustainable future for independent local journalism, and we welcome its expansion in scope and resources with Microsoft’s commitment.”

    The first slate of AI Collaborative and Fellows members will work on projects that focus on the use of AI for analysis of public data, to better utilize news and visual archives, to build audience engagement, for creating new AI-based news tools and products, and more. The projects were chosen through an application process led by The Lenfest Institute with assistance from FT Strategies, a global media consultant, and Nota, a provider of AI tools for journalism.

    “While nothing will replace the central role of reporters, we believe that AI technology can help in the research, investigation, distribution and monetization of important journalism. We’re deeply invested in supporting smaller, independent publishers through initiatives like The Lenfest Institute AI Collaborative and Fellowship, ensuring they have access to the same cutting-edge tools and opportunities as larger organizations,” said Tom Rubin, chief of Intellectual Property and Content, OpenAI. “Local news is a particularly vulnerable area of journalism, and we believe AI can help it thrive.”

    The selected projects are:

    • Chicago Public Media, which publishes The Chicago Sun-Times and runs public radio station WBEZ, will focus on leveraging AI for transcription, summarization and translation to expand content offerings and reach new audiences.
    • The Minnesota Star Tribune will experiment with AI summarization, analysis and content discovery for both its journalists and readers.
    • Newsday will build AI public data summarization and aggregation tools for its newsroom, for readers and for businesses as a marketing services offering.
    • The Philadelphia Inquirer will use AI platforms to build a conversational search interface for its archives. It will also leverage AI to monitor and analyze media produced by local municipalities and agencies.
    • The Seattle Times will use AI platforms to assist in advertising go-to-market, sales training support, and other sales analytics before rolling out learnings to other business functions and departments.

    “We need local journalism to inform and educate citizens, expose wrongdoing, and encourage civic engagement. We will work with the Lenfest AI Fellowship to drive AI innovation that can help news organizations create new products to extend their reporting, find new sources of revenue, and ultimately build a more sustainable future,” said Teresa Hutson, corporate vice president, technology for fundamental rights at Microsoft. “We hope these news organizations will be lighthouses for the industry, to provide examples of how AI can build a better future for the business of news.”

    To support the new Lenfest Institute AI Collaborative and Fellowship program and resources, OpenAI and Microsoft are each awarding $2.5 million in direct funding and $2.5 million in software and enterprise credits, for a total of up to $10 million. The two-year pilot program is in partnership with The Lenfest Institute’s Local Independent News Coalition (LINC), a group of eight of the largest independently owned metropolitan news organizations in the United States.

    LINC is one of several Communities of Practice led by The Lenfest Institute with funding from the Institute and the John S. and James L. Knight Foundation. LINC includes The Atlanta Journal-Constitution, Chicago Public Media (WBEZ and The Chicago Sun Times), The Dallas Morning News, Newsday (Long Island, New York), The Philadelphia Inquirer, The Seattle Times, The Minnesota Star Tribune, and The Tampa Bay Times.

    Learn more about LINC here and sign up to receive updates on the Lenfest AI Fellows experiments and lessons learned through The Lenfest Institute Solution Set newsletter.

    About The Lenfest Institute for Journalism 

    The Lenfest Institute for Journalism creates solutions for the next era of local news by investing in sustainable business models at the intersection of local journalism and community in Philadelphia and nationwide.

    About OpenAI  

    OpenAI is an AI research and deployment company. Its mission is to ensure that artificial intelligence benefits all of humanity.

    About Microsoft 

    Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

    For more information, press only:

    Microsoft Media Relations, WE Communications for Microsoft, (425) 638-7777, [email protected]

    Note to editors: For more information, news and perspectives from Microsoft, please visit Microsoft Source at https://news.microsoft.com/source. Web links, telephone numbers and titles were correct at time of publication but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at https://news.microsoft.com/microsoft-public-relations-contacts.

    MIL OSI Economics