Mediaboss Marketing

SUNNYVALE, Calif.--(BUSINESS WIRE)--Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, today announced a $56 million Series A investment led by Koch Disruptive Technologies (KDT) with participation from Temaseks Xora Innovation fund, The Engine, the venture firm spun out of MIT, Tyche Partners, Mercks corporate venture fund, M-Ventures, IMEC XPand, and venture capital investor in the Princeton University ecosystem, Fitz Gate. The new capital will be used for expanding the global engineering team, product development and strategic supplier engagements, including Broadcom, to build the companys Orion AI accelerator products. Celestial AIs mission is to fundamentally transform the way computing is done with a new processing system, based on their proprietary Photonic Fabric technology platform, that uses light for data movement both within chip and between chips.

Driven by advancements in data communications, robust silicon photonics technology and volume manufacturing ecosystems have been established. The industry is ripe for commercial implementation of Machine Learning (ML) and high-performance computing (HPC) solutions that leverage integrated silicon photonics for data movement. For AI computing applications, data movement is the dominant contributor to system power, and most leading competitive architectures are trading off moderate power reductions for increased system and software complexity. Celestial AIs Photonic Fabric enables optically addressable memory and compute (within chip and chip-to-chip) that decouples their technology from the limitations of electronics and slowdown of Moores Law. Their proprietary architecture enables elegant, low-complexity system software, allowing highly efficient mapping of data and compute without the need for complex optimizations. This software advantage extends to multi-chip exascale systems as the Photonic Fabric democratizes optical access to effectively limitless memory and compute. Celestial AIs Orion AI accelerator products serve an addressable market that is projected by Omida to exceed $70 billion in 2025.

We are addressing the problem of our time in computing efficient data movement, said Celestial AI founder and CEO David Lazovsky. Celestial AIs hybrid photonic-electronic platform allows us to leverage the complementary strengths of electronics for high-performance, high-precision computing and photonics for high-speed, low-power, high-bandwidth data movement. The result is transformational performance advantages relative to electronic-only systems. The ML application benefits extend beyond performance and low power to latency, user friendly software, and low total cost of ownership. Our competitive differentiation will increase with time, as AI model complexity increases, driving increased data movement.

Domain-specific architectures targeted to AI workloads can make up for some of the slowdown in CMOS advancements, but that approach also has its limits. By integrating photonics into accelerators for AI workloads, Celestial AI enables step-change advancements in AI computation. Chips and server systems are limited today by power budget (Thermal Design Power or TDP). The Celestial AI Photonic Fabric allows a redistribution of the fixed power budget from data movement to compute, providing sustainable and expanding performance advantages over all electronic-only solutions. Every Joule of energy saved on data movement can be spent on compute.

Photonics is poised to be the technology to usher in the next era of rapid growth in AI and high-performance computing, and we believe the Celestial AI team has the experience and vision to drive this industry transformation, said Isaac Sigron, Managing Director of KDT, and newly-appointed Celestial AI Board Member. It was Celestial AIs software advantages that ultimately drove our decision to lead this financing. Their system architecture enables unparalleled software simplicity, which translates to ease of use for customers and reduced time to market. Software is the pathway to revenue, and Celestial AIs solution changes the game in this large and rapidly expanding market.

Celestial AI has developed an architecture that uniquely scales across multi-chip systems, and greatly diminishes the development burden on AI teams bringing new applications to market. As the world moves to increasingly complex AI models, we believe that Celestial AIs competitive advantage will only grow over time, said Phil Inagaki, Managing Director at Xora Innovation.

ABOUT CELESTIAL AI

Celestial AI is an AI accelerator company with a proprietary hardware and software technology platform which enables the next generation of high-performance computing solutions. Celestial AIs mission is to fundamentally transform the way computing is done with their proprietary Photonic Fabric technology that uses light for data movement both within chip and between chips.

ABOUT KOCH DISRUPTIVE TECHNOLOGIES

Koch Disruptive Technologies (KDT) is a unique investment firm, focused on empowering founders to create a could-be world. KDT provides a flexible, multi-stage investment approach which includes both traditional venture and growth stages. We work with principled entrepreneurs who are building transformative companies, disrupting the status quo, and creating new platforms. KDT is a subsidiary of Koch Industries, one of the largest privately held companies in the world with $115 billion in revenue and operating in more than 70 countries. KDT helps its partners unlock their full potential by bringing Kochs capabilities and network to them, structuring unique capital solutions, and embracing a long-term, mutual benefit mindset. For more information, visit http://www.kochdisrupt.com.

Read more:
Celestial AI Raises $56 Million Series A to Disrupt the Artificial Intelligence Chipset Industry with Novel Photonic-Electronic Technology Platform -...

Residential Real Estate in the United States is in aggregate a $45 trillion space. As such, reliable, intelligent, timely, accurate, and usable data in real estate is vital not only to this vertical but to the entire economy." - Malcolm Cannon

LOS ANGELES (PRWEB) February 05, 2022

Reliance on multiple data points, from historic prices and trends to property ownership data, is nothing new. However, the data that we use to make our housing choices have become increasingly sophisticated. Quantariums valuation models provide property valuations through a self-learning AI engine. Quantariums advances in Computer Vision (CV) technology is allowing AVM to transcend historical constraints; understanding their journey and the impact of AI is critical to the future of real estate.

Quantarium is a leading producer and purveyor of value-added data in residential real estate. Their data and analytics scientists and experts illustrated great innovation in their approach to building the industrys leading RE data lake, so it is a team-wide validation to receive this distinction. When asked what the potential of this space is, Cannon explained: Residential Real Estate in the United States is in aggregate a $45 trillion space. In addition, homes are the most vital and valuable of most families investments/assets. As such, reliable, intelligent, timely, accurate, and usable data in real estate is vital not only to this vertical but to the entire economy. PropTech, as the area has been called, is a booming industry and were happy to not only be in the space but also to enhance the stories of other players.

Quantariums product and customer journey is an interesting look at how artificial intelligence plays a role in real estate. They started as an idea and ended up building the leading Automated Valuation Model, AVM, that still breaks the tape in the AVM race. They leveraged their knowledge and experience to build a Data and Search platform for real estate, powered by the most comprehensive data lake in the industry. By emphasizing the platform aspect, they could power any company that leverages residential real estate data, from mortgage companies to banks to insurance.

There is a lot of talk in the data industry about technology versus people, from the benefits of consistency and efficiency to the reduction of bias in housing prices and access. When Cannon was asked about this, he answered that Quantarium has never been purely technocratic, despite the fact that it is an AI company: We, like anyone, would affirm the unquestionable importance of human wisdom in all parts of society, including this vital area of the economy. Often, the debate is cast in binary terms, which we reject. Increasingly, it would appear the industry will benefit from, and work towards, an equipoise in understanding both the methods and instruments through which human wisdom and tasking are best applied and those areas in which machine learning technologies can be best advantaged we see the growing confidence in the category of hybrid valuation products as evidence of this.

Cannon understood the importance of implementing this knowledge in this specific area of technology, which is why Quantariums Translucent A.I. is embedded in their Valuation Services Platform (QSVP) as an asset for human-assisted and enhanced technologies. It was intentionally constructed this way. Quantariums translucent A.I.-based technologies provide an auditable line of sight to offer the optimal platform for professional human input integration, as needed, towards maximum possible results. In fact, this should be the expectation; most computerized airplanes and spacecraft still provide manual controls for takeoff and landing, for instance. In other areas such as AVMs Quantariums advances in Computer Vision (CV) technology, AVM is now transcending historical constraints. These AVMs are crossing the threshold of not being able to understand property condition or see inside the structure to account for value adjustments other than assuming a static coefficient of average condition for the year built. Moreover, the fidelity of Quantariums CV can detect and eliminate occupants photos and other iconography that may be humanly interpreted to indicate racial, or ethnic identities that could consciously, or unconsciously introduce unwarranted subjectivity in the valuation, or QC process.

This being said, it was important to Cannon to elaborate on the challenges of AI in addressing bias. At the end of the day, the challenge for AI to assist in addressing bias will need to be understood. Certain axioms remain, particularly about any technology being only as effective as the data it relies upon. Quantarium remains ever cognizant of this. Consequently, it understands that models rely on trailing data and that data unavoidably, at this juncture, has suffused within, whatever prior human biases contributed to skewed valuations. With this understanding in hand, Quantarium refrains from making any announcements regarding AVMs eliminating bias in valuation it is disingenuous and the challenge to eradicate this will take more than just technology. Can it be an asset in addressing the challenge? Absolutely and Quantarium is making significant R&D investments, with a focus on assisting the industry in addressing the challenge.

Certainly, evidence for racial bias in real estate exists. But while technology is often considered a neutral tool, the data it relies on has bias built into it. So real estate data providers have a lot more work to do to identify and eradicate bias, and AI is an important part of that process. Quantarium has already devoted R&D resources to this area.

Cannon is now looking towards the future and thinking about his vision for Quantarium in 2022. Like with all companies, Quantarium has had to adjust to the realities of a Covid economy and the impact that has wrought on the global business climate. Despite this, they are able to focus on strong tailwinds, such as Machine Learning, Computer Vision (CV), and Data Innovation. These tailwinds are in demand as they play a larger part in the future of both the commercial markets and the regulatory environment. Moreover, Quantarium has made a mark in several areas of this space and as a result are fortunate to have a set of relationships with incredible experts across the industry, including in the newly burgeoning PropTech space. Cannon explains, then, that their vision is to provide our quickly expanding customer adoptions with innovation and rapid deployments of proficiency technologies, spanning from our new Computer Vision APIs and Valuation services, through to our Smart Market Explorer within the Quantarium TerraVerse to help our customers navigate the industry challenges ahead. More on that soon!

Along with other digital communities, data communities play a crucial role in bringing down barriers by providing use cases, datasets, and professional opinions from data experts all in one place. Find useful data and learn how to use the data you have. Whether you are a data leader, involved in data analytics, or a decision-maker needing to show growth, the DataHunters community is here to help you power your decision-making with the right data.

Share article on social media or email:

Read the original:
How Artificial Intelligence is Transforming the Real Estate Space - PR Web

In todays world which is ruled by digitisation, technology is powering journalism. Artificial intelligence involved jobs accounts to around 10-12% of the total functionalities in the industry.

Machine-Written Articles: AI can help human reporters in more complex work, such as long-form articles, in-depth analyses and investigative journalism. AI-written articles are currently limited to simple and formulaic topics including stock market results, sports game scores, etc.

Transcribing Audio and Video Interviews: AI can save reporters valuable time by transcribing audio and video interviews. It converts audio data into text so that journalists can focus on deriving insights rather than transcribing audio or video interviews.

Flagging Alerts: AI can examine large databases and send journalists alerts as soon as a trend or anomaly emerges from big data. It can provide content producers and publishers tools to identify fake news and lessen their impact on their readership.

Powering Journalistic Processes: AI systems can improve journalistic processes and workflows. It can help organizations streamline their distributed processes for gleaning information, contacting sources and backend operations like dealing with the advertisers.

Controls bias:Bias is a global issue and news media have no escape from it. However, AI assists in reducing the subjective interpretation of the data of the human as its machine learning algorithms are trained to consider accuracy.

Robot as news reporters:Despite invading manufacturing, healthcare and marketing industry, robots are now in newsrooms as well. Chinas state-run Xinhua News Agency made a breakthrough by deploying a robot as English AI Anchor.

Share This ArticleDo the sharing thingy

About AuthorMore info about author

Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

More:
Artificial Intelligence in Journalism: Where is Media Headed? - Analytics Insight

Leading Artificial Intelligence (AI) and AR/MR company ThirdEye Gen is at the cusp of an innovative breakthrough, as it launches a wearable computing tech that will change the landscape of tech-based experiences.

In recent times, ThirdEyes enterprise has released a set of smart glasses, which look to provide warehouses with more imaginative ways to transform their picking processes, inventory management, and warehouse navigation to make it more efficient. Their platforms serve and support enterprise organizations and various workers in field service, healthcare, first response teams, aerospace, defense, transportation, utilities, and energy to become more effective and productive on mission-critical tasks. In addition, the companys inventions create the next generation of Mixed Reality Glasses and augmented/mixed reality software. At home and in business, AR is changing how people see the world.

ThirdEyes smart glasses bring about a new age of hands-free wearable computing and human interaction by directly interacting with surrounding objects placing interactive and digital information directly into the users field of view.

Nick Cherukuri is an American technology entrepreneur and the founder and current CEO of ThirdEye Gen. In 2019, Cherukuri was named in the Forbes 30 under 30 for enterprise technology.

ThirdEye was recently identified as a critical player in Industrial ITs AR market study titled, Global Augmented Reality Technology Market Scope 2022-2027: Industry Growth, Business Opportunity, and Leading Players. The study analyzes market data from 2016 to 2020, provides forecasts until 2026, and addresses AR market trends and drivers.

We are taking AI & AR to new heights, says the founder of the ThirdEye Gen. As their first step towards innovations, they have already designed and provided wearable intelligent glasses for healthcare professionals with easy access to digital information, including patient history, test results, and patient care instructions. The smart glasses are being used in hospitals nationwide and helped in the fight against Covid last year.

Say a certain project needs 50 different tasks to complete instead of carrying around a manual or looking down at your phone over and over while you need to use your hands to work, now you can be hands-free and get the entire task checklist displayed live in your field of view. In addition, you can mark each task as completed, and the team [on-site or at the home office] can also see the progress on a task, explains the innovative CEO of ThirdEye.

With their recent breakthroughs and upcoming tech releases, they are attracting the Metaverse NFT holders, tech geeks, and other affiliates. ThirdEyes headset design is sleek, comfortable, and not bulky. They ensured that their design was gathered from the market and customer research, ensuring that their gears were one size fits all.

Nick and the ThirdEye Teams prioritization of design and user needs helped align and design products on a user-first basis. Next, Nick hopes to start exploring the growing market of Crypto and NFT. But for now, he and his team will focus on becoming known in every home in the world through their tech-based innovations.

Media ContactCompany Name: Third Eye GenContact Person: Odirin AdidiEmail: Send EmailPhone: 9292403745Country: United StatesWebsite: http://www.thirdeyegen.com

See the original post here:
Leading Artificial Intelligence Company ThirdEye Gen Shows Unlimited Applications of Their Technology - Digital Journal

GET SAMPLE REPORTBUY COMPLETE REPORT

Esticast Research has published a new report titledWearable Artificial Intelligence Market by Product Type (Smart Watches, Ear wears, Fitness Band, Head Mounted Display), By Application (Consumer Electronics, Enterprises and Gaming Application): Global Industry Perspective, Comprehensive Analysis and Forecast 2020 2026.According to the report, Wearable Artificial Intelligence (AI) Market Projected To Reach About To USD 42.34 Billion by end of 2026.

The top Leading Market Players Covered in this Report are :Samsung, Apple, Microsoft, Google, Garmin, Sony, Huawei, Fitbit, IBM, Oracle, and Amazon.

Download Free PDF Sample Reportwith Complete TOC and Figures & Graphs (withcovid 19Impact Analysis):https://www.esticastresearch.com/request-for-sample/?utm_source=PR&utm_medium=Wearable-Artificial-Intelligence-(AI)-Market

Wearable Artificial Intelligence (AI) Market analysis report is the representation of strategic research methodologies and market tactics. In order to fuel the business growth, knowing future scenario of the market and product sale is important and market research is the best way of obtaining forecasting of entire market scenario. Marketing strategy is also covered here to divide the market into different segments and target customers. Customers demands are also depicted in this Wearable Artificial Intelligence (AI) Market report to aware industries and increase the productivity rate of products and services. It segments the market into different categories such as behavioral segmentations and demographic segmentation for the key regions such as North America, Europe, Middle East, Africa, Asia Pacific and Latin America..

Segments:

The primary market segments and their sub-segments covered in this study provide information on the overall business climate. The categories in this research are built by analyzing supply and demand scenario that provides a thorough view of the market. The segment study provides a detailed view of the fastest-growing market sector as well as the factors influencing the fast/slow growth of the other segments. This section includes a comprehensive market share and revenue analysis.

Geography

Esticast Research most recent market report is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report includes thorough financials for every region based on its segments. In addition, detailed revenue and market share analysis is given for major countries within every region.

GetExclusive Discount on this report: https://www.esticastresearch.com/inquiry-before-buying/?utm_source=PR&utm_medium=Wearable-Artificial-Intelligence-(AI)-Market

In order to perform significant actions to lead business towards successful path, it is important to obtain all the market growth related data and nothing is better than referring Wearable Artificial Intelligence (AI) Market survey report. It covers current market scenario and forecasting of upcoming market scenario for the period 2022-2028. This Wearable Artificial Intelligence (AI) Market survey report signifies how trends will affect the entire business development and growth. It further makes available some profit making business opportunities to make the most out of it. It further does the key observation of the framework of the market within economy. Market trade statistics, key players, their adopted strategies, market share, leading suppliers, trade statistics and trend analysis are some of the key factors provided in this Wearable Artificial Intelligence (AI) Market survey report to help business participants in making their business gainful and obtain best investment options.

Exact details regarding market performance is also provided in the Wearable Artificial Intelligence (AI) Market analysis along with complete overview on competitive landscape, pricing structure, trend convergence, digital transformation, sales effectiveness, latest innovations, customer buying nature and pricing analysis. All these factors greatly contribute in enhancing the business growth and knowing the market performance. It becomes easy for central participants to track the business performance regularly with the help of this Wearable Artificial Intelligence (AI) Market survey report. It talks about successful market strategies implemented by company players such as mergers, acquisitions, collaborations and novel item releases. It further aims at looking over all the compelling viewpoints from different major players, manufacturers to end buyer. Annual revenue, industry growth factors and market tactics are some of the significant factors covered in the Wearable Artificial Intelligence (AI) Market research report. It also covers all the latest data regarding CORONA-19 virus effects on world economy. It further helps industry players to survive in the competitive market.

What Does This Report Provide?

This report provides a detailed understanding of the global Wearable Artificial Intelligence (AI) Market from qualitative and quantitative perspectives during the forecast period. The major market drivers, challenges, and opportunities for the global Wearable Artificial Intelligence (AI) Market have been covered in the report. This report further includes the market shares of the leading companies operating in the global market, along with their production capacities and the growth strategies adopted by them.

Inquiry Before Buying https://www.esticastresearch.com/get-discount/?utm_source=PR&utm_medium=Wearable-Artificial-Intelligence-(AI)-Market

Objectives of this Report:

Key Questioned Answered in the Report:

Customization of the market analysis:

You can buy the complete report@https://www.esticastresearch.com/cart-share/nFzkB/?utm_source=PR&utm_medium=Wearable-Artificial-Intelligence-(AI)-Market

Report includes Competitors Landscape:

Major trends and growth projections by region and countryKey winning strategies followed by the competitorsWho are the key competitors in this industry?What shall be the potential of this industry over the forecast tenure?What are the factors propelling the demand for theWearable Artificial Intelligence (AI) Market ?What are the opportunities that shall aid in significant proliferation of the market growth?What are the regional and country wise regulations that shall either hamper or boost the demand for Wearable Artificial Intelligence (AI) Market?How has the covid-19 impacted the growth of the market?Has the supply chain disruption caused changes in the entire value chain?

About Esticast Research:

Esticast Researchis a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360-degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics. Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.

Contact:

Mr. Ashish GedamkarOffice No.407, Navale Icon IT Park+1-213-262-0704+91-959-503-5024sales@esticastresearch.comhttps://www.esticastresearch.com/

Originally posted here:
Global Wearable Artificial Intelligence (AI) Market Projected To Reach About To $42.34 Billion by end of 2026 | Exclusive Report by Esticast Research ...