Mediaboss Marketing

PALO ALTO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Gatik, the market leader in automating on-road transportation networks for B2B middle-mile logistics, announced today that it has been named to the Forbes AI 50 list which highlights private companies using artificial intelligence in meaningful, business-oriented ways to create innovative services and solve complex technology problems.

Operating on fixed, repeatable routes is the most effective way to deploy autonomous vehicles safely and at scale, said Gautam Narang, Co-Founder, and CEO of Gatik. At Gatik, we take a radically divergent hybrid approach towards the system architecture, implementation & validation of our Autonomous Box Trucks. We decompose the massive, monolithic Deep Neural Networks into micro-models whose intended functionality is restricted to a very specific explainable task, and build rule-based fallback & validation systems around them. Forbes recognition of our solution validates the strength of this approach - were honored to be included on this prestigious list and be recognized as a technology innovator.

Forbes, in partnership with Sequoia Capital, evaluated hundreds of companies serving a range of industries to recognize 50 private, U.S.-based companies for their innovative use of artificial intelligence. Gatik was selected for its leadership in using AI and machine learning to establish the first autonomous Middle Mile logistics network in North America, based on factors including technology, business model, growth, customers, revenue history, and valuation.

Gatiks technology focuses on 3 technical pillars to maximize safety and efficiency for short-haul logistics: using exponentially less data for training and validation by overfitting the modular stack for known routes; using a learning-first but deterministic approach, through hyper-optimization of micro-models using rich priors from known routes; and ensuring redundancies at system and component level. Combined with the companys operational expertise, this commercial grade autonomous solution enables Gatiks customers to reduce costs, maintain capacity and keep delivery times short.

About Gatik

Gatik was founded in 2017 by veterans of the autonomous technology industry and has established offices in Palo Alto and Toronto. The company focuses on short-haul, B2B logistics for Fortune 500 retailers such as Walmart and Loblaw, and has established the first autonomous Middle Mile logistics network in North America. Gatik enables its customers to optimize their hub-and-spoke supply chain operations, enhance inventory pooling across multiple locations, reduce labor costs and meet an unprecedented demand for contactless delivery.

Media Contact

Richard SteinerT: 416-836-9185E: richard@gatik.ai

Allison MatthewsT: 952-836-9626E: allison@skyya.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b96fe7fe-dfb6-47f6-9864-0ef923320f7e

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Gatik Named to Forbes AI 50 List of Most Promising Artificial Intelligence Companies of 2021 - GlobeNewswire

MENLO PARK, Calif., April 27, 2021 /PRNewswire/ -- AI-driven augmented data management provider Promethium (www.pm61data.com) today announced that its breakthrough technology has been recognized with three prestigious industry awards. Promethium has been named a winner of both the 2021 BIG Innovation Awards and the Artificial Intelligence Excellence Awards, which are awarded by The Business Intelligence Group to recognize organizations, products, and people that are bringing new ideas to life in innovative ways. Additionally, Promethium was included in CRN's Big Data 100, the publication's annual ranking of the most important big data technology vendors.

Promethiumis the first company to combine natural language processing (NLP) with automated data preparation to deliver an advanced AI-powered augmented data management solution that eliminates long wait times for data-driven answers. The platform:

It all starts with a question in natural language. From there Promethium automatically finds data tables--which may reside in different cloud-based or on-premises systems--and assembles the data necessary to provide the answer. The platform does this by creating an abstract layer similar to what has been termed a unified data analytics warehouse, a data mesh or an Enterprise Intelligence Platform that allows data to be analyzed without ever being copied or moved.

Innovation that Improves Lives

"We are so proud to name Promethium as a winner in our inaugural Artificial Intelligence Excellence Awards program," said Maria Jimenez, Chief Nominations Officer for Business Intelligence Group. "It was clear to our judges that Promethium was using AI to improve the lives of their customers and employees. Congratulations to the entire team!"

Nominations for both the Big Innovation and Artificial Intelligence Excellence awards were judged by a select group of business leaders and executives. Other winning organizations and products included The American Red Cross, Capgemini, CSG Conversational AI, Google Maps, Paychex, The United Way, and UnitedHealth Group's Sparq.

"We're honored to receive the Big Innovation and Artificial Intelligence Excellence awards, as well as to have been included in CRN's Big Data 100, each of which recognize the achievements of many important organizations and technologies," said Kaycee Lai, CEO and Founder, Promethium. "But we're not resting on any laurels, and are even more excited about what we've got on the horizon in 2021."

For more information, visit https://www.pm61data.com/product-overview or request ademo.

About PromethiumPromethium is used by data driven enterprises to enable every employee to make data driven decisions in real time without the technical complexity of data management. With Promethium users can find data-driven answers by using intuitive natural language search. Unlike other solutions, there are no long implementations because data never needs to be moved and is accessed where it is. Connect data sources to Promethium and within minutes users can see results. Answers from data in minutes instead of months. For more information please visit: http://www.pm61data.com.

SOURCE Promethium

http://www.pm61data.com

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Promethium Recognized for Breakthroughs with Big Innovation, Artificial Intelligence Excellence and CRN Big Data 100 Awards - PRNewswire

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that Turkcell, a leading converged telecommunication and technology services provider, has built its new artificial intelligence (AI) services architecture and application hub on Red Hat OpenShift, the industrys leading enterprise Kubernetes platform. This has helped Turkcell to transform customer experiences, drive operational efficiencies and bring a greater diversity of consumer and business innovations to market faster.

Operating within Turkey and internationally, Turkcell currently serves close to 48 million customers with a wide range of communications and digital services offerings. AI has been integral to Turkcells strategic vision for many years, covering areas such as computer vision, natural language processing and intelligent automation. As AI technologies become increasingly accessible thanks to advancements in the field and in cloud-native application development, Turkcell set out to build a flexible, more secure cloud platform to accelerate AI and associated intelligent applications delivery.

Already a Red Hat customer of more than ten years, Turkcell chose Red Hat OpenShift as a reliable, resilient and scalable hybrid cloud foundation to power its container-based AI development, including integrations with JupyterLab and Nvidia GPUs. OpenShift gave Turkcell the ability to develop and deploy applications both in the public cloud and on-premises where necessary to comply with data regulation. Red Hat OpenShift provides a more consistent, self-service experience for data scientists and application developers, wherever they are in the Turkcell business, and enables non-technical staff to access AI capabilities. As part of its work with OpenShift, Turkcell launched its AI Hub on the platform, from which it can offer AI innovations as-a-service to enterprises, helping to create new revenue opportunities.

Turkcell is now running around 50 different services on the OpenShift-based platform to support a diverse range of AI-powered use cases. These include:

With its scalable AI platform architecture, use of microservices and adoption of agile practices including DevSecOps, Turkcell has been able to accelerate its application lifecycle, including speeding up development and deployment of AI and machine learning (ML) models. Turkcell can now bring new digital services to market in roughly half the time it could with a monolithic architecture. Turkcell is generating operational efficiencies, helping it achieve cost savings of up to 70% by consolidating AI workloads on containers and Kubernetes. Because OpenShift provides a common platform accessible from anywhere in the organization, Turkcell has been able to empower data scientists across teams to benefit from AI capabilities and spur innovation in diverse areas.

Supporting QuotesHonor LaBourdette, vice president, Telco, Media & Entertainment, Red HatTurkcell is democratizing data science by opening up artificial intelligence for use across its business with its Red Hat-based platform, helping to improve operations, enliven customer experiences and generate new revenue. Red Hat OpenShift provides greater security, stability, and scalability to support Turkcells expanding AI ecosystem, which is delivering an array of truly exciting offerings to consumers and businesses alike.

nan akrolu, Director, Artificial Intelligence and Analytic SolutionsWe have built a strong collaborative relationship with Red Hat over a number of years, and we value open source for its rapid development model, so Red Hats open hybrid cloud technologies were a natural choice for us. Using Red Hat OpenShift as a flexible, consistent foundation, we have created a playground for data science, making the frameworks and tools available to anyone, so we can invite contributions from all over the Turkcell organization. This has enabled us to create and deliver brand new AI-powered services to market approximately twice as quickly as we could before.

Additional Resources

Connect with Red Hat

About Red Hat, Inc.Red Hat is the worlds leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

Forward-Looking StatementsCertain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company or its parent International Business Machines Corporation (NYSE:IBM) may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

Red Hat, the Red Hat logo, and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux is the registered trademark of Linus Torvalds in the U.S. and other countries.

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Turkcell Democratizes Data Science and Drives Artificial Intelligence Innovation with Red Hat OpenShift - Business Wire

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the#FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments inSkills Newsand across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they dont necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and box set consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

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Artificial intelligence will be more revolutionary for education than the internet - FE News

Regulators in Europe and Washington are racing to figure out how to govern business' use of artificial intelligence while companiespush to deploy the technology.

Driving the news: On Wednesday, the EU revealed a detailed proposal on how AI should be regulated, banning some uses outright and defining which uses of AI are deemed "high-risk."

In the U.S., the federal government has yet to pass legislation specifically addressing AI, though some local governments have enacted their own rules, especially around facial recognition.

But Monday, the Federal Trade Commission laid out a tough restatement of its role enforcing laws related to AI, addressing the sale and use of algorithms that:

Acting FTC chairwoman Rebecca Slaughter told Axios: I am pleased that the European Commission shares the FTCs concerns about the risks posed by artificial intelligence... I look forward to reviewing the ECs proposal as we learn from each other in pursuit of transparency, fairness, and accountability in algorithmic decision making.

Why it matters: Artificial intelligence is no longer in its infancy and already has wide uses. Global governments are trying to wrap their arms around it, often taking different approaches.

What they're saying: The EU's move "is another wake-up call for the U.S. that it needs to retain its leadership position in the development in these sorts of legal frameworks," said Christian Troncoso, senior director of policy at BSA | The Software Alliance.

Be smart: Regulators move slower than technology. Just this week, the ACLU and dozens of other advocacy groups called on the Department of Homeland Security to stop using Clearview AI's facial recognition software.

The bottom line: Regulators want to get the details right, but they also believe they have a rare chance with AI to put legal and ethical guardrails around a new technology before it's already deployed everywhere. That window will close fast.

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The global race to regulate AI - Axios