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News from World Summit AI 2019 – Axionable Opens an Artificial Intelligence Research Lab in Montréal

Vlad Poptamas

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Photo source: worldsummit.ai
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France-based Axionable, which specializes in data and artificial intelligence (AI) strategies for business, is taking advantage of Co-founder and CEO’s Gwendal Bihan’s presence at the World Summit AI to announce the opening of a laboratory in Montréal. The company plans to hire some 50 new employees over the next two years—a rate of growth comparable to that of its Paris team since it began operations in 2016—to carry on the lab’s activities, which will focus exclusively on applied research and implementing AI projects.

“Opening a facility in Montréal was a natural choice for us,” said Bihan. “The city is now one of the top global centres of AI research. We are eager to work alongside the world’s most renowned researchers and to be part of a booming ecosystem that includes industry leaders as well as promising start-ups.”

A business that caters to businesses
Axionable helps its clients and partners harness the full value of their data through best practices in AI and the latest industry innovations, including image and video analysis, natural language processing, stand-alone devices, predictions and recommendations. The company’s expertise focuses on banking and insurance, media, distribution and industry applications.

The company also offers businesses a full range of support services, from needs identification to delivering AI solutions that have a real impact on their performance and business models. Axionable’s mission is to provide lasting, responsible solutions that take ethical and societal issues into account.

Axionable has already started talking with potential partners in the Montréal ecosystem and taken steps to recruit the necessary talent, particularly experts in AI (automatic learning, deep learning), information technology and communication. Their mandate will be to define and implement effective and responsible AI and data strategies for the company’s clients in Europe and North America.

“We are undertaking this international expansion phase not long after the company was founded, and it would not have been possible without the support of organizations like Montréal International, Investissement Québec and Business France. This is a wonderful opportunity that will enable us to pursue our phenomenal growth, and it marks the dawn of a very exciting new era for the entire team,” added Bihan.

Montréal International, Greater Montréal’s economic development agency, welcomes the arrival of this new AI player that will strengthen a one-of-a-kind collaborative ecosystem and support the digital transformation of Québec businesses. “Quite a number of foreign companies are investing in the area. The team has supported over 30 AI projects in the past two years, totalling $500 million. Montréal stands out not only due to its concentration of deep learning researchers, but also by how much consideration it gives to the social and ethical impacts of AI,” said Hubert Bolduc, President and CEO of Montréal International.

“It is with great enthusiasm that we welcome Axionable’s arrival in Montréal, a development that speaks to the solidity of Montréal’s AI ecosystem,” stated Investissement Québec President and CEO Pierre Gabriel Côté. “This new lab will provide further stimulus for the technological revolution taking place in Québec and create a great many highly specialized jobs. We are proud to have played a role in showcasing the advantages of choosing Montréal for this key player in the AI industry and to have provided help and guidance with investing here.”

“The Québec government is pleased to welcome Axionable’s arrival in Québec,” said Nadine Girault, Minister of International Relations and La Francophonie. “The government is working to increase its economic influence abroad in order to attract more direct investments like the one announced today. We will continue to build on these successes.”

 

SOURCE INVESTISSEMENT QUÉBEC

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Artificial Intelligence

Converge Technology Solutions Announces Appointment of Mr. Ralph Garcea to Board of Directors

Vlad Poptamas

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Photo source: twitter.com / @ConvergeTSC
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Converge Technology Solutions Corp. (“Converge” or “the Company“) (TSXV:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the appointment of Ralph Garcea as an independent director of the Company, effective immediately. The addition of Mr. Garcea will bring the Converge Board of Directors to a total of five individuals, four of whom are considered independent.

Mr. Garcea was a top-ranked research analyst, well regarded for his knowledge of Canadian technology, gaming and industrial companies, having received top three rankings in the past from Brendan WoodsGreenwich, Starmine, and Thomson Reuters surveys. Mr. Garcea has more than 22 years of experience in senior positions at both major and boutique investment dealers in Canada. He is the current managing partner and co-founder of Focus Merchant Group, a boutique advisory firm offering a full range of financial advisory services including strategy, mergers and acquisitions, private placements, RTO/IPO advice, valuations, fairness opinions and board of director selections.

“We are pleased to welcome Ralph Garcea to our Board of Directors, given his extensive capital markets experience in the technology sector,” stated Gordon McMillan, Chairman of the Board of Converge. “Ralph’s unique insight and experience will be instrumental as we continue to implement Converge’s strategic business plan.”

Mr. Garcea holds a Bachelors Degree (Honours) in Engineering Science (Aerospace) from the University of Toronto, and an M.B.A. (Honours) from the Schulich School of Business at York University.

 

SOURCE Converge Technology Solutions (CTS)

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Artificial Intelligence

For the Third Year in a Row, Sabio Takes Top Honor in Best Use of Mobile Technology Category at the Pollie Awards

Vlad Poptamas

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Photo source: Techiexpert.com
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Sabio, the media and technology company behind App Science®, a proprietary machine learning platform that pairs observations of consumer behavior to corresponding data that inform marketing decisions, today announced it was recognized as the Pollie Awards Best Use of Mobile Technology category winner for the third year in a row.

The Pollie Awards recognize the leaders, innovators and exceptional work within the political communications and public affairs industries.

Commenting on the win, Joe Camacho, CMO of Sabio stated, “We are thrilled to be recognized for our public affairs industry work by this prestigious award. These award wins further validates the capabilities of our App Science® technology to consistently deliver the campaign winning support that political candidates need.”

App Science® can be used to target and deliver custom ads with unique technological features that resonate with today’s voters and uses Artificial Intelligence to find the right voters and target them at the right moment with the latest creative capabilities.

For a Republican Congressional campaign, Sabio used its proprietary App Science® technology to target registered Republicans, analyze the mobile behaviors of those voters such as the types of apps they use, to identify center-right leaning registered Independents and Democrats that can potentially swing a tight election. Sabio also incorporated animation and a mobile devices touch and gyroscopic technology to create custom ads that included an election day reminder feature that added the date to their phone’s calendar.

The main goal was to reach the candidate’s most likely voters with a compelling ad that utilized the latest technologies to identify, target, persuade, and remind them about the upcoming midterm election and to get them to the polls with compelling and cost efficient media. By utilizing its proprietary App Science® technology in combination with innovative custom ads that resonated with voters, Sabio helped the campaign reach more voters with fewer dollars and contributed to the nominee’s win.

The Pollie Awards and Conference is hosted by the American Association of Political Consultants and is one of the most prized and sought-after awards in the political communications and public affairs industries. The conference and awards ceremony was held in Napa, California in early April.

 

SOURCE Sabio

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Artificial Intelligence

ParallelDots Wins the Tech4Future Grand Challenge Powered by Invest India and SoftBank Group

Vlad Poptamas

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Team ParallelDots
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ParallelDots, Inc., an artificial intelligence company, has won the Tech4Future Grand Challenge powered by the Japanese conglomerate SoftBank and Invest India. The company has received a cash prize of USD 50,000. SoftBank has also invited ParallelDots for an incubation opportunity for 2-3 months in Japan.

The Tech4Future challenge was launched in November 2018 aimed at identifying the most promising Indian startups in the domain of artificial intelligence (AI), machine learning, facial recognition and cyber security sectors. A total of 300 startups applied for the challenge. ParallelDots’ Chief Executive Officer, Angam Parashar attributes the company’s success to the strong research and development capabilities of ParallelDots which is constantly pushing the boundaries of its retail AI platform, Karna AI.

Karna AI provides an image recognition solution to CPGs and Retailers to track key shelf KPIs such as share of shelf (SOS), planogram compliance and out of stock (OOS).

Ankit Narayan Singh, CTO at ParallelDots, said, “This recognition is a testament to the immense effort put by our machine learning engineers to create SKU detection algorithm that needs just one sample image to train. Our research work has been published in top AI conferences like NIPS, ISBI and NAACL.”

ParallelDots revenue has grown 5x in the last 12 months with a global clientele spread across multiple geographies including the United StatesEuropeSoutheast Asia and India. The company has raised $2 Mn from Multipoint Capital and hopes to break even by the end of 2019.

 

SOURCE ParallelDots

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