#Mining #Stock News: Aurcana Silver (TSXV: $AUN.V) (OTC: $AUNFF) Provides Update on Mill Commissioning and Mine Ore Sampling; @AurcanaC

#Mining #Stock News: Aurcana Silver (TSXV: $AUN.V) (OTC: $AUNFF) Provides Update on Mill Commissioning and Mine Ore Sampling; @AurcanaC

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

VANCOUVER, British Columbia - October 5, 2021 (Investorideas.com Newswire) AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN, OTCQX: AUNFF) is pleased to provide an update on development progress for the 1800 level stopes and mill operations.

 

Read this news, featuring AUN in full at https://www.investorideas.com/CO/AUN/news/2021/10051Update-Mill-Mine.asp

 

The mill construction is complete and final commissioning of the mill is ongoing. Development ore was stockpiled for processing during the commission period with final commissioning to coincide with stope ore. Mill throughput has been tested as high as 13 tons per hour (tph) 312 tons per day (tpd) without any major issues arising. The targeted mill throughput is 270 tph. Both lead and zinc concentrates are being produced and it is anticipated that the first shipment will occur during the week of October 4th. Although early in the start-up process, metallurgical performance of the mill and flotation circuits appear to be as forecast in the Feasibility Study.

 

Lateral development on the 1800 level is progressing well; the first stope ore came online from the 1800 level on September 25th. Geological sampling of development headings shows an average weighted silver equivalent grade of 39 ounces per short ton, with grades as high as 196 ounces per short ton (AgEq/ton) compared to the modeled grades in the same area of approximately 27 AgEq/ton.

 

The first stope will be brought into the production sequence in phases, based on the timeline indicated in Figure 1.

 

1800 level 980-1450 Stoping Block

¹ By-product credit metal pricing is the same as Silver equivalent pricing

 

Qualified Person Statement

The scientific and technical content of this news release was reviewed and approved by Michael Gross, P. Geo, a "qualified person" within the meaning of NI 43-101

 

ABOUT AURCANA SILVER CORPORATION

Aurcana Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA SILVER CORPORATION

"Kevin Drover"
President & CEO

 

For further information, visit the website at www.aurcana.com or contact:

Aurcana Corporation
850 - 789 West Pender Street
Vancouver, BC V6C 1H2
Phone: (604) 331-9333

Gary Lindsey, Corporate Communications
Phone: (720)-273-6224
Email: gary@strata-star.com

 

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement (including with respect to the timing of closing of the Private Placement). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

 

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Aurcana Silver Corporation (TSXV: AUN) (OTC: AUNFF) is a featured Mining stock on Investorideas.com

 

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#Mining #Stocks in the News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) to Mobilize Second Drill to Wicheeda Rare Earth Element Project; @DefenseMetals

 

Vancouver, British Columbia – October 5, 2021: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased announce plans for the mobilization of a second diamond drill to expedite its ongoing Wicheeda Rare Earth Element (REE) deposit resource expansion and delineation diamond drill program.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/10051Defense-Metals-Second-Drill-Wicheeda.asp

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Drilling to date at Wicheeda has been progressing rapidly with over 1,500 metres in eight diamond drill holes completed to date since commencement of the drill campaign less than four weeks ago. Rig #1 is expected to continue drilling on the north end of the Wicheeda REE Deposit, while Rig #2 is expected to commence coring a series of infill holes within the central deposit area by mid-week (Figure 1). 

 

Craig Taylor, CEO of Defense Metals, stated: “We are extremely pleased to have secured a second diamond drill to expedite completion of our Wicheeda REE Deposit resource expansion and delineation program. With this additional drilling capacity, we expect to be well positioned to deliver on our 2021 exploration goals. Based on contractor negotiations, we expect the second drill rig to  be in a positioned to commence coring by the mid-week.”

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein. 

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the completion of drilling and the expected timelines, results and outcomes, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those other risks filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

Breaking #Cleantech #Stock News- Healixa (OTC: $EMOR) Signs Supply Partnership with Solar Integrated Roofing (OTC: $SIRC) for Global Aquaduct® #Solar Components; @SIRCStock

Breaking #Cleantech #Stock News- Healixa (OTC: $EMOR) Signs Supply Partnership with Solar Integrated Roofing (OTC: $SIRC) for Global Aquaduct® #Solar Components; @SIRCStock

 

The component parts alone for Global Aquaduct® represent a potential $90,000,000 addressable market opportunity for Solar Integrated Roofing

 

 

New York, NY, and El Cajon, CA--October 5, 2021 -- Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com Healixa, Inc. (OTC: EMOR) (“Healixa”, or the “EMOR”), a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water, and green-tech industries, and Solar Integrated Roofing Corp. (OTC: SIRC) (“SIRC” or “Solar Integrated”), an integrated, single-source solar power and roofing systems installation company, have signed a strategic component supply agreement Letter of Intent (“LOI”) whereby Solar Integrated will supply solar panels and components for the Global  Aquaduct® device utilizing Healixa’s Atmospheric Water Harvesting® (“AWH™”) with an expected near-term potential addressable opportunity to SIRC of $90 million.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/10051SIRC-EMOR-Solar.asp

 

AWH™ is a game changing clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy using a solar panel. AWH® is not reliant on relative humidity and can be operated sustainably to provide up to 600L of potable water a day with the Global Aquaduct® device. Under the agreement, Solar Integrated Roofing Corp. will provide solar and other component parts for Healixa’s Global Aquaduct®.

 

“As we move toward finalizing prototype and As we progress in our conversations with groups such as UNICEF and other government agencies, we are finalizing supply chain partners for mass production of the Global Aquaduct®," said Ian Parker, CEO of Healixa.  “We chose to align with SIRC for the supply of solar panels to power the Global Aquaduct® because of their significant expertise in solar products and services, U.S. based operations and broad network of industry relationships. Utilizing SIRC will allow us to quickly build a solar energy equipment supply chain that can scale with demand.

 

“It is important that we source supply chains that are USA based as we build out our Department of Defense (“DoD”) and Special Operation Forces (“SOF”) distribution channels. Solar Integrated Roofing provides us with a multitude of options for the power components that will meet the supply chain requirements of DoD and SOF. Providing safe and easily deployed turnkey water solutions to our armed forces anywhere in the world is one of our priorities. We continue to make significant progress in the health-tech space with our partnership with a tech-enabled global ride share company to offer last-mile delivery services of prescription medications directly to any customer’s doorstep, and we expect to make the same impact with our AWH® technology,” concluded Parker.

 

David Massey, CEO of Solar Integrated added, “Given the uniqueness of the Healixa’s AWH® technology to harvest unlimited water from the air, we believe that we can help enable the energy to power the unit with our clean solar “off-the-grid” components. Given that the expected near-term addressable market for the Global Aquaduct® is greater than 300,000 units, this gives us a potential $90 million revenue stream or more with full penetration.”

 

Healixa estimates the final sales price of units to be under $12,000 of which the solar panel components will make up approximately $300 per unit. 

 

About Healixa Inc.

Healixa is a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water generation and green-tech industries. Healixa embraces innovation by combining its intellectual properties, patents, strategic collaborations, and partnerships to create a “LaunchPad” of disruptive sustainable products. For more information please visit www.healixa.com.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-looking Statements

Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining regulatory approval or patent protection; and competition from other companies. Except as otherwise required by law, Healixa Inc., f.k.a. Emerald Organic Products, Inc., undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

Healixa Contact

Bret Hedges

SVP

833-432-5492

invest@healixa.com

 

Solar Integrated Roofing Corp Contact

Lucas A. Zimmerman

Director

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us     

 

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#Tech #Stocks News: GBT (OTCPK: $GTCH) is Researching to Automate IC’s Connectivity Mismatches Correction to Achieve Faster and Better Advanced Nanometer Designs

 

#Tech #Stocks News: GBT (OTCPK: $GTCH) is Researching to Automate IC’s Connectivity Mismatches Correction to Achieve Faster and Better Advanced Nanometer Designs

 

SAN DIEGO, CA, October 5, 2021 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is researching to automate integrated circuits electrical connectivity mismatches correction to achieve faster and more efficient designs; particularly, for advanced nanometer range of 5nm and below. The project’s internal code name is SIGMA. A provisional application was filed on September 27, 2021 in the U.S. Patent and Trademark Office (“USPTO”). The application has been assigned serial number 63248550 with the USPTO.

 

Read this news featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/10051IC-Connectivity-Mismatches-Correction.asp

 

In the past decade the IC industry has experienced exponential improvements in design and manufacturing domains. As science continues to overcome physics and electrical obstacles, these barriers are constantly moving. An IC design flow comprises of stages which involve software tools that architect, capture, simulate and verify the IC’s correctness. These computer-aided-design (CAD), also called EDA (Electronic Design Automation) are key aspects in transforming product’s definition and circuit concepts into production-ready IC design. One of the must have tools is the Layout-Vs-Schematics computer program (also called LVS verification), which verifies the electrical connectivity of an IC layout against its schematic diagram. Mismatches mean a non-functional chip or wrong electrical functionalities. Typically, in custom and semi-custom IC layout styles, these corrections must be done manually which is a significant time-consuming process. GBT is researching to develop an LVS Auto-Correct computer program for IC layout electrical connectivity mismatch corrections. The system will read an IC’s schematic and layout data, compare their electrical connectivity and in case of mismatches detection, disconnect, and re-route creating a correct electrical connection. The system will take into consideration the process design rules, reliability constraints and DFM (Design for Manufacturing) aspects. GBT believes that such an automation tool will majorly reduce the overall IC’s design time and time to market.

 

“A typical microchip design process includes many steps. After the IC’s specification and architecture stage, a schematic diagram that represents the integrated circuit is prepared. The schematic diagram provides a representation of the logical connections between the logic elements that form the integrated circuit. Once the schematic diagram has been tested to verify that the circuit performs the correct functions, the schematic diagram is converted into a mask layout database that includes a series of polygons. These polygons may represent the logic elements and the logical connections from the schematic diagram. The mask layout database is then used to form a series of photomasks, also known as masks or reticles, that may be used to manufacture the different layers of the integrated circuit. Typically, the mask layout database is created manually by a mask designer or automatically by a synthesis tool. Once the mask layout database is complete; polygons that form electrical connections in the mask layout database are compared to the logical connections from the schematic diagram. This comparison, called LVS (Layout-vs-Schematic) may result in connection mismatches between the schematic diagram and the mask layout database. A connection mismatch typically, indicates that an electrical connection in the mask layout database does not match its corresponding logical connection in the schematic diagram, which may cause a circuit malfunction or wrong operation. A correction of electrical connectivity mismatches within an IC data can be a significant time-consuming process; especially, with advanced nanometer chips like 5nm and below. These are exponentially growing, and include billions of transistors, which is why we are researching to develop an automated LVS correction system. Such a system will analyze an entire chips data, check for electrical connectivity mismatches, and Auto-Correct them with a click of a button. The correction process will be involved with identifying existing mismatch connections, disconnect them, and re-route correctly. The process is targeted to take minutes, which as typically, takes days to fix manually. We plan to incorporate our neural networks and advanced computational geometry algorithms to achieve these functionalities. We have already filed a provisional patent to protect the project’s system and methods and will file a non-provisional patent in the upcoming months to protect the IP. We firmly believe that such a system can become a significant productivity enhancement tool for all IC design firms; one to significantly, reduce their project’s design times and bringing them faster to the market,” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  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 because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  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 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 the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Oracle Adds New AI Capabilities to Financial Services Compliance Application, and Verizon Business Partners with CareAR to Enhance Service and Customer Experience

 

Global Edge #AI #Software Market to Reach $2.27B in 2027

 

Point Roberts WA, Vancouver BC – October 4, 2021  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence

 

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NYSE:ORCL) (NYSE:VZ) (NasdaqGS:XRX)

 

Oracle Corporation (NYSE:ORCL) has announced new AI governance capabilities to its Oracle Financial Services Compliance Studio application, including “a new visualization canvas that fosters more inclusive machine learning model creation, alerts for potentially sensitive issues, and new in-memory sandboxes to more easily create and refine models.” John Edison, group vice president, software development, Oracle Financial Services, explained:

 

"There is clear consensus across financial institutions that AI and machine learning have tremendous potential to increase the effectiveness of anti-money laundering and other financial crime detection programs, and deliver higher efficiencies in the investigative process. However, there are hurdles to ensuring that AI is used responsibly and ethically in a way that is fair, transparent, and easily understood. The new capabilities in Oracle Financial Services Compliance Studio provide the right governance and controls required to meet these objectives."

 

Verizon Business (NYSE:VZ) and CareAR, a subsidiary of Xerox (NasdaqGS:XRX), have announced a strategic partnership to transform the latter’s service and customer experience. This will bring together Verizon’s 4G, 5G networks, and near real-time compute technology with CareAR’s augmented reality and AI-based platform, allowing technicians to “​​remotely and proactively resolve service issues faster, smarter and more safely, leading to a more efficient customer experience.” CareAR’s President, Sam Waicberg, said:

 

“CareAR is focused on making expertise accessible - instantly and with context. Users are empowered with on-demand visual access to experts and instructional content delivered to their preferred device. Our strategic partnership with Verizon enables us to push these capabilities even further, resulting in improved customer outcomes and helping to solve major challenges for service providers, such as reducing carbon emissions and bridging the talent gap.”

 

Global Edge AI Software Market to Reach $2.27B in 2027

 

A report published by Market Research Future finds that the global Edge AI Software market is projected to reach $2.27 billion USD in 2027, registering a compound annual growth rate (CAGR) of 21.3 percent in the forecast period 2021-2027. An excerpt from the report’s description outlines drivers influences the market’s growth:

 

There is a broad list of edge AI applications. Facial recognition and real-time traffic reports on smartphones and semi-autonomous vehicles or intelligent devices. Video games, smart speakers, robots, drones, security cameras, and wearable health monitoring devices are among the other Edge AI-enabled items. The security camera detection procedure will benefit from edge AI. Traditional surveillance cameras capture images for hours before storing and using them as needed. With Edge AI, however, the algorithmic procedures will be carried out in real-time in the system itself, allowing the cameras to detect and process suspicious activity in real-time, resulting in more efficient and cost-effective services. The capacity of autonomous vehicles to process data and images in real-time to identify traffic signs, pedestrians, other cars, and roads will rise through Edge AI, enhancing transportation security.In terms of industrial IoT, Edge AI will lower costs and increase safety (IIoT). Machine Learning will recompile data in real-time of the entire process, while AI will watch machinery for probable defects or faults in the production chain.

 

Sam Mowers, Investorideas.com

 

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