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Squirrel AI Learning featured in article by Leiphone.com

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Squirrel AI Learning was recently featured in an article by Leiphone.com. Below is the full article:

May 16, 2019Berlin, cloudy. The AI technology reporter, overcoming the jet lag of 6 hours, arrived at the entrance of the business hall of German Telecom in Franzosische Strase at about 10 o’clock local time. Soon, RISE OF AI, a grand event about AI technology, would start here.

“In the field of AI, China has invested hundreds of billions of dollars, while the German government invested only 0.5 million euros last year. This is the gap.” After the event started, Fabian Westerheide, a German strategy expert, entrepreneur and venture capitalist in AI, made a speech entitled “Overview of AI industry in 2019”. He is a representative in the German venture capital industry and has invested in Delivery Hero, a giant in the Internet industry in Europe.

In a brief introduction in the official website of the event, he claimed that he was “an avid science fiction enthusiast from an early age” and later turned “the enthusiasm for promoting science and technology and the progress of human society” into his mission. As one of his efforts to fulfill the mission, he initiated the first RISE OF AI event in 2014 attended by only 10 people. While now that figure has risen to 800.

Except the good-looking venue and the rich variety of food, RISE OF AI is not so different from other AI events attended by the reporters. The different attraction is those keynote speeches with strong European features, such as “Political Correctness of AI” (people-oriented, value-oriented, human-friendly), “Reflection Between the United States and China“, speeches on conceptions to develop European AI, and the reflections on developing European/German AI (Germany is indeed a philosophical power!).

To enable readers to know more about the event, we are going to introduce our experience in the event with three keywords to provide some enlightenment by the following presentation.

Keyword 1: “China

“If you look for a job, stay with them first. If you want to buy a company, look at them.” In the opening speech, Fabian Westerheide summarized the AI industry in China in this way. “China” is undoubtedly one of the most prominent keywords of this event. Two of the four main speeches in the morning adopted the keyword of “China“.

AI technology review focuses on “AI IN CHINAEUROPE AND USA: A COMPARISON OF TECHNOLOGY AND RESEARCH”, a speech in the morning, which was given by Dr. HANS USZKOREIT, Director of Science at the German Center for Artificial Intelligence Research who once worked in China for 2 years.

As to AI in China, this is what he views:

  • First, China focuses on applying machine learning to computer vision, natural language processing, robotics, and big data analysis;
  • Second, most studies follow the most popular deep learning approach at the moment.
  • Third, a high volume of data.

He said that China did well in AI industrialization but had weak foundation in the basic research of AI compared with the United States and Europe. He demonstrated his opinion with a few diagrams:

Dr. HANS USZKOREIT thinks that AI research in China was more “pragmatic” because Chinese people often lacked patience and wished that “their efforts would pay off quickly”. “They would not work on topics for tomorrow or the day after tomorrow,” said Dr. HANS USZKOREIT.

He further explained that with the expansion of Tencent, Baidu and other Chinese tech giants, China had more urgent demand for basic research. Therefore, Dr. HANS USZKOREIT believed the great opportunity for Europe to cooperate more with China would come soon.

Europe cannot compete with China in areas where China has been fully developed,” added Dr. HANS USZKOREIT.

“Once the Germans decide to do something, such as AI, they will do it the best. Unlike Americans who tend to keep a high profile, German people will try their best to lay a solid foundation in that field,” said Dr. Cui Yan, distinguished professor in Wu Yi University, vice principal of College of Innovation and Entrepreneurship and director of Sino-German Institute of Artificial Intelligence. He was invited to deliver a speech entitled “DIGITAL FUTURE – RESEARCH AND APPLICATION OF ARTIFICIAL INTELLIGENCE IN CHINA” at the main venue. He has been in Germany for 10 years and is quite familiar with Germany’s attitude to research and development.

“They have been doing researches in the field of AI since 1980s, including the researches in data, algorithms, R&D iterations, product updates, etc. They do things in a quite solid way and are not easy to be affected by something else. They don’t care what Google or Intel has done or is doing. The cycle of their research and development is quite long, maybe three, five or ten years. Before completing the defined project, they will not change the project process too much,” added Dr. Cui Yan.

“Dr. HANS USZKOREIT said that the Chinese are a little impatient. How do you like his opinion?” asked the AI technology review reporter.

“It is easy for us to be patient. But what will patience bring us if we can’t survive in certain field? The industrial base of Germany provides them with the patience by which they can develop an industry. Only with solid foundation can you do everything patiently.”

Keyword 2: “Win-win”

Compared with other well-known international AI summits, RISE OF AI was so mediocre. It was hard to find Chinese representatives at the summit. The only Chinese enterprise representative at the summit was Squirrel AI Learning by Yixue Gorup, which was a surprise for me.

Dr. KP Thai, a data and learning scientist at Squirrel AI Learning was invited to deliver a keynote speech entitled “HOW AI CAN TRANSFORM THE EDUCATION INDUSTRY” in AI Applied Stage this morning. To put it simply, Squirrel AI believes that one of the biggest problems in traditional education is the lack of personalized teaching and counseling provided by high-quality teachers. Therefore they developed their own AI adaptive technology to solve this problem.

DR. KP THAI gave an in-depth introduction to the AI adaptive learning engine built by Squirrel AI, which makes use of many latest innovations in AI technology, including Probabilistic Knowledge State (PKS) model, Multi-model Integrated Behavior Analysis (MIBA) system, Natural Language Processing and their unique knowledge components, which can provide children with an engaging learning experience.

“These technologies are actually very easy to understand: personalized teaching,” said Dr. KP THAI when explaining how to understand Squirrel AI Learning’s adaptive learning. “Squirrel AI System analyzes the advantages and disadvantages of students in learning through data segmentation and provides feasible and immediate suggestions for teachers. Then the system will provide continuous formative assessment for teachers in real time to relieve the burden of teachers in evaluation and management, and finally form a positive cycle and provide corresponding guidance, practice, feedback and ability evaluation for each student.”

“We are curious about what feedback these European participants have given you privately?” asked the AI technology review reporter.

“These European participants are very modest. They think that AI in Europe is not as brilliant as that in the United Statesand China. Even so, they still want to be engaged in the development of AI. However, they do not want to just be a winner in the battle. Instead, they hope to solve problems in health, education and other fields through AI. Of course, they want to do it in a more secure way that protects privacy. Some speakers at the venue have expressed their recognition of us. They believe that AI + education will surely be the future and they are surprised at our current growth rate. They often ask when Squirrel AI Learning will enter the European market and they hope to have some cooperation with us,” replied Dr KP THAI.

“RISE OF AI is a relatively small meeting. Why does Squirrel AI Learning choose to attend it?” asked the AI technology review reporter.

“Squirrel AI Learning’s adaptive technology has been evolving. We hope that the system can better predict students’ proficiency in learning, and better identify cases where students misunderstand what they are learning. To do all these well is actually a big project. So we would like to establish partnerships with top institutions in research. For example, we have recently established a research laboratory with Carnegie Mellon University mainly for the research and development of classroom projects. In addition, we have established cooperative relations with many research institutions around the world. In short, we hope to get more cooperation opportunities by attending the event. One benefit you can enjoy by working with us is that we will provide a large quantities of cases and data, and tell you our research directions.”

Dr KP THAI paused and then continued to add, “The AI technology has not been fully exploited in the education industry. Many problems in the industry can undoubtedly be solved through AI. However, many people have no idea of such possibility.”

Keyword 3: “AI Made in Germany

Some of the speeches delivered at Future Stage did not impress the reporter. Because AI in China has been developing so fast that when hearing speeches with certain topics, the reporter could not help but think that there was a long way to go for Europe in the field of AI.

Even the host quipped at the meeting that outside the venue, no other Europeans knew anything about AI.

In the opening speech delivered in the morning, Fabian Westerheide summarized the reasons for the lag in AI development in Europe:

  • Fewer start-ups
  • Imperfect venture capital system
  • Backward political agenda

When seeing such speeches as “AI MADE IN GERMANY – RESPONSIBLE AI AND AMPLIFYING HUMAN INGENUITY” and “DEBATE: WHAT DO WE NEED FOR ‘AI MADE IN GERMANY‘?” in the agenda at Future Stage that tried to justify AI in Germany, the reporter was quite surprised. In particular, the later debate (in fact, it was more like a round-table conference) even invited members of the German Parliament and the AI committee to discuss with each other.

The debate was quite informative. The reporter summarized it into the following key points (personal opinions, for reference only):

  • Be wary of the intentions to label German AI with “super ethical”.
  • The absence of political management has hindered the development of AI, which is even legitimized by Ethical Framework. Ethical Framework is necessary but it should not deny the development AI in any possible ways.
  • There should be no “bias” against any science and technology projects in any specific country. All evaluation indicators should be based on scientific standards.

Many people in the industry are requesting politicians to make compromise, hoping that these politicians will formulate more favourable policies that facilitate the development of AI industry. However, the politicians just respond to these requests in a perfunctory manner.

Since understanding these speeches requires in-depth understanding of the scientific and technological and political climate in Europe, no further interpretation will be made so as not to mislead readers.

Summary

RISE OF AI is like a window through which we can catch a glimpse of the development of AI in Europe. The reason why the reporter uses the phrase “catch a glimpse of” is that there were many interesting speeches in other venues, but due to time limit, the reporter didn’t access those speeches, and as a result, the reporter has not achieved a comprehensive understanding of the development of AI in Europe.

Despite that, we can still detect the position of Europe between the pressures of US and China and understand that Europe is advancing its AI industry in a slow yet methodical way, the way European people do everything else.

 

SOURCE Squirrel AI Learning

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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