Fintech PR
Ping An approves the creation of a new-generation open and innovative AI platform
Reading Time: 3 minutes
2019 World Artificial Intelligence Conference (WAIC), a conference bringing together the world’s leading artificial intelligence (AI) technologies, formally raised the curtain on August 29. The conference attracted industry leaders and cutting-edge technologies from both within China as well as many different countries and regions around the world. OneConnect, a leading technology-as-a-service platform for financial institutions in China, showcased several futuristic technologies at the conference, showcasing to the industry its scientific and technological capabilities alongside results in empowerment.
At the conference, Li Meng, Vice Minister of Science and Technology of the People’s Republic of China, announced ten open and innovative AI platforms that had been approved at the state level. Ping An Insurance (Group) Company of China, Ltd. (“Ping An Group” or “the group”) (HKEX: 2318; SSE: 601318) was the only financial institution approved to create one of the new national AI open innovation platforms (financial inclusion). On behalf of the group, co-CEO Chen Xinying was present at the conference and received the license from the Ministry of Science and Technology to create the platform. OneConnect, an associate of Ping An Group with rich experience in the financial industry, will be the main participant in the creation and management of the platform, empowering it with technologies.
During the event, OneConnect demonstrated advances in text reading comprehension and intelligent customer service, among other AI technologies. Leveraging a combination of named entity recognition (NER), Sequence Labeling, Transformer and QANet, the text reading comprehension technology identifies and extracts multi-granularity fields from the target text document in order to generate the logical structure of a complex text intelligently. The highly customized text reading comprehension model, which integrates the Chinese-language environment with the legal context, analyzes legal documents accurately and efficiently. People who lack the expertise cannot be expected to understand a legal document consisting of thousands of words in a short time. At the booth, the company demonstrated the text reading comprehension technology’s capability in instantly making a complex document clear and easy-to-understand by scanning and analyzing the key words and word classes within the document based on a given logic. The technology can even handle versions of a document captured as an image using a smartphone.
Intelligent customer service is one of the AI technologies highly relevant to conference attendees. An unavoidable aspect of life today is that one finds oneself obliged to converse with a machine rather than a human being when phoning large organizations. OneConnect also demonstrated multiple round dialogue and semantic comprehension technologies at the booth. The smart machine proved to be perfectly capable of understanding what the attendee was saying as well as to provide written responses and even deliver an analysis of the results based on the corresponding logic. With the emotion recognition technology, an intelligent call-out robot helps reduce the number of complaints processed manually, supplying a solution that enhances business efficiency by perceiving the customer’s change in emotions during the course of the interaction. The service can be applied in several financial service scenarios, including standard responses to clients that are a part of customer service operations, new product recommendations, repayment reminders, customer follow-up calls and surveys. Replacing the majority of customer service actions that are manual in nature with robots helps reduce labor costs and improve the service efficiency of the call center.
OneConnect, using multiple AI technologies including text reading comprehension and intelligent customer service, integrates various financial business scenarios and applies them in businesses such as insurance, customs and investment. The lineup of quick payment, cross-border trade financing and other kinds of smart contracts showcased at the conference drew the attention of many attendees who stopped by and expressed interest through their many questions. Supported by blockchain and AI technologies, the OneConnect smart contract cloud platform is based on the full life cycle management of contracts typically used by financial institutions and provides intelligent solutions culminating in the intelligent management of and application to contracts. At present, more than 20 intelligent tools and services have been developed on the platform, including automatic contract generation, intelligent document analysis, automated backfilling of information on standardized forms, blockchain certificates of deposit, intelligent recognition and identification, intelligent contract execution, creation of company profiles, issuing of risk alerts and public opinion monitoring, to help financial institutions effectively reduce contract risks and costs, while improving transaction and operational efficiency.
In addition to AI, OneConnect also demonstrated a futuristic technology — 3D zero-knowledge verification technology using blockchain. This technology delivers “data availability” on the premise of guaranteeing privacy, solving the privacy challenge faced by a large amount of data involved in AI model training. The technology has massive potential as an application in supply chain finance, trade finance, business investment and other scenarios.
OneConnect, as the unit within Ping An Group responsible for the creation and promotion of the firm’s “finance + technology” approach to many of the solutions being sought in today’s business environment, makes its leading technologies and solutions available to the industry, endowing financial institutions not only with new business capabilities, but also enhanced operation and management competencies, helping the institutions to engage in both internal and external improvements, while promoting their intelligent transformation.
SOURCE OneConnect
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
The following files are available for download:
|
Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
|
|
EQT AB Group |
View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html
- 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.”
Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kia-presents-roadmap-to-lead-global-electrification-era-through-evs-hevs-and-pbvs-302109142.html
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
Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html
-
Latest News4 days ago
DEMAND AT ASIAN FACTORIES RISES AT STRONGEST RATE IN OVER 2 YEARS, IMPROVING NEAR-TERM GROWTH OUTLOOK FOR MANUFACTURING WORLDWIDE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
-
Latest News7 days ago
EQT to sell Rimes, a global leader in enterprise data management solutions for the investment industry, to Five Arrows
-
Latest News5 days ago
Former Dreambox CEO Jessie Woolley-Wilson Joins Owl Ventures as Operating Partner
-
Latest News4 days ago
Bitrue Gears Up for 2024 Bitcoin Halving with Trading Competition
-
Latest News4 days ago
Global Airlines Appoints New Head of Finance from KPMG
-
Latest News4 days ago
Spendesk combines procurement with spend management through Okko acquisition
-
Latest News4 days ago
BtcTurk Organizes Half Marathon in Istanbul to Celebrate Halving Period
-
Latest News3 days ago
“The Hainan FTP and Me”: Looking at Hainan’s Transformations