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Generative AI Dictates Trillions of Dollars in Industry

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FN Media Group Presents GlobalInvestmentDaily.com Market Commentary

LONDON, Dec. 20, 2023 /PRNewswire/ — This year was the breakout year for Generative artificial intelligence (Gen AI). Tech companies, according to McKinsey, are positioned to see the most disruption from Gen Ai, “adding value equivalent to as much as 9 percent of global industry revenue”.   Mentioned in today’s commentary includes:  BigBear.ai Holdings, Inc. (NYSE: BBAI), Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), C3.ai, Inc. (NYSE: AI), Palantir Technologies Inc. (NYSE: PLTR).

Now, one emerging public company is developing AI in lockstep with the energy transition. This AI is being trained on very specific data sets to create ‘digital twins’ of large swaths of land to prevent forest fires and significantly reduce costs for critical infrastructure projects, including urban planning and natural resource protection plans. These types of projects are funded by multi-trillion dollar organizations in insurance, mining, and government, and are further supercharged by environmental grants and economic necessity.

Genesis AI Corp (AIG; AIGFF) is a remote sensing and analysis company that is acquiring large data sets and using AI to process them into risk mitigation tools to prevent the wildfires ravishing North America, introduce world-class precision forestry, give the mining industry a leg up in drilling and extraction, add to provide desperately-needed legitimacy to the booming carbon offset market and disrupt urban planning. Genesis’ AI is applicable to over $80 billion in combined markets—and counting.

Reimagining A Burning World With Genesis Ai

Mitigating wildfires, reinventing forestry, pinpointing natural resources for faster and cleaner mining operations, improving urban planning for greater efficiency, and giving the huge carbon offset market the one thing it needs most—credibility—is what Genesis Ai is all about.

Genesis AI Corp is developing Woodlands.ai to better manage natural resources through the building of digital twins of real-world forests that can be studied and manipulated for our benefit. Influenced by deep machine learning, neural networks and artificial intelligence, the applications are enormous and ground-breaking. This year alone, we’ve watched some 18 million acres of land burn, ravaged by North American wildfires, and climate change is behind the increasing scale and frequency of these fires. 

Genesis AI Corp’s new breed of AI in development offers us early detection so we can more effectively deploy resources to mitigate wildfires. It will help predict forest fire behavior, speed up response times and build more resilient forests by changing the way these lands are managed. It won’t just mitigate fires, either. It will help mitigate the risk of fire itself, through remote sensing and machine-learning.

With the Canadian government recently committing $256 million  to help solve the devastating wildfire problem, and the U.S. government investing $7 billion to manage the escalating wildfire crisis, Genesis is targeting a high-dollar segment of climate change damage control. 

It’s also working to corner the $6-billion Precision Forestry market, which McKinsey calls a “revolution in the woods“, and which the world-class team at Genesis sees as one of the most impactful and profitable applications of AI right now because it has the potential to increase productivity rates by up to 25% annually. Genesis’ Woodlands.ai is planning to help disrupt forestry by lowering delivered costs for wood and increasing wood yields, which in turn relieves pressure on forests, restoring an ecological balance. For the forestry industry, too, it’s money in the bank. And Genesis plans to do it all for half the cost of current solutions with its proprietary software.

Carbon Offset: Reinventing True Value and Lending Credibility

Right now, despite market value hitting $2 billion in 2021, quadrupling from 2020, carbon offset has a major credibility problem. It’s a segment racked with fraud, abuse, and extreme uncertainty. Now that it’s headed to an astonishing $250 billion by 2050, according to Morgan Stanley, being able to verify those claims and determine the real carbon offset value is an urgent issue for companies and stakeholders.

Again, this can circle back to Genesis AI Corp Woodlands.ai wildfire prevention development. Here’s how: Investing millions of dollars in forests for carbon offset projects represent a huge loss when those forests burn down. Genesis covers the risk mitigation for forests, and determines their true carbon offset value for stakeholders.

Genesis AI’s proprietary technology also presents a massive opportunity for the mining industry and Genesis plans to be a disruptive force in urban planning. This is geospatial data analysis on a different level providing the most critical insight into geological characteristics that could make or break a junior explorer given the huge cost of drilling and missing.

The Mining Module being developed by Genesis Ai is called GeoHarmony; it has proprietary applications, creating heat maps for high-value mineral zones crucial to our energy transition. The tech aggregates big data in hot zones, with metadata search functionality. It offers real-time analytics for drill teams and geologists to improve capital efficiency with a suite of advanced interpretation tools, including XYZ computer vision. 

Genesis also plans to take on urban planning for more sustainable, smart cities. This software market segment, worth $145 billion in 2021, is a climate change necessity. Genesis’ machine-learning algorithms and AI analyze traffic patterns and map out a better future that eases congestion and reduces emissions, in addition to mitigating risks of fires, floods and other natural disasters.

Huge Customer Base Potential in Markets Worth $80 Billion

Led by a team of veteran forestry, AI, high-tech and M&A experts who have worked on billion-dollar projects, Genesis AI Corp (AIG; AIGFF) is building the proprietary, powerful Woodlands.ai model that combines artificial intelligence and deep-tech as a holistic approach to tackling climate change and its impacts.

The margins and the revenue potential for Genesis Ai’s bespoke data intelligence is as big as the anticipated customer base, which runs the gamut from governments and landowners to fire officials, forestry companies, the agriculture industry, carbon project developers, commodities traders, insurance conglomerates, financial investors and hedge funds.

The market is as infinite as AI itself, and Genesis is positioning itself in the leadership of a combined $80-billion market that is only getting bigger. AI is one of the fastest-moving developments the world has even seen, with sentiments and adoption changing at breakneck speed.

The AI Market Is On Fire

BigBear.ai Holdings (BBAI) has a market cap of $282 million and a public float of ~133 million shares, with 142 million shares outstanding. BigBear.ai delivers AI and ML solutions for decision support. The company operates in two segments, Cyber & Engineering and Analytics, and offers high-end technology and consulting services. BigBear.ai empowers its customers with real-time decision-making capabilities by aggregating, interpreting, and synthesizing data. YTD shares of BigBear.ai are up 248%.

Alphabet Inc. (GOOGL) is another dominant force in AI. It’s widely known for its AI-driven products like Google Assistant, Google Translate, and deep learning ventures through DeepMind. Alphabet’s AI research and applications cover a broad spectrum, including computer vision, language understanding, and quantum computing. Recently, it even launched a new AI product named Bard to compete with Open AI and Microsoft’s Copilot.

Apple Inc. (AAPL) integrates AI into its wide array of consumer electronics and services. The company’s AI efforts are most visible in its Siri voice assistant, facial recognition technology, and smart recommendation systems across its platforms. Apple’s AI and machine learning strategy focuses on enhancing user experience and privacy, with a strong emphasis on on-device AI processing. Apple’s AI initiatives also include significant investments in machine learning startups and in-house development of AI chips, like the Neural Engine in its A-series processors.

C3.ai, Inc. (AI) specializes in AI and enterprise software. The company’s platform facilitates the rapid development and deployment of AI applications across various industries, including energy, manufacturing, and financial services. C3.ai’s solutions are designed to enable organizations to leverage AI for predictive analytics, process optimization, and improved decision-making. The company’s focus on AI for industrial applications sets it apart, providing a robust platform for enterprises looking to harness the power of AI.

Palantir Technologies Inc. (PLTR) is known for its data integration and analytics platforms, which heavily incorporate AI and machine learning. The company’s platforms, Palantir Gotham and Palantir Foundry, are used by government agencies and commercial entities for data-driven decision-making and operational intelligence. Palantir’s expertise lies in handling complex and sensitive data environments, where AI plays a crucial role in uncovering insights and patterns.

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PAID ADVERTISEMENT. This article is a paid advertisement.  FTB Capital and its owners, managers, employees, and assigns (collectively “the Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Genesis AI Corp (AIG;AIGFF) to conduct investor awareness advertising and marketing. Genesis paid the Publisher to produce and disseminate this article and related articles and banner ads for two hundred seventy five thousand dollars. This compensation should be viewed as a major conflict with our ability to be unbiased. 

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Shanghai’s Lujiazui adds 5 global asset management institutions

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SHANGHAI, March 5, 2024 /PRNewswire/ — Five global asset management institutions, including Aspect Capital and Schroders Capital, have signed agreements to settle in Shanghai’s Lujiazui Financial City, said local authorities.

According to Xiao Jian, head of Lujiazui administration bureau under the China (Shanghai) Pilot Free Trade Zone, Lujiazui Financial City has so far attracted more than 8,000 financial institutions.

Lujiazui has become an important cluster for global asset management institutions in China. It now boasts about 80 percent of foreign-funded asset management institutions, 40 percent of foreign-funded corporate banks, nearly one-third of public fund management companies, and nearly one quarter of insurance asset management institutions of the total in the country, Xiao said.

More than 80 world-renowned financial institutions from 13 countries have established over 120 foreign asset management institutions in Lujiazui.  

“Lujiazui is an important gathering place and business expansion place for global asset management institutions in China. We are very honored to have the opportunity to join the Global Asset Management Partner Program. We also hope that through this signing, we can contribute to building Lujiazui into the core area of a global asset management center and accelerating Shanghai’s entry into the forefront of global asset management center cities,” Li You, Chief Compliance Officer of Aspect Capital (China) Limited.

Shanghai has made a great stride in pushing for financial openness and attracting more global financial institutions and investors. The next step could be to take advantage the special status of Shanghai Free Trade Zone and Lingang special area to develop an off-shore financial system, adopting the most advanced financial business models and regulatory regimes,” said Yan Hong, professor of finance of Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University.

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LAMPRO International Distributor Summit: A Feast of Gathering and Future Prospect

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-Focus On Pro, Pro For Mate

HUIZHOU, China, March 5, 2024 /PRNewswire/ — On March 2-3, right on the 20th anniversary of the establishment of LAMPRO, the International Distributor Summit was successfully concluded in Huizhou. With the theme of “Focus On Pro, Pro For Mate”, the summit attracted more than 200 partners from all over the world, sharing the industry trend and advanced leading technology. During the summit, LAMPRO held an appreciation award ceremony and signing ceremony as well for partners to co-build a partnership system and create a brighter future together.

At the summit, Sichuan opera performances, band shows, and other entertainment sessions created a warm and comfortable homey vibe, so that every guest fully enjoyed the process. One of our partners even took the initiative to sing on stage.

To share business opportunities with partners and demonstrate the vision of prosperous development, LAMPRO has elaborately planned the “Tree of Dreams” launching ceremony and the 20th-anniversary sand painting video. In the beginning, Chairman Tiger Lin thanked all partners for choosing Unilumin and LAMPRO, and he emphasized, “It is vital to choose the right brand and bind with it, which will help you become an outstanding leader locally.” Afterwards, Mr. Lawrence Liu, General Manager of LAMPRO, shared the development strategy of LAMPRO partner system. The project director introduced and demonstrated LMini and other major product series in details, which greatly boosted the confidence of global partners.

Furthermore, to thank partners for their support and seek mutual development, LAMPRO also held an awarding session, a signing ceremony, and a visiting journey to the Daya Bay intelligent manufacturing base on March 3, which demonstrated the industry-leading intelligent manufacturing capabilities of LAMPRO and high quality of products. LAMPRO sincerely expects to establish a closer cooperative relationship with global partners. Partners said that they gained valuable friendship and cooperation opportunities at the summit, and highly recognized the manufacturing strength and product capability of LAMPRO.

Meanwhile, elaborately arranged lucky draws pushed the atmosphere to a culmination, in which prizes included electronic equipment of well-known brands. At the end of the dinner party, LAMPRO prepared unique souvenirs, including the 20th-anniversary mascot of LAMPRO, hoping to leave an unforgettable impression on every guest.

Looking ahead, we expect to share greater joys of success with more partners in subsequent distributor summits, create a bright future and display a better world together.

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Aptoide launches campaign for a truly open digital market with new DMA website

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LISBON, Portugal, March 5, 2024 /PRNewswire/ — Aptoide, the pioneer in global alternative Android app distribution, has launched a new campaign website, Leveling the game, including an Open Letter from the Aptoide founders, to demand full compliance from gatekeepers with the EU’s Digital Markets Act (DMA) and to urge regulators to take further action against anti-competitive practices by digital gatekeepers. Since 2011, Aptoide has been a vocal advocate for fair competition in the mobile app market, consistently challenging the market dominance of tech giants like Google.

 

With the March 2024 deadline for complete DMA compliance from gatekeepers set for this week, Aptoide sees this as a critical juncture for achieving true fairness in digital markets. However, the company also points out that significant obstacles remain, particularly with Apple’s recent DMA-related proposals, which include the introduction of a Core Technology Fee (CTF) and restrictive terms that limit developers’ access to alternative platforms.

“Aptoide has always advocated for a digital marketplace where innovation thrives and fairness reigns”, said Paulo Trezentos, Aptoide’s CEO and co-founder. “The DMA is a landmark step in that direction, but it’s clear that some tech gatekeepers are reluctant to let go of their stranglehold on the mobile industry. We must continue to push for reforms that will truly level the playing field”.

Aptoide argues that Apple’s proposed changes mostly serve to preserve its market dominance rather than to foster genuine competition, maintaining control by imposing disproportionate fees on alternative app stores and discouraging users from exploring non-Apple ecosystems through complex installation processes and misleading warnings.

Álvaro Pinto, co-founder and COO of Aptoide, added, “We’re at a crucial moment where the actions of regulators will determine the future of digital markets. Apple’s half-hearted reforms under the DMA are simply not enough. We need to ensure that the spirit of the DMA is not lost in loopholes and half-measures”.

In response to these challenges, Aptoide calls on EU authorities to hold Apple accountable and to demand that they:

  • Eliminate or significantly reduce the CTF to reflect actual costs.
  • Offer developers the freedom to choose between distribution models without restrictions.
  • Simplify the app installation process for a better user experience.
  • Apply the CTF fairly across all market participants.
  • Remove misleading warnings about alternative payment systems.
  • Ensure the confidentiality of data from competing marketplaces.

Aptoide believes that real competition can only emerge if the EU takes decisive action to enforce open market principles, leading to a digital marketplace that values fairness and innovation. And that the fight for an open digital marketplace is far from over and requires a united front. That’s why the company urges developers, consumers and regulators to join in demanding more from both Apple and Google.

Aptoide invites all stakeholders to visit their new DMA advocacy landing page, Leveling the game, to learn more about the ongoing struggle for an open digital world and to join the movement against the outdated monopolistic tactics of dominant gatekeepers.

Read the Aptoide Founders’ Open Letter about the DMA and what we need for real digital freedom here:

Open Letter from the Aptoide Founders

About Aptoide

Aptoide is a game-changing app distribution and payment processing platform, with over 430 million users, 10 billion downloads and 1 million apps. Available on multiple channels including Android, Web, TV and automotive, Aptoide offers developers a trusted, experienced partnership with a deep understanding of all ecosystems.

Please contact: press@aptoide.com 

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