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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.

** IMPORTANT NOTICE AND DISCLAIMER — PLEASE READ CAREFULLY! **

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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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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