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Government of Canada creates Advisory Council on Artificial Intelligence

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Artificial intelligence (AI) is a set of complex and powerful technologies that will touch or transform every sector and industry in Canada. It has the power to help us address some of our most challenging problems, from improving Canadians’ health to fighting climate change. It will also introduce new sources of job creation and sustainable economic growth. Canada has already started harnessing AI through the AI supercluster, based in Montréal.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced the launch of the Advisory Council on Artificial Intelligence. This is the next step in the Government of Canada’scomprehensive approach to supporting this important new sector. The Minister announced the creation of the Council while in Paris for the G7 meeting of Digital Ministers. The theme of this year’s meeting is “Building Digital Trust Together.” Participants will reflect on the parameters required to foster innovation while building trust in digital societies and economies.

The council will advise the Government of Canada on how best to build on Canada’s AI strengths, identify opportunities to create economic growth that benefits all Canadians and ensure that AI advancements reflect Canadian values. The Government is committed to promoting a human-centric approach to AI, grounded in human rights, transparency and openness. These values will ensure that we can increase trust and accountability in AI while protecting our democratic values, processes and institutions.

Specifically, the council will establish a working group on commercializing value from Canadian-owned AI and data analytics, building on the work started by the Digital Industries Economic Strategy Table. It will also provide advice on how best to advance the goals laid out in the Canada-France Statement on Artificial Intelligence and will support Canada’s participation in various international engagements such as the G7, the G20, the OECD and the World Economic Forum.

The advisory council will be co-chaired by Foteini Agrafioti, Chief Science Officer for the Royal Bank of Canada, and Yoshua Bengio, Scientific Director of the Montreal Institute for Learning Algorithms.

Members of the advisory council also include:

  • Pierre Boivin, President and CEO, Claridge
  • Natalie Cartwright, Co-Founder and Chief Operating Officer, Finn AI
  • Marc-Antoine Dilhac, Canada Research Chair in Public Ethics and Political Theory, Université de Montréal
  • Eli Fathi, Co-Founder and CEO, MindBridge Analytics Inc.
  • Geoffrey Hinton, Chief Scientific Advisor, Vector Institute for Artificial Intelligence
  • Ian Kerr, Canada Research Chair in Ethics, Law and Technology, University of Ottawa
  • Jordan Kyriakidis, Co-Founder and CEO, QRA Corp.
  • AJung Moon, Director, Open Roboethics Institute
  • Mona NemerCanada’s Chief Science Advisor
  • Teresa Scassa, Canada Research Chair in Information Law and Policy, University of Ottawa
  • Elissa Strome, Executive Director of the Pan-Canadian AI Strategy, Canadian Institute for Advanced Research
  • Richard Sutton, Chief Science Advisor, Alberta Machine Intelligence Institute
  • Geneviève Tanguay, Vice President of Emerging Technologies, National Research Council Canada

Quotes

“Artificial intelligence is more than just a new product or service. It has the potential to help us solve some of the most difficult challenges we face, create jobs and growth across all industries, and improve the lives of all Canadians. The advisory council will help us capitalize on Canada’s leadership in AI in ways that upholds Canadian values of inclusiveness and diversity so that all Canadians can participate in and benefit from the digital economy.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

“Artificial intelligence has enormous potential to help us design the responsive digital services that Canadians demand, but it must be used ethically and responsibly. The Advisory Council on Artificial intelligence will give us essential expertise from across industry, academia and government to make sure we use AI in a way that is transparent, deliberate and accountable.”
– The Honourable Joyce Murray, President of the Treasury Board and Minister of Digital Government

Quick facts

  • Canada has a strong foundation in AI to build on, with strengths in science, skills and talent, and clusters, as well as a thriving start-up ecosystem. Canada is home to more than 800 AI companies, and the number of Canadian AI start-ups is growing by approximately 28% year over year.
  • Artificial intelligence is an important contributor to Canada’s economy. In 2018, $548 million in venture capital was invested in Canadian AI companies, an increase of approximately 50% from 2017. As well, Canadian job opportunities in the field of AI grew by nearly 500% between June 2015 and June 2017.
  • The government selected five superclusters that represent more than 450 businesses, 60 postsecondary institutions and 180 other participants. These superclusters are all planning to support projects that will promote the development or use of AI in their respective industries. The AI-Powered Supply Chains Supercluster (SCALE.AI) will be the supercluster with the biggest focus on AI, undertaking activities to develop next-generation AI-powered supply chain platforms and create over 16,000 jobs for Canadians.
  • The Pan-Canadian Artificial Intelligence Strategy supports AI research and talent attraction and retention in Canada, promotes collaboration between Canada’s main centres of AI expertise, and positions Canada as a leading destination for companies in this sector.
  • The Government of Canada’s support for the Advisory Council on Artificial Intelligence will be led by Innovation, Science and Economic Development Canada in collaboration with Global Affairs Canada, the Treasury Board of Canada Secretariat and the Privy Council Office, as well as other federal departments and partners.
  • On November 22, 2018, at the Digital 9 Summit in IsraelCanada and the other D9 member nations agreed on a shared approach to the responsible implementation and use of AI by governments.

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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

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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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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