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The Linux Foundation’s Artificial Intelligence Community Announces New Acumos Release Focused on Creation of AI/ML Models

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The LF AI Foundation, the organization building an open AI community to drive open source innovation in artificial intelligence (AI), machine learning (ML) and deep learning (DL), today announced the new release of Acumos code named Boreas. This latest release of the open source framework and marketplace will enable the creation, training and license verification of AI, ML and DL models and apps, among other benefits to the community of developers and data scientists.

“The technology industry is on the precipice of a major technological shift with AI, which is exactly the point in any technology evolution where open source software and community can accelerate development,” said Ibrahim Haddad, executive director of LF AI Foundation. “An open source framework that is iterated upon early and often is key in transforming the development work for data scientists and developers, and Acumos is that foundation for innovation.”

Acumos AI is a platform and open source framework that makes it easy to build, share, and deploy AI apps. Acumos standardizes the infrastructure stack and components required to run an out-of-the-box general AI environment. This frees data scientists and model trainers to focus on their core competencies and accelerates innovation.

Acumos is part of the LF AI Foundation, an umbrella organization within The Linux Foundation that supports and sustains open source innovation in AI, ML, and DL while striving to make these critical new technologies available to developers and data scientists everywhere.

The latest Acumos AI release includes:

  • Support for onboarding of ONNX, PFA and Dockerized models.
  • Enhanced Acumos platform peering through a controlled process of partner catalog publication and subscription.
    • Global catalog search capability
    • Federation of Catalogs
  • Support for AI/ML model suppliers to provide a commercial software license with their models in the Acumos marketplace.
    • Security scans of license metadata for models (Disabled with Security Verification turned off)
    • Support verification of licenses and Right-To-Use for commercial models**
    • Logging to enable model activity tracking and reporting
  • Support for ML Workbench to allow the creation and training of AI/ML models in Acumos platform.
    • Support for Notebooks development environment (Jupyter)
    • Support for Pipeline (NiFi) tools are integrated with Acumos (NiFi Pipeline tools are available as a Beta Feature only under Kubernetes)
  • Enhanced user experience in portal.
    • Publishing, unpublishing, deploying , onboarding, model building, and chaining, etc.
  • Enhanced logging standards.
    • Log formats aligned with ONAP
    • Support for Log management tools
  • Enhanced support for deploying Acumos platform under Kubernetes.

Global Adoption of Acumos
Integration, adoption and deployment of Acumos around the world is well underway and demonstrates momentum for a common, open framework to accelerate innovation in the AI, ML and DL app space. Two key examples are Orange and Tech Mahindra. Orange is using Acumos for an AI Marketplace and is integrating the upcoming Acumos Clio release with ONAP in order to test it on ONAP OpenLab and the 5G research platform Plug’in. Orange’s contribution to the Acumos includes the Onboarding enhancements seen in Acumos Boreas. Tech Mahindra is integrating Acumos into a number of its initiatives. TechMahindra GAiA is the first enterprise-grade open source AI platform, hosting a marketplace of AI models for a wide group of industry verticals. These are used as the basis for building, sharing and rapidly deploying AI-driven services and applications to solve business critical problems.

Supporting Quotes

Amdocs
“Acumos Boreas represents a significant next step in open source AI and machine learning,” said Dr. Ofer Hermoni, Director of Product Strategy at Amdocs and Chair of the LF AI Technical Advisory Counsel. “With the ability to create and train models, we’re well on our way to providing all the essential tools for rapid innovation for data scientists and developers building AI and machine learning apps.”

AT&T
“The second release of Acumos exemplifies the progress we’ve made as a community, and AT&T is proud to be a founding member of the project,” said Mazin Gilbert, vice president of Advanced Technology & Systems, AT&T Labs. Together, we’re lowering the barrier to entry for artificial intelligence by driving a collaborative open source community for developers, students and scientists. We’re honored to be a part of this community and committed to continued use of Acumos inside AT&T.”

Ericsson
“Open Source based AI platform capabilities and ecosystem are an important part of Ericsson’s 5G platform strategy to address the needs of our customers globally.” said Anita Frisell, VP Head of Technology Development and Execution and LF AI Board Member. “Key part of these capabilities is to enable creation and commercialization of AI based solutions. Boreas release of Acumos takes a big step towards achieving this objective. Ericsson is pleased to be a key contributor of the licensing and security features of the Boreas release in collaboration with AT&T and the community.”

Nokia
“Acumos with the Boreas Release offers a complete experience for ML modelers and model consumers beyond the marketplace. As a founding member of the LF AI, Nokia is excited about the possibilities of Acumos in powering ML model marketplaces around network automation and  evolved 5G RAN architecture’s near real-time RAN Intelligent Controller. We are working on several use cases together with our customers to help accelerate the adoption of AI based applications,” said Jonne Soininen, Head of Open Source Initiatives at Nokia.

Orange
“A unified development platform for AI was really needed. The Boreas release of Acumos AI is a major step forward. Orange has increased its involvement in Acumos in both execution and on-boarding. We have tested extensively the publication and exporting of AI models for operations use cases like incident detection and tickets classification and see Acumos as an excellent solution for the Orange AI Marketplace,” said Nicolas Demassieux, Senior Vice President, Orange Labs Research.

TechMahindra
“We are proud to be a key contributor to the Acumos Boreas release, another milestone towards creating a collaborative ecosystem for AI along with AT&T and LF. At Tech Mahindra we are committed to leveraging technologies like AI, both on IT and networks side to help our customers RUN better, CHANGE faster and GROW greater. TechMahindra’s GAiA, powered by Acumos is another testimony of how we are accelerating innovation in the AI space,” said Dr. Satish Pai, senior VP and SBU head, Americas Communications, Media and Entertainment, Tech Mahindra.

ZTE
“ZTE is excited to have witnessed the growth of Acumos in the past year. The Boreas release marks a significant step forward to break the barrier between model developers and model users with its flexible platform for model onboarding, designing, sharing and deploying, which will help create an ecosystem of AI in various vertical industries, especially in 5G. ZTE will continue to support the project and integrate it with our own AI solutions to accelerate 5G innovation with AI,” said Bingtao Han, Chief System Architecture Expert, ZTE.

 

SOURCE LF AI Foundation

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Sleep interiors brand gets job offer from Peter Jones despite not securing investment in Dragons Den

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LONDON, March 29, 2024 /PRNewswire/ — Tonight on BBC1, REMY founder Abeer Iqbal, entered the Den, and despite intense grilling and no investment, left with a six-figure job offer from Peter Jones

Abeer’s pitch began with the Dragon’s keen to experience his sleep-enhancing furniture. When Steven and Peter laid on his hero  ‘The Pod’, a reinvention of the beanbag, and under REMY’s best-selling ‘The Lounger’ weighted blankets, the dragons closed their eyes and pretended to snore. Which was ironic, as despite being told he’d enter the Den around 5pm, Abeer actually went in at 9.30pm, after the dragons had been receiving pitches since early that day, which to Abeer’s own admission “wasn’t easy”. Deborah Meaden said, “This might have been a fatal mistake to put your dragons to sleep before we start the pitch” – recognising that it had been a long day.

After 10+ years working in tech, helping multi-million pound businesses grow their empire at software giants like Shopify, Abeer experienced burn-out, which led him to develop REMY. Despite Abeer telling the dragons that he left the high-pressure industry due to stress and anxiety Peter Jones still offered him a job back in the rat race with a six-figure sum (which he still hasn’t taken). 

After leaving the Den, Abeer admitted feeling the “most anxious ever” and that he “just wanted to get back to his wife for a hug”.  Abeer shared, “I didn’t sleep for days, replaying every moment in my mind. I wanted to forget it.” But it’s not all bad, as Abeer explains, “the anxiety I experienced from the Den gave me a lightbulb moment and led me to create our most popular product yet – The Hugger Pillow. I needed a hug, so I created one”. 

Abeer continues, “I returned the next day to collect my items from the studio. I bumped into a fresh-faced Peter and Toukar in the carpark, they both praised my experience, Peter once again offered me a job and Toukar asked me to call him when I start the next business.”

The global ‘sleep economy’ is booming, projected to reach a record high of $585 billion this year. But Abeer felt he was unable to communicate this, “If I could have my time again, I would focus on the industry of Rest and Sleep rather than the specific products we were trying to innovate. I don’t think I articulated to the Dragon’s the size of the business opportunity that there is with REMY. In terms of what’s next, we are moving towards becoming a household name in rest and sleep but offering products in multiple categories.”

The Dragon that seemed to understand Abeer’s passion for this industry was Sara Davies, saying “I actually fundamentally don’t agree with what I’ve heard here. What I see in front of me, yes he is great at the e-commerce side of things but he gave up a career in corporate because he was passionate about this area. And if there’s one thing I know about business it’s that you will succeed when you pursue the thing you are passionate about. I wouldn’t discourage you to give up. Keep doing it and good luck. I think you could sell anything”.

You can watch Abeer Iqbal on Dragons’ Den on BBC iPlayer.

remysleep.com / @WEAREREMY

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Bitrue Coin (BTR) Analyzes User Behavior and Announces Upcoming Developments to Enhance Utility

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SINGAPORE, March 29, 2024 /PRNewswire/ — Bitrue, a leading cryptocurrency exchange serving over 10 million users globally, announces a focus on user behavior analysis to further develop the utility of its native token, Bitrue Coin (BTR).

“Understanding how our users interact with BTR is crucial for its continued growth,” states Robert Quartly-Janeiro, Chief Strategy Officer of Bitrue. “This analysis will guide upcoming developments that enhance the value proposition of BTR within the Bitrue ecosystem.”

The announcement follows a recent surge in interest surrounding exchange tokens, and digital assets used to pay for services to unlock benefits within specific cryptocurrency exchanges. Currently, BTR offers a compelling range of benefits to Bitrue users, including:

  • Reduced Trading Fees: BTR holders enjoy lower trading fees on the Bitrue exchange, incentivizing active participation in the platform’s marketplace.
  • Governance Voting Rights: BTR grants voting rights on select new listings, allowing users to influence the direction of the Bitrue platform.
  • Staking Opportunities: BTR holders can stake their tokens to earn passive rewards, providing an additional avenue for generating income within the Bitrue ecosystem.
  • Exclusive Airdrop Potential: BTR holders may be eligible for airdrops of new tokens listed on the Bitrue exchange, offering the chance to discover promising crypto projects early.
  • VIP Investment Caps: BTR unlocks higher investment caps for certain cryptocurrencies on the Bitrue platform, catering to high-volume investors.

“BTR already plays a multifaceted role in the Bitrue experience,” Quarterly-Janeiro continues. “By strategically expanding its utility based on user behavior analysis, we aim to solidify BTR’s position within the exchange token market and elevate its value proposition for our user base.”

The specific developments based on user behavior analysis are not disclosed at this time. However, Bitrue assures its users of continued transparency and will share details in due course.

Media Contact: Lily Ho, [email protected]

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Affordability, customisation and convenience: Term plans from India become more attractive and accessible for NRIs

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Term insurance from India emerges as preferred choice for NRIs seeking affordability and convenience

DUBAI, UAE, March 29, 2024 /PRNewswire/ — Policybazaar, India’s leading online insurance marketplace, is witnessing a significant increase in non-resident Indians (NRIs) choosing term insurance from India via its platform. This surge is driven by the unparalleled ease, affordability and accessibility offered by the Indian insurance market. While several factors contribute to the growing interest in term insurance in India, affordability and convenience stand out as primary reasons. The demand among the 18-60 age group has seen an impressive 130% year-on-year growth, with India emerging as the preferred choice for NRIs.

The surge in demand from NRIs can be credited to several standout features and benefits. Term policies from India cost up to 30-50% less for NRIs residing in the UAE and Singapore. Additionally, policies with coverage of up to INR 5 crores can be easily obtained with tele-medical check-ups from India, eliminating the need for physical visits. Unlike some countries with restricted policy terms and coverage, Indian term plans offer coverage for longer duration, extending up to 99 years.

Sarbvir Singh, Joint Group CEO, Policybazaar, states, “We are witnessing exponential growth in term insurance purchases from NRIs, particularly from the Gulf nations and Singapore. Policybazaar has focused its efforts on expanding term insurance protection in both Indian and overseas markets. The unmatched benefits offered by India, including competitive pricing, larger covers, and streamlined processing through video/tele medicals, are significant contributors to this demand. It is heartening to see NRIs realizing the importance of securing their dependents’ future and choosing Indian term insurance policies.”

Term Insurance for a 35 year old male, non-smoker
Policy term – 30 years

Country

India

UAE

Cover Amount

INR 2 Cr / AED 881 K

AED 900 K

Max Cover Upto

99 years

80 years

Premium in AED

AED 977.8

AED 1,539

Premium in INR

INR 22,193.00

INR 34,892.00

Free Add-ons

Early Payout on Terminal Illness + Waiver of Premium

Price Benefit

36% cheaper in India

Source: Policybazaar.com

NRIs are also eligible for 18% GST exemption* upon purchasing term insurance plans from India, when paying via their NRE accounts. This attractive pricing, along with the availability of longer-term plans, has led to a rise in demand among NRIs, especially from Gulf nations, where 65% of term insurance buyers hail from, with the UAE alone contributing 35%.

Rhishabh Garg, Head of Term Insurance at Policybazaar, adds, “The evolution in the Indian term insurance industry is marked by innovative offerings designed to meet the distinct needs of consumers overseas. The consumer-centric features in term plans from India are increasingly appealing to NRIs, which include return of premium at no extra cost, early pay-outs for terminal illness, premium waivers for permanent disability, and immediate pay-out of up to INR 2 lakhs on claim intimation for immediate obituary expenses.”

The accessibility of these plans is further enhanced through seamless processing for NRIs, whose average annual income exceeds INR 35 lakhs. Insurers now also offer a sum assured of up to 5 crores, ensuring adequate coverage based on Human Life Value (HLV) calculations. NRIs can also leverage Policybazaar’s search and comparison engine to browse the best suitable plans as per their needs and preferences.

With a commitment to providing comprehensive coverage and protection, Policybazaar continues to redefine the landscape of term insurance for NRIs, empowering them to secure their loved one’s future with peace of mind. As NRIs continue to seek comprehensive coverage and value-driven solutions, Policybazaar remains dedicated to delivering innovative term insurance products and services tailored to their evolving needs.

*Tax benefits are subject to change in tax laws

About Policybazaar.com

Policybazaar.com is one of India’s largest insurance marketplace. It is the flagship platform of PB Fintech, which owns the fintech brand, Paisabazaar.com, and lending & insurance marketplace in the UAE region, Policybazaar.ae. Policybazaar.com started with the purpose to educate people on insurance products and with its offerings has addressed the large and highly underpenetrated online insurance markets.

Logo: https://mma.prnewswire.com/media/2375092/Policybazaar_Logo.jpg

 

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