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Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 3rd April 2023

This is our AI Daily Roundup . We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial…

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This article was originally published by AITHORITY
Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 3rd April 2023

This is our AI Daily Roundup . We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.

iFLYTEK Addresses Chronic Water Shortages in Historic City of Yulin

In an effort to alleviate chronic water shortages, iFLYTEK has partnered with the city of Yulin to form the Longyun Irrigation District. The company has led the development of AI-enabled digital infrastructure to support the Longyun Irrigation District development to ensure effective water resource management.

Canadian Pet Insurance Company, PHI Direct, Launches CatGPT – A Major Breakthrough in Feline Artificial Intelligence

In a world-first, Canadian pet insurance company, PHI Direct, has harnessed feline cognitive power as artificial intelligence (AI). PHI Direct has launched CatGPT in time for April Fools’ Day. CatGPT is a feline language processing tool that taps deep into the minds of our pets and reveals an amazing mental world of love, mischief, adventure and kindness.

VERSES Closes Final Tranche of Convertible Debenture Financing for Aggregate Proceeds of C$7.5 Million

VERSES AI, a cognitive computing company specializing in the next generation of Artificial Intelligence (AI) solutions, is pleased to announce that further to its news release dated February 27, 2023, March 1, 2023 and March 22, 2023, it has raised additional gross proceeds of C$600,000 under the third and final tranche of its non-brokered private placement (the “Private Placement”) of unsecured convertible debentures units of the Company (“Units”) comprised of Convertible Debentures (as defined herein) and Warrants (as defined herein) through the sale of unsecured convertible debentures of the Company (“Convertible Debentures”) in the principal amount of C$600,000 and 210,000 detachable warrants (“Warrants”) to purchase Class A Subordinate Voting shares of the Company (“Shares”). Please see the Company’s news release dated February 27, 2023 for additional details regarding the terms of the Private Placement.

Boxed, to Execute Sale of Spresso Software Business Through Voluntary Chapter 11 Process

Boxed, (“Boxed” or the “Company”), an e-commerce technology company that provides bulk pantry consumables to business and household customers, announced today that it, and all of its subsidiaries, initiated voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code to execute a sale of its Spresso software business to its first lien secured lenders while continuing to streamline operations, including an efficient and orderly wind-down of its remaining retail business.

Fitness Club Management and Fitness Industry Veteran Al Noshirvani Launch Method Gym

Fitness Club Management is pleased to announce the launch of its new fitness brand, Method Gym, in Dale City, Virginia and Leonardtown and California, Maryland.

“After listening to feedback from our community, we felt the timing was right to bring our members a modern, elevated, full-service experience with a boutique fitness touch and thoughtful wellness experiences,” said Al Noshirvani, CEO, Fitness Club Management.

 [To share your insights with us, please write to sghosh@martechseries.com] 

The post Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 3rd April 2023 appeared first on AiThority.




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