BEIJING, May 6, 2023 /PRNewswire/ -- Weeks ago on April 11, the Cyberspace Administration of China unveiled draft regulations for products and services that use generative artificial intelligence. This software structure, like the one behind ChatGPT, is upgrading the content creation of AI, making it analogous to a human being even more than in any other historical time. Despite the early endeavor to regulate AI, there are debates on the level of capabilities it has reached. ChatGPT — can it be counted as a technological revolution? ChatGPT — can it be counted as a technological revolution? In the second episode of Youth on Tech, a digital program produced by Science and Technology Daily, we discuss what ChatGPT-like AI can and cannot do. We start with the fundamental principles current hyped-up AI chatbots stick to, pointing out their edges and also existing problems. Muhammad Arif Mughal, an AI specialist from the University of Science and Technology Beijing, suggests that ChatGPT is revolutionary only in the way that it learns from a large amount of text. Echoing this idea is Li Zhinan, doctoral student in computer-aided design and computer graphics at Zhejiang University, who indicates that ChatGPT's advantage lies in only its unparalleled large scale and effectiveness compared to before, with its fundamental techniques and algorithms created a long time ago. Liu Xiuyun, professor of biomedical engineering from Tianjin University, discusses the current usage and potential of AI in the field of medicine. She also cites a survey conducted by the University of Oxford, which suggests that approximately half of all traditional, repetitive jobs may be replaced by AI in the next 20 years. Social impacts and ethical concerns Despite positive effects, current AI still has limitations. Concerning trustworthiness, we examine the concept of AI hallucination. According to AI associate professor Cam Tu Nguyen, Vietnamese at Nanjing University, the content generated by a ChatGPT-like chatbot may be readily conceived as correct because of its fluency. Over time, this accumulated subtle misinformation could lead to negative social impacts on a large scale. When Open AI released ChatGPT last November, its website acknowledged that ChatGPT sometimes generates plausible-sounding but incorrect or nonsensical responses. Fixing this issue is challenging due to the nature of training data and training methods. Students who are banned from using ChatGPT will find ways to access it, Cam Tu suggests, adding that it is therefore plausible to design a different testing system by contrasting answers provided respectively by students and AI in order to realize educational goals.
- Funds will be utilised to acquire long-term licenses of international fashion and lifestyle brands and expand company's proprietary technology stack BENGALURU, India, May 5, 2023 /PRNewswire/ -- ace turtle, new India's leading technology-native retail company spearheading the retail industry's next phase of transformation, today announced that it has raised USD 34 million as part of its Series B funding. The fundraise demonstrated significant interest from existing and new investors. The Series B round was led by new investors Vertex Growth, SBI Investment Co. Ltd., Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital. The existing investors Vertex Southeast Asia & India and InnoVen Capital also participated in this round. Nitin Chhabra – CEO Ace Turtle Commenting on the funding, Nitin Chhabra, CEO, ace turtle said, "Our aim is to lead the next phase of retail in India and scale it to new heights through vertical commerce. The funds will be utilised to develop cutting-edge technological tools that ensure seamless omnichannel operations, acquire licenses for new fashion and lifestyle brands, and recruit skilled talent across all levels to support the aggressive growth plans. This will help us to expand our brand portfolio and solidify our competitive edge in the market." ace turtle grew significantly in the financial year 2022-23 by doubling its revenue and becoming EBITDA-positive. ace turtle aims to sustain this impressive growth trajectory in the coming years. Its portfolio of licensed brands currently comprises Lee®, Wrangler®, Toys"R"Us® and Babies"R"Us®. James Lee, General Partner of Vertex Growth said, "We are delighted to be a part of India's massive consumer upgrade story. We are fully committed to partnering with exceptional and promising organisations that are on the brink of growth. The asset-light approach of ace turtle, their deep domain expertise in product supply chain and utilisation of data-driven insights in understanding consumer behaviour and demand, present significant opportunities for the integration of cutting-edge omnichannel tech solutions into brand operations, thereby facilitating substantial growth in the foreseeable future." Yoshitaka Kitao, Chairman and President of SBI Investment said, "One of the key investment themes for us has been Asia's domestic consumption. We believe India will be a leading source of global growth in the decades ahead, supported by positive demographics, a growing middle class and deepening internet penetration. This investment in ace turtle builds on our program to provide long-term capital to innovative companies transforming industries at scale. We look forward to supporting ace turtle's efforts in enabling the growth of India's retail market through technology." Bengaluru and Singapore-based ace turtle is vertically integrated from design, local manufacturing and marketing to reach consumers directly. ace turtle is powered by its proprietary technology which uses data science from design to fulfilment to meet ever-evolving consumer expectations. About Vertex Growth: Vertex Growth is dedicated to partnering with exceptional entrepreneurs and promising companies on the cusp of growth. The firm provides the expansion capital to realise the companies' vision of creating a category champion that is enduring and transformational. Vertex Growth is part of Vertex's global network of venture capital funds comprised of affiliates in China, Israel, Southeast Asia and India, and the US. Through the Vertex network, Vertex Growth accesses opportunities emerging from the leading innovation hubs across the world and drive significant value by working closely with the Vertex ecosystem of portfolio companies and partners. About SBI Investment Co., Ltd. SBI Investment Co., Ltd. is the major VC arm of SBI Holdings. Over the last 20 years, it has invested in over 1000 companies and has 190+ exits. SBI Investment invests from USD1-20m in various sectors including Fintech, AI, Consumer tech, SaaS, B2B commerce and supply chain, deep tech, etc. SBI Holdings is a financial services company group based in Tokyo, Japan. The group's businesses and companies are held primarily at SBI Holdings. The company provides financial services in various categories, including securities, asset management, banking and insurance and has formed an Internet-based financial conglomerate. The group also has a biotechnology-related business line which develops cosmetics, health foods and drug discovery. Furthermore, the group operates the business school SBI Graduate School. SBI is listed on the first section of the Tokyo Stock Exchange and Osaka Securities Exchange. About Farglory: Founded in 1969 by Chairman Teng-Hsiung Chao, Farglory has earned a reputation of excellence for its dedication to ambitious international projects distinguished by quality craftsmanship and modern, sustainability-minded design. The Taiwan-based company operates across diversified industries that spread to construction, insurance, finance, hospitality, entertainment and medical care. A trusted developer with over 600 completed projects comprising over 200 million square feet, Farglory is transforming landscapes and shaping lives, one landmark at a time.
The partnership's new PQ201/201s series tags deliver premium features at a competitive price point PLEASANTON, Calif., May 5, 2023 /PRNewswire/ -- ProQure, a technology provider of IoT cloud management for physical objects, and Identiv, a global leader in physical security and secure identification in the IoT, have joined forces to release two proprietary type 2 NFC tags, PQ201 and PQ201s. The PQ201/201s series is accessible via standard NDEF Readers without the need for dedicated apps, and is well-suited for applications in the specialty retail and consumer packaged goods industries, offering robust, cloud-centric, cost-effective and easy-to-deploy solutions for brand protection and consumer engagement. The PQ201 NFC tag has been designed to tackle cost-related challenges that have previously made it difficult for businesses to deploy large-scale NFC projects. Thanks to its unique design, PQ201 offers a cost-effective solution without compromising on performance. Furthermore, the tag is tamper-proof, ensuring businesses can protect their assets and safeguard against fraud. The PQ201s tag takes things one step further, featuring a unique tag-to-cloud security protocol that provides unrivaled levels of product authentication. This innovative approach to NFC security ensures that businesses can protect their brand identity and reputation, offering a groundbreaking level of security that is typically only found in premium and expensive NFC products. The PQ201 and PQ201s tags are supported by the ProQure Cloud platform InSight, regarded as one of the most advanced consumer engagement platforms for physical objects. "We are excited to partner with Identiv to bring these innovative NFC tags to market," said Ami Barda, CEO of ProQure. "Our team has worked tirelessly to create an extendable design backed by Identiv's versatile assembly, converting and encoding processes that meet the needs of modern businesses. We are confident that PQ201 and PQ201s will become essential tools for companies looking to digitize their products using world-class solutions and access key features at a cost they can afford." "This collaboration represents a major milestone for Identiv," said Amir Khoshniyati, Vice President and General Manager IoT Business, Identiv. "We are thrilled to work with ProQure and bring our expertise in IoT Solutions into the development of these Type 2 NFC tags. Our partnership has produced a product that provides businesses with the highest levels of security, convenience, and cost-effectiveness." Following strong pre-order interest from leading industry players, the PQ201 and PQ201s NFC tags will be unveiled at RFID Journal LIVE!, the world's largest conference and exhibition focused on radio frequency identification and related technologies, which will take place at the Orange County Convention Center in Orlando from May 9-11. For more information, please contact contact@identiv.com or info@proqure.io. About ProQure: ProQure is a leading technology company at the forefront of powering the Phygital world with advanced hardware and software products. Leveraging proprietary NFC technology, IoT Cloud solutions, and a robust customer experience management operating system, ProQure enables the seamless connection of physical objects to digital experiences, delivering unparalleled user engagement. With a global presence and offices in the United States and Australia, ProQure serves customers worldwide. About Identiv: Identiv, Inc. is a global leader in digitally securing the physical world. Identiv's platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video, and audio security. Identiv is a publicly traded company, and its common stock is listed on the NASDAQ Stock Market LLC in the U.S. under the symbol "INVE." For more information, visit identiv.com.
BAODING, China, May 5, 2023 /PRNewswire/ -- GWM unveiled multiple highly-anticipated new energy vehicles at the Auto Shanghai 2023. What are the highlights of these models in terms of design? After the press conference, Andrew Dyson, GWM's VP of Design, talked about the design philosophy and future development of GWM's next-generation models, taking GWM ORA as an example. GWM is speeding up the process of its intelligent and new energy transformation, during which it is important to find a way to reflect the brand value of "Go With More" with its design. Andrew Dyson introduced that "Life • Energy", the design philosophy of present generation of GWM products, injecting the philosophy of "eternal" and strong emotions of life into the automobile industry. It is committed to the pursuit of perfection and natural beauty in design to lift the brand perception. Based on this, GWM ORA design team has extracted the eternal beauty of structure, the gentle beauty of tranquility, and the glorious beauty of life by using the unique metaphor of the "egg", leading to the creation of the ORA EGG aesthetic of life. The design is the first thing consumers notice and connect with. Therefore, finding a way to meet their demands for the design of new energy vehicles should be a top priority. Andrew Dyson revealed that GWM's secret lies in translating the consumer's demand for personalization into an innovative design language while remaining consumer experience-focused. "Egg has a perfect and exquisite structure, along with an immaculate curve in nature. Its convex surface is capable of withstanding a force 120 times its weight. Taking inspiration from the unique egg-shaped curve and the principle of dispersed force on the eggshell, our design team embodies an all-round solid body structure for safety combined with an elegant look. The ORA design team integrates these concepts into the unique design language of models, conveying creativity through the expression of personality," explained Dyson. Silhouettes of ORA models are inspired by egg shapes. ORA EGG aesthetic of life makes the pronounced front fenders and round-shaped headlamps work in harmony. The rear of the model drops down in graceful curves. The round shape is also applied to instrument panel, integrated door panels and the comfortable seats. There are many eco-friendly materials. The internal design serves the consumers with a sense of freedom and tranquility. Dyson said that ORA is committed to creating a calm and relaxing experience and a comfortable space for car owners to relax and unwind. GWM is a brand with a rich history in car manufacturing and vigorous moves towards new energy transformation. Besides inheriting the essence of previous designs, it continuously innovates the design philosophy with consumer experience as the core. The brand will introduce more diverse design languages in other mass-produced models in the future.
BEIJING, May 5, 2023 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), a leading Chinese online media, video and game business group, will report its first quarter 2023 unaudited financial results on Monday, May 15, 2023, before U.S. market hours. Sohu's management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, May 15, 2023 (7:30 p.m. Beijing/Hong Kong time, May 15, 2023) following the quarterly results announcement. Conference Call Preregistration Participants can register for the conference call by click here, you will be led to the conference registration website. Upon registration, each participant will receive details for the conference call, including dial-in numbers and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin. The live webcast and archive of the conference call will be available on the Investor Relations section of Sohu's website at https://investors.sohu.com/. About Sohu Sohu.com Limited (NASDAQ: SOHU) was established by Dr. Charles Zhang, one of China's internet pioneers, in the 1990s. As a mainstream media platform, Sohu is indispensable to the daily life of millions of Chinese, providing a network of web properties and community based products which continually offer a broad array of choices regarding information, entertainment and communication to the vast number of Sohu users. Sohu has built one of the most comprehensive matrices of Chinese language web properties, consisting of the leading online media destinations Sohu News App, mobile news portal m.sohu.com, PC portal www.sohu.com; online video website tv.sohu.com; and the online games platform www.changyou.com/en/. Sohu provides online brand advertising services as well as multiple news, information and content services on its matrix of websites and also on its mobile platforms. Sohu's online game business, conducted by its subsidiary Changyou, develops and operates a diverse portfolio of PC and mobile games, such as well-known Tian Long Ba Bu ("TLBB") PC and Legacy TLBB Mobile. For investor and media inquiries, please contact: In China: Ms. Pu HuangSohu.com LimitedTel: +86 (10) 6272-6645E-mail: ir@contact.sohu.com In the United States: Ms. Linda BergkampChristensenTel: +1 (480) 614-3004E-mail: linda.bergkamp@christensencomms.com
Experience high-quality entertainment with the compact and lightweight Dangbei Neo LED projector, featuring full HD resolution and Dolby-certified stereo speakers TUMWATER, Wash., May 5, 2023 /PRNewswire/ -- Dangbei, a leader in innovative home entertainment solutions, is today proud to announce the launch of its latest creation, the Dangbei Neo, an all-in-one mini projector with native Netflix. Officially licensed by Netflix, the DLP projector delivers 1080p FHD visuals on a screen up to 120" and immersive surround sound powered by Dolby Audio™. The Neo also packs advanced features in a sleek, compact design that is sure to impress. Dangbei Neo, All-in-One Mini Projector with Native Netflix for the Best Compact Cinema Experience One of the outstanding features of the Dangbei Neo is its native and officially licensed Netflix. This means that users can enjoy the same streaming experience for their favorite Netflix shows and movies without the need for any additional devices or software, and all on the big screen. With hotkeys for three popular streaming apps - Netflix, Prime Video and YouTube - navigating through their favorites has never been easier. The Neo's compact size makes it highly versatile as it can be used either at home or when traveling, and it can even fit in a backpack. Whether it's set up at home, in the backyard or on a camping trip, the lightweight design (3.13lbs/1.42kg) makes it easy to carry around. It can literally be used anywhere, providing there is a power outlet. If there is no internet connection nearby, the Neo can still be used due to a host of other connectivity options such as Mirrorcast. Small, yet stunning. The Dangbei Neo, powered by DLP technology, delivers high performance with FHD 1080p image, 540 ISO lumens, HDR10 & HLG support, and about 90% coverage of the DCI-P3 color space. Movies, TV shows and more come to life with an impressive projection size of up to 120-inches. The Dangbei Neo is also a treat for the ears as well as the eyes, with its built-in Stereo 2×6W speakers and Dolby Audio™ certified sound, providing a truly cinematic audio-visual experience. Also included are intelligent imaging functions enhanced by the ToF camera system, such as auto focus, auto keystone correction, intelligent screen fit, and intelligent obstacle avoidance, providing more precise adjustments and ensuring clear and sharp images regardless of the Neo's placement. The Dangbei Neo also features screen mirroring and content casting, Bluetooth 5.0 and 5G Wi-Fi, allowing it to connect to various devices. It's even eco-friendly with a lifespan of up to 30,000 hours, and in fact uses less power than most TVs, providing years of entertainment giving the user peace of mind. The Dangbei Neo is now available on Amazon US for $699.99. To celebrate the launch, Dangbei is offering a $100 discount coupon. About Dangbei As a premium provider of smart large-screen services, Dangbei specializes in designing and developing software matrix, operating systems, smart projectors and more. Dangbei's mission is to bring an extraordinary audio-visual experience on large screens to its customers - through diverse, versatile and innovative products. The trust of over 200 million users drives Dangbei to provide constant inspiration and guidance to the global entertainment landscape. Dangbei's large-screen software has achieved the top position in China. Its applications and contents cover a wide range of fields such as music, film and television, health, education and tools. Dangbei also ranks Top 2 in terms of shipments in China and occupies the top position in the laser projector category.
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