The Wire (Page 235)

Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it has entered into a share purchase agreement dated June 13, 2023 (the "Share Purchase Agreement") with Minework Technologies Pte Ltd. ("Minework"), pursuant to which, subject to the satisfaction of certain conditions to closing, GenAI's wholly-owned subsidiary, MAI Cloud Solutions Inc. ("MAI Cloud") has agreed to purchase all of the issued and outstanding shares (the "Purchased Shares") in the authorized share structure of Pulse AI Compute Solutions Inc. ("Pulse AI"), which are held by Minework (the "Proposed Transaction"). Pursuant to the Share Purchase Agreement, MAI Cloud will acquire the Purchased Shares from Minework for an aggregate purchase price of $1,500,000 (the "Purchase Price").

Consumers have confidence in artificial intelligence (AI) as a tool for transforming their customer experiences but have growing concerns over AI's increased prevalence in other disciplines, according to new research from Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®. The study, conducted by research firm Savanta and unveiled at PegaWorld® iNspire, the company's annual conference in Las Vegas, surveyed 5,000 consumers worldwide on their views around AI, its continued evolution, and the ways in which they interact with the technology.

The AR and VR Market Size was valued at $27.6 billion in 2021, is anticipated to increase to $856.2 billion by 2031, with a compound annual growth rate (CAGR) of 41.1% between 2022 and 2031. A key driver of market growth is the unheard-of desire for better hardware and software technologies.

The "Artificial Intelligence (AI) in Media and Entertainment Market - Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering. AI in media and entertainment market is expected to grow at a CAGR of 31.89% from a market valuation of US$17.927 billion in 2021 to reach US$124.483 billion by 2028.

OCL, a community learning trust, has announced a partnership with Dynamics Square to implement Dynamics 365 Finance, HR and Payroll replacing their existing multiple systems. Dynamics Square is excited to work with them on this project.

AYR and CiGen Announce Strategic Partnership to Bring Advanced IDP to Australia, New Zealand and Southeast Asia AYR, a leading provider of advanced Intelligent Document Processing (IDP) solutions, is pleased to announce a strategic partnership with CiGen, a prominent Australian AI Automation consulting firm. The collaboration aims to leverage CiGen's extensive network and expertise to expand the reach of AYR’s flagship IDP platform, SingularityAI, across Australia, New Zealand (ANZ) and Southeast Asia.

Hexagon AB, the global leader in digital reality solutions combining sensor, software and autonomous solutions technologies, announced a collaboration with NVIDIA to enable industrial digital twin solutions that unite reality capture, manufacturing twins, AI, simulation and visualisation to deliver real-time comparison to real-world models. The collaboration will connect industry-leading technologies from Hexagon and NVIDIA to enable seamless, multi-user workflows through a unified view for factory planning and design, as well as process quality optimization and operations.

The "Composite AI Market by Offering (Software, Hardware, Services), Technique (Data Processing, Pattern Recognition), Application (Product Design & Development, Customer Service), Vertical and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The composite AI market is estimated to grow from USD 0.9 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 36.5% during the forecast period.

Momentive, the maker of SurveyMonkey, today announced that it will return to its iconic SurveyMonkey brand name under the direction of new CEO Eric Johnson. Departing CEO Zander Lurie recently stepped down after seven years leading the company.

Verint ® (NASDAQ: VRNT), The Customer Engagement Company ®, today introduced more Verint Da Vinci ™ AI capabilities to enable faster time-to-value, enrich business processes, and augment the human workforce. Architected at the core of the Verint Open CCaaS Platform ™, Verint Da Vinci AI enables brands to maximize the value of AI and deliver tangible business outcomes.