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WELL Ventures Launches The WELL AI Investment Program

April 26, 2023 Published by Roboticulized.com

WELL Ventures a subsidiary of WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the “Company” or “WELL“), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce the launch of a new investment program, The WELL AI Investment Program, focused on artificial intelligence (“AI”) and its applications in helping support healthcare providers with next generation tools .

The WELL AI Investment Program will focus on early-stage AI companies who demonstrate promising innovation, and a clear focus on using AI technologies that can help healthcare providers with innovative tools or applications designed to improve their efficiency, accuracy and ultimately help them deliver better patient outcomes. Data protection and cybersecurity applications will also be considered as this is a key part of WELL’s practitioner enablement platform.

“The prevalence of AI technology in healthcare will usher in perhaps the most transformational technologies we’ve ever seen in terms of supplying and supporting healthcare providers with tools that help improve the accuracy, efficiency and proactivity of care while also delivering significantly better patient outcomes,” said Hamed Shahbazi, Founder and CEO of WELL Health Technologies. “WELL wants to ensure that it is at the forefront of this movement, not just as a developer and user of AI, but also as a partner to other innovative companies seeking to advance the health technology industry. What makes The WELL AI Investment Program unique, besides being the first healthcare centric AI investment program in Canada, is that WELL is not just looking to provide capital but also leverage its own products, distribution and significant size and scale to help advance the proliferation of the best AI inspired health focussed technologies. ”

The WELL AI Investment Program will provide investees with capital as well as extensive support from WELL’s ecosystem to help develop, test, refine, secure, de-risk and integrate the most promising such technologies into the Canadian healthcare ecosystem at scale. Additionally, WELL will provide investees access to the 23,000+ care providers who make use of its apps.health ecosystem, operated by its Provider Solutions Business Unit.

In recognition of WELL’s longstanding work with Canada Health Infoway (Infoway), an independent, not-for-profit organization funded by the federal government, Infoway will collaborate with WELL on advancing interoperability as part of the WELL AI investment Program in Canadian start-ups. Infoway will provide guidance on security, privacy, interoperability, and other data standards. This partnership will ensure that resulting products and services meet pan-Canadian standards and can effectively serve the needs of providers and patients.

WELL’s aims to achieve the following through the investment program:

Make a minimum of 10 AI related investments of at least $250k each in companies that are advancing healthcare applications and/or protecting data.
Ensure that each Investee has a strategic alliance agreement with WELL that allows it to benefit from WELL’s healthcare ecosystem which includes:
- Its apps.health ecosystem, which is Canada’s only app marketplace for integrated EMR apps, and/or
- access to the 23,000+ provider network supported by WELL’s digital and services tools and the 2,800+ providers working internally in WELL’s own patient services businesses.

WELL Ventures is already fully funded for making these investments directly from WELL’s overall treasury position. While there is no defined timeline for these investments, it is WELL’s intention to make a number of these investments in 2023.

WELL is a leader in tech-enabling Canadian healthcare, and through WELL Ventures, WELL has already placed numerous investments in early-stage companies focussed on providing tools and enablement (including AI) for healthcare providers in Canada, the US, and abroad.

Buy-backs and cancellation of shares in CoinShares International Limited

April 4, 2023 Published by TheBlockchainExaminer.com

As announced on 30 December 2022, the Board of Directors of CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe’s largest and leading digital asset investment and trading group, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 3 January 2023, up to and including 3 April 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

BIT Mining Announces Sale of Remaining Shares of Crypto Flow Technology Limited

March 15, 2023 Published by TheBlockchainExaminer.com

BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or the “Company”), a leading technology-driven cryptocurrency mining company, today announced that the Company entered into a share sale and purchase agreement (the “Sale and Purchase Agreement”) with an unaffiliated third party (the “Buyer”), pursuant to which the Company agreed to sell, and the Buyer agreed to purchase, all of the Company’s remaining share ownership in Crypto Flow Technology Limited (“Crypto Flow”), previously known as Loto Interactive Limited, namely, 48,195,605 shares of Crypto Flow, representing approximately 8.79% of the total issued share capital of Crypto Flow, at the price of HK$0.38 per share (the “Sale Price”) for the total consideration of HK$18,314,330 (the “Transaction”).

The Transaction and its terms are subject to satisfaction of the conditions set out in the Sale and Purchase Agreement, including by relevant regulatory authorities. Upon completion of the Transaction, the Company will not own any shares in Crypto Flow.

Pursuant to the transaction previously announced on July 12, 2022, and completed on July 26, 2022, the Company sold approximately 51% of the total issued share capital of Crypto Flow, reducing the Company’s share ownership in Crypto Flow to 8.79%.

“We will remain focused and continue to devote resources to our mining operations in light of better cost control and operational efficiency improvement,” commented Mr. Xianfeng Yang, CEO of the Company.

Spectra7 Targets High Growth 800Gbps AI Server Market

February 10, 2023 Published by Roboticulized.com

(TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. (“Spectra7” or the “Company“), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced that it is targeting the high growth Artificial Intelligence (AI) server connectivity market with its new GC1122 product designed to support 800Gbps throughput.

New technologies like the chatbot ChatGPT and others are fueling the race to build out high-performance AI infrastructure. AI requires massive amounts of computing power from specialized server hardware connected in clusters by a very high bandwidth and low latency interconnect fabric, including Spectra7’s 800Gbps technologies.

As Grand View Research cited in its latest Artificial Intelligence Market report¹: “The global artificial intelligence market size was valued at USD 136.55 billion in 2022 and projected to expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. The continuous research and innovation directed by tech giants are driving the adoption of advanced technologies in high-growth industry verticals, such as automotive, healthcare, retail, finance, and manufacturing”.

Specialized AI servers in particular are expected to see high growth in the next few years, growing from 1.4 million units in 2022 to 4.7 million units in 2026². The chips used in these servers are increasingly relying on 800Gbps ports to directly connect to the fabric.

“Spectra7’s low power, low latency and low-cost approach to active copper interconnects is ideal for AI server connectivity applications,” said Alan Weckel, Founder and Technology Analyst with 650 Group. “We see by 2026 the revenue from active copper cables in the data center market should hit USD 3 billion. The bulk of this will come from connections to these high-performance AI servers.”

“As computing power and speed continue to climb, driven by increasingly data intensive operations such as AI, so does the need for high-speed and low-power interconnects to enable those systems,” said Spectra7’s CMO John Mitchell. “Spectra7’s GaugeChanger^TM chips bring the critical performance necessary to create the next generation of data center interconnects, and we are excited to be working with top Hyperscalers as they get ready for the shift to 800Gbps that we expect to commence later in 2023.”

INEO Debuts Dual Screen INEO Welcoming System

June 22, 2022 Published by Roboticulized.com

INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the “Company” or “INEO“), the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, today announced the first dual screen version of its disruptive market technology, branded as the INEO Welcoming System DUO. INEO will be launching the INEO Welcoming System DUO today at the NRF Protect 2022 Conference inside the Prosegur Security tradeshow display (booth #7009).

“From the first day we installed our patented INEO Welcoming System in a retail store we have had requests for a version which has a digital display screen on each side,” said Greg Watkin, Founder and Chairman of INEO. “Now that we are installing systems in larger stores, operated by national and international retailers, the opportunity warranted us putting the time and effort into developing a dual screen version. Our team took on a very difficult engineering problem and did an incredible job delivering a product which satisfies all the requirements of a leading Electronic Article Surveillance (“EAS”) loss prevention system plus two large, bright advertising screens to display advertising from our retail media network.”

The INEO Welcoming System DUO utilizes the same technology the Company has originally designed for the INEO Welcoming System which allows it to operate in both the Accousto-Magnetic (AM) 58KHz frequency spectrum and the 8.2MHz frequency spectrum. Digital display screens are inherently “noisy” as they cause electromagnetic interference which hinders the detection of loss prevention tags in a retail store; however, INEO has developed technology which allows the EAS loss prevention aspect of the system to still operate effectively with two large digital display screens located within the detection field.

The INEO Welcoming System DUO preserves the same base form factor of the original INEO Welcoming System allowing for visual uniformity within the retail store. The INEO Welcoming System DUO is the same height and width as the standard INEO Welcoming System and is only 2.3 centimeters (1 ¼ inches) thicker. The sleek design is a function of the proprietary technology INEO has developed.

LIQUID META ANNOUNCES THIRD QUARTER RESULTS

April 14, 2022 Published by TheBlockchainExaminer.com

Liquid Meta Capital Holdings Ltd. (“Liquid Meta” or the “Company“) (NEO: LIQD) (FRANKFURT: N5F), a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced the financial results for the three and nine months ended February 28, 2022. All amounts are expressed in U.S. Dollars unless otherwise stated.

Third Quarter Financial Highlights (Three months ended February 28, 2022)

Revenue of $1,108,946
Net loss of $4,539,656
Net loss of $1,025,050, excluding share-based compensation and listing expenses
As at February 28, 2022, the Company had total assets of $26,558,562

Management Commentary

Jonathan Wiesblatt, CEO commented, “Since our public launch in December 2021, our team has made important strides toward the achievement of Liquid Meta’s core objective – the development of the proprietary terminal platform MetaBridge technology. During the quarter, the Company developed and implemented several important MetaBridge modules, which are currently being used in our daily liquidity mining operations. Subsequent to the end of the quarter, we announced the addition of an experienced Chief Technology Officer (CTO), which we expect will accelerate the building of critical applications and development protocols for the commercialization of our platform.”

Mr. Wiesblatt continued, “As we continue to build MetaBridge, our team is committed to deploying capital in a prudent manner to maintain balance sheet strength, build shareholder value and ensure the ability to accelerate our core technology roadmap. Liquid Meta has successfully deployed the capital on its balance sheet across a select group of blockchains, DeFi applications (Dapps) and liquidity pools (LPs). Our all-weather liquidity mining strategy has generated consistent daily revenue despite elevated volatility in the crypto market during the fiscal third quarter. I am pleased to report that in the third quarter of fiscal 2022, Liquid Meta generated revenue of $1.1 million on its capital base, which was only fully deployed for two months of the quarter. 2022 will be an important year for Liquid Meta as the team continues to build what we believe will be the premier gateway for institutional access to DeFi.”

January was one of the most volatile months in recent years across all risky assets including cryptocurrencies and adjacent crypto markets like DeFi. During the month of January, certain crypto assets including the largest crypto tokens BTC and ETH lost ~20% and 30% of their value during the month. A basket of layer 1 tokens that Liquid Meta uses in its staking and liquidity mining operations lost an average of 42% in the month of January. Although global asset values plummeted during January including most crypto tokens, Liquid Meta was able to preserve its balance sheet through an active hedging program, a diversified liquidity mining strategy, and limited exposure to unhedged assets. The overall impact to Liquid Meta’s balance sheet was less than 2% of total assets deployed. Furthermore, market conditions normalized in the second half of February and March, with yields on the portfolio rising to pre-January levels.

At its core, Liquid Meta is building a technology-enabled liquidity mining company focused on the next generation of blockchain-based protocols, platforms, and applications. Liquid Meta has assembled a comprehensive engineering team that is building proprietary technology in order to access, automate, and operate across a variety of DeFi protocols and applications at scale, which can then be used to onboard third-party capital, or be licensed as software to institutional investors. Major attributes of Meta Bridge include asset monitoring, performance analysis, reporting & accounting, pre-trade compliance and network security.

One of Liquid Meta’s key priorities for 2022 is to advance and commercialize a technology stack specifically developed for institutional investors to access DeFi. During the third quarter, Liquid Meta made substantial progress towards achieving this goal by strengthening the engineering team, and subsequent to quarter end, the Company appointed Daniel Opperman as CTO to oversee the build of development protocols for the commercialization of MetaBridge.

Key Developments – Third Quarter

On December 22, 2021, Liquid Meta began trading on the NEO exchange under the symbol LIQD
On December 23, 2021, the Company announced the appointment of Stephen Harper and Tom Kang to the Company’s Board of Directors
On January 10, 2022, the Company announced the appointment of Clara Bullrich to the Company’s Board of Directors
On January 13, 2022, the Company announced a partnership with XLD Finance to provide liquidity to XLD’s stablecoin-based ecosystem
On January 25, 2022, Liquid Meta announced a partnership with Civic Technologies
Liquid Meta has now deployed over US$20 million dollars across various blockchains, Dapps and LPs
Incorporated direct node integration to 9 different blockchains on our search engine. These integrations represent the foundations of MetaBridge enabling Liquid Meta to automate our operation and capture DeFi transaction activity. Blockchains include Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom, Ronin, Solana, Terra and Arbitrum
Developed proprietary applications that capture transaction activity and financial performance across blockchains, Dapps and LPs
We have completed the first phase of our comprehensive liquidity mining hedging strategy. Liquid Meta is currently using internally developed software to test and deploy hedging strategies across different tokens and market environments. We continue to deploy more of these technologies across a greater number of liquidity pools (LPs)

Outlook

Over the next 12-months Liquid Meta will be focused on advancing the development of tools and software products for the commercialization of MetaBridge. and scaling its liquidity mining operation
Liquid Meta has now deployed greater than $20.0 million of liquidity across DeFi. The additional capital deployed is expected to produce daily revenue that will exceed the run rates produced in the Q3 results
Will focus on developing partnership opportunities across DeFi

Update on Ronin Network

As previously disclosed, Liquid Meta has provided liquidity to an LP on a decentralized exchange (DEX) that exists on the Ronin Network, and which is interconnected to the bridge that experienced the security breach. The Company is pleased to share that this DEX has now been restored and reopened following an update by Sky Mavis and the Ronin team. LPs such as Liquid Meta are now able to freely and securely enter or exit the DEX.

On April 6, 2022, Sky Mavis announced that it has raised a US$150M funding round to reimburse user funds affected by the Ronin Network breach. Led by crypto exchange Binance, this combined with Sky Mavis and Axie balance sheet funds, should ensure that all users are reimbursed. The Ronin Network bridge will open once it has undergone a security upgrade and several audits, which can take several weeks. In the meantime, Binance is supporting the Ronin Network by providing ETH withdrawals and deposits for Axie Infinity users, allowing most of them to operate freely. Further updates from the Ronin Network can be followed here.

“We are pleased to share that the DEX with approximately $2 million dollars of Liquid Meta’s funds has now been fully restored and we are now able to access funds and continue to mine our liquidity position. At Liquid Meta, we remain cognizant of the risks within the digital currency industry and have in place a robust set of criteria we utilize to select Dapps and LPs where we deploy our liquidity. These include a thorough analysis, overview of teams, founders of the exchange, audited Dapps, Total Value Locked (TVL) on platform, liquidity as well as the quality of networks and blockchains, among others,” commented Mr. Wiesblatt.

Liquid Meta is focused on the DeFi segment of the digital asset ecosystem through its liquidity mining business. Every time a transaction occurs within the LP, the protocol generates a service fee for the transaction, a portion of which is distributed to liquidity providers in the form of fees for providing a service to the protocol. Additionally, in some cases, liquidity miners can also earn protocol reward tokens by protocols and applications, which are offered as incentives and additional revenue generating opportunities for liquidity miners for interacting and providing liquidity to various protocols.

HUB Cyber Security Provides a Shareholders’ Business Update

March 30, 2022 Published by Roboticulized.com

HUB Cyber Security (Israel) Limited (TASE: HUB), a Tel-Aviv based developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“) announces today that the company intends to hold a virtual investor conference after publishing its financial statements for 2021. The conference will be held on Monday, April 4th, 2022.

The company will present all its business activities, including the status of the planned merger with the NASDAQ listed SPAC listed and the company’s progress in sales and technology.

Until the conference’s details are announced, the company’s management asks to update the shareholders on the following issues to alleviate any misunderstanding or erroneous messages recently published by third parties that may mislead investors community:

HUB’s business activity is progressing according to the company’s estimates, with continuous business growth across all existing areas of activity expected to result in NIS 370 million in revenues for 2022. This expectation is based, inter alia, on transactions of cyber products and services, Confidential Computing, the company’s existing backlog, and the acquisition transaction of Comsec (TASE ref no. 081019-01-2021, 098539-01-2021, 159387-01-2021) (the above mentioned revenue forecast does not include additional revenues from potential mergers and acquisitions that may be executed during fiscal year of 2022).
Following the announcement of the merger of HUB with the NASDAQ-listed SPAC, the company’s management wants to inform that the merger transaction is continuing as planned at the agreed value of $1.28 billion and is expected to be completed in the 3rd quarter of 2022, as published in the Company’s Informant Report (TASE ref no. 028539-01-2022). The transaction is on track, with SEC filing being in progress and the start of marketing to institutional investors in the United States that will be led by the Oppenheimer & Co Inc. investment bank.
Upon completion of the merger, HUB shareholders are expected to hold between 81.3% of the merged company (if none of the $173 million in SPAC funds are redeemed) and approximately 92% (if there is a full redemption of SPAC funds).
The company received irrevocable commitments for the PIPE investment of $50 million from Israeli and American institutional investors (TASE ref no. 028539-01-2022) for buying HUB common shares at the agreed value of $1.28 billion. That $50 million is the minimum investment required to complete the merger transaction (even in the case of full redemption of the $173 million of SPAC funds).

The company’s management will clarify all the above points and other issues at the investor conference and answer investors’ questions. Full details regarding the conference will be published this Sunday, April 3, 2022.

It should be clarified that the above information regarding the impact on the company’s results in 2022, the execution of potential merger transactions, additional revenues derived from these transactions, and the completion of the SPAC’s merger transaction, is deemed as forward-looking information, as defined in the Israeli Securities Law. There is no certainty that the company’s estimations as aforesaid will be realized, in whole or in part, or that they will be realized differently than anticipated by the company, among other things, due to factors beyond the company’s control.

Gogoro Announces Update to Unaudited 2021 Revenue and Upsizes PIPE to $295M to Support Imminent Closing of De-SPAC Transaction

March 23, 2022 Published by Roboticulized.com

Gogoro^® Inc. (“Gogoro” or the “Company”), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced an update to its unaudited 2021 revenue and an increase to its PIPE to $295M. Gogoro is in a strong position to fund its business plan and is committed to closing its SPAC transaction with Poema Global Holdings Corp. (“Poema Global”) (NASDAQ: PPGH) in early April. Gogoro is seeing excellent momentum in its business, both in its home market of Taiwan, and its expansion markets in China, Southeast Asia and India.

Unaudited 2021 Revenue

Gogoro finished 2021 ahead of expectations with unaudited 2021 revenue exceeding its prior projected 2021 revenue of $326.9M by approximately 10%. The company is also tracking well against its previous 2022 revenue projection of $500.2M.

Oversubscribed PIPE

Gogoro has also experienced solid demand for its PIPE, significantly exceeding its initial target of $175M with $257M at the time of the SPAC transaction announcement in September 2021. Since then, Gogoro has received an additional $37.5M in commitments, including an additional $10M commitment being added today, taking the total PIPE to $295M. This significant, upsized cash position allows Gogoro to ensure that it can push forward aggressively with its investment and expansion plans.

SPAC Transaction Update

Based on this, Gogoro expects to close its business combination transaction in early April, regardless of redemption levels, and is excited to become a publicly traded company as it continues to execute its market expansion plans alongside its industry-leading partners. Following the completion of the business combination, Gogoro expects to be listed on the Nasdaq under the symbol “GGR.”

Liberty Receives $500,000 Contract Award from TSA for Improved Threat Detection Using HEXWAVE System

October 20, 2021 Published by Roboticulized.com

Liberty Defense Holdings Ltd. (“Liberty” or the “Company“) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2), a leading technology provider for concealed weapons and threat detection solutions, is pleased to announce that it has received a contract award for $500,000 USD as part of the Transportation Security Administration’s (TSA) On-Person Screening Capability Program for demonstration and evaluation of the HEXWAVE and its expanded capabilities for screening Aviation Workers at a TSA designated location to enhance detection and throughput performance.

Liberty’s HEXWAVE product, a next generation, high throughput, contactless threat detection system for concealed metallic and non-metallic objects, uses Artificial Intelligence (AI) to provide automated decisions to security operators when screening Aviation Workers accessing secure areas at US airports. HEXWAVE is:

capable of detecting both metal and non-metal threats, such as explosives and plastic weapons;
trained to ignore common benign objects, such as phones, keys, belts, wallets, and watches; and
able to provide enhanced screening detection with fewer false alarms at high throughput rates.

“We commend the TSA for expanding screening of aviation workers to reduce the threat potential at US airports,” said Bill Frain, CEO of Liberty Defense. “Liberty Defense will be working closely with the TSA to provide overall screening effectiveness with security being the number one priority, but also improving the throughput for a practical and effective process.”

The proposed HEXWAVE solution will detect TSA specific threats and will expand HEXWAVE’s existing capabilities to train its Automated Threat Recognition (ATR) system to the TSA’s criteria.

For more information about Liberty and to subscribe to company updates, visit: https://libertydefense.com

BD Leverages Artificial Intelligence To Transform Microbiology Urine Testing

May 26, 2021 Published by Roboticulized.com

BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced the U.S. launch of a Urine Culture Application for use with the BD Kiestra lab automation incubation and imaging system that can transform the way microbiology labs approach urine culture analysis.

Designed using artificial intelligence (AI) and leveraging the quality of BD BBL plated media, the application uses digital imaging and software algorithms to determine the amount of growth on a urine culture plate from clean caught and catheterized samples. The BD Kiestra system’s intelligent incubation and imaging device uses high-throughput robotics to perform time series imaging, coupled with machine learning so that plates with no significant growth can be released for disposal and plates with significant growth automatically go into a queue for clinician analysis.

In many labs, urine cultures make up a significant part of the daily workload — however, the majority of those samples have no growth or non-significant growth and don’t require any additional work-up. Batch review of large volumes of plates with non-significant growth and release can help medical laboratorians focus their time and expertise on more clinically relevant tasks.

“The use of the Urine Culture Application to automatically organize specimens into meaningful worklists driven by user-defined expert rules for critical criteria such as ‘high risk patients’ or ‘complex specimens’ will help laboratories work more efficiently and better prioritize their efforts to focus on the most critical and complex specimens,” said Cecilia Soriano, vice president and general manager for Microbiology at BD Integrated Diagnostic Solutions. “Reading plates is one of the laboratory tasks that requires the most skill and given the decrease of skilled technicians entering the workforce and the strain on resources created by the COVID-19 pandemic, it’s that much more critical for labs to be able to be more efficient.”

Powered by BD Synapsys informatics solution, the BD Kiestra Urine Culture application (UCA) may help improve lab efficiency and enhance quality by providing diagnostically relevant, standardized images for interpretation by laboratory staff. The new Urine Culture app can be used with both standalone BD Kiestra ReadA systems as well as track-based BD Kiestra laboratory automation solutions.

Date	Number of shares acquired	Lowest price paid (SEK)	Highest price paid (SEK)	Volume weighted average (SEK)
31 March 2023	3,520	33.05	34.55	33.54
03 April 2023	3,545	33.25	34.30	34.22
	7,065

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