VAST Data Closes Series E Funding Round, Nearly Triples Valuation to $9.1 Billion

NO–HEADQUARTERS | NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) — VAST Data, the AI data platform company, announced today that it has secured $118 million in Series E funding, led by Fidelity Management & Research Company and accompanied by New Enterprise Associates (NEA), BOND Capital and Drive Capital.

The funding will advance VAST Data's mission to deliver a new category of infrastructure that puts data at the center of how systems think, react, and discover. This breakthrough will empower organizations to effectively address their most pressing data challenges, enabling unprecedented advancements in technology, economics, social dynamics, and scientific research.

The VAST Data Platform unifies storage, database, and containerized compute engine services into a single, scalable software platform architected from the ground up to power AI and GPU–accelerated tools in modern data centers and clouds. The platform uniquely enables organizations to understand all data, both structured and unstructured as it exists in the natural world, to generate superior insights and unlock new value.

"A new AI data stack is required," said Renen Hallak, CEO and Co–Founder of VAST Data. "To be truly impactful in this era of AI and deep learning, you not only want to have a lot of data, but also high quality data that is correctly organized and available at the right place, at the right time. The VAST Data Platform delivers AI infrastructure that opens the door to automated discovery that can solve some of humanity's most complex challenges."

"We believe that VAST Data is a pioneer in the AI GPU space," said Scott Sandell, Chairman, CEO and CIO at NEA. "With deep learning at the center of the massive AI movement we are experiencing, interest and investment in VAST Data has escalated, and we are thrilled to partner with the VAST Data team as they drive influence and innovation in the global AI technology sector."

The funding follows a pivotal 2023 calendar year, marked by:

  • Impressive Business Momentum: At the end of FY'Q3, VAST Data surpassed $1 billion in cumulative software bookings. The company achieved 3.3x year–over–year (YoY) growth and maintained positive cash flow for the last 12 quarters with a gross margin of nearly 90%.
  • Organizations Across All Industries Trust VAST Data: VAST Data has amassed a growing customer roster of global enterprises including Booking Holdings, Inc., U.S. Air Force, U.S. Department of Energy, Verizon, Boston Children's Hospital, Pixar, and Zoom, among others, signaling strong market validation.
  • Reimagining AI Cloud Infrastructure: Through innovative customer partnerships with companies like CoreWeave, Lambda and Core42 (formerly G42 Cloud), VAST Data is delivering the infrastructure that is purpose built for next–generation AI clouds.
  • Deepened Commitment to Partners: Since its founding, VAST Data has worked closely with partners to break down technology tradeoffs and barriers while improving the overall customer experience. In May 2023, VAST Data furthered this mission with the VAST Data Platform achieving NVIDIA DGX SuperPOD certification, making large scale AI deployments simpler, faster, more reliable and easier to manage. In April 2023, VAST Data entered into a strategic partnership with HPE, helping enterprise customers manage unstructured data with high performance at scale to deliver superior time to data insight.
  • Global Expansion: Now with more than 700 employees worldwide VAST Data is actively broadening its business footprint, penetrating new regions in Asia Pacific, the Middle East, and Europe.

Supporting Quotes

The VAST Data Platform's capacity to process large quantities of data at unparalleled scale and speed signifies a transformative shift in industry operations, underscoring the pivotal role of deep learning AI in shaping future advancements. This sentiment was shared by customers and partners across the industry, including:

"Data is every company's most valuable asset," said Manuvir Das, vice president of Enterprise Computing at NVIDIA. "NVIDIA and Vast Data are collaborating to enable enterprises to harness their data using accelerated computing and cloud–based AI solutions to tackle their biggest challenges."

“Some of the most data–intensive and computationally advanced customers on the planet trust CoreWeave, NVIDIA and VAST to deliver the most secure and scalable solutions on top of the industry's fastest and most flexible AI infrastructure,” said Michael Intrator, CEO and co–founder of CoreWeave. “We're honored to partner with VAST to provide purpose–built accelerated computing solutions that solve the complex AI and data challenges that enterprises face now and into the future."

“Data is the only competitive advantage in AI and therefore infrastructure that can simplify and scale data access is crucial for any organization training AI models,” said Sanjeev Mohan, Principal, SanjMo. “With a modern data platform fine–tuned for the performance and scale AI requires, VAST Data is well–positioned to capture a massive opportunity.”

Additional Resources:

About VAST Data:
VAST Data is the data platform company built for the AI era. As the new standard for enterprise AI infrastructure, organizations trust the VAST Data Platform to serve their most data–intensive computing needs. VAST Data empowers enterprises to unlock the full potential of their data by providing AI infrastructure that is simple, scalable, and architected from the ground up to power deep learning and GPU–accelerated data centers and clouds. Launched in 2019, VAST Data is the fastest growing data infrastructure company in history. For more information, please visit https://vastdata.com and follow VAST Data on X (formerly Twitter) and LinkedIn.

Media Contact:

Austin Weedfall
VAST Data
press@vastdata.com


GLOBENEWSWIRE (Distribution ID 8990742)

International science organizations sign agreement to provide hardware for the Deep Underground Neutrino Experiment

Batavia, Illinois, Dec. 06, 2023 (GLOBE NEWSWIRE) — The Deep Underground Neutrino Experiment "" also known as DUNE "" is an international mega science experiment that will use enormous particle detectors to study the behavior of neutrinos, which might indicate why we live in a matter–dominated universe.

The DUNE collaboration, representing scientists from dozens of countries around the world, will contribute to the construction of detectors at two sites in the United States: one at the U.S. Department of Energy's Fermi National Accelerator Laboratory, the host lab for DUNE, 40 miles west of Chicago, and the other at the Sanford Underground Research Laboratory (SURF) in Lead, South Dakota.

On Nov. 17, representatives of funding agencies from five countries signed a memorandum of understanding, affirming their commitment to contribute to the construction of components for DUNE. Director Lia Merminga signed on behalf of Fermilab.

"DUNE will help answer some of the biggest questions in the universe and has the potential to transform the field of neutrino physics. We are proud to host DUNE in the U.S. with major contributions from the project's international partners who offer their unique expertise," said Regina Rameika, DOE associate director for the Office of High Energy Physics. "Having the commitment from our international partners to contribute these vital components is an essential aspect of DUNE."

With their signatures, University of Campinas (Unicamp), Brazil, Institut National de Physique Nuclaire et de Physique des Particules (IN2P3), France, Istituto Nazionale Di Fisica Nucleare (INFN), Italy, University of Bern, Switzerland, and the Science and Technology Facilities Council/United Kingdom Research and Innovation (STFC/UKRI), United Kingdom, committed to contributing hardware to the two DUNE Far Detectors in South Dakota.

The Canadian Foundation for Innovation John R. Evans Leaders Fund and the Ontario Research Fund in Canada in addition to CERN in Switzerland also signed the memorandum of understanding remotely and will contribute to the DUNE Near Detector in Batavia, Illinois.

Signatures from agencies in the Czech Republic and Spain have been coordinated and will be finalized in the future.

In the memorandum of understanding for Far Detector 1, the United Kingdom and CERN agreed to contribute to anode plane assemblies; Brazil, the Czech Republic, Italy and Spain will contribute to the photon detection system; CERN will contribute to the high–voltage system; Canada, CERN and the U.K. will contribute to the data acquisition system; and Spain will contribute to the calibration and cryogenics instrumentation.

In the memorandum of understanding for Far Detector 2, CERN and France agreed to contribute to top drift electronics; Brazil, the Czech Republic, France, Italy and Spain will contribute to the photon detection system; France and CERN will contribute to the high–voltage system; Canada, CERN and the U.K. will contribute to the data acquisition system; Spain will contribute to the calibration and cryogenics instrumentation; and CERN and France will contribute to the charge readout planes.

Scientists and engineers from more than 35 countries are partnering with Fermilab to design, build and analyze data from DUNE, which will be installed in the new Long–Baseline Neutrino Facility. Construction of LBNF has begun, and the excavation of the large caverns in Lead, South Dakota for the DUNE Far Detectors is more than 85% complete.

The DUNE collaboration comprises more than 1,400 scientists and engineers from over 200 research institutions. Notably, CERN's commitment to LBNF and DUNE represents its first investment in infrastructure for a physics experiment outside of Europe. Several countries "" France, India, Italy, Poland and the United Kingdom "" also are making significant contributions to the Proton Improvement Plan II project, which includes the construction of the 215–meter–long superconducting particle accelerator at Fermilab that will power DUNE.

DUNE will be the world's most comprehensive experiment to study neutrinos: tiny, lightweight particles that permeate the universe but rarely interact with anything. DUNE will seek to determine whether neutrinos could be the reason the universe is made of matter; look for neutrinos emitted from exploding stars to learn more about the formation of neutron stars and black holes; and watch for a rare subatomic phenomenon that could elucidate the unification of nature's forces.

To pursue these science goals, DUNE will study neutrino oscillation, a phenomenon in which a neutrino's property, called flavor, changes as it travels. DUNE will probe this oscillation by shooting a beam of neutrinos 1,300 kilometers straight through the earth, from Fermilab's accelerator complex in Illinois, through the Near Detector to the Far Detectors located a mile underground at SURF in South Dakota.

The science of DUNE is a global endeavor, and the partnership with funding agencies, scientists and engineers from around the world makes it the first truly international mega science experiment to be hosted on U.S. soil. Additionally, hundreds of students from all corners of the earth will start their careers in science, engineering and computing on this project.

Fermi National Accelerator Laboratory is supported by the Office of Science of the U.S. Department of Energy. The Office of Science is the single largest supporter of basic research in the physical sciences in the United States and is working to address some of the most pressing challenges of our time. For more information, please visit science.energy.gov.

Attachment


GLOBENEWSWIRE (Distribution ID 8990708)

International Directional Services and Veracio Announce Strategic Partnership to Advance Drilling and Downhole Technologies in North America

WATSONVILLE, Calif. and SALT LAKE CITY, Dec. 06, 2023 (GLOBE NEWSWIRE) — International Directional Services (IDS), a Granite Company (NYSE:GVA) and Veracio, a leading mining technology company, today announce a partnership to offer Veracio's complete suite of driller–operated tooling to IDS' clients.

Veracio is making significant steps toward leveraging advanced geological technologies to enhance the mining lifecycle. While IDS and Veracio have an existing relationship, the announcement of this partnership acknowledges the vision both companies share for transforming how the drilling workflow can be enhanced with better data. By combining IDS's expertise in directional drilling and Veracio's geological data collection, the partnership will empower IDS and Granite clients to reduce unnecessary drilling costs, mitigate operational errors, minimize waste, and foster sustainable mining practices.

"Our collaboration further strengthens Veracio's position in the US market and reinforces our commitment to advancing the mining industry by offering cutting–edge solutions," states Veracio's Chief Executive Officer, JT Clark. "Together with IDS, we are committed to redefining industry standards, empowering precision and integrity with every survey, and delivering unparalleled solutions for the mining industry."

“We are excited to embark on this strategic partnership with Veracio. By combining our data collection expertise with Veracio's cutting–edge instrument technology, we aim to redefine how drill hole data is utilized in our industry," said Jason Smith, IDS General Manager. "This collaboration represents a significant step forward for IDS and our commitment to delivering excellence to our clients.”

Key Objectives of the Partnership:

  • Enhanced Drill Hole Data Analysis: Deploy cutting–edge technology to enhance the accuracy and quality of drill hole data analysis, providing valuable insights for mining projects.
  • Increased Productivity: Leveraging Veracio's growing fleet of technologies, including TruGyro, and TruSub technology ensures that drilling is precise and efficient leading to better resource definition, safety and lower risks of operational errors, at lower cost.
  • Client Support and Satisfaction: The partnership aims to elevate the level of support and satisfaction for IDS's clients by delivering data–driven insights and innovative solutions.

The announcement is headlined by the most compact and integrated continuous north–seeking gyro tool in drilling, Veracio's TruGyro, a north–seeking gyro tool built to deliver precision data at depth in some of the toughest of environments. IDS also currently serves as the distributor for Veracio's TruShot, a precise magnetic survey tool specially designed for driller deployment. Known for its durability, precision, and user–friendly features, TruShot enables drillers to confidently capture high–quality 3D hole path data. In addition to TruShot, IDS also distributes core orientation tooling on behalf of Veracio. As Veracio introduces new products to the market, IDS aims to expand its customer offerings to provide a comprehensive range of cutting–edge solutions.

Photos accompanying this announcement are available at – https://drive.google.com/drive/folders/1AZcrwz8G6Ii4AveB6WDOrHozAgvx7–QY?usp=drive_link

About Veracio
Veracio offers mining clients a range of solutions that improve, automate, and digitally transform their orebody sciences in exploration, resource definition and production. Championing a modern approach through a diverse product portfolio Veracio fuses science and technology together with digital accessibility by using advanced scanning, sensing with strong data governance and the deployment of AI to accelerate real–time decision making and significantly improve efficiency, profitability, and sustainability across the value chain. For more information about Veracio, please visit www.veracio.com.

About Granite
Granite is America's Infrastructure Company. Incorporated since 1922, Granite (NYSE: GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full–suite civil construction provider. Granite's Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award–winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.

Media Contacts

Veracio
Kamran Shaikh
PRA Communications
kshaikh@pracommunications.com
Cell: +1–778–846–5406
IDS/Granite
Erin Kuhlman – 831–768–4111
Investors
Wenjun Xu – 831–761–7861


GLOBENEWSWIRE (Distribution ID 8990350)

Zoom delivers AI-powered customer experiences at an unmatched value for companies of every size

SAN JOSE, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced enhancements across its AI–powered customer experience (CX) suite and new pricing plans that are expected to be available in the coming weeks.

"Zoom Contact Center has seen incredible momentum since its launch last year, reaching more than 700 customers and expanding to businesses of all sizes, from mid–market companies to global enterprises," said Vi Chau, head of product, Zoom Phone and Contact Center at Zoom. "We have strategically invested in areas like advanced AI, workforce management, and omnichannel expansion to help build meaningful customer experiences. These new plans provide exceptional value at all levels, including enterprise–grade features at the base tier that other companies charge extra for."

To support its growing customer base and its various business needs, Zoom Contact Center will be available in new tiered plans that each include voice, video, chat, and Short Message Service (SMS) channels, real–time transcription, remote control, Agent Computer–Telephony Integration (CTI), surveys, and AI Companion capabilities including summarization.

Additional features, including inbound email and social channel support, and outbound dialers are supported in mid–tier plans. Zoom AI Expert Assist and Workforce Engagement Management will be included in top–tier plans, and available as an add–on to any package. These new plans offer exceptional customer value and flexibility to meet the needs of small–to–large contact center departments.

New packages provide flexibility and value

Zoom's new packages provide enterprise–grade feature sets designed to serve the needs of its customers, no matter their size. All product offerings are available to mix and match as named or concurrent licenses.

Essentials

  • The Essentials package starts at just $69 per month and includes Zoom AI Companion, remote control, privacy and security features, and support for the most critical channels: omnichannel voice, chat, SMS, and video, as well as many other core capabilities.

Premium

  • In addition to the features offered in the Essentials package, the Premium package provides support for email, social channels, and outbound dialer, starting at $99 per month.

Elite

  • Elite customers have access to all the features from the Premium package, plus Zoom AI Expert Assist, Quality Management, and Workforce Management, starting at $149 per month.

Additionally, customers with Essentials and Premium packages have the option to purchase features such as Zoom AI Expert Assist and Workforce Engagement Management as add–ons to their package.

Enhanced features expand solution use cases

Zoom's newest innovations in customer experience focus on helping businesses engage and collaborate better with customers, employees, and more.

  • Zoom AI Expert Assist enables AI–powered personalized support for customers, improved productivity for agents, and better intelligence for supervisors. AI Expert Assist intelligently retrieves and suggests the best responses from a curated set of knowledge bases, customer relationship management (CRM) systems, and other systems of record. Additional functionality expected in early 2024 includes recommended next best action, complete with personalized steps, and an intelligent view of agents and activity for supervisors and contact center leaders.
  • Expanded communication channels, including email and Meta's Messenger, allow agents to interact with customers where they prefer to communicate. The ability to chat in WhatsApp is expected in early 2024.
  • Remote control allows IT departments to help employees and customers solve problems more quickly with the ability for customers to grant help desk agents permission to control their desktops remotely.
  • Outbound dialing empowers sales–oriented agents to enhance customer interaction quality before placing calls and automatically dial numbers on a contact list as soon as an agent becomes available through Zoom's progressive dialer capabilities. Outbound progressive dialing is currently available in beta and is expected to be generally available in the coming weeks. Outbound preview dialing is expected in early 2024.
  • Additional privacy and security with built–in post–redaction of certain personal data in voice and video recordings, as well as voice, video, and messaging transcripts. In addition, bring your own encryption keys to protect certain data stored at rest within the Zoom Cloud infrastructure is coming in 2024.
  • Third–party application integrations enhance the agent experience and reduce the need to toggle between programs, providing real–time access to customer information, including CRM, support, and payments from within the Zoom client expected to be generally available in early 2024.

These new plans will be available in the coming weeks.

About Zoom
Zoom is an all–in–one intelligent collaboration platform that makes connecting easier, more immersive, and more dynamic for businesses and individuals. Zoom technology puts people at the center, enabling meaningful connections, facilitating modern collaboration, and driving human innovation through solutions like team chat, phone, meetings, omnichannel cloud contact center, smart recordings, whiteboard, and more, in one offering. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Lacretia Nichols
press@zoom.us


GLOBENEWSWIRE (Distribution ID 8990604)

Global Law Firm Nixon Peabody Goes Live with Anaqua’s Comprehensive Suite of IP Management Software and Services

BOSTON, Dec. 06, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology today announced that global law firm Nixon Peabody has gone live on Anaqua's PATTSY WAVE platform, as part of a series of measures to further enhance the efficiency of the firm's growing IP practice.

Anchored in PATTSY WAVE's state–of–the–art SaaS docketing software, Nixon Peabody is using several of Anaqua's integrated solutions to manage clients' IP, including Anaqua's connectivity solution, Echo, for NetDocuments integration; patent search and analytics via AcclaimIP; AI–enhanced autonomous time capture using WiseTime ; Rowan Patents for patent drafting; and Anaqua Services for patent and trademark renewals.

With more than 700 attorneys collaborating across offices in the U.S. and major European and Asian commercial centers, Nixon Peabody is one of the world's largest law firms. The firm has a prominent and expanding intellectual property practice.

About Anaqua

Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech–enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision–making, and streamline IP operations, tailored to each segment's need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua's solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company's global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua's LinkedIn.

About Nixon Peabody LLP

Nixon Peabody LLP is recognized as a Global 100 law firm – one of the largest in the world. With more than 700 attorneys collaborating across major practice areas across the U.S. and in European and Asian commercial centers, the firm's size, diversity, and advanced technological resources enable it to offer comprehensive legal services to individuals and organizations of all sizes in local, state, national, and international matters. Nixon Peabody's clients range from Fortune 50 corporations to global banking and finance institutions, name–brand retailers, emerging entrepreneurs, and world–class research institutions.

Company Contact:
Nancy Hegarty
VP, Marketing
Anaqua
617–375–2655
nhegarty@anaqua.com


GLOBENEWSWIRE (Distribution ID 8989816)

Civilian Deaths in Gaza a Stain on Israel and its Allies

Credit: UNICEF/UNI463720/El Baba

By Jan Egeland
OSLO, Norway, Dec 6 2023 – The pulverising of Gaza now ranks amongst the worst assaults on any civilian population in our time and age. Each day we see more dead children and new depths of suffering for innocent people enduring this hell.

Across the Gaza Strip, almost the entire population – 1.9 million people – have been displaced. Nearly two in three homes are now damaged or destroyed. Amid relentless air, land and sea attacks, thousands of families are forced to relocate from one perilous zone to another.

Today, more than 750,000 people are crowded into just 133 shelters. Tens of thousands live on the streets of southern Gaza, where, under bombardment, they are forced to improvise basic shelters from whatever they can get hold of.

The winter rains have arrived and so have infectious diseases, just as public health services have been utterly paralysed. Many of my own NRC staff members now live on the streets. One of them does so with her two-month-old baby.

Credit: NRC – Norwegian Refugee Council

Our colleagues in Gaza ask themselves a simple question: how is it that these atrocities are beamed across the world for all to witness, and yet so little is done to stop them?

Countries supporting Israel with arms must understand that these civilian deaths will be a permanent stain on their reputation. They must demand an immediate ceasefire in Israel and Gaza. Only a cessation of hostilities will allow us to ensure effective relief to the two million who now require it.

Severe restrictions on aid access have aggravated the situation, leading to starvation among Gaza’s population, intensifying an already dire humanitarian crisis. We have been forced to halt nearly all of our aid operations due to the bombardment, the chaos, and the panic.

There must be accountability for those responsible for the killings, the torture, and the atrocities committed in Israel on October 7th.

The killing of thousands of innocent children and women, the siege on an entire civilian population, and the trapping of bombarded civilians behind closed borders in Gaza are also crimes under international law.

There must also be accountability for this, from political and military leaders as well as those who provided arms and support. This military campaign can in no way be described as ‘self-defense.’

We again demand that all hostages are immediately and unconditionally released. Neither the lives of innocent children, women or men, nor the ability of aid workers to access the vulnerable, should be used as bargaining chips.

The situation in Gaza is a total failure of our shared humanity. The killing must stop.

Jan Egeland is a Norwegian diplomat political scientist, humanitarian leader and former Labour Party politician who has been Secretary General of the Norwegian Refugee Council since 2013. He served as State Secretary in the Norwegian Ministry of Foreign Affairs from 1990 to 1997 and as United Nations Undersecretary-General for Humanitarian Affairs and Emergency Relief Coordinator from 2003 to 2006.

IPS UN Bureau

 


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Global Civil Society Launches Manifesto for Ethical AI

Credit: Forus

By Bibbi Abruzzini and Nina Sangma
NEW DELHI, India, Dec 6 2023 – We, a global coalition of over 50 civil society and human rights organizations from over 30 countries have co-developed the “Civil Society Manifesto for Ethical AI”, a groundbreaking initiative aiming to steer AI policies towards safeguarding rights and deconolonising AI discourse. We question, and we are not the only ones: whose voices, ideas and values matter in AI ?

“If Silicon Valley was a country it would probably be the richest in the world. So how genuinely committed is Big Tech and AI to funding and fostering human rights over profits? The barebones truth is that if democracy was profitable, human rights lawyers and defenders including techtivists from civil society organizations wouldn’t be sitting around multistakeholder engagement tables demanding accountability from Big Tech and AI. How invested are they in real social impact centred on rights despite glaring evidence to the contrary?,” asks Nina Sangma, of the Asia Indigenous Peoples Pact, a regional organization founded in 1992 by Indigenous Peoples’ movements with over 40 members across 14 countries in the Asia-Pacific region.

We are currently at a critical juncture where most countries lack a comprehensive AI policy or regulatory framework. The sudden reliance on AI and other digital technologies has introduced new – and often “invisible” – vulnerabilities, and we have just seen the tip of the iceberg, literally melting from the effects of climate change.

Some things we have already seen though: AI is still a product of historical data representing inequities and inequalities. A study analyzing 100+ AI-generated images using Midjourney’s diffusion models revealed consistent biases, including depicting older men for specialized jobs, binary gender representations, featuring urban settings regardless of location, and generating images predominantly reinforcing “ageism, sexism and classism”, with a bias toward a Western perspective.

Data sources continue to be “toxic”. AI tools learn from vast amounts of training data, often consisting of billions of inputs scraped from the internet. This data risks to perpetuate harmful stereotypes and often contains toxic content like pornography, misogyny, violence, and bigotry. Furthermore, researchers found bias in up to 38.6% of ‘facts’ used by AI.

Despite increased awareness, the discourse surrounding AI, like the technology itself, has predominantly been shaped by “Western, whiteness, and wealth”. The discrimination that we see today is the result of a cocktail of “things gone wrong” – ranging from discriminatory hiring practices based on gender and race, to the prevalence of algorithms biases.

“Biases are not a coincidence. Artificial intelligence is a machine that draws conclusions from data based on statistical models, therefore, the first thing it eliminates is variations. And in the social sphere that means not giving visibility to the margins,” declares Judith Membrives i Llorens, head of digital policies at Lafede.cat – Organitzacions per la Justícia Global.

“AI development isn’t the sole concern here. The real issue stems from keeping citizens in the dark, restricting civic freedoms and the prevalence of polarisation and prejudice on several dimensions of our societies. This results in unequal access, prevalent discrimination, and a lack of transparency in technological processes and beyond. Despite acknowledging the potential and power of these technologies, it is clear that many are still excluded and left at the margins due to systemic flaws. Without addressing this, the global development of AI and other emerging technologies won’t be inclusive. Failure to act now and to create spaces of discussion for new visions to emerge, will mean these technologies continue to reflect and exacerbate these disparities,” says Mavalow Christelle Kalhoule, civil society leader in Burkina Faso and across the Sahel region, and Chair of the global civil society network Forus.

The Civil Society Manifesto for Ethical AI asks, what are the potential pitfalls of using current AI systems to inform future decisions, particularly in terms of reinforcing prevailing disparities?

Today, as EU policymakers are expected to close a political agreement for the AI Act, we ask, do international standards for regulating machine learning include the voice of the people? With the Manifesto we explore, challenge, disrupt, and reimagine the underlying assumptions within this discourse but also to broaden the discussion to incorporate communities beyond the traditional “experts.” Nothing about us, without us.

“We want Artificial Intelligence, but created by and for everyone, not only for a few,” adds Judith Membrives i Llorens.

From the “Internet of Cows” to the impact of AI on workers’ rights and on civic space, developed by over 50 civil society organisations, the Manifesto includes 17 case studies on their experiences, visions and stories around AI. With each story, we want to weave a different path to build new visions on AI systems that expand rather than restrict freedoms worldwide.

“The current development of AI is by no means an inevitable path. It is shaped by Big Tech companies because we let them. It is time for the civil society to stand up for their data rights,” says Camilla Lohenoja, of SASK, the workers’ rights organisation of the trade unions of Finland.

“Focusing on ethical and transparent technology also means giving equal attention to the fairness and inclusivity of its design and decision-making processes. The integrity of AI is shaped as much by its development as by its application,” says Hanna Pishchyk of the youth group Digital Grassroots.

Ultimately, the Manifesto aims to trigger a global – and not just sectorial and Western-dominated dialogue – on AI development and application.

Civil society is here not just as a mere token in multistakeholder spaces, we bring forward what others often dismiss, and we actively participate worldwide in shaping a technological future that embraces inclusivity, accountability, and ethical advancements.

Bibbi Abruzzini, Forus and Nina Sangma, Asia Indigenous Peoples Pact (AIPP)

IPS UN Bureau

 


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Guidepoint Expands Presence in Dubai to Spur Further Growth Across the Region

DUBAI, United Arab Emirates, Dec. 06, 2023 (GLOBE NEWSWIRE) — Guidepoint, the world's leading expert network and research enablement platform, announces the expansion of its Dubai offices within the Dubai International Financial Centre (DIFC). The move supports Guidepoint's continued investment and growth strategy in the region, affirming its strong commitment to staff and clients from the consulting, investment, corporate, and government sectors across the Middle East.

Bilal Sabouni, Managing Director & Head of Middle East, North Africa, and Turkey at Guidepoint, stated: "I'm extremely proud of the team's success in providing our innovative research solutions and industry–leading customer service. The decision to expand our infrastructure in Dubai reflects our strong commitment to meeting the increasing demand for our services and providing even greater support to our valued clients in the region."

Jon Adkins, Director & Head of International, added: "Guidepoint has long recognized the importance of the Middle East as a key market. The decision to expand our presence in Dubai is a strategic response to the growing business opportunities in the region. We look forward to further strengthening our relationships and contributing to the success of our stakeholders as we continue to amplify our international presence around the world."

For further details and updates, please follow Guidepoint Middle East on LinkedIn or connect with a Guidepoint representative via email at middle.east@guidepoint.com.

About Guidepoint

Guidepoint is a leading research enablement platform designed to accelerate understanding and empower decision–making through real–time access to data and hard–to–source knowledge. Backed by the world's largest network of expertise, the company provides critical context and dimension on any topic, letting top companies, government agencies and investors rapidly turn answers into action.

For more information, visit www.guidepoint.com.

SOURCE Guidepoint

Related Links

http://www.guidepoint.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/1bcdbd35–dd4d–4e3c–9835–c6e02f1a51af

https://www.globenewswire.com/NewsRoom/AttachmentNg/b1eeca96–fb5a–4313–887b–ceb085414241


GLOBENEWSWIRE (Distribution ID 8990422)

Beware Carbon Myopia at COP28: Why Climate and Nature Action Must Now Come Together in the Race for a Liveable Planet

School of fish and coral. Credit: UNDP Seychelles

By Midori Paxton
NEW YORK, Dec 6 2023 – As COP28 delegates focus on the first Global Stocktake, there is no doubt that the race to net-zero greenhouse gas emissions is vital.

But while electric vehicles and solar power uptake have seen visible and welcome progress in particular, the transition to a thriving future on a healthy planet requires much more than decarbonization alone.

Don’t get me wrong. Decarbonization is a must. It has to be done. But focus on just one lane of what must be a systemic transition to a liveable planet is dangerously myopic.

Water vapor, for example, is overlooked as a highly significant greenhouse gas. It is the most abundant greenhouse gas, and responsible for about half of greenhouse heating effects. Recent research published in the International Journal of Environment and Climate change highlights that the quantities of water vapor in our atmosphere are affected by a breadth of environmentally damaging human activities, beyond fossil fuel emissions.

The oceans are the world’s biggest carbon sink and a weather and climate regulator in their own right. Harm to ocean ecosystem functions due to ocean acidification, toxic “forever chemicals” and microplastic pollution has led to reductions in phytoplankton photosynthesis by as much as 50 per cent since the 1950s. Phytoplankton photosynthesis underpins almost all marine animal life by generating most of the oxygen and food that provide other organisms with the chemical energy they need to exist.

This has knock-on implications deeply interlinked with climate action: reduced phytoplankton leads to higher concentrations of dissolved carbon dioxide in ocean surface water, further accelerating ocean acidification and allowing evaporation and atmospheric water vapor concentrations to increase, increasing humidity, precipitation and temperature as an additional climate change feedback loop.

Importantly, if we achieve net zero carbon by 2050, we could still face catastrophic climate change if ocean ecosystem health is overlooked. In addition to the consequences of global heating, ocean acidification and the collapse of the marine ecosystems could lead to the loss of most seals, birds, whales, fish, and food supply for three billion people.

Take another example: deforestation. In the past 300 years or so, 1.5 billion hectares of forest have been removed – an area roughly one and a half times the size of the US. Scientists have shown that ecosystems damaged by humans are more vulnerable to wildfires, which add to atmospheric carbon dioxide and cause excessive atmospheric heat to pass back to the ocean, releasing more water vapor and further increasing greenhouse gases.

Similarly, the increasing severity of devastating floods in recent years is not only linked to climate change but often also the result of forest and vegetation loss, land conversion, intensive land management and river straightening. Anthropogenic climate change is making extreme weather events more frequent and more severe, while human activity is also eroding the resilience of the environment to absorb these impacts.

Any narrow focus on something that is systemic is inherently problematic. Our planet’s multivarious ecosystems are deeply interconnected dynamic systems within which human activity is interwoven. We cannot silo our environmental challenges, nor our responses to them. Successful climate mitigation can be only achieved in the wider context of terrestrial and marine ecosystem health and social impact, measuring progress in lockstep with planetary health metrics and the sustainable development goals.

This is why it is beyond time to rethink our relationship with nature. Without a shift in how we value our natural environment and our relationship to it, we will always be trapped in a race against time to clean up after ourselves, treating only the symptoms of a dysfunctional relationship with our natural world, rather than the cause.

A revaluation of how humanity interacts with nature will bring the sea change we need. Protecting nature is too often falsely considered a trade-off against economic development, when the fact is that one helps the other: the collapse of ecosystem services would cost $2.7 trillion annually by 2030. The truth is that thriving, protected ecosystems are an exceptionally powerful development asset.

Not only is the protection of nature an absolute prerequisite for the success of climate action, but policies that preserve natural land could also increase global real GDP in 2030 in the order of trillions of dollars. This includes benefits through carbon sequestration, and through the multiple benefits that natural lands, waters and oceans provide.

The economic case for protecting nature by the World Bank found that restoring 350 million hectares of land could generate about $170 billion per year in net value by sequestering up to 1.7 gigatons of carbon dioxide equivalent annually and through watershed protection, improved crop yields and forest products.

As we race towards net zero, we must look with equal urgency at nature’s protection to ensure we decarbonize alongside progress towards ecological health and social stability on a superhighway of durable transition. Only change that accounts for humanity’s relationship with nature at a systemic level, its climate and its ecosystem health, will truly be a transition to thriving future on a liveable planet.

Midori Paxton is Director, Nature Hub, United Nations Development Programme

IPS UN Bureau

 


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