Top AI Change-Makers Triggering Major Innovations in 2022
These AI companies are triggering major tech changes amid the tumultuous times in 2022
Artificial intelligence possesses the ability to rationalize and take actions that have the best chance of achieving a specific goal. The goals of artificial intelligence include computer-enhanced learning, reasoning, and perception. But despite its advantages, there are several critics who believe that advanced AI can have complex effects on society. Here, we have listed the top 10 change-makers that are transforming the AI industry in 2022.
Intellivision Technologies has been focusing on developing a vision processor that accelerates deep neural networks in visual recognition and search, in endpoints such as IP cameras and robots as well as in the cloud. Relying on the elite international technical team and the“full stack” AI tech platforms, the company develops products and solutions in various verticals, including public safety, smart business, intelligent supercomputing, AIoT, etc., which is widely applied in more than 80 cities like Beijing, Shanghai, Shenzhen, and Hangzhou, etc. around China and Southeast Asian countries.
Interos is the operational resilience company, reinventing how companies manage their supply chains and business relationships through our breakthrough Operational Resilience Cloud that uses artificial intelligence to model the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. Interos helps reduce risk, avoid disruptions, and achieve superior enterprise adaptability, while uncovering game-changing opportunities to radically change the way companies see, learn and profit from their relationships.
Iris Automation is a safety avionics technology company pioneering on and off-board perception systems and aviation policy services that enable customers to build scalable flight operations for commercial crewed and uncrewed aircraft. Iris’ Casia system runs either onboard the aircraft or in an aground-based configuration, allowing them to fly safely with minimal human intervention. The company works closely with civil aviation authorities globally as they implement regulatory frameworks ensuring uncrewed aircraft flight beyond visual line of sight (BVLOS) is conducted safely, partnering on multiple FAA UAS Integration Pilot Programs, NASA’s Unmanned Traffic Management program, and Transport Canada’s BVLOS Technology Demonstration Program.
Lightricks is a pioneer in innovative technologies that leads to breakthrough moments throughout the creation process. On a mission to push the limits of technology to reimagine the way creators express themselves, the company brings a unique blend of cutting-edge academic research and design to every user experience. The company received a whopping US$130 million in the Series D round, which also comprised US$100 million in primary funding and US$30 million in secondary funding.
Meero aims to revolutionize the world of photography by allowing photographers to dedicate themselves to their passion. From providing revenues and market research to invoicing, post-production, and delivery, Meero takes care of all the laborious, time-consuming tasks which plague the industry. Above all, the company aims to provide them with tools for file compatibility, CRM, marketing, and other daily needs. The company raised US$230 billion in June 2019, which pushed the valuation to US$1 billion, making it one of Europe’s fastest-growing companies of the decade.
MiningLamp is a fast-growing startup aiming to provide enterprises with big data solutions. It is committed to exploring the next generation of artificial intelligence technology in the industry with high knowledge and management complexity. The company helps clients to build their own knowledge graphs, then apply artificial intelligence to their business, and finally transform data into insights. Founded in 2014, MiningLamp secured CNY1.2 billion (US$169.3 million) in its first three rounds of funding and by 2018 had a valuation of over US$1 billion, making it an AI unicorn.
Moveworks is the AI platform that powers the best places to work. Its platform lets employees focus on what really matters by providing support in seconds while enabling leaders to prevent problems in advance. With Moveworks, companies like Hearst, DocuSign, and Broadcom make work magic. Founded in 2016, Moveworks has raised US$315 million in funding, at a valuation of US$2.1 billion. The company has been named on the Forbes AI 50 list for three consecutive years and recognized as the Best Chatbot Solution at the 2021 AI Breakthrough Awards.
For people who believe in eating healthier, making tasty food should be effortless. NotCo is a Foodtech company, that reinvents animal-based foods using only plants. Unlike traditional food businesses, our company uses technology to recreate the same products we love to eat in a natural, sustainable, and affordable way, keeping them functional, easy to use, and mouth-wateringly delicious.
Nuro’s custom electric autonomous vehicles are designed to bring the things you need from produce to prescriptions right to your home. Nuro’s autonomous delivery can give you valuable time back and more freedom to do what you love. This convenient, eco-friendly, safe alternative to driving can make streets safer and cities more livable. Nuro has brought autonomous delivery to local communities in Texas, Arizona, and California for less driving and more thriving.
Olive is the automation company creating the Internet of Healthcare. Addressing healthcare’s most burdensome issues with intelligent automation, Olive shines a bright light that drives connections between siloed technologies. She increases revenue, reduces costs, and improves efficiency for hospitals, health systems, and payers, so everyone can benefit from a healthier industry tomorrow. The company gained U$225.5 million in funding in 2020, which enabled it to become a unicorn. Tiger Global led the round and was joined by existing investors General Catalyst, Drive Capital, and Silicon Valley Bank along with new investors GV, Sequoia Capital Global Equities, Dragoneer Investment Group, and Transformation Capital Partners.
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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
At the time of writing, it ranks number 6 on CoinMarketCap, making it a cryptocurrency to buy now.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
For more on PrivaCrip (PRCR), check below:
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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