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IBM Enters Esports Arena with Activision Blizzard in New Multi-Year Deal as the Presenting Partner of the Overwatch League Grand Finals

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IBM Enters Esports Arena with Activision Blizzard in New Multi-Year Deal as the Presenting Partner of the Overwatch League Grand Finals

IBM to help power interactive and analytical content for the Overwatch League, engaging fans and players through cloud, IBM’s Watson artificial intelligence, and machine learning

Today, IBM and the Overwatch League™, the world’s first global esports league with 20 city-based teams, announced its first-of-a-kind multi-year deal to bring IBM’s cloud computing and artificial intelligence (AI) technology to esports. A sponsorship component kicks off at this year’s 2020 Overwatch League Grand Finals, which started Oct. 8 and run through Oct. 10. With the agreement – IBM’s first-ever esports deal – the technology leader becomes the official AI, cloud, and analytics sponsor of the Overwatch League. The deal covers the 2020 Grand Finals and the entirety of the 2021 and 2022 Overwatch League seasons.

Through the course of the deal, IBM and the Overwatch League plan to leverage IBM’s suite of advanced cloud and AI products. Starting in 2021, IBM and the Overwatch League will be working closely to develop technology solutions leveraging IBM’s expertise in natural language processing and machine learning to improve the league’s rankings system, and utilize IBM’s Watson AI capabilities to create live and in-broadcast predictive analysis, with specific solutions currently under development.

“We’re constantly striving to give fans the ability to more meaningfully engage with the Overwatch League, and teaming up with IBM enables us to do just that,” said Brandon Snow, Chief Revenue Officer of Activision Blizzard Esports. “IBM’s cutting-edge AI and machine learning, underpinned by cloud technologies, will help enable us to bring interactive and innovative engagement opportunities to our fans and teams. This is a fantastic benefit to our viewers, and we’re very excited to be announcing it during the biggest event of our season.”

“We’re thrilled to bring our world class Cloud platforms and Watson portfolio to one of the leading esports platforms in the world,” said Noah Syken, Vice President of Sports & Entertainment Partnerships, IBM. “The solutions we’re partnering to create can help the organizations, players, and fans enjoy an even more immersive, engaging experience. We look forward to working with the Overwatch League, to bring innovative solutions at scale, to broad and relevant audiences.”

The sponsorship with the Overwatch League will kick off in 2021 and include new solutions, that plan to be hosted on the IBM Cloud. Those solutions, which are currently under development, will leverage IBM’s suite of analytics tools to process in-match data, adding Watson’s AI capabilities through the use of Watson Machine Learning and the AutoAI functionality within Watson Studio. Additionally, the solutions will find new ways to showcase the wide array of historical statistics that the Overwatch League gets from live play.

The announcement of IBM and the Overwatch League teaming together is IBM’s first foray into the global world of esports and joins an impressive list of sports and entertainment partnerships that IBM technology powers around the world. IBM has been a part of gaming history as a hardware manufacturer, chip creator, and software provider for developers since 1985. Over the past 35 years, IBM has worked with gaming and esports entities through PowerPC processors, NLP, and cloud technology.

IBM has been a long-time partner to a range of sports organizations, teams, and events, including tennis (US Open and Wimbledon), golf (The Masters), football (via ESPN Fantasy Football), and the GRAMMY Awards. Through IBM’s partnerships, including IBM’s new engagement with the Overwatch League, IBM is able to reimagine sports, and entertainment experiences for fans, players and coaches alike, leveraging the flexibility of the hybrid cloud, and other AI-powered solutions.

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5G Promotes the Upgrading of Traditional Industries and New Smart Digital Life – Science and Technology Daily

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5G Promotes the Upgrading of Traditional Industries and New Smart Digital Life – Science and Technology Daily

A report from Science and Technology Daily | IUSTC:

On the morning of November 25, “5G and Media Industry Change and Transformation Forum” of 2020 World 5G Convention was held in Guangzhou.

The Chief Official of Science and Technology Daily, pointed out in his opening remark that media should be the “pioneer” in the 5G era, accelerate the application of 5G technology in the media sector and create a good public opinion for the application of 5G technology. Media also need to use objective and rigorous works to transmit scientific and rational points of view to the broad audience while adopting a gentle way of storytelling. In addition, he also introduced Science and Technology Daily’s goal of “One Database, Two Wings and Three Platforms” and using new technologies such as 5G to promote the in-depth integrated development of media.

Li Xudong, Deputy Director of the Department of Science and Technology of Guangdong Province, pointed out that Guangdong province has been actively promoting the development of 5G industrial application. When the 5G era begins and gradually penetrates into all aspects and details of social life, we have every reason to believe that it will bring new changes to the media industry. Li said that this forum will surely provide tremendous impetus for promoting the integrated development of media all over China and accelerating the construction of new mainstream media.

Speaking of how to speed up in-depth media integration, Fang Zhenghui, Deputy Director of China Foreign Languages Publishing Administration, said there are three key points to be emphasized: First, we need to embrace new technologies with a more open attitude; Second, we need to keep track of new technologies with a sharper perspective; Third, we also need to apply new technologies with a more inclusive mind.

In the keynote speech section, elites from well-known media, technology enterprises, academic field and industry at home and abroad conducted in-depth academic discussions or delivered keynote speeches on the application and development of the new round of 5G construction in media.

The guests discussed a series of topics facing the future scientific research status: the contribution of 5G technology international cooperation to the development of human society; the prospect and challenges of 5G technology application in the media sector. Some guests also mentioned that we should promote the development of new media industry chains and the development of new media based on the combination of 5G with AI, VR, blockchain and other technologies.

All guests exchanged views on promoting the application of 5G technology among media from home and abroad and make constructive advice on facilitating global promotion of 5G technology.

They agreed that 5G will provide key technical support for the construction of an intelligent media communication system with all things being a media, human-computer symbiosis, and self-evolution. Its disruptive innovations in the media industry have initially appeared.

Fang Hanting,Vice President of Science and Technology Daily, hosted the meeting.

He Concluded that in the 5G era, especially in the digital economy era, the media is the vane of society. From data-driven, intelligent connection, media think tank to scene-based immersion, pan-centralization, and then to ecological media, we can initially observe the subversive innovation of 5G technology in many aspects of the media industry. For example, with the deepening of data drive, the logical analysis behind the data will become a new field of data news, and some think tank, data, and expert data news producers will gradually become “event terminator.”

Looking to the future, 5G technology will surely lead to changes in the media industry. 5G technology has brought about the trend that everything is a media. If each media wants to meet the requirements of the harmonious coexistence of multiple communication subjects (people and smart devices) in the new system, an ecological system must be constructed. This ecological system only has the chance to survive and develop in the 5G era when it meets the requirements of full media, holographic media, full media and full effect media.

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Zoomlion Wows at bauma China 2020 Exhibition with Launch of Next-Gen Intelligent Construction Machinery Securing Over $US3 Billion in Orders

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Zoomlion Wows at bauma China 2020 Exhibition with Launch of Next-Gen Intelligent Construction Machinery Securing Over $US3 Billion in Orders

Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) has presented its largest outdoor exhibition at bauma China 2020 in Shanghai and launched multiple high-end intelligent products during the three-day international trade fair.

Zoomlion is exhibiting over 50 sets of construction equipment products from nine product lines at bauma China 2020. Through new product releases and online livestreaming events to interact with global customers, Zoomlion has signed orders totaling CNY20 billion ($US3.04 billion) at bauma China as of 26 November.

“The exhibition highlights Zoomlion’s high-end 4.0 generation products and innovative achievements that represent a qualitative leap of intelligence,” said Mr. Guo Xuehong, Vice President of Zoomlion.

Taking the lead in the industry with high-end, innovative intelligent products

Zoomlion’s exhibition at bauma China 2020 offered a glimpse into the future of construction machinery with a demonstration of intelligent hoisting minus the operation cab but with a 5G remote control experience center giving the “intelligence” part of the equipment the ability to touch, sense and see.

The ZTC-250NEV is the world’s first electric truck crane which has integrated machine vision, artificial intelligence and 5G communication, it’s a cab-less crane but with “eyes and a brain” to complete smart hoisting tasks with the push of a button.

The ZCC18000 crawler crane has the highest tonnage at the trade fair, boasting great hoisting capacity that makes it a perfect model for wind power hoisting on land and at sea. It’s equipped with Zoomlion’s self-developed no-landing overloading counterweight technology that reduces the area of operation by 60% and delivers industry-leading lifting performance.

Zoomlion also released the ZT68J, a self-propelled straight-arm aerial work platform that sets a world record of 67.5 meters in height, while guaranteeing better performance in off-road operation and intelligent control.

The company’s dry-mix mortar equipment has adopted the patented ultra-high-precision automatic powder metering system Powerdos. The intelligent functions such as hollow boom technology, carbon fiber concrete pipe and man-machine voice interaction and a tower crane ETI smart control system were widely acclaimed by visitors to the fair and global livestreaming audiences alike.

As the global market recovers from the impacts of COVID-19, Zoomlion is persisting with innovative research and development and looks forward to creating and sharing with all partners. The exhibitor hosted a 24-hour livestream in Chinese and English allowing global customers to participate in bauma China 2020.

“Zoomlion has never changed its vision to share the industry’s achievements and co-build the industry’s ecosphere. We are expecting to shape an intelligent and ultimate future in the principles of extensive consultation, joint contribution and shared benefits,” said Mr. Guo.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services. The company now sells more than 600 cutting-edge products from 56 product lines covering ten significant categories.

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Adagio Medical Raises $42.5 Million In Series E Financing

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Adagio Medical Raises .5 Million In Series E Financing

LAGUNA HILLS, Calif., Nov. 12, 2020 — Adagio Medical, Inc., a leading innovator for the treatment of atrial fibrillation (AF) and ventricular tachycardia (VT), and developer of the intelligent Continuous Lesion Ablation System (iCLAS™), today announced that it has closed a $42.5 million Series E equity financing.  Proceeds from the financing will be used to support the ongoing iCLAS™ Investigational Device Exemption (IDE) trial, accelerate the European VT CE-Mark trial, advance the commercialization of the iCLAS system in CE-Mark countries, and continue the development and clinical validation of Adagio’s pulsed field cryoablation (PFCA) technology.

The Series E equity financing included new investors ArrowMark Partners, RA Capital Management and Perceptive Advisors, who joined existing investors including JMR Capital and Fjord Ventures.  Tuan Huynh of ArrowMark and Zach Scheiner, PhD of RA Capital Management have been appointed to the Adagio Board of Directors.

“We are excited to have this world-class syndicate be a part of transforming the treatment of cardiac arrhythmias, and we are pleased to welcome Tuan and Zach to the Board of Directors,” said Olav Bergheim, President and CEO of Adagio.

“Cardiac ablation is a large and growing market that faces significant challenges including disappointing clinical outcomes, long procedure times and unsatisfactory profitability for providers,” said Tuan Huynh. “We believe Adagio represents a unique opportunity to transform ablation therapy and look forward to partnering with Adagio’s management team to support the company’s growth and commitment to addressing challenges faced by physicians and their patients.”

“The Adagio iCLAS technology has shown the potential to become the best-in-class cardiac ablation system and improve outcomes for the most difficult to treat AF patients,” said Zach Scheiner, PhD. “In addition to ultra-low temperature cryoablation, Adagio can deliver pulsed field ablation in the same catheter (PFCA) which offers advantages over either modality alone. We are excited to join like-minded partners to support the company as it strives to bring this novel technology to market.”

About ArrowMark Partners

ArrowMark, located in Denver, Colorado, is an employee-owned asset manager with specialized expertise in alternative credit and growth equity asset classes. They use their size, experience, and fundamental research process to identify asymmetric risk-reward investment opportunities in highly specialized and niche areas of the capital markets.

About RA Capital Management

RA Capital Management, located in Boston, Massachusetts, is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare and life science companies developing drugs, medical devices and diagnostics.

About Perceptive Advisors

Preceptive Advisors, located in New York, New York, focuses on supporting progress in the life sciences industry by identifying opportunities and directing financial resources toward the most promising technologies in modern healthcare.

About Adagio Medical

Adagio Medical, Inc. (www.adagiomedical.com) is a privately held company located in Laguna Hills, California developing innovative cryoablation technologies that create continuous, linear, transmural lesions to treat cardiac arrhythmias, including paroxysmal and persistent atrial fibrillation, atrial flutter, and ventricular tachycardia. Adagio Medical, Inc. is a Fjord Ventures portfolio company.

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Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/adagio-medical-raises-42-5-million-in-series-e-financing-301172482.html

SOURCE Adagio Medical, Inc.

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