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Cambridge-based deep tech start-up Theia Insights raises $6.5M to bring foundational AI to the global investment community

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7 months ago

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Financing provides scope for further investment in technology development and commercial deployment across the US and Europe

CAMBRIDGE, England, March 6, 2024 /PRNewswire/ — Theia Insights, a UK based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr. Ye Tian, has raised $6.5M. In another example of US venture capital looking to the UK for the most innovative technology companies, the round was led by Silicon Valley’s Unusual Ventures, with participation from Fidelity International Strategic Ventures, and LA-based Clocktower Ventures, alongside a number of strategic angels.

Theia Insights’ products and solutions are built upon a foundation of academic and proprietary research and incorporate the latest developments in AI, machine learning, Natural Language Processing (NLP), Large Language Models (LLM), and technologies grounded in advanced financial mathematics.

Given the importance of understanding the economic landscape and the make-up of companies – what exists and “who does what and by how much,” investors rely on a number of foundational technologies to make decisions. The modern world moves faster and changes more frequently than ever before – the global economy is more dynamic, companies are increasingly active across many different verticals, and we are bombarded by information and data. In turn it is essential that tools and solutions keep up. Theia was founded to solve this problem and build future-proof foundational AI that adapts to the world we live in today.

Dr. Ye Tian, Founder and CEO of Theia Insights, said: “We live in the age of data overflow – everything from geopolitics to financial filings, to social media and news. It’s often overwhelming and easy to get lost in the noise. But good investment decisions require clarity, and that is where AI can play an unrivalled role – by lifting us from the valley to the mountain top, so we can choose the paths we want to take by seeing where every path leads and how they connect.”

With an academic background in Natural Language Processing (NLP) and AI, former research scientist at Amazon Alexa, Dr. Ye Tian has assembled a highly skilled team of experts from Nasdaq, Morgan Stanley, Meta, UC Berkeley’s Economics Department, Amazon Alexa, AWS and the University of Cambridge’s Computer Science Department. The company is named after “Theia” the Goddess of Sight, with the mission of synthesising and distilling vast amounts of information so investors can see clearly.

This financing round has afforded Theia the opportunity to attract industry-leading talent from conventional classification and risk management firms, as well as individuals at the very forefront of the rapid recent advancements in AI. This carefully managed expansion of the firm’s pool of exceptional human resources is being matched by ongoing investment in ambitious commercial projects and research initiatives.

Lars Albright, General Partner at Unusual Ventures, commented: “We believe that data infrastructure in the asset management sector will continue to go through substantial change and advancement through the adoption of AI. The shortcomings around legacy industry classification systems and the lack of dynamic insights on risk factors driving investment decisions is a pressing issue. After meeting and getting to know Theia, we were impressed with their bold vision, their technical ability and the team they have assembled to tackle this substantial problem.”

Fidelity International Strategic Ventures also supported Theia in the round. Principal Erik Mostenicky said: “Theia Insight’s team’s strong academic expertise in AI and natural language processing uniquely positions them to tackle many technically challenging problems affecting the investment industry, and we are excited to support them on this journey. Their products have already attracted significant interest from major industry players, and we believe they have the potential to redefine and revolutionise portfolio construction and risk monitoring processes in the future.”

Theia Insights serves a diverse range of corporate clients, such as asset and wealth managers, ETF issuers, Index providers, investment banks, fintechs and the broader financial services ecosystem. In partnership with some of the world’s largest and most well-known organisations in the space, Theia is developing three core technologies: dynamic industry classification, thematic risk model and portfolio analysis.

About Theia Insights

Theia Insights is a deep tech company based in Cambridge (UK), building foundational AI for the global investment community. We are a team of PhD scientists, engineers, mathematicians, and industry practitioners offering clients future-proof solutions in Industry Classification, Thematic Risk Model, and Portfolio Analytics. Named after the goddess of sight, Theia synthesises and distils vast amounts of financial information so investors can see more clearly. To learn more, visit www.theiainsights.com.

Logo: https://mma.prnewswire.com/media/2355104/Theia_Insights_Logo.jpg

Media enquiries:
press@theiainsights.com

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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks

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14 mins ago

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September 20, 2024

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CHENGDU, China, Sept. 20, 2024 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters.

Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry’s latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions.

The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: – 

EOLO-13T-5H-XMX    OSFP 1.6T DR8, 1×1.6TbE, 500m, MPO-16
EOLO-13T-5H-XDX    OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12
EOLO-13T-02-XMX    OSFP 1.6T DR8-2, 1×1.6TbE, 2km, MPO-16
EOLO-13T-02-XDX     OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12
EOLO-16T-02-XXX     OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC

Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. “We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. “Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work.”

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

China(HQ):   

No.510 Wulian Avenue, Chengdu 610200

USA:   

3191 Laurelview Court, Fremont, CA 94538

Thailand:   

390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110

E-mail:  

sales@eoptolink.com 

 

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SOURCE Eoptolink Technology Inc., Ltd.

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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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14 mins ago

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September 20, 2024

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.

With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.

Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.

By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.

As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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1 hour ago

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

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SOURCE State Grid Tulufan Electric Power Supply Company

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