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Sun Life recognized for innovative employee GenAI chatbot with 2024 CIO Award

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Secure chatbot empowers employees to safely experiment with GenAIOver 5,000 employees using the tool per weekPropelled productivity and 229 per cent increase in use less than a year after launch

TORONTO, July 25, 2024 /CNW/ – Sun Life has been named a 2024 CIO Awards Canada winner for their Sun Life Asks GenAI chatbot. The CIO Awards Canada celebrate Canadian organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. The award recognizes the tech world’s most innovative organizations and accomplished leaders.

Sun Life Asks is an internal GenAI chatbot that enables employees to find quick answers and general assistance with daily tasks. Housed within Sun Life’s existing technology ecosystem, the tool performs tasks similar to chatbots available externally and can help with everything from summarization of text to organizing ideas for a presentation or even analyzing the purpose or sentiment of an article.

“GenAI is an important part of our digital transformation and we are committed to safely innovating and adopting emerging technology,” said Laura Money, Executive Vice-President, Chief Information and Technology Innovation Officer, Sun Life. “Our goal is to ensure that our employees have access to the benefits of a GenAI chatbot for work-related purposes, while keeping Client and company data safe. We’re honoured that CIO Awards Canada has recognized Sun Life Asks as one of the most innovative projects for 2024.” 

Sun Life Asks is helping employees develop skills for the future and in just eight short months since launch:

Employees report saving minutes to hours each day on regular tasks and are reinvesting that time into work they find most meaningful.The tool has generated over 400,000 queries in the first 8 months, with 10,000 queries daily – in fact, use has climbed 229 per cent between launch and now.Over 2500 employees have continued to upskill to better understand AI through CIFAR’s Destination AI course, embedding within our own internal training platform. The course covers machine learning, GenAI, big data and deep learning, as well as the role we all play in shaping this emerging technology as it continues to evolve.A new prompt training course also just launched internally to help employees learn strategies to write clearer prompts to generate better GenAI outputs. 

Sun Life is committed to digital leadership and to ensuring a focus on client impact by continuing to adopt and experiment with innovative technology. Our culture is rooted in safety and security which extends to our adoption of emerging technologies. Through technology like GenAI, Sun Life empowers its people to enhance their skills to propel our Purpose, to help clients achieve lifelong financial security and live healthier lives, forward.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2024, Sun Life had total assets under management of $1.47 trillion. For more information, please visit www.sunlife.com

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

About the CIO Awards Canada

The CIO Awards Canada celebrate Canadian organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. It is an acknowledged mark of enterprise excellence. Because the award is given to company projects rather than individuals, it is an honour that everyone on Canadian team can take pride in.

About IDC 

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world’s leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights. To learn more about IDC Canada, please visit www.idc.com/ca or follow us on Twitter at @idccanada and LinkedIn.

About CIO

CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT’s role in achieving business goals. CIO is published by Foundry (formerly IDG Communications, Inc.) Company information is available at http://www.foundryco.com

Note to editors: All figures in Canadian dollars

Media Relations Contact:     
Kelsey Rutherford
Director 
Corporate Communications 
T. 416-317-6249
kelsey.rutherford@sunlife.com

SOURCE Sun Life Financial Canada

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Thinkfree showcases AI-Driven future workplace at CES 2025

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LAS VEGAS and SEOUL, South Korea, Dec. 27, 2024 /PRNewswire/ — Thinkfree, a global software company in productivity tools and AI technology, will participate in CES 2025, taking place in Las Vegas from January 7 to January 10, 2025. During the event, Thinkfree will present its vision for the future workplace powered by AI technologies.

Thinkfree will present scenarios showcasing the potential of AI to revolutionize productivity in next-generation workspaces, including autonomous vehicles and smart offices. Visitors will explore how Thinkfree solutions enable efficient data access, accurate information discovery, key detail summarization, and streamlined collaboration in mobile or in-vehicle work environments.

Thinkfree’s suite of advanced solutions powers these transformative experiences, including Thinkfree Office Online – a web-based productivity suite, Refinder AI – an AI-powered enterprise search and assistant solution, Thinkfree Drive – an integrated cloud storage and office platform, and Thinkfree Intellect – a tailored knowledge management service designed for enterprises.

Deekay Kim, CEO of Thinkfree, stated, ” As the digital transformation of work environments progresses, Thinkfree is committed to harnessing our expertise in productivity tools and AI to drive efficiency in the future workplaces, such as autonomous vehicles and smart offices. CES 2025 will provide us with the perfect platform to highlight our innovations to the global market and encourage partnership that will help define the future of work.”

Visitors to Thinkfree’s booth in North Hall, Booth #8676, at the Las Vegas Convention Center can experience solutions such as Thinkfree Office Online and Refinder AI, with experts on hand to offer guidance on technology integration and partnership opportunities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinkfree-showcases-ai-driven-future-workplace-at-ces-2025-302339522.html

SOURCE THINKFREE

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ROMOSS to Unveil Next-Gen Power Solutions at CES 2025

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LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — ROMOSS, a global leader in 3C accessories, is set to unveil its latest innovations at CES 2025, marking another milestone in consumer energy solutions. During the event, the brand will introduce its new ultra-thin magnetic power bank and a fresh series of products for cycling use. Attendees are invited to experience the products at ROMOSS’s booth at the Las Vegas Convention Center, South Hall 2, Booth 35900.

ROMOSS has established itself as a prominent global brand, specializing in a wide range of charging products, including power banks, portable power stations, charging cables, and chargers. With a customer base exceeding 100 million worldwide, the brand is dedicated to creating stylish, highly functional, and market-driven charging solutions.

In addition to launching new products, ROMOSS will showcase a selection of its popular offerings at CES 2025. These include power banks from the MagCarry, MagAir, GoldenBox, and FlashPower series.

A standout product, the ROMOSS MagCarry 10000mAh 30W/15W Magnetic Power Bank, exemplifies the brand’s commitment to innovation. With a 10000mAh capacity, it features MagTrinity Tech for seamless compatibility with Apple devices, two-way 30W wired charging, and a built-in portable cable. Its 15N magnetic force ensures a secure connection, making it ideal for travel and on-the-go use.

Lightweight and easy to carry, The ROMOSS 5000mAh MagAir Power Bank features an ultra-slim 0.3-inch design, 14N magnetic force, and a fashionable metallic texture. It offers 20W and 15W charging options, combining style and functionality for on-the-go power needs.

The ROMOSS GoldenBox (Elite) Combo is a 5000mAh power bank with 20W and 15W magnetic charging. It includes a built-in card holder, 15N magnetic force, a foldable stand, and a premium metal texture, offering both style and functionality.

For those needing more power, the ROMOSS FlashPower series offers high-capacity options of 10,000mAh and 20,000mAh. With 130W max power, multi-protocol compatibility, a full-color LCD screen, and a durable anodized aluminum alloy shell, it is perfect for heavy-duty use and extended trips.

Beyond power banks, ROMOSS will also present an array of noteworthy products, such as the ROMOSS X1000 Portable Power Station, the brand’s first expandable portable power station. As part of the EXPLORE series, the X1000 is ideal for outdoor enthusiasts and professionals and can charge up to ten devices simultaneously, including laptops, smartphones, and drones. With a 1008Wh battery and 1000W inverter, it provides stable power for various scenarios. Expandable to 16kWh with a 4000W output, it meets household energy needs during outages.

These products reflect ROMOSS commitment to enhancing user experience and addressing the diverse needs of modern consumers. By focusing on functionality and design, we aim to redefine convenience in charging solutions.

ROMOSS aims to deeply engage with the style-conscious younger generation, offering premium products tailored to their preferences through meticulous market research. ROMOSS versatile products for camping, outdoor events, and everyday use are designed to stay trendy and attractive.

With a robust global marketing network and an annual shipment volume exceeding 50 million units, ROMOSS has established a strong presence in regions such as East Asia, Southeast Asia, and Southern Africa. The integration of online and offline channels has been instrumental in solidifying its position as a market leader.

To explore more on ROMOSS’s technological innovations, please visit its booth (LVCC, South Hall 2, Booth 35900) during CES 2025. For more information, please visit ROMOSS’s official website at ROMOSS CES, or follow the brand on social media:

Facebook: https://www.facebook.com/romosspage/
Instagram: https://www.instagram.com/romoss_global/
TikTok: https://www.tiktok.com/@romossus
YouTube: https://www.youtube.com/@RomossGlobal/videos

Media Contact
Sandra Lee, Sales Manager: sales@romoss.com
Janice Wong, Overseas Marketing, marketingteam@romoss.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/romoss-to-unveil-next-gen-power-solutions-at-ces-2025-302339048.html

SOURCE ROMOSS

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Inspira™ Announces Pricing of $3.2M Private Placement by New and Existing Investors of the Company

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RA’ANANA, Israel, Dec. 27, 2024 /PRNewswire/ — Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN), (NASDAQ: IINNW), (“Inspira Technologies,” “Inspira” or the “Company”), a groundbreaking respiratory support technology company, a pioneer in life-support technology, today announced the pricing of a private placement offering consisting of the issuance and sale of 4,608,715 ordinary shares, no par value per share (or pre-funded warrants in lieu thereof) and ordinary warrants to purchase up to 4,608,715 ordinary shares, at a combined purchase price of $0.70. The ordinary warrants have a term of eighteen months and have an exercise price of $1.10 per share.

 

 

The Company intends to use the net proceeds from the offering for working capital and general corporate purposes. The closing of the private placement is expected to occur on or about December 30, 2024, subject to the satisfaction of certain customary closing conditions.

Dawson James Securities is acting as the exclusive placement agent for the private placement.

The securities described above were offered pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D promulgated thereunder. The securities have not been registered under the Securities Act or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Inspira™ Technologies OXY B.H.N. Ltd.

Inspira Technologies is an innovative medical technology company in the life support and respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (INSPIRA™ ART), a groundbreaking device poised to revolutionize the $19 billion mechanical ventilation market. With 20 million intensive care unit patients with acute respiratory failure each year, many of whom rely on mechanical ventilators, the INSPIRA ART offers a potential alternative by elevating and stabilizing decreasing oxygen saturation levels in minutes without a ventilators, with patient being awake during treatment. The INSPIRA ART is being equipped with the HYLA™ blood sensor technology, a real-time continuous blood monitoring technology, aiming to alert physicians of changes in a patient’s condition without the need for intermittent actual blood samples, and potentially supporting physicians in making informed decisions.

The Company’s INSPIRA™ ART100 system has obtained FDA 510(k) clearance for use in Cardiopulmonary Bypass procedures, along with the Israeli AMAR certification for both Extra-Corporeal Membrane Oxygenation and Cardiopulmonary Bypass procedures.

The Company’s other products and technologies, including the INSPIRA ART also known as the INSPIRA™ ART500 or Gen 2, the INSPIRA™ Cardi-ART portable modular device, VORTX orbiting Oxygen Delivery System and HYLA™ blood sensor, are currently being designed and developed, and have not yet been tested or used in humans and have not been approved by any regulatory entity.

For more information, please visit our corporate website: https://inspira-technologies.com.

Forward-Looking Statements

This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the expected use of proceeds and the expected closing of the private placement. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website, www.sec.gov.

Contact:

For more information, contact:
Inspira Technologies – Media Relations
Email: info@inspirao2.com
Phone: +972-9-9664485

Logo – https://mma.prnewswire.com/media/1668495/Inspira_Technologies_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/inspira-announces-pricing-of-3-2m-private-placement-by-new-and-existing-investors-of-the-company-302339638.html

SOURCE Inspira Technologies

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