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GITEX GLOBAL puts 5G and AI at the forefront of discussions to connect and empower tomorrow’s world

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The one-day ‘Intelligent Connectivity’ conference was a key highlight with the future of 5G and autonomous vehicles explored at the at the world’s largest and best-rated tech event

DUBAI, UAE, Oct. 18, 2024 /PRNewswire/ — 5G emerged as a focal point at GITEX GLOBAL 2024, the world’s largest tech and startup event, with visitors getting a glimpse of the possibilities of the wireless technology with AI and its role to powering a hyperconnected future through groundbreaking innovations and insightful discussions.

The ‘Intelligent Connectivity’ event saw a combination of thought-provoking conversations and exhibitors displaying their powerful products and services that will revolutionise the world in the coming years. It comes at a time where GSMA projects a seismic shift in connectivity with 1.4 billion devices set to be linked with 5G by 2025, further fueling a USD $1.1 trillion IoT market within a USD $3.9 trillion mobile economy.

The expertly curated programme brought together some of the most influential voices from global enterprises and organisations including Khalid Murshed, Chief Technology & Information Officer at e&, Wang Hui, President, NCE Data Communication Domain at Huawei China and Thomas Lamanauskas, Deputy Secretary General at ITU Switzerland. They were also joined by Roque Lozano, SVP, Network Infrastructure MEA at Nokia, Kazuhiro Gomi, President and CEO of NTT Research and SG Chung, Chief AI Global Officer at SK Telecom.

Away from the stage, the showcase featured a diverse range of impressive technologies from leading exhibitors, Huawei, e&, Nokia, China Telecom, Ericsson, Cisco, and Beyon among them. These industry giants presented cutting-edge solutions, highlighting next-generation 5G applications with their participation underscoring GITEX GLOBAL’s role as a key platform for exploring the future of connectivity and digital transformation.

A glimpse into a 5G-advanced powered AI future

With 5G and AI on a verge to catalyse a paradigm shift in the telecommunications landscape, Khalid Murshed, Chief Technology & Information Officer of e&, one of the largest telecommunications operators in the Middle East and North Africa region, explained the transformative impact of network capabilities.

He said: “5G and 5G advanced serve as a platform for everyone to come in to innovate with applications that can drive demand for the network to be enhanced further and further.

We have to build a network with the capabilities and then fit in the AI applications and this is what we’re doing hand-in-hand. We’re not just building a network for the sake of technology leadership. It’s a bilateral game by all means and we are building them to enable new cases while today we have live networks and private 5G.”

Another leading global provider of information and communications technology (ICT) infrastructure and smart devices, Huawei, identifies several key technologies as the backbone of its solutions towards facilitating an intelligent future. 5G-Advanced (5G-A) remains vital to supporting rapid and low-latency communication – critical for building advanced applications, in addition to big, unified data, AI, and cloud computing.

AI and 5G fuelling the future of autonomous vehicles

The future of mobility and how autonomous vehicles can benefit from 5G was another highlight. Speaking in a panel, Siyuan Liu, Head of IoT Partnership & Strategy, Greater China, at China Unicom Global, said that the company is accelerating its efforts into the AI and vehicle connectivity industries with 5G playing a central role.

She highlighted that 5G is vital for the growth of autonomous vehicles, reshaping society and helping make accurate decisions – all of which can enhance the efficiency of transportation and safety.

Large Language Models (LLMs) are disrupting industries all over the world and the telecommunications sector is no different. Wang Hui, President of Huawei NCE Data Communication Domain, highlighted that AI applications are being leveraged extensively in China’s autonomous vehicles and in AI health services.

Unleashing powerful innovations – superpower agent and all-electric supercar

Thousands of visitors were introduced to the most disruptive products and services powered by 5G in the most anticipated exhibition which attracted the leading tech enterprises and solution providers in telecoms, networks, and infrastructure. Attendees were not short of innovation options with game-changing partnerships and launches unveiled during the event.

e& announced a collaboration with Vodafone Business IoT to use the company’s Global SIM+ eSIM solution to provide in-vehicle connectivity and enhanced digital services for Mercedes-Benz AG drivers in the UAE. The service will be commercially available in the first half of 2025.

The company also displayed the Nissan Hyper-Force, an all-electric high-performance supercar, connected through e& UAE 5G SIM cards delivering the ultimate in-driving experience, and launched their new human-digital advisors, combining hologram technology and AI to cater to the diverse cultural nuances of Telecom customers in the UAE.

At Avaya’s stand, visitors saw how the company is creating superpower agents, powered by AI, showcasing new capabilities which can assist individuals to make scalable decisions that help businesses grow.

GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events with GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX Nigeria, all part of its portfolio. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

More information on GITEX GLOBAL, please visit www.gitex.com

Follow GITEX GLOBAL on social media: Facebook  | Instagram  | X  | LinkedIn  | Youtube

Hashtag: #GITEXGLOBAL

About GITEX GLOBAL

GITEX GLOBAL, the world’s largest tech event, is returning for its 44th edition at Dubai World Trade Centre from 14-18 October 2024. The 2024 edition will feature 6,500 exhibitors, and welcome 200,000 tech executives from 180 countries, converging the best minds, future-focused government leaders, and the most visionary enterprises and start-ups to scrutinise, challenge, define, and empower the digital agendas of the world. Independently rated globally as the world’s best tech show, GITEX GLOBAL’s continued expansion is amplified by the launch of GITEX EUROPE Berlin, GITEX ASIA Singapore, and GITEX NIGERIA in 2025, as well as the growth of GITEX AFRICA Morocco leading up to its third record-breaking edition. More information: www.gitex.com

About Dubai World Trade Centre

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region’s leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai.

Photo: https://mma.prnewswire.com/media/2534461/Conference_GITEX.jpg

 

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CHAI Advances Assurance Lab Certification and ‘Nutrition Label’ for Health AI

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LAS VEGAS, Oct. 18, 2024 /PRNewswire/ — Today the Coalition for Health AI (CHAI) advanced draft frameworks for how it will certify independent Assurance Labs and help to standardize the output of these labs that test Health AI models through CHAI Model Cards —  a kind of ingredient and nutrition label. The CHAI certification process and model card design are expected to be available by the end of April 2025, following a process of review and feedback by CHAI members, partners, and the public. 

“This has been a pivotal year for CHAI on our journey to help enable trusted independent assurance of AI solutions with local monitoring and validation. We are thrilled with the progress of our CHAI workgroups who represent a diversity of perspectives and expertise across the health ecosystem,” said Brian Anderson, MD, CEO of CHAI. “These frameworks for certification and basic transparency are building blocks of responsible health AI. They will help to streamline the path for AI innovation, build trust with patients and clinicians, and position health systems and solution innovators ahead of emerging state and federal regulations.”

CHAI certification of independent quality assurance labs

The draft CHAI certification program framework was created with the ANSI National Accreditation Board and several emerging quality assurance labs using ISO 17025, the predominant standard for testing and calibration laboratories worldwide. Among the requirements are mandatory disclosure of conflicts of interest between assurance labs and model developers, and the protection of data and intellectual property. This standard was also used by the Office of the National Coordinator for Health Information Technology (ONC) for the Electronic Health Record (EHR) certification program. Additionally, the certification program integrates data quality and integrity requirements derived from FDA’s draft guidance on the use of high-quality real-world data, CHAI testing and evaluation metrics sourced from the various working groups, and alignment with the National Academy of Medicine’s AI Code of Conduct.

“As a 35-year MedTech industry veteran, I have experienced years of frustration at the gaps in product development and governance practices between health delivery organizations and MedTech companies,” said Eric Henry, Senior Quality Systems and Compliance Advisor in the FDA and Life Sciences practice of King & Spalding. “I am encouraged by CHAI’s commitment to map its quality assurance laboratory guidelines to internationally recognized consensus medical device and healthcare standards. This effort will lead to a more harmonized view of what ‘good’ looks like in the evaluation of AI-enabled health technology across these two critical players in the healthcare ecosystem.”

CHAI Model Card, a Health AI “Nutrition Label”

The draft CHAI Model Card presents a standard template to provide a degree of transparency with key information to support the evaluation of AI solution performance and safety. The Model Card includes the identity of the developer, intended uses, targeted patient populations, AI model type, data types, key performance metrics, security and compliance accreditations, maintenance requirements, known risks and out-of-scope uses, known bias, and ethical considerations and third party information (e.g. relevant clinical studies). 

The Model Card was designed by a workgroup representing a range of stakeholders including regional health systems, EHR solution vendors, medical device makers, and health AI leaders and startups.

It was designed as a starting point for those reviewing AI models during the procurement process and for electronic health records (EHR) vendors who need to comply with the ONC Health IT Certification Program (HTI-1). CHAI completed an assessment of all of the HTI-1 requirements and gathered consensus recommendations from clinicians, health system organizational data custodians, and developers about what additional information should be included beyond the existing regulatory requirements.

“AI’s rapid advancement in healthcare is not just an opportunity — it’s a call to action. We must transform principles into tangible steps that can foster trust and accountability. A common, user-friendly applied model card can help serve as a powerful tool for clinicians, health systems, and patients alike,” said Christine Swisher PhD, VP Health Data Intelligence at Oracle Health and leader of the CHAI Model Card Workgroup.

“The rapid evolution of AI in healthcare has created a landscape that can feel unregulated and fragmented. CHAI’s efforts to introduce a standardized model card represent a crucial step toward ensuring transparency, safety, and trust in AI-driven clinical applications,” said Demetri Giannikopoulous, Chief Transformation Officer, Aidoc and CHAI applied model card workgroup member. “By establishing a common framework that aligns with federal regulations, we are moving beyond theoretical discussions and building the foundation for scalable, reliable, and ethical AI solutions that can be adopted across the healthcare ecosystem. This initiative ensures that every AI solution can be rigorously evaluated, delivering real value to clinicians, patients and healthcare organizations alike.”

The initial drafts of the certification program and model cards will be presented at the CHAI Global Summit at HLTH 2024.  CHAI will proactively engage stakeholders from across the healthcare ecosystem including patient advocates, under-resourced local health systems, and startups for additional feedback. To provide feedback, please use this assurance lab form and model card form.

About CHAI

The CHAI (Coalition for Health AI) mission is to be the trusted source of guidelines for Responsible AI in Health that serves all. It aims to ensure high-quality care, foster trust among users, and meet the growing healthcare needs. As a coalition bringing together leaders and experts representing health systems, startups, government and patient advocates, CHAI has established diverse working groups focusing on privacy and security, fairness, transparency, usefulness, and safety of AI algorithms.

Press Contact:
Andrea Heuer
andrea@12080group.com
(917) 914-5563

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The Plug Drink Celebrates 5th Year Anniversary and Unveils Revamped Website

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LOS ANGELES, Oct. 18, 2024 /PRNewswire/ — The Plug Drink (“The Plug”), the leading plant-based recovery supplement brand focusing on liver health, is proud to announce the release of its new and improved website on its fifth year anniversary as a Company. The enhanced website has been months in the making, and it has finally made its debut alongside the public release of the Company’s 2018 clinical study on its namesake formula: The Plug Blend.

Revamped Science-Focused Website:

The Plug’s new website launched today with an improved appearance focusing on its blend of South Korean herbs and modern science. The website is now more science-based with a newer focus on The Plug’s ingredients and how they benefit liver health through scientific references from the medical community. Additional enhanced aspects of the site include:

The first public appearance of the Company’s 2018 clinical study, showcasing that The Plug decreases AST and ALT enzymes, LDL and total cholesterol numbers, and BAC levels200+ medical professional (doctors, nurse practitioners, and physician associates) recommendations, who are actively sharing and endorsing the brand’s products, from their partnership with Frontrow HealthHSA/FSA payments are now accepted and allow customers to save money and support their liver health on a consistent basis, from their partnership with Sika HealthScientific articles and journals from the medical community on the 13 plant-based ingredients from the The Plug’s proprietary formula, The Plug Blend (10.83g)Improved rewards program, where long-term customers can receive store credit for future purchases, along with be the first to hear updates, get first access to new launches such as the brand’s upcoming 30-day liver health guide, and contribute to product lines via direct feedbackBrand ambassador affiliate program, where customers and creators can earn commission on all referrals and enjoy exclusive access to future launches and promosLaunch of The Plug Combo, a power duo pack for those wanting both The Plug Drink and The Plug Pills for maximized liver supportCarbon-neutral shipping for climate-conscious individuals looking for more sustainable options, from the brand’s partnership with Shopify Planet

Customers will have more to see on the brand new website in the future, including weekly educational blogs on health and wellness along with the brand’s About Us page, which would highlight the Company’s five year journey. “I’m proud of all the progress that we’ve made within five years, not to mention our team for all the hard work they’ve put in to help make The Plug a reality and a success,” said Ray Kim, Co-Founder and CEO. “It’s hard for a startup to make it to five years, and we’re grateful for all the support we’ve gathered from our family, team, and customers. We look forward to continue building with our PlugFAM,” said Justin Kim, Co-Founder and COO.

Visit The Plug’s Revamped Science-Focused Website

Expansion into TikTok Shop:

In just three months, The Plug has extended into new reaches of their customer base by joining TikTok Shop earlier this year. The Company has already gained TikTok Star Shop badge status as well as 500+ affiliates. Currently, there are around 4,000+ creators on TikTok who have The Plug products in their shop. To further expand and optimize their brand ambassador affiliate program, The Plug partnered with Social Snowball to reach an even wider audience with 750+ affiliates currently on board. The Plug recently joined Pinterest as well, after a growing demand from their customer base.

2024 Inc. 5000 Achievements & Recognition:

The Plug ranked No.147 on the 2024 Inc. 5000, the most prestigious annual list of the fastest-growing and emerging private companies in America. Among these accolades, Inc. also recognized The Plug as No.25 in California, No.11 in Los Angeles, and No.6 in Food & Beverage, boasting a 2,380% revenue growth over the last three years. Previously in March, The Plug ranked No.6 on the annual Inc. 5000 Regionals: Pacific list with a growth of 2,060%.

The Plug 5.0 Formula, Superfruit Taste, & New Certifications:

In February, the brand revamped The Plug Drink’s formula for the fifth time, showcasing their dedication to innovation and consumer feedback. With this upgraded formula, the beverage features a higher herbal concentration of 10.83g and an improved taste profile that features apple, lemon, and ginger for a scent-free experience. The Plug also obtained long-awaited certifications: Non-GMO Project Verified, Gluten-Free, Kosher, and Plant-Based.

Future Plans:

2024 has been a busy year for The Plug, but they have no plans on slowing down. By the end of the year, they are aiming to release both 30-day and 60-day supplies of The Plug Pills in bottle form for those wanting to extend their daily liver support needs. “We had been thinking about creating The Plug Pills into a larger, more traditional format for quite a while now,” said Ray Kim. “We’re glad to take the leap into a different realm of innovation, and it makes us even more excited for what else is ahead of us, such as The Plug Blend in powder form. We hope that having a diverse range of product lines will bring more attention to not only our brand but to the importance of liver health.” With statistics of fatty liver disease on the rise (currently affecting 1-in-3 Americans), The Plug is determined to keep evolving and experimenting with different forms of ingestion in order for everyone to take care of their liver health in a simple and easy way. “We’re also in the midst of building our scientific advisory board and receiving expert guidance from our very own in-house scientists, doctors, nutritionists, and dieticians to further support our customers’ health journeys,” said Justin Kim. With new expansions and milestones achieved, The Plug is swiftly becoming a top advocate for liver health in the wellness industry as they forge ahead after their goal of becoming a household name.

About The Plug

The Plug, the leading all-natural liver health supplement brand, was founded in 2019 by brother-duo Ray and Justin Kim. After viewing South Korea’s advancement in the recovery industry and seeing the rise of Fatty Liver Disease (which currently affects 1-in-3 Americans), the brothers were determined to create a staple product for the American market. Enter The Plug Drink. The plant-based drink grew steadily in popularity with a heavy online presence and ultimately spread into retailers across California. With the introduction of The Plug Pills in 2023, Plug products have expanded into the retail channels of major American cities with the help of partnerships such as KeHe Distributors. The brand continues to grow and extend its reach, fulfilling its mission of educating consumers on the importance of liver health.

Press Contact:
Justin Kim
info@theplugdrink.com

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MyFO Raises $3.5M in Seed Funding to Transform Family Office Management

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The omnipresent platform redefines how the $5.9T industry operates and manage stakeholders

VANCOUVER, BC, Oct. 18, 2024 /PRNewswire/ — MyFO, the fastest growing platform for family offices and the wealth management professionals who service them, has announced the successful closing of its oversubscribed $3.5M Seed funding round, led by Rhino Ventures. The platform simplifies and organizes financial lives by creating a comprehensive family office platform that consolidates data, documents, and stakeholder management. The new injection of funds will be used to scale its operations to meet growing demand, enhance its product offerings, and expand its team.

The family office industry is growing at a substantial pace – according to recent reports, the number of family offices worldwide has surpassed 7,000, managing assets in excess of $5.9 trillion, with North America leading with over 1,682 family offices identified in the last year and yet it faces challenges due to outdated systems and fragmented technology. Predicted to generate revenues exceeding $54.7 billion by 2032, the demand for more efficient, integrated solutions is clear. However, traditional methods often result in high cost and inefficiencies, with annual expenses reaching up to $1 million.

MyFO is addressing these issues with a platform that’s designed to be extremely secure and user friendly. While many tech companies are joining the AI-hype, MyFO remains focused on its goal of thoughtful innovation. Although the platform uses the advanced technology for tasks such as data ingestion, its primary goal is to deliver a secure and intuitive solution tailored to the unique needs of family offices, particularly those with heightened concerns about privacy and data security.

“Our mission is to transform how family offices operate by providing them a platform that balances cutting-edge technology with a deep understanding of our clients’ needs,” said Simrang Kang, CEO and Co-Founder of MyFO. “We’ve seen firsthand the challenges faced by family offices using outdated systems, and our goal is to streamline their operations while ensuring their data remains secure as it is paramount to them.”

MyFO is the first tool to offer an omnipresent, end-to-end platform that integrates all aspects of family office management into one dashboard – designed to be both comprehensive and user-friendly. MyFO’s core features include an intuitive user interface, state-of-the-art analytics, scenario modeling tools, and benchmarking capabilities designed to support strategic decision-making. 

“MyFO is redefining how family offices manage their most cumbersome tasks by providing a streamlined, efficient solution. With only 16% of family offices currently using a data aggregation tool, there is a clear gap in the market, highlighting both a lack of adequate solutions and significant dissatisfaction with existing options,” said Jay Rhind, Partner at Rhino Ventures. “In such a niche and specialized category, the experience and vision of the founding team are paramount. Jon and Simran bring invaluable insights from their deep experience in the family office industry, which positions them uniquely to build the control hub for family offices. As they continue to innovate and expand the platform, we believe MyFO is poised to become the go-to solution, offering an evolving suite of services that will unlock new opportunities for families, wealth managers, and investors alike.”

Traditional client onboarding can take up to 18 months, but with MyFO, it can be completed in just a few hours. The platform seamlessly integrates real-time data from over 20,000 sources—including banks, brokerages, and private equity. MyFO provides a holistic view of a client’s assets and enhances wealth management professionals’ ability to track assets, manage documents, and offer advice.

About MyFO

MyFO is the fastest growing platform for family offices and the wealth management professionals that service them. The omnipresent, end-to-end platform is integrated with over 20,000 financial institutions across North America. MyFO redefines wealth management with its precise and efficient tools that makes asset oversight easier and improves decision-making for discerning individuals. MyFO was co-founded by Simran Kang and Jon Ricci, industry veterans committed to transforming complex financial processes into effortless interactions. For more information on MyFO, please visit https://www.myfo.tech/.

Media Contact:
Liang Zhao
Vansary for MyFO
LZ@vansary.com
505-720-6933

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