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GITEX GLOBAL 2024 sets the blueprint for the future of mobility, showcasing AI and autonomous solutions

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A plethora of transformative urban mobility innovations were showcased at GITEX GLOBAL 2024, with a spotlight on autonomous vehicles, eVTOLs, robotic solutions, and next-gen charging systems

DUBAI, UAE, Oct. 19, 2024 /PRNewswire/ — Future mobility was a major topic of discussion, at GITEX GLOBAL 2024, the world’s largest tech and startup event, as global tech leaders and government entities displayed pioneering innovations that sparked optimism for the next frontier of urban mobility.

With 75% of automakers planning to boost AI investments in 2024 and the automation industry shifting from traditional original equipment manufacturers (OEMs) to AI-enabled electronics, tens of thousands of visitors, speakers, and exhibitors gathered to explore evolving strategies for the global auto-tech industry, while addressing the challenges of electric vertical take-off and landing (eVTOL) aircrafts and urban air mobility (UAM) ecosystems.

In line with the theme “Global Collaboration to Forge a Future AI Economy,” GITEX GLOBAL transformed into a futuristic mobility hub, where global innovators unveiled groundbreaking solutions that offered a glimpse into the future of travel and mobility services, showcasing how these advancements will reshape the way we move.

RTA Introduces Next-Gen Payment Systems Set to Transform User Experiences 

Among the standout showcases, the Roads and Transport Authority (RTA), in line with its broader goal of creating a connected and efficient city, unveiled various initiatives, including a novel technology for its “nol card” services.

Blending applied AI with sustainability goals to encourage greater use of public transportation and reduce reliance on private cars, the entity aims to transition from card-based ticketing to a more innovative, palm-based payment system by 2026.

Commenting on plans for the new technology, Salahaldeen AlMarzooqi, Director of Automated Collection System (ACS) at RTA, said: “As part of the RTA AI strategy, we are introducing one of our most important initiatives, which is the pay-by-palm system. After additional rounds of testing to ensure the technology meets our high-quality standards, it will be rolled out to the market, allowing customers to register their palm and link it directly to their nol account. Then, they simply need to wave their hand to travel by the metro or tram.”

He added: “nol is currently accepted as a payment solution for some retailers and merchants, such as petrol stations, grocery stores, and taxis. As part of our long-term roll out plan, we are working with them to introduce the pay-by-palm system to ensure a seamless customer journey, foster a cashless payment culture, and encourage people to shift from a car-oriented lifestyle to using public transportation.”

All eyes are on flying vehicles and eco-friendly concept cars

With the autonomous vehicle market set to hit $13.6 trillion by 2030, the e& pavilion presented game-changing innovations, spotlighting its global collaborations with top auto tech companies from across the globe.

One of the innovations that attracted huge crowds was the Airscooter by Zapata, an advanced personal flying machine, setting new standards in personal aviation, allowing anyone to become a pilot. Equipped with a patented hybrid-electric propulsion system, the machine can reach a top speed of 63 mph and features a compact design, making it suitable for urban environments, and its sustainable fuel usage aligns with the global push for eco-friendly transportation solutions.   

Another innovation that captivated visitors was Quintessenza, an eco-friendly concept car from Turin-based auto manufacturer, Italdesign. The car features pioneering technical components, incorporating sustainable materials such as from Nike shoes, cotton textiles, and recycled water bottles.

Parkie, the world’s first autonomous driving-based parking robot (AMR), was another remarkable innovation on display at the e& pavilion at GITEX GLOBAL. It is set to revolutionize parking lots by leveraging parent company, HL Mando’s, top-of-the-line autonomous driving technology and decades of vehicle manufacturing expertise to increase up to 30% of available parking space by minimising parking time and reducing the inconvenience caused by inadequate driving skills.

Conversations turn to electric vehicles and the emergence of the low altitude economy

As the low-altitude economy continues to gain momentum, China is at the forefront of eVTOL innovation. Companies are actively developing technologies that promise to revolutionize urban transportation, making flying vehicles more accessible and efficient.

Leading the charge in this sector, Xpeng Aeroht also showcased a working prototype of its modular flying car, the “Land Aircraft Carrier.” Designed to resemble a conventional sports car, the flying car runs solely on electricity and can vertically ascend to altitudes of up to 1,000 meters. With hidden propellers that unfold when it’s time to take a flight, the prototype would be available for sale in 2030.

Tan Wang, Co-founder, Vice-President, and Chief Designer, Xpeng Aeroht, shared insights into the three critical challenges in bringing the revolutionary technology to market. He said: “The first challenge is figuring out how to keep improving and maturing the technology, such as the flying control system and the powertrain system, ensuring we continue to push boundaries. Second, and most importantly, how can we make this technology safer to encourage public trust? The third lies in developing regulatory frameworks and working closely with governments to establish comprehensive policies and guidelines to enable the safe integration of flying vehicles into our transport ecosystem.”

Building on advancements in electric vehicles, ADNOC Distribution mirrored the UAE’s plans to expand its EV charging ecosystem with a showcase of its autonomous robotic arm concept. Leveraging advanced AI, the weatherproof and waterproof robotic arm autonomously identifies a car, initiates the charging session, connects the charger, and disconnects once charging is complete, enabling a seamless charging experience and allowing users to remain in their vehicles.

GITEX GLOBAL continues to lead innovation across global borders

As the world’s largest and best-rated tech event, GITEX GLOBAL is organised by Dubai World Trade Centre and has opened new opportunities for enterprises and governments to embark on future-focused tech projects across critical industries.

GITEX GLOBAL is seamlessly connecting the world’s largest network of tech events with a stellar list of international shows, including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering global collaboration and cross-continental innovation to shape the tech landscape of tomorrow.

GITEX GLOBAL 2024 is currently taking place from 14 to 18 October at the Dubai World Trade Center (DWTC), showcasing the power of global collaboration with over 6,500 exhibitors, 1,800 startups, 1,200 investors, and governments from 180+ countries—all united in advancing technology.

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.

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Kaia Health Appoints Adam Pellegrini as Global CEO And Launches The First Digital Pulmonary Rehab Program In Partnership With The COPD Foundation

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NEW YORK, Oct. 19, 2024 /PRNewswire/ — Kaia Health (Kaia), a leading digital health company, announces the appointment of Adam Pellegrini as its new Chief Executive Officer. Pellegrini brings a wealth of experience in digital health and a proven track record of driving innovation and growth. His appointment coincides with the highly anticipated US launch of Kaia Breathe, a digital-first pulmonary rehab program designed to support patients with COPD and other respiratory diseases.

Kaia Health Appoints Adam Pellegrini as Global CEO; Launches First Digital Pulmonary Rehab Program With COPD Foundation

Pellegrini brings more than two decades of experience in digital health to Kaia, having held executive roles at industry leaders such as Microsoft, Fitbit, Walgreens, CVS Health, and most recently, Jasper Health. His strategic vision and deep expertise in consumer behavior within the digital health landscape position him as the ideal leader to guide Kaia Health through its next phase of growth.

As part of the launch of Kaia Breathe, Kaia is proud to announce a partnership with the COPD Foundation, joining them on their mission to help millions of people live longer and healthier lives by advancing research, advocacy, and awareness to stop COPD, bronchiectasis, and NTM lung disease.

“More than 30 million people in the United States have COPD, and many struggle to manage their condition. Kaia Health’s digital-first rehabilitation model is already improving the lives of thousands, and I see a similar opportunity in pulmonary rehab to ease the disease burden for COPD patients and their caregivers,” said Pellegrini. “Today, in partnership with the COPD Foundation, we are launching Kaia Breathe, a digital solution that delivers consistent, clinically impactful therapy at scale coupled with engaging, habit-building technology”

“Innovative technologies like Kaia Breathe are transforming the landscape of pulmonary rehabilitation, providing individuals with greater access to personalized care that meets their unique needs,” said Jean Wright, M.D., MBA, CEO of the COPD Foundation. “By combining our expertise in COPD and Kaia Health’s digital solutions, this collaboration aims to make a lasting impact on the lives of millions living with chronic lung diseases.”

Kaia Breathe marks a significant advancement in managing chronic respiratory conditions through pulmonary rehabilitation. The program delivers personalized exercise therapy and condition education, supported by coaches and artificial intelligence motion tracking technology, enabling patients to manage their symptoms more effectively and improve their quality of life. With the US launch of this solution, Kaia Health aims to empower millions of COPD patients to manage their health and well-being from the comfort of their homes.

Pellegrini will officially launch Kaia Breathe at the HLTH conference in Las Vegas this week.

To learn more about Kaia Health, please visit kaiahealth.com. For more information about the COPD Foundation, visit copdfoundation.org.

About Kaia Health:
Kaia Health is the world’s largest digital therapeutics company on a mission to empower millions of people to live their healthiest lives. Kaia Health partners with leading health plans, employers, and providers, covering nearly 65 million lives around the world. Kaia’s evidence-based treatments, covering a range of conditions, including MSK and COPD, are powered by proprietary AI, motion analysis technology, and clinical expertise. Kaia’s app is designed to work on your smartphone or tablet – delivering the most accessible, effective, and equitable experience available. Across 20 clinical trials, Kaia Health has demonstrated effectiveness and safety on par with traditional care with as much as 80% reduction in cost, as recognized by the Program Validation from the independent Validation Institute.

About the COPD Foundation:
The COPD Foundation is a nonprofit organization whose mission is to help millions of people live longer and healthier lives by advancing research, advocacy, and awareness to stop COPD, bronchiectasis, and NTM lung disease. The Foundation does this through scientific research, education, advocacy, and awareness to prevent disease, slow progression, and find a cure. For more information, visit copdfoundation.org, or follow us on Twitter and LinkedIn.

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SOURCE Kaia Health

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Investors in Common Stock and Certain Debt Securities Offered by Valeant Pharmaceuticals International, Inc. May be Entitled to Payment from an SEC Fair Fund

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WASHINGTON, Oct. 19, 2024 /CNW/ — The following statement is being issued regarding the Valeant Pharmaceuticals Fair Fund.

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION

 

In the Matter of

 

Valeant Pharmaceuticals International, Inc. n/k/a
Bausch Health Companies Inc.; J. Michael Pearson;
Howard B. Schiller; and Tanya R. Carro, CPA,

 

Respondents.

 

ADMINISTRATIVE PROCEEDING
File Nos. 3-19899, 3-19900, 3-19901, and 3-19902

 

Valeant Pharmaceuticals Fair Fund 

SUMMARY DISTRIBUTION PLAN NOTICE

The United States Securities and Exchange Commission authorized this Notice. 

This is not a solicitation from a lawyer.

 

Who is Eligible to Participate in the Fair Fund?

If you purchased or otherwise acquired Valeant Pharmaceuticals International, Inc. (“Valeant”) common stock between October 20, 2014 and April 28, 2016, inclusive, or certain bonds issued by Valeant identified in Exhibit A of the Corrected Plan of Distribution (the “Plan”) between October 20, 2014 and October 29, 2015, inclusive, you may be entitled to receive a Distribution Payment from the Valeant Pharmaceuticals Fair Fund, created in the captioned proceedings (the “Fair Fund”), subject to other provisions of the Plan. For a complete list of Eligible Valeant Securities, please visit www.ValeantFairFund.com.

The administration of the Fair Fund is governed by the Plan approved by the Commission on August 22, 2024. A copy of the Plan, which contains a description of eligibility and other conditions of participation, is available at www.ValeantFairFund.com.

Determination of Recognized Claims

The amount of compensation shall be determined in accordance with the Plan of Allocation. Each Eligible Claimant’s Recognized Loss is determined by the calculations outlined in the Plan of Allocation. If the Net Available Distribution Fund is less than the sum of the Recognized Losses of all Eligible Claimants, each Eligible Claimant’s distribution amount will equal his, her or its “Pro Rata Percentage” of the Net Available Distribution Fund. If an Eligible Claimant’s Pro Rata Percentage is less than the Minimum Distribution Amount of $10, that Eligible Claimant will be deemed ineligible to receive a Distribution Payment. Further, an Eligible Claimant’s distribution amount will be no larger than his, her, or its Recognized Loss minus the amount of any compensation for the loss that resulted from the conduct described in the Order that was received from another source (e.g., class action settlement), to the extent known by the Fund Administrator (“Prior Recovery”), plus any Reasonable Interest awarded. That is, the distribution amount will be capped at the Recognized Loss less the Prior Recovery, plus any Reasonable Interest awarded.

How to Participate

If you believe you are potentially an Eligible Claimant and would like to participate, you must file your Proof of Claim Form via the online claim filing portal available at www.ValeantFairFund.com on or before the Claims Bar Date referenced below. Alternatively, you may download and complete a paper Claim Form and mail it to the address below. When submitting a claim, you must also include acceptable supporting documentation to confirm your transactions in Eligible Valeant Securities.

Claims Bar Date: January 16, 2025, 11:59 P.M. PST

Website:     

www.ValeantFairFund.com

Email:         

info@ValeantFairFund.com

Phone:       

1-888-890-6712

Address:     

Valeant Pharmaceuticals Fair Fund
c/o Verita Global
Fund Administrator 
P.O. Box 301133
Los Angeles, CA 90030-1133

 

Questions?

This Notice provides only summary information regarding the Valeant Fair Fund. We strongly recommend that you consult the documentation found at www.ValeantFairFund.com in its entirety.

Media Contact: 1-888-890-6712; info@ValeantFairFund.com

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SOURCE Valeant Fair Fund

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India’s biggest Tech Fest ‘Tech Invent-2024’ Kicks Off at Chandigarh University, Ignites Innovation Across Domains; 55 Events, 20,000 Registrations from 150 Top-Ranked Institutions Across India

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India witnessing innovation in every sphere of life, events like Tech Invent give wings to student ideas, says MP & Chandigarh University Chancellor Satnam Singh Sandhu

CHANDIGARH, India, Oct. 19, 2024 /PRNewswire/ — Chandigarh University’s annual tech fest, Tech Invent 2024, was inaugurated by the Haryana Governor Bandaru Dattatraya on Friday, bringing together young minds from all over the country to create, innovate and foster innovation across diverse domains at one of India’s biggest tech event.

The dignitaries present at the grand inaugural ceremony of the event included Member of Parliament (Rajya Sabha) and Chandigarh University Chancellor Satnam Singh Sandhu.

With nearly 20,000 registrations from over 1500 top-ranked universities and educational institutions like IITs, NITs, IIITs and IIMs across the country, the two-day national level spectacular extravaganza at Chandigarh University campus is witnessing an impressive turnout of students from diversify fields of Engineering, Management, Mass Communication, Hotel Management, Fine Arts, Law, Science and Technology, Fashion designing, Industrial Design, and Architecture from all over India.

The Tech Invent 2024, the annual tech fest of Chandigarh University which is ranked among India’s s top 20 universities in the NIRF Rankings 2024, includes over 55 engaging competitions besides workshops, exhibitions and expert talks in diverse fields.

Prizes worth Rs 10 lakh will be given by Chandigarh University, India’s premier university globally recognized for academic excellence, to the winners of various technical events on the concluding day of the tech Fest which has progressed to become one of the most popular platform for youth talent hunt in India since its inception in 2014.

The opening day of the Tech Invent included a cultural extravaganza with star-studded performances by singer-actress Shirley Setia, Punjabi singer-actor Parmish Verma and Bollywood actor and film producer Arbaaz Khan. The tech fest will conclude with DJ night, ‘Sunburn Campus’ on Saturday.

In his address, the chief guest Haryana Governor Bandaru Dattatraya said Tech-Invent is one of the largest national level technical festivals organised by any Indian University.

“Tech events like this organised by Chandigarh University will play an important role in your and the country’s bright future. Such tech fest help to promote interaction and collaboration and provide valuable insights on emerging trends in various fields,” he said.

The Haryana Governor said under the leadership of Prime Minister Narendra Modi, India is leaving no stone unturned to take maximum advantage of technological advancement and upgradation in every important sector.

“From health to education, defense to agriculture, concrete efforts are being made for technological intervention. These are not only creating more employment, increasing trade, but also helping people to make their lives easier. Technological development should be in line with human needs, which is happening very well in our country today. Today, under the leadership of Prime Minister Narendra Modi, we are continuously moving ahead in the use of Artificial Learning, Automation, Intelligence, Machine Robotic Edge Process Computing, Quantum Computing, Virtual Reality and Augmented Reality, Block chain, Internet of Things, 5G, Cyber Security etc. 5. India has the third largest startup ecosystem in the world with more than 100 Unicorns. India is poised to match global standards in Quantum, Artificial Intelligence and Machine Learning. In some ways, it is even ahead of others,” the Haryana Governor said urging students to become job creators than just being the job seekers.

On the occasion, Rajya Sabha Member and Chandigarh University Chancellor, Satnam Singh Sandhu said, “Education has three major components that includes curricular, co-curricular and extra-curricular activities. These all are equally important, but I believe that co-curricular activities play most important role in shaping student’s future; it complements the education as it goes on to state that students work on hands-on projects and take on real-world challenges in these competitions. The outcome that co-curricular activities can bring, perhaps classrooms learning cannot bring produce; unlike fundamentals and theories, students come face-to-face with real-time projects, challenges at such events.”

On the occasion, Sandhu announced Chandigarh University will further strengthen the co-curricular domain and introduce an independent department to design co-curricular programs.

The Rajya Sabha Member said at present India is witnessing innovation in every sphere of life. “And I am quite confident that as an outcome of this fest, we will give a minimum of 10 start-ups to the country which would further endow employment opportunities for thousands of others. CU will be funding these projects. At CU your ideas mean a lot to us, and we won’t be restricting them to just certificates, but we will give them concrete shape to bring out the best out of them. Today, world’s top universities and MNCs are collaborating with Chandigarh University. World’s top 5 brands are hiring students of CU today,” Sandhu said.

“We are privileged that for a third consecutive time, people of the nation reposed faith in the strong and visionary leadership of PM Narendra Modi. Our PM has not only shown us dreams but he led from the front and demonstrated how those reams can be turned into reality. PM Modi, right after assuming the helm of affairs for the 3rd consecutive term, announced to provide internships to 2 crore youth of the country. He has decided to dedicate this tenure to the youth of the country as future of the country depends on them. The government is working on something big for students who face financial hurdles to get education. We want to take the country forward and make it a developed nation by 2047 when we complete 100 years of independence. We have become 5th largest economy in the world in a span of just 10 years under Modi government and rapidly moving forward to become 3rd largest economy in the world,” he added.

Besides events like Circuit Scramble, CodeForge2024, Ideathon Insomnia (Overnight Coding Tech Hunt), Robo Race, Zinnovatio (a hackathon) and GameWave: IGDC Game Jam (a completion for to creating innovative games), Mapathon (a collaborative map-making competition), “E-Combat” (an epic gaming competition which brought together the best players from around the globe) and Game Challenge, the Tech Invent includes Maths Carnival (Treasure Hunt), Venture Voice, GenAI Hackathon, Spark Tank: The Ultimate Startup/ Business Idea Pitch Competition, Zerodha Wealth Craft Challenge.

Besides this, the tech fest will include Shelter Genius 2.0, Design Marathon, Edu Quest, Social Design and Innovation Competition, Reel Making Contest, Youth Parliament and Fashion Show with the theme ‘fashion beyond boundaries’.

On the opening day of Tech Invent, among other events, Robo War caught the fancy of students. As many as 12 teams (4 to 10 members each team) from all over the country including NCR region, Uttar Pradesh, South Indian states participated in the Robo War event. Robots, designed by students in different sizes and shapes were seen fighting it out in the Robo war arena. The prize money of this event was Rs 2.20 lakh. The weight limit for the robots representing each team was kept at 30 kg.

Another interesting event after Robo War was Robo Race-Line Follower. In this event, as many as 13 teams (4 to 6 members in each team) from different universities in the country showcased their robot designing skills. Students of Mechatronics, Computer Science Engineering, Mechanical Engineering, Industrial Desing participated in this event.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address:  https://www.cuchd.in/

Photo – https://mma.prnewswire.com/media/2535264/Chandigarh_Uni_Tech_Fest.jpg

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