TORONTO, March 16, 2021 /CNW/ - Predictiv AI
Inc. (TSXV: PAI) (OTC: INOTF) (FSE: 71TA) ("Predictiv
AI" or the "Company"), a software and solutions
provider in the artificial intelligence markets is pleased to
announce its dynamic new partnership with the Waterloo Artificial
Intelligence Institute ("Waterloo.AI") at the University of Waterloo. This partnership will allow
Predictiv AI's subsidiary, AI Labs Inc. ("AI Labs"), to pursue its
various innovations through leveraging Waterloo.AI as an extension
of the Predictiv AI team.
The collaboration will allow access to the world's top
artificial intelligence resources, creating much greater bandwidth
in ideation, research, and development of solutions for real-world
problems. Predictiv AI also looks forward to participating in and
supporting Waterloo.AI events and introducing other synergistic
partners to the program. Beyond having access to an
unparalleled talent pool of academics and their teams for research
and development, the partnership also provides for round table
participation amongst Waterloo.AI partners.
"We are thrilled to have Predictiv AI join as a partner with
Waterloo," said Harold Godwin,
Managing Director of Waterloo.AI. "This is a very exciting time for
our university and Waterloo.AI, and we are grateful for the
interest and ongoing support of our partners, including our newest,
Predictiv AI."
"We are very excited and honoured to be working with one of the
world's leading artificial intelligence institutions. We will
now be able to accelerate our innovations and scale our team's
productivity while learning new ways to approach projects with new
and unique technologies," said Michael
Lende, CEO of Predictiv AI. "The formalization of this
relationship is a crucial building block in our growth plans as it
allows us to remain asset-light while simultaneously accelerating
innovation on our artificial intelligence and deep machine
learning-based solutions. We look forward to a long-term
association with Waterloo.AI."
For more information on Predictiv AI or ThermalPass,
visit: www.predictiv.ai and follow Predictive AI on:
Facebook:
https://www.facebook.com/PredictivAI/
Twitter:
https://twitter.com/predictivai
LinkedIn:
https://www.linkedin.com/company/predictivai/
About Waterloo Artificial Intelligence Institute
The Waterloo Artificial Intelligence Institute (Waterloo.AI) is
dedicated to fostering and promoting research in all aspects of
artificial intelligence (AI) and machine learning
(ML). Waterloo.AI believes that AI will change our lives,
transforming how we work, how we travel, how we treat disease, how
we communicate, and how we learn. Our researchers are developing
intelligent systems that can detect cancer and heart disease,
understand language and emotion, and navigate roadways and factory
floors better than ever before. Our constant focus on key
technologies and on the foundational breakthroughs to make them a
reality will accelerate AI innovation that benefits everyone,
everywhere.
About Predictiv AI Inc.
Predictiv AI Inc. www.predictiv.ai is a technology
company which helps businesses and organizations make smarter
decisions using advanced artificial intelligence, deep machine
learning and data science techniques. Its Weather Telematics Inc.
subsidiary uses patented air quality monitoring sensors to provide
predictive weather risk information to the insurance, logistics,
fleet management and public safety sectors. The Company's R&D
division, AI Labs Inc., develops new products that solve real-world
business problems.
Cautionary and Forward-Looking Statements
Statements contained in this news release, which are not
historical facts, are forward-looking statements that involve risk,
uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. All forward-looking statements included in this news
release are based on information available to the Company on the
date hereof. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that could cause
actual results of the Company to differ materially from the
conclusion, forecast or projection stated in such forward-looking
statements. These risks, uncertainties and other factors include,
but are not limited to, ThermalPass achieving the commercial
results anticipated by the Company, market demand for ThermalPass
and other factors referenced in the Company's other continuous
disclosure filings, which are available at sedar.com. Readers
should not place undue reliance on these forward-looking
statements. The Company assumes no obligation to update any
forward-looking statements, except as required by applicable
securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE
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SOURCE Predictiv AI Inc.
