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AI Applied Consortium Launches National AI Video Analytics Program

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The AI Applied Consortium, in collaboration with students and faculty from the Georgia Institute of Technology, DePaul University, and municipalities and cities across the United States, is excited to announce the launch of a pioneering Artificial Intelligence Video Analytics Program

NEW YORK, Aug. 5, 2024 /PRNewswire-PRWeb/ — The AI Applied Consortium, in collaboration with students and faculty from the Georgia Institute of Technology, DePaul University, and municipalities and cities across the United States, is excited to announce the launch of a pioneering Artificial Intelligence Video Analytics Program. This initiative aims to revolutionize the management and appreciation of urban multi-use trails and public areas by transforming data into actionable insights for urban planning and improving the quality of life for communities across the nation. The program also actively involves students and faculty from these esteemed institutions, fostering an environment of learning and innovation.

“Data science and AI have the potential to transform urban living by providing critical insights for better decision-making and sustainability,” said Ilyas Ustun, Director of Data Science at DePaul University.

The AI Video Analytics Program, utilizing state-of-the-art AI computer vision technology, analyzes pedestrian and cyclist traffic patterns. This information will be instrumental in economic impact studies, environmental benefits, and strategic planning to enhance local business patronage and community engagement.

The AI Video Analytics Program is distinguished by its holistic approach, focusing on community engagement, privacy, and interdisciplinary collaboration. The program leverages cutting-edge AI technologies to provide comprehensive insights while prioritizing the privacy and security of individuals. By obfuscating personally identifiable information at the edge, the program ensures data security and builds user trust. Additionally, the use of synthetic data and advanced AI vision models enables the program to offer accurate and adaptable insights applicable to diverse urban settings.

A significant aspect of the program is its community-centric focus. Through educational workshops, R&D partnerships with universities, and collaborations with non-profits and local businesses, the program fosters economic development and technological advancement on a national scale. This inclusive approach ensures that the benefits of the AI Video Analytics Program extend beyond technological innovation to enhance community engagement and regional development.

“This program showcases our commitment to leveraging advanced technologies to enhance urban planning and community engagement,” said Michael Braun, Smart City Lead for the AI Applied Consortium. “By bringing together diverse expertise, we are not only advancing technology but also ensuring its positive impact on society and the environment.”

“This program showcases our commitment to leveraging advanced technologies to enhance urban planning and community engagement,” said Michael Braun, Smart City Lead for the AI Applied Consortium. “By bringing together diverse expertise, we are not only advancing technology but also ensuring its positive impact on society and the environment. Our work is about more than just data collection—it’s about creating actionable insights that cities can use to foster growth, improve sustainability, and enhance the quality of life for their residents. This is just the beginning of what AI-driven solutions can offer in reshaping urban landscapes and ensuring our infrastructure meets the demands of the future.”

The project aims to demonstrate the AI Computer Vision solution’s ability to provide analysis of foot and vehicular traffic, focusing on multi-use trail and public area management. This comprehensive approach aims to not only leverage the technological benefits of video analytics but also to strengthen community ties and drive regional development nationally.

The program also focuses on understanding and reducing carbon emissions through the creation of multi-use trails that encourage greener commutes. By using deep AI video analytics to understand traffic patterns and promoting pedestrian and cyclist pathways, the AI Applied Consortium aims to contribute to environmental sustainability on a national scale.

“Data science and AI have the potential to transform urban living by providing critical insights for better decision-making and sustainability,” said Ilyas Ustun, Director of Data Science at DePaul University. “Our collaboration in this initiative represents a significant step towards harnessing these technologies for public good.”

The program is supported by notable individuals including Patricia Burke Hansen from the City of Brookhaven, and Shaun Green from Atlanta Beltline, among others. Their involvement underscores the program’s commitment to community engagement and interdisciplinary collaboration.

Beyond the immediate focus on urban multi-use trails, the AI Video Analytics Program has far-reaching applications. This technology holds significant potential for smart-city use cases, including civil construction and the analysis of outdated infrastructure. By extending the scope of this program, cities can leverage AI-driven analytics to address pressing infrastructure challenges, optimize urban planning, and enhance the resilience of their communities. The ability to understand and act on data-driven insights will be crucial as cities across the nation work to modernize and improve their infrastructure in the face of evolving demands.

The AI Applied Consortium catalyzes transformation in manufacturing, energy, life sciences, and public sectors through applied AI, mixed reality, and IoT innovation. By merging academic brilliance with technological innovation, the consortium pioneers applied AI research and practical applications that elevate businesses, federal and state organizations nationwide. Together, they are shaping a future where industries, government agencies, and workers thrive in the era of applied AI, seamlessly integrating mixed reality and IoT technologies to excel in the complexity of their tasks.

The AI Applied Consortium is guided by a distinguished Board of Trustees, including Adam Berg (Manager of Learning Solutions, TechnipFMC), Michael Braun (Senior Consultant, Canopy Management), Michael Burgess (Deputy CEO, Millison Casting), Nezih Altay (Professor, DePaul University), William Aiken (PhD, University of Ottawa), Prasanna Vijayanathan (Senior Engineer, Netflix), Hasan Poonawala (Professor, University of Kentucky), Shaun Green (Principal Engineer, Atlanta Beltline), Abhishek Joshi (Vice President, Visa), Konrad Konarski (Vice President AI, Prolifics Inc. and Chairperson of AI Applied Consortium), Mike McFarlane (BASF, Retired), and Jungwoo Ryoo (Chancellor, Penn State University).

For more information about the consortium and its initiatives, please visit http://aaiconsortium.org.

The AI Video Analytics Program is already operational, demonstrating significant potential in its initial phase. This comprehensive “as-a-service” experience includes all necessary hardware, software, and service support, ensuring communities nationwide benefit from the latest technological advancements.

Media Contact

Michael Braun, AI Applied Consortium, 1 (850) 241-3860, mbraun@aaiconsortium.org, http://aaiconsortium.org.

View original content:https://www.prweb.com/releases/ai-applied-consortium-launches-national-ai-video-analytics-program-302213839.html

SOURCE AI Applied Consortium

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Creality Debuts mBox, A Kid-Operated AI 3D Printer, at $329

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HOUSTON, Nov. 9, 2026 /PRNewswire/ — Creality, a global leader in the 3D printing industry, today introduces mBox, an AI 3D printer designed specifically for kids. Featuring a 153 × 153 × 153 mm build volume, the kid-operated printer brings together kid-safe designs, simple printing operations, and accessible creative tools to help young makers turn their ideas into physical creations. Priced at $329, mBox is now available exclusively on TikTok Shop in the U.S. from November 9 to December 10.

Who is mBox Built for

mBox is built for families with children aged 6–16 who enjoy drawing, block building, model making, DIY projects or exploring technologies. It is particularly designed for young creators who want to go beyond just buying ready-made toys and instead turn their own imagination into tangible and personalized creations, whether through independent projects at home or hands-on activities in the company of parents. mBox is also ideal for STEAM learning spaces where educators seek to integrate safe and simple 3D printers into everyday classroom subjects, like science experiments, engineering design, and creative arts.

Designed with Child Safety in Mind

Developed specially for kids, mBox prioritizes safety in its product engineering. Its fully enclosed chamber keeps the nozzle and moving components behind an enclosure while children watch their creations take shape. During printing, the unheated build plate eliminates the need to handle a heated bed when removing finished prints, while activated carbon filtration helps filter impurities from the chamber air.

Notably, a configurable door-open alert offers three response options: no action, alert only, or alert and pause. When the alert-and-pause is set and triggered, printing stops and parents receive an app notification.

Together, these thoughtful design features help create a safe and friendly space for printing and creating, ensuring parents feel more at ease as children build 3D models on their own.

Easy to Use, Easy to Create

mBox focuses on simplified operations to make 3D printing easier for kids to get started with.

With the 3.97-inch full-color touchscreen, kids can pick a model and start printing in just a few clicks without connecting to a phone. Before printing, auto leveling simplifies print preparation and helps improve first-layer adhesion, reducing the need for parents’ manual adjustments. During printing, the CoreXY motion system with vibration compensation supports stable printing and cleaner surface details, while AI detection uses the built-in camera to identify issues like warping, foreign objects, and spaghetti failures, and then alerts are sent to parents through the app.

In addition, there is RGB status lighting to show print progress and a low-noise mode which keeps operating noise at or under 46 dB.

A Magic Box That Sparks Creativity

Beyond the printer itself, mBox bridges kids with dedicated software, Creality Park App and Creality Park Studio. The Creality Park App is a 3D playground showcasing curated models and STEAM courses in a fun way and offering pick & print experience for younger users. For those ready to take their ideas further, the Creality Park Studio, a PC-based platform, offers approachable 3D modeling tools to help design original creations.

The ecosystem also incorporates AI tools CubeMe and SnapForm, enabling kids to turn photos into personalized, printable figurines, keychains, and accessories.

From a simple idea to a piece of creation, mBox aims to spark imagination and encourage hands-on making, helping young creators turn inspiration into something they can hold in hands.

Availability & Pricing

mBox is now available exclusively on the U.S. TikTok Shop at the price of $329 from November 9 to December 10.

View original content to download multimedia:https://www.prnewswire.com/news-releases/creality-debuts-mbox-a-kid-operated-ai-3d-printer-at-329-302934077.html

SOURCE Creality

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Cloud Software Group Announces Final Results of Offer to Purchase for Cash up to $2.0 Billion Aggregate Principal Amount of its 9.00% Senior Secured Second Lien Notes due 2029

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FORT LAUDERDALE, Fla., Nov. 9, 2026 /PRNewswire/ — Cloud Software Group Holdings, Inc. (“Cloud Software Group” or the “Company”) today announced the expiration and final results of its previously announced cash tender offer (the “Offer”) to purchase its 9.00% Senior Secured Second Lien Notes due 2029 (the “Notes”) for the Consideration (as defined below), subject to a $2,000,000,000 cap on the aggregate principal amount of Notes purchased in the Offer (the “Tender Cap”), subject to proration and the terms and conditions set forth in the Offer to Purchase dated November 2, 2026 (as it may be amended or supplemented from time to time, the “Offer to Purchase”). Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

The Offer expired at 5:00 p.m., New York City time, on November 9, 2026 (such time and date, the “Expiration Date”). Withdrawal rights for the Offer expired at the Expiration Date, and accordingly, Notes validly tendered in the Offer may no longer be withdrawn except where additional withdrawal rights are required by law.

At the Expiration Date, according to information provided by Global Bondholder Services Corporation, the tender and information agent for the Offer (the “Tender and Information Agent”), the aggregate principal amount of Notes validly tendered and not validly withdrawn pursuant to the Offer and the aggregate principal amount of Notes accepted for purchase, are set forth in the table below.

Notes

CUSIP No. /
ISIN(1)

Aggregate
Principal
Amount
Outstanding
Prior to the
Offer

Consideration(2)

Aggregate
Principal
Amount
Tendered

Aggregate
Principal
Amount
Accepted(3)

Proration
Factor(3)

9.00% Senior
Secured
Second Lien
Notes due 2029

144A: 18912U AA0 /
US18912UAA07

Reg S: U18898 AA1 /
USU18898AA16

IAI: 18912U AB8 /
US18912UAB89

$3,733,172,000

$1,022.50

$2,710,839,000

$2,000,011,000

73.8 %

____________________

(1)

No representation is made as to the correctness or accuracy of the CUSIP numbers or ISINs listed herein or printed on the Notes. Such information is provided solely for the convenience of the Holders.

(2)

The consideration (the “Consideration”) represents the amount payable per $1,000 principal amount of Notes validly tendered and accepted for purchase by the Company. The Consideration excludes accrued and unpaid interest (“Accrued Interest”) on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, November 16, 2026 (the “Settlement Date”), which will be paid in addition to the Consideration. Accrued Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offer. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company or its participants.

(3)

Notes validly tendered are subject to proration so that the Company accepts for purchase Notes in an aggregate principal amount up to the Tender Cap. The proration factor has been rounded to the nearest tenth of a percentage point for presentation purposes. The Company will multiply the principal amount of each valid tender of Notes by the proration factor and round the resulting amount down to the nearest $1,000 principal amount in order to determine the principal amount of such tender that will be accepted pursuant to the Offer. The excess principal amount of Notes not accepted from the tendering Holders will be promptly returned to such Holders.

All General Conditions to the Offer were satisfied or waived on or prior to the Expiration Date. The Offer remains subject to the Financing Condition. The Company will not be required to accept for purchase any tendered Notes, or pay the Consideration, if the Financing Condition has not been satisfied or waived on or prior to the Settlement Date.

Citigroup Global Markets Inc. served as dealer manager (the “Dealer Manager”) for the Offer. Global Bondholder Services Corporation served as the Tender and Information Agent for the Offer. For additional information, please contact: Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 (collect) and ask for Steve Cheeseman, Kevin Mills, or Joyce Lam. Requests for documents and questions regarding the tendering of Notes may be directed to Global Bondholder Services Corporation by telephone at (212) 430-3774 (for banks and brokers only) and (855) 654-2015 (for all others toll-free) or to the Dealer Manager at its telephone number. Copies of the Offer to Purchase are available at: https://www.gbsc-usa.com/cloud. You may also contact your custodian bank, broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offer.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities. The Offer was made only by and pursuant to the terms of the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. The information in this press release is qualified by reference to the Offer to Purchase.

Forward-Looking Statements

This press release includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions, or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements” within the meaning of the “safe harbor provisions” of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include all matters that are not historical facts, including statements relating to our intentions, beliefs, or current expectations concerning, among other things, the completion of the Offer. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will,” or “should” or, in each case, their negative or other variations or comparable terminology. Such forward-looking statements are based on available current market material and management’s expectations, beliefs, and forecasts concerning future events impacting us. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by the forward-looking statements contained in this release because of a variety of factors, including, but not limited to, general market conditions that might affect the Offer and the New Notes Offering and the other factors described in the Offer to Purchase. There can be no assurance that future developments affecting us will be those that we have anticipated. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

About Cloud Software Group
Cloud Software Group delivers trusted, mission-critical software, helping its customers evolve, compete, and succeed across cloud, multi-cloud, hybrid, on-premises, and edge deployments. Its portfolio includes Citrix, TIBCO, Spotfire, ibi, DataSynapse, ON EBX, Arctera, Enterprise Vault, and InfoScale, offering solutions that include secure application delivery, automation, collaboration, data management, and advanced analytics.

Media Contact:
Haley Salas
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
media@cloud.com

View original content:https://www.prnewswire.com/news-releases/cloud-software-group-announces-final-results-of-offer-to-purchase-for-cash-up-to-2-0-billion-aggregate-principal-amount-of-its-9-00-senior-secured-second-lien-notes-due-2029–302934081.html

SOURCE Cloud Software Group Holdings, Inc.

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Panduit Introduces Net-Verse™ Cabinets for Modern Data Center Environments

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Next-generation cabinet platform combines improved airflow, reinforced strength, flexible configurations, and service-friendly access

SINGAPORE, Nov. 10, 2026 /PRNewswire/ — As data centers accommodate higher equipment densities, they face growing demands to improve airflow, support heavier rack configurations, maximize available space, and simplify equipment installation and maintenance. Panduit, a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions, introduces Net-Verse™ Cabinets, a next-generation cabinet platform designed to address these challenges with enhanced airflow, reinforced structural strength, improved equipment access, and flexible configurations for modern data center environments.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/panduit/9431151-en-panduit-introduces-net-verse-cabinets-for-modern-data-center-environments 

Net-Verse Cabinets feature highly perforated front and rear doors with 78% airflow open area to support cooling in dense network, server, and AI environments. The cabinet door opens 180 degrees to provide greater access during equipment installation and maintenance, while fully adjustable equipment rails simplify placement across a range of equipment sizes and depths.

A reinforced steel frame supports load ratings of up to 2,000 kg (4,400 lbs.) static and 1,000 kg (2,200 lbs.) rolling, helping data centers accommodate the dense, fully loaded rack configurations associated with evolving infrastructure requirements. Additional airflow-management features include brush cable-entry points in the top cap and a standard bottom cover plate designed to help limit air leakage and debris entry.

“As AI and other high-density applications reshape data center requirements, customers need infrastructure that can adapt alongside them. Net-Verse Cabinets provide a flexible, service-friendly foundation designed to simplify deployment and support evolving infrastructure needs,” said May Odishoo, Product Manager Associate.

The cabinet portfolio is available in 600 mm and 800 mm widths, 1,000 mm and 1,200 mm depths, and 42, 45, and 48 rack-unit heights. Customers can select configurations with or without side panels in black or white. The 800 mm-wide cabinets include front cable-management fingers and front blanking panels, and all cabinets include full-height PDU brackets, adjustable equipment rails, casters, leveling legs, and an assembled, one-per-pallet shipping configuration.

Net-Verse Cabinets are designed for data center, enterprise, and co-location deployments and are compatible with Panduit cable-management accessories and the Net-Contain™ Universal Aisle Containment System. The cabinets comply with EIA-310-E, TIA/EIA-942, GB/T 19520.16-2015, DIN 41494 Part 1 and Part 7, and IEC 60297-3-100:2008.

For more information about Net-Verse Cabinets, visit Panduit.com/cabinets. 

About Panduit

Panduit is a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions. Operating from our headquarters in Tinley Park, Ill., USA, and across 112 worldwide locations, we drive innovation through strategic R&D investments and breakthrough product development while providing seamless global support and service. Since 1955, our commitment to our customers and partners has remained constant. And together, with them, we create exceptional solutions that support their businesses in a way that’s good for them and good for the world. Panduit is making the connections that matter. For more information, visit www.panduit.com.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/panduit-introduces-net-verse-cabinets-for-modern-data-center-environments-302933181.html

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