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Hong Kong: A Hub of Innovation Leading the Future of AI in Healthcare,The 2nd CREATE Symposium Hosted by CAIR Concludes Successfully

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HONG KONG, Nov. 26, 2024 /PRNewswire/ — In recent years, the integration of artificial intelligence (AI) and robotics into the medical field has revolutionized healthcare technologies. The focus now is on bridging the gap between cutting-edge technologies and clinical applications to enhance diagnostic capabilities and improve overall healthcare efficiency. On November 22-23, the Centre for Artificial Intelligence and Robotics (CAIR), Hong Kong Institute of Science and Innovation, Chinese Academy of Sciences hosted the Second Hong Kong Clinical-driven Robotics and Embodied AI TEchnology Symposium (CREATE Symposium) at the Charles K. Kao Auditorium, Hong Kong Science Park.

This two-day symposium brought together a distinguished lineup of international experts, clinicians, and medical device innovators to foster cross-disciplinary dialogues spanning academic research, industry development, and clinical applications. Participants exchanged insights on the latest breakthroughs and future trends in healthcare technologies, propelling the innovative application of AI and robotics in medical practice.

Following the success of the first day, the second day of the CREATE Symposium featured insightful discussions by more than 10 experts, focusing on the applications of AI in medical device innovation and clinical practices. In his welcome speech, Professor Zhen Lei, IEEE/IAPR Fellow and Professor of CAIR emphasized CAIR’s mission: “CAIR is committed to becoming an international R&D hub for scientific and technological innovation, advancing AI research and intelligent design, and fostering new momentum for both mainland and international communities. By bringing together global talent and technology, we aim to establish Hong Kong as an international hub for innovation in intelligent technology.” Mr. Changlin Gao, General Manager of Beijing-Hong Kong Exchange of Personnel Centre, representing one of the supporting organizations, highlighted the forum’s role in creating a high-level platform for collaboration: “This forum has established a platform for the international academia, industry, and medical community to jointly explore the cutting-edge applications and future directions of AI technology in healthcare.

From Exploration to Practice: AI Empowering the Future of Healthcare

Professor Dinggang Shen, Founding Dean of the School of Biomedical Engineering at the ShanghaiTech University and Co-CEO of United Imaging Intelligence, highlighted how AI technology is advancing the standardization and intelligent development of medical diagnoses and treatments. By integrating multimodal data, including imaging, pathology, and genomics, AI is improving medical efficiency, optimizing resource allocation, and enhancing patient outcomes. He also shared his team’s innovative work in areas such as image enhancement, low-dose imaging, and comprehensive cancer diagnosis.

In the field of surgery, embodied AI technology is gradually being integrated into minimally invasive procedures and surgical robots, providing surgeons with high-precision, low-risk assistance. Professor Hongbin Liu, Director of CAIR, stated that the goal of AI is to empower rather than replace humans, enabling doctors to become “super doctors”. He envisioned the future operating rooms become fully intelligent spaces where humans and robots collaborate seamlessly, improving surgical outcomes through advanced interaction. .

Professor Shaohua Zhou, Executive Dean of the School of Biomedical Engineering at the University of Science and Technology of China, emphasized the growing importance of general and foundational models in medical imaging AI. These models address challenges related to data scarcity and task complexity through a “train-once, multi-task” approach. He highlighted the integration of multimodal data and the combination of generative and discriminative models to develop reliable and interpretable intelligent systems capable of supporting clinical applications and improving patient health predictions.

Some other distinguished experts and scholars shared their latest research progress and practical applications: Dr. Yongjian Chen, Deputy General Manager of Qingdao Hisense Medical Equipment Co., Ltd.; Dr. Qi Dou, Assistant Professor at Department of Computer Science and Engineering and T Stone Robotics Institute, The Chinese University of Hong Kong; Professor Zhong Wu, Director of Administration, Chief Physician at Cardiovascular Surgery, West China Hospital of Sichuan University; Dr. Kevin Ka-ho Kam, Director of Ambulatory Cardiology Services and Associate Consultant of Medicine & Therapeutics, Prince of Wales Hospital; Professor Lei Du, Chief Physician and Professor at the Department of Anesthesia, West China Hospital, Sichuan University; Dr. Huai Liao, Chief Physician at Department of Pulmonary and Critical Care Medicine, First Affiliated Hospital of Sun Yat-sen University; Dr. Shifang Li, Chief Physician, Neurosurgery, Affiliated Hospital of Qingdao University; Dr. Hua Wang, CTO of Magspin Instrument Co., Ltd.

In the afternoon, the speakers visited the CAIR exhibition hall to explore CAIR’s groundbreaking research achievements. Highlights included: CARES Copilot 2.0, Embodied Intelligent Ultrasound Robot, Augmented Reality Navigation Systems, Medical Imaging Enhancements Techniques, Real-time Surgical Digital Twin System, and Flexible Minimally Invasive Neurosurgery Robot. The visit sparked in-depth discussions on addressing clinical challenges and market commercialization. Later, a closed-door seminar focused on the clinical applications of AI and robotics in cardiothoracic surgery and intensive care.

Earlier, around 40 young scholars from Hong Kong had visited the CAIR exhibition hall. They participated in a lunch discussion with project researchers, expressing strong interest in CAIR’s research achievements and team culture. Many expressed their aspirations to join CAIR in the future.

The successful conclusion of the “Hong Kong CREATE Symposium” not only highlights its pivotal role in advancing academic exchange and collaboration in the field of embodied intelligent medical technology, but also provides a cross-disciplinary and international platform for innovative dialogue among global experts and scholars. By uniting industry leaders, showcasing groundbreaking research, and delving into emerging trends, the forum serves as a catalyst for the continued evolution and practical application of embodied intelligent medical technology.

Looking ahead, as these technologies continue to evolve and expand, their transformative potential in the healthcare sector will be further unlocked. This progress will not only drive innovation but also strengthen efforts toward the sustainable development of human society, offering new insights and solutions to global healthcare challenges.

About CAIR

Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences is the first national-level R&D institution in Hong Kong approved by the central government. It is also directly affiliated with the Chinese Academy of Sciences. The Centre for Artificial Intelligence and Robotics (CAIR) is one of the two innovation centers under its umbrella. CAIR focuses on research in areas such as multimodal AI surgical models, embodied AI medical robots, and the fundamental theories of AI. The goal is to build Hong Kong into an artificial intelligence hub with national support, attract international high-end talents, and establish an international innovation hub for the applications of artificial intelligence and robotics in medical technology and life sciences.

For more information, please visit CAIR’s WeChat public account or the Center’s official website: https://www.cair-cas.org.hk

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SOURCE Centre for Artificial Intelligence and Robotics (CAIR), Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences

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Sidus Space Announces Closing of Offering

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CAPE CANAVERAL, Fla., April 21, 2026 /PRNewswire/ — Sidus Space, Inc. (Nasdaq: SIDU) (“Sidus” or the “Company”), an innovative space and defense technology company, today announced the closing of its previously announced best-efforts offering of 13,453,700 shares of its Class A common stock (or pre-funded warrants (“Pre-funded Warrants”) in lieu thereof). Each share of Class A common stock (or Pre-funded Warrant) was sold at an offering price of $4.35 per share (inclusive of the Pre-funded Warrant exercise price) for gross proceeds of approximately $58.5 million, before deducting the placement agent’s fees and offering expenses. All of the shares of Class A common stock and Pre-funded Warrants were offered by the Company.

The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

ThinkEquity acted as sole placement agent for the offering.

The securities were offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-292839), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 20, 2026, and declared effective on February 4, 2026. The offering was made by means of a written prospectus. A final prospectus supplement and accompanying prospectus related to the offering have been filed with the SEC and made available on the SEC’s website. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained, when available, from the offices of ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004.

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

About Sidus Space

Sidus Space (NASDAQ: SIDU) is an innovative space and defense technology company offering flexible, cost-effective solutions, including satellite manufacturing and technology integration, AI-driven space-based data solutions, mission planning and management operations, AI/ML products and services, and space and defense hardware manufacturing. With its mission of Space Access Reimagined®, Sidus Space is committed to rapid innovation, adaptable and cost-effective solutions, and the optimization of space systems and data collection performance. With demonstrated space heritage, including manufacturing and operating its own satellite and sensor system, LizzieSat®, Sidus Space serves government, defense, intelligence, and commercial companies around the globe. Strategically headquartered on Florida’s Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration, and testing facility and provides easy access to nearby launch facilities. For more information, visit: sidusspace.com.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute ‘forward-looking statements’ within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words ‘anticipate,’ ‘believe,’ ‘continue,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘plan,’ ‘potential,’ ‘predict,’ ‘project,’ ‘should,’ ‘target,’ ‘will,’ ‘would’ and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled ‘Risk Factors’ in Sidus Space’s prospectus supplement and Annual Report on Form 10-K for the year ended December 31, 2025, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Contacts

Investor Relations
Investor-Relations@sidusspace.com

Media
press@sidusspace.com

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SOURCE Sidus Space, Inc.

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Ezee Fiber Connects First Customers in Santa Fe, Accelerates New Mexico Expansion

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HOUSTON, April 21, 2026 /PRNewswire/ — Ezee Fiber, a fast-growing fiber internet company delivering 100% fiber-to-the-home (FTTH) service, announced it has connected its first customers in Santa Fe, New Mexico. This milestone marks the company’s first major step in building its Santa Fe network and expanding multi-gigabit, symmetrical fiber service across the state.

Installations are now underway, giving residents access to Ezee Fiber’s high-performance network, which features symmetrical multi-gig speeds, no data caps, no hidden fees and transparent lifetime pricing. The company also emphasizes locally staffed customer support and a reliable, high-quality experience that sets it apart from legacy providers.

“We’re excited to bring our modern, 100% fiber network to homes the state capital,” said Carlos Rosas, Senior Vice President and General Manager, Southwest Region at Ezee Fiber. “Communities deserve more than basic connectivity. We are focused on delivering ultra-fast speeds, reliability and long-term infrastructure that supports how people live and work today.”

Ezee Fiber began expanding in New Mexico in 2024 and continues to scale rapidly. In addition to Santa Fe, the company is building fiber infrastructure in Albuquerque and surrounding communities, with service activating on a rolling basis as construction is completed.

Residents can expect construction activity to move efficiently through neighborhoods. Ezee Fiber will provide advance notice before work begins and will restore all areas in line with municipal requirements and industry best practices.

Residents can check availability and learn more at ezeefiber.com.

About Ezee Fiber

Ezee Fiber is a rapidly growing fiber internet company delivering premium multi-gig service to residential, business, and government customers over a 100% fiber-optic network—at exceptional value.

The company’s carrier-grade infrastructure spans Texas, New Mexico, Illinois, Oregon, Michigan and Washington, supported by local teams who live and work in the communities they serve. Ezee Fiber’s industry-leading speeds, award-winning customer service, and transparent pricing model set the company apart. Learn more at www.ezeefiber.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ezee-fiber-connects-first-customers-in-santa-fe-accelerates-new-mexico-expansion-302749195.html

SOURCE Ezee Fiber

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CFA Institute calls for functional, proportionate AI oversight to safeguard UK retail investors and market integrity

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LONDON, April 21, 2026 /PRNewswire/ — CFA Institute, the global association of investment professionals, has published its response to the Financial Conduct Authority’s (FCA) Review into the long-term impact of artificial intelligence on retail financial services (the “Mills Review”). CFA Institute welcomes the FCA’s technology-neutral approach, while urging greater operational clarity to ensure responsible AI deployment.

In its submission, CFA Institute supports anchoring AI oversight within the UK’s existing principles-based framework, including the Consumer Duty and the Senior Managers and Certification Regime (SM&CR), rather than introducing a standalone AI rulebook. However, it emphasizes that supervisory expectations must be clearer and more practical as AI systems move from assistive tools to advisory functions and, ultimately, autonomous agents.

CFA Institute argues that regulation should follow what AI systems do for consumers, not how they are labelled or constructed. AI-enabled retail interfaces may generate “advice-like” outcomes, such as personalized product steering or portfolio construction guidance, without formally crossing regulatory thresholds. A substance-over-form approach is therefore essential to prevent regulatory arbitrage and ensure consistent consumer protection.

While the Consumer Duty provides a robust foundation, CFA Institute calls for AI-specific articulation of how its four outcomes apply where decision-making is increasingly delegated to automated systems. In particular, the response highlights a risk of automation bias, which may reduce effective consumer outcomes, especially among vulnerable customers.

Firms should be expected to test, monitor and evidence outcomes based on how consumers actually use AI systems in practice, not solely on how they are intended to function.

The submission also identifies a potential governance gap where firms report formal accountability for AI systems yet lack deep operational understanding of complex or third-party models. CFA Institute recommends clearer expectations around what “reasonable steps” and “meaningful oversight” mean under SM&CR and SYSC when AI is deployed in material retail use cases.

It further calls for:

A proportionate, tiered governance framework aligned to the assistive–advisory–autonomous spectrumClear allocation of end-to-end accountability for consumer outcomesReinforced oversight of third-party AI dependencies and operational resilience risks.

Although retail-focused, the response underscores broader market structure implications, including model concentration, correlated behavior, and third-party dependencies that could amplify volatility in stressed conditions. CFA Institute encourages close coordination between the FCA and the Bank of England, as well as continued alignment with IOSCO and the Financial Stability Board, to reduce fragmentation and support the UK’s global competitiveness.

Finally, CFA Institute stresses that responsible AI adoption depends on developing “hybrid” talent, professionals who combine technological fluency with fiduciary judgement and market expertise. Strengthening professional standards and supervisory capability should form part of the UK’s long-term AI competitiveness strategy.

Olivier Fines, CFA, Head of Advocacy and Capital Markets Policy at CFA Institute, said: “Artificial intelligence has the potential to expand access, improve efficiency and strengthen retail financial services, but only if trust and accountability remain firmly at the center.

“The UK’s principles-based framework is advantageous. The priority now is operational clarity: clear guidance on how the Consumer Duty and SM&CR apply when decision-making is increasingly delegated to AI systems.

“Regulation should follow function, not technological form. Where AI systems effectively shape or execute consumer decisions, protections must apply in substance, not just in label.

“We encourage the FCA to provide practical supervisory guidance by the end of 2026 and to continue close dialogue with industry and international standard-setters. With proportionate safeguards, meaningful oversight and investment in hybrid professional skills, the UK can play a leading role in responsible AI-enabled finance while preserving market integrity and public trust.”

About CFA Institute

As the global association of investment professionals, CFA Institute sets the standards for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors’ interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across more than 160 markets, CFA Institute has 9 offices and 157 local societies. Find us at https://www.cfainstitute.org/ or follow us on LinkedIn, and subscribe on YouTube.

 

 

 

View original content:https://www.prnewswire.co.uk/news-releases/cfa-institute-calls-for-functional-proportionate-ai-oversight-to-safeguard-uk-retail-investors-and-market-integrity-302748558.html

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