Blockchain Press Releases
Artmarket.com: higher Q4 2023 revenue and the connection of its inductive learning proprietary AI tool (Intuitive Artmarket ®) to its databases and its Standardized Marketplace for the certification of primary issues of NFTs
Upcoming news concerning Artprice by Artmarket.com in 2024
PARIS, Feb. 13, 2024 /PRNewswire/ — Artificial Intelligence with Gemini Pro, Chat GPT-5, Art NFTs as seen by Arte TV, Bitcoin ($50 K) and Ethereum, all growing rapidly and all welcome on Artprice.
Artprice is about to introduce its own Intuitive Artmarket ® AI to the Art Market.
Over recent decades, Artprice by Artmarket.com – with its long experience as a pioneer of the Internet since 1987 under its parent company Groupe Serveur – has developed thousands of increasingly powerful and useful proprietary algorithms that have become the foundation of our own artificial intelligence, in strict compliance with all of the various legislative frameworks, notably those regarding personal data protection and intellectual property rights.
The three cornerstones of AI are data, computing power and algorithms. The greater the volume and the higher the quality of the data (standardized big data), the more ‘intelligent’ the models they are used to train become. This process corresponds exactly to the core DNA of Artprice by Artmarket’s operating model which masters both the computer science of programming and the computer science of induction which defines AI.
Our progress in the field of AI was substantially accelerated by our targeted acquisition (initially by Groupe Serveur, then by Artprice) of innovative companies like Xylologic (in 1999) a Swiss company of prestigious scientists (from CERN, WHO, etc.) that was considerably ahead of its time and which already prefigured the birth and development of AI (see our reference document).
A rare occurrence for a company listed on a regulated market, Artprice by Artmarket has twice consecutively obtained the state label “Innovative Company”, subject to strict eligibility conditions, awarded by France’s Public Investment Bank (BPI).
According to thierry Ehrmann, founder of Artprice and CEO of Artmarket.com: “With its proprietary AI – baptized “Intuitive Artmarket ®” – in 2024 Artprice by Artmarket will be able to take each of its 7.2 million customers and members on superb customized journeys of art discovery with lightning speed…
…In the cozy world of major global professional database publishers, it is vital for the long-term development of our industry that we integrate proprietary AI into our core businesses, which is why Artprice by Armarket has acquired a substantial headstart in this domain since 1999 and made 2024 the key year for its Intuitive Artmarket ®. In economic terms, this tool will generate more sophisticated subscription options and therefore more recurring turnover (ARR).
Investors are looking for serious investment opportunities in the field of AI on both sides of the Atlantic.
Our algorithms and billions of proprietary logs along with our texts and tens of millions of artworks from the Artprice databases allow us to identify all the terminology that qualify artists’ universes, their inspiration, the mediums they use, their themes, their shapes and volumes, etc… and then create a syntony by opening up the worlds of the 833,000 artists we follow with their biographies and certified data, going far beyond classic academic visual criteria via the neural networks of our Intuitive Artmarket ® AI.”
Intuitive Artmarket ® will notably calculate the values of artworks based on an analysis of past sales that is specific to Artprice; but it will also be able to anticipate future fluctuations, including for totally unique works. It will also make it possible to identify highly complex transversal artistic trends that largely escape the academic, institutional and university worlds.
Our Intuitive Artmarket® AI will have numerous applications within the scope of Artprice by Artmarket, all offering high-added value and featuring numerous paid services.
Of the many new service projects in 2024 for Artmarket’s clients, we plan to link Intuitive Artmarket® with our Standardized Marketplace® which was created in 2005 and offers over 77,000 artworks at a fixed or biddable price. We also plan to link our Intuitive Artmarket® to all of Artprice by Artmarket’s databases.
Intuitive Artmarket® will constantly assist Artmarket clients – whether art enthusiasts, art market professionals or museum curators – to build and/or manage their collections.
With the analysis of billions of logs, 125 million clipped and tokenized images of artworks, more than ten million auction results (word embedding), Intuitive Artmarket® will be able to provide extremely relevant solutions for customers wishing to start, or manage, an art collection.
To build the collection, Intuitive Artmarket® will provide suggestions for works to acquire based on criteria the client has provided such as the budget allocated over time, the artistic movement(s) the customer is interested in, the preferred medium(s), the favorite artist(s) or similar artists, the preferred dimensions of the works, the favorite acquisition location(s) (in full compliance with the different legislative frameworks on personal data security). It will also be able to identify from the behavioral analysis of the client’s searches certain preferences that neither the client nor an appointed expert might have been aware of. It goes without saying that this analysis via Intuitive Artmarket® will be conducted with the consent of the client as part of his/her paid subscription (in accordance with the terms and conditions enumerated in the General Conditions of Sale and Use attached to his or her subscription).
As regards collection management, Intuitive Artmarket® will update the value of the collection in real-time, not only by taking into account the latest auction results but also by projecting trends with expected results, built on in-depth data analysis.
Intuitive Artmarket® will notify the collector and/or art market professional of sale and/or purchase opportunities, depending on the objectives identified by the collector or the professional over time. These may range from the desire to enhance the pecuniary value of a portfolio to the desire to enhance the artistic value of a collection; everything will be possible via an intuitive configuration.
Contemporary artists will also be able to use this tool to offer their works for sale on our Standardized Marketplace® with higher probabilities of reaching buyers, particularly artists producing NFTs. Bearing in mind all the underlying parameters and data, Artprice is the only platform on the global market that can deal effectively with the certification of primary issues of Art NFTs in an environment of cryptocurrencies alongside the major international currencies.
With Intuitive Artmarket®, it has never been so easy and intuitive to discover the parallel worlds of ‘Online Art’ and ‘Auction House Art’ (we are directly linked to 7,200 auction operators around the world).
In today’s extraordinarily busy world, every minute counts and Intuitive Artmarket® will allow users to explore the Standardized Marketplace® and monitor the global art market with infinitely better results and much more quickly. Less time spent also means less energy spent, which is perfectly in line with Artmarket.com’s eco-responsible approach.
Artificial Intelligence has opened the door to a deluge of IP conflicts such as the legal dispute surrounding Stability AI, the creator of an AI generating synthetic photos, now accused by Getty Images of having extracted millions of images from Getty Images databanks.
ChatGPT is regularly the subject of professional news media headlines like “Is ChatGPT violating copyrights?”… to which the vast majority of lawyers respond that it is nothing more and nothing less than a veritable copyright pillage – and therefore a massive copyright violation engine – which makes OpenAI, for its part, an outright counterfeiter.
And then there is the historic initiative by the Authors Guild, the largest professional association of American writers, which, according to Rolling Stone magazine, filed a class action on 20 September 2023 in a New York Supreme Court against the company Open AI (creator of ChatGPT), accusing it of ‘feeding’ or ‘training’ its large language model (LLM) with their copyright-protected works. Authors Guild President, Maya Shanbhag Lang said, “This is just the beginning… We do not bring this suit lightly. We are here to fight.”
In contrast, Artmarket’s AI (Intuitive Artmarket ®) is based exclusively on its massive proprietary content which is protected under intellectual property law, thereby allowing us to overcome these obstacles and potential prohibitions. In other words, our Intuitive Artmarket ® has no need to look elsewhere for data or for responses to very specific searches from art market amateurs or professionals.
This fact will underpin and generate constant growth in our turnover and guarantee the sustainability of our model, which, in turn, will generate considerable upside potential and peace of mind for Artprice by Artmarket.com’s shareholders. Over the last two decades Artprice has recorded, observed and induced hundreds of millions of human decisions in relation to the art market. This market is of course infinitely complex due to the heterogeneous and singular nature of art on the other hand, and the abstract notion of beauty at the limits of human emotion on the other.
The algorithmic learning that has fueled our AI has allowed Artprice to create AI models that are unique to the specific world of the Art Market and which constitute Artprice by Artmarket’s strongest revenue-generating power.
For over 20 years, Artprice by Artmarket has gradually stabilized its ‘alignment problem’, a key issue for the successful genesis then construction of its AI (Intuitive Artmarket®). For the Artprice group, the so-called ‘alignment problem’ means all of the scientific and ethical questions raised by the relationship of its artificial intelligence system (and its induced results) with the values, expectations and human sensitivities specific to the Artprice by Artmarket group, its clients and the intangible and centuries-old rules of the art market.
Artmarket’s AI (Intuitive Artmarket ®) will be supervised by ‘prompt engineers’, a new career that includes the programming and management of proprietary AI.
The possibilities offered by properly managed AI are therefore immense, which explains its popularity: Microsoft ® Bing Chat now attracts more than 100 million active users per day with a commitment to responsible AI that respects copyright and copyright-related rights.
Microsoft has already started rolling out Bing Chat for Business and Microsoft Copilot in paid subscription mode.
Microsoft’s Copilot® works with GPT-4 Turbo, the new DALL-E 3 model, and is now Microsoft’s spearhead service at the heart of its 365 Business Premium and Business Standard licenses. Indeed, Microsoft has clearly demonstrated that its AI Copilot® is a very powerful accelerator of its sales of ‘365’ subscriptions to its cloud, thereby confirming the viability of this AI economic model for Artprice and its Intuitive Artmarket®.
Via thousands of beta test searches on the art market and on artists, Artprice by Artmarket.com has observed that Bing IA GPT-4 regularly cited Artprice and Artmarket.com URLs in reference to its sources. Microsoft® Bing works in partnership with OpenAI to deliver an experience that encourages responsible use. Likewise, Chat GPT-4 Pro is in paid mode on Apple iOS and Android.
For reference, one of the best-known neural networks is the Google search algorithm that Artprice has studied and analyzed daily since 1999. Since the beginning of 2023, Artprice Inc., our American subsidiary, has been following the development of Google Bard and notably since the release on 8 February 2024 of its Gemini Pro AI with its Ultra 1.0 interface, a direct competitor to GPT-4. Gemini is a prototype chatbot (an experimental conversational AI service) built by Google based on its LaMDA language model. Here too, Artprice engineers measured the searches on Google Bard and Gemini specific to the art market and noted a high volume of responses relative to links to Artprice databases.
One of the G7’s major concerns is the rapid adoption of regulations on AI.
Europe, and particularly France, wants to make the European continent one of the world leaders in AI, and it is interesting to note that the first texts regulating artificial intelligence are currently being passed into law.
“The Council of the European Union approves a text to regulate artificial intelligence”
On Friday 2 February 2024, representatives of EU member states approved new legislation on artificial intelligence. Once voted by the European Parliament, this legislation will constitute a global first. Artprice by Artmarket has participated in the debates that have contributed to this legislation via its lawyers and advisors. This new legislation establishes specific constraints, notably regarding personal data, as well as copyright protection and thorough source quotation.
Initially drafted in 2021, the first version of the text had to be completely overhauled because of the evolution of artificial intelligence in recent years.
The European project to regulate artificial intelligence (AI) reached a new milestone on Friday, 2 February 2024. “Today the 27 Member States unanimously approved the political agreement concluded in December recognizing the balance found by the negotiators between innovation and security”, announced the European Commissioner for the Internal Market, Thierry Breton, on X. The negotiators of the European Parliament and the Council, co-legislators, had reached an agreement in principle on 8 December 2023.
The regulation, called the “AI Act”, aims to regulate both the use and the development of artificial intelligence. It is the first such legislative framework in the world. According to a press release from the European Parliament in December 2023, the text “aims to ensure that fundamental rights, democracy, the rule of law and ecological sustainability are protected against high-risk AI, while boosting innovation and making Europe a leader in the field”.
Certain uses of these new technologies will be prohibited, such as social rating and behavior manipulation. The most risky practices will have to meet reinforced requirements, such as an obligation of transparency or the implementation of human control over the software.
These various provisions and amendments are very positive for Artprice by Artmarket.
According to the best Anglo-Saxon financial analysts, who are one step ahead of Europe on this subject, the only economically viable model – i.e. one that does not expose the economic entity (whatever its size) to incessant legal proceedings – is an AI-based on an extremely well-defined economic segment.
The economic segment must have information that plays an absolutely vital role, full intellectual property of the entirety of Big Data (including Data Mining), of the copyright and related rights confirmed on all algorithms, databases, with machine learning (deep learning) and neural networks.
In short, the AIs that will triumph with very substantial economic gain and without major industrial or legal risk, are the economic entities that own, in full intellectual property, all of the different stages of the proprietary AI in a defined market segment where expensive high added-value information plays a vital role. And this is exactly the case of the Intuitive Artmarket ® AI developed by Artprice by Artmarket.com
Our Intuitive Artmarket ® AI has been designed in total recognition of this reality.
The following paragraph was largely generated by our Intuitive Artmarket ® AI system
According to thierry Ehrmann, a pioneer of the Internet and databanks since 1987 with his Groupe Serveur, parent company of Artprice (Who’s Who In France biography: https://imgpublic.artprice.com/img/wp/sites/11/2024/02/2024_Biographie_thierry_Ehrmann_WhosWhoInFrance.pdf), and Founder of Artprice & CEO of Artmarket, the Group’s guiding principle for its AI is very simple: “There cannot be artificial intelligence without human intelligence”.
The certification by Artprice of NFT primary issues
Release of the ARTE documentary in 5 languages: “NFT, Chaos in the art world“
https://www.arte.tv/fr/videos/RC-024624/nft-chaos-dans-le-monde-de-l-art/
Throughout this documentary, thierry Ehrmann, visual artist, NFT artist and Founding CEO of Artprice.com, delivers his analysis accompanied by other artists, experts and international players in the world of Art NFTs.
Any attempt to understand the significance of NFTs in Art History requires an appreciation of the digital and cultural revolution that they represent and some kind of prediction regarding their role and impact over the short and medium term.
Artprice by Artmarket.com can confirm that for the first half of 2024, the Art NFT phenomenon is becoming a lasting segment of the art market on all continents, with new legislation that is currently much more favorable in the USA. Meanwhile, European lawmakers are working on a regulatory framework that will prevent cryptocurrencies being used for money laundering and bring confidence to consumers, investors and operators.
This framework has been the subject of studies, conferences and proposals to major French and European government bodies by the Art & Law Institute with which Artprice by Artmarket has been heavily involved as a historical member since 1997.
According to thierry Ehrmann “In its various annual reports on the Art Market and the regulated information it publishes as a listed company, Artprice by Artmarket.com has always said with regard to NFTs that it is impossible to apprehend this new market without a true understanding of Blockchain, crypto-currencies and their cultural origins among the Cypherpunks (period of PGP-type data encryption at the beginning of the 1990s).”
Indeed, OpenSea, the leading NFT platform, itself declared that 80% of primary issues of Art NFTs are likely to impact third-party intellectual property rights. Faced with this observation, Opensea announced it is considering solutions to counter this problem and thereby protect sellers and buyers. This can only lead to the certification of the primary issue market by Artprice.
Bearing in mind all the underlying parameters and data required, Artprice by Artmarket is the only organization on the global art market to be able to truly respond to the certification of primary issues of Art NFTs in an environment of cryptocurrencies and major international currencies.
This capacity to certify the primary issues of Art NFTs is based on the fact that Artprice by Artmarket has been the Global Leader in Art Market Information for more than 27 years and is the creator and owner of its globally recognized databases. It also has the world’s largest documentary collection of art market notes, manuscripts, codices and annotated sales catalogs from 1700 to the present day, which act as a guarantee of the authenticity and historical veracity of its databases.
More precisely, we cannot allow the offer of an artwork or of an Art NFT to be posted online without validation of the identity of the artist and of the professional seller, via a very strict and draconian control procedure. In the context of the sale of NFTs, this is all the more important as there is a certain laxity at this level, which has led to numerous problems on other sites.
The added value of Artprice by Artmarket is quite simply its knowledge of the artists, either through their previous auction results or through their emerging notoriety. In addition, an Artprice Intranet messaging system is made available to buyers and sellers, so that they can agree on their transaction in a confidential and consensual manner.
With its Metaverse – the ultimate and inevitable outcome of the NFT revolution – Artprice by Artmarket aims to be the most successful and competitive Art NFT platform.
The Metaverse will guarantee the exponential and continued growth of the art market through NFTs. Alongside the Metaverse, there is the Blockchain and its smart contracts to allow fair remuneration for artists, with copyright bodies such as the ADAGP (in France), to which Artprice has long been affiliated in order to support artists.
Three years ago Artprice recognised that Ethereum would become the reference Blockchain for smart contracts in the Art NFT Market. Christie’s 3.0 is also based on the Ethereum Blockchain since 2022.
According to a study conducted by Artprice by Artmarket:
“All of the art market’s market-makers, and in particular the majority of its auction houses around the world, now have an NFT department for cataloged and online sales throughout the year. Likewise, all the major structures in the museum /art gallery industry are starting to publish their own NFTs. The vast majority of the major players in the art market have chosen the Ethereum Blockchain whose smart contract ensures a transparent and tamper-proof market.
Digital Art – first created in the 1980s – is finally emerging and is appealing to nearly half a billion Art NFT enthusiasts at costs that are now very accessible. The authenticity and traceability of the purchase or sale of Art NFTs is now guaranteed by Blockchain. Samsung TV’s Tizen OS, loaded on several hundred million Smart TVs, offers direct access to the ” NFT Art” application among its automatically installed apps, between Netflix and YouTube.
There are already more than 54,000 artists identified by Artprice who directly produce their NFTs for their buying public, and this is only the very beginning of a total paradigm shift.
According to many sociologists, art historians and analysts, the advent of NFTs is a major event that definitively modifies the structure of the art market and its players as it has been since 1950.
Artmarket.com: after including cryptocurrencies alongside traditional currencies for auction results in 2022, the Artprice Standardized Marketplace® has now integrated Bitcoin and Ethereum for buying and selling artworks
thierry Ehrmann, the CEO of Artprice by Artmarket: “We were patiently waiting for the right moment to launch this key deployment in the history of Artprice by Artmarket in the best conditions for both the art market and for cryptocurrencies. It is now time for us to take the step of deploying our authoritative Standardized Marketplace® and opening it to the world of cryptocurrencies and NFTs, by entering Web 3.0. which is quite simply the immediate future of the Internet. This step would not have been possible without the knowledge and experience of Artprice, which has been the Global Leader in Art Market Information for more than 25 years.
Every day Artprice’s Standardized Marketplace® offers more than 77,000 artworks from all over the world. These works are bought and sold by 7.2 million customers and members of Artprice, generating an annual trading volume estimated at several hundred million euros. This platform demonstrates the trust built over more than 18 years between buyers and sellers. It was therefore natural that after adding cryptocurrencies to the means of payment, Artprice should also endow the platform with a new category/medium, Art NFTs, as a sign of their legitimate entry into Art History and the history of the art market.”
The decision to quote cryptocurrency prices on our Standardized Marketplace® was taken after a long and careful observation of an increasing consultation of auction results in Bitcoin and Ethereum across all of Artprice’s databases since their effective integration into our system in September 2022.
These two main cryptocurrencies (ETH and BTC) account for more than 92% of the total value of the approximately 23,000 currently existing cryptocurrencies (excluding stablecoins).
By analyzing its hundreds of millions of connection logs, Artprice has observed – over 17 months – a regular increase in consultations of the Bitcoin and Ethereum prices in its databanks, which are now, in statistical terms, close to the consultations of the major international reference currencies such as the dollar, the euro, sterling and the yen.
This evolution at Artprice reflects the growing place of cryptocurrencies in the mentalities and habits of art professionals as well as among collectors and art enthusiasts.
But the major event in cryptocurrencies is notably BlackRock’s (the largest asset manager in the world) and Fidelity’s introduction of ETFs directly invested in Bitcoin (Bitcoin spot ETFs) authorized by the SEC on 11 January 2024. This is a real consecration for Bitcoin which on 9 February 2024 was quoted at around 49,000 dollars, while Ethereum was at $2,500 (ETH ETFs are expected very soon).
BlackRock and Fidelity have achieved the best ETF launches in 30 years thanks to Bitcoin. In their first month of trading, the “IBIT” and “FBTC” funds raised $6.5 billion, which is more than any of the 5,500 other index funds launched before them (according to Les Échos of 10 January 2024: “Bitcoin ETF: the SEC opens the doors of Wall Street wide to Bitcoin“.
This is a new record for Bitcoin. Of the 5,535 ETFs launched over the last thirty years, none have gotten off to such a strong start as BlackRock’s ‘IBIT’ and Fidelity’s ‘FBTC’, said Bloomberg expert Eric Balchunas.
This allows retail and professional investors to gain exposure to the largest cryptocurrency by market capitalization, without having to directly hold the asset.
Via cryptocurrencies, new collectors and art enthusiasts have been attracted to the art market, often younger than their predecessors. Not averse to speculation and the excitement of taking risks, these art enthusiasts and collectors solidly welded to their crypto-universe of Web 3.0.
The near future of Artprice by Artmarket is the meeting place between Web 3.0. (Metaverse and NFT) and Artprice’s artificial intelligence, its Intuitive Artmarket ® AI.
For this reason, Artprice is currently finalizing the Metaverse of its head office located in the heart of its illustrious L’Organe, Museum of Contemporary Art which manages the Demeure du Chaos / Abode of Chaos (dixit The New York Times). To create the Metaverse of this edifice with its highly singular architecture (that falls into the category “total work of art”) created by thierry Ehrmann (who is also a visual artist), the European group TT Géoomètres Experts with its 3D Lab and Groupe Serveur (Artprice’s parent company) carried out the complete digitization of the 6,300 artworks integrated into the buildings, offices, outbuildings and surrounding walls, covering a surface area of over 7,555 m², leading to the creation of a digital asset of 12 terra-bytes. This work was conducted from 2018 to 2023. For more information see:
https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf
All the necessary investments have already been fully covered by Groupe Serveur.
The Artprice Metaverse, accessible in AR (augmented reality) and/or VR (virtual reality), currently being finalized, must be designed to make people forget rigid IT with Web 2.0, a real obstacle to creation. It should allow crypto-universe enthusiasts to live their experience fully, in particular through the general release in the USA on 2 February 2024 of the Apple® Vision Pro, which offers spatial computing. Meanwhile, all of the American tech giants are massively investing in AR/VR headsets and glasses.
Furthermore, the difficult economic context did not stop Ethereum’s transition to “The Merge” on 15 September 2022 for the completely decarbonized Ethereum 2.0 Blockchain (against the backdrop of a global energy crisis. Indeed, according to its Founder Vitalik Buterin, thanks to “The Merge”, the electricity consumption of the ETH Blockchain shrank by more than 99.95% by switching from ‘Proof of Work’ (PoW) to ‘Proof of Stake’ (PoS). The year 2024 will see the new version “The Surge” (EIP-4844) allowing transaction costs to shrink as well (Source Ethereum Foundation).
The near future is approaching fast and Artprice by Artmarket is at the forefront of this paradigm shift.
Images:
[https://imgpublic.artprice.com/img/wp/sites/11/2024/02/image1_ai_intuitive_artmarket.jpg]
[https://imgpublic.artprice.com/img/wp/sites/11/2024/02/image2-ghost-ship.jpg]
Copyright 1987-2024 thierry Ehrmann www.artprice.com – www.artmarket.com
- Don’t hesitate to contact our Econometrics Department for your requirements regarding statistics and personalized studies: [email protected]
- Try our services (free demo): https://www.artprice.com/demo
- Subscribe to our services: https://www.artprice.com/subscription
Artmarket.com is listed on Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.
Discover Artmarket and its Artprice department on video: www.artprice.com/video
Artmarket and its Artprice department was founded in 1997 by its CEO, thierry Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur, created in 1987.
See certified biography in Who’s who ©:
Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information (the original documentary archives, codex manuscripts, annotated books and auction catalogs acquired over the years ) in databanks containing over 30 million indices and auction results, covering more than 825,000 artists.
Artprice by Artmarket, the world leader in information on the art market, has set itself the ambition through its Global Standardized Marketplace to be the world’s leading Fine Art NFT platform.
Artprice Images® allows unlimited access to the largest Art Market image bank in the world: no less than 180 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians.
Artmarket with its Artprice department accumulates data on a permanent basis from 7200 Auction Houses and produces key Art Market information for the main press and media agencies (7,200 publications). Its 7.2 million (‘members log in’+social media) users have access to ads posted by other members, a network that today represents the leading Global Standardized Marketplace® to buy and sell artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 of Article L 321.3 of France’s Commercial Code).
Artmarket, with its Artprice department, has twice been awarded the State label “Innovative Company” by the Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market.
Artprice by Artmarket publishes its 2023 Contemporary Art Market Report:
https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2023
Artprice by Artmarket’s Global Art Market Report, “The Art Market in 2022”, published in March 2023:
https://www.artprice.com/artprice-reports/the-art-market-in-2022
Index of press releases posted by Artmarket with its Artprice department:
https://serveur.serveur.com/artmarket/press-release/en/
Follow all the Art Market news in real time with Artmarket and its Artprice department on Facebook and Twitter:
www.facebook.com/artpricedotcom/ (over 6.5 million followers)
Discover the alchemy and universe of Artmarket and its artprice department https://www.artprice.com/video headquartered at the famous Organe Contemporary Art Museum “The Abode of Chaos” (dixit The New York Times): https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013
La Demeure du Chaos / Abode of Chaos
GESAMTKUNSTWERK & SINGULAR ARCHITECTURE
Confidential bilingual work now public:
https://ftp1.serveur.com/abodeofchaos_singular_architecture.pdf
- L’Obs – The Museum of the Future: https://youtu.be/29LXBPJrs-o
- www.facebook.com/la.demeure.du.chaos.theabodeofchaos999 (over 4 million followers)
- https://vimeo.com/124643720
Contact Artmarket.com and its Artprice department – Contact: Thierry Ehrmann, [email protected]
Photo – https://mma.prnewswire.com/media/2339778/Artmarket_1.jpg
Photo – https://mma.prnewswire.com/media/2339777/Artmarket_2.jpg
Logo – https://mma.prnewswire.com/media/2260897/4543220/Artmarket_logo.jpg
Blockchain
Blocks & Headlines: Today in Blockchain – April 2, 2025 | Featuring Ambient, Blockchain Association, Beyond Medical Technologies, and UK Trade Bodies
In the ever-evolving world of blockchain and cryptocurrency, today’s news highlights transformative shifts that continue to reshape the digital landscape. From groundbreaking funding rounds to leadership transitions, and from pioneering applications in healthcare to calls for robust regulatory support, our daily briefing provides a deep dive into the most significant developments of the day. In this comprehensive op-ed-style analysis, we explore five major stories that not only underscore current trends but also offer insights into the future of blockchain, Web3, DeFi, and NFTs.
This article is structured into distinct sections. We begin with an exploration of Ambient’s ambitious funding round aimed at developing a revolutionary blockchain alternative to Bitcoin. Next, we examine the leadership change at the Blockchain Association following Kristin Smith’s departure, and its implications for industry advocacy and innovation. We then turn our attention to the promising intersection of blockchain technology and data security within the medical devices sector, followed by Beyond Medical Technologies’ strategic private placement to advance blockchain infrastructure. Finally, we discuss how UK trade bodies are lobbying for a more aggressive national push toward blockchain and crypto innovation. Throughout the article, our engaging, opinion-driven tone provides not only a summary of events but also critical analysis and commentary on their broader implications.
The digital frontier is advancing at breakneck speed, and blockchain technology remains at its core. As traditional financial systems and emerging digital ecosystems converge, the need for secure, transparent, and efficient technologies has never been more pressing. Today’s briefing delves into these vital developments, offering insights for investors, developers, regulators, and enthusiasts alike.
Introduction: Navigating a New Era in Blockchain and Cryptocurrency
Blockchain and cryptocurrency are at the heart of a technological revolution that is fundamentally altering the way we think about finance, data security, and digital governance. As decentralized technologies continue to mature, they are pushing the boundaries of what is possible in a world increasingly defined by rapid digital transformation. Innovations in blockchain are not just reshaping financial transactions but are also permeating industries as diverse as healthcare, supply chain management, and public policy.
In today’s briefing, we highlight several key trends that encapsulate the current state of the blockchain industry:
-
Funding and Investment: Ambient’s recent $74 million funding round underscores the growing confidence of investors in blockchain innovations that aim to address the limitations of legacy systems such as Bitcoin.
-
Leadership and Governance: The departure of Kristin Smith as CEO of the Blockchain Association signals potential shifts in advocacy and strategic direction within the industry.
-
Industry Applications: The use of blockchain for enhancing data security in medical devices demonstrates the technology’s broad applicability beyond finance, offering solutions to critical challenges in healthcare.
-
Infrastructure Development: Beyond Medical Technologies’ private placement emphasizes the importance of building robust blockchain infrastructure to support next-generation applications.
-
Regulatory and Policy Support: The proactive stance of UK trade bodies, as evidenced by their call to No. 10, highlights the role of governmental and regulatory support in fostering a thriving blockchain ecosystem.
These themes are not isolated; they interconnect to form a dynamic narrative of growth, challenge, and opportunity in the blockchain space. In the following sections, we will explore each story in detail, drawing on diverse sources and expert insights to offer a comprehensive view of today’s most pressing issues.
Ambient’s $74 Million Funding Round: Building a Blockchain Replacement for Bitcoin
A New Contender in the Blockchain Arena
In a striking display of investor confidence, Ambient has successfully raised $74 million to build a blockchain platform designed as a next-generation alternative to Bitcoin. This ambitious project aims to address the scalability, efficiency, and environmental challenges that have long plagued the original cryptocurrency. Ambient’s innovative approach focuses on creating a more sustainable and adaptable blockchain infrastructure that can better meet the demands of modern digital transactions.
Source: PYMNTS
Ambient’s funding round is a significant milestone not only for the company but also for the broader blockchain industry. In a market that has seen volatility and regulatory scrutiny, securing substantial investment indicates a strong belief in the technology’s potential to revolutionize digital finance. Investors are drawn to Ambient’s vision of a high-performance blockchain that prioritizes speed, security, and environmental sustainability—qualities that many believe are lacking in Bitcoin’s proof-of-work model.
Key Innovations and Technological Advancements
Ambient’s project is built on several groundbreaking innovations aimed at overcoming the inherent limitations of current blockchain protocols:
-
Scalability: The new platform is engineered to handle a significantly higher transaction volume than Bitcoin, ensuring smooth and rapid processing even during peak demand.
-
Energy Efficiency: By employing a more efficient consensus mechanism, Ambient’s blockchain is designed to reduce energy consumption drastically, addressing one of the most critical criticisms of traditional proof-of-work systems.
-
Interoperability: Ambient is committed to creating a blockchain that can seamlessly interact with other digital systems, paving the way for broader integration across different sectors, including DeFi and NFTs.
-
Security Enhancements: Advanced cryptographic techniques and innovative network protocols form the backbone of Ambient’s approach to security, ensuring robust protection against potential cyber threats and data breaches.
Market Implications and Strategic Significance
The successful funding of Ambient’s project signals a broader shift in investor sentiment toward blockchain platforms that promise not only technological improvements but also sustainable growth. This development has several key implications for the industry:
-
Rethinking Legacy Systems: The move to develop a blockchain replacement for Bitcoin reflects a growing recognition that the first-generation cryptocurrency model has limitations that newer platforms can overcome.
-
Investor Confidence: The ability to secure $74 million in funding indicates robust market confidence in the potential for innovative blockchain solutions to capture significant market share.
-
Environmental Considerations: With increasing global focus on sustainability, Ambient’s energy-efficient model aligns well with emerging regulatory trends and public expectations, positioning the company favorably in a competitive landscape.
-
Catalyst for Innovation: Ambient’s ambitious project may serve as a catalyst for further innovation within the blockchain space, inspiring other startups to explore novel approaches to scalability and efficiency.
Our Analysis and Future Outlook
In our opinion, Ambient’s funding round is a landmark event in the evolution of blockchain technology. It reflects not only the maturation of the industry but also the growing appetite for solutions that can address real-world challenges associated with legacy systems like Bitcoin. Ambient’s vision for a more scalable, secure, and sustainable blockchain is particularly timely as the demand for decentralized solutions continues to rise. As Ambient moves forward, its success will likely hinge on its ability to execute its ambitious roadmap while navigating the regulatory and technical challenges that come with pioneering new technology. Investors, developers, and policymakers will be watching closely as Ambient strives to set a new standard for blockchain infrastructure in the digital age.
Leadership Transition at the Blockchain Association: Kristin Smith Steps Down
A Shift in Industry Advocacy
In a move that has sparked considerable discussion within the blockchain community, Kristin Smith has stepped down as CEO of the Blockchain Association. This leadership transition marks a significant turning point for one of the industry’s most influential advocacy organizations. Smith’s departure raises important questions about the future direction of the Blockchain Association and its role in shaping public policy and industry standards.
Source: Decrypt
Kristin Smith’s tenure was marked by vigorous advocacy for blockchain innovation and regulatory clarity. Under her leadership, the Blockchain Association worked tirelessly to promote a regulatory environment that would foster technological advancement while protecting consumer interests. With her departure, the organization now faces the challenge of maintaining its momentum and ensuring that its advocacy efforts continue to reflect the rapidly evolving landscape of blockchain technology.
Implications for the Blockchain Community
Smith’s exit from the Blockchain Association has several implications:
-
Leadership and Vision: The departure of a long-standing leader like Smith can lead to a period of introspection and recalibration within the organization. Stakeholders will be keenly interested in the new leadership’s vision and strategic priorities.
-
Regulatory Influence: The Blockchain Association has been a key player in lobbying for policies that support blockchain innovation. Changes in its leadership may influence how the organization interacts with policymakers and shapes regulatory frameworks.
-
Industry Confidence: Leadership transitions in influential organizations can have a ripple effect on industry confidence. While some may view the change as a challenge, others see it as an opportunity for fresh ideas and renewed advocacy efforts.
-
Strategic Direction: With a new leader at the helm, the Blockchain Association may adopt a different approach to industry collaboration and policy advocacy. This could lead to a shift in focus on emerging areas such as DeFi, NFTs, and Web3 innovations.
Our Perspective on the Transition
From our perspective, Kristin Smith’s departure is both a loss and an opportunity. While her contributions to the Blockchain Association and the broader industry are undeniable, change often paves the way for new perspectives and innovative approaches. The Blockchain Association now has the chance to reassess its priorities and adapt to the rapidly changing digital landscape. It is essential for the organization to remain agile and responsive, continuing to advocate for policies that promote growth while addressing the challenges of regulation and market volatility.
As the blockchain ecosystem continues to evolve, the role of industry advocacy groups like the Blockchain Association will be more critical than ever. Their ability to bridge the gap between innovators, regulators, and the public will play a pivotal role in shaping the future of blockchain technology. We look forward to seeing how the organization reinvents itself and continues to drive positive change in the industry.
Blockchain in Healthcare: Data Security and Medical Device Applications
Securing the Future of Medical Technology
In an era where data breaches and cyber threats are increasingly common, the application of blockchain technology in healthcare has emerged as one of the most promising developments. According to a recent article by Medical Device Network, blockchain’s ability to provide secure, immutable records is revolutionizing data security in medical devices. The technology offers a compelling solution to the challenges of maintaining data integrity, protecting patient information, and ensuring compliance with stringent regulatory standards.
Source: Medical Device Network
Blockchain’s application in healthcare extends far beyond data security. Its decentralized and tamper-proof nature makes it ideally suited for managing sensitive medical records, tracking the lifecycle of medical devices, and ensuring the authenticity of pharmaceutical products. By leveraging blockchain, healthcare providers can mitigate risks associated with data breaches, streamline regulatory compliance, and enhance overall patient safety.
Transformative Potential for the Medical Sector
The integration of blockchain into medical device security offers several transformative benefits:
-
Enhanced Data Integrity: Blockchain’s immutable ledger ensures that once data is recorded, it cannot be altered or deleted, thereby preserving the accuracy and reliability of medical records.
-
Improved Traceability: In the context of medical devices, blockchain enables comprehensive tracking of device history—from manufacturing to deployment—helping to identify potential safety issues and prevent counterfeit products.
-
Regulatory Compliance: With its inherent transparency, blockchain simplifies the process of complying with regulatory requirements, making it easier for healthcare providers to demonstrate adherence to data protection standards.
-
Patient Empowerment: By enabling secure sharing of medical records, blockchain empowers patients to control their personal health information while ensuring that it is accessible to authorized parties.
Strategic Implications for Healthcare Providers
The adoption of blockchain in healthcare is a strategic imperative for medical device manufacturers, healthcare providers, and regulatory bodies. As cyber threats continue to evolve, securing sensitive data has become a top priority. Blockchain offers a robust framework that not only enhances security but also improves operational efficiency and patient trust.
In our view, the integration of blockchain technology in healthcare is one of the most significant advancements in data security in recent years. It represents a shift from reactive security measures to proactive, technology-driven solutions that address the root causes of data vulnerabilities. Healthcare organizations that embrace blockchain will be better positioned to safeguard patient data, comply with regulations, and ultimately improve clinical outcomes.
Our Analysis and Future Prospects
From our perspective, blockchain’s role in healthcare is still in its early stages, but its potential is immense. The technology promises to transform the medical sector by providing a secure, transparent, and efficient method for managing critical data. As more healthcare providers recognize the benefits of blockchain, we anticipate widespread adoption that will drive innovation, enhance patient safety, and set new standards for data security in medical technology.
Beyond Medical Technologies’ Private Placement: Advancing Blockchain Infrastructure
Driving Innovation Through Capital Infusion
In a strategic move aimed at accelerating the development of blockchain infrastructure, Beyond Medical Technologies has announced a private placement designed to fund its ambitious projects. This initiative is a testament to the growing recognition of blockchain as a critical infrastructure technology with applications that extend far beyond healthcare.
Source: Newsfile Corp
Beyond Medical Technologies’ private placement is a clear indicator that investors are increasingly committed to supporting the advancement of robust blockchain platforms. The capital raised will be used to enhance the company’s technological capabilities, develop innovative blockchain solutions, and expand its market presence. By focusing on infrastructure, Beyond Medical Technologies aims to lay the foundation for scalable, secure, and interoperable blockchain applications that can serve a wide range of industries.
Strategic Objectives and Technological Impact
The private placement represents a significant milestone for Beyond Medical Technologies, with several key objectives:
-
Infrastructure Development: The funds will be used to build and optimize blockchain networks that are capable of handling large-scale transactions and complex data interactions.
-
Innovation Acceleration: Investment in research and development will drive innovation, enabling the creation of new blockchain-based solutions that address pressing challenges in data security, supply chain management, and digital identity.
-
Market Expansion: The capital infusion will support efforts to penetrate new markets and forge strategic partnerships, positioning Beyond Medical Technologies as a leader in the blockchain infrastructure space.
-
Enhanced Interoperability: A major focus will be on developing blockchain platforms that can seamlessly interact with existing digital systems, facilitating greater integration and adoption across diverse sectors.
Broader Implications for the Blockchain Ecosystem
Beyond Medical Technologies’ strategic move is emblematic of a broader trend in the blockchain industry—one where significant investments are being funneled into foundational technologies that promise to drive long-term growth. By strengthening blockchain infrastructure, companies like Beyond Medical Technologies are paving the way for a new wave of applications that will revolutionize how data is managed, secured, and shared across digital ecosystems.
In our opinion, this capital infusion is a critical step toward realizing the full potential of blockchain technology. It signals a shift from experimental deployments to the establishment of reliable, enterprise-grade platforms that can support the digital economy of tomorrow. The success of such initiatives will be instrumental in determining how quickly blockchain technology can be mainstreamed across industries.
UK Trade Bodies Advocate for a National Blockchain and Crypto Push
A Call to Action for National Innovation
In a powerful demonstration of industry influence, trade bodies in the United Kingdom have collectively written to No. 10 Downing Street, urging the government to take decisive action in promoting blockchain and cryptocurrency innovation. This coordinated appeal reflects a growing consensus among industry leaders that national support is essential to drive competitiveness and secure the UK’s position in the global digital economy.
Source: Finextra
The letter from UK trade bodies outlines several key recommendations aimed at fostering a supportive regulatory environment and stimulating investment in blockchain and crypto initiatives. Among the proposals are measures to streamline regulatory processes, increase public funding for blockchain research, and establish partnerships between government agencies and private sector innovators. The overarching goal is to create a dynamic ecosystem that encourages innovation, supports startups, and accelerates the adoption of digital finance solutions.
Strategic Importance and National Impact
The call for a national blockchain and crypto push is not merely about industry growth; it is a strategic imperative for the UK’s economic future. Key points raised by the trade bodies include:
-
Enhancing Global Competitiveness: By investing in blockchain technology, the UK can position itself as a global leader in digital innovation, attracting talent and investment from around the world.
-
Job Creation and Economic Growth: A thriving blockchain ecosystem has the potential to create new jobs and drive economic growth, particularly in high-tech sectors and digital services.
-
Regulatory Clarity and Investor Confidence: Clear and supportive regulatory frameworks are essential for building investor confidence and encouraging long-term investment in blockchain and cryptocurrency projects.
-
Public-Private Collaboration: Strengthening ties between government agencies, academia, and the private sector will be critical to driving forward research, development, and adoption of blockchain solutions.
Our Analysis and Future Prospects
In our view, the proactive stance taken by UK trade bodies is a welcome development that could serve as a blueprint for other nations looking to harness the power of blockchain technology. The proposed measures have the potential to unlock significant economic opportunities and propel the UK to the forefront of the digital revolution. However, the success of such initiatives will depend on the government’s ability to translate these recommendations into actionable policies that balance innovation with necessary oversight.
As the global race for blockchain dominance intensifies, national strategies that foster collaboration, streamline regulation, and incentivize investment will be key determinants of success. The UK’s efforts in this regard may well shape the future of blockchain innovation on a global scale.
Synthesis and Strategic Insights: Today’s Major Takeaways in Blockchain and Cryptocurrency
Intersecting Trends and Emerging Themes
Today’s briefing highlights several intersecting trends that are collectively reshaping the blockchain and cryptocurrency landscape:
-
Innovation Through Investment: Ambient’s $74 million funding round and Beyond Medical Technologies’ private placement underscore the critical role of capital in driving technological advancements and infrastructure development in the blockchain space.
-
Leadership and Governance Transitions: The departure of Kristin Smith as CEO of the Blockchain Association marks a turning point in industry advocacy, with potential shifts in regulatory engagement and strategic priorities.
-
Expanding Applications: Blockchain’s transformative impact is evident not only in digital finance but also in sectors such as healthcare, where its application in data security for medical devices is setting new benchmarks for trust and transparency.
-
National and Global Policy Initiatives: The proactive efforts by UK trade bodies to galvanize government support highlight the importance of a coordinated policy approach in fostering a vibrant blockchain ecosystem.
-
The Dual Nature of Blockchain: While blockchain continues to revolutionize industries with its decentralization and transparency, the need for robust regulatory frameworks and ethical oversight remains paramount to prevent misuse and ensure sustainable growth.
Strategic Recommendations for Industry Stakeholders
Based on our analysis of today’s stories, here are several key strategic recommendations for those involved in the blockchain and cryptocurrency space:
-
Embrace Innovation with Caution: While investment in next-generation blockchain platforms is essential, organizations must also implement rigorous security and compliance measures to safeguard against vulnerabilities.
-
Foster Leadership and Collaboration: As industry leadership transitions occur, it is critical to maintain a collaborative approach that leverages diverse perspectives and drives unified advocacy for blockchain-friendly policies.
-
Expand Use Cases: Companies should explore and invest in emerging applications of blockchain beyond finance, particularly in healthcare, supply chain management, and digital identity, to unlock new value propositions.
-
Engage with Policymakers: Active dialogue with regulatory bodies and government agencies is essential to shape policies that support innovation while protecting consumer interests.
-
Invest in Infrastructure: Continuous investment in blockchain infrastructure and technological upgrades will be vital to building scalable, secure, and interoperable systems capable of supporting the digital economy of the future.
Our Perspective on the Future of Blockchain and Cryptocurrency
In our expert opinion, the blockchain and cryptocurrency sectors are poised for significant transformation. The infusion of capital, coupled with strategic policy initiatives and a broader recognition of blockchain’s potential across various industries, signals a bright future for decentralized technologies. However, success will depend on striking a balance between rapid innovation and the establishment of robust governance frameworks. As the industry continues to mature, collaboration between investors, technology developers, and policymakers will be the key to unlocking sustainable growth and ensuring that blockchain technology delivers on its promise of transparency, efficiency, and inclusivity.
Conclusion: Today’s Blockchain Landscape and the Road Ahead
Today’s blockchain briefing has provided a detailed snapshot of an industry in flux. We have explored Ambient’s bold move to challenge Bitcoin’s dominance with a new, scalable blockchain platform, examined the significant leadership shift at the Blockchain Association, and highlighted the groundbreaking application of blockchain in securing medical devices. Additionally, Beyond Medical Technologies’ private placement and the UK’s strategic push for a blockchain and crypto revolution underscore the importance of investment and policy support in driving industry growth.
In conclusion, the blockchain and cryptocurrency ecosystem is navigating a complex yet promising path forward. The convergence of innovative funding, transformative applications, and proactive regulatory engagement is setting the stage for a new era of digital innovation. As stakeholders across the industry continue to adapt to these rapidly changing dynamics, one thing is clear: the future of blockchain will be defined by those who can balance bold innovation with strategic foresight and ethical responsibility.
For investors, developers, and policymakers alike, the key takeaway from today’s briefing is the importance of agility and collaboration. The opportunities for disruption are immense, but so are the challenges. By fostering a culture of continuous innovation, engaging in thoughtful dialogue with regulators, and investing in robust infrastructure, the blockchain community can build a more secure, efficient, and inclusive digital future.
As we wrap up today’s edition of “Blocks & Headlines: Today in Blockchain,” we invite you to reflect on these insights and consider how they might shape your own strategies in this dynamic industry. Stay tuned for future updates as we continue to monitor the latest trends and breakthroughs that are redefining the world of blockchain and cryptocurrency.
Together, we stand at the forefront of a revolution that promises to transform every aspect of our digital lives. The journey ahead is filled with challenges, but also unprecedented opportunities for those who dare to innovate and lead with vision. Thank you for joining us on this deep dive into today’s blockchain news—until tomorrow, keep building, keep innovating, and stay informed.
The post Blocks & Headlines: Today in Blockchain – April 2, 2025 | Featuring Ambient, Blockchain Association, Beyond Medical Technologies, and UK Trade Bodies appeared first on News, Events, Advertising Options.
Equity Insider News Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, April 2, 2025 /PRNewswire/ — Equity Insider News Commentary – Artificial Intelligence (AI) is quickly becoming a major force in healthcare, as use of AI applications in medical fields is growing rapidly. Researchers at Dartmouth recently conducted the first clinical trial of a therapy chatbot powered by generative AI (genAI), and found that it resulted in significant improvements in participants’ symptoms. Cleveland Clinic and UAE-based G42 recently started collaborating on the advancement of even more AI in healthcare adoption, signalling an international push in this revolution. Because of this, the market is paying even more attention to developers in tech that are adding tools to the mix, with recent updates coming from Avant Technologies, Inc. (OTCQB: AVAI), Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Spectral AI, Inc. (NASDAQ: MDAI), and GE HealthCare Technologies Inc. (NASDAQ: GEHC).
The article continued: Billionaire Bill Gates recently predicted that he thinks AI will make medical advice free and commonplace, changing healthcare at a rapid pace along the way. Private company Layer Health just raised a fresh $21 million to take on Healthcare AI’s scalability challenges, with investment from Define Ventures, Flare Capital Partners, GV and MultiCare Capital Partners.
Avant Technologies Partner, Ainnova, to Sponsor and Present at 2025 Healthcare Innovation Summit in Mexico City
Avant Technologies, Inc. (OTCQB: AVAI), an emerging leader in AI-driven healthcare innovation, continues to build momentum in the AI-driven healthcare sector through its joint venture with Ainnova Tech, developers of the Vision AI platform. Today, the two companies announced that Ainnova will sponsor and present at the 2025 Mexico Healthcare Innovation Summit—an international event focused on digital transformation and diagnostics.
Ainnova’s CEO, Vinicio Vargas, will present on preventative healthcare powered by artificial intelligence, highlighting the practical impact of its Vision AI platform on early disease detection, which the company recently began designing the clinical trial protocols for ahead of a pre-submission meeting with the US Food and Drug Administration (FDA).
Vargas’s appearance at the event reinforces a consistent strategy for Avant and Ainnova: increasing visibility across key international markets ahead of major regulatory milestones to come.
It also follows Ainnova’s recent strategic alignment with Apollo Hospitals in Southeast Asia, where the Vision AI platform has been cleared for commercial deployment in Brazil, and clinical pilots are being prepared across the Americas.
As previously mentiond, Ainnova is being guided by global CRO Fortrea ahead of the important pre-submission meeting with the FDA. The goal is to seek 510(k) clearance for Vision AI in detecting diabetic retinopathy, a gateway to broader use across multiple chronic disease categories.
Avant and Ainnova jointly control Ai-nova Acquisition Corp. (AAC), which holds global licensing rights to the technology portfolio, including proprietary retinal cameras and algorithms validated on more than 2.3 million clinical data points.
Between FDA progress, high-profile alliances, and a growing international presence, Avant Technologies continues to carve out a niche in the convergence of AI, diagnostics, and preventative care. Investors looking for small-cap exposure to the healthcare AI revolution may want to keep AVAI on the radar as these developments unfold.
CONTINUED… Read this and more news for Avant Technologies at:
Apple Inc. (NASDAQ: AAPL) is reportedly working on an AI-driven health coach, under the codename Project Mulberry, as a revamped version of its Health app. For a while now, CEO Tim Cook has been promising that Apple’s long-term plans include a big push into more health-related technologies.
According to Bloomberg’s Mark Gurman, Apple could launch this as early as next year alongside a future iOS update. The service would give users tips on diet and exercise, using data from the Health app and Apple devices like the Apple Watch.
It’s still unclear whether this tool will act more like a real medical assistant or just a health and wellness coach. Gurman describes it as an “AI doctor service,” and the report says it’s being trained using real data from doctors and medical professionals. The service might be called Health Plus and could become a major part of Apple’s growing services business.
Amazon.com, Inc. (NASDAQ: AMZN) is pushing deeper into genAI itself, including testing health assistants with a chatbot tool focused on health and wellness, called Health AI, which can answer health and wellness questions, “provide common care options for health care needs,” and suggest products.
Already, Amazon’s shopping chatbot, Rufus, can suggest products like ice packs and ibuprofen. Where Health AI goes further will be in providing users with medical guidance and care tips, such as how to deal with flu or cold symptoms. Health AI also steers users to Amazon’s online pharmacy, along with clinical services offered by One Medical, the primary care provider it acquired for roughly $3.9 billion in 2022.
Spectral AI, Inc. (NASDAQ: MDAI) recently announced strong results from its Burn Validation Study, showing that its DeepView® System outperformed burn physicians in identifying non-healing tissue.
“We believe these are excellent results and we are thrilled with the analysis of our DeepView System in our Burn Validation Study,” said Dr J. Michael DiMaio, M.D. “The DeepView System exceeded our expectations in terms of predictive performance. Following the FDA’s review, if authorized by the agency, our hope is that this tool will provide an objective and immediate prediction of non-healing burn tissue to expedite patient care and reduce system costs across the board. We look forward to bringing this predictive diagnostic tool to the United States marketplace as soon as possible.”
The study, one of the largest of its kind in the U.S., demonstrated DeepView’s superior accuracy using AI and multispectral imaging to assess burn wounds on day one. The company plans to submit the data to the FDA by mid-2025, aiming for De Novo Clearance and rapid commercialization.
GE HealthCare Technologies Inc. (NASDAQ: GEHC) recently unveiled its new Revolution™ Vibe CT system, featuring advanced AI-powered cardiac imaging that delivers fast, accurate scans—even in complex cases like atrial fibrillation or heavy coronary calcification. The system’s Unlimited One-Beat Cardiac imaging and AI-driven workflow aim to improve diagnostic speed, patient comfort, and operational efficiency across healthcare facilities.
“Expanding access to CCTA is crucial for managing the rising prevalence of CVD, ensuring timely and accurate diagnoses for a larger patient population,” shares Jean-Luc Procaccini, President and CEO, Molecular Imaging and Computed Tomography, GE HealthCare. “Our introduction of Revolution Vibe underscores our commitment to this mission. The system is designed to encourage the broader adoption of and access to cardiac imaging, combining advanced technology with AI-powered solutions to deliver fast, accurate diagnoses and a more comfortable patient experience. It is designed to empower healthcare providers to offer the highest quality care, even in the most challenging cases.”
With FDA-recommended CCTA adoption on the rise and cardiac disease still the leading global cause of death, Revolution Vibe is designed to expand access to life-saving imaging and reduce reliance on invasive procedures.
CONTACT:
Equity Insider
[email protected]
(604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Logo – https://mma.prnewswire.com/media/2644233/5249022/Equity_Insider_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/fda-watch-the-quiet-gold-rush-in-ai-powered-medical-devices-302418684.html
TORONTO, April 2, 2025 /PRNewswire/ — APX Lending is pleased to announce the Canadian Securities Administrators (CSA) have issued a first-of-its kind decision, granting the company exemptive relief from certain registration and prospectus requirements, dated April 1, 2025 (https://www.osc.ca/en/securities-law/orders-rulings-decisions/apx-inc). This positions APX Lending to be the first crypto-backed lender in Canada to provide borrowers with a secure and compliance-focused solution to access liquidity using their digital assets as collateral.
The global crypto-backed lending market is projected to exceed $45 billion by 2030, underscoring the growing demand for trusted solutions that integrate digital assets into the traditional economy. APX Lending is addressing this demand with an institutional-grade lending platform where users can deposit Bitcoin or Ethereum as collateral and access liquidity through flexible, competitive loan terms.
With industry-leading security, strict adherence to Canadian regulatory directives, and insured cold storage custody, APX Lending offers a level of protection that sets it apart from other lenders. A robust risk management framework facilitates transparency, safety, and security for both retail and institutional borrowers.
“Crypto-backed lending should be safe, secure, and simple to access,” said Andrei Poliakov, founder and CEO of APX Lending. “By engaging with Canadian regulators and leading the way in Canada, we are setting a new benchmark for compliance and security in crypto-backed lending, helping retail and institutional borrowers unlock liquidity while maintaining ownership of their digital assets. This marks a major step toward integrating crypto into mainstream finance and building a truly global, compliance-focused crypto-backed lending ecosystem.”
Beyond its core lending platform, APX Lending is seeing increased interest in its white-label lending solution, which allows banks, financial institutions and other lenders to seamlessly integrate crypto-backed lending into their offerings. With this regulatory milestone, APX Lending is set to begin servicing Canadian clients while further expanding into the US, Australia, New Zealand, and other global markets.
About APX Lending
APX Lending is a crypto-backed lending platform, providing instant liquidity to borrowers while maintaining compliance and security. The company enables retail and institutional borrowers to leverage their digital assets without selling them, offering a secure and compliance-focused borrowing experience. Founded by Andrei Poliakov, co-founder of Coinberry, one of Canada’s oldest and largest regulated crypto exchanges, APX Lending is pioneering the future of regulated crypto-backed lending worldwide.
For more information, please visit https://www.apxlending.com/
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking information within the meaning of applicable Canadian securities laws. In some cases, forward-looking information can be identified by the use of words such as “may”, “will”, “should”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “continue”, and by discussions of strategies that involve risks and uncertainties, certain of which are beyond APX Lending’s control. In this press release, forward-looking information includes, among other things, statements relating to expectations of the size and success of APX Lending’s lending and other business activities. The forward-looking information is based on certain key expectations and assumptions made by APX Lending, including with respect to the ultimate market size and demand for crypto-backed lending in Canada and internationally and all other statements that are not historical facts.
By its nature, such forward-looking information necessarily involves known and unknown risks and uncertainties that may cause actual results, performance, prospects and opportunities in future periods of APX Lending to differ materially from those expressed or implied by such forward-looking statements. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release and neither APX Lending nor any other person assumes responsibility for the accuracy and completeness of any forward-looking information, and no one has any obligation to update or revise any forward-looking information, whether as a result of new information, future events or such other factors which affect this information, except as required by law.
Additional Information, For additional information, please contact, Media Relations: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/apx-lending-announces-landmark-decision-of-canadian-securities-regulators-302417829.html
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain – March 27, 2025 | The Blockchain Group, AI Pioneer Marketplace, BRICS Payment, Futurist Conference, SCM Logistics
-
Blockchain6 days agoBlaqclouds, Inc. Enters Strategic Partnership Agreement with Nyne Global to Enhance Client Engagement Services
-
Blockchain6 days agoAnnouncing Simple App: The Most Intuitive Crypto Wallet Redefining User Experience!
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – March 27, 2025: Blockchain Group, Digital Assets Group, Memecore, ECEQ, French Blockchain Group
-
Blockchain Press Releases6 days agoBybit Launches ‘Foolproof Fortune’ Event with 100,000 USDT Prize Pool and a Chance to Win a Luxury Watch
-
Blockchain7 days ago
Jamie Hinz Discusses the Future of Crypto Onboarding and Stablecoins on Tech Around and Find Out
-
Blockchain7 days ago
CURRENC Empowers Coin Cove with AI-Powered Electronic Banking Services Platform
-
Blockchain Press Releases7 days ago
Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use
