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Jun 02, 2020 (Baystreet.ca via COMTEX) —
Artificial intelligence has the power to revolutionize organ donation. In fact, according to “Predicting Donor Kidney Transplant Outcomes: Comparing KDRI/KDPI with Machine Learning,” with artificial intelligence – “specifically, training machines to learn from past experience—predictive outcomes are more accurate and will continue to improve over time. Kidneys can then be allocated more efficiently, and with less waste than ever before,” as noted by Kidney.org. The study also notes that many kidneys received from deceased donors and never transplanted could be saved and used by using AI and machine learning. That’s opening a sizable opportunity for top companies such as Patriot One Technologies Inc. (TSX:PAT)(OTCQX:PTOTF), NVIDIA Corporation (NASDAQ:NVDA), Microsoft Corporation (NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), and Alphabet Inc. (NASDAQ:GOOG).
Patriot One Technologies Inc. (TSX:PAT)(OTCQX:PTOTF) BREAKING NEWS: Patriot One Technologies Inc. wholly-owned subsidiary Xtract Technologies Inc. announced it has secured a $150,000CAD grant with Health Canada via the Innovative Solutions Canada program to utilize artificial intelligence in a bid to increase the success rate of organ donation, as well as the success rate of transplantations within Canada.
The “Deep Learning for Enhancing Organ Donation Rates” project looks to solve the problem that donation and transplantation success rates have not kept up with an increasing number of donors over the years. To help improve donation success rates, a tool is needed to better predict the donation window for a potential donor so that limited healthcare resources can be used more efficiently and effectively. To help improve transplantation success rates, a tool is needed to standardize and personalize assessment of donor and organ suitability to assist with decisions about organ retrieval, as well as a tool to help organ recipients make the complicated decision of whether to accept a donor organ or wait for a better match. Xtract AI plans to use their expertise in artificial intelligence to model the process of finding the right donors and will also develop a model that helps recipients make the complex decision of accepting an organ.
Xtract AI will develop a semi-automated deep learning system to identify the best potential for donor-recipient matches for kidney transplantation. Building on publicly available data, these matches will be labeled as a “good” or “bad” based on the organ survival times. This dataset will then be used to train a model which can be used for identifying better matches. This system can be used to identify a confidence score for all of the possible matches and will be ranked to identify optimal donors for a given recipient.
Additionally, Xtract AI will use data from the United Network for Organ Sharing (UNOS) registry to build a dataset of waiting times for kidney transplant recipients in the waitlist queue. This model, along with the matching model described above, will help the recipients decide whether to accept one of the potential donors or wait for a better donor. The model can also be used to identify the “good match” donors that have high scores for multiple recipients and similarly, identify donor organs with potentially problematic features by filtering those that obtain low scores for multiple recipients. Elliot Holtham, a founder at Xtract AI, said “This is exciting work for a very important issue. Deep learning algorithms are highly generalizable and we hope our model may be expanded to other organ transplants, as needed.”
Other developments from around the markets include:
NVIDIA Corporation (NASDAQ:NVDA) announced that it will pay its next quarterly cash dividend of $0.16 per share on June 26, 2020, to all shareholders of record on June 5, 2020.
Microsoft Corporation (NASDAQ:MSFT) and Workday Inc. announced a strategic partnership prioritizing enterprise planning in the cloud and expanding the business solutions customers can use to better optimize their everyday work. Through this partnership, Workday customers will also be able to run Workday Adaptive Planning on the Microsoft Azure cloud. Further, Microsoft will adopt Workday Adaptive Planning for its global finance teams for planning, budgeting and forecasting to help accelerate decision-making. The companies also unveiled new integrations between Workday’s suite of applications and Microsoft Teams and Azure Active Directory that will enable customers to simplify day-to-day tasks, foster collaboration, increase productivity and enhance security.
Intel Corporation (NASDAQ:INTC) released its annual Corporate Responsibility Report. The report builds on Intel’s decades of transparency in corporate responsibility and details progress Intel has made in the past decade to reduce greenhouse gas emissions, restore billions of gallons of water to local communities and achieve gender pay equity across its global workforce, among other milestones. The report also establishes a new 2030 strategy and goals for continued progress for the next decade – from achieving net positive water use, 100% green power and zero waste to landfills across Intel’s global manufacturing operations to doubling the number of women and underrepresented minorities in senior leadership roles and scaling the impact of its supply chain human rights programs. For the first time, Intel has defined global challenges that expand its commitment in resources, expertise, global reach and influence beyond its own operations to address challenges that can only be solved by collaborating across major organizations, industries and countries. “The world is facing challenges that we understand better each day as we collect and analyze more data, but they go unchecked without a collective response – from climate change to deep digital divides around the world to the current pandemic that has fundamentally changed all our lives,” said Intel CEO Bob Swan. “We can solve them, but only by working together.”
Alphabet Inc. (NASDAQ:GOOG) announced financial results for the quarter ended March 31, 2020. “Given the depth of the challenges so many are facing, it’s a huge privilege to be able to help at this time,” said Sundar Pichai, Chief Executive Officer of Alphabet and Google. “People are relying on Google’s services more than ever and we’ve marshalled our resources and product development in this urgent moment.” “Our business, led by Search, YouTube, and Cloud, drove Alphabet revenues to $41.2 billion, up 13% versus last year, or 15% on a constant currency basis,” said Ruth Porat, Chief Financial Officer of Alphabet and Google. “Performance was strong during the first two months of the quarter, but then in March we experienced a significant slowdown in ad revenues. We are sharpening our focus on executing more efficiently, while continuing to invest in our long-term opportunities.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Patriot One Technologies Inc. has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares of Patriot One Technologies Inc. Please click here for full disclaimer.
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