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Railtown AI Technologies Inc. Announces Partnership with the Alberta Machine Learning Institute (Amii) to Accelerate Railtown's Advanced AI Initiatives

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Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) has announced a co-development agreement with The Alberta Machine Learning Institute (Amii). This partnership will focus on a specific project related to Railtown's core AI Conductor Technology. Amii will provide additional machine learning engineers and PhDs to co-develop a build designed and managed by Railtown, with all co-developed IP owned by Railtown.

This collaboration, along with the previously announced partnership with Mila (Quebec Artificial Intelligence Institute), marks a significant milestone in Railtown's commitment to AI-driven innovation. These partnerships provide Railtown with access to expertise in reinforcement learning, natural language processing, deep learning, and generative models, enhancing the company's ability to innovate and attract top AI talent.

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ha annunciato un accordo di co-sviluppo con The Alberta Machine Learning Institute (Amii). Questa collaborazione si concentrerà su un progetto specifico relativo alla tecnologia AI Conductor di Railtown. Amii fornirà ulteriori ingegneri di machine learning e dottori di ricerca per co-sviluppare un progetto progettato e gestito da Railtown, con tutti i diritti di proprietà intellettuale co-sviluppati di proprietà di Railtown.

Questa collaborazione, insieme al precedente accordo con Mila (Quebec Artificial Intelligence Institute), segna un traguardo significativo nell'impegno di Railtown per l'innovazione guidata dall'AI. Queste partnership danno accesso a Railtown a competenze nel rinforzo dell'apprendimento, nell'elaborazione del linguaggio naturale, nell'apprendimento profondo e nei modelli generativi, migliorando la capacità dell'azienda di innovare e attrarre i migliori talenti nel campo dell'AI.

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ha anunciado un acuerdo de co-desarrollo con The Alberta Machine Learning Institute (Amii). Esta asociación se centrará en un proyecto específico relacionado con la Tecnología AI Conductor de Railtown. Amii proporcionará ingenieros adicionales en machine learning y doctores para co-desarrollar un proyecto diseñado y gestionado por Railtown, con toda la propiedad intelectual co-desarrollada en posesión de Railtown.

Esta colaboración, junto con la asociación previamente anunciada con Mila (Quebec Artificial Intelligence Institute), marca un hito significativo en el compromiso de Railtown con la innovación impulsada por la IA. Estas asociaciones permiten a Railtown acceder a experiencia en aprendizaje por refuerzo, procesamiento de lenguaje natural, aprendizaje profundo y modelos generativos, mejorando la capacidad de la empresa para innovar y atraer a los mejores talentos en IA.

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF)는 The Alberta Machine Learning Institute (Amii)와 공동 개발 계약을 발표했습니다. 이 파트너십은 Railtown의 핵심 AI Conductor 기술과 관련된 특정 프로젝트에 집중할 것입니다. Amii는 Railtown이 설계하고 관리하는 빌드를 공동 개발하기 위해 추가적인 머신 러닝 엔지니어와 박사학위를 제공할 것입니다. 공동 개발된 모든 지적 재산권은 Railtown의 소유입니다.

이번 협력은 Mila (Quebec Artificial Intelligence Institute)와의 기존 협력과 함께 Railtown의 AI 중심 혁신에 대한 약속을 나타내는 중요한 이정표입니다. 이러한 파트너십은 Railtown이 강화 학습, 자연어 처리, 심층 학습 및 생성 모델에 대한 전문 지식에 접근할 수 있게 하여 회사의 혁신 능력을 향상하고 최고의 AI 인재를 유치할 수 있도록 합니다.

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) a annoncé un accord de co-développement avec The Alberta Machine Learning Institute (Amii). Ce partenariat se concentrera sur un projet spécifique lié à la technologie AI Conductor de Railtown. Amii fournira des ingénieurs en apprentissage automatique et des docteurs supplémentaires pour co-développer un projet conçu et géré par Railtown, avec tous les droits de propriété intellectuelle co-développés appartenant à Railtown.

Cette collaboration, ainsi que le partenariat précédemment annoncé avec Mila (Quebec Artificial Intelligence Institute), marque une étape significative dans l'engagement de Railtown envers l'innovation pilotée par l'IA. Ces partenariats permettent à Railtown d'accéder à une expertise en apprentissage par renforcement, en traitement du langage naturel, en apprentissage profond et en modèles génératifs, améliorant ainsi la capacité de l'entreprise à innover et à attirer les meilleurs talents en IA.

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) hat eine Co-Entwicklungsvereinbarung mit The Alberta Machine Learning Institute (Amii) bekannt gegeben. Diese Partnerschaft wird sich auf ein spezifisches Projekt im Zusammenhang mit Railtowns Kerntechnologie AI Conductor konzentrieren. Amii wird zusätzliche Machine Learning-Ingenieure und PhDs bereitstellen, um ein von Railtown entworfenes und verwaltetes Projekt gemeinsam zu entwickeln, wobei alle gemeinsam entwickelten IP im Besitz von Railtown bleibt.

Diese Zusammenarbeit, zusammen mit der zuvor angekündigten Partnerschaft mit Mila (Quebec Artificial Intelligence Institute), markiert einen bedeutenden Meilenstein in Railtowns Engagement für AI-gesteuerte Innovation. Diese Partnerschaften geben Railtown Zugang zu Fachwissen in den Bereichen Verstärkendes Lernen, Verarbeitung natürlicher Sprache, Deep Learning und generative Modelle, was die Innovationsfähigkeit des Unternehmens verbessert und die Anwerbung von Spitzenkräften im Bereich AI erleichtert.

Positive
  • Partnership with Amii provides access to additional machine learning engineers and PhDs
  • Co-developed IP will be owned by Railtown
  • Collaboration with both Amii and Mila enhances Railtown's AI research and development capabilities
  • Partnerships expected to accelerate and enhance the development of Railtown's Conductor AI Technologies
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that it has entered into a co-development agreement with The Alberta Machine Learning Institute (Amii). Under the terms of the agreement, Railtown and Amii will partner together on a specific project and build that is related to Railtown's core AI Conductor Technology.

Under the terms of the agreement Amii will provide Railtown with additional machine learning engineers and PHD's to co-develop a specific build designed and managed by Railtown. As part of the agreement all co-developed IP will be owned by Railtown.

"Partnering with both Amii (Alberta Machine Intelligence Institute) and Mila (Quebec Artificial Intelligence Institute) marks a significant milestone in our commitment to AI-driven innovation. Both institutes form part of the backbone of Canada's strategy to continue to be a global leader in AI research and innovation thanks to pioneers in the field such as Richard Sutton (Amii) and Yoshua Bengio (MILA). By collaborating with Amii, we gain access to their unparalleled expertise in reinforcement learning and natural language processing. Simultaneously, our partnership with Mila allows us to tap into their groundbreaking work in deep learning and generative models, driving the development of new product features. These collaborations provide Railtown with a comprehensive and multifaceted approach to AI research and development, enhancing our ability to innovate and continue to attract top AI talent in such a competitive field," states Railtown co-founder and AI Lead Dr. Elliot Holtham.

Cory Brandolini, Railtown CEO, comments, "As a Canadian AI technology company, we are thrilled to be able to partner with two of Canada's most respected AI institutes - Amii - The Alberta Machine Intelligence Institute, and the previously announced Mila - Quebec AI Institute - on specific Railtown projects that are related to research and machine learning initiatives. Canada has some of the best AI talent anywhere in the world; Railtown has built its own talented team of AI engineers, and our partnerships with Amii and Mila will significantly accelerate and enhance the development of our Conductor AI Technologies."

About Amii

The Alberta Machine Intelligence Institute (Amii) is one of Canada's three centers of AI excellence as part of the Pan-Canadian AI Strategy. Based in Alberta, Amii supports world-leading research in artificial intelligence and machine learning and translates scientific advancement into industry adoption.

About Railtown AI Technologies

Railtown AI, a Microsoft Partner, is a cloud-based Application General Intelligence™ Platform for Software Developers and Teams that practice Agile Project Management. We purposely built our Application General Intelligence™ Platform to help Software Developers and Agile practitioners save time on redundant tasks, improve productivity, drive down costs, and accelerate developer velocity. Railtown's proprietary AI technology, designed to enable our clients to be more productive and profitable, is accessible on Microsoft's Azure Marketplace.

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ON BEHALF OF THE BOARD

"Cory Brandolini" Cory Brandolini, Chief Executive Officer

INVESTOR CONTACT

Rebecca Kerswell
Investor Relations and Marketing
Email: investors@railtown.ai
Phone: (604)417-4440

This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will," "may", "should", "intends", "anticipates", "expects" and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are risks detailed from time to time in the filings made by the Company with securities regulators.

Readers are cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize, and readers should not place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217419

FAQ

What is the purpose of Railtown AI Technologies' partnership with Amii?

The partnership aims to co-develop a specific project related to Railtown's core AI Conductor Technology, with Amii providing additional machine learning engineers and PhDs to enhance Railtown's AI capabilities.

How will the partnership with Amii benefit Railtown AI Technologies (RLAIF)?

The partnership will provide Railtown with access to Amii's expertise in reinforcement learning and natural language processing, accelerating the development of their AI technologies and helping attract top AI talent.

Who will own the intellectual property developed through the Railtown-Amii partnership?

According to the agreement, all co-developed intellectual property (IP) will be owned by Railtown AI Technologies.

How does the Amii partnership complement Railtown's collaboration with Mila?

The partnerships with both Amii and Mila provide Railtown with a comprehensive approach to AI research and development, combining expertise in reinforcement learning, natural language processing, deep learning, and generative models.

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