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Duality AI Launches EDU Subscription to Empower Aspiring AI Developers with Digital Twin Simulation and Synthetic Data Skills

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Duality AI Launches EDU Subscription to Empower Aspiring AI Developers with Digital Twin Simulation and Synthetic Data Skills
News

News

Duality AI Launches EDU Subscription to Empower Aspiring AI Developers with Digital Twin Simulation and Synthetic Data Skills

2024-11-21 00:06 Last Updated At:00:11

SAN MATEO, Calif.--(BUSINESS WIRE)--Nov 20, 2024--

Duality AI, the company behind Falcon, a leading digital twin simulation platform, is announcing the launch of a new EDU license and subscription — a new program designed to equip aspiring AI developers with the synthetic data skills needed to create advanced AI vision models. This educational, non-commercial license reflects Duality’s commitment to expanding access to digital twin simulation, empowering learners to build cutting-edge AI models while helping to meet the growing demand for AI and simulation professionals across diverse industries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120756911/en/

Since its founding in 2018, Duality AI has led the way in leveraging digital twin simulation to overcome complex AI training challenges — especially in cases where real-world data is insufficient for achieving the precision required in various operational contexts. Today, leading commercial and government organizations, with applications spanning off-road autonomous driving, high-volume manufacturing, and disaster management, depend on Falcon to achieve AI model accuracy that real-world data alone cannot provide. Through this work, Duality has developed proven techniques that drive successful outcomes for its customers. As the need for accurate AI vision models continues to grow, so does the need for skills in digital twin simulation and synthetic data generation.

“Digital twin simulation has unlocked a future where anyone can build AI models safely, rapidly, and affordably,” says Duality’s co-founder and Chief Product Officer, Mike Taylor. “Now is the perfect time to invest in building a community that can harness these tools. Whether learners come from an engineering, research, or creative background, we’re excited to share our expertise and help them discover how their skills can play a vital role in the evolving AI industry.”

The EDU program offers subscribers full access to Falcon’s comprehensive feature set, alongside guided exercises and community resources developed by Duality AI’s experts in AI, simulation, synthetic data, and computer vision. To further support all learners, Duality is launching an online community where anyone will be able to ask questions, collaborate on projects, and share their work. The curriculum itself is crafted to build a strong foundation in digital twin simulation and synthetic data workflows, equipping participants with the skills to create high-performance AI vision models independently.

“Falcon enables me to create datasets tailored to the specific challenges I want to study,” shares Dr. Felipe Mejia, AI Vision Engineer at Duality. “As a graduate student I was always searching for datasets to test new algorithms, but commonly available datasets, like varieties of cats and dogs, were too disconnected from real-world problems I was working on. Falcon allows me to simulate scenarios not well-covered by real-world data, and systematically study how dataset variables impact model performance. Being able to precisely investigate failure modes, like finding the exact point where a model begins to struggle with occlusion or detecting distant objects, makes Falcon's synthetic data an invaluable tool for deeper insights and innovation."

Duality AI's EDU subscription is designed to expand access and inspire innovation. Participants are encouraged to experiment, develop their projects, and apply their learnings across a variety of fields. Duality hopes to foster a vibrant community of innovators eager to explore the full potential of synthetic data and digital twin simulation in modern AI applications.

For more information on the EDU subscription and how to join, visit www.duality.ai/edu. Researchers, educators, and universities/learning institutions are encouraged to contact Duality to discuss any specific questions or arrangements, by emailing: edu@duality.ai.

About Duality AI

Duality AI is a software company behind Falcon, the digital twin simulation platform. Organizations today are leveraging Falcon to help solve complex problems in AI, robotics, and smart system engineering. By bringing high-fidelity digital twins of environments and operating systems into Falcon, Duality’s customers generate accurate data and predictive behavior modeling that enables them to deploy automated systems robustly and at scale. Duality’s multidisciplinary team includes world-class engineers, simulation specialists, AI/ML experts and award-winning technical artists with over 70 patents across robotics, simulation, and visualization.

Falcon's new EDU license is designed for anyone who wants to learn to build better AI models with digital twin simulation. (Graphic: Business Wire)

Falcon's new EDU license is designed for anyone who wants to learn to build better AI models with digital twin simulation. (Graphic: Business Wire)

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Stock market today: Wall Street weakens as Target tumbles

2024-11-21 00:09 Last Updated At:00:10

NEW YORK (AP) — U.S. stocks are falling Wednesday, led by Target, which lost more than a fifth of its value after the retailer gave a dour forecast for the holiday shopping season.

The S&P 500 was down 0.5%, as of 11 a.m. Eastern time. The Dow Jones Industrial Average slipped 30 points, or 0.1%, while the Nasdaq composite sank 0.6%.

Target's 21.2% drop followed its report showing weaker profit and revenue for the latest quarter than analysts expected. The retailer also gave a forecast for profit in the upcoming holiday season that was below analysts’ estimates.

Target’s performance stood in stark contrast to rival Walmart, which reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season.

Hints about how U.S. consumers are doing are under particular scrutiny, given that they'll need to keep spending if the U.S. economy is to continue to avoid a recession. Shoppers are contending with high prices across the economy and still-high interest rates.

Besides Target, several lower-priced retailers were among the biggest losers in the S&P 500. Dollar General fell 5%, and Dollar Tree sank 3.7%.

On the winning end of Wall Street was Williams-Sonoma, which jumped 26.7% after the home retailer delivered better profit and revenue for the latest quarter than analysts expected. The parent of Pottery Barn also said it expects overall sales to fall by less this fiscal year than it had earlier forecast.

The headliner of the day, week and perhaps the rest of the year for Wall Street will arrive after trading ends for the day. That’s when superstar stock Nvidia will unveil its results for the latest quarter.

The company has grown into a $3.6 trillion behemoth because of nearly insatiable demand for its chips used in artificial-intelligence technology. It’s grown so fast, with its stock nearly tripling for the year through Tuesday, that pressure has grown for it to show it can keep leapfrogging past analysts’ already high expectations.

So far, Nvidia has hurdled such expectations with impressive results each quarter. That’s made it one of the most influential stocks in the market, whose movement can almost singlehandedly alter the S&P 500’s direction.

Trading in the options market suggests Nvidia’s upcoming profit report is the most anticipated event left in 2024, more than even the Federal Reserve’s upcoming meeting on interest rates, according to Barclays Capital.

Outside of Nvidia, financial markets are still absorbing the impacts of Donald Trump’s victory in the presidential election earlier this month.

Wells Fargo Investment Institute on Wednesday raised its forecasts for where Treasury yields will end next year, in part because of expectations that Trump’s policies will drive faster U.S. economic growth and inflation. Strategists at the institute also raised their forecast for where the S&P 500 will end next year because of that faster growth, which should translate into bigger corporate profits, along with easier regulations.

Treasury yields rose in the bond market, bringing them closer to those updated forecasts. The 10-year yield edged up to 4.41% from 4.40% late Tuesday and from less than 3.70% in September.

In stock markets abroad, indexes moved modestly across much of Europe and Asia.

The FTSE 100 in London slipped 0.1% after the Office for National Statistics reported the inflation rate picked up to a six-month high in October.

Japan’s Nikkei 225 slipped 0.2% after the Finance Ministry reported the country recorded a trade deficit in October, for a fourth straight month.

AP Writer Zimo Zhong contributed.

The facade of the New York Stock Exchange is illuminated on Tuesday, Nov. 19, 2024. (AP Photo/Peter Morgan)

The facade of the New York Stock Exchange is illuminated on Tuesday, Nov. 19, 2024. (AP Photo/Peter Morgan)

FILE - The morning sun shines on Wall Street in New York's Financial District on Tuesday, Nov. 19, 2024. (AP Photo/Peter Morgan)

FILE - The morning sun shines on Wall Street in New York's Financial District on Tuesday, Nov. 19, 2024. (AP Photo/Peter Morgan)

Currency traders watch their computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won, center, and the Korean Securities Dealers Automated Quotations (KOSDAQ), at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 20, 2024. (AP Photo/Lee Jin-man)

Currency traders watch their computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won, center, and the Korean Securities Dealers Automated Quotations (KOSDAQ), at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 20, 2024. (AP Photo/Lee Jin-man)

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