Art World News

WFU in the news: Nov. 20-26, 2023

WFU in the news: Nov. 20-26, 2023

Afraid of overspending on holiday gifts? Set a budget.
By Daniel de Visé | USA Today
“Don’t just set a number,” said marketing professor and retail expert Roger Beahm. “I suggest building a budget from the bottom up, by listing the people you expect to buy gifts for and estimating how much you expect to spend on those people.” Once you have a budget, move those funds into a separate account, so you “know what you’re working with.” – 11/25/2023

‘Dupes’ clothing, perfume craze lures holiday shoppers as major brands fret
By Katherine Masters | Reuters
Experts say the current excitement over dupes traces back to the start of fast fashion. Inditex-owned Zara, which opened its first store in 1975, made a business of replicating luxury designs. Its shorter production cycles allowed more styles to enter the market quickly, sparking “the habit of shopping more frequently,” said Ian Taplin, a sociology and international studies professor at Wake Forest. – 11/20/2023

Some protection against infidelity? How about perspective-taking
By Christian Miller | Forbes
“Cheating in monogamous relationships is prevalent these days. Depending on how ‘infidelity’ is defined, studies have found the percentage of adults reporting some form of infidelity to range from 20% to as high as 70%. And things do not show any signs of getting better,” writes philosophy professor Christian Miller. “Fortunately new research suggests a way to help fight against temptations to cheat: adopting the perspective of one’s significant other.” – 11/22/2023

Kennedy photos 60 years after assassination
Mirage News
On November 22, 1963, President John F. Kennedy was shot and killed as he rode in his motorcade in downtown Dallas, Texas. In 2003, forty years after the assassination, art professor David Lubin published the book “Shooting Kennedy,” where he explores iconic images of Kennedy and his family and how these photographs shined a light on the American cultural landscape of the time. For the 60th anniversary of the shooting of President Kennedy, Lubin answers questions on the power of the images of the First Family then and now. – 11/21/2023

Prediction markets can tell the future. Why is the US so afraid of them?
By Oliver Roeder | Financial Times
According to a paper by Koleman Strumpf, “Betting in the run-up to elections was a cherished ritual. A widely held value was that one should be prepared to ‘back one’s beliefs’ either with money or more creative dares.” These included the loser literally eating crow, or pushing the winner around in a wheelbarrow. – 11/10/2023

Enviva, the world’s largest biomass energy company, is near collapse
By Justin Catanoso | Mongabay
“This year has been a financial disaster for Enviva, the world’s largest producer of wood pellets for the biomass energy industry. With more than $250 million in losses to date and worsening results expected in the fourth quarter, the once high-flying company’s viability, by its own admission, is in grave doubt,” writes journalism professor Justin Catanoso, a regular contributor to Mongabay. – 11/21/2023

NY AG’s plastic bottle suit called both innovative, overreach
By Sarah Jarvis | Law360
Law professor Sarah Morath is quoted extensively in this news article about the NY AG lawsuit against Pepsi-Co. for plastic pollution. – 11/17/2023

Why was a human skull on sale at a Florida thrift shop?
By Sarah Kuta | Smithsonian Magazine
“There is actually very little federal law regarding the dead,” writes law professor Tanya Marsh who specializes in laws involving human remains. “Instead, the vast majority of law respecting the dead is state law, which varies significantly.” – 11/21/2023

Pollution is displacing Black midwesterners. White homeowners are profiting.
By Adam Mahoney | In These Times
This story was originally published by Capital B and is the fourth installment of a yearlong Capital B series on the country’s current Black migration, the most significant movement of Black people in the United States in 50 years. It was made possible, in part, by a grant from the Environmental and Epistemic Justice Initiative at Wake Forest University. – 11/24/2023

Politics gears up for momentous 2024
By Paul B. Johnson | High Point Enterprise
Republican presidential nominees have carried North Carolina since Obama’s triumph 15 years ago, though the races have been competitive. Politics professor John Dinan said “North Carolina has clearly joined the ranks of states that are competitive in presidential elections. It is now one of about six to eight states that will attract significant advertising from presidential candidates in both parties.” – 11/25/2023

Naughty or nice? Triad shoppers expected to spend more, give less this season.
By Richard Craver | Greensboro News & Record
Local consumers may be shopping “more cautiously” this year, predicted marketing professor Roger Beahm. “First, inflation has reduced what shoppers can get for the dollars they are spending. This, in turn, prompts them to be more cautious in various ways: what they buy, where they buy, when they buy and even how they pay.” – 11/20/2023

Wake Forest students feed the community through Turkeypalooza
By Zyneria Byrd | Spectrum News Charlotte
The smell of stuffing and sweet potatoes filled the air inside the Campus Kitchen of Wake Forest University as they cooked more than 600 meals. “For the menu this week, we’ll have turkey, mashed potatoes, stuffing, cranberry sauce and then vegetables as a side,” said Raahim Khan, student coordinator of Campus Kitchen. This was the 17th annual Turkeypalooza event. – 11/22/2023

WFU names Brandon Gilliland senior VP for finance & administration
By Cheryl V. Walker | Wake Forest News
Wake Forest University has named Brandon Gilliland senior vice president for finance and administration, effective January 1. Gilliland returns to Wake Forest after serving for the past six years as vice president and chief financial officer at the University of Miami. He previously served at Wake Forest from 2007 to 2017, rising to the position of vice president for finance. – 11/20/2023

This announcement was also shared in the Winston-Salem Journal.

How these TWU art students are leaving their mark: A mural and a tribute

How these TWU art students are leaving their mark: A mural and a tribute

“Oh wow, that looks amazing!”

A driver offers praise to the Texas Woman’s University mural painting students, stopping to look at the northern side of the now-empty Marketing and Communications building on Oakland.

A dozen TWU students stand, squat and stretch to dab paint onto the stucco wall. The man behind the wheel grins at TWU staffers who have gathered in the parking lot, across Third Street. The art students started to transform the stained, blank 70-by-17-foot wall on Oct. 7.

TWU visual arts and design students working on a mural painting at the Denton campus.

Leo Gonzalez

/

Texas Woman’s University

TWU visual arts and design students working on a mural painting at the Denton campus.

The emerging mural is a riot of color and metaphor — Oakley the owl, Minerva the Pioneer Woman, the Little Chapel in-the-Woods and a collection of symbols, color and motion.

Giovanni Valderas, the professor who leads the mural class, said the class conducted the project like a formal public art proposal. Four teams submitted requests for proposals, mural designs and budgets. A panel selected the winning design. The whole class has been painting it.

“I think the best thing about it has been that they have really worked together, and they’ve gotten to know each other,” Valderas said. “And they’ve learned some really important things through this. They’ve learned that when you’re an artist, you can’t always be too precious about your work.”

Diane Cox, a sophomore studio art major who is back at TWU for a second time after serving as a U.S. military nurse in Afghanistan, designed the winning mural.

“It wasn’t too good in those first efforts,” she said. “The process was really good, though. Gio was very direct. If something wasn’t working, he said so, and helped us understand why.”

WHAT IS – AND WHO ARE – IN THE NEW TWU MURAL

Texas Woman’s University mural painting students are transforming the north wall of the now-empty Marketing & Communications building into a work of art. The painting pays tribute to the university’s icons, Denton landmarks and diversity. Here’s who and what is on the mural:

Minerva – The face of the famous Pioneer Woman, her inscrutable gaze peering across Pioneer Circle and the land west of Denton, looms large on the left side of the mural. Students made her face more lifelike.

Oakley the Owl – TWU’s mascot, also known as Minerva’s owl, soars above all else on the mural. Oakley references the student body, the school’s legacy and school spirit. He clutches oak leaves as he surveys the mural below.

The downtown Courthouse-on-the-Square – TWU is a little further than a stone’s throw from the historic downtown Square, but the famous courthouse gets its due near Minerva.

The historic fountain at TWU – The famous fountain that sits near Hubbard Hall and the Blagg-Huey Library. A favorite spot for gatherings, studying and graduation photos, the fountain is on the right side of the mural.

The TWU Little Chapel-in-the-Woods – The panel that gave the mural design a greenlight wanted the mural to be interactive, so the design team put the Little Chapel in the center of the mural, and at a size that is perfect for people to shoot a selfie in front of. The chapel is one of Denton’s most important structures. It was designed by Denton’s most famous architect, O’Neil Ford. TWU professor and modernist painter Toni LaSelle directed the art in the chapel, including the stained glass windows.

Monarch butterfly & Hummingbird – These creatures honor the butterfly garden on campus that attracts the Monarch and Ruby-throated hummingbirds to campus.

Heart rhythm pattern – A heart rhythm reached from end to end on the mural, referencing TWU’s award-winning nursing program and the emotional connections that education inspires.

Diversity – The mural references the different cultural backgrounds of the student body with a kente cloth to acknowledge both African and African-Americans who have attended and earned degrees. A milagro, a traditional Mexican religious charm or altar ornament, references the growing Hispanic student population. There is also a pride rainbow to honor LGBTQ students, graduates, faculty and staff. The Monarch butterfly does double-duty on the mural, also honoring the culture of Mexican and Mexican-American students, faculty and staff at the university.

Books – You’ll see a number of open books with TWU-maroon binding that turn into birds. The books pay tribute to education, democracy and the freedom of students — and Americans — to read authors and books of their choice.

Rheyna Antoine, a senior studio art major in the class, said she found the process challenging, but found the project satisfying.

“Usually when you’re doing painting and drawing, you’re working on your own, so it’s been really good, really interesting to do a project like this where you work with other people, and you come up with an idea as a team,” she said.

The painters said they know that the mural might be provocative to some people — especially the Pride rainbow, the African kente cloth and the Mexican milagro that frame the top of the Little Chapel in-the-Woods. The books in the mural communicate that TWU supports the freedom of inquiry and reference the artists’ objection to book bans in American public and school libraries.

“We understand that some people might get offended,” Antoine said. “There is a lot going on right now, with certain states, like Florida, making laws about how history can be taught, and teaching that slavery benefited the slaves. We’ve talked about it.”

Senior Felicity Sanders said the class talked about what university leaders wanted, as well — a mural that seconds the recent ”Dream Big” campaign, which aims to raise $125 million for the university’s 125th anniversary. But the campaign is also a celebration of the diversity at TWU.

TWU visual arts and design students working on a mural painting at the Denton campus. Leo Gonzalez/Texas Woman’s University

Leo Gonzalez

/

Texas Woman’s University

TWU visual arts and design students working on a mural painting at the Denton campus.

“We wanted to do something that recognizes all of the different cultures and identities on campus,” Sanders said. “TWU is a place for everyone.”

Senior Flor Bejar and Sanders said the mural has taught the class about the reality of creating a mural, which often means changing techniques and designs after the project gets started.

“You just don’t know what’s going to happen until you start,” Bejar said.

The class had to clean the wall, then prime it. Valderas said the stucco wall soaked up several coats of primer, and the artists are having to press the paint onto the wall.

Colby Parsons, the interim dean of the TWU Department of Visual Arts, said the mural marks an important moment for art students.

“I’m impressed with what they’ve been able to accomplish together,” he said. “I’ve been here for 27 years. I don’t know if this mural is a first, other than the brick murals. But I haven’t seen a project like this here.”

Valderas said he has listened as students give voice to what they hope will be enduring inspiration for students and for the people who live in the nearby neighborhood.

“I know that, sometimes, I’ll be driving to campus and I’ll be so tired,” Cox said. “Sometimes, I find myself saying, ‘Can I keep doing this?’ But I get here and it’s like, yes, I can do this.

“I like to think that other students like me will see this and know that, no matter where they come from or what they’re going through, they can get through school. That they can look at this mural and see themselves in it and know that. You know? That they look at this, see themselves and know that someone else did it.”

A Colossal Conversation: Arghavan Khosravi On Tension, Circumventing Censorship, and the Protest of Iranian Women

A Colossal Conversation: Arghavan Khosravi On Tension, Circumventing Censorship, and the Protest of Iranian Women

“The White Feather” (2023), acrylic on canvas over shaped wood panels, wood cutouts, plexiglass, metal nails, chainmail, feather, 82 x 50 x 16 inches. All images © Arghavan Khosravi, shared with permission

For Arghavan Khosravi, obscurity is the point. In a new conversation with Colossal, the Iranian artist recounts how she translates the experience of living a dual life—that of immigrating, of presenting differently when at school and at home, and of wanting to deny clear interpretations—into disjointed works that are equally alluring and destabilizing. She says:

I’m interested in this idea of contradiction in general, not just in how the paintings look. When I have imagery coming from different contexts—like historic, contemporary, Western, Eastern—this creates tension, which is like a visual translation of the tension Iranian people feel living in Iran. Most Iranians don’t believe how the governing system is thinking and believing, so there is always this clash between tradition, religion, and then modernity and secular ideas.

Khosravi discusses using a simple visual alphabet to convey complex narratives, feeling inextricably tethered to her home in Iran, and why she needs to paint every day to cope with injustice and heal from trauma.

Read the conversation.

 

a fragmented work with a crying greek statue, two women shown through an open window, another woman obscured by a flowing orange curtain, and Persian imagery in back

“The Orange Curtain” (2022), acrylic on canvas over shaped wood panel on wood panel, 64 1/2 x 49 inches

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article A Colossal Conversation: Arghavan Khosravi On Tension, Circumventing Censorship, and the Protest of Iranian Women appeared first on Colossal.

Cleveland Clinic and Canon Inc. Enter Partnership to Advance Global Innovation in Medical Imaging Solutions

Cleveland Clinic and Canon Inc. Enter Partnership to Advance Global Innovation in Medical Imaging Solutions

Image provided with the courtesy of Canon Medical Systems Corporation

Cleveland Clinic and Canon Inc. have announced intentions to form a strategic research partnership to develop innovative imaging and healthcare IT technologies aimed at improving diagnosis, care and outcomes for patients.

The two organizations expect to establish a comprehensive imaging research center. The center will potentially include shared workspace in an existing building in Cleveland’s Fairfax neighborhood, adjacent to Cleveland Clinic’s main campus.

The initiative brings together a cross-institutional team of clinician scientists, researchers and engineers to pioneer state-of-the-art imaging technologies. Joint research projects will focus on cardiology, neurology and musculoskeletal medicine, and will have three major components – pre-clinical imaging, human imaging and image analysis. It will also enable local and global research collaborations.

“This unique collaboration leverages Cleveland Clinic’s expertise in biomedical research and clinical care with Canon’s global leadership in imaging innovation and precision manufacturing,” said Tom Mihaljevic, M.D., Cleveland Clinic CEO and President, and holder of the Morton L. Mandel CEO Chair. “By combining our strengths, we aim to create breakthroughs in imaging and work together to rapidly translate these innovations to improve patient care.”

Leaders from Cleveland Clinic and Canon announced the partnership Nov. 27.

“Under Canon’s ‘Made for Life’ philosophy, we are dedicated to improving the wellbeing of patients everywhere through our innovations in technology,” said Toshio Takiguchi, Senior Managing Executive Officer, Head of Medical Group, Canon Inc. “This collaboration with Cleveland Clinic allows us to use our mutual strengths to enable a future that delivers on this promise.”

The center will be part of the Cleveland Innovation District, a more than $500 million public-private partnership that brings the State of Ohio and JobsOhio together with Cleveland’s healthcare and higher education institutions to accelerate research, create jobs and educate the workforce of the future. The potential synergy with the Cleveland Innovation District was one factor which attracted Canon to launch its new U.S. healthcare subsidiary, Canon Healthcare USA, Inc., in Cleveland in February 2023.

About Cleveland Clinic

Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. Cleveland Clinic is consistently recognized in the U.S. and throughout the world for its expertise and care. Among Cleveland Clinic’s 77,000 employees worldwide are more than 5,658 salaried physicians and researchers, and 19,000 registered nurses and advanced practice providers, representing 140 medical specialties and subspecialties. Cleveland Clinic is a 6,699-bed health system that includes a 173-acre main campus near downtown Cleveland, 23 hospitals, more than 275 outpatient facilities, including locations in northeast Ohio; southeast Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2022, there were 12.8 million outpatient encounters, 303,000 hospital admissions and observations, and 270,000 surgeries and procedures throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 185 countries. Visit us at clevelandclinic.org. Follow us at twitter.com/ClevelandClinic. News and resources available at newsroom.clevelandclinic.org.

About Canon Inc.

Canon Inc., headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment, industrial equipment and information systems. Canon’s extensive range of products includes production printers, multifunction office systems, inkjet and laser printers, cameras, video and cinematography equipment, network cameras, medical systems and semiconductor-manufacturing equipment. Originally established in 1937 as Precision Optical Industry, Co., Ltd., a camera manufacturer, Canon has successfully diversified and globalized to become a worldwide industry leader in professional and consumer imaging systems and solutions. With approximately 180,000 employees worldwide, the Canon Group includes manufacturing and marketing subsidiaries in Japan, the Americas, Europe, Asia and Oceania; and a global R&D network with companies based in the United States, Europe, Asia and Australia. Among its diversified business portfolio, the medical business is one of Canon’s main areas of focus. Leveraging its well-known innovative technology development and precision manufacturing, Canon boasts a comprehensive range of advanced medical imaging solutions, from diagnostic and interventional imaging systems with automated workflow and superior image quality, to healthcare IT solutions which deliver clinical insights directly to care givers throughout the healthcare enterprise. Canon is committed to developing innovations across the entire spectrum of medical imaging systems, in-vitro diagnostics, and healthcare IT solutions that contribute to improving the quality of life for patients worldwide, while developing a sound platform for business growth.

SIGMA LITHIUM LOADS 22,000 TONNE SHIPMENT OF TRIPLE ZERO GREEN LITHIUM CONCENTRATE TO GLENCORE AT A PREMIUM PRICE

SIGMA LITHIUM LOADS 22,000 TONNE SHIPMENT OF TRIPLE ZERO GREEN LITHIUM CONCENTRATE TO GLENCORE AT A PREMIUM PRICE

HIGHLIGHTS

  • Sigma Lithium announces that it will commence loading 22,000 tonnes of Triple Zero Green Lithium to Glencore at the Port of Vitoria during the week of November 27.
  • Glencore will prepay 50% for the shipment of Sigma’s unique Triple Zero Green Lithium concentrate at a provisional “premium” price of 9% of the quoted LME lithium hydroxide price (average China, Japan, South Korea).
  • Sigma Lithium can produce Triple Zero Green Lithium as a result of having effectively lowered its carbon footprint with a series of pioneering initiatives, paving the way forward for the battery materials sector, as follows:
    • Zero tailings (donated and sold)
    • Zero hazardous chemicals
    • Zero carbon (neutrality achieved through Amazon Rainforest VERRA Carbon Credits)
  • This important milestone underscores the significant capabilities and seamless integration of the technical, commercial and logistics leadership teams in achieving a shipment cadence of approximately 22,000 tonnes of Triple Zero Green Lithium per month.
  • Demonstrates the consistent performance of Sigma Lithium’s Greentech Plant in ramp to achieve annual nameplate capacity of 270,000 tonnes of “Triple Zero Green Lithium”.

SÃO PAULO, Nov. 27, 2023 /PRNewswire/ — Sigma Lithium Corporation (“Sigma Lithium” or the “Company“) (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate, announces that it will commence loading 22,000 tonnes of Triple Zero Green Lithium to Glencore at the Port of Vitoria. Sigma’s fourth shipment is expected to begin loading on November 27th.

Glencore is expected to prepay 50% of the fourth shipment’s value upon completion of loading. The 50% prepayment reflects premium pricing at a 9% provisional price of lithium hydroxide at LME (average China, Japan, South Korea) for the Company’s unique Triple Zero Green Lithium.

The shipment is part of a commercial distribution and marketing agreement with Glencore that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles.

Sigma Lithium’s Triple Zero Green Lithium: The foundation of a globally sustainable supply chain

The Company’s Triple Zero Green Lithium is produced at its state-of-the-art Greentech lithium plant at its Grota do Cirilo Project in Brazil, the first lithium project in the world without a tailings dam. With 100% dry-stacked tailings and the absence of hazardous chemical products for processing lithium, the Company is preventing water and soil contamination and contributing to the preservation of rivers and forests in the region.

The Company’s main achievements towards abating its carbon footprint include:

  • Zero tailings: 100% dry stacked tailings, with all by-products eliminated through sales or upcycling to pave roads.
  • Zero hazardous chemicals: Utilizes Dense Medium Separation (“DMS”) at the Greentech plant, which does not utilize hazardous chemicals.
  • Water efficiency: Utilizes 100% sewage water for its plant, fully recirculated.
  • Water preservation: Preserves 100% of the Piaui Creek source of drinking water for the communities living around Sigma Lithium.
  • Clean renewable energy: Utilizes 100% clean renewable energy for its Greentech Plant via “behind the meter” supply agreements.
  • Biodiesel: Utilizes biodiesel fuel in some of its trucking fleet, with plans to increase to up to 50% by 2025.
  • Explosives / ANFO: Decreased explosives load with computerized load simulation strategies.

Further, due to the low carbon content of Sigma Lithium’s products, as well as its environmentally sustainable production methods, the Company’s carbon footprint was offset with carbon credits purchased from Carbonext (which are verified through Verra Verified Carbon Standard), making the shipment carbon neutral.

ABOUT SIGMA LITHIUM

Sigma Lithium (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate.

Sigma Lithium has been at the forefront of environmental and social sustainability in the EV battery materials supply chain for six years and it is currently producing Triple Zero Green Lithium from its Grota do Cirilo Project in Brazil. Phase 1 of the project is expected to produce 270,000 tonnes of Triple Zero Green Lithium annually (36,700 LCE annually). If it determines to proceed after completion of the detailed engineering study, Phase 2 & 3 of the project are expected to increase production to 766,000 tonnes annually (or 104,200 LCE annually). The project produces Triple Zero Green Lithium in its state-of-the-art Greentech lithium plant that uses 100% renewable energy, 100% recycled water and 100% dry-stacked tailings.

Please refer to the Company’s National Instrument 43-101 technical report titled “Grota do Cirilo Lithium Project Araçuaí and Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report” issued June 12, 2023, which was prepared for Sigma Lithium by Homero Delboni Jr., MAusIMM, Promon Engenharia; Marc-Antoine Laporte, P.Geo, SGS Canada Inc; Jarrett Quinn, P.Eng., Primero Group Americas; Porfirio Cabaleiro Rodriguez, (MEng), FAIG, GE21 Consultoria Mineral; and Noel O’Brien, B.E., MBA, F AusIMM (the “Updated Technical Report”). The Updated Technical Report is filed on SEDAR and is also available on the Company’s website.

For more information about Sigma Lithium, visit https://www.sigmalithiumresources.com/.

Sigma Lithium

LinkedIn: Sigma Lithium
Instagram: @sigmalithium
X (Twitter): @SigmaLithium

FORWARD-LOOKING STATEMENTS

This news release includes certain “forward-looking information” under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Groto do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company’s market position and future financial and operating performance; the Company’s estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company’s ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company’s profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Sigma Lithium

How Ally Financial Is Delivering Business Value From Generative AI

How Ally Financial Is Delivering Business Value From Generative AI
image

Ally Financial (NYSE: ALLY) is a top 25 U.S. financial holding company managing $196B in assets and serving over 11 million customers. Ally was founded in 1919 by General Motors (GM) and was known as the General Motors Acceptance Corporation (GMAC) from its founding until 2010, when it was rechristened as Ally Financial. Today, Ally is one of the nation’s leading automotive lenders, as well as providing deposit, lending, mortgage, and credit card services as the nation’s largest all-digital bank.

Being an all-digital bank, Ally relies heavily on innovation to deliver banking services to its customers. This requires strong coordination of digital, data, technology, product, and operations capabilities. As one of the few financial services industry executives with such a wide mandate, Sathish Muthukrishnan holds the title of Chief Information, Data, and Digital Officer, and as a member of the executive leadership team reporting to the CEO, his responsibilities include tech and digital, as well as cybersecurity, infrastructure, product customer experience, and now, Artificial Intelligence (AI).

Quality customer experience is at the core of Ally’s company mission. Muthukrishnan explains that investments in technology, digital capabilities, data, and therefore AI, must always tie back to creating a business impact that supports the company mission. He notes, “Magic happens at the intersection of customer experience, business impact, and technology”. For Ally, the process begins with the definition of business use cases. These business use cases draw upon data from across Ally. The starting question must always be “what data do you need?”, to support a particular business use case. Taking this approach ensures that the process is business-driven at every stage. Muthukrishnan comments, “This approach has accelerated our data journey by years”.

Given its innovation orientation, it should not come as a surprise that Ally is now charting a course in experimentation, testing and productization of Generative AI. In June of this year, Ally launched a proprietary, cloud-based AI platform, Ally.ai, which possesses the functionality of traditional and generative AI tools, including foundational models, along with the specialized human touch and data security protections essential for a financial services company. The platform serves as a secure, private bridge between enterprise-grade Large Language Models (LLM) and Ally’s data and AI applications, which allows Ally to integrate any type of AI capability, including generative AI and large language models, into business operations at an enterprise scale. Muthukrishnan comments, “The purpose of building Ally.ai in-house, and with foundational data, cloud and network infrastructure already in place, is to scale its use throughout the organization while also keeping a close eye on potential risks and opportunities for new use cases”.

On November 16, Ally announced the early results of an experimental Generative AI use case showing how Generative AI is being used to boost speed and drive team productivity, and creativity. The company found that by using Generative AI, marketers were able to reduce the time needed to produce creative campaigns and content by up to 2-3 weeks, resulting in an average time savings of 34%. Further productivity gains generated from the use of Generative AI, included:

  • A reduction in time needed for content creation and other marketing outputs of up to 2-3 weeks in the early stages of the creative process in tasks such as research, first drafts and naming exercises.
  • A 34% time-savings on tasks when using the Ally.ai interface that could equate to an annual savings of almost 3,000 hours across the participant team.
  • More than 80 prompts developed by participants during the test had an 87% usefulness rate, showing the value of prompt engineering training for teammates and the effectiveness of outputs that could be used in assigned work.
  • A prompt accuracy rate of 81%, signifying users received the right type of content or response outputs from the Ally.ai platform to complete their assignments.
  • Usefulness and accuracy in outputs when using Ally.ai for data analysis, quality controls and search engine optimization (SEO).

This marketing test comes on the heels of Ally’s first successful use case where Ally.ai was used for call summarization by the Customer Care and Experience group, reducing the time needed to service and close a customer inquiry, allowing associates to focus their energy on more meaningful customer interactions. The customer call summarization pilot program supported more than 700 associates in transcribing and summarizing live customer service phone calls in real time. Associates provided real time feedback on their experience, which helped refine the prompt engineering and model further. The result has been that 90% of the summaries using Ally.ai require no further human modification. An added benefit is that associates report that Ally.ai summarizations have helped them focus their energy on meaningful customer interactions.

Both of these use cases reflect a commitment to Ally’s core principles for the enterprise use of AI:

  • Focus on use cases that support employee productivity and optimize internal business processes.
  • Provide human intervention and controls for oversight and training.
  • Protect against the disclosure of personal identifying information.
  • Prohibit third party model providers from using Ally data to train their foundational models.

Commenting on these early Generative AI results, Andrea Brimmer, Chief Marketing and Public Relations Officer at Ally, notes, “The best marketing teams know the art of evolution, which includes evaluating and testing of transformative technologies”. She adds, “The early results demonstrate how AI could enable our talent to focus on creative tasks that needed the most human involvement, while speeding up the routine efforts of our day-to-day work. Brimmer concludes, “We look forward to the continued exploration of Generative AI and learning more about how the technology can assist our team.”

Looking ahead, Muthukrishnan is acutely aware that, “Generative AI can amplify both the good and the bad”. To this end, Ally is committed to rigorous AI Governance policies and practices, embodied in an AI Governance Group comprised of legal, risk, compliance, and audit representation, as well as subject matter experts from technology. From conception to production, the group has developed an AI Playbook which governs each stage of assessment, from conception to execution, with a “human in the loop” at every stage of development.

Muthukrishnan is positive about the future impact of Generative AI, observing, “You can’t escape the conversation around AI, so we are taking hold of that momentum and using it as a springboard to continue to explore new use cases that will drive AI adoption internally while supporting our business goals.” He continues, “AI can reshape how we work, how we serve our customers, how we personalize customer experience, how we improve productivity, and how we liberate our employees to solve higher level problems”. Muthukrishnan concludes, “We are optimistic about what AI will bring to our teammates and customers at Ally. It can transform the financial services industry.”

Winter Holiday Art Market Comes To First Americans Museum In OKC

Winter Holiday Art Market Comes To First Americans Museum In OKC

This week the First Americans Museum is hosting its annual Winter Holiday Art Market.

FAM store Manager, Tom Farris joined News 9 at 9 to talk about what shoppers can expect this year. The market begins on Saturday, Dec. 2, and continues on Sunday, Dec. 3. There will also be a special preview Friday night.

The event is free and the museum is hoping people will come help support artists.

Holiday Art Market At First Americans Museum

After a dozen years, Holiday Market still drawing visitors into Downtown

After a dozen years, Holiday Market still drawing visitors into Downtown


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