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Sergey Tokarev: STEM is FEM progresses to end gender imbalance

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STEM is FEM was initiated by Sergey Tokarev, a Reface investor, in 2019 to address the key issue of gender imbalance in the fields related to STEM (Science, Technology, Engineering, and Mathematics). The program has completed its first year with some achievements. The program initiator talked about the program and its achievement during the first year.

STEM is FEM, a Program to Target Gender Imbalance

Sergey Tokarev realized the fact that there was a huge gender imbalance in the Ukrainian IT-sphere. The number of women working in this sphere is still close to one-third of the number of total workers. It is a global issue that is needed to be addressed as soon as possible. There is a need for collaborative efforts at the global level to destroy gender stereotypes. According to the stereotypes existing in the STEM-related fields, women are not suitable for the It development jobs. However, it is not true at all.

The STEM is FEM program deals with organizing free-educational STEM-related modules for the Ukrainian schoolgirls. During the first year, the charity initiative organized seven modules. More than 200 schoolgirls participated in them. The modules allowed them to attain knowledge in the field of IT, biotechnology, mechanical engineering, robotics, 3D modelling and printing, and others. As a result of these modules, the Ukrainian schoolgirls designed various projects including disinfection robots, benches to practice social distancing, and innovative bike stations.  

Most of the modules were organized in Kyiv during the first year. Each module included lectures, creative activities, and a filed visit. Sergey Tokarev noted, “During the offline modules, our participants visited the aviation museum, the genetic laboratory, the hydrometeorological institute, the dispatch service of Kyiv Electric Networks, as well as GlobalLogic, Beetroot, and a BMW car showroom.” The project moved to online modules in Spring 2020 amid COVID-19 concerns.

A Key Success Factor of STEM is FEM

Along with specialist in their respective fields, each module includes motivational speakers to allow the girls to get aspiration and motivation. According to Sergey Tokarev, the girls need motivation importantly as it is one of the main keys to success in every field of life. They talk to the motivational speakers to get confidence in their abilities.

“We let our participants meet successful female ambassadors, ministers, and top managers so that the girls get more faith in themselves,” noted Reface investor. STEM is FEM is not limited to the modules. It also organizes various other events for the Ukrainian schoolgirls including meetings with female scientists, webinars, workshops, visits to embassies, and many more. The Goethe Institute cooperated with STEM is FEM to create a youth reading club, LitMINT. The main aim of all these events and activities is to encourage girls to choose career paths leading to the tech sectors.

Future Insight

After achieving various key goals in the first year, STEM is FEM is entering its second year. The program plans to introduce girls to the artificial intelligence, space, agro-industry, and many other STEM-related fields. According to Sergey Tokarev, the next module is scheduled to be held on December 12-13. Conclusively, he urged the global organizations and leaders to take steps to address the gender imbalance in STEM-related fields. “The problem of gender imbalance in STEM is global. And it can only be solved by joint efforts,” he said.       

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Intel has Optimized 500 Artificial Intelligence Models for Core Ultra Processors

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“An important milestone has been reached in Intel’s efforts to establish itself as the leading chip supplier for AI PCs: the company announced that over 500 AI models have been optimized for its Core Ultra processors.”

The AI models, according to the Santa Clara, California-based company, cover “more than 20 categories of AI, including large language, diffusion, super resolution, object detection, and computer vision,” as of Wednesday. These models are available from industry partners Hugging Face, PyTorch, ONNX Model Zoo, and OpenVINO Model Zoo.

These include Google’s Bert natural language understanding model, Microsoft’s Phi-2 small language model, Meta’s Llama large language model, OpenAI’s Whisper speech recognition model, Stability AI’s Stable Diffusion 1.5 text-to-image generation model, and the Mistral language model.

Models “form the backbone of AI-enhanced software features like object removal, image super resolution, or text summarization,” according to Intel, which highlights the significance of its optimization work. It further stated that the models are compatible with the Core Ultra’s neural processing unit (NPU), GPU, and CPU.

According to the company, “the breadth of user-facing AI features that can be brought to market and the number of enabled/optimized models are directly correlated.” It is impossible to design a feature without a model. The feature cannot operate at its peak efficiency without runtime optimization.

The semiconductor giant is in an arms race with rivals AMD and Qualcomm to not only provide the best processors for AI PCs but also to enable compelling software experiences with the goal of creating greater demand for their respective products.

Along with the AI model optimization project, Intel has been developing over 300 AI-powered features for PCs with Core Ultra processors in collaboration with more than 100 independent software vendors (ISVs). In December, the company released its Core Ultra lineup; this is being done as part of its AI PC Acceleration Program, which was started a few months prior.

The company stated that the work it has done to establish AI PCs as a new device category and the investments it has made in client AI processing, framework optimizations, AI tools like OpenVINO, and other related areas have made its software enablement work possible.

Robert Hallock, vice president and general manager of AI and technical marketing in Intel’s Client Computing Group, said in a statement, “This unmatched selection reflects our commitment to building not only the PC industry’s most robust toolchain for AI developers, but a rock-solid foundation AI software users can implicitly trust.”

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Conduent and Microsoft Collaborate to Use AI to Increase Business Efficiency

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AI-Powered Strategic Alliance for Improved Business Operations

Conduent, a provider of business services, recently announced a strategic partnership with Microsoft. The purpose of this partnership is to lead the way in generative artificial intelligence (AI) applications in important industries. The partnership’s primary goals are to use AI to transform healthcare administration, improve customer support, and strengthen fraud detection systems.

Boosting Cloud-Based Secure AI Adoption

Conduent’s clients will be able to take advantage of a secure cloud environment at a faster rate thanks to the synergy between Conduent and Microsoft. Three generative AI pilot programs are presently being developed by the alliance, one of which aims to efficiently extract data from medical documents. The goal of this project is to use Microsoft’s Azure AI Document Intelligence and Azure OpenAI Service to expedite the resolution process.

AI’s Strong Effect on the Growth of Small Businesses

The applications of AI go beyond the healthcare sector and include small businesses, where AI is thought to be a growth accelerator. AI has many uses, from enhancing customer service to automating marketing campaigns to expand its market reach. Particularly tailored AI solutions are being developed for small businesses, taking into account their unique resource limitations, making advanced AI tools more accessible to them.

Businesses with limited resources can now benefit from AI models developed by companies like Microsoft, which has garnered attention and given them a competitive advantage in the market. Supporters of these scaled models emphasize how easy it is to integrate, how affordable, and how little data these models require—all of which are advantageous for most companies that handle large volumes of sensitive data.

Conduent and Microsoft’s partnership is a big step toward bringing artificial intelligence (AI) into conventional business models, optimizing workflows, and establishing new benchmarks for customer and client interaction.

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A positive mindset, steering positive financial change, meet Oz Clement Knight

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Oz Clement Knight pushes boundaries as a top financial educator and entrepreneur, inspiring lives worldwide.

It is sometimes not just about feeling passionate about working in a particular field; it is more than that for a few rare professionals and business owners who strive for excellence daily, besides feeling passionate about all they choose to lay their hands on. When we saw the rise of Oz Clement Knight, who has been in the financial sector for several decades, we understood how a person needs to surrender to his aspirations and goals in life to push boundaries and steer positive change.

Oz Clement Knight is all about this and beyond. At every step in his journey, he has proved why he deserves to be called a leader in the financial realm, for he has stayed committed to taking his clients to the financial success they wish to achieve and, in the process, has reached the forefront of the industry.

He has been pioneering financial success for others through two incredible ventures, namely OHL Ventures Fund LLC and Ozmarq Holdings Ltd. The former is a Delaware series limited liability company to make venture capital and growth equity investments in diverse leading seed stage, early stage, and developmental stage and later stage private companies, with companies engaged in social media, social media, life sciences, and clean tech businesses. Through the fund, he promises to create returns for investors by helping them identify and invest in potential leading-edge companies that can later provide them with massive returns.

The latter serves as the Manager of the fund that will establish a series of funds for purchasing securities of a portfolio company/companies from a secondary source, making a separate and distinctive investment directly in a portfolio company/companies, and/or investing in the interests of investment funds, special purpose vehicles, or other entities whose portfolios consist of one or more portfolio companies.

With his years of experience and knowledge in private wealth management, investment banking, and capital markets, the financial educator, who loves spreading his knowledge among others, especially the youngsters in the field, has ensured that he offers financial services that cater to the individual needs of his clients, eventually empowering them to navigate the varied financial complexities in their journey to reach financial success.

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