Nano Dimension Filed for 2nd Patent for a Unique Large Language Model (LLM)
January 31 2024 - 8:00AM
Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the
“Company”), a leading supplier of Additively Manufactured
Electronics (“AME”) and multi-dimensional polymer, metal &
ceramic Additive Manufacturing (“AM”) 3D printing
solutions, today announced the filing of a U.S. patent
application titled “
Large Language Models for Efficient
Anomaly Detection in Log Files of Industrial Machines”
(the “Log Analysis Patent” or “Patent”), which is targeted for
real-time data analysis and scalable deployment across the
Company’s own systems and industrial solutions provided to outside
customers.
The Log Analysis Patent addresses one of the
core challenges for automated anomaly detection. While machine logs
are usually a valuable source of information for industrial
systems, they are increasingly difficult and expensive to analyze
as the underlying systems have grown in complexity and the volume
of log data they contain has multiplied. Furthermore, logs are
typically analyzed after events have happened and not in real-time,
thereby missing the opportunity to apply corrective actions.
To overcome these problems, Nano Dimension has
extended its existing AI patents with a Large Language Model
(“LLM”) that can operate independently of engineering labels. With
this, the technology exploits the existing sentiment that is
expressed in the machine logs. This enables a fully
automated process of AI-powered prediction of
manufacturing anomalies before they occur, based either solely on
logs or in combination with other machine data and being efficient
enough to process billions of log lines.
The Log Analysis Patent follows a related patent
that was filed and announced in September 2023. Both patents are
equally valuable for the Company’s development of Nano Dimension’s
products, which are being designed with DeepCube Group’s deep
learning-based AI wherever possible, as well as for third party
customers and partners, who are increasingly looking to the Company
to leverage the same technology in their own industrial processes
and systems.
Dr. Eli David, Chief Technology Officer of AI
for Nano Dimension, commented: “The filing of the Large Language
Models for Efficient Anomaly Detection in Log Files of Industrial
Machines patent application is another significant development for
Nano Dimension and our customers. A solution is only truly
valuable with scalability and this new patent lies at the
core of tremendously scalable advanced industrial solutions.”
About Nano Dimension
Nano Dimension’s (Nasdaq: NNDM) vision is to
transform existing electronics and mechanical manufacturing into
Industry 4.0 environmentally friendly & economically efficient
precision additive electronics and manufacturing – by delivering
solutions that convert digital designs to electronic or mechanical
devices - on demand, anytime, anywhere.
Nano Dimension’s strategy is driven by the
application of deep learning based AI to drive
improvements in manufacturing capabilities by using self-learning
& self-improving systems, along with the management of a
distributed manufacturing network via the cloud.
Nano Dimension has served over 2,000 customers
across vertical target markets such as aerospace and defense,
advanced automotive, high-tech industrial, specialty medical
technology, R&D and academia. The Company designs and
makes Additive Electronics and Additive Manufacturing 3D
printing machines and consumable materials. Additive Electronics
are manufacturing machines that enable the design and development
of High-Performance-Electronic-Devices (Hi-PED®s). Additive
Manufacturing includes manufacturing solutions for production
of metal, ceramic, and
specialty polymers-based applications - from millimeters
to several centimeters in size with micron precision.
Through the integration of its portfolio of
products, Nano Dimension is offering the advantages of rapid
prototyping, high-mix-low-volume production, IP security, minimal
environmental footprint, and design-for-manufacturing capabilities,
which is all unleashed with the limitless possibilities of additive
manufacturing.
For more information, please
visit www.nano-di.com.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates,” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Nano Dimension is using
forward-looking statements in this press release when it discusses
the potential uses for and benefits of the Log Analysis Patent;
that its technology enables a fully automated process of AI-powered
prediction of manufacturing anomalies before they occur; the
potential value of the Patent to the Company’s development of Nano
Dimension’s products; its collaborations with strategic partners;
that its partners are increasingly looking to the Company to
leverage the same technology in their own industrial processes and
systems; the Company’s vision to transform existing electronics and
mechanical manufacturing.. Because such statements deal with future
events and are based on Nano Dimension’s current expectations, they
are subject to various risks and uncertainties. There can also be
no assurance that the patent application will be granted and, even
if granted, it may be in a narrower scope than requested. Actual
results, performance, or achievements of Nano Dimension could
differ materially from those described in or implied by the
statements in this press release. The forward-looking statements
contained or implied in this press release are subject to other
risks and uncertainties, including those discussed under the
heading “Risk Factors” in Nano Dimension’s annual report on Form
20-F filed with the Securities and Exchange Commission (“SEC”) on
March 30, 2023, and in any subsequent filings with the SEC. Except
as otherwise required by law, Nano Dimension undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. Nano Dimension
is not responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS
CONTACTInvestor Relations | ir@nano-di.com
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