Artificial Intelligence News: AI will add $15 trillion to the global economy (according to Gartner) by 2030. This fast-moving, technological breakthrough is powering the next industrial revolution and will disrupt the global economy in unforeseen ways. The DailyAlts AI channel tracks the latest developments, capital flows, technological advancements, and other influences that will transform the 2020s.
Cape Town-based Aerobotics, a startup that uses AI for the management of orchards, yield, pest and disease, and problem tree identification, raised $17 million. The oversubscribed Series B round was led by VC giant Naspers with participation from Platform Investment Partners, FMO: Entrepreneurial Development Bank, and Cathay AfricInvest Innovation.
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Scientists from the University of Bath, University of Oxford, and the University of Twente in the Netherlands have demonstrated the successful use of satellite cameras with deep learning algorithms to monitor the location and number of African elephants.
AI is playing an increasingly bigger role in the management of wind energy, wind farms, and the maintenance of wind turbines through machine condition monitoring systems. Google (NASDAQ: GOOGL) predicts wind conditions and production for the next day for its 700 MW wind energy resources, gaining an edge in its power market operations. In Europe, the SmartWind project seeks to cut costs and optimize revenues, while a German company is using big data and AI for fault diagnosis of wind turbines.
Current methods detect prostate cancer with only 30% accuracy and require invasive surgery for a final determination through biopsies. This is highly inconvenient and often results in complications such as bleeding and pain. Prostate cancer is the most common cancer in men. A team from the Korea Institute of Science and Technology (KIST) uses AI on urine samples to detect prostate cancer.
Margaret Mitchell, the leader of Google’s (NASDAQ: GOOGL) Ethical AI team, has seemingly run into problems with the company. Like her erstwhile Black colleague Timnit Gebru, who departed last month in controversial circumstances, Mitchell too is an outspoken critic at the company. Gebru revealed in a tweet Tuesday that Google had locked Mitchell’s corporate access.
Researchers at Colorado State University have designed an artificial intelligence (AI) system that can help train dogs when their owners are away. Such a situation may well come around soon as people return to offices after vaccination against the coronavirus and life returns to normal.
Three very significant events took place in 2020. First, the aggregate market cap of the computer chip industry overtook that of the oil industry. The top 30 semi-conductor companies are together valued at $2.5 trillion, while the 30 biggest oil firms are $1.7 trillion. Second, NVIDIA (NASDAQ: NVDA) knocked Intel (NASDAQ: INTC) off its pedestal as America’s biggest chipmaker. Third, AI vaulted to become the biggest business at NVIDIA.
An investigation in 2016 by Imazon showed that the actual length of roads in the Brazilian Amazon biome was nearly 13 times higher than what was shown in official maps. These unofficial roads, most of them illegal, threaten the existence of the Amazon ecosystems. The researchers spotted these unreported roads by tracing lines on satellite images.
IPVM unearths a patent that shows Huawei used “explicitly racist technology.” IPVM, a world authority on video surveillance, said in an article Tuesday that Huawei, Megvii, and several other Chinese tech companies have filed patents in China for various devices and systems that include Uighur and ethnic minority detection. It published the article in conjunction…
Tickeron has launched an AI-powered trading robot that can help traders navigate the volatile and highly risky waters of cryptocurrency trading. Dubbed the Crypto AI Robot, the tool is claimed to have made some very profitable predictions in the recent past.
Artificial Intelligence: Abu Dhabi’s MBZUAI, The World’s First AI University, Welcomes Inaugural Students
The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world’s first graduate-level, research-based artificial intelligence university in Abu Dhabi, opened its doors to its first batch of students. Studies will begin this week.
A research team led by Swinburne University of Technology Professor David Moss, Swinburne alum Dr. Xingyuan Xu, and Distinguished Professor Arnan Mitchell from RMIT University, has developed what is currently the world’s fastest, most powerful neuromorphic processor for AI. The optical neuromorphic processor operates a thousand times faster than previous ones.
Geely’s (HKG: 0175) Linhai plant, built along the lines of Volvo’s global manufacturing system, boasts of one of the most advanced production lines in the world. The company’s Emgrand EV, an electrified version of its best-selling Emgrand 7 sedan, has a 500km NEDC combined city and highway range. It goes from 30% to 80% charge in 30 minutes. Geely’s automotive strengths will join with Internet giant Baidu’s (NASDAQ: BIDU) automotive driving technology in a new joint venture between the two companies that will make ‘smart’ electric vehicles (EVs).
Hyundai first confirms, then retracts its statement on a tie-up with Apple on self-driving EV cars. On Friday, Hyundai Motor (KRX: 005380) sent investors and motor enthusiasts into a flurry of excitement with its announcement of a potential tie-up with Apple (NASDAQ: AAPL) for an electric car (the so-called Apple car) and batteries.
A person’s devices such as smartphones and smartwatches and other sensors (such as IoT devices) may sense signs of depression and other changes in the mental health of their user. In fact, these devices can accurately and continuously monitor these behavioral shifts, that otherwise may not be symptomatic. Their data, combined with AI, can help mental health doctors to better manage and monitor their patients.
In 2020, Africa was afflicted by an invasion of desert locusts that ravaged crops and worsened an already critical food shortage. Hundreds of millions of these rapacious insects attacked food crops across Ethiopia, Somalia, and Kenya. The UN described the outbreak as the worst seen in over 25 years. One swarm of these insects reportedly measured 40 km by 60 km. A locust swarm of a square kilometer can devour the same amount of food in one day as 35,000 people, according to the FAO. Kuzi, an AI-powered early warning system, helps farmers safeguard their crops from this menace.
Four new ‘bleeding edge’ ETFs are on the anvil from Simplify Asset Management. Founded by Paul Kim and David M. Berns, Ph.D., the firm’s new thematic ETFs focus on firms that have important technological or cultural edges and provide meaningful concentration to their stock price.
Ping Zhang, Senior Author, Assistant Professor of Computer Science and Engineering and Biomedical Informatics, Ohio State University, led a team of medical researchers on a project that used AI to suggest new uses for old drugs. The team found that machine learning could process huge amounts of data to determine whether existing, FDA-approved medications could be repurposed for use in other diseases.
The Pudding, a digital publication, has created a free service to evaluate your Spotify playlists. Dubbed “How Bad Is Your Spotify,” it explains: “Our sophisticated A.I. judges your awful taste in music.”
Stripchat is using AI as a high-level marketing tool to make its live adult webcam streams more customer-focused. The webcam platform successfully developed AI to categorize live streams by the kind of sex act and present them accordingly on the main page of its website. It’s a win-win both for users and the cam models. Site traffic nearly doubled in 2020.
AI can differentiate and detect the Anopheles mosquito, which is responsible for malaria, from other species of mosquitoes with near-total accuracy, according to researchers reporting in PLOS Neglected Tropical Diseases.
Pepsi (NASDAQ: PEP) goes to great lengths to ensure that its highly popular Cheetos Snacks always have the optimal crunch, lightness, and shape. Consistency of flavor, texture, and color is achieved through careful monitoring of the extruders that produce the delicious snack. Engineers need to constantly monitor variables such as the speed of the snack cutting tool, the ratio of cornmeal to water in the mix, snack lengths, bulk density, and other attributes. For the company, Cheetos is a billion-dollar brand that is produced in 22 countries in more than 50 flavours. No surprises then, that Pepsi decided to deploy AI for quality control of Cheetos’ production.
On Tuesday, the U.S. Air Force conducted a path-breaking flight test. An AI algorithm (colorfully named ARTUµ in true Star Wars style) rode alongside U.S. Air Force Maj. “Vudu” on a U-2 Dragon Lady assigned to the 9th Reconnaissance Wing at Beale Air Force Base.
The aircraft flew on a reconnaissance mission during a simulated missile strike, with core tasks divvied up between human and algo.