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Artificial Intelligence

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.

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Artificial Intelligence: LVMH Ties With Google Cloud For AI-Powered Experiences At Maisons Luxury Brands

June 16, 2021

LVMH (EPA: MC) announced today its tie-up with Google (NASDAQ: GOOGL) Cloud for the development of cloud-based AI solutions. LVMH and Google Cloud will work together and deploy the latter’s cloud technology and AI/ML tools for every part of the value chain at LVMH – from product development to supply chain, to the interfaces with employees, partners, and customers.

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Artificial Intelligence: Clinical Stage Pharmatech Startup Exscientia Acquires AI-Powered Allcyte

June 15, 2021

Exscientia, which uses AI to design and create drug candidate molecules satisfying complex therapeutic requirements with revolutionary efficiency, has acquired Allcyte, the Austrian company that uses AI for cancer screening. Exscientia will pay 50 million euros ($60.6 million) in a combination of cash and shares for the acquisition.

Artificial Intelligence: AI-Powered Tool From Penn Detects Certain Cancers By “Sniffing” Blood Samples

June 14, 2021

A study from researchers at the University of Pennsylvania and Penn’s Perelman School of Medicine shows that a new tool uses AI and machine learning to “sniff” vapors emanating from blood samples and thereby distinguish between benign and pancreatic and ovarian cancer cells with up to 95% accuracy.

Artificial Intelligence: The Biden Administration Establishes Task Force For The National AI Research Resource (NAIRR)

June 11, 2021

The White House Office of Science and Technology Policy (OSTP) and the National Science Foundation (NSF) announced Thursday the establishment of the National Artificial Intelligence (AI) Research Resource (NAIRR) Task Force.

Artificial Intelligence: FDA Grants Breakthrough Device Designation To Israeli Startup Ibex’s AI-Powered Galen Platform For Cancer Detection

June 10, 2021

In a situation where there is a growing and alarming scarcity of trained pathologists, and a rising number of tissue biopsies to be scanned for cancer, Ibex Medical Analytics has deployed AI to address the gap. It announced Wednesday that it won Breakthrough Device Designation from the U.S. FDA for its Galen cancer detection platform.

Artificial Intelligence: AI Is “Extraordinarily Precise” At Diagnosing Sleep Disorders

June 9, 2021

Sleep disorders range from sleep apnea to insomnia, narcolepsy and many more. For the typical diagnostic procedure (called a polysomnography test—or PSG or sleep study) the patient is admitted into a sleep clinic overnight. Various measuring instruments monitor the patient’s sleep patterns and their data is then reviewed by a sleep specialist. It could take the doctor as long as three hours to analyze the readings. However, an AI algorithm can perform the same task in seconds.

Artificial Intelligence: ProtectedBy.AI Launches AI-Powered, Code-Level Defense Against Cyberattacks

June 8, 2021

AI-driven solutions provider ProtectedBy.AI announced today the launch of CodeLock, claimed to be the first and only solution that continuously monitors an organization’s software at the code level and eliminates malware threats completely.

Artificial Intelligence: UK Unit For AI And Quantum Computing To Cost £210M

June 7, 2021

The UK Government’s Science and Technology Facilities Council (STFC) and IBM (NYSE: IBM) will establish a facility in the UK for quantum computing and machine learning. Titled the Hartree National Centre for Digital Innovation (HNCDI), it is being created at the Daresbury Laboratory near Halton in Cheshire.

Artificial Intelligence: Wu Dao 2.0, China’s Fire-Breathing New AI System, Is 10X Bigger Than GPT-3

June 4, 2021

Earlier this week, researchers from the Beijing Academy of Artificial Intelligence launched a new version of Wu Dao, their own deep learning natural language model, which appears to be leagues ahead of GPT-3, the model from Open AI, and Google’s Switch Transformer. The last-named two models each represented massive advances in natural language processing.

Artificial Intelligence:Indian Government Launches X-Ray Setu, An AI-Powered COVID Detector On WhatsApp

June 3, 2021

The Indian Government has launched X-Ray Setu which operates on a WhatsApp bot and detects COVID-19 through the upload of a X-ray image. The system will hopefully be useful in India’s rural hinterland and small towns where RT-PCR diagnostics and CT scans are unavailable for diagnosing COVID-19.

Artificial Intelligence: Candela Presents Electric “Flying Boat” Running On An AI-Powered Hydrofoil System

June 2, 2021

Swedish electric boat maker Candela Speed Boat AB presented its Candela C-7 boat at the Venice Boat Show on Tuesday. It is described as an entirely new type of watercraft equipped with the world’s first active hydrofoil system. The AI-powered hydrofoil lifts the hull of the C-7 completely above the surface of the water. This cuts friction by 80% and allows the boat a longer range on battery power.

Artificial Intelligence: AI-Powered Sex Dolls Could Develop Personalities

June 1, 2021

San Marcos, California-based RealDoll produces sex dolls, and one range possesses AI capabilities. Equipped with an advanced X-Mode system, these robots can conduct a conversation, and even display typical emotions such as jealousy and affection. They could even be AI-trained to be become more like a “partner,” mimicking their personality and responses.

Artificial Intelligence: NERSC Launches Perlmutter, The World’s Fastest AI Supercomputer, For “Extreme-Scale” Science

May 28, 2021

On Thursday, the National Energy Research Scientific Computing Center (NERSC) at Lawrence Berkeley National Laboratory, which is DOE Office of Science’s (SC’s) mission high-performance computing facility, launched supercomputer Perlmutter. It is designed for the most demanding, AI-based, “extreme-scale” science applications such as developing new energy sources, improving energy efficiency, discovering new materials, mapping the universe, and analyzing massive data sets from scientific experimental facilities.

Artificial Intelligence: Eye Tracking Company Smart Eye Acquires Emotion Detection Software Firm Affectiva

May 27, 2021

Affectiva says 9 people are killed every day and 1,000 are injured due to distracted driving. 6,000 people are killed annually due to drowsy driving. Its Affectiva Automotive AI is an In-Cabin Sensing software that measures in real-time the state of the cabin, and that of the driver and occupants in it. Swedish company Smart Eye will acquire Affectiva to gain global leadership in automotive-grade Interior Sensing AI.

Artificial Intelligence: China Testing AI-Powered Emotion Detection on Uighurs (BBC)

May 26, 2021

In a shocking revelation, a software engineer revealed to the BBC that an elaborate, AI-based system using facial recognition was being used on Uighurs in the Xinjiang province of China for detecting states of emotion on their faces.

Artificial Intelligence: Duke University Scientists Develop AI-Powered Toilet For Stool Analysis

May 25, 2021

Scientists at Duke University’s Center for Water, Sanitation, Hygiene and Infectious Disease (WaSH-AID) have developed Smart Toilet, an AI tool that can be retrofitted into standard toilets to collect information from patients’ feces. Gastroenterologists can use this data for the treatment of various gut diseases including irritable bowel syndrome (IBS).

Artificial Intelligence: Chinese Autonomous Vehicle Startup Pony To Test In California

May 24, 2021

Pony.ai, the Chinese autonomous mobility startup founded in Fremont, California in late 2016, has been permitted by California’s Department of Motor Vehicles (DMV) to test its driverless cars without human safety drivers behind the wheel on specified streets in the state’s three cities.

Artificial Intelligence: AI Will Police Offensive Messages On Dating App Tinder

May 21, 2021

Tinder, the global dating app, will deploy Artificial Intelligence (AI) to curb online harassment and offensive messaging on its platform. The new AI-backed feature, dubbed “Are You Sure?” or AYS, will sense if a message is inappropriate or offensive, and display that question as a prompt before the user can hit Send.

Artificial Intelligence: Bristol-Myers-Squibb And Exscientia Ink $1.2B AI Deal For Drug Discovery

May 20, 2021

Exscientia, the UK-based pharmatech company specializing in AI-driven discovery of drug molecules, has agreed to collaborate with Bristol-Myers Squibb Company (NYSE: BMY) for the discovery of small molecule therapeutic drug candidates in multiple therapeutic areas, including oncology & immunology using Artificial Intelligence (AI).

Artificial Intelligence: Google Plans To Use AI And Smartphone Cameras For Dermatology

May 19, 2021

At the Google I/O 2021 keynote on May 18, Google Health announced new tools that will help users identify different skin-related issues through Artificial Intelligence (AI) and a smartphone’s camera. The technology will identify dermatological problems related to skin, hair and nails, as well as screen for Tuberculosis.

Artificial Intelligence: India’s L&T Technology Develops AI-Enabled Parking Solution

May 18, 2021

Indian engineering and software company L&T Technology Services Limited (NSE: LTTS) and Intel Corporation (NASDAQ: INTC) have collaborated on the development of an AI-enabled outdoor parking solution suitable for airports, stadiums, shopping malls, and office campuses.

Artificial Intelligence: Australia’s ASIO Gets $1.3B AI Budget To Thwart Bad Actors

May 17, 2021

The Australian Security Intelligence Organization (ASIO) got a $1.3 billion funding boost for cutting-edge AI technology aimed at beefing up the country’s security and intelligence capabilities. The AI-on-a-war-footing move comes as Australia identified several countries behind infiltration attempts targeting government, commercial and industrial organizations.

Artificial Intelligence: A Molecule For Alzheimer’s Created By Exscientia’s AI Enters Clinical Trials

May 14, 2021

Oxford, UK-based Exscientia uses AI to design and create drug candidate molecules satisfying complex therapeutic requirements with revolutionary efficiency. Joint research by Exscientia with Sumitomo Dainippon Pharma Co., Ltd. (TYO: 4506) resulted in the creation of the molecule DSP-0038, a dual-targeted 5-HT1A agonist and 5-HT2A antagonist to be assessed for treatment of Alzheimer’s disease psychosis. Sumitomo will now initiate a Phase 1 clinical study of DSP-0038 in the United States.

Artificial Intelligence: Volkswagen’s Electric Version Of Its Iconic Microbus In Self-Driving Trials This Summer

May 13, 2021

VW will use hardware and software developed by Argo AI. Volkswagen (ETR: VOW3), which is targeting the launch of autonomous commercial delivery and micro-transit service in Germany by 2025, announced plans to trial new self-driving vehicles this summer in Germany. (The Verge) On Wednesday, the German automaker, which is collaborating with Argo AI for the…

Artificial Intelligence: IBM Launches Slew Of Products For The Hybrid Cloud And AI

May 12, 2021

IBM Announces Breakthrough Hybrid Cloud and AI Capabilities to Accelerate Digital Transformation at its 2021 Think Conference. These innovations around its hybrid cloud and AI platform are aimed at helping businesses manage their digital transformation, particularly after the pandemic.