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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: The World’s First NVIDIA-Certified AI Systems Now Available

January 27, 2021

Nvidia (NASDAQ: NVDA) announced in a blog on Tuesday that its biggest OEMs were now offering NVIDIA-Certified Systems. These are a new class of accelerated servers designed and tested for modern workloads such as AI and data analytics, and suitable for processes running at data center locations, and on the edge of the corporate network. The systems feature NVIDIA’s latest GPUs that ride NVIDIA Mellanox networks and speed up processing for AI.

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More Stories on Artificial Intelligence

Artificial Intelligence: In Historic Spy Plane Flight, AI Plays Co-Pilot

December 17, 2020

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.

Artificial Intelligence: Machine Learning To Identify Whale Sounds, Warn Ships

December 16, 2020

Southern resident Orca whales, also known as killer whales, are an endangered species. Researchers at Simon Fraser University (SFU), Canada, propose to use AI to identify them by their sounds, and then warn approaching ships of their presence.

Artificial Intelligence: Seductive Chatbot Xiaoice Sets 500M Chinese Men’s Hearts Aflutter

December 15, 2020

Created by Microsoft, Xiaoice is an AI-powered female chatbot that has nearly 500 million lonely Chinese men hooked on her charms. Available 24/7, on a wide variety of devices, and for free, she even talked one suicidal man off the parapet. Her fans know she has relationships with millions of other men, but they’re OK with that.

Artificial Intelligence: Spot Changes Hands Again; Hyundai Acquires Boston Dynamics

December 14, 2020

Hyundai Motor Group (KRX: 005380) announced Friday its deal to buy out a controlling interest of 80% of robotics specialist Boston Dynamics from SoftBank Group (TYO: 9984). Boston Dynamics makes Spot, that unnerving robotic dog (pictured above) with surprising capabilities. SoftBank will continue to hold a 20% interest in the company, which has been valued at $1.1 billion for this transaction. Financial terms were not disclosed.

Artificial Intelligence: Goodyear And SafeAI Team Up On Tire Intelligence For Autonomous Vehicles

December 11, 2020

Goodyear Tire (NASDAQ: GT) has forged a strategic tie-up with SafeAI, the AI specialist for autonomous solutions for the mining industry. The two companies will integrate a mining site and AI platform and process tire intelligence collected from rim-mounted sensors in heavy-duty vehicles.

Artificial Intelligence: Casino And Resort Operator Melco To Combat Food Waste Using AI

December 10, 2020

Melco Resorts (NASDAQ: MLCO), the global casino and resort operator famous for its City of Dreams and Morpheus resorts in Macau, plans to use AI systems from Winnow Vision to reduce food waste and improve environmental sustainability.

Artificial Intelligence: China’s Huawei And Megvii Tested AI To Pinpoint Uighur Muslims

December 9, 2020

Chinese tech giant Huawei and Megvii, one of the country’s largest AI companies, have reportedly tested a facial recognition system to track Uighur Muslims, a repressed minority group. On detection, the system also alerts the authorities.

Artificial Intelligence: AI-Controlled Gun Used to Kill Iranian Nuclear Scientist, Claims IRGC

December 8, 2020

On Sunday, Iran’s Islamic Revolutionary Guard Corps claimed that artificial intelligence and a satellite were used to control a machine gun that killed Fakhrizadeh on November 27.

Artificial Intelligence: AI Keeps Google’s Loon Balloons On Course In The Stratosphere

December 7, 2020

Helium-filled balloons launched into the stratosphere by Google’s (NASDAQ: GOOGL) subsidiary, Loon, relay internet signals from an earth station to thousands of subscribers’ devices on the ground. Positioned at a height of about 20 km, these balloons are being kept on course by AI created by Loon and Google AI.

Artificial Intelligence: A Capgemini Contest Winner Develops AI Tool To Track Sperm Whales

December 4, 2020

A team called “AI Sensing” won the Capgemini Group’s (EN: CAP) annual Global Data Science Challenge 2020 for developing a solution that analyzes thousands of photos of sperm whales and identifies matches of the individual whales.
The findings help scientists track the whales’ migration routes, protect their natural habitats, and analyze their social structures.

Artificial Intelligence: AI To Help Defend Murder Accused at the Old Bailey

December 3, 2020

It’s the first known case of artificial intelligence being used in a trial at the venerable Old Bailey, the U.K.’s top criminal court. Defense lawyers for James Watson, who is charged with murdering Rikki Neave, a six-year-old schoolboy in November 1994, are using artificial intelligence to analyze the over 10,000 documents connected with the trial.

Artificial Intelligence: AI Startups Scale And Olive Score Solid Funding Rounds

December 2, 2020

Scale AI, a startup that labels data for customers building machine learning algorithms, tipped the scales with a $3.5 billion post-money valuation when it raised $155 million in a Series D round led by Tiger Global. Olive AI Inc, which provides an AI workforce platform to the healthcare industry, closed a $225.5 million funding round, also led by Tiger Global, bringing its valuation to $1.5 billion.

Artificial Intelligence: Raytheon And C3.ai Team Up For Military AI Solutions

December 1, 2020

Raytheon Intelligence & Space, a unit of Raytheon Technologies (NYSE: RTX), will collaborate with C3.ai, a provider of enterprise AI software, to develop AI solutions for aerospace and defense missions by the US Air Force and intelligence agencies.

Artificial Intelligence: AI Solves 50-Year-Old Biology Mystery; Medical Breakthroughs Could Follow

November 30, 2020

Google-owned (NASDAQ: GOOGL) DeepMind, a London-based AI lab, announced that its AlphaFold program had solved the 50-year-old protein folding issue and is capable of predicting the shape of many proteins.

FinTech: Saudi Arabia Hosts Fintech Tour 20

November 30, 2020

A virtual event, the third Fintech Tour 20 is being held from 29th November – 10 December 2020. Fintech Saudi and the Capital Markets Authority (CMA) have launched the event to support the growth of the fintech industry in Saudi Arabia. Fintech Saudi is an initiative by the Saudi Arabian Monetary Authority (SAMA).

Artificial Intelligence: The Norwegian AI Lab Helps Salmon Aquaculture

November 25, 2020

Fish is a major export for Norway, earning a revenue of $11.3 billion in 2019, as per the Norwegian Seafood Council. Norwegian farmers are increasingly using artificial intelligence (AI) in aquaculture, the farming of fish and other marine organisms. The Norwegian AI Lab has developed AI models that can optimize various operations of this business.

Artificial Intelligence: Pactum’s AI Negotiates Contracts For Walmart

November 24, 2020

Pactum helps its customers unlock value by automatically negotiating contracts on a massive scale. Think Walmart (NYSE: WMT). It’s the largest retailer in the world and has many thousands of agreements that should be optimally negotiated for multiple parameters.

Alternative Investments/AI: European Investors Believe AI Is A “Compelling Opportunity”

November 23, 2020

Exchange traded fund (ETF) sponsor WisdomTree commissioned a survey by Coredata Research of professional investors across Europe on thematic investing. The survey found that a vast majority of these investors considered artificial intelligence as the most compelling long-term thematic investment opportunity.

Artificial Intelligence: Amidst The Pandemic, A New AI Platform Drives Business At Scotiabank

November 23, 2020

Toronto-headquartered Scotiabank (NYSE: BNS) announced that it had been using a new AI platform over the past 10 months to enhance its customer service through the delivery of faster insights and better advice.

Artificial Intelligence: An AI-Powered Breathalyzer Test For COVID-19

November 20, 2020

A sophisticated breathalyzer device that uses artificial intelligence and advanced mass spectrometry technology to detect whether a person is COVID positive has been developed and tested by Worlds Inc, the Texas A&M System, and the U.S. Air Force. Housed inside a kiosk, the Worlds Protect device analyses the exhaled breath from an individual and delivers the test result to a smartphone almost instantly.

FinTech: Financial Fraud Detecting Platform Verafin Sold To Nasdaq

November 19, 2020

Global technology company Nasdaq (NASDAQ: NDAQ) announced today its acquisition of Canada-based Verafin for $2.75 billion payable in cash. Verafin’s cloud-based software platform serves customers with fraud detection, money laundering protection, and high-risk customer management. The 2003-founded firm counts more than 2,000 financial organizations as its customers.

Artificial Intelligence: IBM Acquires Germany-based Software Firm Instana

November 19, 2020

IBM (NYSE: IBM) announced Wednesday its acquisition of German software company Instana for an undisclosed amount. The acquisition will help businesses better manage the complexity of modern applications, considering they span the hybrid cloud landscape and use AI extensively.

Artificial Intelligence: AI Found Bariticinib As A Potential Treatment For COVID-19

November 18, 2020

In July, we wrote about how researchers at BenevolentAI found that baricitinib, a drug used for rheumatoid arthritis developed by Eli Lilly (NYSE: LLY), could be used to treat COVID-19, the deadly virus disease afflicting the globe. A new study dated November 13 has found that baricitinib can reduce the risk of death by Covid 19 in elderly people.

Artificial Intelligence: AI Startups AliveCor And Ride Vision Raise Money

November 17, 2020

AliveCor’s AI-based products provide personal cardiological services. Its FDA-approved KardiaMobile device instantly detects heart conditions such as atrial fibrillation, bradycardia, tachycardia, and normal heart rhythm in an ECG. The company’s Kardia platform is AI-enabled and helps in the early detection of atrial fibrillation, which is very highly likely to cause a stroke.