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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: America’s Pacific Northwest National Laboratory (PNNL) Uses AI To Detect Illegal Nuclear Weapons

March 30, 2023

Researchers at Pacific Northwest National Laboratory (PNNL) in the United States are using machine learning techniques to identify rogue nuclear weapons. The analysis of the chemicals and infrastructure required to produce these weapons is key to detecting undesirable nuclear activity.


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More Stories on Artificial Intelligence

Artificial Intelligence: Bad Actors Are Using Voice Impersonation To Dupe Victims

March 6, 2023

Increasingly sophisticated AI allows scammers to replicate someone’s voice with an audio sample that could be as short as just a few sentences. Voice impersonation scams are on the rise in the US. The advancement of artificial intelligence (AI) has made it easier for bad actors to mimic voices, tricking people into believing that their loved ones are in distress.

Artificial Intelligence: AI Can Be Useful For Reinventing Business Processes

March 3, 2023

In the 1990s, companies used enterprise resource planning systems and the internet to carry out business process reengineering (BPR) in order to bring about radical changes to broad end-to-end business processes. However, the implementation of such systems often failed to meet expectations.

Digital Assets: Binance Creates AI-Fueled Frenzy On Bicasso, Its NFT Generator

March 2, 2023

Binance, the largest cryptocurrency exchange by trade volume, has announced the launch of Bicasso, an AI-based art generation platform that allows users to create and mint NFTs on demand. The beta version of Bicasso was launched on March 1, but the overwhelming demand for the platform caused technical issues, with the hard cap of 10,000 NFT mints selling out within just 2.5 hours.

Artificial Intelligence: Bridgewater Post-Dalio – More AI And Machine Learning, Less People

March 2, 2023

CEO Nir Bar Dea is now at the helm of Bridgewater. Bridgewater Associates, the world’s largest hedge fund, is adopting a new strategy under the leadership of CEO Nir Bar Dea, following its founder Ray Dalio’s departure five months ago. Bar Dea’s strategy aims to improve returns, increase profitability, and develop new sources of revenue….

Artificial Intelligence: A New AI Tool More Accurately Assesses Organs For Transplant

March 1, 2023

A team of researchers in the UK has developed a pioneering method to score potential organs for transplant using artificial intelligence (AI). The new AI tool, known as OrQA (Organ Quality Assessment), compares images of potential donor organs with tens of thousands of other organs that have been used in transplant operations.

Artificial Intelligence: Robin AI Raises $10.5M For Legal Services Powered By Generative AI

February 28, 2023

Robin AI, a legal tech startup, has announced that it has secured $10.5 million in Series A funding led by Plural with participation by Episode 1 and a cohort of angel investors. Robin AI will use the funding to scale its mission of changing the way the legal industry operates by using AI and generative models with “lawyers-in-the-loop” to cut legal costs and make simple legal tasks even easier. The company offers access to legal services, including a first-in-class AI-driven contract editor, to individuals, startups, and beyond, to process legal contracts at little to no cost.

Artificial Intelligence: Snapchat+ Now Features An AI Chatbot

February 27, 2023

My AI, an OpenAI-powered chatbot, makes its appearance on Snap and is accessible to Snapchat+ subscribers. In a statement, Snap (NYSE: SNAP) said “My AI can recommend birthday gift ideas for your BFF, plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku about cheese for your cheddar-obsessed pal.”

Venture Capital: Dutch AI Agtech Raises $23M Series A

February 27, 2023

Dutch company has raised $23 million in a Series A funding round led by Astanor Ventures, with further investment from Acre Ventures Partners and several of the Netherlands’ leading greenhouse operators. develops artificial intelligence (AI) tools to provide growers with guidance on optimal crop cultivation techniques.

Artificial Intelligence: Raphael Painted A Mystery Painting, According To AI

February 27, 2023

New facial recognition technology has been used to examine a painting known as the de Brécy Tondo, leading researchers to conclude that it is highly likely to be a masterpiece by Raphael. The technology was developed by Professor Hassan Ugail, of the University of Bradford, and uses a deep neural network to identify patterns in images with greater accuracy than the human eye.

Artificial Intelligence: NVIDIA’s Blockbuster A100 Chip Is The Preferred Workhorse For AI Such As ChatGPT

February 24, 2023

Despite a 21% decline in overall sales, Nvidia’s (NASDAQ: NVDA) AI chip business, reported as data centers, rose by 11% and generated sales of over $3.6 billion in the fiscal fourth quarter. This growth in the company’s AI chip business contributed to the company’s shares rising 14% on Thursday, outperforming the S&P 500 and other semiconductor stocks with a 65% increase so far in 2023.

Artificial Intelligence: Consulting Firm Bain Announces Global Services Alliance With OpenAI

February 23, 2023

Bain & Company, a top-level management consulting firm, has announced a global services alliance with OpenAI, the parent company of ChatGPT. Bain will be integrating AI into its client operations and various other tasks. The company aims to use AI to support the necessary changes to improve technology, processes, operating models, and data assets.

Artificial Intelligence: AI To Transcribe, Live, Hearings At The Supreme Court Of India

February 22, 2023

Using AI tools and Natural Language Processing (NLP) technology, the Supreme Court of India implemented a live transcription system for oral arguments for the first time in its history on Tuesday.

Artificial Intelligence: FRIDA, An AI-Powered Robotic Painter, Creates Art On Demand!

February 21, 2023

Carnegie Mellon University’s Robotics Institute has developed a new project called FRIDA, which stands for Framework and Robotics Initiative for Developing Arts. FRIDA is an AI-powered robotic painting system that collaborates with humans to create works of art.

Artificial Intelligence: Woolworths Australia Expands AI-Powered Self-Checkouts

February 20, 2023

Woolworths (ASX: WOW) is expanding the use of its self-checkouts with cameras and artificial intelligence in over 250 stores in New South Wales, Queensland, and Victoria, Australia. The system uses camera vision and AI to detect when items are not scanned correctly, and if an item is missed, a short video is replayed for the customer to rescan it.

Artificial Intelligence: After Users Flag Creepy Interactions With The New Bing, Microsoft Mulling Tweaks

February 17, 2023

Microsoft’s (NASDAQ: MSFT) release of a new version of Bing search engine that includes the artificial intelligence (AI) of a chatbot has led to the company considering tweaks and guardrails. The tech giant is looking at adding tools for users to restart conversations and limit conversation lengths before they veer into strange territory.

Venture Capital: AI+Quantum Computing Focused Startup SandboxAQ Lands $500M

February 16, 2023

Sandbox AQ, a company that develops software for post-quantum cryptography, quantum sensing, and quantum simulations, raised $500 million in a funding round. Breyer Capital, T. Rowe Price funds, and TIME Ventures, as well as former CEO of Google and current Sandbox AQ Chairman Eric Schmidt, all participated in the round.

Artificial Intelligence: The US Military Tests AI-Powered Target Acquisition And Attack On Its M1 Abrams Tank

February 16, 2023

The US military has mounted an experimental AI-driven target recognition system on an M1 Abrams tank, as part of the Advanced Targeting and Lethality Aided System (ATLAS) program. The system is designed to help detect and neutralize threats, by automating human tasks during passive target acquisition using machine learning algorithms.

Artificial Intelligence: AI Flies A Fighter Jet For Over 17 Hours

February 15, 2023

Lockheed Martin’s (NYSE: LMT) VISTA X-62A, a unique training aircraft, was flown by an AI agent for over 17 hours in December, marking the first time AI was used on a tactical aircraft.

Digital Assets: SEC Takes Aim At The BUSD Stablecoin, Sparks Redemptions

February 14, 2023

The US Securities and Exchange Commission (SEC) has issued a Wells notice to Paxos Trust Company, stating its intention to sue the firm for allegedly issuing unregistered securities in the form of the Binance USD (BUSD) stablecoin. Paxos issues several popular stablecoins and is regulated by the New York State Department of Financial Services.

Artificial Intelligence: Palantir Reports Profitable Quarter, Forecasts Its First Year In The Black

February 14, 2023

Data analytics software maker, Palantir Technologies (NYSE: PLTR), has forecast its first profitable year and announced cost-cutting measures, including slowed hiring and reduced investments in cloud computing, due to lower spending from cautious businesses.

Alternative Investments/AI: Tidal Files For ETF (CHAT) To Capture The Conversational AI Theme

February 14, 2023

A new exchange-traded fund (ETF) called the Conversational AI, AI and Innovation ETF has been filed with the Securities and Exchange Commission, seeking to invest in global stocks connected with artificial intelligence, specifically in “conversational” AI and innovation. Appropriately, the new ETF would trade under the ticker CHAT.

Artificial Intelligence: China Said To Deploy AI-Powered Spy Balloons

February 13, 2023

The use of spy balloons by China has raised alarm in the US, as they have been reportedly used for surveillance missions over US military facilities. These highly advanced balloons, powered by Artificial Intelligence (AI), are capable of conducting high-altitude reconnaissance operations.

Artificial Intelligence: MusicLM, A New Generative AI Tool From Google, Creates Music From Text

February 2, 2023

Google (NASDAQ: GOOGL) recently published a research paper on its new AI tool, MusicLM, designed to create music. The tool is based on machine learning and is trained on vast amounts of data to learn how to recreate different forms of content, including music.

Artificial Intelligence: Snap Mulling AR Glasses Powered By Generative AI

February 2, 2023

Snap (NYSE: SNAP), the parent company of Snapchat, has hinted at future AR glasses powered by generative AI technology. CEO Evan Spiegel stated that AI will be critical to the growth of AR, including AR glasses, and that the company is thinking about integrating AI into its Lens Studio technology. (