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.
The Direxion ETF provides 200% exposure to the electric and autonomous vehicles industry. ETF issuer Direxion announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares ETF (EVAV) that benchmarks 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index. Accordingly, it invests in 25 U.S.-listed companies…
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Researchers claim the Comprehensive National Science Center in Hefei, China, has developed brainwave-reading artificial intelligence systems to detect whether or not an individual supports the CCP, China’s Communist Party. In addition, the system purportedly registers a person’s allegiance to the CCP by measuring their brainwaves, facial expressions, and reactions to ‘political and thought education.’ The system ‘measures loyalty’ or reads minds in some manner. People took a stand in opposition to the post and it was subsequently taken down.
A report in Tech Crunch says recession fears have led Argo AI, a startup focused on self-driving technology, to lay off as many as 150 people and take it easy on new hiring. Argo AI is backed by Ford (NYSE: F) and Volkswagen (ETR: VOW3).
Artificial Intelligence: An Advanced AI-Enabled Virtual Assistant Referee Will Detect Offsides At The World Cup 2022
At the FIFA World Cup 2022™ in Qatar starting on 21 November, FIFA will use a semi-automated offside technology to assist video match and on-field officials in making more accurate and quicker offside decisions.
An eye doctor is likely to be the first person to detect diabetes, if only coincidentally, when they find evidence of diabetic retinopathy, a common complication arising from diabetes. However, by the time this is detected, it means the patient has suffered the disease for a long time, and is likely to have other complications such as periodontal disease and foot-and-ankle disease. AI technology goes a step ahead, however. It is even able to detect diabetes from retinas that appear healthy.
Siemens (ETR: SIE) launched its Xcelerator business platform in Munich last month. The platform includes internet-of-things -enabled hardware, software and digital services from across Siemens that offer a comprehensive digital twin that can bring together the mechanical, electrical and software domains. At the launch, Siemens CEO Roland Busch and NVIDIA (NASDAQ: NVDA) Founder and CEO Jensen Huang proposed the creation of an “industrial metaverse” by combining the Siemens Xcelerator and NVIDIA Omniverse platforms.
John Deere (NYSE: DE) has achieved leadership in automated machinery powered by Artificial Intelligence (AI). The self-driving tractor pictured above was revealed in CES 2022 and has six pairs of stereo cameras. Images captured by the cameras are passed through a deep neural network that monitors the path ahead and stops the tractor if it senses an obstacle. The autonomous tractor also functions within an inch of its preset working boundary.
Pharma giant Merck (NYSE: MRK) has launched the Merck Digital Sciences Studio (MDSS), a biotech accelerator that will back AI and ML-focused startups developing innovative technologies for drug discovery and development. The 10-month program has been designed in collaboration with the New Jersey Innovation Institute.
Artificial intelligence (AI) can now distinguish between the squawks of healthy chickens and the distress calls of a bird that is unwell or injured. With thousands of fowl present on a poultry farm, this technology enables quicker attention to one or more troubled birds. In the future, the technology could be extended to other animals being reared on farms.
Israel-based Camero Tech, has a range of “See-Through-The-Wall” (STTW) systems that use ultra-wideband (UWB) radar sensors, sophisticated signal and image processing, smart image reconstruction, together with AI to construct a real-time, high resolution, 3D image that presents what happens on the other side of the wall in a reliable manner. Systems such as the Xaver 1000 are a boon for armed forces, law enforcement agencies, intelligence operators, and first responders.
In a drive towards digitization, better efficiency, and optimized scheduling, the Port of Tanjung Pelepas (PTP), Malaysia, is investing in an AI-powered Port Management Information System. PTP has engaged port software provider Innovez One to supply its MarineM AI solution, and the software is likely to be integrated and operational by early third quarter of 2022.
In a move to incorporate AI into the somewhat tedious and error-prone manual vehicle inspections, GM (NYSE: GM) has taken a stake in UVeye, an Israeli startup creating vehicle inspection systems that incorporate proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor-fusion technologies.
There is an ongoing controversy about LaMDA, the AI that is claimed to have achieved sentience (the quality of being able to experience feelings), and at the center of it is Blake Lemoine, the Google (NASDAQ: GOOGL) engineer who started it all by publishing transcripts of conversations between himself and the AI. On June 14, Wired magazine, quoting The Washington Post, said Lemoine had demanded legal representation for LaMDA.
Sunway, China’s newest supercomputer was used to train an AI model with 174 trillion parameters. The newest generation of China’s Sunway supercomputer has reportedly stolen a march on Frontier, a computer build by the US Department of Energy, and ranked earlier this month as the world’s most powerful. According to SCMP, the Chinese machine trained…
Microsoft (NASDAQ: MSFT) announced an update to how it approaches facial recognition, in a step towards aligning with its internal Responsible AI Standard. It has therefore removed AI classifiers of sensitive attributes, ramped up its investments in ethical AI, and announced a new Limited Access policy.
NOLA Brewery will release its AI Blonde Ale at a Launch Party on June 20 to time with CVPR, the world’s premier computer vision event. It is the first craft beer created by an AI platform, and was the upshot of an experiment by The Australian Institute for Machine Learning and Barossa Valley Brewing (BVB), the latter founded by Denham D’Silva. BVB is the current Champion Australian Small Brewery (SA National Beer Awards 2021). D’Silva is also the co-founder and CEO of Deep Liquid, formed in 2022 to maximize the opportunity to provide critical easy-to-implement AI services to capture and unlock the value in SMEs collective data.
The Optimize AI Smart Sentiment Event-Driven ETF (NYSEARCA: OAIE) from Optimize Advisors uses a proprietary Options Artificial Intelligence “Smart Sentiment” technology to selects its investments. This rigorous, systematic process is at the core of the actively managed, long-only fund.
Clearview AI has reduced sales headcount this week while two senior executives appointed a year ago have departed amidst a churn in the company triggered by legal issues and potentially recessionary conditions in the economy.
A study published in the Chinese peer-reviewed journal Aerospace Shanghai gave details of an AI experiment in which the AI technology commanded three small satellites in their mission to hunt, attack, and capture other target satellites. (
Artificial Intelligence: AI Analysis Of Israeli Artifacts Shows Humans Used Fire Over 800,000 Years Ago
AI has helped researchers from the University of Toronto, the Weizmann Institute of Science and Hebrew University establish that ancient humans, or hominins, used fire at least 800,000 years ago at an archaeological site in Western Israel.
Artificial Intelligence: Spotify Acquires Sonantic, Which Created Val Kilmer’s Voice In “Top Gun: Maverick”
Audio streaming service Spotify (NYSE: SPOT) announced Monday its acquisition of Sonantic, a startup that uses AI to simulate the human voice. Sonantic was in the spotlight recently for helping create Val Kilmer’s voice dialogues in “Top Gun: Maverick,” because the actor is unable to speak due to throat cancer.
Google (NASDAQ: GOOGL) has allegedly placed one of its engineers, Blake Lemoine, on paid leave for breach of confidentiality after he published transcripts of conversations between himself, a Google “collaborator”, and the company’s LaMDA (language model for dialogue applications) chatbot development system. Lemoine has claimed that the system had become “sentient,” meaning it was able to perceive or feel things.
Shield AI is a defense-tech company that is developing autonomous software to enable collaborative teams of unmanned aircraft to operate in GPS- and RF-denied environments. The startup announced Thursday its S165 million Series E fundraising that achieved a valuation of $2.3 billion.
Artificial Intelligence: Prism Courage, Hyundai’s Ultra-Large LNG Carrier, Crosses The Pacific Autonomously
Avikus, a Hyundai (KRX: 005380) subsidiary focussed on autonomous navigation solutions, and SK Shipping announced on June 2 that the PRISM COURAGE, a 180,000 square-meter-class ultra-large LNG carrier had completed a roughly a 10,000 kilometer ocean voyage autonomously. The ship was equipped with HiNAS 2.0, Avikus’ Level 2 autonomous navigation solution.
The present-day Mayflower, completely unmanned and driven by artificial intelligence, completed its transatlantic journey, which commenced at England five weeks ago, at Halifax, Nova Scotia, instead of the Massachusetts coast where the Pilgrims landed. Though the AI ran flawlessly there were some mechanical problems, said an engineer from IBM (NYSE: IBM) which helped to build it.