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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: AMD Takes On Rivals In The AI Chip Sweepstakes

December 7, 2023

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while the ROCm 6 open software stack introduces new features supporting Large Language Models (LLMs). Additionally, the Ryzen 8040 Series processors come equipped with Ryzen AI capabilities.

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Artificial Intelligence: MIT Researcher Develops Mirai – An AI To Accurately Predict Breast Cancer

December 22, 2021

Regina Barzilay, an AI expert at MIT and a breast cancer patient, decided to bring her skills in an AI specialty known as natural language processing to the prediction of cancer. Along with a student protege and a Mass General doctor, she built Mirai – an AI that can predict with unprecedented accuracy the chances of a healthy person developing breast cancer.

Artificial Intelligence: The City Of Galveston Deploys AI To Help Maintain Sewers

December 21, 2021

The City of Galveston, Texas, is grappling with the problem of maintaining its sewers and sewer waste management amidst a tight labor market where not many people appear interested in the job. Currently, investigation and rectification of a sewer problem is a laborious task that needs to be completed to ensure proper waste disposal in the interest of public health. The City applied AI to assist its workforce.

Artificial Intelligence: Zurich Insurance Snaps Up AlphaChat To Automate Customer Service

December 20, 2021

Zurich Insurance Group has acquired Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation. The terms of the acquisition were not disclosed.

Artificial Intelligence: French Regulator Cracks Down On Clearview AI With Order To Delete Data

December 17, 2021

French privacy watchdog Commission Nationale Informatique & Libertes (CNIL) has deemed the facial recognition start-up Clearview AI to be in default of the privacy laws of the country because it unlawfully collected and used the personal/biometric data of the French people in the absence of a legal basis, and did not comply with individuals’ rights to access or delete their data.

Artificial Intelligence: Nokia Using AI To Monitor Vehicular Noise In The City Of Genk, Belgium

December 16, 2021

Nokia (NYSE: NOK) has deployed AI-powered Scene Analytics to monitor noise pollution emitted by vehicles on the Stalenstraat, a street in the city of Genk in Belgium. The system, currently only a “proof-of-concept,” will help address health and safety concerns of residents and visitors suffering from noise levels due to exhaust modifications in cars, motorcycles and other vehicles.

Artificial Intelligence: Signal AI, Which Sifts Through The Web For Data Insights, Raises $50M

December 15, 2021

Signal AI specializes in delivering knowledge to decision makers that can help them understand the risks and opportunities associated with their business. Signal AI’s decision augmentation solution is able to understand the unique decision context; its AIQ component identifies and maps relationships between the companies, people, products, and topics that matter to the decision makers.

Alternative Investments/AI: Robotics And AI Could Take Off In 2022, Says Global X

December 14, 2021

Global X, a New York-based provider of exchange-traded funds (ETFs), specializes in thematic funds including the U.S. Infrastructure Development ETF (PAVE), Lithium & Battery Tech ETF (LIT), Uranium ETF (URA) and Cybersecurity ETF (BUG). These have attracted some of the largest inflows in the thematic tech space this year. Jay Jacobs, the firm’s senior vice president and head of research and strategy told CNBC’s “ETF Edge” on Monday that the robotics industry could reach a “key inflection point” in 2022.

Artificial Intelligence: “AI Will Never Be Ethical,” Says An AI Tool In A Debate

December 14, 2021

The topic of the debate: ‘This house believes that AI will never be ethical.’ An AI tool debating on the above topic has issued a blunt warning that AI will never be ethical. And it should know: It was trained on 63 million news articles, Wikipedia and Reddit Discourse. The AI tool, which has the…

Artificial Intelligence: AI Surveillance Firm SenseTime Forced To Put Off IPO After US Blacklisting

December 13, 2021

SenseTime, a Chinese AI startup, put its $767 million Hong Kong IPO in abeyance after being placed on a US investment blacklist for allegedly using its facial recognition technology to identify repressed ethnic minorities such as the Uighurs.

Alternative Investments/AI: WisdomTree Launches Artificial Intelligence and Innovation Fund (WTAI)

December 10, 2021

WisdomTree Investments, Inc. (NASDAQ: WETF) announced Thursday the launch of the WisdomTree Artificial Intelligence and Innovation Fund (WTAI) on the CBOE. The passively managed ETF will track the WisdomTree Artificial Intelligence & Innovation Index. Charging an expense ratio of 0.45%, the fund will offer investors exposure to businesses primarily involved with the theme of AI and innovation.

Artificial Intelligence: Chinese AI Company And IPO-Hopeful SenseTime To Land Up On US Blacklist

December 10, 2021

In protest against human rights abuses against Muslim Uyghurs in Xinjiang, the US is likely to place SenseTime, the Chinese AI company, on an investment blacklist, the Financial Times reported Thursday. Washington will take the action against SenseTime on Friday, on the occasion of Human Rights Day, and alongside similar steps against a host of other countries, sources familiar with the matter told the FT.

Artificial Intelligence: The AI World News Digest

December 9, 2021

On Wednesday, Google-owned, London-based DeepMind announced an AI algorithm that can perform a wide range of language tasks, and display near-human-level competence on some, such as high school reading and comprehension.

Alternative Investments/AI: Mount Yale Launches Growth And Value Alpha Intelligent (AI) ETFs

December 8, 2021

Princeton Fund Advisors, LLC, a wholly owned subsidiary of Mount Yale Capital Group, has launched two new Alpha Intelligent funds based on growth or value. The Alpha Intelligent Large Cap Value ETF (AILV) and the Alpha Intelligent Large Cap Growth ETF (AILG) are based on the Ensemble Active Management (EAM) system.

Artificial Intelligence: A $500M Gift From Priscilla Chan And Mark Zuckerberg Funds New Harvard Institute

December 8, 2021

A gift of $500 million from Priscilla Chan and Mark Zuckerberg, announced Tuesday by the Chan Zuckerberg Initiative (CZI), will fund the Kempner Institute for the Study of Natural and Artificial Intelligence, launched by Harvard University the same day. It represents a new University-wide initiative standing at the intersection of neuroscience and artificial intelligence, seeking fundamental principles that underlie both human and machine intelligence.

Artificial Intelligence: Controversial AI Company Clearview To Nab Patent For “A Search Engine For Faces”

December 7, 2021

Clearview AI, the company that has been under fire from governments, tech giants and privacy advocacy organizations for scraping facial images from social media, is on the cusp of bagging a patent for a “search engine for faces” that can roam the internet to find matches.

Artificial Intelligence: New Revelations In Pure Mathematics By AI

December 6, 2021

Machine learning has assisted in the discovery of new fundamental results in pure mathematics. Researchers at DeepMind, London, University of Oxford, and University of Sydney have proposed a method by which machine learning can aid mathematicians in discovering new conjectures and theorems.

Artificial Intelligence: In 2022, Order Your Pizza On An App, Have It Served By Robots In A Mobile Restaurant

December 3, 2021

A trio of ex-SpaceX engineers, Benson Tsai, Brian Langone, and James Wahawisan, founded Stellar Pizza in 2019. The company has devised an innovative machine that uses high technology and advanced robotics to bake a pizza inside five minutes without the touch of a human hand. Stellar Pizza will launch in the spring of 2022 in Los Angeles inside a food truck and will serve pizzas baked on the basis of orders placed on the company’s app.

Artificial Intelligence: Ex-Google Researcher Gebru Launches Non-Profit To “Bring AI Back Down To Earth”

December 2, 2021

In a bid to free AI research “from Big Tech’s pervasive influence,” prominent AI research scientist Dr Timit Gebru has launched an independent research institute on the first anniversary of her tumultous ouster from Google (NASDAQ: GOOGL). The Distributed Artificial Intelligence Research Institute (DAIR) seeks to be an independent space where researchers can undo the harm done by AI to minority groups such as through biased technology.

Artificial Intelligence: Insilico Medicine Initiates First-In-Human Trial Of AI-Discovered Drug For Pulmonary Fibrosis

December 1, 2021

Insilico Medicine, an end-to-end artificial intelligence (AI)-driven drug discovery company, has dosed a volunteer in Australia with ISM001-055, a potentially first-in-class small molecule inhibitor of a novel biological target discovered by its Pharma.AI platform for the treatment of Idiopathic Pulmonary Fibrosis (IPF). It represents the first trial in humans of this drug candidate.

Artificial Intelligence: Chinese Autonomous Driving Company Pony Gets Paid Robotaxi License For Beijing

November 30, 2021

Pony’s passenger car business now moves from testing to commercialization. Autonomous driving technology company Pony.ai has been authorized to run paid autonomous robotaxi services in the Beijing Intelligent Networked Vehicle Policy Pilot Zone in southeastern Beijing, the company announced Monday. Significantly, Beijing, China’s capital, is the first Tier-1 city in China to permit chargeable autonomous…

Artificial Intelligence: UNESCO Member States Adopt The First Ever Global Agreement On The Ethics Of Artificial Intelligence

November 29, 2021

The first ever global standard on the ethics of artificial intelligence (AI) was adopted by the member states of UNESCO at its General Conference on Tuesday. Audrey Azoulay, director-general of the United Nations Educational, Scientific and Cultural Organization (UNESCO), presented the historic agreement on Thursday, nearly twenty months after she constituted an international group of 24 leading AI experts to draft recommendations on the ethical issues of AI.

Artificial Intelligence: Australian State NSW Deploying AI To Combat COVID Fraud And Building Defects

November 24, 2021

The Government of Australian state New South Wales (NSW) is deploying AI, data analytics and the blockchain in various administrative applications, according to statements by officials at the 2021 digital.NSW event.

Artificial Intelligence: How Sama Tea Used AI To Laser Focus Its Branding

November 23, 2021

According to Harvard Business School professor Clayton Christensen, there are over 30,000 new products introduced every year, and 95% fail. These include launches by seasoned, experienced entrepreneurs. Radhi Devlukia-Shetty and Jay Shetty therefore were not taking any chances with the launch of their pet project – Sama Tea. To make sure they made it into the ranks of the successful 5%, they roped in 100.co for AI-powered brand creation.

Artificial Intelligence: AI Surveillance On ‘Legal Eagles’ Working From Home

November 22, 2021

The pandemic forced lawyers used to working in secure offices to instead function from remote locations such as their homes. Their employer firms had to contend with a new problem: How to ensure the security and confidentiality of clients’ sensitive data and documents? Their solution: AI-enabled surveillance of contract attorneys using facial recognition software. The lawyers now had a choice: Accept the intrusive systems inside their homes or risk losing the job.