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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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More Stories on Artificial Intelligence

Artificial Intelligence: Investors Use NLP To Analyze CEO-Speak

October 20, 2021

In 2020 an algorithm that was designed to spot hidden clues in spoken words pinpointed hesitant uncertainty in the words of IT executives discussing supply chain outages and a shortage of semiconductor chips. Though they maintained that all was fine, the algo didn’t think so.

Artificial Intelligence: Roche And Ibex To Collaborate On AI-Based Digital Pathology

October 19, 2021

Roche (SWX: RO), the global giant in pharmaceuticals and diagnostics, and Ibex Medical Analytics, a global leader in artificial intelligence (AI)-based cancer diagnostics, will collaborate on the development of AI-based digital pathology tools.

Artificial Intelligence: Duke Scientist Cynthia Rudin Wins $1M Prize For Socially Responsible AI

October 18, 2021

Duke University computer scientist Cynthia Rudin has been awarded the AAAI Squirrel AI Award for Artificial Intelligence for the Benefit of Humanity. She becomes the second recipient of the $1 million award. It recognizes her for “pioneering scientific work in the area of interpretable and transparent AI systems in real-world deployments, the advocacy for these features in highly sensitive areas such as social justice and medical diagnosis, and serving as a role model for researchers and practitioners.”

Artificial Intelligence: Criminals AI-Cloned Director’s Voice To Pull Off $35M Heist In The U.A.E.

October 15, 2021

In an eerily similar replay of a 2019 incident in which the CEO of a UK-based energy company transferred €220,000 (then about US$243,000) based on a telephonic instruction from a person that sounded like his boss, a UAE bank manager in 2020 paid out $35 million based on deep-faked, AI-cloned calls that he believed were from a client’s CEO.

Artificial Intelligence: AI Recreates Hidden Nude Portrait In A Picasso Painting

October 14, 2021

At the Deeep Ai Art Fair in Shoreditch, East London, hangs a 3-D printed, AI-generated canvas depicting a nude woman painted by Pablo Picasso. The image, now dubbed The Lonesome Crouching Nude, is an AI-rendered work created by Oxia Palus from a work hidden beneath the oil paint of Picasso’s The Blind Man’s Meal (1903). The ghostly nude woman, which had been painted over by Picasso, was originally discovered in 2010 using superimposed X-ray fluorescence (XRF) imaging.

Artificial Intelligence: IBM Launches Environmental Intelligence Suite

October 13, 2021

IBM (NYSE: IBM) has launched an Environmental Intelligence Suite, software that is a combination of AI, weather data, climate risk analytics, and carbon accounting capabilities. The suite helps organizations assess the climate impact of their own operations, assists in regulatory compliance, and to monitor for severe weather, wildfires, and air quality.

Artificial Intelligence: AI-Enabled Hearing Aids From Audibel Auto-Adjust To Environment

October 8, 2021

Audibel, a leading providing of hearing healthcare, has launched Arc AI, a full new line of AI driven hearing aids that provide exceptional sound quality through an AI algorithm that automatically adjusts hearing aids to the wearer’s environment.

Artificial Intelligence: Olea Edge Lands $35M To Expand Its AI Platform For Water Utilities

October 7, 2021

Olea Edge Analytics, an Austin-based AI startup that seeks to enhance municipal water revenues at cities and helps them combat situations such as drought, has raised a $75 million Series C round led by Insight Partners, the New York-based global private equity and venture capital firm.

Artificial Intelligence: Alphabet-Owned DeepMind Is Finally In The Black

October 6, 2021

DeepMind, the UK AI unit which Google (NASDAQ: GOOGL) acquired in 2014 for £400 million, has reported a maiden pre-tax profit of £46 million in 2020. Commercial revenues at DeepMind emanate from parent Alphabet, and those more than tripled to £826 million. Staffing and other costs surged to £780 million, up from £717 million in 2019.

Artificial Intelligence: Wessex Water To Use StormHarvester’s AI Tech To Monitor Sewer Network

October 5, 2021

UK-based Wessex Water is a regional water and sewerage business serving 2.8 million customers across the south west of England, owned by by YTL Power International of Kuala Lumpur, Malaysia. The utility has engaged StormHarvester, a provider of solutions for smart drainage, to deploy AI over its sewer network spanning 35,000 km.

Alternative Investments/AI: New ETFs From ProShares For Exposure To High Tech Sectors

October 4, 2021

ProShares launched three new thematic ETFs that address high technology themes such as automated manufacturing, big data and clean tech. “Each ETF is designed to offer investors exposure to a rapidly changing industry, from the automation of manufacturing to enhanced analytics and big data processing to powering the transition to clean energy,” ProShares CEO Michael Sapir said Thursday in a statement.

Artificial Intelligence: China Unveils Guidelines For Ethical AI

October 4, 2021

China’s Ministry of Science and Technology (MOST) has released a document titled “New Generation Artificial Intelligence Ethics Specifications” that specifies six ethical guidelines for the implementation and use of AI, rests all decision-making with humans, and addresses issues such as fairness, security, discrimination, privacy and data leaks.

Artificial Intelligence: Google’s DeepMind “Nowcasts” Rain

October 1, 2021

Google-owned (NASDAQ: GOOGL), London-based AI Lab DeepMind collaborated with the Met Office to develop a nowcasting system for predicting, accurately, the likelihood of rain over the next 90 minutes. In comparison, existing forecasting methods can do so for periods from six hours to two weeks.

Artificial Intelligence: AI Could Identify Termite Species In A Snap, A Boon For Pest Control

September 30, 2021

A team of researchers in Taiwan have utilized deep convolutional neural networks (DCNNs or CNNs) to extract and differentiate patterns within images and automatically identify termite species. Their success raises the possibility of the use of the technology in pest control to successfully counter termite infestations.

Artificial Intelligence: According To AI, “Samson And Delilah” In The National Gallery Is Fake

September 29, 2021

Artificial intelligence firm Art Recognition alleges that Samson and Delilah, the renowned painting by Peter Paul Rubens on display at London’s National Gallery, is a forgery. The antecedents of the work have long been questioned by critics, and now AI technology has debunked its authenticity with an accuracy of over 91%.

Artificial Intelligence: US Air Force Uses AI In “Live Operational Kill Chain”

September 28, 2021

Speaking at the Air Force Association’s Air, Space & Cyber Conference in National Harbor, Md., on Sept. 20, Secretary of the Air Force Frank Kendall said artificial intelligence had helped to identify a target or targets in “a live operational kill chain.”

Artificial Intelligence: Clearview AI Hits Advocacy Groups With Subpoenas

September 27, 2021

Clearview AI, the facial recognition company that has earned the ire of privacy, human rights, and civil liberties advocacy groups, has subpoenaed internal documents from some of the organizations that first exposed its activities.

Artificial Intelligence: FDA Clears AI-Powered Tool From Paige To Detect Prostate Cancer

September 24, 2021

Paige Prostate – “The first and only AI-based pathology product to receive FDA approval for in vitro diagnostic (IVD) use in detecting cancer in prostate biopsies.” Paige, which was founded in 2017 by Thomas Fuchs, Dr.Sc., David Klimstra, M.D. and colleagues from Memorial Sloan Kettering Cancer Center (MSK), has achieved the distinction of receiving the first ever FDA approval for an AI product in digital pathology.

Artificial Intelligence: AI Finds Potential Drug Treatment For Rare Cancer In Children

September 23, 2021

A team of scientists, doctors, and data analysts at The Institute of Cancer Research (ICR), London, used AI to achieve a potential breakthrough in the treatment of Diffuse Intrinsic Pontine Glioma (DIPG), a rare and fast-growing type of brain tumor in children. This cancer is difficult to remove surgically because it does not have well-defined borders (is “diffuse”) and therefore, survival rates have not improved for over 50 years.

Artificial Intelligence: AI To Help Survey For Endangered Bats Under Bridges

September 22, 2021

Hundreds of thousands of bats from about 40 species routinely nest under US bridges, and many of them are endangered or threatened. Transportation departments must mandatorily check for them before commencing bridge repairs. It’s a painstaking survey, with clues to the bats’ presence being extracted from their guano, droppings and stains. But AI is making the task easier.

Artificial Intelligence: AI Cameras In Amazon Delivery Vehicles Unfairly Penalize Drivers

September 21, 2021

Amazon (NASDAQ: AMZN) installed AI-powered cameras in its delivery fleet in February as an investment in safety technology across its operations. The company said at the time the system would provide drivers real-time alerts to help keep them safe on the road. A Los Angeles driver complained to Motherboard, however, that the camera penalized him whenever a car cut him off – a routine occurrence in traffic.

Artificial Intelligence: Mossad Used AI-Powered Gun To Kill Iranian Nuke Scientist Fakhrizadeh (NYT)

September 20, 2021

A New York Times article on Saturday said the Mossad, Israel’s national intelligence agency, used an AI-powered, Belgian-made FN MAG machine gun attached to an advanced robotic apparatus to remotely kill Mohsen Fakhrizadeh, the scientist leading Iran’s nuke program, on November 27, 2020.

Artificial Intelligence: AI To Predict Growth Of Harmful Algal Blooms in Oceans

September 17, 2021

Harmful algal blooms (HAB) occur when colonies of algae — simple plants that live in the sea and freshwater — grow out of control and produce toxic or harmful effects on people, fish, shellfish, marine mammals, and birds. Humans are rarely affected, but illnesses triggered by HAB could be fatal. A project in the UK seeks to develop technology to predict the advent of deadly HAB.

Artificial Intelligence: Ford, Argo AI, Walmart To Launch Deliveries Via Autonomous Vehicles

September 16, 2021

Walmart (NYSE: WMT) has tied up with Ford Motor Company (NYSE: F) and Argo AI for its first multi-city, last mile, autonomous delivery collaboration in the U.S. Ford’s self-driving test vehicles equipped with the Argo AI Self-Driving System will deliver Walmart orders to customers’ homes in Miami, Austin, Texas, and Washington, D.C.