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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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: SleepSound, An AI-Enabled Phone App Can Detect Sleep Disorders
AI technology developed by researchers Professor Guy Brown and Dr. Ning Ma from the Speech and Hearing Research Group at the University of Sheffield, UK, can now monitor snoring levels and detect sleep disorders, including obstructive sleep apnoea (OSA).
Artificial Intelligence: Berkshire Hathaway To Use Zesty’s AI-Driven Climate Risk Analysis
The Berkshire Hathaway Homestate Companies (BHHC), a group of six insurance carriers that are part of the Berkshire Hathaway insurance group, will use Zesty.ai’s AI-driven models that predict climate risks for specific properties.
Artificial Intelligence: SpectraLIT, An AI-Powered Test, Detects COVID Instantly
Medicircle Health, a Mumbai-based diagnostic company, launched this week SpectraLIT, a portable device that instantly detects Covid-19 from the patient’s nasal or mouthwash sample.
Artificial Intelligence: Autonomous Saildrone Surveyor Completes 28-Day, SFO-HONO Voyage
The Saildrone Surveyor, an unmanned, fully autonomous vehicle designed for deep-ocean mapping, completed its maiden voyage from San Francisco to Honolulu on Thursday, July 8. The 14-ton, 22-meter long Surveyor used wind and solar energy to power its 2,250 NM voyage and array of acoustic instruments.
Artificial Intelligence: Micron Technology Uses AI To Earn Higher Interest
Micron Technology, Inc. (NASDAQ: MU), a manufacturer of memory chips, uses an AI tool to earn millions of dollars of extra income on its treasury operations that deploy the company’s surplus cash in deposits and investments.
Artificial Intelligence: AI Tool Predicts Diabetes Risk From Fat Around The Heart
An AI tool developed by researchers from Queen Mary University of London has established that larger amounts of fat surrounding a person’s heart indicate the higher probability of diabetes regardless of the person’s age, sex, and body mass index. The AI tool could automatically estimate the amount of fat around the heart from MRI scan images.
Artificial Intelligence: AI Cuts Repatriation Costs Of Lost Luggage By 90%
SITA, a specialist in air transport communications and IT, has an AI-powered solution that helps resolve that chronic problem for airlines and passengers alike: lost luggage and articles. The manual process for reporting, matching, recording and return of these items to their owners is slow, opaque, expensive and stressful. The WorldTracer Lost and Found Property software program from SITA solves this problem on a global scale.
Artificial Intelligence: AI Can Now Forecast Ozone Levels Upto Two Weeks Ahead
Researchers at the University of Houston’s Air Quality Forecasting and Modelling Lab have achieved a breakthrough in predicting the levels of ozone in the Earth’s troposphere, the lowest level of our atmosphere. Their new artificial intelligence system, which forecasts these ozone levels up to two weeks in advance is a huge improvement on current methods that can do so for only three days ahead.
Artificial Intelligence: Pitney Bowes To Deploy AI-Powered Robots From Ambi Robotics For Ecommerce
Pitney Bowes (NYSE: PBI), a technology company that powers billions of transactions across the world of e-commerce, shipping, and mailing, announced the deployment of AI-powered robots to speed parcel sortation to last-mile delivery providers on behalf of its e-commerce clients. These automated parcel sorting systems from Ambi Robotics use AI to efficiently sort hundreds of thousands of unique parcels.
Venture Capital: NATO To Launch Investment Fund And Accelerator For Startups With War Technologies
The North Atlantic Treaty Organization (NATO), a defence alliance comprising 30 European and North American countries, announced its intention to back startups for developing technologies that could give it an edge in defense and warfare. NATO will launch a a startup accelerator programme and a €1 billion investment fund targeted at high-technology startups.
Artificial Intelligence: AI Simulates Long Lost Portions of Rembrandt’s Masterpiece
Rembrandt’s famed masterpiece, “The Night Watch,” an icon of the Netherlands that hangs in the Rijksmuseum in Amsterdam, is not the whole work as painted by the artist. In 1715, sections of varying widths were cut off from all sides of the painting to fit on a wall between two doors in the city’s Town Hall. The massive painting, now sized about 15 feet wide by 13 feet high, occupies pride of place in the Rijksmuseum. However, using AI, the public can now see the work nearly whole, and as intended by Rembrandt when he painted it in 1642.
Artificial Intelligence: Ping An’s New Deep Learning Framework Uses Unlabelled Data For Training
Ping An Insurance (Group) Company of China, Ltd. (SSE: 601318) announced Monday that research by Ping An Healthcare Technology Research Institute and Tsinghua University was successful in the development of a deep learning framework for drug discovery that learns molecular representations from large volumes of unlabelled molecules.
Artificial Intelligence: Autonomous Mayflower’s Transatlantic Voyage Cut Short After Glitch
The Mayflower, a crewless, captain-less trimaran, which embarked on a landmark, fully autonomous transatlantic crossing on June 15, has had to return to base after suffering a glitch, said to be minor. A collaboration between research organization Promare and IBM (NYSE: IBM), the Mayflower Autonomous Ship (MAS400) was to dock at Plymouth, Mass., the town where pilgrim travelers settled in 1620, after crossing the Atlantic.
Artificial Intelligence: Canon’s AI Cameras Insist Employees Say “Cheese”
At Canon Innovation Technology’s Beijing office, the workplace management system relies on AI-powered facial recognition instead of key cards. Last year, the Japanese tech giant incorporated a “smiling face technology” into the system that makes it mandatory for employees to smile into the camera to qualify for entry. Canon Innovation is a subsidiary of Canon, Inc (TYO: 7751).
Venture Capital: U.K.-Based Tractable Scores $60 Million For AI Processing of Motor Claims
Tractable, an AI company that works with insurers to accelerate claims processing, announced today its Series D round of $60 million led by Insight Partners and Georgian. The round tagged Tractable with a value of $1 billion, making the startup the world’s first computer vision ‘unicorn’ for financial services.
Artificial Intelligence: AI Is Detecting Wildfires in Sonoma County
The 37,000-acre Tubbs Fire, in 2017, was the most destructive wildfire in California’s history. According to Sam Wallis, a community alert and warning manager in Sonoma County, California, it was “an absolutely massive and fast-moving fire that we had no way of tracking.” But he now has help from ALERTWildfire, a system of artificial intelligence and sophisticated cameras to help him tackle fires before they rage out of control.
Artificial Intelligence: LVMH Ties With Google Cloud For AI-Powered Experiences At Maisons Luxury Brands
LVMH (EPA: MC) announced today its tie-up with Google (NASDAQ: GOOGL) Cloud for the development of cloud-based AI solutions. LVMH and Google Cloud will work together and deploy the latter’s cloud technology and AI/ML tools for every part of the value chain at LVMH – from product development to supply chain, to the interfaces with employees, partners, and customers.
Artificial Intelligence: Clinical Stage Pharmatech Startup Exscientia Acquires AI-Powered Allcyte
Exscientia, which uses AI to design and create drug candidate molecules satisfying complex therapeutic requirements with revolutionary efficiency, has acquired Allcyte, the Austrian company that uses AI for cancer screening. Exscientia will pay 50 million euros ($60.6 million) in a combination of cash and shares for the acquisition.
Artificial Intelligence: AI-Powered Tool From Penn Detects Certain Cancers By “Sniffing” Blood Samples
A study from researchers at the University of Pennsylvania and Penn’s Perelman School of Medicine shows that a new tool uses AI and machine learning to “sniff” vapors emanating from blood samples and thereby distinguish between benign and pancreatic and ovarian cancer cells with up to 95% accuracy.
Artificial Intelligence: The Biden Administration Establishes Task Force For The National AI Research Resource (NAIRR)
The White House Office of Science and Technology Policy (OSTP) and the National Science Foundation (NSF) announced Thursday the establishment of the National Artificial Intelligence (AI) Research Resource (NAIRR) Task Force.
Artificial Intelligence: FDA Grants Breakthrough Device Designation To Israeli Startup Ibex’s AI-Powered Galen Platform For Cancer Detection
In a situation where there is a growing and alarming scarcity of trained pathologists, and a rising number of tissue biopsies to be scanned for cancer, Ibex Medical Analytics has deployed AI to address the gap. It announced Wednesday that it won Breakthrough Device Designation from the U.S. FDA for its Galen cancer detection platform.
Artificial Intelligence: AI Is “Extraordinarily Precise” At Diagnosing Sleep Disorders
Sleep disorders range from sleep apnea to insomnia, narcolepsy and many more. For the typical diagnostic procedure (called a polysomnography test—or PSG or sleep study) the patient is admitted into a sleep clinic overnight. Various measuring instruments monitor the patient’s sleep patterns and their data is then reviewed by a sleep specialist. It could take the doctor as long as three hours to analyze the readings. However, an AI algorithm can perform the same task in seconds.
Artificial Intelligence: ProtectedBy.AI Launches AI-Powered, Code-Level Defense Against Cyberattacks
AI-driven solutions provider ProtectedBy.AI announced today the launch of CodeLock, claimed to be the first and only solution that continuously monitors an organization’s software at the code level and eliminates malware threats completely.
Artificial Intelligence: UK Unit For AI And Quantum Computing To Cost £210M
The UK Government’s Science and Technology Facilities Council (STFC) and IBM (NYSE: IBM) will establish a facility in the UK for quantum computing and machine learning. Titled the Hartree National Centre for Digital Innovation (HNCDI), it is being created at the Daresbury Laboratory near Halton in Cheshire.