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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

Venture Capital: SoftBank’s Vision Fund 2 Leads $319M Funding In XtalPi

September 30, 2020

American-Chinese biotech XtalPi, an AI-based drug discovery company, is known for its Intelligent Digital Drug Discovery and Development (ID4) platform. The platform uses quantum physics, artificial intelligence, and high-performance cloud computing algorithms for predictions in drug discovery and development.

Artificial Intelligence: Early Detection Of Osteoarthritis Using AI

September 30, 2020

Osteoarthritis, the painful and incurable joint disease that afflicts over 3 million Americans, may soon be detected much earlier thanks to artificial intelligence (AI). Researchers at the University of Pittsburgh Medical Center (UPMC) and Carnegie Mellon University have harnessed AI to detect osteoarthritis years before symptoms even start to appear.

Artificial Intelligence: Squarefeet.AI Is Setting Real Estate Prices In Montreal

September 28, 2020

Squarefeet.ai uses artificial intelligence (AI) to optimize the unit pricing of new residential condo or rental projects, ensuring developers obtain the highest potential revenue. Its algorithm-based platform enables property developers and brokers to price properties on a rational basis rather than using “gut-feel” and “experience.”

Artificial Intelligence: AI Detects Loneliness With 94% Accuracy

September 25, 2020

Researchers at the University of California San Diego School of Medicine have found in a study that AI tools using NLP can predict the level of loneliness in older adults.

Digital Assets: Panxora Launches AI-Powered, Quantitative Hedge Fund For DeFi

September 24, 2020

The Panxora Group announced Monday its launch of a DeFi-focused hedge fund. The Cayman Island-based fund will offer investors the opportunity to invest in DeFi tokens and is already accepting subscriptions.

Artificial Intelligence: Adobe’s Liquid Mode Uses AI To Make PDFs Readable On Phones

September 24, 2020

Adobe’s (NASDAQ: ADBE) newly-launched “Liquid Mode” deploys artificial intelligence (AI) to automatically reformat documents, such as text- or image-heavy PDFs. The result: users can quickly view or navigate these documents despite their size or complexity.

Artificial Intelligence: FuzeDrive, The First-Ever AI-Enabled SSD

September 23, 2020

Enmotus Inc. focuses on innovations in PC storage using its patented Artificial Intelligent algorithms. It announced Tuesday the launch of FuzeDrive, the first-ever AI-powered Solid State Drive (SSD). FuzeDrive blends high endurance static SLC (Single Level Cell technology) with QLC (Quadruple Level Cell technology) on the same M.2 board.

Artificial Intelligence: AI Inside The New iPad Will Boost Low-Resolution Pics

September 22, 2020

The ML Super Resolution is a new tool inside Pixelmator Photo 1.4, a powerful photo editor created exclusively for the iPad. The new tool increases the size and resolution of images intelligently and automatically. This functionality, which was available in Macs, now comes to the iPad Air.

Artificial Intelligence: Cameras Powered By AI Help Save Elephants

September 21, 2020

RESOLVE is a Washington, DC-based NGO that seeks sustainable solutions to critical environmental, social, and health, challenges. It has partnered with AI software company CVEDIA to develop WildEyes AI, a camera-based solution to detect elephants and alert wildlife managers and communities. These warnings would prevent conflict situations between elephants and human settlements before they occur.

Venture Capital: Tonal, The Smart Home Gym Startup, Taps $110M

September 18, 2020

Tonal, a startup that makes compact, AI-powered, wall-mounted home fitness equipment, announced Thursday its raise of $110 million. Returning investors L Catterton, Sapphire Sport, Shasta Ventures, Mayfield, Evolution Media, and THVC, participated in the round along with new investors Delta-v Capital, the Amazon Alexa Fund, and Mousse Partners.

Artificial Intelligence: An AI-Controlled House Built By A Computer Scientist

September 18, 2020

It’s a striking, futuristic residence that commands panoramic views, combines home with a place to work, and is controlled by artificial intelligence having its own data center. Based outside Prague, Chechoslavika, the 5100-square-foot house is done up inside in stark white and has concrete-grey and glass exteriors. Named Villa Sophia, it’s home to a family of four and is purposely low-slung so as not to block the city view for the neighbors.

Artificial Intelligence: Intelligent Sugarcane Herbicide Sprayer Helps Save Great Barrier Reef

September 17, 2020

James Cook University College of Science and Engineering senior lecturer, Mostafa Rahimi Azghadi, is overseeing a project to develop a new robotic sprayer for weeds in canefields. The sprayer will reduce the use of herbicides by up to 80% because it uses a targeted spraying method instead of a wider, “at-will” distribution. Herbicides in the water run off from canefields alongside river catchments connected to the Great Barrier Reef are a hazard.

Artificial Intelligence: Microsoft and Nuance Team Up For AI-Powered Telemedicine Consults

September 16, 2020

Nuance Communications (NASDAQ: NUAN) and Microsoft (NASDAQ: MSFT) announced Tuesday the integration of an artificial intelligence-based clinical solution into Microsoft Teams to capture all details of clinical telemedicine via accurate documentation.

Artificial Intelligence: Brightseed, Which Uses AI To Explore Phytonutrients, Taps $27M

September 16, 2020

Brightseed, a biosciences and AI company based in the U.S., achieved fame with its discovery of a phytonutrient – a substance that plants produce to support their growth and defend against pathogens or predators. However, inside the human body, these compounds display anti-inflammatory, cardioprotective and neuroprotective abilities.

Artificial Intelligence: Robotic Dogs Conduct Advance Recces For The US Air Force

September 15, 2020

The U.S. Air Force recently tested robotic dogs to conduct a reconnaissance (recce) as a part of its thrust to boost the use of artificial intelligence (AI). The Ghost Robotics Vision 60 robots, four-legged, headless dog-like mechanical robots, emerged from inside an Air Force LC-130 Hercules transport. The aircraft had flown from Buckley Air Force Base in Colorado to Nellis, carrying with it airmen from the 621st Contingency Response Wing.

Artificial Intelligence: Pentagon Readying JCF, A Cloud-Based AI Infrastructure

September 14, 2020

The Pentagon’s Joint Artificial Intelligence Center (JAIC) has commenced the development of cloud platforms that could be used by the military’s AI developers to innovate new uses, including in defense. The JAIC has already migrated its main AI initiatives in preventive maintenance and humanitarian relief to a prototype cloud being developed together with consulting firm Deloitte.

Artificial Intelligence: Defense Secretary Esper Warns AI Could Transform The Battlefield

September 11, 2020

Defense Secretary Dr. Mark T. Esper was speaking at the virtual Joint Artificial Intelligence Center symposium. In his speech, he stressed the need for the U.S. to maintain its lead in Artificial Intelligence, as well as to harness the technology within an ethical framework.

Venture Capital: Iron Ox Wraps Up A $20M Series B For Robotic Cultivation

September 10, 2020

Iron Ox pioneered autonomous and robotic farming when it launched its first farm in 2018. Using a combination of machine learning, robotics, and plant sciences, the company addresses issues such as food security and the cultivation of fresh, more consistent production. It announced Wednesday the closing of its Series B funding round worth $ 20 million.

Artificial Intelligence: Rustle Up A Nice Dinner Using AI And Plant Jammer

September 10, 2020

Hold it. Plant Jammer is not your usual, run-of-the-mill recipe app that churns out a recipe not much different from a physical cookbook. It’s a vegetarian cooking app that encourages people to cook at home using plant-based ingredients available in their fridge, avoid food waste, and eat healthily. This “AI Chef” will serve as “the GPS for your kitchen.”

Artificial Intelligence: HSBC Using AI To Keep ATMs From Running Out Of Cash

September 9, 2020

HSBC (NYSE: HSBC) has developed in-house AI-powered technology to fine-tune cash-filling operations at its ATMs, currently outsourced to third-party vendors. The system was successfully tested on the bank’s network of 1,200 ATMs in Hong Kong. The bank saved as much as $1 million because the number of ATM refills declined by 15% following the use of the “iCash” AI technology.

Artificial Intelligence: AI Could Improve Hearing For Millions of Americans

September 8, 2020

Here are some shocking statistics on hearing loss from the US National Institutes of Health. Twenty-five percent of adults aged between 65 and 75, and half of those aged 75 and older, experience disabling hearing loss. And, 28.8 million US adults could benefit from using hearing aids. However, artificial intelligence could improve modern hearing aids to make sound more natural and life-like for everyone.

Artificial Intelligence: China’s Frightening, Orwellian Use Of AI

September 4, 2020

Ross Andersen, deputy editor at The Atlantic writes a chilling account of China’s sinister intentions behind its avowed objective to achieve global AI supremacy by 2030.
“Xi wants to use AI’s awesome analytical powers to push China to the cutting edge of surveillance,” says Andersen. “He wants to build an all-seeing digital system of social control, patrolled by precog algorithms that identify potential dissenters in real-time.”

Artificial Intelligence: Got Procrastination? Get Help From These AI-Powered Glasses

September 2, 2020

Startup Auctify has developed Specs, special glasses that are fitted with a camera in their frame. The camera is unique because it can figure out what is occupying your attention currently – a laptop, book, or a person. It does this using machine learning. What’s more, the device also records this information and relays it to a connected app. At the end of the day, or anytime, the user can figure out where their time went.

Artificial Intelligence: About RoboRXN, IBM’s Lab In The Cloud

September 1, 2020

The time and cost incurred to develop a new material or molecule can take as long as 10 years and $ 10 million. A lot of actions in the chemical research are repetitive, or cumbersome because they rely on a trial and error practice. At IBM (NYSE: IBM) Research Europe, scientists have reinvented chemical research and molecular discovery by incorporating artificial intelligence, cloud technology, and robotics into the mix. The result: RoboRXN.