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.
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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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.
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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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.
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.
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.”
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.
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.