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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

Go master Lee Se-dol Retires; Concedes AI is Better at the Game

December 3, 2019

South Korean Go master Lee Se-dol was the only human ever to defeat artificial intelligence (AI) Go player AlphaGo. In 2016, Go master Lee Se-dol managed to win one game in a tournament of five games playing against the AlphaGo Artificial Intelligence algorithm. Lee has recently retired, admitting that AI was unbeatable at Go.

Huawei to Deploy Its Kunpeng 920 Chipset in World-Beating AI Platform

December 3, 2019

Huawei and the Pengcheng Laboratory released Cloud Brain II, a new AI computing platform, on Friday. The platform will use Huawei’s Atlas 900, claimed to be the world’s fastest AI training cluster. Further, Huawei will take the battle right into the Intel and NVIDIA camps by using its Kunpeng 920 chipset to power Atlas 900.

‘What’s Your Poison…Er…Whisky?’ Let AI tell you

November 29, 2019

If you want a single malt, but don’t know which, an artificial intelligence (AI)-based app will guide you.
Diageo has launched an online service that will help consumers choose their whisky based on answers to 11 questions.

Pensa Systems Raises $10 Million Seed Funding For AI-powered Inventory Drones

November 21, 2019

Pensa Systems raised another $10 million in a seed funding round that brought its total raised tally to $17.2 million.
Pensa’s autonomous drones, powered with computer vision and artificial intelligence (AI), may revolutionize the mundane chore of retail inventory taking.

Bill Gates-backed Startup Announces Clean Energy Breakthrough

November 21, 2019

Heliogen, a startup backed by Bill Gates, announced a breakthrough solar energy technology that could be a boon for heavy industry. Heliogen uses artificial intelligence and mirrors to reflect and concentrate sunlight to generate ultra-high temperatures. Said to be The Holy Grail of clean energy, it generates no emissions and is cheaper than fossil fuels.

AI Can Now Predict Lightning Strikes

November 19, 2019

An inexpensive tool combines machine learning and AI to forewarn of lightning bolts.
A team of researchers from École Polytechnique Fédérale de Lausanne, Switzerland, has found a way to use artificial intelligence (AI) to predict lightning strikes within 10 to 30 minutes.
The area covered at a single time is a 30-kilometer radius (approximately 18.6 miles).

The New Geneva AI Tool Automatically Learns How to Evade Censorship

November 14, 2019

In the arms race to implement (and avoid) censorship, David has a new tool against Goliath. It’s called Genetic Evasion, or Geneva for short.
Censoring regimes and authoritarian governments are all the time developing new and sophisticated online means to implement their censorship laws. Manual methods of circumventing censorship have been slow and ineffectual. But the AI-based Geneva tool will change the balance in favor of the researchers and protesters.

Is China Winning the Artificial Intelligence Race?

November 13, 2019

The artificial intelligence race draws many comparisons to the moon race between the United States and China. But is that an overreaction, and, if so, who is winning right now?

JP Morgan Invests in “Research Atomising” Startup Limeglass

November 13, 2019

JP Morgan invested an undisclosed amount in a startup that uses AI and NLP to simplify and focus research documents.
Imagine you wanted to find all references to Netflix in a bulky financial research document. JP Morgan may have made that easier for you by investing in fintech startup Limeglass.
Limeglass uses proprietary rich Natural Language Processing (NLP), artificial intelligence (AI), machine learning, and their comprehensive cross-asset and macro taxonomy to smart-tag each paragraph in context.
Its “Research Atomization” solution will find out all references to Netflix in that research document with a simple search.

Nasdaq Deploys Artificial Intelligence for Market Surveillance

November 11, 2019

Nasdaq, for the first time, has brought in A.I. and machine learning to detect any malicious trading.
“By incorporating AI into our monitoring systems, we are sharpening our detection capabilities and broadening our view of market activity,” says Martina Rejsjo. Martina is VP and Head of Market Surveillance, North America Equities, Nasdaq. Her objective is to safeguard the integrity of the country’s markets – “the largest, most liquid ecosystem in the world.”

Does the Apple Card Like Women Less, or is it ‘black-box’ A.I.? DFS Investigating…

November 11, 2019

New York’s DFS, a financial regulator, will investigate whether the Apple Card differentiated between men and women over credit limits.
Apple co-founder Steve Wozniak has accused the Apple Card of gender bias by offering men higher credit limits compared to women. Wozniak found that his credit limit was 10X that of his wife, even though they both share banks and other credit cards.

Artificial Intelligence Bias: On Trust, Complexity, and Diversity

November 7, 2019

Just as in computers “Garbage In = Garbage Out,” so also in Machine Learning: “Bias In = Bias Out.”
The Microsoft Twitter chatbot Tay had to be hastily withdrawn after it reacted to trolls with racist and misogynist tweets. Presumably, the bot developed this artificial intelligence bias from its machine learning basics.

AstraZeneca Launches $1 Billion Fund with CICC (with an AI Twist)

November 6, 2019

AstraZeneca, the British pharma giant, will launch a $1 billion fund with China International Capital Corporation (CICC).

ABI Research: U.S. Represents 52.3% of All Artificial Intelligence Investment

November 1, 2019

ABI Research said this week that the United States is the top market for investment in artificial intelligence. According to the study, the U.S. represented 52.3% of all AI investment in 2018. That figure signaled that the U.S. has replaced China as the global leader. 

A.I. Algorithms Predict the Likelihood of Breast Cancer

October 24, 2019

Dr. Barzilay decided to use artificial intelligence to collect and analyze the available information on breast cancer.
Harnessing artificial intelligence to treat breast cancer
Dr Barzilay is a holder of a doctorate in computer science. She went on to create a database from the pathological reports stretching back three decades at the Mass General Hospital. She developed an algorithm to parse this data, which covered more than 100,000 breast cancer patients.

Thailand’s Biggest Mutual Fund Embraces Artificial Intelligence to Avoid Being Disrupted

October 22, 2019

SCB Asset Management Company, the largest mutual fund company in Thailand, wants to offer new funds using AI technology.
SCB Asset will utilize cutting-edge tools such as artificial intelligence, data analytics and programmed trading to identify and offer new equity funds. These funds will invest in overseas equities and generate higher fees.

The Oldest Tea Company in the World is Going Hi-Tech with AI and Drones

October 21, 2019

Assam Company India Limited (ACIL) is using technology to improve traceability, productivity, and crop spraying safety at its tea gardens.
Imagine this. You enjoy a cup of the legendary Assam tea and want to tip the tea garden worker who plucked it. Now you can – through an app to be launched by the Assam Company.

Artificial Intelligence Will Monitor Cities’ Aging Infrastructure

October 18, 2019

Artificial intelligence-based analysis of the imagery from aging bridges and tunnels will detect and alert the authorities before their collapse.

Medtronic Launches the First Ever Artificial Intelligence-Based System for Colonoscopy

October 18, 2019

Medtronic’s GI Genius Intelligent Endoscopy Module uses artificial intelligence to detect colorectal polyps. Medtronic has taken a major step forward in the fight against colorectal cancer through intelligent endoscopy. Colorectal cancer is the third most common cancer worldwide, with 1.8 million new cases reported annually. Therefore, Medtronic’s GI Genius module uses artificial intelligence to highlight…

AI In Toyota’s New LQ Concept Will Deliver a Personalized Mobility Experience

October 17, 2019

Toyota’s automated driving technology in its new “LQ” concept vehicle will build an emotional bond between car and driver. The LQ concept car from Toyota will have automated driving capabilities as well as Artificial Intelligence Agent “Yui.” Yui is a powerful AI-powered interactive agent. It trains itself through interactions with the driver and his facial…

Abu Dhabi Launches First-of-Its-Kind University of Artificial Intelligence

October 17, 2019

The Mohamed bin Zayed University of Artificial Intelligence, the world’s first dedicated AI University, was launched Wednesday in Masdar City.
The Mohamed bin Zayed University of Artificial Intelligence is an all-new graduate-level AI research institution in Abu Dhabi.
The University is currently accepting applications for its first Masters and Ph.D. programs, and classes will commence on September 2020. It offers a Masters of Science degree, which takes two years to complete, and a Ph.D. program of four years duration.

Auriga Launches WWS AI For Advanced Banking Insights

October 15, 2019

Bankers can now get an Artificial Intelligence-led insight into their banking operations with the help of Auriga’s new WWS AI module. Auriga’s WWS AI module is a component of its WinWebServer omnichannel banking software suite.

How AI, Drones, U-Cal and Salesforce Watch Out for Sharks

October 9, 2019

Great whites are rising in number. So are their encounters with humans. It’s, therefore, a challenge to devise early warning systems for our beaches. But a solution for spotting sharks with AI (artificial intelligence) is now possible thanks to Salesforce and the University of California.

US Blacklists Chinese AI Organizations Including Leading Startups

October 8, 2019

The US government punished China for its “repression” of Muslim minorities by blacklisting Chinese AI organizations and security bureaus.
In rather sensitive timing just ahead of high-level trade discussions in Washington this week, the US took a hard line on allegedly brutal suppression of ethnic minorities in China by banning certain Chinese AI startups.