A new optical imaging technique used together with an artificial intelligence (or AI) algorithm accurately diagnoses the presence, or otherwise, of a brain tumor in under two minutes. New research published Monday in Nature Medicine said the AI-based diagnosis was 94.6% accurate compared to the 93.9% accuracy from the standard lab-based procedure.
AI+Fintech+SaaS Startup HighRadius Achieves Unicorn Status. HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company that leverages Artificial Intelligence-based autonomous systems to help companies automate their Accounts Receivable and Treasury processes. It raised $125 million in a Series B growth funding round led by ICONIQ Capital. Existing investors Susquehanna Growth Equity and Citi Ventures also participated.
Artificial intelligence supremacy has become a hot topic in recent weeks in the medical community. This week, the journal Science Translational Medicine published research on the advancements of AI in the detection of bowel cancer.
Baidu Artificial Intelligence has overtaken two of the world’s leaders in the industry. The Chinese tech giant topped Microsoft and Google in a recent artificial intelligence competition.
Stanford University’s latest report, AI Index, provides useful insights into the progress of AI.
According to the report, Singapore, Brazil, Australia, Canada, and India experienced the fastest growth in AI hiring from 2015 to 2019. However, in the US, the share of jobs in AI-related topics increased from 0.26% of total jobs posted in 2010 to 1.32% in October 2019.