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AI Blog

Latest news on Artificial Intelligence and its applications on the globe. 

Congress-created commission calls for spending billions on artificial intelligence to defeat China

“The National Security Commission on Artificial Intelligence’s final report to Congress urges the federal government to prioritize artificial intelligence innovation now and spend billions of taxpayer dollars or risk getting left behind in China’s dust.

A 2018 defense bill created the commission to guide policymakers on artificial intelligence issues. The commission is chaired by former Google CEO Eric Schmidt and its members were selected by members of Congress, the secretary of defense, and the secretary of commerce. “

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Total Lab Automation, AI : Connecting the Brain-to-Brain Loop for Lab Testing

“Total Laboratory Automation (TLA) and Artificial Intelligence (AI) will transform the routine laboratory testing, explains Dr Barnali Das, MD, DNB, PGDHHM, who is a Consultant – Laboratory Medicine at Kokilaben Dhirubhai Ambani Hospital in Mumbai. She is also Chair at American Association of Clinical Chemistry (AACC) – India Section, and NABL Assessor.

Rapid changes in the diagnostic sector coupled with parallel advances in technology have stimulated the evolution of approaches for Total Laboratory Automation (TLA) and Artificial Intelligence (AI) and robotic elements in the routine laboratory process flow. These measures offer promise in streamlining the clinical laboratory process flow.”

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Cambridge Quantum Computing

“Cambridge Quantum Computing (CQC) announces the publication of a research paper on the online pre-print repository arxiv (available here (https://arxiv.org/pdf/2102.12846.pdf )) that provides details of the largest ever experimental implementation of Natural Language Processing (NLP) tasks on a quantum computer.

Titled “QNLP in Practice: Running Compositional Models of Meaning on a Quantum Computer,” the paper presents the first “medium-scale” implementation of common NLP tasks.”

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Deep Dive: Better dealmaking through data

“Savvy sponsors are increasingly using data science to improve outcomes – from deal origination to due diligence and value creation. …Users had started sharing stories about how spooky it was that Motherbrain could predict interesting companies for them to meet. The platform finally had a good interface, which led to increased usage and, ultimately, to trust from users. Today, Motherbrain is an integral part of EQT’s deal-sourcing efforts.”

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Standard Chartered tests AI to size up young borrowers

“Standard Chartered has been developing new underwriting models using machine learning that could help it determine creditworthiness of borrowers with minimal credit histories.

The ultimate goal: to increase approval rates and eliminate bias by gender, race, age and other characteristics.

The international bank has been incorporating artificial intelligence and machine learning into its business since 2016, to better engage with customers and recommend suitable credit cards and loans. “

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Using artificial intelligence in breast cancer screening

“Together with Northwestern Medicine, Google Health is working on a new clinical research study to explore whether artificial intelligence (AI) models can help reduce the time to diagnosis, narrowing the assessment gap and improving the patient experience.

Women who choose to take part in the study may have their mammograms reviewed by an investigational AI model that flags scans for immediate review by a radiologist if they show a higher likelihood of breast cancer.”

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Givaudan launches AI tools for product development

“Givaudan Taste & Wellbeing has announced the launch of its Advanced Tools for Modelling (ATOM), which use artificial intelligence to optimize food and flavor formulation and facilitate co-creation and collaboration with customers.

Aligned with the company’s 2025 strategy, the company said the tools open doors to creative development and are able to cut the time to market for new products.

ATOM uses artificial intelligence (AI) and data science techniques to minimize trial and error in the process. The tools identify positive and negative flavor drivers and explore ingredient synergies, to generate new options and insights aligned with consumer preferences.”

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AI tool developed to predict energy generation at windfarms

“Researchers in Ireland have developed a new system that uses AI to predict the amount of renewable energy that will be produced at windfarms.

The AI tool, called FREMI (Forecasting Renewable Energy with Machine Intelligence), was developed through a partnership between applied AI centre CeADAR and SSE Airtricity.”

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AI Needs Women, Women Need AI: Gender Equality And Women’s Leadership In The AI Sector

“According to a 2019 study by the World Economic Forum, only 22% of AI professionals globally are women. Why should we be worried? A better representation of women and diverse mindsets in the development and deployment of AI would reduce the gender stereotypes and the negative consequences they lead to. If that is not the case, evidence suggests that by 2022, 85% of AI projects will deliver erroneous outcomes due to bias.”

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Samsung HBM-PIM brings AI computing capabilities inside high-performance memory

“Samsung announced that it has developed the industry’s first High Bandwidth Memory (HBM) integrated with artificial intelligence (AI) processing power — the HBM-PIM. The new processing-in-memory (PIM) architecture brings powerful AI computing capabilities inside high-performance memory, to accelerate large-scale processing in data centers, high performance computing (HPC) systems and AI-enabled mobile applications.”

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Facebook Strengthens AI To Improve Detection Effect Of Harassment And Hate Speech

“Facebook updated its Community Standards Implementation Report. The latter showed the effectiveness of Facebook’s battle against harassment and hate speech in the fourth quarter of 2020.

The penetration rate of hate speech dropped from 0.10-0.11% to 0.07-0.08%. This means that, for every 10,000 content views, there will be only 7 to 8 hate speeches. Violent content has dropped from 0.07% to 0.05%, and adult nudity has dropped from 0.05-0.06% to 0.03-0.04%.”

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Artificial intelligence uses heart tests to predict death risks

“Technology has been a great ally of medicine and can now also contribute to predicting patients’ risk of death. This is because an AI (Artificial Intelligence) algorithm developed by researchers at Geisinger, a U.S. health institution, can predict the risks of an individual’s death. The study was published in the journal Nature Biomedical Engineering on February 8.”

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People trust robots more than themselves with money

“2020 has changed our relationship with money and people now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance expert Farnoosh Torabi.

The study of more than 9,000 consumers and business leaders in 14 countries found that the COVID-19 pandemic has increased financial anxiety, sadness, and fear among people around the world and has changed who and what we trust to manage our finances. In addition, people are rethinking the role and focus of corporate finance teams and personal financial advisors, according to the research.”

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Mathematical Models Predict the Recent Political Insurgencies and Suggest Possible Remedies to the Effect of Social Media

“Aimdyn, Inc., an Artificial Intelligence Research Company in California that uses Machine Learning Algorithms in order to make predictions based on big data has found mathematical evidence of correlations between the current large social media platforms’ structure and algorithms, and the increased frequency of political insurgencies like the BLM protests of the last summer and the recent attack on the Capitol.”

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Facial Recognition Tech Banned for Cops

“THE LOS ANGELES Police Department (LAPD) banned the use of commercial facial recognition apps in November after BuzzFeedNews reported that more than 25 LAPD employees had performed nearly 475 searches using controversial technology developed by the company Clearview Al.” Such incident, another growing public concern relating to police surveillance using facial recognition.

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By 2023, 30 ‘fully connected’ 5G factories in China will be built

“China aims to build 30 “fully connected” 5G factories in 10 key industries by 2023, as the country has fast-tracked industrial Internet development through integration with 5G technologies. Three to five industrial Internet platforms with international influence will come into being and a big data center for industrial Internet will be established by 2023, said an action plan on industrial Internet development for the next three years, which was unveiled by the Ministry of Industry and Information Technology (MIIT).”

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