Tag: AI

AI system prioritizes x-rays by urgency

Radiologists are drowning in x-rays. The electromagnetic scans account for a whopping 40 percent of all diagnostic imaging worldwide, and in the U.K. alone, there are an estimated 330,000 x-rays at any given time that have waited more than a month for a report. Fortunately, artificial intelligence (AI) promises to shrink the backlog substantially. In […]

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Huawei’s Honor View20, with 48MP camera and in-screen selfie lens, launches globally

Huawei sub-brand Honor today officially launched its latest View20 flagship globally. The Chinese smartphone company presented the Honor View20 at a packed event in Paris, after first unveiling the device in early December ahead of its launch in China a couple of weeks later. The company confirmed today that the device will be available across Europe, […]

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Waymo to retrofit 200,000-square-foot autonomous vehicle factory in Michigan

Waymo will soon ramp up its assembly of self-driving cars in Detroit, Michigan, the company announced today. The Alphabet subsidiary said that it’ll invest $13.6 million to expand its operations in the Great Lakes state, following a vote by the Michigan Economic Development Corporation (MEDC) to approve the plans. Waymo operates a roughly 20-person, 53,000-square-foot […]

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Keyfactor raises $77 million to simplify digital security management

Keyfactor, formerly Certified Security Solutions, was founded in 2001 with the mission of automating digital security management across automotive, financial, health care, and retail verticals. In the nearly 20 years since its incorporation, it has carved out a sizeable slice of the $22.68 billion global identity and access management market. The company says it has managed […]

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Amazon team taps millions of Alexa interactions to reduce NLP error rate

Developing an AI system capable of understanding natural language isn’t just time-consuming — it’s really expensive. Developers have to collect thousands of voice samples and annotate them by hand, a process that often takes weeks. That’s why researchers at Amazon’s Alexa division pursued transfer learning, which leverages a neural network — i.e., layers of mathematical functions […]

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Rosetta Stone for iPhone adds AI to identify objects for live translations

Historically, language translation apps were confined to whatever developers could store in their on-board databases, limitations that were surpassed with internet connections and AI-assisted text recognition tools. Today, language teaching developer Rosetta Stone is taking the next step forward by adding augmented reality and machine learning to its iPhone app, enabling users to identify and […]

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AI chip startup Hailo Technologies expands Series A to more than $20 million

Artificial intelligence (AI) chips — that is, microprocessors optimized for machine learning workloads — are poised to attract tens of billions of dollars in investment capital within the next decade. Allied Market Research forecasts that they’ll be a $37.8 billion industry by 2025, fueled by growing demand for faster, cheaper, and higher-efficiency AI model training […]

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Starship Technologies’ robots begin delivering food to college kids

Starship Technologies, the Estonia-based robotics startup created in 2014 by Skype cofounders Ahti Heinla and Janus Friis, is already ferrying food from kitchens to customers through partnerships with Domino’s in Germany, London food-delivery firm Just Eat, and DoorDash in the U.S. But starting today, that group is expanding to include the 40,000 students, faculty, and […]

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Diamond Pro’s AI spots imperfection in gems

Would you ever consider purchasing diamond jewelry online? Lots of people have — according to Research and Markets, the jewelry ecommerce market accounts for roughly 5 percent of the $257 billion overall jewelry industry, a share that’s expected to triple by 2020. It’s growing especially quickly in Asia, where the compound annual growth rate from 2011 to 2014 exceeded […]

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Chicago’s Clearcover, which uses AI to market auto insurance, raises $43 million

Clearcover, a Chicago-based auto insurance startup that uses artificial intelligence to more effectively market auto insurance, announced today that it has raised a $43 million round of funding led by Cox Enterprises. Other participating investors include American Family Ventures, IA Capital Group, Lightbank, and Hyde Park Angels. Former American Family Insurance employees Kyle Nakatsuji and Derek […]

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Airbus wants to reinvent aircraft design with quantum computing challenge

Aeronautics giant Airbus today announced that it is creating a global competition to encourage developers to find ways quantum computing can be applied to aircraft design. Quantum computing is one of many next-generation computing architectures being explored as engineers worry that traditional computing is reaching its physical limits. Computers today process information using bits, either […]

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Gartner: Enterprise use of AI grew 270% over the past 4 years

Companies are adopting artificial intelligence (AI) like it’s going out of style, according to a new report by Gartner. The Stamford firm’s 2019 CIO Survey of more than 3,000 executives in 89 countries found that AI implementation grew a whopping 270 percent in the past four years, and 37 percent in the last year alone. […]

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Researchers use Samsung data and AI to predict mobile game churn

Churn — that all-important measure of attrition — is often challenging to predict when it comes to mobile games. There are two types of churn — one at the micro level, between an app and a specific user, and the other at the macro level, between an app and all of its users. And the […]

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Yandex let us ride in its autonomous Prius

Dmitry Polischuk had an almost unnerving nonchalance about him as our sleek ride — a Toyota Prius V — bobbed in and out of traffic on its own. The steering wheel, as if guided by unseen forces, navigated the hatchback smoothly around the perimeter of the Hard Rock Casino in Las Vegas, where we’d met […]

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Kaia Health raises $10 million to treat chronic pain with AI

Chronic diseases affect the lives of millions of people around the world. Over 16 million adults in the U.S., for instance, have been diagnosed with chronic obstructive pulmonary disease (COPD), an inflammation of the lungs that obstructs airflow. And researchers estimate that 80 percent of Americans will experience back pain several times in their lives. […]

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Study: AI Fears Diminish, But People Seek Help Reskilling

A new study suggests workers are becoming more comfortable with the idea that they will work alongside artificial intelligence and robots in future. (Image: Shutterstock) Citizens in developed countries are not terribly frightened that artificial intelligence and robots will take their jobs. But they do realize AI is coming, and want more help updating their skills. […]

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Microsoft CTO: Understanding AI is part of being an informed citizen in the 21st century

Microsoft CTO Kevin Scott believes understanding AI in the future will help people be better citizens. “I think to be a well-informed citizen in the 21st century, you need to know a little bit about this stuff [AI] because you want to be able to participate in the debates. You don’t want to be someone […]

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Facebook backs Institute for Ethics in Artificial Intelligence with $7.5 million

Facebook will give $7.5 million for the creation of The Institute for Ethics in Artificial Intelligence, a research center being made to explore topics such as transparency and accountability in medical treatment or human rights in instances of human-AI interaction. The announcement was made today during a speech by COO Sheryl Sandberg at the Digital, Life, Design […]

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Drone company DJI loses $150 million to corruption

(Reuters) — China’s DJI, the world’s largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses of more than 1 billion yuan ($150 million) as a result, it said on Friday. The company said it was investigating the cases, which came to light during routine quality control […]

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PitchBook: European VC investment rose 4.2% in 2018, but number of deals dropped 25.9%

Europe recorded a bumper year for venture capital (VC) investment in 2018, even though the overall number of deals fell by more than a quarter. The findings were published as part of data and research company PitchBook’s annual European Venture Report, which revealed that a total of €20.5 billion ($23.3 billion) was invested across 3,384 deals […]

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