The sun is getting a close-up as NASA releases historic new photographs. Talk about "to boldly go." A new space toilet is making its way to the crew of the International Space Station aboard a Cygnus spacecraft. "Its features improve on current space toilet operations and help NASA prepare for future missions, including those to the Moon and Mars," explained NASA, in a statement. "The Universal Waste Management System (UWMS) demonstrates a compact toilet and the Urine Transfer System that further automates waste management and storage."

Hitachi Construction Machinery Co. Ltd and its consolidated subsidiary, Wenco International Mining Systems Ltd have jointly developed ConSite Mine, which helps resolve problems at mine sites by remotely monitoring mining machines on 24/7 basis through the use of Internet of Things (IoT) and artificial intelligence (AI) based analysis of equipment operations data. Hitachi Construction Machinery has developed this technology to help customers and Hitachi Construction Machinery dealers predict costly maintenance issues before they occur, such as the occurrence of cracks in and excavator boom or arm by utilising machine learning and applied analysis technologies. Currently, Hitachi Construction Machinery Group is piloting the technology in Australia, Zambia and Indonesia. The system will be further modified based on customer feedback before wider commercial release in 2021. ConSite Mine will enable the maintenance professionals for customers and Hitachi Construction Machinery dealers to monitor equipment health in real time and anticipate issues before they occur.

The ones old enough to remember, might recall the times when image communication seemed a far distant impossible reality… a futuristic dream that would never be achieved! In the last few decades, we have seen what seems like reality surpassing imagination. Incredible technological advancements are happening at such quick pace that one is almost incapable to keep up with all the innovations. And one of the most radical inventions that is promising a tsunami in our lives is AI. The tsunami AI, has been out there actually for a long time.

The global life insurance industry has seen significant changes over the past decade. Developing economies--predominantly emerging markets in Asia that were formerly small contributors--have become global growth drivers and now account for more than half of global premium growth (Exhibit 1) and 84 percent of individual annuities growth (Exhibit 2). The availability of data has skyrocketed, and insurers have made progress in advanced analytics and artificial intelligence. Digital and mobile advances have raised the bar on transparency and service quality: customers can now file claims and access agents, insurance quotes, and policy information with a few taps on a screen. The past decade has also introduced new challenges. Life insurers have not benefitted from the bull market (Exhibit 3). Global penetration fell to 3 percent, and premium growth within most developed markets, hovering just below 2 percent per year, struggled to match GDP.

Given a large data matrix, sparsifying, quantizing, and/or performing other entry-wise nonlinear operations can have numerous benefits, ranging from speeding up iterative algorithms for core numerical linear algebra problems to providing nonlinear filters to design state-of-the-art neural network models. Here, we exploit tools from random matrix theory to make precise statements about how the eigenspectrum of a matrix changes under such nonlinear transformations. In particular, we show that very little change occurs in the informative eigenstructure even under drastic sparsification/quantization, and consequently that very little downstream performance loss occurs with very aggressively sparsified or quantized spectral clustering. We illustrate how these results depend on the nonlinearity, we characterize a phase transition beyond which spectral clustering becomes possible, and we show when such nonlinear transformations can introduce spurious non-informative eigenvectors.

Louis Columbus in 10 Ways AI Is Going To Improve Fintech In 2020 stated that "Bottom Line: AI & machine learning will improve Fintech in 2020 by increasing the accuracy and personalization of payment, lending, and insurance services while also helping to discover new borrower pools." Since that time the Covid-19 crisis and tragedy arose. On the one hand Paul Clarke noted that UK fintech investment slumps by 40% amid Covid-19 crisis, whilst on the other Deloitte in Beyond COVID-19: New opportunities for Fintech companies note that "As the COVID-19 pandemic continues to create uncertainty, many fintechs are under stress on a number of fronts. But, as the broader economy shifts from "respond" to "recover", new opportunities may be created for some fintechs. A key question is how fintechs may leverage their unique assets and skills to seize new opportunities in the future. It could be an opportune time to think big and act boldly." Pavrita R considered the impact of Covid-19 and noted in 5 U.S. FinTech startups reimagining the healthcare industry notes that FinTech is undoubtedly shaping the face of the Health Care industry. "FinTech companies leverage powerful innovations blockchain, Artificial Intelligence, and Machine Learning to eliminate the inefficiencies and knowledge gaps endemic to most healthcare payment plans." The likes of Nigel Wilson (@nigewillson) and Brian Ahier (@ahier) have stressed the importance to apply AI to positive use cases such as preventative medicine and improved Health Care outcomes. McKinsey in an article entitled AI-bank of the future: Can banks meet the AI challenge? " The potential for value creation is one of the largest across industries, as AI can potentially unlock $1 trillion of incremental value for banks, annually (Exhibit 1)." Source for image above: AI-bank of the future: Can banks meet the AI challenge? "While for many financial services firms, the use of AI is episodic and focused on specific use cases, an increasing number of banking leaders are taking a comprehensive approach to deploying advanced AI, and embedding it across the full lifecycle, from the front- to the back-office (Exhibit 2)" Source for image above: AI-bank of the future: Can banks meet the AI challenge? The Covid-19 crisis is a challenge both in terms of human health and also to the Fintech world.

The period of voice-enabled search and commerce has shown up, and organizations need to prepare themselves for this new paradigm. By implanting brands into conversations, organizations can give customized solutions for pretty much any issue. Voice frameworks have quickly advanced from the simple voice commands to entire ecosystems of applications and interactions. Intelligent speakers like Amazon Echo, Apple Home Pod, and Google Home give various entertainment choices inside your home. These voice AI-empowered systems have cleared another dimension to execute tasks that were initially limited to a screen.

Louis Columbus in 10 Ways AI Is Going To Improve Fintech In 2020 stated that "Bottom Line: AI & machine learning will improve Fintech in 2020 by increasing the accuracy and personalization of payment, lending, and insurance services while also helping to discover new borrower pools." Since that time the Covid-19 crisis and tragedy arose. On the one hand Paul Clarke noted that UK fintech investment slumps by 40% amid Covid-19 crisis, whilst on the other Deloitte in Beyond COVID-19: New opportunities for Fintech companies note that "As the COVID-19 pandemic continues to create uncertainty, many fintechs are under stress on a number of fronts. But, as the broader economy shifts from "respond" to "recover", new opportunities may be created for some fintechs. A key question is how fintechs may leverage their unique assets and skills to seize new opportunities in the future. It could be an opportune time to think big and act boldly." Pavrita R considered the impact of Covid-19 and noted in 5 U.S. FinTech startups reimagining the healthcare industry notes that FinTech is undoubtedly shaping the face of the Health Care industry. "FinTech companies leverage powerful innovations blockchain, Artificial Intelligence, and Machine Learning to eliminate the inefficiencies and knowledge gaps endemic to most healthcare payment plans." The likes of Nigel Wilson (@nigewillson) and Brian Ahier (@ahier) have stressed the importance to apply AI to positive use cases such as preventative medicine and improved Health Care outcomes. McKinsey in an article entitled AI-bank of the future: Can banks meet the AI challenge? " The potential for value creation is one of the largest across industries, as AI can potentially unlock $1 trillion of incremental value for banks, annually (Exhibit 1)." Source for image above: AI-bank of the future: Can banks meet the AI challenge? "While for many financial services firms, the use of AI is episodic and focused on specific use cases, an increasing number of banking leaders are taking a comprehensive approach to deploying advanced AI, and embedding it across the full lifecycle, from the front- to the back-office (Exhibit 2)" Source for image above: AI-bank of the future: Can banks meet the AI challenge? The Covid-19 crisis is a challenge both in terms of human health and also to the Fintech world.

Addis Ababa — The recently inaugurated Artificial Intelligence Center has signed Memorandums of Understanding with five institutions to cooperate …

The speech-to-text technology has made our lives easy. Now that there are a lot of use cases in our daily life for this technology too, we need it even more. It lets us save time and effort, and provides the required information in a matter of minutes. Tech giants like Google and Amazon are exploring and empowering this field of speech recognition technologies with the help of their Google Speech and Amazon Transcribe products. Amazon launched Alexa in 2014 and more than 100m of its Echo and Dot gadgets are available in homes around the world today. Alexa is considered to be the most Intelligent Of All DPAs.