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How EQT Ventures' Motherbrain uses AI to find promising startups

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Since Sweden's EQT Ventures embraced AI to drive the way it makes investments, the company has learned that reaping the benefits of algorithms is a journey full of detours that involve experimenting, fine-tuning, and adaption to achieve the promised efficiencies and insights. Following the firm's launch in 2016, a team there developed Motherbrain, an AI-driven system whose goal is to help EQT spot the hidden gems that no one else sees and back them early. So far, Motherbrain has directly led to investments in five startups out of the 50 the firm has made. That may seem like a disappointment. But according to Henrik Landgren, the EQT partner who took the lead on developing the system, the practical value so far has been the ability to make partners more productive by prioritizing which companies are worth spending time getting to know.


AI is accelerating the move to a touchless world

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While artificial intelligence capabilities have been evolving, the COVID-19 pandemic has accelerated adoption of these tools and made intelligent machines part of our new normal lives, according to a new report from Capgemini. More than half of the consumers surveyed (54%) use AI daily–compared to just 21% in 2018, the report, "The art of customer-centric artificial intelligence," finds. Sweden, Brazil, and the US have the highest daily interactions with AI. Contactless or non-touch interfaces are finding their way into numerous sectors, the report said. Over three-quarters (77%) of respondents expect to increase the use of touchless interfaces--such as voice assistants and facial recognition--to avoid direct interactions with humans or touchscreens during COVID-19, and 62% will continue to do so post-COVID.


Aicavity Global

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"Hi, I am José Luis. I have B.S., M.S. and Lic. in Physics, and currently I'm a Ph.D. Candidate in Physics at Uppsala University, Sweden. I have worked as a Research Engineer using Deep Reinforcement Learning to track multiple targets for autonomous vehicles at Veoneer. Additionally, I have taught thousands of students at Universities in Brazil and abroad. I work with Computer Simulations and I will share my experiences within programming across different fields."


Meet Sango, a self-driving, nature-friendly shuttle bus from Sweden

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Swedish startup firm Sango has unveiled its first project: an autonomous all-electric minibus that it hopes represents the next evolution step in the public transportation industry. The team says it will soon proceed to test it out on Stockholm streets. The shuttle bus comes powered by an array of lithium-ion batteries and a single electric motor. It can cover around 200 kilometers (124 miles) on a single charge and currently stays capped at 15 km/h (9.3 mph) for safety reasons. When the tech gets polished enough, the limit will be raised to 50 km/h (31 mph). The cab offers six seats with optional partitions and Internet access for those willing to enjoy some privacy.


Welcome! You are invited to join a webinar: AIDed Learning

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Artificial Intelligence (AI) is a way to train the computers to do things that humans can do-an intelligence adding human capabilities to machines. Machine Learning (ML) refers to the machines learning on their own without needing explicit programming. ML is an application of AI that facilitates automatic learning for a system and allows it to improve from experience. Thus a program can be generated by integrating its input and output. AI is the process of acquisition of knowledge intelligence and its application. ML refers to the acquisition of knowledge or skill. If you are thirsting for more knowledge on AI/ML you have the right avenue-AIDed Learning. The Asian Institute of Design (AID) in its continued endeavor of disseminating "Knowledge for All" is organising second of its webinar series, "WHY ARTIFICIAL INTELLIGENCE IS MUCH MORE THAN ONLY MACHINE LEARNING?" Dr. Carl Gustaf Jansson, Professor Emeritus in Artificial Intelligence, KTH Royal Institute of Technology, Stockholm, Sweden. He is currently the Director for the Master School of EIT ICT Labs and also KTH ICT Research Platform, Vice Dean of the KTH ICT School and Chairman for the KTH Recruitment Committee for Computer Science and Information Technology. Dr. Jansson has been instrumental in the development of two of KTH´s 5-year M.Sc programs: Computer Science (1985) and Information Technology (1999). He has supervised more than 30 PhD students in Artificial Intelligence/Applied Logic and HCI and served as chairman of Graduate Studies in ICT for more than 10 years. He has also served in the management boards of two National Swedish Graduate Schools. Dr B. Ravindran heads the Robert Bosch Centre for Data Science & Artificial Intelligence (RBC-DSAI) at IIT Madras, the leading interdisciplinary AI research center in India. He is the Mindtree Faculty Fellow & Professor in the Department of Computer Science and Engineering at IIT Madras. Have a fun, interactive and fruitful learning.


Intelligent Freight Mobility Platform designed to manage efficiency of Einride autonomous trucks

Robohub

Autonomous and semi-autonomous trucks promise to help an industry facing a shortage of drivers and increasing e-commerce demand, but they need to demonstrate efficiency for logistics adoption. Einride AB, which has been developing electric and autonomous trucks, today launched its Intelligent Freight Mobility Platform. The system is intended to help logistics fleet managers and drivers plan routes and loads, track shipments, and monitor energy efficiency. In February, Einride began recruiting the first remote operators for its trucks. The Stockholm-based startup also announced the beta of the Intelligent Freight Mobility Platform.


Microsoft responsible machine learning capabilities build trust in AI systems, developers say - The AI Blog

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Anyone who runs a business knows that one of the hardest things to do is accuse a customer of malfeasance. That's why, before members of Scandinavian Airlines' (SAS) fraud detection unit accuse a customer of attempting to scam the carrier's loyalty points program, the detectives need confidence that their case is solid. "It would hurt us even more if we accidentally managed to say that something is fraud, but it isn't," said Daniel Engberg, head of data analytics and artificial intelligence for SAS, which is headquartered in Stockholm, Sweden. The airline is currently flying a reduced schedule with limited in-flight services to help slow the spread of COVID-19, the disease caused by the novel coronavirus. Before the restrictions, SAS handled more than 800 departures per day and 30 million passengers per year.


A Fundamental Theorem for Epidemiology

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The work of an Italian mathematician in the 1930s may hold the key to epidemic modeling. That's because models that try to replicate reality in all its detail have proven hard to steer during this crisis, leading to poor predictions despite noble and urgent efforts to recalibrate them. On the other hand overly stylized compartmental models have run headlong into paradoxes such as Sweden's herd immunity. This approach is represented in the picture above. The important thing to note is that we are not attempting to find a model that is close to the truth, only close to the orbit. This will make a lot more sense after Section 1, I promise.


AI Tool Allows Automated ECG Interpretation for Cardiac Diagnostics

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Artificial intelligence (AI) may be an aid to interpreting ECG results, helping healthcare staff to diagnose diseases that affect the heart. Researchers at Uppsala University and heart specialists in Brazil have developed an AI that automatically diagnoses atrial fibrillation and five other common ECG abnormalities just as well as a cardiologist. The study has been published in Nature Communications. An electrocardiogram (ECG) is a simple test that can be used to check the heart's rhythm and electrical activity. The results are shown on a graph that can reveal various conditions that affect the heart.


OHT Stockholm LearnLab: introduction to Machine Learning

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Google Cloud has kindly offered to provide attendees with lunch delivered via Uber Eats. We will share the details with those that register a few days before the workshop. Please note we are only able to provide lunch for people located in Stockholm, Sweden. We want to emulate as much as possible real-world connections in a remote setting: we will go through a fun ice breaker activity together to break down the stranger barrier. We will share the details at the workshop, but hint, it involves spirit animals .