Press Release
AI Saving Brain: FDA Clears Aidoc's Complete AI Stroke Package
Aidoc, the leading provider of AI solutions for radiologists, today announced that the US Food and Drug Administration (FDA) has cleared its AI solution for flagging Large-Vessel Occlusion (LVO) in head CTA scans, marking Aidoc's fourth FDA-cleared AI package. Combined with Aidoc's previously-cleared AI module for flagging and prioritizing intracranial hemorrhage, together they provide a comprehensive AI package for the identification and triage of both ischemic and hemorrhagic stroke in CTs, speeding time to treatment when every minute counts. "Stroke is the ultimate time-critical condition," said Dr. Marcel Maya, Co-chair Department of Imaging, Cedars-Sinai Medical Center. "The faster we can identify, diagnose and treat it, the better the outcome for patients. Aidoc's comprehensive stroke package flags both large vessel occlusion and hemorrhages inside our existing workflows, ensuring we can diagnose stroke faster and decide on the best course of treatment. We're already seeing how this has a positive impact on department efficiency and patient length of stay."
MioTech Raises Undisclosed Sum from Li Ka-shing's VC Horizons
Fintech startup MioTech on Monday announced the closure of its Series A funding round, which was led by Horizons Ventures. The venture firm is the private investment arm of Hong Kong-based businessman and billionaire Li Ka-shing and is an existing investor in the startup. In 2017, Horizons Ventures invested in the Series A round of the artificial intelligence (AI) platform, which was closed after raising $7 million. Though the company did not disclose the amount it received in the fresh funding round, the proceeds will be utilized in hiring talents and R&D. "The financing will be used to recruit more talents and invest in R&D. It will further strengthen MioTech's data and technology edge, and help MioTech become the industry acknowledged platform for Green Finance and Sustainable Investment in Asia," Jason Tu, co-founder and CEO of the company, said.
Auto Insurers Can Now Use Smartphones to Reconstruct Crashes
WIRE)--Cambridge Mobile Telematics (CMT), the world's leading mobile telematics and analytics provider, has launched its latest product line, Claims Studio. Through a lightweight smartphone solution, Claims Studio gives claims adjusters access to robust, unbiased telematics and contextual crash data after an impact occurs. CMT's ability to detect crashes has been in the market since 2015, but now has expanded to support the end-to-end claims process. Claims Studio uses telematics and artificial intelligence to reproduce the true story of a crash, creating a data-driven narrative to accelerate the claims process. By accessing key details like speed, severity, and vehicle impact location early in the process, insurers can spend less time collecting information from drivers and third parties, and more time confirming facts and accurately assessing loss.
Global Big Data Conference
Artificial intelligence was on the tip of the tongue this week at CES, the annual technology extravaganza formerly known as the Consumer Electronics Show. From Samsung's Neon avatars and LG's smart washing machine, to Intel's Tiger Lake processors and the gun-detecting PATSCAN, AI seemed to be everywhere. Samsung's research subsidiary, STAR Labs, unveiled its latest AI project, called Neon. Similar to a chatbot, Neon generates a photo-realistic digital avatar that interacts with people in real time. The South Korean technology giant plans to weave the Neons into people's day-to-day lives, where the avatars will play the role of doctors, personal trainers, and TV anchors giving you the evening news.
Beiersdorf and Insilico Medicine Employ AI Technology
Hamburg, January 8, 2020 – Beiersdorf and Insilico Medicine, an artificial intelligence company developing end to end drug discovery pipelines, announced today that they are entering a collaboration to jointly discover novel, safe bioactive ingredients for a specific skin indication at an unparalleled pace, that will serve as the basis for developing appropriate skincare products. "As part of our Open Innovation culture, we are always looking for new technologies and partners with strengths that complement ours. We are delighted to now be working with Insilico Medicine as a veritable expert when it comes to artificial intelligence. We are able to evaluate new active ingredients significantly more quickly and more efficiently by simulating biological effects in silico. This enables us to cater even better to the consumers' as yet unmet skincare needs," explains Dr. May Shana'a, Senior Corporate Vice President, Research and Development, at Beiersdorf.
AnyConnect and ASUS Bring Smarter Camera AI to the Edge
AnyConnect and ASUS today announced the availability of a smart camera platform, powered by AI at the edge, for Wi-Fi, 4G, and 5G networks. Together, AnyConnect Smarter Camera Platform and ASUS Tinker Edge T enable the development of AI cameras for markets including security, transportation, and retail. "Smart cameras will be the largest market for 5G IoT solutions over the next 3 years, representing 70% of all 5G IoT endpoints," according to Stephanie Baghdassarian, senior research director at Gartner Research. The AnyConnect Smarter Camera Platform is an Application Enablement Platform (AEP) for AI cameras. It combines AI with secured connectivity over Wi-Fi, 4G, and 5G networks to enable camera networks with instant decisions, notifications, and actions.
DWS Invests in Artificial Intelligence via Stake in Arabesque AI
DWS Group (DWS) has acquired a minority stake of 24.9 percent in Arabesque AI Ltd. The UK-based company focuses on Artificial Intelligence (AI) to predict stock price developments via its proprietary AI engine, combining big data, machine learning, and high-performance computing. In addition, both companies have agreed on a strategic partnership to enhance the capabilities of the AI engine, and to develop sophisticated AI-based investment solutions. Both parties have agreed to maintain confidentiality on the price of the transaction and further financial details. Closing of the transaction has already taken place.
Artificial Intelligence in Agriculture Market Size Worth $2.9 Billion by 2025 CAGR: 25.4%: Grand View Research, Inc.
The global artificial intelligence in agriculture market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 25.4% from 2019 to 2025. Artificial intelligence solutions in the agricultural industry are emerging in various forms, such as soil and crop monitoring, agricultural robots, and predictive analytics. Farmers and agribusiness corporations are increasingly using soil sampling and artificial intelligence -enabled sensors for data gathering for better analysis and processing. The availability of these processed data has paved the way for the deployment of artificial intelligence in agriculture and farming.
Pear Therapeutics Expands Pipeline with Machine Learning, Digital Therapeutic and Digital Biomarker Technologies
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Pear Therapeutics, Inc., the leader in Prescription Digital Therapeutics (PDTs), announced today that it has entered into agreements with multiple technology innovators, including Firsthand Technology, Inc., leading researchers from the Karolinska Institute in Sweden, Cincinnati Children's Hospital Medical Center, Winterlight Labs, Inc., and NeuroLex Laboratories, Inc. These new agreements continue to bolster Pear's PDT platform, by adding to its library of digital biomarkers, machine learning algorithms, and digital therapeutics. Pear's investment in these cutting-edge technologies further supports its strategy to create the broadest and deepest toolset for the development of PDTs that redefine standard of care in a range of therapeutic areas. With access to these new technologies, Pear is positioned to develop PDTs in new disease areas, while leveraging machine learning to personalize and improve its existing PDTs. "We are excited to announce these agreements, which expand the leading PDT platform," said Corey McCann, M.D., Ph.D., President and CEO of Pear.
Ed-Tech Startup MagniLEARN Recognized as Promising AI Startup in China's Innoweek Conference
MagniLEARN, an Ed-Tech company using artificial intelligence and Natural Language Processing, received second prize for innovation in Artificial Intelligence and was recognized as a promising AI Startup in the third annual China – Israel Innoweek Conference held in Beijing, China. "Combining Natural Language Processing (NLP) with Artificial Intelligence (AI) allowed us to turn the computer into a language-aware personal tutor for each student," said MagniLEARN CEO Howard Cooper in accepting the award. "Our difference lies in presenting personalized exercises that the student answers with free-form responses. Just like a personal tutor teaching language to a child, we understand what is correct, what is nearly correct, and provide feedback and then reinforcement as the student learns proper English. We gave the computer enough language awareness to become an intelligent and efficient language tutor for each student," he concluded.