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Start of a New CEO: Daimler Truck, Torc Begin Fourth Year of Collaboration

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Torc Robotics and Daimler Truck AG enter their fourth year of partnership, with a focus on customers, industry collaboration, and commercializing Level 4 autonomous trucks in the U.S. for long-haul applications. The powerhouse team continues to develop safe, sustained innovation in the freight industry as they combine Daimler Truck's extensive experience in manufacturing and relationships in the freight industry with Torc's experience in developing autonomous vehicle solutions. Since Daimler Truck's majority share investment in Torc in 2019, the two have worked hand-in-hand to be the first to commercialize a profitable autonomous truck solution at scale. Torc continues to operate as an independent subsidiary and serves as the lead for autonomous driving system development, innovation, and fleet testing. "Bringing a safe Level 4 autonomous truck to market is by no means a simple task. Over the past three years, we have benefited from the strong collaboration with Daimler Truck, bringing us significantly closer to our goal of developing a highly optimized self-driving truck that will meet the fleets' needs for cost, safety, and performance. The teamwork shown has been outstanding so far and we're entering our fourth year of partnership with a clear roadmap – focusing on one manufacturer and one initial use case in one geographic area," said Peter Vaughan Schmidt, Torc CEO.


Google Updates Assistant With New Features For Pixel 7 Series

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San FranCisco, Oct 7: Tech giant Google has announced that it is improving Assistant's artificial intelligence (AI) capabilities, including new ways to interact more naturally with Assistant across Pixel 7 and the Google Pixel Watch. The company said that with Assistant voice typing, users can easily talk to Google to type, edit and send messages on average 2.5x faster than typing on the keyboard, and now in more languages -- Spanish, Italian and French. When users are writing a message, Assistant voice typing can now suggest emojis relevant to their messages.It lets them search for the Emoji to insert with their voice even without knowing its exact name. "At Made by Google, we shared some ways Google is creating a more delightful calling and texting experience on Android-powered devices and how Assistant's speech models are helping to make it even easier to communicate," Minni Shahi, Director, Product Management, Assistant. Google said the new Call Screen helps users avoid unwanted calls and it has handled over 600 million calls for users last year.


China's Artificial Intelligence Market Will Exceed US$26.7 Billion by 2026, according to IDC

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IDC recently released the IDC Worldwide Artificial Intelligence Spending Guide. Data shows that total global IT investment in artificial intelligence (AI) in 2021 was US$92.95 billion, expected to increase to US$301.43 billion in 2026, and the compound annual growth rate (CAGR) was about 26.5%. As for the China market, IDC predicts that China's AI investment is expected to reach US$26.69 billion in 2026, accounting for about 8.9% of global investment, ranking second in the world among other countries. In recent years, more and more enterprises have become involved in the Digintelligence Era and started the deployment of digital transformation (DX) and intelligent upgrading, which has thus spawned more demand for AI. Driven by policies, technologies, and markets, AI empowering industries is becoming a mainstream development trend.


Altair Announces Digital Twin Solution

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TROY, MI, Oct 4, 2022 – Altair, a global leader in computational science and artificial intelligence (AI), announced the launch of its broad digital twin solution that features the market's most connected, cross-functional capabilities that can be deployed through any and every stage of a product lifecycle. "Altair offers the market's premier digital twin solution that can transform the way people and organizations design, develop, implement, and improve products and processes," said Sam Mahalingam, chief technology officer, Altair. "Moving forward, we will continue establishing our digital twin leadership to provide further democratized, more accessible digital twin solutions." Combining Altair's leading simulation, high-performance computing (HPC), AI, data analytics, and Internet of Things (IoT) capabilities, companies can apply digital twin technology at any stage of the product lifecycle -- from concept through in-service -- as part of a cross-functional, enterprise-wide effort that advances collaboration and eliminates departmental silos. Additionally, Altair's open, vendor-agnostic digital twin solution is the premier offering that gives customers the flexibility to run Altair software anywhere – whether on-site, in the cloud, hybrid, or via plug-and-play appliances – and the freedom to choose from a comprehensive toolset through a cost-effective, units-based licensing model called Altair Units.


Qualys Acquires Blue Hexagon's AI/Machine Learning Platform

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This brings AI/machine learning (AI/ML) to the Qualys Cloud Platform to help convert petabytes of highly integrated data into meaningful insights for customers. This acquisition will enable Qualys to leverage its powerful Cloud Platform and its more than 10 trillion data points to uncover behavior patterns including active vulnerability exploitation, identification of advanced network threats, and adaptive risk mitigation across all assets and applications. This dynamic combination of highly integrated security data with machine learning technology will bring predictive and automated reduction of cyber security risk to Qualys customers. "The team and I are delighted to join such an innovative, industry-leading cloud security company," said Nayeem Islam, CEO and co-founder of Blue Hexagon. "Our deep learning-based Network Detection and Response products augment Qualys' massive security data lake with network data and deep learning, enabling enhanced security risk assessment and detection."


Tesla AI Day: An Investor's Perspective

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Tesla has been in the financial news for a variety of reasons over the last few months. There was a Tesla stock split, the company announced a recall, and the CEO Elon Musk is a constant source of buzz, a substantive Kardashian of science capable of space travel. The celebrity CEO of Tesla, Elon Musk, enjoys putting on a show and garnering interest for the company. Unfortunately, the Tesla stock often feels the impact of Musk's actions. However, Tesla just made some announcements that could change the landscape of artificial intelligence forever.


Intellegens announces the Alchemite 2022 autumn release

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Intellegens has announced the latest release of its machine learning software, focused on key practical tasks to accelerate innovation for chemicals, materials, and manufacturing. Alchemite applies an Artificial Intelligence (AI) method developed at the University of Cambridge to optimise products and processes, reduce experimental workloads, and enable faster R&D progress. Ben Pellegrini, CEO at Intellegens comments: "We work closely with our chemical, materials, and manufacturing customers to focus our development work. Often, it's the small details that really make the software work in an industrial R&D environment. We're delighted that more organisations now benefit from Alchemite. Significant customer agreements so far this year have included a major steel manufacturer, world-leading speciality chemicals providers, additive manufacturing specialists, and a top global food producer."


Artificial Intelligence in Oncology Market: Distribution by Type of Cancer, Type of End-Users and Key Geographical Regions : Industry Trends and Global Forecasts, 2022-2035

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GNW 9 million individuals are likely to be diagnosed with various types of cancer in the US. During the same year, around 0.6 million cancer-related deaths are anticipated to be reported in the aforementioned region. This, in turn, is expected to result in an increase of 70% in the global cancer burden, over the next two decades. Amidst the ever growing cancer burden, a number of strategies are being tested by researchers and industry players to help provide relief to the affected individuals. In recent years, artificial intelligence (AI) has emerged as a key enabler in improving the accuracy and speed of cancer diagnosis.


Artificial Intelligence has opened doors for media but ethics must always prevail » Capital News

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Ten years ago, if you bandied around the word Artificial Intelligence in a Kenyan newsroom, you would be branded an illusionist, today it is the buzzword. AI, machine learning and data processing are fast becoming essential in any newsroom that hopes to survive the digital revolution avalanche. In fact, job titles such as data scientist, data analyst, content strategist, content engineer and impact editors are fast gaining currency in media houses deemed digital journalism early adopters. Today, it is almost impossible to distinguish between an article authored by a machine and that written by a journalist, AI has enabled editors to figure out their audiences needs to granular levels and offer them articles that "speak to their souls". If the trend of automation of journalism catches on in the continent fast enough, in a few years it would be difficult to tell if the news anchor calling you "mpendwa msikilizaji" is a robot or human.


Is AI Ethics Just An Eyewash?

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Desperate times call for desperate measures and no other big tech company is feeling the heat more than Meta Platforms Inc. A report published by Wall Street Journal last week revealed the strict new policy it has imposed on some employees asking them to either look for new positions somewhere else within the company or face termination. Meta has announced that it plans to cut costs by 10%. In the earnings released for the previous quarter, Meta's results looked grim. The company had lost close to 50% of its value by the second-quarter of this year.