Press Release
Global Artificial Intelligence (AI) in Drug Discovery market is projected to grow at a CAGR of 30.7% By 2032: Visiongain Reports Ltd
Visiongain has published a new report entitled the Artificial Intelligence (AI) in Drug Discovery 2022-2032. It includes profiles of Artificial Intelligence (AI) in Drug Discovery and Forecasts Market Segment by Offering, (AI Software, AI Services) Market Segment by Technology, (Deep Learning, Supervised Learning, Reinforcement Learning, Unsupervised Learning, Other Technology) Market Segment by Applications, (Oncology, Infectious Diseases, Neurological Disorders, Metabolic Diseases, Cardiovascular Diseases, Other Applications) Market Segment by Type, (Target Identification, Molecule Screening, Drug Design and Drug Optimization, Preclinical and Clinical Testing) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country. The global artificial intelligence (AI) in drug discovery market was valued at US$791 million in 2021 and is projected to grow at a CAGR of 30.7% during the forecast period 2022-2032. AI makes use of the most recent developments in biology and computation to create cutting-edge drug discovery algorithms. AI has the potential to level the playing field in drug research, with to rapid increases in computing capacity and lower processing costs.
The Emergence Of Artificial Intelligence Is A Key Trend In The High Energy Lasers Market As Per The Business Research Company's High Energy Lasers Global Market Report 2022
LONDON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- According to The Business Research Company's research report on the high energy lasers market, the emergence of artificial intelligence is gaining popularity among the high energy lasers industry trends. Many companies operating in the market are focused on developing AI-based products to get a competitive advantage. For instance, in April 2022, the US Navy successfully tested the Layered Laser Defense (LLD), a laser weapon designed and developed by Lockheed Martin, a US-based aerospace, arms, defense, information security, and technology company. This is the Layered Laser Defense (LLD). It can use a high-power laser to counter unmanned aerial systems and fast-attack boats, as well as track inbound air threats, support combat identification, and conduct battle damage assessments of engaged targets.
FDA clears next-gen deep learning MRI software from GE Healthcare
Air Recon DL's benefits extend to nearly all magnetic resonance imaging (MRI) clinical procedures. The platform covers all anatomies, enabling better image quality, shorter scan times and improved patient experience. GE Healthcare said in a news release that the solution's compatibility expands from 2D to 3D imaging sequences. This allows physicians to diagnose patients with an improved signal-to-noise ratio (SNR) and sharpness. Meanwhile, it said the 3D imaging provides for more clinical efficiency by eliminating the need for multiple 2D acquisitions.
Physical training is the next hurdle for artificial intelligence, researcher says
Let a million monkeys clack on a million typewriters for a million years and, the adage goes, they'll reproduce the works of Shakespeare. Give infinite monkeys infinite time, and they still will not appreciate the bard's poetic turn-of-phrase, even if they can type out the words. The same holds true for artificial intelligence (AI), according to Michael Woolridge, professor of computer science at the University of Oxford. The issue, he said, is not the processing power, but rather a lack of experience. His perspective was published on July 25 in Intelligent Computing, a Science Partner Journal.
Metatron Inc. Signs Contract to Complete Its First Artificial Intelligence Technology Acquisition
Dover, DE, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Metatron Inc. (OTC Pink: MRNJ), a mobile and web technology pioneer having developed over 2,000 apps on iTunes and Google Play, is pleased to announce that the Company has signed final agreement paperwork with Geek Labs Limited to complete Metatron's first acquisition of artificial intelligence technology. The acquisition was successfully negotiated by the two parties over the course of this past week. The acquisition will be a non-dilutive cash purchase and comes with immediate revenue-generating potential for Metatron. Furthermore, this technology acquisition is a wholly owned asset within the quickly growing $450 billion AI industry and can immediately be added to Metatron's corporate bottom line. CEO Joe Riehl commented: "One week ago we formally announced the formation of Metatron's Artificial Intelligence Division. Today we are announcing that we've inked a deal to complete our first AI tech acquisition. I want to send a crystal-clear message to our valued stakeholders that Metatron is entering a new chapter and taking fast steps to add impressive value for our investors. We already have our eye on a second acquisition and talks with the seller are at the midway point. Furthermore, our new AI division has begun planning projects with talented developers operating within the AI sector to build proprietary Metatron AI technology for use in specialty applications. Our new AI division also has begun performing due diligence on strategic AI patents that our team believes could be used in developing new technology and/or holding big tech companies accountable as more and more AI applications come into use."
Velodyne Lidar Signs Multi-Year Agreement with Stanley Robotics
WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a multi-year agreement to provide its lidar sensors to Stanley Robotics for an automated valet parking solution. The innovative service uses autonomous handling robots to help car parks to improve the customer experience and increase the number of vehicles that can be stored. Stanley Robotics is working with Velodyne's Puck and Velarray M1600 lidar sensors to provide perception and navigation capabilities that enable its all-electric Stan robot to operate autonomously and safely. The sensors provide real-time 3D perception data for localization, mapping, object classification and object tracking. Velodyne's power-efficient sensors support Stan robots in a wide range of challenging environmental conditions, including varied temperature, lighting and precipitation.
BMW's next in-vehicle voice assistant will be built from Amazon Alexa
BMW began incorporating smart voice features into its infotainment systems using Amazon's Alexa in 2018. In the intervening years, the number of models sporting the digital assistant have only increased. At Amazon's 2022 Devices & Services Event on Wednesday, the two companies announced a deepening of their partnership: BMW's next-generation of infotainment systems will feature an Alexa-based assistant specifically developed with the driver in mind. The as-of-yet unnamed BMW assistant will be constructed from an Alexa Custom Assistant, "a comprehensive solution that makes it easy for BMW and other brands and device makers to create their own custom intelligent assistant tailored to their brand personality and customer needs." Those capabilities might include a proactive notification from the vehicle's assistant alerting the driver that the battery charge is low while automatically reserving a charging slot at the next off-ramp or preemptively scheduling regular service with the local dealership, and "will enable an even more natural dialogue between driver and vehicle," per a Wednesday BMW press release.
Discover how technology helps manage the growth in digital evidence - Microsoft Industry Blogs
Digital evidence appears in nearly 90 percent of all crimes committed today.1 This is a massive increase. Only 20 years ago it was unusual to have digital evidence at the center of a case. It is now a big part of what juries and judges expect to see as part of the evidence that proves innocence or guilt. To learn more about how Microsoft technology can help, visit our booth 5410 at the International Association of Chiefs of Police (IACP) Annual Conference 2022 in Dallas, Texas from October 15 to 18.
Boostr Launches Proposal-IQ, An AI-Based Recommendation Engine for Smarter RFP Responses
Boostr, the only pipeline-to-profits advertising management platform for the media industry announced the launch of Proposal-IQ, a groundbreaking new product designed to help media sales organizations improve the quality of RFP responses while simultaneously building proposals faster. By suggesting the optimal media mix and media plan for each client's objectives and tying into the media seller's real-time inventory, Proposal-IQ drives larger deal sizes, increases in average products sold per order, and higher sell-through--helping media sales organizations grow their revenue. Media companies typically send out dozens of proposals each week and have less than 48 hours to respond to RFPs, creating an enormous burden on media sales teams who need to obtain pricing approvals, conduct inventory checks and complete multiple reviews as part of a highly manual process. Time constraints and repetitiveness often lead salespeople and planners to pitch the same products repeatedly, and their choices are often based more on familiarity than on performance data. Unfortunately, only 37% of proposals contain multiple products yet the top quartile of highest growing publishers are selling multiple products on 48% of proposals.
Chipotle Tests Advanced Technology To Improve Order Creation, Enhance Guest Experience
Chipotle Mexican Grill will test two new advanced technologies to improve operations, the company said Tuesday in a press release. The advanced technology includes a kitchen management system powered by AI and machine learning. It predicts demand-based cooking and ingredient preparation forecasts. The technology will be tested at eight restaurants in Orange County, California. Another technology involves customers using the chain's app to get real-time date to better utilize "order readiness messaging, wrong pick-up location detection, reminders to scan the Chipotle Rewards QR code at checkout," among other tools.