Press Release
AI Experts to Discuss How Artificial Intelligence is Powering Manufacturing at Automate 2022
Today at the Automate 2022 Show and Conference in Detroit, leading experts in artificial intelligence (AI) will discuss how to put AI to use in manufacturing facilities in the keynote panel, "AI & Manufacturing - How Artificial Intelligence is Powering the Next Wave of Manufacturing." Technologists from Accenture, NVIDIA, General Motors, Landing AI and Intel will offer insights and best practices on how businesses can take advantage of AI to enhance their automation processes and improve efficiencies and productivity overall. "These experts will help companies better understand the intricate relationship between robots, automation, and artificial intelligence so decision makers can take advantage of the opportunities presented by smart technologies," said Jeff Burnstein, president of the Association for Advancing Automation, the organizer of the event. "The synergies among AI and automation technologies are powering the next wave of manufacturing, and we want everyone to feel empowered with this knowledge to move forward after Automate." Registration Still Open for Automate 2022 Automate, North America's leading automation trade show and conference, returns to Detroit next week after two decades in Chicago.
Netradyne Named to Forbes AI 50 List of Top Artificial Intelligence Companies of 2022
Netradyne, an industry leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, has been named on this year's Forbes AI 50 list 2022 for North America. Produced in partnership with Sequoia Capital, this list recognizes the standout privately held companies in North America that are making the most interesting and impactful uses of AI. Forbes editorial team acknowledged that AI technology is driving advancements in every industry but that it can be difficult to identify which companies are utilizing such technology in transformative and measurable ways. The Forbes AI 50 list, now in its fourth edition, identifies North America's privately held companies at the forefront of the field for whom AI is at the heart of their products and services. In selecting honorees for this year's list, Forbes' 12-judge panel of experts in artificial intelligence from the fields of academia, technology, and venture capital evaluated hundreds of submissions, handpicking the top 50 most compelling companies.
AI In Fintech Market to be Worth $41.16 Billion by 2030: Grand View Research, Inc.
The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Artificial intelligence (AI) is widely used in financial organizations to improvise their precision levels, enhance their efficiency and instant query resolving through digital banking channels. AI technology like machine learning can help organizations raise their value by improving loan underwriting and eliminating financial risk. Organizations are also using it to build more robust fraud detection and prevention systems and help accelerate risk assessments and fraud detection. Get more Insights from 100-pages market research report, "Artificial Intelligence In Fintech Market Size, Share & Trends Analysis Report By Component (Solutions, Services), Deployment (Cloud, On-premise), By Application (Fraud Detection, Virtual Assistants), And Segment Forecasts, 2022 - 2030", published by Grand View Research. The AI in fintech market is expected to increase in the coming years due to advancement in technology that is boosting financial service providers' business processes.
Senior Data Analyst
E-commerce has changed the world and our solutions power winning warehouses of the future. We're revolutionizing warehouse automation with collaborative mobile robots driven by artificial intelligence and advanced cloud-based software. As a Senior Data Analyst on the 6RS QA Engineering Team, you will have the opportunity to work with the immense amount of data collected by our Chuck robots and end-to-end 6RS warehouse automation system. We are looking for independent, inquisitive and creative people who can use Analytics to derive value from this data and provide insights into the behavior of the robots. Why 6RS? Recognized by the Boston Globe as a Top Place to Work Founded in Waltham, Massachusetts in 2015, 6 River Systems is a leading collaborative mobile robotics fulfilment solution and part of global commerce company Shopify.
For a Second There, Someone Thought Using Taser Drones to Stop School Shootings Was a Good Idea
Armed police couldn't stop the shooters in Buffalo and in Uvalde. But perhaps a very small drone equipped with a Taser could. Specifically, Axon CEO Rick Smith said in a Thursday announcement, "non-lethal drones capable of incapacitating an active shooter in less than 60 seconds" (or so the press release goes), which would be stationed inside of schools. At the push of a panic button, a trained human pilot at a control center elsewhere in the country would launch a drone. With the help of a network of security cameras, they would try to target the drone's onboard Taser probes into the shooter's flesh, in the hope of keeping them down until police could arrive on the scene.
Axon's AI ethics board resign after TASER drone announcement
The majority of Axon's AI ethics board have resigned after the company announced that it's developing taser-equipped drones. In response to yet another shooting in a US school, Axon founder and CEO Rick Smith began thinking about how the company could help put a stop to the all too regular occurrence. The shooting kicked off the usual debate over whether stricter gun laws are needed. Unfortunately, we all know nothing is likely to really change and we'll be back to rehashing the same arguments the next time more children lose their lives. "In the aftermath of these events, we get stuck in fruitless debates. We need new and better solutions," Smith said in a statement.
Interview: Dydon AI CEO Dr. Hans-Peter Gรผllich on Digitalising the EU Taxonomy - ESG Today
Dr. Hans-Peter Gรผllich is the founder and CEO of Dydon AI, a Swiss company offering transparent and flexible AI solutions for Sustainable Finance (Fintech), Insurtech, and Medtech. He made significant contributions to the development of numerous risk management systems (credit and operational risk), founding also a leading vendor of a cross-industry IT solution for governance, risk, and compliance management (Avanon AG) acquired years later by Thomson-Reuters. We discussed several topics with Hans-Peter, including the challenges facing investors and companies in complying with the EU Taxonomy, and the use of AI solutions to address those issues. The EU taxonomy provides companies, investors, and policymakers with appropriate definitions for which economic activities can be considered environmentally sustainable. This should create security for investors, protect from greenwashing, help companies to become more climate-friendly, mitigate market fragmentation and help shift investments towards sustainable activities โ one of the core objectives of the Paris agreement already back in 2015.
The world's first transoceanic voyage with autonomous navigation is a success
Avikus, a subsidiary of Hyundai, has successfully completed the first transoceanic voyage of a large merchant ship using autonomous navigation technologies, the company said in a press release. With the increase in computational capabilities, autonomous navigation solutions are being tested in various fields of transportation. Autonomous cars are expected to bring in a new era of human transportation, and the maritime industry is also not very far behind. Last year, we reported on a fertilizer company that deployed a fully electric and autonomous container ship in Norway to save 40,000 truck trips every year. While this deployment was over a short distance, maritime transportation involves crossing oceans and often in very congested port areas.
Taser drone project gets the ax
Axon, the company best known for developing the Taser, said Monday it was dropping plans to develop a Taser-equipped drone after a majority of its ethics board resigned in protest. Axon's founder and CEO Rick Smith said the company's announcement last week -- which drew a rebuke from its artificial intelligence ethics board -- was intended to "initiate a conversation on this as a potential solution." Smith said the ensuing discussion "provided us with a deeper appreciation of the complex and important considerations" around the issue. As a result, "we are pausing work on this project and refocusing to further engage with key constituencies to fully explore the best path forward," he said. The development was first reported by Reuters.
Meta Shakes Up AI Unit Amid Drive for Growth
Meta Platforms Inc., the social media giant's parent company, announced plans last week to go the other way--decentralizing how it develops advanced AI and machine learning tools. In an online post Thursday, Meta's Chief Technology Officer Andrew Bosworth said the company's previous approach, centered around a handful of stand-alone R&D hubs, made it difficult to integrate new AI capabilities across the business. "In the new model we will distribute the ownership of these AI systems back to Meta's product groups," Mr. Bosworth said. "We believe that this will accelerate the adoption of important new technology across the company while allowing us to continue to push the envelope." The Morning Download delivers daily insights and news on business technology from the CIO Journal team.