Carrot ("Carrot" or the "Company") and Luxrobo announced today the establishment of a Joint Venture (JV) that brings together two premier tech companies from the field of digital insurance and IoT-technology. Together they operate as Lucky Box Solutions Inc. to deliver the most optimized IoT systems and telematics devices while positioning itself as the leader of InsurTech, industry that has become the noise of the town in recent years. Both companies have established proven track records of providing innovation in emerging sectors and are poised to offer cutting-edge solutions in the areas of Artificial Intelligence, Machine Learning, Data Interoperability, Analytics and Processing, and Internet of Things while providing risk prevention and insurance protection services. Carrot has made a name for itself over the past few years by providing modernized insurance service to the consumers of South Korea with its customer-centered design of Pay-Per-Mile auto insurance product. As seen with its top-tier customer retention, customers are highly praising for its fair and transparent pricing, month-end payment term, IoT-driven emergency and other value-added services, and cash incentive program that rewards customers based on their safe-driving scores.

Darktrace, a global leader in cyber security AI, today announced that it has won the AI & Machine Learning Award at the 2022 Go:Tech Awards. Backed by Business Leader, one of the UK's leading business titles, the annual Go:Tech Awards celebrate the UK's tech pioneers and innovators. Darktrace was named winner in the AI & Machine Learning category, an award which showcases pioneers in the artificial intelligence space. Darktrace was the first to apply artificial intelligence to the challenge of cyber security when it brought'Self-Learning AI' to market in 2013. The technology works by learning a sense of'self' for the organization it is defending, enabling it to understand if a cyber-attack is occurring and then to interrupt the malicious activity in real time.

A group of Democratic lawmakers led by Senator Ron Wyden of Oregon is calling on the Federal Trade Commission to investigate ID.me, the controversial identification company best known for its work with the Internal Revenue Service. In a letter addressed to FTC Chair Lina Khan, the group suggests the firm misled the American public about the capabilities of its facial recognition technology. Specifically, lawmakers point to a statement ID.me made at the start of the year. After CEO Blake Hall said the company did not use one-to-many facial recognition, an approach that involves matching images against those in a database, ID.me backtracked on those claims. It clarified it uses a "specific" one-to-many check during user enrollment to prevent identity theft.

Almost exactly a year ago, Google launched its Tensor Processing Unit (TPU) v4 chips at Google I/O 2021, promising twice the performance compared to the TPU v3. At the time, Google CEO Sundar Pichai said that Google's datacenters would "soon have dozens of TPU v4 Pods, many of which will be operating at or near 90 percent carbon-free energy." Now, at Google I/O 2022, Pichai revealed the blue-ribbon fruit of those labors: a TPU v4-powered datacenter in Mayes County, Oklahoma, that Google says is the world's largest publicly available machine learning hub. "This machine learning hub has eight Cloud TPU v4 Pods, custom-built on the same networking infrastructure that powers Google's largest neural models," Pichai said. Google's TPU v4 Pods consist of 4,096 TPU v4 chips, each of which delivers 275 teraflops of ML-targeted bfloat16 ("brain floating point") performance.

Deep North, the intelligent video analytics company, announced the launch of Checkout IQ, its new retail loss prevention solution, which uses computer vision and AI to reduce shrinkage at checkout. The release reflects Deep North's ongoing commitment to empower retailers with data-driven tools to keep their businesses competitive, maximize revenue, and offer great customer experiences. With shrinkage at an all-time high and an increase in organized retail crime, Deep North is providing a new way for retailers to prevent fraud loss and improve their bottom line. Raises $10.5 Million Series A to Help CX Teams Turn Conversations Into Insights and Automation Designed to help retailers reduce retail fraud activities, Checkout IQ works with retailers' existing camera systems. By analyzing camera views, the application identifies items that are being scanned by the customer or the cashier, and this count is cross-referenced with the POS item count to detect any discrepancies.

Google is adding support for 24 new languages to its Translate tool, the company announced today during its I/O 2022 developer conference. Among the newly available languages are Sanskrit, Tsongae and Sorani Kurdish. One of the new additions, Assamese, is used by approximately 25 million people in Northeast India. Another, Dhivehi, is spoken by about 300,000 people in the Maldives. According to Google CEO Sundar Pichai, the expansion allows the company to cover languages spoken by more than 300 million people and brings the total number of languages supported by Translate to 133.

Today, the Department of Commerce hosted the launch of the National Artificial Intelligence Advisory Committee (NAIAC). Secretary of Commerce Gina M. Raimondo noted in her address to the NAIAC members that the committee will assist the federal government by providing insights into AI-related issues and complement the Department's work with international partners – including the U.S.-EU Trade and Technology Council (TTC). Deputy Secretary Don Graves also addressed the NAIAC, emphasizing his hope that the committee's recommendations would help the nation chart a path for responsible and inclusive AI that will advance economic equity. The NAIAC is administered by the National Institute of Standards and Technology (NIST). NIST Director and Under Secretary of Commerce for Standards and Technology Dr. Laurie Locascio emphasized how scientific and technological advances have expanded both opportunities and challenges for standards and measurements that cultivate trust in technology, part of NIST's mission.

A key part of Dr Scanlon's role will be engagement with young people. A National Youth Assembly on AI will be convened in September 2022 (in conjunction with the Department of Children, Equality, Disability, Integration and Youth) to engage with young people on their attitudes, awareness and fears in relation to AI as well as to promote careers in technology.

ClearBlade is excited to see our industry-leading Intelligent Assets software win the Artificial Intelligence: Enterprise Solution award from Compass Intelligence. Intelligent Assets continues to win multiple awards, across technology categories for its ease of use and ability to deliver an immediate positive impact to the bottom line. With the evolution of the Internet of Things (IoT), Edge computing, and AI, ClearBlade recognized the need to deliver these technologies in a way that is immediately usable by the business. By building off our proven, industrial-grade IoT, Edge, and AI technology we created a simple, repeatable, and easily customizable solution that puts the power of these technologies into the hands of the business user and the operator. Intelligent Assets greatly reduces the time it takes to track and monitor any asset in the business and to access valuable data to build and operationalize AI models, enabling any data scientist to use their tools of choice.

In this week's real-time analytics news: HPE launched HPE Swarm Learning, a privacy-preserving, decentralized machine learning framework for the edge. Keeping pace with news and developments in the real-time analytics market can be a daunting task. We want to help by providing a summary of some of the important news items our staff came across this week. Hewlett Packard Enterprise (HPE) announced the launch of HPE Swarm Learning, an AI solution to accelerate insights at the edge, from diagnosing diseases to detecting credit card fraud, by sharing and unifying AI model learnings without compromising data privacy. HPE Swarm Learning is a privacy-preserving, decentralized machine learning framework for the edge or distributed sites.