Press Release
Complex Questions As Face Recognition Tech Joins Ukraine War
Ukraine is employing face recognition technology to identify invading Russian troops killed on its soil, a complex and unprecedented avenue for software already seen as problematic, experts said Thursday. The embattled nation uses details resulting from the process to try to track down and notify the families of the dead, in an act Ukraine says is aimed at piercing Russia's war information filter. While this type of artificial intelligence could offer closure to families denied it by the fog of war or Kremlin secrecy, the potential for mistakes is considerable and consequential. "If you're a Russian parent being informed that your child has been killed when it's not true, that gets into a complex ethical dilemma," said Jim Hendler, director of the Institute for Data Exploration and Applications at Rensselaer Polytechnic Institute in New York state. US-based Clearview AI, often criticized by privacy advocates, says it gave Ukrainian officials free access to its service that matches images from the internet to pictures uploaded by users trying to identify someone. "The Ukrainian officials who have received access to Clearview AI have expressed their enthusiasm, and we await to hear more from them," Hoan Ton-That, the firm's co-founder and CEO, said in a statement.
InfoVision hives off its Product Incubation Lab - Digit7
InfoVision Inc, a leading global digital services company announced the launch of Digit7 as an independent entity. Digit7 was incubated by InfoVision with a vision of solving key business challenges through deployment of edge technologies and leveraging its deep industry expertise. "The launch of Digit7 marks an important step in its evolution," said Raman Kovelamudi, Co-founder, InfoVision. "Last 2 years have seen the solutions mature with product-market fits getting established. The idea that we had is now ready to build its own market, brand, client, and partner ecosystem – and we are thrilled by this prospect."
Lucid Motors will use Nvidia's auto-grade chips to power autonomous driving
Lucid Motors will use Nvidia's auto-grade computer chips in its vehicles to enable advanced driver assistance and autonomous driving features, the companies announced Tuesday. The automaker's current and future lineup will be built on Nvidia's end-to-end Drive Hyperion platform. Hyperion is the latest iteration of Nvidia's Drive platform that allows automakers to customize their own driving features. This new hardware will form the basis for a new suite of driving features, including advanced driver-assistance systems (ADAS), automated parking, and autonomous driving, the companies said. Lucid released its first EV, the Lucid Air, last year and is already working on a follow-up: a long-range electric SUV code-named Project Gravity.
Global Automotive Artificial Intelligence (AI) Market is Forecast to Grow to US$7,676.92 Million by 2028, with a CAGR of 31.30% in the 2022-2028 period
Artificial intelligence (AI) is a cutting-edge computer science technology. It shares similarities with human intelligence in terms of language comprehension, reasoning, learning, problem solving. In the development and revision of technology, market manufacturers face enormous intellectual challenges during the forecast period. Furthermore, the expansion of the automotive industry is expected to drive the Automotive Artificial Intelligence Market during the forecast period. The automotive industry has recognized the potential of artificial intelligence and is one of the major industries that employs AI to augment and mimic human action which is the major factor driving the growth of Automotive Artificial Intelligence Market during the forecast period.
Artificial intelligence: the EU needs to act as a global standard-setter
The adopted text says that the public debate on the use of artificial intelligence (AI) should focus on this technology's enormous potential to complement humans. The text warns that the EU has fallen behind in the global race for tech leadership. As a result, there is a risk that standards will be developed elsewhere in the future, often by non-democratic actors, while the EU needs to act as a global standard-setter in AI. MEPs identified policy options that could unlock AI's potential in health, the environment and climate change, to help combat pandemics and global hunger, as well as enhancing people's quality of life through personalised medicine. AI, if combined with the necessary support infrastructure, education and training, can increase capital and labour productivity, innovation, sustainable growth and job creation, they add.
Evisort Named Winner in 2022 Artificial Intelligence Excellence Awards
The Business Intelligence Group today announced that Evisort is a winner in its inaugural Artificial Intelligence Excellence Awards program. Evisort is the leading provider of artificial intelligence (AI) solutions for contract management and analytics. This press release features multimedia. Evisort is a winner in The Business Intelligence Group's inaugural Artificial Intelligence Excellence Awards program. Evisort is the leading provider of artificial intelligence (AI) solutions for contract management and analytics.
OrthoGrid launches artificial intelligence platform for THR
At the American Academy of Orthopaedic Surgeons Annual Meeting, OrthoGrid Systems Inc. announced the OrthoGrid Hip AI platform, an intraoperative navigation system for total hip replacement, according to a press release. The OrthoGrid Hip AI technology, which is powered by artificial intelligence (AI) and machine learning, is designed to improve surgeon efficient, accuracy and reproducibility, according to the release. "Surgeons are risk-averse decision makers," Richard Boddington, co-CEO of OrthoGrid, said in the release. "They spend most of their time interpreting information so they can make decisions that ensure reproducible outcomes for their patients. AI provides them with the most efficient way to interpret all that information in real-time, which is the true transformation we are delivering in orthopedic surgery," he added.
Pasadena Artificial Intelligence Company Launches Platform Designed to Help Make Reliable Decisions Faster – Pasadena Now
Virtualitics Inc., a Pasadena-based advanced analytics and AI company, has launched AI software that aims to help enterprises and government agencies make reliable business decisions faster. In a statement, the company said the Virtualitics AI Platform, launched Wednesday, makes use of clear, explainable no-code AI modeling, with patented technology based on over 11 years of research at Caltech and NASA's Jet Propulsion Laboratory. The platform makes it easy for businesses to embed AI in their operations, allowing customers to Explore, Predict, Prescribe and Act, the statement said. "Enterprises today struggle to implement AI successfully and embed it into the flow of work," Michael Amori, Founder and CEO of Virtualitics, said. "One of the big reasons for this is because business users and analysts can't understand the output of AI applications and therefore don't trust it. Virtualitics AI Platform solves this problem by making AI both understandable and accessible to anyone in the business."
Modulos presents its Data-Centric AI platform at #MWC22 - Modulos
ZURICH, SWITZERLAND, February 24, 2022 -- Modulos AG is presenting its unique Data-Centric AI platform designed to speed the development of trustworthy AI applications and help companies comply with forthcoming AI regulatory frameworks. The Modulos platform is designed to serve users that need reliable machine learning (ML) models that can be easily integrated into their business activities. The platform ensures fairness, accuracy, and robustness during development and deployment. As machine-learning models are built, humans are kept in the loop, ethical considerations are always paramount, and there is a focus on explainable decision-making throughout the journey. Iterating data is the next frontier in improving the performance of AI applications while the search for the most optimal solution is delegated to automated machine learning (AutoML).
CryptoHero Launches Trade-To-Earn Crypto Bots Marketplace
Novum Global Ventures, the company behind CryptoHero announced the launch of its Bots Marketplace. The Marketplace offers experienced crypto traders an avenue to earn additional income by leasing their crypto trading bots to other users. The traders can set their own monthly subscription fees with the platform taking 20% as fees. The Bots Marketplace also gives users new to the world of automated trading, a jumpstart as these new users can simply select the bots that are already proven in real world trading. "Our revolutionary Bots Marketplace caters to both experienced and new users. For the experienced users who are already profiting from their well-configured bots, they can now earn additional revenue by leasing out their bots to other users. For the new users, the Bots Marketplace solved one of their greatest dilemma – what settings are good for a trading bot to be profitable.", said Christopher Low, CEO and founder of CryptoHero.