Industrial Conglomerates
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How Do LLMs Acquire New Knowledge? A Knowledge Circuits Perspective on Continual Pre-Training
Ou, Yixin, Yao, Yunzhi, Zhang, Ningyu, Jin, Hui, Sun, Jiacheng, Deng, Shumin, Li, Zhenguo, Chen, Huajun
Despite exceptional capabilities in knowledge-intensive tasks, Large Language Models (LLMs) face a critical gap in understanding how they internalize new knowledge, particularly how to structurally embed acquired knowledge in their neural computations. We address this issue through the lens of knowledge circuit evolution, identifying computational subgraphs that facilitate knowledge storage and processing. Our systematic analysis of circuit evolution throughout continual pre-training reveals several key findings: (1) the acquisition of new knowledge is influenced by its relevance to pre-existing knowledge; (2) the evolution of knowledge circuits exhibits a distinct phase shift from formation to optimization; (3) the evolution of knowledge circuits follows a deep-to-shallow pattern. These insights not only advance our theoretical understanding of the mechanisms of new knowledge acquisition in LLMs, but also provide potential implications for improving continual pre-training strategies to enhance model performance. Code and data will be available at https://github.com/zjunlp/DynamicKnowledgeCircuits.
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Panel Data Nowcasting: The Case of Price-Earnings Ratios
Babii, Andrii, Ball, Ryan T., Ghysels, Eric, Striaukas, Jonas
The paper uses structured machine learning regressions for nowcasting with panel data consisting of series sampled at different frequencies. Motivated by the problem of predicting corporate earnings for a large cross-section of firms with macroeconomic, financial, and news time series sampled at different frequencies, we focus on the sparse-group LASSO regularization which can take advantage of the mixed frequency time series panel data structures. Our empirical results show the superior performance of our machine learning panel data regression models over analysts' predictions, forecast combinations, firm-specific time series regression models, and standard machine learning methods.
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- Semiconductors & Electronics (1.00)
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Rockwell Automation Announces Acquisition of Knowledge Lens
Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, announced that it acquired Knowledge Lens. Based in Bengaluru, India, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial intelligence (AI), and engineering expertise. Knowledge Lens will join Rockwell's premier digital services business, Kalypso, to accelerate transformational outcomes for more manufacturers around the world. Rockwell's digital transformation services business is one of its fastest growing, as demand to scale connectivity across the enterprise and enable data-driven predictive and prescriptive insights increases. Together with Kalypso, Knowledge Lens will significantly expand Rockwell's capabilities to unlock the power of data, enable autonomous manufacturing, and drive continuous optimization for more manufacturers.
THE WEF'S FIREAID INITIATIVE AGAINST WILDFIRES MORE EFFICIENT – DURKKAS INFOTECH
Bringing together resources from government, civil society and the private sector, the multi-stakeholder initiative was developed by Turkey's largest industrial conglomerate and an international company developing a'digital twin' using proprietary AI technology. Previous research has identified AI and machine learning as useful tools for reducing wildfire risk, but they have not been fully utilized. The FireAId pilot shows how to unlock its potential and scale it for immediate use.
BAE Systems harnesses artificial intelligence for air operations planning
The Air Force Research Laboratory (AFRL) has awarded BAE Systems a $17 million contract to introduce artificial intelligence (AI) into an interactive game environment to support air operations planning in contested environments as part of the Fight Tonight programme. Under the Technical Area 2, Plan Gaming and Outcome Analysis contract, BAE Systems' FAST Labs R&D unit, alongside subcontractors Uncharted Software and Kestrel Institute, will develop a solution to rapidly generate and review multiple operational plans and select the most robust. 'This technology is about using AI to provide commanders with more options faster and with more details,' said Mike Miller, technical director for FAST Labs. 'The drag-and-drop video game-like interactions would reduce the time it takes to make a series of incremental adjustments to a plan from hours to minutes.' The proposed solution will provide an interactive user interface that enables planners to explore and access plausible'futures' in a dynamic environment.
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Rockwell Automation Announces Intent to Acquire CUBIC
Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, announced that it has signed a definitive agreement to acquire CUBIC, a company that specializes in modular systems for the construction of electrical panels. CUBIC, founded in 1973, serves fast-growing industries, such as renewable energy, data centers, and infrastructure, and is headquartered in Bronderslev, Denmark. CUBIC's efficient and flexible modular systems combined with Rockwell's intelligent devices and industry expertise will benefit customers by offering faster time to market, enabling broader plant-wide applications for intelligent motor control, and generating smart data to increase sustainability and productivity. CUBIC's established partner model will allow Rockwell to build an expanded Partner Network for intelligent motor control offerings in Asia, Europe, and Latin America. The company will bring new customers and partners in hybrid and process industries.
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- Europe > Denmark (0.26)
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The top 20 industrial technology trends – as showcased at Hannover Messe 2022
Hannover Messe (or Hannover Fair), the #1 global industrial tradeshow, was back in action earlier this month. The event that took place from 30 May–02 June 2022, in Hannover, Germany, showcased once again the latest developments and industrial technology trends. Despite a much smaller crowd (75,000 visitors--roughly 40% of pre-pandemic levels), the fairgrounds were buzzing and filled with senior executives from many of the leading industrial hardware, software, and service providers. The conference remains one of those rare fairs where you randomly walk into senior executives, like a Head of Engineering for a major industrial conglomerate, and not only into the pre-sales representatives giving you the usual pitch. "In the face of disrupted supply chains, rising energy prices, inflation, and climate change, it was all the more important to meet face-to-face again in the exhibition halls after two years marked by a pandemic, to take in the latest technology trends and get a window to the future."
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Can AI Clean Up One of the Dirtiest Corners of the Corporate World?
Industrial production is one of the dirtiest corners of the corporate world. A startup from former Google engineers thinks it can clean it up with artificial intelligence. Phaidra, a company based in Seattle, sells AI software to automate building controls for power plants and other industrial giants. For several years, DeepMind has let its AI system manage the temperature controls inside Google data centers, ultimately shaving huge chunks off the company's electricity bill.
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