Moore's Law is dead, right? Although the historical annual improvement of about 40% in central processing unit performance is slowing, the combination of CPUs packaged with alternative processors is improving at a rate of more than 100% per annum. These unprecedented and massive improvements in processing power combined with data and artificial intelligence will completely change the way we think about designing hardware, writing software and applying technology to businesses. Every industry will be disrupted. You hear that all the time. Well, it's absolutely true and we're going to explain why and what it all means. In this Breaking Analysis, we're going to unveil some data that suggests we're entering a new era of innovation where inexpensive processing capabilities will power an explosion of machine intelligence applications.
Declaring "it's no longer a question of if...but when" autonomous vehicles are used in retail, President and CEO of Walmart (NYSE:WMT) U.S. John Furner announced the retail titan's intention to invest in General Motors' (NYSE:GM) Cruise self-driving car company in a press release today. Furner said the move will "aid our work toward developing a last mile delivery ecosystem that's fast, low-cost and scalable." The Walmart investment brings the total of Cruise's most recent funding round to $2.75 billion, though neither GM nor Cruise provides specifics on how much each individual company contributes to the whole, CNBC reports. Other investors in the subsidiary include GM itself, Microsoft, Honda Motor, and institutional investors. Among other projects, Cruise intends to roll out self-driving taxis in Dubai within the next two years.
Tesla has settled with a former employee that it sued for downloading data related to its Autopilot feature, Reuters has reported. Tesla filed the lawsuit against Cao Guangzhi back in 2019, accusing its former engineer of copying data to an iCloud account and taking it to his new employer, China's XMotors (owned by Xpeng). Cao reportedly made a monetary payment to Tesla as part of the terms of settlement, but the amount and other details were not disclosed. Cao's legal representative confirmed the settlement, saying he never provided Tesla information to XMotors or any other company. XMotors was not a party in the case, and said it developed its own self-driving technology in-house and respected intellectual property rights.
When Amazon first introduced Alexa and the Echo speaker six years ago, the idea of talking to a digital assistant wasn't totally novel. Both the iPhone and Android phones had semi-intelligent voice controls -- but with the Echo, Amazon took its first step toward making something like Alexa a constant presence in your home. Since then, Apple and Google have followed suit, and now there's a huge variety of smart speakers available at various price points. As the market exploded, the downsides of having a device that's always listening for a wake word have become increasingly apparent. They can get activated unintentionally, sending private recordings back to monolithic companies to analyze. And even at the best of times, giving more personal information to Amazon, Apple and Google can be a questionable decision. That said, all these companies have made it easier to manage how your data is used -- you can opt out of humans reviewing some of your voice queries, and it's also less complicated to manage and erase your history with various digital assistants, too. The good news is that there's never been a better time to get a smart speaker, particularly if you're a music fan.
With the help of this list, any person who is interested in artificial intelligence or machine learning can feel free to learn all about it. In this course, the instructor is going to talk about the meaning behind the common AI terminology. It includes explanations about neural networks, machine learning, data science, and deep learning. Then the instructor will talk about what AI can and can't do realistically. Similarly, you will also get to understand how to spot opportunities to apply AI to different problems in your own organization.
Walmart is signaling its commitment to autonomous deliveries with a new investment in self-driving company Cruise. The two already have a cozy relationship, having recently worked together on a delivery pilot in Scottsdale, Arizona. Walmart was so impressed with Cruise's "differentiated business, unique tech and unmatched driverless testing" that it decided to take part in the GM subsidiary's $2.75 billion funding round. The investment will see Cruise become an important part of the retailer's "last mile delivery ecosystem" -- industry parlance for the final journey from warehouse to customer. Walmart has struck additional partnerships on driverless deliveries with companies including Google's Waymo, Ford and Udelv.
In today's tech-savvy world, it is really fascinating to see millions of devices talking, exchanging data and transforming valuable insights into vital courses of action. Thanks to the Internet-of-Things (IoT) and Artificial intelligence (AI) which has transformed the business world by storm. Indeed, they have made businesses less dependent on humans and more dependent on machines. The result is ultimately auspicious! Now, it is easier for companies to aggregate a tremendous amount of data, analyze and make fearless decisions to take a big leap in business using smart technologies.
It is true that the Industrial Internet of Things will change the world someday. So far, it is the abundance of data that makes the world spin faster. Piled in sometimes unmanageable datasets, big data turned from the Holy Grail into a problem pushing businesses and organizations to make faster decisions in real-time. One way to process data faster and more efficiently is to detect abnormal events, changes or shifts in datasets. Thus, anomaly detection, a technology that relies on Artificial Intelligence to identify abnormal behavior within the pool of collected data, has become one of the main objectives of the Industrial IoT.