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Making the AI desert bloom

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Then you've probably seen a boab. Also known as the "tree of life", they can store 100,000 litres of water, which can feed, restore and invigorate nature even in the toughest of conditions. But the tree is not Australia's only boab -- in Melbourne, Boab AI is an investment company supporting a very different kind of ecosystem. "Artificial intelligence investment in Australia is a nascent but relatively new area where Victoria is leading the way," says Boab AI Managing Director Andrew Lai, a technology-focused venture capitalist who has helped hundreds of startups during his 15-year career. "Australia's share of world GDP is 1.8%, but our share of global AI funding is 0.22%, according to Pitchbook. So many people in Silicon Valley have become billionaires by investing in tech, but we just don't have that history and investment risk taking culture here. Most people just want to invest in real estate."


Finance Faces Challenge Of Artificial Intelligence - FNArena

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This story features COMMONWEALTH BANK OF AUSTRALIA. With Australian finance services providers increasingly looking towards adoption of Artificial Intelligence, successful implementation of AI processes will be complicated and a question of timing in many instances. As we drive further into the 2020s many technological features of what were once regarded – even in relatively recent years – as from an out-of-reach futuristic world are now becoming commonplace. Essentially all of us use daily modern marvels such as smartphones, Wi-Fi, and Bluetooth, and the ways in which we can use them constantly increases. Yet this decade is also expected to deliver tremendous advances in areas such as wearables like smartwatches and fitness trackers, Virtual Reality (VR), Augmented Reality (AR), and in an array of other fields.


Complete Machine Learning & Data Science Bootcamp 2022

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This is a brand new Machine Learning and Data Science course just launched and updated this month with the latest trends and skills for 2021! Become a complete Data Scientist and Machine Learning engineer! Join a live online community of 400,000 engineers and a course taught by industry experts that have actually worked for large companies in places like Silicon Valley and Toronto. Graduates of Andrei's courses are now working at Google, Tesla, Amazon, Apple, IBM, JP Morgan, Facebook, other top tech companies. You will go from zero to mastery!


Applying data science in the life insurance industry -- a perspective from a qualified actuary

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To summarise, this use case presents a way for actuaries to automatically classify free-text claims causes data into pre-defined categories for further analyses. Ultimately, with the help of BERT, computers are able to understand human language. For this instance, computers are able to understand and compare medical terms or description of a claims event, which can be messy at times. The alternative which is manual filtering in Excel is not practical, especially for large number of claims. As mentioned previously, Excel has been the primary ETL tool for most life insurance actuaries.


Global Big Data Conference

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Artificial intelligence (AI) has had a profound impact on our society in recent years, but it's been around longer than you may realize. Many people attribute the beginning of AI to a paper written in 1950 by Alan Turing titled "Computer Machinery and Intelligence." The term artificial intelligence, however, was first coined in 1956 at a conference that took place at Dartmouth College in Hanover, New Hampshire. Since then, interest in AI has wavered. Its most recent resurgence can be attributed to IBM's Deep Blue chess-playing supercomputer and its question-answering machine Watson. Today, AI is part of our everyday lives – from facial recognition technology and ride-share apps to smart assistants.


Australia: Omicron death, false negative COVID results

Al Jazeera

Australia has reported its first confirmed death from the new Omicron variant of COVID-19 amid another surge in daily infections. The authorities, however, refrained from imposing new restrictions, saying hospital admission rates remained low. The death on Monday of a man in his 80s with underlying health conditions marked a grim milestone for Australia that has had to reverse some parts of a staged reopening after nearly two years of stop-start lockdowns due to the fresh outbreak. Omicron, which health experts say appears more contagious but less virulent than previous strains, began to spread in the country just as it lifted restrictions on most domestic borders and allowed Australians to return from overseas without quarantine, driving case numbers to the highest levels since the start of the pandemic. The authorities gave no additional details about the Omicron death, except to say that the man caught the virus at an aged care facility and died in a Sydney hospital.


Morrison Government supporting adoption of artificial intelligence in our regions

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The Morrison Government is investing $12 million to strengthen partnerships between the technology sector and regional Australians to solve uniquely Australian challenges. The new Catalysing the Artificial Intelligence Opportunity in Our Regions program will provide competitive grant funding over three rounds to regional organisations for artificial intelligence (AI) projects that deliver benefits to regional industries, businesses and communities. The program is part of the Government's $124.1 million investment under the AI Action Plan, which sets out a vision for Australia to become a global leader in developing and adopting trusted, secure and responsible artificial intelligence. Under round one, grants of between $250,000 and $500,000 are available. Minister for Science and Technology Melissa Price said the program would showcase the opportunities for AI to boost regional capabilities, grow trust in this technology and create a pathway for high-skilled jobs in regional Australia.


Complete Machine Learning & Data Science Bootcamp 2022

#artificialintelligence

This is a brand new Machine Learning and Data Science course just launched and updated this month with the latest trends and skills for 2021! Become a complete Data Scientist and Machine Learning engineer! Join a live online community of 400,000 engineers and a course taught by industry experts that have actually worked for large companies in places like Silicon Valley and Toronto. Graduates of Andrei's courses are now working at Google, Tesla, Amazon, Apple, IBM, JP Morgan, Facebook, other top tech companies. You will go from zero to mastery!


Robots use fear to fight invasive fish

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To fight the invasive fish, the international team, composed of biologists and engineers from Australia, the U.S., and Italy, turned to its natural predator -- the largemouth bass (Micropterus salmoides) -- for inspiration. They crafted a robotic fish that mimics the appearance and simulates the movements of the real predator. Aided by computer vision, the robot strikes when it spots the mosquitofish approaching tadpoles of an Australian species (Litoria moorei), which is threatened by mosquitofish in the wild. Scared and stressed, the mosquitofish showed fearful behaviors and experienced weight loss, changes in body shape, and a reduction in fertility, all of which impair their survival and reproduction. "Mosquitofish is one of the 100 world's worst invasive species, and current methods to eradicate it are too expensive and time-consuming to effectively contrast its spread," says first author Giovanni Polverino (@GioPolverino) of the University of Western Australia.


Launch of Australia's National AI Centre - Australian Security Magazine

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Australia's National Artificial Intelligence Centre has been launched to help unlock the potential of AI for business by coordinating the country's AI expertise and capabilities. The Centre is part of the federal government's $124.1 million investment under its AI Action Plan, which sets out a vision for Australia to become a global leader in developing and adopting trusted, secure and responsible artificial intelligence. Minister for Science and Technology Melissa Price said the Government was delivering on the AI Action Plan, ensuring Australia was charging ahead in developing and adopting artificial intelligence products and services. "The launch of the National Artificial Intelligence Centre positions Australia as a global leader in AI technology, harnessing our collective capabilities, talent and resources to be developers and drive early adoption of AI by our businesses," Minister Price said. "The National Artificial Intelligence Centre will play a pivotal role in ensuring we can take advantage of AI technologies, which has been forecast to contribute more than $20 trillion to the global economy by 2030. It will unlock the potential of AI and create new opportunities for business to access critical AI expertise and capabilities. The National Artificial Intelligence Centre will also help address barriers that small and medium enterprises face in developing AI and other emerging technologies by connecting business with the talent, knowledge and tools to succeed."