If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Hello and welcome back to TechCrunch's China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical headwinds for foreign tech firms to enter China, many companies, especially those that find a dependable partner, are still forging ahead. For this week's roundup, I'm including a conversation I had with Prophesee, a French vision technology startup, which recently got funding from Kai-Fu Lee and Xiaomi, along with the usual news digest. Like many companies working on futuristic, cutting-edge tech in Europe, Prophesee was a spinout from university research labs. Previously, I covered two such companies from Sweden: Imint, which improves smartphone video production through deep learning, and Dirac, an expert in sound optimization.
GlobalData predicts cellular IoT subscriptions will grow in the range of 12-16% CAGR, depending on region, over the next five years, as remote working, autonomous vehicles, robotics, and other advanced use cases accelerate. There are many recent examples of IoT deals and alliances that signify traction. GlobalData's Q2 mobile trends report provides insights into subscriptions for mobile networks; among many other key findings, it offers a clue to the progress of IoT uptake in different regions. North America: Cellular IoT subscriptions will reach 151.5 million at year-end 2021, and will make up 26.5% of total mobile subscriptions in the region. GlobalData expects the number of North American IoT connections to increase at a CAGR of 15.6% from 2021-2026, reaching 312.3 million at the end of the period.
Recently we have seen in the media how artificial intelligence (AI) can help in the pandemic with many examples in the prediction and monitoring of it. We have also seen how it can contribute to improving the lives of visually impaired people, with applications such as Microsoft's SeeingAI or how it can also be a great ally for deaf people. AI has also been used to prevent bullying, as the startup WatsomApp does in Spain, and we find many examples where it is used in medical applications to help more efficient detection of tumors, or how it can contribute to the development of the autonomous car or sustainable agriculture, combined with IoT. In short, AI has become an essential technology in a multitude of industries, such as healthcare, banking, manufacturing or commerce, among others, being a great ally for people. The estimated global spending on AI is expected to exceed $50 billion this year and reach $110 billion by 2024 according to IDC.
Or in developed nations that are less wealthy than their closest neighbors, like my native Portugal. Because of the country's modest economic size, compared to most of Western Europe, many online companies have limited (or no) presence in Portuguese. British Airways, for instance, only offers customer service in Portuguese on weekdays during business hours--and they're a global airline with enormous operations in Europe. What's more, there are almost 230 million native speakers of Portuguese worldwide, the vast majority of them in Brazil (where, yes, British Airways also offers flights). It's the sixth most spoken language in the world.
The Council of Europe has recently adopted key resolutions concerning AI and its intersection with media and journalism. Should computers write the news? If AI tools remove deliberately misleading information, is that an infringement of freedom of expression, or does it protect public discourse? During the recent Council of Europe Ministerial Conference (10 and 11 June), a final declaration and four resolutions were adopted to address these worries. The resolution domains included digital technologies, safety of journalists, the changing media and information environment, and the impact of the Covid-19 pandemic on freedom of expression.
The Technion – Israel Institute of Technology, Israel's top university for science and technology, has been ranked number one in Europe, and number 15 worldwide, in the field of artificial intelligence by CSRankings. The rankings considered data from 2016 to 2021, including metrics like computer vision and natural web processing. As opposed to many university rankings that are survey-based, CSRankings measures each department based on how many publications by faculty appear at the most prestigious computer science conferences. This approach incentivizes faculty to publish at top venues and requires a built-in judgment of the research. The Technion has 46 researchers engaged in core AI fields and more than 100 researchers in related fields, such as health and medicine, autonomous vehicle, cybersecurity, and fintech.
Brussels – The European Union is using its strength as a wealthy trade bloc of half a billion consumers to set the global pace of climate change action, challenging others to match the ambitions of its latest carbon cutting plans. In its most ambitious bid yet to hit a goal of cutting net greenhouse gas emissions by 55% from 1990 levels by 2030, the EU on Wednesday laid out proposals that would consign the internal combustion engine to history and raise the cost of emitting carbon for heating, transport and factories. The question now is whether the EU gambit becomes an established benchmark upon which investors and sectors like the auto industry set transition strategies, and how big emitters like the United States and China respond ahead of U.N. climate talks later this year. "Amongst G7 and G20 nations, the EU position is now the explicit global benchmark," said Julian Poulter, Head of Investor Relations at Inevitable Policy Response, a consultancy on environmental economics. "It will exert a new influence on that basis, in other industrialized nations and their financial sectors, and increase pressure on those nations that remain as climate outliers and spoilers," he added.
Latest published market study on Global Artificial Intelligence (AI) in Construction Market provides an overview of the current market dynamics in the Artificial Intelligence (AI) in Construction space, as well as what our survey respondents--all outsourcing decision-makers--predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage of the study are Renoworks Software, SmarTVid.Io, Jaroop, Smartvid.io, Get ready to identify the pros and cons of regulatory framework, local reforms and its impact on the Industry. Market Factor Analysis: In this economic slowdown, impact on various industries is huge.
The center has four main goals: (1) establishing the Technion as a top-five university in the field of AI worldwide; (2) pooling resources, and recruiting researchers and students from Technion departments to advance and conduct joint research in the field; (3) connecting Technion researchers with relevant parties in the industry, especially tech companies and other organizations that generate Big Data; (4) establishing close research collaboration with other prominent research institutes in the AI field in Israel and the world. In May 2021, the Technion entered a long-term collaboration with American software giant PTC, under which the company will transfer its Haifa research campus to the Technion, to advance joint research in AI and manufacturing technology. PTC joins several other organizations that collaborate with the Technion in these fields, including the technological universities of Lausanne (Switzerland), Eindhoven (Netherlands), Munich (Germany), and the Paris Polytechnique (France) in Europe, as well as Cornell Tech, home of the Jacobs Technion-Cornell Institute, Waterloo University, and Carnegie Mellon University, which operates the largest center for AI and robotics in the United States. Currently, 46 Technion researchers are engaged in core AI research areas with more than 100 researchers in AI-related fields: health and medicine, autonomous vehicles, smart cities, industrial robotics, cybersecurity, natural language processing, FinTech, human-machine interaction, and others. The center has four main goals: (1) establishing the Technion as a top-five university in the field of AI worldwide; (2) pooling resources, and recruiting researchers and students from Technion departments to advance and conduct joint research in the field; (3) connecting Technion researchers with relevant parties in the industry, especially tech companies and other organizations that generate Big Data; (4) establishing close research collaboration with other prominent research institutes in the AI field in Israel and the world.
CTech -- The Technion's efforts to advance the field of artificial intelligence have positioned it among the world's leaders in AI research and development. CSRankings, the leading metrics-based ranking of top computer science institutions around the world, has ranked the Technion in first place in the field of artificial intelligence in Europe, and 15th worldwide. In the subfield of machine learning, the Technion is ranked 11th worldwide. The data used to compile the rankings is from 2016 to 2021. One of the innovations that is part of the framework of the Technion's AI prowess is the Machine Learning and Intelligent Systems (MLIS) research center, which aggregates all AI-related activities.