macmillan
Hologic Combines AI with Breast Cancer Imaging
Hologic is bringing artificial intelligence to breast cancer imaging with its latest product. The Marlborough, MA-based company has won a nod for the 3DQuorum Imaging Technology, powered by Genius AI. These analytics identify clinically relevant regions of interest and preserve important features during the reconstruction of the SmartSlices. This helps to expedite read time by reducing the number of images for radiologists to review, without compromising image quality, sensitivity or accuracy. With 3DQuorum technology, the number of 3D images to review is reduced by two-thirds, saving an average of one hour per eight hours of daily image interpretation time.
An ethical framework for the AI age
While blockchain and quantum computing continue to inch up the emerging technologies hype cycle, artificial intelligence (AI) is revolutionising the financial services industry by stealth. Fuelled by the three'V's of big data โ velocity, volume and variety โ AI tools are being deployed across the bank, from the customer front end to deep in the back office. AI is an umbrella term that covers robotic process automation, or the simple automation of processes such as data entry; natural language processing (NLP), most commonly used in chatbots; and machine learning, as is used in robo-advisory services and credit scoring. To date, much of the focus has been on customer benefits, such as improved experience and more personalised products; however, Cathy Bessant, Bank of America's chief operations and technology officer, believes that the more exciting application areas are in risk management and financial forecasting. "AI gives us the ability to take vast amounts of data and produce forecasts and risk assessments based on changing variables to understand their impact. The opportunity for fast, world-class risk management is huge," she says.
This online art market uses AI to match buyers to paintings
Juliette Belmonte is a Costa Rican-born American artist whose unusual portraits are festooned with with flowers and colourful shapes, giving her subjects a surrealist air. She works from a mobile studio in a Westfalia camper van while she travels up and down the Californian coastline. For the past 15 years, Belmonte has managed to make a living by doing art fairs and exhibiting in various art galleries. Since June 2013 her sales have doubled thanks to an online art marketplace called Artfinder. "They also go more quickly and reliably," she tells the Independent from the van on the way to the Sierra Nevada mountains with her dog, Hugo.
Microsoft Stock Gets Boost From AI, Machine Learning Initiatives
And investors liked what they heard. Microsoft shares were up 0.4% to above 55 in afternoon trading on the stock market today, approaching their all-time high of 56.85, reached on Dec. 29. "Microsoft's Build conference was more exciting than we expected, with major announcements around machine learning, bots and AI," Pacific Crest Securities analyst Brendan Barnicle said in a report Wednesday. "These products show Microsoft's development focus is moving beyond the cloud to Conversations as a Platform." Barnicle reiterated his overweight rating on Microsoft stock with a price target of 65.