Even as detecting cancer early remains key, a Gurugram-based startup PredOmix has developed a novel blood test that can detect about 32 cancers in both men and women, with 98 per cent accuracy. The company's OncoVeryx-F is a patented technology that combines metabolomics (study of small molecules) and Artificial Intelligence (AI) to identify metabolite signatures of multiple cancers in a single test. "Metabolomics is a particularly suitable technique for cancer detection since metabolic reprogramming constitutes one of the hallmarks of cancer cells. By using appropriate big data algorithms, metabolite asignatures' characteristic of cancer can be accurately extracted from the serum metabolome," Dr. Kanury V.S. Rao, Co-Founder & Chief Scientific Officer (CSO), PredOmix, told IANS. The test was first launched in 2022 and identified four major female-specific malignancies in a single blood test: breast, endometrium, cervix, and ovary.

Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, has found in its latest study that fraud prevention is the biggest driver for investments in AI-enabled risk decisions this year. The survey, which offers the views of 100 decision-makers from fintechs and financial services firms across Europe, found that other major drivers for investments in AI-enabled risk decisioning include automating decisions across the credit lifecycle (68%), competitive pricing (65%) and cost savings and operational efficiency (61%). The survey highlighted the role that alternative data can play in the fight against fraud, with 68% of those surveyed choosing to incorporate alternative data for the purpose of improving fraud detection. It also found that access to data is the biggest challenge to an organisation's risk strategy (88%), closely followed by a lack of a centralised view of data across the customer lifecycle (74%). "The risk of fraud has heightened across the entire financial services landscape, and with attacks only becoming more sophisticated and widespread, it is positive to see that more firms are turning to AI-enabled technologies to minimise these threats," said Carol Hamilton, SVP, Global Solutions at Provenir.

But, as entire economies become more data-driven, with government-enforced tax controls demanding increasingly granular levels of transactional information, there is a growing need for analytics solutions capable of handling this data, securely and at scale. Fortunately, innovations such as artificial intelligence (AI) and machine learning mean that businesses are able to scale up their analysis like never before to ensure the right data is presented in the right format for the right audience. Tax reporting is becoming more complicated as different countries have different requirements. With increasingly strict penalties for non-compliance, businesses everywhere need to consider their analytics capabilities if they hope to keep up. In an effort to close their respective country's VAT gap, tax authorities across the world are using every tool at their disposal to collect all revenue owed to them. Real-time VAT reporting, for example, is growing in popularity, with many tax authorities employing continuous transaction controls – such as electronic invoicing and audit reporting – to insert themselves ever closer to companies' transactions.

The deployment of increasingly smarter chatbots, AI-powered virtual assistants and conversational AI technology has enabled organizations to increase customer engagement, save resources by efficiently scaling their customer-facing operations, and ultimately make their customers and end users more satisfied. But now, with ever-smarter and more context-aware chatbots, advancements in fields such as predictive analytics and speech recognition, and the integration of these technologies into end-users' devices, we witness how data scientists, engineers, and AI entrepreneurs are taking things to the next level. The trends considered in this article are based on the insights provided by the conversational AI leaders and innovators who have thus far participated in our conversational AI interviews. For each trend, we discuss the impact and opportunities for businesses to leverage the next generation of conversational AI. We invite NLP and Conversational AI innovators to participate in the survey to be featured in our upcoming article "Inspiring People in Conversational AI to Follow in 2020".

Your stakeholders, including board members, customers, and regulators, will have many questions about your organisation's use of AI and data, from how it's developed to how it's governed. You not only need to be ready to provide the answers, you must also demonstrate ongoing governance and regulatory compliance. Our Responsible AI Toolkit is a suite of customizable frameworks, tools and processes designed to help you harness the power of AI in an ethical and responsible manner - from strategy through execution. With the Responsible AI toolkit, we'll tailor our solutions to address your organisation's unique business requirements and AI maturity.

Robots could bring about a four-day working week in Britain as automation and artificial intelligence increase workplace efficiency, a new study has revealed. If new technologies were passed on to staff, they would be able to generate their current weekly economic output in just four days. Even relatively modest gains from using robots and AI had the potential to give British workers Scandinavian levels of leisure time, according to research done by the cross-party Social Market Foundation (SMF) thinktank. The research will boost John McDonnell's plans to reduce hours in the working week The conclusions of the study will come as a boost to John McDonnell, the shadow chancellor, who wants to look at reducing hours in the working week. TUC general secretary Frances O'Grady used her speech to the organisation's annual gathering last month to call for a four-day working week, saying that it should be achievable by the end of the century.

Over the past decade artificial intelligence has slowly trickled into domains which once were considered solely driven by humans. One such area in an organisational set up is the Human Resources and Recruitment department. This is a unit where AI can potentially be used to accelerate and assist human effort. From candidate acquisition, to scanning resumes devoid of bias, to improving employee engagement and answering real-time question, AI has the potential to revolutionise human resources and its management. Catching the eyes of a potential hire is the antecedent need in the recruitment process.

"[T]he emergence of the robotics industry ... is developing in much the same way that the computer business did 30 years ago. Think of the manufacturing robots currently used on automobile assembly lines as the equivalent of yesterday's mainframes.... [S]ome of the world's best minds are trying to solve the toughest problems of robotics, such as visual recognition, navigation and machine learning. I can envision a future in which robotic devices will become a nearly ubiquitous part of our day-to-day lives. I believe that technologies such as distributed computing, voice and visual recognition, and wireless broadband connectivity will open the door to a new generation of autonomous devices that enable computers to perform tasks in the physical world on our behalf. We may be on the verge of a new era, when the PC will get up off the desktop and allow us to see, hear, touch and manipulate objects in places where we are not physically present."

Artificial intelligence (AI) has continued to gain prominence in 2017 as one of the biggest upcoming technologies. It is beginning to have more of an influence on companies' strategies and is predicted to drive significant change for organisations. Check out the latest findings on how the hype around artificial intelligence could be sowing damaging confusion. Also, read a number of case studies on how enterprises are using AI to help reach business goals around the world. You forgot to provide an Email Address.

Artificial intelligence (AI) has continued to gain prominence in 2017 as one of the biggest upcoming technologies. It is beginning to have more of an influence on companies' strategies and is predicted to drive significant change for organisations. You forgot to provide an Email Address. This email address doesn't appear to be valid. This email address is already registered.