Your daily source of all the latest AI innovations and advancements.
Artificial Intelligence in Public Sector Fraud Detection Accountability and transparency are critical components of audits within the public sector. There is a constant scrutiny to ensure that finances are administered ethically while also providing timely alerts about potential financial strains or failures. The distribution of funds, particularly stemming from COVID measures, has surged, increasing the…
DeepMind, Manufacturing: Fetch.ai Partners with FESTO on Decentralised Manufacturing Marketplace AI blockchain startup Fetch.ai is collaborating with the renowned company FESTO to introduce a decentralised marketplace for manufacturing. Fetch.ai, headquartered in Cambridge, UK, boasts a talented team with backgrounds from notable organizations such as DeepMind, Siemens, and Sony, focused on developing decentralised autonomous “agents” capable…
‘Information Gap’ Between AI Creators and Policymakers Needs to be Resolved – Report An article from the World Economic Forum (WEF) highlights a significant disconnect in understanding between AI developers and policymakers. The report, co-authored by Adriana Bora, an AI policy researcher, and David Alexandru Timis, explores how to bridge accountability and trust issues surrounding…
Google Revises Paper Review Process After Internal Backlash Google is overhauling its approach to reviewing research papers following significant dissatisfaction among its employees regarding the company’s handling of sensitive topics. This change comes in the wake of the controversial dismissal of esteemed AI ethics researcher Timnit Gebru in December 2020. Gebru had publicly criticized Google’s…
Five Significant Use Cases for Machine Learning While numerous sectors are facing challenges due to the coronavirus pandemic, the IT industry and the shift to remote work have highlighted various inefficiencies in traditional business management methods. Data science, particularly machine learning, indicates that opportunities for enhancement are almost limitless. By utilizing strong algorithms, machine learning…
Healthcare Intel’s AI is Helping NFL Hopefuls Achieve Their Full Potential EXOS is testing Intel’s 3D Athlete Tracking (3DAT) technology to assist aspiring professional football players in reaching their peak performance. After an unpredictable year, these athletes require all available resources to maximize their potential. 3DAT is an advanced computer vision solution that employs four…
Industrial Transformation and the Path to Autonomy It may seem astonishing that a bullet train is operated by a human at the controls. Would you trust this individual to manage a train traveling at 300 miles per hour? In today’s technologically advanced landscape, critical industrial tasks such as inspections remain inefficient, expensive, and wasteful. An…
Automation’s Impact on the UK Job Market A recent forecast by Faethm AI indicates that over 1.4 million jobs in the UK could face automation within the current year. Faethm aims to prepare for the future of work by utilizing an AI engine, trained on extensive workforce data, to determine which jobs require reskilling or…
Face Recognition, Machine Learning: Affectiva Receives Six New Patents for AI Analysis of Vehicle Occupants AI pioneer Affectiva has been awarded six patents for its technology that detects the awareness and emotions of people within vehicles. Affectiva Automotive AI utilizes deep learning integrated with computer vision and in-vehicle cameras to assess the states of drivers…
The CEO of BT has indicated that advancements in artificial intelligence could lead to further job reductions at the FTSE 100 telecom firm, which has already announced intentions to eliminate up to 55,000 positions. Two years prior, the company revealed plans to slash between 40,000 and 55,000 jobs as part of its strategy to transform…