Your daily source of all the latest AI innovations and advancements.
Horizon Robotics Aims to Raise $700M to Compete with NVIDIA Chinese AI chip manufacturer Horizon Robotics is in the process of raising $700 million in a new funding round. This company is often viewed as a potential rival to NVIDIA in the Chinese market. Founded by Dr. Kai Yu, a highly regarded figure in the…
Artificial Intelligence OpenAI’s Latest Neural Network Creates Images from Written Descriptions OpenAI has released a striking new advancement in AI technology: an image-generating neural network known as DALL·E. This innovative model boasts 12 billion parameters, expanding on GPT-3’s capabilities by generating images from textual descriptions. According to OpenAI, “DALL·E is able to create plausible images…
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…
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…
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…
Fujitsu Develops AI for Identifying Product Abnormalities in Manufacturing Fujitsu has introduced an innovative AI solution designed to detect abnormalities in product appearances, significantly enhancing the early identification of manufacturing issues. This proactive approach helps prevent waste of materials, minimizing both direct costs and environmental impacts. Furthermore, it also mitigates the potential reputational damage and…
Google’s AI Reservation Service Duplex Expands to 49 States Google has rolled out its AI-driven reservation service, Duplex, to 49 states throughout the United States. This service must adhere to varying privacy regulations by state, and as it ventures beyond the US, it will need to comply with additional national laws. The delay in Duplex’s…
Applications, Gaming, Virtual Assistants Sony Patents AI to Enhance Gaming Experience Many players often find themselves frustrated with lengthy grinds or overwhelming challenges in video games, leading them to abandon a title altogether. However, Sony’s recent patent indicates a shift toward remedying this problem. The patent reveals the intention to develop an AI that not…
Machine Learning and Research Musk’s Claim of Tesla as the Top AI Chip Designer Tested Elon Musk’s assertion that Tesla is the leading AI chip designer has come under scrutiny through rigorous testing. In a bold statement made in 2019, Musk questioned how a company with no previous chip design experience could produce the world’s…