Your daily source of all the latest AI innovations and advancements.
Axelera AI Start-up Emerges with £8.7M Backing Axelera AI, a Dutch semiconductor start-up focused on artificial intelligence, has recently come out of stealth mode with an impressive £8.7 million in seed funding. The investment round was primarily led by Bitfury, an incubator company that specializes in security and infrastructure for the Bitcoin blockchain. Other contributors…
The New Space Race: A Breeding Ground for Innovation The current space race is capturing headlines and sparking public interest in the possibilities of extraterrestrial exploration. For technology innovators, this surge of interest presents a plethora of exciting opportunities. It has introduced a rapid, ‘Silicon Valley’ style innovative approach to a sector that was traditionally…
Machine Learning Research: AI Imaging Solution for Moon’s Shadowy Craters Researchers from the Max Planck Institute for Solar System Research (MPS) in Germany have introduced an innovative AI technique aimed at enhancing the imaging of the Moon’s shadowed craters. The algorithm, known as HORUS (Hyper-effective nOise Removal U-net Software), offers a remarkable capability to map…
Paravision Enhances Computer Vision and Facial Recognition US-based Paravision has unveiled significant upgrades aimed at enhancing its computer vision and facial recognition capabilities across various platforms, including mobile, on-premise, edge, and cloud environments. “From cloud to edge, Paravision’s goal is to help our partners develop and deploy transformative solutions around face recognition and computer vision,”…
NVIDIA and QuEST Partner to Advance AI Solutions in Japan QuEST has expanded its collaboration with NVIDIA to enhance the digital transformation of businesses in Japan by providing cutting-edge AI solutions. Recently named an Elite Service Delivery Partner within the NVIDIA Partner Network (NPN), QuEST gains early access to the latest NVIDIA platforms, software, and…
Tencent Cloud Unveils Advanced AI Chips Tencent Cloud has announced the development of three state-of-the-art AI chips, asserting that they significantly outperform competing products, although detailed specifications are currently limited. As the third-largest cloud services provider in China, following Alibaba and Huawei, Tencent introduced these chips at its 2021 Digital Ecology Conference. Overview of the…
MicroAI Showcases AI Security Solutions at CES Las Vegas MicroAI, a Texas-based company specializing in edge AI products, is presenting its Launchpad quick-start deployment tool alongside new security software at this year’s CES exhibition. Renowned as the world’s largest tech event, CES is being held at the Las Vegas Convention Center from January 5 to…
Deloitte Launches Unlimited Reality to Enable AI-Powered Virtual Worlds Deloitte has introduced Unlimited Reality, a groundbreaking offering aimed at assisting clients in utilizing emerging technologies such as AI to develop immersive virtual environments as part of the metaverse. The term “metaverse,” originally introduced in the 1992 sci-fi novel “Snow Crash,” has gained significant traction in…
DeepMind’s AlphaCode: A New Era in Programming DeepMind’s AI coding system, AlphaCode, has demonstrated it can compete with the skills of a typical human programmer. The effectiveness of AlphaCode was evaluated through participation in ten programming contests hosted on Codeforces, a popular platform that draws thousands of competitors. In these contests, AlphaCode managed to rank…
SingularityDAO’s AI-Powered ‘DynaSets’ Outperform the Crypto Market SingularityDAO, stemming from the work of prominent AI researcher Ben Goertzel’s SingularityNET, has revealed that its innovative cryptocurrency baskets, known as DynaSets, have shown superior performance compared to the broader crypto market. Following a challenging period for cryptocurrencies, where Bitcoin experienced a significant drop of around 50% from…