Page 23 - Artificial Intelligence

LG Group to invest over $100 mn for advanced AI-tech development in 3 years

LG Group said on Monday it will invest more than $100 million for the next three years to establish massive high-performance computing infrastructure for advanced artificial intelligence development

L &T Technology, Intel Corp develop AI-based outdoor parking solution

L & T Technology Services Limited, a leading global engineering services company, announced today that it worked with Intel Corporation to develop an outdoor smart parking solution.The solution is powered by the Intel distribution of the OpenVINO Toolkit to run AI inferencing models on Intel Xeon scalable processors and Intel Movidius VPUs. With edge AI capabilities, the solution aims to redefine the outdoor smart parking experience in public areas across the globe.Designed for a cloud-enabled world, the solution has four key components: an operator portal that hosts user information; a mobile application for end-user interface; a digital signage module to ensure safe and secured access; and a digital camera - all connected by the AWS cloud platform. This architecture helps end users easily locate available parking spaces in outdoor parking lots.The solution, which does not require sensors, can cover thousands of parking spots. Some of the key features include offering users a ...

Microfinance institutions using AI, machine learning to disburse more loans

Tailor-made financial products are being devised, and credit histories are created for all customers. New tools have led to high collection efficiencies

Indian researchers develop AI that may help in the fight against Covid-19

Given limited testing facilities for Covid-19, there's a rush to develop AI tools for quick analysis using X-rays. Experts say it can be very useful in smaller towns where access to CT scans is poor

Apple hires ex-Google AI scientist who resigned after colleagues' firings

Bengio is expected to lead a new AI research unit at Apple under John Giannandrea, senior vice president of machine learning and AI strategy, two people familiar with the matter said

Advanced tech being used for service delivery to citizens in Telangana

The government of Telangana has deployed advanced technologies to ensure better service delivery for citizens, reports Shivani Shinde

A career counsellor to navigate your child through a plethora of choices

The best time to approach a career counsellor is when your child is in class nine--someone who will help him dodge the duds and choose a line based on the child's interests, aptitude and ability

These techies are improving air quality in the war against Covid-19

Air pollution costs Indian businesses about Rs seven trillion every fiscal year, or 3 per cent of India's total GDP, a research report shows

Tesla is not just a car maker but an AI robotics firm, says Elon Musk

People will think of Tesla as much as an AI robotics firm: Musk

Willing to help in fight against Covid-19: Velamakanni of Fractal Analytics

After the outbreak of Covid-19, Fractal quickly scaled up efforts to provide empathy towards its staff, customers and vendors. The AI firm is now set to cross $1 bn in revenue

Parle Products to leverage on IBM hybrid cloud and AI to drive growth

With this, Parle hopes to find new ways to get its products to the consumer as the pandemic disrupts supply chain and mandates WFH for some employees

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Why use muscle? Let a bot be the debt collector and never lose a customer

Like in most emerging markets, these last-mile hurdles pose a frustratingly complex challenge to India's creditors. They also increase the overall risk premium for rural advances

5G's bouquet of promises: A technology that can change our lives forever

With the myriad possibilities that super high speeds and ultra-low latency could bring, telcos in India are looking at killer applications to attract consumers initially

IBM engaged in research to arm computers with Indian languages

IBM is engaged in research on Indian languages in a bid to develop new artificial intelligence applications in key industries

Robot dogs: On police forces, defence duty and their potential risks

What are these entities? These are canine-shaped robots with AI and four-legged mobility. Charact­eri­sed as "partly-autonomous" ground vehicles, they can be used to do a variety of tasks

Twitter analysing harmful impacts of its AI, machine learning algorithms

In a bid to assess racial and gender bias in its artificial intelligence/machine learning systems, Twitter is starting a new initiative called Responsible Machine Learning

EU plans ban on AI tech for mass surveillance, social credit scores

As artificial intelligence (AI) technology gets all-pervasive, the European Union is considering a ban on the use of AI for mass surveillance and social credit scores, among other applications.

The rise & fall & rise again of statistics

The surprising drivers of mathematical innovation

Google AI scientist Bengio resigns after colleagues' firings: Details here

Though at least two Google engineers had earlier resigned to protest the dismissal of artificial intelligence (AI) researcher Timnit Gebru, Bengio is the highest-profile employee yet to depart