According to a report by The Print, India’s Drone Market could become a multi-billion dollar industry in the next decade as found in research conducted by an advisory firm Business Research Institute (BIS). This fact also received confirmation from the All India Council For Robotics & Automation (AICRA). According to Global Market Intelligence combined with BIS Research, the global drone market is currently dominated by the US, China, and Israel. It is expected to touch $28.47 billion in the year 2021. As forecasted, it is estimated that the drone market…
Read MoreMonth: July 2021
Twitter to introduce a new feature allowing businesses to sell goods from their page.
Twitter on Wednesday began testing a new feature that helps businesses to, sell their products from their page. “Though we are in very early explorations, we’re excited about the potential of shopping on Twitter and eager to learn more as we go,” Goldbird product lead Bruce Falck said in a blog post. The primary goal of this new feature is to enable users to purchase a product. Business pages will have space in their profile to showcase their products, as per reports. “Fundamentally, it’ll give us the chance to keep…
Read MoreFacebook’s AI-empowered robots developed a language on their own? : Everything you need to know.
As per some social media claims, Facebook’s AI-empowered robots Alice and Bob have further stepped up by developing a language to communicate on their own. AI is a part of our everyday life and it’s hard to escape from it. Studies already revealed that the future of human tech relationships may take a new turn when AI systems learn and develop skills on their own. Some social media platforms claim that the evolution towards AI autonomy has already happened at the Facebook office. Reportedly, Facebook has unplugged Alice and Bob…
Read MoreAlphabet’s Q2 earnings were announced by beating Wall Street’s expectations
Google’s parent company Alphabet announced their Q2 earnings on Tuesday by beating the expectations of Wall Street. Alphabet’s profit per share was $27.26 while Wall Street reported $19.21. Total revenue was $61.88 billion versus the $ 56.02 estimate. Alphabet revealed that googles ad business skyrocketed in quarter 2 with $57.1 billion in revenue steered by Google search ads which brought in $35.8 billion in revenue. they also confirmed youtube’s advertising revenue growth as 84 percent and generated $7 billion. Google chief business officer Philippa schindler says, “The global shift to…
Read MoreChina launches campaign to clean up apps
China has announced a 6 months-long campaign to clean up applications that violates consumer rights, cybersecurity and disturbing market order. The campaign was launched on Friday by the Ministry of Industry and Information Technology. The order is part of a wider effort to crack down on tech industries and police use of personal information. Authorities have ordered fines and other penalties for some of China’s biggest tech companies. The Ministry of Industry and Information Technology identified 22 specific scenarios that required urgent rectification include malicious blocking of website links and…
Read MoreAn AI-enabled system for detecting social distance breaches
A team of researchers developed an AI-empowered video surveillance system used to observe and inform social distancing breaches without compromising privacy.They demonstrated it by keeping image processing gated to a local network of cameras, thereby outdoing the necessity to store sensitive data in a central server. They conducted the case study at Gold Coast Airport which, pre-COVID-19 had 6.5 million passengers annually with 17,000 passengers on-site daily. Hundreds of cameras cover 290,000 square meters with hundreds of shops and more than 40 check-in points. Experimenters lightweight and cutting-edge algorithms for…
Read MoreWhy metaverse excites Mark Zuckerberg
Visualize a world where you can bring a virtual version of your workplace while you are at a beach…!! That’s how metaverse is expected to begin a revolution. The term “metaverse” was introduced by Neal Stephenson in his 1992 novel “Snow crash”. The metaverse concept again created a buzz recently with some huge investments that have been made by giant companies. Metaverse is the mixture of the physical world with the digital one using augmented reality. Facebook owner Mark Zuckerberg on Monday announced his new team to work for the…
Read MoreMachine learning applications do not need a huge amount of data for learning
A group of researchers from the University of British Columbia has discovered that some machine learning applications can learn from less data. They published their paper in the journal “nature machine intelligence”. The team interprets the testing they performed with machine learning applications created to predict certain types of molecular structures. In this new effort, researchers found that machine learning applications such as spotting people in photographs do not need huge amounts of data to be useful. The discovery paves the way towards the scope to develop more machine learning…
Read MoreSamsung ready to unveil flip and foldable phones
Samsung is expected to announce some new flip and foldable phones. As per the reports, Samsung will make the official announcement at the galaxy unpacked event to be held on August 11th. Samsung itself revealed the event details in the official Twitter handle. Samsung’s website post reads, “For the past decade and we’ve seen smartphone innovations change our daily lives. Why change a good thing? We are about to give you better. Get ready to unfold.” Samsung’s first foldable phone was the galaxy fold that came to market in September…
Read MoreFaster & efficient robotic window cleaner
A new robotic window cleaner has been made by researchers that ensure more potential than the current methods. As per the note released by one of its co-founders, Mohammed dabri, their robotic window will increase efficiency and abolish the risk of injuries. Mohammed dabri says, they developed a robotic window cleaner after witnessing the tragic death of a window cleaner who fell from the 10th floor of a building. “Then, a man lost his life just so the windows are cleaner for a few weeks, which is very unfair trade,”…
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