The AI industry continued to thrive this year as companies sought ways to support business continuity through rapidly-changing situations. For those already invested, many are now doubling-down after reaping the benefits. As we wrapped the first quarter of 2022 ,it’s time to look ahead at what more to expect from the AI industry this year. Smoother Integration of AI in companies Many companies are uncertain where and how to begin their AI journey. Around 30% of businesses want to integrate AI into their operations in the next several years, while…
Read MoreBlog
Edtech startup Skill-Lync builds EV to help students gain insight into auto industry
Skill-Lync, an engineering edtech startup, officially confirmed that it has developed an in-house electric vehicle to help its students learn about the automotive industry’s future. The vehicle was developed by a team of six Skill-Lync in-house experts in partnership with professionals from the country’s leading OEMs. The EV, which was built over nine months at a cost of around Rs 5 lakh, will provide students with real knowledge of what goes into making an electric vehicle. The EV has a top speed of 45 kmph and a range of 40…
Read MoreUniphore acquires AI-powered knowledge automation solution Colabo
Uniphore, a conversational automation platform, announced on Wednesday that it has acquired Colabo, an AI-powered knowledge automation solution, for an undisclosed amount. Colabo, according to the business, specialises in extracting and exploiting information from structured and unstructured documents in real time. Colabo’s AI solution, according to Chennai-based Uniphore, enhances consumer interaction solutions by combining knowledge from any digital and physical assets into a seamless, tailored omni-channel experience. “This acquisition brings together unique capabilities to arm enterprises with new tools that provide a quick resolution to consumer queries and empower agents…
Read MoreGoogle’s DeepMind AI can now manipulate nuclear fusion
DeepMind, Google’s artificial intelligence division, has trained an AI to control the superheated plasma inside a nuclear fusion reactor, paving the way for unlimited clean energy to arrive sooner. Nuclear fusion is the method by which our sun and other stars generate energy, yet it remains frustratingly out of reach despite decades of research. Nuclear fusion has enormous potential, according to physicist Dr. Arthur Turrell, who recently described it as “a breakthrough in human history comparable to the advent of electricity.” One of the most difficult aspects of doing so…
Read MoreWhy STEM education is so important
STEM (Science, Technology, Engineering, and Mathematics) is an acronym that stands for Science, Technology, Engineering, and Mathematics. STEM education focuses on teaching these four disciplines as a whole, so that concepts may be easily applied through hands-on activities and real-life examples. Science, math, technology, and engineering are taught as four different disciplines in the traditional Indian educational system. STEM education, on the other hand, conveys knowledge through integrated learning that is based on real-world applications of concepts. STEM education allows children to apply what they’ve learned in the classroom to…
Read MoreDeep tech SaaS firm Spyne bags $7 million funding from Accel, others
Spyne, a deep-tech Software-as-a-Service (SaaS) company, has secured $7 million in a round headed by US venture capital firm Accel, with existing investors Storm Ventures, Smile Group, Pentathlon Ventures, and Core91 also participating. Spyne intends to utilise the funds to hire more people, expand globally, especially in the United States, and establish a computer vision lab for more in-depth research and development (R&D). “We are looking to build a strong deep-tech computer vision team and for our new computer vision lab, we will be hiring from IITs and other institutions,”…
Read MoreHealthtech startup Ultrahuman acquires wearables firm LazyCo
Ultrahuman, a health-tech business, revealed on Tuesday that it has acquired LazyCo, a consumer-focused wearables company, for an unknown sum. To improve the user experience and raise metabolic health standards around the world, LazyCo will collaborate with Ultrahuman’s global in-house hardware development team. Ultrahuman, based in Bengaluru, will employ the LazyCo team’s expertise to give consumers with more detailed metabolic information and better overall health information. Ultrahuman’s wearable technology, founded by Mohit Kumar and Vatsal Singhal, helps people optimise their activity and nutrition based on glucose indicators. Kumar and Singhal…
Read MoreGoogle Search Discover Feed on Android Testing ‘Like’ Button For Articles
Google’s Discover Feed displays news articles and other written content from around the web. For the first time, the Google Search Discover feed on Android now displays likes directly beneath the articles. The like button resembles those found on Twitter and other social media sites. However, Google’s experimentation with the “like” button could have a significant impact on the article’s exposure or the amount of traffic it produces from viewers/readers. It’s feasible that Google will introduce likes as a means for people to determine whether or not an article in…
Read MoreTech is ready to get into your skin
Implanting microchips into the human body is no longer a science fiction concept, but a reality. Walletmor, a British-Polish business, recently announced that it was the first to commercialise such technology. The implant, according to Wojtek Paprota, the company’s founder and CEO, may be used to pay bills everywhere contactless payments are accepted. Walletmor’s chip is made out of a tiny microchip and an antenna wrapped in a biopolymer — a naturally generated material similar to plastic — and weighs less than a gramme and is around the size of…
Read MoreEpic Games raises $2 billion in funding to accelerate metaverse plans
Epic Games has raised a significant sum of money in order to realise its aim of building a metaverse in the near future. The company has raised a $2 billion round of money for the cause, backed by existing investors Sony Group Corporation and Kirkbi, and has stated its intentions in a recent memo. In its announcement, Epic Games mentions where it plans to direct the funds. As per Tim Sweeney, CEO and Founder of Epic Games, the investment will propel the company’s work “to build the metaverse and create…
Read More