EMPOWERING INNOVATION

Browsing category

Business

Business

HOW AI IS TRANSFORMING THE WORLD

Even in todays world, most people are not very familiar with the concept of artificial intelligence (AI). As an illustration, when 1,500 senior business leaders in the United States were asked about AI, only 17 percent said they were familiar with it.1 A number of them were not sure what it was or how it would affect their particular companies. They understood there was considerable potential for altering business processes, but were not clear how AI could be deployed within their own organizations. Despite its lack of general familiarity, artificial intelligence…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

What SenseTime offered at World AI cannes festival?

SenseTime, a Hong Kong-based AI company, gave a keynote titled “AI for a better tomorrow” at this year’s World AI Cannes Festival(WAICF). The keynote was given by George Huang, President of SenseTime’s International Business Group, who demonstrated how the company is using AI technology in fields such as mixed reality, mobility, city management, and healthcare. “There has been massive market demand for AI computing services, as the digitalisation of cities and enterprises expand, along with the accelerated development of the metaverse and autonomous driving,” said Huang. “We are committed to…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

Cybersecurity startup Securden raises $10.5 million

Securden Inc., a security startup based in the United States, raised $10.5 million in a Series A round headed by Tiger Global. Together Fund and Securden’s existing investor, Accel, also participated in the funding round. According to the startup, the funds will be used to scale research and development, as well as sales and marketing operations. The company also intends to extend its product offering and expand its team across all streams globally. Securden is an IT security startup based in Chennai, founded by Bala Venkatramani and Kumaran Balan. It…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

What is STEM Education and Why is it Important for Kids?

Innovations have become a part of human life in the current phase of technological development. Every now and then, we hear about new developments in various fields. We seldom see about educational developments and breakthroughs, especially in the early years of education. This is progressively causing a decline in learning ability, as traditional schooling focuses on rote learning rather than instilling a mindset. Researchers in the field of education have developed STEM education in response to this gap in learning. STEM education is a paradigm change in early learning that…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

The best AI, Big data conferences of 2022

Attending conferences on AI, big data, and machine learning allows you to learn about the most recent advancements and accomplishments in these technologies, which will likely take too long and effort to research and understand on your own. And you get it from keynote speakers who are experts in their fields—information that you can apply to your career. These events give you the opportunity to improve your skills in these areas while interacting with others who have similar interests and can help you in addressing challenges. On that end, FutureTech…

Share18
Tweet
Share
Pin
18 Shares
FutureTech 0

Accenture, IISc collaborate for research in cloud continuum

Accenture and the Indian Institute of Science (IISc) Bengaluru have collaborated to undertake research and development in cloud continuum and neuromorphic computing at a newly established Accenture Centre for Advanced Computing. Accenture and IISc will team up on research projects and develop intellectual properties and thought leadership in next-generation computing technologies that enable AI at the edge, such as cloud, edge, quantum, and neuromorphic computing, as well as sustainable software engineering, as part of this programme, according to Accenture. Govindan Rangarajan, Director, IISc Bengaluru, said: “The new Accenture Centre for…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

EPNS raises $10.1 million funding led by Jump Crypto, Tiger Global and others

Ethereum Push Notification Service (EPNS) has raised $10.1 million (approximately Rs 76 crore) in a token round, with an average valuation of $131 million. According to CoinMarketCap, EPNS’ native virtual asset token Push had a fully diluted market capitalization of $128 million at the time of writing this article. The EPNS team plans to use the funds to expand the notification protocol beyond the Ethereum ecosystem, starting with the Polygon network, improve products, and grow its workforce from 30 to 60 people. Its goal is to reach a million users. Tiger…

Share16
Tweet
Share
Pin
16 Shares
FutureTech 0

Google’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…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

Epic 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…

Share1
Tweet
Share
Pin
1 Shares
FutureTech 0

Flying taxi co eyes 2023 commercial prototype launch

The ePlane Company, a 2017 startup established at IIT-Madras, plans to build a commercial prototype of a flying taxi next year. The ePlane Company, founded by IIT-Madras professor Satya Chakravarthy and IIT alumni Pranjal Mehta, is developing a first prototype of an electric flying taxi called the e200 that it hopes to sell by 2024. The e200 is a two-seater plane with a maximum payload of 200 kilogrammes and a range of 200 kilometres. It can take off and land vertically. It features two propeller sets. One pair permits it…

Share4
Tweet
Share
Pin
4 Shares
FutureTech 0