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UST announces ‘strategic investment’ in Israeli health-tech start-up

UST, a leading provider of digital transformation solutions, has announced a strategic investment in Well-Beat, an Israeli start-up focused on patient-centered behavioral artificial intelligence (AI). This will hasten UST’s adoption of emerging tech solutions in healthcare and the transformation of lives through the power of technology, according to a company spokesperson. UST and Well-Beat collaborated to develop a digital patient engagement Software as a Service (SaaS) solution that dynamically adapts to each patient over time, provides personalized conversational guidelines to clinicians, provides customized prompts shaped by the patient profile, and…

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Vodafone and Google launch AI Booster platform

Vodafone and Google launched a new AI Booster platform that aims to handle thousands of ML models per day across 18+ countries. AI Booster is the result of 18 months of development and is based on Google’s Vertex AI platform, as well as Vodafone’s Neuron platform. When Vodafone began working on AI Booster, Vertex AI, among other Google technologies, had not yet been officially announced. Cornelia Schaurecker, Vodafone’s Global Group Director for Big Data & AI, stated: “To maximise business value at pace and scale, our vision was to enable fast…

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Ecosystem Being Created to Make Social Media More Accountable: Union IT Minister Ashwini Vaishnaw

Union IT minister Ashwini Vaishnaw on Tuesday called social media a “very powerful medium,” adding that how to hold it accountable is a “very valid question” and that an ecosystem is being built around the world, and also in India. According to the Union Minister of Railways, Communication, and Electronics and Information Technology, self-regulation is the first step toward holding social media accountable, followed by industry regulation and then government regulations. “Social media is a very powerful medium. Social media has a big influence on our lives. How to make…

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Google launches Startup School India for early-stage products

Google has launched Startup School India, a Google for Startups initiative designed to organize startup knowledge into a structured curriculum and deliver it across a broad footprint. The nine-week virtual program will include fireside chats with Google leaders and collaborators from the startup ecosystem, including fintech, direct-to-consumer (D2C), B2B and B2C e-commerce, language, social media & networking, and job search. The curriculum will include instructional modules on topics such as developing an effective product strategy, diving deep into product user value, road mapping and PRD development, developing apps for the…

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Designing next generation analog chipsets for AI applications

The Indian Institute of Science (IISc) has developed a design framework for next-generation analog computing chipsets that could be quicker and use less power than the digital chips found in most electronic gadgets. The team developed a prototype of an analog chipset dubbed ARYABHAT-1 using their new design methodology (Analog Reconfigurable Technology And Bias-scalable Hardware for AI Tasks). This type of chipset is very useful for AI-based applications such as object or speech recognition (think Alexa or Siri) or those that demand enormous parallel computing operations at fast speeds. Since…

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AI-powered app to boost smartphone batteries

A cutting-edge AI invention will be disclosed to technology titans, with the potential to increase smartphone battery life by 30% and save countless kilowatts on energy expenses. The groundbreaking work produced by the University of Essex has been included in an app called EOptomizer, which will be exhibited to specialist researchers and designers, as well as large manufacturing businesses such as Nokia and Huawei. It is hoped that the EOptomizer app would be used across the industry and help reduce carbon emissions by extending the life of consumer items. It…

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Breaking AIs to make them better

Today’s artificial intelligence systems for image recognition are incredibly powerful, with enormous commercial potential. Nonetheless, current artificial neural networks (the deep learning algorithms that power image recognition) have a major flaw: they are easily broken by images that have been slightly modified. This lack of ‘robustness’ is a significant barrier for researchers attempting to develop better AIs. However, the exact cause of this phenomenon, as well as the underlying mechanisms, are largely unknown. Researchers at Kyushu University‘s Faculty of Information Science and Electrical Engineering published in PLOS ONE a method…

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AI adoption to add $500 billion to India’s GDP by 2025

An integrated adoption of artificial intelligence (AI) and data utilization strategy can add $500 billion to India’s GDP by 2025, suggests a report by the National Association of Software and Services Companies (NASSCOM) The IT industry association launched the ‘AI Adoption Index‘ for India, which assesses AI adoption trends in four important sectors: banking and finance, consumer products and retail, healthcare, and industrial and automotive. These industries might account for roughly 60% of AI’s potential value addition of $450-500 billion to the country’s GDP by 2025. “AI’s ability to transition…

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Iron Pillar to raise $400 million to empower Indian tech startups

Iron Pillar, a leading investment company that supports Indian digital entrepreneurs, is reportedly raising around $400 million to assist enhance the country’s startup ecosystem, according to media reports on Monday. Iron Pillar provides growth finance to Indian entrepreneurs looking to expand globally. According to insiders, the VC firm is in advanced talks with limited partners (LPs) to raise approximately $400 million in its second fund. FreshToHome, Uniphore, Curefoods, and other firms are among those in the VC firm’s portfolio. According to a recent Iron Pillar assessment, India is on track…

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IRS expands voice bot options for faster service

The Internal Revenue Service of the United States has increased its voice bot options to assist eligible taxpayers in swiftly verifying their identity in order to set up or alter a payment plan while avoiding excessive wait times. “This is part of a wider effort at the IRS to help improve the experience of taxpayers,” said IRS commissioner Chuck Rettig. “We continue to look for ways to better assist taxpayers, and that includes helping people avoid waiting on hold or having to make a second phone call to get what…

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