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Innovation

FT exclusive : Top AI predictions in 2022

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…

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…

Why 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…

Tech 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…

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…

Where Are The Drone Delivery Startups Now?

We heard about various drone startups talking about bringing a revolution in delivering medicines, vaccines, and groceries when the struggle against Covid-19 was in full swing last year. Drone delivery startups have made headlines in India, with claims that they are the next big thing. Swiggy to lead India’s drone delivery revolution and how easy food delivery apps can ‘fly’ steaming hot pasta to your balcony practically flooded our social media feeds. However, whenever there is a situation where drone delivery may make a real impact, these firms are nowhere…

Deepfake faces are even more trustworthy than real people, study warns

Fake faces made by artificial intelligence appear more trustworthy to humans than genuine people. Artificial intelligence and deep learning — an algorithmic learning process used to educate computers – are utilised to create a human who appears authentic, a technology known as a ‘deepfake.’ Participants were asked to classify faces created by the StyleGAN2 algorithm as authentic or artificial in an experiment. The participants’ success percentage was 48%, which was somewhat lower than flipping a coin. Participants were trained on how to spot deepfakes using the same data set in…

Centre Preparing New Data Governance Framework for More Efficient Exchange Among Govt Agencies

The central government is planning to develop a new data governance framework to allow for the flow of enormous volumes of data between government departments, a strategy that would improve governance efficiency, transparency, and accountability. The draught national data governance framework and policy will establish protocols and standards for how government entities process, store, and disseminate data within the larger government ecosystem. According to reports, Minister of State (MoS) for Electronics and Information Technology Rajeev Chandrasekhar said: “As we are increasing the digitisation of government, we need to create a…

Fortnite maker Epic Games and Lego partner to build a metaverse for kids

Another big coalition for a new metaverse, this time for children, has been announced. Epic Games, the company behind the popular battle royale game Fortnite, has teamed up with the Lego Group to create “an immersive, creatively stimulating, and engaging digital experience” for children. The companies hope to create a safe environment for children of all ages to refine their creative skills while also providing opportunity for play. Epic Games revealed the long-term agreement in a recent blog post. The new platform, which will be developed in collaboration with The…

China uses AI software to improve its surveillance capabilities

A Dozens of Chinese companies have developed software that employs artificial intelligence to classify data collected on residents, in response to heavy demand from authorities looking to update their surveillance tools according to a Reuters investigation of official papers. According to Reuters’ review of more than 50 publicly available documents, dozens of Chinese businesses have purchased “one person, one file” software in the last four years. The technology improves on previous software that just collects data and then leaves it up to individuals to organise it. “The system has the…