FT EXCLUSIVE : Four major impacts of AI in healthcare

Artificial intelligence is on the verge of revolutionizing medical technology.  The potential for AI to deliver more accurate, efficient, and effective therapies at precisely the right time in a patient’s care is essentially endless in nearly every aspect of treatment, from chronic diseases and cancer to radiography and risk assessment. Artificial intelligence is set to be the engine pushing innovations throughout the continuum of care as the amount of available data continues to expand at an alarming rate. The advantages of AI over traditional analytics and clinical decision-making methodologies are…

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India to develop its own mobile OS like Android and iOS, says Union Minister

If you have a smartphone, it is likely that it runs on Android or iOS. In the smartphone software ecosystem, there is a duopoly between Google and Apple, which not only other firms, such as Microsoft but also governments of many nations have pushed to break. The Indian government is considering developing its own mobile operating system in order to compete with both Google and Apple. As per Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, the government intends to build an environment for the development of an alternative…

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AI-driven tech startup Logically raises $24M in funding to fight against misleading online information

London-based Logically.ai, an AI-driven firm that fights harmful and misleading online material, has secured $24 million (about Rs 182 crore) in a fundraising round to expand its capabilities and accelerate expansion in its three core markets of the United States, the United Kingdom, and India. Vitruvian Partners led the latest round, which included Amazon Alexa Fund, as well as current seed investors XTX Ventures and Mercia Asset Management Plc’s Northern Powerhouse Investment Fund (NPIF). In crucial areas such as election integrity, public health, and national security, Logically said it will…

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European AI Project Hopes to Develop Precision Medicine for ALS

Precision ALS, an ambitious Irish research initiative, will integrate clinical research, data science, and artificial intelligence (AI) to discover the numerous — and potentially targetable — elements that contribute to the development and progression of amyotrophic lateral sclerosis (ALS). Instead of a one-size-fits-all strategy, the idea is to use this information to decide which treatments will work for each patient. “Despite significant advances in pre-clinical models that help us understand the biology of disease in animals, the success of clinical trials has been disappointing,” Orla Hardiman, MD, the project’s director…

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IIT Madras Incubation Cell and RBI Innovation Hub sign MoU to develop ecosystem for fintech startups

IIT Madras Incubation Cell (IITMIC) and RBI Innovation Hub (RBIH), a wholly owned subsidiary of the Reserve Bank of India, inked a Memorandum of Understanding (MoU) on Wednesday to collaborate in establishing the ecosystem needed to support and expand fintech businesses in India. The two organisations will collaborate to give early-stage entrepreneurs with unique and disruptive ideas with incubation support and speed their scale-up journey. “The startup ecosystem in India makes a significant contribution to the economic prosperity of the nation. Through such incubation partnerships we intend to build a…

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GAISA 2022 to focus on the power of AI in different sectors

The third edition of the Global Artificial Intelligence summit and awards to raise the curtains on the 14th and 15th of September 2022 with a comprehensive focus on the strategic and tactical benefits of artificial intelligence in various sectors such as healthcare, education, agriculture, smart cities, and transportation. Organized by the All India Council for robotics and automation(AICRA), the GAISA summit is an annual event dedicated to addressing the innovations that happened in the field of artificial intelligence. This season, the summit will bring together international and regional decision-makers, experts,…

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AI will reveal hidden secrets of ancient civilisations

The Sumerian language spawned the earliest form of writing around 5000 years ago in Mesopotamia (modern-day Iraq). However, time has taken its toll on these early writings, inscriptions, and instructions. Historians have long been concerned about the disappearance of manuscripts that could provide insight into ancient civilisation’s life and culture; Artificial Intelligence has now come to their rescue. The first deep neural network, named after Ithaca, a Greek island in Homer’s Odyssey, will aid in not only reconstructing the lost text of damaged inscriptions, but also identifying their original location…

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Skye Air Mobility, Redcliffe Labs to begin drone deliveries in April

Skye Air Mobility, an Indian drone delivery and logistics firm, plans to launch its first commercial drone delivery project at scale in April, in collaboration with Redcliffe Labs, an Indian diagnostics service provider. While the two businesses are working on a commercial pilot project, Ankit Kumar, CEO of Skye Air, claimed the future initiative will be the first commercial drone delivery project beyond the testing phase. Kumar also claimed that the partnership with Redcliffe Labs is the first at this scale in India. “We will begin with select districts, and…

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Microsoft is reportedly testing ads in Windows 11 File Explorer

Microsoft is reportedly testing advertisements in the Windows 11 File Explorer, which might be one of Windows users’ worst nightmares. This was identified in the most recent Windows 11 “Insider” release, which is available for everyone to test. On Twitter, a user noticed a promotion for Editor, a closed-source grammar-checking application developed by Microsoft. It is available in both free and paid versions, making its inclusion in the File Explorer even more aggravating. The advertisement notification appears directly below the address bar, above the files and folders list. The advertisement…

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Ukraine harnesses Clearview AI to uncover assailants and identify the fallen

Ukraine is using facial recognition software from Clearview AI to track down Russian assailants and identify Ukrainians who have perished in the conflict. Hoan Ton-That, the company’s CEO, told Reuters that Ukraine’s defence ministry started using the software on Saturday. Clearview The facial recognition system developed by AI is divisive, but undeniably powerful, as it uses billions of images scraped from the internet to identify just about anyone. Clearview, according to Ton-That, has over two billion iumages from Russian social media service VKontakte alone. According to Reuters, Ton-That wrote to…

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