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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IISc-backed ARTPARK to launch $100 million venture fund to invest in AI, robotics startups

The Indian Institute of Science (IISc) – Bengaluru’s AI & Robotics Technology Park (ARTPARK) has announced the launch of a $100 million venture fund. The Securities Exchange Board of India (SEBI) has given ARTPARK permission to launch the fund. According to Umakant Soni, the CEO of ARTPARK, the venture fund will be formally launched by the end of this month, pending SEBI approval, and fund deployment will likely begin in May or June. Soni said the venture fund size of investments will be in the range of $1 million to…

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AICRA hosts 3rd edition of GAISA to boost AI adoption in India

In a bid to accelerate AI adoption in India, The All-India Council for robotics and automation will host the third edition of the Global Artificial intelligence summit and awards(GAISA) from the 14th and 15th of September 2022 at Vigyan Bhawan, New Delhi. The summit is a Global AI event that comprises insightful and innovative presentations, panels and round-table discussions, keynote sessions by experts, and an exhibition of new products and services related to artificial intelligence. The event also sets the platform for honouring exemplary work of the institutions, organizations, and…

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DeepMind co-founder Mustafa Suleyman launches new AI venture

DeepMind co-founder Mustafa Suleyman has joined two other high-profile industry figures in launching a new venture called Inflection AI. LinkedIn co-founder Reid Hoffman is joining Suleyman on the venture. “Reid and I are excited to announce that we are co-founding a new company, Inflection AI,” wrote Suleyman in a statement. “Inflection will be an AI-first consumer products company, incubated at Greylock, with all the advantages and expertise that come from being part of one of the most storied venture capital firms in the world.” Dr Karén Simonyan, another former DeepMind…

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