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How to teach new skills to robots?

A warehouse robot pulls mugs off a shelf and places them into boxes for delivery as e-commerce orders flood in. Everything runs smoothly until the warehouse undergoes a change, requiring the robot to grasp taller, narrower mugs that are stored upside down. Reprogramming that robot involves hand-labeling thousands of images that show it how to grasp these new mugs, then training the system all over again. However, MIT researchers have developed a novel technique that would just take a few human demonstrations to reprogram the robot. This machine-learning method enables…

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An AI breakthrough in healthcare sector

LabGenius, an AI-driven scientific research firm, is using Graphcore’s IPUs (Intelligence Processing Units) to accelerate its drug discovery efforts. LabGenius is now working on developing new cancer and inflammatory disease medicines. For its potentially life-saving work, the company blends AI, lab automation, and synthetic biology. Until now, the company’s workloads were performed on standard GPUs. LabGenius claims that switching from Cirrascale Cloud Services to Graphcore’s IPUs in cloud instances lowered model training time from one month to around two weeks. “Previously we used GPUs and it took us about a…

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Why these Malaysian companies are on the road to robotics

Earlier this year, Malaysian Prime Minister, Datuk Seri Ismail Sabri Yaakob, announced that the country is working on a National Robotics Roadmap (NRR) to increase national productivity by utilising robotics technology. According to Ismail Sabri, the goal is to reduce reliance on foreign labour and reduce the flow of foreign cash. According to a Bernama report, the government’s roadmap is to increase robot usage from 55 units per 10,000 workers in 2019 to 195 units per 10,000 workers by 2030. In addition, a MyDigital Catalytic Initiatives Task Force will be…

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How to compete with robots?

When it comes to the future of intelligent robots, the first question people ask is often: how many jobs will they make disappear? Whatever the answer, the second question is likely to be: how can I make sure that my job is not among them? A team of EPFL roboticists and economists from the University of Lausanne just published a study in Science Robotics that answers both questions. They developed a method to calculate which of the already existing jobs are more likely to be performed by machines in the…

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SaaS startup Everstage raises $13M in a Series A round

Everstage, a software-as-a-service (SaaS) company based in Chennai and Delaware that offers a modern sales commission management platform, has raised $13 million in a Series A round headed by Elevation Capital and current investor 3one4 Capital. Everstage is a sales commission management platform that automates sales commission processes in companies to drive the performance of their customer executives. It was founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy. Everstage will use this amount of funding to extend its client services globally by growing its sales, engineering, and solutions teams….

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Indian startup ecosystem gains global recognition: Ashwini Vaishnaw

The Indian startup ecosystem has gained global recognition and respect, Minister for IT and Communications Ashwini Vaishnaw said on Thursday, exhorting the startups and entrepreneurs to develop inclusive new-age solutions to improve the lives of the poor and marginalized. The minister referred to startups as “accelerators,” saying that the combination of their multiplier effect and the strength of a trustworthy post office network may produce remarkable outcomes in terms of financial inclusion goals. “Understand the gravity of the convergence of humanity and technology…keep the bottom of the pyramid in mind…

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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…

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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…

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India’s aim is to become world’s largest startup destination: Piyush Goyal

India aspires to become the world’s largest startup ecosystem, Commerce and Industry Minister Piyush Goyal said. Addressing a session on “Gateway to Growth – Roundtable on Indian Startup Ecosystem” in Abu Dhabi, he said: “Today we are the third largest startup ecosystem, but our aspiration is to be the world’s number one startup destination,” as per an official statement. “The startup bug has caught India’s imagination. The entire innovation ecosystem that the startup industry represents is giving a new direction, new momentum to India,” he said, as per the Commerce…

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Artificial Intelligence Could Be Used for Early Resolution of Matters: NCLT President

New age technology like as Artificial Intelligence (AI) could be employed for early resolution of situations, including insolvency proceedings According to National Company Law Tribunal President Justice Ramalingam Sudhakar, According to a statement released by NCLT, Justice Sudhakar noted that AI can be employed in case of resolution, particularly in the admission of cases, while speaking at a national-level colloquium of the NCLT. “One aspect for early resolution is the development of Artificial Intelligence technology, he said.We are focusing on leveraging artificial intelligence and standardisation of processes. This will help…

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