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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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…
Read MoreEuropean 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…
Read MoreGAISA 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,…
Read MoreUkraine 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…
Read MoreIISc-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…
Read MoreAICRA 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…
Read MoreDarktrace adds 70 ML models to its AI cybersecurity platform
Darktrace has added 70 new machine learning models and over 80 new features to its flagship AI cybersecurity platform. The Cambridge-based company, which utilises self-learning AI to safeguard businesses across various industries, was created in 2013 by mathematicians and cyber defence professionals. As part of Darktrace’s Antigena autonomous response technology, machine learning is utilised to make thousands of “micro-level” decisions in the background. Antigena has been enhanced with 70 new machine learning models to boost its ability to neutralise threats automatically in real time. “The hallmark of a great AI…
Read MoreMicrosoft acquires Nuance to usher in ‘new era of outcomes-based AI’
Nuance, the company behind Siri’s backend, has been acquired by Microsoft in a massive deal that the company claims would usher in a “new age of outcomes-based AI.” “Completion of this significant and strategic acquisition brings together Nuance’s best-in-class conversational AI and ambient intelligence with Microsoft’s secure and trusted industry cloud offerings,” said Scott Guthrie, Executive Vice President of the Cloud + AI Group at Microsoft. “This powerful combination will help providers offer more affordable, effective, and accessible healthcare, and help organisations in every industry create more personalised and meaningful…
Read MoreResearchers develop hybrid human-machine framework for building smarter AI
Artificial intelligence underpins many areas of daily life, from chatbots that answer tax questions to algorithms that operate autonomous vehicles and provide medical diagnostics. According to experts at the University of California, Irvine, creating smarter, more accurate systems necessitates a mixed human-machine approach. They describe a new mathematical model that can increase performance by integrating human and computational predictions and confidence scores in a paper published this month in Proceedings of the National Academy of Sciences. “Humans and machine algorithms have complementary strengths and weaknesses. Each uses different sources of…
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