Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 13th July 2023
This is our AI Daily Roundup . We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.
IBM watsonx Now Available for Enterprise AI Stacks
Generative AI has emerged as one of the biggest technology catalyst in the post-pandemic era. It is already considered as the next frontier in workforce productivity and business optimization. As businesses scramble to set up their infrastructure to accommodate generative AI technologies, it is left to be seen how CIOs and CISOs actually answer all the prevailing questions linked to AI’s accountability and trustworthiness. A lack of AI governance could derail the train of innovations coming at the back of recent developments. A recent report cites the economic impact of generative AI on the society — within a year, generative AI capabilities could add up to $4 trillion to the global economy. This is more than the total annual GDP of the UK. And, this is not going to stop– each year, AI’s impact on the global impact would increase by 15 to 40 percent depending on the specific industrial use cases. To compete in the overtly aggressive marketplace, new businesses would need a technology partner that can assist generative AI technology stack development at an enterprise level. IBM has positioned its new capabilities to meet these requirements.
Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols, announced a $3 million pre-seed round led by CoinFund, a leading cryptonative investment firm and registered investment adviser, with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi and Julien Bouteloup, among others. Funding will go towards the launch of Giza’s platform, which will support web3 and AI developers to integrate machine learning into smart contracts and decentralized protocols.
LegitScript Acquires Fluxguard, the Leader in AI-Powered Website Change Detection
LegitScript, the leader in merchant and product certification and monitoring in the advertising, e-commerce, and payment sectors, announced it has acquired Fluxguard, the leader in AI-powered website change detection and monitoring for global risk and compliance teams.
EverythingALS and CureALS Join Forces to Discover a Cure for ALS
EverythingALS and CureALS, two prominent organizations dedicated to finding a cure for Amyotrophic Lateral Sclerosis (ALS) and Frontotemporal Dementia (FTD), are thrilled to announce their merger and unified operations on the EverythingALS platform. This groundbreaking collaboration combines the expertise, resources, and strategic plans of both organizations and solidifies our commitment to caring for people with ALS, researcher support, public/private partnership, data innovation and the use of artificial intelligence (AI) technology to drive citizen-driven research with open innovation as the core of the program.
Paige, a global leader in end-to-end digital pathology solutions and clinical artificial intelligence (AI) applications for diagnosing cancer, and University of Florida College of Medicine – Jacksonville announced the Department of Pathology and Laboratory Medicine’s decision to adopt Paige’s full portfolio of AI offerings for their lab, including the Paige Prostate Suite and Paige Breast Suite. Powered by the Paige Platform, which offers advanced whole-slide image viewing, seamless integration of Paige and third-party AI, and deep collaboration with industry-leading scanner and LIS vendors, these AI applications support pathologists in the difficult decisions they make every day, offering them greater clinical confidence and supporting them in delivering precision cancer diagnosis.
Wipro Launches Wipro ai360, Commits to Investing $1 Billion in AI Over the Next Three Years
Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, the company also committed to making a $1 billion investment in advancing AI capabilities over the next three years.
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