Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 20 August

By AiT Analyst On Aug 20, 2022

This is our AI Daily Roundup today. 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.

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Medical Transcribers Must Eschew AI to Save Lives, Says Alphabet Transcription Services Founder

Herts-based Alphabet Transcription Specialists are bucking the trend of AI-driven transcription processes to ensure life-saving accuracy for their clients in the healthcare industry. With 25 years in the transcription industry, serving both pharmaceutical and medical clients, Alphabet founder Denise Elsdon sounds the alarm against transcription services that have switched to AI-generated transcription, particularly in the healthcare sector. She states, “What many healthcare providers don’t realize is how bad the AI software is at producing accurate transcripts. Unfortunately, lots of AI software companies are offering this service and transcription companies are jumping on the bandwagon. And, when you pair these inaccuracies with people whose native language isn’t English, it’s a minefield.”

Silverback United, Closes $14 Million Acquisition of Market Leader in Data Driven Recruitment Software

Silverback United, announced the acquisition of UK based Headstart AI, Inc. in an all-stock transaction. The acquisition will be immediately accretive and will accelerate its strategy for the assetization of data on a global basis. Headstart.io will remain an independent wholly owned subsidiary of Silverback and will continue to be headquartered in London, UK. Spear Point Advisors, LLC (“Spear Point”) served as Silverback’s exclusive financial advisor for the transaction.

IonQ, Airbus Sign Agreement to Collaborate on Aircraft Loading Project using Quantum Computing

IonQ an industry leader in quantum computing,announced a collaboration with Airbus to explore the potential application and benefits of quantum computing for aerospace services and passenger experiences. The Quantum Aircraft Loading Optimization & Quantum Machine Learning project will be a 12-month project that culminates in the development of a prototype aircraft-loading quantum application, hands-on collaboration and coaching sessions for Airbus developers and engineers, and an exploration of future integrations of quantum computers for Airbus and its customers.

Artificial Intelligence Company Elemental Cognition To Accelerate Cancer Drug Development In Partnership With Penn Brain Tumor Center

Elemental Cognition (EC) launched a sponsored research partnership with the Penn Brain Tumor Center to accelerate therapeutic drug development with the aim of embedding EC’s Collaborative Research Assistant (CORA) into the preclinical research pipeline.

RWS and WAND, Announce New Partnership

WAND,announced a new partnership with RWS. This partnership will blend Tridion, RWS’s world-leading content technology, with WAND, Inc.’s prebuilt taxonomies to accelerate client time to delivery. “The combination of WAND Taxonomies and RWS’s Semantic Artificial Intelligence offering dramatically reduces the time it takes to get a successful process up and running,” says Ross Leher, CEO at WAND, Inc. “The barriers of creating a taxonomy from scratch — things which have previously caused significant delays to enterprise-wide content management projects — have been eliminated.”

artificial intelligence (AI)Fintech IonQ machine learning robotic process automation Silverback United