Daily AI Roundup: The 5 Coolest Things On Earth Today

AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence, Machine Learning, Robotic Process Automation, Fintech and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.

LARUS Announces Successful Implementation of Explainable Graph AI Technology for Detection of Insurance Fraud

LARUS Business Automation announced the results of the application of the LARUS Galileo Graph Explainable Artificial Intelligence (GXAI) platform powered by Fujitsu Deep Tensor Technology at a large insurance company in Italy. Based on the preliminary results, the fraud detection rate improved from 18% to 81% while the number of false positives decreased from 82% to 19% over traditional rules-based approaches. A demonstration of this solution will be shown at the AI and Big Data Expo Conference being held on March 17 and 18, 2021.

CyGlass and Ingram Micro Cloud Join Forces to Address Growing Cybersecurity Market in Australia and New Zealand

Ingram Micro Inc. the world’s leading global technology provider and distributor, and CyGlass, a SaaS-based network security and compliance company have formed a strategic partnership in response to Australia and New Zealand’s growing demand for cybersecurity services. CyGlass Network Defense as a Service (NDaaS) will give small and medium organizations in ANZ advanced cyber security technology able to baseline IT activity and detect anomalies. CyGlass helps organizations see risks, stop attacks and prove compliance.

CryptoBigfoot NFT Crypto Art Collection Launched on Opensea Ethereum Blockchain

A new NFT art collection called CryptoBigfoot has been launched. The artwork is available at OpenSea which is the first and largest marketplace for user-owned digital goods. The collection captures the elusive mystery of Bigfoot in one-of-a-kind hand-made NFT crypto art. CryptoBigfoot was created by enigmatic artist danosongs whose content is used in thousands of videos, podcasts, games, and apps. Since the collection’s inception each work has sold within a few hours of listing. Many works already have bids for secondary sales. New pieces are released several times a week.

MākuSafe Announces Wearable Tech Upgrades for Contact Tracing and Industry 4.0 Automation Integrations

MākuSafe recently released two updates which will have a significant impact for industrial organizations who need effective contact tracing and for those seeking industry 4.0 automation capabilities. MākuSafe is the leading connected worker technology; combining a safety focus with the ability to digitally connect workers to smart machines, smart buildings and other factory automation technology. The first of these enhancements is built around MākuSafe’s RāngeView technology, which allows a wearable device on the arm of a worker to detect proximity to other wearables, as well as other IIoT devices. This enables accurate contact tracing, and also opens up a range of possibilities for integrating the connected worker with a smart factory. MākuSafe wearables are now speaking to IoT enabled equipment, providing a significant opportunity for improved productivity. The company is now beginning to help clients control access to restricted spaces or machinery based on who’s wearable device is present.

ABBYY Announces Reimagine Global Conference to Empower Enterprises to Transform their Business with Digital Intelligence

ABBYY announced that it will host its ABBYY Reimagine conference that will push leaders’ conventional understanding of intelligent automation and offer new strategies that will take their business to the next level. The virtual event is taking place March 23-24, 2021, and will feature industry experts, customer stories, and a reveal of the company’s latest innovations designed to revolutionize how artificial intelligence (AI) skills can be quickly democratized throughout the enterprise and in the hands of every knowledge worker to achieve greater business success.