Month: May 2024

Artificial intelligence has quickly become a critical technology and India is investing significant resources in it. Several governmental departments are engaged in multi-stakeholder initiatives to develop use cases for the tech, especially across healthcare and labor sectors. As AI continues to grow and change, here are some companies in Ahmedabad that are already using the tech in creative ways.  Top AI Companies in Ahmedabad to Know Nettyfy Technologies Prescinto Prepseed Yaraa AI MindInventory Top AI Companies in Ahmedabad Nettyfy Technologies is one of Ahmedabad’s larger AI companies. It specializes in tailored…

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HEALWELL AI Inc. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, May 06, 2024 (GLOBE NEWSWIRE) — HEALWELL AI INC. (“HEALWELL” or the “Company”) (TSX: AIDX) is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. (“Clarus”) and Eight Capital Corp. (“Eight”), as Co-Bookrunners and Co-Lead Underwriters (the “Co-Lead Underwriters”), on behalf of a syndicate of underwriters (collectively, the “Underwriters”), to increase the size of its previously announced C$16,000,065 “bought deal” offering. Pursuant to the upsized…

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What constitutes an AI risk – and how should the C-suite manage it? | Insurance Business America Risk Management News What constitutes an AI risk – and how should the C-suite manage it? “Potential can be harnessed” with the right moves Risk Management News By Kenneth Araullo May 06, 2024 Share As artificial intelligence (AI) becomes increasingly integrated into corporate operations, it introduces a complex array of risks that require meticulous management. These risks range from potential regulatory infractions and cybersecurity vulnerabilities to ethical dilemmas and privacy concerns. Given the…

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Last week, the Department of Homeland Security announced the creation of an Artificial Intelligence Safety and Security Board tasked with advising its secretary on the “secure development and deployment of AI technology in our nation’s critical infrastructure.” Staffed with top AI leaders and industry CEOs, this new board will no doubt command both attention and authority. That leads to an important question: Where does it begin, and which priorities should lead its high-impact efforts? This board and its work could have wide-reaching AI policy impact, so getting things right is essential.…

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Credit: Pixabay/CC0 Public Domain AI expert Professor Kevin Wong from Murdoch University’s School of Information Technology says in order to deal with the problem of cultural biases in AI, it’s important to understand the fundamentals of different AI techniques. “Machine Learning techniques, including Generative AI, require a huge amount of ‘representative’ data to train the complex system,” Dr. Wong said. “Data-driven machine learning techniques rely on the data to establish the intelligence of the system—which means bias can occur when the data used is not comprehensive enough, or there is…

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Nvidia’s run at the top of the AI trend may be coming to an end, and smart money is pouring into these 2 AI winners. The last 18 months have been very good for Nvidia (NVDA 3.77%). The exploding demand for artificial intelligence (AI) applications since the launch of ChatGPT has pushed big tech companies to snap up Nvidia’s GPUs as fast as it can make them. That’s led to a huge rise in revenue and earnings for the chipmaker, and a commensurate increase in Nvidia’s stock price. Shares are…

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Dimension Market Research The Global AI Data Management Market is expected to significantly expand, driven by growing data volumes, higher regulatory demands, and a rising emphasis on data-driven decision-making. Trends like automated governance, federated learning, explainable AI, and edge computing integration will shape the market, driving innovation & adoption across industries. New York, May 06, 2024 (GLOBE NEWSWIRE) — Overview The Global AI Data Management Market size is expected to reach USD 34.7 billion by 2024 and is further anticipated to reach USD 260.3 billion by 2033 according to Dimension…

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Spike Lee credits Steven Spielberg for having a “crystal ball” when it comes to the dangers of artificial intelligence. During an interview alongside actor Giancarlo Esposito for The Hollywood Reporter, Lee pointed to Spielberg’s 2001 film “A.I. Artificial Intelligence.” Stanley Kubrick had been developing the sci-fi feature for two decades before Spielberg took over writing and directing after Kubrick’s death. According to Lee, Spielberg’s film was one of the first mainstream portrayals of artificial intelligence, and served as an early warning for what the world is facing now in 2024. “The danger…

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Real-time Inference Leader Joins Elite Group Offering U.S.-based Researchers and Educators Access to Cutting-edge AI Technologies, Powering Responsible AI Innovation  MOUNTAIN VIEW, Calif., May 6, 2024 /PRNewswire/ — Groq®, the leader in real-time AI inference, announced its participation in the National Artificial Intelligence Research Resource (NAIRR) Pilot today. The Pilot, a U.S. National Science Foundation-led program, marks the first step towards creating a shared national research infrastructure to connect U.S. researchers and educators to responsible and trustworthy AI research resources. In collaboration with 13 federal agencies and 25 private sector, nonprofit,…

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(NewsDakota.com) — Submitted by Lucy Wyndham — The artificial intelligence (AI) market is projected to reach an impressive $407 billion by 2027 — a prediction that demonstrates substantial growth from its estimated $86.9 billion revenue in 2022. AI has established a strong presence over the past few years and has brought significant advantages to more than a few industries from improving consumer experiences to efficiently lightening workloads. In North Dakota, AI is already taking hold in several ways, all the while bringing to light both the opportunities and threats. Advantages…

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