AI Increases innovation rate by 2021

AI Increases innovation rate by 2021

AI Increases innovation rate by 2021   According to a Microsoft -IDC study by 2021, Artificial Intelligence double the rate of innovation at organizations and employee productivity in India, it’s been estimated that while 77% of business polling  leaders agreed that AI is instrumental for their organization’s competitiveness, only one-third of organizations in India have embarked on their AI journeys. As per the study: future business for Assessing Asia Pacific’s Growth Potential through AI’ underscores that those companies that have adopted AI expect it to increase their competitiveness by 2.3 times in 2021. Previously, organizations have adopted AI as tangible improvements in those…

AI powered by a robotic platform automates molecule manufacture

AI powered by a robotic platform automates molecule manufacture

AI powered by a robotic platform automates molecule manufacture   Automating the production of small molecules that could be used in medicine using Artificial intelligence and powered by a robotic platform helps in solar energy, and polymer chemistry. This system is developed by MIT researchers. Artificial intelligence accompanied by software suggests a route for synthesizing a molecule, then expert chemists review this route and refine it into a chemical “recipe,” and finally this mixture sent to a robotic platform that automatically assembles the hardware and performs the reactions that build the molecule. Researches have been working for more than three…

Intel discloses its first AI chip Springhill

Intel discloses its first AI chip Springhill

Intel discloses its first AI chip Springhill   Intel this week launched an artificial intelligence processor called Nervana NNP-I or ‘Spring Hill’ this, latest processor that will be its first using artificial intelligence (AI) and is designed for large computing centers. Intel said that, it is based on processor that will allow it to cope with high workloads using minimal amounts of energy; it also said that this processor also offers programmability with high intensity without compromising on performance to power efficiency. It’s been renowned that Facebook is already using this product. Naveen Rao, general manager of Intel’s artificial intelligence products group…

AI-driven deep tech content startup raises $500K from Venture Catalysts

AI-driven deep tech content startup raises $500K from Venture Catalysts

AI-driven deep tech content startup raises $500K from Venture Catalysts     AI-driven deep tech content startup, which helps brands predict the emotional impact of their content upon their customers’ minds, has raised $500,000 in seed round from Venture Catalysts.-Bengaluru based Dr Apoorv Ranjan Sharma, President and Co-Founder, Venture Catalysts, said, “With a total addressable market size of $300 billion, the deep tech market for content, in particular, holds great potential. We have faith in the ability of Instoried’s highly-accurate tool to disrupt and lead the market with their unique approach of targeting and catering to specific customer emotions.” AI-driven deep tech tool is currently…

silicon valley startup invents AI chip

silicon valley startup invents AI chip

silicon valley startup invents AI chip   Have you ever seen a gaint computer chip, here comes Silicon Valley startup, Cerebras, is challenging that notion. Usually latest iPhones and iPads chip is smaller than a fingernail, whereas silicon monster is almost 22 centimeters—roughly 9 inches—on each side, making it likely the largest computer chip ever. Cerebras plans to offer it to tech companies trying to build smarter AI more quickly. According to engineers, it is believed that chip can be used in giant data centers and help accelerate the progress of artificial intelligence.   How it works? Artificial Intelligence systems built…

TCS Targeting $100m revenue by FY19 from their AI platform Ignio

TCS Targeting $100m revenue by FY19 from their AI platform Ignio

TCS Targeting $100m revenue by FY19 from their AI platform Ignio   India’s largest IT services company Bengaluru: TCS’ artificial intelligence platform Ignio has crossed $60 million in annual revenue and is targeting towards $100million by this FY19. By doubling down on the product strategy it has created for the unit, the company’s top executives said. Ignio started its operations, five years ago that was closely integrated and sold with the company’s services offerings but two years ago, TCS began to take it down a product path. The company hired a chief marketing officer and an analyst relations head to…

Recent Upgradations in Medical AI

Recent Upgradations in Medical AI

Recent Upgradations in Medical AI Artificial intelligence research within medicine is expanding rapidly. Healthcare AI projects attracted more investment in 2016 than AI projects within any other sector of the global economy. The last couple of years have seen ideas for applied AI in healthcare emerges and deployed as well. The research has moved from paper to the patient. Traditionally, statistical methods have approached this task by characterizing patterns within data as mathematical equations, While the former is directed towards gaining knowledge about what happens at the cellular level, the latter deals with how to make technology more accessible with…

Ola acquires Bengaluru- based AI startup pickup.AI

Ola acquires Bengaluru- based AI startup pickup.AI

Ola acquires Bengaluru- based AI startup pickup.AI   Ride-hailing service Ola publishes the acquisition of ‘Pikup.ai’, an artificial intelligence (AI) start-up based out of Bengaluru, as part of the deal, the team at Pikup.ai will join Ola. Ola is been world’s most admired mobility platforms and has pioneered many innovations in mobility and beyond in such a short span of time. Ola is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions for India and the world. Pikup.ai uses autonomous technologies like AI, computer vision and sensor fusion to provides seamless AI-powered solutions for businesses….

Machine learning algorithms for Healthcare industry

Machine learning algorithms for Healthcare industry

Machine learning algorithms for Healthcare industry As per the changing technology, AI has been in to many sectors. One of them is Health care sector, where human physicians can be replaced by AI. By improving technology there is more scope of innovations in the field of health care department. Where the treatment is designed in such a way that the individual feels lesser pain and more comfort. Hence risk assessment plays a major role in the Field of AI. AI helps the physician to provide up to date medical information through journals, textbooks for proper patient care… AI can extract…

How AI Is Changing the Real Estate Industry

How AI Is Changing the Real Estate Industry

How AI Is Changing the Real Estate Industry   Now, the technology of Artificial Intelligence isn’t limited only to tech titans and huge corporations. Businesses from industries like healthcare, medicine, finance, security, and e-commerce too are taking AI as a valuable asset. Also, small and medium-level businesses are able to afford AI based implementations. Among several businesses showing interest in AI, the technology appears less worthwhile to do any good to the real estate industry. Artificial Intelligence and real estate might not seem like a good fit at first. But though, it does. Here it is how AI can or…

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