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North American semiconductor manufacturing equipment industry posts $2.5 billion in billings

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North America-based manufacturers of semiconductor-making equipment posted $2.49 billion in billings worldwide in June 2018, according to industry association SEMI.

The $2.49 billion figure is calculated by SEMI on a “three-month average basis”, and is published in the Market Data Billings Report, published today by SEMI.

The billings figure is 8 percent lower than the final May 2018 level of $2.7 billion, and is 8.1 percent higher than the June 2017 billings level of $2.3 billion.  [Read more…] about North American semiconductor manufacturing equipment industry posts $2.5 billion in billings

Brain-computer interfaces: Devices to enable you to control robots with your thoughts

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OpenBCI has launched a new version of its brain-computer interface as well as new electrodes which connect to the device.

The device itself resembles a cycling helmet and measure brainwaves, or electroencephalogram data, to use the technical term.

The company also provides software and a biosensing board, all of which enable users to monitor the electrical activity of their brains.  [Read more…] about Brain-computer interfaces: Devices to enable you to control robots with your thoughts

You too can become a robot and live forever

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According to a futurologist, by 2050, humans will be able to integrate their brain or mind data into computers which can be encased in a humanoid robot and, thereby, live forever. 

Writing about “immortality” on his website, Dr ID Pearson talks about adding external computing capability to human brains.

This additional capability will keep increasing so that, “by around 2050, 99 per cent of your mind is running on external IT rather than in the meat-ware in your head”.  [Read more…] about You too can become a robot and live forever

Opinion: Do customers really want to talk to robots?

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By Anne de Kerckhove, CEO, Freespee

No matter which sector you are currently operating in, it’s more than likely that artificial intelligence will soon completely change the way you do business.

Consumer-facing organisations in the retail, energy, finance, insurance and automotive sectors are embracing automation – not just to keep up with competitors, but also to keep pace with increasing expectations.

However, with so much hype around AI in today’s media landscape, knowing the true value of what it can offer organisations – and how it can truly improve the customer experience – is increasingly difficult.  [Read more…] about Opinion: Do customers really want to talk to robots?

World’s fastest supercomputers: US takes the lead again in high-performance computing

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The US has again taken the lead in the global supercomputing sector because of a large investment by the Department of Energy, which made $260 million available to fund the development of the Summit supercomputer, located at the Oak Ridge National Laboratory.

According to the Top500.org, which measures these things, the Summit supercomputing system is capable of 122,300 teraflops a second.

A teraflop is a trillion floating point operations. A petaflop is 1,000 times a teraflop, or a quadrillion flops.  [Read more…] about World’s fastest supercomputers: US takes the lead again in high-performance computing

Artificial intelligence: The power and poise of deep learning

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There is so much talk about artificial intelligence that many people who aren’t even programmers understand some of the principles of the technology. 

At the very least, most people who have an interest in these subjects have very likely heard of two of the branches of AI, namely machine learning and deep learning.

But some people, like us, might not fully understand the difference between machine learning and deep learning.  [Read more…] about Artificial intelligence: The power and poise of deep learning

Hidden meanings: Using artificial intelligence to translate ancient texts

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The ancient world is full of mystery. Many mysteries, in fact. Many mysteries indeed. 

Who built the monolithic and megalithic structures found all over the world? Why did they build them? How did they build them? What technology did they use?

And perhaps most importantly from the point of view answering all the other questions: Where are the texts that the builders produced?

We assume that if the ancients were capable of building structures that modern humans cannot replicate even now with the latest technology, they must have been a literate civilization which recorded and stored information.  [Read more…] about Hidden meanings: Using artificial intelligence to translate ancient texts

Commentary: Exponential growth of IoT becoming the next tech revolution

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MarketNewsUpdates.com news commentary

Global internet of things markets are poised to achieve significant growth through the use of sensors, widgets, cameras, and platforms that are used to help implement precision digital control and send alerts for all manner or management of devices and machinery.

Visualization and digitization are permitting a growing number of companies and individuals better control of any device or mechanical thing while present a diversity of uses for digital tracking devices in industry, healthcare and consumer markets.

The market is growing at a rapid pace because of increasing popularity and integration in various consumer markets.  [Read more…] about Commentary: Exponential growth of IoT becoming the next tech revolution

Hitachi demonstrates how AI can be used in industrial operations

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Hitachi says its system “contributes to improving efficiency of repair work and more stable operation”

Hitachi has developed a service platform that utilizes artificial intelligence and other advanced digital technologies to automatically propose optimal repair work for various types of industrial machinery.

Hitachi will be commencing joint demonstrative testing in collaboration with its US subsidiary Sullair, which manufactures and sells air compressors, towards the commercial productization of the service platform.

Specifically, Hitachi will verify its performance and advance the development of related applications through applying the service platform to air compressors at Sullair’s own factories and those in use by Sullair customers.  [Read more…] about Hitachi demonstrates how AI can be used in industrial operations

Updating our understanding of the power of artificial intelligence

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A look ahead to the AI in Finance Summit, organized by Re-Work

Some of the predictions made about the projected effects of artificial intelligence on the financial sector are simply staggering. 

AI is expected to generate additional revenues of anywhere between $500 billion and near-enough $1 trillion to the global economy, according to various forecasts.

For specific details on exactly how AI is being applied by individual companies, one can look at the information provided by the Re-Work organization.  [Read more…] about Updating our understanding of the power of artificial intelligence