Where Innovation Meets Imagination
From retail to manufacturing to flying, AI is everywhere, and the trading industry is no exception.
The financial services industry was one of the first to adopt AI in the early 80s and automated trading systems (ATS) now account for almost 85% of all trading in the US.
Globally, the market size is expected to reach over $18 billion by 2024. [Read more…] about How has AI changed the trading industry?
Mitsubishi Electric says it has developed a cooperative artificial intelligence technology that it says “enhances work collaboration between humans and machines”.
The system uses something Mitsubishi calls “inverse reinforcement learning”, or IRL, to learn and imitate the actions of skilled workers.
IRL, one of the key features of Mitsubishi Electric’s “Maisart AI” technology, enables machines to imitate human-like actions based on relatively small amounts of data. [Read more…] about Mitsubishi Electric develops ‘co-operative AI’ for human-machine work
Robotics and artificial intelligence will drive a deep and transformative change in the agricultural world during the coming decades, according to a new report by IDTechEx.
Seeing, localising, and taking plant-specific intelligent action are no longer the exclusive realm of humans, says the research company.
Machines have demonstrated the technical viability and the emphasis has long shifted to the finer details of return on investment, reliability, business model, and so on. [Read more…] about Agricultural robots and AI: A question of when and not if
By D. A. Rupprecht
The future for contactless product delivery is already here, and a pandemic seems to already be moving this trend forward.
It just needs companies to implement and customers to accept the new delivery and tracking methods, along with other innovations, that will make this so.
When this happens, we may one day look back and quietly thank the lowly coronavirus for catapulting us into a brighter future. [Read more…] about The Future for Contactless Delivery
Whether you own a business or drive a car, insurance is important to protect your investments and prevent you from sinking in the event of a serious and costly accident or act of malice.
People need to address risk, so they turn to insurance carriers that offer the best premiums for their needs.
To do so, these carriers will have to improve their processes so they can better service their clients. [Read more…] about How AI is Changing the Insurance Sector
Seventy percent of robots in the United States are employed in just four industries: auto-making, electronics, plastic and chemicals, and metals manufacturing.
Inspection and diagnosing play an important part in all these industries, so a variety of robots have been programmed to inspect equipment and diagnose problems as they arise.
Of course, inspection and diagnosis are not limited to manufacturing; they are the safeguards of society. AI diagnostics and autonomous inspection are helping us in more ways than we can imagine. [Read more…] about Inspection and Diagnostic Robots: What they Mean for Society
Covariant, a developer of artificial intelligence for robotics, has raised $40 million in Series B funding, bringing its total funding to $67 million.
The round was led by Index Ventures, along with AI-focused Radical Ventures and participation from existing investor Amplify Partners and others.
Covariant will use the funding to accelerate its partnerships, introduce AI Robotics to new industries, and grow its research, engineering and commercial teams. [Read more…] about AI for robotics developer Covariant raises $40 million in funding
Kindred has unveiled a new robotic solution for e-commerce fulfillment.
The company debuted the Kindred Sort 3.7 piece-picking robot at the recent Modex Show.
The enhanced Sort 3.7 system features eight additional cubbies, for a total of 27, translating into a 42 percent increase in the number of items it can sort at e-commerce fulfillment centers and warehouses, says Kindred. [Read more…] about Kindred unveils new robotic solution for e-commerce fulfillment
Nvidia is providing on-demand workshops about robotics and artificial intelligence online through its GTC Digital network.
GTC Digital is Nvidia’s training, research and insights resource and enables direct access to the company’s experts at the GPU Technology Conference.
Through these online services, Nvidia says it hopes to give members the latest news about advances in robotics, embedded computing, internet of things, AI at the edge and more. [Read more…] about Nvidia provides online workshops about robotics and AI
Xpeng Motors, a Chinese electric vehicle and technology company, says its P7 smart electric sports sedan officially rolls out in China on April 27.
The Xpeng P7 features the Nvidia Drive AGX Xavier platform for its XPilot3.0.
Signaling the EV maker’s confidence in Nvidia’s AI compute platform, Xpeng also announced it will leverage the Drive platform for its next production model. [Read more…] about Xpeng Motor build new autonomous e-car on Nvidia computing platform
