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artificial intelligence

Artificial intelligence and automation are leading a new industrial age

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Believe it or not, almost everyone from us is leveraging advanced technologies like artificial intelligence and deep learning in our daily life. Whether it will be in the form of Siri or you are making a query through Google-like search engines. This isn’t the kind of AI we saw in Tony Stark’s inventions, this is much more than that. This AI gives the product like Watson which helps humanity by finding a cure for diseases like cancer.

The digital spaceship is fueled by technologies like artificial intelligence and big data leading us towards the automation where most of the business operations are optimized incorporating it with machines. The technology of automation is estimated to touch $190.61 billion by the end of 2025 transforming healthcare into the manufacturing sector.  [Read more…] about Artificial intelligence and automation are leading a new industrial age

Webcast: Kalray unveils new AI processor technology for autonomous vehicles

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In this presentation and interview, Stéphane Cordova, VP of embedded technology at Kalray, provides an insight into the company’s artificial intelligence computing systems for autonomous cars, as well as Kalray itself. (See video below.)

Kalray recently unveiled its new neural network platform, which it calls “KaNN”, saying it enables “high-performance machine learning” applications for a variety of sectors including automotive, one of the areas in which it specialises.

KaNN and Kalray’s new AI processor, called the “Massively Parallel Processor Array”, or MPPA, also have potential applications in areas such as intelligent storage servers, data centers, robotics, drones, and others.  [Read more…] about Webcast: Kalray unveils new AI processor technology for autonomous vehicles

Industrial IoT startup MachineMetrics raises $11.3 million in funding

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Industrial IoT startup MachineMetrics has raised $11.3 million in Series A funding. The company says the funding will enable it to “continue leading the endeavor to bring analytics to manufacturing”.

In a circular, the company says: “We intend to use every penny to give our customers a world-class experience through faster growth, focused innovation, quick product updates, custom features, improved service – and that’s just the start.”

Most importantly, adds the company, the funding has provided it with the opportunity to “preserve the secret sauce that has made MachineMetrics who we are today”.  [Read more…] about Industrial IoT startup MachineMetrics raises $11.3 million in funding

AI, edge computing and AR/VR are ‘key enablers’ of future automation, says Frost

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Artificial intelligence, edge computing and augmented and virtual reality are “key enablers” for the future of automation and smart factories, according to new white papers by Frost & Sullivan.

“The world of manufacturing has never been as dynamic as it is today,” says the research consultancy.

Automation powered by AI, edge computing, and augmented and virtual reality are “driving a new chapter in the industrial revolution”, says the company.  [Read more…] about AI, edge computing and AR/VR are ‘key enablers’ of future automation, says Frost

H20.ai to expand its driverless AI system in partnership with Tech Mahindra

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H2O.ai, an open source developer of artificial intelligence systems, says its inaugural global systems integrator partner, Tech Mahindra, will expand H2O.ai’s global reach.

Across industries and around the world, customers are undergoing an AI transformation that is changing the way businesses operate, compete and delight customers.

Along with H2O.ai, Tech Mahindra is able to reach more customers and solve their unique challenges with the automatic machine learning platform, H2O Driverless AI.  [Read more…] about H20.ai to expand its driverless AI system in partnership with Tech Mahindra

Webcast: Artificial intelligence in the manufacturing sector

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In this interview, Humera Malik, founder and CEO of Canvass Analytics, provides an insight into her company.

Canvass Analytics is a startup backed by Google Ventures, among others. A data analytics company, it specialises in helping large manufacturers apply artificial intelligence to their operations.

Malik provides an overview of the industrial market from her point of view, as well as insights into the adoption rate of this new way of streamlining processes to make them more efficient and productive.  [Read more…] about Webcast: Artificial intelligence in the manufacturing sector

Continental to strengthen global network of AI experts

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Continental intends to increase its team of experts in the field of artificial intelligence (AI) by 2021 from around 400 employees today to around 700 employees.

The aim was announced as part of the company’s first international ‘AIR (Artificial Intelligence and Robotics) Days’, where almost 200 Continental experts in artificial intelligence and robotics exchanged information about current developments in this research field.

The AIR Days event is part of Continental’s strategy to bolster itself as a technology company that uses artificial intelligence in all areas.

[Read more…] about Continental to strengthen global network of AI experts

Canvass Analytics to use AI to improve Olam’s food supply chain

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Canvass Analytics has signed an agreement with Olam International, a leading global agri-business operating in 66 countries, to utilize artificial intelligence as part of its strategy to find innovative and new ways of meeting the world’s rapidly growing demand for food, feed, fibre and fuel.

Olam is one of the world’s largest agri-businesses, serving more than 22,000 customers worldwide. Its heritage lies in the origination and traditional supply chain management, sourcing agricultural ingredients and raw materials in the food and beverage, textile, wood, rubber and related industries.

KC Suresh, CEO, grains at Olam International, says: “Artificial Intelligence is a powerful tool to help re-imagine global agriculture.  [Read more…] about Canvass Analytics to use AI to improve Olam’s food supply chain

Christie’s sells painting produced by AI for almost half a million dollars

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World-famous auction house Christie’s in New York has sold a painting produced by an artificial intelligence system for almost half a million dollars. 

The shock price is almost 45 times the $10,000 upper estimate the auctioneer had placed on the painting before the sale, as reported on this website.

The painting, called “Portrait of Edmond Belamy”, sold for “an incredible $432,500”, in Christie’s own words on its website.  [Read more…] about Christie’s sells painting produced by AI for almost half a million dollars

Christie’s in New York to auction painting produced by artificial intelligence for around $10,000

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A painting produced by artificial intelligence will be auctioned by Christie’s in an auction tomorrow – Thursday, 25th October 2018 – in New York.

The portrait, called Edmond de Belamy (main picture), is believed to be the first piece of AI art to go under the hammer at a major auction house and is created by French art collective “Obvious”.

The AI system compares its own portraits against ones made by human artists and works on them until it is unable to tell the difference between the two.  [Read more…] about Christie’s in New York to auction painting produced by artificial intelligence for around $10,000