Artificial Intelligence: Top breaking headlines, latest news updates on Artificial Intelligence - Business Upturn https://www.businessupturn.com/news/topic/artificial-intelligence/ Latest News on Business, Top headlines on Corporates, Startups, Tech, Economy, Finance, Money, Top Technology News & Updates Mon, 14 Feb 2022 15:21:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.businessupturn.com/wp-content/uploads/2019/09/icon-100x100.jpg Artificial Intelligence: Top breaking headlines, latest news updates on Artificial Intelligence - Business Upturn https://www.businessupturn.com/news/topic/artificial-intelligence/ 32 32 Jio Platforms to invest $200 million in Glance https://www.businessupturn.com/companies/jio-platforms-to-invest-200-million-in-glance/ Mon, 14 Feb 2022 15:21:57 +0000 https://www.businessupturn.com/?p=192316

The integration will authorise Reliance's retail firms to advertise products directly to Jio users through the artificial intelligence company, Glance.

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Reliance’s Jio Platforms Ltd will invest $200 million (roughly Rs 1,510 crore) in a lock-screen platform, Glance which is part of the InMobi Group.

Reliance’s Jio Platforms’ investment will value Glance at $1.7 billion to $1.8 billion (roughly Rs. 12,800–13,600 crore) post-money with the satisfaction of customary closing prerequisites and regulatory approvals. “The deal is also expected to lead to further strategic collaborations between Glance, Reliance Retail, and Jio across devices, commerce, content and gaming ecosystem,” InMobi said in a statement.

The integration will authorise Reliance’s retail firms to advertise products directly to Jio users through the artificial intelligence company, Glance.

Glance is speeding up to develop the world’s largest live content and commerce ecosystem on the lock screen and will use the funds raised to expand globally. In addition to Jio Platforms, Glance is also backed by technology giant Google and Silicon Valley-based venture fund Mithril Capital.

Reliance on buying stakes in the company expressed, “Concurrent with the proposed investment, Glance has also entered into a business partnership arrangement with Reliance Retail Ventures Limited (Reliance Retail), providing for Glance’s ‘lock screen platform’ to be integrated into the JioPhone Next smartphones to transform the internet experience for millions of Jio users. This is the latest in a series of strategic partnerships between Glance and global players in the mobile ecosystem. The deal is also expected to lead to further strategic collaborations between Glance, Reliance Retail and Jio across devices, commerce, content and gaming ecosystem.”

Ambani with a vision to create a technology behemoth that incorporates connectivity, content and commerce has been subsequently purchasing stakes in consumer internet firms and fastening those services into Reliance Jio.

Glance’s lock screen platform exists on more than 400 million devices across markets in Asia. Glance has made it possible for users to experience the best of the internet without searching, downloading any apps or even unlocking their phones.

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Google Maps New Features: Live View, Shopping Info, Air Quality and much more! https://www.businessupturn.com/technology/apps/google-maps-new-features-live-view-shopping-info-air-quality-and-much-more/ Wed, 31 Mar 2021 07:22:39 +0000 https://www.businessupturn.com/?p=102328

The new features announced by the Google Maps will be available in coming months.

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Google Maps on Tuesday, March 31, released information which includes addition of new features to service. The new features by Google Maps includes ‘Indoor Live View’, which shows graphics like arrows, directions, and icons on your smartphone’s screen, laid atop a camera view of the world around you. It can be used to help you find a store in a shopping mall or a bathroom at an airport, for instance.

The feature of ‘Live View’ is more interactive than Google Maps’ existing indoor maps and expands on a similar feature for city-street navigation that launched in 2019. It’s available for Android and iOS users at some malls in Chicago, Los Angeles, San Francisco, Long Island, Seattle, and Newark, New Jersey. Google said it will be available for use at a limited number of airports, malls, and transit stations in Tokyo and Zurich in the coming months.

Usually, a smartphone uses its built-in GPS and compass to determine location and what direction you are facing in a mapping app. But, in crowded cities and inside buildings, however, these technologies may not be as effective as GPS system fails in overcrowded area.

Live View depends on artificial intelligence (AI) and Google’s massive inventory of street view images. Google Maps uses machine learning to determine which details are likely to be the same and which are best to ignore. Google said the indoor version of Live View also takes into consideration the user’s altitude and where objects are inside a building. Once the app has a good idea of where you are, it can overlay virtual images to help you find your way to your destination.

Google Map is also bringing shopping information to Business Profiles and Search, including delivery providers, pickup, and delivery windows, fees, and order minimums.

Google Maps also adds lowest carbon footprint when it has roughly the same ETA as the fastest route. Google maps is now adding route with low emission carbon zone. Maps will also alert users if and when they are entering a low-emission zone. The low-emission zone alerts will launch in June in Germany, the Netherlands, France, Spain, and UK, with more countries coming soon.

Other new features shown by Google Maps on Tuesday will be available in coming months include the ability to see the weather or ‘air quality’ as you plan a trip within the app.

These features that were introduced that focus on encouraging users to post more of their own content to the mapping app; these included making it simpler to share photos of places you visit.

 

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Will 2021 be marked as a gateway of A.I driven World Economy? https://www.businessupturn.com/money/economy/will-2021-be-marked-as-a-gateway-of-a-i-driven-world-economy/ Sun, 28 Feb 2021 09:40:27 +0000 https://www.businessupturn.com/?p=96352

Wherein some economies have started to adopt the AI, other emerging economies are still trying to cope up with the previous legacies to create their brand names, among others.

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The anxious wait of the much-awaited era of enhanced and efficient production is almost there with the Fourth Industrial Revolution withstanding artificial intelligence (AI), automation and digital workspace environment. The rise of the digital revolution with new trends is driving the future of work with ultimate job satisfaction, well-being, and professional environmental development. The ushering of robotics and AI resulting in highly productive automation might one day replace humans in this global economy.

It is an integral part of business enterprises to study a trend for a certain period to examine the modified productivity and surpassed output. The global world should now focus on what is behind the screen while focusing on the biggest upcoming asset. A survey conducted by the US Bureau of Labour Statistics stated that there was a significant increase in labour productivity from 4.6% to 10.6%. This rise of labour productivity is coined by them as “bad productivity” as the upcoming work structure needs to be tech-oriented and not human.

The 180-degree turn driven by the realization and social outreach disrupting the rules of the established legacy of work is what we need to learn and work with. It has been concluded as a pandemic message that organisation structure and interaction with colleagues is the must for growth and productivity, however, physical contact is not necessary. The entire process could be done within remote working via digital workplaces.

Until 2020, productivity was the outcome of human’s cognitive skills and technology. Now, the unfolding paths of 2021, the human-centred society that can control economic, political, and social areas is on its journey to achieve far-reaching effects with automation facilities like, Alexa, Siri. Artificial intelligence is the crux of unlocking productivity for the upcoming decade. The focus would be shifted to engagement with humans competing with robots. The new way of work management aims to integrate the high-tech capabilities of various devices and services to optimize human potential. Moving back to the bounded cubicles is not an option anymore rather establish a hierarchy of automation is the new goal of 2021.

The form and function are the basic essences of any goal-oriented workspace based on values. The form includes the pattern followed by the co-workers of the company and of course, technology and the function are the series of outcomes of their enhanced productivity and more developed growth and well-being. The ultimate knowledge of human history is being reconstructed on fingertips unlocking the full potential of isolated rooms. According to a data survey, there has been an increase of 3.5 billion new users on the internet during this pandemic. Not only humans but the laptops and computers have also increased their RAM sizes and processor speed, mobiles are getting advanced making them easy to carry while ICT and AI are becoming the rulers of the world economy.

However, the situation is not the same around the whole world. Wherein some economies have started to adopt the AI, other emerging economies are still trying to cope up with the previous legacies to create their brand names, among others.

Facebook, Amazon, Twitter, etc are the major media and social platforms that are using algorithms that are playing a major role in high productivity management. The unearthing of each story while adding perspective and information is the sole aim of every algorithm used.

An Aruba report on digital workspace categorised two groups: Digital Revolutionaries who are into digital workspaces while adopting new technologies and automation powers and another group being Digital Laggards who work in less engaged digital workspaces. In today’s business world companies are embracing new designed digital workspaces. Companies not only want tech-savvy people but also people who can adapt to the other emerging technologies and convert a dumb and boring physical work environment to a digitally empowered workstation that needs to productive, interactive, digitally equipped. These days it is not only the plug-in feature that has to be enabled but also plug-in these features into the minds of human beings. This type of employment enables a company to be high on optimism and optimisation of workspaces. It is necessary to understand the business and marketing strategies and content and generalist views of any company to choose and sync with the right sort of people, automation, and robotics. Artificial intelligence will overtake the whole economy at large but till then, the effectiveness possessed by them needs to be incorporated into the human capabilities while being on the same line of function maintain an individual identity withstanding consumer confidence.

Daniel Libeskind, the person who designed the master plan for the World Trade site after 9-11 said, “To provide meaningful architecture is not to parody history but to articulate it.” ‘Restructuration’ is the sole motto of every upcoming and on-going business with high-skill professionals who are closely related to the technologies making a strong demand and taking full advantage of the high potential of automation, setting its foot into the new ear of artificial intelligence boosting the global economy over the next decade of the working-age population.

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Fujifilm to open 100 health screening centres, plans to invest $200 million https://www.businessupturn.com/health/medical/fujifilm-to-open-100-health-screening-centres-plans-to-invest-200-million/ Thu, 04 Feb 2021 19:10:57 +0000 https://www.businessupturn.com/?p=91586

Fujifilm plans to invest around $200 million to open 100 health-screening centres in India to test 10 common cancers.  On Thursday, Fujifilm and Dr Kutty’s Healthcare launched the first of these ‘NURA centres’, equipped with artificial intelligence (AI) enabled imaging and expert healthcare in Bengaluru. The centre is equipped to test 10 common cancers, oral […]

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Fujifilm plans to invest around $200 million to open 100 health-screening centres in India to test 10 common cancers.  On Thursday, Fujifilm and Dr Kutty’s Healthcare launched the first of these ‘NURA centres’, equipped with artificial intelligence (AI) enabled imaging and expert healthcare in Bengaluru.

The centre is equipped to test 10 common cancers, oral cancer, breast cancer, cervical cancer, lung cancer, stomach cancer, colon cancer, prostate cancer, esophageal cancer, laryngeal cancer and early signs of leukemia along with other lifestyle diseases. “In the coming years, we plan to invest around $200 Mn to set up 100 such NURA centres across the country,” said, Masaharu Morita, global marketing and new business manager, Modality Solution, Medical Div, Fujifilm.

With NURA, “our vision is to introduce the culture of periodic health screening in India, as we believe that early detection and treatment are very important to improve the survival rate of cancer patients,” he added. “Together with Dr Kutty’s Healthcare expertise, we will continue to support the development of medical care by providing state-of-the-art products and services that contribute to improved health and quality of life of people worldwide,” Morita said.

Dr Kutty’s Healthcare President Mohamed Kasim said, “We are committed to providing sustained health through NURA by leveraging our experience in healthcare and high quality scanning and image processing technology offered by Fujifilm.”

In addition to 10 cancer tests, the centres will provide total medical examination services such as early detection of risks of metabolic syndrome and locomotive syndrome, for the examination of lifestyle related diseases such as chronic obstructive pulmonary disease and myocardial infarction, Fujifilm said.

The health screening centres will actively leverage intelligent AI-technology to improve outcomes for both the patient and the doctor by making the screening process safe and more accurate, it added.

 

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PM Modi to address “The Responsible AI for Social Empowerment (RAISE 2020) Virtual Summit” at 7 PM this evening https://www.businessupturn.com/education/pm-modi-to-address-the-responsible-ai-for-social-empowerment-raise-2020-virtual-summit-at-7-pm-this-evening/ Mon, 05 Oct 2020 06:14:00 +0000 https://www.businessupturn.com/?p=59475

Prime Minister Narendra Modi is set to address the Responsible AI for Social Empowerment (RAISE 2020) summit scheduled to take place on Monday evening.

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New Delhi: Prime Minister Narendra Modi is set to address the Responsible AI for Social Empowerment (RAISE 2020) summit scheduled to take place on Monday evening. The government of India is focusing on Digital India Mission, Artificial Intelligence is the future of the Digital World, Thus the Government is “Looking forward to addressing The Responsible Al for Social Empowerment (RAISE 2020) across the world to discuss aspects relating to Al,” the Prime Minister tweeted.

Global Artificial Intelligence summit organized by the Government of India in partnership Virtual Summit at 7 pm this evening. This summit brings together tech leaders from The Responsible Al for Social Empowerment (RAISE 2020) virtual summit will be with industry and academia.

The Responsible AI for Social Empowerment (RAISE 2020) virtual summit will be a Global Artificial Intelligence summit to be organized by the Government of India in partnership with Industry & Academia. It will be inaugurated by the Hon’ble Prime Minister Shri Narendra Modi on October 5, 2020, at 7 PM.

The summit would be a global meeting of minds to exchange ideas and charter a course to use AI for social empowerment, inclusion, and transformation in key areas like Healthcare, Agriculture, Education, and Smart Mobility amongst other sectors. It will witness robust participation from global industry leaders, key opinion makers, Government representatives, and academia. The RAISE 2020 Summit will feature some of the most exciting start-ups working in Artificial Intelligence and related fields.

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AI-controlled sensors can improve patient outcomes without invading privacy: Stanford University https://www.businessupturn.com/usa/ai-controlled-sensors-can-improve-patient-outcomes-without-invading-privacy-stanford-university/ Tue, 15 Sep 2020 01:08:35 +0000 https://www.businessupturn.com/trending/ai-controlled-sensors-can-improve-patient-outcomes-without-invading-privacy-stanford-university/

AI tools can "unobtrusively" monitor impending health crises in the elderly as well. Devices could prompt patients themselves to make timely and life-saving interventions.

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Electronic sensors and artificial intelligence could help doctors treat vulnerable patients in ways that improve the outcome without invading privacy, according to Stanford University.

Researchers have reviewed the field of ‘ambient intelligence’ in healthcare. It is an interdisciplinary effort to create AI systems-equipped smart hospital rooms that can do a range of things to have better patient outcomes.

AI tools can “unobtrusively” monitor impending health crises in the elderly as well. Devices could even prompt patients themselves to make timely and life-saving interventions.

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India: Microsoft, NASSCOM to skill 1 million students in Artificial Intelligence by 2021 https://www.businessupturn.com/world/india-microsoft-nasscom-to-skill-1-million-students-in-artificial-intelligence-by-2021/ Thu, 10 Sep 2020 05:39:28 +0000 https://www.businessupturn.com/trending/india-microsoft-nasscom-to-skill-1-million-students-in-artificial-intelligence-by-2021/

Under this collaboration, Microsoft and NASSCOM experts will skill the students in AI, machine learning and data science through modules such as live demos, hands-on workshops, virtual instructor-led training, and assignments as part of the AI classroom series.

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With an aim to skill 1 million students in Artificial Intelligence by 2021, Microsoft has partnered with NASSCOM’s FutureSkills in order to launch a nationwide initiative in India.

Under this collaboration, Microsoft and NASSCOM experts will skill the students in AI, machine learning and data science through modules such as live demos, hands-on workshops, virtual instructor-led training, and assignments as part of the AI classroom series.

This AI Classroom series will start from September 21 and it will be paced in three modules.

Students can choose from multiple time slots and plan their own learning pace. Registered students will also be able to access the content and developer tools from Microsoft and GitHub.

At the end of the series, a participation certificate from NASSCOM and Microsoft will be awarded to students.

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Top 10 AI powered Start-up in India https://www.businessupturn.com/companies/top-10-ai-powered-start-up-in-india/ Sun, 19 Jul 2020 07:30:59 +0000 https://www.businessupturn.com/?p=24949 Artificial Intellegence

Artificial Intelligence has taken much momentum as recent as in the last decade. AI is often attributed with Machine Learning and Data Analytics.

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Artificial Intellegence

Artificial Intelligence has taken much momentum as recent as in the last decade. AI is often attributed with Machine Learning and Data Analytics.

Countries from all around the world has invested in development and up-gradation of this 21st century technology. Companies in India has also been on the forefront of this data revolution.

These are some of the AI powered Start-up companies in India who is on the road to make big.

  • Haptik.ai – Mumbai: Haptik is an artificial intelligence company powering conversational assistants for brands to transform customer experiences. The platform has enabled over 100 virtual assistants, reaching close to 100 million devices and processing over 3 billion end customer interactions. Founded in 2013, Haptik is backed by Reliance Industries.
  • Niki.ai – Bengaluru: It is bringing the household consumption of Bharat online by building the digital localized agent for 500 million new to internet users. The company is converting these users into consumers by providing them the agent like experience that is most natural to them. Niki.ai is a virtual agent that does end-to-end online transactions for you in various domains. Everything from postpaid recharges to hotel bookings. Founded in 2015, it has been backed by Mr. Ratan Tata & Unilazer Ventures.
  • Doxper: With its ‘zero behavior change’ approach, Doxper is seamlessly digitizing healthcare data. Doxper aims to provide easy storage & retrieval, automated patient follow-ups, and auto data transcription. Founded in 2015, it’s clientele include Nanavati Hospital, P.D. Hinduja Hospital and Wockhardt.
  • Avaamo – Bengaluru/California: Founded in 2014. It is a deep-learning software company that specializes in conversational interfaces to solve specific, high impact problems in the enterprise. Avaamo is building a broad area of neural networks, speech synthesis, and deep learning to make conversational computing for the enterprise a reality.
  • NIRAMAI – Bangalore: “Non-Invasive Risk Assessment with Machine Intelligence”. In Sanskrit, Niramai means being free from illness. It is a novel breast cancer screening solution. Its solution is a low cost, an accurate, automated, portable cancer screening tool. The core technology is Thermalytix, a computer-aided diagnostic engine that uses patented thermal image processing and machine learning algorithms for reliable and accurate breast cancer screening.
  • LogiNext – Mumbai: It helps in managing field services. It tracks and optimizes field agent movements in real time on a single map interface. LogiNext’s reverse delivery management software not only provides automated optimization for capacity and route planning in first mile, but also covers all scenarios for return-to-merchant (RTM) and return-to-origin (RTO) cases. It’s partners include Microsoft Ventures, Samsung, IBM and Zippr.
  • Rubique – Mumbai: This FinTech company wants to revolutionize the finance industry by introducing predictability. This helps its users to find the best match to his/her credit requirements with the help of an AI-based recommendation engine and Rubique’s financial matchmaking platform. Rubique’s multi-sided lending platform provides features like e-KYC, bank statement analysis, credit bureau check, credit memo generation & MCA integration along with real-time application tracking to make it a paperless experience.
  • CropIn – Bengaluru: A leading ‘Full-Stack AgTech’ organization providing smart SaaS based solutions to agribusinesses globally. CropIn’s vision is to maximize per acre value and the mission is to make every farm traceable. It has the capability of live reporting, and it also provides geographical analysis, interpretation, and insight.
  • Blue Sky Analytics- Gurugram: Climate change is one of the most pressing concerns of our time and taking action against it is imperative. Co-founded by Abhilasha Purwar and Kshitij Parwar, Blue Sky Analytics is a space tech startup that provides global stakeholders with environmental data by using AI-enabled solutions. They provide environmental data such as air quality data with predictions for the next three days, comparison of data and news about air quality.
  • Flutura- Bangalore: AI Solutions company focused on improving two core business objectives of “Asset Uptime” and “Operational Efficiency”. Flutura does this with Cerebra, their AI Platform tuned for IIOT in Oil & Gas, Process Manufacturing, and Heavy machinery manufacturing industries, powering connected asset and connected operations use cases. It also has offices in US, Singapore and Netherlands.

 

This list is not exhaustive and there are many more start-ups in this field who may rank higher in specific parameters.

Inspektlabs recently got a funding from Titan Capital and Better Capital.

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AI startup Inspektlabs attract investments from Titan Capital, Better Capital https://www.businessupturn.com/companies/ai-startup-inspektlabs-attract-investments-from-titan-capital-better-capital/ Fri, 03 Jul 2020 10:55:21 +0000 https://www.businessupturn.com/?p=20398

Artificial Intelligence is the transformation needed in the current time.

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AI technology startup, Inspektlabs has raised to the tune of $600k dollars from Better Capital and Titan Capital in the pre-series-A funding round.

Better Capital, is an investment firm managed by the Snapdeal founders, Kunal Bahl and Rohit Bansal and is actively participating in seed rounds of start-ups.

Founded by former McKinsey and Zomato employees, Devesh Trivedi and Sanchit in 2019, Inspektlabs solution is based on an Inspection AI technology allowing firms to perform damage assessment, claim estimation, asset valuation, and fraud detection of physical assets using photos or videos. Its current focus is on automating car inspections for global motor insurance and automotive players.

Vaibhav Domkundwar, investor said, “At a time where the world is prodding for a contactless environment, there is an increased demand and market for automation technologies. Almost every industry today is looking to ensure safety, adeptness and productivity. We can, therefore, expect to see greater use of computer vision technologies across an even wider selection of industries in the very near future.”

Last month, enterprise AI platform NextBillion AI raised $7 million (around Rs 52.89 crore) in a Series A funding round co-led by Lightspeed Venture Partners and Falcon Edge Capital.

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