Archive for the ‘Artificial Intelligence’ Category

Qloo, the Leading Artificial Intelligence Platform for Culture and Taste Preferences, Raises $15M in Series B – Business Wire

NEW YORK--(BUSINESS WIRE)--Qloo, the leading artificial intelligence platform for culture and taste preferences, announced today that it has raised $15M in Series B funding from Eldridge and AXA Venture Partners. This latest round of funding brings Qloos total capital raised to $30M, and will enable the privacy-centric AI leader to expand its team of world-class data scientists, enrich its technology, and build on its sales channels in order to continue to offer premier insights into global consumer taste for Fortune 500 companies across the globe.

Founded in 2012, Qloo pioneered the predictive algorithm as a service model, using AI technology to help brands securely analyze anonymized and encrypted consumer taste data to provide recommendations based on a consumers preferences. Demand for Qloo has been accelerating as companies look for privacy centric solutions - in fact, API request volumes across endpoints grew more than 273% year-over-year in Q2.

Before Qloo, consumer taste was really only examined within the silo of a certain app or service - which made it impossible to model a fuller picture of peoples preferences, said Alex Elias, Founder and CEO of Qloo. Qloo is the first AI platform that takes into account all the cross-sections of our preferences - like how our music tastes correlate to our favorite restaurants, or how our favorite clothing brands may lend themselves to a great movie recommendation.

Qloos flagship API works across multiple layers to process and correlate over 575 million primary entities (such as a movie, book, restaurant, song, etc.) across entertainment, culture, and consumer products, giving the most accurate and expansive predictions of consumer taste based on demographics, preferences, cultural entities, metadata, and geolocational factors. Qloos API can be plugged directly into leading data platforms such as Snowflake and Tableau, with results populated in only a matter of seconds making it easy for companies to improve product development, media buying, and consumer experiences in real time.

Qloo currently delivers cultural AI that powers inferences for clients serving over 550 million customers globally in 2022, including industry leaders across media and publishing, entertainment, technology, e-commerce, consumer brands, travel, hospitality, automakers, fashion, financial services, and more.

About Qloo:

Qloo is the leading artificial intelligence platform on culture and taste preferences, providing completely anonymized and encrypted consumer taste data and recommendations for leading companies in the tech, entertainment, publishing, retail, travel, hospitality and CPG sectors. Qloos proprietary API can predict consumers' preferences and connect how their tastes correlate across over a dozen major categories, including music, film, television, podcasts, dining, nightlife, fashion, consumer products, books and travel. Launched in 2012, Qloo combines the latest in machine learning, theoretical research in Neuroaesthetics and one of the largest pipelines of detailed taste data to better inform its customers - and makes all of this intelligence available through an API. By allowing companies to speak more effectively with their target consumers, Qloo helps its customers solve real-world problems such as driving sales, saving money on media buys, choosing locations and building brands. Qloo is the parent company of TasteDive, a cultural recommendation engine and social community that allows users to discover what to watch, read, listen to, and play based on their existing unique preferences.

Learn more at qloo.com and http://www.tastedive.com.

See more here:
Qloo, the Leading Artificial Intelligence Platform for Culture and Taste Preferences, Raises $15M in Series B - Business Wire

How Artificial Intelligence Is Positively Impacting Bitcoin And The Future Of Money – Android Headlines

Bitcoin and blockchain technology are two of the most prominent innovations that have come from the Internet of Things (IoT) revolution. Thats only natural IoT is enabling a new era of digital transformation that has global implications. Artificial intelligence, specifically machine learning and deep learning, is playing an increasingly important role in shaping this transformation.

AI is already having a substantive impact on almost every sector and industry segment. From homes to financial institutions to retail chains, AI is already reshaping our world at an accelerating pace. Heres why artificial intelligence is positively impacting Bitcoin and the future of money:

As weve seen with some of the most popular IoT devices, such as smart home devices, cyber security issues are becoming a concern for people across the globe. AI can help address these issues by creating more trusted, secure and transparent applications. AI is being used to create algorithms to recognize and respond to user actions, such as the 123456 series of numbers displayed on a connected television, or the OK or Thanks gesture displayed on smartphones when making a Bitcoin payment on Crypto Engine or any other trading platform.

Artificial intelligence has been tremendously successful at creating new and useful applications for the Internet of Things. From self-driving cars to smart homes with AI that can help you schedule a plumbing service when youre not home, AI has done wonders for the smart home and the IoT.

With the potential to disrupt industries and create new business models, AI has created a plethora of new applications, industries, and applications that will never be seen the same way again. AI is helping to create more trust, security and transparency with every passing day.

Beyond IoT, which largely consists of static data, the next major stage in the evolution of the Internet of Things is going to be the so-called connected city. In the connected city, data generated by IoT devices will flow through AI and then human-friendly software to create more intelligent decisions based on the data. More specifically, this is the future of blockchain technology.

Beyond AIs impact on real estate and financial sectors, the technology is also set to reshape other industries. AI is making its mark in the world of entertainment, with standpoint being one area that will likely be impacted gaming. Big data and AI-based game-playing are the foundations for creating VR and AR experiences, which can be as immersive as watching a movie, or as realistic as model-building games like 3D printing.

Beyond the overwhelming impact that AI has had on our everyday lives, its also having a momentous impact on our money system. Here are just a few of the ways:

1. More trusted financial products and services. In the age of AI, financial institutions are trying to distinguish themselves by creating more trustworthy financial products and services. AI can help create more reliable predictions financial well-being of customers, and allow financial institutions to build better relationships with their customers. This, in turn, will result in higher customer satisfaction, as well as more frequent and larger payments.

2. More transparent and efficient government. In the same vein, political leaders and public figures are starting to realize the importance of being more transparent with their constituents. AI can analyze large volumes of data, such as the content and comments made by political figures and leaders, and use that data to generate more accurate and timely predictions.

3. Digital currency. Beyond all of this, AI is having a momentous impact on the digital currency landscape as well. AI can create algorithms that can consistently provide real-time value while serving as the foundation for Bitcoin. With this in mind, we can expect to see more use of AI in the financial sector, where it would add even more value and improve upon the already-excellent B2C model.

Artificial intelligence is having a momentous impact on almost every aspect of our lives. Its transforming the way we interact with technology and changing the way we see the world. In many ways, AI is creating the future of money: sensors, microcomputers and camera work, headed by powerful supercomputers, all working in tandem to create a trustworthy and AI-based decision-making engine. While the impacts of AI are bound to be positive in every aspect of our lives, the most incredible impact has to be witnessed in the financial sector. With AI, we can expect to see more use of data-driven decision-making, and improved financial literacy, which will have a cascading effect on the entire economy.

View post:
How Artificial Intelligence Is Positively Impacting Bitcoin And The Future Of Money - Android Headlines

AI in Transportation Market Size to Surpass USD 14.79 Bn by 2030 – GlobeNewswire

Los Angeles, Aug. 24, 2022 (GLOBE NEWSWIRE) -- The global AI in transportation market size was accounted at USD 2.3 billion in 2021. One of the major reasons for the growth of this market is the growing deployment of artificial intelligence in transport systems. This technology plays a very important role in the autonomous vehicles. The transportation industry is depending on artificial intelligence for the driving thinking as well as learning. There has been an increased adoption of artificial intelligence in the autonomous trucks across the globe. There are many benefits provided by the drugs that make use of self-driving and due to which the market is expected to grow well.

Get the Free Sample Copy of Report@ https://www.precedenceresearch.com/sample/1983

Speech recognition and image processing are the features that shall drive the market growth in the coming years. Increased use of sensors will also play an instrumental role for the growth of the market. Artificial intelligence is used in the automobile, cars as well as the trucks.

Why North American region dominated the market?

Why Asia Pacific region is growing faster?

Report Highlights

Ask here for more customization study@ https://www.precedenceresearch.com/customization/1983

Scope of the Report

Market Dynamics

Drivers

Artificial intelligence is used in transportation industry and the benefits associated with the use of this technology shall create good demand in the coming years period the increased rate of road accidents shall be one of the reasons that shall drive the market growth in the coming years for various regions across the globe. The number of fatalities caused due to these accidents shall be one more reason for the growth of the market in the coming years.

The use of this technology has been instrumental in protecting the driver from various accidents that are caused due to human error. The use of this technology also reduces the human error to a great extent. This software is used in the vehicles provide updates on the important upcoming signs and specifications about the road traffic or congestion. These warnings also provide information about the areas that are accident prone. Higher safety features are provided by the technology for the transportation segment. Growing demand for autonomous vehicles shall be one more reason for the growth of the market. Deep learning is a combination of machine learning and artificial intelligence and the growing demand for deep learning shall drive the market growth in the coming years period

Restraints

The infrastructure which is present in the market currently does not support the use of artificial intelligence for transportation. And it is becoming extremely difficult to deploy artificial intelligence in this industry. Lack of the favorable infrastructure is a major restraint in the growth of the market. Most of these transports do not support the use of the technology. Manufacturers are constantly focusing on manufacturing vehicles that support the use of artificial intelligence due to which the market will grow well in the coming years but currently the integration of artificial intelligence is difficult in the existing infrastructure.

Opportunities

Exceptional scope will be provided by truck platooning for the transportation market. Truck platooning will be a major driver and provider of opportunities in the coming years. Advanced features provided by the artificial intelligence in the transportation sector will provide better opportunities for growth in the coming years and it will also help in attracting new buyers. Use of voice recognition and signal recognition will provide better opportunities for growth period increased use of sensors will enhance the functionality of this technology. Stringent policies or laws imposed by the government in order to control the carbon emissions shall play an instrumental role in providing better opportunities for the growth of this market.

Challenges

Artificial intelligence is expensive and the features provided by this system like cruise control, collision warning, lane assistance and detection of the blind spot are costly affair. It is extremely difficult for various manufacturers of these vehicles to adopt artificial intelligence. And they expensive nature of this technology shall be challenging for its growth.

Recent Developments

Market Segmentation

By Offering

By Machine Learning Technology

By Process

By Application

By Geography

Immediate Delivery Available | Buy this Premium Research Report@ https://www.precedenceresearch.com/checkout/1983

You can place an order or ask any questions, please feel free to contact atsales@precedenceresearch.com| +1 9197 992 333

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

For Latest Update Follow Us:

https://www.linkedin.com/company/precedence-research/

https://www.facebook.com/precedenceresearch/

See the rest here:
AI in Transportation Market Size to Surpass USD 14.79 Bn by 2030 - GlobeNewswire

Timnit Gebru Specializes in Ethics of Artificial Intelligence – BusinessGhana

Artificial Intelligence (AI) undoubtedly is one of the areas in STEM that has come to ease the labour pressure and enhance the way of doing things. Despite its significant benefits, the concept of AI is implicated with several ethical issues that include bias, and privacy breaches. Timnit Gebru is an Eritrean researcher who specializes in the ethics of Artificial Intelligence to tackle issues of bias in facial recognition of African people in most AI algorithms.

Timnit notes that her inspiration to devote herself to studying ethical issues in AI stems from the ordeal of her friend. According to Timnit, her friend was attacked in a bar, arrested, and later placed in pre-trial detention. The situation was attributed to the problem of the AI facial recognition system that could not identify people of African colour.

Promoting Greater Representation of Africans in Artificial Intelligence

In 2015, Timnit participated in the Neural Information Processing Systems- one of the most important conferences in the field of artificial intelligence which was held in Montreal, Canada. There she realised that out of the 3700 participants, only about five of them were Africans. As a result, Timnit led the creation of the Black in AI in 2017- an initiative which brings together African researchers in AI. Today, she is recognized as a leading advocate in initiatives geared toward the fight against the biases of facial recognition algorithms that mostly favour people of white colour. At the same time, she advocates for more representation of people of African descent in the field of African intelligence.

Educational Background and Industry Experience

Timnit holds a Bachelor of Science and Master of Science in Electrical Engineering from Stanford University. She also gained a PhD in 2017.

She worked at Apple as an audio engineer from 2004 to 2013 where she was particularly interested in creating software to recognise human faces. In 2017, Timnit joined Microsoft as a post-doctoral researcher in the Fairness, Accountability, Transparency, and Ethics in AI (FATE Lab) dedicated to equality, transparency, and ethics in Artificial Intelligence. While at Microsoft, she published a paper with another researcher called Joy Buolamwini. The title of the article was Gender Shades. The article revealed that African women were 35% less likely to be identified by existent facial recognition algorithms than white men. Again, in December 2021, Timnit founded the Distributed Artificial Intelligence Research Institute (DAIR) which also aims to fight algorithmic bias in technology.

For her work, Timnit has received several recognitions and awards. She has been named one of the worlds 50 greatest leaders by Fortune magazine and one of the 10 most influential people in science by the British science journal: Nature. In 2022, Time magazine named her one of the most influential people of the year.

REFERENCE

Information from http://www.africanwomenexperts.com

Read the rest here:
Timnit Gebru Specializes in Ethics of Artificial Intelligence - BusinessGhana

Artificial Intelligence implementation & cancer research – Open Access Government

Artificial Intelligence implementation & cancer research

The technological developments of the recent decades have heralded computer-driven approaches in the development of laboratory-based cancer research, clinical practice, and research infrastructures such as biobanking and artificial intelligence implementation while supporting the ongoing processes of automation and innovation. The notion of implementing computer-based approaches in healthcare, handling and analysing clinical tests and records is not a new one.

It was discussed since the advent of computerised systems in the 1960s concurrently with some of the very first implementations within a healthcare environment.

However, those discussions were carried through with little conviction (other than for administrative purposes) until the dawn of the 21st century. Flagship international projects, such as the Human Genome Project, the UK Biobank, the Cancer Moonshot program and others, acted as the catalyst in transforming our understanding and expectations of computer-driven approaches in healthcare translational research and were followed by considerable investment to allow for such approaches to emerge.

The digital transformation in healthcare must be contextualised as a mix of technologies that work together as part of a puzzle: the Internet of Things, blockchain and Artificial Intelligence (AI). Previously, healthcare data was collected and structured manually, mostly centralised, which would mean a cumbersome, error and faulty-prone environment. The introduction of connected devices embedded with sensors and light weight-software became a game changer in the data collection process. However, a major challenge was to guarantee data integrity (and sometimes anonymity), while still maintaining auditability and trackability. Data Science, a comprehensive umbrella of statistical and design techniques as well as development methods is used for classifying data, extracting relevant information, cleansing data and developing algorithms for pattern and data correlation. AI is built on the top of Data Science.z

Within healthcare research, AI is an often-used term, which remains both a vague and evocative expression to characterise the capabilities of machines (i.e., algorithms) to classify or stratify clinical cases or predict related conditions with high accuracy in some cases, even more accurately than human experts, and potentially reducing bias and human errors. (1) The multiplicity of definitions to some extent has been an inevitable consequence of the different technologies that have introduced novel high-tech capacities and capabilities to existing approaches or added entirely new ones. However, at the same time using a single term belies the point that AI is a uniform field. There are many different applications of AI in healthcare, and one would need to appreciate them as distinct and often unconnected events. For example, in healthcare, AI is normally used as a Clinical Decision Support (CDS) software (2), which is intended to provide information on the diagnosis, treatment, prevention, cure or mitigation of a disease or some specific patient condition. The final decision relies on the expertise of a specialised medical team. However, despite support in the decision-making process through an intelligent component, there are many other factors, apart from intelligence, which are essential in making a clinical diagnosis. A great clinician is not the one who knows better (more data), but rather the one who uses the knowledge (interpret data) and applies their clinical acumen, experience and wisdom based on the context to make a diagnosis. Importantly, for an experienced clinician, gut feeling is data too.

Healthcare is evolving rapidly and there are major areas where AI creates a silent revolution, for example, in imaging, where AI can substantially streamline radiologists work while improving the detection of breast cancer. (3) From a long-term economic perspective, AI will drive down the costs of high-volume, repetitive tasks in healthcare and, therefore, it is anticipated to have a major impact on healthcare economics. Additionally, as artificial intelligence implementation may also improve the early diagnosis of diseases, treatment will be simpler, less invasive and with increased success rates. However, AI algorithms rely on long-term knowledge (disease-specific datasets) that create a clear understanding of the disease and minimise the risk of mistaken decisions as such the impact of implementation is likely to be felt long-term. Lastly, there also exists some ethical aspects of using AI in the sensitive area of medicine: wrong decisions could be understood as an omission by the treating clinicians. This could lead to questions, such as: who is responsible if AI fails? Was it a mistake of the designer of the AI system? Was it a deployment mistake or a mistake of the AI end-user?

Specifically in cancer research, several initiatives over the last decade have resulted in the generation of large cancer datasets. These datasets are obtained from the detailed profiling of well-characterised tumour samples, using high-throughput platforms and technologies. The Cancer Genome Atlas (TCGA) is by far the most comprehensive, publicly available compilation of tumour profiles, including data types such as imaging, genomics, epigenomics, proteomics and histopathology. (4) Such detailed, publicly available information is used as the foundational resource to build predictive models and present the opportunity to integrate locally sourced research information with highly-referenced datasets. Many studies have shown the benefits of such integration, for example, training predictive AI-driven models on multiple integrated rather than singular data sources, has been shown to predict the targets and mechanisms of action of small anticancer molecules and improve overall prediction accuracy. Thus, there is reserved optimism that AI-driven research will result in improvements in cancer detection, staging and grading; drug efficacy and synergy; eventually resulting in a significant potential impact on patients outcomes.

However, there are also challenges present in the implementation of AI in cancer research, which go beyond the immediate technical requirements of different research approaches. Specifically, as AI relies on high-quality data and large volumes thereof it becomes clear that this might be a limiting entry point for low-and middle-income countries (LMICs), where high-quality data might not be available in large volumes or in some cases not available at all. Additionally, the affordability of required computational infrastructure and processing power might also prove challenging, as well as the availability of appropriately trained staff that would need to implement and operate such applications. Thus, the approach that AI-driven healthcare might take in LMICs might be distinctly different to those already tested in high-income settings, perhaps less uniform and more context-driven, so that it can be successfully adopted.

Conclusively, innovation is an essential ingredient for the growth and development of any organisation or an industry. Artificial intelligence implementation presents one such great innovation in the field of medicine and medical research, with high promise for advancing cancer research and eventually cancer care. However, in a fast-moving world that might require substantial steps from analogue to digital and AI, perhaps the latter needs to be context-specific (or region-specific) in its implementation to be successfully adopted in the longer term.

Disclaimer

Where authors are identified as personnel of the International Agency for Research on Cancer/WHO, the authors alone are responsible for the views expressed in this article and they do not necessarily represent the decisions, policy or views of the International Agency for Research on Cancer/WHO.

References

1. Cabitza F, Campagner A, and Balsano C. Bridging the last mile gapbetween AI implementation and operation: data awareness thatmatters. Annals of translational medicine 8.7 (2020).

2. Food and Drug Administration (FDA), Clinical Decision Support Software, (2019) https://www.fda.gov/regulatory-information/search-fda-guidance-documents/clinical-decision-support-software

3. Leibig C et al. Combining the strengths of radiologists and AI for breast cancer screening: a retrospective analysis. The Lancet Digital Health, Volume 4, Issue 7, (2022): 507-519, https://doi.org/10.1016/ S2589-7500(22)00070-X

4. National Cancer Institute (NCI), National Institutes of Health (NIH), USA. https://www.cancer.gov/about-nci/organization/ccg/research/structural-genomics/tcga

Editor's Recommended Articles

Follow Open Access Government

Read the rest here:
Artificial Intelligence implementation & cancer research - Open Access Government