Articles for category: AI

November 13, 2024

Hitachi Energy unveils Nostradamus AI, revolutionizing energy forecasting with unmatched accuracy, optimizing investments, and enhancing grid reliability amidst growing demands.

Hitachi Energy has launched Nostradamus AI, a cutting-edge tool designed to enhance forecasting in the energy sector. This innovative AI delivers quick and precise predictions for renewable energy, load demands, and Market prices, boasting accuracy improvements of over 20% compared to traditional methods. The tool processes data from various sources, allowing energy operators to make ...

November 13, 2024

Market News

FungiFriend, an AI chatbot, jeopardizes mushroom foragers by giving dangerous cooking advice, raising serious safety concerns.

A new AI chatbot named “FungiFriend” was recently introduced in a popular Facebook group for mushroom identification, raising concerns about safety in foraging. This chatbot mistakenly advised users on how to cook a potentially poisonous mushroom, illustrating the risks of relying on AI for mushroom foraging guidance. Experts like Rick Claypool highlight that AI tools ...

November 12, 2024

Market News

Samsung’s eagerly anticipated One UI 7 update arrives soon, but many sought-after AI features will be delayed until a later version.

Samsung’s highly anticipated One UI 7 update is nearing release, based on Google’s Android 15. While it promises exciting features like AI notification summaries and redesigned emojis powered by Samsung’s AI, the first version won’t include most of these features. Instead, users can expect mainly visual enhancements. The full rollout is set to begin with ...

November 12, 2024

Market News

Writer secures $200 million funding to dominate the enterprise generative AI market, aiming to enhance advanced, autonomous AI solutions.

Writer, a leading generative AI platform focused on enterprises, has successfully raised $200 million in its Series C funding round, valuing the company at $1.9 billion. This round was co-led by notable investors such as Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from other major firms like Salesforce Ventures and Adobe Ventures. CEO ...

November 12, 2024

Market News

AI tools are transforming farming, enabling crop consultants to unlock vital data for enhanced seed and crop protection strategies.

Artificial intelligence is set to revolutionize agriculture by assisting farmers with seed selection and crop protection. Land O’ Lakes and WinField United are developing an innovative AI tool designed to give crop consultants easier access to extensive historical data. This technology aims to provide farmers with the insights they need to make informed decisions, enhancing ...

November 12, 2024

Market News

Alibaba launches Accio, an AI-powered search engine enhancing small business sourcing, boosting purchase intent by 40% at Canton Fair.

Alibaba has introduced an AI-powered search engine named Accio, designed specifically for small businesses in Europe and the Americas to streamline sourcing. Unveiled at the Canton Fair in Guangdong, China, Accio uses technology similar to ChatGPT, resulting in a 40% increase in purchase intent for users compared to traditional search engines. The tool supports multiple ...

November 12, 2024

Market News

Jumio partners with LatticeFlow AI to enhance identity verification, ensuring compliance with stringent EU AI regulations and reducing fraud.

Jumio has partnered with LatticeFlow AI to enhance the security and reliability of its identity verification platform. This collaboration focuses on using LatticeFlow’s advanced AI technology to improve model fairness and reduce fraud, helping Jumio comply with new regulations, especially the EU’s Artificial Intelligence Act. With these improvements, Jumio aims to proactively identify risks and ...

November 12, 2024

Market News

Tether unveils a groundbreaking open-source wallet kit, empowering businesses and AI to control non-custodial assets seamlessly.

Tether, the largest stablecoin issuer, recently introduced an open-source wallet development kit (WDK) aimed at helping businesses and developers easily integrate non-custodial wallets into their websites and apps. Launched on November 11, the WDK supports both human users and AI agents, providing full control over digital assets like USDT and Bitcoin. With features designed for ...

November 12, 2024

Market News

Researchers unveil an AI tool that tracks locations through microorganisms, revealing unprecedented potential for medicine, forensics, and disease control.

Scientists have developed a groundbreaking AI tool that can track your location by analyzing microorganisms found on your body. This innovative method, known as Microbiome Geographic Population Structure (mGPS), creates a unique “fingerprint” of the microorganisms that vary depending on where you’ve been. Unlike GPS, which relies on satellites, this tool can identify whether you’ve ...

November 12, 2024

Market News

An AI advocacy group urges Trump to appoint Elon Musk as advisor, highlighting his safety focus amid technological advancements.

A petition from Americans for Responsible Innovation is urging President-elect Trump to appoint Elon Musk as a special adviser on artificial intelligence (AI). The group emphasizes Musk’s contributions to AI safety and advancement, highlighting his experience as CEO of Tesla and his recent startup, xAI. They argue that Musk is well-equipped to guide the Trump ...