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Monolith’s AI Tech to Accelerate Development of New Cars

March 7, 2022 | Articles

The length of time and cost involved in developing new cars could be halved in the future, thanks to an AI platform from software company Monolith. The London-based firm says its tech uses self-learning models to instantly predict the results of complex vehicle dynamics systems, in the process reducing the need for physical tests or simulations.

Ford and Argo AI’s Self-driving Test Vehicles Hit the Road in Nashville

March 4, 2022 | Articles

Ford and Argo AI’s self-driving test vehicles are venturing into new territory after being spotted on the road in Nashville earlier this week. Local news outlet The Nashville Post reported that one was observed circling The Gulch neighborhood – something of a surprise, as the Tennessee city has not previously been mentioned as a test center for Argo AI’s vehicles.

AI in Telecommunications: Defeating Complexity and Driving Revenue

March 3, 2022 | eBooks

In this guide, sponsored by Nuance, we explore how leading telcos are using AI to improve the customer service experience and prevent fraud. We explore case studies, get perspectives from organizations including AT&T and KPN, and look at the most compelling reasons for telcos to invest in AI. We hope you’ll find this a useful guide to what’s possible with

ArrePath Gets $20M Seed Financing to Advance ML-based Platform

March 3, 2022 | Releases

ArrePath, an anti-infective drug discovery company addressing the global health challenge of drug resistant infections, announced today that it has raised $20 million in seed financing to advance its proprietary, machine learning (ML)-based platform for the discovery of new classes of anti-infectives to overcome antimicrobial resistance (AMR).

Mobile World Congress 2022: Political and Technical Considerations to Achieve Responsible AI

March 2, 2022 | Articles

AI developers must avoid biases that could arise when designing algorithms, Ricardo Baeza, director of research at the Institute of Experiential AI at Northeastern University, has warned. Speaking at the Mobile World Congress in a session organized by the Catalan Data Protection Authority (APDCAT), Baeza stressed the need to avoid biases as well as the indiscriminate use of mass video

Mobile World Congress 2022: How to Deploy and Implement AI Ethically

March 2, 2022 | Articles

Artificial intelligence is being implemented across organizations all around the world – bringing vast opportunities but also opening the door to new risks. Nearly 80% of executives have encountered some type of ethical issue in AI, according to Manolo Almagro, managing partner at consulting firm Q Division during a session on ethical AI at Mobile World Congress 2022.

ECA launches first AI research center in Africa

March 1, 2022 | Articles

The United Nations Economic Commission for Africa (UNECA) and the government of Congo have launched a center devoted exclusively to advancing research and growth through artificial intelligence (AI). The African Research Centre on Artificial Intelligence (ARCAI), which was inaugurated on 24 February, is the first AI research center on the continent.

AI Drug Discovery Startup Insilico Sees Possible IPF Treatment Enter Human Trials

February 28, 2022 | Articles

Potential treatments for idiopathic pulmonary fibrosis (IPF) developed by AI drug discovery startup Insilico Medicine have entered human trials. The Hong Kong-based firm entered initial human trials for its IPF drug last November. IPF is a condition in which the lungs become scarred and breathing becomes increasingly difficult.

AI Roundup: U.S. Air Force and Kraft Heinz’s Plans for AI Plus Other News

February 25, 2022 | Articles

AI Business brings readers the latest in deals and products from across the AI world. This roundup covers autonomous fighter jets, lawsuit settlement for Facebook and more! >>> US Air Force and autonomous combat >>> Kraft Heinz and AI: Meatless hotdogs, anyone >>> Amazon, robotics and diversity >>> Facebook’s cookie problem >>> Accenture and the Metaverse >>> ABB robots and

Insight Partners Announces Completion of $20B+ Fundraise

February 24, 2022 | Releases

Global software investor, Insight Partners, today announced the final closing of its twelfth flagship fund, along with a dedicated co-invest fund that will participate in certain investments alongside the flagship fund ("Fund XII" or the "Fund") to invest in global high-growth technology, software and Internet businesses. Fund XII closed with total capital commitments in excess of $20 billion.

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