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Tag: artificial intelligence (page 1 of 27)

UN Chief urges moratorium on AI use that infringes on basic human rights

The United Nations chief is calling on a moratorium on the use of artificial intelligence that poses a serious threat to human rights. Such technologies, like face scanning, social scoring etc, can have negative and catastrophic impacts, said Michelle Bachelet, UN High Commissioner for Human Rights. UN Commerce Secretary Gina Raimondo also added a point about preventing discrimination in AI training.

Source: Time

New Report says Facebook in process of developing ML Chips

Facebook is developing a Machine Learning chip with capabilities to handle content recommendations to users, said a report by The Information. Another chip for video transcoding has already been developed by Facebook, the report elaborated. The move comes amidst a time when tech giants like Apple, Google, etc. are choosing to develop their own chips, instead of relying on external providers to save on cost and time.

AI to assist Chennai cops to solve cybercrime from now

The Chennai city police are setting up an AI-driven cybercrime lab at Vepery. Once active, it will help police to live-track phones, and break into VPNs much faster with next-generation gadgets. While 90% of cases reported in the city are linked to cybercrimes, current tracking of culprits takes up to two days. Being constructed for ₹5.6 cr, the new lab will enable police to get results and catch culprits in just five minutes, with the help of an IP address or a phone number.

TCS, Wipro, 3 others to implement data analytics project at  SEBI

Five companies – TCS, Wipro, Capgemini, L&T Infotech, and NEC Corp India – have been shortlisted by SEBI for the implementation of data analytics projects. In an effort to address and handle challenges arising out of technological advances in markets, selected firms are expected to build analytical models with AI and ML. Then, the analytical development will be done according to regulator SEBI’s requirement.

Source: The Hindu

Assam govt schools get AI-based system as RailTel completes deployment

Deployment of an AI-based ID and attendance system has been completed by RailTel for govt schools in Assam. The system will capture attendance across elementary, secondary, and higher secondary schools across Assam. With a total cost of ₹19.2 cr, RailTel completed the project in four months. The project will help modernize the schools and manage the student database. End-user training for system operation was also provided by RailTel.

Source: Zee Business

Indian enterprises to spend up to $2B on analytics, big data in 2021: IDC

With Indian enterprises these days basing decision-making on real-time data, big data analytics has seen an increase in investment and is poised to grow 11.5% in 2021. Led by the banking and telecom sector, the investment will touch $2B according to research firm IDC. Realising the importance of AI and ML, telecom and banking are expected to contribute up to 30% of total spending on big data analytics.

Source: YourStory

IBM introduces AI-focused Telum chips

Telum, a chip with Artificial Intelligence inferencing acceleration was revealed by Big Blue, IBM. The new chip, containing eight cores, will be able to perform high-level tasks such as fraud detection, while a transaction is in progress. It has a clock frequency of over 5GHz, scalability up to 32 Telum chips, and with 32Mb cache per core. The first system with the chip will be produced in the first half of 2022.

Source: Zdnet

 

AI-powered job search firm Hiration raises ₹21cr

In new funding led by Prime Venture Partners, Venture Highway, and Y Combinator, Hiration has raised ₹21cr. The fresh capital will be used to further product development and scale-up India and US operations. Having already serve 500,000 customers from 75 global universities, the company provides support to customers at various stages of job selection. Resume writing, optimisation, and design are their core product.

Source : PR Wire

 

AI-based app helping to detect Cataract in Tamil Nadu

Award-winning AI-based app E-Parvaai allows healthcare workers to detect cataract on the spot with a 91% accuracy. Tamil Nadu currently has 22,700 registered Cataract patients, with untreated cataracts being the number one cause of blindness in the state. E-Parvaai has so far scanned 1400 people in 14 districts including Cuddalore, Nagapattinam, and Dharmapuri during the pilot phase and soon be expanded to other districts of the state.