Web data is driving AI development

Artificial Intelligence (AI) is fast shaping the world around us and is becoming increasingly important within business operations. In fact, research by Deloitte shows that 73% of IT and line-of-business executives see AI as an indispensable part of their current business. It’s clear to see there is great potential for AI in virtually all areas of our lives, but AI systems can only ever be as powerful as the information that they are built on. With huge quantities of very specific data...

AI & Big Data Expo 2021: Ethics, myths and making sense of data

A black and white drawing depicting artificial intelligence.

The global AI market is predicted to snowball over the next few years, reaching a $190.61 billion market value in 2025. By 2030, AI will lead to an estimated $15.7 trillion, or 26% increase in global GDP.

Industry analyst firm Gartner has also predicted that by 2022 companies will have an average of 35 AI projects in place. 

Of all the end-use industries, the market for manufacturing is expected to grow the fastest. Increasing data volume derived from the...

The UK is changing its data laws to boost its digital economy

Britain will diverge from EU data laws that have been criticised as being overly strict and driving investment and innovation out of Europe.

Culture Secretary Oliver Dowden has confirmed the UK Government’s intention to diverge from key parts of the infamous General Data Protection Regulation (GDPR). Estimates suggest there is as much as £11 billion worth of trade that goes unrealised around the world due to barriers associated with data transfers

“Now that we have...

Luca Boschin, CEO, VISUA: The complex and diverse world of Visual-AI

Luca Boschin, CEO, VISUA

AI News sat down with Luca Boschin, CEO and co-founder of Visual-AI solutions firm VISUA, to discuss the growth of the company’s offering in recent years and the latest trends in visual artificial intelligence.

AI News: What unique solutions do VISUA bring to the AI industry?

Luca Boschin: VISUA has applied Visual-AI (also known as computer vision or vision AI) to numerous use cases since our inception in 2016. This started with brand monitoring, where we process...

Cognizant: A “vicious cycle” is holding AI deployments back

A new study from Cognizant’s Center for the Future of Work has found that a “vicious cycle” is holding AI deployments back, with just 20 percent considered leaders that are powering ahead.

Few businesses are at the top of the “AI maturity curve,” according to Cognizant’s framework. Just 20 percent are considered AI leaders while the majority (61%) are “implementers” (defined as making progress, but not yet mature) or beginners (19%).

Respondents in the...

NVIDIA launches UK supercomputer to search for healthcare solutions

NVIDIA supercomputer

Nvidia’s ‘Cambridge-1’ is now operational and utilising AI and simulation to advance research in healthcare.

The UK’s most powerful supercomputer and among the world’s top fifty, Cambridge-1 was announced by the technology company in October last year and cost $100 million (£72m) to build.

Its first projects with AstraZeneca, GSK, Guy’s and St Thomas’ NHS Foundation Trust, King’s College London, and Oxford Nanopore Technologies include developing a...

Featured: AI News’ list of innovative companies to watch in 2021

Companies around the world have ramped up their AI deployments over the past year. As with any emerging technology, AI has brought significant opportunities but also its fair share of challenges.

In this feature, AI News takes a look at some of the most innovative companies leading the way in maximising the opportunities while minimising the challenges of artificial intelligence deployments. In alphabetical order:

Affectiva

Affectiva is an MIT Media Lab spin-off...

Dorian Selz, CEO, Squirro: Why the AI revolution will take time

Imagine you are riding in a fully driverless car - with no human controls - down a narrow countryside road, with no lights or road markings. Upon emerging from a twisting bend a flock of sheep confront you. What happens next?

These types of situations are what programs such as the MIT-developed Moral Machine have been looking to unlock. The site has for the past four years canvassed public opinion by presenting a series of ethical dilemmas: should an autonomous car...

Elif Tutuk, Qlik: On securing data literacy and the evolution of AI with BI

This time last year, a fascinating report from venture capital firm Work-Bench assessed the future of enterprise software.

The study argued that the largest technology companies were winning at artificial intelligence (AI) – not surprising, given they can hoover up all the best talent – but more importantly, business intelligence (BI) vendors wanting to ensure their future going forward needed to beef up their skillsets with AI. “Expect all modern BI vendors to release an...

We need to do better with our data – can citizen scientists make a difference?

Most people in IT know that the role of the data scientist is growing in importance and many will know that the result of this demand means there is a shortage of people with the necessary skills to do the job. Search for the term “data scientist” and LinkedIn will return over 287,000 responses; data scientists are very much in demand and their services do not come cheaply. Six-figure salaries are mainstream.

First, let me try to define my terms, because data science is a...