A groundbreaking smart mirror has been unveiled at CES 2024, offering a unique blend of AI technology and self-improvement features. Baracoda’s BMind smart mirror has gained recognition in the industry for its ability to analyze and adapt to the user’s mood, enhancing their state of mind through affirmations, visuals, and therapeutic sessions.… Read the rest
Government Agencies Making Progress on AI Initiatives
Government agencies in the United States are making significant progress in meeting the early deadlines set by President Joe Biden’s executive order on artificial intelligence (AI). The Office of Management and Budget, Office of Personnel Management, General Services Administration, National Science Foundation, and Department of Labor are all on track with the requirements outlined in the order.… Read the rest
New York Governor Proposes Empire AI Consortium to Drive Innovation in Artificial Intelligence
Summary: New York Governor Kathy Hochul has put forth a proposal to establish the Empire AI consortium, aimed at promoting research, job creation, and unlocking opportunities in the field of artificial intelligence (AI). The plan involves the creation of a cutting-edge AI computing center in upstate New York, with the University at Buffalo being considered as a potential location.… Read the rest
Quantum AI: Revolutionizing the Future of Payments
A groundbreaking technological advancement is on the horizon that could revolutionize the payments industry as we know it. Quantum AI, the convergence of artificial intelligence (AI) and quantum computing, holds immense potential to transform various aspects of payments, from security to customer service.… Read the rest
Nvidia Expands Partnerships for AI-Powered Drug Discovery
Nvidia is making significant advancements in the field of artificial intelligence (AI)-powered drug discovery and development. The tech company has announced expanded partnerships with Amgen Inc. and Recursion Pharmaceuticals Inc. to further accelerate these efforts.
Amgen’s subsidiary, deCODE Genetics, will be utilizing an Nvidia supercomputer to create genomics “foundation models” for drug discovery.… Read the rest
New Innovations in Healthcare: Medtronic’s AI-powered Solutions
Medtronic, the world’s largest medical device maker, is harnessing the power of artificial intelligence (AI) to revolutionize the healthcare industry. At the 42nd Annual J.P. Morgan Healthcare Conference, CEO Geoff Martha highlighted five AI-driven products developed by Medtronic that are already making waves in the market.… Read the rest
Volkswagen to Integrate AI Software in Manufacturing: Revolutionizing the Automotive Industry
In a ground-breaking announcement at the Consumer Electronics Show 2024 (CES 2024), Volkswagen, one of the leading car manufacturers, revealed its plans to incorporate Artificial Intelligence (AI) software in the manufacturing process. This significant development was showcased in collaboration with technology partner Cerence in Las Vegas.… Read the rest
AI to Drive Job Growth in the IT Industry
According to a recent analysis by tech consultancy Janco Associates, the IT industry in the US added only 700 jobs in 2023, compared to 267,000 jobs the previous year. While the numbers are concerning, they are not entirely surprising, given the significant layoffs that have occurred in the industry recently.… Read the rest
The Transformative Impact of Artificial Intelligence on the Future of Work
Artificial intelligence (AI) has become a widely discussed topic in recent years, with many recognizing its potential to disrupt various industries. Surveys of CEOs predict AI to be the most disruptive technology by 2024. The integration of AI into the workforce offers numerous benefits, such as increased efficiency and productivity, enhanced data analysis, and automation of routine tasks.… Read the rest
The Impact of AI on Jobs: Safest and Most At-Risk Positions
A recent study conducted by investment bank Goldman Sachs has shed light on the future of jobs in the era of Artificial Intelligence (AI). Experts predict that AI could potentially replace approximately 300 million full-time jobs in the coming years. The study highlights that AI has the potential to take over a quarter of work tasks in the USA and Europe.… Read the rest