Artificial Intelligence is one of the most critical technologies of this century.

The development and application of AI technology change daily. To be ahead of the curve, I spend a lot of time analysing, filtering and distilling the latest insights for all my clients.

Here are just a few interesting AI, ML, Big data, analytics, business, and technology news and articles that caught my eye this month. This news is going to focus more on business rather than technology.

Please feel free to share with others.

AI in business  – July 2022

AI is being used heavily in the commercial sector. I like to see how it is being used to good effect. This can help other businesses get the best out of the technology.

• Trading central wins several awards – Trading central wins several AI awards.
• Reduce electricity consumption – Accenture Uses AI to reduce electricity consumption
• Palantir named top AI company – Palantir named leading AI platform by Forrester.
• Dataiku joins Deloitte alliance scheme – AI supremos Dataiku join the Deloitte alliance family.
• Clearview fined again by EU – Clearview has been fined for the 3rd time by the EU government for breaches in GDPR.
• IBM acquires databand – IBM boosts its data observability by purchasing Databand.
• Viettel partner with NVIDIA – Vietnams Telecoms company Viettel teamed up with NVIDIA for its AI initiatives.
• AI tech acquisition – Diageo snaps up Vivanda, Flavorprint AI flavour-matching AI tech owner.

AI in fintech – July 2022

Here are a few companies making headlines in AI/Fintech.

• AI21 raises $64M – AI21 plan to use the investment to help change the way people read and write using AI
• Bobidi raises $5.8M – Bobidi raises $5.8 for their Bug Bounty Platform for AI models.
• Fairplay raise $10M – Fairplay secure $10m to help growth.
• EdgeIQ raises $8.5M – EdgeIQ, a leading DevOps platform, raises money for future growth.
• Crushbank raises $5.5M – Crushbank raises $5.5M to accelerate delivery of AI, machine learning-based product enhancements.
• Theatre raises $24M  – Surgical Intelligence platform Theatre raises $24M
• Cohere raises $40M – NLP specialists raise $40M to help businesses access NLP.
• BlackSky raises $4.4M  – BlackSky Wins $4.4 Million for AI Space-Based Dynamic Monitoring.
• CardiaTec raises £1.4M – Cambridge AI cardiovascular drug discovery company raises funds for growth.
• Detect Technologies raises $28M – Industrial AI experts Detect Technologies secures $28M investment.
• Wysa raises $20M – AI mental health company secures next round of funding.
• BriBooks raises $1.5M – AI-powered publishers have raised 1.5M.
• Wise works raises $1M – Wise jobs raises 1M for its automated tools used in the financial industry.
• Speechmatics raises $62M – Speechmatics, a leading AI speech recognition technology company, has raised $62M for expansion.
• Promoted.ai raises $6M – Realtime data streaming platform that uses AI for data optimisation.
• VistaPath raises $4M – Cutting-edge AI, computer vision technology for pathology.
• Inspectiv raises $16M – Cybersecurity firm raises $16M for its ML/AI security platform for businesses.

Research news – July 2022

• Cloud spending up – IDC has indicated that cloud spending was up 17.2% this first quarter to $18.3 billion. This covers dedicated and shared environments.
• VR industry outlook – IDC has released some exciting research on the VR market and how it will change in the next few years.

AI technology – July 2022

• Deepmind protein folding – Deepmind uses AI to help map every protein.
• BLOOM has launched – (BigScience Language Open-science Open-access Multilingual) 176 billion parameters model.
• Meta release Sphere – The AI model checks citations on Wikipedia.
• Nvidia AI Enterprise updates its AI – It also supports open-source technology.
• UC Berkeley develops super learning robots – UC Berkeley uses accelerated learning to help put robots on their feet quickly.
• New AI model 1,200 times faster – New AI model 1,200 times faster at finding promising drug treatments.
• AI model finds potential drug molecules – New research finds drug molecules.
• AI checks Wikipedia – AI model developed by Meta checks Wikipedia for accuracy.
• Greater AI image control – Meta is developing new methods of controlling AI-generated artwork.
• AI chip format – Leading chip manufacturers are pressing for new AI chip standards.
• Analogue AI chips – New framework for analogue AI chips.

AI tech applications – July 2022

Here are a few interesting Artificial Intelligence (AI) applications and usage cases. This will help inspire what is possible with Artificial Intelligence.

• Vodafone is developing AI – How Vodafone has teamed up with Google for their AI.
• AI used at Wimbledon tennis – AI used to analyse games and give vital stats.
• AI to reduce food waste – Supermarket chain in South Africa using Artificial Intelligence to reduce food waste.
• AI sea safety – AI developed to identify dangerous currents to keep bathers safe in Japan.
• AI used to diagnose mental disorders – Interesting over-arching view of how AI can help diagnose mental disorders.
• AI predicts crime – Interesting article on how AI is helping predict crime in US cities.

AI government – July 2022

News and information from governments and organisations.

• AI looking bright in the Middle East – Interesting article on the future of AI in the Middle East.
• UK government regulatory model – UK government is looking at the regulatory model.
• White house highlights cloud expansion – The White House has indicated that Cloud Investment is key to AI.
• WHO and I-DAIR to Partner up – The WHO and I-DAIR to Partner or International Research in Artificial Intelligence (AI) and Digital Health.
• Spanish government AI sandbox – Spanish government have set up an AI sandbox ahead of the EU.
• UK government looking into AI IP – The UK government is busy looking into AI Intellectual Property, patents and more.
• UK government research centre – UK government launched a new research centre.
• Alan Turing Institute agreement – New agreement between Alan Turing Institute and the Norwegian AI Research Consortium.

AI discussion and thinking – July 2022

• Blake Lemoine dismissed from Google – After long leave, Blake was dismissed from Google for violating the terms of his employees about the LaMDA sentient discussion.
• Interesting Deep Learning and AGI discussion with Lex Fridman and Oriol Vinyals (Deepmind).

Feel free to contact me today

I invest many hours researching the latest AI, technology, and business trends for all my clients. The knowledge is refined, distilled, and combined with many other forms of analysis and expertise to give the best advice possible. 

I can get the best out of AI by:

• Spotting the latest AI opportunities for your company
• Pinpointing the best AI experts for your project or company
• Giving the best advice on AI strategy and approach
• Helping extract the most value out of  AI
• …and lots more, please feel free to contact me today