Artificial Intelligence is one of the most critical technologies 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. Just so you know, this news will focus more on business than technology.

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AI business, economy news – August 2022

Here is some interesting AI news this month:

• AI in China – AI is being used extensively in China, but there is always room for other applications.
• AI and Latin American economy – AI is set to transform the Latin American economy.
• AI help reduce food recalls – AI can help to reduce food recalls.
• AI patent inventor – US appeals court says artificial intelligence can’t be a patent inventor.

AI technology – August 2022

Here are some companies that are making the news in AI tech.

• Google AI kitchen – Google has announced the release of its AI kitchen, where you can experiment with the latest AI tech.
• AI cookieless tech – AI cookieless technology called SORT from Perion Network wins AI/ML award.
• GFP-Gan – New AI systems that can take old worn photos and make them new once again.
• Chatbot reduces wait times – NHS is trialling a chatbot that helps reduce NHS health wait times.
• LocoProp – A new technique for backpropagation developed by Google.

AI fintech – August 2022

Here are the significant movements in AI fintech this month.

• John Carmack’s AGI startup raises $20m – John co-founded Oculus and raises investment for his new AGI startup.
• Lily AI raises $25M – Lily uses the latest machine vision AI capabilities to help understand consumer behaviour.
• Airgram raises $10M – Airgram develop AI meeting assistant, has raised $10M
• HyperTrack raises $25M – HyperTrack, AI assisted logistics App builders, have raised more funding for growth.
• BigPanda raises $20M – AIOps company BigPanda raises a more investment with the help from UBS, and Well Fargo.
• Headroom raises 9M – Headroom, a company that hopes to solve virtual meeting fatigue with AI, raises new funds.
• Pliops raises $100M – Pliops develop data processing technology and has raised an additional $100M in funding.
• MarqVision secures $20M – Innovative intellectual property platform connects further funding for growth.
• Drover AI secures $5.4M – Drover AI, an AI IoT solutions company, secures Series A funding for growth.
• Amazon buys iRobot – Amazon has acquired a leading domestic robot manufacturing company, iRobot, for $1.7 Billion. This will bring AI robots with Alexa into the home.
• Jiminny raises $16.5M – Jiminny, a conversational intelligence company, raises $16.5 for future growth.

AI health/science – August 2022

Here are some of the top findings in science this month.

• Detect Parkinson’s from breathing patterns – New research using AI to detect Parkinson’s from breathing patterns
• Predicting illness with AI – Ab Dhabi health authority using AI to predict future illness.
• AlphaFold protein structure – Alphafold have revealed that they have now mapped over 200 million protein structures using AI. By knowing the protein structure, you can then apply the protein. This will help advance science even further.

AI government – August 2022

News and information from governments and organisations.

• AI used to improve living standards – Australian productivity commission says that living standards are behind other countries and AI/Big data can help improve.
• AI strategy for Scotland – Scotland has released their AI strategy.
• US AI risk playbook – US government released an AI risk management playbook.
• Defra review – Defra review on AI and automation in UK agriculture

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