In this article: UCLA researchers have developed a deep-learning framework that can quickly analyze and diagnose MRIs and other 3D medical images. The system achieves accuracy comparable to that of medical specialists, but in a fraction of the time. This work has been published in Nature Biomedical Engineering. Unlike other models, this framework is adaptable […]
Benefits of AI
In this article: The latest Global Financial Stability Report by the International Monetary Fund (IMF) highlights the dual nature of artificial intelligence (AI) adoption in financial markets, emphasising both its potential benefits and inherent risks. Reportedly, the IMF has conducted extensive outreach to various stakeholders—from investors to technology providers to market regulators—to demonstrate how financial institutions are […]
In this article: The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of check fraud in fiscal 2024 alone, according to new estimates shared first with CNN. […]
In this article: Small business owners see AI’s potential for automation and transformation, yet concerns remain. This seven-step program will help AI implementations get off on the right track. How Small Businesses Can Take Advantage of AI (techtarget.com)
In this article: Khosla, one of the TIME100 Most Influential People in AI in 2024, is a firm believer that AI can replace jobs, including those performed by teachers and doctors, and enable a future where humans are free from servitude. “Because of AI, we will have enough abundance to choose what to do and what not […]
In this article: Digital advancements, while beneficial, have inadvertently simplified the mechanisms for scammers. However, they also equip compliance and risk teams with innovative tools to enhance their Anti-Money Laundering (AML) and Know Your Customer (KYC) frameworks. A significant advancement is the integration of AI in improving the entity resolution process, crucial for identifying potential […]
In this article: Researchers at Robert Gordon University have used artificial intelligence (AI) to identify patients at risk of suffering a stroke. The team used cutting-edge explainable AI (XAI) methods and a machine learning algorithm, named Random Forest, to pinpoint the most significant factors contributing to a stroke. The risk factors the team identified included age, […]
In this article: The agricultural industry is one of many sectors harnessing the power of AI. From increased profitability to enhanced productivity, this new technology has the potential to revolutionise farming, says Professor Francesca Protano, head of R&D technology strategy and competence centres, CNH Industrial OPINION: Reaping the benefits of AI | Industrial Vehicle […]
In this article: The newly adopted EU AI Act represents a pivotal milestone that heralds a new era of AI regulation across industries. With its broad territorial scope and applicability, this comprehensive legislation establishes stringent requirements for AI systems. This article, analyzes the AI Act’s impact on digital medical products, such as medical devices: How […]
In this article: The U.S. health tech market was valued at $141 billion in 2023 and is projected to be worth around $829 billion by 2034 according to data from Precedence Research. The article focusses on local health care professionals to find out what they believe are the most important health tech innovations today and how […]
