AI targets cryptocurrency ‘pump-and-dump’ schemes

Pump-and-dump schemes result in serious penalties in regulated markets, but in the wild west of cryptocurrencies, they’re a regular occurrence. For those unaware, a pump-and-dump is typically a group of individuals who use their combined buying power to artificially inflate the price of an asset before selling off near its peak. Outsiders believe the price is a sign of increased interest and end up buying high. Anonymous messaging app Telegram is often used for organising these groups,...

6 December 2018 | Blockchain

Baidu sets record for AI patents in China with 2,368 filings

Baidu, often considered China’s equivalent of Google, has set a record for the number of AI-related patents filed in the country. The search engine giant has filed 2,368 AI patents in China according to PPAC’s Analysis on Artificial Intelligence Patents report. Baidu’s patents are followed by the Chinese Academy of Sciences (2036), Microsoft (1648), Tencent (1168), and Samsung (1047). The report notes Baidu started late in filing applications, but the company quickly exceeded...

5 December 2018 | China

How researchers are bringing AI-enabled radiology to rural India

Providing quality health services and screening to rural populations in a nation as large as India is extremely challenging: 67 percent of the Indian population resides in rural areas; 90 percent of medical imaging facilities are in cities; And there are only three radiologists per million people in the country. While educational health programmes have raised awareness of the importance of medical screening across India; this, in turn, has increased workloads for the few available...

5 December 2018 | Healthcare

Nvidia’s AI can turn real-life videos into 3D renders

Nvidia has developed an AI which can turn real-life videos into 3D renders – making creating games and VR experiences simpler. Creating 3D renders is a painstaking and time-consuming process requiring specific skills and can be incredibly costly. By reducing the barriers, Nvidia could enable more ideas to move from concept into reality. During the NeurIPS AI conference in Montreal, Nvidia set up a dedicated area showing its technology. The company used its DGX-1 supercomputer for the...

4 December 2018 | Entertainment

DeepMind is using AI for protein folding breakthroughs

Protein folding could help diagnose and treat some of the worst diseases, and DeepMind believes AI can speed up that process. Conditions such as Alzheimer’s, Parkinson’s, Huntington’s, and cystic fibrosis are suspected to be caused by misfolded proteins. Being able to predict a protein’s shape enables a greater understanding of its role within the body. Previous techniques used for determining the shapes of proteins – such as cryo-electron microscopy, nuclear magnetic resonance, and...

3 December 2018 | Healthcare

AI robot CIMON makes its International Space Station debut

Astronauts on the International Space Station (ISS) have been joined by an AI robot called CIMON. The current ISS commander, German astronaut Alexander Gerst, was first to speak with CIMON. Gerst said “Wake up, CIMON” which prompted the robot to respond “What can I do for you?” CIMON and Gerst’s first assignment was to perform a student-designed experiment with crystals. The robot, after recognising Gerst’s face and positioning itself autonomously, provided instructions on how to...

30 November 2018 | IBM

Qualcomm is setting aside $100 million for AI venture investments

AI is going to be incredibly valuable. You know it, I know it, and Qualcomm is betting on it by setting aside $100 million to invest in promising startups. The chip giant is specifically looking at startups building on-device AI technologies. We’re increasingly seeing NPUs (Neural Processing Units) debuting in the latest devices, so it’s little surprise to see Qualcomm seeking to fund technologies which may provide an edge. Steve Mollenkopf, CEO of Qualcomm Incorporated, said:

29 November 2018 | Funding

AI tags potential criminals before they’ve done anything

British police want to use AI for highlighting who is at risk of becoming a criminal before they’ve actually committed any crime. Although it sounds like a dystopian nightmare, there are clear benefits. Resources and outreach programs can be allocated to attempt preventing a crime, stop anyone becoming a victim, and remove the costs associated with prosecuting and jailing someone. With prisons overburdened and space limited, reducing the need to lock someone up is a win for everyone....

28 November 2018 | Law Enforcement

Uber’s AI beats troublesome games with new type of reinforcement learning

Video games have become a proving ground for AIs and Uber has shown how its new type of reinforcement learning has succeeded where others have failed. Some of mankind’s most complex games, like Go, have failed to challenge AIs from the likes of DeepMind. Reinforcement learning trains algorithms by running scenarios repeatedly with a ‘reward’ given for successes, often a score increase. Two classic games from the 80s – Montezuma’s Revenge and Pitfall! – have thus far been immune to...

27 November 2018 | Reinforcement Learning

How to be a data scientist: Get ‘deeply involved’ in big data and cloud to build high quality AI products

If you want to become a data scientist, then there are various skills you need in your arsenal. Having good knowledge of programming, statistics and data visualisation – not to mention the importance of machine learning – are obvious. But sometimes, the most important aspect is finding a company which fits your needs. “Someone had to say it,” wrote Jonny Brooks-Bartlett, data scientist at Deliveroo in a Medium post in March on the difficulties those in the industry faced. Admitting he...

26 November 2018 | Machine Learning