Category: AI

AI

Japan’s Defense Ministry to launch ‘game-changer’ research center

Colin Henderson

12 hours ago Japan’s Defense Ministry is planning a new research center to develop defense equipment that harnesses cutting-edge technology. The move comes as the United States, Russia, China and others are racing to develop so-called “game-changer” weapons that can transform the nature of combat. Drones and hypersonic missiles are examples of such weapons. The ministry is also aware of the need to develop potential game-changing equipment. It decided to open the new research center in October, under its Acquisition, Technology and Logistics Agency. Ministry officials want the lab to develop autonomous vehicles that can navigate in darkness by using … Continue reading Japan’s Defense Ministry to launch ‘game-changer’ research center

AI

Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

Colin Henderson

DOWNLOADS McKinsey technology trends outlook 2024 Full Report (100 pages) Despite challenging overall marketconditions in 2023, continuing investments in frontier technologies promise substantial future growth in enterprise adoption. Generative AI (gen AI) has been a standout trend since 2022, with the extraordinary uptick in interest and investment in this technology unlocking innovative possibilities across interconnected trends such as robotics and immersive reality. While the macroeconomic environment with elevated interest rates has affected equity capital investment and hiring, underlying indicators—including optimism, innovation, and longer-term talent needs—reflect a positive long-term trajectory in the 15 technology trends we analyzed. Share Sidebar What’s new in … Continue reading Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.

AI

Full list of AI projects -UK

Colin Henderson

This is a full list of projects backed by £32 million to boost productivity. From: UKRIPublished: 7 August 2024 Documents Full list of AI projects backed by £32 million (PDF) PDF, 94 KB Details This is a full list of projects backed by £32 million to boost productivity. Related content AI projects backed by £32 million to turbocharge productivity This is the website for UKRI: our seven research councils, Research England and Innovate UK. Let us know if you have feedback or would like to help improve our online products and services. Our councils AHRC BBSRC ESRC EPSRC Innovate UK MRC NERC Research England STFC Continue reading Full list of AI projects -UK

AI

AI to reduce train delays, speed up NHS prescriptions and train construction workers gets £32 million boost

Colin Henderson

Government unveils AI projects to improve productivity and public services supported by a share of £32 million. Department for Science, Innovation and Technology Government forges ahead with plans to improve the lives of working people with cutting-edge technology, supporting 98 AI projects with a share of £32 million. New technology innovations set to improve efficiency of prescription deliveries, reduce train delays and help ensure the UK has a skilled construction workforce. Winning projects span the UK, and funding will benefit over 200 businesses and research organisations. Companies developing artificial intelligence (AI) to improve safety on construction sites, reduce time spent repairing the … Continue reading AI to reduce train delays, speed up NHS prescriptions and train construction workers gets £32 million boost

AI

AUKUS takes another step forward with real-time AI trials

Colin Henderson

AUKUS takes another step forward with real-time AI trials AUKUS nations test AI-enabled uncrewed aerial vehicles that allow a human operator to locate, disable and destroy targets on the ground. Defence Science and Technology Laboratory AI-enabled aerial vehicles support the disabling of ground targets Trials saw seamless exchange of data between AUKUS nations Ground-breaking exercise highlights continued progress on Pillar 2 technology work In a significant landmark for AUKUS, the 3 nations have trialled a futuristic integration of autonomy and artificial intelligence (AI) for the first time. Testing saw the deployment of a series of AI-enabled uncrewed aerial vehicles that allow … Continue reading AUKUS takes another step forward with real-time AI trials

AI

Why Nvidia Is Still the Undisputed King of AI

Colin Henderson

Nvidia, like Apple, shows that if you want to become a giant, you’ve got to be as good at software as you are at hardware Nvidia CEO Jensen Huang. PHOTO: ANNABELLE CHIH/BLOOMBERG NEWS By Christopher Mims Aug. 9, 2024 at 9:00 pm ET Listen to article Length (9 minutes) Nvidia is famous for building AI chips, but its most important construction is a business bulwark that keeps customers in and competitors out. This barrier is made as much of software as it is of silicon. Over the past two decades, Nvidia has created what is known in tech as a “walled garden,” not unlike the one … Continue reading Why Nvidia Is Still the Undisputed King of AI

AI

Embedded finance marks a shift of traditional financial services

Colin Henderson

Embedded #finance is a fairly simple concept that can however become quite complex when looking at it from a business model and an industry opportunity perspective. Let me try to simplify. Embedded finance marks the shift of traditional financial services transitioning and integrating into the new economy, the so-called open economy. This transition is dominated by a few key drivers: — It completely revamps the traditional value chain, redefining the role of existing actors and introducing new ones — It drastically changes how customers consume financial services, across 3 axes: the how (new distribution channels), the when (24/7 vs specific time windows) … Continue reading Embedded finance marks a shift of traditional financial services

AI

Microsoft, Palantir Team Up to Sell AI to US Defense, Intelligence Agencies

Colin Henderson

By Dina Bass and Lizette Chapman August 8, 2024 at 6:59 AM EDT Microsoft Corp. and Palantir Technologies Inc. are combining their government cloud-computing and artificial intelligence tools in a bid to sell software, including OpenAI’s GPT-4, to US defense and intelligence agencies for top-secret tasks. As part of the agreement, Palantir will integrate its products with Microsoft’s Azure cloud services for government customers, including tools meant for confidential use, and will adopt Microsoft’s Azure OpenAI service inside these secretive clouds. The combination of products will let US defense workers handle tasks like logistics, contracting and action planning, the two companies said Thursday in a statement.  … Continue reading Microsoft, Palantir Team Up to Sell AI to US Defense, Intelligence Agencies

AI

How chip giant Intel spurned OpenAI and fell behind the times

Colin Henderson

Max A. CherneyAugust 7, 20243:23 PM EDTUpdated an hour ago SAN FRANCISCO, Aug 7 (Reuters) – For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial intelligence, four people with direct knowledge of those discussions told Reuters. Advertisement · Scroll to continue Over several months in 2017 and 2018, executives at the two companies … Continue reading How chip giant Intel spurned OpenAI and fell behind the times

AI

Generative AI – what kind of support can it offer and provide in a defense context

Colin Henderson

“Hello, and welcome to RUSI Journal Radio. I am Emma De Angelis, editor of the RUSI Journal, and I’m joined today by Ed Mortimer, deputy editor. Hello, everyone. Today, we are joined by Major Patrick Hinton, who serves in the British Army’s Royal Artillery and has experience working with ground-based air defense systems and remotely piloted air systems. He was the chief of the General Staff’s visiting fellow in the Military Sciences Research Group at RUSI until the end of August, 2023. And his research interests include the integration of remote and autonomous systems into land forces, as well as … Continue reading Generative AI – what kind of support can it offer and provide in a defense context