AI Roundup: Fast developments in AI are happening each day as may be gauged by the bulletins by corporations, massive and small. IIT Bombay has introduced a brand new Chair Professorship in generative AI in collaboration with Google Cloud; Tencent Holdings is getting ready to announce its new AI chatbot quickly.
All this, and extra in at this time’s AI roundup.
1. India’s Apollo Hospitals associate with Google to supply AI-powered telemedicine
Harnessing the facility of AI, India’s Apollo Hospitals on Wednesday introduced its partnership with Google Cloud to offer AI telemedicine and on-line physician session services throughout the nation. In keeping with a PTI report, the hospitals’ partnership will end result within the improvement of an AI-powered medical determination help system, together with AskApollo service. Shobana Kamineni, Apollo Hospitals vice-chairperson mentioned, “Entry to well timed and correct well being data is an actual problem in India, and our partnership with Google Cloud is poised to deal with it by numerous collaborations.”
2. Fintech corporations leveraging AI to detect cash laundering
On the ongoing International Fintech Fest 2023 in Mumbai, Rajesh Mirjankar, MD of Kiya.ai, mentioned that fintech corporations are harnessing the facility of AI to detect cash laundering patterns and fund siphoning. As per an ANI report. the corporations use AI to scan volumes of knowledge as technological developments have reworked the investigative practices of govt establishments. “Now we’re not solely scanning the massive volumes of knowledge for our govt purchasers and establishments, not simply information but in addition patterns, social profiles, firm profiles and how much enterprise that firm does and importantly, detect the place you say cash motion has occurred as siphoning if you take a mortgage, and many others,” Mirjankar mentioned.
3. US to put money into AI arsenal to counter China
To counter the risk posed by China, america Division of Protection is planning to develop an unlimited arsenal of AI-powered air, land, and sea drones and autonomous programs, the Wall Road Journal reported on Wednesday. As per the report, Kathleen Hicks, the deputy secretary of protection in a speech on Wednesday will lay out the US’ plans to spend a whole lot of tens of millions of {dollars} in growing “small, sensible, low-cost” AI programs.
4. Tencent teases launch of latest AI chatbot
Because the AI race in China heats up, Tencent Holdings on Wednesday teased a brand new AI chatbot by way of a social media put up. Reuters reported that the Chinese language know-how large posted a teaser on the nation’s social media platform WeChat, selling its upcoming two-day summit, whereas additionally revealing a demo of an AI chatbot serving to a person create promotional supplies. This information comes after two different Chinese language corporations Baidu and SenseTime launched their very own AI chatbots final week.
5. IIT Bombay declares Chair Professorship in generative AI
In a bid to encourage college students to take up AI of their research, the Indian Institute of Expertise Bombay on Wednesday introduced a brand new collaboration with Google Cloud India to determine a “Chair Professorship” in generative AI. As per a PTI report. This Chair Professorship is geared toward enhancing the analysis in academia whereas additionally strengthening collaborations. nil Bhansali, VP-engineering and head of India improvement middle, Google Cloud mentioned, “The intention is to offer educational and technical management in generative AI and provoke and supply skilled steerage in R&D packages supported by authorities companies and by the trade. These will allow innovators of tomorrow to be outfitted with the proper abilities and assets.”