Monday, May 20, 2024

AITech365’s Weekly Roundup: Discover the Most Recent News From Intel, WiMi Hologram Cloud, Spectro Cloud, Lilt!

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Here is AITech365’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.

In Augmented Reality news this week…

WiMi Developed Attribute Key Access Control Technology

WiMi Hologram Cloud Inc., a leading global Hologram Augmented Reality (“AR”) Technology provider, announced that a new technology called attribute key access control (AKAC) has been developed. This technology will provide a new solution for data security and flexible access control. The technology is an innovative advancement in attribute-based encryption (ABE) that brings unprecedented flexibility, fine-grained control, and high performance to access control.

In Automation news this week…

Intel Celebrates AI Accessibility and Enables the Next Generation of Innovators

Intel announced the global grand-prize winners at its third-annual AI Global Impact Festival. The festival brings together future developers, and educators who are working to solve real-world problems using artificial intelligence (AI), with the support of policymakers and academic leaders. Students from 26 countries participated in the competition at this year’s festival, “Enriching Lives with AI Innovation.”

In Cloud news this week…

Spectro Cloud’s New Palette EdgeAI™ Solution Helps Organizations Realize the Potential of AI Augmented Applications at the Edge

Spectro Cloud announced Palette EdgeAI to simplify how organizations deploy and manage AI workloads at scale across simple to complex edge locations, such as retail, healthcare, industrial automation, oil and gas, automotive/connected cars, and more.

In Analytics news this week…

Lilt Announces Third-Party LLM Hub and Customized Self-Service Model Builder

Lilt, the leading AI solution for enterprise translation, at its third ever AI Day announced the company’s latest innovations, including third-party large language model integration in the Contextual AI Engine, self-serve model building and training, and advanced program analytics. As leading enterprises rush to implement a global AI and LLM strategy, Lilt’s Contextual AI Platform offers a quick and scalable path to achieving extraordinary ROI from AI.

In Computing news this week…

Quadric Announces Llama2 LLM Support Immediately Available for Chimera GPNPUs

Quadric announced that support for the Llama 2 large language model (LLM) is immediately available on its ChimeraTM general purpose neural processing unit (GPNPU) intellectual property (IP) core. Unlike other IP and semiconductor application processor suppliers, Quadric was able to add this support with a simple software port with no hardware changes, so existing designs can immediately run this model. Other suppliers have announced plans to change their hardware to offer support in 2024 or beyond.

In Customer Experience news this week…

Sprinklr Launches More Than 700 New Features for Unified Customer Experience

Sprinklr, the unified customer experience management (Unified-CXM) platform for modern enterprises, announced the company’s latest platform release (v. 18.8). With the release of 18.8, the proprietary Sprinklr AI+ platform now integrates with Google Cloud’s Vertex AI and OpenAI’s GPT models and is now generally available to all customers.

In Healthcare news this week…

ConcertAI’s TeraRecon Partners with ImageBiopsy Lab to Bring Cutting-Edge Musculoskeletal solutions to the Eureka Clinical AI Platform

ConcertAI’s TeraRecon, the advanced visualization and clinical AI SaaS company, announced its strategic collaboration with ImageBiopsy Lab, a pioneering company specializing in artificial intelligence solutions for musculoskeletal (MSK) imaging. This collaboration will integrate ImageBiopsy Lab’s innovative IB Lab solutions into TeraRecon’s Eureka Clinical AI platform.

In Machine Learning news this week…

SiMa.ai Debuts Palette Edgematic for Anyone to Simplify and Scale ML Applications at the Embedded Edge

SiMa.ai, the machine learning company delivering solutions for the embedded edge, launched Palette Edgematic, a free visual development environment designed for any organization to get started with and accelerate ML at the edge. With Palette Edgematic, SiMa is delivering an onramp to AI and ML at the edge via a no-code approach to creating, evaluating and fine-tuning ML applications from anywhere in the world via a secure browser.

In MarTech this week…

IntelePeer Announces New AI-Powered Analytics Engine for SmartFlows Platform

IntelePeer, a leading provider of AI-powered communications automation solutions, announced an extension to its SmartFlows platform, the Call Summary Dashboard, a drag-and-drop interface with AI and automation tools that enhances omnichannel communication workflows and allows businesses to track their ROI and identify cost-savings opportunities in real time. At no additional cost, existing IntelePeer customers can leverage the Call Summary Dashboard to build sophisticated hyper-automation omnichannel experiences without lengthy development cycles.

Insight of the Week

AI in Fraud Detection Playbook: What Every Business Needs to Know

AI in Fraud Detection

The rise in digital payment app usage is making internet fraud, cyberattacks, and financial crimes a bigger threat. This endangers the growth and success of many businesses, especially those in finance. This increased the need for AI in fraud detection to enhance internal security and streamline business processes. Artificial intelligence is used in fraud detection to identify trends and abnormalities in data that point to fraudulent activity.

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