ai technologies

AI in E-commerce market surges: Significant growth expected ahead The Artificial Intelligence (AI) in E-commerce market is experiencing significant growth, driven by technological advancements, and increasing demand for personalized and efficient shopping experiences. According to recent data, the market size was valued at US$ 5.81 Billion in 2023 and is projected to reach US$ 22.60 Billion by 2030, with a compound annual growth rate (CAGR) of 28.3% during the forecast period 2024-2030. AI technologies play a…

The impact of AI in banking 4.0 on industry dynamics and consumer experiences In the era of Banking 4.0, artificial intelligence (AI) emerges as a transformative force, reshaping the financial landscape and enhancing the banking experience for both institutions and consumers. As AI technologies continue to evolve, their integration into banking operations is driving efficiency, improving decision-making processes, and fostering a new era of personalized financial services. AI Applications in Banking: Enhanced…

 No technology since nuclear fission will shape our collective future quite like artificial intelligence, so it's paramount AI systems are safe, secure, trustworthy and socially responsible. But unlike the atom bomb, this paradigm shift has been almost completely driven by the private tech sector, which has been resistant to regulation, to say the least. Billions are at stake, making the Biden administration's task of setting standards for AI safety a major challenge.To define the parameters, it has tapped a small…

Sam Altman-run OpenAI has allowed applications of its AI technologies for the purposes of "military and warfare".The company reportedly deleted the language expressly prohibiting the use of its technology for military purposes from its usage policy, The Intercept reported.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data…

The developers behind ChatGPT, OpenAI, including CEO Sam Altman, expressed their concern in a blogpost on Monday, that artificial intelligence (AI) could surpass the "expert skill level" of humans in various domains within the next 10 years, leading to the emergence of "superintelligence" that outperforms other powerful technologies. OpenAI officials stated, "Superintelligence will be more powerful than any other technology humanity has had to grapple with in the past." They further emphasized the importance of managing…

A computer algorithm developed using artificial intelligence accurately distinguished real heart attacks from false alarms, according to an emergency room study that offers a way for overburdened doctors to focus on the sickest patients.The algorithm was able to accurately rule out a heart attack in nearly all patients, according to the study published Thursday in Nature Medicine. The tool, tested in more than 10000 patients in six countries, was 99.6% accurate in ruling out patients who weren't suffering from heart…

LightMetrics has also taken a differentiated go-to-market approach. It does not sell to fleets directly and instead works with telematics service providers and fleet management companies who integrate the solution into their offerings for fleets and upsell. LightMetrics, a video telematics startup serving commercial vehicle fleets globally, has raised USD 8.5 million in a Series A funding round from Sequoia Capital India. Their solution uses edge AI and analyzes video…