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The second Global Artificial Intelligence Summit will take place in Riyadh from September 13 to 15. The Saudi Press Agency reported that the Saudi Authority for Data and Artificial Intelligence forDataandArtificialIntelligence ishosting the summit,with the theme "Artificial Intelligence for the Good of Humanity," and Crown Prince Mohammed bin Salman, who serves as the organization's board of directors chairman, is serving as its sponsor.

The King Abdulaziz International Conference Center will host the gathering. According to Arab News, Dr. Abdullah Al-Ghamdi, the president of SDAIA, said that the crown princes patronage raises the summits status and importance locally, regionally andinternationally. It has become clear that artificial intelligence techniques have begun to be used in our daily lives and will have a significant impact in all aspects of life, so the Kingdom of Saudi Arabia has set the visions of this modern technical field within the objectives of its Vision 2030, he said.

This global summit will seek to become a major world forum in the field of artificial intelligence, after the success achieved in the first summit held in 2020, he added.

Al-Ghamdi also stated that the summit will cover all topics relating to AI technologies and that experts, specialists, senior government officials, and the biggest global technology corporations will all be in attendance. Various presentations will be conducted emphasizing the newest research and technology, while attendees will also share skills, and explore investment opportunities.

With "more than 100 speakers from around the world under one roof in Riyadh, specialized in artificial intelligence," he claimed that the Global Artificial Intelligence Summit is also a chance for specialists and interested parties to profit from the meeting.

The summit will cover several subjects that demonstrate the effects of AI on the most significant industries, including smart cities, human capacity development, health care, transportation, energy, culture and heritage, environment, and more. The first Global Artificial Intelligence Summit, which lasted two days and featured more than 200 experts and decision-makers, drew more than 13,000 attendees. More than 5 million people viewed the conference on social media.

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KSA To Host 2nd Edition of Artificial Intelligence Summit - About Her

NEW YORK--(BUSINESS WIRE)--Qloo, the leading artificial intelligence platform for culture and taste preferences, announced today that it has raised $15M in Series B funding from Eldridge and AXA Venture Partners. This latest round of funding brings Qloos total capital raised to $30M, and will enable the privacy-centric AI leader to expand its team of world-class data scientists, enrich its technology, and build on its sales channels in order to continue to offer premier insights into global consumer taste for Fortune 500 companies across the globe.

Founded in 2012, Qloo pioneered the predictive algorithm as a service model, using AI technology to help brands securely analyze anonymized and encrypted consumer taste data to provide recommendations based on a consumers preferences. Demand for Qloo has been accelerating as companies look for privacy centric solutions - in fact, API request volumes across endpoints grew more than 273% year-over-year in Q2.

Before Qloo, consumer taste was really only examined within the silo of a certain app or service - which made it impossible to model a fuller picture of peoples preferences, said Alex Elias, Founder and CEO of Qloo. Qloo is the first AI platform that takes into account all the cross-sections of our preferences - like how our music tastes correlate to our favorite restaurants, or how our favorite clothing brands may lend themselves to a great movie recommendation.

Qloos flagship API works across multiple layers to process and correlate over 575 million primary entities (such as a movie, book, restaurant, song, etc.) across entertainment, culture, and consumer products, giving the most accurate and expansive predictions of consumer taste based on demographics, preferences, cultural entities, metadata, and geolocational factors. Qloos API can be plugged directly into leading data platforms such as Snowflake and Tableau, with results populated in only a matter of seconds making it easy for companies to improve product development, media buying, and consumer experiences in real time.

Qloo currently delivers cultural AI that powers inferences for clients serving over 550 million customers globally in 2022, including industry leaders across media and publishing, entertainment, technology, e-commerce, consumer brands, travel, hospitality, automakers, fashion, financial services, and more.

About Qloo:

Qloo is the leading artificial intelligence platform on culture and taste preferences, providing completely anonymized and encrypted consumer taste data and recommendations for leading companies in the tech, entertainment, publishing, retail, travel, hospitality and CPG sectors. Qloos proprietary API can predict consumers' preferences and connect how their tastes correlate across over a dozen major categories, including music, film, television, podcasts, dining, nightlife, fashion, consumer products, books and travel. Launched in 2012, Qloo combines the latest in machine learning, theoretical research in Neuroaesthetics and one of the largest pipelines of detailed taste data to better inform its customers - and makes all of this intelligence available through an API. By allowing companies to speak more effectively with their target consumers, Qloo helps its customers solve real-world problems such as driving sales, saving money on media buys, choosing locations and building brands. Qloo is the parent company of TasteDive, a cultural recommendation engine and social community that allows users to discover what to watch, read, listen to, and play based on their existing unique preferences.

Learn more at qloo.com and http://www.tastedive.com.

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Qloo, the Leading Artificial Intelligence Platform for Culture and Taste Preferences, Raises $15M in Series B - Business Wire

Bitcoin and blockchain technology are two of the most prominent innovations that have come from the Internet of Things (IoT) revolution. Thats only natural IoT is enabling a new era of digital transformation that has global implications. Artificial intelligence, specifically machine learning and deep learning, is playing an increasingly important role in shaping this transformation.

AI is already having a substantive impact on almost every sector and industry segment. From homes to financial institutions to retail chains, AI is already reshaping our world at an accelerating pace. Heres why artificial intelligence is positively impacting Bitcoin and the future of money:

As weve seen with some of the most popular IoT devices, such as smart home devices, cyber security issues are becoming a concern for people across the globe. AI can help address these issues by creating more trusted, secure and transparent applications. AI is being used to create algorithms to recognize and respond to user actions, such as the 123456 series of numbers displayed on a connected television, or the OK or Thanks gesture displayed on smartphones when making a Bitcoin payment on Crypto Engine or any other trading platform.

Artificial intelligence has been tremendously successful at creating new and useful applications for the Internet of Things. From self-driving cars to smart homes with AI that can help you schedule a plumbing service when youre not home, AI has done wonders for the smart home and the IoT.

With the potential to disrupt industries and create new business models, AI has created a plethora of new applications, industries, and applications that will never be seen the same way again. AI is helping to create more trust, security and transparency with every passing day.

Beyond IoT, which largely consists of static data, the next major stage in the evolution of the Internet of Things is going to be the so-called connected city. In the connected city, data generated by IoT devices will flow through AI and then human-friendly software to create more intelligent decisions based on the data. More specifically, this is the future of blockchain technology.

Beyond AIs impact on real estate and financial sectors, the technology is also set to reshape other industries. AI is making its mark in the world of entertainment, with standpoint being one area that will likely be impacted gaming. Big data and AI-based game-playing are the foundations for creating VR and AR experiences, which can be as immersive as watching a movie, or as realistic as model-building games like 3D printing.

Beyond the overwhelming impact that AI has had on our everyday lives, its also having a momentous impact on our money system. Here are just a few of the ways:

1. More trusted financial products and services. In the age of AI, financial institutions are trying to distinguish themselves by creating more trustworthy financial products and services. AI can help create more reliable predictions financial well-being of customers, and allow financial institutions to build better relationships with their customers. This, in turn, will result in higher customer satisfaction, as well as more frequent and larger payments.

2. More transparent and efficient government. In the same vein, political leaders and public figures are starting to realize the importance of being more transparent with their constituents. AI can analyze large volumes of data, such as the content and comments made by political figures and leaders, and use that data to generate more accurate and timely predictions.

3. Digital currency. Beyond all of this, AI is having a momentous impact on the digital currency landscape as well. AI can create algorithms that can consistently provide real-time value while serving as the foundation for Bitcoin. With this in mind, we can expect to see more use of AI in the financial sector, where it would add even more value and improve upon the already-excellent B2C model.

Artificial intelligence is having a momentous impact on almost every aspect of our lives. Its transforming the way we interact with technology and changing the way we see the world. In many ways, AI is creating the future of money: sensors, microcomputers and camera work, headed by powerful supercomputers, all working in tandem to create a trustworthy and AI-based decision-making engine. While the impacts of AI are bound to be positive in every aspect of our lives, the most incredible impact has to be witnessed in the financial sector. With AI, we can expect to see more use of data-driven decision-making, and improved financial literacy, which will have a cascading effect on the entire economy.

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How Artificial Intelligence Is Positively Impacting Bitcoin And The Future Of Money - Android Headlines

Los Angeles, Aug. 24, 2022 (GLOBE NEWSWIRE) -- The global AI in transportation market size was accounted at USD 2.3 billion in 2021. One of the major reasons for the growth of this market is the growing deployment of artificial intelligence in transport systems. This technology plays a very important role in the autonomous vehicles. The transportation industry is depending on artificial intelligence for the driving thinking as well as learning. There has been an increased adoption of artificial intelligence in the autonomous trucks across the globe. There are many benefits provided by the drugs that make use of self-driving and due to which the market is expected to grow well.

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Speech recognition and image processing are the features that shall drive the market growth in the coming years. Increased use of sensors will also play an instrumental role for the growth of the market. Artificial intelligence is used in the automobile, cars as well as the trucks.

Why North American region dominated the market?

Why Asia Pacific region is growing faster?

Report Highlights

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Scope of the Report

Market Dynamics

Drivers

Artificial intelligence is used in transportation industry and the benefits associated with the use of this technology shall create good demand in the coming years period the increased rate of road accidents shall be one of the reasons that shall drive the market growth in the coming years for various regions across the globe. The number of fatalities caused due to these accidents shall be one more reason for the growth of the market in the coming years.

The use of this technology has been instrumental in protecting the driver from various accidents that are caused due to human error. The use of this technology also reduces the human error to a great extent. This software is used in the vehicles provide updates on the important upcoming signs and specifications about the road traffic or congestion. These warnings also provide information about the areas that are accident prone. Higher safety features are provided by the technology for the transportation segment. Growing demand for autonomous vehicles shall be one more reason for the growth of the market. Deep learning is a combination of machine learning and artificial intelligence and the growing demand for deep learning shall drive the market growth in the coming years period

Restraints

The infrastructure which is present in the market currently does not support the use of artificial intelligence for transportation. And it is becoming extremely difficult to deploy artificial intelligence in this industry. Lack of the favorable infrastructure is a major restraint in the growth of the market. Most of these transports do not support the use of the technology. Manufacturers are constantly focusing on manufacturing vehicles that support the use of artificial intelligence due to which the market will grow well in the coming years but currently the integration of artificial intelligence is difficult in the existing infrastructure.

Opportunities

Exceptional scope will be provided by truck platooning for the transportation market. Truck platooning will be a major driver and provider of opportunities in the coming years. Advanced features provided by the artificial intelligence in the transportation sector will provide better opportunities for growth in the coming years and it will also help in attracting new buyers. Use of voice recognition and signal recognition will provide better opportunities for growth period increased use of sensors will enhance the functionality of this technology. Stringent policies or laws imposed by the government in order to control the carbon emissions shall play an instrumental role in providing better opportunities for the growth of this market.

Challenges

Artificial intelligence is expensive and the features provided by this system like cruise control, collision warning, lane assistance and detection of the blind spot are costly affair. It is extremely difficult for various manufacturers of these vehicles to adopt artificial intelligence. And they expensive nature of this technology shall be challenging for its growth.

Recent Developments

Market Segmentation

By Offering

By Machine Learning Technology

By Process

By Application

By Geography

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AI in Transportation Market Size to Surpass USD 14.79 Bn by 2030 - GlobeNewswire

Artificial Intelligence (AI) undoubtedly is one of the areas in STEM that has come to ease the labour pressure and enhance the way of doing things. Despite its significant benefits, the concept of AI is implicated with several ethical issues that include bias, and privacy breaches. Timnit Gebru is an Eritrean researcher who specializes in the ethics of Artificial Intelligence to tackle issues of bias in facial recognition of African people in most AI algorithms.

Timnit notes that her inspiration to devote herself to studying ethical issues in AI stems from the ordeal of her friend. According to Timnit, her friend was attacked in a bar, arrested, and later placed in pre-trial detention. The situation was attributed to the problem of the AI facial recognition system that could not identify people of African colour.

Promoting Greater Representation of Africans in Artificial Intelligence

In 2015, Timnit participated in the Neural Information Processing Systems- one of the most important conferences in the field of artificial intelligence which was held in Montreal, Canada. There she realised that out of the 3700 participants, only about five of them were Africans. As a result, Timnit led the creation of the Black in AI in 2017- an initiative which brings together African researchers in AI. Today, she is recognized as a leading advocate in initiatives geared toward the fight against the biases of facial recognition algorithms that mostly favour people of white colour. At the same time, she advocates for more representation of people of African descent in the field of African intelligence.

Educational Background and Industry Experience

Timnit holds a Bachelor of Science and Master of Science in Electrical Engineering from Stanford University. She also gained a PhD in 2017.

She worked at Apple as an audio engineer from 2004 to 2013 where she was particularly interested in creating software to recognise human faces. In 2017, Timnit joined Microsoft as a post-doctoral researcher in the Fairness, Accountability, Transparency, and Ethics in AI (FATE Lab) dedicated to equality, transparency, and ethics in Artificial Intelligence. While at Microsoft, she published a paper with another researcher called Joy Buolamwini. The title of the article was Gender Shades. The article revealed that African women were 35% less likely to be identified by existent facial recognition algorithms than white men. Again, in December 2021, Timnit founded the Distributed Artificial Intelligence Research Institute (DAIR) which also aims to fight algorithmic bias in technology.

For her work, Timnit has received several recognitions and awards. She has been named one of the worlds 50 greatest leaders by Fortune magazine and one of the 10 most influential people in science by the British science journal: Nature. In 2022, Time magazine named her one of the most influential people of the year.

REFERENCE

Information from http://www.africanwomenexperts.com

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Timnit Gebru Specializes in Ethics of Artificial Intelligence - BusinessGhana