Archive for the ‘Artificial Intelligence’ Category

Artificial Intelligence and Automation to Lead Robotics Market Growth, says Beroe Inc – PRNewswire

RALEIGH, N.C., Aug. 3, 2021 /PRNewswire/ -- The Robotics industry has witnessed significant growth in demand as it has become a key strategy in the implementation of Industry 4.0. The shortage of human resources in developed countries, the need to adopt labor safety standards, and the emergence of Artificial Intelligence (AI) are the influencing factors in the growth of the Robotics industry.

"From a business strategy standpoint, access to technological advancements and the ability to optimize cost through improving productivity and efficiency are key factors to improve business sales. The development of the robotics market can be attributed to the demand in end-use sectors such as automotive, defense, medical, space, and entertainment," said Vignesh Premkumar, Research Analyst at Beroe. "Despite the booming growth of robots, high initial investments, combined with high-tech research and development cost, has constrained industry growth."

The robotics market witnessed significant growth during 2017-19, primarily owing to the industrial, automotive, defense, and medical sectors. The market is expected to grow from $43 billion in 2018 to $70.84 billion in 2021 at a CAGR of 10.5 percent. The Asia-Pacific region tops in overall demand for robotics at 39 percent, followed by Europe at 25 percent, and the Americas at 24 percent. Major players in the robotic industry are involved in the production of high-performance and highly competitive robots. Optimization of design enables manufacturers to offer competitive prices and increase market share.

The factors pushing demand for robotics are demand from electronics, electric vehicle market, and automotive industries in Asia, automotive and manufacturing industries in Europe, and the demand for automation in the Americas due to these industries relying on newer technologies in the race toward Industry 4.0.

The different types of robots available in the market include articulated, cylindrical robots, SCARA, and Cartesian robots. Among industrial robots, the highest share is occupied by articulated robots. They have high payload capacity and working efficiency. They are currently used in many operations such as welding, assembly, material handling, packaging, and casing. Robotics finds greater applications in automotive, electronics defense, aerospace, metals, chemicals, and food industries. In these industries, customized robots have already been deployed as per their requirement. The Automotive industry accounts for 41 percent of industrial demand, followed by electrical and electronics at 20 percent, the metal industry at 13 percent, and chemical, rubber, and plastics industries at 9 percent. Robots are now widely used in the manufacturing sector where they play an important role in assembling, welding, and material handling of automotive parts with the objective of reducing labor power.

"The Robotics market is witnessing phenomenal growth. More companies are developing partnerships with other players that offer the Internet of Things and Artificial Intelligence. Moreover, the competition among manufacturers will further bolster the adoption of robotics," said Vignesh Premkumar, Research Analyst at Beroe. "In all this, artificial intelligence is expected to play a critical role. As with anything, the robotics market isn't perfect. There are gaps that restrict its growth and adoption rate. AI can play a game-changer in addressing the key constraints and filling the gaps."

For more such market insights, procurement intelligence, supplier analysis, price, and cost benchmarking, please log on to Beroe LiVE.Ai: https://www.beroeinc.com/beroe-live-ai/

About Beroe Inc

Beroe is the world's leading provider of procurement intelligence and supplier compliance solutions. We provide critical market information and analysis that enables companies to make smart sourcing decisions leading to lower costs, greater profits, and reduced risk. Beroe has been providing these services for more than 15 years and currently works with more than 10,000 companies worldwide, including 400 of the Fortune 500 companies. For more information about Beroe Inc., please visit https://www.beroeinc.com/.

Media Contact: Debobrata Hembram [emailprotected]

SOURCE Beroe Inc.

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Artificial Intelligence and Automation to Lead Robotics Market Growth, says Beroe Inc - PRNewswire

How to Leverage Artificial Intelligence in Public Relations – Entrepreneur

Yes, robots could be used to write press releases, but this isn't the future of the industry.

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August1, 20215 min read

Opinions expressed by Entrepreneur contributors are their own.

While the human touch will always prevail, you should know that there are many ways in which we can all utilize artificial intelligence (AI) wisely in order to run more efficient and effective PR campaigns.

As technology continues to evolve, many companies are turning to artificial intelligence as a means to help streamline repetitive processes and find efficiencies where they can.

The public relations sector is no different, with PR firms looking for ways to use artificial intelligence for certain aspects of the business that can benefit from AI functions.

The idea of using AI can be worrisome for people working in PR as they are concerned about their jobs being replaced by programmable technology, but that is not the case.

Related:How to Write a Press Release Reporters Will Actually Read

Public relations firms can benefit from the use of AI, particularly when it comes to the sheer volume of information they need to sort through.

PR firms need to always be on top of the latest trends and news, which can be a tedious task for employees with information getting missed due to the sheer volume of information available or getting bogged down by irrelevant material.

By using artificial intelligence, firms are able to search through all of the information available across any digital platform at lightning speed and pull out any content that is relevant to their clients by programming the bot to search out specific words or phrases. This will ensure that only the content that is important gets flagged to the PR firm.

AI can also be used to monitor media coverage of competitive products and clients competitors to ensure that their clients are reacting as needed or getting their fair share of media coverage with their own campaign. AI bots can be used to track media impressions for a PR firmss own clients as well as their clients competition.

Not only can artificial intelligence be used to track media coverage for your clients by scanning news coverage, but it can also track any trends in topics that the PR firm may want to get ahead of. With its automated process of scanning information, artificial intelligence will be able to determine the best time of day for press releases, social media posts and other avenues of engagement with their target audience, based on when people are interacting with the information and what platform or means of communication receives the most interaction. This will provide data that the PR firm can use going forward to ensure they are reaching their target customer in a way that makes sense. The data captured can help PR professionals with recommendations as far as what channels to push their message through, how the content should be built and even what type of content to include.

Related:8 Ways to Prepare forPublic Relations

Artificial intelligence has many more uses with public relations, other than information scanning and data sorting. It can be used to write up preliminary press releases and even build websites by programming the bot using predetermined algorithms for the gathering and compilation of data. Through data analysis, AI can determine the most relevant information to include in a press release, based on audience interaction and tailor future press releases to capture and keep the audiences attention. The benefits of AI in PR are enormous, with new uses being discovered all the time as the technology continues to advance and evolve based on the industrys needs.

One of the greatest fears with automation and the use of artificial intelligence in any company and industry is of course the fear that this will put people out of jobs. While artificial intelligence may seem like it would eliminate the employees, that isnt the case in the pubic relations industry.

This industry still very much relies on the human touch for face-to-face client interactions, social networking and in providing insights and recommendations on how to use the data captured through AI for the best outcome for the client. In fact, artificial intelligence will enable public relations professionals to focus on tasks that cant be automated such as brainstorming creative ideas, determining what steps they want to take for their clients and working closely with the client, as opposed to performing repetitive tasks that currently take away from client interactions.

Artificial intelligence isnt something to shy away from in PR. It is a tool to embrace to provide efficiencies in data gathering so that employees are able to focus on their clients and the creativity of their industry.

The future is all about technology, so use it wisely to help grow your clients' brands.

Related:What is Authentic Marketing, and How Is It Different From Public Relations?

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How to Leverage Artificial Intelligence in Public Relations - Entrepreneur

BrainChip Demonstrates that Intelligent AI is Everywhere at AI Hardware Summit 2021 – Business Wire

ALISO VIEJO, Calif.--(BUSINESS WIRE)--BrainChip Holdings Ltd (ASX: BRN), (OTCQX: BRCHF), a leading provider of ultra-low power high performance artificial intelligence technology, today announced that Rob Telson, VP Worldwide Sales and Marketing, will be a featured presenter at the AI Hardware Summit at 1:25 p.m. PDT, September 13th. This hybrid event will be in-person and virtual with the BrainChip session streamed live. The company will also have an in-person demo booth at the Computer History Museum in Mountain View, California on September 14-15.

Telson will present Intelligent AI Everywhere, which will address how attendees can easily apply efficient AI in edge devices for many applications by implementing Akida IP into a system on a chip (SOC) or as standalone silicon. BrainChips Akida neural processor unit brings intelligent AI to the Edge everywhere, leveraging advanced neuromorphic computing as the engine to solve critical problems of privacy, security, latency and low power requirements with key features, such as one-shot learning and computing on the device with no dependency on the cloud. The presentation will also feature real-life examples of on-chip and on-device functionality. Demonstrations of Akidas abilities will also be on display at the BrainChip booth throughout the summit.

Sensors at the edge require real-time computation and managing both ultra-low power and latency requirements with traditional machine learning is extremely difficult when it comes to empowering smart intelligent edge devices, said Telson. I look forward to sharing with those attending AI Hardware Summit both in-person and virtually how BrainChip is delivering on next-generation demands by achieving efficient, effective and easy AI functionality everywhere.

BrainChips Akida brings artificial intelligence to the edge in a way that existing technologies are not capable. The solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities. The Akida (NSoC) and intellectual property, can be used in applications including Smart Home, Smart Health, Smart City and Smart Transportation. These applications include but are not limited to home automation and remote controls, industrial IoT, robotics, security cameras, sensors, unmanned aircraft, autonomous vehicles, medical instruments, object detection, sound detection, odor and taste detection, gesture control and cybersecurity.

AI Hardware Summits mission is to help those who are accelerating AI workloads in the cloud and at the edge. With a theme of systems-level AI acceleration, this years event is lifting the hood on how to make AI fast, efficient and affordable. The three-day hybrid event features a virtual component September 13-15 with in-person attendance September 14 and 15. Additional information about AI Hardware Summit is available at https://aihardwaresummit.com

About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF)

BrainChip is a global technology company that is producing a groundbreaking neuromorphic processor that brings artificial intelligence to the edge in a way that is beyond the capabilities of other products. The chip is high performance, small, ultra-low power and enables a wide array of edge capabilities that include on-chip training, learning and inference. The event-based neural network processor is inspired by the spiking nature of the human brain and is implemented in an industry standard digital process. By mimicking brain processing BrainChip has pioneered a processing architecture, called Akida, which is both scalable and flexible to address the requirements in edge devices. At the edge, sensor inputs are analyzed at the point of acquisition rather than through transmission via the cloud to a data center. Akida is designed to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory and smart transducer applications. The reduction in system latency provides faster response and a more power efficient system that can reduce the large carbon footprint of data centers.

Additional information is available at https://www.brainchipinc.com

Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006

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BrainChip Demonstrates that Intelligent AI is Everywhere at AI Hardware Summit 2021 - Business Wire

Patrick Bangert- Leading the Artificial Intelligence Industry with Disruptive Innovation – Analytics Insight

Before innovating any product or solution, it is essential to understand the pain points or challenges of the audience. Conversations with people in the audience help towards that goal, and the Samsung SDS team actively seeks them out to learn from them. Often, the challenge becomes clearer only when one understands the practical daily life of the users.

Patrick Bangert is the Vice President of Artificial Intelligence at Samsung SDS, America. He mentions that once, he was asked to construct a damage forecasting model for a certain kind of pump to lower maintenance costs. At that time, he lacked experience and was asked to do a three-day internship with the maintenance crew to find out. They took him along, and he performed the work with them; all the while experiencing what they go through. In the end, he had a clear picture of where the problem lay and then could solve it much more easily.

Patrick started his career as an Assistant Professor of mathematics at a new university that had only existed one year before he started working there. There was no curriculum set up for the courses that he was supposed to teach. So he started by putting together a coherent end-to-end program and then explaining it to a large audience of undergraduates. It was a difficult lesson that forced him to explain things in simple terms. The dual skill of making a complex subject accessible in simple terms and breaking it down into digestible pieces are crucial to leadership and inevitable sales and marketing function as a leader.

His challenges did not end there. Patrick explains how at the beginning of his journey, he did not know where to begin and lacked a clear vision of where he wanted to end up.

With hindsight, I recognize that having a vision of where you want to be in your own life at an older age is a boon because it acts as a guiding principle in decision-making.

Patrick recalls several people guiding him and offering him suggestions to do this and not do that. He followed the advice most of the time because he respected them but did not necessarily understand why, except for short-term tactical reasons. Naturally, this led him to make a few costly mistakes, the worst being choosing the wrong business partner in founding his startup company. He did not know how to perform proper due diligence and did not do it. His partner was unable to fulfill his responsibilities, creating a profoundly serious problem for the business. Subsequently, he was forced to change his role and fulfill both leadership functions at the same time. For him, this was an existential challenge, but he learned a great deal.

Currently, under his leadership, Samsung SDS is leveraging disruptive technologies to give the company a competitive edge in the market. These technologies make it easier and faster to innovate and enable several innovations themselves. Recently, Patrick has been working on using AI to diagnose diseases based on medical images. He says that creating these models is very effortful, particularly annotating the images to generate the dataset; on which to train the models. Using AI to help the annotators, the company could lower the labor by over 80%, making it significantly faster and cheaper to make models. The company is calling this technology AI2 since it is using AI to create more AI.

If we categorize human history by its most influential tool into stone, copper, bronze, and iron ages, then the current time has sometimes been called the information age. While the information itself is an asset, it is only really the conclusion of an analysis that adds value. So, currently, we live in the analytics age with a ubiquitous impact on further innovation, he said.

According to Patrick, there have been many changes to human society in recent centuries. The current AI-driven transition is the so-called fourth industrial revolution. There is some fear attached to the inherent change, as in any transition can make some jobs less needful, but other new job functions usually take their place. There is less and less need, at a grand scale, for manual labor. In the industry overall, the transition towards using AI is still in its early days. AI is mature only in the retail industry and in some isolated applications elsewhere. There is a long way to go to adopt the analytics we have. Those who have developed the analytics must work on making them better. The primary directions are AI ethics, explainability, and the challenge of small data.

As a large IT services company, Samsung SDS is the chief player in this transition and the importance of analytics grows both internally and externally. The company will keep developing new tools and models to serve the needs of the global business community. At present, it is actively focusing on the challenge of small data: the fact that often the dataset has a limited size and cannot be increased readily, so AI must make do. A host of new algorithms are needed to make good quality models once the standard quality improvement mechanismget more databecomes impossible.

As a Ph.D. mathematician, Patrick started to work in academia as a Professor in Germany and proceeded to found a startup in the field of machine learning as applied to the oil and gas and chemicals sector. During this time, he led projects all over the world to do predictive maintenance and process optimization for almost all the major oil companies. Having grown that company to maturity, he was hired as the VP for AI at Samsung SDS, the IT company of Samsung Group.

At Samsung SDS, he leads three teams. AI Engineering makes software tools for data scientists, primarily in speeding up the process through distributed training and AutoML. AI Sciences does the model building within Samsung Group and for outside customers. The third team does the sales and marketing for the other two teams. Besides the companys regular work in natural language processing, computer vision, and time-series modeling, it has recently shifted its focus to medical imaging.

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Patrick Bangert- Leading the Artificial Intelligence Industry with Disruptive Innovation - Analytics Insight

DeepMind creates transformative map of human proteins drawn by artificial intelligence – The Verge

AI research lab DeepMind has created the most comprehensive map of human proteins to date using artificial intelligence. The company, a subsidiary of Google-parent Alphabet, is releasing the data for free, with some scientists comparing the potential impact of the work to that of the Human Genome Project, an international effort to map every human gene.

Proteins are long, complex molecules that perform numerous tasks in the body, from building tissue to fighting disease. Their purpose is dictated by their structure, which folds like origami into complex and irregular shapes. Understanding how a protein folds helps explain its function, which in turn helps scientists with a range of tasks from pursuing fundamental research on how the body works, to designing new medicines and treatments.

Previously, determining the structure of a protein relied on expensive and time-consuming experiments. But last year DeepMind showed it can produce accurate predictions of a proteins structure using AI software called AlphaFold. Now, the company is releasing hundreds of thousands of predictions made by the program to the public.

I see this as the culmination of the entire 10-year-plus lifetime of DeepMind, company CEO and co-founder Demis Hassabis told The Verge. From the beginning, this is what we set out to do: to make breakthroughs in AI, test that on games like Go and Atari, [and] apply that to real-world problems, to see if we can accelerate scientific breakthroughs and use those to benefit humanity.

There are currently around 180,000 protein structures available in the public domain, each produced by experimental methods and accessible through the Protein Data Bank. DeepMind is releasing predictions for the structure of some 350,000 proteins across 20 different organisms, including animals like mice and fruit flies, and bacteria like E. coli. (There is some overlap between DeepMinds data and pre-existing protein structures, but exactly how much is difficult to quantify because of the nature of the models.) Most significantly, the release includes predictions for 98 percent of all human proteins, around 20,000 different structures, which are collectively known as the human proteome. It isnt the first public dataset of human proteins, but it is the most comprehensive and accurate.

If they want, scientists can download the entire human proteome for themselves, says AlphaFolds technical lead John Jumper. There is a HumanProteome.zip effectively, I think its about 50 gigabytes in size, Jumper tells The Verge. You can put it on a flash drive if you want, though it wouldnt do you much good without a computer for analysis!

After launching this first tranche of data, DeepMind plans to keep adding to the store of proteins, which will be maintained by Europes flagship life sciences lab, the European Molecular Biology Laboratory (EMBL). By the end of the year, DeepMind hopes to release predictions for 100 million protein structures, a dataset that will be transformative for our understanding of how life works, according to Edith Heard, director general of the EMBL.

The data will be free in perpetuity for both scientific and commercial researchers, says Hassabis. Anyone can use it for anything, the DeepMind CEO noted at a press briefing. They just need to credit the people involved in the citation.

Understanding a proteins structure is useful for scientists across a range of fields. The information can help design new medicines, synthesize novel enzymes that break down waste materials, and create crops that are resistant to viruses or extreme weather. Already, DeepMinds protein predictions are being used for medical research, including studying the workings of SARS-CoV-2, the virus that causes COVID-19.

New data will speed these efforts, but scientists note it will still take a lot of time to turn this information into real-world results. I dont think its going to be something that changes the way patients are treated within the year, but it will definitely have a huge impact for the scientific community, Marcelo C. Sousa, a professor at the University of Colorados biochemistry department, told The Verge.

Scientists will have to get used to having such information at their fingertips, says DeepMind senior research scientist Kathryn Tunyasuvunakool. As a biologist, I can confirm we have no playbook for looking at even 20,000 structures, so this [amount of data] is hugely unexpected, Tunyasuvunakool told The Verge. To be analyzing hundreds of thousands of structures its crazy.

Notably, though, DeepMinds software produces predictions of protein structures rather than experimentally determined models, which means that in some cases further work will be needed to verify the structure. DeepMind says it spent a lot of time building accuracy metrics into its AlphaFold software, which ranks how confident it is for each prediction.

Predictions of protein structures are still hugely useful, though. Determining a proteins structure through experimental methods is expensive, time-consuming, and relies on a lot of trial and error. That means even a low-confidence prediction can save scientists years of work by pointing them in the right direction for research.

Helen Walden, a professor of structural biology at the University of Glasgow, tells The Verge that DeepMinds data will significantly ease research bottlenecks, but that the laborious, resource-draining work of doing the biochemistry and biological evaluation of, for example, drug functions will remain.

Sousa, who has previously used data from AlphaFold in his work, says for scientists the impact will be felt immediately. In our collaboration we had with DeepMind, we had a dataset with a protein sample wed had for 10 years, and wed never got to the point of developing a model that fit, he says. DeepMind agreed to provide us with a structure, and they were able to solve the problem in 15 minutes after wed been sitting on it for 10 years.

Proteins are constructed from chains of amino acids, which come in 20 different varieties in the human body. As any individual protein can be comprised of hundreds of individual amino acids, each of which can fold and twist in different directions, it means a molecules final structure has an incredibly large number of possible configurations. One estimate is that the typical protein can be folded in 10^300 ways thats a 1 followed by 300 zeroes.

Because proteins are too small to examine with microscopes, scientists have had to indirectly determine their structure using expensive and complicated methods like nuclear magnetic resonance and X-ray crystallography. The idea of determining the structure of a protein simply by reading a list of its constituent amino acids has been long theorized but difficult to achieve, leading many to describe it as a grand challenge of biology.

In recent years, though, computational methods particularly those using artificial intelligence have suggested such analysis is possible. With these techniques, AI systems are trained on datasets of known protein structures and use this information to create their own predictions.

Many groups have been working on this problem for years, but DeepMinds deep bench of AI talent and access to computing resources allowed it to accelerate progress dramatically. Last year, the company competed in an international protein-folding competition known as CASP and blew away the competition. Its results were so accurate that computational biologist John Moult, one of CASPs co-founders, said that in some sense the problem [of protein folding] is solved.

DeepMinds AlphaFold program has been upgraded since last years CASP competition and is now 16 times faster. We can fold an average protein in a matter of minutes, most cases seconds, says Hassabis. The company also released the underlying code for AlphaFold last week as open-source, allowing others to build on its work in the future.

Liam McGuffin, a professor at Reading University who developed some of the UKs leading protein-folding software, praised the technical brilliance of AlphaFold, but also noted that the programs success relied on decades of prior research and public data. DeepMind has vast resources to keep this database up to date and they are better placed to do this than any single academic group, McGuffin told The Verge. I think academics would have got there in the end, but it would have been slower because were not as well resourced.

Many scientists The Verge spoke to noted the generosity of DeepMind in releasing this data for free. After all, the lab is owned by Google-parent Alphabet, which has been pouring huge amounts of resources into commercial healthcare projects. DeepMind itself loses a lot of money each year, and there have been numerous reports of tensions between the company and its parent firm over issues like research autonomy and commercial viability.

Hassabis, though, tells The Verge that the company always planned to make this information freely available, and that doing so is a fulfillment of DeepMinds founding ethos. He stresses that DeepMinds work is used in lots of places at Google almost anything you use, theres some of our technology thats part of that under the hood but that the companys primary goal has always been fundamental research.

The agreement when we got acquired is that we are here primarily to advance the state of AGI and AI technologies and then use that to accelerate scientific breakthroughs, says Hassabis. [Alphabet] has plenty of divisions focused on making money, he adds, noting that DeepMinds focus on research brings all sorts of benefits, in terms of prestige and goodwill for the scientific community. Theres many ways value can be attained.

Hassabis predicts that AlphaFold is a sign of things to come a project that shows the huge potential of artificial intelligence to handle messy problems like human biology.

I think were at a really exciting moment, he says. In the next decade, we, and others in the AI field, are hoping to produce amazing breakthroughs that will genuinely accelerate solutions to the really big problems we have here on Earth.

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DeepMind creates transformative map of human proteins drawn by artificial intelligence - The Verge