Read news on recent developments in the AI industry

AI in industries


The pace of development in the AI industry is constant. We have seen major advances in new AI, from the development of (experimental) self-driving cars to the creation of large language models capable of generating human-quality text. The development of self-driving cars, and the use of AI in healthcare and finance continue to mature. Developments in these areas are due to a number of factors, including:

  • The availability of large datasets. AI algorithms are trained on large sets of data which In the past were often difficult and expensive to collect. However, the rise of the internet and the increasing placement of sensors and other data collection devices have made it easier to assemble large datasets.
  • The evolution of new algorithms. AI algorithms are constantly being developed and improved. There have been major advances in deep learning, a type of machine learning that uses artificial neural networks to learn from data. Deep learning has enabled AI systems to make performance gains on tasks such as image recognition and natural language processing.
  • The increasing availability of computing power. AI algorithms require a lot of computing power to train and run which would have been a challenge In the past to the development of AI. However, the cost of computing power has been declining steadily, making it more affordable to develop and deploy AI systems.
  • The advancement of robotics. The increasing availability of computing power and artificial intelligence and the falling cost of sensors and other components has led to a growing demand for robots in a variety of industries, including the evolution of robots that learn and adapt to their environment.

The acceleration of new AI development is having a major impact on society. AI is being used in a wide variety of industries, including healthcare, finance, and manufacturing. It is also being used to develop new products and services, such as self-driving cars and virtual assistants.

As AI continues to develop, it is likely to have an even greater impact on our lives. Newsfeeds listed in this section can enable you to stay abreast of the recent developments and ramifications artificial intelligence is having upon society and humankind.



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