Generative AI startups attract investment

The emergence of ChatGPT served as a pivotal moment for the technology industry In recent years, generative artificial intelligence (AI) has emerged as a game-changing technology with immense potential across various industries. Subsequently, generative AI startups are rapidly gaining traction, and venture capital investors are keen to capitalize on their…

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Agilis Robotics kickstarts its first trial in China

A great leap forward in robotized endoscopic surgery Agilis Robotics is a company that is revolutionizing the world of endoscopic surgery. The company has developed the world’s smallest flexible and dexterous endoscopic robot system, which is a breakthrough in the field of robotics surgery. The Agilis Robotics system is designed to make endoscopic and…

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Generative AI faces same challenges as broader AI

Generative AI initiatives do not solve the fundamental challenges AI faces The palpable excitement and potential opportunity around ChatGPT, Stable Diffusion and other Generative AI sensations is real, but Generative AI doesn’t solve any of the market challenges which face any type of AI. In a new report, Omdia suggests that Generative…

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Ai in Australian workplaces

Forty percent of Australians trust AI in the workplace A University of Queensland and KPMG Australia study found only 40 percent of Australians trust the use of artificial intelligence (AI) at work, such as tools like ChatGPT. Overall, Australians’ attitudes towards AI mirrored other Western countries like the UK, Canada,…

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Responsible AI to tackle pandemics, drought and emissions

Grants will support valuable research in ethical artificial intelligence Three Australian-US scientific teams will set their sights on minimising the impact of health pandemics, harmful environmental emissions and drought using AI approaches. Minister for Industry and Science Ed Husic welcomed the announcement that the US National Science Foundation and Australia’s…

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Outlook for artificial intelligence in real estate

Start-ups will create the future of Proptech Agya Ventures, a venture capital firm focused on real estate tech, blockchain, AI and sustainability, proclaims the emergence of artificial intelligence (AI) will cut through material use cases in real estate tech from search and listings to mortgages, construction, and sustainability. “AI presents…

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Google’s AI wipes US$100b off shares

Mistake during launch underwhelms investors A variety of media sources are reporting that Google’s recent launch of its ChatGPT rival, Bard has underwhelmed investors with a glaring mistake. According to experts, promotional material for Bard contained an error in the response by the chatbot to: “What new discoveries from the…

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AI job interview tool releases new feature

The innovation will give employers more certainty around hire quality and soft skills. Sapia.ai, creator of the world’s first AI Smart Interviewer, has released a communication score update that will enable its Chat Interview tool to score candidate language skills with high accuracy. With this innovation, Sapia can accurately score…

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NASA to study climate change with AI

IBM and NASA plan to develop several new technologies IBM and NASA’s Marshall Space Flight Centre today announce a collaboration to use IBM’s artificial intelligence (AI) technology to discover new insights in NASA’s massive trove of Earth and geospatial science data. The joint work will apply AI foundation model technology to NASA’s Earth-observing…

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