TECHNOLOGY

The European Parliament has approved the world’s first comprehensive regulations for the development and use of artificial intelligence. The AI Act serves to “protect fundamental rights, democracy, the rule of law, and environmental sustainability from high-risk AI” the EU Parliament said in a statement on Wednesday.
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2 years ago Read more at Vogue Business

DarwinAI’s systems will help Apple in its efforts to run AI on devices. The deal is yet to be officially announced but gives Apple a major boost ahead of its big push into generative AI in 2024. Google has ramped up its AI efforts in the last couple of years.
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2 years ago Read more at Times Now

Meyer Burger Technology (VTX:MBTN) Full Year 2023 Results Key Financial Results Revenue: CHF135.0m (down 8.3% from FY 2022). CHF0.085 loss per share (further deteriorated from CHF00.025 loss in FY 22022). Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe.
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2 years ago Read more at Yahoo Finance

Key developments such as telehealth services, health-monitoring wearables, precision medicine, distributed ledger technology, and additive manufacturing are at the forefront. Each represents a significant leap in the capacity to diagnose, treat, and manage illnesses, signifying a critical transition towards more customized, accessible, and streamlined health solutions. In light of medical technology’s swift advancement, the industry has recently achieved a notable benchmark, with total revenues hitting $573 billion in 2022.
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2 years ago Read more at Intelligent Living

Chinese publishers delved into the potential of innovative tools to revolutionize their practices at this year's London Book Fair (LBF) In a panel talk held in China, professionals discussed the pragmatic application, potential, and inherent constraints of AI technology. The recent surge in AI development has prompted the publishing industry to contemplate the issue.
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2 years ago Read more at Official website of the State Council Information Office of China

By 2030, there are expected to be more than 29 billion Internet of Things devices in use by virtually all industry sectors globally. From utilities and retail to transport and storage, the impact of these connected devices that share data directly from the edge of computing has been significant. However, one of the most significant challenges when collecting and analysing this data is unreliable connectivity. Nextivity relies on IntelliBoost chip technology to intelligently amplify cellular signals to enhance the reliability and performance of IOT devices across various environments.
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2 years ago Read more at ITWeb Africa

Engineering services company L&T Technology Services Limited (LTTS) has won a first-of-its-kind program in India worth around $100 million ( 800 crore) the company will provide advanced cyber security solutions for the state enhancing public safety against cyber threats. The project entails designing a sophisticated cybersecurity system and establishing a fully equipped, cyber security and cybercrime prevention centre. It’s an opportunity to leverage our experience in setting up over 25 command centers.
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2 years ago Read more at CNBCTV18

Jessica McFadden replaces Garrett Heraty, who is returning to the US to take up a senior leadership role in Cisco’s global go to market team for the Enterprise Networking portfolio. In her new role, Auckland-based Jessica Mcfadden will focus on supporting Cisco's technology transformation across the breadth of its portfolio, the company said. She most recently led the company's New Zealand Channel and Service Provider Business.
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2 years ago Read more at CRN Australia

AI is giving more incentives for sporting bodies to invest in next-generation technology. The ramifications of these investments are felt in overall economic activity, Melih Murat, an associate research director at the International Data Corporation, told The National. AI in sport market is projected to grow significantly, hitting nearly $21 billion in 2029 from an estimated $5.93billion in 2024, at a compound annual rate of almost 30 per cent.
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2 years ago Read more at The National

First-of-its-kind program in India entails designing a sophisticated cybersecurity system using AI & Digital Forensic tools. This initiative extends LTTS’ commitment to developing secure, digitally interconnected smart and safe cities through premier Cyber Security and Digital For Ensic solutions consolidated under one umbrella. The successful execution of this project in India will pave the way for the company to extend these capabilities globally.
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2 years ago Read more at Yahoo Finance