TECHNOLOGY

Amazon.com Inc.’s artificial intelligence technology was revealed to heavily rely on the work of offshore workers from India. The technology claimed to use cameras and sensors to track items customers were leaving the store with instead of relying on cashiers. A customer could walk into a Just Walk Out powered store by tapping a credit card or scanning their Amazon account at the entry gate.
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2 years ago Read more at The Ticker

Fetch has secured a patent for its BrandChoice Tech, its digital advertising technology that uses artificial intelligence and machine learning to automate campaign testing and optimization. The new technology builds on momentum from Fetch's launch of its proprietary receipt-reading technology last spring. Fetch users have submitted more than 5 billion receipts and earned nearly $910 million in rewards.
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2 years ago Read more at PR Newswire

XConn Technologies is the industry's first and only hybrid CXL 2.0 / PCIe Gen 5 interconnect solution. The Apollo switch is purpose built to simplify the system designer process with versatile expansion and heterogeneous integration for a mix of accelerators and fault tolerance with the redundancy mission critical applications require for true processing availability. This makes the Apollo switch ideal for use in high demand artificial intelligence applications.
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2 years ago Read more at PR Newswire

Geothermal energy, though it’s continuously radiating from Earth’s super-hot core, has long been a relatively niche source of electricity, largely limited to volcanic regions like Iceland where hot springs bubble from the ground. Some natural geothermal resources are still untapped, such as in the western United States, says geologist Ann Robertson-Tait of the energy research institute Fraunhofer IEG.
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2 years ago Read more at Scientific American

a term coined by a design and planning professor, Horst Rittel, in the 1960s. When you have a wicked problem, solutions have to be holistic, flexible and developmentally appropriate. But when it comes to the proliferation of tech in K-12 education, we need “a hard reset”.
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2 years ago Read more at The New York Times

Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023. It gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democracy. The term techno-optimism isn’t new; it began to appear after World War II. Nor is it in a state of decline, as Elon Musk would have you believe.
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2 years ago Read more at The Conversation

In partnership with Automated Retail Technologies, the foodservice giant will deploy thousands of state-of-the-art hot food robotic kiosks across Sodexo-served facilities throughout the U.S. The partnership will establish new benchmarks in the automated dining domain. ART ART is the premier hot food technology supplier for the food service industry.
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2 years ago Read more at Sodexo USA

RetailTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout retail technology companies, products and services around the world. This year’s program attracted thousands of nominations from over 12 different countries throughout the world. The global smart retail technology market is expected to grow from $22.6 billion in 2021 to $68.8 billion by 2026.
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2 years ago Read more at GlobeNewswire

Greeneye Technology announces completion of $20m funding round led by Israeli investment firm Deep Insight. The round is supported by existing investors Syngenta Group Ventures, JVP, Orbia Ventures and Eyal Waldman, the founder and former CEO of Mellanox (now part of Nvidia), as well as other notable new investors including Iron Nation and Amol Deshpande. Next phase of expansion will see dozens more systems deployed in farmers’ fields this year, targeting the 200m acres of corn, soybean
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2 years ago Read more at Future Farming

Honeywell's hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass. The new technology produces 3-5% more SAF2,3, enables a cost reduction of up to 20%3,4 and reduces by-product waste streams as compared to other commonly used hydroprocessing technologies. This innovation demonstrates Honeywell's alignment of its portfolio with three compelling megatrends.
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2 years ago Read more at PR Newswire