Category Archives: Machine Learning
The 3 Best Machine Learning Stocks to Quadruple Your Money by 2035 – InvestorPlace
One of the hottest investment trends to jump on at the moment is machine learning stocks to buy. Valued at about $79.3 billion at the moment, its expected to balloon to$503.4 billion by the time 2030rolls around, according to Statista.
All thanks to demand for accurate prediction and better decision making for companies and governments of all sizes. Were also seeing machine learning companies pop up in healthcare, finance, security and retail to name a few industries.
Along the way, machines will learn from historical data, identify patterns, and make logical decisions with little to no need for human interaction. Look at healthcare, for example. Its helping with faster data collection through wearables that machines can learn from. Its helping with accelerated drug discovery and development.
Plus,as noted by BuiltIn.com, By crunching large volumes of data,machine learning technology can help healthcare professionalsgenerate precise medicine solutions customized to individual characteristics. Machine learning models can also predict how patients react to certain drugs, allowing healthcare workers to proactively address patients needs.
We could easily go on. But you can see why were excited about machine learning, and the significant impact it will have on just about everything.So, how can we profit from it all? Here are three machine learning stocks you may want to buy.
Source: Sisacorn / Shutterstock.com
The last time I mentionedLantern Pharma(NASDAQ:LTRN), it traded at $5.25on May 1.
At the time, I noted, An artificial intelligence company, its helping to transform the cost and speed to oncology drug discovery and development with itsAI and machine learning platform, RADR.With the help of machine learning, AI and advanced genomics, its platform can scan billions of data points to help identity compounds that could help cancer patients.
Now trading at $6.46, theres even more to get excited about.
For one,Lantern just received regulatory approval to expand its Harmonic trial,a Phase 2 trial thats evaluating LP-300 fornon-small cell lung cancer, or NSCLC, in people that have never smoked in Japan and Taiwan. About athird of all lung cancer patientsin East Asia have never smoked, with numbers still rising.
With the expanded study, it can accelerate the collection of patient and response data needed for the development of LP-300. And if successful, the treatment may be able to help treat relapsed and inoperable adenocarcinoma of the lung in combination with chemotherapy.
Its also working with French biotech company,Oregon Therapeuticsto developprotein disulfide isomerase, or PDI, inhibitor drug candidate XCE853. Lantern will use its RADR AI platform to uncover biomarkers and efficacy-associated signatures of XCE853 across solid tumors that can aid in precision development,as noted in a company press release.
Source: Gorodenkoff / Shutterstock.com
We can also look atExscientia(NASDAQ:EXAI), an AI-driven precision medical company thats accelerating drug development and reducing the time to get it to market.
In fact,as noted by the company, Exscientia developed the first-ever functional precision oncology platform to successfully guide treatment selection and improve patient outcomes in a prospective interventional clinical study, as well as to progress AI-designed small molecules into the clinical setting.
At the moment, the company in still in Phase 1/2 studies for GTAEXS617, a potential best in class CDK7 inhibitor for the treatment of solid tumors. The company expects to move into a combination phase of the trial by the second half of the year.
In addition,EXS74539 is the companys LSD1 inhibitorand is currently making its way through IND-CTA-enabling studies (investigational new drug-clinical trial application). With it, EXAI plans to submit an IND or CTA by the third quarter of the year. It also has a goal to initiate a Phase 1/2 trial for acute myeloid leukemia (AML) patients by the end of the year.
Source: Shutterstock
Or, if you want to diversify with AI-focused companies that will benefit from AI and machine learning, theres theRoundhill Generative AI & Technology ETF(NYSEARCA:CHAT).
With an expense ratio of 0.75%, the ETF holds 50 related stocks, such asNvidia(NASDAQ:NVDA),Microsoft(NASDAQ:MSFT),Alphabet(NASDAQ:GOOG),Meta Platforms(NASDAQ:META),Advanced Micro Devices(NASDAQ:AMD), andAdobe(NASDAQ:ADBE) to name a few. All of which stand to benefit from the artificial intelligence and machine learning story.
Even better, I can buy 100 shares of CHAT for about $3,500, and gain exposure to those 50 holdings. Thats far better than buying just one of its holdings lets say 100 shares of just NVDA for about $95,000.
With the ETF, youre diversified and all your eggs arent in just one basket.
On the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.
Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.
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The 3 Best Machine Learning Stocks to Quadruple Your Money by 2035 - InvestorPlace
Redox, Snowflake Partner to Streamline Healthcare Data Exchange for AI and Machine Learning – HIT Consultant
What You Should Know:
Redox, a healthcare interoperability company, and Snowflake, the Data Cloud company, have joined forces to simplify the exchange of healthcare data.
This strategic partnership aims to revolutionize how healthcare organizations access and utilize patient data, ultimately leading to improved patient care.
Unifying Legacy Systems for Seamless Data Flow
The collaboration leverages Redoxs expertise in unifying healthcare data from various sources, including legacy systems and disparate formats. This unified data stream is then delivered to Snowflakes Healthcare & Life Sciences Cloud in near real-time. This streamlined approach eliminates data silos and ensures a more comprehensive view of patient health information.
Empowering Providers, Payers, and Digital Health with AI and ML
By making healthcare data readily available in Snowflakes secure and scalable cloud environment, Redox and Snowflake empower various healthcare stakeholders. Providers, payers, and digital health organizations can leverage this data for advanced analytics powered by Artificial Intelligence (AI) and Machine Learning (ML).
The ability to quickly, easily, and securely access health data from a variety of systems is essential for uncovering meaningful insights that are required for better precision-based care and better member outcomes, said Joe Warbington, Industry Principal for Healthcare at Snowflake. Together, the Snowflake Healthcare and Life Sciences Data Cloud and Redox accelerate interoperability to centralize live healthcare data from often dozens to hundreds of data system silos, equipping our customers to garner deeper data insights, construct comprehensive Patient 360 data products, and push insights back into EHRs and health tech apps. We look forward to seeing how Snowflakes and Redoxs technologies drive the future of connected healthcare.
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Redox, Snowflake Partner to Streamline Healthcare Data Exchange for AI and Machine Learning - HIT Consultant
TikTok moves toward ‘performance automation vision’ with latest machine learning ad tools – Digiday
TikToks latest machine learning ad solutions are proof that the platform wants to automate as much of its advertising as possible.
The product, dubbed Performance Automation, was announced at the platforms fourth annual TikTok World product summit today its first official summit since Biden signed the TikTok divest or sell bill last month, and subsequently the entertainment app took the U.S. government to court to appeal.
Its safe to say TikTok wants advertisers to believe its not entertaining the idea of being booted out of the U.S. anytime soon. If that wasnt already obvious during its NewFront earlier this month, this latest announcement makes it clearer that its business as usual for the platform right now. Or at least trying to make it as clear as possible that advertisers can park their contingency plans and keep spending on TikTok.
TikTok is actively working to keep marketers engaged and on the platform despite the legislative challenges, said Traci Asbury, social investment lead at Goodway Group. They [TikTok] have complete confidence in their upcoming legal appeals and are actively encouraging marketers to keep adopting best practices and usage of the platforms capabilities to make positive impacts on their businesses.
Well, you probably already know about TikToks Smart Performance Campaign, which was launched last year. The campaign uses semi-automation capabilities including auto-targeting, auto-bidding and auto-creative.
But Performance Automation, which is still in early testing, goes one step further, by automating more of the process, including the creative. With this campaign, advertisers input the necessary assets, budget and goals, and TikToks predictive AI and machine learning will select the best creative asset, to ensure the best campaign is put in front of the right customer at the right time. As a TikTok spokesperson confirmed, the platform is moving toward a performance automation vision and this latest product is the next step on that journey.
And thats not all. The platform has also launched a similar capability for its TikTok Shop, dubbed TikTok Shop Marketing Automation. Like Performance Automation, this works by automating bidding, budgeting, ad management and creative for TikTok Shop products. Since TikTok Shop is only available in select regions, this latest product is currently rolled out in South-East Asia, and in testing in the U.S.
Ohio-based health and wellness brand Triquetra Health is one of those early testers. According to Adolfo Fernandez, global product strategy and operations at TikTok, the brand already achieved 4x their return on investment in TikTok Shop within the first month of using this new automation product, and increased sales on the platform by 136%. He did not provide exact figures.
To be clear, Performance Automation and TikTok Shop Marketing Automation arent their official names. These are just temporary identities the platform is using until they roll out the products officially.
Still, all sounds familiar? Thats because it is. Performance Automation is similar to what the other tech giants have been doing for a while now, and what TikTok started to dabble in with its Smart Performance Campaign last year. Think Googles Performance Max, Metas Advantage+ and now even Amazons Performance+ they all play a similar role for their respective platforms. TikTok just joining the pack simply confirms that automation is the direction that advertising as an industry is heading.
In many ways, this was inevitable. Meta, Google et al have amassed billions of ad dollars over the years by making it as easy as possible for marketers to spend on their ads. From programmatic bidders to attribution tools, the platforms have tried to give marketers fewer reasons to spend elsewhere. Machine learning technologies that essentially oversee campaigns are the latest manifestation of this. Sooner or later TikTok was always going to make a move.
Still, there are concerns aplenty over how these technologies work they are, after all, the ultimate set it and forget it type of campaign. Marketers hand over the assets and data they want the platform to work with, and the technology takes it from there. Thats it. Marketers have no way of knowing whether these campaigns are doing what the platform says theyre doing because theyre unable to have them independently verified. It remains to be seen whether TikToks own effort will take a similar stance or break with tradition.
Speaking of measurement, TikTok is also launching unified lift a new product which measures TikTok campaign performance across the entire decision journey, using brand and conversion lift studies. KFC Germany has already tried it out and drove a 25% increase in brand recall and saw an 81% increase in app installs, according to Fernandez, without providing exact figures.
Among the other announcements were:
Well for now, nothing much has changed. Marketers have contingency plans in place, but thats just standard business practice. Beyond that, everything as far as TikTok goes is pretty much business as usual.
Colleen Fielder, group vp of social and partner marketing solutions at Basis Technologies said her team is not actively recommending any of their clients discontinue spending on TikTok. Theyre continuing to include the platform on proposals.
We knew TikTok was going to sue the U.S. government, and that may push this 9-12 month timeline even further back, which gives us a longer lead time to continue running on TikTok and / or identify alternative platforms as needed, she said.
For Markacy, its a similar state of play. We have a loose partnership with digital media company Attn, which is heavily invested in TikTok, said Tucker Matheson, co-CEO of the company. Theyre still getting big proposals for work, which is a positive sign.
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TikTok moves toward 'performance automation vision' with latest machine learning ad tools - Digiday
Five industries undergoing transformative change due to ongoing Artificial Intelligence research Intelligent CIO … – Intelligent CIO
Around the world, major industries are undergoing transformative changes thanks to the power and adaptability of Artificial Intelligence (AI).
From AI algorithms that enhance the efficiency of flightpaths, to AI assisted drones that monitor crops, and metaverse-based immersive learning, here are five key sectors that are at the heart of the AI revolution.
1)Healthcare:AI will have large-scale impact in the health industry. The university has more than 20 ongoing or upcoming health-related research projects with partners such as the Malaria No More, Quris-AI, Aspire, Infinite Brain Technologies (IBT), Abu Dhabi Health Co and Sheikh Shakhbout Medical City. To combine these efforts, the university launched itsInstitute of Digital Public Health (IDHP)this year to provide a pathway to transformative AI advancements to solidify the UAEs visionto become a global hub for AI and a centre for life sciences.
AI is already revolutionising healthcare by streamlining administrative tasks, enhancing diagnostics, and personalising patient care. However, machine learning tools will have the biggest impact and can analyse vast amounts of medical data from patient records to CT scans to identify patterns and predict diseases, leading to earlier detection and more effective treatments. Most recently, MBZUAI partnered with The Department of Health Abu Dhabi (DoH) and Core42 to launch the Global AI Healthcare Academy center and provide AI training and upskilling to the Emirates healthcare workforce.
2) Aviation:In the aviation industry, AI is optimising operations, improving safety and enhancing the passenger experience. Airlines are also using AI algorithms to predict maintenance needs, optimising aircraft use and reducing delays.
Last year, MBZUAI andEtihad Airways, the national airline of the UAE, signed a Memorandum of Understanding (MoU) to jointly develop initiatives and conduct research into how AI could transform key aspects of the aviation sector. As part of the agreement, both organisations will establish joint training programs and explore research opportunities. Etihad Airways was also a launch partner of Jais, the worlds most advanced Arabic large language model (LLM).
3)Agriculture:AI technologies are being used to increase crop yields, enhance food security and optimise resources used in agriculture. Drones equipped with AI-powered sensors can monitor crops and detect diseases and nutrient deficiencies early, enabling targeted interventions, while Machine Learning algorithms can analyse weather patterns and soil data to provide insights for precision farming.
MBZUAI will work withSilal, an agri-food company based in Abu Dhabi, to bring AI innovation to agriculture and food production. The agreement will support the creation of a joint AI Center of Excellence with the potential to enable the UAE to develop and expand its food production sector and increase sustainable practices.
4) Education:AI is reshaping education by personalising learning experiences, automating administrative tasks and creating new types of learning experiences.Adaptive learning platformsuse AI algorithms to tailor curriculum and learning materials to each students individual needs and learning pace, while virtual tutors and chatbots provide instant assistance and feedback to students.
MBZUAIsMetaverse Center(MMC) is conducting research on AI-enabled metaverse virtual teleportation solutions that could help expand education by giving children in remote areas the ability to attend school virtually, in immersive 3D environments. The university is also exploring ways to create bespoke avatars and 3D content.
5) Energy:In the energy sector, AI is optimising operations, increasing efficiency and promoting sustainability. AI also requires a lot of power to operate. MBZUAI is championing sustainable AI at scale and researching ways to reduce AIs energy consumption. The university pioneered theAI Operating System (AIOS),a technology designed to substantially reduce the three big costs of AI computing energy, time and talent. MBZUAIs AIOS reduces AI computing energy costs by making models smaller, faster, more efficient and less reliant on expensive hardware for AI creation. It directly speeds up the computing operations involved in training and serving AI models, which further reduces the time needed for training. On top of this, researchers have been working on an array of open-source, on-device or efficiently trained LLMs.
Smart grids leverage AI algorithms to monitor and manage energy distribution in real-time, optimising loads and reducing energy wastage. A team at MBZUAI is working on AI solutions forsmart energy gridsby applying a technique called federated learning to train a machine learning model, enabling it to learn about the energy usage habits of millions of users without compromising data privacy. This enables energy providers to massively increase the efficiency and reliability of energy distribution.
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Five industries undergoing transformative change due to ongoing Artificial Intelligence research Intelligent CIO ... - Intelligent CIO
AI Startup Says California AI Bill Will Hamper Innovation – BroadbandBreakfast.com
AI
The bill increases regulatory requirements for machine learning systems in California.
May 24, 2024 In a Tuesday press release, Haltia AI, an artificial intelligence startup based in Dubai, warned leaders in machine learning that Californias new AI bill will cripple innovation with overly burdensome regulations.
Haltia said that the bill throws a wrench into the growth of AI startups with its unrealistic requirements and stifling compliance costs.
The legislation, titled the Understanding the Safe and Secure Innovation for Frontier Artificial Intelligence Act, was introduced in February and passed the California State Senate on Tuesday. The act mandates that developers of AI tools comply with various safety requirements and report any safety concerns.
AI systems are defined by the act as machine-based systems that can make predictions, recommendations, decisions, and formulate options. Safety tests include ensuring that an AI model does not have the capability to enable harms, such as creation of chemical and biological weapons or cyberattacks on critical infrastructure. Third party testers will be required to determine the safety of these systems.
Haltia said that on the surface, the act aims for responsible AI development. However, its implementation creates a labyrinth of red tape that disproportionately impacts startups. Because the bill requires ongoing annual reviews, Haltia argues that it adds significant technical and financial burdens.
Arto Bendiken, co-founder and CTO at Haltia, said that the act is a prime example of how well-intentioned regulations can morph into a bureaucratic nightmare. He added that the financial penalties for non-compliance only exacerbate the issue, potentially deterring groundbreaking ideas before they even take flight.
Haltia called for other AI startups to follow its lead and move operations to the United Arab Emirates where its thriving ecosystem, coupled with its commitment to the future of AI, makes it the ideal launchpad for the next generation of groundbreaking AI technologies in the Silicon Valley of the East.
In 2023, California Governor Gavin Newson signed an executive order that announced new directives aimed at understanding the risks of machine learning technologies in order to ensure equitable outcomes when used and to prepare the states workforce for its use.
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AI Startup Says California AI Bill Will Hamper Innovation - BroadbandBreakfast.com
Collaboration to drive artificial intelligence and machine learning market growth | TheBusinessDesk.com – The Business Desk
Liverpool-based SysGroup, a technology partner specialising in the delivery and management of cloud, data and security services, has signed a strategic partnership with IT solutions and services provider, Softcat.
The deal with Softcat, which has a base in Leeds, is designed to open up new avenues for SysGroup in the artificial intelligence and machine learning markets. (AI and ML)
Andrew Hermsen, Softcat chief technologist Data, AI & Automation, said: We are pleased to announce our strategic partnership with SysGroup, which represents a significant step forward in addressing the evolving needs of our customers in the dynamic and rapidly growing machine learning market.
This collaboration leverages the unique strengths of both companies, combining SysGroups innovative AI and ML solutions with Softcats deep expertise in the IT market.
Together, we are poised to deliver unparalleled value, helping our clients harness the transformative potential of machine learning to drive business growth and innovation.
As the opportunities in this space continue to expand, we are committed to providing cutting-edge solutions that empower our customers to stay ahead of the curve.
Heejae Chae, SysGroups executive chairman, added: We are thrilled to have achieved Preferred Partner status with Softcat plc, marking a significant milestone in our journey to become a leading force in the AI and ML markets.
This partnership not only validates our innovative approach to AI and ML solutions but also opens up new possibilities for us to deliver exceptional value to our clients.
By combining our strengths with Softcats industry-leading expertise, we can offer comprehensive and cutting-edge solutions that drive efficiency and innovation for our customers.
We look forward to the tremendous opportunities this collaboration will bring and are excited about the positive impact it will have on our clients success.
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Collaboration to drive artificial intelligence and machine learning market growth | TheBusinessDesk.com - The Business Desk
Scientists leverage machine learning to decode gene regulation in the developing human brain – EurekAlert
image:
The study is part of the PsychENCODE Consortium, which brings together multidisciplinary teams to generate large-scale gene expression and regulatory data from human brains across several major psychiatric disorders and stages of brain development. (From left: first authors Sean Whalen and Chengyu Deng, and senior authors Katie Pollard and Nadav Ahituv.)
Credit: Gladstone Institutes / Michael Short
SAN FRANCISCOMay 24, 2024In a scientific feat that broadens our knowledge of genetic changes that shape brain development or lead to psychiatric disorders, a team of researchers combined high-throughput experiments and machine learning to analyze more than 100,000 sequences in human brain cellsand identify over 150 variants that likely cause disease.
The study, from scientists at Gladstone Institutes and University of California, San Francisco (UCSF), establishes a comprehensive catalog of genetic sequences involved in brain development and opens the door to new diagnostics or treatments for neurological conditions such as schizophrenia and autism spectrum disorder. Findings appear in the journal Science.
We collected a massive amount of data from sequences in noncoding regions of DNA that were already suspected to play a big role in brain development or disease, says Senior Investigator Katie Pollard, PhD, who also serves as director of the Gladstone Institute for Data Science and Biotechnology. We were able to functionally test more than 100,000 of them to find out whether they affect gene activity, and then pinpoint sequence changes that could alter their activity in disease.
Pollard co-led the sweeping study with Nadav Ahituv, PhD, professor in the Department of Bioengineering and Therapeutic Sciences at UCSF and director of the UCSF Institute for Human Genetics. Much of the experimental work on brain tissue was led by Tomasz Nowakowski, PhD, associate professor of neurological surgery in the UCSF Department of Medicine.
In all, the team found 164 variants associated with psychiatric disorders and 46,802 sequences with enhancer activity in developing neurons, meaning they control the function of a given gene.
These enhancers could be leveraged to treat psychiatric diseases in which one copy of a gene is not fully functional, Ahituv says: Hundreds of diseases result from one gene not working properly, and it may be possible to take advantage of these enhancers to make them do more.
Organoids and Machine Learning Take the Spotlight
Beyond identifying enhancers and disease-linked sequences, the study holds significance in two other key areas.
First, the scientists repeated parts of their experiment using a brain organoid developed from human stem cells and found that the organoid was an effective stand-in for the real thing. Notably, most of the genetic variants detected in the human brain tissue replicated in the cerebral organoid.
Our organoid compared very well against the human brain, Ahituv says. As we expand our work to test more sequences for other neurodevelopmental diseases, we now know that the organoid is a good model for understanding gene regulatory activity.
Second, by feeding massive amounts of DNA sequence data and gene regulatory activity to a machine learning model, the team was able to train the computer to successfully predict the activity of a given sequence. This type of program can enable in-silico experiments that allow researchers to predict the outcomes of experiments before doing them in the lab. This strategy enables scientists to make discoveries faster and using fewer resources, especially when large quantities of biological data are involved.
Sean Whalen, PhD, a senior research scientist in the Pollard Lab at Gladstone and a co-first author of the study, says the team tested the machine learning model using sequences held out from model training to see if it could predict the results already gathered on gene expression activity.
The model had never seen this data before and was able to make predictions with great accuracy, showing it had learned the general principles for how genes are impacted by noncoding regions of DNA in developing brain cells, Whalen says. You can imagine how this could open up a lot of new possibilities in research, even predicting how combinations of variants might function together.
A New Chapter for Brain Discoveries
The study was completed as part of the PsychENCODE Consortium, which brings together multidisciplinary teams to generate large-scale gene expression and regulatory data from human brains across several major psychiatric disorders and stages of brain development.
Through the consortiums publication of multiple studies, it seeks to shed light on poorly understood psychiatric conditions, from autism to bipolar disorder, and ultimately jumpstart new treatment approaches.
Our study contributes to this growing body of knowledge, showing the utility of using human cells, organoids, functional screening methods, and deep learning to investigate regulatory elements and variants involved in human brain development, says Chengyu Deng, PhD, a postdoctoral researcher at UCSF and a co-first author of the study.
About the Study
The study, Massively Parallel Characterization of Regulatory Elements in the Developing Human Cortex, appears in the May 24, 2024 issue of Science. Authors include: Chengyu Deng, Sean Whalen, Marilyn Steyert, Ryan Ziffra, Pawel Przytycki, Fumitaka Inoue, Daniela Pereira, Davide Capauto, Scott Norton, Flora Vaccarino, PsychENCODE Consortium, Alex Pollen, Tomasz Nowakowski, Nadav Ahituv, and Katherine Pollard.
The work was funded in part by the National Institute of Mental Health, the New York Stem Cell Foundation, the National Human Genome Research Institute, and Coordination for the Improvement of Higher Education Personnel. The data generated was part of thePsychENCODE Consortium.
About Gladstone Institutes
Gladstone Institutesis an independent, nonprofit life science research organization that uses visionary science and technology to overcome disease. Established in 1979, it is located in the epicenter of biomedical and technological innovation, in the Mission Bay neighborhood of San Francisco. Gladstone has created a research model that disrupts how science is done, funds big ideas, and attracts the brightest minds.
Massively parallel characterization of regulatory elements in the developing human cortex
24-May-2024
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Scientists leverage machine learning to decode gene regulation in the developing human brain - EurekAlert
Softcat partners with AI specialists Sysgroup on machine learning – City A.M.
Wednesday 29 May 2024 7:49 am
Softcat has partnered with artificial intelligence specialist Sysgroup, in a move bosses hope will expand its machine learning customer-base.
The companies have entered a strategic partnership which will see Sysgroup provide machine learning services for Softcat clients, as the firm looks to tap the ever-growing demand for AI tools.
Machine learning is technology that allows computers to mimic the way humans learn
Sysgroup, which is headquartered in Manchester following a move from Liverpool in February, was valued at 2.2bn in its last funding round, and reported revenue of 22.7m for the year ended 31st March 2024.
Softcats chief technologist Andrew Hermsen said: We are pleased to announce our strategic partnership with SysGroup, which represents a significant step forward in addressing the evolving needs of our customers in the dynamic and rapidly growing machine learning market.
This collaboration leverages the unique strengths of both companies, combining SysGroups innovative AI and ML solutions with Softcats deep expertise in the IT market.
Together, we are poised to deliver unparalleled value, helping our clients harness the transformative potential of machine learning to drive business growth and innovation.
As the opportunities in this space continue to expand, we are committed to providing cutting-edge solutions that empower our customers to stay ahead of the curve.
Sysgroups executive chairman Heejae Chae added: We are thrilled to have achieved Preferred Partner status with Softcat plc, marking a significant milestone in our journey to become a leading force in the AI and ML markets.
This partnership not only validates our innovative approach to AI and ML solutions but also opens up new possibilities for us to deliver exceptional value to our clients.
By combining our strengths with Softcats industry-leading expertise, we can offer comprehensive and cutting-edge solutions that drive efficiency and innovation for our customers.
We look forward to the tremendous opportunities this collaboration will bring and are excited about the positive impact it will have on our clients success.
Continued here:
Softcat partners with AI specialists Sysgroup on machine learning - City A.M.
Dell Technologies’ Ed Hicks: Federated Learning Could Help Agencies Advance AI at the Edge – GovCon Wire
Ed Hicks, business development manager for federal and artificial intelligence at Dell Technologies (NYSE: DELL), said government agencies that intend to implement AI at the edge should consider adopting federated learning to quickly glean insights from data while ensuring the security of critical data.
In an article published on Carahsoft.com, Hicks noted that federated learning could enable agencies to leverage larger datasets at a decreased bandwidth.
Federated models require significantly less bandwidth than other models because the information isnt being sent back to a data center for processing, he wrote. If an agency has a rich dataset in the cloud and a small amount of compute at the edge, it can use federated learning to train the edge device without having to move all the data from the cloud.
Hicks cited some of the key considerations for agencies that plan to apply AI at the edge, including the need to identify the end goal of the AI or a machine learning model.
Other key questions include how much data an agency is trying to process and how quickly it needs the results, he added.
The Dell Technologies executive discussed how the company works to help agencies that intend to incorporate AI at the edge, such as creating a roadmap for AI implementation, providing federated learning and analytics tools to agencies and finding ways for agencies to make the most of their data.
We also provided a validated, containerized solution that agencies can use to quickly and easily deploy a federated learning solution in a Kubernetes environment, Hicks added.
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Dell Technologies' Ed Hicks: Federated Learning Could Help Agencies Advance AI at the Edge - GovCon Wire
Bringing generative artificial intelligence to space – SpaceNews
TAMPA, Fla. Amazon Web Services is busy positioning its cloud infrastructure business to capitalize on the promise of generative artificial intelligence for transforming space and other industries.
More than 60% of the companys space and aerospace customers are already using some form of AI in their businesses, according to AWS director of aerospace and satellite Clint Crosier, up from single digits around three years ago.
Crosier predicts similar growth over the next few years in space for generative AI, which uses deep-learning models to answer questions or create content based on patterns detected in massive datasets, marking a major step up from traditional machine-learning algorithms.
Mathematical advances, an explosion in the amount of available data and cheaper and more efficient chips for processing it are a perfect storm for the rise of generative AI, he told SpaceNews in an interview, helping drive greater adoption of cloud-based applications.
In the last year, AWS has fundamentally reorganized itself internally so that we could put the right teams [and] organizational structure in place so that we can really double down on generative AI, he said.
He said AWS has created a generative AI for space cell of a handful of people to engage with cloud customers to help develop next-generation capabilities.
These efforts include a generative AI laboratory for customers to experiment with new ways of using these emerging capabilities.
Crosier sees three main areas for using generative AI in space: geospatial analytics, spacecraft design and constellation management.
Earth observation satellite operators such as BlackSky and Capella Space already use AI extensively to gain more insights into their geospatial data, but have not yet bridged into generative AI.
Its also early days in the manufacturing sector, but Crosier said engineers are experimenting with how a generative AI model fed with design parameters could produce new concepts by drawing from potentially overlooked data, such as from the automotive industry.
Whether youre designing a satellite, rocket or spacecraft, youre letting the generative AI go out and do that exploratory work around the globe with decades of data, he said, and then it will come back and bring you novel design concepts that nobody has envisioned before for your team to use as a baseline to start refining.
He said generative AI also has the potential to help operators manage increasingly crowded orbits by helping to simulate testing scenarios.
If I have a constellation of 600 satellites, I want to model how that constellation will behave under various design parameters, he said.
Well, I can get a model of two concepts, which leaves me woefully inadequate but it costs time and money to model them, or I can model an infinite number. Gen AI will tell me what are the top 25 cases I should model for my modeling simulation capability that will give me the best design optimization, and so were seeing it used that way.
AWS efforts to accelerate the adoption of these emerging computing capabilities also include scholarships and a commitment announced in November to provide free AI training for two million people worldwide before the end of 2025.
This article was updated May 28 to clarify that BlackSky and Capella Space have yet to integrate generative AI into their business, although they use AI extensively.
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Bringing generative artificial intelligence to space - SpaceNews