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Stablecoin Tether’s reserves hit record $86.5 billion in second quarter – Reuters

LONDON, July 31 (Reuters) - The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion "operational profit", a 30% increase on the previous quarter.

Stablecoins are a type of cryptocurrency which aim to keep a constant value and are usually backed by traditional assets such as dollars. Tether says there is $83.8 billion of its coin in circulation, which makes it the third largest cryptocurrency overall, according to market tracker CoinGecko.

Tether's reserves report, signed off by accountants BDO Italia, says Tether's assets rose to $86.5 billion in the three months to June 30, 2023, up 5.7% from the previous quarter and a record high, according to previous reports on its website.

Tether is a key cog in global digital asset trading, with many crypto-to-crypto trades denominated in the stablecoin.

U.S. regulators have warned banks that stablecoin reserves could be subject to rapid outflows, for example if holders rushed to exchange such tokens back into traditional currency.

Tether's holdings of U.S. Treasury Bills hit $55.8 billion, up 5.2% from the end of March, while non-U.S. Treasury Bills rose to $62.9 million, up more than 30% from the previous quarter, the report said.

Tether also counts $115 million of corporate bonds, $3.3 billion of precious metals, $1.7 billion worth of bitcoin, $5.5 billion of secured loans and $2.4 billion of unspecified "other investments" in its holdings.

Separate to the auditor's report, Tether said in a statement on its website that its operational profits from April to June were over $1 billion, which it said was a 30% quarterly increase, without specifying how this was calculated.

As part of a 2021 settlement with the New York Attorney General's office, Tether agreed to provide quarterly reports on its reserves for two years. Tether said on its website that it completed this requirement earlier this year.

Reporting by Elizabeth Howcroft; editing by Christina Fincher

Our Standards: The Thomson Reuters Trust Principles.

Reports on the intersection of finance and technology, including cryptocurrencies, NFTs, virtual worlds and the money driving "Web3".

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VLOG: Is artificial intelligence for optic disc photos ready for the … – Ophthalmology Times

Video Transcript

Editor's note- This transcript has been edited for clarity.

Hello and welcome to yet another edition of the NeuroOp Guru. I'm here with my good friend Drew Carey from Johns Hopkins and the Wilmer Eye Institute. Hi Drew.

Hi Andy, happy to be here.

And today we're going to be talking about the question "Is artificial intelligence for optic disc photos ready for the clinic and the ER?" So Drew, maybe you could just give us a little background on why is this even a question?

Well, I think for a long time, we've come to realize that colleagues without ophthalmologic training, ER doctors, primary care doctors, neurologists are not so good at fundoscopy, looking at the back of the eye, and specifically the optic nerve. You know, they don't do it through dilated pupils like ophthalmologist do, they don't do it a lot. So it's not a skill set that they've kept up if they ever really refined it in medical school. But there are some conditions where it is really important to look in the back of the eye and at the optic nerve, especially if you have a patient coming in with headaches and vision changes. W

e want to know is the optic nerve swollen, you know, could this be ischemic optic neuropathy, an emergency like giant cell arteritis, or papilledema, where they could have some kind of Bergeon, intracranial CNS process going on. And we can't get an ophthalmologist in every emergency room in America, but it would be feasible to put a camera. And then the question is, well, who's going to look at the picture? It should be somebody who knows what an optic nerve is supposed to look like. Or could it be an artificial intelligence that's been trained. And so I think that was the major initiative for this project was trying to improve the diagnostic value of fundoscopy in conditions where it would be desired.

And so this AI trained on thousands of photos that they just loaded in there and taught it, what it's supposed to look for.

Yeah, so there's been, you know, a lot of work in in AI and subtypes of AI, including deep learning systems, machine learning. And it does, it takes thousands and thousands of images that have been carefully combed through, and that we labeled with what we call ground truth where we know exactly what that picture represents, to train the system.

Kind of like a resident has to see thousands of cases during their training, in order to, you know, develop good clinical intuition and understanding what's going on. So for this, this group, the BONSAI consortium, based out of Singapore, they, you know, asked for pictures from neuro-ophthalmologist all across the world to try and develop a diverse training set. With patients who they knew what the diagnosis was, they knew what that optic nerve was showing. And that's what they trained it on.

And so maybe you could just walk us through these results of the BONSAI and you can see that it was already 168 times faster, but let's see if it's better. We know it can be faster. But is it better? Just maybe you could walk us through A and B here in terms of error rate?

Yeah absolutely. So what they did is they took 800 new photos that the machine had never seen before. Which is really important. You don't want to ask the artificial intelligence to answer a question that it already knows the answer to. And they so they showed that to BONSAI, and then they showed it to 30 different clinicians, six were general ophthalmologists, six were optometrists, six neurologists, six internal medicine doctors and six emergency medicine doctors.

And they asked them to classify these optic nerve photos as normal papilledema or other. And so they said, they split the groups into two different the doctors into two different groups. They said these are folks with opthalmic expertise, ophthalmologist and optometrist and the other folks, the neurologists, internal medicine and emergency medicine. And so in A, they said the error rate for the doctors with ophthalmic expertise looking at one photo of one eye, so they didn't get the benefit of two eyes. They said the error rate was about 25% for doctors with ophthalmic expertise. And for doctors without ophthalmic expertise it was close to 45%.

And the deep learning system was about 16% compared to what we knew the actual photo was. We know that that the machine is really good. You know that's what it was trained to do. And then in B they broke it down. They said these are ophthalmologists, optometrists, neurologists, internist and the emergency medicine doctors. And the ophthalmologists and optometrists were both very similar at about 25%, which is what we saw when they were together. And then the neurologists were, you know, not quite as good running around 38%. While the internal medicine doctors who, I don't remember the last time my eye was looked at in a primary care doctor office visit, was 43%.

And then the emergency medicine doctors were about 45%. And this is, they didn't even have to look inside the eye, this is a good quality fundus photo that we were able to just give the doctor and say, you know, this is, this is what the optic nerves looks like. And again, you know, the deep learning system was running around 16% for, you know, all the pictures. So that's, that's the comparison, which I think is really good. And we know that right, it's a machine, it doesn't have to stop and think about it. And you know, go through, okay, what's this blood vessel doing? What's that blood vessel do? It just looks at it and runs it through the algorithm, and takes about 25 seconds for it to look at all 800 photos.

Versus 70 minutes for the doctors, which I think 70 minutes to look at 800 photos is still pretty good. So that's what we found out. So the BONSAI had significantly higher accuracies in 100% of the papilledema cases, 87% of the normal cases, and 93% of the other cases, compared to the clinicians. So it's really good. I don't think it's ready to replace doctors, you know, neuro-ophthalmologists, because it's not perfect. And there's a lot of other clinical information.

We all know how important that history is for neuro-ophthalmology that it can't do. But it could really help to risk stratify. You know, this is somebody that really needs to see neuro ophthalmology or get an ophthalmologist in here in person to look at the patient, or say no, this is normal. Or this is somebody who needs to proceed to neuroimaging, lumbar puncture, you know, even if we can't get an ophthalmologist in here.

So do you think it's more like a decision support right now, like helps you make a decision? Or do you think it's not even that?

I think that's where it would be, you know, if this could be clinically implemented into emergency rooms, neurologist office. You know, the patient comes in and every patient with a headache, they get their blood pressure check to make sure it's not hypertensive emergency. They should get a photo of their optic nerve to make sure it's not elevated intracranial pressure or hypertensive emergency.

So and then, you know, the doctor can look at it. And the other thing that we know about the AI, compared to a doctor is it's not just a yes, no, it also gives it probabilities. It'll say I'm 100% certain this is normal. Or it'll say I'm 100% certain this is pappilledema. Ot it might say, it's probably papilladema, but I'm 65%.

You say okay, well, let's get some more data. Let's get an ophthalmologist in here to look at both eyes and ask some important questions like, do you have headaches? Do you have wooshing sounds in your ears? If you're having transient visual obscurations when you're bending over or coughing?

Well, so maybe the answer is stay tuned to this channel. But it certainly sounds like the machine is faster. And maybe even better than the doctors. The question is, is it cheaper?

Well, like you know, a lot of emergency rooms don't have an ophthalmologist on call. And if you're asking how much is it going to cost to pay somebody to cover call, he's not going to do it for free. And, you know, we could bill for photos that might be revenue generating as opposed to revenue loss. I think the big questions is regulatory.

You know, I think in the United States, we have one, that I'm aware of, FDA approved AI system, which is for retinal screening for diabetic retinopathy. They're looking at it for implementing into neuroimaging for CT scans to help to triage, this is a CT scan, we need the neuroradiologist to look at right now or put this one at the end of the pile to finish by the end of their shift. Yeah, cost is a big question. And it still has to go through FDA approval and then you know, it's still wrong 16% of the time, who's liable when it's wrong? You know, what's, what's the safety mechanism for the patient?

But compared to the safety mechanism, without it, you know, either nobody's looking or somebody's looking who's gonna be wrong, like half the time, I'd say, you know, if I was in the emergency room, have the machine, take a picture and tell me how I'm doing.

Well, Drew, as always a pleasure to chat with you. And that concludes yet another edition of the NeuroOp Guru. We'll see you guys next time.

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VLOG: Is artificial intelligence for optic disc photos ready for the ... - Ophthalmology Times

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Study Predicts Increased Student Use of Artificial Intelligence in the … – Fagen wasanni

A recent study conducted by Junior Achievement USA has indicated that student reliance on artificial intelligence (AI) is expected to rise in the upcoming school year. The survey revealed that 44% of students expressed their likelihood of using AI to complete assignments. Moreover, 48% of students reported knowing someone who has utilized AI to complete tasks on their behalf.

Despite the increasing usage of AI, the majority of teenagers still consider it to be a form of cheating. Out of the students surveyed, 60% believed that using AI in their schoolwork is dishonest, while 62% viewed it as just another tool to aid them in completing their assignments.

Educators are now tasked with ensuring that students are utilizing AI as a supplementary tool rather than relying solely on it to complete their work. Many school districts have implemented policies to prevent misuse of AI, including the use of software that can detect artificially generated student work.

Some students, like Luke Nathan from All Saints Episcopal School, have faced consequences for using AI in their academic endeavors. Nathan admitted to being caught multiple times, emphasizing that the payoff is not worth the risk. He also expressed concerns about the rapid advancements of AI and its implications in an educational context.

With AIs rapid growth and its potential to analyze and interpret complex data, there is a sense of awe and caution among students. Nathan mentioned watching AI assist in stock investments and witnessing its tremendous success, highlighting its remarkable power.

As more students express their intent to utilize AI in their academic pursuits, it is crucial for educators to strike a balance between leveraging the benefits of this technology while ensuring an honest and ethical learning environment.

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What is Artificial Intelligence (AI) Governance? Why Is It Important? – Techopedia

What is AI governance?

Artificial intelligence (AI) governance is about establishing a legal framework for ensuring the safe and responsible development of AI systems.

In the AI governance debate, society, regulators, and industry leaders are looking to implement controls to guide the development of AI solutions, from ChatGPT to other machine learning-driven solutions, to mitigate social, economic, or ethical risks that could harm society as a whole.

Risks associated with AI include societal and economic disruption, bias, misinformation, data leakage, intellectual property theft, unemployment due to automation, or even weaponization in the form of automated cyberattacks.

Ultimately, the end goal of AI governance is to encourage the development of safe, trustworthy, and responsible AI, defining acceptable use cases, risk management frameworks, privacy mechanisms, accuracy, and, where possible, impartiality.

AI governance and regulation are important for understanding and controlling the level of risk presented by AI development and adoption. Eventually, it will also help to develop a consensus on the level of acceptable risk for the use of machine learning technologies in society and the enterprise.

However, governing the development of AI is very difficult because not only is there no centralized regulation or risk management framework for developers or adopters to refer to, but it is also challenging to assess risk when this changes depending on the context the system is used within.

Looking at ChatGPT as an example, enterprises not only have to acknowledge that hallucinations can spread bias, inaccuracies, and misinformation, but they also have to be aware that user prompts can be considered leaked to OpenAI. They also need to consider the impact that AI-generated phishing emails will have on their cybersecurity.

More broadly, regulators, developers and industry leaders need to consider how to reduce the inaccuracies or misinformation presented by large language models (LLMs), as this information could potentially have the ability to influence public opinion and politics.

At the same time, regulators are attempting to strike a balance between mitigating risk without stifling innovation among smaller AI vendors.

Before regulators and industry leaders can have a more comprehensive perspective of AI-related risks, they first need more transparency over the decision-making processes of automated systems.

For instance, the better the industry understands how an AI platform comes to a decision after processing a dataset, the easier it is to identify whether that decision is ethical or not and whether the vendors processing activities respect user privacy and comply with data protection regulations such as the General Data Protection Regulation (GDPR).

The more transparent AI development is, the better risks can be understood and mitigated. As Brad Smith, vice chair and president of Microsoft, explained in a blog post in May 2023, When we at Microsoft adopted our six ethical principles for AI in 2018, we noted that one principle was the bedrock for everything else accountability.

This is the fundamental need: to ensure that machines remain subject to effective oversight by people, and the people who design and operate machines remain accountable to everyone else.

Without transparency over how AI systems process data, there is no way to assess whether they are developed with a concerted effort to remain impartial or if they are simply developed with the values and biases of their creators.

On 26 January 2023, the U.S. National Institute of Standards and Technology (NIST) released its AI risk management framework, a voluntary set of recommendations and guidelines designed to measure and manage AI risk.

NISTs standard is one of the first comprehensive risk management frameworks to enter the AI governance debate, which looks to promote the development of trustworthy AI.

Under this framework, NIST defines risks as anything that has the potential to threaten individuals civil liberties, which emerges due to the nature of AI systems themselves or how a user interacts with them. Crucially, NIST highlights that organizations and regulators need to be aware of the different contexts in which AI can be used to fully understand risk.

NIST also highlights four core functions organizations can use to start controlling AI risks:

It is important to note that NISTs framework has many critics due to the fact its a voluntary framework, so theres no regulatory obligation for organizations to develop AI responsibly at this stage.

One of the main barriers to AI governance at the moment is the black box development approach of AI leaders like Microsoft, Anthropic, and Google. Typically, these vendors will not disclose how their proprietary models work and make decisions in an attempt to maintain a competitive advantage.

While a black box development approach allows AI vendors to protect their intellectual property, it leaves users and regulators in the dark about the type of data and processing activities their AI solutions use to come to decisions or predictions.

Although other vendors in the industry, like Meta, are looking to move away from black box development to an open-source and transparent approach with LLMs like Llama 2, the opaqueness of many vendors makes it difficult to understand the level of accuracy or bias presented by these solutions.

AI governance is critical to guiding the development of the technology in the future and implementing guardrails to ensure that it has mainly positive outcomes for society as a whole.

Building a legal framework for measuring and controlling AI risk can help users and organizations to experiment with AI freely while looking to mitigate any adverse effects or disruption.

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The Impact and Risks of Artificial Intelligence – Fagen wasanni

Artificial intelligence (AI) has become a hot topic in recent times, raising questions about its nature and implications. Machine learning, which involves learning from massive amounts of data, is at the heart of AI. According to Eric Chown, a computer science professor at Bowdoin College, connecting numerous seemingly unintelligent components can result in something intelligent.

Chown, an expert with a Ph.D. in artificial intelligence, emphasizes that AI is already influencing our lives in ways we may not even realize. It affects the content we see on social media platforms, the recommendations we receive on streaming services like Netflix, and even the news stories we encounter on Facebook.

While discussing the risks associated with AI, Chown highlights the importance of not allowing computers, smartphones, and social media to have excessive control. He cautions against blindly accepting AIs decisions and urges individuals to critically evaluate its outputs. Accountability is crucial, and he believes that people need to be aware of the decision-making processes employed by AI.

This issue is particularly relevant in the context of journalism and the dissemination of information. Chown emphasizes the need for individuals to fact-check and verify the news they come across, especially in an era where information spreads rapidly and misinformation abounds. He suggests that society should prioritize teaching skills related to discerning reliable sources and distinguishing between fact and fiction.

Chown also draws attention to the flood of AI-generated content on the internet. He warns that relying on AIs own writings to train future AI programs could hinder progress and pose challenges for improvement.

Recognizing the demand for trustworthy news sources becomes crucial as AI-generated content continues to proliferate. However, this requires individuals to possess the necessary intelligence to discern reliable information from misleading or inaccurate content. By fostering a sense of accountability and critical thinking, society can better navigate the era of AI and ensure the responsible use of technology in our everyday lives.

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Augusta County School Board Explores Artificial Intelligence in … – Fagen wasanni

Augusta County School Board chairman, Nick Collins, wants to provide opportunities for board members to share their interests and ideas with the community. Collins believes that new voices and perspectives are beneficial for the school system. Recently elected board members, Timothy Simmons and Mike Lawson, have expressed their desire to bring new ideas and approaches to the board.

Simmons, in particular, has shown interest in joining the School Board Member Alliance, an organization that supports school board members with resources and training opportunities. The board unanimously approved Simmons request to join the organization at his own expense.

During a recent meeting, Lawson expressed his interest in exploring the topic of artificial intelligence (AI) in the classroom. Collins acknowledged that AI is a complex subject with many implications for education. While the issue will not be on the agenda for the upcoming meeting, Lawson will provide an update on the progress made in meetings related to AI.

The use of AI in education has become a nationwide concern. Some school districts have banned certain AI applications, while others see the potential benefits in tutoring programs and assessment systems. The Augusta County School Board will share some of their discussions on AI during the upcoming meeting.

In addition to the AI discussion, Superintendent Eric Bond will provide an update on Governor Glenn Youngkins new model policies released in July. Collins does not anticipate extensive board discussion on the policies but expects that staff will review them, potentially leading to further discussion in September.

Upcoming meetings for the community include the Staunton Augusta Waynesboro Metropolitan Planning Organization, Augusta County Board of Supervisors special called meeting, Augusta County Board of Zoning Appeals, Augusta County School Board meeting discussing AI, Community Policy Management Team, Staunton Lewis Creek Watershed Advisory Committee, Augusta County Planning Commission, and Waynesboro School Board meeting.

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Epazz Was Issued Its Third Patent for Its ZenaDrone 1000 Artificial Intelligence Technology – Financial Post

CHICAGO, Aug. 01, 2023 (GLOBE NEWSWIRE) via NewMediaWire Epazz, Inc. (OTC: EPAZ), a mission-critical provider of drone technology, artificial intelligence software, cryptocurrency apps, blockchain mobile apps and cloud-based business software solutions, has announced today that it was issued its third patent for its ZenaDrone 1000 Drone with AI Predictive. The official patent issuance delivery in a few weeks.

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The patent includes the unique design of ZenaDrone 1000 as well as claims on the utilization of the drone platform. This is the third patent issued to Epazz on the ZenaDrone 1000 technology. The company has applied for other patents and will be applying for more in the future. The company is building a portfolio of drone patents that will protect our technology and will create added value that may gain the interest of larger parties in the industry in the future.

ZenaDrone, Inc. is manufacturing over 30 drones, including 20 drones for Drone as a Service in Ireland and 10 drones for the joint venture with NightSun, LLC.

The company has opted not to announce the additional production of drones in the near future.

ZenaDrone has received a letter of support from the U.S. Air Force. There are several opportunities in the U.S. military that ZenaDrone has been focusing on and preparing the company for.

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CEO Shaun Passley, Ph.D., said, We are manufacturing over 30 drones that will be used for our customers in Ireland and the U.S. The new patent further secures our technology.

ZenaDrone is a provider of a multifunctional unmanned aerial vehicle equipped with machine-learning systems, multispectral sensors and AI technology. ZenaDrone uses the data captured from its cameras to create a 3D interactive environment.

The ZenaDrone 1000 has successfully garnered positive assessments and influence in several industries, especially in the agricultural, oil and gas, wildfire and civil engineering industries. This year, ZenaDrone aims to enhance the AI capabilities of the ZenaDrone 1000 to include autonomous navigation of unmapped terrains, deep learning algorithms for various actions and dual-use features to accommodate commercial and military drone utilization.

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The ZenaDrone team will use predictive AI analytics or predictive modeling, which is a type of analysis that employs methods and resources to create predictive models and to make predictions of future outcomes based on acquired data. Techniques utilized in predictive analytics include machine learning algorithms, sophisticated mathematics, statistical modeling, descriptive analytics and data mining. Predictive analytics refers to a method rather than a specific technology.

Epazz Holdings will prioritize developing the ZenaDrone 1000 by upgrading its AI technology to boost its global reach across industries.

ZenaDrone is dedicated to improving intelligent UAV technology that incorporates machine learning software and AI. It was created to revolutionize the hemp farming sector and later evolved into an intelligent multifunctional industrial surveillance, inspection and monitoring solution.

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Safe Harbor

The Safe Harbor statement under the Private Securities Litigation Reform Act of 1995 reads as follows:

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Certain statements contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of diction such as may, expect, intend, estimate, anticipate, believe and continue (or the negatives thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from future results or those implied by such statements. Investors are cautioned that any forward-looking statement does not guarantee future performance and that actual results may differ materially from those contemplated by such statements. Epazz Inc. assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC markets filings, which contain general business information about the companys operations, results of operations and risks associated with the company and its operations.

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Global Market for Artificial Intelligence Chipset Anticipated to Surpass US$ 700 billion, Rising at a CAGR of 31.8% from 2022 to 2031: TMR study -…

Transparency Market Research

The global market share for AI chipsets is being dramatically increased by the rise in demand for intelligent consumer electronics products

Wilmington, Delaware, United States, July 31, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global market for artificial intelligence chipset was estimated to have acquired a market valuation of around US$ 45.5 billion in 2021. The market is likely to garner a robust 31.8% CAGR from 2022 to 2031 and by 2031, the market is likely to gain US$ 717.4 billion.

Smart gadgets that are being utilized in daily life are becoming more and more common. During the forecast period, growth in the market is projected to be driven by an increase in demand for AI chips within consumer electronics products, including as high-end mobile devices, tablets, intelligent speakers, and wearables.

Leading smartphone companies are working to create AI-based devices that use less power and can do up to 5 trillion processes per second. AI image recognition is even being used to enhance the quality of photos.

General-purpose CPUs struggle to manage the growing volume of data created by smart devices for AI applications. ASIC and GPU chips are therefore utilized in AI applications. ASICs integrate established algorithms and are created for certain purposes, such as artificial intelligence or cloud computing.

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Market Snapshot:

Report Coverage

Details

Market Revenue

US$ 45.5 Bn

Estimated Value

US$ 717.4 Bn

Growth Rate - CAGR

31.8%

Forecast Period

2023-2031

No. of Pages

178 Pages

Market Segmentation

By Type, By Placement, By Distribution Channel

Regions Covered

North America, Europe, Asia Pacific, Middle East & Africa, South America

Companies Covered

Chipset Type, Deployment, Application, End-use Industry

Key Findings of the Market Report

Story continues

Market Trends for Artificial Intelligence Chipsets

Consumer goods including smartphones, computers, tablets, smart home appliances, smart speakers, as well as cameras are increasingly using AI processors.

General-purpose chips that are capable of being used in robots, washing machines, vacuum cleaners, and freezers are being developed by businesses.

Artificial intelligence (AI) semiconductor chips have been created to improve user experience. During the projection period, market statistics are anticipated to be driven by an increase in consumer electronics demand.

Home appliance producers are concentrating on creating cutting-edge items to meet the growing customer demand. They are working to create their own chips to lessen their dependency on other parties for supply chain reliability. For example, the Midea Group founded the Shanghai Meiren Semiconductor Co Ltd subsidiary, which engages in the design, manufacture, and marketing of intelligent power module chips alongside micro control unit chips utilized in electrical control systems, allowing the producer of home appliances to compete in the AI chip market.

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Global Artificial Intelligence Chipset Regional Market Outlook

During the projected period, North America is anticipated to lead the worldwide market. The United States is predicted to have considerable growth potential in the next years due to the growing use of electronic design automation (EDA) technologies to create cutting-edge AI hardware.

The biggest markets for consumer electronics and automobiles are in Asia Pacific. In terms of manufacturing and the use of lower-edge nodes to produce AI hardware, China complies with the lead of the United States.

Global Artificial Intelligence Chipset: Key Players

A number of significant AI software firms are working to create their own AI chips to maximize their uses. In the near future, this is anticipated to greatly increase market competitiveness. Numerous vendors, including new and established companies, are actively developing and selling AI chipsets.

Some manufacturers of AI chipsets are placing a strong emphasis on integrating neural networks into their AI hardware. Some of the top players within the global artificial intelligence chipset market are Alphabet, NVIDIA Corporation, Intel Corporation, IBM, Apple, Huawei, MediaTek, Google, Intel, Baidu, and Graphcore. Some developments by the key players in the global market for artificial intelligence chipsets are:

In 2023, AMD introduced new mobile CPUs as well as GPUs, featuring the first x86 PC CPU with a specialized AI engine. AMD also introduced a new 3D stacked desktop CPU with exceptional gaming performance at CES 2023, as well as a data center APU and an AI inference accelerator.

In 2022, MediaTek introduced the Dimensity 1080. It is the most recent chipset available for 5G smartphones within the Dimensity range. Compared to the Dimensity 920, it had superior performance and updated camera functions.

In 2022, the National Institute of Standards and Technology (NIST) of the United States Department of Commerce inked a joint research and development agreement alongside Google to create and manufacture chips for novel semiconductors as well as nanotechnology devices.

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Global Artificial Intelligence Chipset Market Segmentation By Chipset Type

By Deployment

Cloud-based AI Chips

Edge-based AI Chips

By Application

By End Use Industry

Automotive

IT and Telecommunication

Healthcare

Consumer Electronics

BFSI

Industrial

Others

By Region

North America

Europe

Asia Pacific

Middle East & Africa

South America

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil SawlaniTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: +1-518-618-1030USA Canada Toll Free: 866-552-3453Website:https://www.transparencymarketresearch.comBlog:https://tmrblog.comEmail:sales@transparencymarketresearch.com

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Artificial Intelligence’s Impact on Website Design and Development – Fagen wasanni

Artificial intelligence (AI) is a rapidly growing technology with applications in various fields, including website design and development. Web developers are increasingly exploring ways to incorporate AI into their projects, as it has the potential to revolutionize the industry.

One of the key ways AI is being implemented in website design is through artificial design intelligence (ADI) tools. These tools speed up the design process, allow for more innovative designs, and improve accuracy. AI also helps designers by performing repetitive and monotonous tasks, freeing up their time for more creative work. Additionally, AI can generate visual content by using context-understanding properties and cognitive abilities to analyze user data and search for references.

AI is also enhancing user experience on websites. Chatboxes powered by AI now use natural language processing to engage users in more authentic and human-like conversations. This customer-focused feature provides assistance, recommendations, and helps users find products and services that suit their preferences. AI also collects data on user interactions to create personalized product recommendations, tailor video and audio content, adjust pricing, and make offers based on user history and preferences.

Voice-based interaction is predicted to become the future of communication with websites. AI-powered voice features, such as voice-activated search and shopping assistance, will become indispensable for successful websites.

AI tools are invaluable for analyzing data and interpreting patterns. They provide insights into user behavior, allowing developers to refine websites for a flawless user experience. AI excels at collecting and processing data, making it more efficient than humans in this aspect. It can identify irregularities in website structures and remove inferior content.

AI can also assist with quality assurance and testing by identifying coding errors and providing solutions. This frees up developers time to focus on other important aspects of website development.

Furthermore, AI can assist developers with coding by evaluating different code pieces and predicting the best solutions. It can even generate code from scratch for various applications.

In conclusion, AI has had a significant impact on web design and development. It has made the design process more accessible, improved user experience and engagement, provided valuable data analysis, and simplified coding tasks. The emergence of AI has transformed traditional approaches and will continue to shape the future of website creation.

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Artificial Intelligence's Impact on Website Design and Development - Fagen wasanni

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John Lydon on Artificial Intelligence: It Will Ultimately Make Decisions for You, and Thats Very Dangerous – Yahoo Entertainment

The post John Lydon on Artificial Intelligence: It Will Ultimately Make Decisions for You, and Thats Very Dangerous appeared first on Consequence.

John Lydon, aka Johnny Rotten, once famously sang of No Feelings, but when it comes to artificial intelligence, the punk icon has very strong feelings. Mainly, he doesnt like the direction in which its heading.

The Sex Pistols/Public Image Ltd. frontman discussed his views on the use of AI in a new interview with The Guardian, and he had words of warning regarding its suddenly rampant use in everyday life.

Whos in charge and whos feeding the information and giving the guidelines to these artifices? Lydon questioned. What or where is the moral code? It has infiltrated young peoples minds now to the point of total domination. What will this create?

He then offered up his solution a gradual cleansing of AI from daily life.

My advice is make small steps against this and get that fucking Siri or whatever out of your house. It will ultimately make decisions for you, and thats very dangerous.

Lydon said that another symptom of AI would be the misrepresentation and the rewriting of history done so casually.

Ive got to deal with real human beings doing that, let alone artificial intelligence taking over, he said, harkening back to the Sex Pistols public fallout in 1978 as an example. Thats the other side of that coin.

Elsewhere in the interview, Lydon who faced backlash from fans for his surprising pro-Trump stance in 2020 threw in a sarcastic jab at the sitting president.

An artificially intelligent Joe Biden would be quite an issue, Lydon said. I find life quite hilarious.

Lydon is currently prepping the release of PiLs new album End of World, arriving August 11th. Pre-order the LP on vinyl here. The band will support the release by touring the UK and Europe this fall; tickets are available here.

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John Lydon on Artificial Intelligence: It Will Ultimately Make Decisions for You, and Thats Very DangerousJon Hadusek

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John Lydon on Artificial Intelligence: It Will Ultimately Make Decisions for You, and Thats Very Dangerous - Yahoo Entertainment

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