Swiss Re and Hitachi are offering to insure industrial companies against business disruption from bad or back-firing algorithms in critical AI-controlled processes and operations. It is the first time enterprises have been offered insurance against AI.
The arrangement is between the commercial insurance division of...
In yet another illumination of the extent to which technological capability is increasingly seen as tied to national security, the U.S. Central Intelligence Agency is starting up its first-ever federal lab program, with a broad focus on the intersection of technology and intelligence that...
Wait and hope. That was the message from Huawei this week as it restated its master plan for supremacy of the digital change circuit in the shadow of stretching US sanctions against the firm. The company’s rotating chairman, Guo Ping, told the company’s CONNECT...
The National University of Singapore (NUS) and Singapore Technologies (ST) Engineering have signed a $6.6 million deal on a multi-year research programme to build a “people-centric smart future” for Singapore. A press statement from the pair says the research is for “Singapore, and beyond”,...
The IoT market for artificial intelligence (AI) and machine learning (ML) services will reach $1.09 billion in 2020 and grow to about 10-times the size, to $10.6 billion, by 2026, according to market advisory firm ABI Research.
The massive growth of so-called ‘advanced analytics’ within...
SoftBank retaining small ownership stake in Arm; NVIDIA paying in cash and stock
U.S.-based NVIDIA on Sunday announced it had struck a deal with Japanese conglomerate SoftBank group for the purchase of U.K.-based Arm, which specializes in semiconductor and software design. SoftBank purchased Arm in...
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has launched a revolutionary 5G energy saving solution, PowerPilot, in a bid to help operators realize higher energy efficiency, lower carbon footprint and achieve...
Peachtree Corners in the US, playing home to a live smart city testbed, has now installed 5G-enabled traffic monitoring video sensors. The city has signed with Bosch to deploy video-based analytics to manage driverless shuttles, remote-controlled e-scooters, and regular vehicles. Cradlepoint’s 5G router for...
The US government is to invest $1 billion into a dozen new research and development (R&D) institutes to stimulate the economy with homegrown artificial intelligence (AI), quantum information science (QIS), 5G communications, and other emerging technologies. The mission is to drive technological improvements in...
According to the survey, 83% of rail users support their city investing in 5G
The recent 2020 Connectivity outlook report published by BAI Communications suggests that there is global support and a growing demand for rail transport authorities and operators to invest in 5G networks...
Rolls-Royce is to make available new “breakthrough” research on how to construct an ethical framework for the use of artificial intelligence (AI) that people will “genuinely trust”. The company has claimed two templates for ethical industrial AI, which will help AI gain wider trust...
Arm has announced a new 64-bit Linux-capable Cortex-R processor, designed for the kind of computational edge-based storage solutions that will underpin new heavy-duty AI applications in demanding industrial IoT scenarios.
The new top-of-the-line Arm Cortex-R82 is the company’s first 64-bit, Linux-capable processor in the company’s...
Telefónica has purchased Valencia-based cybersecurity firm Govertis for an undisclosed fee, as part of a concerted buying spree. The company will be integrated into the Spain-based carrier’s digital-change unit, Telefónica Tech, and specifically its ElevenPaths cybersecurity sub-division. Telefónica said to expect more acquisitions in...
South Korea based electric power equipment company LS Electric has signed up Finnish vendor Nokia to supply an analytics-based asset management platform to local power utilities.
LS Electric, a division of Seoul-based conglomerate LS Group, wants an IoT and AI solution to enable customers to...
Nine in 10 industrial enterprises will use edge computing by 2022, as cloud workloads shift closer to the ‘coal face’ of industry in pursuit of lower latency and higher security. This spiralling interest in close-range industrial analytics functions will drive the value of multi-access...
Recently, ZTE released “AIVO Digital Operation Solution White Paper”. As one of the ten scenarios of autonomous evolving network, AIVO digital operation solution deeply practices the evolution of autonomous evolving network, systematically elaborates how to meet the customer's growing operation requirements, maximize the operation...
Arm has said its burgeoning IoT platform and data analytics businesses will not be handed over to parent Softbank after all, after the trade was announced last month as part of the UK-based chip design company’s plans to put focus on its core semiconductor...
The US Department of Energy (DOE) has pulled together a consortium of industry, government, non-profit, and academic bodies to develop artificial intelligence (AI) solutions to help with disaster response. Microsoft is co-chairing the group, called the First Five Consortium, with the DOE’s Artificial Intelligence...
World Honeybee Day is on the third Saturday in August every year, and this weekend (August 15) this year. North Carolina based analytics firm SAS Institute has used the occasion to draw attention to the way new IoT and AI technologies are helping to...
Coca-Cola European Partners has signed a multiyear agreement with IBM to move to an open hybrid cloud environment to create a “springboard” to launch IoT and AI technologies to bring new insights to its operations and drive efficiencies.
Coca-Cola European Partners (CCEP) was formed in...
US tech giant Microsoft and Italian natural gas utility Snam are developing a hybrid cloud infrastructure based on Azure to raise the processing power within Snam’s IoT sensor network, to bring efficiency and flexibility to its operations. The deal will help to build the...
The rail transport division of Japanese industrial conglomerate Hitachi Group has announced a deal to acquire UK-based rail technology firm Perpetuum for an undisclosed fee.
Perpetuum, based in Southampton, offers train monitoring solutions that combine IoT-based wireless sensors and AI-based data analytics to enable train...
European enterprises are divided about adoption of AI for digital transformation, with two-in-five embracing AI technologies and two-in-five disinclined to engage with them. But the remainder are interested, and the diversity of AI technologies being adopted suggests decent momentum.
This is the conclusion of a...
To manage such highly scalable and recursively sliced 5G networks and to maintain the customer QoE and SLAs in real time, the OSS systems managing the operations must be autonomous and self driven. It should be AI/ML based and must support cognitive algorithms for...
