AINewsWire Archives - Page 20 of 41

FridayJan 03, 2025 10:00 am

Musk’s xAI Receives $6bn Cash Injection to Fund its AI Projects

xAI, the artificial intelligence company founded by Elon Musk, announced that it had successfully raised $6 billion in a Series C funding round. The announcement highlighted the involvement of major investors, including BlackRock, Andreessen Horowitz, Fidelity, MGX, Lightspeed, Morgan Stanley, QIA, OIA, Sequoia Capital, Vy Capital, Valor Equity Partners, AMD, and Nvidia, among others. Among the participants, Saudi Arabia’s Kingdom Holding Company contributed approximately $400 million, as revealed in a public filing. The document also indicated that xAI’s valuation has surged to $45 billion—almost doubling since its last funding round. With this latest investment, the company’s total funding now stands…

ThursdayJan 02, 2025 10:00 am

What Role Did AI Play During the Recent US Elections?

The use of AI-enhanced voices in robocalls was officially banned by the Federal Communications Commission (FCC) in the U.S. following the contentious robocall in New Hampshire that mimicked Joe Biden’s voice. The incident marked a turning point as the 2024 U.S. election unfolded in an era of widely accessible AI tools capable of generating realistic videos, images, and audio—often with malicious intent. Efforts to curb AI misuse ramped up quickly. Laws governing AI in political campaigns have been passed in 16 states, many requiring explicit disclaimers for artificial intelligence content issued close to elections. The Election Assistance Commission introduced an…

MondayDec 30, 2024 10:15 am

Nvidia is Increasingly Focusing on Robotics as Competition in the AI Chips Space Toughens

As competition in the AI chips segment stiffens, Nvidia Corp. (NASDAQ: NVDA) is looking to dominate the emerging AI robotics space. This company, currently valued at approximately $3.3 trillion, helped to launch the meteoric rise of AI and it now wants to market compact computers specifically for humanoid robots. The new crop of computers from Nvidia, referred to as Jetson Thor, is planned to hit the market in early 2025. This new development came to light in a report carried by the Financial Times. Nvidia plans to be the go-to platform when the humanoid robotics race gets underway. Nvidia’s VP…

MondayDec 30, 2024 8:45 am

Adageis Embracing New Era for Value-Based Care Amid Healthcare System Transition from CMS-HCC V24 to V28

The Centers for Medicare and Medicaid Services’ switch from the Hierarchical Condition Categories model V24 to the modernized V28 brings about an updated disease classification structure that aligns with current healthcare standards. V28 enhances the accuracy of Medicare Advantage payments, impacting conditions like diabetes and dementia. Under the new model, HCC categories rise from 86 to 115, with updated inclusion and exclusion criteria. The transition aligns closely with Adageis’s mission of revolutionizing patient care through innovative value-based care solutions, positioning the company for growth. Adageis aims to improve healthcare delivery by helping providers streamline operations and focus on delivering quality…

FridayDec 27, 2024 10:00 am

Why Nvidia’s Share Price Could Keep Climbing Beyond This Year

2024 has been a great year for artificial intelligence and particularly for big firms in the space like Nvidia Corp. (NASDAQ: NVDA), whose stocks have gained significantly since January. Despite a recent drop in some shares, analysts are still optimistic when it comes to Nvidia’s stock, expecting that it’ll gain more as demand for the firm’s chips continues to surpass their supply. Jensen Huang, the firm’s CEO, told investors in November that the era of artificial intelligence was here and that the firm was poised to gain as computing scale continued to grow. Of 21 analysts, 20 hold a buy…

ThursdayDec 26, 2024 11:00 am

Central Banks Are Hoarding Gold—Should You Follow Their Lead?

Central banks around the world have been ramping up their accumulation of gold, creating one of the most significant market shifts in years. Over the last two years, governments added over 2,000 tonnes of gold to their reserves (https://ibn.fm/U1IaY)—a pace not seen in the last 20 years. While economic headlines often focus on inflation or interest rate cycles, this relentless accumulation of gold reveals something deeper: a global move to hedge against uncertainty and challenge the dominance of traditional reserve currencies like the U.S. dollar. For investors, it raises an obvious question—if the biggest financial institutions on the planet are…

ThursdayDec 26, 2024 10:00 am

AI Model Scores Highly in Detecting Skin Cancer

Melanoma is a dangerous type of skin cancer that develops from the cells that produce melanin, known as melanocytes. This cancer can develop anywhere on the skin, although it’s most common on the backs of men and legs of women. It can manifest as a new spot or a change in an existing freckle or mole. Symptoms of melanoma include: Changes in color An unusual border Uneven edges or shape Changes in symptoms, like bleeding or new itchiness Changes in size New research published last month discussed a revolutionary artificial intelligence model that could transform how melanoma is detected. The…

MondayDec 23, 2024 9:30 am

AI is Being Trained to Spot Anomalies During Tests in the Medical Sector

Audra Moran, the head of a global charity (“OCRA”) focused on researching ovarian cancer, says her area of expertise is underfunded and very deadly. Most cases of this disease originate within the fallopian tubes and spread to the ovaries. The problem is, by the time the malignancy spreads to the ovaries, there is a high likelihood that it has also spread to other parts of the body. This is why early detection is critical as life-saving interventions can be carried out. The life-changing window of detection is approximately 5 years before the onset of ovary cancer symptoms, but it is…

FridayDec 20, 2024 10:00 am

AI Could Help in Preventing Diabetes-Linked Blindness

Diabetic retinopathy is a severe eye condition that can cause blindness in individuals with diabetes. It develops when high levels of blood sugar damage blood vessels found in the retina. American guidelines encourage individuals with type II diabetes to be screened at diagnosis, then once every year if no issue comes up. On the other hand, the NHS encourages diabetics to go for eye screening every 1 or 2 years. To screen for the condition, health professionals take pictures of the eye’s rear interior wall. While screening can help prevent vision loss, not every patient can access these services, primarily…

ThursdayDec 19, 2024 10:00 am

Unpacking What AI Agents Are, What They Do

Artificial intelligence agents are best defined as software powered by AI that completes different tasks that an individual asks them to do. Last month, Perplexity rolled out an artificial intelligence agent that assists individuals with their shopping for the holidays. Soon after, Project Mariner was released by Google to complete tasks like finding recipes, shopping for home items, and finding hotels and flights, among others. While this seems easy enough to understand, inadequate clarity on how to classify these agents makes it complicated. For Google, the agents are task-based assistants while for Asana, AI agents may play the role of…

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