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19 Jun, 2018

Episode 20 - Weekly IoT News Update

Team xelbaTeam xelba

This week we look at Google’s ethical principles about how to use AI technology, how IoT helps to tackle infrastructure corrosion, and how Hyundai utilise AI technology for the sake of humanity, society and the environment.

Google released a set of ethical principles about how it will use AI technology

Google has released a rulebook for how the company will apply AI technology. This has come from a conflict inside the company over management’s controversial decision to build AI tools for the military and the interruption to provide AI tech to the Pentagon. The seven principles include making sure that AI is applied to uses that are socially beneficial, safe, and won’t create unfair bias.

IoT helps to tackle infrastructure corrosion

CorrosionRADAR - a spin-off from Cranfield University, and Scotland’s Innovation Centre for Sensor and Imaging Systems are working together on a 12-month project to use sensors to detect corrosion hidden under insulation in the oil and gas, nuclear, renewables, and construction sectors. As well as cutting the financial costs associated with manual corrosion monitoring, they want to reduce the need for people to work in challenging conditions to remove insulation. This project shows how digital enablement and sensors could make our infrastructure smarter.

Hyundai Motor to develop AI Tech with Chinese partners

Hyundai Motor is set to develop futuristic AI technology for self-driving cars, by leveraging a partnership with DeepGlint, a Chinese startup specialising in AI. Hyundai plans to develop new technology based on DeepGlint’s AI expertise in addition to improve the quality of existing products, for instance, in eco-friendly cars.

Eigen Technologies closes mammoth £13m Series A to develop its AI tech

AI company Eigen Technologies has just closed one of the UK’s largest Series A rounds so far this year. The aim of the round is to fund developing tech that automatically extracts and classifies information found in documents, which can then be integrated into client workflows. Eigen’s technology can use risk-assessment to help make a decision on whether to bid on asset portfolios.

JD.com envisions AI-based future

JD.com has outlined its retail strategy, empowered by AI, big data, IoT, robotics, unmanned vehicles and blockchain. This will lead to smart supply chains and logistics, which will create a seamless experience for customers shopping online and offline. With such tech, JD.com foresees consumers worldwide to be able to order goods in the future via voice command on smart connected devices.

Moneyhub integrates with Monzo and Starling APIs

The platform Moneyhub has integrated with Monzo and Starling’s APIs to offer users a holistic overview of all their financial assets through the platform. Users can link up current and saving accounts alongside any credit cards, pensions, loans, mortgages, properties, SIPPs, ISAs or investments.

Norman - the world's first ‘psychopathic AI’ unveiled by Massachusetts Institute of Technology

Researchers in the US have unveiled Norman, the world's first "psychopathic AI". The project from MIT aims to show how algorithms are made, with Norman representing the dangers of what happens when biased data is used in machine-learning algorithms.

Juniper’s new MX routers target 5G

Juniper Networks, an industry leader in automated, scalable and secure networks, announced its new MX Series 5G Universal Routing Platform, which is now the industry’s only platform to deliver near-infinite programmability, cost efficiency and versatility with performance at scale. It combines software and hardware-based networking to equip carrier, cloud and enterprise customers for the evolving technological and business demands of next-generation services delivery.

Software AG announces acquisition of TrendMiner to expand IoT portfolio

Software AG announced the acquisition of TrendMiner, a firm that delivers discovery, diagnostic and predictive analytics software for the process industry. This acquisition aims to strengthen a leading position for Software AG in the IoT market. The plug-and-play software from TrendMiner will play a crucial role after its deployment in software AG’s Cumulocity IoT and Industry 4.0 product portfolio.

Cereproc used AI to give a radio host his voice back after it was robbed by a rare medical disorder

The tech company Cereproc used AI to build a voice for American journalist and radio host Jamie Dupree, who lost his ability to speak in 2016 due to a rare neurological condition. The company, which has created over 250 voices for people who have lost their ability to speak, uses a big database of speech, cut it up and stitch it back together. Once the person’s voice is built, they can install it on a computer and type whatever they wish to say, then it will play through speakers.

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