This week a new report predicts the global AI radiology market will be worth more than $3.5 billion by 2027, Benevolent AI faces valuation plunge...
New AI can detect race and gender bias, AI radiology market to reach $3b by 2027, Benevolent AI faces valuation plunge
This week a new report predicts the global AI radiology market will be worth more than $3.5 billion by 2027, Benevolent AI faces valuation plunge and Singapore-backed AI startup Taiger raises $25m.
Researchers at Penn State and Columbia University have developed a new artificial intelligence tool able to detect discrimination based on race or gender.
The researchers trained the algorithm using data from the US Census Bureau and the New York City Police Department’s stop-and-frisk programme.
The global artificial intelligence radiology market will be worth more than $3.5b by 2027, according to a new report by Absolute Markets Insights.
This would be mainly due to the fact that advancements in image-recognition using deep learning algorithms have surpassed humans in task-specific applications.
London-based tech firm Benevolent AI would be reportedly raising funds at a rate way below their $2b valuation, an investigation by the Sunday Times revealed.
The company would be in talks with several Asian investors, according to the report, in the hope of getting Benevolent AI back on track.
AI start-up Taiger has raised $25m in a series B funding round led by PacificBridge Asset Management and MCM Investment Partners.
The Singapore-based firm, which has now reached a $110 million evaluation, counts clients such as Bank of America Corp, AIA Group Ltd. and Banco Santander SA.
