Use Cases of Artificial Intelligence Integration for Your On-demand Cab Platform – socPub

AI is all over in the year 2020. From your mobile applications to worldwide search algorithms, artificial intelligence is changing the means we interrelate with technologies. In part, AI has streamlined decision creating for businesses and improved expediency for end customers.

Autonomous vehicles are a bigger advance for the transported fragment when it emanates from AI. Rendering to the Market Research report, self-driving technologies will develop from $55 billion in the year 2019 to $566 billion by the year 2026.

Taxi App Development solution is only the tip of a huge iceberg. Artificial Intelligence delivers significant possibilities for disruption, growth and innovation for the on-demand taxi industry.

How Is AI Transforming the Prospect of On-demand Ride Services?

Many Startups are powering AI to form intelligent systems in the taxi-hailing and transport domains. And one important use case has appeared in the system of an Artificial Intelligence-enabled taxi dispatch platform.

The AI-empowered taxi dispatch platform is a probable game changer. It lets startups to complete efficiency in processes and also potential enhanced customer experience.

Taxi startups around the world are integrating Artificial Intelligence in their routine processes. One of the main success levels is from the business.

Cultivating Your Cab Booking Startups with Artificial Intelligence

Taxi business success with AI-empowered taxi dispatch platform depicts the probability of artificial intelligence in on-demand cab startup purview. Therefore, when you contemplate evolving a mobile application for the cab business, connecting AI will benefit you blow competition. Here are around impending use cases that users should keep in notice during taxi application development:

Concurrent Request Forecast

AI and analytical scrutiny can benefit from evaluating historical information efficiently. Data mining on past information along with post-study assistance taxi startups informs a powerful request forecast algorithm.

Direction Optimization

AI-enabled mobile applications for taxi professionals can optimize availability and routes. Reasoning algorithms can be assimilated in the application for correct optimization, which keeps time and diminishes the probabilities of getting caught in transportation. At a similar time, direction optimization helps cab drivers find the quickest route to the end.

Automated Dispatch

Surely, this is fairly a stimulating use cases and the turning aspect of an AI-based cab dispatch platform. By using configuration recognition and information searching, startups can systematize cab dispatch and remove chances of mistakes due to social intervention.

Personalized Customer Experience

Everybody is staking bigger on personalization nowadays as customers love adapted experience. When you are discerning about constructing a taxi booking platform, AI abilities can assist you to gauge your users better and provide them extraordinary experience, too.

Make Cannier Business Judgements

Information is the new medal you must have caught a million of periods. And artificial intelligence can help you make meaningful networks and get actionable views.

Decrypting Rider Sensibility

Who classified that technologies would help in evaluating a persons approach? In good health, artificial intelligence can effectively be expanded to understand customer psychology. The trip patterns, payment manner, usage account and timetables can give a ration of understandings into the views of your ideal consumer.

Intelligent Driver Onboarding Processes

The automation and suitability proportion of AI integration measure is unbounded. Not simply for the cab riders, artificial intelligence can support the cab operators in making a modernized enrolling experience for taxi drivers as well.

Artificial intelligence can be incorporated in the system of the chatbot with replies to common demands, and AI-powered preparation modules can be brought in concurrent whenever the cab driver is trapped with a matter.

Winding-up

Artificial Intelligence will surely change the means people move everywhere in the imminent. And if you do not think of a method to incorporate artificial intelligence in your progression soon, you have a chance to turn out to be obsolescent. So, if you are ready to build for taxi application and need to engage AI, experts can benefit.

Taxi App Development Solution business with opulent experience of constructing AI-powered platforms for development-oriented mindset. If you are intense on AI and its impending, lets associate and discover the opportunities together.

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Use Cases of Artificial Intelligence Integration for Your On-demand Cab Platform - socPub

WPD Pharmaceuticals to Collaborate With IAG to Deploy Artificial Intelligence and Quantitative Imaging to Assess the Effects of Berubicin -…

VANCOUVER, British Columbia, Jan. 06, 2021 (GLOBE NEWSWIRE) -- WPD Pharmaceuticals Inc. (CSE: WBIO)(FSE: 8SV1) (the Company or WPD) a clinical-stage pharmaceutical company, is pleased to announce that it has engaged Image Analysis Group (IAG), a leading medical imaging company, to provide important critical imaging services during the Berubicin phase 2 clinical trials which are scheduled to start in February 2021.

IAG has deep expertise in partnering with global biotech companies to provide centralized reading and analysis of patient responses in real time. IAGs scientific and clinical imaging expertise in the field ofglioblastomamultiforme (GBM), coupled with IAGs proprietary Artificial Intelligence (AI) powered platform DYNAMIKA will allow WPD and its partners to review efficacy assessments, objective responses, and to thoroughly explore Berubicins effect in patients with GBM.

Advanced cancer therapies often lead to pseudo-progression, a local tissue reaction resulting from immune cell infiltration, causing inflammation, tumor necrosis and oedema which are often misinterpreted as tumor growth on traditional MRIs. Under the arrangement, IAG will utilize its advanced AI-driven methodologies that provide reliable early efficacy readouts. Pseudo-progression is difficult to distinguish from disease progression using routine clinical MRI assessments, and having IAGs advanced technology will be crucial for early detection and progression.

Mariusz Olejniczak, CEO of WPD commented, We are very pleased to partner with IAG to collaborate on the upcoming Berubicin trials and other studies including WPD101, if possible in the future. IAG has a strong track record of working with leading biotech companies to provide critical imaging collection, analysis, and assessment which is a very important part of our Berubicin phase 2 trials. We look forward to working with them leading up to and in preparation of the commencement of these Trials.

Olga Kubassova, CEO of IAG commented, We are pleased that IAGs unique focus on the use of quantitative imaging and AI will help accelerate WPDs development programs while reducing R&D costs, timelines, and uncertainties. This work will support the field of advanced cancer drug development as a whole and provide much needed treatment options to patients with glioblastoma.

Diana Dupont-Roettger, Chief Scientific Alliance Officer of IAG commented, The integration of advanced imaging and AI driven image analysis will prevent a false response assessment in patients experiencing pseudo-progression and thereby enhance the efficacy read out of Berubicin, avoid early patient drop-out and save costs. IAG is excited to collaborate with WPD and to support the clinical development with optimal imaging trial design, efficient imaging data management and response assessment.

About Image Analysis Group

Image Analysis Group (IAG) is a unique clinical development partner to life sciences companies. IAG broadly leverages its proprietary image analysis methodologies, power of our cloud platform DYNAMIKA, years of experience in AI and Machine Learning as well as bespoke co-development business models to ensure higher probability for promising therapeutics to reach the patients. IAGs independent Bio-Partnering division fuses risk-sharing business models and agile culture to accelerate novel drug development.

About WPD Pharmaceuticals

WPD is a biotechnology research and development company with a focus on oncology and virology, namely research and development of medicinal products involving biological compounds and small molecules. WPD has licensed in certain countries 10 novel drug candidates with 4 that are in clinical development stage. These drug candidates were researched at medical institutions, and WPD currently has ongoing collaborations with Wake Forest University and leading hospitals and academic centers in Poland.

WPD has entered into license agreements with Wake Forest University Health Sciences and sublicense agreements with Moleculin Biotech, Inc. and CNS Pharmaceuticals, Inc., respectively, each of which grant WPD an exclusive, royalty-bearing sublicense to certain technologies of the licensor. Such agreements provide WPD with certain research, development, manufacturing and sales rights, among other things. The sublicense territory from CNS Pharmaceuticals and Moleculin Biotech includes for most compounds 30 countries in Europe and Asia, including Russia.

On Behalf of the Board

Mariusz Olejniczak

Mariusz Olejniczak CEO, WDP Pharmaceuticals

Contact:

Investor Relations Email: investors@wpdpharmaceuticals.com Tel: 604-428-7050 Web: http://www.wpdpharmaceuticals.com

Cautionary Statements:

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements. Forward-looking statements are statements that contemplate activities, events or developments that the Company anticipates will or may occur in the future. Forward-looking statements in this press release include that IAGs technology will enhance our analysis of the effects of Berubicin, that we may partner with IAG regarding our other compounds and that WPDs drugs could be developed into novel treatments for cancer. These forward-looking statements reflect the Companys current expectations based on information currently available to management and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those projected. Factors which may prevent the forward looking statement from being realized is that the IAG technology may not provide the benefits expected and we may not engage them further; competitors or others may successfully challenge a granted patent and the patent could be rendered void; that we are unable to raise sufficient funding for our research; that we may not meet the requirements to receive the grants awarded; that our drugs dont provide positive treatment, or if they do, the side effects are damaging; competitors may develop better or cheaper drugs; and we may be unable to obtain regulatory approval for any drugs we develop. Readers should refer to the risk disclosure included from time-to-time in the documents the Company files on SEDAR, available at http://www.sedar.com. Although the Company believes that the assumptions inherent in these forward-looking statements are reasonable, they are not guarantees of future performance and, accordingly, they should not be relied upon and there can be no assurance that any of them will prove to be accurate. Finally, these forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update them except as required by applicable law.

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WPD Pharmaceuticals to Collaborate With IAG to Deploy Artificial Intelligence and Quantitative Imaging to Assess the Effects of Berubicin -...

Artificial Intelligence: Growth and Development in India – Analytics Insight

In order to solve social problems, Indian start-ups are growing and developing AI solutions in education, health, financial services, and other fields.

Artificial Intelligence (AI) is bringing a dramatic shift in the world of technology where it can be applied for more productivity and success in order to simplify the system. From just your cell phone to the diagnosis of diseases, AI is now being used in many fields, offering high-performance and precise device operation with quality. In every area and not just technology, it has proven to be a path-breaking technology.

As the fastest growing economy with the worlds second-largest population, India has a big stake in the AI revolution. The leading technology institutions in the country, such as IITs, NITs, and IIITs, have the ability to be the cradle of AI researchers and start-ups. In order to solve social problems, Indian start-ups are growing and developing AI solutions in education, health, financial services, and other fields.

For instance, the Deccan Article notes that the first Community Centre for Artificial Intelligence was launched in Hyderabad. They also mentioned that The HexArt Institute is an initiative of the Hexagon Capability Center India (HCCI), the greatest product development center of the technology major Hexagon AB. It recognizes this institution as an initiative of timely societal responsibility. The center will train over 350 students in several batches per year.

Some of the AIs main prospects in India are:

Digital assistants to be used by several highly advanced organizations to communicate with customers, saving the need for human resources.

Together with other innovations, organizations can use AI to make machines take decisions faster than an individual and perform actions faster.

In almost every area, AI powers several inventions that will help humans overcome the majority of complex issues.

Trade and Development agreement to operate together to leverage the power of cutting-edge technology to improve and expand trade, such as AI and blockchain.

Additionally, companies like Google, Microsoft, Amazon are trying to achieve the governments needs of cloud computing and machine learning. Private companies will rush to win big contracts, add to the stream of funds to create innovative technology, and establish new AI and data scientific startups as the Indian government pushes for digital transformation and introduces more AI initiatives.

However, some of AIs major adoption challenges are:

India has a comparatively small number of researchers in the field of machine learning and research production.

India has very little local awareness of the latest knowledge that is being generated by others each day.

Given the existing and potential possibilities, Indian businesses have been reluctant to accept AI.

Despite the number of available standard packages, India does not have sufficient qualified personnel to apply machine learning to its own challenges and data.

In its capacity to handle challenges, current AI strategies are minimal, and they will have to develop to deal with the complexity of life in India.

In general, Indias digital footprint has seen tremendous growth. The government is also moving different programs toward the objective of technical infrastructure. Different agencies and artificial intelligence institutes including sectors are developing policy structures and programs that instill such skills. With a little more drive towards resources and frameworks that boost its development, the Indian artificial intelligence market, which is still regarded as emerging, can certainly take a leap.

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Artificial Intelligence: Growth and Development in India - Analytics Insight

BlackSky Awarded IARPA Contract to Develop Platform for Global Construction Monitoring Using Next Generation Artificial Intelligence – Business Wire

HERNDON, Va.--(BUSINESS WIRE)--BlackSky, a leading provider of global monitoring services and geospatial insights, today announced an award from the Intelligence Advanced Research Projects Activity (IARPA) for a multi-phase, multi-year research contract. IARPA is responsible for leading research programs to overcome difficult challenges relevant to the U.S. intelligence community.

BlackSky has been selected to aid in the development of IARPAs Space-based Machine Automated Recognition Technique (SMART) Program. The SMART program aims to automate the quantitative analysis of space-based imagery to perform broad-area searches for natural and man-made events using time-series imagery. BlackSky will expand upon its Spectra AI platform to develop a responsive system that can automatically monitor large-scale construction of critical infrastructure such as military bases, stadiums, campuses, dams, and airports.

This is a tremendous breakthrough in unsupervised learning for our Spectra AI platform and an unprecedented step toward the future of global monitoring, said Brian OToole, CEO of BlackSky. The IARPA SMART program is a natural fit for BlackSky given our deep expertise in geospatial analytics and our proven ability to deliver first-to-know insights.

Under the contract, BlackSky will create open source, supervised, and semi-supervised learning algorithms to recognize data patterns specific to large-scale construction projects. The combined effort will leverage the resources of NASAs and U.S. Geological Survey Landsats constellation and Sentinel, the European space agencys constellation.

About BlackSky LLC

BlackSky is a global monitoring company. We monitor activities and facilities worldwide by harnessing the worlds emerging sensor networks and leveraging our own satellite constellation. We process millions of observations daily from space, air, environmental sensors, asset tracking sensors, Industrial IoT, and Internet-enabled narrative sources. BlackSkys on-demand swarm of satellites can image a location multiple times throughout the day. We monitor for pattern-of-life anomalies to produce alerts and enhance situational awareness. Our monitoring service is powered by cutting-edge compute techniques including machine learning, artificial intelligence, computer vision, and natural language processing. BlackSkys global monitoring is available via a simple subscription and requires no IT infrastructure or setup. For more information visit http://www.blacksky.com

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BlackSky Awarded IARPA Contract to Develop Platform for Global Construction Monitoring Using Next Generation Artificial Intelligence - Business Wire

Artificial Intelligence: The Winner of the RSNA 2020 – Diagnostic Imaging

Like the other major events of healthcare in 2020, the Annual Meeting of Radiological Society of North America (RSNA) also had to be held as an online-only event forced by the COVID-19 pandemic. The virtual platform of RSNA was very well designed, and it provided ample opportunities for customers to connect to the right representatives from each company.

The virtual meeting room was a unique tool on the RSNA platform where customers can visit the room just like they would walk into a physical booth without any prior appointments. The company representatives engage with the visitors and transfer the meeting to a private room seamlessly. This feature was quite helpful for those visitors who had not secured prior appointments with the vendors to have discussions and product demonstrations.

The vendors, though, had mixed responses when asked if the virtual meeting were as effective as in-person meetings. While most agreed that there cannot be a substitute for physical meetings, some exhibitors claimed that their live virtual programs had good traffic from the customers and partners. COVID-19 has disrupted the traditional way of conducting trade shows, and it might be precipitating a larger digital transformation of the marketing departments within the vendor companies.

Five large themes can be defined from the RSNA virtual floor this year. Artificial intelligence and enterprise imaging were the predominant themes and formed the framework for the other two themes of workflow efficiency and precision medicine. Moreover, cybersecurity was another emerging theme and it has a potential for huge growth.

Artificial Intelligence in the Post-Pandemic Era

It is quite clear that artificial intelligence (AI) was the No. 1 theme for RSNA this year. Even with just one-third the usual number of exhibitors in the virtual event, almost all players seemed to be pointing out their artificial intelligence capabilities.

Quite understandably the event was dominated by the larger players, and the usual AI showcase had a far fewer number of companies and startups. The key AI theme this year, then, as Platform plays for AI could be biased from that perspective. Platform-based approaches are not really new to radiology AI. Hints were being dropped at RSNA 2019, but this year the AI platform initiatives were the heart of the AI messaging.

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But, what was also curious was the diverse set of strategies evolving, even within the platform play approaches. For example, GE Healthcare had a direct focus on imaging AI with its Edison platform (with Open AI Orchestrator becoming part of the broader offering of health services), whereas Philips Healthcare focused more on precision diagnosis with AI solutions forming a part of that broader strategy (IntelliSpace AI Workflow Suite, IntelliSpace Precision Medicine). Siemens Healthineers has an even broader approach, where their Digital Marketplace goes beyond imaging to support the broader healthcare community (and a somewhat diluted focus on the radiology AI marketplace type approach). We also saw more players developing and/or refining their approach including Sectra [Amplifier], Fujifilm [REiLI], Canon, among others.

But, to not be biased with the virtual nature of this event, we also looked at what happened through 2020, for imaging AI. Several startups leveraged their capabilities to offer solutions for COVID-19 screening and diagnosis, some even securing emergency authorizations (e.g. CuraCloud). Most offered their solutions for free to hospitals, as well, doing their bit to support our COVID-19 warriors. Interesting enough, some of the mature, established start-ups did quite well during this phase of uncertainty Aidoc, for example, announced that it had tripled its revenues in the first three quarters of 2020, and private conversations with some other AI vendors gave us the same impression. Indeed, similar to broader digital health trends in healthcare, the adoption of AI in imaging has improved for several use cases in 2020, thanks to the negative effects of this pandemic.

An emerging trend was the interest in imaging AI companies from non-imaging vendors. Qure.ai announced a partnership with AstraZeneca (AZ) during RSNA week. AstraZeneca's interest lies in the early identification of lung cancer cases by undertaking lung imaging in emerging markets, such as Latin America, Africa, the Middle East, and Asia. In addition, Qure.ai's solutions are built to address the specific needs of the imaging departments in those regions. This is likely to improve the uptake of AI in emerging markets since players, such as AZ, are driving a use case that resonates well with the local market conditions. To really enable the uptake in emerging markets, Qure.AI has also addressed other concerns. Their qTrack smartphone app, allows film-based X-rays to be converted to digital images using only the users smartphone camera and allows for cloud-based algorithms to assess signs of tuberculosis, as well as serves to record patient data. Innovations such as these, and the qBox solution that we covered last year, are key to ensuring AI reaches the masses even in emerging markets.

Enterprise Imaging- Enabler of Efficiency and Productivity

Implementation of enterprise imaging solutions is a time-consuming process. With most hospitals working on skeletal staff due to COVID-19 and the subsequent financial distress that it brought upon them, implementing enterprise imaging during the pandemic was an impossible task. However, this presented an opportunity for both the vendors and the hospitals to consider innovative deployment models. Providers developed an affinity for cloud-based solutions as it does not require investing as much time and effort by the hospital staff as compared to a traditional on-premise implementation. This year witnessed a flurry of activities in cloud-based imaging with various vendors launching solutions that truly leverage the cloud-computing capabilities to realize tangible benefits in the clinical environment.

Earlier in the year, Change Healthcare launched its cloud-native Enterprise Imaging Network that enables aggregation and sharing of imaging data in a secure environment. Hyland launched its Software-as-a-Service (SaaS) solution for enterprise imaging during the event that is intended to relieve the hospitals of their responsibility for application and hardware maintenance. SaaS also enables hospitals to pay as per the usage with components being added only when the hospital demands. The trend towards SaaS in enterprise imaging augurs well for the hospitals who are currently reeling under severe financial stress, as it does not require huge upfront capital spending. Fujifilm highlighted its Synapse Cloud Services for hosting its Enterprise Imaging portfolio in a cost-effective and scalable environment targeting the teleradiology providers, critical access hospitals, and imaging centers.

For those concerned about the bandwidth and privacy issues that come with the cloud solution, GE Healthcares Edison HealthLink might be the right solution. Edison HealthLink is a new edge computing technology that permits clinicians to process the clinical data and act on it even before it reaches the cloud. TrueFidelity image reconstruction, CT Smart subscription, and eight other applications are already available on Edison HealthLink. Hyland introduced edge rendering of its zero footprint NilRead viewer that runs a local instance in low internet bandwidth conditions.

With enormous growth in the number of AI applications in imaging, the responsibility of integrating them into the workflow to ensure that they work seamlessly, has been taken up by the enterprise imaging vendors. The latest offering from Agfa Healthcare, RUBEE for AI is aimed at helping the hospitals in choosing the right AI solution for their needs. RUBEE aims to save the time for providers by offering them a curated set of intelligent applications that can be seamlessly integrated into their workflow in quick time.

Enterprise imaging involves networking multiple elements of imaging from different departments and centers and, as such, poses tremendous challenges in integrating the solutions from various vendors. The expertise of vendors like Altamont Software becomes extremely important with enterprise imaging strategy in perspective. Altamont Passport is a product that incorporates routing, pre-fetch, modality worklist, DICOM SR integration solutions to ensure a smooth workflow at an enterprise level. The Altamont Connectivity Platform provides the users with the necessary tools to integrate any image into their EMR or any enterprise system.

While challenges in enterprise imaging continue to emerge new solutions that address these are also being introduced, indicating the broad-based participation of the imaging industry.

COVID-19 has brought back the focus on efficiency and financial sustainability. With this crisis in the background, enterprise imaging will continue to evolve continuously over the next few years to develop into a unified medical record for all types of images in the enterprise. AI will be the toolkit for many efficiencies and productivity improvement initiatives. The developments in these two key domains will be a major driver for the growth of the imaging industry in the next decade.

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Artificial Intelligence: The Winner of the RSNA 2020 - Diagnostic Imaging

How artificial intelligence will be used in 2021 – TechCrunch

Scale AI CEO Alexandr Wang doesnt need a crystal ball to see where artificial intelligence will be used in the future. He just looks at his customer list.

The four-year-old startup, which recently hit a valuation of more than $3.5 billion, got its start supplying autonomous vehicle companies with the labeled data needed to train machine learning models to develop and eventually commercialize robotaxis, self-driving trucks and automated bots used in warehouses and on-demand delivery.

In 2020, that changed as e-commerce, enterprise automation, government, insurance, real estate and robotics companies turned to Scales visual data labeling platform to develop and apply artificial intelligence to their respective businesses. Now, the company is preparing for the customer list to grow and become more varied.

Scale AIs customer list has included an array of autonomous vehicle companies including, Voyage, Aptiv, Embark, Nuro and Zoox. While it began to diversify with additions like Airbnb, DoorDash and Pinterest, there were still sectors that had yet to jump on board. That changed in 2020, Wang said.

Scale began to see incredible use cases of AI within the government as well as enterprise automation, according to Wang. Scale AI began working more closely with government agencies this year and added enterprise automation customers like States Title, a residential real estate company.

Wang also saw an increase in uses around conversational AI, in both consumer and enterprise applications as well as growth in e-commerce as companies sought out ways to use AI to provide personalized recommendations for its customers that were on par with Amazon.

Robotics continued to expand as well in 2020, although it spread to use cases beyond robotaxis, autonomous delivery and self-driving trucks, Wang said.

A lot of the innovations that have happened within the self-driving industry, were starting to see trickle out throughout a lot of other robotics problems, Wang said. And so its been super exciting to see the breadth of AI continue to broaden and serve our ability to support all these use cases.

The wider adoption of AI across industries has been a bit of a slow burn over the past several years as company founders and executives begin to understand what the technology could do for their businesses, Wang said, adding that advancements in natural language processing of text, improved offerings from cloud companies like AWS, Azure and Google Cloud and greater access to datasets helped sustain this trend.

Were finally getting to the point where we can help with computational AI, which has been this thing thats been pitched for forever, he said.

That slow burn heated up with the COVID-19 pandemic, said Wang, noting that interest has been particularly strong within government and enterprise automation as these entities looked for ways to operate more efficiently.

There was this big reckoning, Wang said of 2020 and the effect that COVID-19 had on traditional business enterprises.

If the future is mostly remote with consumers buying online instead of in-person, companies started to ask, How do we start building for that?, according to Wang.

The push for operational efficiency coupled with the capabilities of the technology is only going to accelerate the use of AI for automating processes like mortgage applications or customer loans at banks, Wang said, who noted that outside of the tech world there are industries that still rely on a lot of paper and manual processes.

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How artificial intelligence will be used in 2021 - TechCrunch

How artificial intelligence and augmented reality are changing medical proctoring during COVID-19 – FierceHealthcare

Medical device specialists often monitor the work of surgeons to provide case support during procedures in the operating room. However, during the COVID-19 pandemic, medical proctoring has gone remote.

COVID has dramatically accelerated the need to have a remote tool, when you either don't have access to the hospital, or when there are travel restrictions that make it really difficult, said Jennifer Fried, CEO and co-founder of ExplORer Surgical, a company that provides a software platform for case support during surgery. ExplORer offers the training platform in three formats: in-person, remote or hybrid.

Launched out of the University of Chicago Department of Surgery in 2013, ExplORer recently added augmented reality technology that acts as a virtual laser pointer for medical device specialists to provide on-screen guidance for surgeons similarly to how sports announcers use a Telestrator to mark up plays.

2020 is history: Where do pharma and healthcare go from here?

Explore biopharma's ongoing work to combat COVID-19 and to fight the world's other diseases at the same time through CEO interviews, panel discussions, and daily news recaps.

Introduced in November, ExplORers two-way audio/video system is compliant with the Health Insurance Portability and Accountability Act. The AR technology lets medical device reps zoom in or out and use a laser pointer to highlight items on the screen for the doctor. Scrub nurses that prepare the surgical instruments use the customized content in the platform to guide them through the workflow.

RELATED:COVID-19 has caused a surge in telemedicine. Is telesurgery next?

Before COVID-19, physicians would fly around the world to proctor cases. In fact, six to eight surgeons would be in the room to do a procedure. With the pandemic, proctors are logging into the OR remotely, according to Fried.

Medical proctors can draw on a fluoroscopy image, share their screen and warn doctors what to look for during a procedure such as implanting a device in the body.

The ability to do that in a live, real-time way that's also compliant is really a game changer in this environment, Fried told Fierce Healthcare.

Fried noted that an ExplORer customer recently began a large U.S. clinical trial with surgeons in Europe while their clinical specialists were in Australia. The remote proctoring software has helped facilitate this collaboration.

Remote proctoring will likely continue after the pandemic because of its cost savings and efficiency for medical professionals, according to Fried.

What we're seeing with COVID is, I think, people are getting more and more comfortable with remote support, as it has become a necessity, Fried said. I think that trend is going to be here to stay.

RELATED:Healthcare is ramping up AI investments during COVID. But the industry is still on the fence about Google, Amazon. Here's why

The AR features will be particularly valuable for medical proctors to help physicians through complex invasive procedures, noted Art Collins, former chairman and CEO of Medtronic and a senior medical adviser to ExplORer Surgical.

This expert training is critical when surgeons need to switch an implant operation from a large incision and open approach to minimally invasive or a catheter, Fried noted.

Remote proctoring solutions like those that ExplORer offers will incorporate artificial intelligence features such as computer vision to collect data on procedures and feed it automatically into a surgeons workflow.

AI and machine learning will become more impactful as the data set of video feeds increase, as a larger data set empowers better insights, Collins told Fierce Healthcare. As the use of video becomes standard practice in the OR and procedure suites, AI technologies will increasingly be able to interpret video feeds.

In addition, medical proctors will use image-object recognition and machine learning to analyze what is happening in the OR, Fried said. The AI technology could suggest best practices based on knowing that a surgeon took an instrument off the table, as one example.

You could say this step is taking a lot longer and know that because this instrument hasn't been put back onto the table, she explained.

ExplORer has built early iterations of this machine learning technology and plans to launch a commercial case in 2021, Fried said.

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How artificial intelligence and augmented reality are changing medical proctoring during COVID-19 - FierceHealthcare

Artificial Intelligence Begins to Realize Its Potential – Nextgov

In my previous column, I looked at the problem of artificial intelligences forcing hardware to consume too much power, which could lead to an unsustainable spike in demand at data centers in this country by 2025. To test out their appetites for more power, I employed several advanced artificial intelligences, and also their close cousins machine learning, cognitive computing, deep learning and advanced expert system technology. For that column, I only measured how much power they consumed, but my original intention was to actually test them out to show some innovative things the technology was accomplishing. I am circling back to that effort now.

For many years we have been reporting on the technology of artificial intelligence, about how its being built out and made more efficient, or how it can be paired with other technologies like quantum computing to become even more accurate. At the same time, the government has been keenly focused on AI ethics, ensuring that our newly created smart programs and machines dont go rogue or make mistakes that could get people hurt. The Defense Department now follows five ethical principles when using AI, while the intelligence community has its own artificial intelligence ethics guidelines.

There is still a lot of learning to do, but at this point we have pretty much covered the basics in terms of building out smart AIs and related technologies, power consumption issues aside. That is why we are starting to see a lot of interesting reports on projects that make use of AI, like figuring out which fishing boats out in the ocean are using forced labor or planning how we can safely get people to Mars.

These are some of the most interesting AIs that I have collected over the past few months, what they do and how well they perform.

COBOL Colleague

The federal government invested big in the COBOL programming language back in the day. It was designed for business, finance and administrative systems within both private companies and government organizations. Today, however, its not actively used for any new projects, having been replaced by more efficient languages. Most COBOL programming today is used to maintain existing systems written in the language that cant easily be replaced or recoded. The problem is that nobody is learning how to code in COBOL anymore, and most programmers that already know it have retired.

That is where Colorado-based startup Phase Change Software and their COBOL Colleague AI comes into play. Instead of trying to teach COBOL to modern programmers, it scans existing programs written in the language for vulnerabilities and problems, and zeros in on exactly what lines need to be fixed.

There is certainly a skills shortage, however, the real problem is that the knowledge of the application is disappearing, said Steve Brothers, COO of Phase Change Software.

Deploying an AI to look at code is almost like hiring a skilled human programmer. In the case of COBOL Colleague, it wont make changes to the code on its own but will show where any changes are needed. Then skilled programmers, even if they are not totally familiar with COBOL, can make the necessary fixes.

ToxMod

ToxMod is an interesting artificial intelligence made by Modulate Inc, a company that specializes in innovative AI. ToxMod is designed to regulate live comments in voice chat rooms and is able to distinguish subtle differences between, say, someone using an explicative in frustration, and someone using it as an attack or as part of a hateful tirade. To give ToxMod a real workout, its being deployed in the ultimate toxic environment, the chat rooms of video games.

Since ToxMod can differentiate something like honest frustration expressed in a toxic way from malicious intent, it can also advise matchmaking or reputation algorithms to improve the player experience, said Carter Huffman, Co-Founder and CTO of Modulate. Additionally, each games private ToxMod instances learn over time about their communitys specifics, on top of ToxMods universal core algorithms which evolve and improve automatically behind the scenes.

ToxMod can listen to and understand emotions, volume, inflections and other factors to determine if speech should be flagged. If hateful speech is detected, site moderators are alerted along with an audio clip to back up the AIs claim. This will let moderators check the AIs work while identifying bad actors and preemptively resolving a problem before it grows into something more serious.

The Test

This last one is mostly just for fun, but I was so impressed that I felt like I needed to include it here. The Test is, on the surface, a series of three games available for less than $2 each on the Steam gaming platform. The games are kind of bizarre in nature. Players sit in front of a demonic-like figure at his desk and are asked a series of very personal questions. The questions consist of typical personality type questions like If you found money on the street and knew who it belonged to, would you return it? But there are also a series of very strange scenarios and off-the-wall questions like if you were starving at home would you eat your pets, if pink is a prettier color than red, or if would you stop a zombie apocalypse if you could.

Behind the scenes, developer Randumb Studios is likely using an expert system as opposed to a true AI to track results and prepare advice for players. The questions were so strange that I really didnt think much of it, though I did try and answer honestly. But the final results, especially for the second game, really floored me.

It told me that I was working too hard and that I needed to take some time to recharge my batteries because I was not doing anyone any good if I was spread so thin that nobody was getting my best. It advised me to allocate two units of personal time for every one unit I spent working for others, which would be a key to both my happiness and success moving forward.

The strange thing is that I was really thinking about this exact same thing over the past two weeks, especially with the holidays approaching. I was worried about burnout and keeping a good work and life balance, and had spent quite a few evenings contemplating that exact topic. But I never told the game this, and dont see how its bizarre questions led it to that conclusion.

I guess that is the magic of expert systems. Its why those little 20-questions toys that ask you yes and no questions can always guess the song or the movie star that you are thinking about. But the leap that The Test made with me was a lot bigger than that. I still dont know how they did it, but am very impressed with the results.

The really amazing thing is that we are really just scratching the surface about what AI can do. In the near future, even the projects highlighted here will seem trivial compared to what is possible.

John Breeden II is an award-winning journalist and reviewer with over 20 years of experience covering technology. He is the CEO of the Tech Writers Bureau, a group that creates technological thought leadership content for organizations of all sizes. Twitter: @LabGuys

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Artificial Intelligence Begins to Realize Its Potential - Nextgov

Is C3.ai The ‘LeBron’ Of Artificial Intelligence? 4 Analyst Takes On Recent IPO – Benzinga

One of the best-performing IPOs of 2020 was SaaS company C3.ai Inc (NASDAQ: AI). The stock priced at $42, above its initial range of $30 to $33, and closed at $161 in their first week of trading.

Growth Ahead: C3.ai is called a disruptive enterprise software vendor by Wedbush analyst Daniel Ives.

It's "the LeBron of AI setting up for massive growth," said Ives,who initiated the company with an Outperform rating and $200 price target.

C3.ai has a subscription model that could drive 30% revenue growth annually and strong gross margins, said KeyBanc analyst Michael Turits.

The analyst has a Sector Weight rating on shares of C3.ai based on valuation.

"AI is the new internet for the enterprises," said Piper Sandler analyst Arvind Ramnani, who rates the stock Overweight with a $166 price target.

Ramnani said the company's revenue and gross margins are supported by strong gross retention and partnerships that will drive sales.

Related Link: IPO Outlook For The Week: Airbnb, DoorDash Lead Highly Anticipated Week

Partnerships: The company's partnerships with Microsoft Corporation (NASDAQ: MSFT) and Baker Hughes (NASDAQ: BKR) area positive for Ives.

Turits mentioned a partnership with Baker Hughes and said it has a minimum value of $450 million for a five-year contract. Raytheon (NYSE: RTX)and Adobe (NYSE: ADBE) are were also mentioned.

"C3 has established lighthouse go-to-market and development partnerships with leaders in industries like energy (Baker Hughes), defense (Raytheon), financial services (FIS) and horizontal partnerships like CRM (Microsoft/Adobe)," the analyst said.

Analysts On C3.ai's Valuation: Wedbush Ives' price targetcomes from a valuation of 27x EV/revenue for fiscal year 2026.

Turits is cautious on C3.ai shares due to valuation. The analyst said three customers equal 44% of the company's revenue and has a relatively small number of customers.

"Despite its large, dynamic market opportunity, we view AI as fully valued at 82.2x EV/revenue (CY21E)," he said.

C3.ai is valued at 35x 2023 estimated revenue of $325 million by Ramnani.

Morgan Stanley analyst SanjitSingh initiatedshares with an Underweight rating and $100 price target. The analyst said there is "compelling growth ahead," but success is priced in.

AI Price Action: Shares of C3.ai were trading down 13.65% at $120.11 at last check Monday.

View More Analyst Ratings for AI View the Latest Analyst Ratings

2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Is C3.ai The 'LeBron' Of Artificial Intelligence? 4 Analyst Takes On Recent IPO - Benzinga

Heres what happened in the world of artificial intelligence in 2020 – The Next Web

The year 2020 was long and treacherous, but the biggest bright spot for me was the official launch of Neural. Thats our AI sub-brand here at TNW and the section youre reading this article in.

More specifically, Neural is me (Tristan Greene), Thomas Macaulay, Ivan Mehta, and the contributors and colleagues who help us put out fresh, original, exciting content in the world of machine learning every day.

It was a tough year to be a reporter but Thomas and Ivan managed to exceed our expectations at every turn with incredible insight and consistent excellence. With that in mind, Im proud to present some of my favorite articles from Tom and Ivan this year.

Between the two of them they covered some of the biggest events, breakthroughs, and stories in the world of machine learning and artificial intelligence. But, more importantly, they provided keen insight and analysis that you wont find anywhere else. And they also adhered to our biggest principal here at Neural: we cover AI for humans (not robots, businesses, or governments).

So, if youll indulge me, heres an Editors Choice list of just a few of the many articles my team published this year.

But first, heres my contribution:

Stories pictured above here and here.

And those are just a small sample of the wonderful work weve put out here at Neural. Check back in with us in 2021 where well continue to bring you news, analysis, and trusted opinions on the world of machine learning and its impact on humans.

Published December 29, 2020 22:00 UTC

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Heres what happened in the world of artificial intelligence in 2020 - The Next Web