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Analysts Expect Global Spending on AI to Double in 2024

Demand for artificial intelligence (AI) in the enterprise will accelerate over the next few years, IDC analysts predict, with global spending surpassing $110 billion in 2024--double the $50.1 billion spent in 2020.

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IntelliCode: Microsoft's First Deep Learning Model for Python in VS Code

Python programmers using VS Code have new AI-driven code helpers to play with, and Microsoft is soliciting their feedback.

Researchers Unveil Mosaic Machine Learning Algorithm to Find Similar Images

The Mosaic system can retrieve similar images based on several comparison dimensions. For example, given an image of a modern American glass sculpture, the Mosaic system can find similar based on culture (Austrian, Chinese, German, etc.) or based on media (painting, ceramic, textile, etc.)

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Deep Learning Powers Image Labeling and Recognition Platform

Deep learning-based solutions provider Neurotechnology released an updated version of its SentiSight.ai image labeling and recognition platform for AI-based image recognition applications.

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AI Communities Found Consortium for Python Data API Standards

Apache MXNet and Open Neural Network Exchange join forces to establish a new standards organization to improve interoperability for machine learning (ML) practitioners and data scientists using frameworks, libraries, and tools from the Python ecosystem.

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Facebook AI Backed fastMRI Speeds Up MRI Scans with Less Data

Facebook AI Research (FAIR) and NYU Langone Health are proving that AI can be used to speed up MRI scans using about one-fourth of the raw data traditionally required.

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PyTorch Behind New Technology for Intelligent Farming

Facebook's popular PyTorch machine learning library is being used to power "a new generation of AI-enhanced farming machines," the social media giant reported last week--primarily, to spot weeds and kills.

Carnegie Mellon Continues its Research on "Hostility-Diffusing, Peace-Seeking Hope Speech"

Researchers at Carnegie Mellon's Language Technologies Institute (LTI) have published a new report on their ongoing work on uses of artificial intelligence (AI) to analyze online comments in social media and pick out those that defend or are sympathetic to disenfranchised groups.

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Hazelcast Enhances Event Stream Processing Engine

Hazelcast's Jet event stream processing engine for AI and ML deployments of mission-critical apps adds new app dev features to simplify the integration of an event-driven architecture.

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Machine Learning Powers New AWS Fraud Detector

Amazon Web Services (AWS) launches a new managed service designed to make it easy to identify potentially fraudulent online activities.

Facebook Uses Deep Learning to Translate One Computer Language to Another

Facebook has developed an open-source tool for translating archaic codebases into modern languages.

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Google Releases Toolkit for Model Transparency

Google announced the availability last week of a new set of tools for creation of Model Cards, which provide a structured framework for machine learning (ML) model transparency.

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OpenAI's New GPT-3 Sets a New Standard for Language Modeling--And Hype

OpenAI's GPT-3 neural-network-powered language model gets upgraded with a massive 175 billion training parameters, more than any other language model.

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