JD.com has opened two of its Ochama-branded robotics shops in the Netherlands. The robot-operated stores are the Chinese e-commerce giant's first brick-and-mortar locations in Europe. More: - The stores, in Leiden and Rotterdam, allow customers to order a variety of products using the Ochama app.
- From there, robotic arms and automated vehicles pick, sort, and transfer the order, which is delivered to shoppers at the store on a conveyer belt.
- JD plans to open further stores in Amsterdam and Utrecht in the Netherlands. JD.com CEO Xin Lijun has cited plans for "further strategic analysis in Vietnam and Europe."
- According to the WSJ, warehouse robots are becoming more skilled and prevalent, driven by advances in machine learning, computer vision, and related software.
SOUTH CHINA MORNING POST | |
About one-third of U.S. and U.K. tech leaders polled in a survey said AI bias has negatively impacted their organizations, according to DataRobot. Of those that were impacted, 62% said they lost revenue and 61% said they lost customers as a result. More: - Another 43% said they lost employees, and 35% incurred legal fees due to AI bias linked to their algorithms.
- 34% of the biases were gender-related, followed by age (32%), race (29%), and sexual orientation (19%).
- 81% of organizations said government regulations could help prevent bias. 45% still expressed concerns about barriers and cost increases if rules were implemented.
- Checking data quality was the top way to detect bias, followed by training employees, hiring AI experts, and measuring AI decision-making factors.
- DataRobot surveyed CIOs, IT directors, and other leaders at 350+ U.S. and U.K.-based tech organizations. It was assisted by the World Economic Forum and academic experts.
TECHREPUBLIC | |
A message from LOHIKA Learn Why Web3 Matters to Your Business. Web3 is the next evolution of the Internet. If Web 2.0 was about user-generated content and social media platforms, Web3 is about decentralized services powered by the blockchain. Smart contracts and NFTs are Web3 technologies that run on the blockchain. Lohika is hosting an online event with our friends from Refresh Miami. We gathered a panel of Web3 experts that will explain what blockchain, smart contracts and NFTs are, then discuss related business opportunities in the present and future. The panel: Join us on January 26, 2022 at 10am PT / 1pm ET. Register Here | |
AI M&As: - Canadian supplier Magna signed a deal to purchase the autonomous-vehicle technology, IP, and assets of Boston self-driving shuttle firm Optimus Ride.
- Biotech company Odyssey Therapeutics acquired Rahko, a quantum machine learning company, to advance its drug discovery platform.
- The IP of automated ML platform Octain was acquired by digital transformation consultancy Kin + Carta, furthering its data and AI capabilities.
- Ad tech company IAS announced the acquisition of Paris-based firm Context, a provider of AI tech for image and video classification in digital media.
- AI solutions provider Symphony Industrial AI acquired connected frontline worker platform Proceedix.
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MOSTLY AI, a synthetic data startup for enterprises, announced a $25M funding round to help it hire new talent and expand in Europe and the U.S. The Series B was led by British VC firm Molten Ventures, with participation from existing investors Earlybird and 42CA and new investor Citi Ventures. More: - MOSTLY AI uses an algorithm trained on a company's real data to generate synthetic data.
- The "fake" data retains the information of the original data but removes the personal data points to maintain privacy and comply with laws like the GDPR.
- The synthetic data can be used for software testing and AI model development.
- It also helps companies "augment and de-bias their datasets," CEO Tobias Hann said.
- MOSTLY's customers are largely Fortune 100 insurers, banks, and telecommunications companies.
- By 2024, an estimated 60% of data used for AI and analytics projects could be synthetically generated, Gartner predicts.
TECHCRUNCH | |
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IBM and LG Electronics have partnered to explore quantum applications in AI, robotics, IoT, and other areas. The companies inked a three-year deal that will give LG access to IBM's quantum computing systems and experts, as well as its "Qiskit" quantum information SDK. More: - LG Electronics said it plans to use the technology to examine possible uses for AI, connected vehicles, and other high data-processing areas.
- While classical computers use "bits" that are either a 1 or 0, quantum computers use "qubits" that can be both a 1 and a 0 simultaneously.
- In November, IBM announced its Eagle quantum computing processor with 127 qubits, breaking the 100-qubit barrier.
- The company says Eagle can't be simulated on a traditional computer, implying that "it's more powerful than anything else," CEO Arvind Krishna said.
- More than 170 companies currently utilize IBM's quantum computing tools. According to experts, tech firms can benefit by weighing if quantum computing can help their businesses.
ZDNET | |
📅 2022 AI Events and Conferences: - AAAI Conference on Artificial intelligence: Feb. 2-9, virtual.
- World Artificial Intelligence Cannes Festival: Feb. 10-12, Cannes, France and digital.
- Deep Learning Summit: Feb. 17-18, San Francisco and online.
- European Chatbot & Conversational AI Summit: March 1-2, Edinburgh, Scotland.
- International Conference on Intelligent User Interfaces: March 22-25, Helsinki and online.
- MLconf 2022 New York City: March 31, NYC.
- World Summit AI Americas 2022: May 4-5, Montréal, Canada.
- ICLR 2022, the International Conference on Learning Representations: April 25-29, virtual.
- International Conference and Expo On Robotics and Artificial Intelligence: May 16-18, 2022, London.
- CVPR 2022, IEEE Conference on Computer Vision and Pattern Recognition: June 19-24, New Orleans.
- Deep Learning World: June 19-24, Las Vegas.
- International Conference on Machine Learning and Data Mining: July 16-21, New York City.
- ICML 2022, International Conference on Machine Learning: July 17-23, Baltimore, in-person conference with virtual elements.
- AI & Big Data Expo Global: Dec. 1-2, London.
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- Former Microsoft AI VP Joseph Sirosh was appointed to the board of AI synthetic biology firm Absci.
- Allied Market Research predicts the AI chip market will climb from $8B in 2020 to $195B by 2030, driven by quantum computing, smart homes and cities, and a surge in AI startup investments.
- Avataar, an AI/computer vision platform focused on spatial visual discovery, raised $45M in a round led by Tiger Global.
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Upcoming Events: - January 13 - Education within the Metaverse with Steve Grubbs (VictoryXR) (Register Here)
- January 18 - Venturing in VC - Episode #3 (Register Here)
- January 19 - Music in the Metaverse with Jonathan Gray (Clap for Encore) (Register Here)
- January 25 - Need To Know NoCoder - Leon Young (Cogniss) (Register Here)
- January 27 - Understanding the Metaverse (Register Here)
- February 03 - Blockchain Gaming & Play-to-Earn Economies (Register Here)
- February 10 - The Business of Wellness (Register Here)
- February 17 - Customer Acquisition in a post iOS 14 world (Register Here)
- February 23 - Need to Know NoCoder: Derya Sousa (Kianda Technologies) (Register Here)
- February 24 - Alternative Investments (Register Here)
- March 03 - The $12B Appetite for Amazon Aggregators (Register Here)
- March 10 - NoCode's impact on the Gig Economy (Register Here)
- March 23 - Need to Know NoCoder: Nichole Bestman (Bubble) (Register Here)
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| | Beth is an Inside Analyst and a former public policy/investigative reporter. She has covered AI, VR, technology, and e-commerce for Inside. When she's not busy writing, she's hiking in Arizona's desert, playing pickleball, or trying out new Mexican food recipes. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
Join our Refresh Miami panel of experts to learn what is Web3 and why it matters to your business. | |
Transcend is the privacy platform that makes it easy to encode privacy across your tech stack. | |
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