Cal Al-Dhubaib, Pandata: On developing ethical AI solutions

Businesses that fail to deploy AI ethically will face severe penalties as regulations catch up with the pace of innovations.

In the EU, the proposed AI Act features similar enforcement to GDPR but with even heftier fines of €30 million or six percent of annual turnover. Other countries are implementing variations, including China and a growing number of US states.

Pandata are experts in human-centred, explainable, and trustworthy AI. The Cleveland-based outfit...

Straight from AI & Big Data Expo: Generating business value with AI

If you ask ten different data practitioners to define AI, you’ll get ten different answers. In its simplest form, AI is software that recognizes and reacts to complex patterns—but the way in which businesses derive value from those patterns can vary drastically. 

In recent years, we’ve seen a number of incredible AI applications in healthcare, manufacturing, finance, and beyond. So, why is it that up to 92% of AI projects still fail to yield business...

Omdia: The chatbot market will remain healthily diverse

Omdia analysts have assessed that the chatbot market will remain “served by a robust, diverse ecosystem of vendors”.

The report highlights that it’s contrary to the assessment of vendor assessments and traditional technology market trends.

Mark Beccue, Principal Analyst at Omdia, commented:

“There are several reasons for a robust chatbot solutions market.

One, there is persistent market demand for solutions which address a broad spectrum of...

The need for ruggedised edge: Bringing data centre-class performance closer to your data

Oil and gas stations, automotive manufacturing plants, warehouses, and remote store locations are environments that are not as conducive to traditional computing. But instead of a natural trade-off in performance, edge computing – much like the Internet of Things (IoT) before it – is seeing a rightful place in these rugged environments.

These industry applications can be similar to the Industrial Internet of Things (IIoT). Take underground mining, for instance, with its remote...

UK AI sector achieved record funding in Q2 2022

New data from Tech Nation and Dealroom found that VC investment in UK AI companies hit a record in Q2 2022 and is on track to at least equal last year.

Around 2,009 AI companies are based in the UK, the AI capital of Europe. Renowned companies include Graphcore, BenevolentAI, Darktrace, Wayve, and DeepMind.

Last year saw a record investment of £6.6 billion flow into UK AI companies. In 2022 so far, £3.2 billion has been invested. Tech Nation notes that investment into...

Justin Swansburg, DataRobot: On combining human and machine intelligence

Advancements in AI are providing transformational benefits to enterprises, but keeping risks in check and improving consumer sentiment is paramount.

Explainable AI (XAI) is the idea that an AI should always provide reasoning for its decisions in a way that makes it easy for humans to comprehend. XAI helps to build trust and ensures that issues can be more quickly identified before they cause wider damage.

AI News caught up with Justin Swansburg, VP of Americas Data...

Ronan Kirby, Starmind: On using AI to surface business knowledge

There’s a good chance the answer that an employee needs to do their job effectively is available within the company, but it can often be difficult to surface.

Research suggests that around three hours per day are spent searching for information. Even more frustratingly, around 44 percent of all searches end in failure. In total, around $1 million per month is lost for every 1,000 employees in a business.

Starmind believes that it doesn’t have to be this way and...

The future of AI: Is ‘infusion’ the key to data democratisation?

Sisense defines infusion as the practice of incorporating data and insights into end-user business applications. “Infusion is all about putting decision-supporting insights into a product in a way that feels native. It’s accessible. And it’s far more interesting,”  Scott Castle SVP of Product at Sisense says. 

Typically, a BI tool works by pulling data together to help end users draw their own conclusions. They aggregate data, slice and dice, figure it out, come to the...

Jason Steer, Recorded Future: On building a ‘digital twin’ of global threats

Recorded Future combines over a decade (and counting) of global threat data with machine learning and human expertise to provide actionable insights to security analysts.

AI News caught up with Jason Steer, Chief Information Security Officer at Recorded Future, to learn how the company provides enterprises with critical decision advantages.

AI News: What is Recorded Future’s Intelligence Graph?

Jason Steer: Recorded Future has been capturing information...

Appen: 93% say ‘responsible AI’ is the foundation of all projects

Appen’s latest annual State of AI and Machine Learning report has some interesting findings about the pursuit of safe and ethical solutions.

“This year’s State of AI report finds that 93 percent of respondents believe responsible AI is the foundation of all AI projects,” said Mark Brayan, CEO at Appen.

“The problem is, many are facing the challenges of trying to build great AI with poor datasets, and it’s creating a significant roadblock to reaching their...