Artificial Intelligence: Making Retail POS Systems Smarter

The retail sector is no longer a haven for old technologies, where customers refuse to abandon their favorite brands. Every business in a competitive retail ecosystem is struggling to keep customers engaged and delighted and convert every potential opportunity into sales.Technology has been an important facilitator for the retail sector for years, and with the influx of technological breakthroughs such as Artificial Intelligence (AI), the retail environment is experiencing significant...

Microsoft releases Azure OpenAI Service and will add ChatGPT ‘soon’

Microsoft has announced the general availability of the Azure OpenAI Service and plans to add ChatGPT in the near future.

Currently, Azure OpenAI Service provides access to some of the most powerful AI models in the world—including Codex and DALL-E 2.

A “fine-tuned” version of GPT-3.5 will also be available through Azure OpenAI Service soon.

https://twitter.com/OpenAI/status/1615160228366147585

Azure OpenAI Service was unveiled in November 2021....

Bill Gates calls AI ‘quite revolutionary’ – but is less sure about the metaverse

Bill Gates has given his verdict on some of tech’s biggest buzzwords – and proffered that while the metaverse is lukewarm, AI is ‘quite revolutionary.’ 

The Microsoft co-founder was participating in his annual Reddit Ask Me Anything (AMA) session and was asked about major technology shifts. AI, Gates noted, was in his opinion ‘the big one.’ 

“I don’t think Web3 was that big or that metaverse stuff alone was revolutionary, but AI is quite...

AI project imagines what deceased celebs would look like today

A project called ‘As If Nothing Happened’ uses AI to imagine what celebrities who met their untimely demise would look like today.

Artists are increasingly using AI-powered tools for their creative projects. Alper Yesiltas, an Istanbul-based artist, has posted numerous images of celebrities that have been aged convincingly using AI.

One of his collections is called ‘Young Age(d)’ and uses AI to age well-known (and very much still alive) figures such as Greta...

State of AI 2022: Adoption plateaus but leaders increase gap

According to McKinsey’s latest State of AI report, leaders are pulling ahead but overall adoption is plateauing.

McKinsey notes that organisations that report using AI in at least one business area have more than doubled since 2017.

The most significant jump in adoption was between 2017 (20%) and 2018 (47%). A peak was reached in 2019 (58%) but has since tailed off to 50% in 2022.

Considering the plateau includes the pandemic years – when businesses were...

UK creates £1.5M fund to support carbon-reducing AI projects

The UK Government has launched a £1.5 million programme to support the use of AI to reduce carbon emissions.

“The UK is one of the world’s most advanced AI economies, and AI technology is already having a transformative impact on our economy and society,” said UK Science Minister George Freeman.

“But there is tremendous potential to do more.”

The AI for Decarbonisation programme is part of the wider £1 billion Net Zero Innovation Portfolio that aims...

Meta’s protein-folding AI reminds us it’s not just a metaverse firm

Meta has unveiled a new protein-folding AI that could be revolutionary for science and the development of new medicines.

Facebook, as the company was known before changing its name, has always been seen as a leader in AI. The popular open-source framework PyTorch was Facebook’s creation and earlier this year Meta became a founding member of a foundation aiming to drive the adoption of AI.

In its pursuit to become a leader in the metaverse, changing its very company...

Xbox’s Matt Booty wants to see QA testers replaced by AI

Xbox Game Studios head Matt Booty told a live audience at PAX that he’d like to see QA (Quality Assurance) testers replaced by AI.

Gaming QA testers regularly come under fire as bug-riddled games reach the hands of disappointed gamers with seemingly increasing prevalence.

The backlash QA testers receive from frustrated gamers is often misplaced. Managers are often aware that games are full of bugs but decide to release unfinished games anyway in the hope of starting to...

Inworld closes $50M Series A for its realistic NPC generator

Inworld, a Disney-backed startup using AI to create realistic non-playable virtual characters (NPCs), has closed a $50 million Series A funding round.

The startup has attracted interest for its ability to design and deploy interactive characters with more realistic interactions across the metaverse and other virtual words like video games.

In current video games, NPCs have pre-scripted responses. AI-powered virtual characters like those Inworld are developing can offer...

The NHS hopes an AI chatbot will help tackle patient wait times

An NHS trust in Liverpool is partnering with Tata Consultancy Services (TCS) to develop an AI chatbot to help tackle patient wait times.

Brits have become used to long NHS wait times for many years. However, the post-covid backlog has sent the number of patients on waiting lists rocketing:

There are many strong views on what NHS reforms are needed, but one thing everyone can agree on is that the current trajectory is unsustainable. Modern technologies will be vital...