The United States Food and Drug Administration (FDA) has held a public meeting named, “A New Era of Smarter Food Safety” with an aim to establish a more digital, traceable, and safer system to protect consumers from contaminated food. The program visions to make use of emerging technology blockchain, AI, and IoT.
A blockchain and AI platform, Roobee has announced a new IEO, which will be its third after last two successful IEOs. Its co-founder Artem Popov said, “We’re trying to level the playing field on financial markets. Our goal is to provide retail clients with the same investment opportunities and level of security as the largest financial market players, wherever in the world they are and no matter what their capital stands at, even at $10…”
The Bitfury group which is into crypto mining and offers blockchain services has announced that they have launched an artificial intelligence (AI) which will be used to disintegrate the large amount. The companies CEO Valery Vavilov said “Data is the next oil, We also need to trust that data so that’s where blockchain comes in,” and added that Bitfury’s AI division is currently in research mode.
A major technology company, Microsoft has accepted using Ethereum blockchain for AI and machine learning democratisation. Justin Harris, senior software development engineer at Microsoft explained, “One in which people will be able to easily and cost-effectively run machine learning models with the technology they already have, such as browsers and apps on their phones and other devices.”
A memorandum of understanding (MoU) has been signed between the Sarawak Multimedia Authority (SMA) and IBM Malaysia in accelerating the collaboration in digital sectors in the state with AI and blockchain. The general manager of SMA, Dr Zaid Razak explained, “Working with partners that have a strong track record such as IBM would help us in our journey to be a digital-savvy state.”
Cortex Labs which has synergized blockchain & AI has revealed that its has launched its MainNet making it the world the first open, public, AI-powered ecosystem. The firm is also in a mission to democratize AI and prevent the creation of AI monopolies, by building an open-source environment to host trained AI models. Its developers are rewarded with CTXC tokens in the form of transaction fees for their contribution to the decentralized ecosystem.
A major IT company based in the U.S, Hewlett Packard (HP) Enterprise is exploring mixing of technology such as blockchain, Artificial Intelligence (AI) to develop internet-connected devices. It names it as ‘Edge computing’ which powers the Internet of Things devices like self-driving cars, personalized mobile-app promotions based on real-time analytics and predictive maintenance on industrial machines, whilst ensuring data privacy.
Cortex has launched a network for decentralized apps powered by artificial intelligence (AI) and claims that this is the first time that artificial intelligence has been introduced to a crypto network at scale. In near future, it plans to work with developers to implement AI apps on its network, and deliver on-chain machine learning to networks beyond Ethereum.
Ernst & Young (EY) has collaborated with artificial intelligence (AI) firm, Sensyne Health and blockchain company Guardtime. The new collaboration aims to link healthcare reimbursement and actual patient outcomes. The CEO of Guardtime, Mike Gault explained, “We are excited about the opportunities this collaboration will bring to the health industry.”