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Archive for the ‘business’ category: Page 2

Oct 22, 2020

Cyberattacks against machine learning systems are more common than you think

Posted by in categories: business, cybercrime/malcode, finance, robotics/AI

Machine learning (ML) is making incredible transformations in critical areas such as finance, healthcare, and defense, impacting nearly every aspect of our lives. Many businesses, eager to capitalize on advancements in ML, have not scrutinized the security of their ML systems. Today, along with MITRE, and contributions from 11 organizations including IBM, NVIDIA, Bosch, Microsoft is releasing the Adversarial ML Threat Matrix, an industry-focused open framework, to empower security analysts to detect, respond to, and remediate threats against ML systems.

During the last four years, Microsoft has seen a notable increase in attacks on commercial ML systems. Market reports are also bringing attention to this problem: Gartner’s Top 10 Strategic Technology Trends for 2020, published in October 2019, predicts that “Through 2022, 30% of all AI cyberattacks will leverage training-data poisoning, AI model theft, or adversarial samples to attack AI-powered systems.” Despite these compelling reasons to secure ML systems, Microsoft’s survey spanning 28 businesses found that most industry practitioners have yet to come to terms with adversarial machine learning. Twenty-five out of the 28 businesses indicated that they don’t have the right tools in place to secure their ML systems. What’s more, they are explicitly looking for guidance. We found that preparation is not just limited to smaller organizations. We spoke to Fortune 500 companies, governments, non-profits, and small and mid-sized organizations.

Our survey pointed to marked cognitive dissonance especially among security analysts who generally believe that risk to ML systems is a futuristic concern. This is a problem because cyber attacks on ML systems are now on the uptick. For instance, in 2020 we saw the first CVE for an ML component in a commercial system and SEI/CERT issued the first vuln note bringing to attention how many of the current ML systems can be subjected to arbitrary misclassification attacks assaulting the confidentiality, integrity, and availability of ML systems. The academic community has been sounding the alarm since 2004, and have routinely shown that ML systems, if not mindfully secured, can be compromised.

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Oct 21, 2020

Tesla’s 4680 tabless cells are curiously similar to LG Chem’s ‘new form factor’ batteries

Posted by in categories: business, sustainability, transportation

As the electric vehicle sector grows, the demand for batteries is poised to see a significant increase. This is a big opportunity for companies like LG Chem, which supplies batteries for several EV makers like Tesla. Amidst this surging demand, LG Chem revealed on Wednesday that it is planning on tripling its production capacity for cylindrical batteries, the type used by the Silicon Valley-based electric car maker.

LG Chem currently forecasts a further rise in its battery sales and profits this fourth quarter. This is rather optimistic of the South Korean company considering that the company has already posted record quarterly earnings thanks to its growing EV battery business. “Sales are continuously expected to grow thanks to greater shipments of automotive batteries and cylindrical batteries for EVs,” LG Chem noted.

Oct 21, 2020

Landing AI Unveils AI Visual Inspection Platform to Improve Quality and Reduce Costs for Manufacturers Worldwide

Posted by in categories: business, robotics/AI

Global Manufacturing Companies Trust LandingLens to Enhance Their Existing Visual Inspection Systems with AI

PALO ALTO, Calif. – October 21, 2020 – Landing AI, a company that empowers customers to harness the business value of AI by providing enablement tools and transformation programs, today unveiled LandingLens, an end-to-end visual inspection platform specifically designed to help manufacturers build, deploy, and scale AI-powered visual inspection solutions.

Visual inspection is a widely used method in manufacturing for processes like defect identification and assembly verification. While this has generally been performed by human workers and traditional rule-based machine vision, more and more companies are turning to AI to automate and enhance their visual inspection operations given the accuracy, flexibility and low cost that the technology brings.

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Oct 17, 2020

The First Look at Boom’s Supersonic Plane

Posted by in categories: business, transportation

It’s been almost 20 years since the Concorde was retired, putting an end to commercial supersonic flight for the very rich. But out in Colorado, the startup Boom Technology has raised $160 million in its quest to build a replacement, one that should be cheaper, more comfortable and able to fly more routes. Here’s an exclusive first look at Boom’s prototype test plane, the XB-1.

#HelloWorld #Technology #Aviation

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Oct 16, 2020

Pilot: A virtual agent that can negotiate with humans

Posted by in categories: business, computing, education, law, neuroscience

Negotiations are a central part of many human interactions, ranging from business discussions and legal proceedings to conversations with vendors at local markets. Researchers specialized in economics, psychology, and more recently, computer science have conducted several studies aimed at better understanding how humans negotiate with one another in the hope of shedding light on some of the dynamics of human decision-making and enabling the development of machines that can replicate these dynamics.

A research team at the University of Southern California has been exploring the possibility of building automated systems that can negotiate with humans. In a paper pre-published on arXiv and set to be presented at the IJCAI conference, they presented a virtual agent based on a framework called IAGO (Interactive Arbitration Guide Online), which can negotiate with humans in a three-round task. This virtual agent, called Pilot, is one of the finalists of the IJCAI conference’s global negotiation challenge (ANAC).

“Recently, researchers realized the potential applications of building automated systems that can negotiate with humans,” Kushal Chawla, one of the researchers who carried out the study, told TechXplore. “These intelligent assistants can be really useful to augment current techniques for training people to have stronger social skills. Examples include teaching business students to negotiate for successful deals or lawyers to accurately assess settlement rates in legal proceedings.”

Oct 15, 2020

Germany drafting law to give people the legal right to work from home

Posted by in categories: biotech/medical, business, law

The pandemic has seen the number of remote workers swell. Now Germany says it wants to make sure new business models work for everyone.

Oct 14, 2020

SpaceX to explore ways to provide weather data to U.S. military

Posted by in categories: business, military, space

SpaceX won a $2 million contract from the SpEC consortium to study ways to provide weather data to the U.S. Space Force.


WASHINGTON — SpaceX is looking at ways it could provide weather data to the U.S. military. The company is working under a $2 million six-month study contract from the U.S. Space Force’s Space and Missile Systems Center.

Charlotte Gerhart, chief of the Space and Missile Systems Center Production Corps Low Earth Orbit Division, said in a statement to SpaceNews that SpaceX received the contract in July from SMC’s Space Enterprise Consortium.

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Oct 14, 2020

From Essays to Coding, This New A.I. Can Write Anything

Posted by in categories: business, robotics/AI

Elons fears are real about AI.


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Oct 12, 2020

Ant Group and fintech come of age

Posted by in categories: business, finance

If the surge in digital finance is universal, the business models behind it are not. In Latin America look out for digital banks and e-commerce pioneers such as Nubank and MercadoLibre, owner of Mercado Pago. In South-East Asia Grab and Gojek, two ride-hailing services, are becoming “super-apps” with financial arms. Fintech firms now provide the majority of consumer loans in Sweden. In America credit-card firms such as Visa (the world’s most valuable financial firm), digital-finance giants such as PayPal (the sixth) and the big banks both co-operate and compete. Tech giants such as Apple and Alphabet are dipping their toes in, tempted by the financial industry’s $1.5trn global pool of profits.


A blockbuster listing shows how fintech is revolutionising finance.

Oct 11, 2020

IBM finally gets rid of some business to focus on the one that matters

Posted by in categories: business, law, quantum physics, robotics/AI

International Business Machines, still the legal name of century-plus-old IBM, has managed over the years to pull off a dubious feat. Despite selling goods and services in one of the most dynamic industries in the world, the IT sector the company helped create, it has managed to avoid growing.

The company that was synonymous with mainframes, that dominated the early days of the personal computer (a “PC” once meant a device that ran software built to IBM’s technical standards), and that reinvented itself as a tech-consulting goliath, lagged while upstarts and a few of its old competitors zoomed past it.

What IBM excelled at more often was marketing a version of its aspirational self. Its consultants would advise urban planners on how to create “smart cities.” Its command of artificial intelligence, packaged into a software offering whose name evoked its founding family, would cure cancer. Its CEO would wow the Davos set with cleverly articulated visions of how corporations could help fix the ills of society.

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