Recent advancements in AI technology have been making waves across various industries, from healthcare to finance and transportation. Leidos has invested $10 million in a collaboration with the University of Pittsburgh to develop AI-powered tools for detecting and managing diseases like cancer and heart disease. Meanwhile, companies like Moody's and OnCourse are leveraging AI to improve their operations and sales processes. However, concerns about AI's energy consumption and impact on climate change have sparked debates among experts. Additionally, the US Intelligence Community is undergoing an AI transformation, and the US government's antitrust actions against Meta and Google may lead to a breakup of the two companies, potentially spurring new AI innovation. Other notable developments include the use of AI in saliva tests to flag chemotherapy risk, AI-powered inspections for rental cars, and the launch of digital twin offerings to drive smarter AI-powered transformations.
Leidos Invests $10M in AI Disease Detection
Leidos is investing $10 million in a five-year collaboration with the University of Pittsburgh to develop AI-powered tools for detecting and managing diseases like cancer and heart disease. The partnership aims to accelerate diagnosis and improve patient outcomes. Leidos hopes to commercialize innovative healthcare technologies and deploy them across public and private healthcare sectors. The company also plans to develop future healthcare specialists and expand care to underserved communities.
Leidos and UPitt Collaborate on AI Disease Detection
Leidos and the University of Pittsburgh are collaborating to develop AI-powered tools for detecting and managing diseases. The partnership aims to accelerate the use of AI in healthcare and improve patient outcomes. Leidos has invested $10 million in the project, which will focus on developing AI-powered tools for quicker detection of diseases like heart disease and cancer. The company hopes to lead the commercialization of innovative healthcare technologies and deploy them across public and private healthcare sectors.
Leidos Invests in AI-Enabled Disease Detection
Leidos is investing $10 million in a five-year collaboration with the University of Pittsburgh to develop AI-enabled disease detection and management tools. The partnership aims to accelerate the detection of diseases like heart disease and cancer, and improve patient outcomes. Leidos hopes to develop digital healthcare solutions and deploy them across public and private healthcare sectors. The company also plans to cultivate the next generation of healthcare and AI innovators through comprehensive educational programs.
AI's Impact on Climate Change
Artificial intelligence requires massive amounts of energy to operate, which contributes to climate change. However, AI can also be used to optimize research processes and data collection, making it a potential tool for mitigating climate change. Experts are working to develop more efficient AI models and reduce the energy consumption of data centers. Additionally, AI can be used to monitor greenhouse gas emissions and optimize renewable energy sources.
Are AI Energy Concerns Overblown?
Some experts believe that concerns about AI's energy consumption and impact on climate change are overblown. They argue that technological advances will reduce the energy consumption of data centers and that AI can be used to optimize energy efficiency. However, others argue that the energy consumption of AI is a significant concern and that more needs to be done to reduce its impact on the environment. The US government is seeking to increase energy production to meet the growing demands of AI.
Moody's Develops 35 AI Agents
US-based financial services firm Moody's has developed 35 AI agents to improve its operations. The company is using AI to enhance its services and provide better solutions to its clients. Moody's is a leading provider of financial intelligence and analytics, and its use of AI is expected to further strengthen its position in the market.
OnCourse AI-Powered Sales Rep
OnCourse has developed an AI-powered sales rep that can handle inbound and outbound communications, qualify leads, and close deals. The company's flagship product, Oli, is a conversational AI that acts like a smart teammate, allowing sales teams to focus on building relationships and closing deals. OnCourse is seeing a 60% conversion rate from interaction to qualified lead, and clients are reporting a 2.5 times increase in qualified leads.
Revwit AI-Powered Sales Assistant
Revwit is an AI-powered sales assistant designed to transform how business-to-business sales are managed. The tool allows African business teams to manage leads, deals, and customer engagement without the complexity of traditional CRMs. Revwit supports over $800m in B2B deals across Africa and is available in local currencies. The company is planning to expand its payment support and integrations to make the product more accessible across the continent.
Intelligence Community's AI Revolution
The US Intelligence Community is undergoing an AI transformation, driven by the promise of AI to collect and analyze large amounts of data. The community is working to integrate AI into its operations, with the goal of improving national security. However, there are concerns about the ethics and governance of AI, as well as its potential impact on civil liberties and privacy. The community is working to address these concerns and ensure that AI is used responsibly.
Breakup of Meta and Google May Spur AI Innovation
The US government's antitrust actions against Meta and Google may lead to a breakup of the two companies, which could spur new AI innovation. Analysts believe that a breakup could lead to more opportunities for smaller companies and a more vibrant AI ecosystem. However, there are also concerns that a breakup could lead to reduced investment in AI research and development. The outcome of the antitrust actions is uncertain, but it is clear that the AI landscape is changing rapidly.
Saliva Test and AI May Flag Chemotherapy Risk
A new study suggests that a simple saliva test and AI algorithms may be able to identify cancer patients at high risk for severe side effects from a widely used chemotherapy drug. The test looks for genetic differences that affect how the body processes the drug, and AI algorithms can analyze the results to predict which patients are at risk. The study's findings could lead to more personalized and safer cancer treatment.
Hertz Rolls Out AI-Powered Inspections
Hertz is rolling out AI-powered inspections to detect damage to rental cars. The company is using AI algorithms to analyze images of the cars and identify any damage. The goal is to improve the efficiency and accuracy of the inspection process, and to reduce the risk of disputes over damage to the vehicles.
Coginiti Announces Digital Twin Offering
Coginiti, an AI-enabled data operations platform, has announced the launch of its digital twin offering. The digital twin is a virtual representation of an organization's systems and processes, and can be used to drive smarter, faster, and more accurate AI-powered transformations. Coginiti's digital twin layer enables enterprise customers to build dynamic, operational models of their business, and can help to address common roadblocks to AI adoption, such as data quality and systems integration.
Key Takeaways
* Leidos has invested $10 million in a collaboration with the University of Pittsburgh to develop AI-powered tools for detecting and managing diseases.
* AI can be used to optimize research processes and data collection, making it a potential tool for mitigating climate change.
* Moody's has developed 35 AI agents to improve its operations and provide better solutions to its clients.
* OnCourse has developed an AI-powered sales rep that can handle inbound and outbound communications, qualify leads, and close deals.
* The US Intelligence Community is undergoing an AI transformation to improve national security.
* The US government's antitrust actions against Meta and Google may lead to a breakup of the two companies, potentially spurring new AI innovation.
* A saliva test and AI algorithms may be able to identify cancer patients at high risk for severe side effects from a widely used chemotherapy drug.
* Hertz is rolling out AI-powered inspections to detect damage to rental cars.
* Coginiti has launched a digital twin offering to drive smarter, faster, and more accurate AI-powered transformations.
* Revwit is an AI-powered sales assistant designed to transform how business-to-business sales are managed in Africa.
Sources
- Health Tech Roundup—Leidos invests $10M in AI disease detection with Pitt; Surescripts receives QHIN status
- Leidos and UPitt collaborate to democratize AI disease detection
- Leidos to Invest $10M in AI-Enabled Disease Detection Tools
- Artificial intelligence: climate solution or climate catastrophe?
- Are AI Energy Concerns Overblown?
- US-based financial services firm Moody’s develops 35 AI agents
- OnCourse built an AI-powered sales rep, and it’s already closing deals
- Experts develop AI software to fix sales gaps
- The Intelligence Community's AI Revolution
- Breakup of Meta, Google May Spur New AI Innovation Wave, Analysts Say
- Saliva test plus AI could flag chemotherapy risk, early study results suggest
- Hertz is rolling out AI-powered inspections to tell if you dinged your rental car
- AI-Enabled Data Operations Platform Coginiti Announces Its New Digital Twin Offering