● Insurance

AI Based Insurers Building Underwriting and Claims Solutions

Gradient AI has announced that it has partnered with Socotra. Providing open APIs and robust core functionality, Socotra enables insurers to rapidly build and launch novel insurance products with minimal effort and expense. Through this partnership, Gradient AI will integrate its state-of-the-art AI solutions with Socotra’s cloud-native insurance core platform. The powerful combination allows insurers to leverage the intelligence of Gradient AI’s vast dataset, which is comprised of tens of millions of policies and claims, directly through Socotra’s innovative platform. This enables insurers to price more competitively, reduce claims expenses and loss ratios, and improve quote turnaround times. Read More

● Technology

AI Driven Platform for Recommendations and Conversational Analytics

Lumenore has introduced a new version of its AI-driven recommendations and conversational analytics platform. Lumenore’s highly secure self-service data infrastructure delivers an enterprise data universe and organizational intelligence and dramatically simplifies decision making at all levels of the organization. Lumenore’s platform provides seamless data acquisition, improved accessibility, and a powerful architecture for unparalleled performance. It features text and voice-based insight, utilizing natural language querying with Ask Me and automated data discovery with Do You Know to provide faster and easier access to actionable business recommendations from data. Read More

● Healthcare

AI Enabled Therapy Chatbot to Provide Mental Health Support to Patients

Dorset Healthcare University NHS Foundation Trust is to roll out an AI-powered therapy chatbot which aims to give patients mental health support before, during and after NHS-prescribed talking therapies. Wysa will be integrated into the trust’s services, which will mean that once a patient is on the waiting list for an NHS therapist, they will gain immediate access to Wysa’s 24/7 interactive mental health support. Patients can use Wysa’s talking therapy for immediate support and help in managing their symptoms. It is hoped that in doing so, they can help prevent their mental health from deteriorating while they wait for their therapist appointment. Read More

● Technology

AI Powered Digital Platform to Improve Resilience to Addictive Technologies

HOUR25.AI, an algorithm-based digital platform is combating a trillion-dollar problem to reduce internet addictions, increase resiliency and improve well-being at home and at work, has launched its beta platform to early adopters and companies. HOUR25.AI was born out of the idea that a majority of individuals and professionals at nearly every age range, demographic, psychographic and socio-economic background is lacking more AI-oriented technology that helps users cope with negative aspects of technology, identify time-wasting and other negative behaviors in real-time to shift their focus back to healthier, real-life activity at home and/or at work engagements. Read More

● Farming

AI Based Solution That Aids Shrimp Farming

Umitron, a Singapore and Japan-based deep tech company for aquaculture, has unveiled ‘Umitron Eagle’, their latest technology offering the world’s first real-time AI-based analytics solution for shrimp producers. The solution uses advanced AI detection to track multiple real-time biological conditions and other factors in highly turbid and intensive production environments. Umitron Eagle can enable shrimp producers to optimise their feeding protocols easily and automatically using real-time analytics. In addition to the current partnership with Charoen Pokphand Foods (CPF), Umitron said it looks forwatd to extend the solution to other shrimp farmers to improve the operations at their production sites. Read More