● Finance

AI Based Platform for Unified Experience Across Digital and Traditional Assets

Brooklyn Investment Group, LLC, an AI powered managed accounts platform and Apex Fintech Solutions Inc., has announced a new offering that will enable a unified investor experience across traditional and digital assets. Brooklyn extends the concept of direct indexing by enabling personalization of portfolios at the individual client level. The solution will soon be available to independent financial advisors powered by Apex subsidiaries, Apex Clearing and Apex Crypto. Apex empowers financial advisors to manage visibility across a client’s total financial picture, as it integrates crypto and fractional capabilities through its cryptocurrency and equities custody solutions. Read More

● Banking

AI Driven Credit Fraud Detection Solution for Banking

Amex has deployed additional AI techniques used to protect against credit card fraud to its banking products. The fraud models are designed to recognise odd behaviour or suspicious patterns of activity that are not typical of a particular customer. The Amex fraud detection models react and optimise automatically by adjusting how they weigh certain data points in the decision-making process, for instance. In the places it sees more fraud, it will be more aggressive. The company might weigh more heavily on particular geographic regions, currencies, or types of products associated with attempted transactions. Read More

● Biomechanics

AI Powered Platform to Solve Biomechanical Control Issues

Meta Researchers introduce a new embodied AI platform called ‘MyoSuite’ that combines motor and neural intelligence to solve biomechanical control problems using machine learning (ML). To meet the data requirements of modern machine learning (ML) algorithms, MyoSuite’s muscle models are up to 4,000 times faster than other simulators. Since physiologically realistic movements such as twirling a pen or manipulating Baoding balls can be generated, this research could significantly impact areas such as the development of prosthetics and post-injury rehabilitation. In the metaverse, these models will aid in creating avatars that move more realistically, making the experience more expressive and immersive. Read More

● Media and Training

AI Powered No-Code eXtended Reality (XR) SaaS Platform for Training Content Generation

SimInsights has announced general availability (GA) of HyperSkill, a no-code 3D simulation software for Virtual and Augmented Reality and Artificial Intelligence powered training. HyperSkill was created to enable instructional designers and subject matter experts to author immersive, interactive and intelligent training content without having to learn programming or technical skills in machine learning and artificial intelligence. HyperSkill enables non-programmers to author VR/AR/AI-powered content, automatically optimize it and publish it across many devices and audiences and collect and visualize experience data for assessment and evaluation. HyperSkill has been used by customers in healthcare, manufacturing and education. Read More

● Farming

AI Enabled Optical Sensing Technology for Raw Milk Testing

The alumni of the Massachusetts Institute of Technology (MIS) have developed an optical milk scanner based on materials-sensing technology called MilKey, and dairy farmers can use it to check the health of their cows through an app. MilKey, which can test milk from individual cows in less than 10 seconds, is assisting farmers in getting a clearer picture of their cows’ health. In the future, it may also provide vets with historical data on the health of animals, assist dairy farmers in identifying best practices and make it possible for farmers to raise their level of transparency with consumers. Read More