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Insurance

AI Helps to Determine Fault in Car Accidents

Sompo Japan Nipponkoa Insurance is set to use AI to examine car insurance claims, using GPS and dash cam recorder data to enable quicker payouts of benefits. The company is developing the system with Genext, an image analysis specialist based in Yokohama. Dash cam images and GPS data will be used to reproduce a collision while factoring in vehicle speeds and road conditions. AI will analyse this information and use past accident data to compute fault percentages for the parties involved. The data provides more objective evidence to negotiate damages compared with relying on a driver's memory. The company plans to use accident data to advise drivers on safety as well. As per the insurer, conventional claims processing takes nearly two months including on-site investigations and settlement negotiations, while the use of AI will slash the time to just one to two weeks. Read More

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Healthcare

AI To Determine Age by Analysing Gut Microbiome

The plethora of bacteria and other tiny organisms that live in a person’s gut, often referred to as the gut microbiome, don’t just help with digesting food and fight diseases. They also provide a very accurate biological clock that shows an individual’s physical age. The link between the gut biome and age has been discovered by longevity researcher, Alex Zhavoronkov and a team of his colleagues at Insilico Medicine, an AI-based startup. The team examined 3,663 curated samples of gut bacteria from 1,165 healthy people, aged 20-90, from countries in Europe, Asia, and North America. A deep learning algorithm was then trained on data on 1,673 different microbial species from 90.0% of the samples. The AI was then tasked with predicting the ages of the remaining 10.0% of participants solely from data on their gut bacteria. The results showed that the system was able to predict age to within four years based on the gut bacteria data. Furthermore, the results indicated that 39 of the microbial species analyzed are particularly important in relation to accurately predicting age. Read More

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Culinary

AI To Decide How Food Tastes

Seasoning company, McCormick has decided to spice up consumers’ lives — using AI. The company is working with IBM on an initiative that will analyze its data on taste that has been collected over more than 40 years. The data includes past product formulas as well as millions of pieces of information on consumers’ palates. The companies are developing a platform called “ONE” that will help create new flavor combinations using AI. The platform uses multiple machine learning algorithms that are trained using the data points and then human product developers will use the information to create new ingredients. Different tastes produced so far include Tuscan chicken, bourbon pork tenderloin and New Orleans sausage, which should be in US stores by late spring. The companies aim to unlock the bounds of creativity and transform the food and flavour development process. Read More

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Healthcare

AI-based Medical Diagnostic Services to Aid Doctors

The private Showa University in Tokyo, Nagoya University and a software company Cybernet Systems Co. have jointly developed a software to analyze colon polyps in images taken during endoscopic examinations. Using a vast amount of past diagnostic data, the software will determine whether polyps are malignant. It has been proven reliable, with an assessment determining that it can identify a potentially cancerous polyp with the same accuracy as a leading specialist. Further, LPixel Inc. has produced a program to spot cell degeneration in the cerebrum from images taken by a magnetic resonance imaging scan. The company used a deep learning method to process large amounts of diagnostic data with the program. When a progression in a cerebral disease is suspected, it will be recommended that the patient undergo a closer check by a doctor. Both the above-mentioned AI enabled software has been approved for sale by the Japanese Government. Software-aided medical devices are expected to lessen the burden on doctors in diagnosis while reducing human error. Read More

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Miscellaneous

Meet ZOE - The World's First Virtual Personal Cruise Assistant Powered by AI!

Taking guest service to a new level, MSC Cruises is set to offer a virtual personal cruise assistant called ‘ZOE’. Developed in partnership with HARMAN and Samsung Electronics, ZOE is a voice-enabled AI tool found in every cabin. ZOE, who can speak seven languages, has the ability to answer hundreds of questions about the cruise, provide information about onboard services and can also aid in booking a service. An easy to use device – guests just say, ‘OK ZOE’, and she’s ready to help. The advanced voice recognition feature makes it easy for everyone to control and access information using only voice commands. ZOE's physical design features advanced audio with far field microphones and a professional quality speaker to provide the best audio experience. Guests can also connect their phones directly to the device through Bluetooth to enjoy music, podcasts and more. To ensure that ZOE could respond effectively to all guests, the AI tool has been programmed and trained to respond to more than 800 of the most commonly asked questions with thousands of different variants of each question. Read More

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Retail

AI to Automate Sales, Connect Retailers and Dealers

Raymond has partnered with Applicate, a four-year-old Gurgaon-based startup, to automate its entire supply network by using AI. The company launched a pilot project with Applicate’s hybrid software as a service (SaaS) based B2B platform called Channel KART (renamed Midas by Raymond for internal communication) to communicate between the retailers and dealers. Hybrid SaaS refers to a software delivery model, where the software and the data linked to it are hosted on the cloud and integrated with the enterprise resource planning or document management systems of an organisation, allowing large enterprises to incorporate custom work-flows when needed. Midas, on its part, allows Raymond’s sales team to connect with retailers located anywhere in the country and provide them with timely service. Retailers can now place orders, pay, track order/delivery, get instant notification about new products, schemes, claims and promotions. This automation exercise will significantly improve demand forecasting and reduce wastage in the system while also lending visibility to dealers under wholesalers who are currently not visible to Raymond. Read More

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Gaming

AI Studies Game Behaviour to Determine Player’s Gender

Researchers from ITMO University and the National University of Singapore have been successful in predicting personality features such as gender using data from an online gaming platform. This is one of the first studies of machine learning applied to a large amount of game data. Using the data the researchers collected the Steam gaming platform users behaviour and a specially developed and trained AI model, scientists managed to predict the player's gender by their gaming behaviour. The database for analysis was collected from the service Player.me, which provides information about Steam and social media accounts. Comparing user game data with their Twitter, Facebook and Instagram posts, researchers discovered links between game behavior and personal features. As a result, the model was built upon such features as time spent on the game, achievements, preferred game genres, in-game payments, etc. According to the scientists, game data analysis can be useful for early detection of gaming addiction and for marketing research in the gaming field. Read More

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“Quantum Computing, a revolution in technology, has shown great promise towards solving complex computing problems currently outside the capabilities of current computers. Though in its infancy, we at Decimal Point Analytics strongly believe that it is going to grow exponentially in the near future. It holds the potential not only to boost the AI revolution but also transform the way data is synthesized. The articles on Quantum computing will give an insight into the recent developments in this space.”

 
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Quantum Computing

Quantum Teleportation- An Amazing Property of Quantum Entanglement

One of the most amazing Quantum applications may allow us to build copies of ourselves in some far distant world. Qubits can exhibit a property called quantum entanglement, in which 2 qubits are mysteriously linked, no matter how far apart they may be in the physical world. This has enabled research into what is called quantum teleportation. By taking previously-entangled particles and placing them in different locations, researchers can use traditional communication methods to send the states of one particle to the entangled partner no matter how far apart they might be. In 2017, Chinese scientists sent the information for the quantum state of one photon to an orbital satellite equipped 870 miles above Earth. This information was detected and then relayed to the photon’s entangled partner, which then became a “mirror copy” of its partner on Earth. The same research group then reversed this accomplishment and sent the entangled photon states from a satellite to two ground stations. Read More

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