Rapid Technological Advancements Through Artificial Intelligence and the Internet of Things

The capacity of artificial intelligence (AI) to simulate intelligent behavior and decision-making and the network of gadgets of the Internet of Things (IoT) that can communicate have altered businesses and how we live and work. This article describes how AI and IoT work well together and how their merger transforms the future and enables new…

AI-enabled financial fraud detection spend to exceed $10 Billion by 2027

A new study from Juniper Research has found global business spend on AI-enabled financial fraud detection and prevention strategy platforms will exceed $10 billion globally in 2027; rising from just over $6.5 billion in 2022. Growing at 57% over the period, the report predicts that as fraudsters become more sophisticated in their attacks, merchants and issuers will…

Abarth trials facial recognition technology to measure driver happiness

The performance car brand, Abarth, has become the first manufacturer to trial facial recognition technology to better understand the emotions experienced in one of its cars. Working in partnership with Loughborough University, Abarth carried out the experiment to discover the different emotions experienced by the driver and passenger. Driving an Abarth F595, 595 Esseesse and…

Voi partners with Drover AI to deploy computer vision to tackle pavement riding

  Deployment of computer vision on e-scooters in Europe will see thousands of Voi vehicles installed with Drover’s PathPilot AI technology in Oslo Drover AI uses machine-learning and computer vision to accurately and reliably identify whether the e-scooter is on the pavement, road or cycle lane PathPilot will supercharge Voi’s geo-fencing capabilities as well as…