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Business news | August 16, 2024 | By Nick Flaherty Artificial Intelligence is rapidly evolving, bringing with it a pressing need for heightened security, particularly for applications at the edge of the network. This trend has been highlighted in the most recent survey by PSA Certified, revealing the industry’s growing concerns about AI’s frenetic pace potentially outstripping the capacity for adequate safeguards. In fact, 68% of technology decision-makers are alarmed that advancements in AI are surpassing the industry’s ability to secure devices, products, and services. The underlying culprit for this security challenge is edge technology. Unlike centralized cloud-based systems, edge…
Ceva, Inc. (NASDAQ:CEVA), a preeminent licensor of wireless connectivity and smart sensing technologies for the Internet of Things (IoT), has delivered outstanding financial results for the second quarter of 2024. The company surpassed market expectations, demonstrating strong gains in both licensing execution and royalty revenue across various sectors. At the heart of today’s most sophisticated smart-edge products, Ceva’s technologies are fostering a smarter, safer, and more interconnected world. A Legacy of Innovation and Market Leadership With over three decades of pioneering industry experience, Ceva has established itself as a beacon of innovation in providing vertically integrated silicon and software IP…
The IT ecosystem is on the cusp of a transformative shift, driven by the novel possibilities that Edge AI presents. Combining the best of artificial intelligence (AI) and edge computing, Edge AI stands poised to revolutionize various sectors with its innovative capabilities, according to Jyothis Indirabhai, Co-Founder and CEO of Netrasemi. Speaking at a seminar titled ‘Edge AI: The Next AI Front Line’, organized by Nasscom-associated FAYA: 80 at Technopark, Jyothis highlighted the significance of Edge AI in the contemporary technological landscape. This community-driven event, part of the 118th edition of FAYA: 80’s open-for-all tech seminar series, brought to light…
State-of-the-art chip designs developed in the lab of Shreyas Sen, an Associate Professor at Purdue University, could offer groundbreaking solutions to the energy constraints plaguing today’s wearable devices. These energy limitations have long restricted the potential of wearable gadgets to handle complex AI tasks, thereby affecting their utility in critical areas such as healthcare, where continuous, real-time monitoring is vital. Imagine a wearable electrocardiogram that could detect heart irregularities without relying on constant internet connectivity. Such a device could save lives, even in areas with poor signal reception. Sen, who holds the Elmore Associate Professorship in Electrical and Computer Engineering…
TAIPEI, Aug. 21, 2024 /PRNewswire/ — The 2024 Taipei International Industrial Automation Exhibition witnessed a major breakthrough as MICROIP announced the adoption of its groundbreaking “AI Software Platform Solution” by WT Microelectronics. This innovative platform will underpin the industry’s first AI x Remote I/O solution, leveraging MediaTek’s Genio IoT platform with MT8390/MT8370 processors. These cutting-edge processors, crafted using TSMC’s 6nm process, integrate dual-core ARM Cortex-A78 and six/four-core ARM Cortex-A55 architectures, enhanced with 4.0TOPs/3.2TOPs neural processing units (NPU). The result is a sophisticated blend of high performance and energy efficiency, positioning these processors perfectly for industrial automation applications demanding AI capabilities,…
In a bold and forward-thinking move, Amazon has announced its plans to acquire AI chipmaker and model specialist Perceive Corp. for a staggering $80 million in cash. This acquisition aims to significantly enhance Amazon’s large language models (LLMs) and edge computing capabilities, marking a substantial investment in the future of artificial intelligence and on-device computing. Amazon, the tech giant and parent company of Amazon Web Services (AWS), is poised to integrate Perceive Corp.’s cutting-edge technology directly into its operations. “We’re excited to have signed a deal to acquire Perceive and bring over its talented team to join our efforts to…
Envision a city where technology seamlessly integrates with daily life, optimizing everything from traffic flow to energy usage, creating an urban ecosystem unlike any we’ve seen before. This is the promise of smart cities. These forward-thinking locales aim to operate public services at peak efficiency, ensuring that residents have easy access to accurate information, vital resources, and significant community engagements. Imagine moving effortlessly through a city with optimized public transportation, connected vehicles, and intelligent adaptive traffic management, all working harmoniously. Behind the scenes, data enhanced by artificial intelligence (AI) provides insights to increase energy efficiency and promote sustainable urban development,…
The fusion of artificial intelligence with the Internet of Things (IoT) is not merely a technological advancement—it heralds a transformation poised to double the value of IoT to nearly $1 trillion over the next five years. This powerful synergy, now coined as the AI of Things (AIoT), is set to elevate our devices from simple data collectors to sophisticated decision-makers. Yet, this revolutionary evolution brings with it a set of challenges that must be meticulously navigated. AIoT is shifting the paradigm of device functionality. Edge computing, or processing data on a network closer to its source, has touted benefits such…
Artificial Intelligence (AI) holds an immense potential to revolutionize businesses, but the challenge lies in how modern organizations can harness this complex yet powerful tool. Yadhu Gopalan, cofounder and CEO of Esper, argues that edge computing could be the catalyst to bring AI to the forefront of everyday business operations. By integrating intelligence directly into devices used daily, companies can unlock a myriad of opportunities previously considered out of reach. For many enterprises, the concept of AI at the edge may initially appear inaccessible, often perceived as an exclusive domain. However, this perception is rapidly shifting. The idea of democratizing…
In a thought-provoking installment of The FemTech Series, Olivia Friett, the seasoned editor of Medical Plastics News, engages in a compelling dialogue with Cat Kelly, the dynamic chief operating officer at Naitive, to explore a startling statistic: 75% of osteoporosis cases remain undetected. This condition silently impacts one in three women over the age of 50, marking a significant, yet often overlooked, public health concern. Luring in the listeners with her insightful questions, Friett delves deep into the nuances of osteoporosis—also known as the “silent disease” due to its asymptomatic progression until a fracture occurs. Kelly illuminates the conversation with…
