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Data Science News
Medium
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Understanding the Key Factors in Selecting the Best Machine Learning Algorithm
- Choosing the right machine learning algorithm is crucial for the success of any ML project.
- Understanding the problem and the type of data is the first step in selecting the appropriate ML algorithm.
- For classification problems, algorithms like logistic regression or decision trees are suitable.
- For regression problems, linear regression or support vector machines can be considered.
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Medium
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4
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The Rise of Zero-Click Searches: How Google Is Reshaping the Web in 2024
- Zero-click searches are on the rise as users find information directly on Google's search results page without clicking further links.
- This shift has implications for website owners and businesses reliant on organic search traffic.
- Factors contributing to the rise of zero-click searches include Google's push for instant answers and the prominence of Google-owned platforms.
- Content creators and businesses need to adapt to this new reality by optimizing their content for featured snippets, knowledge panels, and AI-generated summaries.
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Medium
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246
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AI in Business: Transforming Efficiency, Customer Engagement, and Growth
- Businesses are transforming with AI, boosting efficiency through automation, data insights, and enhanced customer engagement.
- AI-powered chatbots have emerged as a solution to efficiently manage customer queries.
- AI can analyze vast amounts of data, revealing valuable insights.
- Automating repetitive tasks with AI tools improves efficiency and reduces operational costs.
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Analyticsindiamag
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Runway Introduces its Next-Gen Image-to-Video Generation AI Model
- AI video startup, Runway, has introduced its Gen-4 series of AI models capable of generating media with just an image as reference.
- The Gen-4 models set a new standard in video generation and show improvement over the previous Gen-3 Alpha model.
- Runway's Gen-4 achieves world consistency, allowing users to create consistent worlds, characters, and environments for longer form narrative content.
- The model also offers the ability to set preferred look and feel, regenerate elements from multiple perspectives, and can be used for product photography or narrative content.
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Analyticsindiamag
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121
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Chef Robotics Raises $43M in Series A for Robotic Food Assembly
- San Francisco-based automation company, Chef Robotics, has raised $43.1 million in a Series A funding round.
- Avataar Ventures led the equity round, with participation from various investors.
- The funding will be used to scale the company's AI-enabled robotic systems for meal assembly.
- Chef Robotics plans to expand its presence in the UK market.
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Analyticsindiamag
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TCS Named Official AI & Technology Partner for Schneider Electric Marathon de Paris
- Tata Consultancy Services (TCS) appointed as official AI & technology partner for Schneider Electric Marathon de Paris.
- TCS will use its expertise in AI and digital technology to enhance the experience for runners and spectators.
- The partnership will bring AI-powered tools for performance tracking, personalised training insights, and improved digital experiences.
- TCS sponsors 14 global marathons, including major races in New York, London, Chicago, Boston, and Sydney.
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Analyticsindiamag
2w
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‘Impossible for Any Big Company to Have Enough Imagination in AI’
- In a podcast episode, Kevin Scott, CTO of Microsoft, expressed that large companies cannot possess enough imagination to recognize every interesting AI possibility.
- Startups in the AI ecosystem have the advantage of building specialized AI-enabled products and services that big companies may not prioritize.
- While concerns about big companies swallowing up startups exist, there is a thriving startup and product ecosystem in the AI space.
- Powerful foundational models in AI are easily accessible and affordable, enabling solo entrepreneurs to monetize multiple ideas quickly.
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Analyticsindiamag
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Best Time to Be Alive if You Have an Entrepreneurial Spirit: Microsoft CTO
- Kevin Scott, CTO of Microsoft, believes that the current AI startup ecosystem offers immense potential for entrepreneurs to develop innovative products and services that large companies might overlook.
- Startups operating in the AI field have witnessed significant success and growth, particularly in the development of AI-enabled products at the model infrastructure layer.
- Scott acknowledges that large companies cannot recognize every interesting possibility, and therefore a vibrant startup and product ecosystem will continue to coexist alongside big entities.
- Specialized domain expertise and the ability to take high risks give startups an advantage over big companies in creating defensible positions and offering unique AI solutions.
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Medium
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25
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Cultural Fluency in the Digital Age: Generative AI’s Impact on Localization
- Generative AI helps overcome the limitations of traditional translation methods by grasping the intent behind a phrase and adapting it for different audiences.
- Generative AI learns from diverse bilingual content, recognizing tone, humor, and context to enhance localization and make global communication more natural and engaging.
- Integrating generative AI into localization workflows offers transformative benefits for businesses targeting Hindi-speaking audiences.
- While generative AI improves the localization process, human expertise is still essential to accurately capture unique cultural expressions and nuances.
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Analyticsindiamag
2w
60
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Akamai Becomes the First Cloud Provider to Offer VPUs
- Cloud computing platform Akamai has introduced Akamai Cloud Accelerated Compute Instances, a new category of cloud-based compute powered by NETINT video processing units (VPUs).
- Akamai becomes the first cloud provider to offer VPUs in the cloud, enabling specialised hardware for media transcoding in cloud environments.
- Akamai's accelerated instances run on Quadra T1U VPUs, supporting resolutions up to 8Kp60 and offering scalable solutions for media companies delivering video-on-demand and live streaming services.
- The introduction of VPUs in the cloud allows companies to offload compute-intensive video processing tasks from CPUs, providing greater throughput and cost savings.
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Analyticsindiamag
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US-Based Agility Robotics to Raise $400 Million, SoftBank to Participate
- Agility Robotics, an Oregon-based robotics company, is raising $400 million at a pre-investment valuation of $1.75 billion.
- SoftBank is slated to participate in the fundraising, reflecting the growing interest in robotics due to advancements in AI.
- Agility Robotics aims to unveil a robot safe enough to work alongside people by early 2027.
- The company has recently announced new features in their humanoid robot Digit, including expanded battery capabilities and new safety features.
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Analyticsindiamag
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399
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HCLTech Launches AI-Powered Public Sector Arm in the US
- HCLTech has launched a new subsidiary, HCLTech Public Sector Solutions (PSS), aimed at driving AI-led digital transformation across government agencies in the United States.
- The subsidiary will cater to state and local governments, education (SLED) organisations, as well as federal civilian and defence agencies.
- HCLTech appointed three members to the PSS board of directors: Arjun Sethi, Raghu Raman Lakshmanan, and Jill Kouri.
- HCLTech has also been selected as a Design Solution Partner under the Samsung Advanced Foundry Ecosystem program.
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Analyticsindiamag
2w
95
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Israeli Founders From Elite Army Units are Creating Billion-Dollar Startups
- Google's parent company Alphabet has agreed to acquire Israeli cybersecurity startup Wiz for $32 billion in an all-cash transaction, making it the largest exit in Israel's history.
- Wiz, founded by former members of Israel's elite military intelligence programs, provides AI-powered cloud cybersecurity solutions and serves clients like Microsoft and Amazon.
- The acquisition highlights the potential of Israeli startups to deliver substantial returns, boosting investor confidence in the region's entrepreneurial landscape.
- The success of Wiz and other Israeli startups with military intelligence backgrounds showcases the talent pool and high-performing startup teams emerging from these elite army units.
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Towards Data Science
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Graph Neural Networks Part 3: How GraphSAGE Handles Changing Graph Structure
- GraphSAGE is introduced as a solution to issues with GCNs and GATs, such as generalization and scalability problems.
- GCNs and GATs struggle with generalizing to unseen graphs, requiring the same structure as training data.
- GraphSAGE addresses scalability by sampling neighbors and aggregating features efficiently.
- Sampling neighbors and aggregating their features are crucial steps in the GraphSAGE architecture.
- Aggregation functions like mean aggregation, LSTM, and pooling are utilized in GraphSAGE.
- Node representations are updated by combining previous features with aggregated neighbor features in GraphSAGE.
- GraphSAGE allows information flow from distant neighbors through repeated layers in the network.
- GraphSAGE is implemented in PyG, making it easily usable in PyTorch for predicting on graphs.
- Results comparing GraphSAGE with GCN and GAT show superior performance on small datasets like Cora.
- GraphSAGE exhibits impressive improvements in accuracy compared to GCN and GAT in the experiments.
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Medium
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43
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A robot walks increasingly like humans thanks to artificial intelligence and adversarial…
- A company specializing in robotics and artificial intelligence, Figure AI, has achieved a major breakthrough in creating a humanoid robot that walks with naturalness.
- Using reinforcement learning and thousands of digital simulations, Figure AI improved the gait of its Figure 2.0 robot, making its movements more fluid and human-like.
- The simulations provided data on successful movement patterns, which were then applied to the real robot, resulting in visible improvements in locomotion.
- Figure AI aims to develop a movement policy that can be generalized to any environment, improve social acceptance of humanoid robots, and enable their application in various industries.
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