AI Technology & Industry Review
Thanks to the rapid development of artificial intelligence (AI) techniques and Internet of things (IoT) devices, many additional functions have been added to make the parent-pet connection stronger.
Research institution Strategy Analytics predicts that the smart home market will resume in 2021 and consumer spending will increase to USD 62 billion.
Thanks to AI technologies such as image recognition and machine learning, people can now save time, food and money in the kitchen while discovering creative and tasty recipes and even generating their own new and personalized flavours.
Advancements in machine learning in recent years have enabled a number of novel offerings in the pet retail market, pushing smart pet products sales to US$565 million in 2018.
Synced Global AI Weekly January 12th
In a new paper, researchers from the University of Texas at San Antonio (UTSA) design and implement attacks that leverage characteristics of the light emitted by modern smart bulbs to “steal” users’ private data and preferences from other nearby devices.
The global cosmetic products market is expected to climb to US$863 billion in 2024 — an impressive CAGR of above 7 percent.
Many cat owners have awoken to the sound of frenzied scrambling across the floor as their furry feline friend chases the mouse it snuck into the house in the middle of the night. Or looked up to find their pet staring down with those adorable big round eyes at the dead little fledgling it has deposited beside your pillow as a “present.“
By 2050 almost one-in-four humans will be aged 60 years and older, double today’s share. Moreover, the number of people aged 80 years and older will quadruple. This demographic shift is opening new vistas for AI technologies in elders’ daily healthcare management, and as a useful tool for healthcare professionals and institutions treating seniors.
The success of artificial intelligence is built on large corpuses of centralized data collection, but rising concerns over user privacy and data misuse have left many people wary of fully embracing AI on their mobile devices. Google wants to change that.
ccording to a Fuji Research Laboratory report, the Japanese smart home market is expected to top JP¥4.2 trillion (US$38 billion) in 2025, up 36.3 percent from 2017. The market is being driven by smart devices including smartphones, which already account for more than half the market and are continuing to grow due their ability to conveniently connect IoT devices.
According to a CIRP study, Amazon Alexa has a commanding 70 percent market share in the US, with rival Google Assistant taking 24 percent. A Market Research Future study predicts the voice assistant market will reach US$7.8 billion by 2023, a compound annual growth rate of almost 40 percent.
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Chinese IoT startup Tuya Smart has completed its Series C funding with nearly US$200 million, led by Future Fund, NEA, China Broadband Capital, Quadrille Capital and C.M.Capital. The company will apply the funds to its AI+IoT, Smart City, Smart Business and Smart Home technologies.
Compared to other tech giants, Samsung is a relative late-bloomer in AI. But recent moves in acquisitions and R&D signal the company is jumping onto the intelligence wave, and doing so with a strong focus on virtual voice assistants.
How can we communicate with “super intelligent” robots? The answer lies in conversational systems.