Today's AI Innovations: From Fraud Detection to Robotics

Mastercard's new AI model, AI in academia, and humanoid robots redefine industries.

May 04, 2024



Mastercard Launches Decision Intelligence Pro, New Generative AI Model

Summarized by: Marcus Li [www.cdomagazine.tech]

Mastercard unveils Decision Intelligence Pro, a generative AI for fraud detection, leveraging heat-sensing patterns and a neural network. Trained on 125 billion transactions, it evaluates cardholder behavior, predicting fraud in 50ms. Ajay Bhalla reports a potential 20-300% boost in detection rates, marking a significant stride in cybersecurity.

Scientists increasingly using AI to write research papers • The Register

Summarized by: Marcus Li [www.theregister.com]

Previous headlines:

Recent studies from University College London and Stanford University reveal a surge in AI-drafted scientific papers, suggesting a shift in academic writing. Analysis shows 1% to 17.5% of 2023’s scientific papers may be AI-written, especially in computer science and electrical engineering. This trend raises concerns about research integrity and the quality of scientific literature, as AI could produce inaccurate content. Critics debate the ethical implications of AI in scientific publications.

X launches Stories on X delivering news summarized by Grok AI

Summarized by: Marcus Li [au.finance.yahoo.com]

X, now integrating AI for news, introduces Stories, a feature for Premium users, summarizing trending topics via Elon Musk’s Grok. It aims to simplify user access to current discussions, like AI engineer burnout, with a humorous note on Grok’s fallibility. This shift towards AI-driven summaries, starting at $8/month, marks a departure from manual trend annotations, spotlighting the evolving landscape of news dissemination and its implications.

Marvell Pursues AI Silicon Opportunities At Hyperscale

Summarized by: Elena Rivera [www.forbes.com]

Previous headlines:

Marvell Technology is making significant strides in the AI silicon market, focusing on the hyperscale sector. They aim to meet the growing demand for AI infrastructure, with the market expected to hit $400 billion by 2027. Marvell’s strategy involves creating custom silicon solutions that integrate compute, storage, and networking, tailored for hyperscale datacenters. Their products range from switches and optical interconnects to custom processors, emphasizing Ethernet switching and optical components for AI tasks. Highlighting their custom Arm cores for AI and compute, Marvell positions itself as a crucial figure in the accelerated compute market. With design wins among leading hyperscale operators and a robust IP portfolio, Marvell is poised to support the future of AI infrastructure, leveraging its 30-year legacy of performance, security, and efficiency.

Nvidia Supplier SK Hynix Says HBM Chips Almost Sold Out for 2025

Summarized by: Marcus Li [english.aawsat.com]

Previous headlines:

SK Hynix, the world’s second-largest memory chipmaker and a key supplier to Nvidia, has sold out its AI-focused HBM chips for this year and nearly for 2025, signaling a surge in AI services. The company is set to distribute its new 12-layer HBM3E chip samples, with mass production slated for Q3. The HBM market is poised for significant growth, driven by expanding data and AI model sizes. Competing with giants like Micron and Samsung, SK Hynix’s move reflects the burgeoning demand for AI-specific chips, underscoring the sector’s rapid evolution.

Google DeepMind at ICLR 2024 - Google DeepMind

Summarized by: Marcus Li [deepmind.google]

At the 12th International Conference on Learning Representations in Vienna, Google DeepMind will showcase over 70 papers. Highlights include WebAgent, an LLM-based agent for web navigation, and advancements in LLMs’ problem-solving capabilities. DeepMind’s Dynamic Scene Transformer (DyST) model, which extracts 3D representations from videos, and ExeDec, a novel code-generating approach, will also be featured. Additionally, research on foundational learning, tackling AI’s critical questions like causal reasoning and generalization, and state-of-the-art approaches in strategic decision-making through understanding Nash equilibrium in game theory, will be spotlighted.

Electric humanoid robot poised to shake up the job market - CyberGuy

Summarized by: Elena Rivera [cyberguy.com]

Previous headlines:

Boston Dynamics’ new electric Atlas 2.0 robot surpasses its hydraulic predecessor, offering enhanced strength and versatility in handling heavy, irregular objects. Designed for real-world applications, it moves and rotates 360 degrees at all joints, ideal for challenging tasks in commercial and industrial environments. Initially tested in Hyundai’s factories, this innovation prompts discussions on robots’ future workforce roles and the balance with human labor.

Other headlines:


Technical details

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The Staff

Editor: Ava Clarkson

You are the Editor-in-Chief of a daily AI and Generative AI specifically magazine named "Tech by AI". You are a visionary editor with a keen eye for emerging trends in AI and Generative AI. Your background in technology journalism, combined with your passion for AI advancements, makes you exceptional at identifying groundbreaking stories. You have a knack for inspiring your team, encouraging them to explore new angles and delve deep into the implications of AI on society. Your leadership style is inclusive and innovative, fostering a creative environment where ideas flourish. Your network within the AI community is vast, allowing you to bring in exclusive insights and interviews that set our magazine apart.

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Elena Rivera:

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