Day: February 9, 2024

AI cannot be used to deny health care coverage, feds clarify to insurers

CMS decreed that health insurance companies can’t use AI tools to determine Medical Advantage coverage decisions for Medicare Advantage plans. nH Predict, an AI solution developed by NaviHealth and embraced by the likes of UnitedHealth and Humana, is accused of generating doomsday predictions about post-acute care that don’t quite align with medical reality. The CMS […]

Grammarly lays off 230 employees as part of a ‘business restructuring’

Grammarly, the safeguard of grammatical gaffes, is making bold moves by trimming its workforce globally. Positioned as a pivot towards the AI-driven future workplace, Grammarly hopes to position itself strategically amidst industry flux and global quakes. CEO Roy-Chowdhury claimed the layoffs are a skillset shuffle, not a penny-pinching parade, reassuring a financially fit stance.

As more governments look at AI rules, Accenture tests software to help companies comply

In a world where the inner workings of AI models often resemble a mysterious black box, EQTY lab emerges as a beacon of clarity and accountability. With their innovative software, they aim to revolutionize the world of generative AI models by providing a solution that ensures transparency and integrity from inception to implementation.   The […]

Disney unveils AI-powered ad tool for tailored streaming commercials

Disney has unveiled, “Disney’s Magic Words,” an AI-powered tool set to revolutionize advertising on Disney+ and Hulu. This technology harnesses the power of AI and machine learning to analyze scenes across Disney’s vast content library. By tagging scenes with metadata encompassing content details, brands, imagery, and mood, the tool enables advertisers to craft targeted ads […]

Nvidia to design tailor-made AI chips for cloud computing firms

Sources whisper that Nvidia is sprouting a bespoke chip-making division aimed to cater to cloud computing mavericks and beyond, in a bid to ward off approaching challengers. Currently commanding an 80% market share of the high-end AI chip market, Nvidia’s coffers have swelled by a staggering 40% this year to $1.73 trillion, following a meteoric […]

Supermarkets are using AI to predict sales

In rural Germany, a supermarket reduced produce waste by nearly 30% by embracing AI. Freshflow, a startup behind the tech, aids retailers in predicting customer demands for fresh goods with impressive accuracy. These advancements are vital as the EU grapples with over 60 million tonnes of food waste yearly.   A UK-based firm, BlakBear, is […]

Sertraline only works for 1 in 3 depression patients, AI study finds

In a groundbreaking study published in the American Journal of Psychiatry, an AI analysis revealed that the widely used antidepressant sertraline may only be effective for one-third of patients. By leveraging machine learning, researchers accurately predicted early responses to the drug, potentially revolutionizing depression treatment.   The study, conducted on 229 patients with major depression, […]

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