Day: March 16, 2024

AI speeding up oil extraction and boosting US crude output

Artificial intelligence (AI) is making significant waves in the oil industry, with offshore drillers like Nabors Industries Ltd experiencing transformative effects. Houston-based Corva LLC’s AI technology enables autonomous control of drilling rigs, boosting drilling speeds by at least 30% while streamlining operations. The implementation of AI has led to a notable decrease in the number […]

March 16, 2024

This self-driving startup is using generative AI to predict traffic

Autonomous driving technology has traditionally relied on machine learning for route planning and object detection. However, a new wave of companies and researchers are turning to generative AI to advance autonomy further. Wayve, a competitor of Waabi, introduced a model trained on video data collected by its vehicles last year, marking a significant development in […]

March 16, 2024

China is falling behind US in AI race, Chinese premier warned

Chinese researchers have warned Premier Li Qiang about China’s lag in artificial intelligence compared to the U.S., citing heavy dependence on American technology for AI training. Concerns include a lack of self-sufficiency in developing generative AI due to reliance on Meta’s Llama system for training services like ChatGPT. However, U.S. semiconductor export restrictions have hindered […]

March 16, 2024

Mercedes-Benz to Put AI in Its Assembly Line Robots

German car manufacturer Mercedes-Benz has announced a partnership with Austin-based AI developer Apptronik to introduce artificial intelligence to its factory robots. This collaboration marks Apptronik’s first commercial contract to deploy its Apollo humanoid robots in real-world settings, particularly in the automotive industry. Apollo, standing at nearly six feet tall, weighing 160 lbs, and capable of […]