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Artificial intelligence will help pick Nobel Prize for Physics winners

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WE HOPE YOU ENJOYED OUR APRIL FOOL JOKE FOR 2024. KEN HEARTLY-WRIGHT WILL BE BACK AGAIN NEXT YEAR.
Artificial intelligence (AI) will be used by the Royal Swedish Academy of Sciences to help choose the 2024 winners of the Nobel Prize for Physics. According to the academy, AI will help it avoid biases that are inherent in selection processes involving human judges.
“There are currently 224 Nobel laureates, but only five are women,” says Anni-Frid Lyngstad, who is a fusion physicist and chair of the Nobel Committee for Physics 2024. “We have worked with computer scientists at Lund University to develop an AI system that can evaluate nominations in a way that eliminates much of the gender and other biases that can creep into the selection process.” She adds, “the winner takes it all, so we have to be certain that the selection process is free and fair”.
Quality nominations from AI
Lyngstad adds that the academy was inspired to use AI after reading last year’s nominations. “We noticed that some of the best nominations began with, ‘Certainly, here is a possible nomination for your prize’ and we realized that AI was very good at identifying the very best in physics”.
The AI system was developed in collaboration with Mats Sundin and colleagues at Lund University. The computer scientists trained their technology using publicly available information about nominations for the prize that were made more than 50 years ago.
“We found that our large language model picked nominees that were controversially overlooked for prizes,” says Sundin. For example, it suggested that Chien-Shiung Wu should have shared the 1957 Nobel Prize for Physics for her discovery of parity violation. It also suggested that Satyendra Nath Bose should have won the 1934 prize for his pioneering work on Bose–Einstein condensation.
Unusual picks
However, Sundin did concede that their system put out the occasional nonsensical winner. “It said that Pippi Longstocking should have won the 1953 prize for her work on super-strong materials, but we are confident that we have fixed that problem.”
Not everyone is convinced though. Agnetha Fältskog of the University of Borås points out that artificial intelligence is notorious for reinforcing biases in its training data. The mathematician adds, “The system was trained using nominations that were mostly made by white men, so I am very concerned and disappointed that the academy has chosen to use it.”
The 2024 selection process began earlier this year when AI was used to analyse the hundreds of nominations that were received by the 31 January deadline. It first created a shortlist of 20 potential laureates for further consideration. The large language model is now being used to write detailed reports about the shortlisted nominees. These reports will then be used by the committee to make its final decision, which will be announced on the first Tuesday of October.
Lyngstad is adamant that the final decision will be made by committee of human experts and not by a computer. “Certainly, here is a guarantee that AI will not pick the winners,” she told Physics World.
Source: physicsworld.com
The post Artificial intelligence will help pick Nobel Prize for Physics winners appeared first on HIPTHER Alerts.

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Eddid ONE and Eddid ONE USA Expand Global Coverage

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Eddid Financial (“the Group”) announces that its intelligent trading application Eddid ONE and the premier US stock trading application Eddid ONE USA* have expanded their global coverage to 22 countries and regions. The apps are now officially launched on Google Play and App Store in respective markets, providing clients with advanced and convenient proprietary intelligent services.
The apps are now available in 22 key global markets across six continents, including Hong Kong, the United States, the United Kingdom, Australia, Taiwan and Japan. Going forward, expansion plans are in place to reach additional emerging markets as the Group continues building out its global network.
Eddid ONE and Eddid ONE USA* have long been favored by the market for their clean interface and versatile functions. Specifically, Eddid ONE includes AI assistants in addition to real-time market data, proprietary trading strategies, research reports etc., but also come with AI assistants. Utilizing big data and AI technologies, the assistants provide personalized intelligent services, including predicting market trends and target stock prices to cater to diverse investor needs.
Clients can now keep abreast of the latest global market developments anytime, anywhere by using Eddid ONE and Eddid ONE USA*. This allows them to enjoy the Group’s one-stop proprietary intelligent trading services no matter where they are. Going forward, Eddid Financial will continue leveraging its leadership in fintech innovation to further enhance Eddid ONE and Eddid ONE USA*, with the commitment to deliver an even more comprehensive, efficient and secure financial services experience.
* *Always consider the risks when investing.
The post Eddid ONE and Eddid ONE USA Expand Global Coverage appeared first on HIPTHER Alerts.

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Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards

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Gcore, the global edge AI, cloud, network, and security solutions provider, today announced its recognition as ‘Highly Commended’ in the Industry Innovation category at the NVIDIA Partner Network Awards EMEA 2024 for its groundbreaking Speech-to-Text Translator.
The NVIDIA Partner Network Awards celebrate the exceptional contributions of partners exhibiting outstanding efforts, unwavering commitment, and innovative spirit in accelerated computing and AI. The Industry Innovation Award recognises partners who have spearheaded transformation within a specific industry or field.
Gcore used artificial intelligence to launch the first advanced machine learning model for speech-to-text translation from English to Luxembourgish. The model can be used to translate entire recordings for various mediums, including theatre, film, or music, from English into Luxembourgish text – for example, in the form of film subtitles.
Gcore is currently working on enabling real-time translations for use during conferences and events. The company’s future plans also include adding other commonly used languages in Luxembourg, such as French and German, to the translation tool, making speech-to-text translation a key mode of cross-language communication.Speech-to-Text Translator is part of Gcore’s state-of-the-art edge AI solutions, which also include GPU Cloud for AI training and Inference at the Edge for AI inference, all powered by NVIDIA GPUs.
Commenting on the award, Andre Reitenbach, CEO of Gcore, said: “We are delighted to receive this recognition from the NVIDIA Partner Network. Aware of the growing demand from the Luxembourgish public, expats, and local businesses for translation from English to Luxembourgish, Gcore is committed to making communication seamless and efficient. Our groundbreaking AI app for speech recognition sets a new standard, demonstrating our leadership in edge AI services. We are honoured to be acknowledged by the NVIDIA Partner Network for our innovative contribution to the AI landscape.”
“AI fosters communication and connection through its ability to translate across languages,” said Dirk Barfuss, Director of EMEA Channel at NVIDIA. “Gcore is recognized as 2024 EMEA NPN Highly Commended in the Industry Innovator category for its achievements in creating the first advanced speech-to-text translation from English to Luxembourgish, powered by NVIDIA GPUs.”
Gcore’s model was built on Whisper Small – the downsized version of the open-source Whisper model, containing 244 million weights. To meet this substantial demand for computing resources, Gcore used a high-end solution powered by the NVIDIA A100 Tensor Core GPU.
The post Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards appeared first on HIPTHER Alerts.

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CCI Initiates Study on AI’s Influence on Competition, Efficiency, and Innovation

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The Competition Commission of India (CCI) is gearing up to conduct a comprehensive study on the impact of Artificial Intelligence (AI) on competition, efficiency, and innovation.
This initiative comes in response to the growing significance of AI across various sectors. With the aim of fostering innovation and fair competition, the CCI has announced plans to delve into the evolving landscape of AI and its application in Indian markets.
In a recent announcement, the CCI issued a request for proposal to engage an agency to conduct this market study. The study aims to provide insights into the emerging competition dynamics within AI ecosystems, along with assessing the implications of AI applications for competition, efficiency, and innovation across key user industries.
Key focus areas of the study include understanding the AI ecosystem, analyzing its applications in different industries, evaluating its impact on competition within sectors, and examining the regulatory frameworks governing AI development in India and other major jurisdictions.
Additionally, the study will explore strategies for fostering a competitive environment that encourages both incumbent AI developers and new innovators. It will also address measures for creating awareness among stakeholders regarding AI usage and its implications on competition, alongside ensuring compliance with necessary standards.
To facilitate this study, the selected agency will be tasked with collating existing research and data, as well as engaging with relevant stakeholders. The deadline for submission of bids is June 3, with the opening of financial bids scheduled for June 26.
This initiative underscores India’s commitment to understanding and harnessing the potential of AI while ensuring fair competition and promoting innovation. It aligns with the CCI’s broader efforts to address emerging challenges in the digital economy and safeguard competition in the market.
By conducting this study, the CCI aims to equip itself with valuable insights that will inform future regulatory decisions and strategies related to AI development and its impact on competition dynamics in India.
Source: business-standard.com
The post CCI Initiates Study on AI’s Influence on Competition, Efficiency, and Innovation appeared first on HIPTHER Alerts.

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