Results for: AI Innovation

Mondelez International is using AI to speed up recipe development and improve flavor profiles, resulting in a four to five times increase in the speed of product testing and production trials. The AI tool, developed with Fourkind, considers various factors like taste, cost, and environmental impact. While initial challenges included unusual suggestions, human oversight ensures brand identity is maintained. This AI innovation contributes to Mondelez’s successful product development and overall financial growth.

Artificial intelligence (AI) is poised to transform Vietnam’s tourism sector, enhancing both operational efficiency and customer experiences. This technology is already making a significant impact, but challenges remain, particularly in workforce development. By embracing AI, Vietnam can establish itself as a leading player in the global tourism market.

Autoscope Technologies Corporation (AATC) reported robust second-quarter 2024 financial results, highlighting steady revenue growth and increased profitability. The company’s performance was fueled by robust product sales, particularly its Wrong Way detection system, and consistent royalty streams from its Autoscope Vision product. This success is attributed to favorable market conditions and a strategic focus on cost management. AATC’s commitment to innovation, especially in AI-driven detection platforms, positions the company for continued growth and aligns with global transportation safety initiatives like Vision Zero.

SuperAI, the centerpiece event of Singapore AI Week, made its global debut on June 5-6 at Marina Bay Sands, marking Asia’s largest AI gathering of the year. The event brought together international industry leaders in AI, offering unparalleled networking opportunities and showcasing the next generation of AI technologies through workshops, meetups, hackathons, and industry gatherings held daily across the city. SuperAI also announced the launch of Genesis, a premier AI startup competition that received over 700 applications. Genesis featured 10 shortlisted contenders who vied to impress attendees and a panel of esteemed venture capitalists. Powered by Amazon Web Services, Genesis showcased groundbreaking AI innovations.

The AI Summit Singapore, scheduled for May 29-31, 2024, at The Singapore EXPO, will bring together industry leaders to discuss the latest advancements and applications of Artificial Intelligence (AI). The event, part of the AI Summit Series, aims to establish Singapore as a leading hub for AI innovation and foster collaboration within businesses, academia, and the workforce.

As we approach Phocuswright Europe in Barcelona from June 10-12, industry leaders offer their perspectives on AI’s current impact on travel experiences and its future trajectory. While some believe AI is already transforming the way we travel, others argue that its impact has been primarily limited to the booking experience. Regardless, experts agree that AI holds immense potential to enhance travel personalization, discovery, planning, and overall experience. However, challenges such as data quality, lack of innovation, and technical limitations need to be addressed before we can fully harness AI’s capabilities in the travel industry.

Amii (Alberta Machine Intelligence Institute) is excited to welcome the international AI community to Upper Bound, taking place in Edmonton, Alberta, Canada from May 21st to 24th. This multi-day event is designed to foster education, discourse, deliberation, and cooperation in the field of AI.