Emerging Technology Industry News Headlines Update on August 29, 2020

Huawei collaborates with GENTLE MONSTER to launch 4 series 13 styles in the total second generation of Eyewear II smart glasses with titanium alloy elastic hinges. The price of the gadget will start at $360.

Huawei Eyewear II smart glasses
Huawei Eyewear II smart glasses

Google Maps Version 5.51 Update released in the App Store for iPhone and CarPlay, bring the bug fixes and Apple Carplay Dashboard view which can switch or pause songs from media app, rewind or fast forward podcasts or audiobooks, or quickly check calendar appointments without ever leaving turn-by-turn navigation in Google Maps.

Global machine learning market is expected to grow with a healthy CAGR over the forecast period from 2020-2026, according to “Machine Learning Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026” report released by Reportlinker
Report Findings:

  • Drivers #1: The increasing adoption of cloud-based services, upsurge in unstructured data leads to the growing demand for machine learning solutions
  • Drivers #2: Growing need to improve computing power and decline hardware cost owing to machine learning algorithms capability to run or execute faster
  • Restraints: Absence of technical expertise is anticipated to restrain the machine-learning market
  • Opportunities: The increasing rate of adoption for iot and automation systems in industries is projected to drive the growth

Quantifying Quantum Computing’s Value In Financial Services to reduced false positives in fraud detection. The U.S. Department of Energy will spend $625 million over the next five years to develop research centers devoted to artificial intelligence (AI) and quantum computing, another $340 million will come from the private sector and academia. Read more at U.S. Department of Energy > White House Office of Technology Policy, National Science Foundation and Department of Energy Announce Over $1 Billion in Awards for Artificial Intelligence and Quantum Information Science Research Institutes

Apple plans to introduce Augmented Reality (AR) content for TV+ streaming video service in 2021 before the launch of Apple headset intended to deliver both virtual reality (VR) and AR content, according to a report published by Bloomberg.

Apple acquires VR startup, SPACES, gain more technology for augmented reality (AR) platform. Spaces specialized in VR location-based entertainment attractions.

Stroke detection platform developed by Viz.ai uses AI and deep learning to detect the source of strokes in seconds. The tools offered by Viz.ai may make the difference between swift recovery and permanent physical damage in people who suffer strokes.

Scientists propose deep learning method for atmospheric aerosol retrieval. A research team led by Prof. LI Zhengqiang from the Aerospace Information Research Institute (AIR) of the Chinese Academy of Sciences (CAS) and their cooperators proposed an artificial neural network method for aerosol retrieval (NNAero) to jointly retrieve FMF and AOD derived from Moderate Resolution Imaging Spectroradiometer (MODIS) data. The research was published in Remote Sensing of Environment: Xingfeng Chen et al. Joint retrieval of the aerosol fine mode fraction and optical depth using MODIS spectral reflectance over northern and eastern China: Artificial neural network method, Remote Sensing of Environment (2020). DOI: 10.1016/j.rse.2020.112006

East Meets West to Showcase Excellence at Yokogawa Digital Transformation (DX) Symposium. Y Now 2020, a live online digital transformation (DX) focused symposium to showcase digital transformation solutions for the embattled energy and chemical industries. Over November 10-12, 2020, participants will come to better understand the value that digitalization at scale offers and, how to capture it in a sustainable and agile way. Visit Y Now 2020 for further information and registration (FREE).

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