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Showing posts with the label artifical intelligence

IIT Hyderabad researcher develops AI-powered low-cost Covid-19 testing kit

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A researcher at the Indian Institute of Technology Hyderabad has developed an Artificial Intelligence-powered COVID-19 test, which can be performed at an affordable cost. The  test  kit can produce results in around 20 minutes for symptomatic and asymptomatic patients. The  test  kit has already been field-tested at ESIC Medical College and Hospital in Hyderabad to ascertain its efficiency. It can be transported quickly, enabling the  test  to be conducted at the point-of-care. A major benefit of this testing kit is that it does not require RT-PCR (Reverse Transcription Polymerase Chain Reaction). Each test costs around Rs. 600 device now. However, mass production of the testing kit will help reduce the cost to around Rs. 350 per test. Read Complete Article

Fifa World Cup 2018: Goldman's AI forecast predicts sixth win for Brazil

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So much for the unpredictable nature of the beautiful game. Goldman Sachs Group Inc reckons Brazil will win its sixth World Cup , basing its forecast on data mining, machine learning and econometrics. The investment bank is the latest to jump into the excitement before the soccer championship kicks off this week. It used 200,000 statistical models, sifted data on individual players and recent team performance and ran 1 million simulations of the tournament. As a result, it predicts that Brazil will lift the trophy on July 15. We should note that Goldman also tipped Brazil in 2014 (forecasting a 3-1 win over Argentina in the final). But Brazil stumbled in the semi-final back then, losing by a whopping 7-1 to eventual champions Germany. ALSO READ: In pics: Here's how Indians are gearing up for Fifa World Cup 2018 Here’s the Goldman explanation in more detail: “ We feed data on team characteristics, individual players and recent team performance into four diffe...