The world of artificial intelligence (AI) is expanding at a phenomenal rate. However, with all the good it brings us there’s also disadvantages too.
Famous scientists including Stephen Hawking and technological entrepreneurs such as Elon Musk and Bill Gates have already warned us that AI could be dangerous. Thankfully as of yet no imminent threats are in sight.
The following is a list of five Asian up and coming AI that are aiming to make a difference in the near future:
1. Admov
Phillippine entrepreneurs Bobby Christuta and Princess Capiral recently launched their company AdMov as a way of helping all of those Uber and Grab customers that are stuck waiting in traffic jams. The duo developed their platform in order to enable advertisers to reach Uber and Grab passengers through tablets mounted on the headrests of these particular vehicles . The specially designed software uses AI and face recognition to provide riders with advertisements more personal to them based on their age and gender.
2. VisSenze
Image recognition allows companies to increase their sales by reaching more people. ViSenze was created out of a need to provide companies with intelligent image recognition solutions. Companies already onboard with the software include retailers Rakuten and ASOS. They both use it to convert images into immediate product-search opportunities which improves conversion rates. So far the company has raised $14 million in funding from various investors including Phillip Private Equity, WI Harper, Rakuten, and Raffle Venture Partners.
3. Niram.ai
This software brings hope to breast cancer patients through the use of machine intelligence. It’s a low cost, portable, zero radiation, non-touch solution which could potentially save the lives of millions. Niram.ai analyses thermal images using a high-resolution thermal sensing device alongside analytics. It’s SaaS solution incorporates AI, machine learning, and big data analytics to provide an effective and accurate way to screen for breast cancer. Earlier this year the company received funding of an undisclosed amount from Bangalore-based pi Ventures. Other contributors include Axilor Ventures, Flipkart founder, Binny Bansal, and VC firm Ankur Capital.
4. Zenatix
This company provides a solution to all the electricity that’s wasted in India commercially. It’s developed a new hardware called WattMann that uses machine learning to bring more energy-efficient solutions to commercial consumers. The company uses advanced machine learning based models to analyse more than 30 million unseen data points each month from electrical assets. This then allows for the automated and intelligent controls to be introduced in which to heighten consumer experience in both retail and banking. In February this year the startup received $1.2 million in funding in a round led by pi Ventures.
5. MatVerse
This Bangalore startup Has developed a platform that allows consumers to both build and train customised machine learning (ML) models within a short space of time. No writing of code is needed. It’s a simple tool that’s been designed for companies on a low budget for AI but want to experience the benefits of it. Users can easily create and train and model using a simple step-by-step interface. This model can then be implemented into their own programme in just a few simple application programming interface (API) calls.
Orginal source E27
