Beijing’s New Airport Features Cutting-Edge AI Facial Recognition Technology

Beijing’s New Airport Features Cutting-Edge AI Facial Recognition Technology

Designed to hold a maximum of 100 million passengers per year, the US$12 billion airport in Beijing is nothing short of extraordinary. In fact, it...
iProov UK-based Facial Biometric Company to Secure US border

iProov UK-based Facial Biometric Company to Secure US Border

iProov, a foremost provider of biometric facial verification technology, prides itself on becoming the first ever British and foreign firm to receive a contract...
UK Joins the AI Race by Unveiling a $1.4 Billion Drive

UK Joins the AI Race by Unveiling a $1.4 Billion Investment

The UK government, Japanese venture capital, European telecoms firms and US technology giants have recently invested 1 billion pounds or $1.4 billion into the...
Rising Crypto Regulation Expected to Change Israel’s Economy

Rising Crypto Regulation Expected to Change Israel’s Economy

Unlike its Western counterparts, Israel’s crypto economy still hasn't undergone regulation, but times are slowly changing. Since the Bank of Israel’s warnings in 2014 against...
McKinsey’s Study Reveals AI will add 1.2% to Annual GDP Growth Over Next Decade

McKinsey’s Study Reveals AI will add 1.2% to Annual GDP Growth Over Next Decade

A recent simulation from the McKinsey Global Institute revealed that artificial intelligence (AI) could add an extra 1.2% yearly gross domestic product growth for...
UK’s Facial Recognition Startup could be the Answer for Brexit’s Irish Border Issue

UK’s Facial Recognition Startup could be the Answer for Brexit’s Irish Border Issue

A facial recognition startup based in London held talks with the United Kingdom government regarding its usefulness in managing border crossings, especially between the...
Microsoft to Supply the US Military with AI and Cloud Technology

Microsoft to Supply the US Military with AI and Cloud Technology

According to a recent statement by the President of Microsoft Brad Smith, the company plans to continue working with the US military. Smith acknowledged the...
Bank of England’s Chief Economist Sounds Warning on AI Job Threats

Bank of England’s Chief Economist Sounds Warning on AI Job Threats

As artificial intelligence continues its journey to become mainstream by penetrating various industries, concerns have emerged on the security of the current jobs. Andy Haldane,...
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