Mit news and trends

AI Translator Could Be ROI Boon
artificial intelligence // December 19, 2024

MIT researchers have created a way to turn baffling AI decisions into plain English, using an innovative system that acts like a translator between machines and humans. EXPLINGO pairs artificial intelligence (AI) language models with a built-in fact-checker to turn complex machine-learning explanations into clear...

Robots Get Nimble New AI Brain for Tricky Warehouse Work
artificial intelligence // December 18, 2024

MIT researchers have developed an artificial intelligence system that could enable warehouse robots to deftly handle odd-shaped packages and navigate crowded spaces without endangering human workers. The breakthrough comes as retailers and logistics companies face mounting pressure to automate their operations amid surging eCommerce demand....

Experts Say AI’s Rapid Rise Masks Deep Flaws
artificial intelligence // November 11, 2024

Artificial intelligence (AI) chatbots that dazzle millions with eloquent poetry and computer code are operating with fundamental gaps in their grasp of how the world works, according to new research from MIT. The findings raise urgent questions for businesses racing to integrate large language models...

Tiny Neural Networks Could Slash Computing Costs for Business AI
artificial intelligence // October 30, 2024

A startup has built artificial intelligence systems that can reportedly match current capabilities while using fewer neurons, potentially slashing the massive computing costs that have kept many businesses from deploying AI. The “liquid neural networks” developed by MIT spinoff Liquid AI require only dozens of...

Interviews & Exclusives
Web3 Expands Creator Access, Improves Competition

March 16, 2022
For many years, Google, Meta, Amazon and other Big Tech companies have been the dominant players of Web 2.0, the traditional way we use the internet. However, Web3, or a new world wide web based on blockchain technology, may offer a lot of potential for increasing competition in digital platforms. Yet, it remains to be […]

Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

August 21, 2020
Digital dollars are a maybe – but if so, not for a while. And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use...

Quick Reads
Shutterstock Assists OpenAI in Training for AI Models

July 11, 2023
 Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With the new collaboration, OpenAI — creator of the artificial intelligence […]

Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns

October 06, 2022
As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats.  For example, between June and November 2021, the number of physical skimming...

Accenture, MIT Develop Stress Test For Supply Chain Resilience

October 26, 2020
To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain...

Bitcoin Daily: US Marshals To Hold Bitcoin Auction; Researchers Claim New ‘Spider’ Tech Can Route...

February 03, 2020
The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7 million at press time —...