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- ABOUT
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(CHICAGO) The Aerospace Robotics Market is estimated to be valued at USD 2.9 billion in 2021 as per MarketsandMarketsTM's research report. It is projected to reach $4.9 billion by 2026. The global aerospace robotics market is expanding rapidly, and a similar trend is projected over the forecast period. Increased worldwide aircraft demand and manufacturing, increased use of robots for efficient aircraft production processes, increased use of robotics to handle aircraft order backlog, and rising manual labor costs are all driving the growth of the aerospace robotics industry.
Different types of robots are used in aerospace production for various purposes such as drilling, fastening, painting, and coating. These activities necessitate the employment of various robots, and in certain cases, the collaboration of many robots to complete tasks such as fuselage construction, aircraft inspection, and health monitoring systems.
(US) Radium, a startup that aims to use artificial intelligence and machine learning to extract more computing power from cloud hardware, announced today that it is exiting stealth mode and deploying its solutions to Cyxtera cloud datacenters in Toronto, the New York and New Jersey metro area, and Silicon Valley.
The core product, Launchpad, allows users to start and stop projects on bare metal workstations, removing the need for hypervisors and virtualization tools. Radium provided benchmark testing on machine learning workloads that demonstrated speed gains ranging from 30% to 140%.
(US) PyTorch Live, a suite of tools meant to make it simple to generate on-device mobile ML demos "in minutes," has been introduced by Meta. PyTorch Live, which was introduced at PyTorch Developer Day, allows anybody to create mobile ML demo apps using JavaScript, the world's most popular programming language. While no on-device AI demos are presently available, Meta claims such capability is on the way. Developers may begin creating bespoke machine learning models to share with the PyTorch community. PyTorch was first made public by Meta in January 2017, while the firm was still known as Facebook. The open-source machine learning library soon became a favorite among developers and data scientists.
(US) Researchers at Massachusetts General Hospital (MGH) discovered that MRI and artificial intelligence (AI) may be used to identify early symptoms of tumor cell death in response to a novel virus-based cancer treatment.
A novel therapeutic virus has shown potential in selectively destroying cancer cells while sparing normal tissue, giving researchers hope for treating aggressive brain tumors. To enhance virus-based therapy, non-invasive monitoring of treatment response must be undertaken on a regular basis. Monitoring is necessary to comprehend the connections between the virus and cancer cells.
(UK) Monsters Aliens Robots Zombies (MARZ), a technology and visual effects business, has secured $5.3 million in Series A investment. Round13 Capital led the investment, with Rhino Ventures and Harlo Equity Partners also participating. MARZ intends to use the funds to expand its main VFX business as well as expedite the development of its 'AI for VFX' technology solutions.
The Toronto-based studio launched in 2018 and is developing AI solutions to address some of the challenges that the entertainment industry is facing, such as VFX capacity shortages caused by streaming wars, the resulting explosion of on-demand content, and the importance of VFX in driving subscriber growth.