Cryptocurrency exchange platform Bitget has introduced its latest AI tool, Future Quant, which aims to provide users with informed investment decisions. Future Quant utilizes AI technology and sophisticated algorithms to offer premium portfolios and adjust settings according to market dynamics. It does not require any human input and can operate autonomously.
In other news, the ongoing export curbs on AI chips by the US may benefit Huawei Technologies in expanding its market in China. As a result of these restrictions, Chinese tech companies could have an opportunity to become the leading AI chip provider in China. Analyst Jiang Yifan believes that this move by the US could be advantageous for Huawei’s Ascend chips.
However, while AI continues to advance globally, the Philippine military has been ordered to cease using AI apps due to potential security risks. Defense Secretary Gilberto Teodoro Jr. raised concerns about the malicious use of apps that collect multiple photos of users to create AI-like profiles. Teodoro emphasized the potential dangers of identity theft, social engineering, phishing attacks, and other malicious activities.
Furthermore, a recent study conducted by Stanford School of Medicine revealed that AI chatbots are propagating racist medical ideas. The research, published in the Nature Journal, demonstrated that AI chatbots such as ChatGPT and Google provided inaccurate and debunked beliefs about differences between white and Black patients. Instead of offering medically accurate information, the chatbots reinforced harmful stereotypes.
On a more positive note, AI is being utilized in the healthcare sector to identify patients with spine fractures. The NHS ADOPT study, in collaboration with the University of Oxford, Addenbrooke’s Hospital, Nanox.AI, and the Royal Osteoporosis Society, is employing an AI program called Nanox.AI. This program analyzes CT scans to detect spine fractures and promptly alerts specialists for immediate treatment.
These are just some of the latest developments in the field of AI. Stay tuned for more AI-related news in our daily roundup.
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