5 Recent AI Developments You Should Know About: Wildfire Detection, Hallucination-Free AI, and More
The progress in artificial intelligence (AI) is advancing quickly. In California, firefighters successfully utilized AI to detect and extinguish wildfires. Additionally, LongShot AI introduced a system that guarantees fact-checked text without any AI hallucination. Explore these and other AI updates in our current AI roundup.
1. California firefighters use artificial intelligence to spot wildfires
Firefighters in California have used an artificial intelligence program called ALERTCalifornia AI to detect wildfires. According to a Reuters report, the artificial intelligence program feeds video from more than 1,000 cameras across the state and alerts firefighters when they take action in the event of wildfires. This program has already assisted first responders when it spotted a fire in the Cleveland National Forest and alerted the fire marshal, who called in seven engines, two bulldozers, two water tankers and two hand crews. The fire was extinguished in 45 minutes.
2. Investors are too confident in artificial intelligence, warns strategist
With the artificial intelligence industry now booming, investors are becoming overconfident in their ability to predict its long-term impact, Mike Coop, chief investment officer at Morningstar Investment Management, told CNBC on Friday. Morningstar drew parallels with the 1999 dotcom bubble. According to the report, Nvidia shares are up 190 percent, while Meta shares are up 154 percent over the year. “And we’ve had a dawning awareness of how things have accelerated in terms of generative AI. It’s captured the public’s imagination and we’ve seen this incredible rise,” Coop said.
3. The AR technology provider develops an artificial intelligence-based data collection system
Augmented technology provider WiMi Hologram Cloud announced on Friday that it is developing a data collection system based on an artificial intelligence modeling algorithm. According to the publication, it is a comprehensive AI model that can collect and integrate data in different ways. It combines artificial intelligence, data modeling, algorithms and data collection. The company states that its system can offer companies “smarter and more convenient information services as a prerequisite for guaranteeing information security, privacy and confidentiality”.
4. LongShot AI starts a system to check facts for AI text
LongShot AI announced the launch of an end-to-end system to ensure fact-checked and hallucination-free text generation. According to the release, “It leverages advanced AI technology to streamline the content creation process, making it easier than ever to produce blogs, articles, marketing materials and more.” The system is designed to work with sensitive content and ensure factually verified content without artificial intelligence hallucinations.
5. Shaktimaan.ai raises $2 million in first round of funding
Shaktimaan.ai, an AI-powered education platform, has raised $2 million in its first round of funding, according to a report by Financial Express. The company announced that a significant portion of the funding will be used to develop a large language model (LLM) for educational applications. Vimal Singh Rathore, CEO of Shaktimaan and Qoohoo said, “Shaktimaan is our answer to the challenges of affordability and access to excellent education in India. The opportunity to make a real difference keeps our entire team motivated and inspired.”