Bitget, a cryptocurrency exchange platform, has announced the launch of its latest AI tool called Future Quant. This tool utilizes AI technology and advanced algorithms to provide users with informed investment decisions and premium portfolios. Future Quant does not require human input and can automatically adjust settings according to market dynamics.
In other news, amidst the ongoing curbs on the export of AI chips by the US, Huawei Technologies may benefit by expanding its market in China. With Nvidia currently dominating the market in China, the restrictions imposed by the US could potentially aid Chinese tech companies in becoming the leading AI chip providers.
However, while AI adoption continues to grow worldwide, the Philippine military has been ordered to stop using AI apps due to security risks. Defense Secretary Gilberto Teodoro Jr. expressed concerns about apps that require users to submit multiple photos, stating that they can be maliciously used for activities such as identity theft and phishing attacks.
Additionally, a recent study led by Stanford School of Medicine revealed that AI chatbots, such as ChatGPT and Google, are spreading racist medical ideas that have already been debunked. These chatbots, instead of providing medically accurate answers, responded with incorrect beliefs about differences between white and Black patients.
On a more positive note, the NHS ADOPT study in the UK has begun using AI to identify patients with spine fractures. The AI program, called Nanox.AI, analyzes computed tomography (CT) scans to detect spine fractures, enabling prompt treatment by specialist teams. This program is a collaboration between the University of Oxford, Addenbrooke’s Hospital, Nanox.AI, and the Royal Osteoporosis Society.
In today’s roundup of AI news, Bitget introduces its AI-powered tool Future Quant, restrictions on AI chips benefit Huawei in China, the Philippine military halts the use of AI apps due to security risks, AI chatbots propagate racist medical ideas, and AI is utilized to identify patients with spine fractures in the UK.
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