We strive to keep our readers informed not only about developments in the Bitcoin industry, but also to discuss what is happening in the related technology space – cybersecurity, and now the world of artificial intelligence (AI).

ForkLog has collected the most important news from the AI community over the past week.

  • The U.S. Treasury Department has blacklisted eight Chinese artificial intelligence companies.
  • MTS AI will acquire VisionLabs, the developer of the face recognition system, for 7 billion rubles.
  • Russian researchers have developed a device that allows you to control computer programs with the power of your mind.
  • OpenAI allows users to make changes to the GPT-3 language model.
  • Apple released iOS 15.2 update with nude photo recognition to protect teens.
  • Honda is using connected artificial intelligence vehicles to assess the quality of road markings.
  • Meta teaches AI to bring children’s drawings to life.
  • The most important AI deal of the last week.

U.S. Imposes Sanctions on Chinese Artificial Intelligence Companies

The U.S. Treasury Department placed eight Chinese technology companies on an economic blacklist by blocking the sale of stock to U.S. investors. The companies are suspected of spying on Uighur Muslims in Xinjiang.

Developers of artificial intelligence algorithms and systems in cybersecurity, cloud technology and video tracking will be sanctioned. These include drone maker DJI, and AI startups in the biometrics field, CloudFocus and KuangShi Technology.

The listed developer has been placed on a sanctions list that prohibits U.S. companies and departments from doing business with it.

Shangtang Technology Suspends IPO Due to U.S. Sanctions

Chinese artificial intelligence startup Shangtang Technology suspended its initial public offering on the Hong Kong Stock Exchange after the company was placed on a U.S. economic blacklist that prevented it from selling its shares to Americans.

The company will postpone its initial public offering and will issue an additional revised prospectus and an updated timeline for the IPO. It will also repay all applications submitted by investors without any associated interest income.

Shangtang proposes to list 1.5 million shares to raise at least $767 million.

MTS AI to Acquire VisionLabs, a Developer of Face Recognition Systems

The subsidiary "MTS AI" Intema will acquire the developer of the face recognition system VisionLabs for 7 billion rubles.

The Russian operator will become the owner of a controlling stake in VisionLabs (51.77%) as well as in Sberbank (25.07%) and Sistema_VC (23.16%), the founders of JSFC Sistema venture capital fund.

Under the terms of the deal, the company will continue to operate autonomously and "retain its old business strategy and team". The chairman of the board will remain Alexander Khanin, who, together with co-founder Ivan Laptev, plans to convert his shares into an ownership interest in the MTS AI structure.

Alexander Khanin, General Manager of MTS AI, said that the acquisition will strengthen the company's portfolio in the direction of video analytics. He added that it can be used to unlock the potential of the MTS digital services ecosystem and is in the interest of corporate customers in the Russian and international markets.

Russia has developed a device that interacts with computers through the power of thought

Russian researchers have created a balalaika device that can use gestures and thoughts to control computer applications.

The device can help post-stroke rehabilitation patients regain motor and cognitive function. It could also come in handy in e-sports to improve player performance by reading players' mental intent.

According to the developers, the artificial intelligence integrated into the device provides intuitive and reliable interaction with the program.

OpenAI allows developers to customize GPT-3

The non-profit organization OpenAI allows customers to make changes to the GPT-3 language model.

Developers can train the algorithm on their dataset, use existing sets of "almost any size and type", or add information incrementally based on user feedback. This will improve the accuracy of the model and create new versions for specific tasks or applications.

According to the developers, thanks to the fine-tuning of GPT-3, "one client" was able to increase the number of correct answers of the AI from 83% to 95%, while the other reduced the number of errors by 50%.

Apple Releases iPhone Update with New Security Features

Apple has released an update to iOS 15.2. She added algorithms to detect intimate photos in the messages of minors and the ability to identify non-original spare parts.

The company has released an app privacy reporting tool. It allows users to see information about how often the program has accessed their personal data, camera and microphone in the last 7 days.

There's also a "digital inheritance" feature that transfers information from the iCloud account to a "trusted person" set up in the Apple ID when the device owner dies.

Microsoft has developed an artificial intelligence tool for detecting code errors

Microsoft has developed the BugLab deep learning algorithm to detect and fix bugs in program code.

The system is based on two competing neural networks that play hide-and-seek during training. The first analyzes the code and introduces errors, while the second determines if an error exists, where it is and how to fix it.

The researchers tested the tool on an annotated test dataset and on a real open source project from GitHub. It automatically identified 26% of the errors and fixed them, and found 19 previously unknown typos.

According to the developers, BugLab works 30% better than the existing alternatives, however, it needs to be improved due to many false positives.

Twitter adds automatic caption generation for videos

Twitter has launched an automatic caption generation feature for videos.

Where are the video subtitles when you need them? Starting today, they will now automatically appear on uploaded videos.

Android and iOS: auto-captioning will appear on muted tweet videos; stay on when unmuted via the device’s accessibility settingsWeb: use the “CC” button to turn on/off

The text accompaniment system will support most languages in the "near future" and will be available to all users of the app on iOS, Android and in the browser.

According to The Verge, subtitles will only be created for new videos uploaded to the platform. In addition, users will not be able to report errors or low-quality generation, but developers "are always looking for ways to improve accessibility," the source wrote.

Honda vehicles will help you assess the quality of road markings

The Honda Research Institute is using connected vehicles to monitor road conditions.

Vehicles using GPS sensors and on-board cameras will detect poor quality markers in real time.

The AI system analyzes the lanes on both sides of the vehicle and divides them into four color zones. Green and yellow indicate "perfect" or "good" road markings, respectively, while red indicates a need for repair and gray indicates no markings.

The developer sends the collected data to the competent authorities and services to correct potentially dangerous sections of the road.

Artificial intelligence has learned to "animate" characters in children's drawings

Meta has developed artificial intelligence that can bring children's drawings to life.

The algorithm identifies the character in the sketch and separates him from the other objects. He then builds his skeleton, places key points – the "joints" that make the limbs move more realistically – and animates the character.

Meta says the project could help create a sentient AI that can understand the world "from a human perspective.

A demo version of the tool is available here.

The most important AI deals of the last week

Between December 11 and 18, 2021, artificial intelligence startups raised more than $726 million. Here are the most interesting deals.

  • Rubbles has raised $6 million to expand its business process optimization product line.
  • Phytoform has raised $5.7 million to expand its crop genome editing technology.
  • Dialpad, a unified business communications platform, raised $170 million.
  • Cylus has raised $30 million to protect railroad companies from cyber threats.
  • Papaya has raised $50 million to expand its app development team to streamline bill payments.
  • Signal AI has raised $50 million to support a public data collection platform.
  • The creator of Wowzi communication service for social network users and advertisers has raised $3.2 million.
  • Inquire AI has raised $5.5 million to improve its search tool for domain experts.
  • Guardio received $47 million to support web-based scaling to prevent cyber attacks.
  • Warehouse robot manufacturer ForwardX Robotics raises $31 million

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