The World Economic Forum on Wednesday announced its 2017 class of Technology Pioneers, representing the world’s most innovative start-ups and scale-ups in such fields as artificial intelligence and robotics, virtual and augmented reality, blockchain, cybersecurity, autonomous driving, drones and biosciences.
Artificial intelligence (AI) is growing faster than ever in the Asia Pacific (APAC) region owing to the rise in machine learning capabilities. The AI market in APAC has recently shifted from nascent stage to intermediate stage. The growth of AI technology in the APAC region is mainly because of the huge chunks of data base created through AI powered platforms such as software suites, wearable devices, and chatbots.
Autonomous car development has a strong relation with enhancing the safety on the road as road accidents are one of the biggest man-made threats to human life. Around half a trillion dollars are lost annually around the world in road accidents and more than 90% of them are due to human error.
Business-to-business platforms have the potential to create enormous value for businesses, innovation and society but could be hindered without greater efforts to establish standards and trust according to a new report, Unlocking B2B Platform Value, launched at the Forum’s Centre for the Fourth Industrial Revolution and its 2017 Industry Strategy Meeting.
Adani power limited has set up a power plant at Mundra with a total capacity of 4620MW. It has a power purchase agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited) and two other Haryana utilities ( UHBVNL and DHBVNL) to provide power at levelised tariff of INR 2.3495 per unit ( INR 1 per unit capacity charge and INR 1.3495 non-escalable energy charges). Similarly Tata power has bagged Mundra UMPP (4000MW) based on imported coal from Indonesia at a very competitive tariff of INR 2.26 per unit. Mundra UMPP has to supply power to 5 states.
Mastering and measuring 'big data' – to map poverty from space or use mobile phones to track food security – could boost evidence-based decision-making at local and global levels and drive the implementation of all 17 Sustainable Development Goals (SDGs), the United Nations telecommunications agency said today.