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AI Update: This Stuff Costs a Lot of Money

August 4, 2023

AI Update: This Stuff Costs a Lot of Money

The UK government will focus on supporting niche manufacturing and designs in its efforts to become a major player in computer chips, according to the country’s tech minister. Paul Scully admitted to the FT that his government won’t bother trying to compete with major international rivals. “We are not going to recreate Taiwan in south Wales,” he said. “It’s just not going to happen.” The government’s planned >£1 billion in funding for the next decade will lean on the UK’s current strengths, which includes the chip designer and maker Arm.

“Every single one” of Amazon’s business units is currently working on AI initiatives, according to the company’s CEO, Andy Jassy. He emphasized the firm’s intense AI focus in a recent earnings call. Amazon has a lot of irons in the fire; in the identity industry, it’s best known for its Rekognition facial recognition solution, its Amazon One palm-scanning Point-of-Sale terminals, and its Amazon Web Services cloud business, the cloud platform upon which a range of other AI and biometric technologies operate.

Microsoft, meanwhile, revealed the costs of its AI expenditures in a business update of its own. Capital expenditures were up 23 percent year-over-year for Q2, reaching $10.7 billion — the highest quarterly capex in the tech giant’s history. And CFO Amy Hood said the expenditures would go even higher in each of the next four quarters.

Pre-seed startup Sweetspot is leveraging AI to enable smart searches of US government contract databases. “The government is trying to install a lot of facial recognition software of late,” a co-founder told Semafor. “The contracts on Sam.gov are titled with very obscure names. Sometimes people just say, ‘software needed to detect x and y.’ But with our software, if you just type in ‘facial recognition,’ it matches businesses with all those relevant contracts.”

Humans can only detect deepfake speech about three quarters of the time, suggests a new study from University College London. Researchers played text-to-speech samples along with genuine speech samples for 529 participants, in the languages of English and Mandarin. Deepfakes were detected 73 percent of the time, with a slight improvement after participants were given a bit of training in spoof detection.

Researchers at Guangdong Songshan Polytechnic have detailed a new technique to help facial recognition systems attain a better balance between speed and accuracy. The technique involves the use of a “particle swarm optimization algorithm”: Essentially, it iteratively explores different ways of configuring face images to get the clearest picture until it finds the best option in terms of accuracy and efficiency. Testing across the ORL, YALE, and MU_PIE datasets showed promising results.

Innovatrics has launched a ‘Lightweight Facial Identification Service‘, an API that enables the integration of the biometric technology onto smart devices without the need for powerful servers or resource-heavy on-device computing. The company says its solution needs just “kilobytes of data sent for post-processing and matching,” in the form of cropped or full-frame face images, which can be matched against large databases.

DocuSign has added selfie-based identity verification to its digital document signing platform, thanks to a partnership with Onfido. The latter’s biometric technology uses facial recognition to match a document signer, captured through live video, to their photo ID. Onfido’s ‘Liveness Detection for ID Verification’ solution scans for any signs of spoofing (including the use of deepfakes) and ensures that the document signer was not using a fake webcam or emulator, and was physically present during the transaction.

NEC Corporation has issued an update for the first quarter of its 2024 fiscal year, with the company’s launch of a generative AI service among the highlights. NEC says that it has received over a hundred inquiries since announcing the initiative earlier this month. The update also comes shortly after NEC’s announcement that it had won a contract to provide communications systems and an automated fare collection system for a major railway project in the Philippines.

The chatbot’s take: We asked Bing whether Amazon and Microsoft might be going a bit overboard with their AI spending.

–

August 4, 2023 – by Alex Perala

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Filed Under: AI and Identity, Features Tagged With: AI expenditures, AI initiatives, Amazon, Amazon One, Amazon Web Services, ARM, Biometric, biometrics, computer chips, deepfake speech, DocuSign, facial recognition systems, Guangdong Songshan Polytechnic, Innovatrics, Lightweight Facial Identification Service, Microsoft, NEC Corporation, niche manufacturing, Onfido, particle swarm optimization algorithm, Rekognition, selfie-based identity verification, smart searches, Sweetspot, UK government, University College London

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FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

Unico is a global identity network that forges trust between people & companies. We identify people globally so they can have safe, efficient and private digital access to services around the world. Unico is present in over 20 countries, and serves 165 million users with over 1.5 billion identity verifications every year. We are the leading global identity network.www.unico.io

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Innovatrics is an EU-based provider of trusted biometric solutions for governments and enterprises. Our algorithms consistently rank among the fastest and most accurate in fingerprint, face, and iris recognition. Since 2004, we have partnered with all types of organisations to build trusted and flexible biometric identification solutions. Our solutions are used in more than 80 countries, benefiting over a billion people worldwide. https://www.innovatrics.com/

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Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/

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The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com

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