Companies

Big Companies Freeze Sale of Facial Recognition Technology to US Police Departments

Facial recognition technology takes advantage of modern computers’ ultra-high speeds to filter through a database of images and help identify a person. The technology is commonly used on a small scale in order to allow employees entry into their building, but it can also be used on a much larger scale, like in the movies when the audience waits in suspense while the CIA uses a computer to refine search results of a suspect before dramatically revealing a match. For that and many other reasons, this new tech has been met with a great deal of controversy — which is exactly why the newest generation of facial recognition has been put on the back burner, for now.

Graphic depicting advanced facial recognition tech being used on a young woman.
Graphic depicting advanced facial recognition tech being used on a young woman.

Major tech companies including IBM, Amazon, and Microsoft have agreed to stop selling facial recognition systems to law enforcement until

Read More

5 Companies Developing AI Technology to Keep an Eye On

In the midst of the ongoing pandemic, several companies are working to further develop their artificial intelligence technologies, known as AI, to aid in a variety of different fields. These companies include Nvidia Corp. (NASDAQ:NVDA), Salesforce.com Inc. (NYSE:CRM), Amazon.com Inc. (NASDAQ:AMZN), Twilio Inc. (NYSE:TWLO) and Tencent Holdings Ltd. (TCEHY).

Through the pandemic, companies have rapidly moved their employees to remote work to avoid contact and reduce the spread of the virus. This move has spurred on the development of AI technologies as an aid to human workers. The pursuit of AI technology covers a wide range of applications, from deep data analytics to more effective agriculture. While the AI of science fiction movies is yet to be seen, the technology has progressed in leaps and bounds in recent years.

AI spending on the rise

A recent forecast from International Data Corp. (IDC) predicts that global spending on AI technology will

Read More