October 10, 2024
Tech News
Health insurtech startup Qantev has raised €30 million in a Series B funding round to enhance its AI-driven claims management software for health insurance providers. The company aims to outperform large language models (LLMs) by utilizing specialized small AI models to improve efficiency and accuracy in processing claims. Qantev plans to expand its team and international presence, particularly in Asia and North America, while focusing on automating complex health insurance processes.
Apple has launched the AirPods 4 and AirPods 4 with Active Noise Cancellation (ANC) in Malaysia, priced at RM599 and RM829, respectively. The new models feature Apple’s H2 chip, improved audio capabilities, and USB-C charging ports. The AirPods 4 offer up to 30 hours of battery life with the charging case, while the ANC version provides four hours on a single charge. Delivery for pre-orders starts on October 15, 2024.
The Nobel Prize in Chemistry has been awarded to three scientists—David Baker, Demis Hassabis, and John Jumper—for their groundbreaking work in protein design using artificial intelligence. Their research has the potential to revolutionize drug development and material science by enabling the custom design of proteins. The award highlights the significant advancements in AI applications within biochemistry, showcasing the collaborative efforts between computational and biological sciences.
Tech Explained
Large Language Models (LLMs) – Large Language Models are AI systems that can generate human-like text by predicting the next word in a sentence based on the context of the words that came before it.
Artificial Intelligence (AI) – Artificial Intelligence refers to the simulation of human intelligence processes by machines, especially computer systems. It involves learning, reasoning, and self-correction.
Protein Design – Protein design is the process of creating new proteins or modifying existing ones to perform specific functions, such as drug development or material science applications.
Active Noise Cancellation (ANC) – Active Noise Cancellation is a technology that uses sound waves to reduce unwanted ambient noise, providing a more immersive listening experience by canceling out external sounds.
Computational Sciences – Computational Sciences involve the development and application of computer algorithms and models to analyze and solve complex scientific problems, such as protein design using artificial intelligence.
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