Tech

Humanoid diving robot investigates shipwrecks at the bottom of the ocean

A diving robot explores shipwrecks and sunken planes in a way that humans can’t. But OceanOneK’s 3D vision and touch-based feedback allows people to feel like they’re underwater with the robot.

Sign up for CNN’s Wonder Theory science email newsletter. Discover the universe with news about fascinating discoveries, scientific advances and more. (CNN) A robot developed at Stanford University in California is diving to sunken planes and shipwrecks in a way humans can’t. OceanOneK is a robot that allows its operators to feel underwater explorers. It has arms and hands, and 3D vision which captures the underwater world in full color. The robot’s back has eight multidirectional thrusters and computers that allow it to maneuver around sunken ships. OceanOneK, here doing an experiment in a swimming pool at Stanford University, resembles a human diver.When an operator at the ocean’s surface uses controls to direct OceanOneK, the robot’s haptic (touch-based) feedback system causes the person to feel the water’s resistance as well as the contours of artifacts.OceanOneK’s realistic sight and touch capabilities are enough to make people feel like they’re diving down to the depths — without the dangers or immense underwater pressure a human diver would experience.Read MoreStanford University roboticist Oussama Khatib and his students teamed up with deep-sea archaeologists and began sending the robot on dives in September. The robot was just completed an underwater expedition in July. “You’re moving very close to this incredible structure, and something amazing happens when you touch or feel it,” said Khatib (the Weichai Professor at Stanford’s School of Engineering, and director of the Stanford Robotics Lab). “I had never seen anything like it in my entire life. I can claim that I touched the Crispi at 500 meters. It was me who touched it. I touched it, I felt it. OceanOne was launched in 2016 and explored King Louis XIV’s sinking flagship La Lune. It is located 328 feet (100m) below the Mediterranean, 32 kilometers (32 miles) from southern France. The 1664 shipwreck was left unexplored by humans. Khatib felt the sensations in the robot’s hands when OceanOne touched the vase. It is trying to save them. OceanOne was born out of a desire to study coral reefs in the Red Sea at depths that are beyond what divers can see. The Stanford team wanted to create a robot that was as close as possible to human divers. This included advanced robotics, artificial intelligence, and haptic feedback. The robot measures approximately 5 feet (1.5m) in length and can register how carefully it must handle objects, such as coral or sea-weathered artifacts. The bot can be controlled by an operator, but it is equipped with sensors and algorithms that allow it to function autonomously and avoid collisions. OceanOneK also received two new types hands and an increase in arm and head motion. Wesley Guo, a Stanford doctoral student, said that the project presents him with challenges that he has never encountered in any other system. It takes a lot of thinking outside the box to find solutions that work. The team tested the robot in Stanford’s recreation center and ran experiments such as balancing a boom with a camera and collecting objects. OceanOneK’s ultimate test was the deep dives. The OceanOneK Mediterranean tour began in 2021. OceanOneK dived to these depths: 406 feet (124 m) to the submarine, 1,095 ft (334 m) to the Roman ship remains, and finally 0.5 miles (852 meter) to prove that it can dive to almost 1 kilometer. It wasn’t easy. OceanOneK had to reach for cargo from an ancient Roman submarine at 406 feet (124 meters), 1,095 feet (334 meters) to the Roman ship remains, and finally 0.5 miles (852 meters) to repair one of the robots’ disabled arms on the boat’s deck during a stormy night. Piedra stated that the robot was eight years in the making. “You must understand how each part of this robot works — what are all the possible problems, and they are always going wrong. It’s like a puzzle. It’s very rewarding to be able to dive deep into oceans and explore wrecks that have never been seen before. “Students fix an issue with OceanOneK while on an expedition. During OceanOneK’s deep dive in February team members discovered that the robot couldn’t climb when they stopped to do a thruster test. The line piled on top of the robot because of a collapsed communications and power line. They were able pull in the slack and OceanOneK’s descent proved to be a success. It left a memorial marker on the seabed with the words, “A robot’s initial touch of the deep oceanfloor/A vast new world that humans can explore.” Professor of computer science Khatib described the experience as an “incredible adventure” and said that there were still unopened wine bottles aboard the royal ship 340 year after it sank. “This is the first time a robot has been able to go to such depths, interact with the environment, and permit the human operator feel that environment,” Khatib said. Khatib stated that the cargo of the former ship has disappeared, but it remains scattered on the seafloor. OceanOneK found the Roman ship and collected the oil lamps and vases. OceanOneK carefully placed a boom camera within the Crispi’s broken hull to capture video footage of corals and rust formations as bacteria feast on the ship’s iron. Piedra stated, “We travel all the way to France for this expedition, and there you realize that the piece you’ve been working with at Stanford is actually part a larger project.” “You get a sense about how important this is, how significant and novel the dive will be, and what this means to science overall. “A promising futureThe idea of OceanOneK was born in 2014. It has a long future with planned expeditions to lost cities, coral reefs, and deep wrecks. OceanOneK’s innovations also laid the foundation for safer underwater engineering projects like repairing boats and pipelines. One upcoming mission will investigate a sunken steamboat in Lake Titicaca, bordering Peru and Bolivia. Khatib and his crew have bigger goals for the project. Khatib stated that the European Space Agency expressed interest in the robot. The International Space Station will have a haptic device that would allow astronauts to interact directly with the robot. Khatib stated that astronauts could interact with the robot deep under the water. This would be a great way to simulate the task of doing the same on a different planet or moon.

Tech

IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%

IBM, a US-based technology giant, announced on Thursday that its revenue for the first-quarter (Q1) 20 The revenue figures were lower than Wall Street’s estimates of $14.35billion, but the earnings per share (EPS IBM’s targets were met in the first quarter as both its software and consulting businesses grew by 6% and 8.2% Big Blue also reiterated their full-year forecast of free cash flow of $10.5 billion.

Cognizant Technology Solutions Corp cut its 2022 forecast in November due to a decline in contracts. IBM’s “We are heavily reliant on our teams, particularly our global innovation centers. Granger said that India has never been about labour arbitrage, but rather a talent play. IBM Consulting contributed to This segment was rebranded in 2021 from IBM Global Business Services prior to IBM’s separation with Kyndryl.

Analysts say that the offering is in direct competition with IT services giants Accenture and TCS when it comes to large Keep up with the latest technology and startup news.

Tech

Crypto firms scramble to find banking partners as willing lending partners dwindle

After the collapse of Silvergate Capital Corp., Signature Bank, and Silicon Valley Bank, U.S. regulators expressed concern about the safety and soundness business models of banks that are heavily focused on crypto clients. U.S. regulators also warned banks to be on the lookout for any liquidity risks posed by crypto-related deposits. These deposits could be subjected to rapid outflows if clients try to redeem their crypto-assets for real money. “Crypto- and Web3-start-ups tell us they cannot get a bank account for their business,” said Marcus Foster. He is the head of crypto policy at Coadec. Foster said that the issue has gotten “significantly worse” in recent months.

This has forced digital asset companies to look for smaller financial institutions located in remote corners of the global finance. Discover the stories that interest youBlockchain5 StoriesCyber safety7 StoriesFintech9 StoriesEcomm9 StoriesML8 StoriesEdtech6 StoriesA FV Bank spokesperson said the bank has seen a rise in inquiries in recent weeks despite not being insured by the Federal Deposit Insurance Corp. A spokesperson for Bank Frick in Liechtenstein said that it had also seen a “significant” increase in account requests, with the majority of inquiries coming from companies in Europe, Singapore, and Australia.

However, the bank is not purely focused on crypto and has a broadly diversified business model, the spokesperson said.Switzerland-based Arab Bank told Reuters in March it had seen an increase in U.S. firms, mostly crypto funds or those involved in crypto venture capital, seeking to open accounts, but that the bank was unlikely to accommodate all of them. While ZA Bank, a Hong Kong digital bank, reported that it had received four times as many enquiries from crypto firms after Silicon Valley Bank collapsed, it stated that it would only accept firms with a license to trade virtual assets. Nikki Johnstone is a partner with Allen and Overy in London.

She said that the “concentration risks” that come from a growing clientele seeking business from smaller firms are the “biggest challenges” of having fewer crypto banking options. She said that this increased expectation places more pressure on the firm to manage and monitor risks at a higher level. Cryptocurrency firms need banks to hold their customers’ dollar deposits, and to conduct day-to-day operations. “Of course, the motto of crypto says ‘we’re going to replace banks’. But first, we’re not there yet and I don’t think we’ll be there ever,” said Paolo Ardoino. He is the chief technology officer at Tether, which is the largest stablecoin in terms of market capitalisation.

Its reserves were previously the subject of investor scrutiny. ‘TOP TEN’ Several top banks have told Reuters they are turning away most crypto-related clients, while others say they only work with top-tier companies – policies they maintain are unchanged since their past positions. According to a source with knowledge of the situation, JPMorgan Chase does not accept any crypto-related clients anywhere in the globe, except for Coinbase which has revealed that it deposits its customers’ funds with the bank. This policy has been in place for a long time. Circle, the principal US Dollar Coin issuer, has a portion its reserves held by BNY Mellon.

A spokesperson for ING stated that the bank does “not target or focus actively on cryptocurrency firms” and therefore its exposure is “very low.” Allen and Overy’s Johnstone, a lawyer with the firm, said that banks are often cautious because of the increased money-laundering risks in the crypto sector and the lack of robust crypto regulations. Circle, the principal USD Coin issuer, holds a portion its reserves at Customers Bank. Gemini, on the other hand, says it holds reserves for its stablecoins at State Street Bank and Goldman Sachs. Coinbase has revealed that it deposits funds for its customers at Cross River Bank, in addition to JPMorgan Chase.

Ricardo Mico is the U.S. CEO at Banxa. Banxa provides payment and compliance infrastructure for crypto. “There is a concern over the lack of banking partners in the market, especially for smaller and less-proven enterprises,” he said. (Reporting from Elizabeth Howcroft in London, Hannah Lang in Washington, with additional reporting by Mehnaz Yassin and Georgina Le; editing by ElisaMartinuzzi and Sharon Singleton.) Stay on top of the latest technology and startup news.

Tech

National Quantum Mission to be funded at Rs 6K crore by the Centre

The mission will have an outlay of Rs 6,003,65 crore from 2023-24 to 2030-31 and will make India the sixth country with a dedicated quantum mission after the US, Austria, Finland, France and China, science and technology ministerJitendra Singhtold reporters in New Delhi. Science and Technology MinisterJitendra Singh told reporters in New Delhi that the mission will have an outlay of approximately Rs 6,003,65 crore between 2023-24 and 2030-31. This will make India the sixth nation to have a quantum mission, after the US and Austria.

The National Quantum Mission, approved by the Union Cabinet under the leadership of Prime Minister Narendra Modi will accelerate quantum-technology-led economic growth in India and nurture the ecosystem. Singh joked that the NQM will give India a quantum leap in this area. CP Gurnani, CEO ofTechMahindratweeted, “A welcome move! The National Quantum Mission is expected to accelerate India’s tech progress, increasing India’s credibility and ability in quantum computing. @tech_mahindra We are deeply invested in Quantum and it’s encouraging that the government is putting so much focus on this technology.

“Singh said that the mission will develop magnetometers and atomic clocks for precise timing, communication and navigation. The deep ocean mission, Space, drones, and remote sensing policies, supercomputing, cyber-physical missions, the Thirty Meter Telescope and LIGO, as well as the impending NRF will advance fundamental research in the coming year. “Raman Research Institute in Bengaluru tweeted: “RRI is thrilled at the launch of National Quantum Mission. We look forward in continuing to work for the nation on pathbreaking quantum technology”. Urbasi Sinha, who heads the Quantum Information and Computing Laboratory (QuIC) at RRI, tweeted: “RRI is at the forefront of India’s quantum technology research.” I personally worked on the DPR, and am excited about the prospects it holds for me as a scientist, for the institute, and for the nation.

The mission can bring the technology development eco-system in the country up to a global competitive level. The mission will benefit the communication, health, financial, energy, drug design, and other space applications. It will also provide a boost to National Priorities like Digital India. Make in India. Skill India. Stand-up India. Self-reliant India. “We know that quantum keys that use quantum principles are secure and can withstand attacks from hackers. There needs to be fundamental changes at the network level, for infrastructure and hardware devices which generate these keys. He said that this is an area that must be investigated for defence-based installation.

Quantum machine learning can be used for satellite placements – with the increasing debris and satellites orbiting Earth, quantum optimization techniques are helpful in satellite placements – and weather analysis. He said that precise quantum hardware could be used to detect earthquakes and other geological phenomena. Malhotra, who spoke about quantum education, said that in order to make India a hub for quantum, it is important to focus on improving and imparting education at all levels.

Tech

PlanSource Celebrates its continued growth in India

PlanSource, the leading provider of US employee benefit technology, shared exciting updates on their plans for 2023, as well as recent recognitions regarding their operations in India. PlanSource has offices in several cities in the United States, as well as in Bengaluru in India. The India operations deliver an exceptional customer experience by scaling processes and providing coverage around the clock. PlanSource’s rapid expansion, increased product investment and market momentum led to more than 750 employer groups choosing PlanSource in 2022 as their benefits engagement platform.

The company now has more than 4,000 clients, five million employees and eight million users. PlanSource has grown rapidly under the leadership of Tom Signorello. This includes: A plus 47 NPS score for customers, and up-time metrics and call center metrics that exceeded SLAs. Launching new products, including ‘The Source,’ an employee engagement tool that increases benefit usage, improves the overall employee experience, and puts everything employees need in one convenient place, their mobile device.

PlanSource is expanding its industry-leading integrations portfolio by adding new HCM partners, such as Paylocity and SAP, carrier integrations like Aetna and a partner marketplace with 80+ valuable add-ons. Our values are based on implementing measurable ESG and DEI initiatives to create a sustainable future, a healthier planet and inclusive community. Establishing a Women in Tech and Leaders program globally PlanSource launched its Bengaluru operations in 2020.

The India office has made a significant contribution to product development and customer support. PlanSource, founded in 2008, employs 800 employees with more than 200 based in India. Tom Signorello said during his recent trip to India that “it is an exciting time for the benefits technology industry, as automation creates increased efficiency and the opportunity for a better end-user experience.” PlanSource is well positioned to continue to lead the industry, and we remain committed in furthering our mission to deliver the best customer experience. PlanSource encourages employees to be innovative and open. This can be done at many levels.

Process innovation extends beyond development to include Marketing, Sales and Operations, Finance and Human Resources. I am therefore excited by the contributions of India operations in developing industry leading products. Our India-based leadership team and talent contributed significantly to the launch of IQ decision support, which gives our customers measurable ROI (8x-12x). Recently, our India team developed Chatbot and Personalized Communication capabilities. I am excited to see these launched this week.

In our India operations, we have created a culture that is outstanding and focuses on diversity/inclusion. In 2023, we were awarded the “Great Place to Work” certification in India. Vista Private Equity recognized our India Center of Excellence for being the best CoE among their 70+ portfolio companies. We plan to continue to grow and look forward to the continued contributions from our India operation.” PlanSource is a trademark of PlanSource, Inc., as well as other trademarks owned by PlanSource.

Tech

Elon Musk announces he will launch a rival to Microsoft’s ChatGPT

Billionaire Elon Musksaid on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings fromMicrosoftandGoogle. He criticised Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of “training the AI to lie” and said OpenAI has now become a “closed source”, “for-profit” organisation “closely allied with Microsoft”.

He also accused Larry Page, co-founder of Google, of not taking AI safety seriously. Musk said, “I’m starting something that I call ‘TruthGPT,’ or a maximum truth seeking AI that tries understand the nature of universe,” in an interview aired Monday on Fox News Channel. He said TruthGPT was “likely the best path to security” and would not “annihilate human beings”. It’s just starting late. Musk registered a Nevada-based company named X.AI Corp last month, according to a filing with the state. Musk was listed as the sole director, and Jared Birchall as the managing director of Musk’s family office as secretary.

‘Civilizational devastation’ The move came after Musk and a team of artificial intelligence experts, including industry executives, called for a 6-month pause on developing systems that are more powerful than OpenAI GPT-4. They cited potential risks to the society. Musk reiterated his AI warnings during the interview with Carlson. According to the excerpts, “AI is more harmful than, for example, mismanaged airplane design, production maintenance, or bad car production.” “It could lead to civilizational destruction,” Musk said. He said that an AI super intelligent could write extremely well and manipulate public opinion. Musk co-founded OpenAI back in 2015.

He stepped down from its board in 2018. In 2019, Musk tweeted that he was leaving OpenAI to focus on Tesla, SpaceX and other projects. He also tweeted that he left OpenAI because he had to focus on Tesla and SpaceX. Musk, CEO of Tesla, SpaceX and Twitter, has become CEO of Twitter. He bought the social media platform for $44 billion in 2013. Musk told Fox News that he valued Twitter recently at “less than 50%” of its acquisition price.

Microsoft Corp announced in January that it would invest a further multi-billion dollars in OpenAI. This investment will intensify the competition with Google and fuel the race for AI funding in Silicon Valley.