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Tech

AI-infused drugs: Revolutionising medicine with smart solutions

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In recent years, artificial intelligence (AI) has left an indelible mark on countless industries, and the field of medicine is no exception.

With AI-powered drugs making headlines and gaining traction, it’s time to explore how this cutting-edge technology is revolutionizing the way we approach healthcare.

Traditionally, drug development has been a laborious and expensive process that can take years to yield results. However, AI is changing the game by expediting drug discovery, design, and testing.

By analysing vast datasets, AI algorithms can identify potential drug candidates, predict their efficacy, and even simulate their interactions within the human body. This not only reduces costs but also accelerates the availability of life-saving medications.

But the impact of AI in medicine doesn’t stop there. AI is also being used to personalise treatment plans for patients.

By analysing individual health records, genetic data, and lifestyle factors, AI can help doctors tailor treatment regimens that are more effective and have fewer side effects.

This approach, known as precision medicine, has the potential to transform healthcare by making it more patient-centric.

AI is enhancing diagnostic accuracy. Advanced machine learning models can analyze medical images, such as X-rays and MRIs, with remarkable precision, helping doctors detect diseases at earlier stages when they are more treatable.

This not only improves patient outcomes but also reduces the burden on healthcare systems.

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News

Tesla’s robotaxi reveal sparks excitement

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Analysts and investors are eagerly awaiting Elon Musk’s big reveal—a fully functional autonomous vehicle that could revolutionise ride-hailing.

Tesla’s stock has soared 52% since Musk first announced the event in April, reflecting high hopes for the launch of its much-anticipated robotaxi.

The vehicle, dubbed the “Cybercab,” is said to be a sleek, two-seater without a steering wheel or pedals—straight out of the future.

Tesla also teased a ride-hailing app that will summon these driverless cars to pick up riders at their chosen locations.

Not convincing

But not everyone is convinced—some analysts warn that while Musk’s vision is bold, the timeline for these innovations may not deliver immediate results.

Musk has a history of overpromising on autonomous tech, and this event might be more about grand ideas than tangible products.

Tesla first floated the robotaxi idea in 2016, with Musk hinting at a future where owners could lease their cars to others for extra income.

If the software keeps pace with Musk’s ambitions, the future of driverless Teslas might be closer than we think.

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Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Leaders

Experts reveal AI’s impact on the retail experience in Australia

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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