AI-based

AI-based refers to systems, platforms, or services that utilize artificial intelligence as their core technology to perform tasks such as drug development, spam detection, chip verification, tourism promotion, or creating digital avatars.

Why it’s in the news: It is in the news due to significant funding rounds for AI-based companies, new regulatory frameworks for AI-powered services, and the rollout of novel AI applications across various industries.

Latest on AI-based

• AI-based drug developer Basecamp valued at $800 million after $140 million funding round
• TRAI tightens anti-spam rules, brings AI-based detection, automated calls under framework
• VerifAIX Bags $5 Mn To Scale AI-Based Chip Verification Platform
• Huawei rolls out AI-based tourism promotion service for Xi'an region
• Oz says ‘AI-based avatars’ can help rural communities. Some leaders disagree
• Elbit Systems launches AI-based autonomous defence tech unit

Connections

15 entities linked to AI-based across the news graph.