Bosch partners with Fetch.ai to ‘transform’ digital ecosystems using DLTs

Bosch has partnered with Cambridge-based AI blockchain startup Fetch.ai with the aim of transforming existing digital ecosystems using distributed ledger technologies (DLTs).

The global engineering giant will test key features of Fetch.ai’s testnet until the end of this month and will deploy a node on the network. The strategic engineering project between Fetch.ai and Bosch is called the Economy of Things (EoT).

Dr Alexander Poddey, the leading researcher for digital...

Researchers achieve 94% power reduction for on-device AI tasks

Researchers from Applied Brain Research (ABR) have achieved significantly reduced power consumption for a range of AI-powered devices.

ABR designed a new neural network called the Legendre Memory Unit (LMU). With LMU, on-device AI tasks – such as those on speech-enabled devices like wearables, smartphones, and smart speakers – can take up to 94 percent less power.

The reduction in power consumption achieved through LMU will be particularly beneficial to smaller...