Techbest – Top Tech Reviews In Australia
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Plantronics Backbeat Pro 5100 True Wireless Earbuds, Black
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Australian Unity, a member-owned entity operating in banking, financial advisory, retirement living, and private health insurance, has successfully deployed seven AI applications from a total of 78 recognized opportunities. During the Gartner Data & Analytics Summit, general manager of data and analytics, Craig Rowlands, announced this achievement.
Rowlands pointed out that the organization traditionally takes a conservative stance and is proceeding with AI integration judiciously. “For us, typically we would look to do things in-house first of all, make sure that we’ve got them to an appropriate level before sharing them wider with members and customers,” Rowlands mentioned.
The strategy for AI integration at Australian Unity employs a ‘funnel’ methodology. Currently, 78 use cases are under examination, with seven successfully creating value. The other initiatives are at various phases, from business case formulation to minimum viable product (MVP) progression towards production readiness.
A significant AI resource employed is BigID, a machine learning-powered tool that scans the organization’s realm for sensitive information. This encompasses personally identifiable information, health records, financial details, commercially sensitive information, and intellectual property.
Rowlands clarified that BigID allows organizations to pinpoint sensitive data in both originating systems and data replicas within the environment. Recently, it enabled the identification of sensitive data in a newly created folder on a shared drive, thereby facilitating remediation actions.
The diverse operations of Australian Unity require distinctly tailored data management and lifecycle regulations. For example, the retention protocols for health insurance data vary significantly from those applicable to wealth management data. The utilization of AI tools like BigID aids in complying with these diverse mandates, ensuring adherence and data integrity across all divisions.
Australian Unity’s measured yet tactical method to AI integration has led to the successful deployment of seven AI initiatives out of 78 identified opportunities. By leveraging tools such as BigID for sensitive data management and following various data regulations across its diverse operations, the organization is making meaningful advancements in harnessing AI technology.
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Sony WF-C700N True Wireless Noise Cancelling Earbuds – All-Day Comfort and Stability – Up to 15H Battery Life with Charging case – Lavender
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Recently, the robotics firm Figure has unveiled a new trailer showcasing their forthcoming Figure 02 robot.
The video begins with a detailed view of the robot’s foot, exhibiting a completely reinvented approach to how the robot engages with the ground.
In the side view, we observe a foot that mimics the shape of a human foot, tapering down to the toes in a manner that would comfortably fit a shoe.
What truly sets this foot apart from human prototypes is the rear, featuring a space between the ankle and the heel. As the camera rotates to showcase the back, we see the foot lift, initiating the walking motion.
From this angle, the gap and the angled joint enable the foot to rotate, imitating the movement of human feet and ankles in a remarkably natural manner.
The underside of the foot reveals textured protrusions, clearly designed to enhance grip as the robot traverses various surfaces. Materials like tiles or wet concrete could be slippery, and this grip should aid in stabilizing the foot as the robot progresses. However, it does raise concerns about potential wear over time.
The video ascends the body, unveiling a collection of new actuators. The following list details the capabilities of each actuator featured in the video. These actuators are integrated throughout the knees and hips of the Figure 02 robot.
As the video progresses, we notice the legs are designed symmetrically, swapping positions from left to right. Standardizing components on both sides minimizes manufacturing complexity and costs, allowing software to adapt for usage on either side of the body.
The competition in the humanoid robot sector is intensely fierce, and actuator design is a crucial differentiator. Purchasing ready-made solutions isn’t feasible, and Figure showcases a disassembled actuator, illustrating components often hidden from view, which I believe is crucial in the design process.
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Australian Unity, a prominent mutual organization engaged in varied sectors including banking, financial advisement, retirement living, and private health insurance, has proficiently advanced seven AI use cases out of the 78 potential opportunities identified. This strategic yet careful methodology of AI adoption was underscored by Craig Rowlands, General Manager of Data and Analytics, at the Gartner Data & Analytics Summit.
Rowlands revealed that the AI deployment process at Australian Unity starts with in-house development of solutions to verify their effectiveness prior to rollout for members and customers. From 78 AI use cases in their framework, seven have transitioned to a production phase, while the others remain at various development stages, from business case initiation to minimum viable product (MVP).
A significant AI use case includes a machine learning tool from BigID, tailored to scan the organisation’s ecosystem for sensitive data. This tool has been pivotal in pinpointing personally identifiable information (PII), health records, financial data, confidential business data, and intellectual properties within Australian Unity’s data repositories.
Rowlands elaborated that BigID’s tool facilitates the identification of sensitive data in both originating and source systems, as well as in any copies that may inhabit the environment. Recently, the tool pinpointed sensitive information within a new folder on a shared drive, enabling the organisation to promptly resolve the issue.
The tool’s capacity to distinguish data management and lifecycle rules across various divisions of Australian Unity’s business, such as health insurance and wealth management, adds further value. Each division maintains separate retention policies, and the tool aids in ensuring adherence to these diverse regulations.
Australian Unity’s deliberate and systematic method toward AI deployment has resulted in the successful advancement of seven out of 78 recognized AI use cases. With solutions like BigID’s machine learning data scanner, the organisation enhances its ability to handle sensitive data while complying with varied data lifecycle regulations across its sectors. This tactical approach underscores the significance of cautious AI adoption in realizing substantial and enduring outcomes.
Australian Unity traditionally adheres to a risk-averse philosophy, emphasizing the need for AI solutions to be effective and secure before introduction to members and customers.
BigID’s tool scans for sensitive data throughout the organisation’s landscape, assisting in the identification and management of PII, health information, financial data, and other sensitive assets.
From 78 identified AI use cases, Australian Unity has transitioned seven into the production phase.
The tool aids in managing various forms of sensitive data, including personally identifiable information, health records, financial details, confidential business data, and intellectual property.
The organization utilizes solutions like BigID to guarantee compliance with the distinctly different data management and retention regulations relevant to various divisions of its operations, such as health insurance and wealth management.
AI use cases at Australian Unity progress through stages ranging from business case initiation to MVP and subsequently towards a production result.
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Shareholders from cybersecurity firm CrowdStrike have launched a class action lawsuit in the federal court of Austin, Texas. They claim that the company deceived them regarding the strength of its software testing, which led to a severe outage on July 19, affecting over 8 million computers around the globe.
Following the outage, CrowdStrike’s share price dropped by 32% within 12 days, wiping out an astonishing US$25 billion (AU$38.5 billion) from its market capitalization. This decline has led to a more thorough investigation into the company’s claims regarding the dependability of its technology.
CEO George Kurtz and CFO Burt Podbere are listed as defendants in this legal action. The case, brought forth by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between November 29, 2023, and July 29, 2024.
Delta Air Lines encountered major disruptions due to the outage, with CEO Ed Bastian stating that the event cost the airline US$500 million. This amount encompasses lost revenues, compensation, and lodging for passengers left stranded.
In an official statement, CrowdStrike has indicated its intention to “vigorously defend the company,” claiming the lawsuit is unfounded. The organization’s reputation for its cybersecurity offerings is currently under scrutiny as it grapples with these legal hurdles.
CrowdStrike finds itself at a pivotal moment as it copes with the aftermath of a significant software disruption that has resulted in substantial financial losses and legal ramifications from its shareholders. With additional lawsuits likely on the way, the company’s capacity to reassure investors and restore confidence will be critical.
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JBL Soundgear Sense Air Conduction Headphones, Black
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Belkin SOUNDFORM Flow, True Wireless Earbuds with Active Noise Cancellation, Wireless Charging, IPX5 Sweat and Water Resistant, USB C, 31 Hour Long Play Time, iPhone, Galaxy, Pixel and More
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Tesla is making headlines in the Australian electric vehicle sector by rolling out new financing options that simplify the purchase of a Tesla Model 3. The offer includes a $0 down payment combined with a very appealing 1.99% interest rate (3.57% comparison rate) for Model 3 RWD and AWD LR versions. Though this proposal doesn’t extend to Model Y buyers, it provides a strong incentive for prospective Model 3 purchasers to act promptly.
The entry-level Model 3, which comes in white with a black interior, has a driveway price of A$60,158 in Victoria (VIC). For those not wishing to make a full payment upfront, Tesla’s financing partner, Plenti, provides a monthly payment plan. With a term of 60 months, buyers would be looking at payments of A$1,096 monthly or roughly A$252.92 weekly. This offers a financially feasible route for individuals aiming to transition to electric vehicles without overspending.
The Tesla Model 3 boasts impressive features, including a 513km range (WLTP) and the ability to accelerate from 0-100km/hr in just 6.1 seconds. Buyers will also benefit from access to Tesla’s vast Supercharging infrastructure and the Autopilot function. Additional upgrades are available for those willing to invest more, such as an array of paint colors, larger 19-inch wheels, and interior enhancements. Software options include Enhanced Autopilot, Full Self-Driving Capability, and Premium connectivity.
If you’re new to electric vehicles, note that you’ll have to purchase a charger separately from Tesla’s shop. While this adds a small extra cost, it’s essential for the everyday use of your new EV.
To be eligible for this financing offer, you must place an order and apply for financing on a qualifying Tesla Model 3 by 31 August 2024, with delivery by 30 September 2024. This offer is exclusively for new Tesla Model 3 Rear-Wheel Drive and Long Range (AWD) variants, with financing terms of up to 5 years. Balloon payments are not part of this offer. Credit approval is at the discretion of Plenti Finance Pty Limited, which also determines the associated terms, conditions, fees, and charges. Interest rates may vary.
The comparison rate is based on a secured vehicle loan of $30,000 repaid over a 60-month term. Alternate loan amounts, fees, or terms may lead to a different comparison rate. This content does not assure financial advice. Potential buyers should engage a certified independent financial advisor to identify the most suitable financing options for their needs.
Tesla’s latest financing choices enhance the accessibility of the Model 3 for Australian consumers. With a $0 down requirement and a competitive 1.99% interest rate, owning a Tesla has become more attainable for many. This promotion runs until August 2024 and pertains to specific Model 3 configurations. Despite additional terms and conditions, this initiative highlights Tesla’s dedication to rendering electric vehicles more affordable and reachable.
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US progressive organizations and Democratic Senator Elizabeth Warren have urged the US Department of Justice (DOJ) to examine Nvidia, citing concerns surrounding the company’s leading role in the AI chip market. Nvidia’s market cap has skyrocketed to US$3 trillion ($4.6 trillion) amidst strong demand for chips capable of powering complex generative AI applications.
The correspondence, authored by Demand Progress along with nine other organizations, requested DOJ antitrust head Jonathan Kanter to investigate Nvidia’s corporate conduct. The groups have raised concerns about Nvidia’s bundling of software and hardware—a tactic previously identified by French antitrust regulators as potentially anti-competitive. They argue that this strategy can secure customer loyalty and inhibit innovation, which conflicts with industry standards for cooperation and interoperability.
In June, Reuters reported that US authorities had instructed the DOJ to supervise potential antitrust investigations into Nvidia while the Federal Trade Commission (FTC) concentrates on Microsoft and OpenAI. Nvidia has claimed that it has poured billions into developing AI-capable computing technologies and is committed to fostering new markets and avenues for growth.
Nvidia captures approximately 80% of the AI chip sector, including bespoke AI processors developed by cloud service firms like Google, Microsoft, and Amazon. These chips are usually leased through each provider and not sold directly. When considering only cloud providers’ chips, Nvidia’s portion of the market is nearly 100%, enabling the company to record gross margins ranging from 70% to 80%.
Senator Elizabeth Warren has expressed significant concerns regarding Nvidia’s market dominance, cautioning that permitting an individual firm to control the global AI future entails considerable economic risks. According to Kanter, DOJ antitrust officials are particularly wary of market bottlenecks that could be utilized to exclude competitors.
Progressive groups in the US and Senator Elizabeth Warren are advocating for an antitrust investigation into Nvidia due to its prevailing position in the AI chip industry. Concerns have been raised about Nvidia’s bundling strategies, which critics argue contribute to customer lock-in and inhibit innovation. The DOJ has been assigned to manage possible antitrust investigations, while Nvidia asserts its dedication to an open market and compliance with regulations.
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