Machine learning and AI help NJIT researchers understand human crowd movement

People walking in Manhattan. Public domain image from Wikimedia user Elbert Hampton New Jersey Institute of Technology researchers are deploying artificial intelligence to understand how crowds and the individuals within them move around, leading to insights for applications in areas such as emergency management, pedestrian traffic planning, robotics, special effects, and even video games. Tomer […]

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Fannie Mae issues AI and machine learning governance framework | Orrick, Herrington & Sutcliffe LLP

On April 8, Fannie Mae issued the following statement: lender letter Establishing a governance framework for seller/servicer use of AI and machine learning (AI/ML) in mortgage origination and servicing operations. The framework will become effective 120 days after publication and will require sellers/servicers that use AI/ML in connection with the origination of loans sold or […]

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DVIDS – News – NSWCPD applies AI and machine learning to predict machine health

In a soundproof room at the Naval Surface Warfare Center Philadelphia District (NSWCPD), a steel-gray air compressor hums as engineers test an experimental machine learning model designed to detect early signs of failure through vibration analysis. This effort is part of NSWCPD’s growing portfolio of artificial intelligence (AI) and machine learning (ML) projects and shows […]

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Advanced digital defenses become essential as AI-powered fraud becomes more sophisticated

TransUnion’s report finds that even though suspected digital fraud is decreasing, more sophisticated schemes are increasing losses for consumers. A new TransUnion analysis finds that identity-based schemes, credit card theft, and fraudulent billing attacks are causing the greatest financial losses to U.S. consumers. These losses come as the digital fraud landscape becomes more complex, in […]

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How AI is transforming traffic and safety insights

For decades, traffic reporters have been the familiar voices guiding motorists through rush-hour traffic, morning commutes, and unpredictable weather. We broadcast live updates from helicopters, radio booths and television studios to keep travelers informed and help prevent delays and accidents. However, as time moves faster and technology continues to advance, the media and mobility landscape […]

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Myth: AI and machine learning will automatically solve data problems

AI cannot compensate for weak data. (Image source: 123RF) In today’s data-driven world, organizations are investing heavily in analytics, platforms, and emerging technologies to derive value from their data. But despite these investments, many still struggle to turn data into meaningful, actionable insights. One of the biggest reasons? A persistent data myth. These myths are […]

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