The world is becoming more complex than ever. The amount of information generated out there is too much and what we consume is not even equivalent to a dot in the Universe.
And as a Data Science company, Analytics Vidhya understands how difficult it can be to keep up with the news in the Data Science market. So to keep you in the loop and always updated with the current affairs in the data science industry, Analytics Vidhya brings to you its new initiative where we mention the top 5 news of the recent times with verified sources.
So here are the top 5 news that you might have missed-
1. Data of 500 million LinkedIn users Breached
On 9th April 2021, Gadgets360 reports,
“LinkedIn Confirms Data Breach of 500 Million Subscribers, Personal Details Being Sold Online”
As per the news, information like email address, phone number, workplace information, full name, account IDs, links to their social media accounts, and gender details.
Reports say that the breached data is being sold on a hacker forum by an unknown user. The user has dumped data of over two million users as sample proof. The hacker is asking for a four-digit amount (in USD) in exchange for the breached data, potentially in the form of Bitcoins.
2. Streamlit Raises 35 billion in Series B funding
On 7th April 2021, TechCrunch reports
“Streamlit nabs $35M Series B to expand machine learning platform”
This round of investment was led by Sequoia with aid from previous investors Gradient Ventures and GGV Capital.
Reports confirm that Streamlit will utilize this money to scale its team, expand the platform and bring its technology to leading enterprises.
Sonya Huang, the partner at Sequoia and Streamlit board member, said: “The field of data is changing rapidly. Static dashboards are no longer the best way for data scientists to communicate insights and democratize data access. Interactive, data-rich web apps are the future. We believe Streamlit has a unique opportunity to disrupt the $25 billion Business Intelligence market with its open-source and developer-first approach—ultimately, becoming a core piece of the data science and machine learning stack for years to come. We are thrilled to partner with this exceptional team as Streamlit continues to experience wide adoption within the data science community and in the Fortune 1000.”
3. Supreme Court of India launches Artificial Intelligence portal SUPACE
On 7th April 2021, India Today reports,
“Supreme Court embraces Artificial Intelligence, CJI Bobde says won’t let AI spill over to decision-making”.
The SC intends to make use of machine learning to deal with the vast amounts of data received at the time of filing of cases leading to the piling up of whole volumes of cases.
The speeches given by the esteemed judges at the virtual event suggest that SUPACE(Supreme Court Portal for Assistance in Courts Efficiency) will help them “address bottlenecks resulting in excessive delays” and “ease pendency” but will not take decision using the tool.
The prime court of India adopting AI is a clear sign that it does not want the piling up of huge volumes of cases to continue and provide swift justice to the Indian Citizens.
You can watch the virtual launch here-
4. Most Advanced Data Center Platform Launched in India by Intel
On 8th April 2021, Gadgets Now reports,
“Intel launches its most advanced performance data center platform in India”
It Intel’s most advanced, highest performance data center platform optimized to power the industry’s range of workloads.
The new 3rd Gen Intel Xeon scalable processors form the foundation of this data center platform. Intel claims to have improved the workload by an average of 46% by delivering a significant performance increase.
The platform comes with new capabilities including Intel SGX for built-in security, and Intel Crypto Acceleration and Intel DL Boost for AI acceleration.
5. Microsoft Collaborates with Thales Alenia Space for Satellite Image Processing
On 8th April 2021, The Hindu reports,
“Microsoft partners with Aerospace firm for automated satellite image processing”
Microsoft and aerospace firm Thales Alenia Space (TAS) are partnering to embed the latter’s automated image processing solution to Microsoft’s Azure Orbital platform.
With TAS’s DeeperVision, all images downlinked by Earth observation satellites can be immediately and systematically analyzed as soon as they are produced, the aerospace company said in a release.
Tom Keane, CVP of Azure Global at Microsoft says,
“Processing space satellite imagery at cloud-scale changes the game for our customers who need these AI/ML data insights to quickly make informed decisions for mission success”
We hope this initiative helps you keep up with the current happenings in the Data Science industry. This news brought in by Analytics Vidhya aims to add value to your data science journey by helping you understand the practical implication of the data science concepts.
Let us know in the comments if we missed any major news in the recent past that should not have been missed.You can also read this article on our Mobile APP