Ping An Insurance to Use SingularityNET's AI Solutions

Ping An is the largest insurance corporation in the world with capitalization $217B (as for January 2018)
14 March 2019   194

SingularityNET blockchain platform and the Chinese insurance corporation Ping An will cooperate in the field of artificial intelligence and launch a number of joint initiatives. This is reported in the project's blog.

As the head of Ping An's AI direction, Bai Meng, said, the company is interested in the commercial application of optical character recognition technology, cross validation and machine learning offered by the SingularityNET ecosystem.

In the future, platform solutions can be used in Ping An's AI initiatives, such as Smart City and One Minute Clinic.

Ping An is the largest insurance corporation in the world. As of January 2018, the company's capitalization was estimated at $ 217 billion. Ping An shares are included in the Hang Seng Index - a composite index of the 50 largest companies listed on the Hong Kong Stock Exchange.

At the end of 2017, SingularityNET raised $ 32.8 million on ICO. The project token has been listed on Binance cryptoexc.

Against the background of news on cooperation with Ping An, the price of the SingularityNET (AGI) token began to rise rapidly in the morning of Thursday, March 14, rising to a peak by more than 13% in a short period of time, after which it corrected somewhat.

OpenAI to Create Fake News Creating Algorithm

On the basis of one or two phrases that set the theme, it is able to “write” a fairly plausible story
18 February 2019   381

The GPT-2 algorithm, created by OpenAI for working with language and texts, turned out to be a master in creating fake news. On the basis of one or two phrases that set the theme, it is able to “compose” a fairly plausible story. For example:

  • an article about scientists who have found a herd of unicorns in the Andes;
  • news about pop star Miley Cyrus caught on shoplifting;
  • artistic text about Legolas and Gimli attacking the orcs;
  • an essay on how waste recycling harms the economy, nature, and human health.

The developers did not publish the source code of the model entirely, fearing abuse by unscrupulous users. For fellow researchers, they posted on GitHub a simplified version of the algorithm and gave a link to the preprint of the scientific article. The overall results are published on the OpenAI blog.

GPT-2 is a general purpose algorithm. The developers taught it to answer questions, “understand” the logic of a text, a sentence, finish building phrases. In this case, the algorithm worked worse than the model of a specific purpose. Researchers suggest that the indicators can be improved by expanding the training datasets and choosing computers more efficiently.