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Fintech Asia News Feed

Discover more about the world of artificial intelligence, machine learning, and blockchain through our carefully curated news feed.

01Aug 26
as-mit-spends-$3-million-on-500-ai-cameras,-students-question-facial-recognition-and-campus-surveillance

As MIT spends $3 million on 500 AI cameras, students question facial recognition and campus surveillance

AI-generated image for representation ​ Massachusetts Institute of Technology (MIT) is reportedly spending more than $3 million to install over 500 AI-powered surveillance cameras across its campus as part of a multi-phase security expansion. While the university says the project is intended to improve campus safety, students have raised concerns over facial recognition capabilities, expanded

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01Aug 26
ai-is-revolutionising-healthcare:-this-is-how-medical-liability-is-changing

AI is revolutionising healthcare: this is how medical liability is changing

Hi-Tech Healthcare From data management to defensive medicine: the implications of artificial intelligence for patient relations and the use of technology Artificial intelligence (AI) is revolutionising the healthcare sector, driving innovation and transforming the way medical services are delivered. However, the introduction of AI-based systems also raises important issues, particularly regarding medical liability in the

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01Aug 26
first-ai-driven-telescope-goes-stargazing

First AI-driven Telescope Goes Stargazing

ann26016 — Announcement 31 July 2026 An artificial intelligence system has, for the first time, successfully planned and managed observations on a national facility, demonstrating a new way to make the most of scarce observing time. Trained on 13 years of historical data, the system generated an observing schedule for the NSF Víctor M. Blanco

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01Aug 26
ai-powered-companies-are-growing-faster,-cutting-fewer-jobs

AI-Powered Companies Are Growing Faster, Cutting Fewer Jobs

Pyra AI suggests AI agents can help companies increase productivity The ongoing debate over whether artificial intelligence will eliminate jobs may be focused on the wrong question. New research by industry analysts suggests that companies making the greatest use of AI are not shrinking their workforces. They are increasing productivity while also growing headcount and

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31Jul 26
learning-depends-on-refining-existing-neural-connections-–-neuroscience-news

Learning Depends on Refining Existing Neural Connections – Neuroscience News

Summary: A study demonstrates that learning in neural networks is driven primarily by adjusting the strength of existing connections rather than by continuously expanding or reconfiguring underlying network architecture. The research team evaluated artificial neural networks trained on language-learning tasks across increasing volumes of training data. Despite marked improvements in performance, the trained networks maintained

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31Jul 26
ai-powered-software-platform-signed-to-license-agreement-with-nasa-–-military-embedded-systems

AI-powered software platform signed to license agreement with NASA – Military Embedded Systems

News July 30, 2026 Lisa Daigle Assistant Managing Editor Military Embedded Systems Stock image: Pixabay HOBOKEN, N.J. Space and defense technology company Rocket One announced that it will operate under a nonexclusive patent license agreement with the U.S. National Aeronautics and Space Administration (NASA) covering the Affordable Vehicle Avionics System (AVA), a NASA-developed technology that will

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