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AI Technology Drastically Cuts Treatment Time for Cancer Radiotherapy

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AI Technology Drastically Cuts Treatment Time for Cancer Radiotherapy

Artificial intelligence (AI) technology has emerged as a game-changer in the field of cancer radiotherapy. With the ability to significantly reduce the waiting time for patients, this cutting-edge technology is set to be offered at cost price to all NHS trusts in England. By precisely calculating the direction of therapeutic radiation beams, AI helps doctors in targeting cancerous cells while sparing as many healthy ones as possible.

For over a decade, researchers at Addenbrooke’s Hospital have been working tirelessly to develop this groundbreaking AI program. Collaborating with Microsoft, they trained the AI program, called InnerEye, using data from previous patients. Traditionally, doctors spend between 25 minutes and two hours contouring or outlining bones and organs on around 100 scan cross-sections for each patient. However, InnerEye accelerates this process by working two and a half times faster.

The significance of this technology becomes apparent when considering the treatment of sensitive areas such as the prostate gland, head, and neck cancers. In these cases, medical professionals aim to avoid damaging nearby organs like the bladder or rectum, which can lead to lifelong continence issues. Dr. Raj Jena, a leading expert at Addenbrooke’s Hospital, explains, “That can get so bad that a patient’s life becomes dominated by that. I know patients where they’ve got a map of the cities that they’re going to, so they know where all the loos are.”

The collaboration between Addenbrooke’s Hospital and Microsoft has resulted in a breakthrough technology that significantly reduces the time required for contouring. While doctors typically spend hours carefully contouring scan images, the AI program completes the task much faster, allowing medical professionals to focus on other crucial aspects of patient care.

“We are very excited about the potential of AI in replacing some processes and procedures, including within diagnostics and cancer therapy,” states Dr. Katharine Halliday, President of the Royal College of Radiologists. AI has the capability to speed up the diagnostic process, enabling doctors to catch diseases earlier and providing patients with the best possible chance of recovery.

It is important to note that the AI program is not intended to replace clinical radiologists, but rather to enhance their capabilities. While doctors still review and verify the contours drawn by the AI program, it has demonstrated an impressive accuracy rate of approximately 90%. Clinicians approve the AI’s work without any corrections about two-thirds of the time. This high level of accuracy has even led some consultants to prefer the AI’s work over that of their human colleagues.

“AI shows great promise and will certainly help free up time for a workforce under strain, but it cannot replace highly trained and skilled professionals,” emphasizes Dr. Halliday. AI, with its data-driven insights and accuracy, complements the expertise of clinical radiologists, making it a formidable force in patient care.

The development of this AI program marks a significant milestone in the NHS’s investment in AI projects. As the first NHS-developed AI program released as a medical-imaging device, InnerEye represents a major step forward in leveraging AI for improving patient outcomes. The NHS Artificial Intelligence Laboratory provided £500,000 in funding to Addenbrooke’s Hospital for the necessary safety checks and evaluations.

Now, the program is being made available to a manufacturer who has agreed to provide other NHS trusts access to the cloud-based technology at cost price. This initiative demonstrates the commitment of the NHS to harness the potential of AI and ensure that cutting-edge technologies are accessible to all patients across England.

The integration of AI in cancer radiotherapy is undoubtedly transforming the landscape of patient care. By reducing the time spent on contouring and improving the accuracy of treatment planning, AI empowers doctors to deliver more precise and efficient therapies. Patients can benefit from minimized side effects and an improved quality of life during and after treatment.

As AI continues to evolve and revolutionize healthcare, it is crucial to strike a balance between the advancements brought by technology and the irreplaceable expertise of medical professionals. The combination of AI and clinical radiologists holds the potential to drive significant improvements in patient care, catching diseases earlier, and offering optimal chances of recovery.

With the NHS leading the way in AI implementation, we can expect to witness further innovations and breakthroughs in cancer treatment and diagnostics. As AI becomes an integral part of healthcare, it is poised to enhance patient outcomes and revolutionize the future of medicine.

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Fintech Kennek raises $12.5M seed round to digitize lending

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London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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