Artificial Intelligence (AI) refers to the simulation of human intelligence processes by machines, particularly computer systems. These processes include learning (the acquisition of information and rules for using it), reasoning (the ability to solve problems through logic), and self-correction. AI encompasses a variety of subfields such as machine learning, natural language processing, robotics, and computer vision. It enables machines to perform tasks that typically require human intelligence, such as understanding language, recognizing patterns, making decisions, and adapting to new situations. AI systems can be classified as narrow AI, which is designed for specific tasks (like voice assistants or recommendation systems), or general AI, which would have the ability to perform any intellectual task that a human can do, though true general AI remains largely theoretical at this point. The development and application of AI technology have significant implications for various industries, influencing everything from healthcare and finance to transportation and entertainment.
Noxus, a UK-based startup with Portuguese roots, has raised $1.5 million in pre-seed funding. The investment was led by SFC Capital with support from Bynd Venture Capital, Altair Capital, and…