Dassault Systèmes will present its 3DEXPERIENCE platform at the Farnborough International Airshow, scheduled for July 22-26, 2024, in Farnborough, England. The company will demonstrate how this platform aids the aerospace and defense industry in addressing contemporary challenges and advancing through digital technology like AI and digital twins.

During FlightSim Expo 2024, Microsoft this weekend revealed several significant advancements and new features in Flight Simulator 2024. One of the standout aspects of this development is the integration and utilization of artificial intelligence (AI) in various facets of the simulator. This way the digital twin of the world becomes even more detailed, with aspects ranging from realistic biomes to real life shipping traffic.

A new AI-based chatbot has been introduced to support users in understanding the concepts, processes, and software involved in Building Information Modeling (BIM) in Germany. Developed by Formitas AG, the “BIM-Mentor” is based on a ChatGPT extension and has been trained with basic BIM knowledge. This tool allows users to learn about the BIM methodology and assess its potential benefits for their companies.

Meta experienced a significant decrease in stock value, dropping 15% to $421.40 after the company announced a sharp increase in its investment plans for artificial intelligence (AI) technologies. This decrease removed approximately $183 billion from its market capitalization.

George Mason University has received funding from the Air Force Office of Scientific Research (AFOSR) under the Defense University Research Instrumentation Program (DURIP) to establish a pioneering neuromorphic imaging and digital twins lab. The grant, totaling $357,868, will support the creation of the Neuromorphic Imaging and Digital Twins Lab at the university’s Center for Mathematics and Artificial Intelligence (CMAI).

Formitas AG has been awarded the contract for Building Information Modeling (BIM) management of a new construction project at the Technical University of Wildau, located south of Berlin. The project, which includes the development of a data center and an accompanying laboratory building, marks a significant step in the application of BIM technologies in public sector constructions in Brandenburg.

China Medical University Hospital (CMUH) in Taiwan scored 370 out of 400 on the Healthcare Information and Management Systems Society (HIMSS) Digital Health Indicator (DHI) for the year 2023. This score positions CMUH as the first smart hospital in Taiwan to reach this level and marks its second recognition by HIMSS DHI in smart hospital initiatives.

MEDICAL IP, in collaboration with NVIDIA, has introduced a medical digital twin with simulation software. MEDIP, which operates on NVIDIA’s Omniverse platform. The MEDIP software integrates AI with digital twin technology, enabling real-time 3D modeling of medical images in a virtual environment. This technology encompasses various functionalities, including 3D visualization, VR surgery simulation, and the extension of medical images into AR/VR formats.

A recent report from MarketsandMarkets forecasts significant growth in the smart factory market, projecting an increase from USD 100.6 billion in 2024 to USD 164.0 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 10.3%. This growth trajectory is attributed to the increasing adoption of Industry 4.0 technologies, including automation, the Internet of Things (IoT), and Artificial Intelligence (AI) in manufacturing processes. These technologies are recognized for enhancing operational efficiency, reducing costs, and optimizing production.

Yesterday, NVIDIA CEO Jensen Huang made an extensive series of announcements at the GTC conference, almost exclusively designed to bolster the capabilities of generative AI. Among these announcements was the introduction of the NVIDIA Blackwell platform, a computing system specifically developed to enhance the performance of generative AI, particularly in managing large language models with trillions of parameters.