China said on Saturday it had agreed with the United States on a $30 billion reciprocal tariff-reduction arrangement and on launching a dialogue on AI, under an eight-point consensus reached during President Xi Jinping's visit to Washington. The two sides have also agreed to set up a trade council and extend the outcomes of earlier talks in Kuala Lumpur, the Chinese Foreign Ministry said. The agreement follows an earlier move by the world's two largest economies to extend by two months a trade truce that had been due to expire on November 10, allowing more time to work on a potentially bigger trade deal, US Treasury Secretary Scott Bessent said on Wednesday. Read: US, China buy time with trade truce as pressure builds The three-day summit between Xi and President Donald Trump, which ended on Friday, showcased personal diplomacy rather than big public breakthroughs. Xi has since landed in Beijing, Chinese state news agency Xinhua reported on Saturday. On a...
An AI-powered tool developed by Telstra Health and RMIT University is transforming the way aged care facilities monitor and manage residents' health by predicting risks such as falls, depression, and mortality. With nearly half a million older Australians relying on aged care services as of June 30, 2023, the sector faces immense pressure to provide high-quality care. In response, the collaboration between Telstra Health, RMIT University, and the Digital Health Cooperative Research Centre has resulted in an AI-driven tool designed to predict health risks and improve care outcomes in aged care settings. Dr. Tabinda Sarwar, the project lead and data scientist from RMIT University, highlights the significance of the tool in alleviating the strain on nursing staff. "The tool is capable of automatically monitoring both structured and free-text electronic patient records for 36 evidence-based indicators of deterioration," Dr. Sarwar explains. "These indicators help predict...