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Technology in Africa: Startup Uses AI To Create Sport News TDMB

#artificialintelligence

Our social media guy David Dhannoo remains in Africa, following on from his article last week about the rise of FinTech on the continent. Dave's technology in Africa series now looks at how a startup in Southern Africa is using artificial intelligence to source news articles. Controvert Media from Zimbabwe has implemented the use of artificial intelligence to automatically write and post news articles. They caught my attention from when they trialled their AI idea at the recent African Cup of Nations which took place Gabon. The startup used an AI bot that puts together basic reports on final match reports, taking into account the match scores, player performance data, and so on.


Deep learning: Why Now: – Africa AI

#artificialintelligence

Whenever i think about the impact that deep learning will have in Africa in the next 5–10 years from now, My curiosity and passion to understand and implements deep learning increases. Improving Agriculture yields in Africa with deep learning becomes my first focus. As a result of these reasons, it is now possible for anyone to apply deep learning techniques to real problems in a way that is both affordable and fast.


Will Smith gets flipped, turned upside down while bungee jumping at Victoria Falls

Mashable

Now this is a story all about how Will Smith got flipped, turned upside down. The award-winning actor recently checked a 20-year-old item off his bucket list by bungee jumping off of Victoria Falls in southern Africa. The falls are one of the Seven Natural Wonders of the World, giving Smith quite the view on the way down. Between the sounds of whipping wind as the actor falls more than 350 feet, Smith proclaims, "This is going to be a cool shot!" Indeed it is. 'Alien: Covenant' faux advert shows you the birth of the robot apocalypse Charlize Theron kicks ass and takes names in the NSFW'Atomic Blonde' trailer A live-action'Little Mermaid' trailer surfaces – but not from Disney


How fintechs are using AI to transform payday lending

#artificialintelligence

Fintech startups looking to disrupt payday lending are using artificial intelligence to make loans with rates as low as 6% and with default rates of 7% or less. AI can make a difference on several fronts, the startups say. It can process enormous amounts of data that traditional analytics programs can't handle, including data scraped constantly off the borrower's phone. It can find patterns of creditworthiness or lack thereof on its own, without having to be told of every clue and correlation, startups like Branch.co And the cost savings of eliminating the need for loan officers lets these companies make the loans at a profit.


LoopMe's Artificial Intelligence gets $10m funding boost Netimperative - latest digital marketing news

#artificialintelligence

Artificial intelligence advertising firm LoopMe has won an additional $10m funding, a total of $17 million to date, as machine learning becomes a vital part of digital marketing. The new funding was received from Impulse VC and Harbert European Growth Capital to support global growth and continued investment in artificial intelligence technology. Existing investors Holzbrinck Ventures and Open Ocean Capital also participated in the round. LoopMe now counts investment from UK, Germany, Finland, North America, China and Russia, signaling global support for its AI technology. LoopMe's AI technology learns how people feel about and react to advertising, and changes their advertising experience based on their individual feedback loop. Since receiving its previous round of funding in 2015, LoopMe reached profitability for the full year 2016, more than doubled its sales revenue and team size, opened offices in LA, Bangalore, Johannesburg and Moscow, and invested heavily in its technology.


Libratus AI has a good poker face

#artificialintelligence

Artificial Intelligence (AI) may have a big role in Africa's eHealth strategies. An article in Wired says it's hugely successful at poker too. From the 1940s, chess was the test of AI. It's a game of structured rules that computers could learn. To succeed, it has to outmanoeuvre other players' bluffs and intuition and deal with only partial information about the state of each game too, which aren't structured or rule-based. Libratus, built by Brown and Sandholm, two computer science researchers at Carnegie Mellon University, did it.


Airbnb pledges not to replace human community with AI

#artificialintelligence

Airbnb wants to mold its hosts into a powerful organizing force, akin to a union, to advocate on its behalf with local governments around the world and to serve as an ideological rebuke to the advances of AI at other tech firms. As part of that effort to increase engagement with hosts, CEO Brian Chesky announced today that he is embarking on a world tour, forming a host advisory board that will provide feedback to the company and sit in on one of its four annual board meetings, and do monthly check-ins with Airbnb users via Facebook Live. "I want to be held accountable to the community," Chesky, who is modifying his title to CEO and head of community, told a group of hosts gathered at Airbnb HQ. "It's incredibly important because when we sit in a room trying to make decisions, we want to make sure we're doing it for the community, not to the community." Chesky will visit London, New York, Cape Town, Delhi, and Beijing to meet with hosts over the next couple of weeks, and hinted that more changes are coming to improve customer service and host experience. Putting hosts front and center is part of Airbnb's business strategy -- after all, the company relies on people to list their homes for rent -- but it also hints at Airbnb's transition into political advocacy.


Google Doodle celebrates 13 badass women for International Women's Day

Mashable

Wednesday's Google Doodle features a lot of firsts: The first Turkish woman to compete in the Olympics. Those heroes would be Halet Çambel and Ada Lovelace, respectively. The illustration, marking International Women's Day 2017, also features the first woman in Argentina to receive a medical degree, Cecilia Grierson, and Korea's first female judge, Lee Tai-young. According to Google, the search image depicts a girl whose grandmother is sharing the life stories of 13 exceptional women in history around the world. Also among the inspirational women featured are Ida Wells, the American journalist and civil rights activist, Lotfia El Nadi, Egypt's first female pilot, and Miriam Makeba, the South African singer and civil rights activist.


Sequential Quantiles via Hermite Series Density Estimation

arXiv.org Machine Learning

Sequential quantile estimation refers to incorporating observations into quantile estimates in an incremental fashion thus furnishing an online estimate of one or more quantiles at any given point in time. Sequential quantile estimation is also known as online quantile estimation. This area is relevant to the analysis of data streams and to the one-pass analysis of massive data sets. Applications include network traffic and latency analysis, real time fraud detection and high frequency trading. We introduce new techniques for online quantile estimation based on Hermite series estimators in the settings of static quantile estimation and dynamic quantile estimation. In the static quantile estimation setting we apply the existing Gauss-Hermite expansion in a novel manner. In particular, we exploit the fact that Gauss-Hermite coefficients can be updated in a sequential manner. To treat dynamic quantile estimation we introduce a novel expansion with an exponentially weighted estimator for the Gauss-Hermite coefficients which we term the Exponentially Weighted Gauss-Hermite (EWGH) expansion. These algorithms go beyond existing sequential quantile estimation algorithms in that they allow arbitrary quantiles (as opposed to pre-specified quantiles) to be estimated at any point in time. In doing so we provide a solution to online distribution function and online quantile function estimation on data streams. In particular we derive an analytical expression for the CDF and prove consistency results for the CDF under certain conditions. In addition we analyse the associated quantile estimator. Simulation studies and tests on real data reveal the Gauss-Hermite based algorithms to be competitive with a leading existing algorithm.


Is The US Going To War In Africa? Trump Reacts To Islamic Terror By Al Qaeda, Al-Shabab In Somalia

International Business Times

President Donald Trump has ordered the U.S. military to step up in its fight against Islamic terror groups in Africa after various Al Qaeda offshoot groups have increased their militant actions in the massive continent, according to multiple reports. Somalia was named in Trump's executive order on immigration that banned travel to the U.S. from seven Muslim-majority countries. Adding a metaphorical insult to injury, three Islamic militant groups based in Mali have reportedly pledged allegiance to Al Qaeda this week, bolstering Al Qaeda's growing grip on Africa. While the U.S. government had not immediately addressed the reports of the Al Qaeda merger of sorts, experts in global conflict told the Associated Press that steps were already being taken to quell Al-Shabab's activities in the East African nation of Somalia. "The concern in Washington has been mounting for some time now," Rashid Abdi, an analyst with the International Crisis Grou "The Trump administration is simply reiterating what has been policy, with slight variations. U.S. special forces are already on the ground. Drone attacks have been scaled up."