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US Artificial Intelligence Market to Grow at a Staggering 75% CAGR Until 2021: TechSci Research /PR Newswire UK/

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According to TechSci Research report, "United States Artificial Intelligence Market, By Application, By Region, By End User Competition Forecast & Opportunities, 2011-2021", the artificial intelligence market in the US is projected to grow at a CAGR of 75% during 2016 - 2021 on account of growing artificial intelligence technology adoption in consumer electronic devices, research and developmental activities in healthcare industry, unmanned aerial vehicles, autonomous cars, etc. Moreover, venture capital investments in this sector, are in full swing, especially in the US. The country is witnessing numerous start-ups sprouting every year, backed by various angel investors and venture capitalists. Major venture capitalist active in the United States artificial intelligence market include Accel, General Catalyst Partners, GV, Work-Bench, Promus Ventures, Kleiner Perkins Caulfield & Byers, Khosla Ventures, Samsung Electronics, Wipro Technologies, Samsung Global Innovation Centre, Goldman Sachs, Bank of America Merrill Lynch, and Formation 8, among others. In 2015, western region of the United States dominated the artificial intelligence market of the country, on account of presence of major end users such as cyber security solution providers, healthcare institutes, government headquarters, etc., in the region.


FinTech business in Africa makes use of A.I & credit technology

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FinTech business in Africa makes use of A.I & credit technology. MyBucks, a German listed FinTech company that holds three brands GetBucks, GetSure and GetBanked, has said its partnership with NGO (non-governmental organisation) Opportunity International continues to take strides forward in their vision of bringing financial inclusion to the unbanked and underbanked in emerging markets – most specifically in Africa. In a move that is contrary to the current trend worldwide where banks are acquiring FinTech companies to add value and expand services, the partnership marks, according to the company, the first time a FinTech company has acquired banks to bridge the gap between the virtual and traditional worlds of banking. This is ultimately to enable faster, more efficient and less expensive access to financial services for clients. The conclusion of the acquisition of four banks and two microfinance institutions from Opportunity International will add Ghana, Tanzania and Mozambique to MyBucks' country portfolio and regulatory approval has already been granted in Kenya, Tanzania and Mozambique.


Google Now on Tap update makes it even easier to translate text

The Independent - Tech

Google's Now on Tap service is about to get even more useful with a new update that brings almost instant translation to mobile users. Google Now on Tap was one of the biggest features on Android Marshmallow when it was launched last year. By holding down their phone's home button, users can quickly access more information on what they're looking at without having to leave the app they're in. Since its initial launch, Google has been adding more functions to Google Now on Tap and the latest update brings three new features that make it even more useful as a service. Google celebrates William Morris' 182 birthday with a doodle showcasing his most famous designs Google celebrates Valentine's Day with a romantic Doodle Google celebrate Dmitri Mendeleev's 182nd birthday Google Doodle celebrates 90 years since the first demonstration of television or "the televisor" to the public Google marks St Andrew's Day 2015 with doodle featuring Scotland's flag and Loch Ness monster Google marks the 41st anniversary of the discovery of'Lucy', the name given to a collection of fossilised bones that once made up the skeleton of a hominid from the Australopithecus afarensis species, who lived in Ethiopia 3.2 million years ago The Google Doodle on 2nd November to mark George Boole's contribution to science Google celebrates Halloween 2015 using an interactive doodle game "Global Candy Cup" The most significant new feature is one that allows you to quickly and easily translate any on-screen text.


Artificial Intelligence ZA Meetup – June 2016

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The second AI ZA meetup was held on 21 June 2016 at Entelect's headquarters in Melrose Arch, Johannesburg. The event was packed with over 50 attendees eager to learn about artificial intelligence and machine learning. The goal of this meetup was to continue with a more in depth classification problem as well as run through the introductory concepts for all those that were new to the meetup. Rishal Hurbans and Hennie Brink gave a short talk on classification algorithms. The uses, advantages, and disadvantages of classification algorithms were covered.


Researchers reveal the first 'primate linguistics' monkey guide

Daily Mail - Science & tech

Linguists and primatologists have joined forces to create the groundwork for'primate linguistics,' helping to decipher the meanings behind monkey speech. The comprehensive study examines the calls of different species, analyzing the structure and placement of these vocalizations, and explains what individual calls and sequences mean. While the language of primates may not be as complex as our own, researchers say these animals demonstrate linguistic capabilities that are both'exciting and sometimes challenging.' Linguists and primatologists have joined forces to create the groundwork for'primate linguistics,' helping to decipher the meanings behind monkey speech. The study, led by an international team of researchers, was published recently in the journals Natural Language & linguistic Theory, and builds on earlier research.


Will Artificial Intelligence disrupt business? IT News Africa – Africa's Technology News Leader

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Will Artificial Intelligence disrupt business? The once-futuristic predictions about how Artificial Intelligence (AI) will impact the world are becoming reality. Legendary futurist Ray Kurzweil has imagined advanced technology delivering everything from computerised brain chips to near-total automation of industries, and we already see the signs that AI will ultimately change the way we live and work. AI, where computers behave like humans, is no longer the stuff of science fiction. In many respects, AI is like a freight train racing down the tracks.


US drone crashes in northern Syria, Air Force says

FOX News

A U.S. military drone crashed in northern Syria while carrying out a combat mission against ISIS, the Air Force said Tuesday. According to a statement, the MQ-9 Reaper drone was not brought down by enemy fire and there were no reports of civilian injuries or damage in the crash. The statement added that aircraft of the U.S.-led coalition destroyed the crashed drone before it could fall into ISIS hands. An investigation will be conducted to determin the exact cause of the crash. The Obama administration has often used unmanned aircraft to target leaders of terror groups.


Geta load of this, Chinese robot parks your car for you

Daily Mail - Science & tech

The dreaded act of parallel parking could soon become a thing of the past with Chinese inventors backing their new parking robot to take away the stress for anxious drivers. The laser-guided'Geta' (get a car) robot slides under your vehicle to pick it up. It then finds a parking space in the lot and places the car in the tightest of spots. The laser-guided'Geta' (get a car) robot slides under your vehicle to pick it up. The laser-guided'Geta' (get a car) robot slides under your vehicle to pick it up.


NLP in the Cloud: Measuring the Quality of NLP APIs

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Natural Language Processing seems to have become somewhat of a commodity in recent years. More than a few companies have sprung up that offer basic NLP capabilities through a cloud API. If you'd like to know whether a text carries a positive or negative message, or what people or companies it mentions, you can just send it to one of these black boxes, and receive the answer in less than a second. Superficially, all these NLP APIs look more or less the same. Textrazor, AlchemyAPI, Aylien, MeaningCloud and Lexalytics all offer similar services (named entity recognition, sentiment analysis, keyword extraction, topic identification, etc.), and do so through similar interfaces.


Panasonic To Invest 10 Mn For AI, Machine Learning - CXOtoday.com

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Panasonic just created a new 10 million budget for its new corporate shopping list in the areas of Artificial Intelligence (AI) and Machine Learning Technologies (MLT). The Japanese technology giant is looking at these two streams as the future beacon of change and development, for its handset business unit which currently faces an immensely competitive market in the country. The 10 million budget has been set aside for either creating joint-ventures with other enterprises, or perhaps even acquiring a few smaller ones. Pankaj Rana, Panasonic's head of mobility division in India, South-Asia, Middle-East, and Africa commented, "The budget is in tune of 10 million to start with and as we see progress on this front and things go in right direction, then there will be no constraint on the budget part. We can spend as high as possible. Some part of this budget has been generated from the India business, while some portion has been allocated from Japan."