STOCKHOLM, SWEDEN – During the last century, the world shifted from manual labour to a situation where manufacturing is almost completely automated. Quality control by visual inspection is a task people are quite good at – at least, for a short period of time. It is difficult for people to stay focused for very long, and suddenly they drift off thinking of what to do in the weekend. Computers are quite the opposite. They never take a break, and can focus on the exact same task 24/7 without ever drifting away.

PREMIUM Artificial Intelligence (AI) and robotics for industry are believed to lead to increased efficiency, productivity and drive innovations.The adoption of Artificial Intelligence (AI) technology and robotics in advanced countries for business growth is spreading to Asia, with banking players bracing for the AI-based new economy, as machine learning is predicted to become mainstream in the region by 2...

HSBC is making plenty of noise about having spent $2.3 billion on improving its artificial intelligence (AI) and digital capabilities around the globe. WeChat is an "important part of our digital strategy" In an interview with South China Morning Post (SCMP), Vivek Ramachandran, head of growth and innovation for HSBC global commercial banking, said that between 2015 and 2017 the bank created new platforms and partnered with technology companies such as Tencent's WeChat. "We have found that an increasing number of clients like to use new technology to conduct bank transactions in a secure and transparent way," says Ramachandran, aka Captain Obvious. In the interview, Ramachandran says HSBC has allocated $200 million globally for investment in fintech and enterprise start-ups. He called WeChat an "important part of our digital strategy".

Co-located in Silicon Valley and Beijing, Baidu Research brings together top talent from around the world to focus on future-looking fundamental research in artificial intelligence. Our research directions include deep learning, computer vision, speech recognition and synthesis, natural language understanding, data mining and knowledge discovery, business intelligence, artificial general intelligence, high performance computing, robotics and autonomous driving. At Baidu Research, we aim to revolutionize human-machine interfaces with the latest artificial intelligence techniques. Our Deep Voice project was [...] The AAAI (Association for the Advancement of Artificial Intelligence) is one of the world's premiere artificial conferences, with annual summits [...] Today, we are excited to announce the hiring of three world-renowned artificial intelligence scientists, Dr. Kenneth Church, Dr. Jun Huan [...]

Accenture, which now has over 50 per cent of its revenues coming from digital, is betting big on Artificial Intelligence as the company feels AI has the ability to enable socio-economic development in India, unlocking at least a trillion dollars of economic value by 2035. In a conversation with BusinessLine, Rekha M Menon, Chairman and Senior Managing Director, Accenture in India, talked about how AI is transforming not just Accenture's clients but also the tech giant itself. People are worried about AI taking away their jobs, and in several instances, bots have in fact replaced humans. Should humans worry about AI taking over? AI is the'alpha' of all technology trends, and someday it will be as pervasive as electricity, truly transforming the way businesses and societies function.

The Hong Kong's Civil Aviation Authority (HKCAA) suggests that UAV users may need to register their drones with authorities, undertake training, pass tests and meet certain insurance requirements. As per the new rules, drone weighing over 9 ounces would need to be registered and the operators need to undertake short web-based training. But before making any changes, Hong Kong needs to go through a three month period of public consultation. The proposal will also include making certain parts of the island into no-fly zones. Still, there are number of countries that require proper registration and a license to fly.

UAE nationals including government officials, employees and students will soon get the opportunity to receive specialised training on artificial intelligence at the Oxford University. The MoU was signed by Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence and Roger L. Michel, founder …

A new three year agreement between the UAE and Oxford University will see Emirati officials, employees and students trained to build their skills in artificial intelligence technology through an array of specialised training courses.

LG Electronics Inc said on Sunday that it will start global sales of the 2018 editions of organic light-emitting diode (OLED) TVs, which are equipped with its Artificial Intelligence (AI) platform DeepThinQ this week. The South Korean tech giant said the new OLED TVs would hit the US market on Monday and gradually expand to countries in Europe, South America and Asia down the road, Yonhap news agency reported. LG Electronics said it would display the OLED TVs at some 500 branches of US retailer Best Buy, showcasing the company's latest Alpha 9 processor that delivers improved resolutions by optimising colour through AI technology. The company said the global market for OLED TVs is expected to reach 2.5 million units this year, rising sharply from 1.6 million units in 2017. In response to the rising demand, LG said it plans to expand the portion of OLED TVs in its portfolio to 20 per cent in 2018, up from last year's 15 per cent.