AgShift, a technology startup building the first ever autonomous food inspection system, has raised $2 million seed funding from India's Exfinity Ventures and other companies. The purpose of the fundraising was to bolster product development and reach more customers, to help the startup pursue its mission of reducing global food waste. "Current food inspection processes are paper-based and tedious, needing continuous personal training. Inconsistent & subjective inspections result in a loss of $15.6 billion a year for the organizations responsible -- not counting the millions of dollars in recovery costs, claim management and loss of brand reputation incurred by the companies involved," said AgShift founder and CEO Miku Jha. "At AgShift, we are re-imagining food inspection at various layers -- starting from digitizing product specifications, using a mobile-first approach for operational efficiencies to leveraging Deep Learning to make inspections autonomous. Our goal is to standardize food inspection across the entire supply chain and reduce food wastage resulting from inconsistencies in food quality interpretation."

The qualitative research study conducted by HTF MI titled "EMEA (Europe, Middle East and Africa) Artificial Intelligence (AI) Robots Market Report 2018" provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the EMEA (Europe, Middle East and Africa) Artificial Intelligence (AI) Robots market. The study provides forecasts for Artificial Intelligence (AI) Robots investments till 2022. If you are involved in the Artificial Intelligence (AI) Robots industry or intend to be, then this study will provide you comprehensive outlook. It offers a consequential analysis of the Artificial Intelligence (AI) Robots company, key tactics followed by leading manufactures and trending segments.

A report commissioned by the British Security Industry Association in 2013 concluded that 4.1–5.9 million closed-circuit television cameras are in the Britain.[2] The highest estimate amounts to one surveillance camera for every 11 people. In addition to the policy questions surrounding state-owned and private cameras, video surveillance is creating challenges for big data and machine learning. One paper has estimated that 600,000 cameras in the Chinese city of Tianjin create 50 petabytes of data every day.[3] Many surveillance systems still require human supervision. Recent advances in computer vision are, thus, seen as a important trend in video surveillance that could lead to dramatic efficiency gains.

China's Legal Daily reported today that officials in the country just shut down a major smartphone smuggling scheme. A total of 26 suspects were arrested in connection with the plot. The individuals allegedly used drones to string two cables between Shenzhen in southern China and Hong Kong and with the setup, they could reportedly transport as many as 15,000 phones in a single night. Those arrested are accused of smuggling 500 million yuan (approximately $79.5 million) worth of smartphones. Attempts to smuggle devices from Hong Kong to China are fairly common.

Sherlock Holmes, in his debut appearance in A Study in Scarlet, quipped: "It is a capital mistake to theorize before one has data." The popular discourse surrounding technology trends is dominated by buzzwords and a promise to change the world. In this scenario, decision makers find themselves struggling to differentiate between hype and reality. Acknowledging this environment, we decided to conduct a study to identify the tech innovations that enterprises should watch out for and why. We began with a list of 12 technologies, going deeper to identify the major trends.

Artificial intelligence (AI) is no longer the stuff of science fiction; it is here, and it is real. We at PwC project that AI will contribute an additional US$15.7 trillion to global GDP by 2030, an increase of 14%. The greatest economic gains will be in China and North America accounting for almost 70% of the global economic impact. Yes, robots will take some human jobs--especially those that involve repetitive tasks--but that's not the whole story. AI promises to enhance the way we live and work and, if introduced properly, offset jobs lost with new, more fulfilling ones.

Artificial intelligence (AI) is no longer going to remain the secret sauce of giant tech companies. Microsoft said that it was betting big on'democratising' artificial intelligence and making it'available to all' to help improve lives and transform businesses. Detecting deadly diseases, reducing accident risks, predicting consumer behaviour and helping farmers increase crop yields were some of the AI-based innovations that the world's largest software maker showcased along with its partners at an event here. Is it something that would be really harnessed by some of the biggest companies in the world? Who is AI for?," said Anant Maheshwari, president, Microsoft India, in his keynote address at the company's'AI for All' conference here.

Technology is an integral part of composer Kate Simko's work. As well as writing for film and television, she founded the London Electronic Orchestra, which combines classical instruments with electronic music. Every conference this year contains a dead human genius reincarnated as software system or a robot. Yes, there is a lot of hype, but there is real worth in AI and Machine Learning. Read our counseling on how to avoid adopting "black box" approach.

Foreign fourth-generation descendants of Japanese will be able to work in Japan for up to five years under a preferential visa program to be introduced this summer, the Justice Ministry said Friday. The new program applies to ethnic Japanese between 18 and 30 who have basic Japanese skills equivalent to the N4 level of the Japanese Language Proficiency Test. Applicants will also be required to have support from residents they know in Japan, such as family members or employers, who can get in touch with them at least once a month. Among those planning to apply are people who spent their childhoods in Japan with their parents before losing their jobs during the 2008 global financial crisis. Some of their parents later returned to Japan, but their grown-up fourth-generation offspring could not because the visa system only grants preferential full-time working rights and semi-permanent status to second- and third-generation descendants.

No sector or business is in any way immune from the impact of Artificial Intelligence. Global GDP will actually be 14% higher in 2030 as a result of it. This makes it the biggest commercial opportunity in today's fast changing economy. We examined the real value of AI for your business and how you can make the most of it. Broadly speaking, Artificial Intelligence (AI) is a collective term for computer systems that can sense their environment, think, learn, and take action in response to what they're sensing and their objectives. Forms of AI in use today include digital assistants and chatbots.