The topic of machine learning-enabled artificial intelligence (AI) is gaining increasing visibility in the world of investment management. Of particular interest is the application of AI to the development of smarter robo-advisers that some hope, while others fear, will yield'intelligent' and cost-effective investment management advice. This topic was raised by investment professionals during the recent CFA Institute travelling conference that went to Central and Eastern Europe and the Middle East. AI has also been the subject of a recent European Commission (EC) consultation document, to which CFA Institute submitted a response. For the uninitiated, some quick defining of terms could be helpful.

Yesterday, IBM opened its first Machine Learning Hub in Bengaluru. The company hopes that the Hub will allow engineers, data professionals, business analysts and organizations to greatly benefit and learn through collaboration with like-minded organisations. IBM says that various enterprises will now have an opportunity to work closely with IBM data experts to understand the technology to analyze, visualize and interpret data. The Bengaluru ML hub is an addition to IBM's growing ML Hubs, similar to the ones in Toronto, San Jose, California, Beijing, Boblingen, and at IBM's Silicon Valley Lab. According to IBM, their experts will also assist visitors build and test rapid, scalable prototypes for fast deployment of their models.

A new video game console will let people play classic NES games in high-definition, just the latest product to seize on the frenzy for retro gaming. Titled the RES Plus, the red and black console is designed to run original NES cartridges in high definition, enabling players to experience their favourite 8-bit games "like never before." The system supports both AV and HDMI output, and will play games designed for the Nintendo Entertainment System in 720p resolution. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.

Summary: Just how accurate are algorithms at spotting fake news and are we ready to turn them loose to suppress material they don't find credible. Here are some considerations and stories about some of the companies trying to build these fact-checkers. Which of the following headlines is fake? The first two are in fact fake. You may actually have seen them during last fall's election coverage.

Need an assistant to help cook family dinner, or that dessert recipe you've been dying to try? Amazon's Alexa is ready to help. Tech expert Kim Komando shows you how. Is there any company that can keep up with Amazon's different ventures? Cooking is a social activity. Kids help in the kitchen.

While EMMA is a relatively simple application, developers are thinking bigger as well: Today's cognitive technologies can track the course, speed, and destination of nearly 2,000 airliners at a time, allowing them to fly safely.4 Over time, AI will spawn massive changes in the public sector, transforming how government employees get work done. It's likely to eliminate some jobs, lead to the redesign of countless others, and create entirely new professions.5 In the near term, our analysis suggests, large government job losses are unlikely. But cognitive technologies will change the nature of many jobs--both what gets done and how workers go about doing it--freeing up to one quarter of many workers' time to focus on other activities.

Whether you're familiar with machine learning or not, we want Clarifai to be a great place to discover what developers and businesses are doing with visual recognition technology. We want to help connect you to the right people and the right resources to spark something new, or answer any questions you may have about machine learning and computer vision. And if you create or blog something you'd like us to share, just tag #Clarifai or reach out to us on social! This month, the creative force was strong in our community. From using celebrity recognition to cast actors as historical figures to Shazam-ing the NYC Highline art exhibits, we've got something for everyone in this roundup - read on!

A Chinese supercomputer has created the largest ever digital version of the cosmos. Sunway TaihuLight, the world's fastest computer, has modelled the birth and early expansion of the universe using 10 trillion digital particles, a new report claims. The supercomputer modelled these particles interacting with one another using quadrillions of calculations per second to model the cosmos. Sunway TaihuLight (pictured), the world's fastest computer, has modelled the birth and early expansion of the universe using 10 trillion digital particles, a new report claims In astronomy, researchers simulate the universe by breaking down its mass into particles. A supercomputer can simulate these interactions using quadrillions of calculations per second.

Prashant Natarajan is Director of Product Strategy at Oracle, where he is responsible for business strategy, product management, and go-to market solutions for a portfolio of informatics products & cloud services for population health, precision medicine, interoperability, and integrated little big data analytics. Prashant received his chemical engineering degree from Mangalore University (India) in 1998 and his master's degree in technical and professional communications from Auburn University (USA) in 2005. He is a prior recipient of the SBC/Chancellor's Endowed Fellowship for graduate research. Prashant is a lead author or contributor to 4 books on analytics, machine learning & AI, and precision medicine. He serves on the Board of Advisors for Council for Affordable Health Coverage.

Apple has accidentally leaked almost all the major details of its new phone. The company mistakenly put secret code up online and developers have spent the last week combing through it to find references to the new phone, which is coming in September. And they haven't been disappointed. But it was also a secret version of the operating system, not meant to be given to the public – meaning that it hadn't been scrubbed of its references to secret features r products. One of those was the iPhone, referred to in the code as D22.