When applied to the S&P 500 constituents from 1992 to 2015, their stock selections generated annual returns in the double digits--whereas the highest profits were made at times of financial turmoil. In March 2016, South Korean Lee Sedol, one of the best Go players in the world, lost to the AlphaGo computer program. It was a milestone in the history of artificial intelligence because up to that point the Asian board game had been considered too complex for computers. Behind successes such as this are programs that are modelled on biological systems and are constructed in a form similar to neural networks so that they can independently extract relationships from millions of data points. 'Artificial neural networks are primarily applied to problems, where solutions cannot be formulated with explicit rules,' explains Dr. Christopher Krauss of the Chair for Statistics and Econometrics at FAU. 'Image and speech recognition are typical fields of application, such as Apple's Siri.

The idea of thinking machines may evoke thoughts of a Terminator-esque era, but the fact is that artificial intelligence, to an extent, is already a part of our lives and its presence is only set to grow. Artificial intelligence (AI) is a branch of computer science that deals with making computers simulate human intelligence. However technical and geeky that may sound, AI is a far less mundane technology than you might believe. Right from medical diagnoses to driverless cars, AI has fundamentally improved the way people consume a product, which is why marketers bet on it big time. A 2016 survey by Demandbase pointed out that over 80 percent of marketing executives believed that AI would revolutionise marketing by 2020.

Tech giants are in a race to see who can build the most powerful voice-activated assistant, but there's a side effect that we haven't considered: Kids who grow up asking Amazon's Alexa questions or summoning Siri might lose some social skills. What if artificial intelligence changes the way we talk? Experts in robotics, machine learning, and AI descended on Austin for South by Southwest this week, and the biggest questions were lifted straight from the film Her. Is it changing the way we interact with each other? Will kids think they can order around their friends the same way they tell Alexa to tell them a joke?

One of the biggest events in the tech calendar is set to take place later this month, with Samsung belatedly preparing to unveil its new flagship smartphone, the Galaxy S8. It will launch alongside the Galaxy S8, a larger model that's expected to come with many of the same features and specifications. Here's everything you need to know about the Samsung Galaxy S8 ahead of its release. 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. Japan's On-Art Corp's CEO Kazuya Kanemaru poses with his company's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' and other robots during a demonstration in Tokyo, Japan Japan's On-Art Corp's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' performs during its unveiling in Tokyo, Japan Singulato Motors co-founder and CEO Shen Haiyin poses in his company's concept car Tigercar P0 at a workshop in Beijing, China A picture shows Singulato Motors' concept car Tigercar P0 at a workshop in Beijing, China Connected company president Shigeki Tomoyama addresses a press briefing as he elaborates on Toyota's "connected strategy" in Tokyo.

Distributed planning, communication, and control algorithms for autonomous robots make up a major area of research in computer science. But in the literature on multirobot systems, security has gotten relatively short shrift. In the latest issue of the journal Autonomous Robots, researchers from MIT's Computer Science and Artificial Intelligence Laboratory and their colleagues present a new technique for preventing malicious hackers from commandeering robot teams' communication networks. The technique could provide an added layer of security in systems that encrypt communications, or an alternative in circumstances in which encryption is impractical. "The robotics community has focused on making multirobot systems autonomous and increasingly more capable by developing the science of autonomy. In some sense we have not done enough about systems-level issues like cybersecurity and privacy," says Daniela Rus, an Andrew and Erna Viterbi Professor of Electrical Engineering and Computer Science at MIT and senior author on the new paper.

For years, Facebook has been investing in artificial intelligence fields like machine learning and deep neural nets to build its core business--selling you things better than anyone else in the world. But earlier this month, the company began turning some of those AI tools to a more noble goal: stopping people from taking their own lives. But it's not just tech giants like Facebook, Instagram, and China's up-and-coming video platform Live.me who are devoting R&D to flagging self-harm. Doctors at research hospitals and even the US Department of Veterans Affairs are piloting new, AI-driven suicide-prevention platforms that capture more data than ever before. The goal: build predictive models to tailor interventions earlier.

Kyoto-based multinational consumer electronics and video game company Nintendo has planned to double the production of its gaming console Switch, according to a Wall Street Journal report published Friday. The Journal quoted Nintendo chief executive Tatsumi Kimishima as saying that the company would ship two million Switch units globally each month, but "one person familiar with production" told the Journal that 2.5 million is more likely. Switch, which was launched on March 3, 2017, has been well received by reviewers and users, and early sales looked very promising. It sums up precisely why Nintendo decided to ramp up the production to make 16 million units instead of the previously decided 8 million in the next fiscal year starting next month. Read: Nintendo Switch Sells Estimated 1.5 Million Units Worldwide In First Week Switch has matched up to the production pace of Nintendo's Wii, which was released in November 2006 and sold over 100 million units in its lifetime, according to official data released by the company.

SAP Labs in India is the second largest R&D centre for the company after its centre in Walldorf in Germany and among the 3 hubs in SAP Labs network of 19 Labs across 16 countries. Dilipkumar Khandelwal, Managing Director for SAP Labs in India, has a dual role as he is also the Executive Vice President and Global Head of Enterprise Cloud Services for SAP. Edited excerpts: What is the SAP Lab's focus here? Do you focus more on the local needs to serve SAP India or do you essentially serve global needs? SAP Labs India was founded in 1998.

We already know that algorithms are ruling the world. Consider it kind of God or Ghost from the machine powering them all, for good or evil -- you decide. Soon Machine Learning Algorithms will be able to accurately guide forward-looking business decisions and reveal behaviors never before seen. Gartner says that Automation and Machine Learning will shape the future of governments. Artificial Intelligence and Machine Learning is the Trend no 1 in Garner's Top 10 Strategic Technology Trends for 2017 Can computers really learn mom's art of cucumber sorting?

Baidu (NASDAQ:BIDU) is one of the main companies that are trying to build a strong position in the promising market of artificial intelligence. In this article, I explain why I think investing in Baidu can be also a good way to gain exposure to AI. Artificial Intelligence offers a large number of functions that can strengthen Baidu's current businesses, but also gives the company the possiblity to exploit "new" markets such as autonomous driving and AI applications for financial services and healthcare. I have been long Baidu more or less for 3 quarters but the stock hasn't gained much since I started my position. The market is still scared by the weak performance of the company's non-core divisions, while the recent need to adjust advertising practices has weighed on sales in the short-term. The core search market, despite a rise in revenue per customer, suffered from a reduction in the number of customers as a result of stricter regulations for online advertising.