Move over, managers, there's a new boss in the office: artificial intelligence. The same technology that enables a navigation app to find the most efficient route to your destination or lets an online store recommend products based on past purchases is on the verge of transforming the office--promising to remake how we look for job candidates, get the most out of workers and keep our best workers on the job. These applications aim to analyze a vast amount of data and search for patterns--broadening managers' options and helping them systematize processes that are often driven simply by instinct. And just like shopping sites, the AIs are designed to learn from experience to get an ever-better idea of what managers want. A company can provide a job description, and AI will collect and crunch data from a variety of sources to find people with the right talents, with experience to match--candidates who might never have thought of applying to the company, and whom the company might never have thought of seeking out.

In the consumer report, we are number one once again and just like the Q7, in the consumer report it also occupies the first position as the best luxury SUV. And I think this power of the brand makes it possible for us to grow significantly. There are couple of models which have not even be launched yet in this market, models which we already know here, for instance the S4, the A5, and the entirely new A5 Sportback. They are now being launched in the United States. All new models for this market, and I assume that this year once again we are going to experience very solid growth in the United States. And the question so whether we spend more money for this? I can tell you we even spend less money in form of sales discounts because of the powerful brand and the relatively young product portfolio. So you would take the second part?

We surveyed 835 executives in companies (average revenue of $20 billion and median of $2.8 billion) from 13 industries across North America, Europe, Asia-Pacific, and Latin America. North America Firms in the region spent most on AI in 2015: $80 million on average. Europe European firms are catching up: they plan to invest $80 million on average (26% more than North America) in 2016. Latin America Companies here achieved the biggest revenue gains and the highest cost reduction through AI, while investing less than other regions. Asia-Pacific Companies invested $55 million, on average, in AI in 2015.

An automated test vehicle equipped with Bosch technology. On the heels of Intel's $15.3 billion plan to buy computer vision powerhouse Mobileye to lock in a big piece of the automated car tech market, Nvidia and Bosch are teaming up to make an AI-enabled computer that can be mass-produced to serve as the brains for driverless vehicles. The Silicon Valley maker of graphics processors and its new German partner, which ranks among the world's largest auto parts makers, will develop a computer that utilizes Nvidia's deep learning software and Drive PX processor, Bosch CEO Volkmar Denner announced at Bosch's ConnectedWorld conference in Berlin. Financial details for the project weren't included in their statement, and Nvidia and Bosch both declined to elaborate. "Bosch will build automotive-grade systems for the mass production of autonomous cars," Nvidia CEO and founder Jen-Hsun Huang said in the statement.

Trading and broking firms line up each floor of the 29-storeyed BSE building. Located on the Dalal Street, the building is also one of the tallest in'South Bombay.' A typical trading shop looks like a small cabin area housing 4 to 5 desks with computers. During market hours, traders can be seen glued to the computer monitors and TV. However, there is something happening on the 18th floor of the building which could impact the jobs of these trading houses.

London, March 15: Sixty-eight per cent of organisations use artificial intelligence (AI) for IT functions, but 70 per cent believe AIs greatest impact by 2020 will be in marketing, customer service, finance and HR, a new study said on Wednesday. According to global IT consulting firm Tata Consultancy Services (TCS), organisations with the greatest financial improvements from AI investments expect three times as many new AI-related roles by 2020 as compared to companies with smallest improvements. "Given the increasing digital disruption across every industry and the public sector, AI should become a key and integrated component of an organisation's strategy," said K Ananth Krishnan, Chief Technology Officer of TCS, in a statement. Eighty-four per cent of companies see the use of AI as "essential" to competitiveness, with a further 50 per cent seeing the technology as "transformative". Financial investments in AI are set to rise, as seven per cent of companies each earmarked at least $250 million toward AI in 2016 and two per cent already plan to invest more than $1 billion by 2020, likely looking to gain a competitive advantage as early adopters, the findings showed.

LONDON MUMBAI, March 15, 2017: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today unveiled its Global Trend Study titled, "Getting Smarter by the Day: How AI is Elevating the Performance of Global Companies." Focused on the current and future impact of Artificial Intelligence (AI), the study polled 835 executives across 13 global industry sectors in four regions of the world, finding that 84% of companies see the use of AI as "essential" to competitiveness, with a further 50% seeing the technology as "transformative." Exploring the views and actions of decision makers from global companies with average revenues of $20 billion, the study revealed AI is spreading across almost all areas of a company. The biggest adopters of AI today are, not surprisingly, IT departments, with two-thirds (67%) of survey respondents using AI to detect security intrusions, user issues and deliver automation. However, by 2020, almost a third (32%) of companies believe AI's greatest impact will be in sales, marketing or customer service, while one in five (20%) see AI's impact being largest in non-customer facing corporate functions, including finance, strategic planning, corporate development, and HR.

A new press release reports, "Intel Corporation and Mobileye N.V. today announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. Pursuant to the agreement, a subsidiary of Intel will commence a tender offer to acquire all of the issued and outstanding ordinary shares of Mobileye for $63.54 per share in cash, representing an equity value of approximately $15.3 billion and an enterprise value of $14.7 billion." The release continues, "The combination is expected to accelerate innovation for the automotive industry and position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030. This transaction extends Intel's strategy to invest in data-intensive market opportunities that build on the company's strengths in computing and connectivity from the cloud, through the network, to the device."

A key area of AI intervention in logistical operations involves adaptive scheduling of deliveries and routing of vehicles. Advanced logistics and supply chains are being created using expert decision systems. Products can be transported more efficiently through vision-based driver assist and automated/robotic systems. This has made transportation less susceptible to disruptions caused by weather, traffic and unnatural events. Some of the major areas of application of AI in the banking and financial services sector include early detection of financial risk and systemic failures, and automation to reduce malicious intent in financial systems, such as market manipulation, fraud, anomalous trading and reduction in market volatility and trading costs.

A Japanese company has created an unusual new service that lets customers book fake friends to pose with them in photos intended for social media, according to reports. Real Appeal was created by Family Romance as a means for Facebook and Instagram users to appear more popular online than they actually might be. Customers can choose one or more fake friends from a photo catalogue, according to RocketNews24, and can specify certain characteristics, such as gender, age and fashion sense. 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.