DEDHAM, MA–(Marketwired – Sep 7, 2016) – Rage Frameworks, a provider of knowledge-based automation technology and services, today announced that a leading multinational financial services firm has selected its Artificial Intelligence platform (RAGE AI) to drive improved results for its investment customers by using artificial intelligence to discover signals captured in a wide variety of data sources with Rage's innovative deep learning capabilities. RAGE AI significantly extends the frontier of deep learning and machine intelligence technology as it incorporates proprietary linguistics-based machine learning innovations to understand market developments in the context of individual companies and interpret those signals as a human would. After demonstrating via historical back-testing that the Rage AI platform repeatedly delivered returns in excess of what the firm's quantitative team was able to produce, Rage's solution was integrated in order to drive significant lift in the returns generated for the firm's clients. In fact, Rage has repeatedly shown that its deep background in computational linguistics and Natural Language Understanding can systematically discover Alpha by forming assessments of a company's financial projections that effectively predict future performance for businesses such as Wal-Mart (attached), where Rage AI predicted an upward trend in stock price months in advance. The RAGE AI platform does this by continuously interpreting unstructured content from over 100,000 sources and translating it into valuable intelligence.

On a summer day in 1968, professor Julian Stanley met a brilliant but bored 12-year-old named Joseph Bates. The Baltimore student was so far ahead of his classmates in mathematics that his parents had arranged for him to take a computer-science course at Johns Hopkins University, where Stanley taught. Having leapfrogged ahead of the adults in the class, the child kept himself busy by teaching the FORTRAN programming language to graduate students. Unsure of what to do with Bates, his computer instructor introduced him to Stanley, a researcher well known for his work in psychometrics--the study of cognitive performance. To discover more about the young prodigy's talent, Stanley gave Bates a battery of tests that included the SAT college-admissions exam, normally taken by university-bound 16- to 18-year-olds in the United States.

In the IT world it is very important to get things exactly right, unless of course you are dealing with fuzzy logic. If your banking system, for example, is out by a decimal place, this can lead to some very unhappy customers or some very happy ones and a less than happy bank. There are many areas where calculations and units of measure are vital, just ask one of the Mars exploration landing teams. Not so obvious are making sure that things like translation services are accurate, as Microsoft found out recently. The Bing search engine saw some very red-faced Redmondites when Saudi Arabian users found that "Daesh" has been translated as "Saudi Arabia". For those not familiar with the term, Daesh is one name for Isis.

The Human Choice and Computers conference is taking place in Manchester, UK and exploring themes related to technology and human intimacy. Experts from the fields of psychology, human behavior and technology are gathering to discuss the impact of tech innovations on wider society. When it comes to the emergence of AI (artificial intelligence) and "robot dolls" in particular, it is said that "robot love" could become addictive enough for it to even be able to overtake human-on-human intimacy. The fear of "The Robots Taking Over" has been well documented, and even world renowned scientist Stephen Hawking once said that "the development of full artificial intelligence could spell the end of the human race," and with any diminishing impact on real human contact, this could literally be the case. In a world where robot technology is able to achieve the same or even better results than a human can, then in the case of robot sex dolls, it could eventually lead to many also deeming amorous encounters with a robot as being better than that with another human being. Robot encounters will certainly require little to no emotional attachments, and no requirement to be rated in terms of ability.

If you had to invent the perfect place to roll out self-driving buses, Japan would be it. The country boasts an immaculate and extensive road network. Much of the aging population relies on public transport, especially in the countryside, to get around. And that customer base is shrinking; fewer passengers equals less fares. As a result, only a third of the country's bus companies are profitable, forcing regional governments to step in to support them.

Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display

If Japan, home to the world's largest public debt, wanted to save a bundle, it would close the Bank of Japan. Auctioning off its giant neo-baroque headquarter buildings around the nation and pink-slipping roughly 4,900 full-time employees would cheer Moody's and Standard & Poor's and plug holes in the national balance sheet. That's not going to happen, of course. But imagine if the BOJ had closed shop 17 years ago, right after it first cut interest rates to zero, and turned its function over to a computer program. Would the artificial-intelligence version of the BOJ be any closer to 2 percent inflation than the well-compensated humans occupying its buildings?

With autumn comes a round of media events hosted by the London Press Club, the Media Society and Polis, the LSE's media think-tank. The Press Club is devoting its first monthly gathering of the season to a seminar on artificial intelligence. Toby Simpson, chief technology officer of the global learning company Ososim, will lead the discussion. He will talk about biologically inspired intelligence, digital genetics and other aspects of machine intelligence. He has become something of a pioneer in the field after starting out in the early 90s as a creator of computer games.

No longer simply the subject of science-fiction movies, artificial intelligence is making its way into the insurance enterprise. According to Accenture, four in five insurers are planning to or have deployed some sort of artificial intelligence technology in their enterprises. Allstate Business Insurance deployed ABie -- the Allstate Business Insurance Expert -- virtual assistant to help walk agents through the quoting process for complex products. The context-aware technology understands agents inputs and is able to direct them through the process without using the call center. AIG has partnered with Human Condition Safety to deploy devices that "couples wearable technology with artificial intelligence (AI) and building information modeling."

If you had to invent the perfect place to roll out self-driving buses, Japan would be it. The country boasts an immaculate and extensive road network. Much of the aging population relies on public transport to get around, especially in the countryside. And that customer base is shrinking, bringing in less fares. As a result, only a third of the country's bus companies are profitable, forcing regional governments to step in to support them.