Private sector lender Kotak Mahindra Bank has started an'Innovation Lab' in Bengaluru to tap into the best technology that impacts its operations, and is open to investing in startups, a senior company official has said. "We started an'Innovation Lab' recently which is right now a dedicated space from where we are partnering with startups in the fintech space to test concepts and launch them into commercial products," Kotak Bank's Chief Digital Officer Deepak Sharma told PTI. The fourth largest private sector bank has put together a seven-member core team, which is working with an equal number of startups in the artificial intelligence, analytics, biometric or iris scanning and machine learning space. A bulk of the startups are Bengaluru-based, while two are from the US and Australia, Sharma said. Domestic lenders, especially those in the private sector, have been increasing their engagement with the fledgling fintech startup community to tap into the technologies of the future which will help them stay relevant.

IBM's Watson has done everything from winning at Jeopardy to cooking exotic meals, but it appears to have accomplished its greatest feat yet: saving a life. University of Tokyo doctors report that the artificial intelligence diagnosed a 60-year-old woman's rare form of leukemia that had been incorrectly identified months earlier. The analytical machine took just 10 minutes to compare the patient's genetic changes with a database of 20 million cancer research papers, delivering an accurate diagnosis and leading to proper treatment that had proven elusive. Watson has also identified another rare form of leukemia in another patient, the university says.

One approach to solving hard problems is to break them into computationally efficient parts. For instance, Globerson/Jaakkola do approximate counting by decomposing graph into planar graphs. In each part, the problem reduces to perfect matchings which can be solved efficiently on planar graph. Sontag/Jaakola solve subproblems on star-shaped subgraphs of original graph, the symmetry of star graph enabling a very fast solution to each subproblem. I recently came across graph class database which gives information on thousands of graph classes.

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

The private spaceflight company landed its Falcon 9 rocket for the sixth time in the last eight months early Sunday morning (Aug. The two-stage Falcon 9 lifted off from Florida's Cape Canaveral Air Force Station at 1:26 a.m. EDT (0526 GMT) Sunday, carrying JCSAT-16 toward a distant geosynchronous transfer orbit (GTO). Less than 9 minutes later, the rocket's first stage came back for a pinpoint landing on the deck of a robotic ship called Of Course I Still Love You, which was stationed in the Atlantic Ocean a few hundred miles off the Florida coast. A textbook touchdown had been anything but guaranteed. "Given this mission's GTO destination, the first stage will be subject to extreme velocities and re-entry heating, making a successful landing challenging," SpaceX representatives wrote in a pre-launch JCSAT-16 press kit.

This story originally appeared on Slate and is reproduced here as part of the Climate Desk collaboration. Every election cycle, science gets the short end of the stick. So a collective of scientists--56 scientific organizations representing 10 million scientists and engineers and spearheaded by the American Association for the Advancement of Science--tries to engage them in a debate by compiling a list of science-based questions, soliciting answers and publishing them. This year should be particularly interesting. As has been pointed out before, the two major presidential candidates this year hold vastly different views on science-related issues.

BAE Systems is looking for a Machine Learning and Signal Processing Research Engineer to join their Cognitive RF research group. The cognitive RF group works on programs and problems that involve machine learning, optimization, detection & estimation, information theory, deep learning, and adaptive decision and control. These technologies are applied to a number of different RF domains, such as cognitive communications, radar, electronic warfare (EW), spectrum sensing, SIGINT, to name a few. The Cognitive RF research group is part of BAE Systems' Technology Solutions division which is heavily involved in advanced research concepts primarily from the various government research labs and organizations, including DARPA and IARPA. Members of the group are involved in the entire cycle of research development, from the initial concept ideation and program shaping with potential customers and new business pursuits through the execution and transition of research concepts to BAE Systems' business areas and products.

This guest article was written by Dr. Cleber Gomes who is an Electronic Engineer with a Ph.D. from Tokyo University of Technology and Agriculture. As we approach the date of the Impeachment vote in Brazil, it might be interesting to take a look at how the Brazilian stock market behaves. In this article, I propose to do that from the point of view of Trend Following Algorithms. To exemplify, I will present the results acquired from my own Trend Following System, which is based on Machine Learning technologies, specifically Neural Networks. Take the lead from today's leaders.

The use of data within an organisation to improve elements of the business such as the supply chain, improve decision making, and to make cost savings, is becoming more widely accepted as being vital. It is vital in respect to the business remaining competitive, vital to remaining relevant, and vital to the future of the business. One of the industries that has been looking significantly at the use of its data is the manufacturing industry, and stepping back one level to the steel industry. Magnitogorsk Iron and Steel Works (MMK), is the third largest steel company in Russia with a revenue of 9.3bn. Established in 1870, the company has taken to using machine learning technology from Yandex Data Factory to creative a competitive advantage that will see it being competitive for years to come.

The next Machine Intelligence Summit will take place in New York on 9-10 November, to explore how AI will impact transport, manufacturing, healthcare, retail and more. Early Bird tickets are now available for this event - for more information and to register, visit the event page here. See the full events list here for events focused on AI, Deep Learning and Machine Intelligence taking place in London, Amsterdam, Boston, San Francisco, New York and Singapore.