Asia
Entrepreneur First doesn't find startups, it builds them
In a converted biscuit factory in Bermondsey, South London, 100 would-be entrepreneurs are searching for their perfect match. It's afternoon on the second day of Entrepreneur First (EF), the six-month accelerator programme that takes technically talented strangers and moulds them into co-founders. Yet although the people in the room have left jobs at Google, Credit Suisse and the University of Cambridge to be here, all the skill and will in the world are no substitute for chemistry, and between workshops on creativity and customer acquisition, the would-be entrepreneurs talk intensely and sketch out plans on MacBooks, working out if they are right for each other. "It's X Factor without the tears," says Alice Bentinck, co-founder of EF. EF is the tech accelerator that's also a training school for entrepreneurs.
Marc Carrel-Billiard Reveals the Latest in AI at Accenture
We began by considering the broad discoveries of Accenture's Technology Vision report. It reveals that '70% of executives are making significantly more investments in artificial intelligence technologies than they did in 2013'. So are there any particular industries that are taking to AI more than others? "At Accenture we see AI being adopted across all industries", Marc says. "Some disciplines are using AI more than others, but we really are seeing it across the board, and I would not say there is one industry specifically that is using AI more than another".
Google health tools aim to make it easier to self-diagnose
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
Twitter buys Magic Pony, a startup that uses robots to scan pictures
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
Airobotics raises 28.5M to pursue autonomous drone platforms for heavy industry
Drones have numerous applications in security, inspection, and other major roles at industrial facilities, but in many cases manual control is still the standard. Tel Aviv-based Airobotics aims to automate the process as an alternative to costly and involved human pilots, and has raised 28.5 million to do so. The company's solution is to provide hardware and software focused on needs specific to industry -- this isn't a drone for filming concerts or monitoring brush fires, it's for on-location missions like perimeter patrols and regular safety inspections. Of course, humans do that stuff now for the most part. But if a drone can take temperature readings of vents from 50 feet out, and check all of them every hour, why employ a full-time worker? Well, actually, because at some point you need to have human involvement -- but it doesn't need to be quite so hands-on all the time.
Artificial intelligence achieves near-human performance in diagnosing breast cancer
Pathologists have been largely diagnosing disease the same way for the past 100 years, by manually reviewing images under a microscope. But new work suggests that computers can help doctors improve accuracy and significantly change the way cancer and other diseases are diagnosed. A research team from Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical School (HMS) recently developed artificial intelligence (AI) methods aimed at training computers to interpret pathology images, with the long-term goal of building AI-powered systems to make pathologic diagnoses more accurate. "Our AI method is based on deep learning, a machine-learning algorithm used for a range of applications including speech recognition and image recognition," explained pathologist Andrew Beck, MD, PhD, Director of Bioinformatics at the Cancer Research Institute at Beth Israel Deaconess Medical Center (BIDMC) and an Associate Professor at Harvard Medical School. "This approach teaches machines to interpret the complex patterns and structure observed in real-life data by building multi-layer artificial neural networks, in a process which is thought to show similarities with the learning process that occurs in layers of neurons in the brain's neocortex, the region where thinking occurs."
Tencent buys the game company behind 'Clash of Clans'
The deal will give Tencent two of the best-selling video games in the world as it bought out League of Legends producer Riot Games last year. That title is the top-selling PC game in the world with 1.63 billion in revenue last year. Those games make a large chunk of revenue via controversial in-app purchases, rather than regular sales. The company also owns stakes in Activision Blizzard, the maker of World of Warcraft, and Gears of War developer Epic Games. Japan's Softbank is carrying over 80 billion in debt thanks in part to its 22 billion purchase of US carrier Sprint, which has been losing money for years.
Google chairman Eric Schmidt dismisses Hollywood-driven AI fears as unrealistic
We are all familiar with the doomsday scenario depicted by many modern films, when artificial intelligence goes bad and takes over the world. But this is not going to happen, according to Google chairman, Eric Schmidt, who claims that super-intelligent robots will someday help use solve problems such as population growth and climate change. During a talk in Cannes, he said AI will be developed for the benefit of humanity and there will be systems in place in case anything goes awry. Artificial intelligence will let scientists solve some of the world's'hard problems.' During a talk in Cannes, Eric Schmidt said AI will be developed for the benefit of humanity and there will be systems in place in case anything goes awry. 'We've all seen those movies,' he said.
Before dreaming about AI, get fundamentals right: Oracle
CANNES - Many a CMO is excited about the prospect of having machine-learning algorithms or artificial intelligence (AI) do the heavy lifting when it comes to harvesting actionable insights from the data onslaught. But Kevin Akeroyd, GM and SVP of Oracle Marketing Cloud, does his best to let them down easy, pointing out that there's still plenty to be done today. "Let's not get ahead of ourselves," he told Campaign Asia-Pacific on the sidelines of the Cannes Lions Festival in France. You know what, let's get you really, really good at listening and responding to data before you get yourself all hot and bothered about machine learning. In his view, many brands are not even listening to all the available data, tying it together and making an activation decision up into a consistent channel experience.
Amazon Web Services Expanding With Artificial Intelligence - GuruFocus.com
Amazon Web Services is increasingly gaining industry attention, and the company's recent hire of Alex Smola to lead the artificial intelligence initiative for AWS is expanding even more its infrastructure as a service cloud offerings. While Amazon Web Services has been around since 2006 its customer base varies widely from that of large cloud leaders Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM). Additionally, a large part of the Amazon Web Services business includes its own web business Amazon.com In the first quarter, Amazon reported sales of 29.13 billion with sales from Amazon Web Services accounting for 2.57 billion. The majority of AWS customers are startups seeking low-cost solutions without the burden of a full suite of enterprise infrastructure.