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7 Business Schools Exploring EdTech -- From Artificial Intelligence To Oculus Rift

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When Moocs burst onto the scene five years ago, many predicted business schools' demise. Wharton professors Christian Terwiesch and Karl Ulrich wrote Moocs are a "Trojan Horse" with the potential to "destroy" the full-time MBA. But rather than killing the campus, they have become an example of the whizzy digital innovations being embraced by even the oldest Ivy League institutions. "You can expect us to take engaged learning to another level where we implement technology. We're already moving in that direction," says Alison Davis-Blake, dean of the University Of Michigan's Ross School of Business. "Online education is one part of it," says Soumitra Dutta, dean of Cornell University's Johnson School of Management.


Facebook Opens New AI Research Center In Paris

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France has many hidden gems, and Facebook is well-aware of that. The company is building a new artificial intelligence research team in Paris in order to work on ambitious futuristic projects. The new team will work closely with existing Facebook AI Research (FAIR) teams in Menlo Park and New York on image recognition, natural language processing, speech recognition, machine learning, live translating tools and more. There are a couple of reasons behind this choice. First, France has a lot of incredibly talented researchers -- it is one of the leading countries when it comes to math, physics and robotics research.


Obama describes nightmare scenario of terrorists' nuclear drones at Washington summit

The Japan Times

NEW YORK – Terrorists flying drones to spread highly radioactive material over a civilian area: That's part of the nightmare scenario President Barack Obama urged world leaders to consider as they debated better ways of controlling nuclear material. With the aid of apocalyptic fake newscasts, Obama told the group of 50 heads of state and foreign ministers in Washington Friday to imagine that a terrorist group had bought isotopes through brokers on the so-called dark Web. One shipment was picked up in transit by radiation monitors, but others were thought to be still on the move. The terrorists were believed to be planning to use a drone to distribute the material. Would authorities react in time?


U.S. drone strike targets senior al-Shabab leader in Somalia

The Japan Times

WASHINGTON – The United States has conducted another drone strike in Somalia, targeting a senior al-Shabab leader thought to have been plotting attacks against Americans in Mogadishu, the Pentagon said Friday. The announcement came shortly before President Barack Obama offered detailed remarks about America's controversial drone program, saying some criticism of it had been "legitimate," and acknowledging there was "no doubt" the unmanned aircraft have killed innocent people in the past. Thursday's strike was conducted in cooperation with Somali officials and targeted Hassan Ali Dhoore, Pentagon press secretary Peter Cook said. The Pentagon said it was still assessing whether Dhoore had been killed. A U.S. defense official, speaking on condition of anonymity, said the strike targeted a vehicle Dhoore was riding in with two other al-Qaida-aligned al-Shabab members.


5 huge trends in big data and storage

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As cloud computing continues to disrupt traditional business models and big data continues to grow exponentially, techies and investors alike are looking for the top trends that will change how we do business in 2016 and beyond. Hybrid and public cloud services continue to rise in popularity, with investors claiming their stakes. Venture capital firms are investing most heavily in SaaS companies, proving that cloud solutions will be even more lucrative in the future. Get your company on stage at TNW Europe. While some have doubted Dropbox's ability to go public based on its 10 billion valuation, the fact that this leading SaaS company has raised 1.1 billion in six rounds of funding is pretty impressive.


The Future of Artificial Intelligence (AI)

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Artificial Intelligence (AI) is the form of intelligence that arises from machines, perceiving their environment and taking actions to maximize their chance of success for a given task. We live in a period where computer power is escalating quickly and where recent discoveries are bringing this power to the general public, often arising controversy. In this ecosystem, academia and industry define together a new paradigm to innovate and benefit humanity as a whole. Don't miss the opportunity to learn about AI in London, together with Imperial College London Innovation Forum (ICLIF). The event will be followed by a networking session with finger food and nibbles for the attendees.


Meet Little Casper, a robot designed to help children suffering from cancer

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A robot named "Little Casper" has been designed to help children in hospital suffering from cancer. It is currently being tested at this hospital in Lisbon. Little Casper is just not an ordinary robot. He was built to perceive the environment and to interact with it. Casper plays and talks; sophisticated sensors, art imaging devices and navigation systems allow him to autonomously move around, recognising young patients and avoiding obstacles.


People in refugee camps are starting to see a bot for therapy

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X2AIX2AI founders Eugene Bann (left) and Michiel Rauws (right) intrigue school children with Karim's automatic responses at Jusoor school, located within a Syrian refugee community in Al Marj, Lebanon. According to the UN, over 3 million Syrian refugees are now in neighboring Turkey, Lebanon, Jordan and Iraq, with millions more displaced within Syria. To help with this crisis, artificial intelligence startup X2AI is in the middle of a two week stay in Beirut, Lebanon, where it's piloting the use of artificial intelligence as a psychotherapy treatment for refugees. Partnering with Singularity University and the Field Innovation Team, X2AI is pitching the psychotherapy bot (named Karim) to aid workers and refugee communities. X2AIX2AI founder and CTO Eugene Bann watches on as a student from Jusoor school has a conversation with Karim in Arabic, and his first interaction with an AI.


From punch cards to smartphones

BBC News

After World War II, Britain was a hotbed of pioneering computer research. Work done on automatic ways to crack codes and spot enemy aircraft meant it had a skilled cadre of engineers and scientists equipped with the knowledge to create powerful and practical computers. The machines that resulted, the Manchester Mark I, Edsac and the Ace, are now well known. Even Colossus, a secret during wartime and for decades after, is now widely recognised as the world's first programmable, electronic digital computer. But not all the UK's pioneers and pioneering computers are as well-known.


Firm using machine learning to uncover blockchain transaction fraud raises 5M

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Elliptic, a blockchain intelligence firm that uses machine learning to root out fraudulent blockchain transactions, has raised 5 million from private equity investors. The funding round was led by Paladin Capital Group and included participation from Santander InnoVentures and others. The company uses graph analysis and machine learning to identify illicit activity in blockchain transactions, and provides a variety of compliance and securities services related to distributed ledger technology. Interactive gaming company Pivit used distributed ledger technology provided by Digital Asset Holdings to issue a portion of its latest 5 million funding round. Elliptic's technology was used to ensure that the digitally issued securities always remain under the control of Pivit and its investors.