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Singapore-based regulatory tech firm Tookitaki raises $26 million in funding

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SINGAPORE - Singapore-based regulatory technology firm Tookitaki has raised US$19.2 million (S$26.1 million) in Series A funding as it seeks to expand its presence in international markets. The company has received $11.7 million in investment, adding to the $7.5 million raised earlier this year. A group, led by Viola Fintech and SIG Asia Investment, was responsible for the fresh injection of funds, which will help Tookitaki increase its employee headcount across its three offices in Singapore, India and the United States by up to 100 per cent, as well as to fine-tune its products. "Our vision has always been for our compliance technology to become globally accepted by financial institutions around the world, and (the investments) put us in a better place to deliver on that vision," said Tookitaki co-founder and chief executive officer Abhishek Chatterjee on Monday (Nov 25) Tookitaki offers two artificial intelligence-powered software platforms. The first is an anti-money laundering solution that aims to help banks better monitor and detect suspicious transactions, and comply with regulatory requirements.


Full Characterization of Parikh's Relevance-Sensitive Axiom for Belief Revision

Journal of Artificial Intelligence Research

In this article, the epistemic-entrenchment and partial-meet characterizations of Parikh's relevance-sensitive axiom for belief revision, known as axiom (P), are provided. In short, axiom (P) states that, if a belief set $K$ can be divided into two disjoint compartments, and the new information $\varphi$ relates only to the first compartment, then the revision of $K$ by $\varphi$ should not affect the second compartment. Accordingly, we identify the subclass of epistemic-entrenchment and that of selection-function preorders, inducing AGM revision functions that satisfy axiom (P). Hence, together with the faithful-preorders characterization of (P) that has already been provided, Parikh's axiom is fully characterized in terms of all popular constructive models of Belief Revision. Since the notions of relevance and local change are inherent in almost all intellectual activity, the completion of the constructive view of (P) has a significant impact on many theoretical, as well as applied, domains of Artificial Intelligence.


Network Intrusion Detection based on LSTM and Feature Embedding

arXiv.org Machine Learning

Growing number of network devices and services have led to increasing demand for protective measures as hackers launch attacks to paralyze or steal information from victim systems. Intrusion Detection System (IDS) is one of the essential elements of network perimeter security which detects the attacks by inspecting network traffic packets or operating system logs. While existing works demonstrated effectiveness of various machine learning techniques, only few of them utilized the time-series information of network traffic data. Also, categorical information has not been included in neural network based approaches. In this paper, we propose network intrusion detection models based on sequential information using long short-term memory (LSTM) network and categorical information using the embedding technique. We have experimented the models with UNSW-NB15, which is a comprehensive network traffic dataset. The experiment results confirm that the proposed method improve the performance, observing binary classification accuracy of 99.72\%.


An Optimized and Energy-Efficient Parallel Implementation of Non-Iteratively Trained Recurrent Neural Networks

arXiv.org Machine Learning

Recurrent neural networks (RNN) have been successfully applied to various sequential decision-making tasks, natural language processing applications, and time-series predictions. Such networks are usually trained through back-propagation through time (BPTT) which is prohibitively expensive, especially when the length of the time dependencies and the number of hidden neurons increase. To reduce the training time, extreme learning machines (ELMs) have been recently applied to RNN training, reaching a 99\% speedup on some applications. Due to its non-iterative nature, ELM training, when parallelized, has the potential to reach higher speedups than BPTT. In this work, we present \opt, an optimized parallel RNN training algorithm based on ELM that takes advantage of the GPU shared memory and of parallel QR factorization algorithms to efficiently reach optimal solutions. The theoretical analysis of the proposed algorithm is presented on six RNN architectures, including LSTM and GRU, and its performance is empirically tested on ten time-series prediction applications. \opt~is shown to reach up to 845 times speedup over its sequential counterpart and to require up to 20x less time to train than parallel BPTT.


Trading Convergence Rate with Computational Budget in High Dimensional Bayesian Optimization

arXiv.org Machine Learning

Scaling Bayesian optimisation (BO) to high-dimensional search spaces is a active and open research problems particularly when no assumptions are made on function structure. The main reason is that at each iteration, BO requires to find global maximisation of acquisition function, which itself is a non-convex optimization problem in the original search space. With growing dimensions, the computational budget for this maximisation gets increasingly short leading to inaccurate solution of the maximisation. This inaccuracy adversely affects both the convergence and the efficiency of BO. We propose a novel approach where the acquisition function only requires maximisation on a discrete set of low dimensional subspaces embedded in the original high-dimensional search space. Our method is free of any low dimensional structure assumption on the function unlike many recent high-dimensional BO methods. Optimising acquisition function in low dimensional subspaces allows our method to obtain accurate solutions within limited computational budget. We show that in spite of this convenience, our algorithm remains convergent. In particular, cumulative regret of our algorithm only grows sub-linearly with the number of iterations. More importantly, as evident from our regret bounds, our algorithm provides a way to trade the convergence rate with the number of subspaces used in the optimisation. Finally, when the number of subspaces is "sufficiently large", our algorithm's cumulative regret is at most $\mathcal{O}^{*}(\sqrt{T\gamma_T})$ as opposed to $\mathcal{O}^{*}(\sqrt{DT\gamma_T})$ for the GP-UCB of Srinivas et al. (2012), reducing a crucial factor $\sqrt{D}$ where $D$ being the dimensional number of input space.


Device-Free User Authentication, Activity Classification and Tracking using Passive Wi-Fi Sensing: A Deep Learning Based Approach

arXiv.org Machine Learning

Abstract--Privacy issues related to video camera feeds have led to a growing need for suitable alternatives that provide functionalities such as user authentication, activity cla ssification and tracking in a noninvasive manner . Existing infrastruct ure makes Wi-Fi a possible candidate, yet, utilizing tradition al signal processing methods to extract information necessary to ful ly characterize an event by sensing weak ambient Wi-Fi signals is deemed to be challenging. This paper introduces a novel en d-to-end deep learning framework that simultaneously predic ts the identity, activity and the location of a user to create user p rofiles similar to the information provided through a video camera. The system is fully autonomous and requires zero user intervent ion unlike systems that require user-initiated initializatio n, or a user held transmitting device to facilitate the prediction. The system can also predict the trajectory of the user by predicting the location of a user over consecutive time steps. The performa nce of the system is evaluated through experiments. P ARTfrom the applications related to surveillance and defense, user identification, behaviour analysis, localization and user activity recognition have become increasingly crucial tasks due to the popularity of facilities such as cashierless stores and senior citizen residences. Current state-of-the-art techniques for passive user authentication [1], re-identification [2], activity classification [3] and trackin g [4], [5] are primarily based on video feed analysis. However, due to concerns on privacy invasion, camera videos are not deeme d to be the best choice in many practical applications. Hence, there is a growing need for noninvasive alternatives. A possible alternative being considered is ambient Wi-Fi signals, which are widely available and easily accessible.


Generative Temporal Link Prediction via Self-tokenized Sequence Modeling

arXiv.org Machine Learning

Noname manuscript No. (will be inserted by the editor) Abstract We formalize networks with evolving structures as temporal networks and propose a generative link prediction model, Generative Link Sequence Modeling (GLSM), to predict future links for temporal networks. GLSM captures the temporal link formation patterns from the observed links with a sequence modeling framework and has the ability to generate the emerging links by inferring from the probability distribution on the potential future links. To avoid overfitting caused by treating each link as a unique token, we propose a self-tokenization mechanism to transform each raw link in the network to an abstract aggregation token automatically. The self-tokenization is seamlessly integrated into the sequence modeling framework, which allows the proposed GLSM model to have the generalization capability to discover link formation patterns beyond raw link sequences. We compare GLSM with the existing state-of-art methods on five real-world datasets. The experimental results demonstrate that GLSM obtains future positive links effectively in a generative fashion while achieving the best performance (2-10% improvements on AUC) among other alternatives. Keywords Temporal link prediction, sequence modeling, recurrent neural network, self-tokenization mechanism 1 Introduction Many real-world applications could be modeled as link prediction problems. Lu Bai is the corresponding author, Email: bailucs@cufe.edu.cn 1. Central University of Finance and Economics, Beijing, P.R. China. Two mainstream categories in link prediction are either based on the statistical patterns of the link formation behaviors of the network [10, 2, 17] or the graph representation learning [31, 33] methods which embed nodes as vectors with respect to the network topological information. Most of these methods are discriminative models that verify whether an unknown link given during the test time is rational by training a classifier on existing links and negative samples [19].


Towards Universal Languages for Tractable Ontology Mediated Query Answering

arXiv.org Artificial Intelligence

An ontology language for ontology mediated query answering (OMQA-language) is universal for a family of OMQA-languages if it is the most expressive one among this family. In this paper, we focus on three families of tractable OMQA-languages, including first-order rewritable languages and languages whose data complexity of the query answering is in AC0 or PTIME. On the negative side, we prove that there is, in general, no universal language for each of these families of languages. On the positive side, we propose a novel property, the locality, to approximate the first-order rewritability, and show that there exists a language of disjunctive embedded dependencies that is universal for the family of OMQA-languages with locality. All of these results apply to OMQA with query languages such as conjunctive queries, unions of conjunctive queries and acyclic conjunctive queries.


The kinder, gentler web--AI's potential to usher in civility

#artificialintelligence

In an era of purpose-driven consumption, values--such as transparency, trust and humanness--are key drivers that unlock value in AI, new research from WP Engine finds. The firm's latest study, conducted by researchers at The University of London and Vanson Bourne, explores the present and near future of AI-driven human digital experiences on the web, and the often tenuous but also potentially rewarding relationship between consumers, brands and AI. According to IDC, worldwide spending on AI systems is forecast to reach $35.8 billion in 2019, an increase of 44 percent over the amount spent in 2018. Much of that growth will come from the application of AI online because there is a natural, evolutionary symbiosis between AI and the internet. However, it was a sudden burst of activity starting in 2013 that marks the beginning of what we might term the modern AI period, especially for digital and digital experiences, characterized predominantly by automated content creation, programmatic ad buying in 2014, and intelligent search.


Turning AI Chatbots Into Digital Humans

#artificialintelligence

The term "uncanny valley" refers to that unsettling feeling you get when looking at an android that has been made to appear human. Of course, the problem goes away when we can make robots that are indistinguishable from humans. A paper published last week by New Yawk University claims that "bots are more efficient than humans at certain human-machine interactions, but only if they are allowed to hide their non-human nature." In other words, once we're past that whole uncanny valley problem, we're better served letting people think they're interacting with a human when in fact it's just artificial intelligence perfected. This raises a very important question.