South America
AI training and social network content moderation services bring TaskUs a $250 million windfall
TaskUs, the business process outsourcing service that moderates content, annotates information and handles back office customer support for some of the world's largest tech companies, has raised $250 million in an investment from funds managed by the New York-based private equity giant, Blackstone Group. It's been ten years since TaskUs was founded with a $20,000 investment from its two co-founders, and the new deal, which values the decade-old company at $500 million before the money even comes in, is proof of how much has changed for the service in the years since it was founded. The Santa Monica-based company, which began as a browser-based virtual assistant company -- "You send us a task and we get the task done," recalled TaskUs chief executive Bryce Maddock -- is now one of the main providers in the growing field of content moderation for social networks and content annotation for training the algorithms that power artificial intelligence services around the world. "What I can tell you is we do content moderation for almost every major social network and it's the fastest growing part of our business today," Maddock said. From a network of offices spanning the globe from Mexico to Taiwan and the Philippines to the U.S., the thirty two year-old co-founders Maddock and Jaspar Weir have created a business that's largest growth stems from snuffing out the distribution of snuff films; child pornography; inappropriate political content and the trails of human trafficking from the user and advertiser generated content on some of the world's largest social networks.
Artificial Intelligence Market Size is Projected to be Around US$ 191 Billion By 2024
The Artificial Intelligence Market is segmented on the Basis of Technology Type, End-User Type and Regional Analysis. By Technology Type this market is segmented on the basis of Machine learning, Natural language processing, Image processing and Speech recognition. By End-User Type this market is segmented on the basis of Media & advertising, BFSI, IT & telecom, Retail, Healthcare, Automotive & transportation and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Dell EMC Accelerates Artificial Intelligence Adoption for Digital Transformation - insideHPC
Today Dell EMC announced new Ready Solutions for AI. With specialized designs for Machine Learning with Hadoop and Deep Learning with NVIDIA, the Dell EMC Ready Solutions simplify AI environments, deliver faster, deeper insights than the competition1, and leverage Dell EMC's proven expertise to help organizations realize the full potential of AI. There's no doubt that AI is the future, and our customers are preparing for it now," said Tom Burns, senior vice president, Networking & Solutions, Dell EMC. "Our goal is to lead the industry with the most powerful and fully-integrated AI solutions. What we're announcing today allows customers at any scale to start seeing better business outcomes and positions them for AI's increasingly important role in the future." Emerging technologies such as AI will transform lives and how people work and conduct business over the next decade. According to Dell Technologies' research with 3,800 business leaders around the globe, conducted in partnership with VansonBourne, nearly 80% of organizations will be investing in advanced AI technologies within the next five years. AI is increasingly a strategic priority for most organizations. However, deploying and managing AI workloads is complex, costly, and requires extensive integration and testing of the hardware and software. The new Dell EMC Ready Solutions for AI were built to simplify AI, deliver faster, deeper insights, and leverage Dell EMC's proven AI expertise. Organizations no longer have to individually source and piece together their own solutions. Instead, they can rely on a Dell EMC-designed and validated set of best-of-breed technologies for software – including AI frameworks and libraries – with compute, networking and storage. Dell EMC's portfolio of services from consulting to deployment, support and education helps customers drive the rapid adoption and optimization of their AI environments. In this video from the Dell EMC HPC Community Meeting, Jay Boisseau from Dell EMC describes how the company is moving forward as a thought leader in Artificial Intelligence. Dell EMC and NVIDIA engineered this deep learning design to be built around Dell EMC PowerEdge servers with NVIDIA Tesla V100 Tensor Core GPUs. AI is being driven by leaps in GPU computing power that defy the slowdown in Moore's Law," said Ian Buck, vice president and general manager, Accelerated Computing Group, NVIDIA.
Environmental expert James Lovelock says humans may have had their day and could make way for AI
Humans' time may have run out and artificial intelligence could be about to take our place on Earth, according to James Lovelock. The leading environmental thinker, who became famous for Gaia theory and is soon to turn 100, said that the Earth was in dire trouble and could soon experience intense climate-related disasters. But he still believes himself to be an optimist and thinks that new kinds of life, in the form of AI, will be ready to take over from humans. Amid a flood in Islampur, Jamalpur, Bangladesh, a woman on a raft searches for somewhere dry to take shelter. Bangladesh is one of the most vulnerable places in the world to sea level rise, which is expected to make tens of millions of people homeless by 2050.
Radio jammers saved Venezuela's president from deadly drone attack
Radio jamming systems apparently thwarted an attempted presidential assassination with improvised drone bombs in Venezuela. On Saturday 4th August, President Nicolas Maduro's speech at an outdoor rally was interrupted by two explosions. Seven soldiers on parade were injured, three critically. Others scattered while bodyguards rushed to protect the president with bulletproof shields. Witnesses reported seeing two multicopter drones which crashed into a nearby apartment building and exploded.
Venezuela to try opposition lawmakers for failed drone attack on President Nicolas Maduro
CARACAS – Venezuela's all-powerful constituent assembly was to launch proceedings Wednesday to try opposition lawmakers over a failed "attack" on President Nicolas Maduro, who also accused exiled opposition leader Julio Borges over the incident. Constituent Assembly chief Diosdado Cabello called the session to strip the lawmakers of their parliamentary immunity so they could face trial for the alleged and failed bid to kill the president. "When justice comes, it hits hard," Cabello said. Maduro and his government said the president had been targeted by two flying drones each carrying 1 kilogram (2.2 pounds) of powerful C4 plastic explosives. But details of Saturday's incident remain unclear, with conflicting information coming from various sources. The Maduro administration said Colombia -- including ex-President Juan Manuel Santos, who ended his term Tuesday -- had collaborated on the attack with the "ultra-far-right" Venezuelan opposition, and it was financed by unnamed figures in Florida.
Venezuela president ties opposition leader to drone attack
CARACAS, Venezuela – President Nicolas Maduro went on television Tuesday night to accuse one of Venezuela's most prominent opposition leaders of being linked to a weekend assassination attempt using drones. Maduro said statements by several of the six suspects already arrested pointed to involvement by Julio Borges, an opposition leader living in exile in Colombia. "Several of the declarations indicated Julio Borges. The investigations point to him," Maduro said, though he provided no details on Borges' alleged role. Critics of Maduro's socialist government had said immediately following Saturday evening's attack that they feared the unpopular leader would use the incident as an excuse to round up opposition politicians amid widespread unrest over Venezuela's devastating economic collapse.
Maduro alleges 2 opposition leaders linked to drone attack
CARACAS, Venezuela – President Nicolas Maduro has accused two opposition legislators of having roles in the drone attack that Venezuelan officials have called an assassination attempt on the leader, and his allies are moving against the accused. The head of Venezuela's pro-government constitutional assembly said he would have the body take up a proposal Wednesday to strip the lawmakers of their immunity from prosecution. During a national television broadcast Tuesday night, Maduro said statements from some of the six suspects already arrested in the weekend attack pointed to key financiers and others, including Julio Borges, one of the country's most prominent opposition leaders who is a lawmaker but is living in exile in Colombia. "Several of the declarations indicated Julio Borges. The investigations point to him," Maduro said, though he provided no details on Borges' alleged role.