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E-commerce search startup Twiggle scores 12.5M Series A led by Naspers

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Search engines on large e-commerce sites often spit up a lot of results, which is great if you want to browse, but otherwise annoying. Twiggle thinks it has the solution. Internet conglomerate Naspers agrees, because it has led the Tel Aviv-based startup's 12.5 million Series A. Yahoo Japan, State of Mind Ventures (a returning investor), and Sir Ronald Cohen also participated in the round. Twiggle, which has raised 14.7 million so far, will launch on several e-commerce sites in August. It hasn't revealed who its clients are yet, but they will include other Naspers portfolio companies.


Satya Nadella on why you'll love Cortana, how cars are like data centers, and what's spurring all these global startups

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Microsoft CEO Satya Nadella has reshaped the company since taking over two years ago. Windows is still important, but it's no longer the only platform that matters: Microsoft is releasing software and supporting app development for Apple's iOS, Google's Android, and even its old enemy Linux. The infighting and aggressive dismissal of competitors is mostly gone. And Nadella has embraced cloud computing -- the idea that some customers don't want to run their own technology but would prefer to outsource it -- turning Microsoft into the clear No. 2 in the category after Amazon. We caught up with Nadella fresh off the company's Build conference for developers last week in San Francisco and ahead of the new Envision conference for business leaders, which kicks off Monday in New Orleans. Matt Rosoff: There was a lot of talk last week at Build about chatbots and artificial agents and "conversation as a platform." That idea is not new, right? I think I heard Bill Gates talking about it 15 years ago.


A Dynamic Bayesian Network Model for Inventory Level Estimation in Retail Marketing

arXiv.org Machine Learning

Many retailers today employ inventory management systems based on Re-Order Point Policies, most of which rely on the assumption that all decreases in product inventory levels result from product sales. Unfortunately, it usually happens that small but random quantities of the product get lost, stolen or broken without record as time passes, e.g., as a consequence of shoplifting. This is usual for retailers handling large varieties of inexpensive products, e.g., grocery stores. In turn, over time these discrepancies lead to stock freezing problems (see Ref. [1]), i.e., situations where the system believes the stock is above the reorder point but the actual stock is at zero, and so no replenishments or sales occur. Motivated by these issues, we model the interaction between sales, losses, replenishments and inventory levels as a Dynamic Bayesian Network (DBN), where the inventory levels are unobserved (i.e., hidden) variables we wish to estimate. We present an Expectation-Maximization (EM) algorithm to estimate the parameters of the sale and loss distributions, which relies on solving a one-dimensional dynamic program for the E-step and on solving two separate one-dimensional nonlinear programs for the M-step.


Obama says U.S. drone strikes killed civilians 'that shouldn't have been'

PBS NewsHour

U.S. President Barack Obama speaks during a conference at Buenos Aires' Town Hall, March 23, 2016. WASHINGTON -- President Barack Obama acknowledged Friday that "civilians were killed that shouldn't have been" in past U.S. drone strikes, but said the administration is now "very cautious" about striking where women or children are present. Obama was asked at a news conference about an increase in the number of people targeted in drone strikes against extremists in Libya, Syria, Somalia and elsewhere. "In the past, there was legitimate criticism that the legal architecture around the use of drone strikes wasn't as precise as it should have been," Obama said. "There's no doubt that civilians were killed that shouldn't have been."


i314 - HOME - ARTIFICIAL INTELLIGENCE

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We train and implement sofisticated AI Models and develop effective software for real time and Big Data applications. We are very commited with AI and Open Source Community, so we are hosting ".aR - Grupo de Usuario de R Argentina" and "Quants Argentina for Algorithmic Trading and Quantitative Finance. All our developments are Open Source based, mainly in R, Python, C/C, NoSQL databases, Hadoop and Spark.


10 Remarkable But Scary Developments In Artificial Intelligence - Listverse

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Stephen Hawking, Bill Gates, and Elon Musk have something in common, and it's not wealth or intelligence. They' re all terrified of the AI takeover. Also called the AI apocalypse, the AI takeover is a hypothetical scenario where artificially intelligent machines become the dominant life-form on Earth. It could be that robots rise and become our overlords, or worse, they exterminate mankind and claim Earth as their own. But can the AI Apocalypse really happen?


Meet Siraj Khaliq, Partner at Atomico - Artificial Intelligence Online

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I went to school in Cambridge University in England, then went to Stanford to do my master's around 2000. I met up with Sergey Brin around then when Google was a tiny company and he invited me to join Google. So I started working part-time for Google. It was a fantastic time at the company--200 people, one building, and bright, idealistic, change-the-world kind of people. Naturally, when I finished my master's I joined full-time.


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.


Insights into Inbenta โ€“ Providing Artificial Intelligence for the Enterprise

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I recently had the opportunity to learn more about Inbenta, a provider of Natural Language Search technology for intelligent assistant and web self-service technologies. I spoke with global marketing director Julie Casson and Kelly Foster, linguist, to gain insight into a company I didn't know much about. Inbenta originated in Barcelona, and now has offices in the United States, France, Singapore, Brazil and the Netherlands. Casson and Foster are located at the office in Sunnyvale, California. Prior to our conversation, I knew that Inbenta offers intelligent assistant technology and an extremely innovative 3D avatar, called Victoria.


Global Artificial Intelligence Market Analysis & Trends 2013-2016 - Industry Forecast to 2025 - Research and Markets

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DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Artificial Intelligence Market Analysis & Trends - Industry Forecast to 2025" report to their offering. The Global Artificial Intelligence Market is poised to grow at a CAGR of around 44.3% over the next decade to reach approximately 23.4 billion by 2025. This industry report analyzes the global markets for Artificial Intelligence across all the given segments on global as well as regional levels presented in the research scope. It presents historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.