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.

The development and use of Artificial Intelligence (AI) will have both social and ethical impact. Because this technology has consequences for society, these are also key topics that need to be addressed by researchers and policymakers. And right now, the European Union is funding two projects addressing these issues under the "Science for and with Society" funding scheme: SIENNA and SHERPA, that will bring results that can help shape the ethical framework on new technological developments. During the workshop, participants will discuss a variety of topics, ranging from the application and impact of AI, and its social acceptance to standardisation efforts, ethics by design and regulatory options. The workshop is tailored to offer scientific support to policymakers to help them make informed decisions regarding the deployment and development of AI in EU funded projects.

Cylance is one of the fastest growing companies in the history of cybersecurity. By successfully applying artificial intelligence and machine learning to crack the DNA of malware, Cylance has redefined the endpoint protection market, garnered acclaim from industry analysts and won numerous awards including "Best Emerging Vendor" from SC Magazine. If you have the passion and desire to disrupt industries, protect the world from cyberattacks, and be at the forefront of a revolutionary new technology, we want you to join us! Cylance is seeking a ThreatZERO Security Consultant to deliver security services and work with customers to operationalize and optimize CylancePROTECT in the customer environment. This position will require minimal travel (less than 25%) for quarterly meetings.

Grab is more than just the leading ride-hailing and mobile payments platform in Southeast Asia. We use data and technology to improve everything from transportation to payments and financial services across a region of more than 620 million people. We work with governments, drivers, passengers, merchants, and the community, to solve critical problems in Southeast Asia. Grab began as a taxi-hailing app in 2012, but we have since extended our product platform to include GrabCar, GrabShare, GrabBike, GrabHitch, GrabExpress, GrabFood, GrabCoach, GrabShuttle, GrabCycle. We recently launched our fintech platform – GrabFinancial, which consists of payments, lending and insurance.

In'The Terminator' series of action films starring Arnold Schwarzenegger, a cybernetic organism (cyborg) is programmed from the future to go back in time and kill the mother of the scientist who leads the fight against Skynet, an artificial intelligence system that will cause a nuclear holocaust. Terrifying and at times comical ("I'll be back", "Make my day") The Terminator cyborg was among the first presentations of artificial intelligence (AI) to a global audience. While numerous facets of AI have been developed over the past couple of decades, all with positive outcomes, the fear of AI being programmed to do something devastating to the human race, of computers "going rogue", continues to persist. On the other hand, AI holds tremendous potential for benefiting humanity in ways we are only just starting to recognize. This article gives an overview of artificial intelligence including some of its most interesting manifestations. The first step is defining what we mean by artificial intelligence. One definition of AI is "the simulation of human intelligence processes by machines, especially computers." Such processes include learning by acquiring information, understanding the rules around using that information, employing reasoning to reach conclusions, and self-correcting.

It already detects an eye disease tied to diabetes and does other behind-the-scenes work like helping doctors interpret MRI scans and other imaging tests for some forms of cancer. Now, parts of the health system are starting to use it directly with patients. During some clinic and telemedicine appointments, AI-powered software asks patients initial questions about their symptoms that physicians or nurses normally pose. And an AI program featuring a talking image of the Greek philosopher Aristotle is starting to help University of Southern California students cope with stress. Researchers say this push into medicine is at an early stage, but they expect the technology to grow by helping people stay healthy, assisting doctors with tasks and doing more behind-the-scenes work.

Market Overview Artificial Intelligence in Life Sciences Market was valued at USD 902.1 million is expected to grow at a CAGR of over 21.1% during the forecast period (2019-2024). Although artificial intelligence has been in the market in the late 1950s, the technology has become commercially accessible in the past few years. The primary reason for this accelerated growth in recent years is the massive availability of data in the life sciences sector. As AI operates on large sets of data, the availability of such data becomes a key factor for establishing a suitable environment for the growth of AI-based solutions. With innovations in mobile technology and sensors, even the present day's wearables like smartwatches and fitness trackers, have enough computing power to generate and process vast amounts of data.

Increased automation of the hiring process is seeing many organisations miss out on top talent at all levels of the organisation, according to new research published by global executive search firm Carmichael Fisher. Examining the use of AI in typical candidate selection processes, the report's aim was to identify the areas of hiring that were putting off candidates, as well as where technology could be better utilised. Authored by James Wright in association with the West East Institute (WEI), the findings of'The impact of artificial intelligence within the recruitment industry: defining a new way of recruiting' paper were presented recently at the Harvard Faculty Club in Boston, USA which played host to the 2019 WEI International Academic Conference on Business, Economics, Management and Finance Key among them was that nine out of 10 job seekers reject the notion of artificial intelligence being used to parse CV's. Accordingly, 86 per cent of respondents would prefer their application to be reviewed by a human, rather than an applicant tracking system. Interestingly, most candidates said they would not want a business to make a hiring decision based on their CV alone.

Weather-related downtime is one of the most problematic and cost-escalating aspects of any construction process, severely impacting and involving all elements and parties involved. In the UK, approximately 20% of overall build budget is lost due to weather delay. Meanwhile, planning, building and construction are driving to integrate innovative digital technology. The aim is to integrate machine learning where updated data is continuously analysed, providing guidance to everyone involved in a development about what should be done at any given stage. With a platform utilising meteorology, mathematics and machine learning to instantly interrogate intelligent weather data, MetSwift's award-winning AI – developed for weather and natcat risk calculation – brings smart digital tech to counter downtime.

Book review Everyday AI has the approximate intelligence of an earthworm, according to Janelle Shane, a research scientist at the University of Colorado but better known as an AI blogger. Since AI is both complicated and massively hyped, and therefore widely misunderstood, her new book is a useful corrective. You Look Like a Thing and I love You is both funny and annoying. It is based partly on content from the author's AI Weirdness blog, where she recounts what happens when you use artificial intelligence for unusual purposes. Examples include creating chat-up lines (one result being the title of the book), writing recipes, telling jokes, sorting tasty sandwiches from disgusting ones, or creating robots for crowd control.