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Hunter Biden's BHR owns stake in Chinese company blacklisted by US

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Rep. Will Hurd (R-TX) discusses how President Trump calling on China to investigate 2020 presidential candidate Joe Biden could have an impact on U.S.-China trade talks. The Trump administration has put Hunter Biden's business dealings in its crosshairs. One of the 27 Chinese companies the Commerce Department added to its so-called entity list of firms barred from doing business with the U.S. is Megvii Technology, a business in which BHR, the cross-border investment arm of China's Bohai Industrial Investment Fund, owns a stake in. Biden and his father, Vice President Joe Biden -- who's seeking the Democratic Party's nomination to run against Trump -- have come under scrutiny over the younger man's business dealings in Ukraine. House Democrats are conducting an impeachment inquiry into a whistleblower's claim that the president asked the Ukrainian government to investigate Hunter Biden's work there in the hopes of generating ammunition for his 2020 reelection campaign.


Straker Translations on Twitter

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The Japanese language is wonderfully unique, complex & can be one of the hardest languages to learn. So how well does machine translation handle the Japanese language? Have a read of our latest blog to find out.


Austin funding news: Artificial intelligence and real estate top recent local investments

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Austin-based robotics company Diligent Robotics has secured $3 million in seed funding, according to company database Crunchbase, topping the city's recent funding headlines. The cash infusion was announced Oct. 1 and led by Ubiquity Ventures. According to its Crunchbase profile, "Diligent Robotics [creates] robot assistants that assist people with chores... Moxi is our hospital robot assistant that helps clinical teams with their routine, non-patient facing tasks so they have more time for patient care." The three-year-old startup has raised two previous funding rounds, including a $2.1 million seed round in 2018. The round brings total funding raised by Austin companies in artificial intelligence over the past month to $35 million.


AI startups on pace to break funding records in 2019

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Artificial intelligence's potential to transform a growing range of industries has venture capitalists writing checks to promising startups at a rate that will likely set a new record in 2019 for the industry. According to the Q3 2019 data from the National Venture Capital Association, 965 AI-related companies in the U.S. have raised $13.5 billion in venture capital through the first 9 months of this year. That should eclipse the 1,281 companies that raised $16.8 billion in 2018, according to the 3Q 2019 PitchBook-NVCA Venture Monitor. In a sign of the sector's relative youth, NVCA also notes that the average deal size and valuations still tend to fluctuate quite a bit from quarter to quarter. That suggests the numbers can still be skewed by the occasional mega-round for an AI startup.


Find Out Why Artificial Intelligence in Diabetes Management Market is thriving worldwide by top key players like Livongo Health, medicsen, Medtronic, PredictBGL, Sensyne Health plc., Apple Inc., Diabnext, DreaMed Diabetes, Ltd. – Market Expert24

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The geriatric populace and unfortunate way of life is one of the main factor in charge of diabetes among the diabetic patients. As per WHO, the significant area of the world is analyzed from sort 2 diabetes to a substantial degree. This can be another significant factor decidedly adding to the development of this market in not so distant future. Different programming organizations are thinking of new strategy to oversee and control diabetes through applications, this can be another key factor activating development of the worldwide market for man-made brainpower in diabetes the board in coming years. Additionally, expanding selection of cell phones among the general population enables the organizations to create application for overseeing and controlling diabetes through explicit application.


AI Startup Working To Target Cancer, Age-Related Disease Gets $37 Million Nod From Top VCs

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The founder of an up and coming artificial intelligence (AI) company said targeting disease is a challenging if not herculean process, and it will take the science and skills of AI to conquer it. But it also takes a ton of money. That's why Insilico Medicine CEO Alex Zhavoronkov said his latest list of venture capitalists (VCs) are so crucial. They give an enormous amount of credibility to the new technology his company is developing . Finding the biological origin of a disease--the potential target for intervention--is the first step in discovering medicines to combat that disease.


A Mass Power Outage, Twitter's Data Misuse, and More News

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Massive power outages won't save California, Twitter misused your two-factor authentication data, and scientists now know where lightning strikes twice (as much as anywhere else). Here's the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Power shutoffs can't save California from wildfire hell On Wednesday night, PG&E started shuting off power for hundreds of thousands of California residents in an effort to prevent wildfires during a high-wind period. Though this may be necessary as a stopgap, shutoffs won't save California from wildfires entirely.


NSF Funds Transformational AI Research Program

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The U.S. National Science Foundation has announced the creation of a new program that will significantly advance research in AI and accelerate the development of transformational, AI-powered innovation by allowing researchers to focus on larger-scale, longer-term research. The National Artificial Intelligence Research Institutes program anticipates approximately $120 million in grants next year to fund planning grants and up to six research institutes in order to advance AI research and create national nexus points for U.S. universities, federal agencies, industries, and nonprofits. "Advances in AI are progressing rapidly and demonstrating the potential to transform our lives," says NSF Director France Córdova. "This landmark investment will further AI research and workforce development, allowing us to accelerate the development of transformational technologies and catalyze markets of the future." "The National Science Foundation is at the cutting edge when it comes to this Administration's efforts to prioritize AI research and development. These institutes will advance our national strategy for U.S. leadership in AI, leverage important multisector R&D partnerships, and support groundbreaking AI innovation for the benefit of the American people," says Michael Kratsios, Chief Technology Officer of the United States, The White House.


Using Machine Learning to Hunt Down Cybercriminals

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"This is a key first step in being able to shed light on serial hijackers' behavior," says MIT Ph.D. candidate Cecilia Testart. Hijacking IP addresses is an increasingly popular form of cyber-attack. This is done for a range of reasons, from sending spam and malware to stealing Bitcoin. It's estimated that in 2017 alone, routing incidents such as IP hijacks affected more than 10 percent of all the world's routing domains. There have been major incidents at Amazon and Google and even in nation-states -- a study last year suggested that a Chinese telecom company used the approach to gather intelligence on western countries by rerouting their Internet traffic through China.


The United States strikes a blow to China's AI ambitions

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Washington this week targeted Chinese facial recognition startups SenseTime, Megvii and Yitu over national security concerns and foreign policy interests, aggravating the clash between the two economic superpowers over who will dominate the technologies of the future. SenseTime is the second-most valuable artificial intelligence startup in the world, with investments from tech giants SoftBank (SFTBF) and Alibaba (BABA) and a private market valuation of $7.5 billion, according to CB Insights. Megvii and Yitu are worth $4 billion and $2.4 billion respectively, according to CB Insights. The three tech startups, along with a handful of other Chinese firms like AI-driven surveillance camera maker Hikvision and voice recognition firm iFlyTek, are now banned from buying US products or importing American technology. The US Commerce Department added them to a trade blacklist this week, saying the companies had been implicated in human rights violations against Uyghurs and other members of Muslim minority groups in Xinjiang.