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Encouraging robot uptake through Europe's network of Digital Innovation Hubs
A recent report by the OECD showed that Europe is only capitalising on a fraction (12%) of its digital potential. Most companies limit their digital use to email and internet. Small and Medium Sized Enterprises (SMEs) are particularly slow to integrate digital technologies. The recent Digital Economy and Society Index Report found that "Less than a fifth of companies in the EU-28 are highly digitised" and that "Use of robots is low on an EU level, with 6.7% of all enterprises using industrial or service robots. The share of large enterprises that use robots is four times higher than the share of SMEs."
AppZen raises $50 million to automate expense reporting with AI
Expense reporting is a time-consuming chore. Just ask the folks at Concur, who estimate that it takes 20 minutes on average to complete a single report and 18 minutes to correct an erroneous one. That's why Anant Kale and Kunal Verma set out to find a better way with AI, which seven years ago evolved into automated expensing startup AppZen. A little less than a year after raising $35 million in venture capital, San Jose, California-based AppZen today revealed that it recently closed a $50 million series C round led by Coatue Management, with participation from investors Redpoint Ventures and Lightspeed Venture Partners. The fresh funds bring the startup's total raised to over $100 million, which CEO Kale says will accelerate its mission to become the top AI platform to reduce spend, comply with policies, and streamline processes. AppZen recently surpassed the 1,500 customer mark, attracting nearly a third of Fortune 500 companies and quintupling revenue in the process.
Uizard scores $2.8M seed round for its app wireframe to prototype dev tool โ TechCrunch
Uizard, the Copenhagen-based startup that is using "machine intelligence" to quickly turn app sketches into prototypes, has raised $2.8 million in seed funding. The round is led by Nordic VC firm byFounders, with participation from LDV Capital, av8 Ventures, and New York Venture Partners. A number of individuals are also investing, including Scott Kurnit, Julia Qiu, Lars Houbak, and Alex Spiro. Aiming to accelerate the ideation phase of website and app design, Uizard says it legerages "advanced" machine learning and computer vision to turn a simple sketch into a basic prototype for almost immediate testing. Sketched can be drawn with pen and paper, photographed, and then uploaded to Uizard for the AI to do its work.
Using Artificial Intelligence to Better Predict Severe Weather
However, with increasingly expanding weather data sets and looming deadlines, it is nearly impossible for them to monitor all storm formations -- especially smaller-scale ones -- in real time. Now, there is a computer model that can help forecasters recognize potential severe storms more quickly and accurately, thanks to a team of researchers at Penn State, AccuWeather, Inc., and the University of Almerรญa in Spain. They have developed a framework based on machine learning linear classifiers -- a kind of artificial intelligence -- that detects rotational movements in clouds from satellite images that might have otherwise gone unnoticed. This AI solution ran on the Bridges supercomputer at the Pittsburgh Supercomputing Center. In their study, the researchers analyzed more than 50,000 historical U.S. weather satellite images.
Leela Chess outrageous Thorn Pawn Strategy KomodoMCTS vs Leela TCEC Season 16
FIDE CM Kingscrusher goes over Leela Chess outrageous Thorn Pawn Strategy KomodoMCTS vs Leela TCEC Season 16 Play turn style chess at http://bit.ly/chessworld FIDE CM Kingscrusher goes over amazing games of Chess every day, with a focus recently on chess champions such as Magnus Carlsen or even games of Neural Networks which are opening up new concepts for how chess could be played more effectively. The Game qualities that kingscrusher looks for are generally amazing games with some awesome or astonishing features to them. Many brilliant games are being played every year in Chess and this channel helps to find and explain them in a clear way. There are classic games, crushing and dynamic games. There are exceptionally elegant games.
Government to invest over ยฃ130 million in new tech to tackle cancer and debilitating illnesses
People across the country could lead healthier and longer lives following significant government investment in new research to improve treatment, diagnosis and care options for devastating diseases including cancer. The government has today (9 September) unveiled details of how it will help thousands of people across the country living with debilitating, painful and/or sometimes life-threatening diseases by investing ยฃ133 million in life-changing treatments for arthritis and cancer and for pioneering gene-based therapies for diseases including dementia and Parkinson's. Faster, more accurate diagnosis, and earlier interventions will be boosted by ยฃ50 million to be pumped into NHS diagnostic services and support the work of existing Centres of Excellence in digital pathology and imaging with artificial intelligence. The centres โ based in Leeds, Oxford, Coventry and London โ will be able to partner with more NHS Trusts and further develop cutting edge products using digital systems and artificial intelligence that could ultimately save lives. Adult social care will also receive a new cash injection of ยฃ7.5 million to use research to improve care delivery for some of the most vulnerable people in our society and ยฃ14 million for bioscience projects and technologies across the UK that could, for example, treat osteoarthritis and develop new vaccines.
Custom Machine Learning Recipes for the Enterprise
Your RSVP on the meetup page will not count as an RSVP to the event. Join us as we discuss Custom Machine Learning Recipes for the Enterprise, and an AI-enabled Smart Pricing approach to a manufacturing use-case. We came up with machine learning based smart pricing approach to tackle 100,000 spare parts in which the solution was implemented in real-time and currently in use to help the pricing team. The same solution was adopted in 5 different countries with minimal work. This project is one of the top 4 projects in Nasscom under Engineering innovation.
AI and Pharma: A modern duel
Drug discovery and development has a long history and dates back to the early days of human civilization. In those ancient times, drugs were not just used for physical remedies but were also associated with religious and spiritual healing. Many early medicinal treatments originated in China, as early as 3500 BC, and many of these early recipes are still available today. Indian folk remedies also existed 3000 to 5000 years ago, and are referred to as Ayurvedic medicine. Some Ayurvedic ingredients are still used in Western medicine today.
29 Of The UK's Most Exciting AI Startups Race To Scale
The UK is currently third in the world for raising investment in AI and second for the number of AI companies in operation during 2019 (Crunchbase data). Still, 89% of the AI ecosystem in the UK consists of startups with 50 or fewer employees. Starting is not an issue, scaling is. "For the UK to maintain its authority in AI, we need to nurture scalable, globally-competitive, homegrown AI companies that solve real problems. Yet, the pool of AI-focused companies that achieve this beyond Series A remains slim, despite the hype, and the path to scale is uniquely challenging," comments Harry Davies, Applied AI Lead at Tech Nation.