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Japan store operator Cainz to set up fund to invest in AI tech in Silicon Valley

The Japan Times

Do-it-yourself store operator Cainz Corp. will set up a fund in Silicon Valley to invest in startups with artificial intelligence and other technologies, according to President Masayuki Takaya. "We'll create a foothold in the U.S. West Coast to tap technologies of local startups," Takaya said in a recent interview. Cainz will launch the $10 million fund later this month, hoping to gain access to sophisticated technologies in a bid to develop smartphone-based services and rationalize its store operations. It is unusual for a Japanese retailer to create an investment fund for such purposes abroad. Cainz will select businesses it will invest in by teaming up with a U.S. investment company that has a deep knowledge of startups with advanced technologies good for use in retailing, Takaya said.


RxSwift Unit Testing and Machine Learning on iOS Devices

#artificialintelligence

Venturing the world of RxSwift unit testing Reactive programming is an emerging discipline that allows to write declarative, asynchronous and concurrent code in a functional way and is continuously gaining popularity and adoption. In this talk we will wander in the unexplored pathways of RxSwift testing infrastructure. Specifically, we will look into the key aspects of testing RxSwift code and we will analyze the different ways to unit test observable streams through a simple sign in form. Eleni Papanikolopoulou, iOS Developer @ Workable: l am an iOS Developer based in Athens. I have been working at Workable, the recruiting software company, for the past three years and hold a Master's degree in Computer Science from University of Manchester, UK.


Funding of $5.5m announced for machine learning for geothermal work

#artificialintelligence

University of Southern California (Los Angeles, CA): Developing novel data-driven predictive models for integration into real-time fault detection and diagnosis, and integrate those models by using predictive control algorithms to improve the efficiency of energy production operations in a geothermal power plant. The project will develop deep dynamic neural networks for fault prediction and predictive process control workflows to improve the efficiency of geothermal operations. Upflow Limited (Taupo, New Zealand): Making available multiple decades of closely-guarded production data from one of the world's longest operating geothermal fields, and combining it with the archives from the largest geothermal company operating in the U.S. Models developed from this massive data store will enable the creation of a prediction/recommendation engine that will help operators improve plant availability. Colorado School of Mines (Golden, CO): Applying new machine learning techniques to analyze remote-sensing images, with the goal of developing a process to identify the presence of blind geothermal resources based on surface characteristics. Colorado School of Mines will develop a methodology to automatically label data from hyperspectral images of Brady's Hot Springs, Desert Rock, and the Salton Sea.


Sales Enablement tools powered by Machine Learning and AI Artificial intelligence

#artificialintelligence

After a decade of Sales Enablement vendors having to optimize their experiences for mobile, now almost every new vendor seems to have a Machine Learning (ML) or Artificial Intelligence (AI) story to tell. Here my list of Sales Enablement tools powered by โ€“ or at least integrating โ€“ ML / AI (obviously most uses of the term Artificial Intelligence are talking about Machine Learning). Sales Enablement: Transform your sales strategy with impactful sales enablement applications to sell more. "Sales teams rely on our AI-powered WinScores, Opportunity Insights and Opportunity Maps to take control of pipeline and deliver better, more predictable outcomes." Aviso's AI-powered platform for sales helps close more deals. The company's mobile, AI-powered sales enablement automation platform's user experience empowers reps to more effectively engage with customers & prospects & encourages team-wide adoption. Customers include AT&T, ThermoFisher, Merck, ANZ Bank.


We don't see AI opportunity

#artificialintelligence

If a picture tells a thousand words, these are the two jostling foremost in a patient's mind when a radiologist scans their body for a better image of that suspicious lump or mass. But there is so much more a picture can tell us about cancer, particularly if we consider the possibilities of artificial intelligence. In 2017, US scientists announced they had developed an algorithm, or a computerised tool, to identify skin cancers through analysis of photographs. The algorithm scans a photo of a patch of skin to look for common forms of skin cancer, performing on par with board-certified dermatologists in identifying malignant melanomas (the third most common cancer in Australia) and keratinocyte carcinoma. This technology might enable skin cancer detection in country clinics and suburban GPs' offices at the highest accuracy available.


First, Fire All The Brokers: How Lemonade, A Millennial-Loved Fintech Unicorn, Is Disrupting The Insurance Business

#artificialintelligence

In the summer of 2017, a Los Angeles man in his mid-20s put on a necklace, blond wig and makeup and made a cellphone video describing how his camera and other electronics had been stolen. He submitted the video to his renters insurance provider, Lemonade, which paid the $677 claim in two days. Three months later, dressed in jeans and a T-shirt and using a different name, email address and phone number, the same man submitted a video claim for a stolen $5,000 camera. But this time, the algorithms that are a crucial part of Lemonade's highly automated systems flagged the claim as suspicious. Last year, the persistent fraudster, this time wearing a pink dress, tried again, only to be foiled once more by Lemonade's computers.


15 Insane Things That Correlate With Each Other

#artificialintelligence

More? Check out the book! Discover a correlation: find new correlations. Go to the next page of charts, and keep clicking "next" to get through all 30,000. Or for something totally different, here is a pet project: When is the next time something cool will happen in space? Discover a correlation: find new correlations.


Old Evaluation Systems Are Inadequate For AI Health Care And Drug Development Ecosystem

#artificialintelligence

Early stage startups are assessed using 100 parameters. Advanced stage companies are assessed using more than 300 settings. Nowadays there is a storm of news about the use of AI technology in the broader field of health care because of its cosmogenic activity to reshape it. Long established organizations, as well as newly founded startups, compete with each other who will catch the train of innovation to reach first the station of significant results. The weakest companies need the right financial boosting that will turn their idea into an innovative product or service.


MIT CSAIL details technique for shrinking neural networks without compromising accuracy

#artificialintelligence

Deep neural nets are often quite large and require correspondingly large corpora, and training them can take days on even the priciest of purpose-built hardware. But it might not have to be that way. In a new study ("The Lottery Ticket Hypothesis: Finding Sparse, Trainable Neural Networks") published by scientists at MIT's Computer Science and Artificial Intelligence Lab (CSAIL), deep neural networks are shown to contain subnets that are up to 10 times smaller than the entire network, but which are capable of being trained to make equally precise predictions, in some cases more quickly than the originals. The work is scheduled to be presented at the International Conference on Learning Representations (ICLR) in New Orleans, where it was named one of the conference's top two papers out of roughly 1,600 submissions. "If the initial network didn't have to be that big in the first place, why can't you just create one that's the right size at the beginning?" said PhD student and coauthor Jonathan Frankle in a statement.


VIDEO: Artificial intelligence could enhance cardiac imaging, AF detection

#artificialintelligence

In this video exclusive, Mark J. Day, PhD, MBA, MS, BSc, discusses the benefits of artificial intelligence and how its impact on medical imaging can be vital to cardiologists. Day, the executive vice president, research & development for iRhythm Technologies, Inc., said, the greatest potential impact for AI is in detecting AF. "We know right now that there's on the order of around 1 million patients in the U.S. alone walking around without understanding that they have AF," Day said. "There's a considerable stroke risk with that population, the problem being that they're spread across the entire population. The reality is with that prevalence in the population, we need technologies that are very capable of interpreting very large amounts of data and being very accurate." Day highlighted topics related to findings based on a study published in Nature Medicine on cardiologist-level arrhythmia detection and the use of computerized ECG.