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An Artificial Intelligence Retrospective Analysis Of IBM 2017 Q1 Earnings Call

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Our AI Analytics is based on symbolic logic and propositional calculus. In other words, our algorithm discovers symbols that represent some level of importance based on propositional logic to drive a causational model. The causational model seeks out supporting context surrounding these situations. Thus, for each of the points, we expect AI to tell us the rationale. In a nutshell, the AI part of the analysis is to read the transcript like a human researcher and bring out positive points, negative points, and points with both positive and negative aspects. It does so in an objective way using Meta-Vision.


SoftBank Acquires Boston Dynamics and Schaft

IEEE Spectrum Robotics

We knew that Masayoshi Son, founder and CEO of telecom giant SoftBank, loved robots. Now the Japanese billionaire is about to significantly expand his collection. Minutes ago, SoftBank announced that it will be acquiring Boston Dynamics and Schaft for an undisclosed sum, in order to "collaborate in advancing the development of smart robotics technologies." Boston Dynamics and Schaft were two of the nine robot companies that Google acquired in 2013 to form the core of its robotics division, headed by Android founder Andy Rubin. As far as anyone could tell, not much happened after all those companies became part of Google, and not much continued to happen through 2016, much to the frustration of roboticists everywhere.


DeepMind to cut UK's energy bill by 10% using artificial intelligence Access AI

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The AI company is in the early stages of partnering with the UK's National Grid DeepMind is in talks with the UK's National Grid to boost energy efficiency using artificial intelligence. The AI company, acquired by Google for ยฃ400 million in 2014, has developed algorithms that can anticipate energy demand and supply. These algorithms are already being used within Google's own data centres, allowing the tech giant to cut energy by 40%, but they are now in talks with the National Grid, which owns and operates energy infrastructure across the UK. DeepMind is offering AI-powered solutions that could help balance energy supply and demand across the nation. "We're early stages talking to National Grid and other big providers about how we could look at the sorts of problems they have," Demis Hassabis, DeepMind's co-founder and CEO, told the Financial Times.


Self-Driving Car Tech Firm Mobileye First-Quarter Profit, Revenue Jump

U.S. News

The company said it posted new advanced driver system wins, forged alliances with new partners and moved forward with its proprietary high-definition mapping project by signing definitive collaboration deals with several major automakers.


Uber on path to profitability as head of finance Gautam Gupta departs

The Independent - Tech

Uber said its head of finance is leaving, and the privately held ride-hailing company also said that its first-quarter loss narrowed substantially from the prior quarter, putting it on a path toward profitability. Head of finance Gautam Gupta is leaving in July to join another startup in San Francisco, the company said, making Gupta the latest high-profile executive to leave Uber. Uber, which has been rocked by several high-level executive departures in the past few months as it grapples with a series of controversies, has been looking for a chief operating officer to help change its now-notorious "bro" culture. Gupta's exit sets the stage for a second major executive search, now for a chief financial officer who has public company experience. About a dozen top executives have left Uber since February.


The state of AI adoption in media - Digiday

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The duopoly has gobbled up artificial intelligence startups, and it's hungry for more. Research released earlier this month by CB Insights found it acquired 34 AI startups in the first quarter of 2017, which more than doubled the total acquired during the same period last year and easily surpassed the previous high of 28, which came in the third quarter of last year. Last week, Axios reported that Google has launched an AI-specific venture fund, one that's overseen by engineers rather than venture capitalists, to hand out investments up to $10 million. The big picture โ€ข Google's parent, Alphabet, has acquired 11 AI startups over the past five years, the most of any public company. Apple is next, with seven, followed by Facebook and Intel, with five apiece.


Tesla Model 3's radical single screen dashboard revealed

Daily Mail - Science & tech

Anticipation is growing for the July release of Tesla's'affordable' $35,000 Model 3. Now, the latest shots of Telsa testing the car may have revealed one of its final secrets - what the interior will look like. The shots, taken near Tesla's headquarters in Palo Alto, California, reveal the car has a single screen and no traditional instruments. Musk had previously addressed the issue of no traditional dashboard display, tell users who asked for one'You won't care' before confirming the car won't use a heads up display either. A new comparison of models on Tesla's own site confirms the spec, saying the Model 3 will only have a single 15inch display, while the more expensive Model S has a separate'driver display'. According to Teslerati, 'The latest photos gives us a clearer look at the landscape-mounted touchscreen, which resembles an off-the-shelf computer monitor that's been bolted onto the dashboard.'


The Next Three Years: A Critical Inflection Point For Digital Transformation [VIDEO]

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According to the 2016 Global CEO Outlook from Forbes Insights, "the force and speed with which technological innovation are moving through the economy is creating an inflection point for the business sector." And with only 5% of organizations mastering their digital strategies to the point of differentiation from their competitors, there is much work to be done. At the heart of this shift resides embedded technologies such as artificial intelligence, machine learning, Big Data analytics, the Internet of Things, and blockchain. In their MIT Sloan Management Review article, "Thriving in an Increasingly Digital Ecosystem," Peter Weill and Stephanie L. Woerner shared that businesses with 50% or more of their revenues from digital ecosystems achieve 32% higher revenue growth and 27% higher profit margins. For example, Trenitalia announced last year that they improved their customer experience by proactively and detecting machine failures with predictive maintenance.


Nvidia solidifying dominance in AI-use chips- Nikkei Asian Review

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Its name may not be familiar to ordinary consumers, but U.S. chipmaker Nvidia is cementing its position as a major player in artificial intelligence applications with its graphics processing units. Highlighting its potential, a 10 trillion yen ($89.9 billion) investment fund which Japan's SoftBank Group recently set up jointly with the Saudi Arabian government and other entities has decided to buy an equity stake worth about 400 billion yen in Nvidia. An autonomous-driving Lincoln MKZ equipped with Nvidia technology gives a demonstration ride during the 2017 CES in Las Vegas, Nevada, on Jan. 5. Reuters An autonomous-driving Lincoln MKZ equipped with Nvidia technology gives a demonstration ride during the 2017 CES in Las Vegas, Nevada, on Jan. 5. Reuters Nvidia has a large presence in self-driving technology, where it has gained a dominant position. It is regarded as a likely favorite to grow into a chip industry behemoth in the medium-to-long term. The fund's acquisition plan reflects Softbank Chairman and CEO Masayoshi Son's aim to invest in companies that support growth industries at the fundamental level in a long-term perspective.


Ford to sack CEO and senior bosses in new push to build self-driving cars

The Guardian

Ford is to install the head of its driverless cars division as chief executive, as the company that pioneered the assembly line looks to the next stage of the industry's evolution. The Detroit-based carmaker is expected to sack the chief executive, Mark Fields, and overhaul its senior management team, according to a report from Forbes. The reported changes come amid growing misgivings among investors about the company's recent financial performance and its future prospects. Fields will be replaced by Jim Hackett, who runs the "smart mobility" unit that houses Ford's autonomous vehicle projects and is said to be highly rated by executive chairman Bill Ford Jr. Ford's shares have fallen by 37% during Fields' tenure,and has now been overtaken in stock market value by newcomer Tesla, which specialises in electric cars and is testing driverless vehicles. The 114-year-old company has also been outpaced by traditional rivals such as General Motors, which posted rising first-quarter profit earlier this year, even as Ford's own earnings slumped. Hackett's appointment indicates a firmer commitment to driverless vehicles from the company whose founder Henry Ford pioneered the assembly line production method that dominated the 20th century.