SEOUL, South Korea – Samsung Electronics says it has agreed to acquire auto-systems maker Harman for $8 billion as the South Korean giant eyes the growing market for connected cars. Samsung said in a statement Monday it will pay $112.00 per share in cash for the Stamford, CT.-based company. Overseas acquisitions are high on Samsung's agenda. Last month, the company bought artificial intelligence firm Viv Labs, founded by creators of Apple's Siri. It also recently bought a cloud service company, a mobile payments firm and a connected home startup.

Samsung Electronics says it has agreed to acquire auto-systems maker Harman for $8 billion as the South Korean giant eyes the growing market for connected cars. Samsung said in a statement Monday it will pay $112.00 per share in cash for the Stamford, CT.-based company. Overseas acquisitions are high on Samsung's agenda. Last month, the company bought artificial intelligence firm Viv Labs, founded by creators of Apple's Siri. It also recently bought a cloud service company, a mobile payments firm and a connected home startup. Harman provides connected cars and audio systems with safety and entertainment features.

Samsung Electronics says it has agreed to acquire auto-systems maker Harman for $8 billion as the South Korean giant eyes the growing market for connected cars. Samsung said in a statement Monday it will pay $112.00 per share in cash for the Stamford, CT.-based company. Overseas acquisitions are high on Samsung's agenda. Last month, the company bought artificial intelligence firm Viv Labs, founded by creators of Apple's Siri. It also recently bought a cloud service company, a mobile payments firm and a connected home startup.

Revenue was up 54% from last year and beat analysts' expectations by over $300 million. Nvidia used to be a little company making graphics chips for PCs, but it's well on the way to transforming into one of the leading computing platforms for cloud servers, machine learning, and artificial intelligence. Fortunately for Nvidia, it turns out that the kinds of tasks graphics chips are good at--like processing many, many simple calculations at the same time--are just what's needed to run analysis programs in a cloud data center, steer a self-driving car, or pilot an automated drone. Thursday brought more evidence that the company's successful transition is in full swing. Nvidia NVDA reported third quarter results that blew through Wall Street expectations, and its stock price, which had already doubled this year, rose another 15% in after-hours trading.

Wipro Cited as a Leader in Service Providers for Next-generation Oracle Application Projects by Leading Independent Research and Advisory Firm Business Wire India Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that Wipro has been cited as a "Leader" by technology global research and advisory firm Forrester Research Inc. in its report, 'The Forrester Wave(TM): Services Providers for Next-Generation Oracle Application Projects, Q3 2016'. Forrester evaluated 13 service providers across three categories of current offering, strategy and market presence. Forrester wrote, "Wipro is a proven provider making big investments in the shift to cloud. It has a long track record of delivering Oracle services ... [Wipro] was recognized by Oracle with a co-innovation award at Oracle's Collaborate conference in 2016." According to the Forrester report: "Wipro wants to be the partner of choice for tomorrow's digital businesses; it has invested in its own artificial intelligence tool, [Wipro HOLMES Artificial Intelligence Platform(TM)], and in next-generation Oracle technologies. Wipro has recently started to invest in digital experience and customer journey mapping capabilities, including its acquisition of Designit and associated studios."

RiskIQ, a startup with a new kind of security technology, has raised $30.5 million in a third round of funding. Georgian Partners led the round, with participation from existing investors Summit Partners, Battery Ventures, and MassMutual Ventures. RiskIQ notes that threats outside the firewall are vast and dynamic, so the company provides clients with access to the widest range of security intelligence and applications necessary to understand exposures and how to take action. RiskIQ is one of many companies currently applying machine learning to security. The San Francisco-based company will use this capital to expand its platform, sales, and digital risk applications.

Cape Analytics has raised $14 million to use computer vision and machine learning to improve automated property underwriting for insurance companies. Formation 8 led the round, with participation from XL Innovate, Data Collective, Lux Capital, Khosla Ventures, Promus Ventures, and Montage Ventures. The funding is one more application of machine learning and computer vision for business automation. Palo Alto, Calif.-based Cape Analytics starts with images of a home to help assess the home's value and allow an insurance carrier to deliver more accurate and fast quotes. The funding will allow Cape Analytics to expand its world-class engineering and sales teams as it brings its proprietary data to more regions and customers around the United States.

Now Amazon can clean your house and unpack the shopping too: Firm set to launch'home assistant' service According to to the ad, workers will be'working with customers each day with tidying up around the home, laundry, and helping put groceries and essentials like toilet paper and paper towels away.' Amazon.com reported a lower-than-expected quarterly profit on Thursday as expenses rose and the company provided a disappointing fourth-quarter revenue forecast. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. By posting your comment you agree to our house rules.

SoftBank also sells the Pepper human-shaped companion robot for homes and businesses, and runs a solar energy business in Japan, highlighting a critical stance against nuclear energy that has spread since the 2011 Fukushima disaster. Its investment empire encompasses financial technology and ride-booking services.

Samsung Electronics announced Sunday that it will include an artificial intelligence assistance service in its upcoming Galaxy S8 smartphones. In addition to the Galaxy smartphone, the virtual assistance will also be incorporated into other products, including home appliances and wearable technology devices, according to media reports. "Our Galaxy smartphones don't provide services that enable consumers to order pizza or coffee, but does provide third party applications. But the new AI platform will enable consumers to do things that they would usually do through a separate third party application," Samsung reportedly said in a statement. Samsung, which plans to launch the Galaxy S8 early next year, recently announced the acquisition of the San Jose, California-based AI company Viv Labs, which was founded by the creators of Apple's Siri service.