Samsung has agreed to acquire Viv, an AI and assistant system co-founded by Dag Kittlaus, Adam Cheyer and Chris Brigham -- who created Siri, which was acquired by Apple in 2010. The three left Apple in the years after the acquisition and founded Viv in 2012. Pricing information was not available, but we'll check around. Viv has been billed as a more extensible, powerful version of Siri. Viv will continue to operate as an independent company that will provide services to Samsung and its platforms.

NVIDIA's (NASDAQ:NVDA) quarterly revenues have been surging at double-digit rates in the last three quarters and, looking at the guidance for the next quarter, it's clear that the company is expecting the growth rate to continue unabated in the near future. One of the key factors that has added fuel to their engines is NVIDIA's new growth drivers: the data center segment and auto segment. In the most recent quarter, NVIDIA's data center unit reported 151 million in sales, a growth of 109.72% The growth in data center revenues is much higher than other segments, and there are several reasons why this growth can, in fact, continue its breakneck pace for several more quarters. NVIDIA's expertise in the GPU segment has given it a range of must-have products for hyperscale data centers.

Looking at Apple's latest shopping list, there no denying the fact that Tim Cook has big plans for the artificial intelligence industry. What seems like a shopping spree, only months after buying Turi, and also recollecting that Apple bought Perceptio at the end of 2015, rumors of the firm buying another machine learning startup have resurfaced. This time it's India/US based machine learning startup called Tuplejump. Though the representative from Apple neither denied nor acknowledged the buzz going around, but they didn't either shy away from giving their standard response when they do acquire a company: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." The Hyderabad-based firm helps companies to store, process and visualise big data.

Alphabet Inc's Google has renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company's latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business. Discussing the rebranded Google Cloud, Diane Greene, senior vice president of Google's enterprise business, said the company has made good progress courting customers and improving its technology. Cloud computing uses remote internet servers to store, manage and process data, and Google offers a range of apps like word processing and email, as well as the ability to host data and offer resources for developers. The new name replaces the Google for Work brand. "We are closing the gap incredibly fast" with competitors, Greene, a former CEO of VMware who joined Google last year to ramp up its cloud business, told experts and journalists at an event.

Reorganizing itself under the umbrella company Alphabet has done wonders for Google -- but less so for a grab bag of eclectic projects ranging from robotic cars to internet-beaming balloons, which are suffering costly growing pains. A year after Alphabet took shape, Google's revenue growth has accelerated -- an unusual development for a company of its size. That success, however, also underscores Alphabet's dependence on the fickle business of placing digital ads in core Google products like search, Gmail and YouTube video. As a result, it remains vulnerable to swings in marketing budgets and stiffening competition from another equally ambitious rival, Facebook. Alphabet was supposed to speed the process of turning offshoot businesses into new technological jackpots.

Apple has acquired the Indian startup Tuplejump. This is the fourth machine learning company acquired by the high-tech giant over a one year period. Tuplejump's takeover by Apple actually happened in June but went unnoticed until now, according to Bloomberg. Tuplejump founder Rohit Rai is not living in Seattle, where Turi is located and he began working for Apple in May. Among Tuplejump's dozen workers, many were already based on the U.S. west coast.

Customer attrition, also known as customer churn, customer turnover, or customer defection, is the loss of clients or customers. Banks, telephone service companies, Internet service providers, pay TV companies, insurance firms, and alarm monitoring services, often use customer attrition analysis and customer attrition rates as one of their key business metrics (along with cash flow, EBITDA, etc.) because the cost of retaining an existing customer is far less than acquiring a new one. Companies from these sectors often have customer service branches which attempt to win back defecting clients, because recovered long-term customers can be worth much more to a company than newly recruited clients. Churn prediction is one of the most popular Big Data use cases in business. It consists of detecting customers who are likely to cancel a subscription to a service.

Mumbai: ICICI Bank, India's largest private sector bank, today announced the deployment of'Software Robotics' in over 200 business processes across various functions of the bank. The bank is the first in the country and among few, globally, to deploy'Software Robotics' that emulates human actions to automate and perform repetitive, high volume and time consuming business tasks cutting across multiple applications. At ICICI Bank, software robots have reduced the response time to customers by up to 60% and increased accuracy to 100% thereby sharply improving the bank's productivity and efficiency. It has also enabled the bank's employees to focus more on value-added and customer-related functions. The software robots now perform over 10 lakh banking transactions every working day.

The rise of artificial intelligence and automation in journalism has been front and center in the news lately, from Narrative Science co-founder Kris Hammond's prediction that "a machine will win a Pulitzer one day" to Facebook's decision to automate its Trending Topics feed. Algorithms seem certain to play a growing role in the production and curation of news, but it remains unclear what exactly this trend will mean for journalism -- or for the human journalists who currently produce it. Celebrants argue that algorithms will simply take over journalism's most menial tasks, freeing up human journalists to tackle more advanced work. Bloomberg editor-in-chief John Micklethwait, for example, called automation "crucial to the future of journalism," and New York magazine writer Kevin Roose described the introduction of automated reporting as "the best thing to happen to journalists in a long time." However, skeptics fear that robots may end up replacing journalists instead of helping them.

Investment into the digital health market topped 4.5 billion in 2015, and we are seeing an acceleration of investment in 2016. According to StartUp Health, investment into the digital health market for the first half of 2016 reached 3.9 billion. Early-stage innovation made up more than 65% of deals, with the majority of investment capital it going into Series A rounds. As of July, patient and consumer products, which include wearables, are leading with over 960 million invested in this sector, followed by wellness at 854 million, personalized health at 524 million, big data/analytics at 406 million and workflow at 328 million. Digital health research and population health are at the bottom of the start-up health company's list, with 65 million and 55 million, respectively. It's no surprise that we are seeing digital health M&A activity coming from tech giants such as Google, Apple and IBM.