Financial


For NVIDIA, Gaming Is the Story Now, but Artificial Intelligence Is the Future -- The Motley Fool

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Data center revenue nearly tripled year over year last quarter, making the platform NVIDIA's most powerful growth engine. Here's how quickly the platform has grown as a percentage of NVIDIA's business: In just two years, the data center segment has grown from just 7.6% of NVIDIA's total quarterly revenue to more than 21%. 1 automaker, Toyota, will use the DRIVE PX 2 platform to power its autonomous driving systems on vehicles slated for market introduction. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Baidu, Facebook, and Nvidia.


AI will create 800,000 jobs and $1.1 trillion revenue by 2021: Salesforce ZDNet

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From 2017 to 2021, the Salesforce-sponsored study predicts that AI-powered CRM activities will boost business revenue by $1.1 trillion, and create more than 800,000 direct jobs and 2 million indirect jobs globally, surpassing those lost to AI-driven automation. The types of AI that these organisations are looking to adopt include machine learning (25 percent), text analysis (27 percent), voice/speech recognition (30 percent), and advanced numerical analysis (31 percent). Australia came in last, with the study estimating that AI-powered CRM activities will create more than 16,000 new direct jobs and AU$19 billion in increased revenue over the next five years. In Salesforce's first-quarter earnings conference call, CEO Marc Benioff said an internal version of the Einstein Guidance feature has made the AI another member of the management team.


How Huawei Is Leading 5G Development

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A screen shows information on 5G during a keynote address by CEO of Huawei Consumer Business Group Richard Yu at CES 2017 at The Venetian Las Vegas on January 5, 2017 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 8 and features 3,800 exhibitors showing off their latest products and services to more than 165,000 attendees. "If 4G tech built us a road, then 5G tech will build a city," says Wang Xiaoyun, general manager of technology of China Mobile, the largest mobile telecommunications company by market capitalization (mainly because of China's vast population). Huawei consumer business group's chief executive Richard Yu presents the new phone Huawei P10 Plus at the Mobile World Congress in Barcelona, Spain.


The Future Of Growth And Economic Development Powered By Human And Artificial Intelligence

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There are two common determining factors among those successful IPOs: Ideation and User Generated Content (UGC). This platform will combine artificial intelligence with human intelligence along with big data to spur long term sustainable economic development that will facilitate the discovery, as well as the advancement of ideas - from ideation to monetization, in the area of economic development through the creation of new businesses, land infrastructure projects, environmental projects, scientific research, and technological projects. According to Accenture LLP's report "Why Artificial intelligence is The Future of Growth", research on the impact of AI in 12 developed economies reveals that AI could double annual economic growth rates by 2035, specifically by changing the nature of work and creating a new relationship between Man and Machine. With this platform, people with innovative ideas will be able to have their ideas validated, protected and converted into capital; investors will have a new platform and mechanism to effectively invest in new ideas and or companies; industry practitioners will have more and better ideas to execute on; governments will have additional income through their stake in the platform funded projects; the society will have a long term sustainable growth model.


An Artificial Intelligence Retrospective Analysis Of IBM 2017 Q1 Earnings Call

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In other words, our algorithm discovers symbols that represent some level of importance based on propositional logic to drive a causational model. 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. There are two type of Meta Objects, namely, Machine Generated Hashtag (or MGH) nodes and Supporting Fact (or SF) nodes. In a similar manner, the software system uses visual charts to depict the discovered subjects, relationships, underlying context, properties, and references to source documents.


SoftBank Acquires Boston Dynamics and Schaft

IEEE Spectrum Robotics Channel

As Google's robotics group (eventually absorbed by Alphabet's advance tech division X) continued to not produce all that much and began slowly losing talent, the rumors were that Boston Dynamics in particular was looking for a new owner, and they've found one, in SoftBank. Here's the press release, which sadly will not tell you all that much more than our headline: SoftBank Group Corp. today announced a subsidiary of SoftBank has entered into a definitive agreement to acquire robotics pioneer Boston Dynamics from Alphabet Inc. Marc Raibert, CEO and founder of Boston Dynamics, said, "We at Boston Dynamics are excited to be part of SoftBank's bold vision and its position creating the next technology revolution, and we share SoftBank's belief that advances in technology should be for the benefit of humanity. As part of the transaction with Alphabet, SoftBank has also agreed to acquire Japanese bipedal robotics company Schaft.


Look for Shopify to make a splash in artificial intelligence, says Industrial Alliance - Cantech Letter

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Abernethy says he thinks this cash will be used for acquisitions. "We see this financing as providing Shopify with greatly increased flexibility to pursue its expanding range of growth opportunities both organically and, potentially, through acquisitions," he says. We also see opportunities for Shopify to broaden its offering through the acquisition of growth platforms in adjacent markets, such as accounting software (for example, private companies such as Wave or Freshbooks with millions of small business users could be of interest), marketing automation solutions, and logistics for small businesses." Abenrnethy thinks Shopify will post Adjusted EBITDA of $6.9-million on a topline of $629.1-million in fiscal 2017.


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

Gupta's exit sets the stage for a second major executive search, now for a chief financial officer who has public company experience. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.


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. The big picture • Google's parent, Alphabet, has acquired 11 AI startups over the past five years, the most of any public company. Sports Illustrated uses a tool created by Arkadium to create infographics; The Associated Press has used Automated Insights for the past three years to generate stories about everything from public companies' earnings reports to the outcomes of minor league baseball games. AP's business desk said using Automated Insights for earnings stories freed up 20 percent more time to report longer, more in-depth stories.