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AI-based healthcare startup ekincare pockets Series A cheque

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Ekincare, an artificial intelligence-based healthcare startup, has raised $3.6 million (Rs 25.81 crore at current exchange rates) in a Series A funding round led by a new investor. The latest funding takes the total capital that ekincare, operated by Aayuv Technologies Pvt. Ltd, has raised so far to $5.6 million, the company said in a statement on Wednesday. It didn't disclose the name of the new investor. Other investors that participated in the funding round include existing investors such as venture capital firm Venture East, Eight Roads Ventures and Hyderabad-based Touchstone Equities.


AntWorks partners with SEED Group to drive adoption of Artificial Intelligence in the GCC

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With successful adoption of AntWorks' IAP solution, businesses will stand to save millions and realise increased performance and efficiency by automating and processing business data, including unstructured data, which will make up 80% of the world's data by 2025. The partnership will help the GCC become a blueprint for the AI economy in the rest of the Middle East, Turkey and Africa, especially as governments look to diversify and drive revenue from non-oil and gas sectors. "We are deeply honored to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group expanding our reach into the Middle East," said Asheesh Mehra, AntWorks Co-Founder and Group CEO. "We see our partnership with SEED Group as an incredible opportunity to bring AntWorks' leading expertise in artificial intelligence to the GCC - helping the UAE's Ministry of AI realise its 2031 Artificial Intelligence Strategy. This is a market that thrives on innovation and has taken some of the most ambitious steps in the world in adopting the use of AI across government and business as they seek to create new economic, social, and educational opportunities for citizens. We look forward to a powerful and productive relationship that will make straight-through processing a reality across the GCC."


Singapore Unveils Its National Artificial Intelligence Strategy - dotlah!

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Deputy Prime Minister and Minister for Finance, Heng Swee Keat, announced today that Singapore will embark on a plan to develop and use Artificial Intelligence (AI) to transform Singapore's economy and improve the lives of citizens. This plan is outlined in the National AI Strategy document that was unveiled at the SFF X SWITCH (Singapore FinTech Festival and Singapore Week of Innovation and TeCHnology) Conference. The National AI Strategy is key to the next stage of our Smart Nation journey. The key approach is to adopt a human-centric approach, and focus on delivering tangible benefits to citizens and businesses through AI. In line with this, we have identified five National AI Projects for a start, to use AI technologies to address key national challenges and deliver impactful social and/or economic benefits to Singaporeans.


Investorideas.com Newswire - AI News: VSBLTY (CSE: VSBY) (OTC: VSBGF), Energetika Begin Deployment of $10 Million USD Contract for Smart City Security Technology to Make Mexico City Communities Safer

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Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (5VS.F) (VSBGF) ("VSBLTY"), a leading retail software technology company, and Energetika, an international provider of "intelligent lighting" solutions, have begun deployment of their smart city security contract which combines Energetika's smart lighting with VSBLTY's crowd analytics and facial recognition to help keep Mexico City's neighborhoods safe. Energetika CEO Rodrigo Calderon said, "We have begun phase one deployment of security kits covering up to 40,000 endpoints throughout 56 communities in Mexico City beginning in the boroughs of Miguel Hidalgo, Cuajimalpa, Benito Juarez and Cuauhtemoc. Each neighborhood security kit consists of high definition cameras equipped with VSBLTY facial recognition and analytics, wireless alarms, motion sensors and panic buttons integrated with high LED facade light fixtures. This low cost system runs off local citizens' internet service and is accessible on their mobile devices in real time. With this unique security kit deployment model perfected, we have introduced this program to other Central and South American municipalities whose needs are equally compelling and where this cost-efficient solution can be installed in three million security cameras or more."


KT to make massive investments to become an AI company

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Korean telecommunications company KT announced plans to invest 300 billion won ($257 million) over the next four years to become an artificial intelligence (AI) company, Korean press reported. The Korean telco also said it aims to hire nearly 1,000 specialists in the AI field with the aim of creating new value propositions in line with the deployment of 5G networks in the country. KT rolled out its AI-based service, called Giga Genie, in January of 2017. This AI service was initially offered in the form of a television set-top box. The company has been recently expanding the application of the AI-based service to speakers, apartments, hotels and cars.


Self-Driving Market Becomes a Reality in the US by 2026

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Hampshire, UK โ€“ 23rd May 2018: New findings from Juniper Research reveal that the annual sales of fully autonomous vehicles (AVs) in the US will reach 5 million by 2026. In comparison, the global market will account for 20 million new AVs sold during the same year.


Global Artificial Intelligence Robots Markets, 2015-2018 & 2019-2025 - ResearchAndMarkets.com

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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Artificial Intelligence sales platform, Enerjoy, Launches its series A fundraising round at an event held in SAP Next Gen HQ in NYC

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The disruptive sales startup presented its solution to local investors, after it has gained successful track record working with leading clients in Europe and South America. Enerjoy, an artificial intelligence platform that uses personalized gamification to increase sales teams' motivation and performance, announced the launch of its series A fundraising round, as part of a remarkable event held by Strtupboost and SAP Next Gen at the latter's headquarters in New York city. Enerjoy's scientifically based solution was proven to increase sales reps performance by an average of 25%, catering leading clients as banks, insurance, travel and telecom companies in Europe and South America. Gabby Hasson, Managing Partner at Bseed who's mother company Besadno VC invested in enerjoy last June says; "as a venture capital firm that sees hundreds of startups each year, we always look for smart technologies that can make a real impact on different industries while presenting significant scale potential. Besadno joins enerjoy's former investors' list: Nielsen Innovate, Samurai-Incubate and Israeli Innovation Authority. Enerjoy takes pride in its customers as Orange telecom and Tatra Bank in Slovakia, Coca Cola in Israel, Fattal hotel reservation centers and other media, insurance and technology companies in different countries. The company developed a personal motivational profile algorithm based on research it has conducted with its organizational and behavioural scientists, along with other studies such as Harvard motivational model. Their conclusions were then translated into an artificial intelligence platform that uses gamification to motivate each rep individually. The platform increases each reps' sales rates and responds to changes in real time. In addition, it serves as a support tool for the teams' manager, sending relevant notifications about reps progress. Viki Glam, enerjoy's CEO and Co-Founder noted: "We have spent a lot of time and resources to validate our motivational algorithm and to prove it can bring results to serious clients in different industries and different cultures.


Google reveals 'Project Nightingale' after being accused of secretly gathering personal health records

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Google secretly gathered millions of patient records across 21 states on behalf of a health care provider, in an effort dubbed "Project Nightingale," reports The Wall Street Journal. Neither the provider's doctors nor patients were made aware of the effort, according to the report. The Wall Street Journal's Rob Copeland wrote that the data amassed in the program includes "lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to a complete health history, complete with patient names and dates of birth," and that as many as 150 Google employees may have had access to the data. The New York Times corroborated much of the report later in the day, writing that "dozens of Google employees" may have access to sensitive patient data, and that there are concerns that some Google employees may have downloaded some of that data. But Google tells The Verge that despite the surprise, it's standard industry practice for a health care provider to share highly sensitive health records with tech workers under an agreement like the kind it signed -- one that narrowly allows Google to build tools for that health care provider by using the private medical data of its patients, and one that doesn't require patients to be notified, the company claims.


Google reveals 'Project Nightingale' after being accused of secretly gathering personal health records

#artificialintelligence

Google secretly gathered millions of patient records across 21 states on behalf of a health care provider, in an effort dubbed "Project Nightingale," reports The Wall Street Journal. Neither the provider's doctors nor patients were made aware of the effort, according to the report. The Wall Street Journal's Rob Copeland wrote that the data amassed in the program includes "lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to a complete health history, complete with patient names and dates of birth," and that as many as 150 Google employees may have had access to the data. The New York Times corroborated much of the report later in the day, writing that "dozens of Google employees" may have access to sensitive patient data, and that there are concerns that some Google employees may have downloaded some of that data. But Google tells The Verge that despite the surprise, it's standard industry practice for a health care provider to share highly sensitive health records with tech workers under an agreement like the kind it signed -- one that narrowly allows Google to build tools for that health care provider by using the private medical data of its patients, and one that doesn't require patients to be notified, the company claims.