Press Release
GLOBALFOUNDRIES and SiFive to Deliver Next Level of High Bandwidth Memory on 12LP Platform for AI Applications
SANTA CLARA, Calif. and HSINCHU, Taiwan, Nov. 5, 2019 – GLOBALFOUNDRIES (GF) and SiFive, Inc. announced today at GLOBALFOUNDRIES Technology Conference (GTC) in Taiwan that they are working to extend high DRAM performance levels with High Bandwidth Memory (HBM2E) on GF's recently announced 12LP FinFET solution, with 2.5D packaging design services to enable fast time-to-market for Artificial Intelligence (AI) applications. In order to achieve the capacity and bandwidth for data-intensive AI training applications, system designers are challenged with squeezing more bandwidth into a smaller area while maintaining a reasonable power profile. SiFive's customizable high bandwidth memory interface on GF's 12LP platform and 12LP solution will enable easy integration of high bandwidth memory into a single System-on-Chip (SoC) solutions to deliver fast, power-efficient data processing for AI applications in the computing and wired infrastructure markets. As a part of the collaboration, designers will also have access to SiFive's RISC-V IP portfolio and DesignShare IP ecosystem, which will leverage GF's 12LP Design Technology Co-Optimization (DTCO), enabling them to significantly increase silicon specialization, improve design efficiency and deliver differentiated SoC solutions quickly and cost-effectively. "Extending SiFive's reference IP platform, with HBM2E, on GF's best-in-class performance 12LP solution delivers new levels of performance and integration for next generation SoCs and accelerators," said Mohit Gupta, vice president and general manager, IP Business Unit at SiFive.
AI Market Leaders Release Enterprise AI Platform Modzy
MCLEAN, Va. - Today, Booz Allen introduces ModzyTM, a first-of-its-kind enterprise artificial intelligence (AI) software product with a mission of its own: putting AI to work through the power of trusted models and a secure, scalable platform. The Modzy platform and model marketplace create the missing AI layer in today's tech stack, accelerating the deployment of AI from the lab to the enterprise. With click-to-deploy access for a growing list of AI models from leading tech companies and open source communities, and an environment to upload, manage and reuse AI models, Modzy greatly reduces risk and barriers to adopting and scaling AI. Interested customers can request an invitation to the Modzy Early Access Program, beginning today. "Achieving the promise of AI requires much more than training the next algorithm. It's about giving organizations choice and having a predictable and repeatable way to rapidly deploy, manage and secure AI models at enterprise scale," said Dr. Josh Sullivan, senior vice president, Booz Allen Hamilton and Modzy executive leader.
Ancestry Debuts the World's Largest Digital Archive of Searchable Online Obituaries and Death Announcements, Powered by Cutting-Edge Artificial Intelligence
LEHI, Utah & SAN FRANCISCO--(BUSINESS WIRE)--Today, Ancestry, the global leader in family history and consumer genomics, is releasing the new Newspapers.com Obituary Collection and announcing an upgrade to its U.S. Obituary Collection, adding to what is now the world's largest, searchable digital archive of over 262 million worldwide obituaries and death announcements, containing almost 1 billion searchable family members. Obituaries are one of the most comprehensive records available about an ancestor. An obituary can act like a'starter kit' for family history -- it can include places of birth, marriage, occupation, residence, and family members, and may even suggest burial site location. One-third of Americans are unable to name all four of their grandparents,* but obituaries offer one of the easiest ways to understand recent family history and launch a journey of personal discovery.
Xilinx Alveo Accelerators Power SK Telecom's Real-Time AI-based Physical Intrusion and Theft Detection Service
Xilinx, Inc. (NASDAQ: XLNX) and SK Telecom (NYSE: SKM) today announced that SK Telecom has adopted Xilinx Alveo Datacenter Accelerator cards to power a real-time AI-based physical intrusion and theft detection service. SK Telecom's AI inference accelerator (AIX) implemented on Xilinx Alveo cards provides efficient and accurate physical intrusion detection using deep neural networks. SK Telecom's AI-based physical intrusion detection service, T viewTM, monitors hundreds of thousands of customers' commercial and home camera systems in real-time and dispatches security guards under physical intrusion circumstances. Processing a large volume of data from thousands of cameras using deep neural networks necessitates a powerful AI accelerator that can provide enough throughput and accuracy. T view uses SK Telecom's AI inference accelerator (AIX), implemented on Xilinx Alveo U250 cards.
AI Market Leaders Join Forces to Release ModzyTM, an AI Platform and Model Marketplace, Introducing Choice, Scale, and Security for the Enterprise.
MCLEAN, Va.--(BUSINESS WIRE)--Today, Booz Allen introduces ModzyTM, a first-of-its-kind enterprise artificial intelligence (AI) software product with a mission of its own: putting AI to work through the power of trusted models and a secure, scalable platform. The Modzy platform and model marketplace create the missing AI layer in today's tech stack, accelerating the deployment of AI from the lab to the enterprise. With click-to-deploy access for a growing list of AI models from leading tech companies and open source communities, and an environment to upload, manage and reuse AI models, Modzy greatly reduces risk and barriers to adopting and scaling AI. Interested customers can request an invitation to the Modzy Early Access Program, beginning today. "Achieving the promise of AI requires much more than training the next algorithm. It's about giving organizations choice and having a predictable and repeatable way to rapidly deploy, manage and secure AI models at enterprise scale," said Dr. Josh Sullivan, senior vice president, Booz Allen Hamilton and Modzy executive leader.
Travelers Announces Strategic Partnership With Groundspeed Analytics; Will Use AI to Streamline Submission and Quoting Processes
HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced a strategic partnership with Groundspeed Analytics, Inc. to simplify its new business and policy renewal processes through the use of artificial intelligence (AI). The two companies will also collaborate on the design of additional AI capabilities that can provide increased efficiencies through the automation of commercial insurance analytics. Quote requests often require manual effort to extract information from submitted documents before an underwriter can fully evaluate and price the risk. The use of AI will augment the company's underwriting capabilities by enhancing risk selection and increasing efficiency while also allowing agents and brokers to write business more quickly. "Using Groundspeed's AI capabilities will optimize productivity for both our underwriters and our agent and broker partners," said Bill Devine, Senior Vice President, Business Insurance, Travelers.
Artificial Intelligence-based business English test showcased in Dubai
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Stock Market Forecast: AI Algorithm Shows Accuracy Up To 95% On Predicting Facebook Price Movements
The deep learning predictive AI algorithm developed by I Know First has shown an accuracy of up to 95% in its predictions for Facebook (FB). The deep learning predictive AI algorithm developed by I Know First, a Fintech company that provides state of the art self-learning AI-based algorithmic stock market forecast solutions to uncover the best investment opportunities, has shown an accuracy of up to 95% in its predictions for Facebook (FB). That is according to aFacebook stock forecastevaluation report published by the company on August 25, 2019. The algorithm has demonstrated a higher accuracy rate for longer-term forecasts, as is often the case for predictive AI. "We provide AI-based forecasts for different time horizons. Machine learning algorithms do better on longer time horizons: the longer the time period, the greater the statistical significance and the greater the accuracy." said I Know First CEO Yaron Golgher. "The algorithm is able to identify the trend, and to filter out the background noise.
Is Artificial Intelligence (AI) Giving the U.S. Battlefield Advantages
As artificial intelligence (AI) works its way into everyday life via industries like healthcare, finance and entertainment, governments around the world are increasingly investing in another of its applications: autonomous weapons systems. Many are already developing programs and technologies that they hope will give them an edge over their adversaries, creating mounting pressure for others to follow suite. These steps appear to mark the early stages of an AI arms race causing the development of military AI to accelerate worldwide. There are currently seven key players in the growing AI arms arena: the United States, China, Russia, the United Kingdom, France, Israel, and South Korea. The U.S. of course is among the most active.
AllianzGI Artificial Intelligence & Technology Opportunities Fund Completes its Initial Public Offering
NEW YORK–(BUSINESS WIRE)–Allianz Global Investors ("AllianzGI"), one of the world's leading active investment managers, announced today that the AllianzGI Artificial Intelligence & Technology Opportunities Fund (the "Fund") has completed its initial public offering. The Fund raised $615,000,000 in its common share offering, excluding any exercise of the underwriters' option to purchase additional common shares. The Fund commenced trading on the New York Stock Exchange ("NYSE") on October 29, 2019, under the ticker symbol "AIO." The Fund is a diversified, limited-term, closed-end fund whose investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Fund has a limited term feature pursuant to which it intends to terminate on or about October 29, 2031 (the "Dissolution Date").