Press Release
NVIDIA Selects Hotify for its Inception Program
Santa Clara based Hotify Inc, an Artificial Intelligence Platform as a Service (AI PaaS) company, announced it has joined the NVIDIA Inception program. The program is conducted by NVIDIA, a pioneer in 3D GPUs and AI Computing, to recognize exceptional startups in the Artificial Intelligence space. Hotify Inc is an Artificial Intelligence (AI) software company and is the developer of NuGene, a cognitive Automation platform which can be used to develop fast and robust Intelligence Agents (Bots) in minutes. The selection of Hotify involved multiple rounds of information exchange including telephonic interaction. "We are happy to become part of this program. Working closely with NVIDIA shall help us in building AI Platform for scale. Getting selected in this program also is a good validation of our focus, approach and offerings. We aim to gain from early developers access of NVIDIA technology, their Go to Market help and vast knowledge repository," said Chinmay Joshi, Co-Founder, VP Product & Engineering, Hotify.
BCW Wins 2019 Artificial Intelligence Excellence Award
NEW YORK--(BUSINESS WIRE)--Mar 13, 2019--BCW (Burson Cohn & Wolfe) today announced it was a winner in the Business Intelligence Group's Artificial Intelligence Excellence Awards program for its work on behalf of client Boehringer Ingelheim in creating the first-ever AI chatbot for global patient education launched by a pharmaceutical company. BCW and Boehringer Ingelheim were honored in the Limited Memory, Product or Service โ Large Company category. The Facebook chatbot, Tabatha, part of the company's global "Think. Breathe" asthma awareness campaign, was created to help people understand the impact asthma has on their daily lives in a private environment. Artificial Intelligence driven, Tabatha is designed to help those with asthma to self-identify symptoms, learn more about their risk and prepare for a doctor visit.
Banking chatbot competes with your friendly bank manager
The banking chatbot has come a long way from just linking to FAQs and referring you to a human colleague when questions get too profound. Now there is a chatbot, a virtual agent in conversational AI for banks, which its creator IPsoft claims is the first conversational banking solution. Chetan Dube, chief executive officer at IPsoft said: "With 1Bank we provide the most humanlike digital experience in the marketplace, built from the knowledge we've gained serving six of the world's leading banks with conversational AI. "We are giving banks the possibility of providing customers with their own personal banker around the clock." The virtual agent is trained with banking specific language and can communicate by web, mobile or voice, claims its parent company, a leader in enterprise AI and cognitive and autonomic solutions. The agent, called 1Bank, can open and close accounts and can recommend and even set up recurring payments from different accounts. It also advises on unpaid bills by letting customers know about incoming bills and insufficient funds in their account. The capabilities continue with the usual sorts of routine tasks you would have once needed a person to help with: finding transactions, disputing fraudulent charges, getting a new PIN and applying for a credit card. The chatbot even takes the initiative, leading customers in the next steps with travel plans, creating travel alerts after an airline purchase and recommending currency exchange and withdrawal. According to IPSoft: "Consumer relationships in the retail banking space have never been particularly strong.
Banking chatbot competes with your friendly bank manager
The banking chatbot has come a long way from just linking to FAQs and referring you to a human colleague when questions get too profound. Now there is a chatbot, a virtual agent in conversational AI for banks, which its creator IPsoft claims is the first conversational banking solution. Chetan Dube, chief executive officer at IPsoft said: "With 1Bank we provide the most humanlike digital experience in the marketplace, built from the knowledge we've gained serving six of the world's leading banks with conversational AI. "We are giving banks the possibility of providing customers with their own personal banker around the clock." The virtual agent is trained with banking specific language and can communicate by web, mobile or voice, claims its parent company, a leader in enterprise AI and cognitive and autonomic solutions. The agent, called 1Bank, can open and close accounts and can recommend and even set up recurring payments from different accounts. It also advises on unpaid bills by letting customers know about incoming bills and insufficient funds in their account. The capabilities continue with the usual sorts of routine tasks you would have once needed a person to help with: finding transactions, disputing fraudulent charges, getting a new PIN and applying for a credit card. The chatbot even takes the initiative, leading customers in the next steps with travel plans, creating travel alerts after an airline purchase and recommending currency exchange and withdrawal. According to IPSoft: "Consumer relationships in the retail banking space have never been particularly strong.
Banking chatbot competes with your friendly bank manager
The banking chatbot has come a long way from just linking to FAQs and referring you to a human colleague when questions get too profound. Now there is a chatbot, a virtual agent in conversational AI for banks, which its creator IPsoft claims is the first conversational banking solution. Chetan Dube, chief executive officer at IPsoft said: "With 1Bank we provide the most humanlike digital experience in the marketplace, built from the knowledge we've gained serving six of the world's leading banks with conversational AI. "We are giving banks the possibility of providing customers with their own personal banker around the clock." The virtual agent is trained with banking specific language and can communicate by web, mobile or voice, claims its parent company, a leader in enterprise AI and cognitive and autonomic solutions. The agent, called 1Bank, can open and close accounts and can recommend and even set up recurring payments from different accounts. It also advises on unpaid bills by letting customers know about incoming bills and insufficient funds in their account. The capabilities continue with the usual sorts of routine tasks you would have once needed a person to help with: finding transactions, disputing fraudulent charges, getting a new PIN and applying for a credit card. The chatbot even takes the initiative, leading customers in the next steps with travel plans, creating travel alerts after an airline purchase and recommending currency exchange and withdrawal. According to IPSoft: "Consumer relationships in the retail banking space have never been particularly strong.
OpenAI shifts from nonprofit to 'capped-profit' to attract capital
OpenAI may not be quite so open going forward. The former nonprofit announced today that it is restructuring as a "capped-profit" company that cuts returns from investments past a certain point. But some worry that this move -- or rather the way they made it -- may result in making the innovative company no different from the other AI startups out there. From now on, profits from any investment in the OpenAI LP (limited partnership, not limited profit) will be passed on to an overarching nonprofit company, which will disperse them as it sees fit. Profits in excess of a 100x return, that is.
Deveron Receives AI for Earth Grant from Microsoft
Toronto, Ontario--(Newsfile Corp. - March 11, 2019) - Deveron UAS Corp. ("Deveron" or the "Company") and Deveron's wholly owned data analytics subsidiary, Veritas Farm Management ()Veritas") have been awarded an AI for Earth grant from Microsoft to help further our efforts in artificial intelligence ()AI") and making recommendations and predictions using agricultural data. This new grant will provide Deveron with Microsoft Azure computing resources and AI tools to accelerate our work on utilizing in-season imagery and AI to apply nitrogen fertilizer to corn. Deveron will help growers more fully utilize the nitrogen credit produced when cover crops are introduced into crop rotation. Additional nitrogen can then be applied as needed using variable rate applications around these credits, insuring that the nitrogen needs of the crop is met in an efficient way across the field. "We are excited to be chosen by Microsoft to participate in this transformational opportunity" reported David Macmillan, President and CEO of Deveron.
Carestream Health to Sell Its Healthcare IT Business to Philips
ROCHESTER, N.Y.--(BUSINESS WIRE)--Carestream Health has signed an agreement with Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, to sell its healthcare information systems (HCIS) business to Philips. Carestream's HCIS business unit provides imaging IT solutions to multi-site hospitals, radiology services providers, imaging centers and specialty medical clinics around the world. The business has developed strong customer relationships in attractive, high-growth healthcare segments and is positioned for continued growth and success. As a result of this acquisition, Philips' expanded healthcare IT business will feature Carestream's enterprise imaging platform--including best in class VNA, diagnostic and enterprise viewers, multimedia reporting, workflow orchestrator and clinical, operational and business analytics tools--as part of its broad portfolio. "We have had global success in providing radiology and enterprise imaging IT systems to help medical professionals provide quality care and enhance their operations," said Ludovic d'Aprea, Carestream's General Manager for Healthcare Information Solutions.
Lead analyst says: "Artificial intelligence robotics market is valued at $2.39bn in 2019"
The Visiongain report analyst commented "Artificial intelligence robotics market is expected to witness a high growth on account of ongoing plans of many companies in various sectors toward automation. Continuous advancements in computer power have enabled the development of more intelligent and stronger AI systems; this will boost the demand for Artificial intelligence robotics globally. The push to increase employment and increase competitiveness will open the market for increased automation. The applications of Artificial intelligence robotics have already pervaded many industries, bringing potential benefits that have been predicted to double the annual economic growth rate in several developed economies in the future. The growth of the Artificial intelligence robotics market is being driven largely by factors such as increasing computing power, increasing labour cost to reduce and automate the production, the increasing availability of big data for learning, and the development of smarter and better algorithms. However, the market for Artificial intelligence robotics is being restrained by factors such as a lack of skilled labour and data privacy issues among consumers."
MLB considers pitch tracking system to assist home plate umpires
The Atlantic League, an independent baseball league, announced today that it will use tracking technology to assist umps in calling balls and strikes during the 2019 season in partnership with Major League Baseball. If the experiment goes well, MLB will consider implementing a similarly automated system for its future seasons. The Atlantic League's automated ump assistants will be powered by a radar system from TrackMan. The company uses Doppler technology to track and record the characteristics of a ball while its in motion. TrackMan is no stranger to baseball. According to the company, its technology is already used by MLB Advanced Media for ball tracking in its Statcast system.