New technologies and solutions have been applied to a number of long-running services. These always try to make them more accurate, faster and issues-free as far as they can go, and they have achieved (in most cases) an impressively high hit rate. The latest comes in the shape of a new revolutionising solution able to sort out a psychographic credit score based on cultural and behavioural principles besides the well-known economic data. AdviceRobo's team are behind such invention and it is said to give another twist to a controversial metric measure. AdviceRobo demoed at FinovateEurope 2019 its revolutionizing solution to "assess credit quality by applying smart psychographic credit processing, artificial intelligence and the internet of things. This is world's first solution that integrates lifestyles, attitudes and beliefs of people and other behavioural data into smart credit software," they said in a press release.

Robotics investments in January 2019 have crossed a minimum of $644 million worldwide, armed with a total of 25 robotics transactions. The $644 million raised in January is lower than the funding into this industry raised in December in tune of $652.7 million. One of the biggest investments in January that is $104 million Series A has been made into the Beijing Auto AI Technology Co. of China. Other notable investments in January 2019 into Robotics include the $100 million JV into Ekso Bionics Holdings Inc. and a $59.61 million Series B funding into China-based NASN Automotive Electronics Co. Here are the Top 10 Investments that ruled the Robotics Technologies space in January 2019.

The Clippers and Second Spectrum will use AWS machine learning and data analytics services to advance game analyses and drive new experiences for Clippers CourtVision, which launched to great acclaim at the start of the 2018-19 basketball season and has been billed by experts as the future of sports viewing. In addition, Clippers CourtVision will test Amazon SageMaker to build, train, and deploy machine learning-driven stats which will appear on live broadcasts and on-demand NBA game videos. Second Spectrum uses cameras in all 29 NBA arenas to collect 3D spatial data including ball and player locations and movements, which is stored and analyzed on AWS in real time. With help from AWS's broad range of services, Second Spectrum uses that data to generate augmented graphical overlays on Clippers broadcasts in real time, offering users an array of content options and Clippers CourtVision Modes with features ranging from live layouts of basketball plays, to the frame-by-frame probability of a shot going in, to a suite of graphics that animate based on conditions both simple and complex, giving fans a deeper understanding of and interaction with the game as the action unfurls on the court. Clippers CourtVision uses AWS Elemental Media Services to deliver the live game-watching experience.

Artificial intelligence could play a much bigger role in boosting Edwards Lifesciences' revenues going forward. During its most recent earnings call, the Irvine, CA-based company's CEO said its software for the HemoSphere should be significant growth driver this year. HemoSphere is a monitor that gives insight on a patient's physiologic status and can analyze trends. Late last year, the company received a nod from FDA for Acumen Hypotension Prediction Index, a software that adds an AI component to the platform. "This platform is designed to provide greater clarity on a patient's hemodynamic status and enables our AI capabilities," Edwards Lifesciences CEO Michael Mussallem, said according to a Seeking Alpha Transcript.

IBM Corp. is becoming more open-minded with a revenue-driving bid to "democratize" access to artificial intelligence. Big Blue will open its previously proprietary Watson AI platform to competing cloud computing services including rivals Amazon Web Services, Microsoft Azure and Google Cloud Platform. The IBM Watson Anywhere initiative will allow a new portable version of IBM's cognitive platform to run on any cloud -- whether it's private, public or a hybrid multi-cloud -- in addition to IBM Cloud, the company announced Tuesday. IBM did not announce a time frame for the Watson Anywhere rollout. "This will be the most open, scalable AI for business in the world," CEO Ginni Rometty said at IBM's Think 2019 conference in San Francisco.

Finland knows it doesn't have the resources to compete with China or the United States for artificial intelligence supremacy, so it's trying to outsmart them. "People are comparing this to electricity – it touches every single sector of human life," says Nokia chairman Risto Siilasmaa. From its foundations as a pulp mill 153 years ago, Nokia is now one of the companies helping to drive a very quiet, very Finnish AI revolution. Last May, the small Scandinavian country announced the launch of Elements of AI, a first-of-its-kind online course that forms part of an ambitious plan to turn Finland into an AI powerhouse. To date, more than 130,000 people have completed the course.

Company seeks to enhance overall platform services and returns for shareholders. New York, NY – February 14, 2019 – Smartling, the premier software and language translation services company that established the category Enterprise Translation Cloud, today announces the company's 2019 merger and acquisition strategy. Smartling's Board of Directors and its CEO Jack Welde are looking to the marketplace for businesses that could strengthen the company's fast-growing software and language services position. The company posted record revenues and growth in 2018, including an increase in language services bookings of 112% year-over-year. With fourth quarter language services bookings having increased 211% year-over-year, the company sees a lot of potential for growth, specifically in this service line.

IT and business leaders are often confused about what artificial intelligence (AI) can do for their organizations and are challenged by several AI misconceptions. Gartner, Inc. said IT and business leaders developing AI projects must separate reality from myths to devise their future strategies. "With AI technology making its way into the organization, it is crucial that business and IT leaders fully understand how AI can create value for their business and where its limitations lie," said Alexander Linden, research vice president at Gartner. "AI technologies can only deliver value if they are part of the organization's strategy and used in the right way." Gartner has identified five common myths and misconceptions about AI. Myth No.1: AI Works in the Same Way the Human Brain Does AI is a computer engineering discipline.

TOKYO--(BUSINESS WIRE)--Feb 12, 2019--Mitsubishi Electric Corporation (TOKYO:6503) announced six new technologies, outlined below, at its annual Research and Development Open House held today at its headquarters in Tokyo, Japan, including three artificial intelligence (AI) technologies using the company's proprietary Maisart * AI. * M itsubishi Electric's AI creates the S tate-of-the- ART in technology The company announced today that it has developed an artificial intelligence (AI) technology capable of fast stepwise learning using a simulator to efficiently complete motion learning in a relatively short time using the company's Maisart AI technology. The company announced today that it has developed a unique behavioral-analysis artificial intelligence (AI) using the company's Maisart AI technology. The company announced today that it has developed what is believed to be the world's smallest power unit for a two-motor hybrid electric vehicle (two inverters and one converter), measuring just 2.7 liters in volume, offering a world-leading 150 kVA/L power density. The company announced today that it has developed sensing technology for highly accurate detection of vehicle perimeters even in dense fog or heavy rain. The company announced today that it has developed a simulation technology for predicting energy consumption and comfort levels to operate net zero energy buildings (ZEBs).

Drone manufacturer DJI announced today that it is updating the geofencing system it uses in Europe to prevent drone pilots from flying the unmanned aircraft in places where they don't belong. The updated Geospatial Environment Online (GEO) 2.0 system will be introduced in 19 European countries and is expected to roll out over the course of this month. According to DJI, the GEO 2.0 system creates stronger boundaries around airports to keep drones from interrupting flight plans. It will place 3/4th of a mile boundaries around runways and will fence off flight paths at the end of the runway where planes take off and land. The geofenced boundaries are based on recommendations from the Civil International Organization's standards for airspace safety.