Huawei Consumer Business Group (CBG), the global smartphone giant, has announced the launch of its new HUAWEI nova 3 and HUAWEI nova 3i in the UAE. Both smartphones are powered by Artificial Intelligence (AI) in its overall functioning and camera features. With dual front camera (24MP 2MP), users can expect the best-in-technology'selfie' that a smartphone can offer. HUAWEI nova 3 series was initially designed with the younger and trendier consumers in mind, for whom a smartphone is not just part of their lifestyle but also represents their personal style. The series is designed to offer an AI-enhanced lifestyle, which includes a huge focus on an outstanding selfie experience with its AI beautification features and front camera that allows one to capture AI selfies.

In an exclusive arrangement with Slice ICS, The Co-operators will create new insurance products to meet growing customer needs for easy, on-demand insurance solutions that satisfy emerging digital economies. Launching later this summer under the brand name duuo by Co-operatorsTM the first product will provide pay-per-use homeshare insurance underwritten by Co-operators General Insurance Company, for hosts using home sharing platforms like Airbnb, HomeAway and VRBO . The duuo by Co-operatorsTM brand reflects The Co-operators commitment to working together with clients to provide peace of mind in a way that is easy, fast, fair and affordable – a commitment made possible through the Slice platform. "We were founded in 1945 by a small group of farmers and social pioneers who found that their needs were not met by traditional insurance offerings, so they found a new way of protecting their financial security in a time of need," said Rob Wesseling, President and CEO of The Co-operators Group Limited. "Our new business partnership with Slice is the 21st century version of this mindset, it will allow us to meet the underserved insurance needs of Canadians participating in a highly innovative digital economy. Our shared vision of ensuring that everyone can be protected with the most intelligent and customized insurance possible makes this partnership very exciting."

The HEROIC.com management and advisor team has a solid and strong combination of start-up and traditional management experience along with a group of advisors who are the most experienced in the blockchain industry. Bennett has already led two of his three prior companies to multiple Inc. 500 wins.

Artificial intelligence (AI) and related technologies will generate as many jobs in the U.K. as they displace over the next 20 years, according to analysis published Tuesday by audit firm PwC. The research states that while AI could displace roughly 7 million jobs in the country, it could also create 7.2 million jobs, resulting in a modest net boost of around 200,000 jobs. The impact of AI on individual sectors is set to vary, however. In the health and social work sector, PwC said that the number of people employed could rise by almost 1 million, while jobs in manufacturing could fall by roughly 25 percent, a net loss of almost 700,000 roles. "Major new technologies, from steam engines to computers, displace some existing jobs but also generate large productivity gains," John Hawksworth, PwC's chief economist, said in a press release.

According to CNET, Nest has announced today that Marwan Fawaz will no longer be its CEO. As part of his departure, Nest will now be folded into Google's home and living room products team. In a joint interview with Fawaz, Rishi Chandra, vice president of product management for Google's home and living room products, said that the combination would make it easier for Google to integrate some of its machine learning technology and artificial intelligence into Nest products. This move comes six months after Nest merged with Google's hardware division. Nest co-founder Matt Rogers left soon after as well.

Infinia ML announced today that it had been named a Hot Vendor in the field of machine learning by HfS Research. The HfS report notes Infinia's "mission to link ML development to measurable business impact for its clients", its "distinguished leadership team", and its "dedication to research and innovation." According to HfS, Infinia ML's "experience, talent, and IP has earned it the HfS Hot Vendor tag." The report highlights Infinia ML client projects in contract analysis, pay benchmarking, ultrasound image identification, cancer detection, and more. HfS says its Hot Vendors, chosen via a five-step assessment process, "display truly differentiated offerings and out-of-the-box thinking that can be both inspiring and useful."

Anaconda Inc. announced today it is leveraging Docker containers and Kubernetes clusters to accelerate the development of AI applications built and deployed using graphical processor units (GPUs) from NVIDIA. Previously, Anaconda added support for Docker and Kubernetes to version 5.0 of Anaconda Enterprise, a commercially supported instance of an open source platform for developing, governing and automating data science and AI pipelines on Intel processors. A version 5.2 of Anaconda Enterprise extends that platform to add support for GPUs. Matthew Lodge, senior vice president of products and marketing at Anaconda, says that training AI applications has been proven to be significantly faster on GPUs. But over time, developers of AI applications will be employing a broad range of algorithms across Intel processors, GPUs, field programmable gate arrays and new classes of processors such as the TPU processors developed by Google, which are designed specifically for AI applications.

Certain statements included in this news release constitute forward-looking statements or forward-looking information under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information in this news release include, but are not limited to, management's targets for the Company's growth in 2017, as well as the size, scope, and timing of the implementation of projects currently in the pilot phase.

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20% of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25%, representing a net loss of nearly 700,000 jobs.

Shanghai-based computer vision company Yitu announced today that it has acquired an additional US$100 million in funding, with China Industrial Asset Management as the sole investor this round. Yitu is one of China's four AI unicorns, along with Face, Cloudwalk and SenseTime. On June 12th, 2018, Yitu completed its C Round with US$200 Million from GC Capital, ICBC International, and SPDB International. This new funding raises Yitu's valuation to over US$2.3 billion. Yitu was found in 2012 and focuses on computer vision, natural language processing, knowledge reasoning, intelligent hardware, and robotics.