Impact of AI in the Digital and Broadcast Media Industry Impact of'Digitization' in the media space is likely to put over half a trillion USD at stake, as per industry estimates.The digital paradigm in the media industry is expected to restructure the entire business model. In the digital age, user experience has moved away from being content driven to'on-demand' delivery, offered in a device of consumer choice.Emphasis in the coming years is likely to be placed at the intersection of content, technology, and user experience. A number of emerging technologies are disrupting existing business models within the media industry and are offering new opportunities, which traditional enterprises are only beginning to acknowledge. Artificial Intelligence (AI) is being increasingly used to transform the way media houses create content and present them to viewers.AI, by virtue of its data driven intelligence and self-learning abilities, can be used to automate repetitive skill-based jobs. Additionally, AI can power the development of superior prediction engines that offer cutting-edge analytics and business intelligence to media enterprises globally.

SAN FRANCISCO--(BUSINESS WIRE)--Verge Genomics, a drug discovery company utilizing machine learning to develop new therapeutics, announced today that it has raised $32 million in Series A financing led by DFJ. New biotech investors WuXi AppTec's Corporate Venture Fund, ALS Investment Fund, Agent Capital, and OS Fund also participated in the round. The oversubscribed round brings Verge's total funding raised to-date to more than $36 million. With this round, Emily Melton of DFJ will join Verge Genomics' Board of Directors. Founded in 2015, Verge intersects machine learning, neuroscience, and experimental biology to accelerate drug discovery.

LONDON–(BUSINESS WIRE)–Digital Surgery, a health tech company shaping the future of surgery through the convergence of surgical expertise and technology, today announced it has developed and successfully demonstrated the world's first real-time, dynamic artificial intelligence (AI) system designed for the operating room (OR). The company is building the data to power the future of surgery through its world-class and proprietary surgical procedure road maps, which aim to aid the surgical team in the OR, reducing risk and making surgery safer. Digital Surgery is the first patented AI platform bringing this scale of knowledge to the surgical community. "This is a huge milestone for the future of surgery because it lays the foundation for how AI and computer vision will support surgical teams to deliver safer surgeries. It also enables the next generation of robotic surgery, giving these future systems the capability to function more intelligently and safely," said Dr. Jean Nehme MD, co-founder and CEO of Digital Surgery.

LONDON--(BUSINESS WIRE)--Digital Surgery, a health tech company shaping the future of surgery through the convergence of surgical expertise and technology, today announced it has developed and successfully demonstrated the world's first real-time, dynamic artificial intelligence (AI) system designed for the operating room (OR). The company is building the data to power the future of surgery through its world-class and proprietary surgical procedure road maps, which aim to aid the surgical team in the OR, reducing risk and making surgery safer. Digital Surgery is the first patented AI platform bringing this scale of knowledge to the surgical community. "This is a huge milestone for the future of surgery because it lays the foundation for how AI and computer vision will support surgical teams to deliver safer surgeries. It also enables the next generation of robotic surgery, giving these future systems the capability to function more intelligently and safely," said Dr. Jean Nehme MD, co-founder and CEO of Digital Surgery.

Sabio, the Leaders in App Science, today announced the appointment of Dr. Jike Chong, Chief Data Scientist at Acorns, to its advisory board. Dr. Chong brings, to Sabio, extensive experience advising companies on how Artificial Intelligence can help solve the problems facing multiple industry verticals. Commenting on the appointment, Aziz Rahim, CEO of Sabio, stated, "Adding someone of Dr. Jike Chong's caliber to our advisory board further validates our business and approach to helping companies exceed their marketing goals through improved data analytics and insights. Dr. Jike Chong's contributions will enable us to continue empowering our clients with predictive business intelligence that gives a competitive advantage to today's mobile savvy marketers. We look forward to the strategic guidance Dr. Chong will provide Sabio's rapidly growing customer base and business."

DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. Their products are deployed by some of the world's largest financial institutions. The company develops and applies innovative machine-learning technologies to big data to predict financial, economic, and world events. The team is a group of passionate technologists, mathematicians, data scientists and programmers in Silicon Valley with over 100 patents to their names.

Microsoft on Friday introduced new Artificial Intelligence (AI)-powered capabilities in Microsoft 365 that will allow people in an organisation create live and on-demand events. Events can now be viewed in real-time or on-demand, with high-definition video and interactive discussion, the company said in a statement. Launched one year back, the adoption of Microsoft 365 has grown by more than 100 per cent – building on over 135 million commercial monthly Office 365 users, 200 million Windows 10 commercial devices in use, and over 65 million seats of Enterprise Mobility Security. "Today, we are introducing new ways Microsoft 365 connects people across their organisation and improves collaboration habits, including new AI-infused capabilities," said Ron Markezich, Corporate Vice President for Microsoft. AI-powered services will include speech-to-text transcription, time coding, transcript search and closed captions to make the event more accessible to all.

AthenasOwl (AO), an Artificial Intelligence for media solution, announces the launch of the'FIFA WC '18 Brand Rankings', where it ranks the top sponsors based on their screen presence during the live broadcast of the matches. Besides overall visibility, the rankings also provide brands with additional information on the field positioning where they were most visible, their visibility levels during match highpoints such as goals and substitutions, and how brands' ranking progressed through the tournament. "AO was born out of our belief that AI can be used to empower content creators, broadcasters and brands to understand and analyze video content better, and additionally identify important micro-moments. With the FIFA World Cup'Brand Rankings' we want to demonstrate how AI technology has evolved to analyze hours of video content and generate interesting insights, something that wasn't possible earlier" says Vivek Khemani, Co-founder of Quantiphi. He adds "Based on the data that the tagging engine is generating every day, we are publishing interesting trends in the rankings for the group and knockout stage matches" AO will be analyzing brand visibility through the FIFA World Cup and publishing rankings on fifa18.athenasowl.tv

Willis Towers Watson, a leading global advisory, broking and solutions company, and Relativity6, Inc., a machine learning and artificial intelligence (AI) insurance-technology company, today announced that Willis Towers Watson has selected the Relativity6 platform to predict and optimise customer retention and win-back. Brent Lehmann, General Manager Affinity & Commercial Australasia said the partnership with such an innovative technology company will help to ensure Willis Towers Watson remains competitive in the marketplace. "Relativity6's product offerings are a good fit to accomplish our strategic objectives across the organisation, so we are very excited to partner with them to take full advantage of the data that we have accumulated within our core systems in Australia." Alan Ringvald, Chief Executive Officer at Relativity 6, commented: "We are honoured to partner with such a distinguished organization. We believe that our solution will enable Willis Towers Watson to better serve their customers and ultimately drive significant top line revenue growth. We've engaged with top-tier insurers in the U.S. and Latin America, and this is a fantastic opportunity to expand our footprint with a truly global insurance broking brand."

Apple on Thursday announced a long-awaited update for the MacBook Pro, giving the laptops a much-needed performance bump but not any meaningful change in design. Most notably, Apple has not fully changed the design of the laptops' keyboards, which have drawn serious complaints from consumers who find them unreliable. The new models -- one 13-inch model and one 15-inch model, both with Apple's Touch Bar -- have new chips that Apple said should dramatically increase performance. The company said in a press release that the 15-inch model is up to 70 percent faster, while the 13-inch model is twice as fast. Both have more storage than before: The 15-inch model can go up to a four-terabyte solid-state drive, while the smaller model maxes out at two terabytes. The laptops will also have a new "Hey Siri" capability that allows people to trigger Apple's voice assistant without having to hit a combination of keys beforehand.