JERSEY CITY, N.J., June 5, 2018 - Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced a strategic alliance with Omnitracs, LLC, a global pioneer of fleet management solutions to transportation and logistics companies. As the first large-fleet commercial telematics service provider to align with Verisk, Omnitracs will now offer its subscribers the ability to contribute data to the Verisk Data Exchange(TM) and apply analytics to the operational safety of their connected fleets. Through the alliance, fleet owners have the option to transfer driving data collected by their Omnitracs telematics platform, the company's Software-as-a-Service (SaaS) fleet management solution, into the Verisk Data Exchange. By contributing their driving data, Omnitracs subscribers will be able to take advantage of fleet insurance services from participating insurance providers and receive operational safety feedback through focused analytics while keeping fleet managers in complete control of their data. "We're excited to expand our telematics-based insurance services to Omnitracs customers and help the insurance industry address the challenging commercial auto risk segment through innovative tools and solutions," said Saurabh Khemka, senior vice president and general manager, Verisk IoT/Telematics.

San Jose, CA, May 31, 2018 (GLOBE NEWSWIRE) -- The Tech Museum of Innovation is opening a new immersive exhibit which invites visitors to collaborate with AI-powered robots to bring their creations to life. With Animaker, visitors step into a large-scale projection of a jungle temple where robots invite them to form animals out of LEGO/Duplo bricks. Their creations are analyzed by the robots, incorporating cutting edge 3D-scanning technology and an AI-powered search engine that understands 3D content. The animals then come to life in a virtual ancient temple, and can be personalized by changing their look and behavior. This is the first experience in the world where children play and learn about AI by training machines to recognize different interpretations of real world objects.

AMD just did Intel one better at Computex. Intel wowed the Taipei crowds on Tuesday with a 28-core Core chip, which the company promised by the end of the year. One day later, on Wednesday, AMD announced Threadripper 2--and at 32 cores and 64 threads, it will easily top what Intel promised. AMD's Threadripper 2 announcement was the highlight of the company's press conference, which didn't have much to offer in the way of new announcements in graphics. AMD did say that its Vega 56 Nano for mini-ITX systems is now shipping.

Artificial intelligence (AI) technology is progressing at a rapid pace, as is the application of the technology to solve real-world problems. While the market for chipsets to address deep learning training and inference workloads is still a new one, the landscape is changing quickly – in the past year, more than 60 companies of all sizes have announced some sort of deep learning chipset or intellectual property (IP) design. A new report from Tractica finds that virtually every prominent name in the technology industry has acknowledged the need for hardware acceleration of AI algorithms and the semiconductor industry has responded by offering a wide variety of solutions. Tractica forecasts that the market for deep learning chipsets will increase from $1.6 billion in 2017 to $66.3 billion by 2025. System-on-a-chip (SoC) accelerators such as those found in mobile devices will lead the market in terms of sheer volumes by the end of the forecast period, followed by application-specific integrated circuits (ASICs) and graphics processing units (GPUs).

ITRealty intelligently analyzes the multiple listing services (MLS) that brokers and agents use to find/list properties, establish contractual offers of compensation among brokers, and accumulate and disseminate information to enable appraisals. "It does not matter anymore how far in the past comparable properties were sold", says Yuriy Setko, "Our algorithms will analyze where the market was for that particular type of property, in that particular neighborhood in the past, and apply the time adjustment percentage to the selling price to give you that property's market price as if it was sold yesterday." You usually have a good number of comparables to see if the asking price is right". It also helps to precisely determine the market price when putting up a property for sale. ITRealty tracks price drops on MLS, along with other listing analysis algorithms, to find "motivated sellers", as well as drawing supplementary data on real estate not found on MLS.

June 04, 2018, Taipei: Tata Elxsi, a global design and technology services company, is showcasing solutions and services for digital technologies including IoT, AI and Extended Reality at Computex Taipei between June 5-9, 2018. "Tata Elxsi is working with leading operators, OEMs and ODMs across industries such as automotive, communications, broadcast, consumer electronics and healthcare for digital transformation", said Nitin Pai, Senior Vice President - Marketing, Tata Elxsi. "We look forward to collaborating with Taiwanese companies to help them create smarter, connected products and services for the global market." Edge IoT platform: Tata Elxsi's powerful software platform allows easy integration, management and control of diverse devices and sensors for applications such as smart home and connected healthcare. Edge AI solution: Tata Elxsi's Deep Neural Network (DNN) edge compiler allows AI algorithms to be embedded on low power, low compute and unconnected devices, transforming them into smart edge devices.

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite. "AI, machine learning and neural network solutions are the future of delivering enhanced productivity and capabilities to our clients, and we are very excited about the potential HeavyWater has to offer," Black Knight CEO Anthony Jabbour said in a press release. "Now, with HeavyWater a part of Black Knight, we'll be able to apply this groundbreaking technology at scale and pursue our shared goal of transforming the industry." The acquisition price was not disclosed. HeavyWater has been using its AIVA technology to help lenders verify income, assets and insurance.

Waymo, the self-driving subsidiary of Google-parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), took its first delivery of 100 Chrysler Pacifica minivans supplied by Fiat Chrysler Automobiles (NYSE:FCAU) in December of 2016, adding an additional 500 to its corral in April 2017. Earlier this year, the companies announced that Waymo would be adding "thousands" more minivans to its fleet, though it didn't specify how many. This article originally appeared in the Motley Fool. The companies just revealed the extent of their partnership, which will see Waymo adding up to 62,000 Chrysler Pacific Hybrid minivans to its fleet, more than 100 times the 600 it currently drives. While terms of the deal weren't made public, this total could exceed $2 billion, and delivery of the cars is expected to begin later this year.

In order to drive awareness of the benefits and understand the challenges of AI (such as on ethics[1] and legal issues), IMDA is engaging key stakeholders including government, industry, consumers and academia to collaboratively shape the Government's plans for the AI ecosystem. Such discourse will inform the Government's ongoing plans to support Singapore as a hub for AI development and innovation, and help Singapore to effectively respond to global developments. These initiatives complement IMDA's current suite of business and talent programmes to develop a vibrant AI ecosystem and position Singapore as a leading hub for AI. An Advisory Council on the Ethical Use of AI and Data will be appointed by the Minister for Communications and Information to advise and work with IMDA in the areas of responsible development and deployment of AI. The Advisory Council will assist the Government to develop ethics standards and reference governance frameworks and publish advisory guidelines, practical guidance, and/or codes of practice for the voluntary adoption by the industry.

NET ENERGY INC Founded in 2005, Net Energy Inc. is the original electronic trading platform and brokerage for crude oil in Canada. Net Energy connects motivated buyers and sellers in a transparent, reliable trading forum, and flows trade, settlement, and index data directly into customers' back-office risk, credit, and accounting applications. Headquartered in Calgary, Alberta, Canada, the knowledgeable and experienced trading desk is continually developing and expanding into new markets and currently offers over 300 physical energy and financial products available for transacting in real time. Net Energy is recognized by the Alberta Securities Commission as a Crude Oil Derivatives Exchange for its suite of financial products.