LONDON--(BUSINESS WIRE)--Infiniti Research, a world-renowned market intelligence solutions provider, has announced the completion of their latest list blog on the 4 artificial intelligence trends that will dominate 2018. Artificial intelligence (AI) is well-poised to drastically change the way people use technology to get work done. With the suitable dataset behind it, AI can help ease many monotonous and redundant tasks, changing the way humans perform their tasks. AI has achieved a higher level of advancement this year. However, Google Duplex is just one demo amongst many other tech trends, areas where artificial intelligence has been making progress.

According to data published by Grand View Research, the global artificial intelligence market size is projected to reach $35.87 billion by 2025, while growing at a CAGR of 57.2 percent. The report indicates that rapid improvements in fast information storage capacity, high computing power, and parallelization are some of the factors that are contributing to the rapid innovations of robotics and artificial intelligence technology. AI becomes prominent in end-use industries such as automotive and healthcare. In addition, there is strong demand for understanding and analyzing visual contents and gaining meaningful insights, which is also expected to provide strength to the market over the forecast period. A report by the McKinsey Global Institute surveyed companies about their use of AI.

Munich, Germany – 25 May 2018 – The more electronics steer, accelerate and brake cars, the more important it is to protect them against cyber attacks. That is why 15 partners from industry and academia will work together over the next three years on new approaches to IT security in self-driving cars. The joint project goes by the name Security For Connected, Autonomous Cars (SecForCARs) and has funding of €7.2 million from the German Federal Ministry of Education and Research. Infineon is leading the project. Vehicles already offer diverse communication interfaces and more and more automated functions, such as distance and lane-keeping assist systems.

Car Wars, the leader in AI call routing and marketing analytics, announced today its sponsorship of PCG Companies' Digital Marketing Strategies Conference. During the conference, Car Wars Executive Vice President of Business Development and former Van Tuyl Group Marketing and CRM Director, Cassie Broemmer, will host a panel featuring some of the nation's largest dealer group executives; executives include Geno Walsh with Qvale, Adam Simms with Price Simms and Paul Nygaard with Larry H. Miller. The expert group plans to discuss how and why dealers should provide the most optimal customer service experience -- starting with the phone. "The easiest and most effective way for a dealer to see an ROI boost and grow market share is to get better on the phone," Broemmer said. "I'm looking forward to showing how getting back to the basics -- coupled with groundbreaking AI technology -- will take the dealerships we know and love to the next level in Sales and Service."

The Global Artificial Intelligence In Insurance Market Report includes a comprehensive analysis of the present market. The report starts with the basic Artificial Intelligence In Insurance Market overview and then goes into each and every detail. Houston, TX -- (SBWIRE) -- 05/26/2018 -- Artificial Intelligence In Insurance Market research report offers comprehensive insight into the key growth drivers, notable challenges, prominent trends, recent technological advancements, and the competitive landscape. The study presents a critical assessment of the scope of key applications and the innovations in products brought about by key players. It further takes a closer look at prevailing regulatory landscape in major regions and identifies promising avenues.

Located in Toronto's downtown core at MaRS Discovery District, the new Samsung AI Centre will contribute to building the connected future by accelerating the adoption of intelligence on multiple devices ranging from household appliances to cars. The Toronto AI Centre is a part of a network of research Centres dedicated to research and development in the field of AI. The Centre is the second Samsung AI Centre to be established in North America, with the other in Mountain View, California. The North America AI Centres are led by senior vice president, Dr. Larry Heck, a renowned expert in machine learning for spoken and text language processing, who also co-leads the expansion of Samsung's AI Centres around the globe. "Toronto and the GTA are epi-centres of machine learning and one of the world's foremost hubs for AI research and development. Home to not only world-class talent, but also some of the most innovative start-ups in the artificial intelligence field," said Dr. Larry Heck, Co-Head of Global Artificial Intelligence Research.

Developers using the edge computing platform may be interested in a new piece of hardware created by UP based in the Netherlands called UP AI Edge. As the name suggests it adds artificial intelligence and hardware acceleration'ON' the Edge of the Internet of Things. Watch the demonstration video below to learn more about the UP hardware and its specifications. The UP AI Edge platform offers developers and users and ultra-compact form factor, combining three powerful Intel technologies together into one device providing an Intel Apollo Lake SoC, Intel Movidius Myriad 2 VPU and Intel Cyclone 10GX FPGA. "Not long ago the trend has changed from the Internet of Things to Artificial Intelligence. At UP, we didn't only stop at talking about this shift but we began to actually make it! Not forgetting the post-it sized computing platform, UP Core, we've been launching each exciting project successively. With refueled excitement, we bring you UP AI Edge. The first embedded, ultra compact, high performance, low power consumption, Artificial Intelligence platform for Edge computing."

Uber has announced plans to open a new laboratory for the development of its futuristic flying taxis. The company said it will invest £17.5 million ($23 million) over five years to build air traffic control systems, AI algorithms, charging systems and more. The propeller-powered vehicles will be small, electric aircraft that take off and land vertically (VTOL) with zero emissions and quiet enough to operate in cities. Engineers and artificial intelligence experts at the new research centre in Paris will be tasked with designing the vehicles ahead of the service's launch by 2020. Uber has announced plans to open a new laboratory for the development of its futiristic flying taxi service (artist's impression) Set to open this autumn, the Advanced Technologies Centre in Paris (ATCP) will be Uber's first R&D centre outside North America. The laboratory will work directly with prominent engineering school Ecole Polytechnique, also based in the French capital.

Uber has wildly ambitious plans to send flying taxis soaring over cities, but building them will be orders of magnitude harder than anything it has ever done. As such, the company announced that it will open a Paris lab dedicated to its Elevate program called the Advanced Technologies Center in Paris (ATCP). Uber will spend €20 million ($23.4 million) over five years to develop the AI algorithms, air traffic control and other tech necessary for the service. Uber will recruit engineers, AI specialists and computer vision researchers when the center opens this fall. "Initial projects will include: machine learning-based transport demand modeling, high-density low-altitude air traffic management simulations, integration of innovative airspace transport solutions with European aviation regulators such as EASA, and the development of smart grids to support future fleets of electric transport on the ground and in the air," Uber said in a press release.

National Bank is pleased to announce that Manuel Morales will join its team in the position of Chief Scientist, Artificial Intelligence. The main task of this accomplished researcher from the Université de Montréal will be to head the research and implementation of technological solutions in the area of artificial intelligence at National Bank in order to improve customer experience. Manuel Morales is currently an Associate Professor in the Department of Mathematics and Statistics at the Université de Montréal. He has received several awards for his applied research in machine learning, and has contributed to the publication of numerous articles in this field. Mr. Morales will devote half of his time to National Bank, while pursuing his role at the university.