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Etsy opens machine learning center in Toronto

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E-commerce company Etsy announced today that it will open a new artificial intelligence research and development center in Toronto, Canada. The company broke the news yesterday during a meeting with Canadian Prime Minister Justin Trudeau in New York City. Etsy's third Machine Learning Center of Excellence, which follows on the heels of its Brooklyn and San Francisco locations, will play host to leading figures from local universities and Toronto's "deep pool of world-class machine learning talent," according to a statement. It will also aid in the company's efforts to recruit machine learning engineers. According to Etsy, the Canadian e-commerce market's growth was a deciding factor.


ActiveCampaign Brings Machine Learning to SMBs with Win Probability

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ActiveCampaign is focused on providing value with features that ultimately save time. With the introduction of Win Probability, users are armed with actionable insights that enable them to sell more efficiently and effectively, giving users more time to focus on business initiatives. "Machine learning is often seen as a black box where users aren't sure what's happening behind the scenes," said Jason VandeBoom, Founder and CEO of ActiveCampaign. "Win Probability is built to give our users visibility into what's driving the predictions as they know their business better than we ever could. By giving users the ability to customize the inputs, they can uncover the actions that make the most impact and better allocate their resources based on the likelihood of winning a deal."


Immuta Unveils Playbook for GDPR Compliant Data Science

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Based on their work with global public and private sector clients, Immuta outlines how enterprises can ensure their data science programs are GDPR compliant. Immuta's co-founder and Chief Technology Officer, Steve Touw, will highlight best practices for a 100 percent GDPR Compliant Data Science Program in his conference session "How will the GDPR impact machine learning?" on Wednesday, May 23, 2018 at Strata Data Conference London. According to Gartner, fewer than 50 percent of companies falling under GDPR will be compliance-ready by the end of 2018. GDPR requires a new, scalable, privacy-preserving approach to AI and machine learning initiatives. Immuta's platform enables algorithmic-driven enterprises to quickly connect to data with any tool, dynamically control data from any source, and fully comply with GDPR to enable fast, legal and ethical data science.


Machine-Learning: The New Master of Financial Markets

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The rise of artificial intelligence is fast disrupting the financial universe and establishing new paradigms of understanding and action. Computers now drive market velocity, and because the volume of available financial information has expanded exponentially over the last few decades, machines have become indispensable to deciphering these mountains of megabytes in order to create clear-cut actionable intelligence. Given the large data sets and quantitative nature of the modern-day financial services sector, artificial intelligence (AI) has innumerable applications that are poised to revolutionize the industry over the next few years. AI saves companies time and money through the use of algorithms to generate insights, improve customer service and make calculated performance predictions. Because of the ability to foresee market trends and deliver analysis and insights far better than humans, information behemoths and financial titans such as S&P Global Inc. (NYSE: SPGI), Euronext NV (OTC: EUXTF), The Blackstone Group, L.P. (NYSE: BX) and Thomson Reuters Corp (NYSE: TRI) are integrating and increasingly acquiring machine-learning, artificial intelligence technologies such as those provided by AnalytixInsight Inc. (TSX-V: ALY) (OTC: ATIXF) (ATIXF Profile), which offers investors a compelling opportunity to participate in this industry shift.


Artificial Intelligence And Digital Storage At Dell Technologies World

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At the Dell Technologies World, the company continued its flash first, NVMe end-to-end, storage approach with its new products. The company was also incorporating Artificial Intelligence (AI) capabilities into its server and storage products. Michael Dell-led an interesting announcement of new server and storage products that included applications for Dell products such as for New Jersey-based AeroFarms factory farms and a doctor from USC talking about using Dell-based VR for treatment of PTSD. Dell introduced its Dell EMC PowerMax, which the company said it built for mission-critical applications and is engineered with end-to-end NVMe, ready for Storage Class Memory (SCM) and NVMe over Fabrics (NVMe-oF). . Dell says that they have a seamless migration path from the older VMAX product.


The first wireless flying robotic insect takes off

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To power RoboFly, the engineers pointed an invisible laser beam (shown here in red laser) at a photovoltaic cell, which is attached above the robot and converts the laser light into electricity.Mark Stone/University of Washington Insect-sized flying robots could help with time-consuming tasks like surveying crop growth on large farms or sniffing out gas leaks. These robots soar by fluttering tiny wings because they are too small to use propellers, like those seen on their larger drone cousins. Small size is advantageous: These robots are cheap to make and can easily slip into tight places that are inaccessible to big drones. But current flying robo-insects are still tethered to the ground. The electronics they need to power and control their wings are too heavy for these miniature robots to carry.


Oracle acquires machine learning platform Datascience.com

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Oracle announced today that it has acquired DataScience.com, Financial terms of the deal were not disclosed. In the near term, not much will change for customers of Datascience.com But Oracle envisions combining its Cloud Infrastructure service with Datascience.com's "Every organization is now exploring data science and machine learning as a key way to proactively develop competitive advantage, but the lack of comprehensive tooling and integrated machine learning capabilities can cause these projects to fall short," Amit Zavery, vice president of Oracle's Cloud Platform, said in a statement.


Business News: Vlocity, Weather Analytics, Chubb

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Vlocity, Inc., a cloud software company, announced the launch of automated claims features in their apps. The launch includes end-to-end management of property and casualty (P&C) insurance claims for policyholders, agents and claims handlers, and enables dynamic, digital claims interactions from any device. New features include peril-driven adjudication and an adjuster workbench that enhance a carrier's ability to run their entire business on Salesforce. Carriers can download pre-configured claims processes from Vlocity's Insurance Process Library and leverage a modern, optimized user experience. Carriers, if they prefer, can create a completely new experience from scratch in a code-free environment using Vlocity's intuitive design interface.


Artificial Intelligence to Boost the Gambling Market in the UK Technavio

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LONDON--(BUSINESS WIRE)--May 16, 2018-- latest market research report on the provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. This press release features multimedia. Technavio has published a new market research report on the gambling market in the UK from 2018-2022. According to Technavio analysts, the gambling market in the UK will grow at a CAGR of over 5% during the forecast period. One of the key factors driving the growth of the is the increased adoption of online platforms for gambling.


Ericsson Pioneers Machine Learning Network Design for SoftBank

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SoftBank Corp. ("SoftBank"), a leading mobile operator in Japan, has implemented an innovative method for radio access network design from Ericsson (NASDAQ: ERIC), based on machine intelligence. The service groups cells in clusters and takes statistics from cell overlapping and potential to use carrier aggregation between cells into account, thus reducing operational expenditure and improving network performance. Compared to traditional network design methods, it cut the lead time by 40 percent. Ryo Manda, Radio Technology Section Manager at the Tokai Network Technology Department of SoftBank, says: "We applied Ericsson's service on dense urban clusters with multi-band complexity in the Tokai region. The positive outcome exceeded our expectations and we are currently proceeding in other geographical areas with the same method and close cooperation with Ericsson."