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OrboGraph Highlighted as "Top 10 Artificial Intelligence (AI) Solution Providers to Watch in 2018" by The TECHNOLOGY HEADLINESCheck and healthcare payments ripe for adoption of new technologies. Markets Insider

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BILLERICA, Mass., Feb. 15, 2018 (GLOBE NEWSWIRE) -- OrboGraph, a premier developer and supplier of intelligent electronic/paper automation leveraging recognition technologies, image validation and check fraud detection for the U.S. check processing and healthcare revenue cycle markets, was recently highlighted in the February edition of The TECHNOLOGY HEADLINES: "Top 10 Artificial Intelligence (AI) Solution Providers to Watch in 2018". Artificial Intelligence investment will reach around $150 billion by 2030 across major industries such as automotive, banking and healthcare. OrboGraph's focus is to automate payments via Intelligent Payment Automation technology. The company looks at AI to improve efficiencies into the entire payment mix and facilitate electronification of payments, which ultimately reduces payment costs. Walk down the isle of any banking or healthcare trade show and it seems like almost every vendor has an AI story.


NYU Tandon School of Engineering Explores the State of Artificial Intelligence with New Seminar Series

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The first event will feature Yann LeCun, Facebook's director of AI research and a member of the New York University faculty. LeCun will inaugurate the series on Tuesday, February 20, 2018, from 10 to 11 am in Downtown Brooklyn, at NYU Tandon's Pfizer Auditorium, 5 MetroTech Center. Registration is free and open to all. His address, "Obstacles to Deep Learning and AI," will explore a new frontier: predictive models that capture the "common sense" exhibited by humans and animals, who often learn by observation and occasional action. LeCun's pioneering work in the application of neural networks to computer vision and other AI areas led to products and services deployed across most technology companies.


FDA clears AI platform that quickly alerts specialists to strokes

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The FDA cleared Viz.ai's clinical support tool on Feb. 13, allowing the software that alerts clinicians to the possibility of a stroke to be marketed in the United States. The product uses an algorithm to analyze CT images of the brain and send text notifications to neurovascular specialists if a large vessel blockage is present, according to the FDA's news release. The notification would be sent at the same time a radiologist is manually reviewing the images, potentially leading to faster treatment. Timely treatment is critical in stroke, the fifth-leading cause of death in the U.S. and a major cause of disability. About 795,000 Americans have a stroke each year, according to the Centers for Disease Control and Prevention (CDC).


New Zealand Retailer Foodstuffs to Trial World-First Artificial Intelligence Shopping Solution

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New Zealand-based artificial intelligence company IMAGR announced today that it's upping the grocery game by launching its innovative solution SMARTCART to a Four Square store in the Auckland suburb of Ellerslie. The move comes as retailers around the globe look for ways to give consumers more streamlined methods and checkout-less options for shopping, including the recent launch of Amazon Go in Seattle. The New Zealand store will be the flagship Foodstuffs retail outlet to trail SMARTCART, a computer vision technology retrofitted to shopping baskets and carts that recognises products as soon as they are placed inside, eliminating the need for barcode scanning, checkouts and queueing. "We're delighted Foodstuffs is the first retailer in the world that we're partnering with to make this happen This is the first significant step in enhancing the way we do our grocery shopping here in New Zealand and abroad," said IMAGR founder William Chomley. "It's great to see Foodstuffs embracing technology like this to empower customer experiences."


Free Deep Learning Textbook

@machinelearnbot

The Deep Learning textbook is a resource intended to help students and practitioners enter the field of machine learning in general and deep learning in particular. The online version of the book is now complete and will remain available online for free.


ARM Wants to Bring Machine Learning to Next-Gen Edge Devices with New Chips

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ARM Holdings announced today Project Trillium consisting of a new suite of ARM IP designed from the offset to bring machine learning to edge devices. The new ARM IP suite will include scalable processors designed to deliver enhanced neural network and machine learning functionality with a focus on the mobile market, according to ARM, which also revealed the fact that they'll enable a new class of machine learning-equipped devices that feature advanced computing capabilities. "The rapid acceleration of artificial intelligence into edge devices is placing increased requirements for innovation to address compute while maintaining a power efficient footprint. To meet this demand, Arm is announcing its new ML platform, Project Trillium," said Rene Haas, president, IP Products Group, Arm. The company said that the high-performance AI and machine learning capabilities, as well as the advanced scalability and flexibility of its new processors developed as part of Project Trillium are required by new devices and will open the door to the development of more advanced smart devices.


Elon Musk's Tesla Roadster could crash back into EARTH

Daily Mail - Science & tech

In the middle of this live stream image of the car, on the center screen, are the words'Don't Panic'. This a reference to The Hitchhiker's Guide to the Galaxy, the 1979 book that was first in a series by Douglas Adams about an accidental space traveler, Arthur Dent Two of the Falcon Heavy's reusable boosters - both recycled from previous launches - returned minutes after lift-off for on-the-mark touchdowns at Cape Canaveral. Sonic booms rumbled across the region with the synchronised vertical landings. However, the craft's third and final booster missed its target - a drone ship in the Atlantic Ocean - by about 328 feet (100 metres). In a press conference after the launch, Musk said early reports show the rocket's central core'hit the water at 300 miles per hour (480kph) and sprayed the drone ship with shrapnel'.


Artificial Intelligence in Marketing Market Worth 40.09 Billion USD by 2025

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According to the "Artificial Intelligence in Marketing Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Context-Aware Computing, NLP, Computer Vision), Deployment Type, Application, End-User Industry, and Geography - Global Forecast to 2025", published by MarketsandMarkets, the market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based marketing and sales solutions. Browse 67 tables and 59 figures spread through 200 pages and in-depth TOC on "Artificial Intelligence in Marketing Market - Global Forecast to 2025" Software holds a major share of the overall AI in marketing market owing to the developments in AI software and related software development kits. AI systems require different types of software, including application program interfaces, such as language, speech, vision, and sensor data, along with machine learning algorithms, to realize various applications for sales and marketing. Software platforms and solutions are available at high costs as there are limited number of experts that develop machine learning algorithms.


Axway Partners with Elastic Beam to Leverage Artificial Intelligence for API Security

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PARIS--(BUSINESS WIRE)--To protect global organizations against ever-increasing security threats, Axway (Paris:AXW) (Euronext: AXW.PA) a catalyst for digital transformation, today announced a global partnership with Elastic Beam, an innovative Silicon Valley-based company that uses artificial intelligence (AI) algorithms to protect APIs. Together, Axway and Elastic Beam will help organizations achieve optimal security and ecosystem engagement by leveraging an AI engine, integrated with Axway API Gateway, that automatically detects and blocks new attacks on APIs. The Elastic Beam integration leverages pre-configured Axway API Gateway policy available through Axway Marketplace that enables customers full control over their environment. The solution will be featured at APIdays Paris. APIs are an essential element for modernizing IT infrastructures and represent a new attack surface that is increasingly targeted by hackers to take over accounts, steal critical consumer and business data, delete important information, commit fraud and conduct other harmful activity, including DDoS attacks on APIs.


Oracle Launches AI Apps For CFOs PYMNTS.com

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Oracle is rolling out new mobile apps deploying artificial intelligence (AI) targeted at chief financial officers (CFOs) and other corporate finance professionals. The company issued a press release on Tuesday (Feb. The tools aim to enhance existing solutions in the enterprise via automation and can be applied to an array of processes, including procurement, financial management and order management. "To increase their agility, organizations need to leverage the right tools to help improve process efficiency and uncover insights that can guide a business forward," said Oracle Applications Development Senior Vice President Rondy Ng in a statement. "Oracle helps finance leaders drive business transformation with ready-to-go applications that combine advanced machine learning with the industry's most comprehensive suite of cloud applications to deliver immediate value and results."