Artificial intelligence healthcare technology company Medopad has just landed $28 million in a Series A funding round with lead investments from China's NWS Holdings. But the company announced that its goal is to raise $120 million in the next few months. This funding comes after Medopad struck a series of 15 trade deals with Chinese firms, collectively worth more than $140 million (100 million pounds). Medopad was a member of the trade delegation that the UK recently sent to Beijing and Shanghai. "We now have several amazing strategic investors in the business, which is a great achievement for us as we gear for significant growth and scale our business," Dan Vahdat, CEO of Medopad, said in a statement.

Newswire) CognitiveScale today announced a completed project with NBCUniversal using its artificial intelligence (AI) technology to transform the way NBCUniversal analyzes video to determine what makes a successful ad. The first-of-its-kind project resulted in valuable insights that empowers NBCUniversal to use AI to deliver new ad sales options and services to its clients. With the successful video project, CognitiveScale demonstrated how augmented intelligence can span all forms of data to deliver AI-powered technological innovations to increase everything from content creation and monetization to programming and customer retention to pricing and market share. Before now, media and entertainment companies had vast amounts of information contained within video, but had limited ways to derive actionable insights at scale from that data. Early promises of analytics for big data have fallen short, as often organizations do not know the right questions to ask of the data, let alone gather the types of actionable insights that can help them drive new services and improve customer offerings.

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According to IDC MarketScape, the SAP Hybris Marketing Cloud solution provides customers with a unique opportunity to employ artificial intelligence (AI) and machine learning (ML) across many use cases and levels of complexity. "The AI and ML use cases available from SAP Hybris Marketing Cloud are invaluable to digital marketers, particularly those operating at scale where rapid decision-making is crucial to conversion rates, average sale value and customer experience and loyalty," said Gerry Murray, director, IDC Marketing and Sales Technology Research. "It's currently all baked in at no additional cost, so customers of SAP Hybris solutions should embrace this technological windfall and accelerate to the forefront of AI-enabled marketing." According to Marcus Ruebsam, senior vice president and global head of SAP Hybris solution management at SAP, enterprises recognize the value of a sustainable customer experience infrastructure that combines efficiencies such as AI-enabled recommendation engines, attribution analysis, interest affinity and social sentiment analysis. He believes that in the era of the customer, today's businesses must apply these types of capabilities in a single platform to truly optimize customer engagements and drive loyalty.

Face recognition has spread from airports to soccer games to elementary schools and now, farms and stables. Global food giant Cargill announced Wednesday that it is partnering with Cainthus, an Irish computer vision company, to pilot face recognition technology on cows starting this year. Privacy advocates may be less concerned by the threat of an encroaching bovine panopticon, but the worldwide pilot speaks to how both AI and face recognition technologies are slowly being embedded in all aspects of modern life. In a press release, Cainthus said the plan is to use face recognition to track the behavior, eating patterns, and overall health of livestock, then send instant alerts directly to farmers. By installing cameras in feeding areas, AI will scan cows' faces, then determine a baseline of typical behavior.

Artificial intelligence (AI) is an increasingly important part of the financial technology sector, specifically in analysing stocks and providing insights into the markets that human analysts alone can't make. As such, AI-driven funds hold an increasingly large portion of the market, moving this technology into the mainstream. The result is a large opportunity for investors using this technology or investing in the companies producing it. Significant steps are being taken by companies such as AnalytixInsight (ATIXF Profile), whose flagship CapitalCube cloud-based analytics empowers investors to evaluate the potential of companies and portfolios. Other companies are also taking note of AI's increasing value.

Brisbane, Australia-based M3DICINE is the latest device maker looking to distance physicians from their signature rubber-tubed stethoscopes. Today, the company announced the launch of Stethee, a wireless, artificial intelligence-boosted stethoscope that pairs with an iOS or Android app to quickly capture and analyze heart and lung data. "This most iconic and enduring symbol of healthcare is now reinvented, into an intelligent and sophisticated medical device -- a powerful diagnostic assistant that becomes more intelligent the more it is used," Dr. Nayyar Hussain, founder and CEO of M3DICINE, said in a statement. "The complementary Stethee Apps bring the power of machine learning and deep neural networks to health professionals worldwide who can use this data not only to monitor the progress and health of individual patients, but collectively to uncover new patterns and trends to help in the fight against heart and lung disease globally." Stethee, which was cleared by the FDA late last year, filters and amplifies the sounds of a patient's heart or lungs before sending the audio to a user's connected headphones via Bluetooth.

Alibaba, China's largest online retailer, is deploying its cloud-computing power to save Asia's cities from their suffocating traffic. Its subsidiary AliCloud announced today (Jan. The company previously deployed its traffic-management system, called City Brain, in Hangzhou, China--where Alibaba is headquartered--in September 2016. Afterwards, average traffic speed increased 15%, and traffic violations were reported with 92% accuracy, Reuters reports. City Brain makes live traffic predictions, optimizes traffic flow, and detects traffic incidents using data from video footage, traffic bureaus, public transportation systems, and mapping apps.

On Tuesday, January 23rd, the 48th World Economic Forum (WEF) got underway in Davos, Switzerland. This year, the world's top business and political leaders, economists and representatives from academia are gathering under the theme of "Creating a Shared Future in a Fractured World." In this context, the participants will focus on inclusive growth, sustainable development and the impact of the Fourth Industrial Revolution. The main objective of the meeting is to engage chief executives, political leaders, academia members and technology pioneers to advance multiple agendas, such as the Global, Geopolitical, Economic, Regional, Industry and Business, and the Future Agenda. In a press conference ahead of the meeting, key representatives gave an update on the World Economic Outlook.

Newswire) American Express (NYSE:AXP) today announced it has acquired Mezi www.mezi.com, a personal travel assistant app that helps consumers plan and book trips. The Mezi app allows travelers to simply message their requests for flights, hotel or restaurant reservations, and Mezi provides recommendations and makes travel arrangements at the customer's request. Founded in 2015, Mezi uses artificial intelligence (AI) and human expertise to personalize the online travel discovery and booking experience. By learning travelers' preferences and understanding the way customers make requests using natural language, Mezi gets smarter and more efficient over time. "Mezi's AI-powered experience opens up exciting new ways for us to connect with and serve our Card Members and creates opportunities for us to build more meaningful relationships with them," said Phil Norman, Vice President of American Express Digital Labs.