TORONTO, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM) (FSE:D4G) is pleased to announce its appointment of internationally recognized FinTech, InsurTech, and Artificial Intelligence (AI) influencer and venture capitalist Spiros Margaris to its advisory board. He regularly appears in the top three positions of established global industry influencer rankings. He is also ranked worldwide the No. 11 AI influencer by Jay Palter Social Advisory and the No. 10 blockchain influencer by Right Relevance. He is a speaker at international FinTech and InsurTech conferences, and he publishes articles on his innovation proposals and thought leadership. Recently, he published an AI white paper, "Machine learning in financial services: Changing the rules of the game," for the enterprise software vendor SAP.

Lunit Inc., a member company of the K-ICT Born2Global Centre, has developed a deep learning-based technology for analyzing medical images that dramatically lowers the rate of misdiagnosis. Currently, the AI technology is being subjected to a sophistication process in cooperation with major medical institutions in Korea, including Seoul National University Hospital, Severance Hospital of Yonsei University Health System, Samsung Medical Center, and Asan Medical Center. Anthony Paek, the CEO of Lunit, explained, "The data-driven imaging biomarker (DIB) technology that Lunit proposed for the first time ever in 2015 is an AI system that has learned abnormal and clinically significant image patterns from big data." He went on to add, "Currently, DIB technology has achieved an accuracy level comparable to that of human experts. In the future, however, we will have new DIB technologies capable of outperforming humans."

The "Artificial Intelligence Market in Insurtech: By Type; By Application - Forecast (2017 - 2022)" report has been added to Research and Markets' offering. Artificial Intelligence (AI) is described as the science of creating intelligent machines capable of performing real time tasks at a level of human expert emphasizing nearly every business operation across various business sectors. Traditional review methods in insurance sector posed several threats related to policy making, premium rates fixing and risk of grouping policy holders. The evolution of AI as an insurance technology is mitigating these risks and also supporting the insurers in decision making. The increased level of personalization and better outcomes to the customers offered by AI are the major driving factors for the rise of AI in insurance sector.

In May, the company outlined its vision for the future of computing at Microsoft Build. According to Microsoft SEO Satya Nadella, the future of computing "comes down to the design principles and choices we make. I believe we can make practical design choices that help enshrine our timeless values. The first one is that we empower people with technology. Let's use technology to bring more empowerment to more people."

Right now, artificial intelligence is used to make snap trading decisions in response to news reports. It could write this press release. Companies are rushing to integrate AI into products and services. In the rush, it is likely many companies – especially entrepreneurial companies - will make costly mistakes. According to Tal, "As executives become enamored and anxious about adopting AI technology, there is an increased chance for making a technology bet that can consume the assets of a company. It is critical that companies map out their opportunities, test and prove a tech integration before making a huge investment that could actually derail a company strategy."

The GLOBSEC NATO Adaptation Initiative, led by retired General John R. Allen, presented on Monday (27 November) its final report on the future of the Alliance. General John R. Allen is a retired United States Marine Corps four-star general, and past Deputy Commander of US Central Command, prior to serving as Commander of the International Security Assistance Force and US Forces Afghanistan (USFOR-A). Alexander Russell "Sandy" Vershbow is an American diplomat and former Deputy Secretary General of the North Atlantic Treaty Organisation. From October 2005 to October 2008, he was the United States Ambassador to South Korea. What is GLOBSEC and what is the purpose of the report? Gen. Allen: GLOBSEC is a think tank, a public policy research institute in Slovakia, headquartered in Bratislava.

Amazon saw a big win this holiday season. The company took over with its Echo devices after Apple's HomePod was delayed. Amazon announced on Tuesday the Echo Dot was the top-selling device across all categories on the shopping platform this holiday season. The company said it sold tens of millions of Alexa-enabled gadgets worldwide, selling millions of Echo Dot devices alone. The Echo Dot was also the top-selling gadget across Amazon Books' 13 stores, the company said.

Telematics is an industry that is defined as the integration of telecommunications and informatics to provide vehicle safety and entertainment services such as navigation, location confirmation and emergency dispatch through various communication technologies, from GPS and DMB (Digital Multimedia Broadcasting) networks to Bluetooth, Wi-Fi and mobile communication. LG, the leader in the global telematics market since 2013, is committed to introducing next-generation solutions that offer high-precision map information to meet the needs of the quickly expanding autonomous vehicle industry. HERE is the world's leading provider of map data and location services to the automotive industry, powering more than 100 million cars on the road today. The company is also working with automakers on the development of HD Live Map, its highly-accurate cloud-based map service which supports connected ADAS (Advanced Driver Assistance Systems) and automated driving solutions. HD Live Map, which LG intends to deploy in the joint solution it offers automakers, identifies all roads and surrounding features such as lane markings, stop signs, crosswalks, speed signs and traffic lights.

File Photo: People attend an anti-suicide event in Vilnius, Lithuania, Sept. 22, 2015. SAN FRANCISCO, Nov. 27 (Xinhua) -- U.S. hi-tech giant Facebook said Monday it is using artificial intelligence (AI) technology, including pattern recognition, to detect whether someone is expressing thoughts of suicide in a post or live video. "Facebook is a place where friends and family are already connected and we are able to help connect a person in distress with people who can support them," the company said in a press release. It said it is "using pattern recognition to detect posts or live videos where someone might be expressing thoughts of suicide, and to help respond to reports faster." The world's largest social network also said it now has more workers to review reports of suicide and self-harm.

Chinese tech giants Baidu Inc. and Huawei Technologies Co. Ltd. announced today that they're teaming up to build an open artificial intelligence ecosystem for mobile devices. The two companies said they want to create platform that fosters the development of mobile AI that "knows you better." The new ecosystem will combine Baidu Brain, which is the catch-all term for Baidu's various AI tools, with Huawei's HiAI mobile computing platform. The project will also take advantage of the AI-focused hardware components that Huawei installs in its latest smartphone models. "The future is all about smart devices that will actively serve us, not just respond to what we tell them to do," Richard Yu (pictured, right), chief executive of Huawei's Consumer Business Group, said in a statement.