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His decision to step away threatens to amplify concerns over a leadership vacuum atop Samsung, which is already challenged by the absence of its de facto leader, Lee Jae-yong, who was convicted in August for bribing South Korea's former president. The appeal trial for Mr. Lee, who has denied wrongdoing, started this week. Mr. Kwon, who joined Samsung in 1985 long before it became a chips heavyweight, will also relinquish his vice chairman post by March, the company said. He had informed confidantes he felt he had accomplished all he had hoped to achieve in his career, according to people familiar with the matter. He had been a steadying force and served as Samsung's public face while Mr. Lee has been away.

Alibaba Group announced today that it's launching a new research organization aimed at tackling emerging technologies like machine learning, network security, the internet of things, and quantum computing. It's called the Academy for Discovery, Adventure, Momentum and Outlook (or the DAMO Academy), and Alibaba plans to recruit 100 researchers to staff its labs around the globe. The company plans to open two labs in China, in the tech giant's home city of Hangzhou and in Beijing. In addition, the Chinese ecommerce and technology titan will open labs in San Mateo, California; Seattle, Washington; Moscow, Russia; Tel Aviv, Israel; and Singapore. Over the next three years, the company plans to spend $15 billion on research and development, a significant increase over its current rate of spending.

Oracle is not the first company that comes to mind when you think of enterprise security, but the company announced at its recent OpenWorld conference new products with artificial intelligence (AI) and machine learning capabilities to quickly identify security threats. The company introduced two new sets of integrated suites called Oracle Identity Security Operations Center (SOC) and Oracle Management Cloud. It claims they will help enterprises forecast, reduce, detect and resolve cybersecurity threats in minutes rather than days and assist remediation of application and infrastructure performance issues. It makes sense for Oracle to jump into this field even if it is full of established players like Symantec, Sophos, Tripwire and far more. Since Oracle's databases are often a target of hacker attacks, who better to secure an Oracle database than Oracle?

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Ltd. ("Alibaba Group") announced today the launch of an innovative global research program, "Alibaba DAMO Academy ("Academy")," which is designed to increase technological collaboration worldwide, advance the development of cutting-edge technology and strive to make the world more inclusive by narrowing the technology gap. With the setup of the Academy, the company expects to invest more than US$15billion in research and development over the next three years. The Academy, which stands for the "Academy for Discovery, Adventure, Momentum and Outlook," will oversee the opening of research and development labs worldwide and seek to recruit talented scientists and researchers to join the program. Alibaba Group's Chief Technology Officer, Jeff ZHANG will be the head of the Academy. In the beginning, the Academy will focus on the opening of seven research labs in China (Beijing and Hangzhou), the United States (San Mateo and Bellevue), Russia (Moscow), Israel (Tel Aviv) and Singapore.

AWS and Microsoft may be arch rivals when it comes to competing for business in cloud storage and services, but when it comes to breaking ground in newer areas where volumes of data make a difference to how well the services work and creating systems that are easier to use, collaboration is key. Today, the two companies announced a new deep learning interface called Gluon, designed for developers of all abilities (not just AI specialists) to build and run machine learning models for their apps and other services. Gluon is one of the big steps ahead in taking out some of the grunt work in developing AI systems by bringing together training algorithms and neural network models, two of the key components in a deep learning system. "The potential of machine learning can only be realized if it is accessible to all developers. Today's reality is that building and training machine learning models requires a great deal of heavy lifting and specialized expertise," said Swami Sivasubramanian, VP of Amazon AI, in a statement.

Alibaba Group announced today that it plans to invest more than $15 billion over the next three years into a global research and development initiative called Alibaba DAMO Academy. The Chinese tech giant said the program, which is currently recruiting 100 researchers, will help it reach its goal of serving two billion customers and creating 100 million jobs by 2036, while also "increasing technological collaboration worldwide." DAMO Academy (the initials stand for "discovery, adventure, momentum and outlook") will be led by Alibaba Group chief technology officer Jeff Zhang and start by opening labs in seven cities around the world: Beijing and Hangzhou in China; San Mateo and Bellevue in the U.S.; Moscow, Russia; Tel Aviv, Israel; and Singapore. Alibaba's researchers will collaborate closely with university programs such as U.C. Berkeley's RISE Lab, which is developing technologies that enable computers to make secure decisions based on real-time data. DAMO Academy's current advisory board also includes professors from Princeton, Harvard, MIT, the University of Washington, Columbia University, Beijing Institute of Technology, Peking University and Zhejiang University.

Newswire) Box (NYSE:BOX), a leader in cloud content management, today announced Box Skills - a framework for applying state-of-the-art machine learning tools such as computer vision, video indexing, and sentiment analysis to content stored in Box. With Box Skills, enterprises will be able to uncover insights and reimagine business processes that have traditionally been too costly or impractical to digitize and automate. At BoxWorks 2017, Box showcased skills powered by IBM Watson, Microsoft Azure, and Google Cloud, as well as Box Skills Kit, a set of developer resources for building custom skills. "We are in the midst of a revolution in enterprise software driven by artificial intelligence and machine learning, and we are making Box the most intelligent cloud content management platform in the world," said Aaron Levie, cofounder and CEO of Box. "As businesses continue to drive digital transformation, they need to realize more value and intelligence from their content. Box Skills is a first-of-its-kind framework that will make it possible to digitize almost any business process on Box." "IBM has shown how data-intensive industries are being transformed through the use of Watson," said David Kenny, Senior Vice President, IBM Watson and Cloud Platform, IBM.

The new report from MIT Technology Review is sponsored by Genesys and called Getting to Iconic. It reveals iconic firms are more likely to recognize that automated AI tools are most effective when they supplement and extend the capabilities of their customer support team, rather than replace human investment. As so, 60 percent of survey respondents felt they had the right mix of "live" and automated customer communication channels, compared to only 26 percent of the poor performers and 40 percent overall. Furthermore, the report concludes that iconic companies are using AI for more than just chatbots. Most respondents indicate AI is guiding their customer analytic capabilities.