SANTA CLARA, Calif., and JERUSALEM, Aug. 8, 2017 -- Intel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) today announced the completion of Intel's tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. The acquisition is expected to accelerate innovation for the automotive industry and positions Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles. The combination of Intel and Mobileye will allow Mobileye's leading computer vision expertise (the "eyes") to complement Intel's high-performance computing and connectivity expertise (the "brains") to create automated driving solutions from cloud to car. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030. "With Mobileye, Intel emerges as a leader in creating the technology foundation that the automotive industry needs for an autonomous future," said Intel CEO Brian Krzanich.

The cloud is getting smarter by the minute. In fact, it will soon know more about the photos you've uploaded than you do. Cloud storage company Box announced today that it is adding computer-vision technology from Google to its platform. Users will be able to search through photos, images, and other documents using their visual components, instead of by file name or tag. "As more and more data goes into the cloud, we're seeing they need more powerful ways to organize and understand their content," says CEO Aaron Levie.

RapidMiner, the company that delivers real data science, fast and simple, today announced another quarter of record revenue and new customer acquisition. Within the quarter, RapidMiner signed or expanded relationships with over 10% of the companies currently on the 2017 Fortune 100 Global List, and nearly 40% of Fortune 500 are active users of RapidMiner. "High value business use cases need data science and machine learning. Organizations looking for customer analytics, operational analytics, and risk analytics are coming to RapidMiner in record numbers," said Peter Lee, chief executive officer at RapidMiner. "As a result, we are seeing accelerated momentum in every part of our business."

This acquisition will further expand its suite of capabilities that deliver an enhanced customer experience and security. Artificial intelligence plays a critical role in enabling consumer convenience, while delivering enhanced security. This advanced technology delivers greater insights from every transaction to assist in making even more accurate fraud decisions. "To fully realize the promise of our increasingly digital lives, we need to design our payment systems with the future in mind and that's what we're doing," said Ajay Bhalla, president of enterprise risk and security for Mastercard. "Our unprecedented use of artificial intelligence on our network is already proving successful. With the acquisition of Brighterion, we will further extend our capabilities to support the consumer experience."

Sensay, a Los Angeles-based tech company that specializes in AI, chatbots and conversation analysis has launched a sale of its new Ethereum-based application token, SENSE. Sensay, a Los Angeles-based tech company that specializes in AI, chatbots and conversation analysis has launched a sale of its new Ethereum-based application token, SENSE. SENSE tokens will enable users to earn rewards for the contributions they make to one another conversationally, across Sensay and other applications. Sensay is an interoperable messaging platform across Facebook Messenger, WeChat, Slack, Kik, Skype, SMS, iMessage and Telegram for matching and routing humans for conversation. The Sensay network has over 20 million Sensay Coins already in circulation among nearly 3 million users, radically increasing digital currency adoption.

DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence in Healthcare Market by Offering - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering. The global AI market was valued at $1,441 million in 2016, and is estimated to reach at $22,790 million by 2023, registering a CAGR of 48.0% from 2017 to 2023. The market growth is driven by rise in adoption rate of AI systems and delete technological advancements in the AI field. In addition, the ability of these systems to improve patient outcomes, increase in adoption of precision medicine, and increase in need for coordination between healthcare workforce & patients are expected to fuel the market growth. However, lack of standard regulations and guidelines and reluctance among healthcare professionals to adopt AI-based technologies are expected to hinder the market growth. The deep learning segment accounted for the highest share in 2016 and is expected to dominate the market from 2017 to 2023, owing to increase in use of signal reduction, data mining, and image recognition.

Industry leaders in the self-driving car race have teamed up to create an'ecosystem' to push the technology further. Intel and Toyota, among others, announced today they have joined forces to create the Automotive Edge Computing Consortium. The companies plan to share data to boost the creation of maps and improved driver assistance technology. Toyota's AI-enabled Concept-i prototype, which was unveiled at the 2017 Consumer Electronics Show in Las Vegas Several firms just joined forces to create the Automotive Edge Computing Consortium. This includes Intel, DENSO, Ericsson, Nippon Telegraph and Telephone Corporation (NTT), NTT DOCOMO and both the Toyota InfoTechnology Center Co. and Toyota Motor Corp.

SYS-CON Events announced today that Golden Gate University will exhibit at SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Since 1901, non-profit Golden Gate University (GGU) has been helping adults achieve their professional goals by providing high quality, practice-based undergraduate and graduate educational programs in law, taxation, business and related professions. Many of its courses are taught by faculty actively working in their field of expertise, providing students with skills that can be applied immediately. The new MS in Business Analytics, like most of its programs, is available fully online or in-person in downtown SF. To learn more, visit us at www.ggu.edu.

Here's this week's newsletter: Last week, VentureBeat invited Amazon, Facebook, Google, IBM, and other giants of AI into a big tent with brands like Coca-Cola, The New York Times, Tumi, and Walmart, as well as such promising startups as Bark.us, The gathering was MB 2017, and the need for practical AI was on nearly everyone's mind. Walmart, for instance, is using machine learning to better serve its 140 million weekly shoppers and to make new services possible. Laurent Desegur, vice president of customer experience engineering at WalmartLabs, explained the role of data science to make possible so-called Pick-up Towers within stores, which allow customers to order and pay online for items and then retrieve them, skipping the checkout lines. Desegur also described a 20-store pilot of Scan and Go shopping, a self-serve experience.

CHICAGO – August 10, 2017 – Seyfarth Shaw LLP in connection with its subsidiary SeyfarthLean Consulting announced today that it is one of the first law firms to select iManage Extract. Seyfarth will use the Artificial Intelligence (AI) platform to perform document review and comparison across all practice areas. Seyfarth will utilize an enhanced feature of the product to train and have complete control of the robot. Using the self-service portal will allow the firm to speed up the data extraction process, increasing productivity within the organization. To read more, visit the full press release here.