Press Release
Allegis Group Study Outlines Status of HR-Related Artificial Intelligence Initiatives
"We're still in the early stages of understanding how AI will displace old jobs and create new ones. Without question, though, it will have a major impact on how companies compete for talent and get work done," says Andy Hilger, president of Allegis Group. "Innovations in AI will become more and more integral to business success, impacting strategic priorities, technology adoption, and, maybe most important, the overall evolution of the workforce. Our industry, as well as the clients and talent with whom we partner, needs to understand the implications and have a plan to capitalize on what will be a disruptive force." HR Professionals Take Stock of AI When asked to identify areas of talent management that will benefit from AI, top responses from HR professionals surveyed included training talent (26%), screening talent (24%) and workforce planning (22%).
Nex-Tech Wireless introduces DeviceBits - News - Nex-Tech Wireless
COLUMBUS, Ohio – July 19, 2017 – DeviceBits, a leading artificial intelligence (AI) software company that offers predictive, self-learning platforms that help companies adopt self-service customer support materials, announced today its Academy offering will host digital self-support materials for customers of Nex-Tech Wireless. Nex-Tech Wireless focuses on providing its customers cutting-edge technology including 4G LTE data and mobile services, as well as the latest wireless equipment and competitive wireless plans that provide nationwide coverage. As part of the agreement, Nex-Tech Wireless has selected DeviceBits to deploy the Nex-Tech Wireless Academy and Support Predict Platform for self-service digital customer support materials. It will offer customers a destination that will include an enhanced self-service digital experience on their website and mobile devices. This experience will support the top-selling device models offered by Nex-Tech Wireless and guide customers with FAQ's, guides, tutorials and videos that are intelligently linked to predict user journeys which will provide a positive customer experience.
Demand for artificial intelligence goes global - Information Age
Synechron Inc., the global financial services consulting and technology services provider, has announced that nearly 60 financial institutions are set to implement artificial intelligence (AI) technology – with interest spanning across four continents. Currently, 57 financial institutions based in Europe, the US, Middle East and Asia are being helped to adopt AI technology by Synechron: 28% of these firms are based in Europe with UK headquartered institutions accounting for nearly half (45%) of the interest in Europe, and 23% of interest worldwide. And, 25% of firms set to implement AI are also based in the United States. Of the 57 firms looking to implement AI, 30% are focused on robotic process automation, and another 30% is focused on chatbots. A further 26% involve natural language processing or natural language generation.
Petasense Named a Top-10 Machine Learning Startup by Google
Industrial IoT startup, Petasense was selected by leading venture capital firms, Data Collective and Emergence Capital, as one of the ten most disruptive machine learning startups out of over 350 contenders. The process was highly competitive with a selection rate of under 3%. This puts Petasense amongst the most promising startups implementing machine learning to solve an important real world problem. Petasense, along with nine others, was invited to participate in Google's machine learning event at the Google Launchpad in San Francisco on Wednesday, July 12, 2017. All ten companies were awarded $200,000 in Google Cloud Platform credits and an opportunity to pitch to an exclusive group of VCs, and experts in the field of machine learning and artificial intelligence.
Artificial intelligence to play a huge part in learning after US$100m raised
SHANGHAI-BASED online English learning platform Liulishuo said yesterday it has raised US$100 million from institutional investors and previous investors to fuel its future growth into artificial intelligence and tailor-made programs for English learners. China Media Capital and Wu Capital, as well as previous investors including TrustBridge, IDG Capital, GGV Capital, Cherubic Ventures and Hearst Ventures, have been announced as investors in the platform. Wang Yi, co-founder and chief executive officer of Liulishuo, said the company plans to hire more talent in the artificial intelligence field and to offer more AI-driven educational services besides its current AI-powered personalized interactive courses. "We hope to maintain our leading position in the artificial intelligence-backed online education field and to further enhance efficiency in English learning," he said, adding that they also hope to build an artificial intelligence learning research institution within two or three years. It will also provide AI-backed spoken English evaluating services for NASDAQ-listed TAL Education Group to integrate with TAL's current learning systems.
Artificial Intelligence Market Size to Reach $ 35,870 Million by 2025: Grand View Research, Inc.
Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technologies, end use, and geography. The two major factors enabling market growth are emerging AI technologies and growth in big data espousal.
iRobot to acquire its biggest European distributor for $141M
Consumer robot maker iRobot, maker of the Roomba robot vacuum cleaner, is to acquire its largest European distributor, Robopolis, in a cash deal worth $141 million. The company said it's signed a definitive agreement to acquire the privately-held, French company, which is based in Lyon, with the acquisition expected to close in October 2017. Its aim is to further enhance its distribution network, following the November 2016 acquisition of SODC, its distributor in Japan. Better serving European consumers and working to drive continued growth in Western Europe -- "through a consistent approach to all market activities including sales, marketing, branding, channel relationships and customer service" -- is the rational for the Robopolis acquisition, it said. "At this stage in the Western European market evolution, and the growth opportunity it presents, we feel a more direct go-to-market strategy is necessary to continue driving adoption of robots for the home," said Colin Angle, chairman and CEO of iRobot, in a statement.
CNAS Launches Artificial Intelligence and Global Security Initiative
The Center for a New American Security (CNAS) today announced a major new project, the Artificial Intelligence and Global Security Initiative. The Initiative will research the effects of the artificial intelligence revolution on the character of conflict, shifting power dynamics, and even fundamental elements of power. "We are at the beginning of a new industrial revolution powered by artificial intelligence," said Paul Scharre, Director of the CNAS Technology and National Security Program, who will lead the Initiative. "AI is already beginning to have applications across a range of industries, and economists predict major disruptions in the labor market and the economy as a whole. AI will similarly have a significant impact on international security. The Artificial Intelligence and Global Security Initiative will explore how AI will change conflict and power, and provide recommendations for policymakers to cope with the changes ahead."
American Institute of Artificial Intelligence and AppTek Partner to Power the A.I. Revolution: Aligning Academic Excellence with Business Results – American Institute of Artificial Intelligence
For Immediate Release: American Institute of Artificial Intelligence (AiAi) and AppTek announced their alliance to offer education and solutions in artificial intelligence. "With a long history of developing and delivering powerful A.I. solutions, AppTek is embarking on the next phase of its evolution, said Adam Sutherland, CEO of AppTek. From strengthening our national security to powering media, AppTek stands at the forefront of the A.I. revolution. We are proud to work with the American Institute of A.I. to bring education and solutions in the applied A.I. arena." "The A.I. revolution is unfolding at an unprecedented pace," commented Al Naqvi, Professor and CEO of AiAi.
Institute announces strategic partnership with human capital specialists, Leathwaite. – American Institute of Artificial Intelligence
American Institute of Artificial Intelligence (AiAi) announces alliance with Leathwaite to help provide business executives with A.I. market insight and education. Al Naqvi, professor and CEO, said, "Our institute is dedicated to providing guidance and training to C-Level executives on the responsible and effective adoption of A.I. solutions, and we were honored when we were approached by Leathwaite and asked to help them deliver this invaluable insight to their clients." Max Woolger, Head of New Partnerships of Leathwaite said, "One of the most valuable services our company provides is market intelligence regarding industry trends, and A.I. is the most common topic of conversation lately. We are pleased to have American Institute of A.I. to provide such powerful information to our clients." The alliance constitutes research, solutions, and education.