SHENZHEN, China--(BUSINESS WIRE)--Malong Technologies, an artificial intelligence startup and international provider of product recognition technology, was named winner in the "Olympics of Startups" held at the G20 Young Entrepreneurs' Alliance, in Berlin. Malong Technologies' breakthrough ProductAI platform is a high performance'intelligent eye' that enables machines to have human-like visual perception of products, including non-rigid objects such as fashion and fabrics, which have historically been infeasible for computers to recognize accurately without barcodes. Malong Technologies beat startups from every nation at the G20, which represents the 20 major economies of the world. Judged by officials of the European Union and other international organizations, the competition, run by the "Get in the Ring" foundation, led participants through a series of six rounds held over two days, and included'head-to-head' oratory matchups inside a replica boxing ring. The three winning nations include China, represented by Malong Technologies, Canada, and France. As winners, Malong Technologies will benefit from the international visibility which can help open doors to more global customers for its product recognition technology.

Like many other auto companies, Volkswagen has been working on autonomous vehicles, partnering with companies like NVIDIA and Mobvoi along the way. Today, the company announced an extended partnership with Kuka, the Germany-based industrial robot maker. In a statement, the companies said that the cooperation "links up with an existing joint research project looking into collaboration between human and robot." One project the two companies will be working on involves the development of a robot that can connect an electric vehicle to a charging station, so that the rider never has to leave the car. "In future, robots will support humans in many routine tasks. And everyday life in future will be inconceivable without autonomous driving. We will work together on innovative concepts in order to shape this future," said Kuka CEO Till Reuter.

SYS-CON Events announced today that SourceForge has been named "Media Sponsor" of 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. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month. With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo, October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers.

According to new IBM research, released Thursday, more than 73% of CEOs predict that cognitive computing, or artificial intelligence (AI), technologies will play a "key role" in their business's future. The press release announcing the findings also noted that more than 50% of these CEOs plan to adopt these technologies by the year 2019. In terms of where AI will prove most impactful, respondents listed information technology, sales, and information security as the top three priorities for the technology. The 6,000 CEOs surveyed also said they expect a 15% return on their AI investments. In regards to IT, cognitive solutions can improve software development and testing, lead to better efficiency and agility, and boost solution design the release said.

Citrine Informatics, the chemicals and materials artificial intelligence (AI) platform, today announced it has won the World Materials Forum Start-up Challenge Award. The Start-up Challenge recognizes innovative materials solutions from all over the world and Citrine was chosen as the winner from a group of 12 semi-finalists. Citrine combines AI with the world's largest materials database to help bring high performance products to market faster for the Fortune 1000. The AI is specifically optimized to take advantage of known relationships in chemistry and physics. "We are excited for this recognition from one of the most important organizations in the field of materials science," said Greg Mulholland, CEO of Citrine.

Overview: Artificial Intelligence (AI) and Cognitive Computing are increasingly integrated in many areas including Internet search, entertainment, commerce applications, content optimization, and robotics. The long-term prospect for these technologies is that they will become embedded in many different other technologies and provide autonomous decision making on behalf of humans, both directly, and indirectly through many processes, products, and services. AI will anticipated to have an ever increasing role in ICT including both traditional telecommunications as well as many communications enabled applications and digital commerce. Fast growing AI technologies for consumer facing industries include chat bots and Virtual Personal Assistants (VPA) and smart advisors. These technologies leverage autonomous agents to enable an ambient user experience for applications, services, and enhanced commerce.

Sony has followed the example of Google, Amazon and Facebook by open sourcing AI software in search for deep learning developers. Sony has followed in the path of Google, Facebook and Amazon, as it opens up access to its deep-learning software tools in an aim to attract artificial intelligence developers. The company announced that it has made its Neural Network Libraries available in open source, giving software engineers and designers access the core libraries for free to develop the necessary deep learning programs. Sony says the neural network design is a core development of any deep learning program and the shift to open source acts as a method to enable the development community to build on the core libraries' programs. The software in Sony's core libraries is written in C 11 and the programming language runs in different environments and operates on Linux, Windows and other platforms.

Growing usage of big data in healthcare industry and imbalance between health workforce and patients is expected to drive the growth of the AI in healthcare market The artificial intelligence (AI) in healthcare market was valued at USD 667.1 million in 2016 and is expected to reach USD 7,988.8 million by 2022, at a CAGR of 52.68% between 2017 and 2022. The growth of this market is driven by the growing usage of Big Data in healthcare industry, ability of AI to improve patient outcomes, imbalance between health workforce and patients, reducing the healthcare costs, growing importance on precision medicine, cross-industry partnerships, and significant increase in venture capital investments in AI in healthcare domain. However, reluctance among medical practitioners to adopt AI-based technologies and ambiguous regulatory guidelines for medical software are the major factors restraining the growth of the AI in healthcare market. Faster calculations and lesser power consumption are the factors driving the growth of the hardware market for AI in healthcare Hardware which includes GPUs, DSPs, FPGAs, and neuromorphic chips is expected to grow at the highest rate in the offering segment of AI in healthcare. The GPU, DSP, and FPGA are widely used to implement the deep learning algorithm.

Drones have already become common, but with commercial ones being tested by the likes of Google and Amazon, the government will sooner or later have to step in and determine how they should be managed. The Federal Aviation Administration (FAA) is working on remote identification system for drones, which would ensure their safety. It held a meeting with stakeholders such as Amazon and Ford and the New York Police Department on June 21 and releases a press statement later. Currently drones weighing over half a pound need to have ID tags, but this identification system might not work well, as seeing the ID tags while the drone is mid-air is near impossible. "The Aviation Rulemaking Committee considered issues such as existing regulations applicable to drone identification and tracking, air traffic management for drones, concerns and authorities of local law enforcement, and potential legal considerations. The group developed some preliminary questions and identification parameters, and reviewed a sample of existing identification technologies."

LONDON & PARIS--(BUSINESS WIRE)--Amaury Sport Organisation (A.S.O.), organisers of the Tour de France, and Dimension Data, the Official Technology Partner of the Tour de France, today announced the introduction of machine learning technologies at this year's Tour de France to give cycling fans across the globe an unprecedented experience of this year's event. The race begins in Düsseldorf on Saturday and finishes at the Champs-Élysées in Paris on 23 July. This year, Dimension Data's data analytics platform, which was developed in partnership with A.S.O., incorporates machine learning and complex algorithms that combine live and historical race data to provide even deeper levels of insight as the race unfolds. Fans will also benefit from rider profiles to understand more about environments and circumstances in which riders perform best. As part of a new pilot this year, A.S.O. and Dimension Data are exploring the role of predictive analytics technologies to assess the likelihood of various race scenarios, such as whether the peloton will catch the breakaway riders at certain stages of the race.