Cisco today announced plans to acquire AI startup MindMeld for $125 million. Cisco decided to acquire MindMeld, a company that's been called "Siri on steroids," because many bot experiences today are disappointing, IoT and applications VP Rowan Trollope wrote in a blog post today. "Bringing the MindMeld team to Cisco is a giant leap forward in helping our customers experience the next generation of interactive, conversational interfaces." Cisco collaboration software competition includes other enterprise chat players including Microsoft Teams, Google Hangouts Chat, and Slack.

"Every shot in golf involves a decision-making process, and the caddie's role has historically been to help you make more intelligent choices. Today, however, less than 3 percent of players have access to a caddie," said Sal Syed, CEO and Co-Founder of Arccos. "Everyone else is missing out on a crucial source of information that can help inform every shot. Arccos named Microsoft as its Official Cloud Partner in January 2017. Together, they are dedicated to creating artificial intelligence technologies that will move the connected golf category forward, taking it mainstream; this starts with Arccos Caddie.

Electric vehicles now comprise a substantial part of the automotive market. But the fact remains that despite the increasing number of charging stations, it is still inconvenient to charge a car in comparison to getting a tank full of gas. StoreDot, an Israeli startup, might have the solution to the woes of electric vehicle (EV) owners, with a new battery it claims can fully charge in five minutes and drive the EV 300 miles on a single charge. "Fast Charging is the critical missing link needed to make electric vehicles ubiquitous. The currently available battery technology dictates long charging times, which makes the EV form of transportation inadequate for the public at large. We're exploring options with a few strategic partners in the auto space to help us boost the production process in Asia and reach mass production as soon as possible," Doron Myersdorf, co-founder and CEO of StoreDot, said in the official press release Thursday.

SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure networks with agility, performance and value. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.

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Dr. Yoshua Bengio, one of the key researchers credited with establishing the field of deep learning, announced today that he will serve as a strategy adviser for legal tech company Botler AI, a Montreal-based startup that runs a free chatbot to assist users as they navigate the legal procedures required for immigration. "I knew this was an idea that we needed to take to the next level," Bengio said in today's press release. "I want AI to be developed towards positive social impact and this is one place where beneficial AI must happen." The techniques pioneered by Bengio and others have led to breakthroughs in natural language comprehension and translation, abilities that are critical to this kind of chatbot. "Deep Learning could help provide affordable or even free legal services to people who might otherwise not be able to have access," he said.

For investors trying to understand the opportunity and the size of the market, a report from Statista says that, "In 2017, the global AI market is expected to be worth approximately 1.25 billion U.S. dollars. Some current major uses of artificial intelligence include image recognition, object identification, detection and classification, as well as automated geophysical feature detection. The largest proportion of revenues come from the AI for enterprise applications market." Featured Company: Gopher Protocol, Inc. (OTCQB: GOPH) is a development-stage company developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. The Company has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software.

Pokémon Go is a very popular game with kids and now it could become a learning tool. The game, which incentivizes players to get up and about by letting them capture and battle virtual pocket monsters, might be used as a classroom learning tool, in accordance with common core learning standards, as per Emily Howell, an assistant professor at the Iowa State University School of Education. "It is important to give students authentic choices that really have meaning in their lives. We need to encourage them to develop questions, research the answers and then share that information in writing," Howell said in the press release. Howell is working with school teachers on the use of Pokémon Go as a digital tool to help students learn.

Australian Securities Exchange-listed Internet of Things (IoT) company Xped has announced that it is purchasing fellow Adelaide-based artificial intelligence (AI) company Jemsoft for AU$200,000 in cash and 50 million Xped shares. The total value of the deal comes to AU$900,000, with Xped shares priced at 14 cents per share. In addition to acquiring all of Jemsoft's intellectual property -- including its computer vision machine-learning technology, Monocular API -- Xped will also gain ownership of 51 percent of Jemsoft's partially owned subsidiary Media Intelligence, which offers media measurement technologies and real-time research solutions. The acquisition will allow Xped -- which offers a platform that enables consumers of all technical capabilities to connect, monitor, and control everyday devices and appliances through their smartphones -- to provide an in-house AI solution to clients looking to enhance their IoT products using visual sensors. Monocular's account management and dashboard components, as well as its user-trainable functionality, will become "integral components" of Xped's smart home and other IoT offerings moving forward, the companies said.

WIRE)--H2O.ai today announced that it has collaborated with NVIDIA to offer its best-of-breed machine learning algorithms in a newly minted GPU edition. In addition, H2O's platform will be optimized for NVIDIA DGX-1 systems. Enterprises can use this end-to-end solution to operate on large datasets, iterate faster, deploy quickly and gain real-time insights. H2O's AI solutions enable customers to train machine learning models up to 75x faster compared to conventional CPU-based solutions. Potential use cases for this GPU integration include customer service, fraud prevention, financial advising and healthcare personalization.