Press Release
Defining AI, Part 1: Personalized Interaction and Superior Service
Artificial Intelligence has come to mean many things to different people. Some view A.I. as a command-and-response technology that offers one-dimensional, pre-programmed, responses. This command-driven interpretation of artificial intelligence falls short of describing truly dynamic artificial intelligences like Arghon. As a high-performance A.I., Arghon seeks to provide practical services and useful information quickly, based on its deep understanding and personalized interactions with our users. Having truly useful artificial intelligence lets users avoid downloading tons of apps while still getting customized service, information, and companionship via their A.I.s.
CyberSaint Security Releases Breakthrough AI Powered Cybersecurity Management Platform
CyberSaint, Inc. today announced the release of CyberStrong(TM), a breakthrough cybersecurity cloud platform that enables organizations to manage cybersecurity as a measurable and predictable business function. CyberStrong is powered by Amazon Web Services (AWS) Cloud and AWS Artificial Intelligence (AI) services. The new offering is also hosted in the AWS NIST/FISMA regulatory compliant cloud environment. Industry experts predict that CyberStrong will revolutionize the cybersecurity industry. "Today's cybersecurity solutions are mostly disjointed point solutions, which are hard to justify, prioritize, and reconcile with each other," said Massachusetts Institute of Technology (MIT) Research Affiliate and cybersecurity expert Dr. Raphael Yahalom.
Life insurers get a new lifeline
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Insurtech continues to be an active segment of fintech, with startups emerging in all areas of the industry, including within the life insurance space. One such insurtech, Israeli firm Atidot, is now bolstering its capabilities, announcing the launch of its cloud-based, predictive data analytics platform for incumbent life insurers on Wednesday, according to a press release seen by BI Intelligence. Atidot says its platform can help life insurers better leverage their data to more accurately predict their policyholders' behavior, and adjust their business strategies more effectively.
IEEE Solicits Global Input on Recently Introduced Vision for Prioritizing Human Wellbeing with Artificial Intelligence and Autonomous Systems
PISCATAWAY, N.J.--(BUSINESS WIRE)--IEEE, the world's largest technical professional organization dedicated to advancing technology for humanity, today announced the "OurAIVision" Campaign in conjunction with the recently introduced paper, Ethically Aligned Design: A Vision for Prioritizing Human Wellbeing with Artificial Intelligence and Autonomous Systems (AI/AS). Launched by The IEEE Global Initiative for Ethical Considerations in Artificial Intelligence and Autonomous Systems, Ethically Aligned Design is a first version of a global document encouraging technologists to prioritize ethical considerations in the creation of autonomous and intelligent technologies. The first leg of the "OurAIVision" Campaign Tour was held in Mumbai, India, where representatives from The IEEE Global Initiative received direct feedback about Ethically Aligned Design from AI experts, engineers, and technologists. The tour's next stop in Tokyo, Japan in March will collect further input to Version 2 of Ethically Aligned Design. Interested parties can support the global campaign activities using Twitter hashtag #OurAIVision or learn more by visiting the Campaign website.
Kalashnikov developing massive 20 ton drone tanks
Russia-based Kalashnikov announced plans to super-size its 7-ton combat vehicle. The gunmaker is developing an unmanned 20-ton'robot' tank capable of carrying both machine guns and anti-tank missiles. The vehicle's predecessor, BAS-01G Soratnik, is designed to support a 30mm gun or eight anti-tank missiles โ all while traveling at top speeds of 25 miles per hour. Kalashnikov announced plans to super-size its 7-ton combat vehicle. The firm is developing an unmanned 20-ton'robot' tank capable of carrying both machine guns and anti-tank missiles.
Neato's Botvac Connected robot vacuums get Google Home support
The California-based robot vacuum manufacturer has announced that Google Home support is coming to its Connected series vacuums. With the Botvac Connected already having Alexa integration, it was only a matter of time. If you are looking into getting a robot vacuum cleaner, you probably know the name. A California-based company that specializes in automated vacuums, Neato's Botvac series is arguably iRobot Roomba's biggest rival. I have the Botvac Connected for my apartment, and I personally thinks it's the best robot cleaner your money can buy right now.
Artificial Intelligence to Have Dramatic Impact on Business by 2020, According to Tata Consultancy Services Global Trend Study
Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today unveiled its Global Trend Study titled, "Getting Smarter by the Day: How AI is Elevating the Performance of Global Companies." Focused on the current and future impact of Artificial Intelligence (AI), the study polled 835 executives across 13 global industry sectors in four regions of the world, finding that 84% of companies see the use of AI as "essential" to competitiveness, with a further 50% seeing the technology as "transformative." Widespread AI adoption expected across job functions Exploring the views and actions of decision makers from global companies with average revenues of $20 billion, the study revealed AI is spreading across almost all areas of a company. The biggest adopters of AI today are, not surprisingly, IT departments, with two-thirds (67%) of survey respondents using AI to detect security intrusions, user issues and deliver automation. However, by 2020, almost a third (32%) of companies believe AI's greatest impact will be in sales, marketing or customer service, while one in five (20%) see AI's impact being largest in non-customer facing corporate functions, including finance, strategic planning, corporate development, and HR.
Intel to Acquire Mobileye - DATAVERSITY
A new press release reports, "Intel Corporation and Mobileye N.V. today announced a definitive agreement under which Intel would acquire 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. Pursuant to the agreement, a subsidiary of Intel will commence a tender offer to acquire all of the issued and outstanding ordinary shares of Mobileye for $63.54 per share in cash, representing an equity value of approximately $15.3 billion and an enterprise value of $14.7 billion." The release continues, "The combination is expected to accelerate innovation for the automotive industry and position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030. This transaction extends Intel's strategy to invest in data-intensive market opportunities that build on the company's strengths in computing and connectivity from the cloud, through the network, to the device."
Unisys Unveils Artificial Intelligence Center of Excellence to Help Clients Build Advanced Data Analytics Capabilities
"Within just a few years, the overwhelming majority of large and midsize organizations globally will deploy analytics applications or advanced analytics as part of a platform to improve business decision-making," said Dr. Rod Fontecilla, vice president and global lead for analytics at Unisys. "We want to give users an opportunity to learn about how artificial intelligence can help build those capabilities by giving them access to the unique tools and expertise offered by Unisys to help them remain competitive in the future." About Unisys Unisys is a global information technology company that specializes in providing industry-focused solutions integrated with leading-edge security to clients in the government, financial services and commercial markets. Unisys offerings include security solutions, advanced data analytics, cloud and infrastructure services, application services and application and server software. Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation.
Announcing The Launch of Helio
CircleUp exists to help promising entrepreneurs raise capital and sophisticated investors invest in breakthrough brands with confidence and efficiency on both sides. Since we opened our doors in 2012 we've been challenging private equity norms by revolutionizing manual company sourcing and vetting with a technology-driven private marketplace. The ability to standardize and extract deep insights from large data sets has long been core to CircleUp's approach. Early last year, we introduced The Classifier, which analyzes each company that applies to CircleUp based on an average of 90,000 data points. Helio proactively collects billions of data points on over 1.2 million consumer and retail companies in the U.S. to analyze the relative strength of each company across key metrics.