This brings the three-year-old company's total funding to over $8 million. The company will use the funds to build out the "Unbabel Language Engine" – its proprietary technology platform that combines Natural Language Processing, artificial intelligence, quality estimation algorithms, and a global network of 40,000 human post-editors. This will enable cost-effective, quality translations for conversational content in emails and chat on a global scale. "With a $38 billion market in translation services, it's clear that the expense is huge for any company looking to do business in a multilingual world. However, this market is comprised of an incredibly long tail of high-cost, low-tech, and massively inefficient solutions where the business model is basically'throw more humans at it,'" explained Vasco Pedro, Co-Founder and CEO of Unbabel.

SAN FRANCISCO, CA--(Marketwired - Nov 3, 2016) - While many fans dreamed the Chicago Cubs would make it to the World Series, few fans or pundits actually predicted it. But UNU, the world's first Artificial Swarm Intelligence, made a bold set of baseball predictions back in early July, naming all eight teams to make the playoffs and asserting the Cubs would win their first pennant since 1945 and first World Series since 1908. For good measure, UNU also correctly picked the Cubs' opponent, the Cleveland Indians. It was way back at midseason, during the All-Star break, when the Boston Globe challenged Unanimous A.I. to use their UNU system to do something audacious -- predict the full outcome of the 2016 baseball season. Unanimous delivered a set of picks to the Globe, which they published and have been tracking ever since.

PUNE, India, Nov. 3, 2016 /PRNewswire-iReach/ -- The need to enhance the decision-making capability of machines is driving the Machine Learning as a service (MLaaS) market. MLaaS with the help of pattern recognition, advanced analytical methodologies, and APIs is able to make better decisions. With the use of machine learning algorithm, decision-making abilities improve over time without being explicitly programmed. However, the lack of skilled consultants to deploy machine learning services and government and compliance issues are limiting the growth of MLaaS solutions in the market. Healthcare industry among all the verticals is expected to gain the maximum traction during the forecast period.

The company announced the new products and services at its World of Watson event taking place this week in Las Vegas. The conference is dedicated to promoting IBM's artificial intelligence technologies. One of the key themes of this year's conference is how Watson can help business professionals. In particular, IBM is promoting its latest solutions as a way for professionals to analyze big datasets. "Helping professionals augment their existing knowledge and experience without needing to engage a data analyst empowers them to make more informed business decisions, spot opportunities and take action with confidence," the company said in a statement.

At Pubcon 2016 in Las Vegas, I had the opportunity to speak with Eric Enge, CEO and Founder of Stone Temple Consulting, about machine learning and its impact on SEO. If hearing the phrase "machine learning" has you worried, because it's about to become one more thing to think about in SEO, please watch the video below. Eric Enge explains how machine learning will impact SEO and digital marketing. You can also listen to the interview in podcast form here. Please visit SEJ's YouTube page for more video interviews.

SAN FRANCISCO--(BUSINESS WIRE)--Wizeline, the leading provider of digital product and customer experience solutions powered by artificial intelligence, today announced the launch of Wizeline Artificial Intelligence Academy, or Wizeline AI Academy for short. The program, which will matriculate its first classes starting in December 2016, offers qualified applicants tuition-free coursework on artificial intelligence, machine learning and other advanced software engineering skills and technologies. The courses will be given at Wizeline's office campus in Guadalajara, Mexico. Interested candidates can apply by visiting AI Academy's website. With its main software engineering campus in Guadalajara, Wizeline has more than tripled in size in the past year.

Big Blue is bringing its Watson artificial intelligence tools to the world in a big way, with new tools announced this week for marketing, commerce, supply chains, and human resources. IBM also rolled out a new hybrid cloud database solution, cognitive capabilities for iOS apps, and services for developers using the Slack collaboration platform. The company announced the new products and services at its World of Watson event taking place this week in Las Vegas. The conference is dedicated to promoting IBM's artificial intelligence technologies. One of the key themes of this year's conference is how Watson can help business professionals.

The World Intellectual Property Organization has developed a ground-breaking new "artificial intelligence"-based translation tool for patent documents, handing innovators around the world the highest-quality service yet available for accessing information on new technologies. WIPO Translate now incorporates cutting-edge neural machine translation technology to render highly technical patent documents into a second language in a style and syntax that more closely mirrors common usage, out-performing other translation tools built on previous technologies. WIPO has initially "trained" the new technology to translate Chinese, Japanese and Korean patent documents into English. Patent applications in those languages accounted for some 55% of worldwide filings in 20141. Users can already try out the Chinese-English translation facility on the public beta test platform.

In the next five years, every important decision, whether it's business or personal, will be made with the assistance of IBM Watson. Watson, the company's artificial intelligence-fueled system, is working in fields like health care, finance, entertainment and retail, connecting businesses more easily with their customers, making sense of big data and helping doctors find treatments for cancer patients. The Watson system is set to transform how businesses function and how people live their lives. "Our goal is augmenting intelligence," Rometty said. "It is man and machine. This is all about extending your expertise. It doesn't matter what you do. IBM's conference this week, which the company said drew 17,000 attendees, explored how companies, including retailers, educators, human resources departments and financial institutions, amon others, can use Watson. "The challenge IBM has right now is to define the marketplace," said Jeff Kagan, an independent industry analyst, who attended the conference. "Ten years from now, will IBM be the leader?

Microsoft this week released an updated version of its Microsoft Cognitive Toolkit as an open source Beta. The deep learning system is used to speed advances in areas such as speech and image recognition and search relevance on CPUs and Nvidia GPUs. It also works with Microsoft's Azure GPU offering. The Microsoft computer scientists who developed the toolkit initially were looking for a tool to speed up and improve their own research. Initially called "Microsoft/CNTK," it morphed into an offering that Microsoft customers and flagship product groups depend on for a wide variety of deep learning tasks, the company said.