Press Release
FinTech : Mphasis 'Sparks' Cutting Edge, Future Proof Digital Acceleration Program 4-Traders
Mphasis,a leading IT services and solutions provider, today launched Digital Acceleration Program – Sparks;. Sparks accelerates digital transformation for organizations without them having to invest in future proof technology or research labs by constantly bringing in industry disruptors revolutionizing the global banking and insurance sectors. These partnerships are a catalyst in verticalyzing cutting-edge digital technology to help Mphasis; customers pragmatically deliver end-to-end solutions. Sparks currently introduces two vital elements Customer Experience; and Data, Information Intelligence; aspects of digital. Sparks evolution roadmap consists of bringing in three other elements: Commerce, Operations, and Architecture Technology Transformation.
Mphasis : parks' cutting edge, future proof Digital Acceleration Program 4-Traders
Mphasis, a leading IT services and solutions provider, today launched'Digital Acceleration Program - Sparks'. Sparks accelerates digital transformation for organizations without them having to invest in future proof technology or research labs by constantly bringing in industry disruptors revolutionizing the global banking and insurance sectors. These partnerships are a catalyst in verticalyzing cutting-edge digital technology to help Mphasis' customers pragmatically deliver end-to-end solutions. Sparks currently introduces two vital elements'Customer Experience' and'Data, Information & Intelligence' aspects of digital. Sparks evolution roadmap consists of bringing in three other elements: Commerce, Operations, and Architecture & Technology Transformation.
Ford To Put Fully Autonomous Cars On The Road By 2021
Ford announced a due date for its self-driving future. Stepping on the gas could soon be a thing of the past -- as well as hitting the brakes, or getting behind the wheel altogether. Ford has announced its plan to develop fully autonomous cars by 2021. The company sees fully autonomous cars as having "as big of an impact on society" as its moving assembly lines did a century ago, Ford President and CEO Mark Fields said in a press conference yesterday. "A driver is not going to be required."
Ford Looks To A Fleet Of Driverless Cars
The race for who will come to the market with an auto-piloted car is heating up again. Ford has announced that it will have a fleet of autonomous cars on the road by 2021. The driverless vehicles will be available for ride sharing. The company said it will more than double its team devoted to developing autonomous driving, and invest even more money in its Silicon Valley campus. Ford's CEO Mark Fields has said that the company will triple its investment in the technology which includes currently available help with parking and avoiding traffic jams.
How well do facial recognition algorithms cope with a million strangers?
The MegaFace dataset contains 1 million images representing more than 690,000 unique people. It is the first benchmark that tests facial recognition algorithms at a million scale.University of Washington In the last few years, several groups have announced that their facial recognition systems have achieved near-perfect accuracy rates, performing better than humans at picking the same face out of the crowd. But those tests were performed on a dataset with only 13,000 images -- fewer people than attend an average professional U.S. soccer game. What happens to their performance as those crowds grow to the size of a major U.S. city? University of Washington researchers answered that question with the MegaFace Challenge, the world's first competition aimed at evaluating and improving the performance of face recognition algorithms at the million person scale.
Planarian Regeneration Model Discovered by Artificial Intelligence
The discovery by Tufts University biologists presents the first model of regeneration discovered by a non-human intelligence and the first comprehensive model of planarian regeneration, which had eluded human scientists for over 100 years. The work, published in the June 4, 2015, issue of PLOS Computational Biology, demonstrates how "robot science" can help human scientists in the future. In order to bioengineer complex organs, scientists need to understand the mechanisms by which those shapes are normally produced by the living organism. However, a significant knowledge gap persists between molecular genetic components identified as being necessary to produce a particular organism shape and understanding how and why that particular complex shape is generated in the correct size, shape and orientation, said the paper's senior author, Michael Levin, Ph.D., Vannevar Bush professor of biology and director of the Tufts Center for Regenerative and Developmental Biology. "Most regenerative models today derived from genetic experiments are arrow diagrams, showing which gene regulates which other gene. That's fine, but it doesn't tell you what the ultimate shape will be. You cannot tell if the outcome of many genetic pathway models will look like a tree, an octopus or a human," said Levin.
Telenor supports Norwegian entrepreneurship and artificial intelligence research
In collaboration with the Norwegian University of Science and Technology (NTNU) and the leading research institute SINTEF, Telenor will establish a lab focused on artificial intelligence and big data at NTNU in Trondheim, Norway. As the second initiative, Telenor will develop and launch a dedicated, next-generation Internet of Things (IoT) network in several Norwegian cities. Norwegian startups and students will get cost-free access to the IoT network in order to develop and test their products and services. The first pilot will be located in Oslo, in collaboration with StartupLab. "We need to build critical competencies within artificial intelligence and we want to give Norwegian startups the resources they need to succeed. This is imperative for our ability to seize digital opportunities and contribute to creating new jobs. Startups play a key role in net job creation. We aim to stimulate productivity in Norway by developing new competencies and supporting the startup community," says Sigve Brekke, President and CEO, Telenor Group.
License of Harvard Deep Learning Artificial Intelligence Platform for OLED development announced
Kyulux Inc announced that it has a license with Harvard University's Molecular Space Shuttle deep learning system to develop new display and lighting application materials, according to a news release. Kyulux is an advanced materials start-up company that commercializes thermally activated delayed fluorescence (TADF) OLED display and lighting technology. The Molecular Space Shuttle is an artificial intelligence platform designed by Alán Aspuru-Guzik's group at Harvard's chemistry and chemical biology department, where Aspuru-Guzik is a professor.
Machine learning platform minimized Brexit fallout for investors
The U.K.'s Brexit vote was something few prognosticators saw coming prior to the June 23 referendum. But once the results were in, it was clear the vote to leave the European Union would have a major impact on financial markets. The pound sterling fell in value by 11% two days after the vote, and both the Dow Jones Industrial Average and the London Stock Exchange's FTSE 100 index lost more than 2% of their total value. This left millions of traders all over the world scrambling to find safer investment positions. But at least one group of investors was relatively calm, according to Omer Cedar, CEO of Omega Point Research Inc., a New York-based software company that sells analytics tools to help investment managers review their portfolios for risks.
Ford Motor : Targets Fully Autonomous Vehicle for Ride Sharing in 2021; Invests in New Tech Companies, Doubles Silicon Valley Team 4-Traders
Ford today announces its intent to have a high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service. This Smart News Release features multimedia. Ford has been researching autonomous vehicles for more than a decade, and intends to have a high-volume, fully autonomous SAE level-4-capable vehicle in commercial operation for ride sharing services in 2021. Ford currently tests fully autonomous vehicles in Michigan, Arizona and California, and will triple its autonomous test fleet this year to have the largest test fleet of any automaker. To get there, the company is investing in or collaborating with four startups to enhance its autonomous vehicle development, doubling its Silicon Valley team and more than doubling its Palo Alto campus.