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Toyota and Volkswagen invest in ride-hailing apps: 'the future of mobility'

The Guardian

Two major car companies announced on Tuesday investments in ride-hailing apps, signaling both a growing role for on-demand cars and a new groundwork for app-enabled self-driving fleets. Toyota will be investing and partnering with Uber, and Volkswagen is putting 300m into Tel Aviv-based ride-sharing app called Gett. In January, General Motors, a longtime Toyota rival, announced that it was putting 500m into Lyft, Uber's most direct competitor. "Ride-sharing has huge potential in terms of shaping the future of mobility," said Shigeki Tomoyama, senior managing officer of Toyota Motor Corporation and president of the Connected Company, a new group within Toyota. "Through this collaboration with Uber, we would like to explore new ways of delivering secure, convenient and attractive mobility services to customers."


Narrative Science to Speak About Artificial Intelligence at EmTech Digital 2016

#artificialintelligence

CHICAGO, IL--(Marketwired - May 12, 2016) - Narrative Science, the leader in Advanced Natural Language Generation (Advanced NLG) for the enterprise, has been invited to speak at EmTech Digital 2016. The annual conference, held by MIT Technology Review, focuses on emerging digital technologies and will take place at the St. Regis San Francisco on May 23 and 24, 2016. This year's conference convenes innovators, entrepreneurs and business leaders to examine artificial intelligence (AI) and the impact it will have across industry. AI already plays an active role in our day-to-day lives and the gathering will serve as a forum to discuss what's coming next in AI as it promises to be the greatest computing breakthrough of our time. Kristian Hammond, Chief Scientist of Narrative Science, will speak on May 23rd about the reemergence of AI, how the proliferation of data is fostering a new era of AI successes and the role of Advanced NLG as a communication layer between people and intelligent systems.


Everything Google announced at I/O 2016

#artificialintelligence

Developers and press gathered today at the Shoreline Amphitheater in Mountain View, California, for the annual ritual known as Google I/O. Are you ready for a Google overdose? Here's everything the company announced during its most important event of the year: Google launched its latest Android N developer preview today -- the first one to receive "beta-quality" status. Developers can start testing their apps for this release by downloading the new preview here. The factory images should arrive shortly for the following supported devices: Nexus 5X, Nexus 6, Nexus 6P, Nexus 9, Nexus 9 LTE, Nexus Player, General Mobile 4G, and Pixel C. Remember the rumor suggesting Google may use an online poll to name Android N? Well, it turns the rumor was half-correct: It's more of a suggestion box than a poll. Google wants to hear your what you've got at android.com/n.


ROSS Intelligence announces partnership with BakerHostetler

#artificialintelligence

"At BakerHostetler, we believe that emerging technologies like cognitive computing and other forms of machine learning can help enhance the services we deliver to our clients," said Bob Craig, Chief Information Officer. "We are proud to team up with innovators like ROSS and we will continue to explore these cutting-edge technologies as they develop." "BakerHostetler's commitment to the future of the legal practice and ensuring they continue to deliver the highest level of value to their clients completely aligns with our vision at ROSS Intelligence," said Andrew Arruda, CEO/Cofounder. "BakerHostetler has been using ROSS since the first days of its deployment and we are proud to partner with a true leader in the industry as we continue to develop additional AI legal assistants." About ROSS Intelligence ROSS Intelligence began out of research at the University of Toronto in 2014 with the goal of building an AI legal research assistant to allow lawyers to enhance and scale their abilities.


Rage Frameworks to Present Deep Learning and Artificial Intelligence Insights at EmTech Digital

#artificialintelligence

DEDHAM, MA--(Marketwired - May 17, 2016) - Rage Frameworks, a provider of knowledge-based automation technology and services, today announced that it will attend MIT Technology Review's fourth annual West Coast Emerging Digital Technologies (EmTech Digital) Conference, which brings together innovators, entrepreneurs, business leaders and venture capitalists to examine what's next for artificial intelligence across professional industries. The event will explore the latest research on artificial intelligence techniques, including deep learning and speech and image recognition, that are providing machines with valuable new capabilities and making the automation of more business decisions possible. Rage Frameworks' CEO Dr. Venkat Srinivasan will present "AI in the Enterprise" at the EmTech Digital Conference, where he will outline how artificial intelligence is already impacting daily lives and the ways in which Rage's traceable deep learning technology, RAGE AI, is helping global financial services, consumer products and manufacturing firms overcome business problems faster than ever. RAGE AI enables intelligent systems with end-to-end knowledge-based automation including contextual, traceable deep learning. Where natural language is involved, using deep linguistic parsing and proprietary linguistics-based innovations it enables the understanding of the real meaning of documents and interprets them as a human would.


VW steps up R&D efforts in artificial intelligence - automotiveIT International

#artificialintelligence

Volkswagen, acknowledging the growing automotive importance of machine learning, has acquired a stake in the German Research Center for Artificial Intelligence (DFKI). "Artificial intelligence (AI) is a key technology for autonomous driving and therefore an investment in our future," VW Group CEO Matthias Mueller said in a press statement. "We want to forge ahead with AI research in the automotive industry and beyond." VW also hopes its involvement in DFKI, one of the world's biggest AI research institutes, will help it with the digitalization of plants and a range of corporate processes. Many carmakers have been expanding their AI activities as an industry-wide effort to build autonomous vehicles is stretching current computer capacity to its limits.



Say one sentence and it's done in the AI-first world

#artificialintelligence

Google CEO Sundar Pichai said on Alphabet's Q1 earnings call: "In the long run, we will evolve in computing from a mobile-first to an AI-first world". This has prompted various speculation on what an AI-first world will look like. Pichai envisages that it will include "assistive" search, "especially on mobile," suggesting that artificial intelligence (AI) will be the platform for on-demand services accessed from any device โ€“ including smartphones. Dave Coplin, chief envisioning officer at Microsoft UK spoke at the AI Summit in London. He believes that AI first (AI as a platform) will "change how people relate to tech and to each other."


Accenture, IPSoft launch new practice for AI adoption in business

#artificialintelligence

Accenture and IPSoft have launched a new practice called Accenture Amelia Practice (AAP), a new business unit aimed at helping clients adopt artificial intelligence in business. Accenture claims that AAP will help organisations in improving their business outcomes and create new growth opportunities. The company said that it will develop an array of go-to-market strategies, solutions and consulting service offerings for the deployment of virtual agent technology for clients across several industries. In the initial stages, the business unit will cater to clients in banking, insurance and travel industries with its virtual agent technology. Accenture chief technology officer, Paul Daugherty said: "Artificial intelligence is maturing rapidly and offers great potential to reshape the way that organisations conduct business and interact with their customers and employees. "At the same time, executives are overwhelmed by the plethora of technologies and many products that are advertising AI or Cognitive capabilities.


Ratan Tata and Ronnie Screwala invest in AI-powered chat app Niki.ai

#artificialintelligence

Tata Sons chairman emeritus Ratan Tata and Unilazer Ventures founder Ronnie Screwvala has invested an undisclosed amount in artificial intelligence-powered chat app Niki.ai. The company said it would use the funds to strengthen its technology and increase the base of partner businesses. Sachin Jaiswal, chief executive officer of Niki.ai, said, "It's a proud moment for the company to have an investment from Tata and for Unilazer to do a follow-on round. With the continued support from our investors, we now want to expand aggressively across categories." Niki uses the method of natural language processing, which enables machines to understand human language inputs, and machine learning, wherein the machine self-learns with increasing data to converse with the customers over a chat interface and helps them to place various orders.