"Banks, financial services, insurance companies as well as global enterprises in other data-intensive industries are using cognitive automation to solve operational problems," said Alex Lyashok, COO of WorkFusion. "Gartner's report highlights the opportunity to use smart machines to transform existing business processes. Our product helps operations teams apply smart automation in an easy, non-disruptive way. Not only does WorkFusion help deliver as much as a 60% reduction in common back-office processes, but customers are also able to improve customer experience by reducing cycle times and improving the quality of customer interactions." WorkFusion is the leading smart process automation solution for enterprise operations.

To address this problem, Cogitai is committed to developing systems that learn continually from their experience. "Our continual-learning technology will allow computer systems to build knowledge and skills simply through interacting with the world around them," said Dr. Mark Ring, CEO of Cogitai. "Simple knowledge and skills gained through early experience will allow development of more complex knowledge and skills in a powerful cycle of never-ending self-improvement. Though this ambition has always been one of the major goals of AI, it has never been considered feasible in the near term by those knowledgeable in the field, but our team believes it sees a path toward this dream." "Our company will build upon decades of research in the fields of Reinforcement Learning and Deep Learning, harnessing recent progress, but going well beyond current technology to create systems that learn for themselves how the world works in ways reminiscent of how human children do," said Dr. Satinder Singh, Chief Scientist of Cogitai.

The collaboration will accelerate the creation of Zebra's imaging analytics engine and create neural networks that will use Zebra's vast imaging dataset to assist radiologists with automated diagnostic algorithms. Kibbutz Shefayim Israel, May 24, 2016 - Zebra Medical Vision is announcing a new collaboration with Intermountain Healthcare, one of the top performing integrated care providers in the U.S. Intermountain plans to work with Zebra to accelerate the creation of meaningful imaging algorithms to improve patient care. Zebra is also announcing today an additional financing round of 12 million led by Intermountain Healthcare, with the participation of existing investors. Zebra Medical Vision was founded in 2014 with the vision of teaching computers to automatically read and diagnose medical imaging data. The company's analytics engine helps physicians and healthcare providers analyze millions of imaging records, in an effort to close the diagnostic gap created by a billion people worldwide joining the middle class in the coming decade, who will require diagnostic services.

"Diversified application areas are expected to drive the artificial intelligence market" The artificial intelligence market is estimated to grow from USD 419.7 million in 2014 to USD 5.05 billion by 2020, at a CAGR of 53.65% from 2015 to 2020. This growth can be attributed to the factors such as diversified application areas, improved productivity, and increased customer satisfaction. "Machine learning technology to gain maximum traction during the forecast period" The machine learning technology is expected to account for the largest share of the overall AI market duing the forecast period. In addition, due to the increase in demand for AI from the media & advertising and finance sectors, the artificial intelligence market is expected to gain traction in the next five years. The machine learning technology market for the retail, healthcare, law, and oil & gas sectors is also expected to witness growth during the forecast period.

Toyota Motor Corp. announced Tuesday a partnership with Uber Technologies in which the Japanese automaker will invest an undisclosed sum in the ride-hailing company and establish a car-leasing option for Uber drivers. Through the partnership, the two companies will "explore collaboration ... in the world of ridesharing in countries where ridesharing is expanding, taking various factors into account such as regulations, business conditions, and customer needs," Toyota said in a prepared statement. The partnership will also expand on Uber's vehicle-leasing program, which offers cars to its drivers through Enterprise Holdings Inc. -- the parent company of Enterprise Rent-A-Car, Alamo Rent a Car and National Car Rental. Both Uber and Toyota declined to comment on the size of Toyota's investment. A Toyota spokesman said both companies are "still in the early stages of developing [their] strategy" and, aside from the vehicle leasing option, no other specific plans have been made.

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."

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.

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.

"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.

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.