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Investorideas.com Newswire - AI Eye Podcast: CEO of VSBLTY Groupe Technologies (CSE: $VSBY) (OTC: $VSBGF) Discusses Deployment of Energetika's Smart City Contract with Mexico City
Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, reporting on recent news from VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTC: VSBGF) (5VS.F), a leading retail software and technology company using artificial intelligence. VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) and intelligent lighting solutions provider Energetika's smart city contract with Mexico City has begun deployment. Investorideas.com caught up with VSBLTY co-founder and CEO, Jay Hutton for an interview in which he explained how this smart city contract goes further than what is standard. Hutton said that while smart city solutions typically cover commercial properties, VSBLTY and Energetika are also bringing application to residential spaces. "When you look at smart cities, often you see a focus on commercial applications," he said.
Amazon Saw 15-Fold Jump In Forecast Accuracy With Deep Learning And Other AI Stats
When Amazon switched from traditional machine learning techniques to deep learning in 2015, it saw a 15-fold increase in the accuracy of its forecasts, a leap that has enabled it to roll-out its one-day Prime delivery guarantee to more and more geographies; Mastercard has used AI to cut in half the number of times a customer has their credit card transaction erroneously declined, while at the same time reducing fraudulent transactions by about 40%; and using predictive analytics to spot cyberattacks and waves of fraudulent activity by organized crime groups helped Mastercard's customers avoid some $7.5 billion worth of damage from cyberattacks in just the past 10 months [Fortune] The Press Association's news service RADAR (reporters and data and robots) has written 50,000 individual local news stories in three months with AI technology (NLP) guided by a team of 6 reporters [newsrewired.com] Ancestry used AI to extract obituary details that were hidden in a half-billion digitized newspaper pages dating back to 1690. The company's 24-person data-science team trained machine-learning algorithms to recognize obituary content in 525 million newspaper pages. It then trained another set of algorithms to detect and index key facts from the obituaries, such as names of the deceased's spouse and children, birth dates, birth places and more. Ancestry, which has about 3.5 million subscribers, now offers about 262 million obituaries, up from roughly 40 million obituaries two years ago.
r/MachineLearning - [R] HOList: An Environment for Machine Learning of Higher-Order Theorem Proving
Abstract: We present an environment, benchmark, and deep learning driven automated theorem prover for higher-order logic. Higher-order interactive theorem provers enable the formalization of arbitrary mathematical theories and thereby present an interesting, open-ended challenge for deep learning. We provide an open-source framework based on the HOL Light theorem prover that can be used as a reinforcement learning environment. HOL Light comes with a broad coverage of basic mathematical theorems on calculus and the formal proof of the Kepler conjecture, from which we derive a challenging benchmark for automated reasoning. We also present a deep reinforcement learning driven automated theorem prover, DeepHOL, with strong initial results on this benchmark.
AntWorks partners with SEED Group to drive adoption of Artificial Intelligence in the GCC
With successful adoption of AntWorks' IAP solution, businesses will stand to save millions and realise increased performance and efficiency by automating and processing business data, including unstructured data, which will make up 80% of the world's data by 2025. The partnership will help the GCC become a blueprint for the AI economy in the rest of the Middle East, Turkey and Africa, especially as governments look to diversify and drive revenue from non-oil and gas sectors. "We are deeply honored to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group expanding our reach into the Middle East," said Asheesh Mehra, AntWorks Co-Founder and Group CEO. "We see our partnership with SEED Group as an incredible opportunity to bring AntWorks' leading expertise in artificial intelligence to the GCC - helping the UAE's Ministry of AI realise its 2031 Artificial Intelligence Strategy. This is a market that thrives on innovation and has taken some of the most ambitious steps in the world in adopting the use of AI across government and business as they seek to create new economic, social, and educational opportunities for citizens. We look forward to a powerful and productive relationship that will make straight-through processing a reality across the GCC."
r/MachineLearning - "[D]" John Carmack stepping down as Oculus CTO to work on artificial general intelligence (AGI)
John Carmack is without a doubt one of the best software engineers the world has ever seen. How he fares will ultimately come down to whether our current block on developing AGI is caused by engineering, hardware, or theory (or a combination thereof). If it's just a matter of fitting together the pieces we've already developed in the right way then he honestly has a chance at making some headway. If it turns out we need substantially more computing power or more theoretical insight on the nature of intelligence then this is going to be pretty futile.
Business investment in AI and IoT not to increase in 2020
Emerging tech such as IoT and AI is the second lowest priority for businesses next year for the third year running, second only to print services. That is outlook from a survey conducted by business tech provider Softcat, which asked its 1,600 customers across 18 different industries about their intentions for tech spending in 2020. Among those industries, real estate, private health and social work, and energy and utilities ranked big data, IoT and AI seventh and eighth priority respectively – the highest ranking by those questioned. The survey also reports that 56 percent of industries rank end user computing and mobility, the technology which allows for remote working, as their second biggest technology priority. The construction, education and healthcare industries ranked this as their number one priority, ahead of cyber security investment.