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Exchange Operators launch Artificial Intelligence tools to catch cheating in stock market – Tech2

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Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. The software could, for instance, scrub chat-room messages to detect dubious bragging or back slapping around the time of a big trade. It could also more quickly unravel complex issues, like "layering," where orders are rapidly sent to exchanges and then canceled to artificially move a stock price.


Bank of America announces an AI-powered bot to help customers make smarter…

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Bank of America announces an AI-powered bot to help customers make smarter decisions Monday at the Money 20/20 conference in Las Vegas, Bank of America's president of retail banking, Thong Nguyen, announced an artificially intelligent bot to help customers make smarter decisions, according to CNBC. Named Erica, the bot uses artificial intelligence and predictive analytics to learn your personal spending habits and offer helpful advice. For example, Erica might send someone a predictive text: "Michelle, I found a great opportunity for you to reduce your debt and save you 300." Erica is designed to not just be a virtual assistant, but each customer's "personal advocate," said Bank of America head of digital banking Michelle Moore. It can tell you about your spending habits, if you spend more than usual on a certain product or category of products, some opportunities to reduce debt or save money, and if your credit score took a dip. Links and videos are also provided to users so they can better understand terms like FICO score.


How artifical intelligence is shaping your sales strategy 7wData

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From Apple s Siri to Google Allo, we are in the age of artificial intelligence, and it is getting integrated into our daily routines. Similar trends can be seen in the way we do our sales. Yes, you heard it right -- artificial intelligence is shaping our sales strategy. Right from sales prospecting to closing deals automatically, it has brought about a transformation. There is no need to fear for your jobs, however; artificial intelligence is only going to help those in sales focus on chasing the right customers and closing deals faster. As per a recent Forbes article, businesses are realising the need for analytics in the sales process, and data-driven sales roles will be in high demand.


The era of Artificial Intelligence: Issues and Concerns - indoona blog

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The evolution of the AI programs is reaching many fields: for example, to allow the AI to communicate in an ever more human way, Google's DeepMind developers have started to make it read hundreds of romance novels to help it improve its dialectical skills and develop a minimum of personality. The choice fell on the romantic novels because they have very linear plots and simple narrative schemes but also they are very similar to each other, an element that AI can learn to manage and rework to interact with a human being. The next step is to draft long and elaborate sentences, or even writing entire novels. Not surprisingly, a recent book written by a computer has passed a literary prize screening. The Japanese literary prize Hoshi Shinichi is also open to works produced by artificial intelligences and the jury – without knowing its origin – admitted the book "The day a computer writes a novel", written by the program of a professor of the Hakodate Future University.


Nissan-Renault says open to partnerships to develop new car technologies 4-Traders

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Nissan Motor Co Ltd ( Nissan Motor Co Ltd) and Renault SA ( Renault) are open to partnerships with other companies to equip their vehicles with sophisticated technology as automakers race to develop the cars of the future, the pair's connected vehicles chief said. Global automakers are competing with industry rivals and technology firms to develop self-driving cars and mobility services such as car sharing as the growing use of technology and artificial intelligence may eventually diminish the role of drivers, threatening the traditional model of car ownership. As software used in cars becomes more sophisticated and costly, there will be benefits of partnerships - including with rivals - to develop standardised technology such as mapping services, said Ogi Redzic, who heads the Nissan-Renault alliances' Connected Vehicles and Mobility Services division. "We are in the spirit of collaboration," Redzic, who joined the alliance earlier this year after working for companies including Nokia and Motorola, told Reuters in an interview on Tuesday. "There are some other companies which would like to build everything in-house, but ... we are willing to partner when it makes sense."


iOS 10.1 fixes issue that lets Apple iPhones get hacked by just receiving a picture

The Independent - Tech

Apple just released iOS 10.1, an update that has the headline feature of bringing the all-important Portrait Mode to the iPhone 7 Plus. But it also includes security fixes that stop iPhones from being easily hacked into, and so all Apple users have been urged to update as soon as they can. As well as iPhones, iPads, Macs, Apple Watches and other products have received updates that keep them safe from similar attacks. Amy Rimmer, Research Engineer at Jaguar Land Rover, demonstrates the car manufacturer's Advanced Highway Assist in a Range Rover, which drives the vehicle, overtakes and can detect vehicles in the blind spot, during the first demonstrations of the UK Autodrive Project at HORIBA MIRA Proving Ground in Nuneaton, Warwickshire Chris Burbridge, Autonomous Driving Software Engineer for Tata Motors European Technical Centre, demonstrates the car manufacturer's GLOSA V2X functionality, which is connected to the traffic lights and shares information with the driver, during the first demonstrations of the UK Autodrive Project at HORIBA MIRA Proving Ground in Nuneaton, Warwickshire In its facilities, JAXA develop satellites and analyse their observation data, train astronauts for utilization in the Japanese Experiment Module'Kibo' of the International Space Station (ISS) and develop launch vehicles The robot developed by Seed Solutions sings and dances to the music during the Japan Robot Week 2016 at Tokyo Big Sight. Aurora Flight Sciences' technicians work on an Aircrew Labor In-Cockpit Automantion System (ALIAS) device in the firm's Centaur aircraft at Manassas Airport in Manassas, Va.


Simple reinforcement learning methods to learn CartPole

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I've been experimenting with OpenAI gym recently, and one of the simplest environments is CartPole. The problem consists of balancing a pole connected with one joint on top of a moving cart. The only actions are to add a force of -1 or 1 to the cart, pushing it left or right. In this post, I will be going over some of the methods described in the CartPole request for research, including implementations and some intuition behind how they work. In CartPole's environment, there are four observations at any given state, representing information such as the angle of the pole and the position of the cart.


Artificial Intelligence: the view from the White House

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Those interested in legal services and technology need to keep their eye on developments in artificial intelligence (AI). In the course of preparing a national US strategy, a committee of the National Science and Technology Council has drafted a report, Preparing for the Future of Artificial Intelligence, which is worth reading as a crib to the latest issues. This is much better written than you might expect from a committee (or, indeed, machine) authorship. The report eschews fanciful speculation about the future and is largely concerned with what it terms'narrow AI' 'which addresses specific application areas such as strategic games, language translation, self-driving vehicles and imagine recognition'. In particular, it looks at'machine learning' which it distinguishes from older'expert system' approaches. Machine learning is concerned to analyse bodies of data and'derive a rule or procedure that explains the data or can predict future data'.


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

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NEW YORK: Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. The software could, for instance, scrub chat-room messages to detect dubious bragging or back slapping around the time of a big trade. It could also more quickly unravel complex issues, like "layering," where orders are rapidly sent to exchanges and then canceled to artificially move a stock price.


The Marketer's Guide To AI In Marketing And Advertising AdExchanger

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Artificial intelligence (AI) is surging in ad/mar tech land. Or resurging, depending on how good your memory is. IBM continues to push Watson, and, in the run-up to their respective conferences, Salesforce and Oracle talked up their own AI initiatives. Also, Google, Facebook, IBM, Microsoft and Amazon banded together to create best practices around AI technologies. And startups like Adgorithms, Boomtrain, Cognitiv, Kenshoo, Lattice Engines, Rocket Fuel and numerous others continue to extol the virtues of their AI-powered applications.