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This Bank-Beating Trading Powerhouse Doesn't Use Human Traders

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One of the world's fastest-growing trading shops doesn't have any traders. XTX Markets Ltd. has emerged as a foreign-exchange powerhouse, relying on programmers and mathematicians to fuel its rise into the global top five earlier this year. Now, after becoming a formidable player in currencies, XTX has its sights set on growing in stocks, commodities and bonds markets. But in a world where the difference between profit and loss can be tiny fractions of a second, XTX says it relies more on smarts than speed. Instead of building microwave networks to ferret out prices a microsecond before anyone else, XTX uses mathematical models that are tuned with massive data sets.


Speech Synthesis using Deep Learning

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Voice assistance on your phone is nothing new. Be it Alice, Cortana or Siri, they have all been assisting us with minor chores through our otherwise busy life. You don't really need to look carefully to figure the monotony in the speech and hence one never banks fully on the assistant. Psychologically, a person has never found a'spark' of sorts with their assistant. Since most systems today need to be trained or taught by humans, it is almost impossible for us to pre-program an assistant who adapts to every consumer.


Artificial Intelligence needs to embed human values and relationships: Barack Obama โ€“ Tech2

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The editor in chief for Wired conducted a joint interview with the President of the United States, Barack Obama and MIT Media Lab Director Joi Ito. The interview is for the November 2016 issue of Wired, but a condensed version is available on the Wired website. The disruptive emergence of Artificial Intelligence, Space Travel and Star Trek were on the agenda. Artificial Intelligence has gone from science fiction to reality. There are two kinds of Artificial Intelligence, general AI and specialised AI.


Emotional AI coming soon?

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Nowadays Artificial Intelligence (AI) seems to be on everyone's lips. This was emphasised once again at the most recent TechCrunch Disrupt event, held in San Francisco in mid-September, where the topic was raised in almost every discussion. Machine learning is a particularly fertile area of Artificial Intelligence. Danny Lange, Head of Machine Learning at Uber, believes that the best way of describing the concept โ€“ which everyone is talking about without actually knowing exactly what it involves โ€“ is to regard it as a paradigm shift. "We're moving from a Newtonian, deterministic way of writing software, where the all-knowing programmer writes a complete model of your world, and we're seeing this major shift to more of a Heisenberg world, where it's about uncertainty and probabilities. Basically we're now using experience, using data, to have learning algorithms build and use these models and get results that are really predictions with probabilities, rather than having finite deterministic programmes. And as the world changes the data changes and we rebuild the models. This allows us to continuously have a software system that is more in line with the real world," he explained to the TechCrunch Disrupt audience.


Google: Penguin is Not a Machine Learning Algorithm

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Ever since the new real time Penguin algorithm was released by Google, there has been speculation that Penguin was either a machine learning algorithm or had a machine learning component to it. And if it was machine learning, would it be a supervised one or an unsupervised one. I asked Gary Illyes from Google, whether Penguin was a machine learning algo or not, and he responded that it was not. He also confirmed that it doesn't use any type of supervised or unsupervised learning as part of the algo. People began speculating about machine learning being part of Penguin after Google launched the new real time Penguin last month.


Reader Survey: Is Machine Learning in Your Future? - insideHPC

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Will this be the year of artificial intelligence, when the technology comes into its own for mainstream business? Please share your insights in our Reader Survey. AI-based tools are pouring into the marketplace, and many well-known names have committed to adding AI solutions to their product mix โ€“ General Electric is pushing its AI business called Predix, IBM runs ads featuring its Watson technology talking with Bob Dylan, and just recently CRM giant Saleforce announced it would be adding AI to it products. Its system, called Einstein, promises to provide insights into what sales leads to follow and what products to make next. These moves represent years of development and billions in investment.


The combination of human and artificial intelligence will define humanity's future

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Bryan Johnson is the founder and chief executive officer of the neuroprosthesis developer Kernel and the founder of OS Fund and Braintree. Through the past few decades of summer blockbuster movies and Silicon Valley products, artificial intelligence (AI) has become increasingly familiar and sexy, and imbued with a perversely dystopian allure. What's talked about less, and has also been dwarfed in attention and resources, is human intelligence (HI). In its varied forms -- from the mysterious brains of octopuses and the swarm-minds of ants to Go-playing deep learning machines and driverless-car autopilots -- intelligence is the most powerful and precious resource in existence. Our own minds are the most familiar examples of a phenomenon characterized by a great deal of diversity.


Artificial intelligence technology poised to power mobility

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Many people associate artificial intelligence technology with the Terminator's infamous Skynet system that takes over the world and attempts to eliminate mankind. Yet these technologies can provide services that are far more practical and desirable today. Today's IT admins face the challenging task of managing the countless amount of mobile devices that connect to enterprise networks every day. Find out how to eliminate the most common mobile data security pain points and pitfalls in this complimentary best practices guide. This email address is already registered.


Search Affiliate Looks To AI, Machine Learning For Ad Fraud Detection, Attribution

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Affiliate marketing company Impact Radius has locked its sights on artificial intelligence and machine-learning techniques, with aspirations of integrating the technology into attribution modeling and ad fraud detection to monitor campaigns across devices. Overtime programmatic technology combined with unified measurement and optimization will increasingly automate processes, according to Per Pettersen, CEO and co-founder at Impact Radius. "At this point you're really competing on the merit of margin and lifetime value," he said. When asked how artificial intelligence will change affiliate marketing and search, Pettersen said computers will analyze the data and make specific recommendations. "In theory, as systems get more sophisticated, the technology will make buying decisions," he said, without the marketing having to cap the bid.


A night at the AI jazz club

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It's a Wednesday night in North East London and upstairs at the Vortex Jazz Club the machines are calling the shots. The human spectators are jiggling happily in their seats, and the musicians are undeniably flesh-and-blood, sweating and straining at their instruments. But the music itself is the product of electronic brains -- trained to soak up the music of great artists and strain out new melodies. This is "the first concert consisting almost entirely of music composed by artificial intelligence" says professor Geraint Wiggins of Queen Mary's University at the beginning of the evening. In about a few minutes we'll be listening to Medieval chants, Baroque chorales, and jazz and pop -- all made by artificial intelligence with the help of computer scientists who programmed the evening's "composers."