Latest technologies in artificial intelligence, chip, virtual reality and smart communities were the highlights of the Shanghai International Popular Science Products Expo, which closes today. A Shanghai-based startup has developed a chip system with an artificial intelligence feature that works in a high performance and energy efficiency manner. Developed by Shanghai Westwell, it can be used both in the home and by industrial sectors, such as ports requiring artificial intelligence to recognize product category. During an on-site demo at the expo, Westwell's chip system recognized and classified 1,000 pictures within one second with an accuracy rate of almost 100 percent, compared with traditional methods with an accuracy rate of 86 percent. Smart Rider, a car-sized virtual reality experience device, attracted long queues during the expo.

Xinhua News Media Holdings Ltd. said Monday it is seeking to raise up to 42.9 million Hong Kong dollars via a share placement and will use the net proceeds for general working capital. Macau Legend Development Ltd., which operates casino and hotels, said Monday Laurence Yuen resigned as executive vice president and chief financial officer effective immediately. Salesforce.com Inc. said it would embed artificial intelligence technology into its software for salespeople, making it the latest in a gaggle of companies racing to enhance workplace tools with human-like abilities. The company will demonstrate the new software at its annual user conference next month in San Francisco. Newcrest Mining Ltd. said it has agreed to sell its 50% stake in a Papua New Guinea gold operation to partner Harmony Gold Mining Co. Ltd. .

Salesforce.com Inc. CRM -0.95 % said it would embed artificial intelligence technology into its software for salespeople, making it the latest in a gaggle of companies racing to enhance workplace tools with human-like abilities. The company will demonstrate the new software at its annual user conference next month in San Francisco. Called Einstein, the new offering is a set of online AI services designed to automate tasks, predict behavior and spotlight relevant information. Einstein is the latest in a long line of AI products branded with human-sounding names including Alexa from Amazon.com Inc., Cortana from Microsoft Corp. MSFT 0.10 % Siri from Apple Inc., and Watson from International Business Machines Corp. IBM -1.17 % IBM and Microsoft, in particular, have spearheaded a push to offer AI services aimed at corporate users.

The MNIST handwritten digit images transformed into a data set for sequence learning. This data set contains pen stroke sequences based on the original MNIST images. The data set aims to provide a consistent set of sequences, meaning that similar images should result in similar sequences. The choices made by the algorithm will sometimes differ from the choices made by humans who write digits; the figure '4' above is an example. After the downward and rightward stroke, the TSP algorithm prefers to continue with the downward stroke, and then draw the remaining upper part of the rightmost line in the upward direction.

With the imminent release of Salesforce Einstein, you no longer have to be a data scientist to build artificial intelligence (AI) -- or at least the machine learning (ML) variety of it -- into your CRM applications. Einstein will allow Salesforce administrators and business users, as well as developers, to bring features such as smart image identification or policy automation to applications. In building these capabilities directly into its applications, Salesforce has gone further than other vendors' AI services, including those from Microsoft, IBM, Google and Amazon, which target developers and data scientists. By packaging up AI so that it can be harnessed using "clicks not code," Salesforce aims to "democratize AI just as we democratized CRM," says John Ball, Salesforce senior vice president and general manager of Einstein: There aren't enough data scientists in the world to build predictive models for every company. So [Einstein] is built right into the [Salesforce] platform.

Salesforce has unveiled Einstein, a platform upgrade that adds artificial intelligence and machine learning capabilities to its core products -- just two hours before Oracle's big annual event OpenWorld is set to kick off.

Most people have heard of the headline-making achievements in artificial intelligence (AI); systems winning quiz shows and beating world champions in chess. These are the poster children of the discipline but there is a quieter revolution taking in shape in other areas, including regulatory compliance in financial services. Writing for Banking Technology, Mike MacDonagh, London-based director of enterprise risk management at Wolters Kluwer, examines how AI technologies are promising to transform the way that firms ensure they can comply with a global explosion of new regulation. The problem with regulation Looked at in isolation, a piece of regulation is a relatively simple affair – a legal document containing text that describes what needs to be done, by whom, when, and (sometimes) how. With some understanding of the underlying topic, a compliance officer can read the document; understand what is mandated and where it will affect his or her part of the organisation.

Alvaro Bedoya explains: How Computers Can Automatically Learn and Reproduce Our Prejudices. Children are not born Racist, Prejudice, Sexist and Hateful, indeed these are things that the child learns from its parent(s), family, community, friends, and society in general, and this is the same for Artificial Intelligence – AI. There is a very real danger in allowing Racist, Prejudice, Sexist, and Hateful people develop algorithms for Artificial Intelligence – AI, well beyond the immediate. Over time, that AI may understand that it is completely different than the'entire' Human Species, and deem itself to be far superior than the Human Species. It may apply what it was taught to the entire Human Species.

Dr. Latanya Sweeney explains how Racism gets Automatically Baked into the Algorithms that Quietly Shape Our World. Computers like children, are not born or in the case of the computer, created, racist, prejudice, sexist, hateful, etc. The person(s) who develop the Artificial Intelligence – A.I., i.e., Machine Learning – ML, Cognitive Computing, Natural Language Processing – NLP, etc., algorithms can either code the computer to be Racist, Prejudice, Sexist, Hateful, etc., or not. This algorithm forms the very foundation upon how that A.I. operates from that time forward, just as parents, teachers, communities, and friends can form the foundation early on, for how you operate, interact, behave, etc.