Scientists have discovered a way to reconstruct the images in a person's mind. In a new study, researchers concluded that it's possible to visualize a person's memory using only an fMRI machine and some machine learning software. For the study, published in the Journal of Neuroscience, the researchers showed 23 participants hundreds of faces while hooked up to an fMRI machine. While they were looking at the faces, an AI program was learning to associate their perception of certain features with different brain activity. Then, once the machine has learned which activity corresponds to which feature, the participants are shown a picture of a brand-new face, and the machine reconstructs it.

Not everyone can afford a personal wealth manager, but thanks to advancements in artificial intelligence technology, you might never need one. MyKai, a new service launched on Tuesday, is a so-called bot that promises to help you manage your banking and financial needs all via text messaging. Need to see your checking account balance? Just send a text to MyKai. Want to pay your buddy for that drink he got you?

Can India become the top 3 market for AI & Analytics in 2025? NASSCOM's Big Data & Analytics Summit 2016 in Hyderabad had an Interesting theme this year "Rise of Algorithms and AI: Complexity to Competitive Advantage" Over 800 Data analytics executives gathered to share real-world experiences at this event, three key themes emerged from these discussions: Cognitive Computing, Industrialization of Algorithms and Platform as a Service using Analytics (PAAS). Everyone echoed in the forum where "Data" is the new Gold and it is an asset for every organization, small and large with strong emphasis on Quality of the "Data". Data is evolving rapidly everyday " VUCA - Volatility,Uncertainty, Complexity & Ambiguity ". Gesture Recognition via Interactive Data will bring analytics to your finger tips.

Microsoft CEO lays out his vision for ethical AI research. Taking a page from Isaac Asimov's famous Three Laws of Robotics, Microsoft CEO Satya Nadella has drawn up six "musts" for the revolution in artificial intelligence that he sees…

Sony Corp. President Kazuo Hirai said Wednesday the company is making progress in its transition from restructuring to seeking profitability, pinning hopes on the growth potential of games and artificial intelligence-based robots. "We got off to a good start in the first year toward generating profits and investing in growth," Hirai told a press conference in Tokyo. Sony kept to its operating profit target of more than 500 billion yen ( 4.9 billion) set under its three-year business plan through fiscal 2017, although he called it "challenging." With an aim of developing AI-based robots, Sony will set up the "Sony Innovation Fund" in July to invest in startups, marking Sony's reentry into a market it quit when it ended production in 2006 of robotic dog AIBO. "Robots that can connect with our customers at heart...and receive affection are among items we want to develop," Hirai said.

The White House Office of Science and Technology Policy is looking for public feedback on artificial intelligence, the office announced Monday. Through the request for information, published in the Federal Register Monday, the office hopes to learn "how America can best prepare for the future of AI, including information about AI research and the tools, technologies, and scientific training that are needed," U.S. Deputy CTO Ed Felten wrote in an OSTP blog post. The solicitation is part of an ongoing White House initiative to discuss the topic. In May, the office announced plans to explore the uses and risks of AI, and since then, OSTP has hosted two workshops on AI, and another event last week. "What we know for sure is that AI is raising policy challenges already, such as how to make sure that the technology remains safe, controllable and predictable, even as it gets much more complex and smarter," Felten said at the first workshop, held in May at the University of Washington.

The most important players in this new world are the "digital assistants:" Siri, Alexa, Cortana, Facebook M, Google Assistant, and a handful of third-party players. These, say their makers, will be our computing familiars, the programs that we'll spend most of our time talking to. They'll be accessible on different platforms (phones, watches, cars, home hubs) but keep tabs on our personal data, schedules, and location, across an entire network. And thanks to machine learning, they'll understand human speech better than any computers before, able to grok context and slang, and, eventually, emotion and intent. Assistants like this will offer us ambient computing.

This week, Oculus removed its hardware DRM checks bringing rejoicing to the VR streets, Adobe Premiere now has tools for editing 360 and stereoscopic video, Twitter is starting an AR/VR division, Bluetooth 5 was announced, AI can now anticipate and beat human experts in combat simulations and a Russian robot keeps trying to escape the lab. Robots and AI can beat us in combat simulations and escape labs now. Looking to buy yourself some VR games? While this is gonna sound like a promo, it's more of a public service announcement… Steam and Oculus have a stack of sales on over 120 VR games till 4th July! Adobe Premiere Pro's latest update now includes new tools for editing 360 degree video and stereoscopic VR video!

It's not always easy to know when you're under attack, or when your security has already been breached. If you're capable of detecting a breach, you might find it in as few as 10 days, but survey after survey finds that breaches that are detected by someone outside the business typically take over 100 days to find. For one thing, between ecommerce, company websites, email, mobile users and overseas divisions, your company is doing business 24/7; however, your IT security team probably works business hours. That's one way 60 percent of attackers are able to compromise an organization in minutes, according to Verizon's 2015 Data Breach Investigations Report. But only a third of businesses can detect a breach within a few days.

That's the takeaway from a draft report on robotics produced by the European Parliament, which warns that artificial intelligence and increased automation present legal and ethical challenges that could have dire consequences. "Within the space of a few decades [artificial intelligence] could surpass human intellectual capacity in a manner which, if not prepared for, could pose a challenge to humanity's capacity to control its own creation and ... the survival of the species," the draft states. The report offers a series of recommendations to prepare Europe for this advanced breed of robot, which it says now "seem poised to unleash a new industrial revolution." The proposal suggests that robots should have to register with authorities, and says laws should be written to hold machines liable for damage they cause, such as loss of jobs. Contact between humans and robots should be regulated, with a special emphasis "given to human safety, privacy, integrity, dignity and autonomy." If advanced robots start replacing human workers in large numbers, the report recommends the European Commission force their owners to pay taxes or contribute to social security.