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Apple Inc. (AAPL) Knows Its Hardware Era Is Over: Argus Research

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In a research note issued today, Argus Research shed light on how Apple Inc. (NASDAQ: AAPL) is transforming from a hardware enterprise to a software- and services-focused business. The sell-side firm reiterated its Buy rating on AAPL stock, with a 135 price objective. AAPL stock rose 0.74% to trade 98.18, just before 10 AM EDT. Apple hosted its Worldwide Developers Conference (WWDC) on June 13, and used the forum to announce new capabilities for Siri, features for Apple Watch, and integration of third-party apps into iOS. No new hardware was introduced, and the tech giant did not address rumors of a second-source vendor--Intel--as a baseband supplier for the iPhone.


Office workers meet Betty - their new robot colleague

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A trainee office manager is set to begin a two month trial, but this is a new starter with a difference - because Betty is a ROBOT. The unusual colleague is about to launch her new career at The Transport Systems Catapult, based in Milton Keynes thanks to a team from the University of Birmingham. Betty will carry out tasks including patrolling the offices, assessing how many staff members are in the office outside working hours, monitoring the environment by collating data on clutter, office temperature, humidity and noise, as well as checking fire doors are closed and desks are clear. She will also be tasked with greeting guests at reception. Friendly Betty is a highly sophisticated robot, running artificial intelligence-driven software developed by an international research team led by the university.


Digital disruption could threaten 40 per cent of jobs, says Productivity Commission - ABC News (Australian Broadcasting Corporation)

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Digital disruption has the potential to threaten 40 per cent of jobs over the next 10 to 15 years as automation and machine learning shake up the economy, according to a Productivity Commission report out today. In research entitled Digital Disruption: What do governments need to do?, the Commission warned that governments and regulators need to prepare for changing times as "disruption" moves beyond Uber and Air BnB. Productivity Commission chairman Peter Harris said developing disruptive technologies of machine intelligence and automation will gradually change economies. "There's little doubt that in some sectors there will be dislocation of labour and dislocation of capital. "It's not just a cost to employees, it will be a cost to certain businesses as well," Mr Harris told The World Today. "Things like 3D printing are going to have an impact.


Streamlining government services with bots

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What if you could get anything you wanted just by asking for it? It sounds like a fantastical prospect, but this kind of interaction now appears to be the goal of a category of software tools called "bots." Bots have long been used to automate repetitive computing tasks, but are now increasingly used to communicate directly with users. These artificial intelligence programs mimic human speech to answer questions, order products, and complete many other tasks. Several technology companies are working on integrating bots into their own products and competing to add functionality.


Machine learning โ€“ Google Deepmind โ€“ Artificial Intelligence

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DeepMind was established in London by Demis Hassabis, Shane Legg and Mustafa Suleyman in 2011. Major venture capital firms Horizons Ventures and Founders Fund have invested in the company, as well as entrepreneurs Scott Banister and Elon Musk. Jaan Tallinn was an early investor and an advisor to the company. In 2014, DeepMind received the "Company of the Year" award by Cambridge Computer Laboratory. Also on 26 January 2014 Google announced that it had agreed to take over DeepMind Technologies.


Deep Learning - June 9, 2016 - A Mobile Learning Lab presentation

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Infusion's VP, Technology, Sheldon Fernandez, examines exciting developments in Deep Learning and the impact of these technologies in the mobile sphere! In the last couple years, a revolution in Artificial Intelligence has captured the public imagination. Google and Facebook are designing systems that understand images well enough to describe them in words. Like all frightening technology revolutions, however, empowerment comes from understanding.


A Danish media agency that uses AI to make all its ad spend decisions is coming to the US to steal clients from the big holding companies

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A new type of media agency that uses predictive analytics and artificial intelligence to help clients decide where they should be spending their ad dollars launched in the US last week, with the aim of challenging the traditional agency business model in order to pick up big clients. Blackwood Seven was founded in Copenhagen in 2013 but has now entered the US market, thanks to the acquisition of performance marketing agency Two Nil, which has a roster of clients including Dollar Shave Club, Groupon, Wix, Zillow, Blue Apron, and The Honest Company. Speaking to Business Insider, Blackwood Seven's chief analytics officer Dr Michael Green explained that the company doesn't rely on "gut feeling" to make media decisions on behalf of its clients. Instead, Blackwood Seven is a software platform, which charges clients a software fee, rather than taking an agreed commission on total media spend like normal agencies. Nor does the company make bulk ad spend commitments to media owners or buy media slots in advance and sell them back to its clients.


The Promise Of A Cancer Drug Developed By Artificial Intelligence

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BPM 31510 is just another cancer drug in human development trials, except for one thing. Scientists didn't toil away in labs to come up with it; artificial intelligence did. The cancer drug development process is costly and time-consuming. On average, it takes 24 to 48 months and upwards of 100 million to find a suitable candidate. Add that to the fact that 95% of all potential drugs fail in clinical trials, and the inefficiencies of the whole drug-discovery machine really become apparent.


Mellanox Announces ConnectX-5, the Next Generation of 100G InfiniBand and Ethernet Smart Interconnect Adapter

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ConnectX-5 introduces smart offloading engines that enable the highest application performance while maximizing data center return on investment. Furthermore, ConnectX-5 is the first PCI Express 3.0 and 4.0 compatible adapter, enabling greater flexibility and future-proofing for the data center. With the exponential growth of data and the increase in businesses that takes advantage of real-time data processing for high performance computing (HPC), data analytics, machine learning, national security and'Internet of Things' applications, the market needs not only the fastest interconnect available, but also interconnect intelligence that can perform data algorithms as the data moves throughout the data center. The new intelligent ConnectX-5 100G adapter enables the most advanced real-time in-network computing engines to unleash business opportunities and new technological developments. "The new ConnectX-5 100G adapter further enables high performance, data analytics, deep learning, storage, Web 2.0 and more applications to perform data-related algorithms on the network to achieve the highest system performance and utilization," said Gilad Shainer, vice president, marketing at Mellanox Technologies.


Datorama's Rapid Growth Drives Expansion in Europe

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NEW YORK, NY--(Marketwired - Jun 15, 2016) - Datorama, a global leader in marketing analytics innovation, today announced the company has added an office in Europe. The latest addition to Datorama's global footprint is located in Hamburg, Germany and marks a critical milestone as the company expands into the German, Austrian and Swiss (DACH) region. Datorama's Hamburg office further strengthens a robust EMEA presence, which includes: Amsterdam, Barcelona, London and Paris. Designed for marketers, Datorama's Marketing Integration Engine helps leading enterprises, agencies and publishers centralize all of their marketing data across silos for cross-channel visualization, analysis and data-driven insight generation. By analyzing inputs from unlimited data sources, including online and offline marketing channels, and first- and third-party applications across CRM, billing, call centers, and more, the company's patent-pending artificial intelligence (AI)-based software delivers a single source of truth at the data layer to drive tactical and strategic marketing performance optimization.