In the coming age of IoT, organizations that master machine learning to derive insights from the coming crush of data--a predicted 44 zettabytes by 2020--will reap massive rewards in the marketplace. Rather than subjugating human beings, AI will free people (and the businesses that employ them) to focus on even more creative endeavors such as ideation, innovation and finding new ways to deliver value to customers. Jive is at the center of these changes. Fueled by machine learning, Interactive Intranets will improve communication and collaboration across silos of corporate memory by short-cutting the steps companies need to go through to find information.

The Monetary Authority of Singapore (MAS) ordered BSI Bank Singapore to shut down recently on 24 May 2016. This serious action is due to their compliance oversight in money laundering which resulted in a criminal case. This is also a stark reminder of the compliance challenges that financial institutions are facing today. They had attracted millions of dollars of regulatory fines in the aftermath of the 2008 Global Financial Crisis. A distinguished law firm, Baker and McKenzie, commissioned a survey of 424 senior executives from financial institutions.

Andy Rubin, the Google veteran who built Android into the world's largest mobile operating system, is convinced that artificial intelligence is the next big thing. Rubin is the founder of Playground Global, a hardware and software incubator and venture capital firm overseeing at least 300 million. A veteran of past technology transitions, Rubin is now thinking about what could be the next big change to ripple through the industry. "New computing platforms happen every 10 to 12 years," he said at the Bloomberg Technology Conference, citing MS-DOS, Windows PCs and mobile as examples. "What's the next platform?... It's about data and people training AI systems to learn."

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.

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 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.

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.

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.

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 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.