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Ratan Tata and Ronnie Screwala invest in AI-powered chat app Niki.ai

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Tata Sons chairman emeritus Ratan Tata and Unilazer Ventures founder Ronnie Screwvala has invested an undisclosed amount in artificial intelligence-powered chat app Niki.ai. The company said it would use the funds to strengthen its technology and increase the base of partner businesses. Sachin Jaiswal, chief executive officer of Niki.ai, said, "It's a proud moment for the company to have an investment from Tata and for Unilazer to do a follow-on round. With the continued support from our investors, we now want to expand aggressively across categories." Niki uses the method of natural language processing, which enables machines to understand human language inputs, and machine learning, wherein the machine self-learns with increasing data to converse with the customers over a chat interface and helps them to place various orders.


Smarter optimizations to support a healthier programmatic market

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Our goal has always been to help publishers and advertisers thrive and create sustainable businesses. For many years Google has used optimization and machine learning techniques to improve the performance of our ads products, and now we're happy to share that we've been extending those techniques to DoubleClick Ad Exchange customers. Today we are introducing Optimized Private Auctions and optimized pricing in the Open Auction to help our publisher partners grow their revenue and give programmatic buyers greater access to premium inventory. Private Auctions were developed to help publishers negotiate higher prices by creating special segments of inventory for preferred buyers. As deal volume has grown, we discovered an additional opportunity for publishers to make even more money with Private Auctions.


Apply to VT #91 MARCH OF BOTS

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THE REWARD - Invitation to join other winning startups in the Webhelp "Customer Experience" Lab at Viva technology Paris 2016 (June 30 to July 2016) - Opportunity to work with Webhelp's Global R&THE REWARD - Invitation to join other winning startups in the Webhelp "Customer Experience" Lab at Viva technology Paris 2016 (June 30 to July 2016) - Opportunity to work with Webhelp's Global R&D Team in our development Lab to further develop and test your product - Invitation to an exclusive event with Webhelp's Founders, Olivier Duha and Frederic Jousset and representatives from our major investors KKR to discuss their startup experiences and advice - Opportunity to make joint proposals for your product alongside Webhelp to organisations selected from our client-base of over 300 leading business THE CHALLENGE It is clear that A.I., Digital Assistants, Virtual Agents, Messaging Bots etc are going to transform how customers and organisations interact with each other. How can organisations adopt these technologies cost-effectively to provide outstanding customer experiences and increase customer value? Dave Pattman, Director Global R&D at Webhelp says "Automation and Robotics are already starting to manage interactions between customers and organisations. Understanding how and when to blend machine and human agents to optimise experience and value will become increasingly important" Webhelp is interested in hearing from startups working in fields such as artificial intelligence, biometrics, machine learning and messaging Bots If you think your startup meets these criteria, apply now to be selected in the Webhelp lab! Being in the "Customer experience" lab means: - Being at the heart of Viva Technology Paris with a dedicated 4mยฒ stand in "Customer experience" lab of Webhelp - Engaging partnerships opportunity reviews, increasing potential business or even considering all kinds of commercial and financial opportunities thanks to becoming close to the right people at the right place - Meeting the most influential investors and thinkers About Webhelp. Webhelp is a Global Customer Experience provider.


The Future of Robotics and Artificial Intelligence (Andrew Ng, Stanford University, STAN 2011)

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Andrew Ng (Stanford University) is building robots to improve the lives of millions. From autonomous helicopters to robotic perception, Ng's research in machine learning and artificial intelligence could result one day in a robot that can clean your house. STAN: Society, Technology, Art and Nature, was Stanford University's prototype conferecne for TEDxStanford, and showcased some of the university's top faculty, students, alumni and performers in an intense four-hour event laced with surprising appearances and memorable experiences. STAN, modeled after TED, explored big questions about society, technology, art and nature in a format that invites feedback and engagement.


Artificial Intelligence News & Update: Companies To Use AI To Make Hiring Less Biased

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HANNOVER, GERMANY - MARCH 02: Robots play football in a demonstration of artificial intelligence at the stand of the German Research Center for Artificial Intelligence (Deutsches Forschungszentrum fuer Kuenstliche Intelligenz GmbH) at the CeBIT Technology Fair on March 2, 2010 in Hannover, Germany. More and more companies are turning to artificial intelligence or AI to give better service to their customers. But, is AI also efficient in making hiring less biased? There is no doubt that looking for the most competitive, talented, skilled candidate from a pool of applicants is difficult. You have to consider their personal traits, educational background, experience and more.


AI Startup Cogitai inc. Looking to Hire (Orange County, CA)

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Cogitai, Inc., a new AI-based startup focusing on continual learning, is seeking highly skilled and motivated individuals for immediate hire. About Cogitai Cogitai, Inc. is dedicated to building artificial intelligences (AIs) that learn continually from interactive experience with the real world. Our goal is to build the brains, i.e., the continual-learning AI software, that will let everyday things that sense and act get smarter, more skilled, and more knowledgeable over time with experience. This experience will be shared across things and across domains to allow the rapid scaling-up of experience-based learning. In short, we aim to become the world leader in continual learning.


Ratan Tata makes his 1st investment in artificial intelligence - backs Niki.ai

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Niki.ai, an artificial intelligence (AI) based chatbot, announced on Thursday that Ratan Tata, Chairman Emeritus of Tata Sons, had invested in the startup along with Ronnie Screwvala's Unilazer, which did a follow up round to their first seed investment. Niki will utilise the funds raised to increase its merchant base and also to strengthen its technological capabilities. The startup leverages natural language processing (NLP) and machine learning to converse with customers over a simple chat interface, and places orders on their behalf in seconds with partner businesses. The founding team initially spent a couple of months in Udaipur before moving to Bengaluru in July 2015. The product had initially been in beta for seven months, and the team has focussed on building and enhancing the product, while working closely with a limited set of beta users.


IoT with Machine Learning

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Machine learning is a subfield of computer science that evolved from the study of pattern recognition and computational learning theory in artificial intelligence. Machine learning is very useful in IoT since it can be used to learn hidden relationships in the Big Data which flows in the system and used to make real-time complex classifications for taking actions based on them. There are many machine learning packages such as Apache Spark, Mahout, and Weka, each with its advantages and disadvantages. This blog shows how to use the easy-to-use powerful Java Statistical Analysis Tool library (JSAT) for a courier parcel pick up website app integrated with RAPIFIRE. The example illustrates how a user can get the estimated waiting time of a courier parcel pick up based on the GPS position of trucks. The machine learning component is used to get the waiting time classification ( 15min, 15min-30min, 30min) based on the input of the truck's sensor data of distance and average speed.


UW to host first of four White House public workshops on artificial intelligence

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From self-driving vehicles to social robots, artificial intelligence is evolving at a rapid pace, creating vast opportunities as well as complex challenges. Recognizing that, the White House Office of Science and Technology Policy is co-hosting four public workshops on artificial intelligence -- the first of them May 24 at the University of Washington. Subsequent events will take place in Washington, D.C.; in Pittsburgh, Pennsylvania; and in New York City. Put on by the UW School of Law and the UW Tech Policy Lab, the session will focus on legal and policy issues around artificial intelligence, or AI. Etzioni will provide an overview on the current state of artificial intelligence, followed by two panel discussions.


Google Thinks You're Ready to Converse with Computers

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Google has done well out of its search box. As our collective dependence on computers and the Internet has grown, we have come to use it more and more--helping Google swell to its gigantic size. But on Wednesday Google's CEO, Sundar Pichai, said it was time to move on from the conventional search engine that his company was built on. He unveiled Google Assistant, an evolution of Google search designed to act like a virtual concierge. If you search Google for "movies tonight" on your phone today, it will display the films in local theaters.