The artificial intelligence market is expected to grow to USD $16.06 Billion by 2022. The McKinsey Global Institute says, "Recent advances in machine learning can be used to solve a tremendous variety of problems--and deep learning is pushing the boundaries even further." One such company set to take advantage of this emerging market is ASX-listed BrainChip Holdings (ASX:BRN) which is headquartered in Aliso Viejo, California. They have developed a Spiking Neuron Adaptive Processor (SNAP) that essentially mimics the human brain: autonomous and unsupervised learning, evolves and associates information. According to CEO Louis DiNardo, SNAP has many applications, which includes surveillance, casino operations, and even investing.

Activity on the tech labs front is happening faster than we can get to it these days, so here are a few "in case you missed it" items... The state of Ohio, JobsOhio and the Ohio State University are putting $45 million into an expansion of the Transportation Research Center's (TRC) 540-acre Smart Mobility Advanced Research and Test (SMART) Center in the Columbus area. Research will focus both on connected and driverless vehicles within this section of the 4,500-acre TRC expanse. This first phase of SMART expansion will include the industry's largest high-speed intersection, an urban network of intersections (i.e., roundabouts, or what we in the Northeast call rotaries), a rural network that includes wooded roads and a neighborhood network for slower speeds. TRC provides the largest independent vehicle testing facility in North America, according to TRC CEO Mark-Tami Hotta.

The huge changes happening in the IT industry significantly affect the mega software trends that data centers currently integrate. For instance, companies manage unyielding business demands, immeasurable infrastructure, and major change in terms of system control. But with the availability of advanced software products, IT professionals are sure to cope with these changes. Natural-language processing, neural networks and deep learning are technologies related to AI and advanced machine learning. However, it also covers more complex systems that can predict, adapt, learn, understand, and operate separately.

Artificial intelligence is a young field full of nearly unlimited potential that remains largely misunderstood by most people. We've come a long way since Watson won Jeopardy in 2011 and IBM formed the business unit with over $1 billion in investments. AI is no longer a one-trick pony. AI technology from IBM Watson and multiple companies such as WayBlazer and SparkCognition has moved firmly into the real world. We have no doubt come a good distance on what is indeed a very long road.

Nvidia CEO Jen-Hsun Huang introducing the Nvidia Spot, a USD 49.95 microphone and speaker that will let owners use Google Assistant anywhere in a home, at the company's CES 2017 keynote (Photo by Ethan Miller/Getty Images) Nvidia continued to see demand for its graphics processors in the emerging world of artificial intelligence in its fourth quarter earnings reported Thursday. In its fourth quarter earnings release, the Santa Clara, Calif.-based company reported revenue of $2.17 billion, up 55% year over year, on earnings per share of $1.13, up 117% a year ago. Wall Street analysts estimated $2.11 billion in revenue on EPS of 83 cents. Traditionally, the company's processors have been mostly used to power the latest gaming graphics, but the chips have become popular to run AI software in the data center and autonomous vehicles. A specific branch of AI, called deep learning, is where Nvidia's processors particularly shine.

A similar rule regulates traffic flow in both the internet and the human brain, a new study has found. Researcher have discovered that our brain has a neuronal equivalent of a flow-control algorithm that checks the internet for congestion. The team believes these findings could improve the understanding of engineered and neural networks and could lead to treatments for learning disabilities. Researcher have discovered that our brain has a neuronal equivalent of a flow-control algorithm that checks the internet for congestion. The algorithm AIMD, sends a packet of data through different routes and then'listen' for confirmation from the receiver An algorithm called'additive increase, multiplicative decrease' (AIMD) checks how congested the internet is.

Do you have a racial bias? Is your moral compass intact? To find out what you think or feel, we usually have to take your word for it. But questionnaires and other explicit measures to reveal what's on your mind are imperfect: you may choose to hide your true beliefs or you may not even be aware of them. But now there is a technology that enables us to'read the mind' with growing accuracy: functional magnetic resonance imaging (fMRI). Mind-reading algorithms that use machine learning to reconstruct brain activity could reveal our innermost thoughts and could turns our society into a'Big Brother' world Experts from the University of Cambridge explore the uses of mind-reading algorithms and find the technology will be successful as a lie detector - which is already being tested.

In this article, we discuss a general framework to drastically reduce the influence of outliers in most contexts. It applies to problems such as clustering (finding centroids,) regression, measuring correlation or R-Squared, and many more. We will focus on the centroid problem here, as it is very similar and generalizes easily to solving a linear regression. The correlation / R-Squared issue was discussed in an earlier article and involves only a change of formula. Clustering and regression are more complex problems involving iterative algorithms.

Neural networks are machines and algorithms developed to behave like the human brain--but a development from Google Translate shows that (once again) AI can outperform humans in a big way. Google's AI can now translate language pairs it has not been trained for. To be clear, this means that it can translate between languages that it wasn't taught to translate. This works if the AI first translates both of the languages into a common language that it knows. The development is detailed in a paper published on Cornell University's arXiv.

Nvidia posted its fourth quarter results on Thursday, once again surpassing market expectations. However, its outlook for the current quarter is only slightly above market market consensus. Shares fell in after-hours trading. Non-GAAP earnings for the quarter were $1.13, up 117 percent from a year earlier. Revenue came to $2.17 billion, up 55 percent year-over-year.