In 2008, Max Yankelevich was in India, visiting the cubicle farms where big banks and insurance companies outsource business processes -- the invoices, memos, and other papers pushed to keep organizations humming. The employees were smart, says Yankelevich, who was running a cloud computing startup at the time. There was good money in doing this sort of back office work -- but it was mind numbing. Companies were trying to figure out the back office work with "the brute force of human power," says Yankelevich, who studied artificial intelligence while getting his MIT computer science degree in the 1990s. "I started thinking ... there's gotta be a way where artificial intelligence can be used generically enough to learn some of these things that these people are doing," he says.

In 2008, Max Yankelevich was in India, visiting the cubicle farms where big banks and insurance companies outsource business processes -- the invoices, memos, and other papers pushed to keep organizations humming. The employees were smart, says Yankelevich, who was running a cloud computing startup at the time. There was good money in doing this sort of back office work -- but it was mind numbing. Companies were trying to figure out the back office work with "the brute force of human power," says Yankelevich, who studied artificial intelligence while getting his MIT computer science degree in the 1990s. "I started thinking ... there's gotta be a way where artificial intelligence can be used generically enough to learn some of these things that these people are doing," he says.

U.S. bank regulators struck a major blow against some of the largest banks in the country Wednesday, rejecting the so-called living wills of JPMorgan Chase & Co., Bank of America, Wells Fargo, State Street and Bank of New York Mellon. The banks' resolution plans, which outline how systemically important financial institutions would navigate a bankruptcy without splintering the financial system or costing taxpayers, have become a central focus of bank reformers since the 2010 Dodd-Frank Act authorized regulators to judge the submissions. The failing grades at five of the nation's eight largest banks reveal newfound consensus between the two regulators responsible for the assessments, the Federal Reserve and the Federal Deposit Insurance Commission, which had diverged in previous rounds of analysis. The stricter judgments released Wednesday are likely to add momentum to advocates of big-bank breakups, such as presidential hopeful Sen. Bernie Sanders of Vermont and Sen. Elizabeth Warren, D-Mass. "No firm yet shows itself capable of being resolved in an orderly fashion through bankruptcy," said FDIC Vice Chairman Thomas Hoenig in a statement.

An iPhone is connected to a 2016 Chevrolet Malibu equipped with Apple CarPlay apps, displayed on the car's MyLink screen. With 220 million Internet connected cars expected to be on the roads within five years, a national security expert on Tuesday, April 12, 2016, urged automakers to be mindful of the growing cyber-security threats posed by terrorists, information crooks and spies who could potentially try to hack into wired vehicles. DETROIT -- In its quest to build connected and self-driving cars, the automotive industry is facing a daunting task that national security experts say is a must: Design a car that's terrorist-proof -- or at least try. With 220 million Internet connected cars expected to be on the roads within five years, a national security expert visited Detroit on Tuesday and urged automakers to be mindful of the growing cyber-security threats posed by terrorists, information crooks and spies who could potentially try to hack into wired vehicles and cause mayhem of all sorts. " 'What are the bad buys thinking?' We've seen them be creative before," said John Carlin, assistant attorney general for national security, who met with auto executives and law enforcement personnel at Cobo Center at a presentation titled, "Emerging National Security Cyber Threats and Their Implications for the C-Suite."

Cylance, the company that is revolutionizing cybersecurity through the use of artificial intelligence to proactively prevent advanced persistent threats and malware, announced that its Founder, President and CEO Stuart McClure will be a speaker at the 2016 Edison Awards on April 21, 2016, in New York, NY at the New York Academy of Sciences. McClure will deliver remarks on how truly innovative technology often arises from--and may even require--a process of invention involving a high degree of risk and no guarantees of success. The company's groundbreaking artificial intelligence and machine learning based endpoint security product, CylancePROTECT, was chosen as a finalist for a 2016 Edison Award in the Security Solutions Category. The distinguished awards, inspired by Thomas Edison's persistence and inventiveness, recognize innovation, creativity and ingenuity in the global economy. "I'm honored to speak at an event named for one of the greatest inventors of all time," McClure said.

A Swiss data analytics and cybersecurity company is beefing up its Boston-area presence after grabbing 40 million in venture capital, led by Highland Europe. Nexthink established a U.S. presence three weeks ago with the opening of a sales office in Cambridge, MA. The company employs about 10 people there to start, but it plans to grow to 120 local employees over the next 18 months, a spokeswoman says. Nexthink helps IT departments analyze and monitor their businesses' applications, devices, and other network activity in real time. The goal is to sniff out cyber attacks and minimize software disruptions for end users.

One of the arguments for self-driving cars is that they will be safer than human-driven vehicles.Human error is the cause of 94% of car crashes, according to the National Highway Traffic Safety Administration. Those errors include drunk driving, speeding, distraction, and fatigue. But a new report finds that self-driving cars can't be tested enough hours to determine their safety. The report from research firm RAND Corporationsays autonomous vehicles would need to be tested "hundreds of millions of miles and sometimes hundreds of billions of miles" to gain enough information to compare its safety to human-driven automobiles. Such thorough testing would require "tens and sometimes hundreds of years," which would make it impractical to accomplish before clearing the vehicles for regular consumer use, the report said.

Facebook CEO Mark Zuckerberg attacked Republican presidential candidate Donald Trump's extreme stance on refugees and immigrants during a speech on Tuesday, criticizing "fearful voices for building walls and distancing people they view as others." The founder of the social network spoke about Facebook's goal of sharing ideas during his company's annual F8 developer conference in San Francisco, when he said "instead of building walls, we can help build bridges," by welcoming refugees and immigrants. "It takes courage to choose hope over fear," he said. "Whether we are welcoming a refugee fleeing war or an immigrant seeking opportunity." Facebook launched the FWD.us immigration reform lobbying group in 2013, which advocates for legislation that supports a more open worker visa process.

This week, in Geneva, Indian diplomats are closely monitoring an international expert review of the legal implications of the so-called "lethal autonomous weapons". These weapons will have the capability of selecting and engaging targets on their own. Although fully autonomous weapons are yet to register significant presence in the arsenal of any nation, many consider their development and deployment inevitable in the coming years. Rapid advances in robotics, machine-learning and big-data analytics are at once driving the so-called "fourth industrial revolution" and the transformation of modern warfare. How the leading powers mobilise and deploy these technologies will shape the balance of economic and military power among them in the coming decades.

Nvidia became famous for its graphics processing unit chips that power some of the hottest gaming personal computers. Today, Chief Executive Jen-Hsun Huang signaled that he's aiming even higher in a bid to reinvent the data center and cloud computing. The company announced a new chip and a new computers both focused on artificial intelligence, in particular the fast-rising branch called deep learning that attempts to mimic the activity on layers of neurons in the brain. The technology is the basis for recent breakthroughs in speech and image recognition, self-driving cars and other technology-driven products and services. "Our company has gone all-in on deep learning," Huang said at the Apr. 5 opening of its annual GPU Technology Conference in San Jose, where he made the announcements.