This week on TechRepublic's Business Technology Weekly podcast, hosts Dan Patterson and Bill Detwiler discuss how swarm AI won the Kentucky derby, and the real world, practical impact of artificial intelligence. Headlines: Swarm AI predicts the 2016 Kentucky Derby Hope Reese Big news in the AI world this week! HOME NEWS Baidu to Shift to AI After Government Probe Baidu is planning to switch toward developing artificial intelligence after a government probe that affected its core business. BERLIN, GERMANY - SEPTEMBER 04: Visitors look at smartphones at the Lenovo stand at the 2015 IFA consumer electronics and appliances trade fair on September 4, 2015 in Berlin, Germany. The PC maker posted its first loss in six years in 2015.

Global services juggernaut Accenture is partnering with IT and business process automation specialist IPsoft to build a new Accenture practice dedicated to bringing the power of artificial intelligence (AI) to global enterprises. Earlier this week, the partners announced the creation of an Accenture Amelia practice built around IPsoft's Amelia cognitive agent, an AI that emulates human intelligence and can communicate with natural language. IPsoft has positioned Amelia as "your first digital employee" -- one that can take on a wide range of service desk roles. "This cutting-edge new practice is going to give our clients more artificial intelligence firepower by accelerating their ability to apply AI to significantly improve their operations and create new growth opportunities for their business," says Paul Daugherty, CTO, Accenture. "One of the ways Accenture is going to do this is by using IPsoft's Amelia Platform to develop artificial intelligence strategies, solutions and consulting services for our clients in the banking, insurance and travel industries."

Horse betting is harder than it looks. At the 142nd Kentucky Derby last week, only one of five experts from Churchill Downs Racetrack correctly predicted the winner. None of them correctly predicted the top four horses. Known as a superfecta, this latter bet came with 540 to 1 odds, meaning 100 down would return 540,000. And although the experts failed to predict the finishing order, an anonymous group of internet users did.

Management consulting company Accenture has teamed up with IT automater IPsoft to launch an artificially intelligent agent called Amelia, who has been designed to encourage companies to embrace machine learning. Similar to Apple's Siri, Amelia will tackle client queries in "conversational" language, answering questions and managing processes. For example, she is able to help customers open bank accounts, or check out insurance policies. She will also be on hand to help employees within businesses, providing internal services like HR and guiding staff on company policies. As well as boasting natural language capabilities, Amelia has an element of machine learning - meaning she can be taught how to carry out various functions, like answering calls, via a simple uploading process.

Accenture has announced what looks like a major step forward in the use of artificial intelligence (AI) within IT and business process operations by forming a new practice with IPSoft. Accenture will set up an Accenture Amelia practice to'develop go-to-market strategies, solutions and consulting service offerings around deployments of virtual agent technology'. The aim is to focus initially on clients in the banking, insurance and travel sectors. Last November, Accenture also announced an investment in AI at its Centre for Innovation in Dublin to help clients to'accelerate the integration of intelligence and automation to transform their businesses'. IPSoft is one of a group of technology providers emerging in the AI/cognitive learning space, which we discuss in our reports into Intelligent Automation (see Business Process Automation – what is Intelligent Automation? and work back).

Move over, Siri and Tay, and make room for a new female virtual agent set to invade the enterprise: Amelia. Things are happening fast in the new world of artificial intelligence (AI) development, and a new industry partnership just announced today aims to help enterprises adopt the complicated and potentially game-changing technology with Amelia. Accenture, a professional services consultancy, is teaming up with IPsoft, an autonomic and cognitive computing specialist that invented Amelia, "to accelerate client adoption of artificial intelligence to improve business outcomes and create new growth opportunities for their businesses." The importance of AI in the enterprise -- along with ancillary technologies like machine learning (ML) and cognitive computing -- was highlighted recently by no less than Microsoft CEO Satya Nadella and Facebook CEO Mark Zuckerberg in keynote addresses at their respective developer conferences. Their companies are helping to spearhead AI programming, with early efforts centered around bots, or chatbots, or virtual agents.

Accenture has chosen an artificial intelligence-powered virtual agent called Amelia, to push cognitive machine learning towards businesses like banks and insurance companies. Amelia, developed by IT automation provider IPsoft, is a self-learning cognitive agent you can actually talk with in natural language. In other words, she can hold a back and forth conversation and, as well as answering questions, she can manage processes for you. For instance, in banking, she could open up an account for you. Edwin van Bommel, chief cognitive officer at IPsoft told IBTimes UK: "Amelia will answer your questions in natural language. It will all be very conversational, as opposed to AI-based services like Siri where each utterance is recognised as a new separate question."

The researchers recently presented their work at the international Autonomous Agents and Multiagent Systems conference. As robots become more pervasive in society, humans will want them to do chores like cleaning house or cooking. But to get a robot started on a task, people who aren't computer programmers will have to give it instructions. "We want everyone to be able to program, but that's probably not going to happen," said Matthew Taylor, Allred Distinguished Professor in the WSU School of Electrical Engineering and Computer Science. "So we needed to provide a way for everyone to train robots -- without programming."

Accenture has chosen an artificial intelligence-powered virtual agent called Amelia, to push cognitive machine learning towards businesses like banks and insurance companies. Amelia, developed by IT automation provider IPsoft, is a self-learning cognitive agent you can actually talk with in natural language. In other words, she can hold a back and forth conversation and, as well as answering questions, she can manage processes for you. For instance, in banking, she could open up an account for you. Edwin van Bommel, chief cognitive officer at IPsoft told IBTimes UK: "Amelia will answer your questions in natural language. It will all be very conversational, as opposed to AI-based services like Siri where each utterance is recognised as a new separate question."

Accenture have announced a partnership with IPsoft, the creators of the cognitive agent Amelia. The two firms will collaborate to create the first Accenture Amelia practice, designed to accelerate client adoption of artificial intelligence to improve business outcomes and create new growth opportunities for their businesses. Accenture will utilize IPsoft's Amelia platform to develop go-to-market strategies, solutions and consulting service offerings around deployments of virtual agent technology for clients across several industries with initial focus on banking, insurance and travel. "Artificial intelligence is maturing rapidly and offers great potential to reshape the way that organizations conduct business and interact with their customers and employees. At the same time, executives are overwhelmed by the plethora of technologies and many products that are advertising AI or Cognitive capabilities," said Paul Daugherty, Accenture's chief technology officer.