Panasonic may buy artificial intelligence companies for mobile technology - Artificial Intelligence Online

The handset vendor has already set aside an initial corpus of 10 million for the development of this technologyRisk-prediction tool for diabetes patients. Read more ... » through a merger and acquisition or a jointToyota Goes To Silicon Valley, Enters Artificial Intelligence & Robotics Industry. "The budget is in tune of 10 million to start with, and as we see progress on this front and things go in right direction, then there will be no constraint on the budget part. We can spend as high as possible. Some part of this budget has been generated from the India business, while some portion has been allocated from Japan," Pankaj Rana, head of mobility division, India, South Asia, Middle East and Africa at Panasonic, told ET. "Our team would be traveling to Silicon Valley soon. We will have new products ready with AI in 9-12 months. In the last three months, we have finalized whatSingapore-based adtech startup wants to revolutionize multiscreen conversations. Read more ... » we will do and budgets have been allocated from Panasonic Japan and Panasonic India. Now we have to find a partner and start working on timeline, while understandingHow machine learning will take off in the cloud. Read more ... » the market," he said.