Artificial Intelligence company, TAIGER, announces today the opening of two new offices in Dubai and Hong Kong. Following successes in Singapore, this move is a strategic step to offer organizations information processing and knowledge representation AI to improve and optimize whole of organization work processes globally. TAIGER's AI solutions applies advanced semantic and human-reasoning, along with machine learning and natural language processing to deliver an unrivalled accuracy of 90% and above in 3 key enterprise work processes – information extraction, virtual assistance and enterprise search. These cities were chosen after successful operations in finance, government, legal, hospitality and healthcare industries and expansion with a specialized team in consultative sales and technical support will allow for higher focus and closer relationships with existing and potential clients and partners. Positioned as one of the fastest growing start-ups in Singapore, this expansion follows TAIGER's largest funding round with a Series B totaling USD 25 Million.
BEIJING - Huawei Technologies Ltd. showed off a new processor chip for data centers and cloud computing Monday, expanding into new and growing markets despite Western warnings the company might be a security risk. Huawei and other Chinese technology companies that rely on Western technology are stepping up efforts to develop their own. The company based in southern China's Shenzhen has pushed ahead with commercial initiatives despite the Dec. 1 arrest of its chief financial officer, Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, in Canada on U.S. charges related to possible violations of trade sanctions on Iran. Huawei said the Kunpeng 920 chip is designed for servers that handle a flood of data from smartphones, video and other network services -- a fast growing sector with the development of artificial intelligence and the "internet of things." The company said it is part of a planned product lineup to support "intelligent computing."
Despite a lot of opportunities that various industries have for data science positions, talent recruitment has become one of the most daunting tasks to recruit the right talent. For instance, hiring for data science roles cannot be done without understanding the skills, tools and technical knowledge that they actually pose. Some of the basic requirements by data scientists are a thorough understanding of tools such as Excel, Tableau, Python, Java or Scala, Big Data knowledge from platforms like Hadoop or Spark. It also requires the candidate to be able to take responsibilities such as data acquisition, collection, data cleaning, and more. Not just the theoretical but practical understanding of the tools and to be able to build solutions and real use cases matter the most.
Goals101 raises $3.5 million from Nexus Goals101, a fintech and big data analytics startup, said it had received a Pre-Series A funding of $3.5 million from Nexus Venture Partners. "Post the round, which was a couple of months ago, the company has expanded heavily on its technology and data science capabilities and has also expanded to other potent geographies namely Malaysia, UAE, Qatar, South Africa and Kenya," said Visham Sikand, co-founder of Goals101. "We believe that Goals101 is a technology disrupter redefining next-generation intelligent banking powered by transaction behaviour, location and social intelligence," said Sameer Brij Verma, managing director at Nexus Venture Partners. Indian fintech sector was approximately $33 billion in 2016 and is slated to reach $73 billion in 2020, according to Goals101.
YINCHUAN - Cities are like Tolstoy's families: each messed up in its own way. The new challenges urban conglomerates have to face and how to better address them were the main topics of discussion at the Smart City in Focus conference which took place in Yinchuan (China) a couple of weeks ago. If for Atlanta, Georgia, transportation and public safety are the top priorities to address, in the struggling desert utopia of Masdar City, the focus is on renewable energy and smart buildings. Some administrations are counting on apps and sensors to better serve citizens, while others are trying to engage the population through loyalty cards similar to those issued by or . If you live in Tel Aviv, Israel, for instance, you can request Digitel, a resident's card which will give you access to a number of online services, from managing your bills to get notifications about what's taking place in the city.