An early Google employee tests different apps in his recently remodeled San Francisco home. The home's automation system can be accessed by smart phone; the front door has an automated video doorbell. Facebook founder and chief Mark Zuckerberg created the world's largest media owner, with 1.6 billion users, but it does not produce content. DIGITAL technology has quickly knocked some of the world's biggest businesses off their perches and will soon make more radical changes to our everyday lives. Tech experts have been surprised by the speed that consumers have flocked to global online platforms such as Uber and Airbnb, and believe it's only the beginning -- with artificial intelligence and internet-connected homes among the next big growth areas.
Ng announced Tuesday that he raised money from venture capital firms New Enterprise Associates, Sequoia Capital and Greylock Partners as well as SoftBank Group Corp. Under Ng, Baidu released a voice-based operating system that users can talk to - much like Amazon's Alexa voice assistant or Apple's Siri - and also started working on self-driving cars and face recognition technology to open things like transit turnstiles when users approach. I think it's a more systematic, repeatable process than most people think," said Ng, who also taught artificial intelligence courses at Stanford University. The first company to receive money from the fund will be Landing.ai,
Deep learning computer vision startup allegro.ai is set to showcase its latest product offering, hosted at the Intel partner booth (booth #307), during the Embedded Vision Summit which will take place in Santa Clara, California on May 20-May 23, 2019. The company's platform and product suite simplify the process of developing and managing deep learning-powered perception solutions - such as for autonomous vehicles, medical imaging, drones, security, logistics and other use cases. The platform enables engineering and product managers to get the visibility and control they need, while research scientists focus their time on research and creative output. The result is meaningfully higher quality products, faster time-to-market, increased returns to scale, and materially lower costs. The company's investors include Robert Bosch Venture Capital GmbH, Samsung Catalyst Fund, Hyundai Motor Company, and other venture funds.
In 2010, I attended the IEEE (Institute of Electrical and Electronics Engineers) CVPR (Computer Vision and Pattern Recognition) conference at the Hyatt in downtown San Francisco. I didn't expect the conference to be as large as it was, but it had more than 1,500 in attendance, to the best of my recollection. The conference reminded me of the size of the conferences held at the same hotel when the industry was arguing over different standards for Wi-Fi, with multi-billion dollar markets at stake. However, unlike the practical approach of implementing the maturing Wi-Fi technology, where presentations were mainly made by engineers working for companies competing over their ability to assert their intellectual rights into the standards, the CVPR presentations were mainly made by university researchers, and researchers from "deep-research" arms of some of the world's largest technology companies, who didn't expect the fruit of their research to reach maturity anytime soon. One of the presentations I sat through struck a chord with me.