Apple Reportedly Acquires AI-Based Facial Recognition Startup RealFace

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In a bid to boost its prospects in the world of artificial intelligence (AI), Apple has acquired Israel-based startup RealFace that develops deep learning-based face authentication technology, media reported on Monday. Reported by Calcalist, the acquisition is to be worth roughly $2 million (roughly Rs. 13.39 crores). A Times of Israel report cites Startup Nation Central to note RealFace had raised $1 million in funding thus far, employed about 10 people, and had sales operations China, Europe, Israel, and the US. Set up in 2014 by Adi Eckhouse Barzilai and Aviv Mader, RealFace has developed a facial recognition software that offers users a smart biometric login, aiming to make passwords redundant when accessing mobile devices or PCs. The firm's first app - Pickeez - selects the best photos from the user's album.


Reports on the AAAI Fall Symposia

AI Magazine

The Association for the Advancement of Artificial Intelligence (AAAI) held its 1998 Fall Symposium Series on 23 to 25 October at the Omni Rosen Hotel in Orlando, Florida. This article contains summaries of seven of the symposia that were conducted: (1) Cognitive Robotics; (2) Distributed, Continual Planning; (3) Emotional and Intelligent: The Tangled Knot of Cognition; (4) Integrated Planning for Autonomous Agent Architectures; (5) Planning with Partially Observable Markov Decision Processes; (6) Reasoning with Visual and Diagrammatic Representations; and (7) Robotics and Biology: Developing Connections.


[session] How Is Deep Learning Used in Trading By @qplum_team @CloudExpo #AI #DL #BigData

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Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development at qplum, will discuss the transformational impact of Artificial Intelligence and Deep Learning in making trading a scientific process. This focus on learning a hierarchical set of concepts is truly making investing a scientific process, a utility.


When Big Data Isn't Enough

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The big data paradigm has changed how we make decisions. Armed with sophisticated machine learning and deep learning algorithms that can identify correlations hidden within huge data sets, big data has given us a powerful new tool to predict the future with uncanny accuracy and disrupt entire industries. What if some decisions can't be based just on data? That may sound like a heresy to people who have devoted themselves to the religion of data, to the business leaders who have declared their allegiance to making data-driven decisions. Sure, there may be obstacles to overcome, such as data cleanliness, governance, and security concerns.


Dr. Eng Lim Goh on New Trends in Big Data and Deep Learning for Artificial Intelligence - insideBIGDATA

@machinelearnbot

"Recently acquired by Hewlett Packard Enterprise, SGI is a trusted leader in technical computing with a focus on helping customers solve their most demanding business and technology challenges." Dr. Eng Lim Goh joined SGI in 1989, becoming a chief engineer in 1998 and then chief technology officer in 2000. He oversees technical computing programs with the goal to develop the next generation computer architecture for the new many-core era. His current research interest is in the progression from data intensive computing to analytics, machine learning, artificial specific to general intelligence and autonomous systems. Since joining SGI, he has continued his studies in human perception for user interfaces and virtual and augmented reality.