If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Over the past several years, artificial intelligence (AI) has quietly become part of our daily lives. The smart replies generated by your email or smartphone, the tagging of photos on social media, product recommendations on e-commerce sites, the directions provided by mapping apps, and the music and video recommendations on streaming services all use the predictive power of AI. Graphics processing units (GPUs) from NVIDIA (NASDAQ:NVDA) were the early beneficiary of the trend, resulting in staggering growth since the dawn of AI. The massive parallel processing capability of GPUs to render images also turned out the be the best available solution for AI systems. The company's rivals have been scrambling to build a better mousetrap in an effort to seize control of the lucrative AI chipset market.
It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators - to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.
Beyond trendy names like Tesla and Alphabet chasing self-driving cars, a host of auto brands and other tech heavyweights are also investing in autonomous R&D. Private companies working in auto tech are attracting record levels of deals and funding, with autonomous driving startups leading the charge. Along with early-stage startups, VCs, and other investors, large corporations are also angling to get a slice of the self-driving pie. From autonomy to telematics to ride sharing, the auto industry has never been at more risk. Get the free 67-page report PDF. Using CB Insights' investment, acquisition, and partnership data, we identified over 40 companies developing road-going self-driving vehicles. They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. This list is organized alphabetically and focuses on larger corporate players in the space (as opposed to earlier-stage startups). Companies working on industrial autonomous vehicles were not included in this analysis. A few of the companies or brands listed below belong to the same parent organization but are detailed separately if they are operating distinct autonomous development programs. Some companies are grouped together by key partnerships or alliances. Given the complex web of relationships between these players, other collaborations are also noted in each profile. This is not intended to be an exhaustive list of corporations working on autonomous vehicle technology. This brief was originally published on 9/25/2015 and featured 25 select corporations. It was updated and expanded on 5/17/2017, 9/4/2018, and 8/28/2019. Over the last decade, Amazon has spent billions of dollars working on finding ever-better solutions to the last-mile problem in delivery. It's built its own fleet of cargo jets, explored delivery by drone in the form of "Prime Air," and more. More recently, an increasing percentage of that investment has been directed toward autonomous vehicle technology. In February 2019, Amazon invested in Aurora Innovation, an autonomous tech startup run by former executives from two other firms with strong ties to self-driving technology: Google and Tesla. "Autonomous technology has the potential to help make the jobs of our employees and partners safer and more productive, whether it's in a fulfillment center or on the road, and we're excited about the possibilities." The Aurora investment isn't the only autonomous technology play that Amazon is pursuing. In January 2019, the company introduced the Amazon Scout, a six-wheeled electric-powered delivery robot.
Farmers may soon have an alternative to spraying their fields with chemicals, as Small Robot Company and RootWave, two UK-based agritech startups, today announced a partnership to develop a high-precision robot that can kill weeds with a zap of electricity. Small Robot has already developed a series of small, agricultural robots, called Tom, Dick and Harry, which can automate some of the routine tasks of farming. Tom, a scouting robot similar to the Mars Rover, for example, uses computer vision to map the weeds in a field, covering about 20 hectares a day. Dick, a weeding robot, can already remove unwanted plants with either a micro-dose of pesticide or by physically crushing them, but the next stage will be to combine this with technology from RootWave, which destroys weeds by with an electric current, essentially boiling them from the inside out. "Farmers are really desperate for an alternative to the chemical control of weeds," says Sam Watson Jones, the chief executive of Small Robot Company.
Video content will become richer and more data-intensive as it evolves from HD to 4K to 360 and even 8K. Companies are moving these visual workloads to the cloud and edge in order to keep up with capacity, growth and service demands. With the emergence of edge computing and cloudified, 5G networks, organizations have an opportunity to deliver insights through artificial intelligence (AI) that complement new user experiences and are adaptable to the complexities of delivering video content to a global audience. Companies need a visual cloud and media analytics platform that is flexible enough to support changing business models and deployment options, software that enables rapid innovation, and hardware that can scale to provide a range of performance, all while being able to lower total cost of ownership and grow profitability. Intel launched the Intel Select Solutions for Visual Cloud to give companies an easier path towards successful content creation and delivery starting with the Intel Select Solution for Simulation and Visualization and Intel Select Solution for Visual Cloud Delivery Network.
The global insurance fraud detection market size is expected to reach USD 9.7 billion by 2025, registering a CAGR of 13.7% over the forecast period, according to a new report by Grand View Research, Inc. Detecting and preventing fraudulent activities is a global challenge for insurers. However, the emergence of advanced solutions such as the use of automated business rules, self-learning models, text mining, predictive analytics, image screening, network analysis, and device identification is expected to deliver actionable insights to improve claims processes. As a result, insurance organizations are adopting fraud detection solutions that not only recognize the genuine claims process but also reduce the number of false positives. The prevention and detection of fraud capabilities are increasing with the growing awareness of perpetrators and sophisticated crimes. Global concerns about the ever-increasing cases of insurance frauds coupled with sophisticated organized crime, have signaled a need for coherent action by all insurance companies.
Daniel Faggella is the founder and CEO at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and many global enterprises, Daniel is a sought-after expert on the competitive strategy implications of AI for business and government leaders. Business leaders, managers, and consultants with an eye on AI aren't just trying to learn what AI can do, they're trying to discover ways to gain an AI advantage. For this reason, discovering AI trends can be particularly important. Most of the work that we do with our AI Capability Map services is about finding trends in quantitative data – which requires hundreds of hours of expert research, and established frameworks for interpreting and categorizing data for insight.
Mumbai-based edtech startup GreyAtom has raised $1.2 Mn in its Pre-series A round led by Montane Ventures. GreyAtom's existing investor, Pravega Ventures, and cofounder of BrowserStack, Ritesh Arora, also participated in the funding round. With the recently raised funds, GreyAtom plans to diversify its technology courses line up to include courses on front end engineering, back end engineering, and test automation. The company also plans to expand its footprint across the country. Founded in 2017 by Shweta Doshi, Mitul Thakkar and Mayuresh Shilotri, GreyAtom provides online and offline education to learners, especially working professionals, to pivot careers in emerging technologies like machine learning, artificial intelligence (AI), data science and full-stack engineering through an end to end learning and career preparation process.
The NBA and GameOn Technology announced a partnership this week where the league will take advantage ... [ ] of the company's AI chatbot technology to provide in-game highlights via Facebook Messenger. As sports move into the new decade, it can be argued that the key new technologies that will define tech's impact will be the influx of artificial intelligence (AI) and machine learning (ML) related to how teams conduct their business objectives. These businesses use range from improving performance on the field and for in-game decision-making to achieving revenue objectives through utilizing the technology to make better use of the enormous amounts of data that teams and leagues collect from fan shopping habits and online behavior. As part of this process, AI is being utilized to automate chat to reduce manpower needs. With this in mind, the National Basketball Association (NBA) announced a partnership this week with AI chatbot company GameOn Technology that will engage fans of the league through Facebook Messenger to deliver highlights in-game.
STERLING, Va., Dec. 5, 2019 /PRNewswire-PRWeb/ -- EnterWorks, a leading provider of Master Data Management (MDM) and Product Information Management (PIM) solutions, has announced a live webcast event featuring Michele Goetz, Principal Analyst, Business Insights, Information Architecture and Artificial Intelligence, at Forrester. The webinar, "How AI, Machine Learning and Data Strategy Can Enable Compelling New Products & Experiences," will take place on Tuesday, December 10, 2019 from 11:00 am to 12:00 pm EST. It is sponsored by EnterWorks; Amplifi, an information management consultancy that helps the world's leading brands, retailers and manufacturers to harness and unleash the power of their data; and Sisense, a business intelligence software and analytics platform. The webinar will inform participants how artificial intelligence, machine learning and data strategy can enable compelling new products and experiences, and how deploying AI and ML depends on effective master data and its proper governance. According to Forrester's Goetz, many companies have initiated AI and ML projects only to find that they have not established the foundation for success that comes with implementing a comprehensive data management strategy and the platforms needed to make replicable and scalable success possible.