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The Biggest Ideas at Time Machine 2019, Day One

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Time Machine 2019, SparkCognition's annual AI summit, was one for the books. Time Machine is a global AI conference featuring 40 leaders across a wide spectrum of industries to discuss the implications of AI. Our 2019 conference just came to a close, but the ideas that were discussed over the course of its two days are going to reverberate for a long time. But even if you weren't able to come join the conversation with us, we'd hate for you to miss out entirely. So here's a rundown of some of the biggest, most important ideas that emerged over the course of the first day of Time Machine 2019: The infrastructure that powers our society is beginning to reach a breaking point.


Canadians: This Artificial Intelligence Stock Needs to Be in Your Portfolio!

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We are nearing the end of this decade, and investors need to gear up for the sectors that will dominate the 2020s. Artificial intelligence (AI) has attracted attention from a variety of circles. AI skeptics like Elon Musk have struck a cautionary tone, while Facebook founder Mark Zuckerberg is far more optimistic. There is one thing we can guarantee: companies will continue to throw huge investments, as AI tech promises to be a big money maker going forward. Canada's stock market has been maligned for being financial, energy, and material heavy, while its technology sector is tiny in comparison to its U.S. counterparts.


For Carmakers, Inspection Flexibility Makes the Difference

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'We can use artificial intelligence and machine learning to be able to pick up nuances that are much more difficult to apply through the traditional classical tools that are available in machine vision.' -- Harry Kekedjian, controls engineering manager at the Advanced Manufacturing Center of Ford Motor Co.


The European Mobility Startup Landscape

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It's an exciting time to be investing in mobility startups. Below are the current trends in the mobility industry and an overview of the startup ecosystem in Europe. The mobility industry is undergoing rapid change these days. While they bring opportunities for newcomers, they create challenges for the incumbents. Let's have a look at the four trends in more detail: While Mercedes Benz had already started to experiment with self-driving technology three decades ago, it wasn't until recently that autonomous driving (AD) efforts really speed up.


Volvo Buses Demonstrates Autonomous Driving For Bus Depot

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Volvo Buses demonstrated autonomous driving of an electric bus at a bus depot, which happens to be the first such demo at at real depot, used by bus operator Keolis, outside of Gothenburg, Sweden. The Swedish manufacturer notes that it will take years to make buses self-driving on public roads but depots are a fairly simple application for autonomous driving as the environment is known, with predictable and repetitive traffic flows. Having an option of autonomous driving, bus operators would be able to order buses to park, drive to the wash or charging station, all by itself. It's expected that bus operators will be able to purchase such systems within 5-10 years. "During the demonstration, the fully-electric 12 m autonomous bus successfully drove itself between the parking bay and several workstations including cleaning, servicing and electric charging, before parking itself in the correct bay – all while carrying passengers."


Volvo Buses Demonstrates Autonomous Driving For Bus Depot

#artificialintelligence

Volvo Buses demonstrated autonomous driving of an electric bus at a bus depot, which happens to be the first such demo at at real depot, used by bus operator Keolis, outside of Gothenburg, Sweden. The Swedish manufacturer notes that it will take years to make buses self-driving on public roads but depots are a fairly simple application for autonomous driving as the environment is known, with predictable and repetitive traffic flows. Having an option of autonomous driving, bus operators would be able to order buses to park, drive to the wash or charging station, all by itself. It's expected that bus operators will be able to purchase such systems within 5-10 years. "During the demonstration, the fully-electric 12 m autonomous bus successfully drove itself between the parking bay and several workstations including cleaning, servicing and electric charging, before parking itself in the correct bay – all while carrying passengers."


Envestors

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You have bought a small product online from your favorite retailer. Your cart value is at £4.99, now you are at the checkout and the delivery fee is an additional £7.99 on top. The scenario above represents a snapshot of one of the largest problems in online retail. With trillions of dollars spent online annually, when you buy something online, a large chunk of the cost of most shopping carts goes towards delivery. It is widely agreed by industry leaders that the global solution is to automate the last-mile delivery process, thus completely removing the human cost of delivery.


Volvo creates new business unit for autonomous truck solutions

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Volvo has created a new business unit for its growing range of autonomous transport solutions. The new business area, Volvo Autonomous Solutions, will accelerate the development, commercialization and sales of autonomous transport solutions. Volvo says this will enable the company to meet "a growing demand" and to offer "the best possible solutions" to customers in such segments as mining, ports and transport between logistics centers, as a complement to today's products and services. With global developments that are characterized by higher demand for transportation, increasingly congested roads and major environmental challenges, the industry needs to provide transport solutions that are safer, have a lower environmental impact and are more efficient. Autonomous transport solutions, based on self-driving and connectivity technologies are well-suited for applications where there is a need to move large volumes of goods and material on pre-defined routes, in repetitive flows.


Toyota AI Ventures Diversifies Investments - Insights From Jim Adler

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Vehicle manufacturers know that they need to invent in autonomous technologies if they want to continue to remain relevant. As such, it should be no surprise that many car companies are investing in AI technologies to keep themselves competitive and relevant. Interviewed on an AI Today podcast episode, Jim Adler, Founding Managing Director of Toyota AI Ventures shared insights into the sort of investments Toyota AI Ventures is making in the industry, how the automotive industry is benefiting from these investments, and what non-automotive related AI and ML investments they are making. Founded in 2017, Toyota AI Ventures raised a $100 million fund to invest in artificial intelligence, cloud-based data, and robotics that may also leverage AI and cloud-based data. Toyota AI Ventures is a subsidiary of the Toyota Research Institute and helps AI ventures around the world to bring new artificial technology to the market.


Why Artificial Intelligence Is a Secret Weapon for Tesla Stock

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It's usually a mistake to bet against Elon Musk. The recent performance of Tesla (NASDAQ:TSLA) stock is a good example. True, Elon Musk may say some wacky things and make some big mistakes. But in the end, he always seems to find ways to achieve his lofty goals. Earlier in the year, TSLA appeared to be in a bleak situation, and there was many questions about its outlook.