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) …
For marketers, it's likely that their digital advertising budgets will flow through Trade Desk at some point since the buy-side programmatic platform grabbing share in areas such as connected TV, Web, mobile and audio. Trade Desk, an independent ad platform, delivered strong third quarter revenue growth and earnings as it competes against giants for a piece of the ad revenue pie. For marketers, Trade Desk has become a key partner due to its independence, buy-side focus and customer service. The company reported third quarter net income of $10.2 million, or 23 cents a share, on revenue of $79.4 million, up 50 percent from a year ago. Trade Desk recently launched a successful IPO.
High-performance graphics chip pioneer NVidia reported better than expected fiscal Q3 earnings after the market close on Thursday. NVidia raised the dividend 7 percent to 15 cents a share and intends to return $1.25 billion to shareholders during the next fiscal year. NVidia consistently trumps analysts' expectations and comes just after Sony and gaming stocks Take Two Interactive $TTWO and Activision Blizzard $ATVI delivered strong earnings. NVIDA chips, graphics processors are gaming industry standouts for personal computers and video game consoles. Earnings: EPS $1.33 way ahead of analysts expected EPS of 94 cents on Revenue of $2.64 Billio beats expected 18% revenue growth to $2.36 billion.. "We had a great quarter across all of our growth drivers.
Aquant, a New York City-based tech company, announced it has secured $2.6 million in seed funding from World Trade Ventures, SilverTech Ventures, AngeList Syndicate led by Gil Dibner, and a group of private investors in order to expand their customer base and accelerate development of the technology's abilities. Aquant, a rising name in the tech business ecosystem, has developed sophisticated AI and machine learning technology to addresses the multi-billion-dollar problem of machinery downtime that troubles service companies. The unique aspect of Aquant's technology is its ability to locate potential failures at levels that are difficult to be predicted by humans. Companies in the service industry have gotten used to paying a fortune on a yearly basis on machinery downtime and recurring technicians' visits, due to lack of technicians' skills and wrong stocking of parts. Aquant provides service companies with a permanent solution for this problem.
Difficult times for operators call for questioning old orthodoxies to win. For the better part of a decade, telecom companies have suffered through declining revenues, cash flow, and return on investment just as tech companies like Google, Facebook, Amazon, and others have mushroomed by building their businesses on the operators' own infrastructure. While these tech visionaries have enjoyed well over $1 trillion in combined market-cap growth by innovating and thinking differently and adeptly, telecom companies have tried to compete by implementing the same old survival tactics: cutting costs, reducing the workforce, and timidly entering into new business adjacencies. The trouble is that playbook no longer applies. It's time the telecom companies embrace this new reality and rethink the key orthodoxies that have shaped their industry since the first phone call was made about 140 years ago.
CDB Technologies, LLC is pleased to announce that EveryPig (www.everypig.co), This new development will allow the farmers and veterinarians using the app to leverage data collection and machine learning models to identify illnesses and recommend potential remedies for the pigs under care. Over time, this technology will bring an unprecedented degree of insight to the pork industry regarding the care and health of pigs. Because the actual people who physically visit the pigs every day are the ones reporting, EveryPig's founder believes that the platform will be an ideal tool to provide fast recognition of domestic and foreign disease outbreaks, which could affect the multibillion-dollar pork export market. In the one year it has been in use, EveryPig has already grown to have 500 active users including many pork production and swine veterinary management companies representing over 1,000,000 pigs under care, without a focus on sales.
Research analysts are the most likely employees on Wall Street to find themselves working with--or being replaced by--robots, according to a survey by Greenwich Associates. By next year, some 75% of banks and financial firms will either explore or implement artificial intelligence technologies, harnessing a variety of digital services to extract insights from mountains of data. While AI is probably near the peak of its hype cycle, several factors have helped it gain traction in recent years, according to Greenwich. Billions of images and documents are now available online for training computers to spot patterns and other high-level tasks. Advances in graphical processing units, which are adept at the kind of data crunching required by AI, are making sifting through daunting datasets much easier.
Vienna, Austria -- (SBWIRE) -- 10/30/2017 -- IFDAQ has gained acceptance into NVIDIA's Inception program, a nurture program for exceptional startups revolutionizing industries with advances in AI and data sciences. The Inception program offers customized resources that range from hardware grants to collaboration with NVIDIA's Deep Learning Institute to raising visibility for the unique value and innovations IFDAQ can bring to market using NVIDIA's deep learning platform. There lation ship also includes access to NVIDIA's latest GPU accelerators as well as a global AI and deep learning ecosystem with a massive network of deep learning experts and opinion leaders. "We are honored to be part of NVIDIA's AI-start up family that is fostered with a number of benefits, including early access to state-of-the-art technology,"commented Daryl de Jori, Head of New Technologies and founding member of IFDAQ. "Asan AI-driven technology that generates billions of data sets daily through a series of high-dimensional algorithms, the IFDAQ could also benefit by building smarter calculation processes to shorten computing times.
Consumer enthusiasm for both emerging technology and resilient mature categories is exceeding expectations – driving the U.S. consumer technology industry to an estimated 3.2 percent revenue growth in 2017, earning $321 billion in retail revenues ($251 billion wholesale), according to new research from the Consumer Technology Association (CTA). The latest edition of CTA's semi-annual industry report, U.S. Consumer Technology Sales and Forecasts, also projects drones, OLED TV and virtual reality (VR) technology will each cross the $1 billion revenue milestone for the first time this year. "Driven by consumer demand for the products we already know and love, as well as new, innovative technologies, revenue growth in the consumer technology industry is exceeding expectations," said Gary Shapiro, president and CEO, CTA. "Not only are breakthrough technologies changing our lives for the better – such as drones delivering medical supplies to remote areas or the use of VR in patient care – tech is also a key driver of the U.S. economy, outpacing GDP growth, and reinforcing America's role as a global leader in innovation." CTA's semi-annual report serves as a benchmark for the consumer technology industry, charting the size and growth of underlying product categories.
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE:ACN) has joined the Partnership on AI, a prestigious alliance of businesses, researchers, academics and policy makers that work to advance the understanding of artificial intelligence (AI) technology and develop best practices on the challenges and opportunities within the field. Accenture joins other prominent industry leaders who share its commitment to advancing the field of AI so that it benefits people and society. Accenture will actively contribute its own insights, research and capabilities in areas including Responsible AI, and will dedicate people and resources to collaborate with Partnership on AI members to help address important global challenges such as food, diversity, inclusion, health, education and economic opportunity. "We are thrilled to join the Partnership on AI. We believe businesses, governments and academia have a critical role in co-innovating and applying AI to invent new educational, workforce and business models that are both responsible and responsive to the needs of people and society.
The Global Service Robotics Market is a strategy report from Berg Insight analysing the latest developments on this market covering floor cleaning robots, robot lawn mowers, milking robots, humanoid robots, telepresence robots, powered human exoskeletons, surgical robots, AGVs, AMRs and UAVs. This strategic research report from Berg Insight provides you with 240 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions. The future is here: Service robotics will change our lives Robots are now being increasingly adopted for service applications, both by consumers and professionals. The service robot market comprises many different types of robots, most of which can be used for applications in multiple industries. At a consumer level service robots are commonly used for tedious and repetitive tasks such as domestic chores, or for leisure and entertainment purposes.