Services


Element AI, a platform for companies to build AI solutions, raises $102M

#artificialintelligence

Element AI -- a Montreal-based platform and incubator that wants to be the go-to place for any and all companies (big or small) that are building or want to include AI solutions in their businesses, but lack the talent and other resources to get started -- is announcing a mammoth Series A round of $102 million. They include Fidelity Investments Canada, Korea's Hanwha, Intel Capital, Microsoft Ventures, National Bank of Canada, NVIDIA, Real Ventures, and "several of the world's largest sovereign wealth funds." But the basic model is not: Element AI is tackling this problem essentially by leaning on trends in outsourcing: systems integrators, business process outsourcers, and others have built multi-billion dollar businesses by providing consultancy or even fully taking the reins on projects that businesses do not consider their core competency. Element AI says that initial products that can be picked up there include predictive modeling, forecasting models for small data sets, conversational AI and natural language processing, image recognition and automatic tagging of attributes based on images, 'aggregation techniques' based on machine learning, reinforcement learning for physics-based motion control, compression of time-series data, statistical machine learning algorithms, voice recognition, recommendation systems, fluid simulation, consumer engagement optimization and computational advertising.


Intel's data center chief talks about machine learning without GPUs

@machinelearnbot

If you want to get under Diane Bryant's skin these days, just ask her about GPUs. The head of Intel's data center group was at Computex in Taipei this week, in part to explain how the company's latest Xeon Phi processor is a good fit for machine learning. Machine learning is the process by which companies like Google and Facebook train software to get better at performing AI tasks including computer vision and understanding natural language. It's key to improving all kinds of online services: Google said recently that it's rethinking everything it does around machine learning. "It's a big opportunity, and there will be a hockey stick where every business will be using machine learning," she said in an interview.


Intel's data center chief talks machine learning -- just don't ask about GPUs

PCWorld

If you want to get under Diane Bryant's skin these days, just ask her about GPUs. The head of Intel's powerful data center group was at Computex in Taipei this week, in part to explain how the company's latest Xeon Phi processor is a good fit for machine learning. Machine learning is the process by which companies like Google and Facebook train software to get better at performing AI tasks including computer vision and understanding natural language. It's key to improving all kinds of online services: Google said recently that it's rethinking everything it does around machine learning. "It's a big opportunity, and there will be a hockey stick where every business will be using machine learning," she said in an interview.


Nvidia CEO bets on artificial intelligence as the future of computing

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Huang said deep learning will be the basis for the entire computer industry, including data centers and the cloud, for years to come. Huang also said he believes AI and deep learning will transform data centers and cloud services. Rajat Monga, a Google technical lead and manager of TensorFlow, an open source software library for machine learning that was developed at Google, said the company thinks deep learning will infuse every Google service, including new areas such as robotics. It's what he called the world's first car computing platform powered by deep learning.