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) …
As if active portfolio managers didn't have enough challenges from computer-driven passive investing strategies, now machines are directly horning in on their territory. San Francisco-based EquBot LLC is launching the first ever exchange-traded fund to use artificial intelligence, according to a company statement on Tuesday. Employing International Business Machines Corp.'s Watson platform, the AI Powered Equity ETF, ticker AIEQ, will attempt to mimic an army of equity research analysts working around the clock, according to Art Amador, co-founder of EquBot. "There has been an explosion of information," Amador said by phone. "AI provides a more informed way of investing."
Apple announced today that it is switching from Bing to Google as the Web search provider for Siri, Search within iOS and Spotlight on Mac. Apple officials did say they will continue to use Bing Web image search results in Siri, noted TechCrunch, citing an Apple statement sent to the outlet. In 2013, Microsoft and Apple struck a deal to make Bing the backup Web search engine in Siri. In 2014, Microsoft and Apple struck a related deal to make Bing the default Web search engine for Spotlight on the Mac and iOS 8.
Outfitted for machine learning, artificial intelligence, and FinTech, AccelStor all-flash arrays deliver accelerated performance and effortless data processing for storage, enabling enterprise business to run efficiently. "Our NeoSapphire series provides superior-performing flash arrays for SMEs, enterprises and data centers, and helps customers reduce risk, plan resources, and accelerate time to value for enterprise-scale big data deployments." This scalable flash array lays the groundwork for succeeding NeoSapphire models, demonstrating AccelStor's capability to provide large-capacity, feature-rich, high-performance storage arrays with high availability. AccelStor's NeoSapphire all-flash arrays, powered by FlexiRemap software technology, deliver sustained high IOPS for business-critical applications.
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Recent announcements by both Facebook and tech pioneer Elon Musk to build brain interfaces are great examples. A new report from SogetiLabs'The Frankenstein Factor: the Anatomy of Fear of AI' recommends taking these emotions seriously and pleads for a therapeutic approach. Members of the European Parliament fear artificial intelligence will ultimately affect the intrinsic European and humanistic values. A series of reports on Machine Intelligence The Frankenstein Factor: the Anatomy of Fear of AI" is the third in a series of four qualitative research reports on the topic of Machine Intelligence.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the application economy. With CA software at the center of their IT strategy, organizations can leverage the technology that changes the way we live - from the data center to the mobile device. CA's software and solutions help customers thrive in the new application economy by delivering the means to deploy, monitor and secure their applications and infrastructure.
Notably, the majority of deals have focused on acquiring talent, technology, and intellectual property - not on existing revenues and profits - to support and build on existing businesses, and to expand into related fields. And so, apparently as intended all along, Alphabet effectively acquired Motorola's entire patent portfolio for sub-$3.5 billion, to'defend the entire Android ecosystem'. And second, the gross consideration for Motorola is actually less than 50% of the annual $26 billion free cash flow Alphabet now generates! A step-change in strategy is required - that is, listed and much larger target companies, with revenues, profits, and users being the primary driver.
On Tuesday, Salesforce Einstein – the CRM giant's foray into baked-in artificial intelligence – was launched in general availability, months after Salesforce first launched Einstein at Dreamforce in October. In the lead up to Tuesday's event, Salesforce announced a partnership with IBM on Monday whereby they will deliver joint solutions that combine IBM Watson and Salesforce Einstein. The partnership will initially see an integration of IBM Watson APIs into Salesforce to bring predictive insights from unstructured data with customer data delivered by Salesforce Einstein. The partnership will also enable customers to bring together on-premise enterprise and cloud data with specialized integration products for Salesforce, according to a press release.
"Deep learning on Nvidia GPUs [graphics processing units], a breakthrough approach to AI, is helping to tackle challenges such as self-driving cars, early cancer detection and weather prediction," said Nvidia cofounder and CEO Jen-Hsun Huang in a statement. The company's data center business appears safe for now. And its increasing faster over time: Last quarter, reported in November, Nvidia's data center business showed 193% growth in year-over-year revenue. Huang pointed out that the company's data center business relies on other areas outside of deep learning applications, including high-performance computing and running graphics-heavy software from the cloud.
Every decade or so, a new era of computing comes along that shapes everything we do. Much of the 90s was about client-server and Windows PCs. By the aughts, the Web had taken over and every advertisement carried a URL. Then came the iPhone, and we're in the midst of a decade defined by people tapping myopically into tiny screens. So what comes next, when mobile gives way to something else?