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) …
Oracle has announced plans to acquire data management and AI solutions provider DataFox. Financial details were not disclosed. Founded in 2013, San Francisco, CA-based DataFox is the developer of an artificial intelligence (AI)-based engine which automatically locates and pulls the most current information available on public and private businesses. The engine currently manages the information of over 2.8 million companies, with 1.2 million being added on an annual basis. Customers, including Goldman Sachs, Bain & Company and Twilio, use the platform for account management, lead generation, and to keep customer-relationship management (CRM) solutions current.
Oracle has announced plans to acquire data management and AI solutions provider DataFox. Financial details were not disclosed. Founded in 2013, San Francisco, CA-based DataFox is the developer of an artificial intelligence (AI)-based engine which automatically locates and pulls the most current information available on public and private businesses. The engine currently manages the information of over 2.8 million companies, with 1.2 million being added on an annual basis. See also: Larry Ellison pitches Oracle's Gen 2 Cloud as purpose-built for enterprise Customers, including Goldman Sachs, Bain & Company and Twilio, use the platform for account management, lead generation, and to keep customer-relationship management (CRM) solutions current.
Earlier this month, the Intercept broke the news that Google was building a secret program called Dragonfly, a censored search engine the company was potentially hoping to bring to China. Unlike the Google search that's used in the rest of the world, this search engine would block websites that are banned by the Chinese government and would not answer certain questions that the Chinese government has blacklisted. To learn more about Dragonfly, I recently spoke with Ryan Gallagher, a U.K.-based investigative journalist who reports on digital security and state surveillance issues for the Intercept. In our conversation, part of this week's episode of Slate's technology podcast If Then, we discussed why Google wants so desperately to enter China, why many of its employees oppose the plan, and how even a co-founder of the company may have been kept in the dark as Dragonfly was developed. Gallagher detailed how Google CEO Sundar Pichai has had several highly secretive meetings with the Chinese government about bringing Google to China over the past year--and the timeline of Google's plans to deploy the project once Beijing gave the green light.
Intuit said it has sold its largest data center to H5 Data Centers as it aims to speed up its move to the cloud. The company said that it is selling its data center in Quincy, Washington to H5, which operates data centers. Intuit is among the higher profile software vendors moving to Amazon Web Services. Intuit noted that AWS was able to handle peak tax season traffic and that gave it confidence to get out of the data center business. Related: The data science life: Intuit's Ashok Srivastava on AI, machine learning, and diversity of thought Intuit to use AWS as its standard artificial intelligence platform The hit to earnings will be offset by tax benefits from the sale.
French startup Doctrine is raising a $11.6 million funding round (€10 million) from existing investors Otium Venture and Xavier Niel. Doctrine is building a search engine for court decisions and other legal texts. This is a key tool if you're a lawyer or you're working in the legal industry in general. There are now a thousand companies using the service. It currently costs around €129 per user per month.
With the popularization of blockchain concept and the rapid development of technology application, through combining with entity industries, blockchain technology has been applied in our lives, drawing more and more attention around the world. HONG KONG, CHINA / ACCESSWIRE / May 31, 2018 / XMC is the world's first User Generated Data health care system that combines blockchain technology, artificial intelligence and big data analysis. Users or patients can upload and manage their personal medical records through XMC to obtain primary ownership of their personal data. With the application of encrypted data, these data cannot be edited by other parties. Meanwhile, artificial intelligence and big data are used to analyze and provide customized global medical data to meet the needs of users, and provide a safe and efficient data management platform for individual and institutional users.
San Jose, CA, May 31, 2018 (GLOBE NEWSWIRE) -- The Tech Museum of Innovation is opening a new immersive exhibit which invites visitors to collaborate with AI-powered robots to bring their creations to life. With Animaker, visitors step into a large-scale projection of a jungle temple where robots invite them to form animals out of LEGO/Duplo bricks. Their creations are analyzed by the robots, incorporating cutting edge 3D-scanning technology and an AI-powered search engine that understands 3D content. The animals then come to life in a virtual ancient temple, and can be personalized by changing their look and behavior. This is the first experience in the world where children play and learn about AI by training machines to recognize different interpretations of real world objects.
ITRealty intelligently analyzes the multiple listing services (MLS) that brokers and agents use to find/list properties, establish contractual offers of compensation among brokers, and accumulate and disseminate information to enable appraisals. "It does not matter anymore how far in the past comparable properties were sold", says Yuriy Setko, "Our algorithms will analyze where the market was for that particular type of property, in that particular neighborhood in the past, and apply the time adjustment percentage to the selling price to give you that property's market price as if it was sold yesterday." You usually have a good number of comparables to see if the asking price is right". It also helps to precisely determine the market price when putting up a property for sale. ITRealty tracks price drops on MLS, along with other listing analysis algorithms, to find "motivated sellers", as well as drawing supplementary data on real estate not found on MLS.
SAN FRANCISCO, May 8 (Reuters) - Artificial intelligence company ThoughtSpot, whose technology enables sophisticated searches of corporate data, has raised $145 million in fresh funding, underscoring investor appetite for technology that promises to automate tasks once done by humans. The company announced the new funding on Tuesday. Chief Executive Officer Ajeet Singh said in an interview that the round was more than double what he had set out to raise and would likely be the final private fundraising before an initial public offering in as little as two years. The funding values the company at $950 million, up from $450 million after its last fundraising, according to venture capital data firm PitchBook Inc. ThoughtSpot sells businesses software that uses artificial intelligence - teaching computer systems to perform tasks that normally require human intelligence - to make queries and deliver answers from a massive set of data. Company employees can search corporate data much the same as making a query using Google Search.
The blog post was authored by Andy Hickl, Principal Group Program Manager, Microsoft Cognitive Services. Today at the Build 2018 conference, we are unveiling several exciting new innovations for Microsoft Cognitive Services on Azure. At Microsoft, we believe any developer should be able to integrate the best AI has to offer into their apps and services. That's why we started Microsoft Cognitive Services three years ago – and why we continue to invest in AI services on Azure today. Microsoft Cognitive Services make it easy for developers to easily add high-quality vision, speech, language, knowledge and search technologies in their apps -- with only a few lines of code.