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) …
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Newswire) OurCrowd, the leading global equity crowdfunding platform, today announced the launch of Cognitiv, a specialized $100 million global fund focused on early-stage companies that leverage AI, deep-learning, IoT, robotics and digital manufacturing to become tomorrow's category leaders. Cognitiv is the 12th fund to launch for funding on OurCrowd's platform and will give investors access to approximately 20 companies, with initial investments in EquityX, KolGene and FreshKeep. Cognitiv is a direct result of the success of OurCrowd First, the first fund entry by OurCrowd, raising approximately $12 million, closing in May 2016. Cognitiv is led by three storied entrepreneurs, collectively responsible for creating value in the billions of dollars. Cognitiv's newest General Partner, Avi Reichental is the former President and Chief Executive Officer of 3D Systems, (NYSE:DDD) and brings decades of executive leadership in late stage global corporations.
Blockchain will use AI to search through relationship data, says Dr. Scott Zoldi, chief analytics officer at FICO, in his AI predictions for 2018 Defensive AI will be used to protect systems from malicious AI and machine learning The growing use of blockchain technology in financial services will include a healthy dose of artificial intelligence, as new, automated analytic techniques look for patterns in the "relationship data" about people, contracts and transactions. That merger of two hot tech trends is one of the predictions made by Dr. Scott Zoldi, chief analytics officer at Silicon Valley analytic software firm FICO, and a recognized expert in the field of artificial intelligence. Check out our crypto blog on blogger.com "Beyond its association with cryptocurrencies, blockchain technology will soon record'time chains of events,' as applied to contracts, interactions and occurrences," Dr. Zoldi wrote on the FICO Blog. "Think about renting a car.
Britbots, the organisation dedicated to promoting U.K.-based robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, today announces the launch of the second British Robotics Seed Fund. The new fund follows the success of the first fund, which has now been fully invested, leading the seed rounds of six high-potential robotics and AI (artificial intelligence) related ventures. The new fund will be predominantly focused on SEIS-qualifying investment opportunities thereby delivering the most significant tax benefits to investors, nonetheless there will be scope for the fund to make a number of investments under the EIS scheme when there are scale-up opportunities for existing portfolio companies. Further information is available at www.britbots.com/fund There has been rapid increase in the number of robotics-related start-ups and the fund looks to partner with entrepreneurs and academic robotics teams to deliver high-value businesses that can deliver superior returns for investors.
Today's analytical workloads require faster query performance, advanced analysis methods, and more frequent data updates. For real-time analysis of massive data sets, particularly for use cases where time and location matter, enterprises are turning to new next-generation databases to explore data faster and uncover new insights. "Based on its enormous potential, investments in AI can be expected to increase in 2018, while investments in IoT will need to show measurable return," said CTO and Cofounder of Kinetica Nima Negahban. "The ability to operationalize the entire pipeline with GPU-optimized analytics databases now makes it possible to bring AI and IoT to business intelligence cost-effectively. And this will enable the organization to begin realizing a satisfactory ROI on these and prior investments."
Artificial intelligence (AI) is taking the world by storm, impacting startups and tech majors in a big way. Incidents like when the greatest Go player Lee Sedol lost to AI program AlphaGo, developed by Alphabet Inc. GOOGL, speaks volumes about the same. The rapid development of AI technology is reflected in the stellar performance of the Robotics & Artificial Intelligence ETF BOTZ and the ROBO Global Robotics and Automation Index ETF ROBO . While BOTZ has rallied 59.6% over the past year, ROBO gained 44.8%. Both ETFs outperformed the S&P 500's 19.4% gain.
Mark your calendars now for AAAI-07, which will be the second AAAI conference to be held in Canada. You will note a slight name change in the conference to account for this trend! We are delighted to announce this permanent change as we expand the venue for the conference throughout the whole of North America. The Twenty-Second AAAI Conference on Artificial Intelligence (AAAI-07) will be held July 22-26, 2007, at the Hyatt Regency Vancouver in Vancouver, British Columbia, Canada, in cooperation with the Canadian Society for the Computational Studies of Intelligence (CSCSI/CSEIO) and the University of British Columbia. The Nineteenth Conference on Innovative Applications of Artificial Intelligence will be collocated with AAAI-07, and will be held July 24-26 (for details see the links at www.aaai.org/Conferences/).
The Twelfth Innovative Applications of Artificial Intelligence Conference (IAAI-2000) will run concurrently with the main technical conference this year on Tuesday, August 1, and Wednesday, August 2. IAAI-2000 will honor six case studies of fully deployed applications with measurable benefits whose value depends on the use of AI technology. This year's papers address applications in a wide variety of domains, including large-scale scheduling, biotechnology, medical data mining, civil engineering, financial modeling, email management, manufacturing, and interactive agents. AI techniques discussed include knowledge-based systems, vision, constraint programming, machine learning, software synthesis, planning and execution, natural language processing, diagnostic reasoning, reasoning with uncertainty, neural networks, and cognitive simulation. The innovative applications conference is intended not only for those involved in applications but also for researchers interested in gaining a better understanding of the applications side of the AI equation. The AAAI-2000 exhibition will offer a wide variety of programs, including the Ninth Annual Mobile Robot Competition and Exhibition, the Intelligent Systems Demonstrations, the final round of the National Botball Tournament, and the finals of the AAAI-2000 Robot Building Laboratory contest.
Lunit Inc., a member company of the K-ICT Born2Global Centre, has developed a deep learning-based technology for analyzing medical images that dramatically lowers the rate of misdiagnosis. Currently, the AI technology is being subjected to a sophistication process in cooperation with major medical institutions in Korea, including Seoul National University Hospital, Severance Hospital of Yonsei University Health System, Samsung Medical Center, and Asan Medical Center. Anthony Paek, the CEO of Lunit, explained, "The data-driven imaging biomarker (DIB) technology that Lunit proposed for the first time ever in 2015 is an AI system that has learned abnormal and clinically significant image patterns from big data." He went on to add, "Currently, DIB technology has achieved an accuracy level comparable to that of human experts. In the future, however, we will have new DIB technologies capable of outperforming humans."
"I believe 2018 will be the year in which businesses of all sizes engage with the hype and get to grips with the difference between tech for tech's sake and understanding how it can be used to augment human capability. This is the year to overcome the tech fear." "2018 is the year when AI will start to become mainstream in many organisations. The ability to provide comfort that these systems are built, deployed and operated in a responsible and transparent fashion will be critical. There will be significant benefits for organisations which adopt this approach when implementing AI, but potential pitfalls for those which decide to'play it by ear'."