investment


Google is launching an AI research center in France and expanding its office

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Google CEO Sundar Pichai wrote a blog post about Google's investments in France. There are three different pieces of news in this announcement. First, Google is going to expand its office in Paris. If you already know Google's current office in Paris, that building is going to stick around. The company is going to acquire or rent other buildings around Google's current office and connect them.


Eight Tech Predictions For 2018

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But in the digital age the sheer volume of trends reshaping business models and transforming entire industries means even the largest organisations cannot afford to skip the tide for fear of a start up stealing their march. Their Head of EMEA Phil Cox gives us his top predictions for the year ahead. The number of commercial uses for unmanned aerial vehicles (UAVs) will continue to increase in 2018. With their lower costs, minimal intrusion and reduced safety risks, drones are increasingly being utilised to inspect and survey, from damage to wind turbines and safety checks on oil rigs to detecting leaks in oil and gas pipelines. Canard's drones with powerful sensors and cameras inspect runways for damage, eliminating the need to shut down airports for entire days to allow one-man planes to carry out flight inspections at dangerously low altitudes.


Accenture - Artificial Intelligence in Business is Shaping Future Workforce - Study

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Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment levels by 10 percent.Collectively, this would lift profits by US$4.8 trillion globally over the same period. For the average S&P500 Company, this equates to US$7.5 billion of revenues and a US$880 million lift to profitability. The latest statistics were disclosed in The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce? The report also alarms that businesses are might miss major growth opportunities unless CEOs take immediate steps to pivot their workforces and equip their people to work with intelligent technologies, according to new research by Accenture. Both leaders and workers are optimistic about the potential of AI on business results and on work experiences, according to the study.


Artificial Intelligence (#AI) could boost revenues by 38%, employment by 10% by 2022

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The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce?, estimates that if businesses invest in Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment levels by 10 percent. Collectively, this would lift profits by US$4.8 trillion globally over the same period. For the average S&P500 company, this equates to US$7.5 billion of revenues and a US$880 million lift to profitability. Both leaders and workers are optimistic about the potential of AI on business results and on work experiences, according to the study. Seventy-two percent of the 1,200 senior executives surveyed said that intelligent technology will be critical to their organization's market differentiation and 61 percent think the share of roles requiring collaboration with AI will rise in the next three years.


2018 UK software budgets double for AI and blockchain

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Artificial intelligence and blockchain initiatives have emerged as critical new areas of focus for IT systems buyers in the UK, and across Europe, the Middle East and Africa (Emea), in the Computer Weekly/TechTarget IT Priorities survey for 2018. Discover how organisations are going about their BI and analytics on the newer data stores. You forgot to provide an Email Address. This email address doesn't appear to be valid. This email address is already registered.


Japan: A frontrunner to solve social challenges

The Japan Times

Achieving sustainable growth while coping with a population decline calls for "Society 5.0," a super smart society where we can resolve various social challenges by incorporating the innovations of the fourth industrial revolution such as the "internet of things," big data, artificial intelligence, robots and the sharing economy into every industry and society. Japan, in a sense, is far ahead of the rest of the world in realizing this new society, as it is compelled to do so. About 27.3 percent of Japan's 127 million people were aged 65 or higher in 2016, with the ratio expected to reach 38.4 percent by 2065, according to the Ministry of Internal Affairs and Communications. The country's medical expenses are also expected to increase. The Ministry of Health, Labor and Welfare reported ¥41.3 trillion in medical costs in fiscal 2016, and they are expected to increase to ¥57.8 trillion by fiscal 2025, according to the National Federation of Health Insurance Societies.


Oracle opens first innovation hub with a focus on AI

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Dubai: Oracle opened its first innovation hub in the region on Sunday in a bid to cash in on the growing implementation of artificial intelligence (AI) solutions in the UAE. Oracle named the new facility the'Zayed Innovation Hub' and it was inaugurated by Omar Sultan Al Olama, Minister of State for Artificial Intelligence. Arun Khehar, senior vice-president of applications at Oracle Eastern Central Europe, Middle East, Africa, told Gulf News that the whole idea is focused on Dubai Government and Federal Government's stress on emerging technologies like AI, Internet of Things (IoT) and blockchain. "This will be a key contribution to what the government plans to do. The lab will show the power of the technology to businesses, public sector and the academia.


The revolution that Artificial Intelligence is set to spark

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With the power of the human brain increasing manifold, the degree of technological advancement is also correspondingly getting infinite. With Big Data and the Internet of Things (IoT) clearly making its presence felt across several industries, Artificial Intelligence (AI) and machine learning are not far behind. In fact, the future looks to be largely governed by these two forces so much so that several businesses are driving their investment in this direction, banking on the innovative benefits that it promises. AI unfolds itself as a significant game-changer by being a key player in the process of digital transformation for a wide range of industries. In order to understand how AI is culminating to be the next driving force in the technology paradigm, let us understand how it all started and what its primary capabilities are.


AI Has a Foothold in Business, Now for the Next Steps - InformationWeek

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AI is seeping into different industries, slowly remolding the global competitive landscape. However, most business leaders still don't know how machine intelligence will impact their businesses. EY recently published a brief, which focuses the current state of AI. We interviewed Nigel Duffy, EY Global Innovation AI leader who co-authored the document with Chris Mazzei, EY Global Innovation Technologies Leader and Global Chief Analytics Officer. The brief frames the current state of AI well: "Most organizations aren't exploiting the potential of AI; they are just at the beginnings of their AI journeys.


Five Intelligent Ways Wealth Management Marketers Can Use AI

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Many of us hear the words artificial intelligence and immediately think about movies like I, Robot and Terminator with robo-humans taking over the world. AI is rarely the good guy. But how do we actually dig into the subsets of AI and figure out how to leverage this techno-hip phenomenon and use it to our advantage? I've outlined a few easy ways that marketers can leverage AI to make their work more effective, responsive and customized for their audience. Chatbots offer an easy way for clients to begin their online journey with you in a self-directed way without human assistance.