Press Release


Ford's 2Q Profit Better Than Expected Despite CEO Turmoil

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Total revenue rose 1 percent to $39.85 billion. The elevated performance in the second quarter was due mostly to a lowering of the company's corporate tax rate, from 30 percent down to 10 percent, Chief Financial Officer Bob Shanks acknowledged. But analysts pointed out that with the lower tax rate, that likely means a lower full-year net income than the $9 billion Ford previously guided. Ford Credit's revenue rose 7 percent to $2.7 billion in the quarter.


Artificial Intelligence Market Size to Reach $ 35,870 Million by 2025: Grand View Research, Inc.

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Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The two major factors enabling market growth are emerging AI technologies and growth in big data espousal. Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. Thecompany provides syndicated research reports, customized research reports, and consulting services.


Crushing the old economy: Robotics, artificial intelligence fund has tripled the Dow this year

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The Global X Robotics and Artificial Intelligence ETF (BOTZ) is up 30 percent this year and the ROBO Global Robotics and Automation Index (ROBO) is up 25 percent. The upward trend in robotics and artificial intelligence stocks is one proponents say, in the long-term, could top the so-called FANG stocks -- Facebook, Amazon.com, Each FANG stock has rallied 20 to 50 percent this year and the companies are increasingly focused on using technologies such as artificial intelligence, or AI, to develop their businesses. That jump in assets under management makes BOTZ the youngest fund in Global X's top 10 largest funds, according to Jay Jacobs, director of research and vice president at Global X Funds. "Google is betting on the right long-term trends (Google, AI, AR, VR)," Munster said in a note from his new firm Loup Ventures, a venture capital firm focused on artificial intelligence, robotics, virtual reality and augmented reality.


DXWorldExpo to Sponsor @CloudExpo #AI #DX #IoT #FinTech #SmartCities #DigitalTransformation

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With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo, October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation. With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo @ThingsExpo, October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-4, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation. Join Cloud Expo @ThingsExpo conference chair Roger Strukhoff (@IoT2040), October 31 - November 2, 2017, Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, for three days of intense Enterprise Cloud and'Digital Transformation' discussion and focus, including Big Data's indispensable role in IoT, Smart Grids and (IIoT) Industrial Internet of Things, Wearables and Consumer IoT, as well as (new) Digital Transformation in Vertical Markets. The upcoming 21st International @CloudExpo @ThingsExpo, October 31 - November 2, 2017, Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY announces that its Call For Papers for speaking opportunities is open.


Your Robot Vacuum Cleaner Will Soon Collect And Sell Data About You And Your Home

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That vision has its fans, from investors to the likes of Amazon, Apple and Alphabet, who are all pushing artificially intelligent voice assistants as smart home interfaces... Angle told Reuters that iRobot, which made Roomba compatible with Amazon's Alexa voice assistant in March, could reach a deal to sell its maps to one or more of the Big Three in the next couple of years. Especially in the cell phone era when every step you take is collected, tracked, monetized and sold by cellular companies, app makers, and every advertising and metric company in between. But there's an awful lot of data these robots collect that you may not particularly want shared, and our proud tradition of overlong, convoluted terms of service traditionally won't make that clear.


SoftBank bags stake in Roomba maker IRobot as part of tech grab: sources

The Japan Times

SoftBank has built a less than 5 percent stake in IRobot, below the amount that would require a regulatory disclosure in the U.S., the people said, asking not to be identified because the purchase was private. Shares in IRobot rose 22 percent in late trading in New York. Earlier this month, the Vision Fund led a $114 million investment in San Diego-based artificial-intelligence firm Brain Corp., which develops self-driving technology for robots. Revenue rose 23 percent to $183.1 million, exceeding analyst estimates, while net income climbed to $7.9 million.


CNAS Launches Artificial Intelligence and Global Security Initiative

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The Center for a New American Security (CNAS) today announced a major new project, the Artificial Intelligence and Global Security Initiative. "We are at the beginning of a new industrial revolution powered by artificial intelligence," said Paul Scharre, Director of the CNAS Technology and National Security Program, who will lead the Initiative. The Artificial Intelligence and Global Security Initiative will explore how AI will change conflict and power, and provide recommendations for policymakers to cope with the changes ahead." In addition to producing articles, reports, and briefings for key audiences, the Artificial Intelligence and Global Security Initiative will host a large, all-day conference on artificial intelligence in the fall.


American Institute of Artificial Intelligence and AppTek Partner to Power the A.I. Revolution: Aligning Academic Excellence with Business Results – American Institute of Artificial Intelligence

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For Immediate Release: American Institute of Artificial Intelligence (AiAi) and AppTek announced their alliance to offer education and solutions in artificial intelligence. "Given our focus in Applied A.I., we offer unparalleled business acumen, and AppTek's technology becomes a natural platform to launch so many new products and help various areas of business and government," Al Naqvi added.


Institute announces strategic partnership with human capital specialists, Leathwaite. – American Institute of Artificial Intelligence

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American Institute of Artificial Intelligence (AiAi) announces alliance with Leathwaite to help provide business executives with A.I. education, research, and solutions, AiAi is the world's only institute that is devoted to developing business and government leaders to shape and lead the artificial intelligence revolution. Through outstanding applied research, education, and practice, AiAi creates leaders who specialize in artificial intelligence centric business strategy and management, who inspire innovation and push the boundaries of possibilities, and who do it ethically and responsibly. With a leading reputation for delivering exceptional executive search, executive interim, management consultancy and market intelligence solutions, Leathwaite is seen as a partner of choice for some of the world's most innovative and ambitious companies.


CrowdFlower expands to help companies implement machine learning

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CrowdFlower, a company that helps customers build AI systems by providing them with training data, announced today that it's getting into the business of helping companies implement machine learning. It could help existing customers get unstuck with a system that isn't working, assist businesses that have already implemented one machine learning system get started with something completely new, and also get brand new customers started with implementing AI. This doesn't mean that CrowdFlower is abandoning its work providing companies with training data -- quite the contrary. Monica Rogati and Adrian Weller -- both veterans of the machine learning ecosystem -- will give CrowdFlower input on its technology and product strategy, as well as advising the company on developments in the AI ecosystem at large.