Today, Amazon and the Max Planck Society announced that they intend to enter into a strategic collaboration to promote research in the field of artificial intelligence (AI). Amazon plans to build an Amazon Research Center adjacent to the campus of the Max Planck Institute for Intelligent Systems in Tuebingen. As part of the Cyber Valley initiative, the new center intends to bring together international key players from science and industry to concentrate their research activities in the field of AI. Amazon plans to invest 1.25 million Euro over the coming years to fund research groups in Tuebingen's Cyber Valley tech initiative. Cyber Valley was launched in December 2016 and focuses on AI research, such as robotics, machine learning and computer vision.
Earlier this year, Forbes included Expert System in the list of companies forging the next generation of Artificial Intelligence systems. "The impact of AI in the near future will be even more decisive," said Stefano Spaggiari, CEO, Expert System. "Artificial Intelligence allows companies to overcome the purely'numerical' management of data by adding the ability to understand and manage information in a way that captures the maximum business value." Keynote speaker Boris Evelson, VP and Principal Analyst, Forrester Research, noted that one of the most important macro-applications of Artificial Intelligence in the business world is for understanding and making use of the incredible volumes of information that companies already collect. In fact, the current rate of growth in the adoption of AI technologies is comparable to a'tsunami'.
The dataset of scans is from more than 30,000 patients, including many with advanced lung disease. The NIH Clinical Center recently released over 100,000 anonymized chest x-ray images and their corresponding data to the scientific community. The release will allow researchers across the country and around the world to freely access the datasets and increase their ability to teach computers how to detect and diagnose disease. Ultimately, this artificial intelligence mechanism can lead to clinicians making better diagnostic decisions for patients. NIH compiled the dataset of scans from more than 30,000 patients, including many with advanced lung disease.
Canada is celebrating a technological milestone after its first official self-driving car test on public roads last week. The street test was conducted in Ottawa's west end using technology developed by Blackberry. The city of Ottawa announced a partnership with Blackberry's QNX team, the operating system arm of the company which is developing self-driving vehicle software. "With support from BlackBerry QNX and its Autonomous Vehicle Innovation Center and by working closely with all our partners, we are facilitating smart initiatives and research, and fuelling innovation and job creation in Ottawa," said the city's mayor, Jim Watson in a press release. The test was not run in real-life conditions as the roads were closed during the demonstration.
WASHINGTON – Federal investigators have opened their first probe of a midair collision between a civilian drone and a traditional aircraft. An Army UH-60 helicopter was flying east of Staten Island on Sept. 21 when it collided with a small, consumer Phantom 4 drone, the National Transportation Safety Board said in a press release Thursday. The Federal Aviation Administration, which is assisting the investigation, has logged more than 1,000 reports of drone safety incidents, including cases of the devices flying close to jetliners. DJI is assisting the NTSB investigation, the company said in an emailed statement.
Ranked #20 on the 2017 CNBC Disruptor 50 list, SparkCognition has established itself as an AI technology leader. SparkCognition is a leader in the field of artificial intelligence and this collaboration will help ensure that the British Army continues to stay at the cutting edge of evolving technologies." The Defense and Military teams of SparkCognition recently gained new leadership with Wendy R. Anderson joining as General Manager of Defense. About SparkCognition SparkCognition is a global leader in cognitive computing analytics.
Tesla Motors announced its bid to buy SolarCity, a solar power company where Tesla CEO Elon Musk is also the top shareholder. A preliminary investigation has begun for a fatal car crash involving a Tesla Model S.According to the National Highway Traffic Safety Administration, the electric model sedan had Autopilot mode engaged when a driver was killed. Tesla shares are lower in Wednesday's trading session after the company's shareholder meeting revealed that not every Tesla car owner will have free access to the company's Superchargers. Shares of Tesla are moving lower in after-hours trading on Wednesday after the electric car maker said it would sell more stock to raise money to ramp up production of the Model 3.
The Federal Aviation Authority passed an order restricting the unauthorized use of drones over the Statue of Liberty and other such landmarks, adding to the existing list of no-fly zones for drones in the United States. "At the request of U.S. national security and law enforcement agencies, the Federal Aviation Administration (FAA) is using its existing authority under Title 14 of the Code of Federal Regulations (14 CFR) § 99.7 – "Special Security Instructions" – to address concerns about unauthorized drone operations over 10 Department of the Interior (DOI) sites, including the Statue of Liberty and Mount Rushmore," FAA said in its press release Thursday. To ensure the general public is aware of these restrictions, FAA has issued an interactive online map that is available on both its website and its B4UFLY app. The legislation, if passed, would not only regulate but even help make the usage of drones more efficient since users will be clear on how they can use the drones more effectively, and manufacturers would be able to regulate and impose restrictions such as geo-fencing at their end.
SANTA CLARA, Calif., and JERUSALEM, Aug. 8, 2017 -- Intel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) today announced the completion of Intel's tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. Mobileye will support and build on both companies' existing technology and customer relationships with automakers, tier‑1 suppliers and semiconductor partners to develop advanced driving assist, highly autonomous and fully autonomous driving programs. Based on information provided by the American Stock Transfer & Trust Co., LLC, the depositary for the tender offer, a total of 187,882,291 Mobileye ordinary shares (excluding Mobileye ordinary shares tendered pursuant to guaranteed delivery procedures), representing approximately 84 percent of the outstanding Mobileye ordinary shares, had been validly tendered and had not been validly withdrawn as of the expiration of the initial offering period (excluding 26,424,016 ordinary shares, representing approximately 12 percent of the aggregate number of ordinary shares outstanding, tendered pursuant to guaranteed delivery procedures that have not yet been delivered in settlement or satisfaction of such guarantee). Information about Intel can be found at newsroom.Intel.com Mobileye N.V. is the global leader in the development of computer vision and machine learning, data analysis, localization and mapping for Advanced Driver Assistance Systems and autonomous driving.
This acquisition will further expand its suite of capabilities that deliver an enhanced customer experience and security. This advanced technology delivers greater insights from every transaction to assist in making even more accurate fraud decisions. Brighterion's unique Smart Agent technology will be added to Mastercard's advanced suite of security products already using artificial intelligence. For additional information on other factors related to Mastercard's overall business that could cause Mastercard's actual results to differ materially from expected results, please see the company's filings with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2016 and any subsequent reports on Forms 10-Q and 8-K.