Results


An AI bot operated by Wells Fargo just slapped sell ratings on Google and Facebook

#artificialintelligence

And here comes an AI bot developed by stock analysts at Wells Fargo Securities. According to their note to clients on Friday, reported by Bloomberg, the AI bot promptly slapped a "sell" rating on Google and Facebook. Last month, a group led by Ken Sena, head of Global Internet Analyst at Wells Fargo Securities, introduced this "artificially intelligent equity research analyst" or AIERA. This is in blatant contradiction to Wall Street's human hype machine, which has 42 "buy" recommendations out of 47 ratings on Facebook, according to Bloomberg, and 34 "buy" recommendations out of 41 ratings on Alphabet.


Investors are losing out on billions because tech stocks don't pay dividends

USATODAY

If Alphabet, Amazon and Facebook (along with Berkshire Hathaway) paid shareholder dividends at the 2.37% average yield of other S&P 500 companies that do so, it would shake out another $32.2 billion for investors, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. How to choose a smart speaker More: Here's one way Google envisions search changing for you But don't expect these tech companies to pay a dividend anytime soon. "During the 1990s, tech didn't typically pay dividends and they drove the stock market back then," said Kim Forrest, senior equity analyst at Fort Pitt Capital. The S&P tech sector had a dividend yield of 1.36% during the third quarter, the lowest of the 11 sectors and well below the overall S&P 500 of 1.97%, according to Silverblatt.


BCS Technology Launches Machine Learning-Based Chatbot Solution to Drive Customer Insights

@machinelearnbot

BCS Technology, a Global IT company headquartered in Australia providing end to end solutions in big data and analytics, announced the launch of their chatbot solution -- Interactive Social Airline Automated Companion (ISAAC) built on Cloudera's modern platform for machine learning and analytics optimized for the cloud -- Cloudera Enterprise. The solution combines the use of modern big data analytics technologies and natural language processing (NLP) by leveraging Microsoft's LUIS framework and the Cloudera Enterprise platform. "With Cloudera's machine learning and advanced analytics technology at the core of ISAAC, businesses can now use data to gain valuable insights, make accurate business decisions faster and deliver better products and services to enhance their customers' experiences. With the exponential growth of BCS and big data, a new subsidiary named ML Labs has formed, specialising in providing machine learning and deep learning algorithm solutions to clients looking to begin their journey through big data and analytics.


We Were Kings (Or When Things Went To Zero)

#artificialintelligence

My bleak forecast does not stem from the notion behind the common fintech (financial technology) and insurtech (insurance technology) industry pitch that they will change their respective industries with innovation and better customer experiences, although I firmly believe that some of the startups will cause significant pain to the incumbents and will indeed change their respective industries. These organizations will use their customers and employees to sell banking and insurance solutions, and the big financial institutions will become at best dumb pipes. What is terrifying to imagine is a situation in which tech giants or other big companies provide financial service solutions at or below production costs. The new competitors would not need to earn money and could even afford to lose money in offering financial solutions if these features entice customers and new potential clients to use the companies' core offerings.


NVIDIA's Processors May Soon Power Wal-Mart's Deep Learning Push @themotleyfool #stocks $WMT, $NVDA

#artificialintelligence

Recently, analyst Trip Chowdhry of Global Equities Research wrote in an investor note that Wal-Mart Stores (NYSE:WMT) will ramp up its focus on deep neural networks for its OneOps cloud business and that the retailer will tap NVIDIA's (NASDAQ:NVDA) graphics processing units (GPUs) to make this happen. Deep neural networks, and the broader deep learning segment, are part of a growing artificial intelligence market. Additionally, NVIDIA said in its second-quarter fiscal 2018 report that it forged new partnerships with Microsoft, Google, Tencent, IBM, Baidu, and Facebook to help them bring new deep learning and artificial intelligence services online. Aside from NVIDIA's deep-learning total addressable market, adding more of these customers is important, because the company's data center revenue segment (which includes GPU sales for deep-learning technologies) is becoming a larger part of the business.


Facebook Courts Video Makers for 'Watch' Tab With Financial Incentives

Wall Street Journal

Many of those media companies poured resources into online video in the hopes that big advertising budgets will follow, but it has been harder to realize those ambitions without the second of the two big tech giants fully in the marketplace. "We foresee increasing spend on the platform provided Facebook can demonstrate consumer interest," said Bryan Wiener, executive chairman of digital media agency 360i. In some cases publishers are pitching show ideas to Facebook complete with estimates of episode length and production costs, and Facebook is choosing which individual shows it is willing to help finance, according to people familiar with publishers' discussions. For many publishers, creating content for Watch isn't a significant departure from the way they already create video content for Facebook's news feed or for other video platforms such as YouTube.


AI Weekly: Walmart's machine learning advantage

#artificialintelligence

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. Even as President Donald Trump assails news coverage of his administration, his election has reminded America's citizenry of the value of a vigorous and[…] Bark.us saves teens' lives by using AI to analyze their online activity The analysis of the words people use in chat environments can help businesses make money and improve the customer service experience for consumers. At Bark.us, however, analysis of 500 million messages has so far helped save the lives of 25 kids […] How Walmart uses AI to serve 140 million customers a week Old dogs can always learn new tricks, provided they are smart enough and have the right tools. Founded in 1962 -- a generation or so before ecommerce giants like Amazon -- Walmart has 11,700 stores and 140 million weekly shoppers in 28 countries around the world.


Facebook now uses Caffe2 deep learning for the site's 4.5 billion daily translations

#artificialintelligence

Facebook announced today that it has started using neural network systems to carry out more than 4.5 billion translations that occur each day on the backend of the social network. Translations carried out with recurrent neural networks (RNNs) were able to scale with the use of Caffe2, a deep learning framework open-sourced by Facebook in April. We got an efficiency boost of 2.5x, which allows us to deploy neural machine translation models into production," the Caffe2 team said in a blog post. "To remedy this and build our neural network systems, we started with a type of recurrent neural network known as sequence-to-sequence LSTM (long short-term memory) with attention," software engineers Necip Fazil Ayan, Juan Miguel Pino, and Alexander Sidorov, members of Facebook's Applied Machine Learning team, said in a blog post.


Facebook builds natural language processing into Messenger VentureBeat Bots

#artificialintelligence

Facebook today launched Messenger Platform 2.1 with new features to give developers and brands more ways to reach potential customers, like built-in natural language processing, a payments SDK, and a global beta that makes it easier to switch between automated bots and the humans behind 70 million businesses on Facebook. In a separate post from Wit.ai today, the company announced it will discontinue its Bot Engine for NLP. Also with Messenger Platform 2.1, a new software development kit launches today to enable payments in Messenger webview. Bot discovery was the emphasis for Messenger Platform 2.0, with features like the Discover Tab to allow Messenger staff to pick featured bots; chat extensions to make Messenger bots available in group chats; and M Suggestions to suggest bots based on the words used in a Messenger conversation.


AI Weekly: Musk and Zuck are missing the point - techsqrd.com

#artificialintelligence

Tesla CEO Elon Musk and Facebook CEO Mark Zuckerberg had a little tit-for-tat this week over artificial intelligence. Aiqudo today announced it has raised a $5.2 million funding round. Vicarious, which is working on narrowing the gap between human and artificial intelligence, announced today that it has raised $50 million in a round led by Khosla Ventures. Mr Musk tweeted: "I've talked to Mark about this.