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) …
Segmentation of Cognitive Computing market on the basis of technology: -Natural Language Processing (NLP): Natural language processing is used to process the human language in such a manner that a computer system can understand and interpret it. Majority of cognitive computing service providers such as IBM Corporation, Microsoft, and Google are based in North America region itself and they are also investing in the field of cognitive computing of local market. IBM Corporation, Microsoft Corporation, Google, Palantir Technologies, Cognitive Scale, Enterra Solutions, and Numenta are some the leading players of global cognitive computing market. About Persistence Market Research Persistence Market Research (PMR) is a market intelligence company, providing global business information reports and services.
Microsoft will increase its use of artificial intelligence (AI) in order to improve the company's products, chief executive Satya Nadella said when revealing the tech giant's latest financial results. The company behind the Windows PC software reported revenue of 24.1 billion US dollars (£19.1bn) in the three months to December 31, up on the 23.8 billion dollars (£18.9bn) it generated in the same period last year, an increase driven by the firm's cloud-based products, Nadella said. Since taking over as chief executive in 2014, Nadella has shifted Microsoft's focus to its cloud business and software and away from hardware including smartphones. Microsoft said its cloud services around Microsoft Office, including Office 365 which gives customers access to the likes of Word, Excel and PowerPoint anywhere, saw a revenue rise of 47% in the last quarter among business customers, while the number of consumer users also rose to 24.9 million.
Business analytics software provider FusionOps has launched a platform that uses artificial intelligence (AI) to identify opportunities to improve supply chain performance for customers such as manufacturers and enterprise corporations, the company said Tuesday. The new "cognitive applications" product is an extension of Mountain View, Calif.-based FusionOps' existing suite of supply chain solutions, which use database analysis and machine-learning tools to help companies improve their forecasts, control costs, and hone inventory levels. The new suite comes in three main parts, with a search feature and a cognitive application to be available in Q4 2016 and a supply chain actions tool arriving later in 2017. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please?Subject Feedback -: FusionOps launches artificial intelligence tool for supply chain" contact Chief Editor David Maloney.
Dave Limp: The device business is less about building hardware for customers and more about building services behind that hardware. The second one--and again we're a little more public about it now--but four or five years ago when we were envisioning Echo, AWS [Amazon Web Services] was a little bit more obfuscated. I would tell you that the first couple of Fire TV press releases that we wrote, that were previous versions before we launched it, didn't make it through the sort of green-lighting process of a new product. And it wasn't until the same speech team that does Echo figured out how to get voice search on Fire TV working really well--highly accurate--that we had the epiphany that that was enough differentiation to kind of green light that product.
TOKYO, Nov 29, 2016 - (ACN Newswire) - Fujitsu today announced it has developed five Zinrai-related services that are being rolled out incrementally in Japan, helping customers accelerate their use of artificial intelligence. These services are based on the company's foundation of AI technology and knowledge, and are part of the "Human Centric AI Zinrai" framework, Fujitsu released November 2015. Fujitsu is positioning these services on its FUJITSU Digital Business Platform MetaArc, which works to accelerate the business innovation of customers. The services being introduced are FUJITSU AI Solution Zinrai Platform Service, which offers 30 AI functions in API(1) form, developed in over 300 AI-related projects and field trials; FUJITSU AI Solution Zinrai Deep Learning, a deep-learning platform service that implements the world's fastest class of deep-learning processing; and FUJITSU AI Solution Zinrai Consulting Service, FUJITSU AI Solution Zinrai Integration Service, and FUJITSU AI Solution Zinrai Operations Service, for total support to customers on AI, from consulting to deployment and operations. Zinrai Platform Service and Zinrai Deep Learning are combined with consulting, deployment, and operations services so that customers can quickly build high-quality, high-performance AI-based business systems. Fujitsu regards AI as a core technology that can accelerate digital innovation, and continues to develop technologies in the field. Also, by applying the cutting-edge technologies it has accrued by developing supercomputers, the company aims to push technological transformations even further, helping customers to transform their existing operations and create new businesses.
The Digital Hydro Plant complements GE's Digital Wind Farm, Digital Power Plant for Gas and Digital Power Plant for Steam, enhancing power generation reliability, efficiency, cybersecurity and profitability – targeted to reduce maintenance costs by up to 10%, increase plant availability by as much as 1% and boost revenues by up to 3%. ACQUISITIONS OF BIT STEW SYSTEMS, WISE.IO ACCELERATE DIGITAL INDUSTRIAL TRANSFORMATION GE Digital announced it has acquired Bit Stew Systems to bring its data intelligence capabilities to Predix and other industrial solutions. Wise.io's deep machine learning expertise – combined with GE Digital's existing data science talent and massive portfolio of industrial assets – will advance GE's Digital Twin capabilities and solidify its role as a leader in industrial machine learning. This news follow GE's recent acquisition of ServiceMax, a leader in cloud-based field service management solutions, which enables GE Digital customers to immediately gain more productivity from their assets and find greater efficiency in their field service processes.
The release continues, "FinTech Studios' cloud-based intelligent information network seamlessly integrates FinTech apps, news, research, financial data and big-data analytics from dozens of cloud partners. FinTech Studios targets millions of investors, portfolio managers, research analysts, bankers, brokers, financial advisors, RIAs, traders and corporate executives at banks, brokerage firms, asset management firms, hedge funds, financial advisory firms, private equity firms and venture capital firms, as well as public and private companies… FinTech Studios cloud platform includes advanced machine learning, artificial intelligence and natural language processing technology to automate the intelligent indexing of business and financial content from millions of web sites, blogs and online sources integrated with actionable market data, research and big-data analytics to simplify and enrich information discovery, research, analysis, workflow and collaboration."
Graphics chipmaker Nvidia blew past its third quarter earnings targets Thursday after the bell. Our GPU deep learning platform runs every AI framework, and is available in cloud services from Amazon, IBM, Microsoft and Alibaba, and in servers from every OEM. GPU deep learning has sparked a wave of innovations that will usher in the next era of computing," he said. Last November Nvidia unveiled its hyperscale data center platform for deep learning with the goal of encouraging developers to build networks and smart apps rooted in artificial intelligence techniques.
Before we begin, we must caution you that some of today's remarks, including our guidance, our strategy, our competitive position, future business prospects, revenue, bookings, market opportunities, as well as statements made during the question-and-answer session, contain forward-looking statements. The growing excitement around algorithms, artificial intelligence and machine learning highlights the power for data-science to drive modern commerce. Real-time dynamic pricing, quoting and offers are essential to creating personalized and friction as customer experiences expected in modern commerce and data-science is the key to unlocking it. To simplify their customer experience, the company waned pricing that we both personalized for customer and prescriptive for their sales reps. With our deep industry experience, improving data-science made our cloud based price guidance edition a right fit.