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) …
SAN JOSE, CA--(Marketwired - Oct 14, 2016) - Technology leaders AMD, Dell EMC, Google, Hewlett Packard Enterprise, IBM, Mellanox Technologies, Micron, NVIDIA and Xilinx today announced a new, open specification that can increase datacenter server performance by up to 10x, enabling corporate and cloud data centers to speed up big data, machine learning, analytics, and other emerging workloads. Servers and related products based on the new standard are expected in the second half of 2017. The new standard, called OpenCAPI and released today by the newly formed OpenCAPI Consortium, provides an open, high-speed pathway for different types of technology -- advanced memory, accelerators, networking and storage -- to more tightly integrate their functions within servers. This data-centric approach to server design, which puts the compute power closer to the data, removes inefficiencies in traditional system architectures to help eliminate system bottlenecks and can significantly improve server performance. OpenCAPI sets a new standard for the industry, providing a high bandwidth, low latency open interface design specification built to minimize the complexity of high-performance accelerator design.
Samsung has agreed to acquire Viv, an AI and assistant system co-founded by Dag Kittlaus, Adam Cheyer and Chris Brigham -- who created Siri, which was acquired by Apple in 2010. The three left Apple in the years after the acquisition and founded Viv in 2012. Pricing information was not available, but we'll check around. Viv has been billed as a more extensible, powerful version of Siri. Viv will continue to operate as an independent company that will provide services to Samsung and its platforms.
September 21, 2016 -- NEW YORK – LexisNexis Legal & Professional today announced its intent to acquire privately held Intelligize, Inc., provider of the industry standard for U.S. Securities and Exchange Commission (SEC) intelligence. The acquisition would expand the LexisNexis securities and M&A offering with new content, innovative tools and analytics while complementing the capabilities of the company's existing securities solution, Lexis Securities Mosaic . Closing of the transaction is subject to certain customary conditions. Based in Reston, VA, Intelligize provides a leading analytics solution enabling legal, academic and business professionals to efficiently mine data and insights from SEC filings, M&A contracts, transactional agreements and corporate governance documents. This enables customers to streamline compliance processes, benchmark peer disclosures, clearly identify market standards, draft documents based on SEC filed precedent and clear SEC reviews in an efficient manner.
SAN FRANCISCO--(BUSINESS WIRE)--Today Seal Software unveiled a new version of its leading contract discovery and analytics solution: Version 5.0. The new version introduces "Analyze This Now" (ATN), an add-in for Microsoft Word that allows business users to leverage Seal's powerful contract data extraction and review capabilities from within the familiar MS Word interface in order to shorten contact cycle times, reduce risk and lower processing costs. The release also extends Seal's machine learning framework and interface so Seal's technology can be used by business users to train the system for complex data extractions, improving extraction speed, accuracy and shortening time-to-value. "Seal Version 5.0 was developed with business users in mind, allowing them to easily harness the power of Seal without extensive education or resources. We want those closest to the business objectives in procurement, legal, M&A, and sales to use our system without extensive training and data management skills," said Ulf Zetterberg, co-founder and CEO of Seal Software.
HENDERSON, Nev.--(BUSINESS WIRE)--Quertle LLC has developed the first artificial intelligence and visual analytics big data (BioAI) platform for biomedical drug discovery. This platform combines machine learning, neural networks, and other AI methods to improve discovery and insight. The BioAI platform includes predictive visual analytics that accelerate search and discovery from the literature, enable discovery of documents that are otherwise overlooked and improve drug discovery. The AI-powered visualizations summarize an entire set of documents, detect trends and uncover hidden connections. Biomedical literature is the foundation of the 5 trillion health care market, serving as the basis for drug discovery, medical device opportunities, marketing decisions and direct health care.
Southfield, MI, June 2016 – Stefanini, a 1B global IT provider, announced today that the company is launching Sophie, its artificial intelligence platform with the ability to turn data into valuable solutions. Aware of the latest trends, Stefanini has invested and developed this platform over the last 3 years as a Research & Development and pilot project for clients in Brazil, and now, the company is launching the platform in the United States. "We are very proud to introduce Sophie for our clients in North America, reinforcing Stefanini's commitment to connect people and technology innovations with a goal to create business value," said Antonio Moreira, Stefanini CEO, North America and Asia Pacific. "Our artificial intelligence platform can improve the end-user experience and deliver smarter and more efficient services," affirmed Mr. Moreira. Technology research firm Gartner forecasts that by 2017, autonomics-based managed services and cognitive platforms will fuel a significant reduction in the cost of IT services by automating repetitive tasks currently tackled by humans.
Oracle Corp. has acquired Israeli machine-learning Big Data startup Crosswise, Inc. The price of the acquisition was not officially disclosed but is believed to be 50 million according to local media. Founded in 2013, Crosswise provides an authoritative consumer device map to ad tech vendors, consumer brands, and premium publishers. The company's platform combines data science, Big Data and machine learning, to identify which PCs, phones, tablets, digital TVs and other connected devices are being used by individual consumers; by applying advanced data science and proprietary machine-learning techniques to this data, Crosswise constructs a new probabilistic Device Map matching multiple devices to individual users in an accurate, scalable and high-quality manner. According to Crosswise, the benefits in being able to provide this data is that it allows marketers and premium publishers to deliver advertising, personalization and analytics across different sorts of devices.
WIRE)--How do our brains learn and understand the world? That question is of paramount importance to both neuroscientists and technologists who want to build intelligent machines. It has been understood for over a hundred years that the inputs and outputs of the brain are constantly changing sequences of patterns and therefore learning and recalling sequences must be a fundamental operation of neurons. Numerous proposals have been made for how neural networks might learn sequences. However, these proposals did not match the anatomy and function observed in the brain.
LONDON--(BUSINESS WIRE)--According to the latest research study released by Technavio, the global FinTech investment market is expected to grow at a CAGR of over 53% until 2020. This research report titled'Global FinTech Investment Market 2016-2020', provides an in-depth analysis of market growth in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all leading regions. "FinTech companies seek new means to store, analyze, and search vast amounts of data. Such analysis is anticipated to help them segment customer populations, identify opportunities for new products and services, and optimize pricing mechanisms.
A good friend recently told me that it takes a special kind of nerd to appreciate what Google's AlphaGo did to international Go champion Lee Sedol: a nerd that is both a Go nerd and a computer nerd. For Go nerdiness, I am recently enamored with the massively complex game that has exponentially more outcomes and dimensions than chess. As for the tech nerdiness, many of us assumed that after DeepBlue beat Kasparov in chess, any other game was a foregone conclusion. But actually, it's taken twenty years for a computer to rise to the level of top-ranked Go players, because high-level Go incorporates less calculation of a limited set of future outcomes and far more intuition. Challenges like this are not just an interesting competition.