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) …
Artificial intelligence startup Peritus.ai has raised $2 million (Rs 12 crore) in funding from early-stage venture capital firm Ideaspring Capital and early-stage fund The Hive, a company statement said. The firm will use the money to strengthen its development team in India, it said in the statement. Based in California, US, Peritus.ai Inc. was founded by Santhosh Srinivasan and Kamesh Raghavendra in 2017 with support from The Hive, which incubates startups and focuses on applications of AI in the enterprise segment. "We are looking forward to help from Ideaspring for support in building and guiding our development team in India," said Srinivasan, co-founder and vice president for engineering at Peritus.ai. The company automates professional services, support delivery and incident resolution for data centres.
AI Incorporated, Canada's pioneering robotics and artificial intelligence research company, is working on a design for an autonomous refuse receptacle robot. A new application for mobile robotics, the new AI enhanced robotic system allows for a continuous cycle of mobile robotic devices to work in order to provide the end user with unending service. With this new application in mobile robotics, the company plans to use its Simultaneous Localization and Mapping (SLAM) technology combined with deep learning and to pioneer in a new generation of robots. The autonomous refuse receptacle robot is an application for the company's Versatile Self Localizing Autonomous Platforms (VSLAP). This new robot proprietary software called the Quantum Slam Operating System helps companies mobilize any given machine.
Samsung Electronics has acquired a 100% stake in artificial intelligence (AI) startup Kngine, the company announced today. The San Francisco based startup specialises in an AI search engine that understands, answers questions and perform actions. This is the second AI startup acquisition by Samsung in the last four months. In late November 2017, the company had acquired Korean AI startup Fluenty, which also specialises in conversational AI. Set up in 2013 in Egypt, Kngine is an intelligent engine that can be used to automate customer service, power voice interfaces and drive enterprise search.
See the GTC session schedule. Major sponsors include Facebook, IBM, Cisco, Dell EMC, Google Cloud, Hewlett Packard Enterprise, Inspur, Lenovo and Supermicro. Show attendees can vote for the world's top AI startups at NVIDIA's Inception Awards Finale on Tuesday, March 27, from 4:30-5:30 pm Pacific time. NVIDIA Deep Learning Institute certified instructors will deliver more than 100 hours of training to thousands of data scientists, using the latest AI frameworks and software development kits. Two Global Impact Award winners will receive $200,000 in prizes for their pioneering work addressing important social and humanitarian problems using GPU computing.
"As the Institut d'entrepreneuriat Banque Nationale–HEC Montréal's early partner, it was natural for us to extend our support to CDL-Montreal, which brings together new businesses at the cutting edge of technology and artificial intelligence. Supported by a team of entrepreneurs, scientists and angel investors, these businesses will be in an exceptional development environment that promotes all types of innovation," says Louis Vachon, President and CEO of National Bank. "And supporting new tech companies like this provides abundant rewards in terms of knowledge development and social and economic vitality."
Elon Musk has put a lot of thought into the harsh realities and wild possibilities of artificial intelligence (AI). These considerations have left him convinced that we need to merge with machines if we're to survive, and he's even created a startup dedicated to developing the brain-computer interface (BCI) technology needed to make that happen. But despite the fact that his very own lab, OpenAI, has created an AI capable of teaching itself, Musk recently said that efforts to make AI safe only have "a five to 10 percent chance of success."
The burgeoning artificial intelligence field could add $957 billion to the Indian economy, according to research released by Accenture in a report entitled "Rewire for Growth." It predicts AI has the potential to add 1.3 percent to India's growth rate of gross value added, increasing income 15 percent by 2035.
Capital One, one of the top 100 America's 100 largest banks, has acquired a machine learning technology startup, Notch. Notch is a technology startup that applies machine learning and software implementation to deliver unique solutions to customers. The startup was founded in 2014 by Paul Hurlocker and David Der. "We're thrilled to announce we were acquired by Capital One! Our team is joining their Center for Machine Learning & looks forward to the great things we'll do together using machine learning and opensource technology – to make them a leader in both," the company said in a Twitter post. Notch was acquired 15 months after Capital One created an in-house "Center for Machine Learning."