Anaconda Inc. announced today it is leveraging Docker containers and Kubernetes clusters to accelerate the development of AI applications built and deployed using graphical processor units (GPUs) from NVIDIA. Previously, Anaconda added support for Docker and Kubernetes to version 5.0 of Anaconda Enterprise, a commercially supported instance of an open source platform for developing, governing and automating data science and AI pipelines on Intel processors. A version 5.2 of Anaconda Enterprise extends that platform to add support for GPUs. Matthew Lodge, senior vice president of products and marketing at Anaconda, says that training AI applications has been proven to be significantly faster on GPUs. But over time, developers of AI applications will be employing a broad range of algorithms across Intel processors, GPUs, field programmable gate arrays and new classes of processors such as the TPU processors developed by Google, which are designed specifically for AI applications.
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. Their products are deployed by some of the world's largest financial institutions. The company develops and applies innovative machine-learning technologies to big data to predict financial, economic, and world events. The team is a group of passionate technologists, mathematicians, data scientists and programmers in Silicon Valley with over 100 patents to their names.
Willis Towers Watson, a leading global advisory, broking and solutions company, and Relativity6, Inc., a machine learning and artificial intelligence (AI) insurance-technology company, today announced that Willis Towers Watson has selected the Relativity6 platform to predict and optimise customer retention and win-back. Brent Lehmann, General Manager Affinity & Commercial Australasia said the partnership with such an innovative technology company will help to ensure Willis Towers Watson remains competitive in the marketplace. "Relativity6's product offerings are a good fit to accomplish our strategic objectives across the organisation, so we are very excited to partner with them to take full advantage of the data that we have accumulated within our core systems in Australia." Alan Ringvald, Chief Executive Officer at Relativity 6, commented: "We are honoured to partner with such a distinguished organization. We believe that our solution will enable Willis Towers Watson to better serve their customers and ultimately drive significant top line revenue growth.
Tamr today announced that it has raised $18 million in venture capital to help it grow its business, which is focused taking a "machine-driven, human-guided" approach to taming messy data. The funding round, which was Tamr's fourth, brings the five-year-old Cambridge, Massachusetts company's total funding to $59.4 million, according to Crunchbase. It will be the company's last, Tamr co-founder and CEO Andy Palmer told the Boston Business Journal. Tamr, which originated as a research project in co-founder Mike Stonebraker's graduate class at the Massachusetts Institute of Technologies, was spun out of MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) in 2014 with a novel approach to data preparation. The company subsequently emerged from stealth later that year to enter the market for data preparation software, which Gartner says attracts $780 million per year in spending.
Fractal Analytics, (http://www.fractalanalytics.com), a global leader in AI solutions that power human decision-making in Fortune 500 companies, today announced the launch of ai.now, a brand new conference focused on how Fortune 500 businesses can better leverage artificial intelligence for their organizations. The half-day event, which includes a number of sessions and roundtable discussions, will take place on Wednesday, July 18, 2018 at the One World Trade Center in New York City. Fractal Analytics' ai.now is the only industry event of its kind, designed to help Fortune 500 attendees from a wide-range of industries - CPG, financial services, healthcare, insurance, telecom, and retail - learn how to practically implement artificial intelligence for their business. Ford will explore how AI and automation will usher in a new era of man and machine collaboration, with a realistic view of what the future of work, and our place in it, will look like, from education to law, agriculture to healthcare, management and beyond. "As investments in AI, machine learning and data science surge among Fortune 500 companies, they are seeking ways to realize and maximize the full potential of these new technologies," said Pranay Agrawal, Co-founder & CEO, Fractal Analytics.
WASHINGTON--(BUSINESS WIRE)--Jul 10, 2018--The following is an opinion editorial provided by Naveen Rao of Intel Corporation. This press release features multimedia. Naveen Rao was the founder of Nervana and is now corporate vice president and general manager of the Artificial Intelligence Products Group at Intel Corporation. Most people agree that artificial intelligence (AI) will transform modern society in positive ways. From autonomous cars that will save thousands of lives, to data analytics programs that may finally discover a cure for cancer, to machines that give voice to those who can't speak, AI will be known as one of the most revolutionary innovations of mankind.
WASHINGTON--(BUSINESS WIRE)--The following is an opinion editorial provided by Naveen Rao of Intel Corporation. Most people agree that artificial intelligence (AI) will transform modern society in positive ways. From autonomous cars that will save thousands of lives, to data analytics programs that may finally discover a cure for cancer, to machines that give voice to those who can't speak, AI will be known as one of the most revolutionary innovations of mankind. But this fantastic future is a long way off, and the path to get us there is still under construction. Never before has society undertaken such a significant transformation so deliberately, and no blueprints exist to guide us.
Planck Re announces their first funding round of $12M to empower commercial insurers by generating insights that streamline the commercial underwriting process – enabling insurers to instantly and accurately underwrite any policy. The round was led by Arbor Ventures and includes Viola FinTech and Eight Roads. Founded in 2016, Planck Re is pioneering the commercial insurance data industry, providing an Artificial Intelligence (AI) driven data platform. Leveraging deep industry expertise and breakthrough data science, Planck Re streamlines the commercial underwriting process by aggregating small and medium businesses' digital footprint to help insurers acquire a comprehensive understanding of customer risk. The end result is a frictionless underwriting process with greater insurance carrier visibility into risk factors, leading to improved conversion, retention and reduced loss ratios.
Deal will add pricing optimization and forecasting replenishment to supply chain software suite, JDA says. Supply chain technology firm JDA Software Group Inc. today said it has acquired the German artificial intelligence provider Blue Yonder GmbH, in a move it said would allow its Luminate platform of software products to generate more automated decisions and forecasts. Scottsdale, Ariz.-based JDA launched its Luminate platform in May, saying the platform would extend existing JDA applications by using artificial intelligence (AI) and advanced analytics to improve users' ability to predict consumer demand and deliver faster fulfillment. Adding additional AI and machine learning capabilities from the new acquisition will allow JDA users to generate autonomous, profitable business decisions and use their supply chains as a competitive advantage, particularly in the areas of pricing optimization and forecasting replenishment, JDA said. JDA did not disclose the terms of the deal, saying the acquisition had not yet closed.
ThetaRay, a big data analytics company based in Hod HaSharon, Israel, today announced that it raised more than $30 million in a funding round led by Jerusalem Venture Partners (JVP), GE, Bank Hapoalim, OurCrowd, SVB Investments, and others. That puts its fundraising total to date at about $60 million. "In this era when criminal activity and money laundering are increasing and becoming more sophisticated and also regulation is on the rise, there is a greater demand for our solutions," Mark Gazit, CEO of ThetaRay, said in a statement. "As the amount of digital information grows, you just can't protect it without artificial intelligence systems. ThetaRay offers the most advanced and mature solutions to detect threats before they happen."