Goto

Collaborating Authors

acquisition


How artificial intelligence (AI) will help Autodesk expand in the metaverse

#artificialintelligence

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. For the 40-year-old Autodesk -- known for its design and creation software (including AutoCAD) used by professionals in industries including architecture, engineering, construction, manufacturing and entertainment -- artificial intelligence (AI) has become a must to help boost creativity and collaboration. "A common theme is helping the designer," said Tonya Custis, director of artificial intelligence research at Autodesk, whose team includes 15 AI research scientists based in San Francisco, Toronto and London. But AI will also help Autodesk expand in the metaverse. According to Custis, Autodesk's use of AI is also helping to tackle challenges around "geometry understanding" -- to help contextualize the geometric world around us -- which will be "super-important" as the metaverse expands, in terms of speeding up animation and CGI processes, as well as in architecture and engineering.


Reddit to acquire Spell, a machine learning platform

#artificialintelligence

Reddit announced it would buy Spell, a platform for running machine learning (ML) experiments, for an undisclosed amount. Spell, founded in 2016 by Serkan Piantino, a former Facebook engineer, provides cloud computing solutions to allow anyone to run resource-heavy ML experiments without the high-end hardware that would typically be necessary. The firm defines its mission as pursuing the best possible platform for anyone looking to develop robust, reliable, and safe software using AI and ML. The social media platform Reddit currently uses ML for the Discover Tab and personalized recommendations. The firm also leverages the technology for its targeted advertising and safety work.


Pinterest acquires AI-powered shopping startup The Yes, co-founded by former Stitch Fix exec – TechCrunch

#artificialintelligence

As Pinterest sets its eyes on improving the online shopping experience on its platform, the company announced this afternoon it's acquiring the AI-powered shopping service for fashion known as The Yes, founded by e-commerce veteran and former Stitch Fix COO Julie Bornstein and technical co-founder, Amit Aggarwal. Deal terms were not disclosed, but the acquisition will help to establish a new strategic organization within Pinterest to help drive the company's shopping efforts, including the development of features for both shoppers and retailers, the company says. The Yes arrives at a time when Pinterest is attempting to navigate a shift in how people shop online. While users once relied on Pinterest's pinboard of images to find inspiration, today, they're more drawn to creator content, video and highly personalized feeds. The Yes may be able to help with the latter, given the technology it runs under the hood.


Katharina McFarland on Winning in the Age of Artificial Intelligence

#artificialintelligence

Katharina McFarland has led change in a wide array of national security domains including Space, Missile Defense, Acquisition and Nuclear Posture. She is a former Assistant Secretary of Defense for Acquisition (ASD(A) and a former Assistant Secretary of the Army for Acquisition, Logistics and Technology (ASAALT). She currently serves on several corporate boards and as a member of the National Academies of Science. She was also named as a Commissioner of the National Security Commission on Artificial Intelligence, a group chartered by Congress to examine the national security issues around AI. In this OODA Salon we will hear directly from her on a range of topics, focusing on actions we can take to improve the application of AI to national security while protecting privacy and our way of life.


Synamedia Acquires Utelly To Boost Synamedia Go's Content Discovery Capabilities

#artificialintelligence

Synamedia, the world's largest independent video software provider, announced the acquisition of Utelly, a UK-based privately-owned content discovery platform provider with products targeted at the entertainment industry. Its offerings include metadata aggregation, search and recommendations, as well as content management and a content promotion engine. Its SaaS-based technology is already pre-integrated with the Synamedia Go video platform and will now be embedded in the Go.Aggregate add-on pack to solve one of the major challenges viewers face: finding content across TV and apps on any screen. Utelly's technology achieves this through metadata aggregation, intelligent asset linking, AI and machine learning. By unifying data and using AI to enrich sparse data sets, Utelly provides customers with search and recommendations that enhance viewers' content discovery experiences.


John Deere closes in on fully autonomous farming with latest AI acquisition

#artificialintelligence

John Deere is announcing the acquisition of a state-of-the-art algorithm package from artificial intelligence startup Light. For those of you wondering when driverless vehicles will truly begin to make their mark on society, the answer is: today. Up front: No, you won't be seeing green tractors rolling themselves down city streets anytime soon. But the timeline for fully autonomous farming is being massively accelerated. Today's purchase is all about John Deere's need for speed -- and accuracy, but first let's talk about rapid development.


Driving Intelligence in Power Management through Digitalization & IoT - Express Computer

#artificialintelligence

In this decade of 21st century, world is seeing very different challenges in the power management in Power Generation, transmission, distribution & consumption. As most of the countries are taking on challenges on sustainability goals, there is significant Energy Transition happening towards more & more GREEN energy. Lot more sources of energy like Wind, Solar are becoming more viable and being adopted. However, this has put a clear expectation on adding intelligence into the existing products & solutions to manage this transition as well as adopting new digital software-based solutions. With the rapid advancement in the IoT & Cloud infrastructure, creating this intelligence is now feasible and economically viable.


Nuance partners with The Academy to launch The AI Collaborative

#artificialintelligence

Nuance has partnered with The Health Management Academy (The Academy) to launch The AI Collaborative, an industry group focused on advancing healthcare using artificial intelligence and machine learning. Nuance became a household name for creating the speech engine recognition engine behind Siri. In recent years, the company has put a strong focus on AI solutions for healthcare and is now a full-service partner of 77 percent of US hospitals and is trusted by over 500,000 physicians daily. Earlier this year, Microsoft acquired Nuance with the promise of ushering in a "new era of outcomes-based AI". Microsoft is also active in the healthcare space and its acquisition of Nuance was investigated by regulators over concerns it may reduce competition.


The metaverse space race will be visible from Wall Street

#artificialintelligence

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. The past 12 months have taught us that the metaverse is regarded by many as the next major frontier for tech. The furor caused by Facebook's conspicuous rebranding to Meta has shown that the 21st century's biggest technological space race will be fought on the battlegrounds of Wall Street -- but the stock market has also helped to identify some of the forgotten players that will be integral to the mechanics of this brave new world. The race for the metaverse is a unique prospect for the 21st century, primarily because there is little understanding of what such a revolutionary mixed reality digital space will actually look like in practice -- or how businesses will be looking to capitalize on the new technology. So, who will succeed in profiting the most from the metaverse?


Square Enix sells its western studios and hits such as Tomb Raider for $300m

The Guardian

The Japanese gaming company behind Final Fantasy is selling off three studios, including the rights to hit franchises including Tomb Raider, in a $300m (£240m) deal. Tokyo-based Square Enix has sold US-headquartered Crystal Dynamics and Canada-based Eidos Montreal and Square Enix Montreal to the Nasdaq-listed Swedish gaming group Embracer. The deal includes the intellectual property (IP) rights to games such as Tomb Raider, which has sold more than 88m units, Deus Ex, Thief and Legacy of Kain. It also includes 50 back catalogue games and will add 1,100 staff to Embracer, taking its global headcount to more than 14,000. "We are thrilled to welcome these studios into the Embracer family," said Lars Wingefors, co-founder and group chief executive at Embracer.