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) …
NICOSIA, Cyprus, March 31, 2020 /PRNewswire-PRWeb/ -- AU10TIX, a global cloud-based, machine learning, ID verification, and authentication platform, recently joined the FIDO Alliance. The FIDO Alliance is a cross-industry coalition developing open, interoperable authentication standards that reduce reliance on passwords with authentication that is more secure, private, and easier to use. "Providing safer and compliant solutions, requires us to be at the forefront of global and local regulation while shaping future policies," said Carey Kolaja, President and Chief Operating Officer, AU10TIX. "AU10TIX is certified under ISO/IEC standard, adheres to SOC and CCPA, and is compliant with GDPR. Our vision is to protect consumer identities by creating secure and seamless transactions for our partners and their customers. Trust is critical as we become more globally-connected, and by joining the FIDO Alliance, we will work alongside industry leaders to directly influence the development of standards that will enable leading businesses to build trust, creating a more inclusive and secure world."
Today, Yusuf Mehdi, Corporate Vice President of Modern Life and Devices, announced the availability of new Microsoft 365 Personal and Family subscriptions. In his blog, he shared a few examples of how Microsoft 365 is innovating to deliver experiences powered by artificial intelligence (AI) to billions of users every day. Whether through familiar products like Outlook and PowerPoint, or through new offerings such as Presenter Coach and Microsoft Editor across Word, Outlook, and the web, Microsoft 365 relies on Azure AI to offer new capabilities that make their users even more productive. Azure AI is a set of AI services built on Microsoft's breakthrough innovation from decades of world-class research in vision, speech, language processing, and custom machine learning. What is particularly exciting is that Azure AI provides our customers with access to the same proven AI capabilities that power Microsoft 365, Xbox, HoloLens, and Bing.
The financial sector generates a lot of valuable data, from individual purchases to large transactions. Given the enormous treasure that all this information holds, expectations of the impact of artificial intelligence (AI) in the banking sector could not be higher. It is anticipated that the industry will save more than $1 trillion by 2030 due to recent developments in AI. Faced with these amazing opportunities, many banks are beginning to take action. But how can they make the most of artificial intelligence?
Human-assisted artificial intelligence platform Engineer.ai The startup with global presence including offices in Los Angeles, London, Delhi NCR, Mumbai, and Tokyo will use the capital to go deeper in engineering operations and drive customer acquisition. Besides, the Sachin Dev Duggal led company is also planning to expand its operations in the Asia Pacific region, especially India, South East Asia including China. Touted as the low code no code AI platform, Engineer.ai'Builder'
Engineer.ai, which uses Artificial Intelligence to help small and mid-sized organisations build their own bespoke software (custom or tailor-made software), has raised a Series A investment of $29.5 Mn, led by Lakestar and Jungle Ventures. The funding round also saw participation from DeepCore -- Softbank's AI-focussed investment fund. Founded by Sachin Dev Duggal and Saurabh Dhoot in 2012, Engineer.ai is a global company with split headquarters in Los Angeles and London, supported by offices in Delhi and Tokyo. The startup was formerly known as SD Squared and was rebranded to Engineer.ai. in June 2018. With over $24M in gross revenue and customers that include BBC, Virgin Group and the San Francisco Giants, Engineer.ai
Artificial intelligence (AI) is now being utilized in every sector these days. Artificial intelligence hs been helping in terms of deriving insights and assisting publishers, marketers, and broadcasters to make informed decisions based on those insights. The newest trend that we have been witnessing is the emergence of Artificial intelligence in video campaign strategy and this is here to stay as the video has a significant effect on people. The revenue derived from video marketing is rising and it is predicted that the industry will reach an estimated $47.89 billion by the year 2022. Video marketing is used as a tool to achive better branding as brands tend to believe that video marketing is a better channel to pass information and advertise their products, efficiently without hassle.
You can be addicted to your Artificial Intelligence (AI) software as much as your favored fortune. And you'll feel rewarding being addicted to your AI. Because they replace the extravagance, inefficiency, and endangerment associated with business operations. Tech Oracle if you ask? Employing AI will lessen human error, mundane tasks, in turn, more time for innovation. This means you print money while remaining effortless.
The direction of technology for the next 15 years is going to be determined by the current generation of millennials. As the first generation to truly grow up with the Internet, there is an ingrained understanding of how technology will help solve problems that were previously considered unsolvable. There is no concept of learning through human interaction or a manual. With millennials preferring to interact with a non-human bot that instantly answers their questions while providing a familiar user-interface. By 2020, consumers will handle 85% of their engagement with businesses without ever interacting with another human being.
Major retailers have a lot of power over vendors. A chain like Walmart (NYSE:WMT) can, for example, go to a medium-sized vendor and ask it to cut prices by 2% or lose some of its shelf space. That's typical and it helps keeps prices low for consumers. It's also challenging to keep track of for a company operating on the scale Walmart does. To help with that, the retail giant has reached a deal to pilot technology from Pactum to help it negotiate contracts with some of its vendors.
The 2010 decade sure had its challenges, but one positive change was the leap in technology capabilities. This holds true not only for consumers, but also for marketers. For example, the proliferation of smartphones with powerful cameras, loads of apps and high-bandwidth mobile networks has changed how we communicate and share ideas. Marketers can promote events on the go, livestream sessions, share pictures and essentially keep people informed -- globally and in real time. In short, we now have a multimedia studio in our hands.