forbes


AI 50: America's Most Promising Artificial Intelligence Companies

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Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak. But for all the authentic and exciting ways it's transforming the tasks computers can perform, there's a lot of hype, too. As Jeremy Achin, CEO of newly minted unicorn DataRobot, puts it: "Everyone knows you have to have machine learning in your story or you're not sexy." The inherently broad term gets bandied about so often that it can start to feel meaningless and can be trotted out by companies to gussy up even simple data analysis. To help cut through the noise, Forbes and data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so. One makes robots that can whir around shoppers to help workers restock shelves. Another scans recruiting pitches for unconscious bias. A third analyzes massive data sets to make street-by-street weather predictions. To be included on the list, companies needed to show that techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to "understand" written or spoken language), or computer vision (which relates to how machines "see") are a core part of their business model and future success. Find all the details on our methodology here.


AI 50: America's Most Promising Artificial Intelligence Companies

#artificialintelligence

Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak. But for all the authentic and exciting ways it's transforming the tasks computers can perform, there's a lot of hype, too. As Jeremy Achin, CEO of newly minted unicorn DataRobot, puts it: "Everyone knows you have to have machine learning in your story or you're not sexy." The inherently broad term gets bandied about so often that it can start to feel meaningless and can be trotted out by companies to gussy up even simple data analysis. To help cut through the noise, Forbes and data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so. One makes robots that can whir around shoppers to help workers restock shelves. Another scans recruiting pitches for unconscious bias. A third analyzes massive data sets to make street-by-street weather predictions. To be included on the list, companies needed techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to "understand" written or spoken language), or computer vision (which relates to how machines "see") to be a core part of their business model and future success. Find all the details on our methodology here.


AI 50: America's Most Promising Artificial Intelligence Companies

#artificialintelligence

Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak. But for all the authentic and exciting ways it's transforming the tasks computers can perform, there's a lot of hype, too. As Jeremy Achin, CEO of newly minted unicorn DataRobot, puts it: "Everyone knows you have to have machine learning in your story or you're not sexy." The inherently broad term gets bandied about so often that it can start to feel meaningless and can be trotted out by companies to gussy up even simple data analysis. To help cut through the noise, Forbes and data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so. One makes robots that can whir around shoppers to help workers restock shelves. Another scans recruiting pitches for unconscious bias. A third analyzes massive data sets to make street-by-street weather predictions. To be included on the list, companies needed techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to "understand" written or spoken language), or computer vision (which relates to how machines "see") to be a core part of their business model and future success. Find all the details on our methodology here.


Enterprise AI Trends: Where are We Now and Where are We Going?

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Is there more to AI than automation and data processing? And now that some of the more basic functions of AI have matured, we're going to see a sharp increase in the sophistication of AI, as it becomes more and more human. The following is a brief look at where the enterprise is when it comes to AI, and where we're about to start heading. These are the enterprise AI trends making headlines. As I noted above, there are some basic functions of AI that most companies have already adopted, and that we as users can feel confident about when it comes to functionality.


120 million people may need retraining to work with AI - Software Testing News

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Companies could potentially have to retrain employees to work with AI and keep up with the forecasted $97.9 billion (£79 billion) that this market is expected to reach by 2023, Forbes reports. It's predicted that as many as 120 million workers across 12 of the world's biggest economies may have to be re-educated because of the impact that AI is having on firms. This information is taken from numerous surveys and studies, according to American business magazine, Forbes. Analysing the data, it was found that just 41% of CEOs believe their staff has the skills and resources to execute the correct business strategies. Which is why so many people are opting for AI instead.


Former Cisco CEO Says AI Will Have Bigger Impact Than The Internet

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John Chambers, founder and chief executive officer of JC2 Ventures LLC, stands for a photograph following a Bloomberg Technology Television interview in San Francisco, California, U.S. John Chambers, who just turned 70, prefers to take any stage at a run. In his tech trendy uniform--blue blazer, designer jeans, checked shirt, and blue boat shoes--he still exudes the physical energy of his successful tenure as CEO at Cisco Systems, which he grew from an annual revenue of $2.2 billion in 1995 to $49 billion in 2015 when he stepped down. Today Chambers runs his own boutique investment firm, JC2 Partners, in Palo Alto, California. He prefers to call himself a mentor to startup CEOs rather than a venture capitalist. When he's not in Silicon Valley he can often be found in India, where he advises Prime Minister Narendra Modi's government on digital transformation and the economy.


Formulate a Digital Marketing Strategy Using AI

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It has been quite a while since AI was introduced to the world. At first, there was an outburst of conspiracies about robots being able to talk, and thus we (as humans) were going to control of the world. The news was all about those Facebook tests and their AI chatbots' particular language. The internet was starting to seem like a place of discomfort for many -- despite all the benefits. But today, using artificial intelligence to formulate a digital marketing strategy is smart business.


YouTube Using AI to Help Remove Video Deemed Offensive; Meanwhile Recommendation Engine is Challenged - AI Trends

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You Tube needs to employ AI to help process the 300 hours of video uploaded to the platform every minute by its users. This processing includes removing video deemed inappropriate by YouTube's standards. Some 8.3 million videos were removed from YouTube in the first quarter, 76 percent of those identified and flagged by AI automatically, according to an account in Forbes. Of those, more than 70 percent were never viewed by users. While the AI system is able to review more content than humans, full-time human specialists work with the AI, which of course is not foolproof.


Why Every Business Owner Should Adopt An AI Approach

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If your company doesn't tap into these powers, your competitor will. CEOs and boards, take note. Artificial intelligence is the most transformative business trend in the world today. Hold on, you say--AI is not a new idea. In the 1940s the great mathematician and code breaker Alan Turing predicted that digital computers in the future would be capable of logical reasoning.


Why Every Business Owner Should Adopt An AI Approach

#artificialintelligence

If your company doesn't tap into these powers, your competitor will. CEOs and boards, take note. Artificial intelligence is the most transformative business trend in the world today. Hold on, you say--AI is not a new idea. In the 1940s the great mathematician and code breaker Alan Turing predicted that digital computers in the future would be capable of logical reasoning.