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) …
Facility to open in early 2020 and focus on accelerating digital transformation in the industry, and upskilling the workforce with AI. Abu Dhabi, United Arab Emirates – Microsoft today announced that it will open an AI Centre of Excellence for Energy in the United Arab Emirates – a global first for the company – to empower organisations in the industry in accelerating digital transformation, equipping the workforce with AI skills, as well as collaborating on coalitions to address sustainability and safety challenges. The company revealed its plans at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2019, held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi. Supported by partners that include ABB, Accenture, AVEVA, Baker Hughes, C3.ai, Emerson, Honeywell, Maana, Rockwell Automation, Schlumberger, and Sensia, the Microsoft AI Centre of Excellence is expected to open in early 2020. The centre will support organizations to accelerate their digital journeys and drive innovation through active engagements with leading technologies and industry partners, as well as equipping the workforce with necessary AI readiness towards closing the skills gaps and enhancing employability.
NIWA and Microsoft Corp. are teaming up to make artificial intelligence handwriting recognition more accurate and efficient in a project that will support climate research. The project aims to develop better training sets for handwriting recognition technology that will "read" old weather logs. The first step is to use weather information recorded during a week in July 1939 when it snowed all over New Zealand, including at Cape Reinga. NIWA climate scientist Dr. Andrew Lorrey says the project has the potential to revolutionise how historic data can be used. Microsoft has awarded NIWA an AI for Earth grant for the artificial intelligence project, which will support advances in automating handwriting recognition.
Agency business models are changing. Whether it's building out new capabilities with emerging tech or helping clients get to grips with the current paradigm shifts of big data, personalisation and digital transformation, agencies are playing a bigger role than ever in brand disruption and innovation. Underpinning all of this change is the rapid development of cloud technologies. How agencies take advantage of cloud and integrate it into their products and services will determine their success or failure in this brave new world. Join Wirehive and the Microsoft Azure team to understand how agencies can work directly with Microsoft and the wider partner network to take advantage of the end-to-end capabilities of the Microsoft Cloud.
Microsoft intends to significantly simplify how people find organizational information through internal knowledge networks. It's via new technology set to appear next year, revealed as Project Cortex. If Project Cortex works as Microsoft envisions, it will streamline, or in many cases eliminate, the need for individuals to interrupt their work to search for internal information. Project Cortex, introduced at this month's Microsoft Ignite conference in Orlando, Florida, was a stealth effort in the works for more than two years. Project Cortex also promises to give Microsoft's vast partner ecosystem much to digest going into 2020, particularly as customers look to utilize it to enhance their collaboration and employee productivity efforts and Microsoft begins offering training and enablement for partners.
History exists so that man could learn from his mistakes, It's been around five years have passed since Microsoft's $7 billion ill-fated acquisition of Nokia's smartphone business, and now after learning too many lessons, both the tech champions are coming together yet again. Microsoft has announced a strategic collaboration with Nokia to accelerate transformation and innovation across industries with Cloud, Artificial Intelligence (AI) and Internet of Things (IoT). "Bringing together Microsoft's expertise in intelligent cloud solutions and Nokia's strength in building the business and mission-critical networks will unlock new connectivity and automation scenarios," Microsoft Azure Executive Vice President Jason Zander said in a statement. "We're excited about the opportunities this will create for our joint customers across industries." The new partnership combines Microsoft's expertise in Cloud Computing and Artificial Intelligence with Nokia's 5G private wireless and mission-critical networking prowess.
"Our research team at Qwant works at the cutting edge of AI to quickly deliver the best possible results on our users search queries while ensuring the results are neutral, impartial and accurate. We see millions of searches each day for images alone. One of the latest AI innovations that we are implementing is a new class of image recognition model called ResNext, to improve our accuracy and speed when delivering image search results. We have been working closely with Microsoft and Graphcore to use IPU processor technology in Azure and are seeing a significant improvement – with 3.5x higher performance - in our image search capability using ResNext on IPUs, out of the box. There is huge potential for innovation with Graphcore IPUs on new machine intelligence models and we are working on these approaches to refine our search results so that we can deliver exactly what our customers are looking for."
New advances in technology have pushed many sectors, including finance, to start their digital transformation. Some of the emerging FinTech trends today promise to save time and eliminate headaches from the industry, such as fraudulent activity. The change, driven by breakthroughs in artificial intelligence (AI) and machine learning, will transform the financial services landscape and forever change the future of FinTech. And those who want to remain competitive will need to reinvent their business processes as quickly as possible. Although the adoption of AI tech in finance is accompanied by several challenges, Microsoft's Accelerating Competitive Advantage with AI report reveals that global AI investments in the financial sector will reach a value of $5.6 billion in 2019.
The oil and natural gas industry is turning to artificial intelligence technology to save billions of dollars in maintenance and production costs. Houston oilfield services company Baker Hughes, tech giant Microsoft and Silicon Valley artificial intelligence company C3.ai have signed an agreement to develop and deploy the technology for industry customers around the globe, the companies said Tuesday. In the oil field, artificial intelligence technology is being used to compile massive amounts of data transmitted by sensors and so-called smart equipment, look for patterns, make predictions and inform decisions by operators. "Companies that adopt this technology will be the next Amazon, and those that don't adopt will be the next Sears," Tom Siebel, C3.ai founder and CEO, said in an interview. Baker Hughes and C3.ai launched a joint venture in June to deploy artificial intelligence in the oil patch.
The biggest tech companies want you to know that they're taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants doesn't spill over to the dark side. But their efforts to assuage concerns that their machines may be used for nefarious ends have not been universally embraced. Some skeptics see it as mere window dressing by corporations more interested in profit than what's in society's best interests. "Ethical AI" has become a new corporate buzz phrase, slapped on internal review committees, fancy job titles, research projects and philanthropic initiatives. The moves are meant to address concerns over racial and gender bias emerging in facial recognition and other AI systems, as well as address anxieties about job losses to the technology and its use by law enforcement and the military.
Microsoft (NasdaqGS:MSFT), Baker Hughes Company (NYSE:BKR) and AI software provider C3.ai, have allied to bring enterprise artificial intelligence solutions to the energy industry on Microsoft Azure. According to the press release, the alliance "leverages the significant energy technology expertise of Baker Hughes, C3.ai's proven AI platform and applications, and the Microsoft Azure cloud computing platform" to "streamline the adoption of scalable AI solutions for the energy industry that help promote safety, reliability, and sustainability". "We are witnessing a massive market shift as oil and gas businesses undergo enterprise-level digital transformation to improve efficiencies and increase safety, while simultaneously reducing environmental impact. With Microsoft's global reach and horizontal cloud platform, Baker Hughes's technology domain expertise, and C3.ai's industrial AI capabilities, organizations can rapidly improve core business operations and better serve customers with AI-enabled products and services. This strategic alliance is a complete game-changer for the industry."