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) …
ZeBrand announces the launch of its web-based platform, zebranding.com, The company solves a crucial pain point for businesses by offering a new way for startups to generate complete branding toolkits, onboarding packages, and commercial visuals, in record time, and supports business owners and startup founders who have a limited budget to hire a branding agency which could easily cost between $5,000 and $200,000. ZeBrand gives, both, startups and established companies on more modest budgets a way to bypass expensive branding agencies and brand designers in mere minutes, through their refined A.I. algorithm. "Most companies are aware of the importance of good branding, however, many lack the necessary resources to execute complete brand identity, which is then reflected in their growth," says Ryo Kikuchi, Chief Executive Officer at ZeBrand. "We would like to make whole brand development and identity easy and available for everyone, regardless of their background or budget."
As AI is increasingly incorporated into our workplaces and daily lives, it is poised to fundamentally upend the way we live and work. Concern over this looming shift is widespread. A recent survey of 5,700 Harvard Business School alumni found that 52% of even this elite group believe the typical company will employ fewer workers three years from now. The advent of AI poses new and unique challenges for business leaders. They must continue to deliver financial performance, while simultaneously making significant investments in hiring, workforce training, and new technologies that support productivity and growth.
The award recognizes two of Veritone's innovative AI solutions, IDentify and Redact Veritone Inc. (NASDAQ: VERI), the creator of the world's first operating system for artificial intelligence, aiWARE, today announced that Business Intelligence Group has named Veritone as a winner in the 2020 Artificial Intelligence Excellence Awards program for its applications Veritone IDentify and Veritone Redact, both of which are powered by Veritone's aiWARE platform. "We are honored to be recognized as a top provider of AI solutions, particularly for our turnkey applications for law enforcement agencies, IDentify and Redact," said Jon Gacek, Head of Government, Legal and Compliance at Veritone. "For the last several years, our team has worked hard to provide innovative tools to accelerate workflows, save costs and valuable resources, and protect the public. This award aligns with the traction we are getting in the market and represents a huge milestone and great recognition for our team. We are excited to continue to bring innovative, pragmatic AI solutions to the table for these important sectors."
Don't do that: Rather, accelerate business transformation efforts now to put yourself in better position after the pandemic passes, say experts and CIOs. "You have to avoid the tendency to slash and burn your transformation and revert back to your traditional working model, which is human nature," Steve Bates, global leader of KPMG's CIO center of excellence, tells CIO.com. From the dot-com bust to 9-11 to the 2008 financial crisis, disruptions have stymied digital strategies. CIOs even have a cost-cutting playbook that starts with hardware haircutting and elimination of new projects, according to Forrester Research. But organizations that contained costs during past disruptions felt pressure from companies that took a pro-investment approach when the global economy rebounded.
In a briefing on Monday, research leaders across tech, academia and the government joined the White House to announce an open data set full of scientific literature on the novel coronavirus. The COVID-19 Open Research Dataset, known as CORD-19, will also add relevant new research moving forward, compiling it into one centralized hub. The new data set is machine readable, making it easily parsed for machine learning purposes -- a key advantage according to researchers involved in the ambitious project. In a press conference, U.S. CTO Michael Kratsios called the new data set the "most extensive collection of machine readable coronavirus literature to date." Kratsios characterized the project as a "call to action" for the AI community, which can employ machine learning techniques to surface unique insights in the body of data.
Report Scope: The scope of this report is broad and covers the global markets for artificial intelligence, which is increasingly being implemented across a wide range of industries for various applications.The market is broken down by solution, end-user industry, technology and region. Revenue forecasts from 2019 to 2024 are presented for each type, technology, end-user industry, and regional market. The report also includes a discussion of the major players in each regional market for artificial intelligence.It explains the major market drivers of the global market, current trends in the industry and the regional dynamics of the artificial intelligence market. The report concludes with detailed profiles of major vendors in the global artificial intelligence industry. Report Includes: - 88 tables - An overview of the global market and technologies for artificial intelligence (AI) - Analyses of market trends, with data from 2018, 2019 and projections of compound annual growth rates (CAGRs) through 2024 - Discussion on market drivers, restraints, current trends and investments in artificial intelligence market - Knowledge about machine learning, natural language processing (NLP), context aware computing and computer vision - Assessment of current market size, market forecast, and market share analysis of the leading suppliers of the industry - Information on mergers & acquisitions, partnerships, and expansion in artificial intelligence market - Detailed profiles of key companies in the industry, including Amazon, Cisco Systems Inc., Facebook Inc., General Electric, Intel Corp., Microsoft Corp., Oracle Corp., Salesforce Inc., and Samsung Electronics Co. Ltd.
PHILADELPHIA--(BUSINESS WIRE)--The Business Intelligence Group today announced that Kneron was named a winner in its Artificial Intelligence Excellence Awards program. Kneron is a leading on-device edge artificial intelligence (AI) company based in San Diego, California. Kneron provides complete end-to-end integrated hardware and software solutions that enable on-device edge AI inferencing in mobile devices, personal computers, and IoT use cases including smart home devices, surveillance, payments, and smart cars. Their solutions augment cloud-based AI to accelerate AI inferencing on any device. As the entire on-device edge AI industry is still emerging, Kneron's early investment and commercialization of its technology have positioned it in a leadership position to enable AI adoption in mass-market devices.
Enterprise service management startup Espressive raised $30 million for its Series B round, the company announced Wednesday. Espressive uses artificial intelligence to automate help desks for employee inquiries. Insight Partners led the Series B round, with participation from previous investors General Catalyst and Wing Venture Capital. The new funding will be used to improve the Santa Clara, California-based company's Natural Language Processing engine and Barista Employee Language Cloud (ELC), according to a statement from Espressive. The ELC learns new phrases, topics, phrase structures and synonyms as employees ask it questions.
AKVIS announces the release of Magnifier AI 10.0! The new version uses artificial neural networks and machine learning groundbreaking image enlargement technologies. The update also offers full compatibility with macOS Catalina and Adobe 2020 and other changes. AKVIS Magnifier AI is efficient image resizing software. It allows blowing up images into supersize prints without loss in quality.
In 2016, Seattle-based startup Turi Inc. was helping almost 100 customers create and manage software that uses machine learning, a powerful type of artificial intelligence. Its technology was so promising that Apple Inc. snapped it up for $200 million. The deal was a triumph for investors and founders, but one backer thought Turi -- and the broader tech industry -- might be better off if the startup had spurned Apple's advances. Matt McIlwain, managing director at Madrona Venture Group, said it's important that at least some emerging tech businesses remain independent, rather than falling into the arms of Apple, Amazon.com "It is economically beneficial to society to have more stand-alone, independent companies. We generally think that's better than just having these companies consolidated into larger ones," McIlwain said.