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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) …

How AI Startup TextIQ Got Profitable By Shaving Millions Off Customers' Legal Costs

Forbes - TechFeb-1-2017, 17:00:23 GMT

Apoorv Agarwal says his software TextIQ's job is to spot a needle in a haystack – but a costly one. Make a mistake in discovery during litigation, and a company can face sanctions of tens or hundreds of millions of dollars, he says. Like other startups, TextIQ's raised funding to solve that problem. Unlike others, TextIQ is profitable. And for its first outside funding, it's taking only about $3 million from top investor Floodgate and a group of veteran legal counsels in a seed round its founders say could be the only money it ever needs.

artificial intelligence, customer, textiq, (17 more...)

Forbes - Tech

Country: North America > United States (0.31)

Industry:

Law > Litigation (0.75)
Government > Regional Government > North America Government > United States Government (0.31)

Technology: Information Technology > Artificial Intelligence (0.51)

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