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) …
"Attracting Venture Capital for Dummies" is a best seller. The book states on page one, the Venture Capitalists (VCs) goal in life is to find cybersecurity unicorns. Much like a Cyndaquil Pokemon, unicorns have common traits and in order to attract VCs you must exhibit the commonalities of said unicorns. And for bonus points, require lots of data scientists. This is one of the two prerequisites that venture capitalists use to gauge Unicornness.
The boss of a Manchester-based data analytics and artificial intelligence firm believes it has the potential to become a tech unicorn. Richard Potter is the chief executive of Peak, which secured £2.5 million in a Series A funding round led by London-based venture capital firm MMC Ventures in September. The firm has since unveiled a new website and brand identity which places a stronger focus on its AI and machine learning offering. In an interview with BusinessCloud, Potter said the company's ambition is to be a global technology champion in the AI and data analytics-as-a-service space. "Specifically for what we do, we think it's a nascent market with no other operators in this space because we're offering a service powered by our own technology platform," he said.
Denmark's Saxo Bank, a licensed and regulated bank, develops technologies in online trading, including web and mobile platforms for trading multiple asset classes. Valued at $1.1 billion with $771.8 million in total funding, OVH offers hosting solutions for web, dedicated, and cloud platforms. Valued at $1.1 billion and with $565.47 million in funding, the company works to bring online fashion to emerging markets. Previously featured in our list of 9 Hot Cybersecurity Startups, Avast has taken $100 million in funding and turned it into protection for over 400 million people online, offering digital security software for Android, PC, and Mac.
This time, you'll fire up Apple's new TrueDepth camera, and a suite of technologies--flood illuminator, infrared camera, front-facing camera, and dot projector--will project and analyze 30,000 dots across your visage, creating a high-resolution map of your facial features. As he thumbed through the iOS Messages app, Federighi's face became a clucking chicken, a neighing unicorn, and a chattering dung pile. Using the phone's TrueDepth camera, Apple can track more than 50 muscle movements, and overlay those features onto the animal emoji you know and love--that includes the fox, the unicorn, and yes, the pile of poop. Last year, Apple acquired a company called Emotient, which uses facial tracking software to analyze and predict human emotion.
A lot, and I mean very many SEO specialists try their best to optimize websites for SEO, write unique content, find guest post opportunities from highly authoritative websites and so on and so forth. Moral of the story is to assign keyword research and optimization to AI. Human SEO specialists bring customer-oriented approach to the work, making sure that the content achieves its desired result. In the meantime, human SEO specialists make sure that the content is 100% unique and communicates the message that we want in order to boost sales.
Natural Language Processing (NLP) technologies can help to break down the barriers to widespread use of data analytics by making complex analytics possible to just about anyone, regardless of their technical ability. They might not want to take three or four years out to learn advanced computer science and statistics, and with the advances in cognitive computing that won't be necessary. In big data analytics, reporting the insights we've gleaned from analyzing large amounts of messy data sets is the crucial "last step" of the process – and it's often a step which causes us to stumble. But one program, called Quill, takes the trend a step further, producing text-based reports that explain the data clearly and concisely.
Chinese artificial intelligence start-up SenseTime has completed a US$410 million series B round, in what the company calls the largest private financing rounds ever closed by an AI start-up globally. The round includes two portions: a series B1 round, which was led by Chinese private equity firm CDH Investments, and a B2 round led by Chinese investment firm Sailing Capital. Nearly 20 investors including China International Capital Co., Co-Stone Capital, China Merchants Securities International, Morningside Venture Capital, Everbright-IDG Industrial Fund, Advantech Capital, Zhongping Guoyu Asset Management, Huarong International Financial Holdings Ltd., TCL Capital and Infore Group also participated in the latest deal. With offices in Beijing, Shenzhen and Hong Kong, SenseTime previously completed a series A financing round led by IDG Capital, according to today's statement.
Deep learning, machine learning, automation and robotics are creating a seismic shift across organizations. Just as 100 years ago electricity transformed industry after industry, AI will now do the same." Adapting means leaders and employees need to hone their creative abilities, as well as leadership and strategic thinking skills, to develop innovative organizations that incorporate the impact of these emerging technologies. I would also reach so far as to suggest their emotional intelligence needs work to thrive in an AI environment.
Everyone is buzzing about the impact of AI on work, and many leaders feel insecure about what it will mean in terms of their own career development and roles. Deep learning, machine learning, automation and robotics are creating a seismic shift across organizations. "We're now living in an age where [deep learning is] going to be mandatory for people building sophisticated software applications," according to Frank Chen, a partner at venture capital firm Andreessen Horowitz, who was quoted in a recent Fortune article. Soon, he notes, people will demand, "'Where's your natural-language processing version?'
Instead these unicorns are involved in cutting-edge computational research such as artificial intelligence, sequencing or virtual reality, or are in risky, unproven areas. Those that are in the business of developing human therapeutics are working in the as-yet unproven field of mRNA - Moderna Therapeutics and Curevac. Human Longevity, co-founded by Craig Venter, aims to build a vast database of human genomic data and subject it to machine learning to help scientists develop therapies against diseases of old age. Oxford Nanopore Technologies says its sequencing technology is faster and cheaper than its rivals', potentially opening up emerging markets - not a bad strategy in times when budgets remain squeezed (Oxford Nanopore squares up to Illumina's sequencing might, December 12, 2016).