At last month’s RE•WORK Deep Learning in Finance Summit in London, leading AI industry practitioners and academics from prestigious universities discussed their research, provided insights on business trends and real-life AI applications, and addressed current challenges facing the AI industry as a whole.
China’s computer vision company SenseTime today announced it had raised a staggering US$600 million in Series C funding, setting a world record for an AI company and bringing its value to an estimated US$4.5 billion to make it the world’s most valued AI startup.
When the NBA’s Golden State Warriors decided to favour three-pointers over two-point shots in 2016, the winning strategy sent a shockwave through professional basketball. This was a “data-driven decision” based on higher score probability, explains Alex Martynov.
Hikvision AI Cloud is a distributed structure incorporating cloud computing and edge computing. Launched last year, it can extend an AI algorithm from the cloud centre to an edge network of on-premises video recorders and servers, and further to edge devices, such as security cameras.
The Age of Discovery began in the 15th century, when Europeans built their first oceangoing vessels and set out to explore the world. Whether motivated by political, economic or cultural factors, human exploration has traditionally been driven by technological progress.
Chip giant NVIDIA Founder and CEO Jensen Huang created a bit of a stir at yesterday’s GPU Technology Conference in Santa Clara, USA, when he appeared to dis one of these chips’ appropriateness for autonomous vehicle system development: “FPGA is not the right answer,” he said.
Crown Prince and Chairman of the Board of Trustees of the Dubai Future Foundation Sheikh Hamdan officially opened the 4th edition of the Dubai Future Accelerator (DFA) on March 24th at Dubai’s Emirates Towers. The program aims to boost tech development across the United Arab Emirates.
Embedded AI can transform a tabletop speaker into a personal assistant; give a robot brains and dexterity; and turn a smartphone into a smart camera, music player, or game console. Traditional processors, however, lack the computational power to support many of these intelligent features.
As Facebook struggles with fallout from the Cambridge Analytica scandal, its research arm today delivered a welcome bit of good news in deep learning. Research Engineer Dr. Yuxin Wu and Research Scientist Dr. Kaiming He proposed a new Group Normalization (GN) technique they say can accelerate deep neural network training with small batch sizes.
Founded in 2014 by international business lawyer Noory Bechor and machine learning guru Ilan Admon, LawGeex is a Tel Aviv-based legal tech startup focused on contract review. It closed US$7 million in Series A funding last March, principally from Indeed.com owner Recruit Holdings, Lool Ventures, and LionBird.
The Association for Computing Machinery (ACM) today announced John L. Hennessy, former Stanford University President and Chairman of the Board of Alphabet; and David A. Patterson, retired Professor at University of California, Berkeley, as winners of the 2017 Turing Award for their groundbreaking approach to computer architecture design and evaluation.
Google has announced the release of MusicVAE, a machine learning model that makes composing musical scores as easy as mixing paint on a palette. A breakthrough from Google Brain’s Magenta Project, MusicVAE generates and morphs melodies to output multi-instrumental passages optimized for expression, realism and smoothness which sound convincingly like human-composed music.
By the end of 2017, there were more than 300 fintech startups across the continent. Disrupt Africa’s Finnovating for Africa: Exploring the African Fintech Startup Ecosystem Report 2017 concludes that African fintech startups’ growth since 2015 has been nothing short of tremendous.
Microsoft researchers in the US and Asia sent a shockwave through the AI community today with their paper Achieving Human Parity on Automatic Chinese to English News Translation, which introduces a neural machine translation system they say equals the performance of human experts in Chinese-to-English translation.
According to a China Securities Journal report, the China International Capital Corporation (CICC) and China’s largest food processor, manufacturer and trader China National Cereals, Oils and Foodstuffs Corporation (COFCO) are looking to invest US$2 billion (CNY 13 billion) in JD Finance, the fintech spinoff of online retailer JD.com.
I purchased a Tmall Genie X1 — Alibaba’s flagship smart speaker — at the discounted price of US$15 during China’s November 11 “Singles Day” shopping festival. I was given order number 560,000-ish, and received the product a month later. The speaker is regularly priced at US$79, about the same as its American counterpart Google Mini.
Paige.AI is a New York-based startup that fights cancer with AI. Launched last month as a spinoff from the Memorial Sloan Kettering Cancer Center (MSK) — the largest cancer research institute in the US — Paige.AI has exclusive access to MSK’s IP in the field of computational pathology as well as its dataset of 25 million pathology cancer images (“slides”).