Artificial intelligence frontrunner Andrew Ng has raised $175 million for a new incubator devoted to machine learning startups. The fund, backed by NEA, Sequoia Capital, Greylock Partners and SoftBank, won’t invest in outside startups, Ng said in a note this week. Rather, it will fund small strike teams of AI researchers working inside the fund, who will test […]
IN EARLY 2014, Srikanth Thirumalai met with Amazon CEO Jeff Bezos. Thirumalai, a computer scientist who’d left IBM in 2005 to head Amazon’s recommendations team, had come to propose a sweeping new plan for incorporating the latest advances in artificial intelligence into his division. He arrived armed with a “six-pager.” Bezos had long ago decreed that […]
Google-parent Alphabet’s revenue rose 24 percent year-over-year, to $32.32 billion, exceeding expectations. Net revenue also beat expectations, at $25.9 billion. And because of recent tax legislation in the last quarter, the company faced a net loss of $3.02 billion. But to better illustrate those metrics and potential growth areas for the company, Google CEO Sundar Pichai and […]
Artificial Intelligence is real and it is here. But successfully putting AI into action isn’t exactly a walk in the park — it requires a fundamental rethinking of the business. The pressure is on — 53 percent of executives responding to a recent survey said their industry has “already experienced disruption” due to AI. An example […]
By Dr. Lance Eliot, the AI Trends Insider When my children were young, I used to teach them various games such as checkers, chess, Monopoly, and other such fun pastimes. In doing so, I would watch in apt fascination as they played these various games. I was interested in how they played the games and […]
2017 saw an explosion of machine learning in production use, with even deep learning and artificial intelligence (AI) being leveraged for practical applications. “Basic analytics are out; machine learning (and beyond) are in,” says Kenneth Sanford, U.S. lead analytics architect for collaborative data science platform Dataiku, as he looks back on 2017. Sanford says practical […]
From advertising to IoT to healthcare and beyond, virtually all industries are adopting or investigating machine learning (ML) to benefit their business. But if both you and your competitor are adopting ML, what do you need to do to get an edge? The Two Sides of ML ML (as a term) is used to refer […]
In the 2017 State of Cognitive Survey, Deloitte surveyed 250 “cognitive-aware” US executives from large companies. These managers were knowledgeable about AI/cognitive technologies and informed about what their companies were doing with the technology. Their responses about their companies are subjective, but they shed considerable light on the current state of cognitive technology within organizations. Five […]
Something is rotten in the state of technology. Amid all the hand-wringing over fake news, the cries of election deforming Kremlin disinformation plots, the calls from political podia for tech giants to locate a social conscience, a knottier realization is taking shape. Fake news and disinformation are just a few of the symptoms of what’s […]
AI software companies today are trying to figure out how to make a buck, what configuration of software and services is going to work. It’s difficult to do in such a rapidly-changing environment. Here we look at three companies – Veritone, Sapient and Cognitive Scale – to see how they are going about it. Veritone […]
