Business of AI
Business of AI

Modzy Aims to Accelerate Enterprise AI Adoption with Pre-trained Models

By AI Trends Staff The consulting firm Booz Allen has announced Modzy, a product aimed at accelerating the deployment of AI applications in the enterprise. The company has assembled AI models from its own experience, from open source communities, and technology partners. Modzy provides an environment for the models to be uploaded, managed, and deployed. […]

A Look Inside Facebook’s AI Machine

By Steven Levy, Wired When asked to head Facebook’s Applied Machine Learning group — to supercharge the world’s biggest social network with an AI makeover — Joaquin Quiñonero Candela hesitated. It was not that the Spanish-born scientist, a self-described “machine learning (ML) person,” hadn’t already witnessed how AI could help Facebook. Since joining the company in […]

Key Considerations in AI Vendor Selection, Deployment

The world of artificial intelligence is frightening. No, not the danger of an army of AI-powered robots taking over the world (though that is a bit concerning). The real fear is that the wrong vendor is chosen or the rollout handled poorly. After all, AI is complex, not fully mature, in some cases poorly understood, and […]

Facebook Poaches Head of Chip Development From Google

Facebook Inc. has sent another signal that it’s serious about building its own semiconductors, joining Apple Inc., Alphabet Inc.’s Google, and Amazon.com Inc. in trying to make its own custom chips. The social-networking giant this month hired Shahriar Rabii to be a vice president and its head of silicon. Rabii previously worked at Google, where he […]

Here is the Essential Landscape for Enterprise AI Companies

Enterprise companies comprise a $3.4 trillion market worldwide of which an increasingly larger share is being allocated to artificial intelligence technologies. By our definition, “enterprise” technology companies create tools for workplace roles and functions that a large number of businesses use. For example, Salesforce is the primary enterprise software used by sales professionals in a company. Also […]

Alibaba and SenseTime Team to Make Hong Kong a Global AI Hub

Alibaba  is teaming up with SenseTime,  the world’s highest-valued AI startup, to launch a not-for-profit artificial intelligence lab in Hong Kong in a bid to make the city a global hub for artificial intelligence. Alibaba, which is SenseTime’s largest single investor thanks to a recent $600 million round at a valuation of $4.5 billion, is providing financing for the […]

Beware of AI’s Dark Side, Warns Google Cofounder Sergey Brin

Artificial Intelligence is a recurring theme in recent remarks by top executives at Alphabet. The company’s latest Founders’ Letter, penned by Sergey Brin, is no exception—but he also finds time to namecheck possible downsides around safety, jobs, and fairness. The company has issued a Founders’ Letter—usually penned by Brin, cofounder Larry Page or both—every year, beginning with the […]

Even at a Nonprofit, AI Researchers are Making More Than $1 Million

One of the poorest-kept secrets in Silicon Valley has been the huge salaries and bonuses that experts in artificial intelligence can command. Now, a little-noticed tax filing by a research lab called OpenAI has made some of those eye-popping figures public. OpenAI paid its top researcher, Ilya Sutskever (shown above), more than $1.9 million in […]

Tale of Two Amazons: Average Pay is $28.5K; Software Engineers Earn North of $100K

Amazon disclosed in a filing Wednesday (April 19) that the median pay for its employees was $28,446 in 2017. Put another way: half of Amazon’s employees earned less than that amount. In the same year, Amazon created more than 130,000 jobs, many of them for AI scientists. The underwhelming figure was made public as part of a new rule put into […]

Here Are 14 Amazing Facts About Alibaba’s Co-Founder Jack Ma

Jack Ma is one of the richest people in China, and his way to the top has been a long and tough journey. A business magnate and philanthropist, Jack Ma is the cofounder of Alibaba, a conglomerate that’s focused on technology, artificial intelligence, retail, e-commerce, and the internet. If that leaves a lot to the imagination, […]