Teledata Communications, Inc. (TCI), the provider of DecisionLender 4 (DL4), a complete consumer loan origination platform, today announced it has developed the industry’s first AI-powered, natural language rules engine that leverages machine learning to quickly and easily create and maintain risk-based rules and lending policies. Lenders can now effortlessly create and … [Read more...] about TCI Deploys Industry’s First AI-Powered Natural Language Rules Engine
AI
CES 2020 Opens with Innovation That Will Change the World
CES® 2020 opens today unveiling the next generation of innovation that will redefine industries, create jobs and solve many of society’s challenges. With more than 4,400 exhibiting companies, including 1,200 startups, CES 2020 features the latest transformative technologies, including 5G, artificial intelligence, vehicle technology, digital health and more. Owned and produced … [Read more...] about CES 2020 Opens with Innovation That Will Change the World
Supercomputing 2019: Intel Unveils New GPU Architecture with High-Performance Computing and AI Acceleration, and oneAPI Software Stack with Unified and Scalable Abstraction for Heterogeneous Architectures NEWS HIGHLIGHTS
At Supercomputing 2019, Intel unveiled its vision for extending its leadership in the convergence of high-performance computing (HPC) and artificial intelligence (AI) with new additions to its data-centric silicon portfolio and an ambitious new software initiative that represents a paradigm shift from today’s single-architecture, single-vendor programming models. Addressing … [Read more...] about Supercomputing 2019: Intel Unveils New GPU Architecture with High-Performance Computing and AI Acceleration, and oneAPI Software Stack with Unified and Scalable Abstraction for Heterogeneous Architectures NEWS HIGHLIGHTS
Secretary Perry Stands Up Office for Artificial Intelligence and Technology
Today, U.S. Secretary of Energy Rick Perry announced the establishment of the DOE Artificial Intelligence and Technology Office (AITO). The Secretary has established the office to serve as the coordinating hub for the work being done across the DOE enterprise in Artificial Intelligence. This action has been taken as part of the President’s call for a national AI strategy to … [Read more...] about Secretary Perry Stands Up Office for Artificial Intelligence and Technology
Worldwide Spending on Artificial Intelligence Systems Will Be Nearly $98 Billion in 2023
Global spending on artificial intelligence (AI) systems is expected to maintain its strong growth trajectory as businesses continue to invest in projects that utilize the capabilities of AI software and platforms. According to the recently updated International Data Corporation (IDC) Worldwide Artificial Intelligence Systems Spending Guide, spending on AI systems will reach … [Read more...] about Worldwide Spending on Artificial Intelligence Systems Will Be Nearly $98 Billion in 2023
Mellanox Works With VMware and NVIDIA to Enable High Performance Virtualized Machine Learning Solutions
VMworld 2019 – Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced that its RDMA (Remote Direct Memory Access) networking solutions for VMware vSphere enable virtualized Machine Learning solutions that achieve higher GPU utilization and … [Read more...] about Mellanox Works With VMware and NVIDIA to Enable High Performance Virtualized Machine Learning Solutions
How 5G, Artificial Intelligence and IoT Will Transform the Americas
At the 2018 Mobile World Congress Americas, the GSMA today issued a new report, ‘Intelligent Connectivity: How the Combination of 5G, AI and IoT Is Set to Change the Americas,’ highlighting how the region is set to benefit from the age of ‘intelligent connectivity’ or the fusion of high-speed 5G networks, artificial intelligence (AI) and the Internet of Things (IoT). The … [Read more...] about How 5G, Artificial Intelligence and IoT Will Transform the Americas
The Hive Raises $26.5M to Foster AI Startups in the Enterprise
The Hive, a venture fund & co-creation studio that builds and fosters startups focused on AI-powered applications in the enterprise, announced the closing of its third fund (The Hive III), with $26.5M in capital commitments. This will enable The Hive to co-create more than seven startups in the next three years. Investors in The Hive III include Verizon Ventures, Software AG, … [Read more...] about The Hive Raises $26.5M to Foster AI Startups in the Enterprise
Industrial Manufacturers Turning to AI to “Turbocharge” Products and Services
The vast majority of manufacturers are turning to artificial intelligence (AI) to “turbocharge” their products and services, finds a new research report from Accenture (NYSE:ACN). Based on a survey of 500 manufacturing companies in six industries across Europe, North America and Asia, the report notes the ability of AI – particularly when combined with mobile computing and … [Read more...] about Industrial Manufacturers Turning to AI to “Turbocharge” Products and Services
InsurTech: Cape Analytics Launches AI-Driven, Property Intelligence Solution for Insurers Nationwide
Today Cape Analytics, the provider of the most accurate and up-to-date property data for insurers and reinsurers, is announcing a major milestone: the launch of its data coverage for the entirety of the continental United States. Now, insurers can access data on over 70 million buildings across the country in milliseconds, allowing them to instantly pre-fill property … [Read more...] about InsurTech: Cape Analytics Launches AI-Driven, Property Intelligence Solution for Insurers Nationwide
Artificial Intelligence (#AI) could boost revenues by 38%, employment by 10% by 2022
The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce?, estimates that if businesses invest in Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment … [Read more...] about Artificial Intelligence (#AI) could boost revenues by 38%, employment by 10% by 2022
#AI and #IoT Use Cases Will Drive Demand for Next-Gen Databases in 2018
Kinetica’s CTO and Cofounder Nima Negahban has come out with his top technology predictions for 2018. Today’s analytical workloads require faster query performance, advanced analysis methods, and more frequent data updates. For real-time analysis of massive data sets, particularly for use cases where time and location matter, enterprises are turning to new next-generation … [Read more...] about #AI and #IoT Use Cases Will Drive Demand for Next-Gen Databases in 2018
Seagate Launches First Drive for AI-Enabled Surveillance
SkyHawk AI equips system installers, manufacturers and end users with smart, safe and efficient storage for always-on video surveillance Seagate Technology plc (NASDAQ: STX) announced today its SkyHawk™ AI hard disk drive (HDD), the first drive created specifically for artificial intelligence (AI) enabled video surveillance solutions. Building on Seagate’s 10-year track … [Read more...] about Seagate Launches First Drive for AI-Enabled Surveillance
Digital disruption in the post and parcel industry will see robots and driverless vehicles delivering the mail
AI, Robotics and Augmented Reality Technologies are Shaping the Future of Posts and Delivery Companies Today, Accenture Report Shows Digital disruption in the post and parcel industry will see robots and driverless vehicles delivering the mail, augmented reality creating efficiencies in delivery and Artificial Intelligence (AI) making it easier to connect customers to … [Read more...] about Digital disruption in the post and parcel industry will see robots and driverless vehicles delivering the mail
In reality Internet of Things (IoT) market is not happening
For all trumpets and fanfares the Internet of Things (IoT) market is not happening. For three years we have entertained ourselves with so called Big Data phenomenon, only to wake up to somber reality that the Big Data boom is not happening. Recession-tired businesses are not in hurry to cash out on elusive concepts, server sales are stalling, data analysts are not hatching to … [Read more...] about In reality Internet of Things (IoT) market is not happening
Salesforce Einstein: one small step for business, one giant leap for AI
Salesforce has dropped a bomb by announcing Einstein AI service that collects and analyzes all the data stored in Salesforce to push out recommendations, so the user can close deals faster or build a larger group of leads. It happened just a few weeks before its Dreamforce event and hours before Oracle OpenWorld tech conference. What is the significance of this … [Read more...] about Salesforce Einstein: one small step for business, one giant leap for AI