Friday, September 20, 2019

JPMorgan Chase Hires Manuela Veloso from Carnegie Mellon to Head AI Research

JPMorgan Chase is doubling down on artificial intelligence. The bank said in a note to employees on Thursday that it's hired Manuela Veloso as...

AI is Beating the Hype With Stunning Growth

Follow the money. It is true in politics, business and investing. Right now, there is no question that the money is headed into artificial intelligence. Gartner,...

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...

OpenAI Establishes For-Profit Company

San Francisco-based research organization OpenAI was launched in 2015 as a non-profit company with the overarching goal of achieving a safe and socially beneficial...

The Rules Governing AI Are Being Shaped by Tech Firms – Here’s How

IN EARLY APRIL, the European Commission published guidelines intended to keep any artificial intelligence technology used on the EU’s 500 million citizens trustworthy. The bloc’s commissioner for...

Apple, IBM Couple Watson with Core ML for Expanded Machine Learning

Apple  and IBM  may seem like an odd couple, but the two companies have been working closely together for several years now. That has involved IBM sharing its enterprise expertise...

For IT firms, artificial intelligence a new route for revenue growth

Tata Consultancy Services Ltd (TCS), India’s largest software services exporter, is looking to increase by 20% the revenue per employee in its information technology...

SenseTime Raises US$600 Million in Series C Funding

SenseTime, a leading AI company based in China, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking...

Gateway to Prime? Amazon opens Alexa to 3rd party devs, aims for AI takeover

Amazon seems to be continuing its strategy of expanding Alexa from the ashes of its aborted Fire Phone project – this week expanding its...

Inside Amazon’s Artificial Intelligence Flywheel

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,...






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