Saturday, February 29, 2020

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...

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...

Deep Learning Enterprise Software Spending to Surpass $40 Billion Worldwide by 2024

Enterprises Are Increasingly Focused on Deep Learning as an Enabling Technology, Especially for Data-Intensive Business Processes Deep learning, which has emerged as one of the...

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...

ABI Research Forecasts Almost One Million Businesses Worldwide Will Adopt AI Technologies by 2022

ABI Research predicts the number of businesses adopting artificial intelligence (AI) technologies worldwide will grow considerably, up from 7,000 this year to nearly 900,000...

The Pyramid of Artificial Intelligence

We are on the 'ground floor' of the Artificial Intelligence Pyramid (and no one knows how to get to the next floor) I have the great opportunity of...

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,...

Tractica Projects AI Market to Reach $36.8 B Globally by 2025

Artificial intelligence (AI) is poised to have a transformative effect on consumer, enterprise, and government markets around the world. An umbrella term that refers...

Why Google, Facebook, Microsoft and IBM Are Desperate to Give Away AI Technology

Leading computing companies are helping both themselves and others by open-sourcing AI tools. Facebook is releasing for free the designs of a powerful new computer...

Adaptive Intelligence from Oracle Is a Remaking of the Product Line

Oracle is making a major move into AI, training its formidable marketing machine on the landscape in the wake of years of positioning by...






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