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- Microsoft Ventures will invest $3.5 million in artificial-intelligence startups after competitions for the money in North America, Europe and Israel.
- The bake-off, dubbed Innovate.Ai, will see Microsoft Ventures award $1 million loans that convert to an equity stake to one startup each from North America, Europe and Israel.
- A separate, $500,000 investment will go to a startup Microsoft judges to be building products designed to improve society.
- Israel is a hotbed of cutting-edge software research; Microsoft’s startup investment arm has an office there, and the company has acquired a few Israeli startups in recent years.
- Microsoft has leaned heavily on such freebies to get companies interested in its technology after Amazon Web Services built a wide lead in providing cloud-computing services to startups.
Microsoft Ventures will invest $3.5 million in artificial-intelligence startups after competitions for the money in North America, Europe and Israel. Plans for the Innovate.Ai awards come as Microsoft ramps up its corporate focus on software that uses machine learning.
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- Then we gave one of them — Gamaya, a 20-person startup harnessing deep learning to help farms improve their productivity and sustainability — a new DGX Station in front of a room packed with more than 160 investors, entrepreneurs and industry observers.
- The event’s contenders were selected from among the 700 European startups participating in our Inception program, which accelerates the development of startups involved in AI and deep learning.
- After looking at an initial round of 25 startups, our judges chose companies we believe to be the five hottest in Europe to tell their stories.
- Besides our winner Gamaya, the startups included presentations from: – – The Inception Awards continue the series of events we’ve held in Silicon Valley and China in conjunction with our GPU Technology Conference world tour.
- Our Inception virtual accelerator program supports more than 1,900 AI startups with GPUs, deep learning expertise and other resources to help them be successful.
We brought five of the hottest startups in Europe and put them in front of a panel of some of tech’s savviest players at GTC Europe in Munich Tuesday.
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- The creators of Unity, the most popular game engine in the world, recently launched a set of machine-learning tools that lay the groundwork for actual AI (not scripted computer opponents) in video games.
- Typically these kits include rendering aids and simple tools for training neural networks, but the beta release sent to developers promises to revolutionize video games, and provides machine-learning researchers with a perfect environment for training robot brains.
- Unity provides developers with the tools to create machine-learning agents capable of learning and interacting with each other in a virtual world, which makes it possible to create games inhabited by AI that actually learns, instead of forcing developers into painstakingly scripting behavior by hand.
- Video game developers have been using the term “artificial intelligence” (AI) since the 1950s to describe a computer opponent designed to challenge humans.
- This use of the term has no relation to machine-learning; the AI in a video game doesn’t learn anything, it simply executes algorithms.
Unity developers recently got an AI upgrade in the form of machine-learning tools that provide game and AI programmers with next generation capabilities.
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- Last month Amazon was looking everywhere to fill its open AI positions, and today there are 140 job openings on its AI hiring site alone.
- According to career site Paysa, this is par for the course for Amazon, who has been trying to grab as much AI talent as it can while simultaneously losing about the same number of employees to the companies it’s poaching from.
- The Redmond company lost 123 AI devs to Amazon while gaining 124.
- AI programmers looking for a job at Google or Microsoft should start by getting hired at Amazon.
- Where Amazon Finds, and Loses, AI Talent on The Information
Amazon has been swapping AI developers with Microsoft and Google for the past five years, with Google coming out on top, as far as numbers go.
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- The rise of artificial intelligence (AI) raises not only technical questions but also ethical and philosophical ones.
- With more-powerful tech such as nuclear weapons, synthetic biology, or superhuman AI in particular, we don’t want to learn from mistakes.
- If today’s fairly low-tech smartphones can persuade their owners to stare at them for a large fraction of the day, a superhuman AI could really hack our human reward system.
- There are many tough open questions that we still need to answer if we’re going to reap the benefits of AI while avoiding problems.
- I’m cautiously optimistic that we can create an awesome future with AI if we win this race between the growing power of the technology and the growing wisdom with which we manage it.
Published quarterly, Profit is distributed to more than 110,000 C-level executives and provides business leaders with a road map on turning their technology investments into top and bottom line advantages. Profit Online is the Web version of the magazine, delivering expanded, exlusive content that illuminates the business impact of technology and provides industry and line-of-business intelligence for your specific challenges.
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- This is a keynote highlight from the Strata Data Conference in New York 2017.
- Watch the full version of this keynote on Safari.
Cesar Delgado joins Mike Olson to show how Apple is using its big data stack and expertise to solve non-data problems.
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- We’re giving away 1 billion coins .
- For accepting bottish’s invite, you both get 20 coins.
Join bottish on Refind to discover, save, and read what’s worth your attention. When you sign up, you both get 20 coins.
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- Leanne Kemp, founder and CEO of Everledger, saw an opportunity to use blockchain technology to verify the origin of rough-cut diamonds, and open up the market to potential investors.
- “With any supply chain intensive business, including the diamond industry, there are huge data sets being created.
- The journey of food, from farm to fork – – Applying a similar tracking approach, using the distributed public blockchain network Ethereum, the company Ambrosus aims to verify the quality, safety and origin of food from farm to table.
- This is done through a combination of Amber, the world’s first bonded token that follows food products alongside supply chains, the recording of sensor data using Ethereum blockchain, and decentralized storage solutions.
- In addition to tracking the origin of food, our sensors will record storage conditions, such as temperature, continuously on the Ambrosus token.”
Blockchain technology is used to track diamonds and the food supply.
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- AI lets you make full use of customer data for the first time.
- It uses data captured from both known and anonymous customers to create models of shopper activity in real time.
- Another of our customers, a hotel provider, is using AI in a similar way.
- AI depends on high-quality, accurate customer data.
- This app connects customers to local retailers and rewards them with loyalty points every time they buy a Coca-Cola product.
AI is no longer just a novelty; it’s generating insights that guide decision-making and most importantly of all, helping businesses get closer to their customers.
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- In a recent study conducted by Accenture Institute for high performance this year (2017), some results revealed that AI not only will present unprecedented opportunities for value creation, but because the creation of challenges for executives and managers.
- “Division of labour will change, and collaboration among humans and machines will increase.
- In a certain way, it will force managers to reconsider their own roles and redefine the fundamental operating principles currently guiding their organizations”.
- Companies will have to adapt their training, performance and talent acquisition strategies to account for a newfound emphasis on work that hinges on human judgment and skills, including experimentation and collaboration.
- The Infographic regarding “The impact of AI on management , coupled with executive interviews, summarize the following facts that will influence management in upcoming years:
The Infographic regarding “The impact of AI on management”, coupled with executive interviews, summarize the following facts that will influence management in upcoming years.
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![[Infographic] The impact of #AI in #Management |](https://i2.wp.com/pbs.twimg.com/media/DLvUkxMWkAAzVPy.jpg?w=840&ssl=1 "[Infographic] The impact of #AI in #Management |")