Artificial Intelligence

Deep Learning Is Overtaking Classic Machine Learning Methods, Study Finds

Peltarion, leading AI innovator and creator of an operational deep learning platform, and AI Knowledge Network CognitionX, organizer of the CogX festival of AI and emerging technology, today released a new study based on research and interviews with other AI industry leaders across Europe such as Amazon, Google, DeepMind, and JP Morgan. The report, “Deep Learning: Opportunities and Best Practice”, provides insight that deep learning is overtaking more classic Machine learning methods. However, several challenges remain; cost, complexity, and skills are yet to be solved to enable market growth.

AI's Growing Impact on the Tech Industry This Year and Beyond Lexie Lu Tue, 06/11/2019 - 09:23

The growth of artificial intelligence (AI) in recent years has been at a lightning pace. AI now impacts nearly every element of our lives. Smart programs have filtered into our homes and workplaces. You can use AI to create a website, to order a meal in a fast food restaurant and in the background of any number of applications.

Artificial Intelligence Breakthroughs Lead to Unprecedented M&A Growth, Reveals Hampleton Partners’ Report

London, UK – 15 May 2019. Hampleton Partners’ latest analysis of the Artificial Intelligence M&A market reveals that over 150 deals were disclosed in 2018, up from 105 deals in 2017. The first half of 2019 is also showing impressive AI-related M&A momentum, with 65 deals already recorded and a total of near 100 deals forecast for the half-year only. In terms of market value, AI is forecast to grow from $21.46 billion in 2018 to $190 billion by 2025 – in other words, to grow nine-fold over the next seven-year period[1].

Heiko Garrelfs, sector principal, Hampleton Partners, said:

Unbabel Appoints Amy Kux as Chief Financial Officer

San Francisco, USA: 20 February 2019: A year after raising $23 million in series B funding, AI-powered, human-refined translation platform Unbabel today announced the appointment of Amy Kux to the role of Chief Financial Officer, based in the company’s San Francisco headquarters.

With a proven track record in management and business leadership applied to high-growth international technology start-ups, Kux joins Unbabel from Udemy, where she was Head of Finance. There she was strategic both in raising series D fundraising and opening the company’s Brazil office. Prior to Udemy, she was Head of Finance for next generation content delivery network Cloudflare.

New Study: Mobile Phones Are Driving 56% of Festive Online Fashion Sales Real Wire Wed, 11/28/2018 - 10:08

Consumers are growing more comfortable buying fashion items on their phones reveals new Black Friday and Cyber Monday data from AI-powered retail personalisation platform, Nosto. And for fashion retailers, Black Friday and Cyber Monday 2018 were 36% bigger than last year.

Nosto’s analysis of millions of visits to fashion sites globally suggests mobile accounted for 71% of traffic and 56% of sales revenue (up from 64% of traffic and 50% of sales revenue in 2017) on the two holiday shopping days. Conversion rates are also up on mobile phones from 1.98% last year to 2.28% in 2018.

WatchGuard warns of Vaporworms, Global Internet Disruption and Rogue AI Chatbots for 2019 Real Wire Thu, 11/15/2018 - 08:51

15 November 2018 – WatchGuard Technologies’ information security predictions for 2019 include the emergence of ’vaporworms’, a new breed of fileless malware with wormlike properties to self-propagate through vulnerable systems, along with a takedown of the internet itself and ransomware targeting utilities and industrial control systems. WatchGuard’s Threat Lab research team developed these predictions based on an analysis of major security and threat trends over the past year.

Report: Big IT players in the race to acquire artificial intelligence (AI) assets

London, 7 June 2018 – The world’s major IT players - Google, Apple, Microsoft, Intel, Facebook, Twitter and Salesforce - are racing to invest in, acquire and absorb cutting-edge artificial intelligence start-ups and scaleups, according to Hampleton Partners’ latest Mergers & Acquisitions (M&A) Market Report on Artificial Intelligence, published today.

Machine Data Analysis                       

Industry still struggling to defend against breaches but getting better at dealing with them according to IISP Survey

23 May 2018: The latest survey from the not-for-profit industry body, the Institute of Information Security Professionals (IISP), shows that over the last three years, those feeling that organizations are getting worse at defending against major cyber security breaches has leapt from 9% to 18%. In contrast, the number of businesses that feel better prepared to respond to and deal with incidents rose from 47% to 66% over the same period.

A Double Win for Thoughtonomy: Recognized as a Leader in Everest Group RPA PEAK Matrix and FStech Award Winners

Thoughtonomy, the Intelligent Automation Company, has been recognized as a Leader in Everest Group’s Robotic Process Automation (RPA) – Technology Vendor landscape with Products PEAK Matrix™ Assessment 2018. On the same day, Thoughtonomy also received FStech’s “Cloud Computing Innovation of the Year” Award.

“The combination of being acknowledged as a leader in Everest Group’s RPA PEAK Matrix, and receiving the Cloud Computing Innovation of the Year Award cements Thoughtonomy’s position as a recognized industry innovator and automation market leader, providing award-winning AI-enabled RPA,” said Dean Chapman, Thoughtonomy’s Chief Commercial Officer.