Applying AI to create facial recognition software

While artificial intelligence has been solving problems for decades, it is now on the verge of permeating every major industry. Many of these new AI applications, however, require the use of computer vision techniques to process and understand large amounts of visual data. That’s why Intel is helping developers apply AI to the visual world. Airports, trains and bus stations are already deploying AI to identify potential security threats, creating intellectual systems that can function as an...

28 March 2018 | Developers

Google CEO is (unsurprisingly) impressed with AI in China

Sundar Pichai, CEO of Google, has expressed how impressed he is with AI in China during a forum attended by senior government officials and leading executives in Beijing. “China is already playing a big part in how AI will shape our futures," said Pichai at the annual China Development Forum in Beijing. "When we build together, we get to better ideas faster." Google is known for the vast amount of data it collects, and the powerful services having access to such large pools of information...

26 March 2018 | Government

How Gumtree has boosted customer engagement through marketing language generation

Gumtree, the leading classifieds website and app in the UK, has given a boost to its email marketing programme by increasing email open rates by 35%-50% through AI technology from Phrasee. For the new push, Gumtree teamed up with the AI innovator to revitalise their CRM strategy to ensure continued engagement from customers. Gumtree was seeing a decline in email marketing engagements and adopted different steps to resolve the issue internally.  However, nothing came to the rescue and...

23 March 2018 | Marketing

Two examples of how neural networks are being trained to surpass human reading abilities

For anyone who’s ever struggled to read somebody’s handwriting – or even their own – this may be of interest: Captricity, an Oakland-based provider of digital automation software, has claimed its AI can outperform humans in reading handwriting. The company is touting its Captricity READ product, where enterprises in various sectors including financial, healthcare and government, can use the system to convert the handwritten word into decision-ready data in a fraction of the usual time....

22 March 2018 | Machine Learning

Mayor of London’s AI study will ensure policies help the city thrive

London’s mayor has commissioned a study to engage with the AI community and ensure policies help the city to become a global hub for the emerging technology. Sadiq Khan, Mayor of London, commissioned the specialist AI researchers at CognitionX to undertake the study. The results will be used to form London’s policy towards the AI industry. CognitionX will be looking at four areas in particular: Stimulating adoption and deployment Attracting AI entrepreneurs and businesses to...

22 March 2018 | Government

Finding the meaning in AI for the customer experience

AI-powered technology, such as chatbots and Natural Language Processing (NLP), is evolving the way that businesses can interact with customers. It offers the potential for companies to engage with customers across an increasing number of channels, and collect and aggregate data which will build a deeper view of the customer. But what is the value of this technology to the customer – and employee – experience? What is the customer appetite? In a recent survey by SugarCRM and Flamingo,...

22 March 2018 | Marketing

Macron wants Europeans to relax about data or be left behind in AI

Emmanuel Macron, President of France, is calling for Europeans to relax about the use of their data by AI companies to prevent those operating in the region falling behind their international counterparts. Citizens are increasingly concerned about their use of data, especially following the ongoing investigations into Facebook and Cambridge Analytica. AI companies, however, rely on the bulk collection of data for training machine learning models. Macron wants to ensure France is a leader...

21 March 2018 | Government

AI outpaces lawyers in reviewing legal documents, new study finds

Experienced lawyers in the US have been left behind by AI when it came to reviewing legal documents according to a new report – with the lawyers exhibiting 85% average accuracy compared to 94% average accuracy rate achieved by AI software. This revelation is based on a study carried out by professors at Duke Law, University of Southern California, and Stanford Law School. Metaphorically, the study was a race between LawGeex, an AI contract review platform provider, and a team of 20 top...

19 March 2018 | Applications

Atomwise raises $45 million with dreams of transforming pharmaceutical industry through AI

Atomwise, a developer of artificial intelligence (AI) solutions for drug discovery, is moving ahead in its mission to become the preferred AI partner for the world’s leading pharmaceutical, biotech, and agrochemical companies. The company has raised $45 million (£32.1m) in a series A funding round that was led by Monsanto Growth Ventures, DCVC (Data Collective), and B Capital Group. The round also comprised Atomwise’s previous investors, Y Combinator, Khosla Ventures, and DFJ, along with...

19 March 2018 | Healthcare

Microsoft’s AI can translate Chinese on parity with a human

Microsoft believes its AI is able to translate Chinese as well as a human translator. The company says the development represents a “major milestone” and was achieved by regularly feeding the AI with news stories often used across the AI industry for testing purposes. Microsoft claims its AI translated the articles to the same level as two human bilingual translators. The researchers aimed to replicate the ‘trial and error’ approach to how humans learn. With this in mind, the AI...

16 March 2018 | Machine Learning