Month: May 2019

Element AI accelerates training through simulator

~ Brandon McGee ~ Leave a comment

  • “Jean-François Gagné‘s Element AI is forging an intrepid path to subvert their dominance.
  • Element AI created a clever system for developing algorithms using data the company generates itself through a simulator. ‘This helps us bootstrap our training process, and then we can fine-tune with the customer’s data and get good performance quickly,'”

https://www.fastcompany.com/90345863/most-creative-people-2019-element-ai-jean-francois-gagne

Element AI – https://www.elementai.com

Yoshua Bengio, Co-Founder

http://linkedin.com/in/yoshuabengio

Artificial Intelligence: Taking the formality out of banking

~ Brandon McGee ~ Leave a comment

Orange – https://www.orangebank.fr

Stéphane Vallois

Deputy CEO of Orange Bank

http://linkedin.com/in/vallois

  • “Orange Bank’s ambition is to offer a new banking experience by breaking down traditional notions of power.
  • In France over half of customers said they were ready to use AI to communicate with their bank. While in Spain, the figure was over 70 per cent.”

https://www.google.com/amp/s/www.techradar.com/amp/news/artificial-intelligence-taking-the-formality-out-of-banking

HSBC to open 50-person AI lab in Toronto

~ Brandon McGee ~ Leave a comment

  • Chuck Teixeira, HSBC,
  • Chief administrative officer

    • http://linkedin.com/in/chuckteixeira

    • “HSBC Holdings PLC is opening a new 50-person data lab in Toronto that will harness the city’s artificial-intelligence talent.
      analyze up to 10 petabytes of data – that’s 10 million gigabytes – on 1.6 million corporate and institutional clients in more than 60 countries,
    • ‘Emerging technologies such as AI are becoming more prevalent and disruptive across financial services by the day,’ said Chuck Teixeira, chief administrative officer”

    https://www.google.com/amp/s/www.theglobeandmail.com/amp/business/article-hsbc-to-open-50-person-artificial-intelligence-lab-in-toronto/

    H&M Tops Ranking Of Most-Visited eCommerce Fashion Sites

    ~ Brandon McGee ~ Leave a comment

    • “SEMrush found that H&M was the most frequented site around the globe.
    • Direct traffic accounts for almost half – or 44.86 percent – of search traffic around the world, followed by search (33.83 percent), referral (approximately 15.03 percent), paid (4.28 percent) and social (2.01 percent.)
    • Using visual search, customers can upload a photo and the platform then uses the image to find relevant items.”

    https://www.google.com/amp/s/www.pymnts.com/news/retail/2019/hm-most-visited-fashion-ecommerce-site/amp/

    AI is fuelling the new economics of banking, says UBank CEO

    ~ Brandon McGee ~ Leave a comment

    • “For the past three years UBank has been experimenting with IBM and the Watson team
    • With around 220 staff in its North Sydney office, UBank can scale those solutions to serve its 500,000 customers.
    • The first project the bank launched back in 2017 was RoboChat, a virtual agent trained to answer questions around home loan applications.
    • As well as giving customers self service tools, the bank has built RoboBrain, launched in March 2018, to aid its customer service team.”

    https://www.google.com/amp/s/which-50.com/ai-is-fuelling-the-new-economics-of-banking-says-ubank-ceo/amp/