“Reuters and AI-focused synthetic media company Synthesia today unveiled a prototype for the world’s first automated presenter-led video sport report. Victor Riparbelli, CEO and Co-founder, Synthesia, said: ‘We’re excited to partner with Reuters, one of the world’s most trusted news organisations, to demonstrate the potential of synthetic media technologies to deliver real-time, personalised news to…
Month: February 2020
The White House wants to spend hundreds of millions more on AI research
“The White House is pumping hundreds of millions more dollars into artificial intelligence research. In budget plans announced on Monday, the administration bumped funding for AI research at the Defense Advanced Research Projects Agency (DARPA) from $50 million to $249 million and at the National Science Foundation from $500 million to $850 million.” https://www.technologyreview.com/f/615174/the-white-house-will-spend-hundreds-of-millions-more-on-ai-research/
Bank of America scored 418 technology patents in 2019
“In 2019, the company obtained 418 patents, a 31% increase over the prior year. Bank of America spends $10 billion annually on technology, $3 billion of which is on growth initiatives Among the patents the bank obtained in 2019, notable areas included: 101 patents dedicated to programming technology 61 in the information security category 45 …
Artificial intelligence (AI) stands to transform every industry.
“According to Gartner, the average person will have more conversations with bots than with their spouse by 2020. Meanwhile, 70% of white-collar workers will interact with conversational platforms on a daily basis by 2022. Indeed, with the retail and eCommerce sectors having a compound annual growth rate (CAGR) of 42.8% between 2019 and 2025 The applications of AI in eCommerce…
AI on steroids: Much bigger neural nets to come with new hardware, say Bengio, Hinton, and LeCun
“LeCun predicted they new hardware would lead to “much bigger neural nets with sparse activations,” and he and Bengio both emphasized there is an interest in doing the same amount of work with less energy. ‘There are one trillion synapses in a cubic centimeter of the brain,” he noted. “If there is such a thing…