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Microsoft adds enhancements to its Computational Network Toolkit

Microsoft is adding language enhancements, an expanded toolbox, and improved readers for text and speech to its open source Computational Network Toolkit (CNTK), a tool used to speed up advances in...

Thomson Reuters launches startup incubator for transformational technologies

Thomson Reuters has launched an incubator as part of the Thomson Reuters Lab, an incubator located in Switzerland. The incubator will host early-stage entrepreneurs building products in big data, advanced analytics,...

New AI fake text generator may be too dangerous to release, say creators —...

The Elon Musk-backed nonprofit company OpenAI declines to release research publicly for fear of misuse, writes Alex Hern. Here is the link: https://www.theguardian.com/technology/2019/feb/14/elon-musk-backed-ai-writes-convincing-news-fiction

Genpact acquires OnSource

Genpact has acquired OnSource, an Inspection-as-a-Service (IaaS) provider for property and casualty (P&C) insurance carriers and their customers. Terms of the deal were not disclosed. The OnSource IaaS product will leverage Genpact...

DARPA seeks to develop schema-based AI capability

DARPA says it is seeking to develop schema-based AI capabilities, to enhance reasoning about complex world events and generate actionable insights. 

Microsoft buys AI-powered scheduling app Genee

Microsoft has signed an agreement to acquire Genee, an artificial intelligence-powered scheduling app for meetings. Genee uses natural language processing and optimized decision-making algorithms, says Microsoft.  Co-founders Ben Cheung and Charles Lee,...

MIT and IBM Lab partnership launches 48 projects to tackle AI challenges — Forbes

Today, the lab has 100 AI scientists that include 60 from MIT and 40 from IBM and resides in Cambridge, Massachusetts. Within a year, the lab has received 186 proposals from...

IBM unveils next-gen servers geared for AI and deep learning

IBM has unveiled its next-generation Power Systems Servers, incorporating the company's POWER9 processor; built specifically for compute-intensive AI workloads, says the company.

Drift raises $32 million

Drift, a conversation-driven marketing and sales platform, has raised $32 million in a Series B round of financing. The investment was led by General Catalyst, with participation from existing investors CRV...

Nike acquires computer vision company Invertex

Nike has acquired Invertex, a  computer vision firm based in Tel Aviv, Israel.

Stryke, Scorpion to apply AI engine ScenGen to US Army’s UAS fleet

Stryke Industries was awarded a contract from the U.S. Army as part of the U.S. Defense Research and Development Rapid Innovation Fund (RIF) Program.

The latest XPrize is for building remote-controlled humanoid robots — Fast Company

The XPrize Foundation is offering $8 million if someone can build robot avatars, writes Ben Schiller of Fast Company.  Here is the link: https://www.fastcompany.com/40540168/the-latest-x-prize-is-for-building-remote-controlled-humanoid-robots

Trump’s Artificial Intelligence initiative needs to show us the money — Fortune

The order lacks specifics about how much the U.S. plans to invest in automation and its effects on American workers, writes Jonathan Vanian. Here is the link: http://fortune.com/2019/02/11/trumps-artificial-intelligence-initiative-needs-to-show-us-the-money/  Here is the link to the...

Tamr raises $10 million

Data unification and AI-based analytics company Tamr has closed a $10 million funding round.

MIT trains psychopath robot ‘Norman’ using only gruesome Reddit images — Newsweek

Scientists at the Massachusetts Institute of Technology (MIT) trained an artificial intelligence algorithm dubbed "Norman" to become a psychopath, writes Benjamin Fearnow in Newsweek. Here is the link: http://www.newsweek.com/mit-norman-psychopath-rorschach-ai-inkblot-test-psycho-reddit-artificial-962045