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Alibaba Unveils Its First Home-Grown AI Chip
AI
Chinese e-commerce giant Alibaba unveiled its first artificial intelligence inference chip on Wednesday, a move which could further invigorate its already rip-roaring cloud computing business. According to the SCMP, the chip, called the Hanguang 800, specializes in speeding up machine learning tasks while being more energy efficient. It can purportedly finish a multi-hour task in just five minutes, using just
Grab to Invest $150 Million on AI
AI
Grab, the Southeast Asian ride-hailing, food, and payments giant, said that it will be spending $150 million on artificial intelligence over the next 12 months, Bloomberg reports. The startup, which has already spent $100 million on the technology over the past year, aims to use AI to scale itself more effectively while at the same time, improve its fraud prevention,
How Is AI Shaping Our Online Experience?
AI
Every day, AI is changing the way that we experience the world around us. When we navigate to a website from a search engine, order a pizza online, buy a new sofa, or search for flight prices, Artificial Intelligence (AI) is shaping how we behave online. AI is changing the way that we live online, and consequently, how we experience
Rise Of The Machines With This ETF
AI
Robots haven't taken over the world, at least not yet, but one exchange traded fund powered by artificial intelligence is performing pretty well. The AI Powered Equity ETF AIEQ 0.43% is higher by nearly 19% year to date. What Happened Backed by IBM's famous Watson supercomputer, AIEQ, which turns two years old in October, is an actively managed ETF using
Chinese Cloud Services Rivalry Heats up as Alibaba, Tencent Face Off
AI
Cloud-as-a-service has emerged as a growth driver for many companies, which explains the huge investments made by some big-name companies such as Amazon.com, Inc. AMZN and Alphabet Inc GOOGL GOOG. Betting On Chinese Cloud Services As with most other innovative cutting-edge technologies, China has emerged as a force to reckon with in the cloud computing sector. China's overall cloud industry
Google Buys Intelligence Company Looker For $2.6B In Cash
AI
Alphabet's GOOGL Google will acquire data and analytics platform Looker in a $2.6 billion all-cash transaction. Read more at Benzinga. Photo: Marcin Wichary
3 Innovative Companies Leading The Charge As Logistics Automation Accelerates
AI
Robotics, automation and artificial intelligence (RAAI) technologies stand to advance nearly every sector of the market, whether that’s robots fulfilling orders on factory floors or taking over for doctors in performing surgeries. In 2013, we created the ROBO Global Robotics & Automation Index in an effort to benchmark all that RAAI has to offer to investors. Since then, the index
Top 10 Most Innovative AI Companies Of 2019 In The World
AI
geralt / Pixabay Companies large and small are using artificial intelligence (AI) and machine learning in their products and services to offer a better customer experience. They are using AI to disrupt sectors like finance, healthcare, communication, transportation, semiconductors, and others. Here we take a look at the top 10 most innovative AI companies in 2019, according to Fast Company.
Domino's To Expedite Pizza Delivery In Malaysia And Singapore Using Decentralized AI Service
AI
Domino's Pizza Inc. DPZ 1.58% operations in Malaysia and Singapore have partnered with SingularityNET, a platform for artificial intelligence (AI) services, to use decentralized AI to improve its last-mile delivery process. Though retail businesses working within the food niche like Walmart Inc WMT 1.1% or Carrefour have shown interest in decentralized solutions (blockchain is a decentralized ledger), this appears to be the first
Switching Sides: Google AI Expert Accepts Job At Apple
AI
Ian Goodfellow is a name many investors aren't familiar with, but he's making headlines after quitting Alphabet Inc GOOG 0.01% GOOGL to join Apple Inc. AAPL. What Happened Goodfellow was one of Google's leading artificial intelligence experts and credited for being the "father" of general adversarial networks (GANs), CNBC reports. While working at Google, Apple employees did research that was based