Artificial Intelligence (AI) is the study of computer science focusing on developing software or machines that exhibit human intelligence.
A lot of people think that AI is just a sci-fi concept that’s being used in movies like Star Wars, Terminator or Lucy, but there is a lot more to it. AI is a very broad topic ranging from a simple calculator to self-drive technology to something that might change the future.
The development of AI in financial investments now is experiencing exponential growth and is rapidly bringing us closer to the singularity. This shows the great interest in the areas of research that will lead to the rapid development of the industry in the near future. 2015 was the best year in Artificial Intelligence funding with almost $1.2B raised, according to VentureScanner with data of investing in startups in the world and in Q1 2016 trend is still positive. The subdivision of CBInsight VentureScanner in the first quarter of 2016 was tracking 957 AI companies with a combined funding amount of $4.8 Billion. The main amount of companies concentrated in the US – 499, with the United Kingdom at a distant second with 60.
Artificial Intelligence startups total funding by year (by VentureScanner)
MICROSOFT’S BRAIN IS now available for anyone to use in their apps.
The company has open sourced the artificial intelligence framework it uses to power speech recognition in its Cortana digital assistant and Skype Translate applications. This means that anyone in the world is now free to view, modify, and use Microsoft’s code in their own software.
The framework, called, CNTK, is based on a branch of artificial intelligence called deep learning, which seeks to help machines do things like recognize photos and videos or understanding human speech by mimicking the structure and functions of the human brain. Tech giants like Microsoft, Google and Facebook have invested heavily in deep learning research for years, going so far as to hire many of academics who pioneered the field. Now, just as academics publish their research so that it can be critiqued and advanced by other researchers, these companies are releasing their deep learning software in much the same way. Continue reading Microsoft Open Sources Its Artificial Brain to One-Up Google
Artificial Intelligence is constantly pushing the boundaries of what machines are capable of. But could machines ever become better than us? The answer is of course ‘yes’, at least in many things where our intellect used to be the unchallenged champion of creativity and intelligence. Here are 5 tough intellectual areas where AI is already performing better than humans.
Artificial intelligence is one of the most exciting and transformative opportunities of our time. From my vantage point as a venture investor atPlayfair Capital, where I focus on investing and building community around AI, I see this as a great time for investors to help build companies in this space. There are three key reasons.
First, with 40 percent of the world’s population now online, and more than 2 billion smartphones being used with increasing addiction every day (KPCB), we’re creating data assets, the raw material for AI, that describe our behaviors, interests, knowledge, connections and activities at a level of granularity that has never existed.
Arguably, the open source movement — the idea that a group of technologists freely contributing their own work and commenting on the work of others, can create a final product that is comparable with anything that a commercial enterprise might create — has been one of the great innovation catalysts of the technology industry.
Miller, who defines singularity as “a period of time at which an increase in human or machine intelligence radically changes civilization,” doesn’t make broad predictions about what could happen when it occurs, noting that it may turn into a Utopia or it could destroy society (read more about his book, Singularity Rising, in this review by Humanity+). While everyone who subscribes to the idea of singularity sees it stemming from automation at some point in the future, Miller goes back to the principles described by Adam Smith in the 1700s to illustrate the part economics will play.
Image: Georgia TechGeorgia Tech researcher Dr. Crystal Chao interacts with Simon, a social robot.
Samantha from “Her.” She was smart, feisty, and sometimes pensive. Sam was easy to talk to and brimming with personality.
The AI from Spike Jonze’s 2013 movie caught our attention not just because it had the knowledge base of a thousand IBM Watsons, but also because conversations with Samantha were like chats with a close friend.
Artificial intelligence, which has already made inroads into fields ranging from medicine to aerospace engineering, could end up on end-of-year shopping lists.
That’s because several toy companies – including industry leader Mattel – are planning to roll out an assortment of AI-enabled toys for kids as young as three.
The one toy that everyone has been talking about is Mattel’s Hello Barbie, which is powered by a proprietary platform that was developed by ToyTalk, a San Francisco-based AI company founded by two former Pixar employees. The doll, slated to hit shelves in November, will retail for $74.99 (about R1 000).