AI Startups statistics in Q1 2016 by Venture Scanner

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.

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Artificial Intelligence startups total funding by year (by VentureScanner)

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Read my lips: New technology spells out what’s said when audio fails

New lip-reading technology developed at the University of East Anglia (UEA) could help in solving crimes and provide communication assistance for people with hearing and speech impairments.

The visual , created by Dr Helen L. Bear and Prof Richard Harvey of UEA’s School of Computing Sciences, can be applied “any place where the audio isn’t good enough to determine what people are saying,” Dr Bear said.

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The IBM Watson AI XPRIZE, a Cognitive Computing Competition, was announced on the TED Stage for 5$ mln

The IBM Watson AI XPRIZE, a Cognitive Computing Competition, was announced on the TED Stage on Feb 17, 2016. It is a $5 million competition challenging teams from around the world to develop and demonstrate how humans can collaborate with powerful cognitive technologies to tackle some of the world’s grand challenges.

Every year leading up to TED2020, teams will go head-to-head at World of Watson, IBM’s annual conference, competing for interim prizes and the opportunity to advance to the next year’s competition.

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Microsoft Open Sources Its Artificial Brain to One-Up Google

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Galileo – a new AI system from MIT that could help robots help us during disasters

MIT Galileo CSAIL Computer Science and Artificial Intelligence Laboratory

Computers can be taught to understand many things about the world, but when it comes to predicting what will happen when two objects collide, there’s just nothing like real-world experience.

That’s where Galileo comes in. Developed by MIT’s Computer Science and Artificial Intelligence Lab (CSAIL), the new computational model has proven to be just as accurate as humans are at predicting how real-world objects move and interact.

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5 Things AI Can Do Better Than Humans

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.

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Tesla CEO Elon Musk Leads Billion-Dollar Project To Save World From Artificial Intelligence Takeover

Two tech titans have launched a billion-dollar non-profit that they hope will keep the world safe from an artificial intelligence takeover.

Tesla CEO Elon Musk and Sam Altman, president of Y Combinator announced the launch of Open AI, a project to democratize technology and ensure that one one person or entity ever controls enough artificial intelligence to take over the world.

It’s a lofty premise, but one that takes its cue straight from a James Bond movie: every villain had a wicked plan to rule mankind. Musk and Altman believe a real-life Dr. Evil could someday bring the world to its knees.

Basically, Open AI is a research lab where a cadre of scientists work to create and advance digital intelligence and make that information available to everyone. The open source philosophy will serve as a balance to the private, for-profit model, in which technology is created in service to a few.

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Wikipedia launches edit-checking artificial intelligence

The new AI will check to see if an edit is "damaging"
The new AI will check to see if an edit is “damaging”

Wikipedia has launched a tool designed to automatically highlight low-quality edits to articles.

The Objective Revision Evaluation Service software has been trained by Wikipedia editors to recognise the quality of an edit based on the language and context of the change.

There are about half a million changes to Wikipedia articles every day.

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New Google API for developers helps classify pictures according to what’s in them

Developers can now easily build powerful applications that understand the content of images thanks to new machine vision tools released by Google.

The company unveiled the beta of its Cloud Vision API on Wednesday, giving select developers an opportunity to run advanced image processing services that let their applications more easily handle pictures. Applications can use the tools to do things like identify the most important thing in an image, determine how someone feels from their picture, and detect whether the content of an image is inappropriate.

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Artificial Intelligence for the first time was able to enter to the university

The program showed an average result.
A team of scientists from Japan has established a program of AI, which is the first time the test was able to overcome the barrier for entry into Japanese universities, writes The Wall Street Journal.
Moreover, artificial intelligence showed results above the normal figure, gaining 511 points instead of 416 points (average of the results of entrants). The maximum possible was 910 points.

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