Toggle light / dark theme

Global AI investment fever has hit Russia, with a recently launched $100 million fund making its inaugural investments.

Announced in late 2016, the fund is backed by Larnabel VC, the venture arm of the Gutseriev family, one of the richest in Russia, and VP Capital, the investment vehicle of Belarussian businessman Viktor Prokopenya.

The joint fund is sector-agnostic. “We are interested in a wide range of companies that apply AI technologies in interesting, unique, and impactful ways. We don’t restrict ourselves to specific industries or sectors. We are interested in every application of artificial intelligence, from fintech to entertainment, to education, and beyond,” Prokopenya told East-West Digital News.

Read more

STATE OF (UN)READINESS The new report offers insights on how Gens X, Y and Z believe the workplace should function and the technologies poised to transform it.

Middle East, Asia, Europe 28 February 2017.

INSEAD Emerging Markets Institute, Universum, The HEAD Foundation and MIT Leadership Centre today announced the release of the second eBook, State of (un)readiness, which sets out to investigate a series of ideas from a bottom-up survey of students and professionals from Generations X, Y, and Z – not from the employer’s perspective.

Read more

Robotic Process Automation Market size is projected to reach USD 2,467.0 million by 2022, growing at a CAGR of 30.14%. While automated solutions industry estimated at the highest CAGR but Rule-based robotic process automation held a larger market share during the forecast period which is led by Asia Pacific region.

Browse 69 tables and 66 figures, 11 Company profiles spread across 146 pages available at http://www.reportsnreports.com/reports/901064-robotic-proces…-2022.html.

Read more

The prospect that artificial intelligence (AI) might one day surpass human intelligence is one that many people, including a number of notable personalities, are terrified of. And it’s not hard to see where that fear is coming from.

As it is, deep learning machines have already shown a number of ways where they outperform humans. So far, they can play video games, recognize faces, and even do stock market trading. There’s one area, though, where humans are still superior, and that’s the speed at which we learn.

Right now, humans learn at a rate that’s 10 times faster than that of a deep learning machine. And it is this ‘superiority’ that has kept that ‘AI taking over humans’ apocalyptic view in the background. Thanks (or no thanks?) to Google, however, this status quo is about to change.

Read more

Tech to aid video search, detection of disease and of fraud.

Artificial intelligence has been the secret sauce for some of the biggest technology companies. But technology giant Alphabet Inc.’s Google is betting big on ‘democratising’ artificial intelligence and machine learning and making them available to everyone — users, developers and enterprises.

From detecting and managing deadly diseases, reducing accident risks to discovering financial fraud, Google said that it aimed to improve the quality of life by lowering entry barriers to using these technologies. These technologies would also add a lot of value to self-driving cars, Google Photos’ search capabilities and even Snapchat filters that convert the images of users into animated pictures.

Read more

Researchers have successfully used spinach leaves to build functioning human heart tissue, complete with veins that can transport blood.

To tackle a chronic shortage of donor organs, scientists have been working on growing various tissues and even whole organs in the lab. But culturing a bunch of cells is only part of the solution — they simply won’t thrive without a constant blood supply.

It’s notoriously difficult to build a working network of fine blood vessels (also called vasculature), especially when you get down to capillaries, which are only 5 to 10 micrometres wide. Blood vessels transport the oxygen and nutrients that a lab-grown tissue sample needs to grow and function.

Read more