Artificial intelligence startups attract tech giants

Artificial intelligence startups

Given the competition in tech and the maturity of the market, artificial intelligence is finally coming out of the shadows. If AI is driven by investments from tech giants, it’s also driven by very young organisations. Startups have carved themselves out a niche on this new market, and it’s not causing friction with the bigger companies. On the contrary, the number of merger/acquisitions, such as fund raising rounds, are on the up. Scroll down for a detailed account of this growing market.  Continue reading

Artificial intelligence the next ‘big bet’ for online retailers, say bosses

Artificial intelligence the next ‘big bet’ for online retailers, say bosses

All rights reserved: The Daily Telegraph – Isabelle Fraser

Artificial intelligence is the key to the future of online retail, business bosses have said, providing a crucial way to help shoppers find what they want. Alex Baldock, chief executive of Shop Direct, which runs very.co.uk and Littlewoods, told the Telegraph Festival of Business in London that artificial intelligence was the company’s “big bet”. Continue reading

Truly, Madly, Deeply Learned: How Deep Learning is Advancing AI in Leaps and Bounds

Truly, Madly, Deeply Learned: How Deep Learning is Advancing AI in Leaps and Bounds

Nature has given human beings an amazing ability to learn. We learn complex tasks, like language and image recognition from birth and continue throughout our lives to modify and build upon these first learning experiences. It seems natural then, to use the concept of learning, building up knowledge and being able to model and predict outcomes and apply that to computer related processes and tasks. The terminology used to describe the technologies involved in this paradigm in computing are Artificial Intelligence (AI). Continue reading