Anti-Money Laundering Software – A Global Solution to a Global Problem

  Money laundering is a growing global issue that is heavily affecting the world’s economy and its security. It refers to the illegal activities used to make illicitly acquired funds appear legal and transparent. It is done so that criminals can transfer money through the world freely, without fearing that the funds will be traced to their activities or that they will be confiscated by authorities.     Money laundering, in turn, leads to more corruption in financial systems, bringing more drug-related crimes and illegal activities in society, and providing…

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Rise in AI and Emergence of Quantum Computing Drive the Deep Learning Chip Industry

  The dream of building objects of intelligence that mimic humans has existed for a long time. While most of them appear in sci-fi movies, in recent years, humans have started making intelligent machines that carry out tasks just as humans do. This is a field known as artificial intelligence (AI). Deep learning is nothing but a subcategory of machine learning (ML), which is a branch of AI. ML enables a machine to learn from data accessed by algorithms, which are created by human programmers.   Deep learning is a…

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Streamr Partner With Daisy AI to Enhance Artificial Intelligence Machine Learning

Crypto analytics firm CRYPTICS also becomes a vendor of Streamr Marketplace data   Zug, Switzerland — October 10, 2018 — Streamr, the award-winning open-source, real-time data platform, has partnered with Japan-based Daisy AI, the AI platform using blockchain for deep learning. Daisy AI announces today that it will use Streamr as its official data provider to exclusively purchase data from the Streamr Marketplace. Recognizing the benefits of a decentralized marketplace model for transparent and secure information, Daisy AI is purchasing data for a wide range of purposes including forecasting stock…

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Innovation in AI and its potential impact on various industries

  AI will make a significant impact on various industries such as automotive, gaming, and cybersecurity. The transformation of these sectors is on the horizon.      Technological innovations have taken place in every industry and implementation of artificial intelligence (AI) is on the forefront. The automotive sector is implementing AI for speech inputs and build a connected ecosystem. The gaming industry would also go under transformation with better balance and enhanced user experience. Moreover, detection of new cyber attacks will be possible along with countering them as human expertise…

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Clothing & Food Industry to Undergo Transformation with Implementation of Artificial Intelligence in Manufacturing Process

  An Arizona-based clothing firm has received funding for its AI-based operation. Moreover, the food and beverage industry has been undergoing transformation as AI is implemented in manufacturing processes. Portland, Oregon: An Arizona-based clothing firm has received funding for its AI-based operation. Moreover, the food and beverage industry has been undergoing transformation as AI is implemented in manufacturing processes. Artificial intelligence (AI) technologies are emerging with the faster pace than before in the manufacturing industry. Manufacturers have been reevaluating their processes and determining how to enhance efficiency and make well-informed…

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The AIaaS Market Benefits from the Growing Adoption of Cloud Computing and the Rise in Applications of AI

Infrastructure as a Service (IaaS), Software as a service (SaaS), and Platform as a service (PaaS) are terms that are often heard today. Organizations are currently using one or other form of these ‘as a service’ offerings to focus on their tasks and spend less on another important service. Recently, another such offering is becoming popular – Artificial Intelligence as a Service (AIaaS).   To understand AIaaS, let’s first understand artificial intelligence or AI. AI is nothing but a fast-growing technology that helps to create machines or systems that manifest…

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Global artificial intelligence chip market to grow at a CAGR of 45.4% from 2018 to 2025

Global AI chip industry is driven by the development of smart cities, rise in demand for smart homes, and emergence of quantum computing.   Portland, Oregon – Allied Market Research (AMR), a research firm based in Portland, has published a report titled, Artificial Intelligence Chip Market – Global Opportunity Analysis and Industry Forecast, 2018–2025. As per the report, the global artificial intelligence (AI) chip market garnered a revenue of $4.5 billion in 2017, and is expected to reach $91.1 billion by 2025, registering a CAGR of 45.4% from 2018 to…

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3 Ways Artificial Intelligence Is Changing the Finance Industry

  Financial industry worldwide is increasingly turning to Artificial Intelligence for various reasons. AI enables financial service providers to manage customers better, detect suspicious or fraudulent transactions and above all, helps the client to maintain their accounts better.     Whether AI will reign supreme to take over several functions that require human intelligence remains to be seen. However, in the current scenario, AI is the finance industry in several ways. Understandably, AI integration in financial services differs in every country.   While the US and some countries in Europe have…

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Tug-of-War: Will Blockchain Bring Data Ownership Back to Users?

    ConnecTechAsia Summit speaker, Nicole Nguyen, Head of APAC, Infinity Blockchain Ventures, shares about data ownership and how blockchain could tilt the balance in favour of the end user.   Since the advent of the internet, users have marvelled at the ability to create a persona of themselves online – be it in the first virtual communities, social networks, retail sites and multi-player games. Increasingly, a greater proportion of our personal lives and information can now be found on digital platforms.   Coupled with a plethora of emerging technologies…

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Top Executives from CNN, Casper, Refinery29, Columbia Records UK, eBay, and more join ‘Digital Future Council’ Launching June 18

  Industry think tank connecting innovators across advertising, marketing, and emerging technology bolsters esteemed group of founding members, unveils preliminary events schedule for inaugural gathering in Cannes   LONDON, June 5, 2018 – The Digital Future Council, a first-of-its-kind think tank formed with the mission of bridging the gap between the creative and technology industries, has announced a distinguished selection of founding members ahead of its official launch during Cannes Lions Festival June 18-21. Key executives on board include: Kate Ward, Senior Vice President & Head of International at Refinery29;…

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