Big event this week was the World Artificial Intelligence Conference 2018 held in Shanghai. We saw numerous announcements from countries, tech firms, and individuals throughout the event. Highlights include a new partnership on AI between Japan and China, and Amazon’s new research center in Shanghai. Company developments: Amazon launches Scout, a machine learning-powered visual shopping… Read More »
This week we saw some interesting M&A activity. Microsoft made yet another acquisition in the field of AI. This time they acquired Lobe, who’s developed an AI drag and drop tool. In addition we saw U.K. based Medopad acquire Sherbit to continue to enhance their AI driven disease detection solutions. KPMG has previously said Medopad… Read More »
There’s something about the week after Labor day. It seems like every industry starts firing on all cylinders with deals, meetings, and new developments. The AI industry is no different as we saw a plethora of fascinating developments. Highlights include Renesas’ $6.7bn purchase of IDT to expand further into autonomous vehicles, the Pentagon’s $2bn investment… Read More »
Busy week leading into Labor Day weekend. Highlights are centered around the autonomous vehicle world with one of Apple’s self-driving cars getting rear-ended, and Toyota investing $500mm into Uber. Very interesting move by Toyota given their own autonomous vehicle program and Uber’s have struggled compared to peers. Maybe this partnership provides synergies that aren’t immediately… Read More »