Warren Enskat Weekly AI Summary Jan 1, 2019 (WE-WAIS)

Warren Enskat / Weekly AI Summary (WE-WAIS) / 1-1-2019

Some of the AI developments and thoughts from this past week:

– AI/Digital Startups within the US Government and the Hunt for AI Talent: recruit top designers, engineers, product managers, and digital policy experts and then pair these digital experts with the nation’s leading civil servants – for the article, please click here.

– Team Liftouts for Big Data and AI in Investment Management – Opportunities and Challenges: liftouts are a preferred route to get an experienced AI/ML team that works well together to hit the road running – no matter whether it’s an investment product with a track record, a distribution/sales team or a group of data, machine learning or AI scientists. For the case studies and examples, click here.

– Stanford Music + Computer Science = $500 million valuation in 5 years: how a subscription-based membership platform for creators and artists used technology and AI to build millions of users and VC investments. For details, click here.

– Blackstone & AI: MIT’s Stephen Schwarzman College of Computing: $350 million gifted to MIT to study and expand research into artificial intelligence, with Blackstone benefiting from the findings for its business. Click here for more.

– Microsoft’s $7.5 billion GitHub acquisition and the AI Game of Thrones: “AI is going to be one of the trends that is going to be the next big shift in technology,” Microsoft CEO Satya Nadella said at a recent investor’s conference. And Microsoft is planning to be a leader in AI from the cloud to the edge – for details, click here.

– From $2.5 billion to $58 billion in ten years: Two Sigma’s AI Investment Strategy… humans and big data crowdsourcing. The firm has hired star researchers to the bench and the plan is to significantly expand the team. Out of the company’s 1,300 people, over two thirds are involved in research and development. Having the best in-house team is one thing – but Two Sigma goes way further. The website greets you with “SEEK: Calling all scientists, engineers, and academics. WE’RE HIRING”. Click here for more.