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Credit Suisse Data Science Team Leaves to Set up AI Shop, sees Google and Alibaba as the New Competition

About a year and a half ago, Jonathan Wilmot, Credit Suisse’s Chief Global Strategist and Head of Macro Research after over 30 years with the firm, took the data science department and started his own AI investment boutique, WilmotML – as in Machine Learning. Aric Whitewood, CS’s Head of Data Science for seven years, left …

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Apple Looks To AI in New Industries For Post iPhone Era, including Financial Services

In many ways, Apple is on top of the business world because of the iPhone. Technology and foresight allowed Apple to become one of the top three global companies by market cap thanks to the iPhone. Fourth quarter 2018 numbers showed $62.9 billion in revenues and the shipment of Apple’s 2 billionth iOS device, “with …

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Israel’s AI Startups Have Clout with the Cloud: Google, Microsoft & the War for AI Talent

Google just announced its intent to buy Alooma for cloud data migration and to grow its cloud footprint in Israel. Google’s VP of Engineering and Director of Product Management for the Cloud Platform commented that “one of the things we’re most excited about with Alooma is the deep expertise for both enterprise and open source …

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Silicon Valley AI Startups, and how they sell to firms like Amazon, Google and Walmart

Venky Harinarayan and Anand Rajaraman first met at the Indian Institute of Technology, Madras and, while getting advanced computer science degrees at Stanford (and sharing an office with Sergey Brin), founded Junglee, a shopping search engine enabling customers to search for products from online and offline retailers in India, in 1996 (later bringing on two …

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Facebook hires Chief Data Scientist, Google hires Technical AI Director – both let them continue with consulting and research efforts: Flexicurity for AI Stars.

When Mark Zuckerberg last year hired Xin Fu as Head of Data Science from LinkedIn, the most interesting aspect for us was that he is letting him continue to be an advisor to Didi Chuxing’s CTO and Lynk Global’s CEO. Similarly, Google recently hired Amazon’s Senior Director for Alexa AI, Ashwin Ram, as Technical Director …

Facebook hires Chief Data Scientist, Google hires Technical AI Director – both let them continue with consulting and research efforts: Flexicurity for AI Stars. Read More »

JP Morgan launches all mobile bank, “Finn”, with analytics/strategy exec at the helm

Happy New Year… JP Morgan Chase in December 2018 launched “Finn by Chase”, its all mobile bank, which lets customers: Set autosave rules to set aside cash for short-, mid-, or long-term savings goals Track spending with Finn’s insights and trends, with colorful breakdowns Rate purchases with smileys and emoticons to see what they enjoy(ed) …

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Warren Enskat – Weekly AI Summary Dec 23-2018 (WE-WAIS)

Warren Enskat / Weekly AI Summary (WE-WAIS) / 12-23-2018 Some of the AI developments and thoughts from this past week: – The AI Index 2018 … artificial intelligence outpaces computer science in research; Europe is the largest publisher of AI papers, followed by China and the US; ML and probabilistic reasoning top the list of …

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Amazon, Google, and IBM and How AI Monitors Your Emotional State

Alexa now uses transfer learning and self-learning to improve on its own…  TL: deep-learning to model many domains and transfer the knowledge from one to the next SL: autocorrecting based on context clues And in October 2018, Amazon patented a new technology for Alexa to monitor emotions through the pitch and volume of speech. The …

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The Rise of AI and why Companies that Wait to Adopt AI May Never Catch Up (Harvard)

CNBC International this week published an in-depth and provocative video report on “China’s Rise in AI”, presenting and projecting a set of data points that highlight the framework for the AI competition between the US and China, and who is and will be ahead. Take a look: China’s Rise in AI/CNBC International Kai-Fu Lee, who …

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