AI - BLOCKCHAIN - FINTECH

Crypto industry shrugs off latest Bitcoin ETF rejection

In the Bitcoin story, the approval of a Bitcoin ETF is supposed to be a seminal event. An ETF is supposed to throw open the floodgates of retail investment into the cryptocurrency by allowing investors to profit from its price volatility by tracking it, instead of owning it directly.  

Why Marketers Use AI for Audience Targeting – eMarketer Trends, Forecasts & Statistics

There are many ways that marketers can use artificial intelligence (AI), but so far, targeting and audience segmenting are among the most common uses for the emerging technology. In a May 2018 survey of 400 digital advertising professionals worldwide conducted by Econsultancy and MediaMath, just one-fifth of respondents said that they don’t plan to use

Crypto Tidbits: Bitcoin ETF Denied, Libra Loses Visa & eBay, SEC Crackdown on Telegram’s Blockchain

This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week.  Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future. Price action (or lack thereof) aside, this week was hectic for the cryptocurrency industry at

The Shift From Fiat Finance To Blockchain: The Era Of Trustless Lending

The financial market has been going through significant changes in the last couple of years due to blockchain becoming more involved in the industry. So many financial firms have turned to cryptocurrency for the sake of providing a better service to their customers.

Warnings Issued For Millions Of Microsoft Windows 10 Users

Dear Windows 10 users, please brace yourselves yet again. Microsoft’s shoddy upgrade practices may have been exposed by a whistleblower, but the tide of frustrating, limiting, chaotic and quite bizarre updates continue. And now there are new warnings every Windows 10 user needs to know about.  

Gartner: Corporate Blockchain Won’t Take Off for Another Decade – Bitcoin News

For years, all sorts of companies have flooded the media with reports of using blockchain technology for everything from tracking vegetables to fake luxury handbags. These claims mostly involved tests that were done only for the sake of publicity, riding the coattails of cryptocurrency, and almost never about actual products. A new report from Gartner

Facebook’s libra cryptocurrency coalition is falling apart as eBay, Visa, Mastercard and Stripe jump ship

EBay, Stripe, Mastercard and Visa are all dropping out of Facebook’s libra cryptocurrency project, the companies announced Friday. The news comes one week after PayPal announced its withdrawal as government regulators continue to scrutinize the plans.

EU Warns of 5G Risks Amid Scrutiny of Huawei

LONDON—The European Union has identified a series of specific security threats posed by foreign vendors of telecommunications equipment, significantly heightening the bloc’s scrutiny of suppliers like Huawei Technologies Co., according to officials familiar with the matter and a privately circulated risk assessment prepared by European governments.

IRS Issues New Guidance On The Tax Treatment Of Cryptocurrency

The Internal Revenue Service (IRS) has issued new guidance for taxpayers who engage in transactions involving virtual currency, including cryptocurrency. The new guidance, which is intended to help taxpayers better understand reporting obligations for specific transactions involving virtual currency can be found at Revenue Ruling 2019-24 (downloads as a PDF) and the frequently asked questions (FAQs) on the IRS

Satoshi Nakaboto: ‘SEC rejects another Bitcoin ETF proposal’

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Nietzsche used to say: Time is money!

Apple’s smart glasses will arrive in the first half of 2020, top analyst says

A Wednesday note from TF Securities analyst Ming-Chi Kuo said Apple is planning a bunch of new hardware for the first half of 2020, including new augmented reality glasses that Apple will build with third-party brands.

Bitcoin And Ethereum Suddenly Soar Despite SEC Blow

Bitcoin and ethereum, the two biggest cryptocurrencies by market value, suddenly soared yesterday despite the U.S. Securities and Exchange Commission (SEC) rejecting the latest attempt at creating a bitcoin exchange-traded fund (ETF).

Artificial intelligence: Why one expert says it’s a waste of money

TechRepublic’s Karen Roby talks with an AI expert who believes we need to rethink our approach and focus more on cost benefit tradeoffs and resourcing. The following is an edited transcript of the interview.

Artificial Intelligence Could Be a $14 Trillion Boon to the Global Economy—If It Can Overcome These Obstacles

Global growth is stalling. Trade wars are hammering manufacturers, from Shanghai to Stuttgart to Seattle. But, awful as today’s economic outlook appears, Industry 4.0 is alive and well, its most ardent backers say. Industry 4.0 is the catch-all term for the implementation by businesses of big data, improved robotics and artificial intelligence systems. And it’s

How deepfakes evolved so rapidly in just a few years

You probably saw that recent report about how 96% of online deepfake videos are pornographic. That’s sure to change in the coming years—veering into political manipulation and propaganda—says the head of Deep Trace Labs, the company behind the study.

Why SoftBank Vision Fund is one of the most complex private equity funds ever raised

SoftBank Vision Fund isn’t just the largest private equity fund ever raised, at $100 billion. It’s also one of the most complicated. How it works: All outside limited partners are promised a 7% annual coupon on their invested capital, which through June had come out to $1.6 billion.

3 E’s of AI: Creating explainable AI – IoT Agenda

I have a belief that’s unorthodox in the data science world: explainability first, predictive power second, a notion that is more important than ever for companies implementing AI. Why? Because AI is the hottest technology on the planet…

Chinese AI project is under review at MIT after US blacklists company

SAN FRANCISCO (BLOOMBERG) – The Massachusetts Institute of Technology (MIT) said it would review the school’s relationship with SenseTime Group, an artificial-intelligence start-up that was among eight Chinese companies blacklisted by the United States this week over alleged human rights violations.

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

In a few months, it will have been eleven years since the Bitcoin network was launched by Satoshi Nakamoto. The fact that the digital cash system has simply existed for this long is a grand achievement, but this is still an experimental project that could fail.

Hacking victim who paid Bitcoin ransom goes on to hack the hackers

A ransomware victim that paid Bitcoin to unlock his files has enacted sweet vengeance on his attackers, by hacking them right back. As part of his retaliation, German programmer Tobias Frömel (aka “battleck”) released almost 3,000 decryption keys to assist others hit by the Muhstik ransomware, alongside free decryption software, BleepingComputer reports.

‘Scam’ or Iteration? At Devcon, Ethereum Diehards Still Believe in 2.0

For ethereum’s critics in the bitcoin community, last month brought a “gotcha” moment. Joseph Lubin, co-founder of the second-largest cryptocurrency by market cap, acknowledged onstage at Ethereal Tel Aviv that the network, in its original form, wasn’t built for mass adoption. “We knew it wasn’t going to be scalable for sure,” the ConsenSys CEO said.

The U.S. Government Tried To Shut Down Bitcoin

Bitcoin conspiracy theorists have long suspected the U.S. government, among others, would like to shut down bitcoin. Bitcoin’s first decade has seen its price explode, making early adopters overnight millionaires, and prompting some of the world’s biggest technology companies to create their own versions of bitcoin.

SNB and Swiss Stock Exchange Team Up on Digital Currency

The Swiss National Bank and stock exchange SIX will jointly explore how to make central bank digital money available for the trading and settlement among financial market players.

$6 Billion United Nations Agency Launches Bitcoin, Ethereum Crypto Fund

UNICEF is now accepting bitcoin and ethereum donations as part of a larger effort to re-invest the funds into startups using blockchain to solve a wide range of problems.

Gartner says blockchain is sliding into ‘the trough of disillusionment’

I’m sorry to be the bearer of bad news but according to Gartner‘s Hype Cycle, blockchain is “sliding into the trough of disillusionment,” meaning the technology is struggling to live up to the hype. In the firm’s own words, the “trough of disillusionment” means that “interest [in the technology] …

Senators Caution Mastercard, Visa, Stripe on Libra Membership

Two Senate Democrats are urging three payment processing companies to reconsider their involvement with the Libra cryptocurrency project envisioned by Facebook Inc. and a coalition of other groups.

Byron Deeter on investing in 14 different billion dollar companies

Byron Deeter entered venture capital the hard way–by gaining a lot of empathy (and entrepreneurial scar tissue) after founding Trigo Technologies, an early cloud business back in the first wave of SaaS. After selling Trigo to IBM in 2004, he joined Bessemer as a partner. Since then he has led more cloud companies through IPOs

Meet the former prosecutor asked to investigate bitcoin who became the face of crypto VC investing

Seven years ago, bitcoin was a foreign language to federal prosecutor Katie Haun. That changed when her boss at the U.S. attorney’s office asked her to look into shutting it down.  

“AI Sells, Data Delivers!”

The world is advancing at a faster pace and new technologies are coming up to reshape the business world and society. One of these emerging technologies is Artificial Intelligence (AI). Artificial Intelligence has gained momentum in the world like other technologies such as the Internet of Things (IoT), Blockchain, 3D printing, Robotics etc.

France Watchdog Continues Crackdown on Binary Options Brokers

Several European countries, including France, have permanently banned the sale of binary options to retail customers. France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated ‎binary options brokers representing their offering under several brands.

AI isn’t ready to take fund manager jobs yet

How good is artificial intelligence at managing money? To judge by the recent performance of some AI-driven strategies, it doesn’t look like the robots are going to take over from the humans anytime soon.

Prepare for the Deepfake Era of Web Video

It has always been good advice to take what you see on the internet with a pinch of salt, but online video has lately become even less trustworthy. Deepfakes, clips altered or fabricated with an artificial intelligence technique called machine learning, make alternative realities easier to create and disseminate.

Blockchain is not only crappy technology but a bad vision for the future

Blockchain is not only crappy technology but a bad vision for the future. Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong

Do Crypto Payment Restrictions Undermine Blockchain’s Core Values?

The power of cryptocurrency payment service providers is under the spotlight after a $100,000 donation to an Amazon rainforest charity was blocked last month. American cryptocurrency payment service provider BitPay reportedly blocked a Bitcoin payment from charity organization Amazon Watch because it had failed the internal processes of the payment platform.

Satoshi Nakaboto: ‘Top 1000 Bitcoin addresses own 34% of the total supply’

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Habermass used to say: There’s only one way to go from here! Bitcoin Price We closed the day, September 21 2019, at a price of $10,019. That’s a minor 1.60

Bitcoin ‘Messiah’ Goes To War With The ‘Deep State’

One of bitcoin and crypto’s oldest proponents, the founder and former chief executive of U.S. online retailer Overstock, Patrick Byrne, is going all-in on gold, silver, and cryptocurrencies. The “Mad King,” as he was labelled by Forbes in a recent profile, wants to protect his dwindling resources so he can “go to war” with the “Deep State”

Bitcoin Flatlines While Ether, XRP Surge; Bitcoin ETF Imminent?

IS THE WORLD READY FOR A BITCOIN ETF? The SEC has published a detailed presentation shared by Bitwise, the venture backed-cryptocurrency index and fund provider, arguing why the world is ready for its first bitcoin ETF on a major exchange. Bitwise thinks the crypto market can support a fund based on spot market efficiency, institutional-grade custody of crypto assets

This Picasso painting had never been seen before. Until a neural network painted it.

The Old Guitarist is probably the most famous painting from Picasso’s Blue Period. It dates from 1903-1904, when the young artist was living in poverty in Paris. Picasso used the color blue to represent the emotional pain and desolation he was experiencing at the time.  

AI is here — should we trust it?

Rapid adoption of any new technology product is essential to those who sell it. The faster the adoption curve, the faster companies can make a profit on the technology. Generally speaking, consumer embracement of new technology starts slowly and gradually gains momentum until it becomes mainstream, and this process can be opaque and often can

Scientists create robot which can mimic human movement and CHOOSES people

Scientists have created autonomous AI robots which have free will and the ability to mimic humans. Sony’s Pendulus is an interactive robotic pendulum which sits inside an orb shaped cage and detects human presence with the help of multiple sensors placed around a room.

Convolutional Neural Network for Breast Cancer Classification

Breast cancer is the second most common cancer in women and men worldwide. In 2012, it represented about 12 percent of all new cancer cases and 25 percent of all cancers in women. Breast cancer starts when cells in the breast begin to grow out of control. These cells usually form a tumor that can

Merging with AI: How to Make a Brain-Computer Interface to Communicate with Google using Keras and OpenBCI

Eon Musk and Neuralink want to build a Brain-Computer Interface that can act as the third layer of the brain, allowing humans to form a symbiotic relationship with Artificial Intelligence. But what if you can already do that? In a (very) limited form, you actually can.

An AI app that turns you into a movie star has risked the privacy of millions

ZAO, a viral Chinese app that uses AI to face-swap users and famous actors, is now embroiled in a major privacy controversy. The news: On Friday, a new app released by Momo, a social-media developer, instantly went viral on Chinese social media. It allows users to upload a single portrait and, within seconds, see their

Facebook has leaked 419 million phone numbers

The news: A security researcher discovered a database pulled from Facebook that contained over 419 million phone numbers. The data included Facebook IDs and in some cases names, genders, and countries. Because the server hosting the database wasn’t password-protected, anyone could find and access it, according to Sanyam Jain, the researcher who passed his discovery

How merging AI with Blockchains can lead to Decentralized Finance and the Fourth Industrial Revolution.

Since a few years a new technology named Blockchain promised more transparency, security, speed and efficiency. The first Blockchain entered the public after the financial crisis of 2008 and produced the cryptocurrency Bitcoin. A new “economy” was born; the crypto-economy. More than 10 years later, we see almost 1,500 new cryptocurrency projects and platforms pretending

Moonday Mornings: North Korea denies earning $2B by hacking cryptocurrency exchanges and banks

If you’re reading this, that means we successfully lured you into clicking our Bitcoin-related headline. Sucked in. What it really means, though, is that you and I have now entered into a (rather loose) social contract. It demands you are provided with enough interesting cryptocurrency tidbits so that you don’t complain to us on Twitter about

Biohackers are pirating a cheap version of a million-dollar gene therapy

A group of independent biologists say they plan to copy a costly gene therapy. Are they medicine’s Robin Hood or a threat to safety? Citing the tremendous cost of new drugs, an international group of biohackers say they are creating a knockoff of a million-dollar gene therapy. The drug being copied is Glybera, a gene

An AI system identified a potential new drug in just 46 days

The approach is based on two popular AI techniques: generative adversarial networks and reinforcement learning. The news: A team from AI pharma startup Insilico Medicine, working with researchers at the University of Toronto, took 21 days to create 30,000 designs for molecules that target a protein linked with fibrosis (tissue scarring). They synthesized six of these

SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets

The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings.

Artificial intelligence is taking an increased role in diagnosing and treating cancer

Doctors hope the future of cancer treatment is personal: Using genetics, they’ll be able to match patients with precisely the drug or treatment option that will fight their tumors. However, information on tumor genetics often isn’t linked with data on how well patients with those tumors did on particular treatments.  

The Military Secretly Built An “Artificial Brain” Called Sentient

Since 2010, American intelligence agencies have been developing a top-secret “artificial brain” military AI system that they named — seriously — “Sentient.” Newly released confidential and classified documents first reported by The Verge describe the National Reconnaissance Office (NRO)’s Sentient Program as a fully-integrated intelligence system that can coordinate satellite positions and may soon be used to

The great AI swindle

It was a scandal. Third-party contractors, many working from places where data protection legislation is lax (or even non-existent), were listening and transcribing recordings of conversations from people who unwittingly believed robots were doing all the work. Conversations about work, finance, and romance were snooped upon, analyzed, and then typed up.      

How tech is transforming the intelligence industry

At a conference on the future challenges of intelligence organizations held in 2018, former Director of National Intelligence Dan Coats argued that he transformation of the American intelligence community must be a revolution rather than an evolution. The community must be innovative and flexible, capable of rapidly adopting innovative technologies wherever they may arise.  

To Be Ethical, AI Must Become Explainable. How Do We Get There?

As over-hyped as artificial intelligence is—everyone’s talking about it, few fully understand it, it might leave us all unemployed but also solve all the world’s problems—its list of accomplishments is growing. AI can now write realistic-sounding text, give debating champs a run for their money, diagnose illnesses, and generate fake human faces—among much more.    

North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Program

The hackers of the country were suspected many times for involvement in crypto exchange hacks. North Korea has raised around $2 billion from stealing cryptocurrencies and fiats to fund its weapons of mass destruction, a confidential United Nations’ report revealed. “Democratic People’s Republic of Korea cyber actors, many operating under the direction of the Reconnaissance

Global Data Regulators Jointly Raises Concerns Over Libra

The regulators asked for more in-depth information on the company’s plans with data and design of the network. Multiple global data and privacy watchdogs have issued a joint statement, raising concerns on Facebook’s upcoming digital currency Libra. Published on Monday by the U.K. Information Commissioner’s Office (ICO), the statement was additionally signed by representatives of

Protecting The Internet From Government Censorship Is Key To The Future Of Global Trade

As the U.S. and China wrestle over tariffs, public attention naturally focuses on manufacturing. But for years manufacturing’s share of global trade has been shrinking, while trade in services has been growing. The economy of the future will be leveraged on the exchange of knowledge and intellectual property. This should make commercial services sold via the internet

New Data Reveals Serious Bitcoin Warning

Bitcoin has been rallying hard so far this year but the latest bull run, which has seen the bitcoin price soar by around 200% in just six months, could be coming to an end. The bitcoin price, which is now hovering just under $10,000 per bitcoin, has climbed so far this year mostly due to

Big Bitcoin Corrections Expected and Normal, Could BTC Drop to $8k Soon?

The doom merchants immediately start rejoicing as soon as Bitcoin begins to dump but in reality this is simply a normal and expected component of the market cycle. At the moment BTC is down just over 30 percent from its 2019 high but it could drop even further.  

Brain-Machine Interfaces Are Getting Better and Better—and Neuralink’s New Brain Implant Pushes the Pace

Elon Musk grabbed a lot of attention with his July 16 announcement that his company Neuralink plans to implant electrodes into the brains of people with paralysis by next year. Their first goal is to create assistive technology to help people who can’t move or are unable to communicate.

What Tokenization is Doing To Real World Assets

The tokenization principle brought about by blockchain technology is a fundamental element in the much talked about revolution that this technology portrays. The knowledge that previously unsplittable entities can now be broken down into smaller units and made more accessible is a mind-changing philosophy.  

Microsoft Invests $1 Billion in OpenAI’s Mission to Build Artificial General Intelligence

Since its inception in 2015, OpenAI has been chasing the lofty goal of developing artificial general intelligence (AGI) for the benefit of all. But it turns out that doesn’t come cheap, so now Microsoft will pump $1 billion into OpenAI’s effort. As smart as today’s best AI is, it still doesn’t have the kind of

Sound waves let quantum systems ‘talk’ to one another

Researchers at the University of Chicago and Argonne National Laboratory have invented an innovative way for different types of quantum technology to “talk” to each other using sound. The study, published Feb. 11 in Nature Physics, is an important step in bringing quantum technology closer to reality. Researchers are eyeing quantum systems, which tap the

MIT Fellow Says Facebook ‘Lifted’ His Ideas for Libra Cryptocurrency

Avid students of the literature on monetary innovation might feel deja vu when reading Facebook’s Libra white paper. Several aspects of the social network’s much-ballyhooed global cryptocurrency project uncannily resemble the vision laid out in a paper published last year in the Royal Society’s Open Science publication.  

IRS Says It’s Sending Warning Letters to US Cryptocurrency Owners

The U.S. Internal Revenue Service (IRS) announced Friday that it has begun sending letters to taxpayers who own cryptocurrency, advising them to pay any back taxes they may owe or to file amended tax returns regarding their holdings. In a news bulletin, the agency said that it began mailing what it called “educational letters” last

A Stark Prediction For The Future Of Bitcoin, Ether, XRP And Litecoin

Bitcoin, ETH, XRP and LTC prices, will be on a roller coaster for a long time. Traders and investors will make and lose fortunes in record time, betting on them. In the end, say some analysts, these cryptocurrencies will either die on their own, or be killed by the ‘establishment’ — big governments and big

Microsoft Bets $1 Billion On The Holy Grail Of AI

Microsoft is back to its winning ways. And with its surging profits, the company is looking for ways to marshal its enormous resources to keep up the momentum. Perhaps one of the most important recent deals is a $1 billion investment in OpenAI. The goal is to build a next-generation AI platform that is not

DeepMind’s AI learns to generate realistic videos by watching YouTube clips

Perhaps you’ve heard of FaceApp, the mobile app that taps AI to transform selfies, or This Person Does Not Exist, which surfaces computer-generated photos of fictional people. But what about an algorithm whose videos are wholly novel? One of the newest papers from Google parent company Alphabet’s DeepMind (“Efficient Video Generation on Complex Datasets”) details

Ethereum’s faltering hashrate makes it susceptible to attack

Ethereum’s hashrate is down 42% from its all-time high in August 2018 suggesting mining interest is waning. The second-largest cryptocurrency by market cap has struggled with its mining hashrate in 2019, according to hash analytics site, Long Hash. The hashrate remains 42 percent below what was seen during Ethereum’s high of 295 GH/s back in

Desktop Crypto Mining Malware Is Disappearing but Cloud Computing Exploits Are Growing

A new report from Skybox Security suggests that desktop crypto mining malware popularity has fallen considerably this year but that cloud computing attacks – essentially attacks that create hundreds of infected computing containers online – has risen drastically in 2019. “Use of malicious cryptominers — cybercriminals’ overwhelming tool of choice in 2018 — has declined

Machine learning builds a breast cancer ‘atlas’

Scientists at the University of Zurich have used artificial technology to help analyse millions of cells from breast cancer tissue of 140 tumours, to create what they describe as an ‘atlas’ of machine learning to analyse millions of cells from breast cancer tissue, which it’s hoped could provide a more detailed roadmap to new therapy

Mystery Surrounds Cancelation of $4.5 Million Warren Buffett Lunch With Chinese Crypto Founder

Warren Buffett was supposed to sit down at a steakhouse this month and hear about cryptocurrency from a Chinese entrepreneur and seven of his friends. But now the lunch—which is the prize in an annual charity auction held by the Oracle of Omaha—may be off indefinitely amid reports the entrepreneur, Justin Sun, is being detained

Elon Musk’s brain-interface company is promising big news. Here’s what it could be.

We think Neuralink, which develops brain-machine interfaces, is recording from the neurons of monkeys as a stepping stone toward humans. Neuralink, the secretive company bankrolled by Elon Musk to develop brain-computer interfaces, will provide its first public update later today in an event streamed over the internet.

You’re very easy to track down, even when your data has been anonymized

A new study shows you can be easily re-identified from almost any database, even when your personal details have been stripped out. The data trail we leave behind us grows all the time. Most of it isn’t that interesting—the takeout meal you ordered, that shower head you bought online—but some of it is deeply personal:

Real-Time Data Streaming with Kafka and TensorFlow

The flux of data is increasing exponentially in this age of Digital awakening. Data has become so important to major industries and sectors around the globe that it can literally be referred to as digital gold! From simple company centric applications to major platforms interweaving people from all around the world, data has started to

The Important Difference Between Virtual Reality, Augmented Reality and Mixed Reality

Now that there’s rapid growth in virtual reality (VR), augmented reality (AR) and mixed reality (MR), there is increased confusion about the differences between the technologies. While all are immersive technologies (technology that integrates virtual and real-world elements) and have similarities, there are differences. Here I outline the differences between virtual reality, augmented reality, and

What is bias in AI really, and why can’t AI neutralize it?

Selection algorithms everywhere are exhibiting traits that appear to be racist, sexist, and otherwise discriminatory. Have neural networks already developed their own neuropathy? Or are people somehow the problem? Suppose a CCTV camera were to spot your face in a crowd outside a sports stadium. In a data center somewhere on the planet, an artificial

With This AI, 60 Percent of Patients Who Had Surgery Could Have Avoided It

Machine learning algorithms that combine clinical and molecular data are the “wave of the future,” experts say A man walks into a doctor’s office for a CT scan of his gallbladder. The gallbladder is fine but the doctor notices a saclike pocket of fluid on the man’s pancreas. It’s a cyst that may lead to

Lenovo Confirms 36TB Data Leak Security Vulnerability

Lenovo has confirmed that a “high severity” security vulnerability has left users of specific network-attached storage devices with data exposed to anyone who went looking for it. How much data? How does at least 36TB grab you? That’s the number that the security researchers who uncovered the vulnerability in the Lenovo-EMC storage products put on

First programmable memristor computer aims to bring AI processing down from the cloud

ANN ARBOR—The first programmable memristor computer—not just a memristor array operated through an external computer—has been developed at the University of Michigan. It could lead to the processing of artificial intelligence directly on small, energy-constrained devices such as smartphones and sensors. A smartphone AI processor would mean that voice commands would no longer have to

Bitcoin And Crypto Suddenly Branded A ‘National Security Issue’

Bitcoin and cryptocurrencies have been thrown into the limelight over recent months by social media giant Facebook’s plans to launch its own private cryptocurrency next year, with much of the attention negative. U.S. president Donald Trump sent shockwaves through the bitcoin and cryptocurrency …

Artificial intelligence can now identify depression in a child’s speech

A newly developed artificial intelligence (AI) system can now detect depression and anxiety by analysing a child’s speech pattern. One in five children reportedly suffers from depression and anxiety. Because children under eight-years-old are not able to clearly explain their emotional struggles, it is difficult for adults to recognise the potential mental health issue. This

How AI may speed up drug development

Machines may be better than humans at a critical part of the drug-discovery process — and billions of dollars are riding on their abilities. Driving the news: Google’s DeepMind recently “beat seasoned biologists at predicting the shapes of proteins, the basic building blocks of disease,” Bloomberg reports. Startups, big biotech companies and venture capital firms are all

U.S. proposes barring big tech companies from offering financial services, digital currencies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.  

Top 10 Digital Transformation Trends for 2020

Over the last few years, most discussions about the next year’s Digital Transformation trends had begun to feel a bit repetitive: Cloud, Edge Compute, the IoT, AR… It always seemed like the same chairs being rearranged around the same old room. 2020 will be a departure from that.

There’s a big problem with Facebook’s Libra cryptocurrency

Mark Zuckerberg is known for his boundless ambition. He’s had a longstanding fascination with Caesar Augustus, the Roman emperor who (in Zuckerberg’s words) “established 200 years of world peace.” So having conquered social networking, Zuckerberg has his eyes on something bigger: reshaping the global financial system. Payment services from rivals like Apple and Google essentially

Billionaire Mark Cuban Says Facebook’s Libra a Big Mistake

Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12. During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. He said: “I’m not a big fan of what they’re doing there. […] I think it’s a

Python is eating the world: How one developer’s side project became the hottest programming language on the planet

Frustrated by programming language shortcomings, Guido van Rossum created Python. With the language now used by millions, Nick Heath talks to van Rossum about Python’s past and explores what’s next. In late 1994, a select group of programmers from across the US met to discuss their new secret weapon. Barry Warsaw was one of the

The NBA just invested in this hot AI startup to train and find its next crop of global superstars

The app, backed by the likes of Steve Nash, Jeremy Lin, and Joe Harris, as well as Alibaba, Mark Cuban, and more, just got drafted to the pros. During the NBA draft three weeks ago, Zion Williamson was the number-one pick for the New Orleans Pelicans. Today, the AI-powered basketball training app HomeCourt is being

Attacks against AI systems are a growing concern

European research group says attacks against AI systems are already occurring, difficult to identify, and could be far more common than currently understood. Cyber attackers currently focus most of their efforts on manipulating existing artificial intelligence (AI) systems for malicious purposes, instead of creating new attacks that use machine learning. That is the key finding

$32 Million Swiped From Cryptocurrency Exchange in Latest Hack

Japanese cryptocurrency exchange Bitpoint suspended all services after losing about 3.5 billion yen ($32 million) in a hack that involved Ripple and other cryptocurrencies. The exchange, which is owned by Remixpoint Inc., said about 2.5 billion yen of stolen funds belonged to customers, while Bitpoint owned the rest. Remixpoint shares plunged 19% to their daily

Facebook’s Cryptocurrency Plan Draws ECB Warning on Regulation

Financial regulators must act fast to prepare for the push by U.S. tech giants such as Facebook Inc. into the financial system, according to European Central Bank Executive Board member Benoit Coeure. “It’s out of the question to allow them to develop in a regulatory void for their financial service activities, because it’s just too

AI Trained on Old Scientific Papers Makes Discoveries Humans Missed

Using just the language in millions of old scientific papers, a machine learning algorithm was able to make completely new scientific discoveries. In a study published in Nature on July 3, researchers from the Lawrence Berkeley National Laboratory used an algorithm called Word2Vec sift through scientific papers for connections humans had missed. Their algorithm then

Trusted data and the future of information sharing

Data in some form underpins almost every action or process in today’s modern world. Consider that even farming, the world’s oldest industry, is on the verge of a digital revolution, with AI, drones, sensors, and blockchain technology promising to boost efficiencies. The market value of an apple will increasingly reflect not only traditional farming inputs

The Increasingly Important Task of Promoting Decentralization in the Cryptocurrency Industry

Decentralization has become a hot topic in the past few years as competing blockchain projects criticize the perceived centralization of their opponents. When Facebook officially announced recently that it would be launching its very own digital payment system, millions of people around the world were exposed to the term ‘cryptocurrency’ for the first time.

Leveraging AI And IoT For Citizen Security In Smart Cities

What do you think of when you hear the term smart city? Most likely, you’ll picture a city that offers seamless physical and digital connectivity through well-managed transportation and easily accessible communication networks. You might think of a city that enables convenient, even luxurious living through smart and sustainable housing, intelligent infrastructure, and digitized governance.

The democratization of AI: Why it’s time to make the investment

Artificial intelligence doesn’t belong to the data scientists any more. As the technology has matured, it’s become easier than ever to implement affordable, accessible AI solutions into business workflows. You don’t have to be an expert in the tech — you just need to be an expert in your own operations. And over and over,

AI can simulate quantum systems without massive computing power

It’s difficult to simulate quantum physics, as the computing demand grows exponentially the more complex the quantum system gets — even a supercomputer might not be enough. AI might come to the rescue, though. Researchers have developed a computational method that uses neural networks to simulate quantum systems of “considerable” size, no matter what the

A beginner’s guide to AI: Supervised and unsupervised learning

The AI we use everyday in our phones, cameras, and smart devices usually falls into the category of deep learning. We’ve previously covered algorithms and artificial neural networks – concepts surrounding deep learning – but this time we’ll take a look at how deep learning systems actually learn.

Blockchain and AI Bond, Explained

Artificial intelligence (AI) and blockchain are two of the most-talked-about technologies of the past 10 years, and their evolution has led to significant and promising innovations. The idea of combining them is particularly intriguing. The profit potential for these two technologies is forecast to be in the billions for the foreseeable future. Gartner, a global

DerpTrolling hacker sentenced to 27 months behind bars

A 23-year-old man who was involved in multiple distributed denial-of-service attacks in December 2013 and January 2014 that targeted online gaming services has been sentenced to 27 months in prison. Austin Thompson, known online as DerpTroll, was part of a group known as DerpTrolling that attacked and successfully targeted Sony Online Entertainment, Valve Inc.’s Steam and

Getting up to speed with AI and Cybersecurity

In 1971 Bob Thomas, an American IT academic wrote Creeper, the first computer program that could migrate across networks. It would travel between terminals on the ARPANET printing the message “I’m the creeper, catch me if you can”. Creeper was made self-replicating by fellow academic and email inventor, Ray Thomlinson, creating the first documented computer

Japanese Researchers Teleport Quantum Information into a Diamond

Quantum teleportation is very real. In fact, researchers have already teleported quantum information across cities and even into space. Though this sounds like an Avengers Endgame plot device, quantum teleportation has a host of powerful applications in the near future, mainly in the emergence of quantum technologies.

Accenture patents machine learning module for marrying quantum with classical computing

Accenture Plc has just been awarded a patent relating to quantum computing that underscores the idea that the next-generation of computers will likely have to live alongside their classical cousins for the foreseeable future. Awarded to the business consultancy on Monday, U.S. Patent No. 10,275,721 is the company’s second relating to quantum computing technology.

Quantum computer: we’re planning to create one that acts like a brain

The human brain has amazing capabilities making it in many ways more powerful than the world’s most advanced computers. So it’s not surprising that engineers have long been trying to copy it. Today, artificial neural networks inspired by the structure of the brain are used to tackle some of the most difficult problems in artificial

Andrew Ng – The State of Artificial Intelligence

Professor Andrew Ng is the former chief scientist at Baidu, where he led the company’s Artificial Intelligence Group. He is an adjunct professor at Stanford University. In 2011 he led the development of Stanford University’s main MOOC (Massive Open Online Courses) platform and also taught an online Machine Learning class that was offered to over

ErisX Gets US License to Offer Crypto Futures

US-based cryptocurrency exchange ErisX has received a derivatives clearing organization (DCO) license from the Commodity Futures Trading Commission (CFTC). Granted under the Commodity Exchange Act (CEA), this will allow the exchange to offer digital asset futures contracts to its clients. The exchange already holds a designated contract market (DCM) license and this new one will

BBB Binary Options Scheme Operator Gets 86 Months’ in Prison

Blake Kantor pleaded guilty to operating a scheme to scam investors of Blue Bit Banc and Blue Bit Analytics. The former operator of binary options company Blue Bit Banc and Blue Bit Analytics (BBB), Blake Kantor, has been sentenced to 86 months’ imprisonment after pleading guilty to operating a scheme to scam investors of BBB.

Crypto exchange Huobi to launch its own public blockchain for decentralized financial services

Singapore-based cryptocurrency exchange Huobi is set to launch its own public blockchain network focused on decentralized financial (DeFi) services, following the lead of rival Binance. Huobi has partnered with blockchain startup Nervos for the initiative, it announced Monday. Together, they will build “FinanceChain,” which will allow financial firms and exchanges to deploy their own blockchains,

This is how fast T-Mobile’s 5G network is now

T-Mobile is the fourth and final major US carrier to turn on its 5G network and today, with the help of a Galaxy S10 5G phone provided by Samsung, I’ll become one of the first people to try it out. I’ve just run the first test and guess what — it’s really fast. Today I’m

The END of Bitcoin as we know it.

Bitcoin has lost half of what It was designed to do – build Trust and Transparency.  Bitcoin has lost trust. The recent rise from $4,000 to $14,000 in the past three months may be the end of Bitcoin as we know it.  It’s the second worst thing that could have happened.  Here’s why?  

Facebook’s digital currency may force central banks to create their own

Just a few months ago, Augustín Carstens, the general manager for the Bank for International Settlements (BIS), the so-called central bank for central banks, said his organization saw no value in the potential of central-bank-issued digital currencies. Well, he’s apparently had a change of heart, and the entrance of Facebook and other “big techs” into

Machine learning has been used to automatically translate long-lost languages

In 1886, the British archaeologist Arthur Evans came across an ancient stone bearing a curious set of inscriptions in an unknown language. The stone came from the Mediterranean island of Crete, and Evans immediately traveled there to hunt for more evidence. He quickly found numerous stones and tablets bearing similar scripts and dated them from

Bitfinex Hack New Twist: Two Arrested in Israel After $1.5M Moved

One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing attacks. Just shy of 120,000 Bitcoin (BTC) were stolen in the attack back in 2016, an amount initially worth $72 million, though after Bitcoin’s meteoric rise in the summer

First Blockchain Company Gets Listed on Deutsche Börse-Operated Xetra Exchange

German Blockchain-as-a-Service (Baas) provider Advanced Blockchain AG has become the first blockchain development firm to be listed on Germany’s Xetra digital stock exchange, operated by Deutsche Börse. The news was reported by financial news site DGap on July 1. The Xetra all-electronic trading system was founded in 1997 for use on the Frankfurt Stock Exchange, but has since expanded

Theranos founder Elizabeth Holmes will go on trial next summer

Elizabeth Holmes, the disgraced founder of blood-testing startup Theranos, will officially go to trial in San Jose next year, according to the US District Judge Edward J. Davila of the Northern District of California. Federal prosecutors indicted Holmes and the company’s former president and COO, Ramesh “Sunny” Balwani last summer, charging the pair with two

Retail Blockchain Deep Dive: Marketing

Marketing applications are the third most active area of blockchain use and investment. While supply chain applications are focused primarily on the B2B space, marketing has a mix of B2B solutions (like ad fraud) as well as solutions that are much more consumer-facing (like loyalty programs).  

Quantum Computing Vs. Blockchain: Impact on Cryptography

The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption.

How To Secure The Internet Of Battlefield Things From Cyber Attacks

The proliferation of devices on the Internet is becoming a tidal wave. In addition to your phone, computer, video game console and television, the Internet now connects practically everything that has electronics and sensors: household appliances, heating and air conditioning systems, cars, airplanes, ships, industrial robots, public utilities, home security systems, children’s toys and medical

The Trump administration is considering a ban on end-to-end encryption — that’s a terrible idea

Encryption is one of the most important tools of the modern web. It’s what moves your data around from your device to a company’s server securely and it’s the reason your text messages and conversations aren’t constantly being intercepted and leaked by hackers. Now the Trump administration is considering a potential ban on the technology,

The DeepNude app is the terrifying future of deepfakes

The conversation about deepfakes has recently turned to videos targeting public figures. The fear is that these videos, which depict political leaders and other powerful people saying and doing things they never actually would, will continue to erode trust and allow people to further distance themselves from reality.  

How AI Is Helping Keep You Safe Online and In the Real World

AI is a vital component in keeping you safe from cyberattacks online and criminals in the real world. Artificial Intelligence, or AI, is something of a buzzword of late, but it is a very powerful tool in our digital age. One of its most important roles is security – both in our digital and real-world

The radical idea hiding inside Facebook’s digital currency proposal

The Libra cryptocurrency was unveiled on a wave of hype and speculation. But what its white paper suggested about Facebook’s vision for how we manage our identifying credentials may be just as important.

If quantum computers threaten blockchains, quantum blockchains could be the defense

Quantum computers could break the cryptography that conventional blockchains rely on. Now physicists say a way of entangling the present with the past could foil this type of attack.

Some hacker stole super-secret Mars mission info, and NASA is on the case

Hackers steal video games, computer programs, movie trailers, and just about anything that can exist on a computer or in cyberspace (please don’t be that person), but someone actually had the nerve to mess with NASA. It’s quite a thing to swipe files with data from a major Mars mission, and while no details of that

Cyber criminals steal $27M in Bitcoin by impersonating popular cryptocurrency exchange

The gang was typosquatting a ‘popular cryptocurrency exchange’. Police agencies from the UK and the Netherlands have arrested six people in connection with the theft of €24 million ($27 million) worth of cryptocurrency. According to a statement, the gang stole Bitcoin from at least 4,000 victims across 12 countries. This is likely just the start,

Facebook’s Libra partners remain cautious amid growing scrutiny from regulators

Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According to the New York Times, which cites anonymous executives from seven of Facebook‘s partners, some of the companies are being cautious about associating themselves

A hacker penetrated NASA’s network using a $35 Raspberry Pi

A hacker illegally accessed NASA’s Jet Propulsion Laboratory in 2018 by targeting an off-the-shelf micro-computer called a Raspberry Pi. The breach was discovered in 2018, but just disclosed to the public in a June 18 report. In it, NASA details an “unauthorized” Raspberry Pi that created a portal that allowed the unknown attacker access to

There’s $70,000 worth of Bitcoin hidden inside this image

Satoshi’s Treasure, the alternate reality scavenger hunt for $1 million worth of Bitcoin, $BTC▲11.27% has just released its 14th clue. Best part is: it’s loaded with $70,000 in Bitcoin. “[Three] keys and additional $70,000 will be rewarded to hunters who solve the puzzle,” reads a notice on the game‘s website.

US bill to force tech giants to tell users how much their data is worth

Two US senators have proposed on Monday a bill in Congress to force tech companies to disclose what data they collect about their users and how it is being leveraged by the platform for profit. Named the Designing Accounting Safeguards to Help Broaden Oversight And Regulations on Data (DASHBOARD) Act, the bill was proposed by

This IBM Code Pattern makes it easy to create your own object recognition AI

IBM developer Nicholas Bourdakos recently created a new Code Pattern that lets just about anyone develop and train an AI model to recognize objects using computer vision. Bourdakos’ Code Pattern, called “Create a real-time object detection app using Watson Machine Learning,” relies on a tool called Cloud Annotations. It’s basically a blueprint for training an AI

This AI Uses Echolocation to Follow Your Every Move

Would you consent to a surveillance system that watches without video and listens without sound? If your knee-jerk reaction is “no!”, then “huh?” I’m with you. In a new paper in Applied Physics Letters, a Chinese team is wading into the complicated balance between privacy and safety with computers that can echolocate. By training AI

Artificial Intelligence as a Service: The APAC Market to 2027 – Analytical Solutions Show Growing Trends

The “Asia-Pacific Artificial Intelligence as a Service Market 2019-2027” report has been added to ResearchAndMarkets.com’s offering. The report states that the Asia-Pacific Artificial Intelligence as a Service market is expected to grow in terms of revenue with a CAGR of 43.47% during the forecast period from 2019 to 2027. Japan, China, India, South Korea, ASEAN

AI software market posts huge growth amid digital transformation boom

Robotic process automation (RPA), which provides AI tools for businesses, is now the fastest-growing segment of the enterprise software market, with revenue set to reach $1.3bn in 2019, according to research firm Gartner. “The RPA market has grown since our last forecast, driven by digital business demands as organisations look for ‘straight-through’ processing,” said Fabrizio

Ripple’s CEO Just Made A Sudden ‘Turnaround’ On Bitcoin

Rival supporters of bitcoin and Ripple, the company behind the XRP cryptocurrency, have often not seen eye to eye with accusations thrown from both sides of out-dated technology and centralized control. The recent resurgence in the bitcoin price, which has soared more than 200% so far this year, and pushed up the wider cryptocurrency market

France creates G7 cryptocurrency task force as Facebook’s Libra unsettles governments

France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.  

S. Korea battles a “beehive account” boom

South Korea is abuzz about “beehive accounts”—complicated, umbrella accounts that are run by small crypto exchanges to mask the identity of individual traders. Thanks to this burgeoning financial service there, some  205 crypto exchanges have sprung up to serve South Korea’s population of 52 million people, according to Korean news agency Yonhap.

Hackers are turning our AI security systems against us — but they can be stopped

With the use of AI growing in almost all areas of business and industry, we have a new problem to worry about – the “hijacking” of artificial intelligence. Hackers use the same techniques and systems that help us, to compromise our data, our security, and our lifestyle. We’ve already seen hackers try to pull this

Libra cryptocurrency: dare you trust Facebook with your money?

The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicion. We’ve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various names were bandied about, including GlobalCoin and Facebook Coin. The latter led some people to conclude

Why 85% of AI projects fail

Senior management is still creating barriers to AI adoption and implementation, according to a Pactera Technologies report. Despite increased interest in and adoption of artificial intelligence (AI) in the enterprise, 85% of AI projects ultimately fail to deliver on their intended promises to business, according to a Thursday report from Pactera Technologies.

Deepfakes aren’t a tech problem. They’re a power problem

In the lead-up to the 2016 election, very few predicted the degree to which online misinformation would disrupt the democratic process. Now, as we edge closer to 2020, there is a heightened sense of vigilance around new threats to truth in our already fragile information ecosystem. At the top of the list of concerns is

The Interweaving of Cybersecurity and Artificial Intelligence

On September 28, 2018, the Facebook security team disclosed that hackers/criminals had exploited three vulnerabilities in the Facebook site and have managed to steal data of 50 million users [1]. In this article, an effort would be made to acquaint the discerning reader with the fact as to how cybersecurity has now firmly placed itself in the

This drone relies on AI to dodge objects thrown at it

Researchers at the University of Maryland and the University of Zurich equipped a drone with event cameras and a sonar system to make it capable of detecting and dodging objects thrown at it. This technology could help drones and birds safely co-exist in the sky and it could also prove useful for law enforcement and

New AI Generates Infinite Horrible Marketing Sites

A new website illustrates just how good artificial intelligence has gotten at churning out almost-coherent passages of text. “This Marketing Blog Doesn’t Exist” recreates that particular species of bland PR website, complete with 900-word articles about things like “ROI scales” and “synchronicity” crapped out by AI tools that have learned to mimic online content.

The democratization of AI: Why it’s time to make the investment | Bold360

Artificial intelligence doesn’t belong to the data scientists any more. As the technology has matured, it’s become easier than ever to implement affordable, accessible AI solutions into business workflows. You don’t have to be an expert in the tech — you just need to be an expert in your own operations. And over and over,

An AI “Vaccine” Can Block Adversarial Attacks

For as smart as artificial intelligence systems seem to get, they’re still easily confused by hackers who launch so-called adversarial attacks — cyberattacks that trick algorithms into misinterpreting their training data, sometimes to disastrous ends. In order to bolster AI’s defenses from these dangerous hacks, scientists at the Australian research agency CSIRO say in a press release

3 ways AI will change the nature of cyber attacks

yberattacks are becoming ubiquitous and have been recognized as one of the most strategically significant risks facing the world today. In recent years, we have witnessed digital assaults against governments and the owners of critical infrastructure, large private corporations and smaller ones, educational institutions and non-profit organizations. Not only is no sector immune from cyberattacks,

From Hype to Practical: What’s Next for AI?

After years of hype around AI and machine learning, skepticism, and a focus on practical applications of the technology are now taking center stage. In the security industry, this was abundantly clear at the recent RSA Conference where 45,000 people and a thousand vendors descended on San Francisco to discuss industry challenges and debate over

Google DeepMind founder Demis Hassabis: Three truths about AI

One of the creators of the AI research company famed for building the pioneering AlphaGo AI spells out the technology’s impact and future development. The 2016 victory by a Google-built AI at the notoriously complex game of Go was a bold demonstration of the power of modern machine learning. That triumphant AlphaGo system, created by

6 AI technologies changing project management

Artificial intelligence (AI) is disrupting every industry, including project management, according to a Monday report from the Project Management Institute (PMI). Of 551 project managers surveyed globally, 81% said their organization is being impacted by AI technologies, the AI Innovators: Cracking the Code on Project Performance report found. The proportion of projects that are managed

New Mind-Controlled Robot Arm First to Work Without Brain Implant

f you want to control a robot with your mind — and really, who doesn’t? — you currently have two options. You can get a brain implant, in which case your control over the robot will be smooth and continuous. Or you can skip the risky, expensive surgery in favor of a device that senses your

Facebook’s cryptocurrency has a trust problem

From the beginning, cryptocurrency was about trust. “The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi Nakamoto wrote in the first public announcement of the bitcoin system. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of

This Creepy AI Predicts What You Look Like Based on Your Voice

A new artificial intelligence created by researchers at the Massachusetts Institute of Technology pulls off a staggering feat: by analyzing only a short audio clip of a person’s voice, it reconstructs what they might look like in real life. The AI’s results aren’t perfect, but they’re pretty good – a remarkable and somewhat terrifying example

The World’s Most Valuable AI Companies, and What They’re Working On

It recognizes our faces. It knows the videos we might like. And it can even, perhaps, recommend the best course of action to take to maximize our personal health. Artificial intelligence and its subset of disciplines—such as machine learning, natural language processing, and computer vision—are seemingly becoming integrated into our daily lives whether we like

The fourth Industrial revolution emerges from AI and the Internet of Things

Big data, analytics, and machine learning are starting to feel like anonymous business words, but they’re not just overused abstract concepts—those buzzwords represent huge changes in much of the technology we deal with in our daily lives. Some of those changes have been for the better, making our interaction with machines and information more natural

Building the AI-Powered Organization

Artificial intelligence is reshaping business—though not at the blistering pace many assume. True, AI is now guiding decisions on everything from crop harvests to bank loans, and once pie-in-the-sky prospects such as totally automated customer service are on the horizon. The technologies that enable AI, like development platforms and vast processing power and data storage,

The Rapid Growth of Extended Reality (XR)

We are about to break one of the longest and most eagerly-awaited hype cycles in tech history. XR includes virtual reality (VR), augmented reality (AR), haptics, holograms and an expanding range of immersive tools that use and enhance our natural senses. XR tools blur the boundaries between the physical and virtual worlds, they are opening

Researchers develop algorithm for better robot-human synergy

New York, June 16 (IANS) A team of researchers at Massachusetts Institute of Technology (MIT) has developed an algorithm that accurately tells robots where nearby humans are headed – a discovery that may help humans and robots work together in close proximity. Researchers at MIT and the auto manufacturer BMW have been testing ways since

The whisper of schizophrenia: Machine learning finds ‘sound’ words predict psychosis

A machine-learning method discovered a hidden clue in people’s language predictive of the later emergence of psychosis — the frequent use of words associated with sound. A paper published by the journal npj Schizophrenia published the findings by scientists at Emory University and Harvard University. The researchers also developed a new machine-learning method to more

A spy reportedly used an AI-generated profile picture to connect with sources on LinkedIn

Over the past few years, the rise of AI fakes has got a lot of people very worried, with experts warning that this technology could be used to spread lies and misinformation online. But actual evidence of this happening has so far been thin on the ground, which is why a new report from the

10 Strategies To Help Businesses Prepare For The Future Of The IoT

The internet of things (IoT) is here and is making strong headway into multiple industries. With more than 75 billion devices expected to be connected via the IoT by 2025, businesses simply can’t ignore the potential of the IoT. Tapping into the IoT takes some initiative, but getting some expert advice now can help your

Blow To Bitcoin As Former Banker Makes Stark Price Warning

Bitcoin and cryptocurrency bulls have been out in force over recent weeks and months, pushing the bitcoin price and the wider cryptocurrency market to year-to-date highs and somewhat recovering lost ground after a disastrous 2018. The bitcoin price has more than doubled in the first half of 2019, rising from under $4,000 to over $8,000

Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

Bitcoin’s price consolidation in a tight range continues for the eighth day, as litecoin rallies to its highest level since May 2018. BTC’s 4-hour chart shows $8,053 is the level to beat for the bulls. A high-volume break higher could be followed by a rise to $8,500. LTC looks set to extend its recent rally

Why Stablecoins Stand Out in the Cryptocurrency World

They aren’t as volatile as bitcoin and other crypto assets. But they aren’t mainstream yet. Cryptocurrencies have yet to reach mainstream adoption, but one part of the market that has seen substantial growth is. Stablecoins have become popular in the digital-currency industry because they don’t have the wild volatility associate

The Next Big Privacy Hurdle? Teaching AI to Forget

When the European Union enacted the General Data Protection Regulation (GDPR) a year ago, one of the most revolutionary aspects of the regulation was the “right to be forgotten”—an often-hyped and debated right, sometimes perceived as empowering individuals to request the erasure of their information on the internet, most commonly from search engines or social

Crypto Exchanges Are Facing Their Biggest Regulatory Hurdle Yet

Bitcoin and its fellow cryptocurrencies have surged in popularity partly because they’ve offered a way to skirt the government oversight exercised over traditional financial systems. Well, get ready to kiss much of that autonomy goodbye. On June 21, the Financial Action Task Force — a multi-government effort that develops recommendations for combating money laundering and

IBM’s Watson Studio AutoAI automates enterprise AI model development

Deploying AI-imbued apps and services isn’t as challenging as it used to be, thanks to offerings like IBM’s Watson Studio (previously Data Science Experience). Watson Studio, which debuted in 2017 after a 12-month beta period, provides an environment and tools that help to analyze, visualize, cleanse, and shape data; to ingest streaming data; and to

Understanding Tensor Processing Units

In 2017, Google announced a Tensor Processing Unit (TPU) — a custom application-specific integrated circuit (ASIC) built specifically for machine learning. A year later, TPUs were moved to the cloud and made open for commercial use. Following the line of CPUs and GPUs, Tensor Processing Units (TPUs) are Google’s custom-developed application-specific integrated circuits (ASICs) that are supposed to accelerate

Top AI algorithms for Healthcare

The benefits of AI for healthcare have been extensively discussed in the recent years up to the point of the possibility to replace human physicians with AI in the future. Both such discussions and the current AI-driven projects reveal that Artificial Intelligence can be used in healthcare in several ways: AI can learn features from

Why Swift May Be the Next Big Thing in Deep Learning

If you are into programming, when you hear Swift, you will probably think about app development for iOS or MacOS. If you’re into deep learning, then you must have heard about Swift for Tensorflow (abbreviated as S4TF). Then, you can ask yourself: “Why would Google create a version of TensorFlow for Swift? There are already versions for

An entrepreneur who interviewed 21 billionaires says the same 6 habits helped make all of them successful

Rafael Badziag interviewed 21 billionaires for his book, “The Billion Dollar Secret,” and found that six shared habits helped lead to their success. Billionaireswake up early, keep healthy, read, and contemplate – all elements they incorporate into their morning routine.

Beaxy opens new crypto spot exchange after hacking attempt scuttles launch

Crypto exchange Beaxy Digital LTD is opening up its doors after brushing off a hack two weeks ago. The new exchange is offering crypto-to-crypto trading to start, including 26 trading pairs that cover 16 of the most popular coins, according to the company. The firm has 60,000 pre-registered users and has seen strong demand from

AI adoption is being fueled by an improved tool ecosystem

In this post, I share slides and notes from a keynote that Roger Chen and I gave at the 2019 Artificial Intelligence conference in New York City. In this short summary, I highlight results from a — survey (AI Adoption in the Enterprise) and describe recent trends in AI. Over the past decade, AI and

10 Applications of AI to Fintech

The financial industry follows technological advancement with keen interest. Big banks such as JP Morgan have been early adopters of disruptive technologies like Blockchain. Artificial Intelligence (AI) is a paradigm-shifting technology that is seamlessly changing the way we live, move, interact with each other, shop. Finance is no exception, and the industry is just starting

Scaling Culture in Fast-Growing Companies

Over the past few years, there has been a marked increase in hypergrowth companies across the globe. First coined by Alexander V. Izosimov in the Harvard Business Review in 2008, “hypergrowth” refers to the steep part of the S-curve, where industries and firms grow at an explosive pace. Businesses rapidly expand, company valuation skyrockets, and the

Artificial Intelligence Explained: What Are Generative Adversarial Networks (GANs)?

The field of artificial intelligence (AI) is fast-moving, and new breakthroughs are regularly made. One of the more recent terms rising to prominence is Generative Adversarial Network (GAN) – but what does it mean? The principle behind the GAN was first proposed in 2014, and at its most basic level, it describes a system that

24 Steps To Make Your Cryptocurrency Marketing Campaign A Success

Initial coin offerings (ICOs) funding for startups has exceeded the more traditional venture funding, has leveled the playing field and is an exciting opportunity for entrepreneurs. Now anyone, anywhere in the world with the idea that people believe in can fund their business with a crowdsale. It’s not all about Bitcoin anymore either. There are

Global Artificial Intelligence (AI) Markets to Reach Over $40 Billion by 2024

The global artificial intelligence (AI) markets to reach $44.4 billion and $42.3 billion in Asia-Pacific  and North America Respectively by 2024, according to a newly released report by research firm ResearchAndMarkets.com. Also in the report, the AI in Internet of Things (IoT) devices is forecast to reach $9.5B in North America by 2024. Artificial Intelligence (AI) represents a

Mark Cuban: ‘AI is going to change everything’

Dallas Mavericks owner Mark Cuban contends artificial intelligence, or AI, will transform our way of life. In a recent interview with Yahoo Finance Editor-in-Chief Andy Serwer, Cuban said the impact of AI across different industries and cultures will surpass the wide-ranging effects of some previous technologies, including personal computers, mobile, even the internet. “There’s nothing

How a Decentralized Cryptocurrency Exchange Works (dEX)

For more videos on how to build decentralized applications on The Ethereum Blockchain: https://www.youtube.com/channel/UCY0x… DOWNLOAD FREE VIDEO COURSES: http://www.dappuniversity.com/free-do… How to Build Ethereum Dapp (Decentralized Application Development Tutorial) https://youtu.be/3681ZYbDSSk Donate Ether to the channel: 0x39C7BC5496f4eaaa1fF75d88E079C22f0519E7b9 Website: http://dappuniversity.com/ Follow me on Twitter (@DappUniversity): https://twitter.com/DappUniversity Email me: [email protected]

How do Cryptocurrency Exchanges Work? And What Technologies are Driving Disruption.

Decentralized cryptocurrency exchanges have garnered a tremendous amount of attention in the crypto community, or as we like to call it — CRYPTOSPHERE. Our team has been working relentlessly to build robust and ready-to-scale decentralized cryptocurrency exchange solutions tailored to suit the requirements of cryptocurrency traders and even the general crypto enthusiasts. We have even

How a Cryptocurrency Exchange Works (For Beginners)

How a Cryptocurrency Exchange Works Website: http://dappuniversity.com/ Follow me on Twitter (@DappUniversity): https://twitter.com/DappUniversity Email me: [email protected]

It’s the middle of the night. Do you know who your iPhone is talking to?

It’s 3 a.m. Do you know what your iPhone is doing? Mine has been alarmingly busy. Even though the screen is off and I’m snoring, apps are beaming out lots of information about me to companies I’ve never heard of. Your iPhone probably is doing the same — and Apple could be doing more to

When algorithms mess up, the nearest human gets the blame

Earlier this month, Bloomberg published an article about an unfolding lawsuit over investments lost by an algorithm. A Hong Kong tycoon lost more than $20 million after entrusting part of his fortune to an automated platform. Without a legal framework to sue the technology, he placed the blame on the nearest human: the man who

Blockchains Are a Bad Idea (James Mickens)

From the Digital Initiative’s 2018 Future Assembly on April 6, 2018, James Mickens (Harvard SEAS) presents a talk called “Blockchains Are a Bad Idea: More Specifically, Blockchains Are a Very Bad Idea.” For more information about the Digital Initiative check out https://digital.hbs.edu

Who is winning the artificial intelligence race?

Read the full story on the Stanford Engineering website: https://stanford.io/2RiD6Y7 In a recent talk at Stanford, Kai-Fu Lee says China has taken the lead. Lee is a venture capitalist and author of “AI Superpowers: China, Silicon Valley and the New World Order.” Who’s winning the worldwide competition to develop and exploit artificial intelligence? Not the

Can 10,000 brains and an AI called Rose predict the price of Bitcoin?

Pynk taps people’s brains and feeds the results to artificial intelligence to predict the price of Bitcoin. The judges at Malta’s AI & Blockchain Summit thought that was a neat idea.

Popular paper wallet app falls prey to mysterious vulnerability

WalletGenerator appears to be issuing “duplicate” keypairs to users, posing a security hazard. A deadly vulnerability in WalletGenerator, a service that generates printable private and public keys for storing cryptocurrencies, could affect users who have put funds in wallets generated by the site after August 17, 2018.

Film Producer Raises $100 Million to Launch a Security Token

Proxima Media, a company founded by Hollywood movie producer Ryan Kavanaugh, on Thursday announced that it has raised $100 million to launch a security token. The funding came from two venture capitals – Hong Kong-based Central Wealth Investment Fund and Step Ventures.

Researchers show a machine learning network for connected devices

Researchers at Ohio State University have developed a method for building a machine learning algorithm from data gathered from a variety of connected devices. There are two cool things about their model worth noting. The first is that the model is distributed and second, it can keep data private. The researchers call their model Crowd-ML

Inside Facebook’s robotics lab where machines are learning to think for themselves

Facebook has a dedicated team of AI researchers that are testing out robots A six-legged robot uses trial and error to learn new skills based on an algorithm The goal is to get machines to be able to navigate unpredictable environments Firm says it hopes to use data from these tests to make its AI

Aflac learns important lessons about artificial intelligence and people

Insurer deploys chatbots to boost customer satisfaction, but the human touch is still vital. There’s a big push among companies to adopt artificial intelligence (AI) tools such as chatbots. But in some cases organizations are finding that they still need the human touch in addition to automation when providing support to customers.

What Warren Buffett Thinks About Stocks, Bonds, Gold, Cash, Real Estate, Index Funds, and Cryptocurrencies

Warren Buffett is perhaps the most successful stock investor of all time, so it shouldn’t come as a big surprise that the man known as the Oracle of Omaha prefers to invest in stocks. However, that isn’t the only way Buffett is willing to put his money to work, and he doesn’t necessarily think that

6 Tools that Make Microsoft the Go-to for Machine Learning Now

This is a summary of the latest machine learning (ML) offerings from Microsoft for data scientists and developers. It includes announcements from Microsoft Build 2019, which I was lucky enough to attend. Some of Microsoft’s offerings completely democratise data science and some make a data scientist’s job much easier. What’s great is that there is something

Google’s AI can now translate your speech while keeping your voice

Researchers trained a neural network to map audio “voiceprints” from one language to another.

Google shows how AI might detect lung cancer faster and more reliably

New research from Google shows how machine learning could one day be used to detect signs of lung cancer earlier than often occurs today. Early warning: Danial Tse, a researcher at Google, developed an algorithm that beat a number of trained radiologists in testing. Tse and colleagues trained a deep-learning algorithm to detect malignant lung

Just 376 People Found to Own a Third of All Ether Cryptocurrency

Just 376 people hold a third of all Ether, the cryptocurrency that powers the Ethereum blockchain, according to new research by Chainalysis Inc. Large holders are known in the crypto market as “whales,” which Chainalysis defines as individuals who hold their assets in digital wallets and not on an exchange, Kim Grauer, a senior economist

Could Artificial Photosynthesis Help Tackle the Climate Crisis?

Plants are the planet’s lungs, but they’re struggling to keep up due to rising CO2 emissions and deforestation. Engineers are giving them a helping hand, though, by augmenting their capacity with new technology and creating artificial substitutes to help them clean up our atmosphere. Imperial College London, one of the UK’s top engineering schools, recently

How To Launch Your IEO: Guide For Projects + List of Exchanges

Hardly anybody who are interested in cryptocurrency, recently haven’t heard about IEO. The abbreviation meaning Initial Exchange Offering implicates prosecution of project tokensale on a crypto exchange. If explain easier — this is an ICO, in which one or another exchange acts as a guarantor and venue. The last tokensales carried out in this way

What Is an IEO? Complete Guide to Initial Exchange Offerings

Following the unprecedented rise of ICOs in 2017 and their subsequent drop-off in the latter half of 2018, questions have swirled around both the regulatory and crowdfunding future of the Initial Coin Offering. Unfortunately, the ease and obscurity of raising funds amid the altcoin mania of late 2017 led to nearly 80 percent of ICOs

SEC Slaps Blockchain Author Alex Tapscott, Firm With Fines Over Securities Violations

The U.S. Securities and Exchange Commission (SEC) has fined blockchain author Alex Tapscott and his investment firm NextBlock Global over securities violations. The SEC says that Canada-based NextBlock had been offering securities that were not registered with the SEC “in any capacity” and that false misrepresentations were made about the firm when soliciting investors.

SEC’s Crypto Czar Says Exchanges That List IEOs May Face Legal Risks

Certain exchanges that facilitate initial exchange offerings (IEOs) may be breaking U.S. securities laws, a top Securities and Exchange Commission official has said. Speaking Monday at CoinDesk’s Consensus 2019 conference in New York, Valerie Szczepanik, the SEC’s senior advisor for digital assets and innovation, said cryptocurrency exchanges that facilitate token sales for a fee likely

Bitcoin Below $8,000 As SEC Delays Decision on Bitwise ETF

The San Francisco-based asset manager has filed its initial registration earlier in January 2019. The approval of a regulated crypto derivative this year is now looking far less likely, as the US regulators have once again deferred its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise.

How Merging AI with Blockchain Can Create a More Secure Environment For Data-sharing

Almost 30 years ago we saw the rise of the internet that changed our lives forever. We use it to share pictures, music, movies, our daily life with all around us. We do shopping, business, and banking online. We started to exchange valuable data. Data became powerful. But all these data is now controlled and

The Time Has Finally Arrived – So Who Is Bitcoin Creator Satoshi Nakamoto?

Nearly three weeks ago, a mysterious website and Twitter feed appeared, promising a ‘live reveal’ of Bitcoin-creator Satoshi Nakamoto’s identity. As the countdown timer ticked down, few believed the site would deliver on its promise. But did it? And did we get any proof?

5 Plausible Reasons Bitcoin Price Exploded Over the Weekend

The Rundown Why Bitcoin Price Went Ballistic 1. Front-Running Institutions 2. Front-Running Major Announcements and News 3. Coordinated Buying by Whales 4. Front-Running the Stock to Flow Value of the Next Halving 5. Epic Short Squeeze None of the Above

The rapid development of AI has benefits — and poses serious risks

Investing in AI safety could help ward off a big threat to humanity. Artificial intelligence is playing strategy games, writing news articles, folding proteins, and teaching grandmasters new moves in Go.

The Maturing AI Hype Cycle

Every new technology goes through a hype cycle in which the news coverage is strongly positive at first, often gushing with the possibility for life-altering transformation.

Why Is the Human Brain so Efficient?

The brain is complex; in humans it consists of about 100 billion neurons, making on the order of 100 trillion connections. It is often compared with another complex system that has enormous problem-solving power: the digital computer.

One Language Model to Rule Them All

Natural language understanding(NLU) is one of the richest areas in deep learning which includes highly diverse tasks such as reaching comprehension, question-answering or machine translation.

How malevolent machine learning could derail AI

AI security expert Dawn Song warns that “adversarial machine learning” could be used to reverse-engineer systems—including those used in defense. Artificial intelligence won’t revolutionize anything if hackers can mess with it. That’s the warning from Dawn Song, a professor at UC Berkeley who specializes in studying the security risks involved with AI and machine learning.

​How to differentiate between AI, machine learning, and deep learning

Tech leaders need to put AI and its subcategories into practice—and into common business vocabulary that everyone can understand. Sage, a purveyor of business and accounting software, conducted several artificial intelligence (AI) surveys where 43% of respondents in a US survey, and 47% of respondents in a UK survey said that they had no idea

This is how AI bias really happens—and why it’s so hard to fix

Bias can creep in at many stages of the deep-learning process, and the standard practices in computer science aren’t designed to detect it. We often shorthand our explanation of AI bias by blaming it on biased training data. The reality is more nuanced: bias can creep in long before the data is collected as well

One out of every 11,600 people in San Francisco is a Billionaire

If you want to run into a celebrity, you go to Hollywood. If you want to run into a billionaire, you should move to San Francisco. There are more American billionaires than ever before, according to a new study, and Silicon Valley is their home turf. One out of every 11,600 people in San Francisco

Hospitals are experimenting with machine learning to predict patient emergencies

Hospitals, like much anything else in the modern world, run on machines. Besides the computers that schedule appointments and keep track of occupied rooms, there are a vast array of monitoring devices that read out patients’ vital signs — blood pressure, heart rate, body temperature, breathing rate, and countless other factors.

Forget about artificial intelligence, extended intelligence is the future

Last year, I participated in a discussion of The Human Use of Human Beings, Norbert Weiner’s groundbreaking book on cybernetics theory. Out of that grew what I now consider a manifesto against the growing singularity movement, which posits that artificial intelligence, or AI, will supersede and eventually displace us humans.

Mike Novogratz: Web 3.0 Will Change the World, Not Bitcoin

The world’s largest cryptocurrency, bitcoin (BTC), is not going to change the world as it is just a store of value, Galaxy Digital CEO Michael Novogratz said at ConsenSys’ Ethereal Summit on May 11. Major bitcoin bull and former Wall Street exec Novogratz made his comments during a speech entitled “The Herd Is Still Coming!”

A new way to build tiny neural networks could create powerful AI on your phone

We’ve been wasting our processing power to train neural networks that are ten times too big. Neural networks are the core software of deep learning. Even though they’re so widespread, however, they’re really poorly understood. Researchers have observed their emergent properties without actually understanding why they work the way they do.

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