Artificial Intelligence (AI) forms part of the Fourth Industrial Revolution, which is expected to fundamentally alter the way people live. We are in the midst of this revolution, and its end result is unknown.Source: Mediaupdate
A deep neural network model developed by Alibaba has scored higher than humans in a reading comprehension test, paving the way for bots to replace people in customer service jobsSource: Scmp
Thousands of students and technology enthusiasts from Mumbai experienced Artificial Intelligence (AI) for the first time after humanoid Sophia 'spoke' at Indian Institute of Technology Bombay (IIT-B) on New Year's Eve.Source: Hindustantimes
According to IDC, global spending on Artificial Intelligence (AI) and cognitive systems will reach $19 billion by 2018. This is an increase by approximately 54% over the total amount consumed in 2017. Mergers and acquisitions are constantly taking place. 2017 alone witnessed some huge acquisitions like Yahoo was acquired by Verizon, Apple bought Shazam etc. Top consulting company Deloitte predicted that technology acquisitions will accelerate mergers and acquisitions in 2018.Source: HOB
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