MoviePass Ventures Plans to Acquire Films With Distributors

During the Sundance Film Festival, theater subscription service MoviePass announced the launch of MoviePass Ventures, part of a new strategy to co-acquire films with distributors. Data firm Helios and Matheson Analytics Inc. (HMNY), now the majority owner of MoviePass, claims its new service is already boosting domestic box office. HMNY plans to invest in movies so that it can share in downstream revenues, including streaming, pay TV, Blu-ray, DVD, EST, PPV, and ancillary and foreign markets. HMNY could also eventually sell subscriber data to Hollywood studios for targeted marketing. Continue reading MoviePass Ventures Plans to Acquire Films With Distributors

Alexa, Cortana and IBM Executives Envision the Future of AI

Amazon vice president of Alexa Engine software Al Lindsay, IBM general manager of Watson’s Content and IoT platform Cameron Clayton, formerly chief exec of The Weather Channel, and Microsoft AI and Research Group corporate vice president Andrew Shuman were prompted by moderator Avram Piltch, Tom’s Guide editorial director, during a CES panel to depict what artificial intelligence will look like in 2023. Clayton summed it up best. “It’s going to be ubiquitous,” he said. “All connected systems will have AI integrated into them somehow someway.” Continue reading Alexa, Cortana and IBM Executives Envision the Future of AI

Expect Security and Privacy to Emerge as Major CES Topics

As connected devices, big data technologies, and artificial intelligence play an increasingly important role across a growing list of business sectors, new approaches to security and privacy will be necessary to safeguard the lifeblood of these systems — data. We expect to see this manifest itself in a number of different ways next month at CES 2018. Differential privacy and, to a larger extent, blockchain technologies (and the growing attention paid to virtual currency systems) are the topics likely to dominate booths in Las Vegas and conference headlines. Continue reading Expect Security and Privacy to Emerge as Major CES Topics

New Software Tackles Scratch Removal for Film Restoration

At The Reel Thing, an AMIA (Association of Moving Image Archivists) conference, Hollywood technologists and filmmakers gathered to hear presentations on challenges in restoration, remastering and archiving. PurePix Images chief executive Michael Inchalik and University of Georgia mathematics professor Alexander Petukhov looked at how Algosoft is developing software to repair vertical scratches, one of the toughest challenges in digital restoration. “We’re discussing a high-level restoration workflow,” said Inchalik. Continue reading New Software Tackles Scratch Removal for Film Restoration

China Set to Toughen IP Laws in Pursuit of Tech Dominance

China wants to become the most dominant nation in artificial intelligence, and it’s got three advantages that might help that become a reality. In addition to strong government support, which includes a willingness to share data about its citizens, China also has an immense number of engineers to write software and 751 million Internet users who can test out the work they do. As China seeks to gain market share, President Xi Jinping seeks to strengthen intellectual property laws to give its startups an advantage. Continue reading China Set to Toughen IP Laws in Pursuit of Tech Dominance

White House American Technology Council Draws Top Execs

At the conclusion of the inaugural meeting of the White House’s American Technology Council, President Donald Trump called for a “sweeping transformation of the federal government’s technology,” admitting that the government needed to catch up with the private sector and that federal agencies had to deliver “dramatically better services to citizens.” The Council’s mandate is to convert paper forms into easy-to-use websites, and help the government buy better technology and use new tools like artificial intelligence. Continue reading White House American Technology Council Draws Top Execs

WeChat Adds Luxury Brands, Competes With Alibaba, Baidu

China’s most popular messaging app WeChat is drawing in luxury fashion brands. France’s Longchamp and U.K.’s Burberry are selling clothes and purses there, and LVMH brands Givenchy and Dior are conducting flash sales on the app. By hosting upscale retail, WeChat owner Tencent Holdings has put itself in competition with Alibaba Group Holding, China’s dominant e-commerce company, as well as search engine Baidu. All three titans are testing the waters outside their traditional businesses. Continue reading WeChat Adds Luxury Brands, Competes With Alibaba, Baidu

HP Introduces Memory-Driven Computing With ‘The Machine’

Hewlett Packard Enterprise introduced a prototype computer dubbed The Machine, which has a single 160-terabyte memory bank that can simultaneously process the data found in 160 million books. This never-before-accomplished feat reveals the potential of what’s called Memory-Driven Computing. The custom-built computer is, says HPE, the world’s largest single-memory computer, based on the largest R&D program in HPE’s history. The Machine, it adds, and its capabilities will be transformational. Continue reading HP Introduces Memory-Driven Computing With ‘The Machine’

NAB 2017: ETC Charts Path From Big Data to Big Knowledge

At ETC’s conference on machine learning/AI at NAB, director of data and analytics Yves Bergquist talked about the work ETC@USC is doing to understand AI, storygraphics and audience intelligence. At the heart of the question, he said, is why we like or don’t like a movie or TV show. Getting an audience member to describe why she liked her favorite movie, he responded that the people who made that movie don’t know why she liked it. “Not because they’re stupid, but because it is a very complex, multi-faceted question,” he said. Continue reading NAB 2017: ETC Charts Path From Big Data to Big Knowledge

IBM and Salesforce to Link AI Technologies for Data Analytics

Chief execs Marc Benioff of Salesforce.com and Ginni Rometty of IBM announced a new partnership yesterday that will combine the two companies’ artificial intelligence technologies to create new data analytics offerings for helping others target products and services. Available in the second half of 2017, the offerings will introduce “integrated AI services that weave the broad human-like conversation and learning capabilities of IBM’s Watson with Salesforce’s more sales-oriented Einstein,” reports The Wall Street Journal. In an “effort to reinvent itself for the cloud-computing era,” IBM has been tailoring Watson “for a variety of industries including health care, financial services and automobiles.” Continue reading IBM and Salesforce to Link AI Technologies for Data Analytics

Hyper-Targeted Ads of the Future to Rely on TV, Social Media

In the not-so-distant future of advertising, Hollywood, armed with big data, will be able to create precision-targeted ads that will compete with today’s dominant advertisers, social networks. Today, many advertisers are finding that relying on the most popular platforms might not actually give them the reach they want for their ads. Facebook has admitted more than once that it has mistakenly inflated all kinds of ad metrics, from how much time users spend watching video clips to time spent reading articles. Continue reading Hyper-Targeted Ads of the Future to Rely on TV, Social Media

Cisco Systems Plans $3.7 Billion Acquisition of AppDynamics

As part of its push to ramp up software offerings for enterprise customers, Cisco Systems is purchasing software maker AppDynamics Inc. for a premium $3.7 billion, just as the company was about to go public. AppDynamics software helps companies — including airlines, banks and retailers — monitor their applications’ performance and address any potential problems across cloud services offered by Google, IBM and others. The startup was founded by engineer Jyoti Bansal in 2008. Continue reading Cisco Systems Plans $3.7 Billion Acquisition of AppDynamics

CES 2017: The Need for a “Connective Architecture” for Data

Data about your heart. Data about your workout. Data about your sleep. Data about your posture, your focus, your shoes, your pictures, your wallet, your fridge, your front door, your light bulb, your bike, your neighbor, your chair, your car, your desk, your tea, your bikini (?!)… Walking the aisles of CES 2017 last week was a bit like peering into a dystopian feedback loop hell where every single physical object we touch is touching us back — with petabytes of fragmented data and exactly zero intelligence. Here lies the dilemma: While everyone is invested in building the sensor network, nobody is building the brain. Continue reading CES 2017: The Need for a “Connective Architecture” for Data

Microsoft Releases its Server Design Early to Jumpstart Cloud

Microsoft is submitting designs for its new server, Project Olympus, to the open source Open Compute Project eight months before it will be completed, in an effort to influence the data center market. By offering open source designs, the company pressures hardware manufacturers such as Hewlett-Packard to lower pricing of its own cloud infrastructure products. Among the new server’s key strengths are that it can use different international power standards without a need to tweak the hardware and can run a variety of applications. Continue reading Microsoft Releases its Server Design Early to Jumpstart Cloud

President Obama and MIT Media Lab Director Talk Future of AI

Wired editor-in-chief Scott Dadich recently sat down with President Barack Obama and MIT Media Lab director Joi Ito in the White House to discuss the numerous possibilities and potential implications of artificial intelligence and machine learning. “It’s worth thinking about because it stretches our imaginations and gets us thinking about the issues of choice and free will that actually do have some significant applications for specialized AI,” said Obama. “If properly harnessed, it can generate enormous prosperity and opportunity. But it also has some downsides that we’re gonna have to figure out in terms of not eliminating jobs. It could increase inequality. It could suppress wages.” Continue reading President Obama and MIT Media Lab Director Talk Future of AI

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