Facebook, Google Pledge to Expand AI Investments in France

After top Google and Facebook executives met with French president Emmanuel Macron, the tech companies vowed to invest artificial intelligence resources in that country’s capital. Google will create a Paris-based AI lab focused on research into automatic learning, language and computer vision. Facebook, which already has created an AI lab in Paris, plans to double its 50-person team there by 2022 and spend 10 million euros ($12.2 million). Both companies also pledge to train that country’s citizens on digital tools. Continue reading Facebook, Google Pledge to Expand AI Investments in France

Venture Capitalists Discuss the Latest Startup Trends at CES

Who better to discover trends at CES 2018 than the venture capitalists that roam the exhibit looking for the most promising startups to fund? TMTPost founder/chief executive Hejuan Zhao brought together three such executives to ask them about what they’ve seen at the show and what they predict for the future. Caerus Ventures co-founder Gregory Borchardt, whose company focuses on connected devices, was astounded by the exponential growth of startup haven Eureka Park, with heavy representation from France and the Netherlands. Continue reading Venture Capitalists Discuss the Latest Startup Trends at CES

First Impressions of CES 2017: Where is All the Data Going?

CES is always a data scientist’s nightmare, and this year is no different. Why? It’s simple. The hardware vision we’re being served (24/7 connection with everything) immediately triggers one critical question: Where will all this data go? How will this comically fragmented data be integrated in a way that creates value for your lives, our families, our organizations? The central conundrum of wearables and IoT, which we see nowhere here, is that the firehose of data created by these devices can only create value if merged together in a way that’s (a) central, (b) safe, and (c) relevant to our lives. Emphasis on (c), of course. Continue reading First Impressions of CES 2017: Where is All the Data Going?

Harder to Trace Than Bitcoin, Zcash Virtual Currency Debuts

Zcash is the latest in virtual currency, designed by academics with advanced cryptography to be untraceable. After only a few days on the market, Zcash is soaring in popularity, with investors paying over $1,000 for a single unit. The company, led by developer Zooko Wilcox, has already received $3 million from several Silicon Valley venture capitalists as well as the support of computer scientists at Johns Hopkins University and the Massachusetts Institute of Technology, and privacy advocates. Continue reading Harder to Trace Than Bitcoin, Zcash Virtual Currency Debuts

Interest in Acquiring Flipboard Heats Up with Tech Companies

Reports recently surfaced that Twitter has been in talks this year to purchase Flipboard, in a deal that would value the company at more than $1 billion. The acquisition would bring an experienced product team to Twitter as well as an heir apparent to CEO Dick Costolo in Flipboard co-founder Mike McCue. However, updates to the news have suggested that talks between the two companies have stalled, and other companies, including Google and Yahoo have since had discussions about possibly acquiring the newsreader app. Continue reading Interest in Acquiring Flipboard Heats Up with Tech Companies

NBCUniversal Hosts Hackathons to Meet Industry Challenges

In attempt to bring new ideas to the table, NBCUniversal invited 300 developers, marketers and designers to partake in a weekend long hackathon to help the media company address some of its most common challenges when it comes issues such as movie releases and television audience retention. While the hackathon offered $25,000 in cash prizes, it was also an opportunity for attendees to access tools for building software applications and NBCUniversal to recruit future employees. Continue reading NBCUniversal Hosts Hackathons to Meet Industry Challenges