Big Tech Companies Acquire Significant Number of AI Startups

The Federal Trade Commission is investigating the purchase of hundreds of small startups made by Big Tech companies Amazon, Apple, Facebook, Google and Microsoft to determine if they have become too powerful. In 2019, a record-breaking 231 artificial intelligence startups were snapped up, which in many cases ended public availability of their products. According to CB Insights, that number compares to 42 AI startups acquired in 2014. Apple has been the No. 1 buyer of these startups since 2010. Continue reading Big Tech Companies Acquire Significant Number of AI Startups

AI Pioneers Are Honored With the Prestigious Turing Award

The Association for Computing Machinery (ACM) honored three artificial intelligence pioneers with the prestigious Turing Award for their work on neural networks. The Turing Award, often dubbed the Nobel Prize of computing, was launched in 1966 and includes a $1 million prize that the three honorees will share. Doctors Geoffrey Hinton, Yann LeCun and Yoshua Bengio helped lay the foundation for the evolution of technologies including facial recognition, digital assistants and self-driving vehicles. Continue reading AI Pioneers Are Honored With the Prestigious Turing Award

Google’s Geoff Hinton Tests Capsule Networks as AI Solution

In 2012, University of Toronto professor Geoffrey Hinton and two grad students showed off artificial neural networks, a technology that empowered machines to understand images. Google hired Hinton and his grad students six months later; Hinton now splits his time between Google and the university. Although neural networks now underlie speech transcription and many other tasks, Hinton isn’t enthused over the technology he helped launch. Instead, he’s now bullish on an “old” idea that could help reshape artificial intelligence. Continue reading Google’s Geoff Hinton Tests Capsule Networks as AI Solution