Artificial intelligence

British Bank Puts Virtual Human Employee Through Testing Phase

British Bank Puts Virtual Human Employee Through Testing Phase

The Royal Bank of Scotland is currently testing a digital teller named “Cora” which is intended to give a human face to the bank’s automated help service. According to director of innovation at NatWest Kevin Hanley, Cora will be able to answer customer questions round the clock so that its human colleagues can deal with more complex inquiries. If successful, it may even be used to train staff. Hanley added that the prototype can already have a two-way verbal conversation with customers via computers, tablets or mobile phones and learn from mistakes. It is expected to boost the bank’s efficiency […]

UK’s Theresa May Wants Safe and Ethical AI

UK’s Theresa May Wants Safe and Ethical AI

In a speech at the recently held World Economic Forum in Davos, Switzerland, Prime Minister Theresa May said that she wants the UK to lead global efforts in the development of safe and ethical artificial intelligence. The PM revealed that AI-related startups are created almost every week for the last three years in the UK, and added that the country is known to be the first in the world in its preparedness to introduce AI in the government. However, other countries seem to be making greater advances into AI. Google last week chose France as the site for their new […]

China to Build $2 Billion AI Facility in Beijing

China to Build $2 Billion AI Facility in Beijing

State news agency Xinhua recently revealed that China is planning to build an artificial intelligence development park in the western part of Beijing. The AI park will reportedly cost around 13.8 billion yuan ($2.12 billion) and can accommodate up to 400 enterprises which is estimated to have an annual output of 50 billion yuan. Project developer Zhongguancun Development Group is said to be looking for partners in foreign universities for the “national-level” AI lab in the area. China has recently stepped up efforts in AI development prompted by tensions between Beijing and Washington over the military application of AI. According […]

Top Computer Scientist Says AI Will Pose Challenges to Regulators

Top Computer Scientist Says AI Will Pose Challenges to Regulators

At a Reuters Event in Toronto last Monday, Google VP and renowned computer scientist Geoffrey Hinton said that the development and application of AI in various fields will inevitably give rise to new challenges which regulators may find difficult to tackle. The pioneer in deep learning recently led a group of researchers from the University of Toronto in the development of several key algorithms used by neural networks to process massive amounts of data. These networks are trained to identify patterns so it can perform tasks like a human brain would. Hinton also revealed that deep learning may soon find […]

Google Adds 10,000 Staff to Handle Extremist Content on YouTube

Google Adds 10,000 Staff to Handle Extremist Content on YouTube

YouTube chief Susan Wojcicki recently revealed that Google will be adding 10,000 more employees in 2018 to handle the growing problem of extremist content on YouTube. Wojcicki said that the video sharing site is taking aggressive action towards terrorist and other inappropriate content, and had been using computer-learning technology to remove such content from the platform. She added that the company’s staff had already taken down around two million offensive videos since June, and it helped train the technology identify material which need to be removed. YouTube and similar tech companies have vowed to increase their effort in policing content […]

Amazon Ramps Up AI Efforts, Announces New AWS Features

Amazon Ramps Up AI Efforts, Announces New AWS Features

Earlier this week, Amazon announced several new features that leverages machine learning for its Amazon Web Services. The company had recently been pushing to take a dominant position in Silicon Valley’s AI race. With the newly introduced features, AWS customers will now be able to “train” their own AI algorithms, build apps that can translate languages in real time, conduct video analysis, or scan text for trends. It is said that compared to Apple and Facebook’s AI technologies, small startups and less-tech savvy customers may find Amazon’s offerings to be more suitable.   Source: Reuters

US Think Tank Warns Against China’s Rush to AI

US Think Tank Warns Against China’s Rush to AI

A US think tank recently said that China’s hastened efforts toward the development of artificial technology could upset the balance of global economic and military power. A report from the Center for a New American Security (CNAS) states that the Asian superpower can now easily overtake the US in terms of AI, and revealed that the China’s People’s Liberation Army has already invested in a number of AI projects, with PLA research institutes partnering with the country’s defense industry. Report author Elsa Kania said that China may use AI in unique and unexpected ways since it is unhindered by legal […]