AI & Robotics

Intel just spent approximately $2 billion to acquire Israel-based AI firm Habana Labs. The partnership will “turbo-charge” Intel’s AI offerings for data centers, Intel said in a press release. Habana Labs makes programmable deep learning accelerators. Its Gaudi AI Training Processor, for instance, is expected to deliver up to four-times the throughput of systems built with the…

Despite people of a certain generation’s preference for texting, phone calls haven’t gone the way of the dodo. A recent survey of over 30 million calls conducted by Invoca found a 40% increase in calls across industries, and 75% of consumers say a phone call is the quickest way to get a response from businesses. Plus, phone calls have a 30% to 50% conversion rate, compared to only 1% to 2% for…

Instagram is launching a new feature that is designed to make users think twice before posting videos or photos with offensive captions. Moving forward, whenever someone tries to post a caption that Instagram detects as being potentially offensive, the user will see an alert asking them to reconsider their words. The alert system is entirely automated, with Instagram leaning on data garnered from…

Artificial intelligence has the potential to revolutionize financial services. According to the MIT Sloan and Boston Consulting Group’s 2019 Global Executive Study and Research Report, 90% of respondents agree that AI represents a business opportunity for their companies. Firms are investing heavily in AI capabilities, but few have a clear vision for their adoption strategy or a process for…