Tech trends you need to follow

I spoke with @BNN and @JonErlichman about 2017 technology trends including #AI and #IoT

  • U.S. Senate majority leader asks Trump to back Keystone XL
  • U.S. election wouldn’t play well with Cineplex customers, CEO says
  • How Trump’s stunning victory wiped out US$1 trillion across global bond markets
  • Trump victory puts Fed’s hike plans into question
  • Bombardier CEO says Trump’s pro-business stance could boost business jets

We talk top tech trends including artificial intelligence with Vala Afshar, chief digital evangelist at Salesforce.
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Becoming Human: Intel is Bringing the Power of Sight to Machines

Becoming Human: Intel is Bringing the Power of Sight to Machines  #MachineLearning

  • Becoming Human: Intel is Bringing the Power of Sight to Machines
  • With the existing applications of Intel’s RealSense platform, Movidius is even better equipped to realize its dream of giving sight to machines.
  • “We see massive potential for Movidius to accelerate our initiatives in new and emerging technologies.
  • Intel acquires eight-year old startup Movidius to position itself as the leader in computer vision and depth-sensing technologies.
  • While the details of the acquisition remain undisclosed, Intel and Movidius both stand to gain from this deal.

Intel acquires eight-year old startup Movidius to position itself as the leader in computer vision and depth-sensing technologies. While the details of the acquisition remain undisclosed, Intel and Movidius both stand to gain from this deal.
Continue reading “Becoming Human: Intel is Bringing the Power of Sight to Machines”

Why a Flextronics Subsidiary Just Bought a Machine Learning Startup

Why a Flextronics Subsidiary Just Bought a #MachineLearning Startup

  • The company’s trackers are designed to lower a solar project owner’s costs and boost its energy output.
  • NEXTracker has been growing rapidly since its acquisition by Flextronics, and now the company has over four gigawatts worth of its trackers operating around the world.
  • The trackers are generally used on large solar panel farms in remote locations that sell their power to utilities or large companies.
  • Electronics giant Flextronics, through its solar gear subsidiary NEXTracker, has acquired a young startup called BrightBox Technologies, which builds predictive modeling and machine learning software, the companies announced late on Monday.
  • NEXTracker will use the company’s software-and the co-founders’ brainpower-to optimize the development and operation of its solar tracking systems around the world.

It’s all about solar energy.
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Flash

Intel buys artificial intelligence startup

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  • Eurostar workers to strike on two August weekends

Read the full article, click here.


@FRANCE24: “Intel buys artificial intelligence startup”


US-based Intel announced a deal to buy an artificial intelligence startup as the computer chip colossus looks to broaden its role in data centers and the expanding internet of things.


Flash

Intel is paying more than $400 million to buy deep-learning startup Nervana Systems

Intel is paying at least $350 million to buy deep-learning startup Nervana Systems

  • The chip giant is betting that machine learning is going to be a big deal in the data center.
  • “There is far more data being given off by these machines than people can possibly sift through,” Waxman said.
  • The chip giant isn’t actually saying how much it is paying, but a source with knowledge of the deal said it is valued at around $408 million.
  • “There’s always a next wave,” Waxman said, noting that corporate computing has already gone from mainframes to client-server and now on to cloud computing. “
  • Intel is snapping up deep learning startup Nervana Systems in a huge bet that artificial intelligence represents the next big shift inside corporate data centers.

Read the full article, click here.


@Recode: “Intel is paying at least $350 million to buy deep-learning startup Nervana Systems”


The chip giant is betting that machine learning is going to be a big deal in the data center.


Intel is paying more than $400 million to buy deep-learning startup Nervana Systems

Intel acquires deep learning startup Nervana for more than $350 million

Intel acquires deep learning startup Nervana  by @jordannovet

  • Nervana was one of my five deep learning startups to watch in 2015 .
  • Nervana open-sourced its Neon deep learning software last year.
  • While Intel has a running business in high-performance computing (HPC), it has taken a back seat to Nvidia, another HPC supplier, when it comes to creating chips for deep learning, a trendy type of artificial intelligence that involves training artificial neural networks on lots of data and then getting them to make inferences on new data.
  • It’s unclear if Google has joined with Intel in that affair.
  • Today’s deal follows Salesforce’s acquisition of MetaMind , another prominent deep learning startup.

Read the full article, click here.


@VentureBeat: “Intel acquires deep learning startup Nervana by @jordannovet”


Chipmaker Intel today announced that it has acquired Nervana, a startup that has been developing artificial intelligence software and hardware. Terms of the deal weren’t disclosed, but a source familiar with the matter told VentureBeat Intel paid more than $350 million.


Intel acquires deep learning startup Nervana for more than $350 million