Tencent Finally Makes a Big Bet on Artificial Intelligence — The Information

Tencent Finally Makes a Big Bet on #ArtificialIntelligence  #ai

  • Tencent, the company behind China’s largest social network and the world’s biggest online games business, always gets props for its products—but not necessarily for its cutting-edge tech.
  • It will be run by former Microsoft principal researcher Yu Dong, who announced he was joining Tencent at an artificial intelligence conference in March.
  • Mr. Yu is a leading speech recognition expert who spent nearly two decades at Microsoft.

Tencent, the company behind China’s largest social network and the world’s biggest online games business, always gets props for its products—but not necessarily for its cutting-edge tech. Now the juggernaut is taking steps to change that perception with a big push into AI.The owner of the WeChat …
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Is cognitive technology living up to the hype?

Major new insights are in from the front lines of #cognitive and #AI adoption.

  • According to the report, cognitive technology is making good on its remarkable promise to unlock business value.
  • Read our full report: The Cognitive Advantage: Insights from early adopters on driving business value .
  • An IBM study was published today that examines how cognitive technology is being put into practice.
  • Half of early adopters have already seen “major competitive advantage” from adopting cognitive technology, and 58 percent believe it will be a “must have” to remain competitive in three to five years.
  • To reach the conclusions, our researchers surveyed a broad sample of early adopters that embody the diversity of the cognitive market.

An IBM study was published today that examines how cognitive technology is being put into practice. The research, IBM’s first quantitative global study of the cognitive market, is based on survey results from more than 600 early adopters. The report, The Cognitive Advantage: Insights from early adopters on driving business value, is headlined by promising evidence that supports the business case for cognitive.
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Blockchain Adoption Faster Than Expected

#Blockchain Adoption Faster Than Expected

#fintech #Bitcoin #IoT #AI #IBMWatson

  • Over 65 percent of the banks surveyed expect to deploy blockchains at scale within the next three years.
  • One area where blockchains are already seeing considerable use is in logistics, which is opening the way for blockchains to be used as a way to interact with and monitor Internet of Things devices.
  • , this year’s All Things Open conference has responded to interest in blockchains by adding a separate Blockchain track which will run during both days of the event, scheduled for October 26-27 in Raleigh, North Carolina.
  • Blockchains, the distributed database model behind cryptocurrency Bitcoin, continues to prove itself as the next big thing in the enterprise.
  • “With blockchain now moving into the enterprise and there being a significant ‘open’ component to it, it should be extremely well received,” conference chairperson Todd Lewis told Windows IT Pro.

A study released last week by IBM indicates that blockchain adoption by financial institutions is on the rise and beating expectations. This is good news for IBM, which is betting big on the database technology that was brought to prominence by Bitcoin. Yesterday, Big Blue announced that it has made its Watson-powered blockchain service available to enterprise customers.
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