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    1. Billionaire Steve Cohen hired 2 investors from the CIA's secretive VC fund for a new Palo Alto office

      Billionaire Steve Cohen hired 2 investors from the CIA's secretive VC fund for a new Palo Alto office

      print Steve Cohen. Point72 Billionaire Steve Cohen has opened a Palo Alto office to invest in early-stage companies focused on big data and machine learning, and he has hired two people who invested on behalf of the CIA. The two men leading the effort are Daniel Gwak and Sri Chandrasekar, who previously worked at In-Q-Tel, a venture capital firm that is mostly funded by the Central Intelligence Agency.

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    2. Here's how AI has changed in the last 20 years

      Here's how AI has changed in the last 20 years

      IBM By Murray Campbell, distinguished research staff member, IBM Research On May 11, 1997, an IBM computer called Deep Blue defeated the reigning world chess champion, Garry Kasparov, capturing the attention and imagination of the world. The six-game match lasted several days and ended with two wins for IBM, one for the champion, and three draws. The match was cast as the ultimate example of man versus machine.

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    3. The inventor of the web Tim Berners-Lee on the future of the internet, 'fake news,' and why net neutrality is so important

      The inventor of the web Tim Berners-Lee on the future of the internet, 'fake news,' and why net neutrality is so important

      print Tim Berners-Lee, the inventor of the World Wide Web, being interviewed by Axel Springer CEO Mathias Dophfner Die Welt Axel Springer CEO Mathias Döpfner sat down with Sir Tim Berners-Lee, the inventor of the World Wide Web, for a far-ranging conversation on the future of the internet, fake news, net neutrality, and the rising tide of censorship in countries across the world.

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    4. Audioboom's revenues jumped last year because podcasts are so popular

      Audioboom's revenues jumped last year because podcasts are so popular

      Audioboom/Facebook Audioboom CEO Rob Proctor. British audio startup Audioboom saw revenues jump last year because podcasts are so popular — but it’s still losing money. According to financial filings, the company brought in £1.3 million for the full year 2016, up from £0.2 million in 2015. That was on a loss of £4.8 million, down from a loss of £7.3 million in 2015. Revenues were driven primarily by advertising.

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      Mentions: New York
    5. We sat down with Microsoft's CEO to discuss the past, present and future of the company

      We sat down with Microsoft's CEO to discuss the past, present and future of the company

      twitter Satya Nadella. Photo: Getty Images Satya Nadella took over as CEO of Microsoft in February of 2014, and in the three years since he has succeeded in turning around what was then a stumbling, aimless company. He recently stopped by Business Insider’s Poland office and spoke with us about the past, present and future of Microsoft. Krzysztof Majdan, Michał Wasowski, Business Insider Poland: You have redefined the original mission established by Bill Gates: a computer on every desk.

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    6. Founders Factory has hired an ex-Imperial machine learning guru to support its startups

      Founders Factory has hired an ex-Imperial machine learning guru to support its startups

      Founders Factory Jeffrey Ng. LONDON — Founders Factory, a company that aims to create and scale startups, has hired former Imperial College London researcher Jeffrey Ng as its chief scientist. At Founders Factory, Ng — who has cofounded several of his own software companies, including visual search and image recognition recognition company Cortexica Vision Systems — will help to develop new artificial intelligence (AI companies, while also providing support to AI companies on the Founders Factory accelerator programme, such as Iris.AI and illumr. In an email to Business Insider announcing the hire, Founders Factory touted Ng’s expertise in big data, natural ...

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    7. A Vc fund that keeps picking British AI winners has raised another £120 million

      A Vc fund that keeps picking British AI winners has raised another £120 million

      Sam Shead/Business Insider UK Evi founder William Tunstall-Pedoe. Venture capital firm Octopus Ventures has raised a £120 million fund to invest in UK technology startups, The Financial Times reports . The London-based investment company, part of UK fund management firm Octopus Group, has reportedly now raised a total of £660 million, fuelled in part by a string of successful UK startup exits.

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    8. Google is using computer systems based on the human brain to translate an increasing number of languages

      Google is using computer systems based on the human brain to translate an increasing number of languages

      twitter Google Google is trying to make Google Translate more accurate by expanding the number of languages that are supported by its neural machine translation software. The software uses deep neural networks — computer systems based on the human brain and nervous system — to translate entire sentences, rather than just phrases. The Californian search giant announced on Monday that Hindi, Russian, and Vietnamese will be powered by neural machine translation in the next couple of weeks.

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    9. Europe is building 'deep tech' clusters beyond London, Berlin, and Stockholm

      Europe is building 'deep tech' clusters beyond London, Berlin, and Stockholm

      Atomico Siraj Khaliq, a partner on the investment team at Atomico. Silicon Valley has long had a reputation for being the world’s technology capital but an increasing number of cities in Europe are starting to give the Californian tech cluster a run for its money, according to a report from venture capital firm Atomico and event organiser Slush.

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    10. A 'Jeopardy!' champion reveals his 5 best tips for better memory

      A 'Jeopardy!' champion reveals his 5 best tips for better memory

      Roger Craig on the Jeopardy! set with host Alex Trebek. The INSIDER Summary: • Roger Craig holds the record for most money won in a single game of “Jeopardy!” • These are his best tips for building up encyclopedic knowledge — and actually remembering it. Roger Craig is “Jeopardy!” royalty: During his initial appearance in 2010, he won a record-breaking $77,000 in a single game. He went on to play in 16 episodes, even playing against formidable opponents like Ken Jennings.

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    11. Huawei has formed a strategic partnership to develop AI

      Huawei has formed a strategic partnership to develop AI

      This is how Taco Bell, Starbucks, and other fast-food chains are using mobile to boost order values This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here . Huawei’s R&D arm, Noah’s Ark Laboratory, announced on Tuesday a partnership with the University of California, Berkley’s artificial intelligence (AI) lab focused on researching AI in all its forms.

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    12. IBM's chief digital officer Bob Lord says the company is changing its 'mindset' so it can appeal to startups and developers

      IBM's chief digital officer Bob Lord says the company is changing its 'mindset' so it can appeal to startups and developers

      IBM Bob Lord, IBM chief digital officer. When Bob Lord announced he was leaving AOL in November last year , most people knew he was going to end up landing a big new role — not least because he told The Wall Street Journal he wanted to run a public company or a company about to IPO. Lord spent more than a decade at ad agencies, ending up as global CEO at Publicis Groupe’s digital technology division, presiding over almost 8,000 employees and $1.8 billion in revenue.

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      Mentions: Google Yahoo Oracle
    13. Machine learning shows the potential of cost-cutting benefits

      Machine learning shows the potential of cost-cutting benefits

      THE WIRELESS CARRIERS REPORT: Industry shake-ups, ripple effects across mobile, and the big changes ahead This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here . Bot creation platform API.AI announced last week its launch of one-click integrations, which enable developers to more easily convert bots for use on chat platforms like Facebook Messenger, Slack, and Kik.

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      Mentions: Apple
    14. Major IT providers announce new IoT platforms partnerships

      Major IT providers announce new IoT platforms partnerships

      print BII This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here . Two separate major partnerships were announced this week in the IoT software platforms market: GE announced that it will make its Predix platform for collecting and analyzing data from connected industrial machines available through Microsoft’s Azure cloud services platform, Forbes reported .

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      Mentions: Microsoft IBM At&T
    15. Facebook users can now write posts in multiple languages thanks to a powerful new AI tool

      Facebook users can now write posts in multiple languages thanks to a powerful new AI tool

      twitter Facebook Have a Facebook friend who speaks another language? It just got that much easier to communicate with them. Facebook is releasing an artificial intelligence tool that lets users write a single post in multiple languages. That means you can write your status in your preferred language and then specify what languages you want the post translated to. Once your post is live, your Facebook friends will only see the post in their preferred language.

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    16. Google has created a new AI research group in Europe to focus on machine learning

      Google has created a new AI research group in Europe to focus on machine learning

      Google Google’s office in Zurich, Switzerland. Google announced in a blog post on Thursday that it has set up a new AI research group in Europe to focus on machine learning (ML). Machine learning is a field of computer science that gives computers the ability to learn without being explicitly programmed. Google Research, Europe — as the group is known — is based out of Google’s office in Zurich, Switzerland, which is home to Google’s largest engineering office outside the US.

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    17. Google IO products

      Google IO products

      Google revealed a handful of slick new products this week that showed off its impressive artificial intelligence and machine learning tech chops. Its new conversational assistant , for example, will take its traditional search product to the next level, letting users ask it questions, find suggestions, or book services through text chat in its new messaging app Allo or voice, in its new smart speaker, Home.

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      Mentions: Amazon Apple Google
    18. Salesforce spent $75 million on acquisitions in Q2

      Salesforce spent $75 million on acquisitions in Q2

      Salesforce's recent outage could cost the company $20 million Salesforce spent roughly $75 million on the three startups it acquired last quarter, according to a regulatory filing submitted Friday . alesforce spent $32.8 million on MetaMind , the natural language processing and image recognition startup it bought in April. It spent an additional $41.6 million on two other companies it didn't name, but they are likely PredictionIO and Implisit Insights.

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    19. Google won't kill Hangouts app

      Google won't kill Hangouts app

      print Google Google executive Nick Fox About one year ago, Nick Fox, the executive in charge of communications at Google , asked some of his engineers what their ideal messaging app would look like if they could build it from scratch. Today, engineer Erik Kay announced the fruits of their labor on stage at its IO developers conference: A new smart messaging app called Allo that integrates Google services like YouTube, Maps, and Search, and will serve up "smart replies" and let users of the app chat with a new virtual assistant. The app aims to bring together all of Google ...

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    20. Google launches Allo

      Google launches Allo

      YouTube Google just launched a new smart messaging app called "Allo" at its developers conference. The app looks a lot like Facebook Messenger, with stickers and the ability to easily send photos, and, like Messenger, can also be used with your phone number. But Allo also "learns over time," and can suggest smart replies through its machine learning, natural language processing, and image recognition abilities.

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      Mentions: Google
    21. Google Assistant

      Google Assistant

      YouTube Google CEO Sundar Pichai Google is launching a new, conversational smart assistant that goes beyond its existing voice search features. The Google Assistant will work across all of a users devices and let users communicate through a chat thread to give everything an "on-going two way dialogue with Google." "We want to give each user its own individual Google," CEO Sundar Pichai said on stage at the company's IO developers conference.

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      Mentions: Chicago Amazon Apple
    22. Two Sigma on Fed minutes

      Two Sigma on Fed minutes

      These 2 charts show a huge problem with bank-CEO pay Two Sigma does things differently. The giant hedge fund, which manages $35 billion, is as much a technology company as it is a hedge fund. It uses advanced technologies to find investment opportunities, and just hosted its annual artificial intelligence competition . One of those technological applications involves using natural language processing (NLP) techniques to analyze the Fed minutes, like those published Wednesday afternoon.

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      Mentions: Fed
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