Artificial Intelligence systems use logic-based agents, software applications which are programmed in a way that make the agents "think" in a logical manner.
Agents can only work when they have access to data, which is provided by a database. If data is available, agents can group the available information into meaningful categories, extracting actionable information that can help business owners take better decisions.
An AI-based system that analyzes website traffic, for example, can predict customer behavior, making retargeting much easier and less expensive.
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IBM predicts that by 2020, 85% of customer interactions will be handled by an AI-based system.
Google acquires DeepMind, a UK-based AI startup, for a reported $525 million.
Init.ai has discontinued its services. The six member team will start working for Apple, helping the company improve Siri.
Mitsubishi Motors Corporation will fit its vehicles with a personal AI assistant, which should make driving safer and easier.
Discover the untapped opportunities of applied AI. Groundbreaking business applications, compelling use cases, rock-solid technical skills, tear-downs of successful AI projects and dissections of failures. The conference will take place at the Hilton Midtown, a spectacular location just steps from Central Park.