IBM partners with U.K. on $300M quantum computing research initiative

IBM -UK partnership

The U.K. government and IBM this week announced a five-year £210 million ($297.5 million) artificial intelligence (AI) and quantum computing collaboration, in the hopes of making new discoveries and developing sustainable technologies in fields ranging from life sciences to manufacturing.

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Alethea AI and artist Robert Alice launch Sotheby’s auction of the ‘first intelligent NFT’

First intelligent NFT

Alethea AI has teamed up with artist Robert Alice to bring a virtual being to life. And they’re auctioning it at Sotheby’s as the “first intelligent nonfungible token” (NFT). The move is a groundbreaking one in that Alethea AI has created a virtual being named Alice using AI technology. She can have rich conversations with people, based on the personality created for her by Robert Alice. And they used NFT technology, which is based on the transparent and secure blockchain digital ledger, to ensure that she is a one-of-a-kind creation.

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How an AI organisation can make a difference during the pandemic

IRS computer vision

Making premises safe during COVID-19 with IRIS Computer Vision. An induction to or summation of the pandemic and its effect all over the world would be superfluous. Most of us have gone through a tidal shift — we have started working from our homes, children have shifted to online education and we’re more reliant on online services. Technology in various verticals has helped curb the magnitude of problems people around the world faced.

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How Artificial Intelligence Enhancing Accounts Payable

Accounts

AI has recently influenced accounts payable. Significant progress has been made in finance and procurement processes in the last few years. There has been an enormous movement to automate manual and strategic activities, especially in accounts payable. The push is causing global enterprises to focus and, as a result, implement process improvement projects.

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“Above the Trend Line” – Your Industry Rumor Central for 6/4/2021

Above the trendline

In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz.

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AI cybersecurity provider SentinelOne files for $100M IPO

SentinelOne

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE).

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In latest big tech antitrust push, Germany’s FCO eyes Google News Showcase fine print

Newspaper stack

The Bundeskartellamt, Germany’s very active competition authority, isn’t letting the grass grow under new powers it gained this year to tackle big tech: The Federal Cartel Office (FCO) has just announced a third proceeding against Google.

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10 Deadly Sins of Machine Learning Model Training

Location cups

10 Deadly Sins of Machine Learning Model Training. ML model training is the most time-consuming and resource-expensive part of the overall model-building journey. Training by definition is iterative, but somewhere during the iterations, mistakes seep into the mix. In this article, I share the ten deadly sins during ML model training — these are the most common as well as the easiest to overlook.

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9 KPIs to measure the impact of AIOps | IT Managed Services

AIOps KPIs

AIOps is a group of tools and components that leverage AI and ML to detect anomalies and threats, predict future outages, resolve issues, and automate standard service desk operations. Consequently, AIOps maximizes network uptime, accelerates incident response and remediation, enhances employee productivity, and decreases costs.
However, before investing in new technology, it is prudent to weigh the benefits against the cost and ensure it will deliver value to the employees, customers, and the business at large. So, let’s take a look at the nine KPIs that measure the impact of AIOps on IT processes.

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Why AIOps is critical for Pandemic business recovery

AIOps platform

Artificial intelligence for IT operations (AIOps) is the solution many businesses need to free up resources and return their focus to innovation. The data speaks for itself—the AIOps market was valued at $13.51 billion in 2020 and is expected to grow by more than 200% to $40.51 billion over the next five years. AIOps presents several benefits to enterprises, like automating mundane tasks, providing actionable reporting and improving risk management.

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