Engineer AI

Venture capitalists’ long-running efforts towards launching massive funds for emerging startup segments are paying off as rounds grow larger. By the time native venture capital (VC) firm Jungle Ventures launched its newest fund (and its third in Southeast Asia), it had already pumped up its targets to $200m—significantly larger than the targets it had for its first fund in 2012: $10m. In April 2019, it successfully breached this target and closed the round with a whopping $240m. Jungle Ventures’ latest round is one of Singapore’s largest for 2019 and highlights how VC firms are pushing their funding goals further than ever. But a question remains: where does the money from these big rounds go? According to Valmiki Nair, partner at Dentons Rodyk, startups in fintech, payment services, B2B, and digital tech are getting the most attention from these funds. This is reflected in the data aggregated by Enterprise Singapore (ESG) which showed that for the first three quarters of 2019, di...

Builder, an AI-enabled platform that lets anybody build apps and software without knowing how to code, has propelled Builder Now. It is a instant prototyping tool that empowers organizations bring app ideas to life within minutes. "This assists clients with venturing out structuring an application and make their business thought a reality in under 10 minutes. The tool also suggests a real-time cost and timetable for the venture based highlights and clients' necessities," said Sachin Dev Duggal, CEO and co-founder, Builder.ai ( Engineer.ai ). Its turnkey platform builds, runs and scales just about anything customers can think of, Duggal said, adding “Our human-assisted AI (artificial intelligence) can build tailor-made software using the collective knowledge of what has been built before; an assembly line connects re-usable features with specialist creators.” This does not require any technical knowledge to build a dream application. “Our platform essentially has an int...

Farnell has published new research on the IoT which confirms strong adoption of Artificial Intelligence within IoT devices, alongside new insights on key markets, enablers and concerns for design engineers working in Internet of Things. AIoT is the major emerging trend from the survey, demonstrating the beginning of the process to build a true Internet of Things ecosystem. Research showed that almost half (49%) of respondents already use Artificial Intelligence in their IoT applications, with Machine Learning the most used technology (28%) followed by cloud-based Artificial Intelligence (19%). This adoption of Artificial Intelligence within IoT design is coupled with a growing confidence to take the lead on IoT development and an increasing number of respondents seeing themselves as innovators. However, it is still evident that some engineers (51%) are hesitant to adopt AI due to being new to the technology or because they require specialized expertise in how to implement AI in Io...

Artificial intelligence (AI) should be democratized to assist more with peopling understand it and embrace its potential; We have to create guidelines for AI that are agile and adapt to this quickly advancing innovation; A focus on "Trustworthy AI" offers a promising model for advancement and the administration of AI. Artificial intelligence (AI) has gained widespread attention in recent years. Artificial intelligence is seen as a vital innovation to lead us into what's to come. However, while academics, industry leaders and policy-makers alike, I have watched some growing concerns around the vulnerability of this technology. In my observation, these concerns can be categorized into three perspectives: Many people lack a full understanding of AI and therefore are more likely to view it as a nebulous cloud instead of a powerful driving force that can create a lot of value for society; Some companies or individuals worry that they will fall behind as AI becomes more preval...

As Union Budget 2020 is around the corner, all the business chiefs and people are eagerly waiting to hear something beneficial. Every year, at the same time, expectations of the industry leaders and shoppers from the government on the taxes and others take a flight. A year ago, the financial backing centers around diminishing red tapism, utilizing innovation, building social foundation, digital India, pollution free India, Make In India, work creation in Micro, Small and Medium Enterprises (MSMEs) and putting vigorously in framework. For the Union Budget 2020, PM Modi encouraged common people to share their expectations from the upcoming budget In the middle of a huge economy slowdown where India’s GDP growth is crashing for the first time in eleven years 2019-20. Government is making efforts to rejuvenate the economy. According to the financial conditions each part is anticipating Union Budget 2020. BW Businessworld accumulated a list of expectations from the ventures: He...

  At Facebook, Stan Chudnovsky oversees the Messenger chat app that is utilized by well more than 1 billion individuals every month. He's playing a key role in helping Facebook integrate that app with its other chat tools, WhatsApp and Instagram Direct. The massive project has already gotten pushback from regulators worried about Facebook's size and power. Government officials also worry about Facebook's plans to extend end-to-end encryption to Messenger. Once that happens, Facebook wouldn't be able to respond to law enforcement subpoenas because it wouldn't have a way to unscramble messages. Chudnovsky, who moved to the US from Russia in 1994, joined Facebook in 2015. He spoke with The Associated Press recently about his work and views on privacy. Questions and answers have been edited for length and clarity. Q: What are the biggest roadblocks in bringing end-to-end encryption? A: It's technologically hard to move from the system that is alive and functioni...

While there is a more prominent push towards automating each business procedure, an incremental approach towards "human-assisted AI" for customer relations and interaction is ready to yield more significant results than complete automation, in many cases Overtime the interaction between technology and humans has evolved to the extent that today we depend on technology for everything - work, shop, interact, explore, entertainment, education and the list goes on. As technology evolves, we will further allow it to invade our lives, both personal and professional. Hence, technology will continue to alter the ways we do our tasks, and will also be a defining factor of who will do the job. In fact, as a consumer, we are already surrounded by AI-enabled services which many brands are adopting swiftly for a competitive edge. Resultantly, technology is representing the brand in front of its customers more often now. Undeniably, with the advent of advanced technology such as AI ...