Artificial Intelligence, Business, Companies, News, VR World

Singapore becomes worlds biggest AI hub

Singapore is attracting the world’s leading artificial intelligence talent because of its status as a cosmopolitan society and strong state backing for technology research, according to the head of the private equity firm building a mega hub in the city for start ups involved in the sector. Joel Ko Hyun Sik, co-founder and chief executive of Marvelstone Ventures, said Alibaba’s announcement last week that it would site one of its global AI research facilities in Singapore was a shot in the arm for the republic’s ambitions to become a regional focal point for the fast growing industry. “There is a clear need for a big playground

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Analysis, Artificial Intelligence, Business, Companies, Entertainment, News

Are people ready for having a sex with robots?

In 2017 most liberal societies accept or tolerate sex in many different forms and varieties. Sex toys and masturbation aids have been used for centuries and can be easily purchased in stores in many countries. Now companies are developing robots for sexual gratification. But a robot designed for sex may have different impacts when compared with other sex aids. Those currently being developed are essentially pornographic representations of the human body – mostly female. Would people have sex with a robot? What kind of relationship can we have with a robot? Will robot sex workers and bordellos be acceptable? Could robots help with sexual healing

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Artificial Intelligence, Asia Pacific (APAC), Business, Education, Global Politics, News

UAE named world first Minister of Artificial Intelligence

Last year the UAE got a Minister of Happiness, and now, in another world first, the country has a Minister of Artificial Intelligence – an acknowledgement by the Emirates that these are the technologies that are going to change the world around us, and quickly. H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and ruler of Dubai, announced a full cabinet reshuffle today, and as part of that 27-year-old Omar Bin Sultan Al Olama has been announced as the Minister of AI. He said that the new Government is a Government for the new Emirati percentage whose goals is to develop knowledge, supporting science and research.

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Business, Companies, Entertainment, News, Virtual Reality (VR)

AMC created VR App that helps you turn into zombie

Now you can experience the full terror of turning into a zombie from “The Walking Dead” in AMC’s new virtual-reality app. The 360-degree scene, which will feature Jeffrey Dean Morgan and Seth Gilliam, will debut on the app following the upcoming season-eight premiere. The scene, produced by Moth + Flame, was directed by Greg Nicotero, an executive producer and special effects makeup supervisor on the series, and co-directed by Kevin Cornish. The app, available now for iOS, Android, Gear VR and Google Daydream, will give users the ability to step into the worlds of The Walking Dead and other AMC shows. Viewers will be able to experience virtual

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Business, Companies, News, Toys

CNN News Drone got appproved

The U.S. Federal Aviation Administration’s Small UAS Rule (also known as Part 107) has provisions to obtaining waivers to the usual requirements for flying drones in the United States. For example, you’re not generally allowed to fly drones at night, although the FAA has granted quite a few waivers allowing flight after dark. But another rule is that you can’t fly drones over people who are not part of your operations, and until about a week ago, the FAA hadn’t waived that rule for anybody. Now it has, for CNN. The FAA is allowing the cable news network to use a drone to obtain video over uninvolved people, even crowds assembled at

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Artificial Intelligence, Auto, Business, Companies, Intel, News

Intel develops a formula for driverless cars safety

Intel and its subsidiary Mobileye have jointly developed a mathematical formula that can objectively figure out just how safely a self-driving car is operating. The model is called Responsibility Sensitive Safety, and revolves around what’s called a “Safe State.” The world’s largest chipmaker calls this a set of standards, based on mathematical formulas, that will govern the behavior of robot cars and trucks. If they’re adopted, Intel argues, it will bring certainty to questions of liability and blame in the event of an accident. There are two main concerns when it comes to autonomous vehicle driving safety. First is what almost all car makers are currently focused on, the sensors, equipment,

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Artificial Intelligence, Auto, Business, Companies, Consumer Electronics Show (CES), News

Toyota Yui wants to know how you feel

After unveiling a concept model for a new line of autonomous vehicles, Toyota expects to start testing these driverless cars in 2020.  Toyota is supposedly combining their Concept-i cars with an AI called “Yui” — the product of spending billions on a venture capital arm meant for AI development. Yui isn’t your typical autonomous driving system. Toyota wants their AI to be able to chat with drivers and get to know them better by using their preferences, emotions, and habits, which Yui builds through deep learning. The company says the Concept-i series is based on its Learn-Protect-Inspire technology that understands people, uses automated driving technology to increase safety and can

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Artificial Intelligence, Business, Companies, News

Veo Robotics raise $12M for better Robot-Human collaboration

Veo Robotics, the company creating intelligent, human-aware systems for industrial robotics, announced $12M in Series A funding led by Lux Capital and GV (formerly Google Ventures). Previous investor Next47, a global venture firm created by Siemens, also participated. In addition, Bilal Zuberi of Lux Capital and Andy Wheeler of GV will join the company’s board of directors. “This is a revolutionary time for global manufacturing,” said Patrick Sobalvarro, Veo’s CEO and co-founder. “For more than 100 years we’ve been using machine tools that are unaware of their users and unable to respond to them intelligently. Bilal Zuberi and Andy Wheeler saw from our first conversations an

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Artificial Intelligence, Business, Companies, Entertainment, Google, News

Google AlphaGo Zero AI started to learn by itself

Google’s DeepMind says it has made another big advance in artificial intelligence by getting a machine to master the Chinese game of Go without help from human players. Named AlphaGo Zero, the AI program has been hailed as a major advance because it mastered the ancient Chinese board game from scratch, and with no human help beyond being told the rules. In games against the 2015 version, which famously beat Lee Sedol, the South Korean grandmaster, AlphaGo Zero won 100 to 0. The newest version of its Go-playing algorithm was not only better than the original AlphaGo, but it had taught itself how to play the

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Analysis, Artificial Intelligence, Business, News, Virtual Reality (VR)

IDC: Robotics, AR and VR are bolstering ICT spending

Worldwide information and communications technology (ICT) spending is set to accelerate over the next five years, thanks to the growth of new technologies including the Internet of Things (IoT), robotics, augmented and virtual reality (AR/VR), and cognitive computing and artificial intelligence (AI). The forecast is part of IDC’s latest Worldwide Black Book forecast. What this forecast shows is a tale of two ICT markets. The traditional IT and telecom spend will stagnate and move toward a handful of cloud computing giants. Traditional IT spending will grow 3 percent to 4 percent annually through the next 5 years. Telecom spending will grow 1 percent per year.

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Artificial Intelligence, Business, Companies, Intel, News, VR World

Intel Partnering Facebook in Conquering AI

Intel is ready to ship its long awaited computer chip used to power artificial intelligence projects by the end of the year. The chipmaking giant is partnering with Facebook and other internet titans investing heavily in artificial intelligence to create the first in what will be a family of “Nervana Neural Network Processors” tailored to the needs of the emerging technology. Intel CEO Brian Krzanich explained the chip-maker’s foray into the red-hot field of artificial intelligence Tuesday and said that Facebook has assisted the company in prelude to its new chip’s debut. “We have a goal by 2020 to be 100 times better than the best AI systems out

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Augmented Reality (AR), Business, Companies, Entertainment, News, Virtual Reality (VR), VR World

Magic Leap Raises $502 Billions Driven by Temasek

Magic Leap, the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding, led by Singapore investment firm Temasek Holdings. The augmented reality company raised such a sum propelling their total venture funding to $1.9 billion. While that’s far less than Uber, Slack, and other tech unicorns, Magic Leap is special because it has no product to show for it -at least we haven’t still seen anything. “We’re excited to welcome Temasek and the other new investors in this round to the Magic Leap family,” Magic Leap founder and president Rony Abovitz said in a release. “We

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Augmented Reality (AR), Business, Companies, Microsoft, News, Virtual Reality (VR), VR World, Wearables, Windows

Microsoft Presenting Easy-To-Use Virtual Reality Experience

Microsoft is trying to nudge laptop and deskbound computers to interact with the three-dimensional world. The company on Tuesday started rolling out its latest bundle of updates to the Windows 10 operating system with features clustered around a bet that people will use their PCs to experience 3-D virtual worlds. Dubbed the Fall Creators Update, the package will make its way in waves to the more than 500 million Windows 10 users starting this week. Business users have the ability to delay updates. This technology “will forever unleash the creativity of people and organizations around the planet,” Alex Kipman, a Microsoft technical fellow working on Windows

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Artificial Intelligence, Asia Pacific (APAC), Business, News

UAE: Boosting Government Performance With AI

The UAE Artificial Intelligence strategy was launched to boost government performance, the rate of accomplishing achievements. The Vice President has set out a new artificial intelligence drive that will one day affect “all our services, sectors and future infrastructure”. Sheikh Mohammed bin Rashid, also the Ruler of Dubai, announced the UAE Strategy for Artificial Intelligence, a major initiative within the UAE Centennial 2070 objectives. The strategy will create a highly productive innovative environment by investing in advanced technologies and AI tools that will be implemented in all fields of work. Launching the strategy, Shaikh Mohammed said: “The UAE Centennial begins now, with the launch of

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Augmented Reality (AR), Auto, Business, Companies, News, Tesla

AR Automotive Market Estimated to Reach $7.98 Billion

While many industries are beginning to embrace augmented reality, it’s really starting to come into its own in the automotive space. According to the International Trade Administration, the automotive industry accounts for roughly 3 to 3.5 percent of the United States gross domestic product. The augmented reality automotive market is estimated to grow at a CAGR of 30.31% during the forecast period, to reach $7.98 Billion in 2025. The base year for the PWC report is 2018 and the forecast period is 2020–2025. The market for augmented reality automotive applications is primarily driven by the increase in adoption of advanced driving assistance systems by OEMs across

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Artificial Intelligence, Business, News, press releases, VR World

U.K.: AI gaining $837 billion by 2035

Artificial intelligence could add 630 billion pounds ($837 billion) to the U.K. economy by 2035, a government-commissioned report said. Nine months after the government commissioned an independent review into artificial intelligence, the authors have revealed their fundings. The major recommendations? AI and its applications shouldn’t be subject to direct regulation, but an AI council should oversee the industry. The report describes Artificial intelligence like the engine of the digital revolution. It depends for its power on a number of prerequisites: computing power, bandwidth, and large-scale data sets, all of which are elements of ‘big data’, the potential of which will only be realised using artificial

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aerospace, Business, Companies, Entertainment, News, VR World

Richard Branson invests in Hyperloop One

Sir Richard Branson’s Virgin Group has invested an undisclosed amount in Hyperloop One, the frontrunner of a number of companies competing to bring Elon Musk’s futuristic vision of a magnetically-propelled high-speed transport system to life. Musk is credited with creating the idea of the hyperloop, a super speedy method of passenger travel that involves pressurized capsules. He also founded The Boring Company, which is setting out to build hyperloop tunnels. Hyperloop technology is based on the idea of using an electric motor to accelerate an electromagnetically levitated pod through a low-pressure tube, which could theoretically reach speeds of up to 670mph with no turbulence. The fastest recorded

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Artificial Intelligence, Business, Companies, Google, News, VR World

Google Gadgets Going High on AI

Instead of making phones with nicer screens, faster chips or polished industrial design, it seems that Google is trying to leverage heavily on Artificial Intelligence. According to Straits Times, Google Assistant, its virtual assistant software powered by artificial intelligence (AI), is on virtually all of Google’s new hardware devices, ever listening and ready to help users with their queries and tasks. Sundar Pichai, Google’s chief executive already had said on a conference two weeks ago that as an “AI first” company, this is a “unique moment in time” for Google to combine hardware, software and artificial intelligence. “It’s radically rethinking how computing should work,” he

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Business, Companies, Entertainment, News, Smart Home, Sport, startups, Virtual Reality (VR), VR World, Wearables

VR Bicycle Ride – No Matter the Weather

Imagine working out on a stationary bike, winding your way through courses based on real roads while your bike adjusts to your speed, gear, and resistance. Then imagine racing against fellow riders in virtual reality. VirchyBike LITE, available on Kickstarter, promises to deliver those experiences and more. “Indoor cycling is one of the most popular cardio exercises, so there are many indoor bikes in the market. However, many are expensive and ineffective at motivating users to work out consistently. We believe that indoor bikes should promote fun and dynamic exercise,” VirchyBike LITE founder and CEO Jaehyun Shin said in a statement. “With VirchyBike, we strive to maximize the indoor

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aerospace, Business, Companies, Entertainment, News, Nvidia, press releases, Space and Science, Virtual Reality (VR), VR World

Nvidia Finally Announced its VR Platform Holodeck

Nvidia announced this week that it has opened early access to Nvidia Holodeck, its intelligent virtual reality platform, for select designers and developers. Nvidia Holodeck brings designers, developers and their customers together from anywhere in the world to discover, build and explore creations in a highly realistic, collaborative and physically simulated VR environment. The platform’s immersive, photoreal experience drives creativity, provides a faster and more accurate understanding of a scene or model, streamlines the review process and reduces the need for physical prototyping. Because of its realistic graphics, accurate real-world physics and multi-user collaboration, Holodeck is already used as a powerful design lab for AI agents

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