Data and Financial Journalist
It takes approximately 40 minutes for 82,944 processors on the world’s fastest computer to compute what one percent of our brain calculates in a second. Despite this lag, AI has more promising solutions than humans when it comes to addressing the issue of climate change. Climate change is a serious issue that needs immediate attention across the…
In the heart of downtown Seattle lies Amazon Go — a store concept that grabbed headlines after its beta phase opened to the public this year. Its concept could mean that the retail industry could slowly be powered by AI. But the idea already faces competition as tech startups emerge to introduce similar technologies to autonomous retail stores.…
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach. A July 2016 report by CB Insights showed that 41 startups may be introducing AI to fintech. Of the many big names, Goldman Sachs remained dominant in backing as many as four companies that use AI in financial technology.…
In 2006, marketing commentator Michael Palmer had blogged, “Data is just like crude. It’s valuable, but if unrefined it cannot really be used.” After nine years, the statement still holds true across any industry that depends on large volumes of data. It is true that until and unless, data is not broken down into pieces…