AneeshVarma

6 Magazines | 4,655 Articles | 11,359 Followers | 1 Like | @aneeshvarma | Founder of Aire (Alternate credit score). FinTech Entrepreneur. Angel Investor. Predictive Algorithms. ThirdCulture Citizen. Traveling Foodie. Lehigh.

How Elon Musk is using Tesla to kill big oil

This has been the planet’s hottest summer in recorded history, so it’s nice to know Elon Musk has commenced his grand scheme to transform the energy …

Energy

Samsung Scoop looks like an Amazon Echo competitor

Samsung has come up with a Bluetooth-connected speaker with a microphone that certainly looks like it would compete with Amazon’s voice-activated Echo and the forthcoming Google Home.<p>Samsung today submitted documents for the device, currently named Scoop, to the U.S. Federal Communications …

Samsung

Facebook’s Artificial Intelligence Research lab releases open source fastText on GitHub

Every day, billions of pieces of content are shared on Facebook. To keep up with the data, Facebook has been using a variety of tools to classify text. Traditional methods of classification, like deep neural networks, are accurate but have serious training requirements.<p>In an effort to classify both …

Facebook

Salesforce buys analytics firm BeyondCore, adding new artificial intelligence capabilities

Pursuing its stated goal to make software smarter, Salesforce has made yet another acquisition, this time agreeing to buy BeyondCore, a San Mateo, …

Analytics

Your Credit Score Doesn’t Matter Unless It’s Bad

I have pretty good credit—right now my score is close to 800. Awesome, right? Sure, except that awesome credit has actually been pretty useless, even …

Cool

IBM reaches breakthrough in artificial intelligence - PACE

IBM has brought artificial intelligence (AI) one step closer to reality by creating technology that imitates the brain’s neurons. The company’s …

IBM

'Siri With Empathy': The Intelligent App That's Changing Mental Health Care

At some stage in their life, one in four people around the world will be affected by a form of mental health condition; from anxiety to bipolar disorder to depression, disorders manifest in myriad forms. It carries an estimated global economic cost of over USD$2 trillion a year, as well as …

Mental Health

Artificial Intelligence Is Key to Autonomous Cyber Security Future

Artificial Intelligence is Key to Autonomous Cyber Security Future -- <i>Artificial Intelligence is a Foundational Technology Being Deployed Today to</i> …

The Future

Carnegie Mellon’s Mayhem AI takes home $2 million from DARPA’s Cyber Grand Challenge

The 2016 DARPA Cyber Grand Challenge has concluded, and the winning team — Carnegie Mellon University’s ForAllSecure — is taking home the $2 million grand prize. What’s that you say — what’s the Cyber Grand Challenge? I’m glad you asked!<p>Like the other challenges the Defense Department’s R&D arm has …

Carnegie Mellon

Exclusive: Apple acquires Turi in major exit for Seattle-based machine learning and AI startup

Machine learning and artificial intelligence startup Turi has been acquired by Apple in a deal characterized as a blockbuster exit for the …

Startups

Westpac backs Reinventure start-ups with another $50m

Australian bank Westpac has doubled its investment in venture capital firm Reinventure – with $50 million for start-ups.This is the second fund to be …

Venture Capital

Data Breach At Oracle’s MICROS Point-of

A Russian organized cybercrime group known for hacking into banks and retailers appears to have breached hundreds of computer systems at software …

Security

Japanese Biometric Startup Feels Future at Its Fingertips

TOKYO—The 1980s movie “Back to the Future Part II” transports viewers to a 2015 where people pay for cab rides with the swipe of a finger.<p>In the real 2016, fingerprints have entered the mainstream as a way to log on to smart devices, but it’s still difficult to pay for rides or at the cash register …

Startups

Consumers Are Opening Credit Card Accounts Like There's No Tomorrow

Consumers learned a valuable financial lesson in the Great Recession: Many people reeled in their debt, became wary of high-interest loans, and returned to spending only the cash they had on hand — until recently.<p>Now, the number of credit-card accounts in the U.S. is rising quickly. And, based on …

Money

This entrepreneur thinks Brexit could be a big boost for Uber

The CEO of a London fintech startup believes we will see a spike in the number of people signing up to be drivers with Uber in the wake of the Brexit vote, as investment, wages, and jobs in the UK suffer.<p>Aneesh Varma, founder and CEO of credit scoring startup Aire, was asked about the impact of the …

Finance (UK)

The fintech grief cycle for bankers

As a few fintech companies such as Lending Club, Betterment, and others have run into some rough patches lately, it has been interesting to note some …

Bereavement

FOR UK FINTECH, PSD2 MAY HAVE TO WAIT

The Brexit vote was not good news for UK fintech. As ‘Project Fear’ has fast become ‘Project Facts’ many will be now wondering how to navigate the …

Banking

Google Seeks Kill Switch for Rogue Artificial Intelligence

Acknowledging the risks associated with developing machines that can "think" for themselves, Google is proposing building an off switch to stop …

An AI wrote a sci-fi short film by learning from 90s screenplays

We’ve previously reported how AI is developing rapidly and gaining the ability to do things like defeat human champions at the game of Go, describe photos in words for vision-impaired users, detect cyber attacks and even write novels and financial reports.<p>That’s old hat – there’s now an AI that can …

Science Fiction

Chinese Startup Horizon Robotics Is Building Chips To Power Artificial Intelligence

The race to build artificial intelligence (AI) computing chips ramps up. Last month Google revealed the development of its new processor Tensor Processing Unit to accelerate this field and the chip will be used at its data centers. Meanwhile Chinese company Horizon Robotics shared similar ambitions …

Robotics

Google has created a new AI research group in Europe to focus on machine learning

Google announced in a blog post on Thursday that it has set up a new AI research group in Europe to focus on machine learning (ML).<p>Machine learning is a field of computer science that gives computers the ability to learn without being explicitly programmed.<p>Google Research, Europe — as the group is …

Machine Learning

Facebook wants chatbots to learn the way people do

Current deep learning technology is not enough for computers to understand language, a major figure in the field said today.<p>The ability to learn the way people learn through observation and experience is what Facebook will use to teach chatbots and computers to carry on a conversation like a human, …

Here’s Why Twitter Just Bought This Artificial Intelligence Startup

The AI arms race continues<p>Twitter is buying Magic Pony Technology, a British company specializing in machine learning, a hot category of artificial intelligence.<p>The social media company’s co-founder and chief executive Jack Dorsey announced the news in a company blog post on Monday. Terms were not …

Machine Learning

Amazon is just beginning to use robots in its warehouses and they’re already making a huge difference

Amazon acquired Kiva for $775 million in 2012 but only started using the orange robots in its warehouses in late 2014. The deal was expected to make inventory management more efficient. It’s now beginning to become clear by how much.<p>The “click to ship” cycle used to be around 60-75 minutes when …

Robotics

Staying Human in the Machine Age: An Interview with Douglas Rushkoff

0 0<p>At the dawn of the internet Douglas Rushkoff wrote the book <i>Cyberia: Life in the Trenches of Hyperspace</i>. A whirlwind tour through the lens of …

Douglas Rushkoff

Alternative lenders aren’t going away, they’re just misunderstood

What a difference a year makes. In 2015, Lending Club was a marketplace-lending leader with a $7 billion market cap, and the media was heralding the approaching tech-enabled lending revolution.<p>Now, with Lending Club and OnDeck Capital’s shares getting pummeled by public market investors, news …

Banking

Twitter is making a huge video push — and moving beyond Vine’s six second limit in the process

Vine is expanding its video limit to 140 seconds.<p>There are a lot of places you can go on your phone to watch videos — Facebook, YouTube and Snapchat are a few popular options. Twitter wants to join that group.<p>So Twitter is rolling out a few significant changes in the hope that users will watch (and …

YouTube

New Apple Watch patents hint at built-in camera and more buttons

Two new patents from Apple reveal some potential new features that could land on the Apple Watch in the future: a camera and a couple extra buttons.<p>The two patents, published Thursday and first seen by <i>Patently Apple</i>, aren't actually focused around cameras and new buttons, but the illustrations used …

Google working on 'common-sense' AI engine at new Zurich base

<b>Google is extending its push into artificial intelligence with a new European research centre dedicated to advancing the technology.</b><p>Based in Zurich, …

The secret rules of the internet

The murky history of moderation, and how it’s shaping the future of free speech<p>By Catherine Buni & Soraya Chemaly | Illustrations by Eric Petersen<p>Julie Mora-Blanco remembers the day, in the summer of 2006, when the reality of her new job sunk in. A recent grad of California State University, Chico, …

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