Artificial Intelligence (AI)
News about Artificial Intelligence (AI).
January 12th, 2017
Samsung is to add a virtual assistant called Bixby to Samsung Pay, a Samsung Pay Beta page seen by Galaxy Club reveals. “It’s unclear how exactly it’ll work, but we’re hoping you’ll be able to say something along the lines of, ‘Bixby, send $30 to Carlos’,” Sammobile reports. The beta page also hints at the upcoming launch of the Samsung Pay Mini online payments app that was unveiled in May 2016.
January 11th, 2017
Toy maker Mattel has unveiled an NFC-enabled, voice-activated artificial intelligence assistant for children. Aristotle is compatible with Amazon Alexa and can answer a child’s questions, sing lullabies and play games with them using NFC-enabled toys. “Imagine what happens with Hot Wheels and Thomas the Train when you have this connected hub,” Robb Fujioka, Mattel’s chief products officer, told Fast Company.
January 9th, 2017
Chinese mobile phone giant Huawei is to pre-load Amazon’s Alexa voice assistant on its flagship Mate 9 smartphone, which has now launched in the US, as Amazon bids for a leading role in the emerging…
January 3rd, 2017
Fast food chain KFC and Chinese internet giant Baidu have opened a smart restaurant in Beijing’s Financial Street that uses facial recognition to make menu suggestions to new customers based on their gender, age and…
December 22nd, 2016
PARTNER NEWS: Customers using mobile financial services firm Mahindra Comviva’s Mobiquity Wallet can now make payments through a chatbot integration designed to assist consumers “through their digital payments journey with their banks”. The feature forms…
December 15th, 2016
Smart machines incorporating cognitive computing, artificial intelligence and machine learning will enter mainstream adoption by 2021, with 30% adoption by large companies, a report from Gartner says. Spending on smart machine consulting and system integration services will rise from US$451m in 2016 to nearly US$29bn in 2021, the technology research company adds. “Smart machines will profoundly change the way work is done and how value is created,” says Susan Tan from Gartner.
December 13th, 2016
Researchers at the Massachusetts Institute of Technology (MIT) have designed a machine-learning system that appears to have worked out itself a key factor in how the human brain recognises people’s faces. The team trained the system to recognise faces by feeding it a set of sample images. They found an intermediate processing step had emerged, which took into account the angle of rotation of the face being scanned, spontaneously duplicating a feature seen in primates.
December 1st, 2016
Mastercard has introduced an artificial intelligence solution to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines, while marking the first time AI has been implemented on a global scale directly on the Mastercard network. “Decision Intelligence examines how a specific account is used over time to detect normal and abnormal shopping spending behaviours,” Mastercard says. “It leverages account information like customer value segmentation, risk profiling, location, merchant, device data, time of day and type of purchase made.”
November 24th, 2016
Customers of US telecoms giant AT&T can send text messages to up to 10 contacts using Amazon’s Alexa artificial intelligence assistant. The AT&T Send Message skill went live on 18 November allowing users to ask to text a friend, after which the assistant prompts them to say their message. The launch came on the same day that Amazon Echo and Echo Dot devices were made available on the AT&T website and in its retail stores.
November 14th, 2016
India’s first artificial intelligence banking robot has made its debut in a branch of City Union Bank in Chennai, The Times of India reports. Lakshmi is said to be able to voice intelligent and informal answers on more than 125 banking subjects. Sensitive financial information like account details are displayed on the robot’s screen and not voiced. The bank has plans for 25 to 30 robots at key branches by the end of the year if Lakshmi proves a hit with customers.
November 9th, 2016
Samsung is considering adding a dedicated button for an improved artificial intelligence feature for its next flagship smartphone, the Wall Street Journal reports. The latest internal prototypes of the premium Galaxy S8 handset include a button on the side edge that would be used to launch a beefed-up virtual assistant similar to Apple’s Siri. Samsung introduced a virtual-assistant service, S Voice, in 2012 in its Galaxy S3 smartphone but hasn’t announced any major updates to the service since.
October 25th, 2016
A digital assistant that makes use of artificial intelligence, predictive analytics and cognitive messaging is to be built into Bank of America’s mobile app from next year. ‘Erica’ was unveiled at Money2020 this week and will “help customers do things like make payments, check balances, save money and pay down debt,” CNBC reports.
October 25th, 2016
Mastercard has unveiled plans to launch artificial intelligence (AI) bots for its merchant and bank partners, allowing consumers to use chat, messaging and natural language interfaces to shop and manage their finances. Mastercard KAI, the…