Leader in mobile health and safety solutions for active ageing- GreatCall has partnered with AI company Automated Insights to keep caregivers informed about their loved ones with an app called The GreatCall Link. The app provides a personalized narrative summary of their whereabouts over a week. Family and friends can now

Steve Ballmer, former Microsoft CEO and Harvard alumnus; who announced a significant donation to the Computer Science Department at Harvard last week is advocating machine learning as the next era of computer science. Ballmer expressed his excitement about the ability of computer and IT to process huge amounts of data

Face++, a Beijing-based startup who provide face recognition technology on the cloud, recently bagged $22 million worth of series B funding from Quiming Ventures and Series A investor Innovation Works. The round reportedly values the company at $100 million and was raised from Legend Star, the incubation program under Lenovo. The face

Cortical.io, an Austrian startup whose tech mimics brain function to process language more accurately and natively, have just announced an impressive new funding round. Reventon (NL) is a venture capital firm responsible for this considerable boost to Cortical.io’s coffers. With the new funding, cortical.io already have grand plans on how

Sumo Logic, an operational & machine data intelligence company, have announced the next evolution of their product. Their platform will now include a new component, Transaction Analytics, which provides users with insights into deep casual relationships across incredibly complex IT architectures. Sanjay Sarathy, CMO of Sumo Logic, discussed with Dataconomy how

Microsoft announced a stash of new services and updates at Professional Association for SQL Server (PASS) Summit earlier this week, in order to expand on its big data platform. Keeping in line with their “efforts to bring big data to everyone,” the roll out sees an update for the database-as-a-service,

Researchers at Microsoft Research Asia have discovered a solution to the excruciatingly slow object detection that is characteristic to existing “deep convolutional neural networks” (CNNs) which has been published in Spatial Pyramid Pooling in Deep Convolutional Networks for Visual Recognition, a research paper written by Kaiming He and Jian Sun,

Elon Musk has been disrupting the space and electric car industry with Tesla, SpaceX and SolarCity. The Visionary entrepreneur who is out there to make ‘changes to the world’ spoke recently at the MIT AeroAstro Centennial Symposium. Although the interview was interspersed with views and ideas about space exploration what

A researcher at MIT has developed a machine-learning algorithm that can predict the price of the “infamously volatile crypto-currency Bitcoin.” Principal investigator Devavrat Shah, at MIT’s Computer Science and Artificial Intelligence Laboratory and the Laboratory for Information and Decision Systems along with recent graduate Kang Zhang, used  “Bayesian regresion,” to

An augmented reality startup, Magic Leap, (whom everyone seems to find mysterious) has positively gained some more mystique quotient with the Google (and not Google Ventures) led $542 million Series B financing that it announced on Tuesday. There was participation from Qualcomm Ventures, Legendary Entertainment, including a personal investment from