40 AI companies acquired in 2016. Issue 71: CognitionX Data Science, AI and Machine Learning Briefing

I was shocked, warmed and excited to be reminded that 40 AI companies have been acquired already in 2016. Check out CBInsights’ timeline which tracks the 140 acquisitions since 2011.

Best

Tabitha CBInsightsFanGirl Goldstaub

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Ethics Questions Of The Day
In 10 yrs time it may be safer to buy a Mercedes than walk in front of one

Mercedes explore the ethics around driverless cars, the safety of their passengers, and the decisions an autonomous vehicle will make about the fate of by-standers…

Innovation
BBC News Labs build you a wingman

The IBM Watson UK Hack challenged developers to build a bot that disrupts digital business. BBC News Labs built an AI and NLP bot to win the competition with wingBot — the Facebook Messenger automaton that’s smarter than your run-of-the-mill date hunting wingman.
Give a 3D printer artificial intelligence and this is what you get

By retrofitting industrial robots with 3D printing guns and artificial intelligence algorithms, Ai Build has constructed machines that can see, create, and even learn from their mistakes.
Coding Experiments
Keeping Google’s (no internet connection) Dinosaur alive longer with AI

Watch how Ivan Seidel, using a Neural Network and Genetic Algorithm taught Google’s dinosaur from Chrome to jump cactus without dying so easily.
Article to share with your less data savvy friends
AI, Deep Learning and Neural Networks explained

This article is meant to explain the concepts of AI, deep learning, and neural networks at a level that can be understood by most non-practitioners, and can also serve as a reference or review for technical folks as well.
Education, training and advice we rate
Context, Language and Reasoning in AI: 3 Key challenges

MIT Tech Review explores the next phase in the AI revolution and calls for advances in how the technology addresses and processes data from the non-vision world.

Deals deals deals
Startup raises to speed up Financial Compliance

ComplyAdvantage, a U.K. startup that uses artificial intelligence to help banks and other financial firms with anti-money laundering compliance received $8.2 million (lead by Balderton Capital) this Bloomberg article takes a look at why.
Royal Navy to explore AI use in battle threat assessment

Roke Manor Research (Roke) is best known for its cricket ball tracking system Hawk Eye. They are due to be the first supplier to integrate AI software into a Defence Science and Technology Laboratory (Dstl) sponsored maritime combat system demonstrator.

The news comes as Dstl awards the contract for a third phase of a £1m investment in threat detection software that is designed to help the Royal Navy handle the growing complexity of threats.

Impact on the Economy 
The Physicist who sees crime networks
A lone Japanese scientist is using dat to discover the shady ties that connect companies engaged in illegal trade.

Business Impact of AI
New AI targeting in the Ad Tech world
MediaGamma (UCL spinout) has announced the launch of a new Audience Prediction product, by applying deep learning to unique data sets they claim to provide 90% certainty about a user’s interests and demographic profile.
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