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Will AI (Artificial Intelligence) domains have strong demand in the future?


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AI (Artificial Intelligence) - Is there a possibility AI domains will have good demand in the future?

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23/04/18

Park.io has begun offering drop catching services for .AI domain names. .AI is the country code for Anguilla but has become popular for artificial intelligence companies.

Park.io is known for helping domain investors get popular country code domain names that are good for domain hacks or have taken on a meaning of their own, such as .io, .me and .ly.

The addition of .ai domains was made possible by the registry moving to EPP.

As with all domain names at Park.io, catch fees are $99 and include a year registration. If there’s more than one interested party there will be an auction.

One of the first featured .ai domains coming up is eat.ai.
 
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Global tech industry backs UK with $1.4 billion artificial intelligence deal
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  • The deal was backed by Japanese and Canadian venture capital firms, U.K. automaker Rolls-Royce, the British government and other investors.
  • Theresa May's government has been driving an industrial strategy to tap into the growing industry.
"Artificial intelligence provides limitless opportunities to develop new, efficient and accessible products and services which transform the way we live and work," Greg Clark, U.K. business and energy secretary, said in a statement.

"Today's new deal with industry will ensure we have the right investment, infrastructure and highly-skilled workforce to establish the U.K. as a driving force in the development and commercial use of artificial intelligence technologies."

Britain's nascent AI sector has seen increasing interest from overseas investors. Last week, London-based BenevolentAI raised $115 millionfrom new investors in the U.S. and existing investors, including the U.K.'s Woodford Investment Management.
 
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Gartner Estimates AI Business Value To Reach Nearly $4 Trillion By 2022
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Another major source of AI growth is in the field of "decision automation systems." This involves AI programs capable of sending voice to text, processing handwriting, or otherwise evaluating difficult to classify information. Gartner expects this aspect of the AI business to comprise 16% of the total in 2022.

More importantly, though, Gartner emphasizes that a big driver of value for artificial intelligence is what we don't know about. The ability to process large datasets quickly, and the capability of processing that information in new and different ways, opens up a world of possibilities for new business that isn't imaginable today.


"n the long run, the business value of AI will be about new revenue possibilities," Gartner research vice-president John-David Lovelock said in a press release.
 
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SalesHero.AI Raises $4.5m in Seed Funding
SalesHero, a San Francisco, CA-based provider of a new sales AI assistant,raised $4.5m in seed funding.

Backers included Baidu Ventures, CometLabs, Cherry Ventures and signals Venture Capital.

Led by Stefan Groschupf, founder and CEO, SalesHero introduced Robin, a new class of sales AI assistant built for the sales rep and benefiting the entire sales organization. Leveraging artificial intelligence, Robin learns from the user’s actions and automates sales processes to improve daily productivity.

Processing data from users’ CRM, customer interactions and SalesHero’s proprietary database of 45 million global company records, Robin iteratively takes on the sales tasks that detract from actual selling.
Robin improves:
– prospecting by offering up new and pertinent accounts and leads
– CRM data by providing important missing or outdated details
– customer engagement with automated scheduling
 
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Bunch.AI Raises Seven-Figure Seed Funding Round
Bunch, a Berlin, Germany-based culture startup, raised a seven-figure seed funding round.

Backers included High-Tech Gründerfonds, Atlantic Labs and Berlin angels Friedrich Neuman and Marius Schulze.

The company intends to use the funds to continue to develop the product, expand the team, and grow sales.

Led by CEO Darja Gutnick, Charles Ahmadzadeh, and Anthony Reo, Bunch allows companies to calculate the best team makeups, measure each member’s impact on team dynamics, and get actionable recommendations to optimize team performance.
The company, which currently has a 10-person team, aims to allow fast-growing companies to build their teams. Each team member, as well as new candidates in the application process, fill out an online questionnaire based on the “Organizational Culture Profiling” method developed at Stanford University. This allows users to predict behavioral tendencies of individuals and teams in the organization with a high degree of accuracy. The profile measures six dimensions:
 
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iGenius.AI Raises $7M in Angel Funding
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iGenius, a Milan, Italy-based Artificial Intelligence company focused on software to simplify people and data relations, announced it raised $7m in angel funding during an 18 month period.

The company intends to use the funds to expand its R&D efforts to develop proprietary technology, grow the team with over 30 hires expected in Italy and Switzerland, and continue to grow the business.

Founded by Uljan Sharka, iGenius had developed and launched crystal, a data intelligence virtual advisor customizable for companies with any source of data, such as Marketing, CRM, Sales and IOT, to analyze, interpret and make it available via natural language.
It was built in collaboration with Facebook, Google and Twitter.

The company, which currently has a team of over 50 people distributed in 4 offices in Italy, USA, UK and Switzerland, serves over 20.000 brands in 20 countries in such sectors Media and Advertising, Healthcare, Energy, Sport, Finance and ICT.
 
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Government promises £300m extra funding as part of £1bn AI sector deal

More than 50 businesses and organisations have contributed to the development of a £1bn AI sector deal to put the UK at the forefront of the AI industry, including almost £300m of new private sector investment, said the DCMS.

The AI sector deal is part of the government’s Industrial Strategy, unveiled in November 2017, to establish partnerships between government and industry with the aim of increasing sector productivity.

Along with the £300m private sector investment, the government also said it would be extending its AI funding.

As Computer Weekly has reported previously, in March, the DCMS announced £300m funding for data science, with £210m being pumped into a “data to early diagnosis and precision medicine programme”, which aims to improve diagnosis and develop new medical technologies, diagnostic tools and products.
 
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European Commission: “We Need to Invest €20 billion in AI”
The European Commission (EC) has announced a major push on Artificial Intelligence (AI) coordinated across member states, including ramped up spending, business partnerships and training schemes.

“We need to invest at least €20 billion in Artificial Intelligence by the end of 2020” Andrus Ansip the European Commission’s (EC) Vice President for the Digital Single Market said on Wednesday, announcing a further €1.5 billion for AI R&D.

The statement came as the EC announced plans for a three-pronged approach to AI, spanning increased public and private investment; preparation for socio-economic changes, and development of an “appropriate” ethical and legal framework.
 
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I haven't had any .ai yet, but it's obviously a great tld
I do have AI subjects .com
 
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Ex-Googler Raises $900 Million To Fund AI Tech

Sinovation Ventures, a venture capital firm headed by former Google China chief Kai-Fu Lee, has now kicked off the second part of a new $900 million fund for A.I. investment. The specifics of this fund’s use aren’t well-known as of this writing, but Lee has said that it might be invested in pursuit of blending A.I. with retail locations and education centers. The goal would be to place A.I. more directly into businesses and capital to scale up their reach. However, while Sinovation is based in the U.S., most of that funding likely won’t be invested stateside. That’s possibly in part because of how unreceptive some Americans have been to A.I. and robotics for which the fund is intended. About 90-percent of investments fueled by Sinovation Ventures go to China. According to Lee, a large part of that comes back to the fact that the company is not considered a tier-one investor in the U.S.
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Zoom.ai Raises $3.1 Million Funds in Round Led by Evolution Equity Partners
Zoom.ai, a provider of enterprise-grade workplace automation solutions, announced that is has raised $3.1M seed in funding. The funding round was led by Evolution Equity Partners. Existing investors namely Betaworks, BDC, Good News Ventures, Two Small Fish Ventures, North Spring Capital. The company plans to utilize the new funding for its product and development and and as well build its marketing sales team.

Zoom.ai, a provider of enterprise-grade workplace automation solutions, announces a $3.1M seed extension financing round led by Evolution Equity Partners with existing investors Betaworks, BDC, Good News Ventures, Two Small Fish Ventures, North Spring Capital. The extension follows the initial seed round in early June 2017 and brings the total seed investment to $5.2M. The additional capital will be utilized for product development, as well as expanding its sales to meet increased demand for its solution in US and Europe.



Zoom.AI has announced the acquisition of fellow Toronto company SimplyInsight.

SimplyInsight’s platform plugs into a company’s data sources, and allows users to ask questions in natural language delivered through chat. Data can also be presented in easy-to-read charts for analysis. Zoom.AI — which acts as an automated assistant for enterprises for menial tasks — will integrate SimplyInsight’s platform into its own, allowing businesses to request and visualize internal data at scale.

SimplyInsight co-founders Amanda Parker and Alexey Adamsky will join the Zoom.ai team. Parker will act as VP of Business Development & Partnerships, while Adamsky is joining as a senior AI Scientist.
 
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Suki.AI raises $15 million to grow its virtual assistant for doctors
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Suki, formerly known as Robin, today announced it has raised $15 million to grow its virtual assistant that helps doctors log events and record electronic health record (EHR) data through the use of natural language processing.

The money will be used to build out the company’s language and machine learning teams and grow its security, compliance, and sales teams, a company spokesperson told VentureBeat in an email.

Suki is currently being used in pilot programs in 12 medical practices in California and Georgia and has been found to reduce time physicians spent on paperwork by 60 percent, the company said.

Through the interpretation of voice, Suki logs doctors’ notes and uses machine learning to identify action items. Suki can help doctors prescribe medication, and if the assistant hears a patient may have the flu, for example, it can begin to automate a treatment plan based on the typical course of action for patients with a similar condition.
 
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Passage.AI Secures $7.3 Million in Series A Funding Led by Blumberg Capital
Passage AI, a pioneer in AI-powered conversational interfaces, today announced a $7.3 million Series A round of financing, led by Blumberg Capital. Founded in 2016 by three Silicon Valley veterans with an extensive background in deep learning and artificial intelligence, Passage AI is at the forefront of bringing AI-powered conversational interfaces into the retail, telecommunications, automotive and education industries. The latest investment brings Passage AI's total funding to $10.3 million and will help the company aggressively expand into these industries and international markets. Bruce Taragin, managing director at Blumberg Capital, will join Passage AI's Board of Directors.

"Passage AI's offering is well-timed with the rapidly increasing demand for AI-driven solutions that reduce costs, improve employee engagement and deliver superior customer service," said Taragin. "The market demand has resulted in Passage AI being one of the fastest growing early-stage SaaS companies we've ever seen. Additionally, the accuracy and ease of use of Passage AI has captured attention -- and dollars -- from blue chip G2000 companies. We are excited to work with Passage AI to fuel continued growth in the conversational AI sector."
 
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Not mine, just reporting:

transcribe.ai 1,000 USD 2018-05-03 Sedo
 
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The future, you create it, for you.
aiVreality.com
aiVreal.com
 
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Picked up DuplexRobot . com
 
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Singapore-based artificial intelligence (AI) healthcare startup UCARE.AI has raised an undisclosed amount in a Series A round backed by Southeast Asia’s oldest insurance group Great Eastern, venture capital firm Walden International, investor Peter Lim, and WPGrowth Ventures. The latest funding round brings UCARE.AI’s total funding to date to $8.2 million, inclusive of seed and Series A rounds, founder and CTO Neal Liu told DEALSTREETASIA in an interaction. The closing of the Series A round comes two years after UCARE.AI received its seed funding. Liu said the company was bootstrapping to develop the AI engine and refine its product and market fit during its two-year stealth mode. In a statement, Christina Teo, co-founder and CEO of UCARE.AI, said the capital raised will be used for talent acquisition and market expansion into the region. “We know we’re in the right place, at the right time, to succeed,” Teo said. The startup said it uses its predictive engine, using proprietary deep learning and neural network algorithms, to help prioritise healthcare resources to reduce preventable hospitalisation, potentially resulting in “significant annual savings in the industry”.​
 
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Bejing $2B AI business park blown out the water by Tianjin City.
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China's city of Tianjin to set up $16-billion artificial intelligence fund

BEIJING (Reuters) - China’s northern port city of Tianjin announced plans on Thursday to set up funds worth 100 billion yuan ($16 billion) to support the artificial intelligence industry, official news agency Xinhua said.

China aims to become a world leader in artificial intelligence by 2025, taking on U.S. dominance in the sector amid heightened international tension over military applications of the technology. [nL3N1KB3P4]


Tianjin will pour the funds into developing sectors such as intelligent robots and hardware and software. It will also set aside 30 billion yuan in a sub-fund for intelligent devices and intelligent upgrades for traditional industries.


Sun Wenkui, vice mayor of Tianjin, pledged financial support of up to 30 million yuan for each scientific research institution, whether a provincial- or national-level body, that sets up in Tianjin.


Tianjin will also set up a separate fund worth 10 billion yuan to promote intelligent manufacturing, Xinhua added, but did not specify a timetable for setting up the fund.
 
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Alloy.ai Raises $12 Million in Series A Funding led by Menlo Ventures
Over $20 trillion worth of goods flow through increasingly complex supply chains each year, yet consumer goods companies are largely underserved by modern technology. Brands of all sizes make critical purchasing, manufacturing and allocation decisions based on forecast estimates rather than true consumer demand and downstream operational realities, leading to lost sales and overstocked inventory.

Alloy’s simple, collaborative platform aggregates and analyzes information from all sources in the supply chain, providing actionable insight and complete visibility into consumer demand. Alloy’s platform makes the decision-making process smarter, uncovers additional revenue opportunities, and helps prevent losses for companies that make, move or sell products.

“Technology has driven rising consumer expectations, and keeping up with supply and demand can be overwhelming for companies. Customers like eero rely on Alloy to see how products are moving everywhere they’re sold, in-store and online,” said Joel Beal, CEO and co-founder of Alloy. “We’re pleased to have Menlo Ventures on board as we continue building the platform that gets the right products to the right place at the right time with agility and efficiency.”

 
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Unisound raises US$100 million to fund AI, chip development
Unisound, a Chinese artificial intelligence (AI) solution provider, announced it has raised US$100 million in a series C round of funding.

The round was led by China Electronics Health Fund, and participated in by Qihoo 360 Technology Co. Ltd., Qianhai Wutong Mergers and Acquisition Funds and Hanfor Capital Management, a private equity arm of Hanfor Holdings Ltd., the Hong Kong Economic Journal reports.

Headquartered in Beijing, the Chinese mobile internet startup offers intelligent voice and speech processing technologies, particularly in the areas of machine learning, cloud computing and big data.


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AI startup Xnor.ai gathers $12 mln Series A

Seattle-based Xnor.ai, an artificial intelligence startup, has raised $12 million in Series A financing. Madrona Venture Group led the round with participation from NGP Capital, Autotech Ventures and Catapult Ventures.
 
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