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A transparent eel-like robot developed by a team of University of California San Diego for research purpose is in the limelight. Students invention may not seem like a big one when compared to remotely operated underwater vehicles in use today. But certainly, they hope that it will be the preferred way for studying marine life in future. Eel-like robot is about a foot long in length which is 30 ce
Machines or AI automation will replace as many as half of the financial service providers, opined by James D’Arezzo, Glendale CEO. However, he said that it will consume huge investment from banking owners. “Unless banks deals with the performance issues that AI will cause for ultra large database, they will not be able to take the money gained by eliminating positions and spend it on the new s
SAP and the Economist Intelligence Unit shared a survey involving 360 senior executives of different companies, deduced machine learning algorithms impact has moved beyond theory in business workflows. Almost half of the companies being part of the survey said that machine learning has raised money gains and they are expecting revenue growth of 6% over the period of next 2 years. SAP senior vice p
First official Dubai government sponsored ‘Future Blockchain Summit’ two days’ event will take place from 2-3 May at the Dubai World Trade Center (DWTC). Smart Dubai city is going to host and DWTC will organize this first of its kind blockchain festival in the Dubai city. This summit will bring together 7000 CFOs, developers and technologists to promote blockchain applications in Dubai. The
Free Business Incubator (FBI), a business consulting company in Japan and Bazingo Inc., a Singapore based IT company have signed a Memorandum of Understanding (MOU) in Singapore on Sunday, 26th of November 2017. The MOU has been signed in a meeting between the President of FBI, Mr.Chaiki Shirai and the Director of Bazingo Inc. Haider Aly Reza. Both of the companies want to bridge Singapore and Jap