City AI - Winners, Failures and Investments

City AI - Winners, Failures and InvestmentsOnce again we face outstanding expectations for investment
City AI
City AI - Winners, Failures and Investments
By City AI • Issue #6
City AI - Winners, Failures and Investments
Once again we face outstanding expectations for investment in the AI market, triggering government interest. But seriously, as it is with any business, AI or not - there are winners and failures. We show you which. Stephen hawking wrote an interesting column comparing AI to the industrial revolution. On the applied side, a team of students has just created top-notch facial recognition aimed at security while google translate created “it’s own language” to understand other languages. Excited, but where do you start if you wish to work with Machine Learning? Last but not least, we show you the top 20 AI deals of 2016 and the predictions and current standing of the AI long-term growth market.
Find out in the latest City applied AI digest. 

What made buzz this week
With a 300 percent increase in AI investment over the next few years, a subcommittee of the American Congress is starting discussions on what we will do in a world run by AI
Recent developments in driverless cars, voice recognition, and deep learning show how much machines can do. But, AI also failed us in 2016, and here are some of the biggest examples
In a column in the Guardian, Stephen Hawking compares the rise of AI in the middle class to the destruction automation had on factory and manufacturing jobs in the previous century
Applied Artificial Intelligence
Researchers from Shanghai Jiao Tong University have developed an artificial intelligence algorithm that can supposedly pick out criminals by their faces.
Those translations aren’t making us laugh as much as they used to, and that’s for a good reason. Translate’s A.I. actually created its own language
AI s a cool topic nowadays, but how do you start or create an AI based app? This article explores various machine learning libraries, APIs, and services to help you on your way
More than half of the most active investors in artificial intelligence startups this year are based in Silicon Valley, including one tied for No. 1 that may be a surprise to many.
2016 has rewarded some leading artificial intelligence stocks and punished others, but this long-term growth market is just getting started.
Major City AI Announcements
That was a bit more serious than usual. AI is attracting worldwide interest and raising the voice of internationally recognised people such as the American Congress and Stephen Hawking. We can now auto-identify criminals and translate others languages much better than before. Last, we show that that the investment & startup landscape is growing exponentially. 
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Written from a cafe, in a metropolitan city near you,
Remco Veenenberg & City AI
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