The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate (NasdaqGS: $STX) Works with IBM (NYSE: $IBM) to Tackle Global Hard Drive Counterfeiting
AI and Robotics Company Kebotix Finishes $5 Million Seed Round Led by One Way Ventures (NasdaqGS: $BIDU)
Point Roberts, WA and Vancouver, BC - November 8, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
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The AI Eye: Intel (NasdaqGS: $INTC) Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
AI and Robotics Company Kebotix Finishes $5 Million Seed Round Led by One Way Ventures
Stocks discussed: (NasdaqGS:BIDU)
Kebotix, a company "developing the world's first self-driving lab for materials discovery powered by AI and robotics", and founded by Harvard researchers, finished a $5 million seed round led by One Way Ventures. Other investors include Baidu Ventures, with backing from Baidu, Inc. (NasdaqGS:BIDU), Flybridge Capital Ventures, Embark Ventures, Propagator Ventures and WorldQuant Ventures. Kebotix CEO Dr. Jill S. Becker commented:
"We are building the materials company of the 21st century because how scientists discover new materials has not evolved since the 18th century. Being stuck in the 18th century significantly adds to the challenge of tackling climate change, antibiotic-resistant bacteria, water pollution and other urgent problems facing the world today."
Intel Drafts Model Legislation to Start Personal Data Privacy Discussion, Ancestry Adopts IBM Cloud and Seagate Works with IBM to Tackle Global Hard Drive Counterfeiting
Stocks discussed: (NasdaqGS:INTC) (NYSE:IBM) (NasdaqGS:STX)
Intel Corp. (NasdaqGS:INTC) has drafted model legislation for lawmakers to encourage discussion of personal data privacy. The bill was influenced by the rise of new technologies like AI, which poses potential risks to privacy. David Hoffman, Intel's associate general counsel and global privacy officer explained the legislation:
"The collection of personal information is a growing concern. The US needs a privacy law that both protects consumer privacy and creates a framework in which important new industries can prosper. Our model bill is designed to spur discussion that helps inspire meaningful privacy legislation."
IBM (NYSE:IBM) has announced that consumer DNA network, Ancestry LLC, has has selected IBM Planning Analytics as-a-Service on the IBM Cloud for its business planning and forecasting processes. IBM worked with Ancestry to to create a high-speed analytics and forecasting solution on the IBM Cloud. Greg Adams, Vice President of IBM Business Analytics commented:
"Great companies like Ancestry understand the value that comes from leveraging advanced technologies like analytics through the cloud to improve things like performance, scale and efficiency. As these companies grow and scale, Planning Analytics on the IBM Cloud can help them continue to not only manage but extract valuable insights from their growing business."
Seagate Technology (NasdaqGS:STX) is also working with IBM. The two companies are collaborating to reduce global hard drive counterfeiting using blockchain technology. From the press release:
To verify product authenticity, Seagate will update the IBM Blockchain Platform on the IBM Cloud with product authentication data based on the Seagate Secure™ Electronic ID (eID) at the point of manufacture. Each unique identifier (serving as an electronic fingerprint) can be used to verify the identity of a hard drive at any time during its product life cycle. Seagate's Certified Erase employs cryptographic erasure technology to produce a digital certificate of data purge, which is electronically signed by the device under the Seagate Secure public key infrastructure (PKI) and stored on the blockchain for compliance management with emerging global data privacy laws.
Sam Mowers, Investorideas.com
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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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