The #AIEye: Google (Alphabet) (NasdaqGS: $GOOG) Launches AdaNet, FICO (NYSE: $FICO) Announces Q4 Results and Accenture (NYSE: $ACN) Enters Acquisition Agreement with Kolle Rebbe
After Positioning Itself as “Blockchain Island”, Malta Plans to Explore AI as a “New Economic Niche”
Point Roberts, WA and Vancouver, BC - November 2, 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 #AIEye: Google (Alphabet) (NasdaqGS: $GOOG) Launches AdaNet, FICO (NYSE: $FICO) Announces Q4 Results and Accenture (NYSE: $ACN) Enters Acquisition Agreement with Kolle Rebbe
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
After Positioning Itself as “Blockchain Island”, Malta Plans to Explore AI as a “New Economic Niche”
The Mediterranean island nation of Malta is already known as the "blockchain island" for its early adoption of and favourable regulatory framework toward cryptocurrency and distributed ledger technology (DLT). Yesterday, however, the country's Junior Minister for Financial Servies, Digital Economy and Innovation, Silvio Schembri, announced that Malta would similarly pursue AI as an economic niche. Forbesquotes Schembri on the country's move toward AI:
"Now that the Blockchain related laws are in effect, and our vision in making Malta The Blockchain Island is materializing, we can start looking at new economic niches, finding ways to incorporate them in our ecosystem. We want Malta to become a powerhouse of economic innovation. In the case of Artificial Intelligence, we believe that this holds a lot of opportunities that will benefit the entire country."
Google Launches AdaNet, FICO Announces Q4 Results and Accenture Enters Acquisition Agreement with Kolle Rebbe
Stocks discussed: (NasdaqGS:GOOG) (NYSE:FICO) (NYSE:ACN)
Google (Alphabet, Inc.) (NasdaqGS:GOOG) has recently launched an open source tool called AdaNet, which combines machine learning algorithms using an "ensemble learning" approach. Google AI software engineer Charles Weill explained AdaNet in a blog post:
"AdaNet builds on our recent reinforcement learning and evolutionary-based AutoML efforts to be fast and flexible while providing learning guarantees."
FICO (NYSE:FICO), a leading predictive analytics and decision management software company, has announced results for its fourth fiscal quarter ending September 30, 2018. Highlights from the quarter include a net income of $50.5 million USD, or $1.64 per share, up from $40 million USD, or $1.25 per share reported in the same period last year.
Accenture (NYSE:ACN) has entered into an agreement to acquire Kolle Rebbe, "one of Germany's leading creative agencies". Anatoly Roytman, head of Accenture Interactive in Europe, Africa, Middle East and Latin America explained why the acquisition would be an asset to Accenture Interactive:
"With the addition of Kolle Rebbe to the Accenture Interactive team, we will greatly strengthen our ability to create, build and run the greatest customer experiences for our clients in Germany. The Kolle Rebbe team and their robust capabilities will complement and enhance our presence in Germany, and inject a greater level of creativity and data-driven experiences that we can deliver to our clients."
Sam Mowers, Investorideas.com
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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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