AI | Pixr8 News

HDFC Bank Launches Chatbot Eva For Customer Services

7Mar By AnkitaNo Comments

News

HDFC Bank Launches Chatbot Eva For Customer Services

HDFC Bank announced the launch of an electronic virtual assistant (EVA), an artificial intelligence-driven chatbot, for customer services. Eva is India's first AI-based banking chatbot and can answer millions of customer queries across multiple channels instantly, HDFC Bank said in a statement. Eva can assimilate knowledge from thousands of sources and provide answers in simple language in less than 0.4 seconds, it said. "Within the first few days of its launch, Eva has answered over 1 lakh queries from thousands of customers from 17 countries across the globe," it claimed. With the launch of Eva, it said, bank's customers can get information on its products and services instantaneously and it also becomes smarter as it learns through its customer interactions. Going forward, E...

Google Rolls Out AI Tool Perspective to Combat Online Trolls

25Feb By AnkitaNo Comments

News

Google Rolls Out AI Tool Perspective to Combat Online Trolls

Google said it will begin offering media groups an artificial intelligence tool designed to stamp out incendiary comments on their websites. The programming tool called Perspective, aims to assist editors trying to moderate discussions by filtering out abusive "troll" comments, which Google says can stymie smart online discussions. "Seventy-two per cent of American internet users have witnessed harassment online and nearly half have personally experienced it," said Jared Cohen, president of Google's Jigsaw technology incubator. "Almost a third self-censor what they post online for fear of retribution," he added in a blog post yesterday titled "When computers learn to swear". Perspective is an application programming interface (API), or set of methods for facilitating communication...

13Feb By PriyankaNo Comments

FUNDING

SigTuple Raises $5.8 Million in Series A funding From Sachin & Binny Bansal

SigTuple, a bangalore-based healthtech startup has raised USD 5.8 million in Series A funding led by Accel Partners Sachin Bansal, Binny Bansal and Amit Singhal & Others. The company provides a data driven, machine-learned, cloud-based solution to improve the accuracy and efficiency in disease diagnosis. To gain insights from data the company have a machine learning platform called Kurma. Founded by three IITians Rohit, Apurv and Tathagato, SigTuple plans to revolutionise global healthcare space through data driven intelligence. The startup also raised USD 740,000 in October 2015 from Sachin Bansal, Binny Bansal, Accel Partners, Ashok Bareja, Dr. Nirupa Bareja and Debanjan Mukherjee. “Our goal is to develop intelligent, scalable and affordable disease screening solutions which...

Pragun Khaitan Plans to Invest 30 Crores in AI Based Startup

5Jan By NitishNo Comments

FUNDING

Pragun Khaitan Plans to Invest 30 Crores in AI Based Startup

Pragun Khaitan, vice-chairman and managing director of Jindal Aluminium Ltd (JAL), the largest aluminium extruder in India, has recently announced his plan to invest in AI focused start-ups. JAL has always been at the cutting edge of technology since its inception in the year 1968. Over the past two years, the positive upsurge in start-ups focussed on AI based technology has encouraged JAL to fund start-ups focused on developing technologies that automate and improve the efficiency of manufacturing operations. Today the emergence of technology based start-ups is the result of the dynamism and the entrepreneurial spirit that exists in India, making it an excellent opportunity for entrepreneurs as well as for investors. There is tremendous scope for deriving benefits from the technolo...

Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes

28Dec By NitishNo Comments

Story

Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes

Boltt, a Delhi NCR-based startup has developed a range of fitness wearables, such as smart shoes and bands, integrated with an artificial intelligence (AI) coach which can provide you a personalised dynamic feedback, based on your real-time performance and training. While a variety of fitness trackers and apps are available, most generate data that users are not able to appropriately interpret. "Consumers usually are not experts in nutrition, fitness activity, sports and wellness and hence deciphering the data most wearables track becomes a challenge," a company official told Pixr8. "There are dietitians and fitness coach subscriptions available with a lot of fitness devices, but that is human as well as time-bound and means additional investment from the consumer," it said. T...

Infosys Invest 14.5 Crores in AI Based Startup UNSILO

18Nov By AnkitaNo Comments

FUNDING

Infosys Invest 14.5 Crores in AI Based Startup UNSILO

Infosys a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment of 14.5 Crores in UNSILO, a Danish artificial intelligence startup focused on advanced text analysis. UNSILO uses a unique combination of machine-learning and natural language processing to analyze large quantities of text and improve the speed and effectiveness of knowledge workers across many industries. “We see Denmark as a global hub of world-class innovation with talented people, a good education system and a track record of entrepreneurial success. UNSILO have built an impressive semantic search engine with best-in-class text intelligence, which powers a range of advanced business processes. We will partner with UNSILO to bring their artifi...

Samsung Will Offer AI Based Virtaul Assistant Service in Galaxy S8 Smartphone

7Nov By AdityaNo Comments

Tech

Samsung Will Offer AI Based Virtaul Assistant Service in Galaxy S8 Smartphone

Samsung Electronics said today it will offer an artificial intelligence assistant service in the upcoming flagship smartphone, as the South Korean firm seeks recovery from its global smartphone recalls. The Galaxy S8 will let users order food or perform other tasks without going through a third-party application but by simply asking the phone's virtual assistant, the company said in a statement. The artificial intelligence service will also be made available in Samsung's other consumer electronics products, such as refrigerators. The company declined to disclose what specific tasks the S8 phone will perform through its artificial intelligence feature but expected to unveil the next iteration for its flagship Galaxy device in spring as it has typically done in the past. Sales of the Gala...

India is a Very Important Market For Watson: IBM

26Oct By NitishNo Comments

News

India is a Very Important Market For Watson: IBM

Technology giant IBM is placing big bets on the Indian market for its cognitive artificial intelligence platform Watson, driven by factors like a rich talent pool and fast pace of growth in uptake of technology products and solutions. Watson, which shot to fame is now being used across sectors, including assisting in treatment of cancer. IBM Watson GM David Kenny said India is an important market for the company for Watson deployment. "The biggest developer conference that happened (for the company) this year was in Mumbai. We see a lot of innovation coming out of India...The whole region is growing because the technology is growing at a faster rate, there isn't much legacy that needs to be adopted, so people are immediately deciding cognitive systems," he added. He further said: ...

Microsoft Buys AI Scheduling Service Genee to Bolster Office 365

24Aug By Press Trust of IndiaNo Comments

ACQUISITION

Microsoft Buys AI Scheduling Service Genee to Bolster Office 365

Software giant Microsoft has bought a smart scheduling app Genee, as part of its effort to embed artificial intelligence (AI) to compete with the likes of Google Now and Apple. The start-up, which was founded in 2014, will shut down its service on September 1. The financial terms of the deal were not disclosed by Genee founders Ben Cheung and Charles Lee, who will join Microsoft. Genee specializes in using machine smarts to handle the time-sucking task of scheduling meetings. It is likely that Microsoft will be using this acquisition to bolster its Office 365 suite. "As we continue to build new Office 365 productivity capabilities and services our customers value, I'm confident the Genee team will help us further our ambition to bring intelligence into every digital experience...

Artificial Intelligence: A Future Face Of The Startups

3Jul By RishabhNo Comments

BLOGS

Artificial Intelligence: A Future Face Of The Startups

With the effort of Tesla of introducing AI to self- drive capability,it has shown others the infinite possibilities AI is sitting upon! In the near future, AI might get so involved and integrated in our daily lives that we could not imagine a service without it. The field of artificial intelligence has a transformative capability over many things that govern our daily lives. Companies from the fields of Tech and Automobiles are leaving no stones unturned to integrate AI in their systems. Legacy companies won't have a choice — consumer demand will compel them to invest in new technologies and AI is a prime example of the breakthroughs they seek. As computers get smarter and learn more, many of the factors causing accidents, injuries and fatalities will disappear. With the advance...

Rahul Yadav back with e-governance startup; Flipkart’s Bansals play angels

12Dec By No Comments

News

Rahul Yadav back with e-governance startup; Flipkart’s Bansals play angels

Rahul Yadav, the ousted co-founder of Housing.com, is back with his new startup and he is funded by the biggest names in the Indian internet industry—Bansals of Flipkart. Yadav’s new startup – Intelligent Interfaces – is about helping various government departments use internet and technology tools to save cost and expedite service delivery. “We will get our first business from a government department in two weeks,” Yadav told VCCircle. Yadav confirmed that he got seed funding from Sachin Bansal and Binny Bansal, co-founders of Flipkart. He said the company is not taking funding from any others at this point in time, dispelling rumours that founders of a few other big ecommerce companies could support Yadav in his new venture. “We do not require so much money now. We will raise more ...