War for Artificial Intelligence: IBM’s Blockchain Push May Anticipate Google’s Ambush
The daring knight sacrifice which shattered the meticulously planned defense kicked off a chain of events that forced a full resignation in fewer than twenty moves. With that, the title of reigning world champion of chess, one of mankind's most vigorous intellectual pursuits, was bestowed on a computer. In 1972 the World Chess Championship in Reykjavík pitted the American Bobby Fischer against the USSR’s Boris Spassky in a landmark event of the Cold War confrontation. The fateful day in 1997 when for the first time a computer was able to defeat the incumbent world champion of chess, marked....
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IBM is reorganizing its internal blockchain team into a business unit that encompasses its artificial intelligence and cloud computing efforts. Called 'Industry Platforms', the division will be led by Bridget van Kralingen, IBM’s former senior vice president of Global Business Services. Further, as part of the launch, IBM's entire blockchain leadership will make the transition to the unit, first announced last September. In addition to the work on blockchain tech, the business unit will lead IBM's efforts to bridge its financial services work with its Watson artificial intelligence....
Trading has evolved considerably over the last 50 years, with most functions today being executed by programs and machines. Artificial Intelligence finds a wide array of application scenarios in trading – from data processing to signals and portfolio adjustments, it is believed that it could soon completely take over most tasks that are still performed […]
IBM has invested $200 million USD in the Watson Internet of Things (IoT) global headquarters in Munich, Germany, including new IoT capabilities related to blockchain. IBM will support Watson IoT Technologies efforts to deliver insights from billions of sensors in cars, drones, machines, ball bearings, equipment and even hospitals, according to a press release. The investment is part of a $3 billion USD global outlay to bring Watson cognitive computing to IoT. The $200 million investment is one of IBM’s largest in Europe, as it attempts to address rising customer demand for transforming....
IBM is currently attempting to merge artificial intelligence and the blockchain into a single, powerful prototype. With blockchain tech's promise of near-frictionless value exchange and artificial intelligence’s ability to accelerate the analysis of massive amounts of data, the joining of the two could mark the beginning of an entirely new paradigm. Over the past three months, IBM’s chief architect in charge of Internet of Things security Tim Hahn has focused specifically on introducing the blockchain to his company’s artificially intelligent computer named Watson. Hahn told CoinDesk:....
The British Artificial Intelligence (AI) company DeepMind Technologies, a subsidiary of Google, recently revealed it will be utilizing a blockchain technology. The firm will use a distributed ledger application to better secure patient data. Google’s DeepMind Looks to Blockchain. DeepMind is a software firm that builds algorithms for simulations,....