Latest AI Articles:

The conversation surrounding machine vision can sometimes feel dominated by facial recognition, especially for banking. Banks are necessarily concerned with security and customer service, so it follows that facial recognition, which could help with both, would prove of interest to them. 

Militaries around the world are starting to make increasing investments in artificial intelligence and machine learning capabilities. The top military defense contractors in the US, Europe, and Israel are all working on AI software to sell into the defense sector. That said, the military adoption of AI is as of right now slow in comparison to that of contractors.

The insurance sector is highly competitive, and there seems to be a consensus among experts that customers in the industry favor insurance products that are tailored to their unique needs. Large insurance firms could deliver personalized customer experiences and improve their operational efficiency by adopting AI.

There are many Indian startups claiming to develop artificial intelligence software to help the healthcare industry. However, their websites are filled with marketing terms and hype that could lead one to believe a company leverages AI when it does not. In sectors with a booming landscape of startups, we caution readers to take a closer look at each company before considering any of their solutions.

This article is part 3 of a 7-part series called "AI Zeitgeist," where we'll be mapping out the details of AI adoption over the next 10 years and explore the critical changes in the AI ecosystem that business leaders need to understand.

Banks and investment organizations usually have large research teams that are tasked with investigating and monitoring events that might affect financial trading markets. Investment research is a business function in these firms and is a fundamental part of what is required from analysts, equity managers, investors, and traders.

Episode Summary: Sales is a big part of any sort of B2B firm. We speak this week with Micha Breakstone, co-founder of Chorus.ai. He holds a PhD in Cognitive Sciences from the Hebrew University in Jerusalem, and prior to starting his own company, he studied for a few years at MIT and was working on natural language processing at Intel.

Artificial Intelligence has many applications in marketing and advertising. However, it may prove useful in the near-term future for businesses to start looking into AI solutions for after they generate a lead. AI already has applications for converting leads into paying customers and making progress on various steps in the sales process overall.

The insurance industry is making use of various artificial intelligence applications to solve business problems, but perhaps the most versatile is predictive analytics. The ability to aggregate data from disparate sources for business intelligence allows business leaders in insurance to inform important decisions across departments.

As we've done with our article on AI at the top 5 US defense contractors, this report discusses the artificial intelligence initiatives at the top four military defense contractors of Israel by revenue. Although Israel is a nation just 70 years old, it possesses one of the most modern militaries in the world.