Artificial Intelligence News

Artificial Intelligence (AI), or machine intelligence, is the field developing computers and robots capable of parsing data contextually to provide requested information, supply analysis, or trigger events based on findings. Through techniques like machine learning and neural networks, companies globally are investing in teaching machines to ‘think’ more like humans.

Business Insider Intelligence has been following the latest research and technology developments on artificial intelligence, including the companies, applications, innovations, and platforms that will determine the future of AI.

Maturity of Uses of Artificial Intelligence in Banking and Payments

Potential ROI of artificial intelligence in banking and payments. The AI in Banking and Payments Report from Business Insider Intelligence

What is Artificial Intelligence (AI)?


Artificial Intelligence, or simply AI, is the term used to describe a machine’s ability to simulate human intelligence. Actions like learning, logic, reasoning, perception, creativity, that were once considered unique to humans, is now being replicated by technology and used in every industry.

A common example of AI in today’s world is chatbots, specifically the “live chat” versions that handle basic customer service requests on company websites. As technology evolves, so does our benchmark for what constitutes AI.

What is Artificial General Intelligence (AGI)?


Artificial General Intelligence, or AGI (commonly called “strong AI” or “true AI”), refers to AI with advanced to human-like intelligence levels. While current machines are superior to humans at select tasks, there is currently no AI that can successfully replicate the full depth and breadth of human skills and cognition.

What is Conversational AI?

A popular NLP use is Conversational AI, commonly seen in online chatbots, which use AI to mimic human conversation via online chat. The chatbot market has taken off in the past few years, bringing cost savings and improved customer service to nearly all industries, especially in the booming e-commerce trend.

What is Machine Learning?


Machine learning is an artificial intelligence-based technique for developing computer systems that learn and evolve based on experience. Some common machine learning applications include operating self-driving cars, managing investment funds, performing legal discovery, making medical diagnoses, and evaluating creative work. Some machines are even being taught to play games.

What Is Neural Networks?


Neural networks are an artificial intelligence technique modeled after connections in the human brain, capable of learning and improving over time. Apple adapted Siri’s voice recognition technology to use neural networks in 2014, and Google introduced technology to improve Chinese-English translations on Google Translate.

Read more : https://searchenterpriseai.techtarget.com/definition/AI-Artificial-Intelligence

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