Feb 23, 2018 - With 220K Registered Users, Curofy Is Creating A Robust Healthcare Support System In India

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              from India Software

Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

The data that transformed AI research and possibly the world
In 2006, Fei-Fei Li started ruminating on an idea. Li, a newly-minted computer science professor at University of Illinois Urbana-Champaign, saw her colleagues across academia and the AI industry hammering away at the same concept: a better algorithm would make better decisions, regardless of the data. But she realized a limitation to this approach- the best algorithm wouldn't work well if the data it learned from didn't reflect the real world. Her solution: build a better dataset. "We decided we wanted to do something that was completely historically unprecedented," Li said, referring to a small team who would initially work with her. "We're going to map out the entire world of objects." The resulting dataset was called ImageNet. Originally published in 2009 as a research poster stuck in the corner of a Miami Beach conference center, the dataset quickly evolved into an annual competition to see which algorithms could identify objects in the dataset's images with the lowest error rate. Many see it as the catalyst for the AI boom the world is experiencing today. More here

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Donald Trump's protectionist taxes to hurt tech sector in India and US

Though currently the tax rate for this is 5 per cent, it is expected to double to 10 per cent next year as the US administration tries to close in on the amount works that are being offshored

Today's TradeBriefs Cartoon

Parenting Social Network Startup Healofy Raises $1 Mn In Seed Funding From Omidyar Network

Parenting social network startup, Healofy, has raised $1 Mn in a seed funding round from Omidyar Network. The company intends to use the latest funding to hire talent in leadership positions across product, technology and data science.

Spotify working on India launch: CEO Daniel Ek

Music streaming giant Spotify is working on launching its service in India, co-founder and CEO Daniel Ek confirmed during the company's investor day p..

Infosys to open technology innovation hub in Connecticut

International Business News: IT major Infosys has announced that it will establish a USD 20.6 million-technology and innovation hub in the US state of Connecticut which is expecte

Aegis inks pact to merge its biz with StarTek

Deal enables BPO service provider to re-enter US market

Top-level exits at ShopClues.com

Two top executives at online marketplace ShopClues.com are on their way out from the company. Nitin Kochhar, Senior Vice-President for Categories and Marketplace, and Raunak Raheja, Director of Catego

HP India looks to expand gaming market share

Tech major launches new products ranging from ₹2,199 to ₹4.50 lakh

Indian IT's dilemma: To buy or not to buy

Mint Asia takes a look at whether Indian IT companies, can build new businesses without an aggressive acquisition strategy

AI-Based Startup Peritus.ai Secures Funding From Ideaspring Capital, The Hive

Peritus brings AI-based automation of professional services, support, and incident resolution.

Parenting Social Network Startup BabyOnBoard Gets Acquired By RoundGlass Partners

Seattle-based investor RoundGlass Partners has acquired parenting memories and milestone platform BabyOnBoard for an undisclosed amount.

In 2 years, automation startup Addverb signs up biggies like Patanjali, ITC, and Coca-Cola

6 young Indians are changing the way plants and warehouses are automated in India by leveraging technologies in the supply chain to tap maximum potential.At a glanceStartup: AddverbFounders: Satish Ku...

Gartner Says Enterprise Application Software Spending Is Increasing Rapidly in India and China

While both countries are poised for continued growth, organizations have different criteria for selecting the vendors they use. For example, a recent end-user survey by Gartner* showed that corporate branding is an important software selection

Indian IT firms ramping up their presence in US, stepping up local hiring

Companies hiring more locals to work on future technologies, offer value-added services

Finnish Tech Startup Ceraheat Oy To Help India Improve Indoor Air Quality

Towards creating an impact on improving the indoor air quality, Ceraheat Oy, a Finnish tech startup with its innovative indoor glass heating solutions is looking to offer tangible solutions to improve indoor air quality in Indian homes.

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