Panasonic intends to invest $ 150 million into the development of AI

News

Panasonic intends to invest $ 150 million into the development of AI

23.09.2020 News

Panasonic has announced plans to invest $ 150 million in machine learning technology and artificial intelligence systems based on neural networks.

The Japanese electronics manufacturer plans to invest part of the funds allocated under the venture fund Conductive Ventures II in promising developers of software and equipment for various industries, incl. autopilot, finance, digital healthcare, the future of labor, commerce, manufacturing technology and more.

At the moment, Google, Facebook, Baidu, ABBYY, Cognitive Technologies and other companies are actively working and conducting research in the field of artificial intelligence. The field of application of neural networks is quite diverse – these are text recognition and human language comprehension, semantic search, computer vision, big data analytics, robotics, expert systems, linguistics and much more.

Other articles

  • Total and Google have developed technology to assess the use of the solar energy in homes
    News

    Total and Google have developed technology to assess the use of the solar energy in homes

    French oil and gas company Total and Google Cloud developed technology based on artificial intelligence to assess the potential use of the solar energy in homes. This is stated in the message of the Total. “Total and Google Cloud pooled their expertise to jointly develop innovative tools of the Solar Mapper, which aims to accelerate […]

  • AMD will buy the chip maker Xilinx
    News

    AMD will buy the chip maker Xilinx

    Chip maker, Advanced Micro Devices, is in talks to buy a rival chip maker – the American company Xilinx, reported The Wall Street Journal. The deal might be exceeding to $ 30 billion and could be announced for the next week. The merger will become one of the largest transactions in the industry this year, […]

  • The US Antimonopoly Committee has called for the reform of the rules for the technology giants
    News

    The US Antimonopoly Committee has called for the reform of the rules for the technology giants

    On Tuesday, shares of the four largest US technology companies declined, as the 16-month government investigation of their competitive practices led to the first results in the form of 449-page report on their abuse of the market power. Shares of Apple, Amazon, Facebook and the parent company Google Alphabet fell to 2.9%, 3%, 2.26% and […]

  • Google will charge the commission of 30% of all purchases on Google Play
    News

    Google will charge the commission of 30% of all purchases on Google Play

    Google has updated its application store policy: the corporation makes it mandatory to use its payment system for digital purchases on the Google Play. The new rules will take effect in a year, on September 30, 2021. The update of the usage policy means that in a year application developers will not be able to […]

  • The US court has lifted the ban on TikTok
    News

    The US court has lifted the ban on TikTok

    Court of the United States in late Sunday night temporarily blocked ban by the administration of President Donald Trump on downloading the TikTok program. This was reported by Reuters on Monday, September 28. Considered, that that the ban was to take effect on Sunday at 23:59 local time (Monday at 6:59 Kyiv time). However, the […]

  • The EU is asking Facebook to suspend the transfer of its users’ data to the United States
    News

    The EU is asking Facebook to suspend the transfer of its users’ data to the United States

    The European regulator on personal data protection has sent a preliminary order to American Facebook to stop the transfer of data of its users in the United States, according to the Wall Street Journal, citing sources familiar with the situation. “The EU’s privacy regulator has sent a preliminary order to Facebook for suspending the transfer […]

  • China imposes standards of data security and criticizes the US policy
    News

    China imposes standards of data security and criticizes the US policy

    On Tuesday, Chinese Foreign Minister Wang Yi presented the government’s initiative to implement global data security standards, “golden rules” which should be applied by Chinese and other companies around the world. Among a number of points, the key ones are: preventing the illegal receipt of confidential personal information, ensuring the storage user`s data on the […]

Read also

Panasonic intends to invest $ 150 million into the development of AI
News

The court satisfied the third claim of Oschadbank against Creative

The court satisfied the third claim of  Oschadbank against the Creative company. It is reported by the press service of the Bank. According to the report, on April 28, the Commercial Court of Kirovograd region satisfied the third claim of  Oschadbank against the Creative company and the Creative Agro company for solidarity overdue debt collection […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Business took eight billion of the available loans

Ukrainian banks have already issued UAH 8 billion in available loans under the “5-7-9” program. This was announced by Finance Minister Serhiy Marchenko on the talk show “Freedom of Speech of Savik Shuster”. “Today, 80 coins from the hryvnia loans are provided under the program of ” 5-7-9 “. UAH 8 billion and 3,000 loans […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

AirBaltic will open a direct flight from Kiev to Vilnius

AirBaltic will launch a direct flight from Vilnius to Kyiv on October 6. The presented schedule shows that flights will be performed three times a week on Tuesdays, Thursdays and Saturdays to Boryspil Airport. Herewith departures from Vilnius are scheduled for 6:55, return from Kiev – at 09:10. Travel time will be 1:00 20 minutes. […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Ukrainian scientists won a grant to develop the vaccine against COVID-19

Two scientists from Lviv won the competition of projects of the National Research Fund of Ukraine. They will be provided with funds for developing a vaccine against the corona virus COVID-19, as well as to create a new generation of antibiotics. This was announced on Wednesday, September 9, by the head of the Lviv Regional […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Tiffany sued LVMH over the delay in the merger deal

The multinational jewelry company Tiffany has filed a lawsuit in the court of the state of Delaware (USA) against the French luxury goods manufacturer LVMH (Louis Vuitton Moet Hennessy) for delaying the latest merger process. This was announced on Wednesday by the press service of the jewelry company. According to press service, LVMH group intentionally […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

The external debt of Ukraine added $ 2.5 billion

In the second quarter of 2020, Ukraine’s gross external debt increased by $ 2.5 billion and amounted to $ 122.8 billion, according to the National Bank. In terms of GDP, debt increased to 78.8% from 75.1% at the end of the first quarter. At the beginning of the year the figure was 78.6%. “External debt […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Three banks have legal proceedings with the Creative

Two state banks have filed a lawsuit against the Creative  regarding the reimbursement of debts. In particular, Ukreximbank  wants to recover  57.71 million UAH and $ 7.84 million of arrears on the loan agreement dated November  17, 2008. Also Oschadbank wants to compensate another $ 25.24 million. In addition, Piraeus Bank ICB is trying to […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

We will exactly stay with bread: business will receive more than 300 million UAH of investment

Tryndiuk Yurii, who is the owner and president of the company Khlibni investytsii, reported on what amount of money will be invested in improving the production of bread in this year. This amount is equal to more than 300 million UAH. About it has reported the source delo.ua. Total production of bread in Ukraine is […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

The IFC Corporation invests in the Ukrainian agricultural sector about $ 300 million

The head of the representation of the IFC said that the company annually invests approximately $ 200-300 million in the Ukrainian agriculture. This year the amount will remain the same. At this stage, the corporation, as a long-term investor, has suspended its capital investment. This year not many people risked to make serious long-term investments. […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Verkhovna Rada gave the “green light” to the privatization of the agricultural sector

Verkhovna Rada of Ukraine adopted in the first reading a bill needed to start privatization. It is envisaged that buyers cannot be legal entities, and related to them persons who registered in countries recognized by the Verkhovna Rada as aggressors. It is not allowed to participate in the privatization the representatives of countries with sanctions. […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

The Verkhovna Rada has allowed Ukrainian aircraft industry the creation of joint ventures with foreign partners

The Verkhovna Rada adopted a law providing for the possibility of establishing state enterprises Ukrainian aircraft industry joint ventures (JVs) with foreign partners. Law №4809 “On Amendments to Certain Legislative Acts of Ukraine regarding the establishment of conditions for international cooperation entities of aircraft and the development of domestic aircraft” supported 241 MP of the […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Commerzbank is suing four banks in the US for $ 2 billion

Failure by banks of their obligations under the agreement is a part of the reason for the lawsuits, the amount of which is sometimes measured in billions of dollars, it depends on the losses. One of the largest financial institutions in Germany  Commerzbank, requires four US banks for damages in the amount of $ 2 […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Events under the Verkhovna Rada: “Lawyers – are practically the most intellectual … well, the fool always takes by force …”

A lawyer — is a peaceable profession which is designed to protect. Both violations of the rights of lawyers and depreciation of institute of legal profession completely level the rights of the citizen of Ukraine. Under such slogan the peaceful protest action of lawyers under walls of the Verkhovna Rada took place, devoted to fighting […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Facebook has extended the remote mode of work of employees until June 2021

US Employees of Facebook were allowed to work in a remote location by June next year. Most Facebook personnel were switched to remote mode in late March, and in April, CEO Mark Zuckerberg said that it is the last among of those to resume working in the office at the end of a pandemic of […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

Ferrari’s shareholders signed an agreement on protection from hostile takeovers

Large investors of the Ferrari – Exor and Piero Ferrari holding company, made a pact that will protect the corporation from hostile takeovers. Ferrari feared for his integrity after  it will be separated from the Fiat Chrysler in the beginning of the next year. Investors are joining forces to make all actions together and consulting […]

Next
Panasonic intends to invest $ 150 million into the development of AI
News

China Companies decide to build a solar power in Chernobyl

According to an information of Reuters, Two large Chinese companies plan to construct a solar power station with a capacity of 1 gigawatt in the Chernobyl . For project implementation, the GCL System Integration Technology company intends to get a business  with the China National Complete Engineering Corporation (CNCEC). CNCEC was founded in 1985. in […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com