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Enterprise AI will make the leap — who will reap the benefits?

This year, artificial intelligence will further elevate the enterprise by transforming the way we work, securing digital assets, increasing collaboration and ushering in a new era of AI-powered innovation. Enterprise AI is rapidly moving beyond hype and into reality, and is primed to become one of the most consequential technological segments. Although startups have already realized AI’s power in redefining industries, enterprise executives are still in the process of understanding how it will transform their business and reshape their teams across all departments. Throughout the past year, early adopting businesses of all sizes and industries began to reap benefits. AI applications with AI-powered capabilities introduced opportunities to change the way the enterprise engaged customers, segmented markets, assessed sales leads and engaged influencers. Enterprises are on the edge of taking this a step further because of the amount of knowledge and tools leveraging the potential of AI within their entire organization. “New breakthroughs in AI, enabled by new hardware architectures, will create new intelligent business models for enterprises,” says Nigel Toon, co-founder and CEO at U.K.-based  Graphcore . “Companies that can build an initial knowledge model and launch an initial intelligent service or product, then use this first product to capture new data and improve the knowledge model on a continuing basis, will quickly create clear class-leading products and services that competitors will struggle to keep up with.” The category is evolving, and large companies are finding distinct ways to innovate. They can uniquely tap into decades of industry experience to develop horizontal AI, built for specific industries like healthcare, financial services, automotive, retail and more. These implementations, though, require deep industry expertise and industry-specific design, training, monitoring, security and implementation to meet the high-stakes IT requirements of global organizations. “In 2018, AI is entering the enterprise

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US early-stage investment share shrinks as China surges

T he global early-stage investment pie is getting bigger… a lot bigger. Just four years ago, investors were putting less than $10 billion per quarter into early-stage deals (Series A and B). The past two quarters, however, have all come in over twice that level. Q1 2018, meanwhile, looks to be a record-setting one, with Crunchbase projecting $25 billion in global early-stage investment. But while overall investment is on the rise, the U.S.’ share is dwindling. A few years ago, North American startups reliably received at least two-thirds of global early-stage investment. No more. For the past three quarters, North America’s share has dwindled to less than half, as the chart below illustrates: The rise of China’s startup scene, combined with local investors’ penchant for jumbo-sized Series A rounds, goes a long way to explaining the shift. Venture ecosystems in  Southeast Asia , Brazil and elsewhere have also been in growth mode, and thus accounting for a more significant share of global early-stage investment. Huge Series A rounds are huge in China Before we venture further, it should be noted that although we associate Series A with early-stage companies, this is not always the case. Some of the largest Series A rounds globally have gone to companies that were relatively mature but previously bootstrapped or spun out of large corporations. Recent data shows both the U.S. and China have their share of spin-outs and older companies gobbling up so-called early-stage rounds.  OneConnect  and  Ping An Healthcare , subsidiaries of Chinese insurance giant Ping An, which raised $650 million and $1.2 billion, respectively, are examples of such activity. Venture investors in China also put far more into Series A and B deals than U.S. counterparts.

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Sega to release Mega Drive Mini this year

Just like Nintendo before it, Sega is releasing a mini version of its iconic Mega Drive game system. The system is supposed to be available sometime in 2018 and the company also announced at least 15 classic Sega games will hit the Switch this summer to celebrate the system’s 30th anniversary. Sega turned to AtGames to build the hardware according to this Facebook post . AtGames had previously built the shoddy Sega Genesis Flashback so hopefully this system will be better than that version. Nintendo paid attention to the details in its retro systems and it showed. The mini NES and SNES are lovely throwbacks that bring the best of past to the present — I just wish the controllers had longer cords. 「メガドライブ」誕生30周年記念! 『メガドライブ ミニ』(仮称)2018年発売決定! 思い出の名作ゲームの数々が、これ1台で楽しめます! #セガフェス #メガドライブ #メガドライブ30周年 https://t.co/HWj6NFL96y pic.twitter.com/0C9QH1l5Mr — セガ公式アカウント (@SEGA_OFFICIAL) April 14, 2018 Growing up I had an SNES because my parents thought Sega games were too violent. Basically, Killer Instinct instead of Mortal Kombat. I hope I can handle Scorpion’s finishing moves now. If that’s not enough nostalgia, Sega Ages series producer Kagasei Shimomura hints Sega Dreamcast games could also hit the Switch, which if happens, could bring Phantasy Star Online or Jet Set Radio to Nintendo’s system. Also, Bryce, our all-star illustrator, didn’t know the Genesis was called Mega Drive outside of North America

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2018’s iPhone X Could Be Priced More Than $1000 – Ubergizmo

Ubergizmo 2018's iPhone X Could Be Priced More Than $1000 Ubergizmo With the launch of the iPhone X in 2017, it made its mark as being the most expensive iPhone launched to date where the base price started at $999, going up to $1,149 for the 256GB model. There have been some reports to suggest that Apple could make ... and more »

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2018’s iPhone X Could Be Priced More Than $1000 – Ubergizmo

Ubergizmo 2018's iPhone X Could Be Priced More Than $1000 Ubergizmo With the launch of the iPhone X in 2017, it made its mark as being the most expensive iPhone launched to date where the base price started at $999, going up to $1,149 for the 256GB model. There have been some reports to suggest that Apple could make ... and more »

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