AI and CLOUD COMPUTING

Dropbox's prospectus offers encouragement to a weary IPO market

Dropbox is not only the largest IPO since Snap, it's the company likely to have the biggest influence on this year's IPO market. Despite the abrupt market correction two weeks ago, there's reason to expect that the public market the IPO will launch into will be more welcoming to a well-known tech company. New corporate tax cuts will leave companies with more capital for stock buybacks, while money exiting the bond market is looking for a safer place to invest.

Japan Has a Radically Different Approach to AI

Thanks to artificial intelligence, the automobile — that most American of possessions — is being remade. Self-driving cars from Google’s new Waymo subsidiary will hit the streets next year. Tesla’s fully automated cars will arrive in 2018. Uber is testing its own self-driving fleet in Pittsburgh. More than a dozen other companies have AI-powered vehicles in the works. Conspicuously left out out from the self-driving car boom has been Japanese auto makers.

What 3 Small Businesses Learned From Big Data

Business data has existed for ages. But mostly it just sat hopelessly trapped in handwritten ledgers, filing cabinets, and floppy disks, a precious resource untapped. Software from past decades helped only so much. Many such applications could work only with individual databases and were often costly and unwieldy to boot. Until very recently, such data could be used only by the giants. Now, thanks to falling tech costs and new tools that display complex databases in ways even technophobes could love...

Artificial Intelligence Is Changing How You Shop Online

The writer William Gibson once said that the future is here, just not evenly distributed. That was the case with the World Wide Web 20 years ago, when some business models – notably e-commerce and new media – took off faster than others. Now a similar trend is happening with artificial intelligence, or AI. The promise of AI has seemingly been just on the horizon for years, with little evidence of change in the lives of most consumers.

How machine learning helps LinkedIn and Instagram predict what you’ll like

The more content that social networks have to filter through, the tougher the task becomes of showing the most relevant content to each user every time they log on. In a panel at MB 2017, engineers from Instagram and LinkedIn discussed how machine learning at both companies is helping to simplify that work. Last year, Instagram changed its feed from a reverse-chronological order to something more personalized, making machine-learning based predictions about what users would like and share, said Instagram's Thomas Dimson.

Will Adobe's New Cloud Strategy Pay Off?

A risky makeover of the king of shrinkwrapped software is starting to win over skeptics. Adobe chief Shantanu Narayen and a dozen of his top executives were se- questered in a tony Carmel Valley spa in California. It was early September of 2011, and the group was running through a corporate bonding exer- cise. Everyone was to take a penny and recount what they were doing during the year stamped on the coin. Eyes began to roll, according to those present. Then something strange happened.

Why the Cloud Is Finally the Business Everybody Says It Is

The cloud, we keep hearing, is coming. But if you’re in the enterprise tech market, you might be forgiven for wondering when this mythical cloud is finally going to materialize. The answer seems to be: right now. 2015 is, by all appearances, the year that the enterprise cloud is turning into a huge market. It’s not just that more and more parsimonious corporate IT managers are finally devoting more of their budgets to the cloud-computing model.

Amazon's new strategy: Web services

Even for someone as optimistic as Jeff Bezos, 2006 is turning out to be a hellish year. The Amazon.com founder and e-commerce pioneer saw his second-quarter profit plunge 58 percent, due largely to increased competition. For the year as a whole, earnings are expected to be cut in half. And one of the worst reports in Amazon's short history, released in August by Caris analyst Tim Boyd, said the Seattle business offered "nothing truly unique." But as in 1997, Bezos has a plan.

Retail banks embracing AI and bots to catch up with fintech upstarts

Consumers have been paying their bills online and managing their finances for a couple of decades now, but big banks still remain laggards when it comes to adopting AI solutions that can improve their service to customers, a group of panelists who spoke about fintech at MB 2017 said. “Banks have a giant base of customers, and it’s hard to move them all. Many people still prefer to go a bank branch to do their banking,” said Dion Lisle, VP of fintech at Capgemini.

How Amazon Go Plans to Totally Reinvent Grocery Shopping

The Jeff Bezos playbook works something like this: sketch out a big, audacious goal in a fledgling market, launch with a modest yet fine-tuned project and build incrementally over many years until you’re the 500-lb. gorilla of a thriving industry. This is playing out right now with Amazon’s cloud services. An experiment that began a decade ago to offer startups access to its tech infrastructure has turned into the dominant player in the cloud sector, with $13 billion in revenue. Amazon Web Serv

DoorDash was built using AI to speed up food deliveries

The next time you hear someone prattling on about life’s simple pleasures, remind them of one of life’s more complicated ones: eating delicious food in your home. For those of us who aren’t natural chefs — and even for the weary ones who are — that means having it delivered. As DoorDash well knows, that can at times be a devilishly difficult business. That’s one reason why Tony Xu, DoorDash’s cofounder and current CEO, decided in 2013 to build the company’s food-delivery software on artificial intelligence.

What's Killing the Printer Business?

The printer, once an indispensible peripheral, has become so peripheral that sales are in decline. How did the printer business reach this sorry state of affairs? Blame it on the combination of mobile devices and cloud storage. Printer manufacturers have been warning investors to watch out for slower sales. In February, HP CEO Meg Whitman said in a conference call with analysts that the company was suffering a loss in both printers and ink – a division she said “was always the go-to place for more money at HP.” Printers had long accounted for about 20% of HP’s revenue.