Ticketmaster Acquires Blockchain Startup in Bid to Combat Ticket Fraud

Major global ticket sales and distribution company Ticketmaster has acquired Upgraded, a blockchain startup using DLT and “smart tickets” to combat fraud within the industry. Share of Controversy Ticketmaster — which merged with Live Nation in 2010 to form Live Nation Entertainment — is a live music behemoth that either leases, operates, or has equity

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Monero Forks: Bulletproofs Integration Kicks off New Era of Privacy, Speed

Monero (XMR) forked successfully earlier today, and the network has seen no major hiccups so far. This release is unlike the usual ones that try to keep up with deterring ASIC miners. The release, called “Monero 0.13.0 “Beryllium Bullet,” includes a significant overhaul of the network’s protocol through the introduction of bulletproofs. Bulletproofs Explained The

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Bitcoin Price Intraday Analysis: BTC/USD Forming Doji in Bull Trap

Bitcoin remains motionless as the price enter yet another day of anxious stability. The Bitcoin-to-dollar exchange rate is extending its sideways consolidation trend. The spike seen at the beginning of this week – mostly because of the Tether crash – is fading aptly in the absence of adequate bullish sentiment, halted near circa 6550-fiat. The

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Startups Pack GTC Israel as Smallest of Them All Sweeps Top Inception Award

NVIDIA’s third GPU Technology Conference in just over a month spilled across Tel Aviv’s convention center this week, in a packed show featuring a live demo of an AI-infused apple-picking drone, a student-built autonomous Formula One car and a two-person company that ran away with the title of Israel’s hottest startup. The second annual GTC Read article >

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Startups Pack GTC Israel as Smallest of Them All Sweeps Top Inception Award

NVIDIA’s third GPU Technology Conference in just over a month spilled across Tel Aviv’s convention center this week, in a packed show featuring a live demo of an AI-infused apple-picking drone, a student-built autonomous Formula One car and a two-person company that ran away with the title of Israel’s hottest startup.

The second annual GTC Israel show drew 2,000 attendees, up 75 percent from last year, on the back of recent sellout crowds in at GTCs in Tokyo and Munich. It was wall to wall with the companies that have won Israel the moniker of “startup nation.” Indeed, there are more than 4,000 tech startups in a country of 8.5 million, or 40x the density of startups in the U.S.

None flew higher at the show than Inception award winner TheWhollySee, a winkingly named shop with just two full-time employees that creates high-fidelity image datasets for training and certifying the AI brains of autonomous vehicles.

Its founder, Dan Yanson, said the first thing he’d do with the prize — $100,000 in cash plus an NVIDIA DGX Station personal AI supercomputer — is to bring his two part-timers fully on board.

“My first reaction? I’m just overwhelmed,” said Yanson, who studied in Sweden and Russia before completing his Ph.D. from the University of Glasgow. “We’re really a baby company — it’s a small team, we haven’t raised a lot of money yet and the competition was extremely strong. The prize money is a great boost, but it’s the DGX Station that will be a springboard to accelerate us, both in terms of our technology and our business.”

Yanson competed against seven other startups — in fields that included healthcare, agriculture, retail and esports — in a back-to-back series of five-minute presentations and then Q&A with a four-person panel. He briskly described the company’s ability to infuse imagery into the foreground of scenes to more rapidly train neural networks for self-driving cars

The Inception awards, which drew a crowd of more than 300 sitting largely nightclub style in a soaring black-walled space, capped off a day that had started with a blistering keynote about NVIDIA’s mission to accelerate computing by NVIDIA Chief Scientist Bill Dally.

Dally announced that NVIDIA has just named a long-time Google Brain researcher, Gal Chechik, to the newly created position of Israel Research Head. Chechik’s mission: to build a world-class team focused on research into deep learning for smarter perception — including combining vision with language and knowledge, learning to generalize more broadly, and understanding complex data.

Along with some 450 individuals who received training from the Deep Learning Institute and 50+ talks by AI experts, the show included a teeming exhibition hall.

Among its hottest draws was a large netted structure where Tevel Aerobotics showed off its autonomous drone which can gingerly pick, thin and prune fruit trees, relieving the labor crunch in the agriculture sector, while helping farmers’ margins.

And a team of undergrads from Israel’s top-ranked Technion University showed off their side project developing an AI-powered mini-Formula One car, which they’re in the process of converting from gas-powered to all electric.

Other finalists in the Inception awards included:

Blink (esports) — Aiming at the rapidly growing esports market, the company focuses on what it estimates as 600 million gamers and gaming enthusiasts who want to share their favorite moments online. Its platform focuses on the social side of esports by automatically detecting great gaming moments, saving them and making them easily shareable online.

IBEX Medical Analytics (Healthcare) — This two-year-old startup applies AI and big data to support pathologists in diagnosing types of cancer. Its work is focused on developing products that improve clinical decision making, streamline laboratory workflows and enable predictive, personalized cancer treatments.

Jungo Connectivity (Automotive) — This Cisco spinoff offers in-car AI software focused on no-driver monitoring and cabin sensing, enabling vehicles to make better decisions and protect their driver and passengers. Its CoDriver SDK provides deep learning, machine learning and computer vision algorithms to OEMs and tier-1 suppliers, enabling them to create next-gen driver and occupant monitoring systems.

Tevel Aerobotics (Agriculture) — This two-year-old startup addresses the shortage of labor in the agricultural sector, by developing a fleet of autonomous airborne drones for picking, thinning and pruning fruit trees, enhancing productivity and saving costs. It promotes its solution as cost effective, flexible, easy to operate and enabling fruit trees to grow higher, thus maximizing yields and improving farmers’ margins.

TRACXPOiNT (Retail) — Aiming to bring the convenience of online shopping to retail, the company has created an AI-infused, self-checkout shopping cart. Using visual detection with deep learning capabilities, its AIC cart recognizes customers, transfers their shopping list to its monitor, automatically finds and recognizes products, while offering coupons, and provides automatic checkout.

Voiceitt (Healthcare) — Its proprietary technology enables individuals with non-standard speech — such as stroke victims or those with muscle-related disabilities — to have their vocal expressions translated into clear speech, in real time. Its technology can be integrated with smart assistants, such as Alexa, to provide new levels of independence for those otherwise unable to carry out many simple actions.

WayCare (Smart Cities) — In a world of ever-worsening traffic conditions, the company is focusing on providing municipalities with the ability to harness in-vehicle information and traffic data to optimize roadways. It uses CCTVs, traffic accident information, telematics, traffic detectors, weather forecasts and other data sources to extract, compile and analyze data for improving traffic flows.

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From Intel Movidius Neural Compute Stick to Tiny Artificial Intelligence Camera

Today, FLIR® Systems announced the FLIR Firefly® camera family, which incorporates the Intel® Movidius™ Myriad™ 2 Vision Processing Unit (VPU) for artificial intelligence at the edge. The Firefly* combines a new machine vision platform with the power of deep learning to address complex and subjective problems, such as classifying the quality of a solar panel or determining whether fruit is of export quality.

FLIR engineers accelerated the Firefly’s development cycle using the Intel® Movidius™ Neural Compute Stick (NCS) for prototype development. For large-scale commercial production, they  ported that development work to the Intel Movidius Myriad 2 VPU. By rapidly prototyping on the Intel Movidius Neural Compute Stick and the Neural Compute SDK, FLIR streamlined the development of machine learning in the camera. The production version of the Firefly uses the tiny, stand-alone Intel Movidius Myriad 2 VPU to perform two roles at the edge: image signal processing and open platform inference.

The 27- by 27-milimeter Firefly is roughly the size of a U.S. quarter.

More: Reimagined Machine Vision with On-Camera Deep Learning (Case Study) | FLIR Systems Announces Industry-First Deep Learning-Enabled Camera Family (News Release) | Intel Movidius (Press Kit) | All Intel Explainers

flir ncs
The FLIR Firefly camera family announced on Oct. 18, 2018, incorporates the Intel Movidius Myriad 2 Vision Processing Unit. What started as three distinct devices is transformed into the 27- by 27-milimeter Firefly unit. (Credit: FLIR)

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Cryptocurrency Lender Sees ‘Meaningful Increase’ in Institutional Borrowing

As institutional investors wade increasingly further into the cryptocurrency ecosystem, they are contributing to a significant bump in demand for cryptocurrency lending services. Institutional Crypto Lending Tops $550 Million That’s according to the Q3 Digital Asset Lending Snapshot from Genesis Capital, who in March launched the cryptocurrency industry’s first institutional lending business. Since the service’s

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