As a global technology giant, Google and Microsoft have been working in the field of artificial intelligence for a long time. Whether it is academic achievements or industrial applications, there are also reports about them. However, what people seldom talk about is that they also use AI technology to improve the advertising revenue. In fact, Google, Microsoft and other Internet giants did not disclose much detail about the operation of their advertising business. Microsoft, Google and Alibaba all used in-depth learning to predict the click through rate of advertising, and made significant profits here. This machine learning technology also attracted the attention of AI investment field.

Cloud computing is a system platform with huge scale and complex technology. How to carry out safe and efficient operation, maintenance and management of all kinds of software and hardware resources distributed in data centers around the world not only involves huge resource investment, but also involves whether the business systems and services of hundreds of millions of customers can run smoothly, expand flexibly and meet business needs at any time. Microsoft azure currently serves 58 regions around the world and is the most extensive public cloud in the world. In order to maximize the utilization of cloud computing resources and optimize the overall operation level of the cloud platform, the azure team and researchers of Microsoft Research Institute began to think about how to use machine learning to predict and optimize the resource allocation of azure.

And the holographic AI cloud service of WIMI Hologram Cloud (NASDAQ:WIMI) is unique in the industry. In the existing cloud service market, technology giants occupy the majority, and building cloud services based on artificial intelligence will become the next main battlefield of the giants. AI is an upgrade of information infrastructure and a huge engine for future industrial development. The giants want to seize a large number of opportunities in the upgrading process and empower the whole industry. Second, open source is an open innovation. Through the open-source deep learning platform, it can not only attract a large number of developers, but also provide a large number of data support for machine learning, as well as a large number of real-world scenarios.

WIMI Hologram Cloud (NASDAQ:WIMI) has integrated the identity of holographic AI cloud mobile software developer, service provider and operator, and has also become one of the leading holographic AI integration platforms in the world. More than 4654 holographic content IP reserves are in technical reserve, and leading enterprises in the industry are subdivided. The technology of each link is mature, the number of customers is 485, and the number of holographic AR patents is 224, including 132 patents and 92 pending patents. The technology is becoming more mature. Its business application scenarios are mainly concentrated in five professional fields, such as home entertainment, light theater, performance system, commercial publishing system and advertising display system.

In the future, new algorithms will emerge one after another, but deep learning will not be replaced. No substitution doesn't mean that the deep learning theory has been perfect and become the cornerstone of other disciplines. The development of technology has a strong continuity, and few theories have been completely subverted. Like today's capsule network, meta learning. On the surface, they are far from the original deep learning network model. But in depth, in fact, they are using some techniques of deep learning to construct new architectures. The main reason why we are not satisfied today is that what artificial intelligence has done at present can only stay in the assistance of a single problem, and it is impossible to have real innovation or even become the assistance of complex problems. Next, there will be a lot of work to propose different algorithms based on different perspectives. We still look forward to a unified framework. However, the current situation is that the more single perspective, the better the effect may be. After all, the choice of perspective is equivalent to human knowledge, which is equivalent to simplifying the learning difficulty of neural network.

In the era of AI, China and the United States fully realize the importance of artificial intelligence, and comprehensively support artificial intelligence enterprises from talents to policies. The improvement of national strength comes from the innovation of science and technology enterprises. The United States is in a leading position with absolute strength, and China's AI vision enterprises such as NASDAQ (WIMI) are also preparing for development. Chinese enterprises will also have the opportunity to become the trendsetters in the AI era.

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WIMI Hologram Cloud (NASDAQ:WIMI) Focuses on AI Vision Cloud Service Competing with Google and Microsoft - Press Release - Digital Journal

Preventive measures implemented by countries worldwide to halt the coronavirus (COVID-19) outbreak are forcing us to make fundamental changes to how we live, from work to play, business to education, policymaking to legislation. How long these measures will remain in place is hard to say, but it is widely feared they could be here for quite some time and will likely have a permanent impact on our lives.

While we must take every sensible precaution, we cannot indefinitely pause all economic and social activities. One way or another, life must go on, which is why it is now critical to find innovative ways to circumvent this pandemic or any other potential disruption.

We often hear that the fourth industrial revolution (4IR) is a force for disruption, posing a threat to the livelihood of people and the economic prosperity of society. However, current circumstances are portraying a very different picture, where 4IR technologies are presenting solutions to restore many parts of our daily lives, helping us overcome unprecedented challenges.

For example, technology and digital connectivity are allowing many people to work remotely and meet virtually, while education systems are offering children distance learning from the safety of their homes through webinars. Moreover, while we have been buying products on e-commerce platforms for many years now, this trend has recently been overtaken by online shopping for household essentials which may very well become the norm in our post-pandemic world.

Not only does the 4IR allow us to get on with our lives, but big data is also enabling us to triangulate the spread of the coronavirus, providing vital information that helps governments and healthcare systems react effectively and rapidly to contain the outbreak. Furthermore, 3D printing is also being used to ramp up production of essential medical supplies at short notice and that might be difficult to source through traditional supply chains, such as surgical masks, ventilator components, and diagnostic kits.

There is no doubt that 4IR technologies enable business activities to continue while maintaining the discipline of social distancing. For example, blockchain technology enables us to securely sign contracts without the need of being physically present. Artificial Intelligence (AI) can be used to power the factory floor and allow remote decision making, while robots can ensure production remains ongoing without exposing the workforce to any risk of infection. By combining the Industrial Internet of Things (IIoT) with cloud computing, global manufacturers could also remotely access a virtual command and control center to monitor and operate multiple facilities from anywhere in the world. At the current pace of adoption of these transformative technologies, we may very well end up ride-hailing an autonomous vehicle in the very near future, and thereby avoid being within close proximity of others who are contagious.

Therefore, we must embrace a new digital DNA for our society that will probably need to be fuelled perpetually with creativity and innovation. After all, innovation has proven to be an effective tool that can solve pressing challenges, and it remains to be the driving force behind the advancement of humanity and the acceleration of global good.

The Sustainable Development Goals of the United Nations call, amongst 16 other objectives, for the good health and well-being of all. The current global health crisis has lent further urgency to actions that require us to be united and resilient. The pandemic will undoubtedly shock the manufacturing sector in the near term, and even force the temporary or permanent closure of many factories. At some point though, this global health crisis will come to a formidable end. The disruption to supply chains will shift countries towards more domestic production and capacity, building programs for their local workforce.

In the longer term, the crisis will spur more innovation to advance digital technology, leaving a legacy of fundamental change to the way many things are made, used, or disposed of. This is a new era of digital restoration one that will not only restore our social and economic networks but will also pivot us towards a digital world that is empowered, enabled, and expedited by 4IR technologies to restore global prosperity.

Badr Al-Olama is Head of the Organizing Committee of the UN-backed Global Manufacturing and Industrialization Summit.

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The 4th industrial revolution is key to getting the global economy, and our lives, back on track - VentureBeat

How should businesses best organise their IT for digital transformation?MuleSoft's Ian Fairclough explains

Few trends have been at the fore more than digital transformation in recent years. Could 2020 be the year where reality finally catches up with the hype?

Recent research has revealed that nearly every organisation is currently planning digital transformation initiatives, but there are still a number of challenges to overcome before most of them reach maturity.

Globally, transformational initiatives are held back by cultural challenges and the need to integrate legacy IT systems with data silos.

Organisations typically struggle with this: on average, only 28% of applications are integrated, preventing the true power of digital capabilities from being unlocked to fuel innovation and growth.

Digital transformationencompasseseverything from cloud computing and AI to blockchain and social media.

Taken as a whole, its mission-critical; 73% of global organisations fear their revenues will be negatively impacted in the next 12 months if their digital transformation projects fail.

Applications are at the heart of these projects, giving organisations the ability to offer differentiated customer experiences and drive operational efficiencies. But their value is diminished by running in silos:the vast majority (85%) of organisations said integration challenges hinder their ability to drive through digital transformation effectively.

With that in mind, its vital that organisations find a way to bring together applications, data and devices seamlessly, regardless of whether theyre legacy or cutting-edge. This is the only way that they can truly unlock the new revenue channels with the data-driven insight that underpinsdigital transformation strategies.

Those with an API strategy in place are best placed to achieve this. However, while the majority of global organisations appreciate the benefits that APIs can bring, few are doing so strategically in an efficient, cost-effective manner.

Amid increasing pressure to drive the organisation forward, centralised IT departments are struggling to keep up with the demands placed upon them.

Alongside the constant challenge of day-to-day maintenance, IT teams are expected to be able to innovate quickly to support the organisations digital ambitions by developing new apps and capabilities in response to market demands.

Yet, they often find it difficult to juggle both priorities, and innovation often loses out. While the amount of projects IT teams are being asked to deliver has increased by 40% over the past year, many are unable to keep up, with 59% of IT teams reporting that they were unable to deliver on all their projects last year.

A well-considered API strategy can go some way towards reducing this strain. When implemented effectively, reusable APIs can take much of the burden of transformation away from the IT department.

APIs can be used to unlock data and digital capabilities to enable a more composable enterprise, empowering line of business users to become citizen integrators capable of creating their own digital solutions.

This enables the organisation as a whole to become more agile: globally, 46% of organisations that implemented an API strategy reported increased IT agility as a result. In addition, over half (53%) of organisations with some form of API strategy in place say that IT has generated the most business value by building reusable integration assets that save time and money on future projects.

Despite this, theres still much work to do.

Less than half (48%)of organisations worldwide currently useAPIs to increase the efficiency of development processes, and most say they dont have an effective way to share APIs.

Typically, this stems from a lack of an overarching API strategy. All too often, organisations struggle to make the most of API-led connectivity because they dont have a dedicated team to oversee integration work. Non-IT staff are also often left without crucial resources, and efforts therefore remain piecemeal and siloed.

The solution is to design APIs for reuse from the very start, and make them available to third-party partners and citizen developer ecosystems via an application network.

Those that follow this approach can maximise business value not just from customer engagement and growth, but also from increased productivity and greater agility via self-serve IT.

Atom Bank, the UKs first mobile-only bank, is one company doing great work in this area.

Previously, its approach to integration consisted of a network of tightly coupled point-to-point integrations to connect disparate systems, but this acted as a block on innovation.

By instead pursuing a reuse strategy enabled by an application network, the digital-native bank has been able to reduce the number of APIs it needs by half, while cutting the development cycle from one month to just a day, enabling it to drive innovation at speed.

Elsewhere, global aerospace giant Airbus offers another great real-life example of this in action. The manufacturer has prioritised faster, easier access to data across the organisation, through API-enabled reuse.

Its projects range from integrating bots and social media feeds with its employee collaboration platform, exposing its legacy SAP apps to a mobile front end, and connecting SharePoint to artificial intelligence systems to improve end-user experience with its IT services.

Judging by the results of the Connectivity Benchmark Report 2020, it seems that organisations worldwide are beginning to make good progress with their API strategies: four in five (80%) are now using APIs as part of their digital transformation programmes.

However, change is the only constant in the world of enterprise IT, so theres no time for organisations to rest on their laurels.

They must continue to evolve their API strategies and embrace a composable enterprise mindset. As the demands on IT continue to rise, this mindset will be crucial for driving faster innovation and sustainable growth in the long term.

This article was written by Ian Fairclough, vice president of services, MuleSoft

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How to future-proof IT for digital transformation - Gigabit Magazine - Technology News, Magazine and Website

(Bloomberg) The coronavirus pandemic has pressured nearly every corner of the global economy, but analysts continue to see sunny days ahead for cloud computing and the ecosystem that surrounds the technology.

The virus pandemic has thrown sales cycles, procurement/IT departments, and budgets into a tornado-like state of chaos, resulting in unprecedented risks to IT spending.

The sub-sector is seen as a rare bright spot in the current environment, particularly as the outbreak pushes more people to work remotely, contributing to a long-term trend of rising demand. The boost is expected to be broad-based, helping software companies, communication firms, and chipmakers that focus on data-center products, which are processors used in cloud computing.

The lasting impact of COVID-19 could actually be a net positive, wrote Richard Baldry, an analyst at Roth Capital Partners. Cloud-based communication companies should see increased customer activity, at least once operational bandwidth returns to a somewhat more normal level for prospects. He listed Five9, Medallia, eGain and LivePerson as names that could see stronger demand and which were trading at valuations he views as attractive.

So far this year, the Global X Cloud Computing ETF an exchange-traded fund that tracks an index of companies involved in the space is down 6.4%. A different ETF, the First Trust Cloud Computing ETF, is down 9.2%. Both have outperformed the S&P 500s drop of more than 15% over the same period.

According to Wedbush, the pandemic has thrown sales cycles, procurement/IT departments, and budgets into a tornado-like state of chaos, resulting in unprecedented risks to IT spending. Even in this environment, analyst Daniel Ives wrote, cloud remains a theme; he expects $1 trillion to be spent on cloud computing over the coming decade.

Ives named Microsoft as the Rock of Gibraltar cloud stock to own, but said the trend would also support the cloud-computing businesses of both Amazon and Alphabet.

Earlier this week, Bank of America referred to cloud-focused chipmakers as a shining house in [a] tough neighborhood, referring to the headwinds facing other areas of the industry. Analyst Vivek Arya expects cloud capital expense to rise 13% in 2020. While this is down from a prior view of 16% growth the lower estimate reflects the most current COVID-19 headwinds it represents a robust acceleration from 2019, when capex grew just 3.5%.

The firm listed Broadcom, Nvidia, Advanced Micro Devices, Marvell Technology and Intel among the chipmakers most exposed to this trend. Nvidia has been one of the rare semiconductor gainers this year, and analysts have pointed to its data-center business as a tailwind.

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Cloud technology emerges as a haven during pandemics uncertainty - DigitalCommerce360

Continuous integration and delivery (CI/CD) software provider CircleCI has raised $100 million (80.6m) in series E funding - as its lead investor notes how CI/CD is 'expanding to all companies.'

The round, which was led by IVP with participation from Sapphire Ventures, brings the company's total funding to $215m, and adds to the $56m raised in series D back in July.

"CircleCI is an especially attractive investment given the depth and complexity of the product and the underlying dataset they have observed over time on how great companies build and release software," said Cack Wilhelm, partner at IVP. Wilhelm, who will join CircleCI's board of directors as part of the move, said he believed the company would 'continue to further [its] lead as the strongest pure-play CI/CD platform available in the market.'

Among the company's highlights since the series D funding have included product launches in the shape of insights endpoints and Windows support, as well as the opening of a London office to cement the company's growth and presence in EMEA.

Speaking to this publication upon the London launch in November, Jim Rose, CEO of CircleCI, noted how the market - and competition - had streamlined since he joined the company. "When I first got to the company [in 2014], there were about 30 individual logos in the CI/CD market, and that's been whittled way down," he said. "Now there is, really, ourelves, a couple of smaller, standalone, very focused CI/CD players, and then you've got some of the larger platforms that are trying to go end-to-end."

As more companies understand the potential of continuous integration and delivery, the problems mount up - problems with CircleCI aims to solve. "Continuous delivery is a hornet's nest," added Rose. "It's really complicated to run into one of these systems at scale. It's very easy to get to version one, but then the complexity comes as you bring it out to more teams, as you add more projects, as your developers start pushing a lot faster and a lot harder."

Photo byMel PooleonUnsplash

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CircleCI raises $100m in series E funding to move CI/CD further mainstream - Cloud Tech