In the EXPONENTIAL MINDS’ The Future of AI – Facebook-Intel Love we see Intel and FacEbook collaborating, 9 companies influencing how we work, UK’s advice on investment, Internet of Things and AI, and the U.S. pushes forward with self-driving cars.

Intel and Facebook Are Collaborating on Artificial Intelligence Technology

Intel is ready to ship its long awaited computer chip used to power artificial intelligence projects by the end of the year.
Intel CEO Brian Krzanich explained the chip-maker’s foray into the red-hot field of artificial intelligence Tuesday and said that Facebook (FB, +0.89%) has assisted the company in prelude to its new chip’s debut.
“We are thrilled to have Facebook in close collaboration sharing its technical insights as we bring this new generation of AI hardware to market,” Krzanich wrote. An Intel spokesperson wrote to Fortune in an email that while the two companies are collaborating, they do not have a formal partnership.
The genesis of the Intel Nervana Neural Network Processor comes from Intel’s acquisition of the chip startup Nervana Systems in 2016. That acquisition was intended to help Intel create its own semiconductor technology tailored for tasks like deep learning that require a lot of heavy computer processing to create software that can spot and react to patterns in enormous quantities of data.
Read more at FORTUNE

How These 9 AI Companies Are Impacting The Way We Work

Keep Calm and … Massively Increase Investment in Artificial Intelligence

The technology “can be integrated into existing processes, improving them, scaling them, and reducing their costs, by making or suggesting more accurate decisions through better use of information,” it adds. And this could add a whopping $814 billion to the U.K. economy by 2035.
To benefit from the AI boom, it says, the U.K. should develop “data trusts” so that data can be shared more easily and securely, and it should make research data more accessible to machines. The report also suggests that the U.K. invest heavily in AI education by creating new university and vocational courses, and by creating an AI fellowship program to encourage people from other countries to study in Britain. Here’s the full report (pdf).
Read more at MIT Technology Review

Is Artificial Intelligence The Catalyst To Unlock The Power Of IoT?

Read more at Forbes

A Unanimous Vote Just Approved Legislation to Allow Self-Driving Cars in the U.S.

Today, inside the halls of the U.S. Senate, a committee unanimously approved legislation which secures a future for self-driving cars in the country — or at least lets carmakers test their autonomous driving systems with little to no hindrance from state governments. Dubbed the American Vision for Safer Transportation through Advancement of Revolutionary Technologies (AV START) Act, the bi-partisan bill has moved forward with today’s vote.
Originally, as it was drafted by Senate Commerce, Science and Transportation Committee Chairman John Thune (R-S.D.) and U.S. senator Gary Peters (D-Mich.), the bill contained a provision that allows car makers to field test 100,000 vehicles per year that are exempt from current safety standards. The number of vehicles comes from a similar bill that’s already been passed by the U.S. House of Representatives. The provision that the Senate committee approved today, which was introduced by Senator Richard Blumenthal (D-Conn.), reduces the number to 80,000.
Read more at Futurism