RBI Relieves Pressure On Fintechs: Data Localization Bill Under Reconsideration

The Reserve Bank of India recently released a statement addressing the concerns of financial technology companies operating in the country. After enforcing stringent data localization norms on FinTechs operating in the country, the RBI has revised its stance. Upon a…

Data Extraction Just Got Smarter With ML: AWS Announces Textract

Amazon Web Services, the cloud computing arm of the e-commerce giant, recently launched an ML service for automated text and data extraction. The service, known as Textract, is fully cloud-hosted and managed by AWS, and allows users to parse various…

Amazon To Release One Of The World’s Largest Public Social Conversation & Knowledge Datasets

The new financial year seems to have started off with a bang for data scientists and developers across the world as Amazon announced their plan to make available a massive Topical Chat dataset in September 2019. This data is reportedly…

Job Offers Pour In For Business Analytics Students At IIT Kharagpur, Salary Package Reaches ₹35 Lakh PA

The Indian analytics and artificial intelligence industry seem to be getting exactly what they were hoping and praying for — fresh new talent. In an exciting development, 66 offers were made to the batch of 52 students of the joint…

Making The Case For Democratising AI Within Organisations

In our recently-concluded event MLDS 2019, one of the speakers quipped that AI is the tool that is making predictions cheaper. When machine learning models move from modelling phase to the production phase, many issues surface. The goal of democratisation…

Why The Future Of NLP Is In The Hands Of Tech Giants Like Google, Microsoft & Amazon

In 1954, with the success of the Georgetown experiment in which the scientists used a machine to translate random sentences from Russian to English, the field of computational linguistics took giant strides towards building an intelligent machine capable of recognising…

Global E-Commerce Policy Has Data Protection As Its Core

Protection, localisation and cross-border flows of data and privacy will be at the core of the upcoming e-commerce policy. It will also focus on India’s position in global trade negotiations, officials in the know said. When a group of 76…

Why A Product Search Engine And A Recommendation Engine Can’t Replace Each Other

There is no denying that everyone who spends time shopping online has seen both search engines and recommender systems several numbers of times and the differences between both the engines seem fairly obvious. A search engine can be spotted easily…

How Google, Amazon & Microsoft Are Making ML Accessible For SMEs

Organisations are now realising the benefits of data, thanks to the democratisation of machine learning which has put powerful tools in the hands of SMEs and large enterprises alike. What has changed the game for companies (small and large alike)…

Are Inference Chips The Future Of AI Compute? Amazon, Alibaba and Intel Think So

During the initial rise of emerging technologies such as AI and ML being used by organizations such as Google and Facebook, most of the compute power for the training and inference of their models came from Graphic Processing Units. These…

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