Payments operator Visa says its AI-driven security has helped financial institutions prevent Australian businesses being defrauded to the tune of $354 million in the past year.
Australian machine learning company Trellis Data has successfully completed a funding round for growth capital, raising $3 million with support from lead investor, CSIRO’s Main Sequence Ventures.
Conversational and cognitive AI innovator, Nuance, has announced a new AI engine "combining voice biometrics and natural language understanding technologies to authenticate people on-the-fly, or to identify deep fake voices—significantly cutting authentication time while anticipating individual needs with a personalised yet automated response".
Telecommunications services provider MNF Group will boost its customer base by 500 wholesale service providers with the proposed acquisition of Inabox, in a deal it says is synergistic to both companies.
Machine learning will be the next competitive frontier in 10 years and having good machine learning models, that perform the best, will be the competitive advantage that will differentiate between the winners and losers, a senior executive at the data management company MapR says.
Nvidia's new Tesla P4 and P40 GPU accelerators are aimed at production AI systems.
Wholesale telecommunications services provider Inabox has incurred a net loss of $351,000 for the year to the end of June, attributing the losses to the acquisitions of rival companies, Anittel and Neural Services.
The Inabox Group expects to break even by the end of June on its acquisition of Anittel, attributing a “turnaround’ of the IT services provider to growth in the HCS (Hosted Collaboration Solutions) business, new sales initiatives and labour productivity gains.
Australian VoIP provider, Neural Networks has partnered with Windows VoIP PBX phone system provider 3CX to service resellers.
Listed wholesale telecommunications products and services provider Inabox Group has moved to position itself as an ICT services company with the appointment of former iVox CEO Michael Clarke as Chief Technology Officer.
Listed telecommunications products and services wholesaler, Inabox Group, is to acquire Brisbane-based cloud and VOIP provider Neural Networks Data Services in a deal which the company says will provide immediate and long-term benefits to its business.
Owners of Netgear ReadyNAS storage units are being offered an optional onshore cloud backup service.
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