DATA for decentralized AI powered trusted digital ecosystem

DATA is a blockchain based digital data authentication protocol powered by AI and P2P mobile storage infrastructure, enabling a decentralized and trusted digital ecosystem. They have a blockchain based advertising protocol and technology stack to authenticate user and device data and resolve to prevent fraudulent data from populating in the entire supply and demand advertising …

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Alibaba buys South Asian Daraz

Alibaba acquired the entire share capital of South Asian eCommerce platform Daraz Group (“Daraz”) for an undisclosed amount. Daraz was founded in Pakistan in 2012 and has since grown into the most popular online shopping destination in the country. Today, Daraz also operates online marketplaces in Bangladesh, Myanmar, Sri Lanka and Nepal. The five South …

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DOVU and BMW tracking mileage of leased cars and using rewards program

BMW is piloting a blockchain platform to track mileage in leased vehicles. The effort is being carried out in partnership with blockchain startup DOVU. DOVU is creating a circular economy through blockchain powered mobility, empowering all data owners to share and be rewarded for their mobility data. The project comes months after DOVU – previously …

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Alibaba hits 61% revenue growth and expects to continue 60% growth through 2019

Alibaba’s 2018 first-quarter revenue grew 61 percent to 61.9 billion yuan ($9.73 billion) from a year earlier, beating analyst estimates of a 53 percent increase. The results mark two years of continuous quarterly revenue growth above 50 percent for Alibaba, even as new business investments in offline retail, cloud computing, and overseas expansion continue to …

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Cryptocurrencies will be a big part of $4+ trillion World Retail market

Deloittes Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2016 (fiscal years ended through June 2017), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook and looks at the 50 fastest-growing retailers and new entrants to the Top …

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Google might be able to do useful quantum chemistry with 100 qubits and they already have 72

The goal of the Google Quantum AI lab is to build a quantum computer that can be used to solve real-world problems. Our strategy is to explore near-term applications using systems that are forward compatible to a large-scale universal error-corrected quantum computer. In order for a quantum processor to be able to run algorithms beyond …

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AI Business value is $1.2 trillion in 2018 and will be $3.9 trillion in 2022

Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business value is forecast to reach $3.9 trillion in 2022. The Gartner AI-derived business value forecast assesses the total business value of AI across all the enterprise …

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Major upgrade to Gmail

Google announced major improvements to Gmail on the web to help people be more productive at work. You can start using these new updates in Gmail on the web today, with some features appearing within the coming weeks. Go to Settings (the cog wheel in the top right corner of your inbox) and select “Try …

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Didi Chuxing is China’s leading ride hailing service and plans an IPO with $70-80 billion valuation

Chinese ride-hailing giant Didi Chuxing is holding talks about an initial public offering (IPO) where it would be valued at $70-80 billion. (The Wall Street Journal reported) Didi Chuxing was last valued at more than $50 billion in December, after raising $4 billion from investors including Japanese conglomerate SoftBank. Didi Chuxing could go public as …

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