The complexity of artificial intelligence (AI) machine learning requires specialized knowledge and experience. Microsoft hopes to change that. Today Microsoft provided a general preview of Lobe, a software application available at no charge that enables anyone to build machine learning models—no technical skills required. …

Global investment in AI in just half a decade has soared across sectors and geographies. Privately held AI companies garnered roughly USD 40 billion in investment funding spread over 3,100 transactions worldwide in just last year alone, out of which American startups account for an estimated 64 percent of the global share or USD 25.2 billion and 1,412 transactions, according to Georgetown University Center for Security and Emerging Technology (CSET) September 2020 report. These are conservative figures as the actual total transaction value globally for 2019 could be as high as USD 74 billion when factoring in CSET estimates for transactions without publicly disclosed values.

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