Skip to content 
Search

Latest Stories

Bangalore-based startup first to compete AI Facebook challenge

A Bangalore-based startup is claimed to have become the first company in the world to successfully complete a difficult 20-part challenge in Artificial Intelligence created by Facebook in 2015.

Using a unique approach, DataVal Analytics successfully completed all 20 tasks of the test, known as the (20) QA bAbi Tasks, with 100 per cent accuracy.


The test, hosted by Facebook AI Research (FAIR), assesses the ability of AI-based programs to perform text understanding and reasoning .

According to a media release, DataVal Analytics, which has its head office in Chicago but operations office in Bangalore, has been founded by veterans from the Indian Army Lt Col Shashi Kiran (Veteran) and Lt Col Naveen Xavier (Veteran).

The team is mentored by the leading entrepreneur, innovator, policy maker and development thinker, Sam Pitroda as chairman.

"The Facebook test was created in 2015 and several global companies have made multiple attempts to solve TWENTY tasks. However, no one has succeeded in the past," Pitroda said.

DataVal has developed new Natural Language Understanding Technology with focus on human way of understanding language and holistic approach to problem-solving.

It has integrated multiple processes related to language pre-processing, word sense, disambiguation, conjunction processing, proposition association, co-reference resolution and time and space analysis, he said.

"We believe this will lead to a variety of benefits in business, education, health, banking, governance, defense, manufacturing, and service sector. Along with press release, we have included a set of powerpoint slides, Bio of founders and photographs for your consideration, Pitroda said.

The success of DataVal in solving QA bAbI tasks offers hope to address a variety of AI applications related to intelligent personal assistance, search engine, voice command and control applications, social media content analysis, and expert systems in fields such as Education, Health, Energy, Environment, Transport, Finance, Manufacturing, Services and Government, the media release said.

More For You

Asian firm acquires Kings Court Hotel for £2.75m

UK-based Nanak Hotels acquired the 60-room Kings Court Hotel in Warwickshire for £2.75 million. (Photo: Colliers International UK)

Asian firm acquires Kings Court Hotel for £2.75m

UK-BASED Nanak Hotels recently acquired the 60-room Kings Court Hotel, a 17th-century property in Warwickshire, England, for £2.75 million. This is the first regional acquisition by the privately held firm led by British Indians Harpreet Singh Saluja and Karamvir Singh.

Nanak Hotels, which operates a UK property portfolio, plans to invest in the property's refurbishment and repositioning, according to a statement from Colliers International UK, which brokered the transaction.

Keep ReadingShow less
Priya Nair becomes first woman CEO in Hindustan Unilever's history

Priya Nair (Photo: Unilever)

Priya Nair becomes first woman CEO in Hindustan Unilever's history

PRIYA NAIR has been appointed as the CEO and managing director of Hindustan Unilever Ltd (HUL), effective from August 1. She will be the first woman to lead the company in its history.

The announcement was made by HUL on Thursday (10). Nair, who currently serves as president, Beauty & Wellbeing at Unilever, will take over the role from Rohit Jawa, who will step down on July 31 to pursue other interests.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy shrinks again in May, hitting Labour’s growth plans

THE UK economy contracted unexpectedly in May, marking the second consecutive monthly decline, according to official data released on Friday. The figures present a challenge for the Labour government as it attempts to revive economic growth.

Gross domestic product fell by 0.1 per cent in May, following a 0.3 per cent contraction in April, the Office for National Statistics (ONS) said in a statement.

Keep ReadingShow less
SBI UK cuts mortgage rates

The bank's commitment to green lending reflects focus on sustainability (Photo: Getty Images)

SBI UK cuts mortgage rates

BANKING major State Bank of India (UK) has cut interest rates on its buy-to-let mortgage products to help landlords reduce borrowing costs.

The bank said the rate cuts would help landlords invest in rental properties and meet growing demand for rental homes across the UK.

Keep ReadingShow less