Is Amgen a Buy?

The biotech’s present and future might not live up to its past. Amgen (NASDAQ:AMGN) has made some investors really, really rich. Accounting for stock splits through the years, Amgen has delivered a return of close to 58,000%. An initial investment of $10,000 back in 1983 would now be worth in the ballpark of $5.9 million.…

Intel takes on Google and Amazon with 2 new AI-focused chips

Intel has unveiled two new processors as part of its Nervana Neural Network Processor (NNP) lineup with an aim to accelerate training and inferences drawn from artificial intelligence (AI) models. Dubbed Spring Crest and Spring Hill, the company showcased the AI-focused chips for the first time on Tuesday at the Hot Chips Conference in Palo Alto, California, an annual…

Bringing machine learning to the masses

In DepthARTIFICIAL INTELLIGENCE Matthew HutsonMatthew Hutson is a journalist based in New York City. See allHide authors and affiliations Science  02 Aug 2019:Vol. 365, Issue 6452, pp. 416-417DOI: 10.1126/science.365.6452.416 Matthew HutsonMatthew Hutson is a journalist based in New York City.Find this author on Google Scholar Find this author on PubMed Search for this author on…

Commonwealth Bank of Australia has added personalized insights to its mobile banking app (CMWAY)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Banking subscribers. To receive the full story plus other insights each morning, click here. Commonwealth Bank of Australia’s (CBA’s) upgrade enables greater personalization for its customers via machine learning, deep data analytics, and behavioral science, Finextra reports. Business Insider Intelligence The new…

AI takes advantage of existing mammography scans to make a cancer diagnosis

Though it’s a well-established fact that mammographies (mammograms) reduce breast cancer mortality rates, the high proportion of false-positive recalls associated with such screenings has accelerated development of AI-driven systems from IBM, MIT’s Computer Science and Artificial Intelligence Laboratory, and others. But these aren’t perfect, either, because most models operate on a single screening exam. This…