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Tech

Google Drive Gets “Priority” Artificial Intelligence To Organize Documents Better

The technology we use every day is getting smarter and smarter, from mobile cameras that help take better pictures according to the scene and email apps that facilitate quick replies to document management programs like Google Drive that is now able to organize files better thanks to artificial intelligence. Google has announced the imminent arrival of a new smart tool for its Google Drive service, called Priority.

“We are adding a new page in the left navigation pane of Google Drive that helps find and manage the most appropriate Drive files at that time,” Google said on its blog.

The artificial intelligence of this new tool studies the habits of each user to determine which documents are needed at any given time and put them at the top of the list.

“Our studies show that most users only work with about 10 or 20 files at any given time,” explained Google.

Google Drive to use artificial intelligence to organize documents

Although Google Drive already prioritized the last documents that had been used, the novelty would now be in the so-called workspaces, which allow collecting a private set of files to facilitate access, without affecting their storage or permissions. The Priority artificial intelligence organizes these workspaces according to the user’s preferences in order to save the time of administration or search of a file.

However, the system also allows the user to manually design the distribution of those documents.

Additionally, besides organizing the documents, another goal of the new Google Drive artificial intelligence tool is to simplify the display of comments and some suggested actions as “you will be able to respond to some comments directly through the Drive interface and open entire documents with a single click.”

At the moment we will have to wait to see how much time this new function saves for Google Drive, as it is currently in its Beta version, so it is only available to a small group of customers who have G Suite Basic, Business and Enterprise accounts.

Categories
Crypto News

German Bank To Operate A Cryptocurrency Trading Platform Based On Artificial Intelligence

Valens Bank, a German bank, and the Swedish IT company, Stockholm IT Ventures (SITV), announced that a subsidiary of the latter, Blocktrade Technology Ltd (BTT), signed an agreement with Valens Bank for the use of BTT’s software, Crypto Trading Toolbox, for a cryptocurrency trading platform based on Artificial Intelligence.

According to the agreement, BTT will receive an annual license payment equivalent to 1.5% of the capital invested in Valens Bank’s trading program, says a press release. “The partners will work intensively in the coming weeks to integrate their IT infrastructures, which will allow the official launch of this platform in September 2018,” said the firm.

Valens Bank, which is defined as a “multi-currency financial services startup,” says that this is its second agreement with SITV in the area of cryptocurrency services. “We are very pleased to work with Stockholm IT Ventures and Blocktrade Technology’s innovative approach to crypto asset management,” said Valens Bank Director, Torben Pedersen.

The German bank will develop a cryptocurrency trading platform based on Artificial Intelligence

The bank already offered cryptocurrency custody services to its private and corporate clients. “We allow customers to store the following cryptocurrencies: BTC – Bitcoin, BCH – Bitcoin Cash, ETH – Ethereum and LTC – Litecoin,” says the bank.

On the other hand, the BTT’s Crypto Trading Toolbox software allows professional traders to “actively manage their clients’ assets” through Artificial Intelligence-based trading tools, according to the Blocktrade Technology website.

This company points out that its team of analysts, developers and traders have tested software’s bots, as well as the market signals and indicators to fine-tune this predictive tool. “Our goal has been to understand which assets are profitable and to detect scams or discard useless tools,” the company says.

Besides providing software for crypto trading and management of investment funds based on these types of assets, SITV has also invested in cryptocurrency mining. Last January it bought for 200 million EUR 50% of Cryptotech, a Norwegian company dedicated to the design of chips for crypto mining, which also has plans to install mining equipment in the Scandinavian country.

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