See Into the Future of Tech: Artificial Intelligence

Share with your friends










Submit

See into the future of tech.

Explore big ideas, discuss the impact and rise of emerging technologies. Get involved, connect, and expand your digital horizon to see what’s around the bend.

On October 18, 2017 at 5:30pm, the MIT Enterprise Forum of DC and Baltimore, Arlington Economic Development, Startups-Ignite, Stanford Entrepreneurship in Washington, DC and IEEE Society Washington Section will present Artificial Intelligence: Getting Down to the Binary. This event will be hosted at 1776, 2231 Crystal Dr. #1000, 10th Floor, Arlington, VA 22202.

Access a network of visionaries paving the future of Artificial Intelligence. Open seats for this event are limited. Secure yours today.

 

Artificial intelligence: An Investor’s Overview

Share with your friends










Submit

On October 18, 2017 at 5:30pm, the MIT Enterprise Forum of DC and Baltimore, Arlington Economic Development, Startups-Ignite, Stanford Entrepreneurship in Washington, DC and IEEE Society Washington Section will present Artificial Intelligence: Getting Down to the Binary. This event will be hosted at 1776, 2231 Crystal Dr. #1000, 10th Floor, Arlington, VA 22202.

Register Here

We recently had a chance to sit down with our friend Dipto Chakravarty to get his perspective on investment trends in artificial intelligence and the vertical markets that are attracting funding. His thoughts are below:

“A specific investment trend for Artificial intelligence in the investment market through my lens is twofold.

1. Venture Capitalists are going after Artificial Intelligence applications in vertical markets
2. Private Equity Firms are pivoting their portfolio companies to Artificial Intelligence as an extender.

Generally, Venture Capitalists’ favorite vertical markets for Artificial Intelligence consists of healthcare, cybersecurity and finance. This investment appetite resulted in over 200 startups using Artificial Intelligence as the backbone of their product or service, and they raised $1.5B in funding last year.

The Year-over-year trend has followed the unreal hockey stick spike growing from $3 billion in 2015 to $5 billion in 2016 to almost $10 billion before ending this year.

The Artificial Intelligence sub-segments include two categories:

1. pure-play platforms – machine learning, deep learning, virtual assistants, and recommendation engines.
2. applications – gesture control, computer vision, smart robots, content recognition and natural language processing.

The most popular buzzwords every startup touts, and every investor listens to, are Artificial Intelligence and Machine Learning. Both parties use them interchangeably.

Simply stated, Artificial Intelligence is the science of machine carrying out tasks as prosthesis of the human brain. Machine Learning is an application of Artificial Intelligence giving machines access to data, training machines on models and letting them learn for themselves.

The second most popular buzzword startups and investors both tout are Deep Learning and Machine Learning. Just as Machine Learning takes the core ideas of broader Artificial Intelligence, Deep Learning takes the broader ideas of Machine Learning and applies it to solve any problem that requires “thought” – artificial or human.

As of 2017, Deep Learning is eating machine learning. Deep Learning may look fuzzy today, but it will be taught like chemistry tomorrow.”

About Dipto Chakravarty

Dipto Chakravarty is the author of three best-selling books on computer architecture and cybersecurity from McGraw-Hill and Wiley that have been translated in five languages. He has 11 patents to his credit in Artificial Intelligence, security and cloud, holds a B.S and M.S in Computer Science and Elec Engineering from U. of Maryland, GMP from Harvard Business School and EMBA from Wharton School, U. Penn.

Currently, he is the CTO at Exostar. In this role, Dipto leads the R&D and product development while focusing on building a differentiated technology portfolio to help customers solve their most difficult problems around secure collaboration in their hybrid IT infrastructure with mobility and IoT.

He previously served at the SVP/GM at CA Technologies, and EVP of Products at ThreatTrack, and earlier as the general manager for SaaS Cloud Security at Novell. Dipto has been an executive at four public companies (CA, IBM, NOVL, TRI) and four entrepreneurial startups to date with successful exits.

 

 

 

Artificial Intelligence: Meet Our Speakers

Share with your friends










Submit

On October 18, 2017 at 5:30pm, the MIT Enterprise Forum of DC and Baltimore, Arlington Economic Development, Startups-Ignite, Stanford Entrepreneurship in Washington, DC and IEEE Society Washington Section will present Artificial Intelligence: Getting Down to the Binary. This event will be hosted at 1776, 2231 Crystal Dr. #1000, 10th Floor, Arlington, VA 22202.

Register Now

It’s nearly impossible to tune into the business news without hearing about Smart Cars, Smart Homes, and Smart Companies that are increasingly reducing costs, reaching more customers, and replacing employees with algorithms and robots.

Businesses are scrambling to take advantage of the opportunities that will come from the increased efficiencies, capabilities, and opportunities occasioned by artificial intelligence. (AI) From healthcare to social welfare; from education to advertising; and from manufacturing to financial services, AI is poised to change the world as we stand at the brink of what is being referred to as The Fourth Industrial Revolution.

Experts like Dr. David Bray, and Dr. JT Kostman will discuss real-world applications and implications of AI, the current gaps in technology AND where are the likely exploitable opportunities for innovation, investment and business development.

Dr. JT Kostman

JT Kostman has been recognized by his peers and the press as one of the world’s leading Data Strategists. Over the past 20+ years, he has led international teams of 100+ professionals while serving as a senior advisor to CEOs and CMOs of Fortune 500 companies, Senior Executives in U.S. Intelligence, Security and Defense Agencies, and President Barack Obama.

Dr. Kostman is a pioneer in the field of Behavioral Data Science; a new discipline focused on understanding, predicting and influencing individual and group behaviors through the mathematical analysis of Big Data. His work incorporates cutting-edge capabilities from Artificial Intelligence, Machine Learning, Deep Learning, Natural Language Processing, and Social Network Analysis.

Dr. David Bray

Dr. Bray was also named a Young Global Leader by the World Economic Forum for 2016-2021. He also accepted a role of Co-Chair for an IEEE Committee focused on Artificial Intelligence, automated systems, and innovative policies globally for 2016-2017 and has been serving as a Visiting Executive In-Residence at Harvard University since 2015 and was selected as an Eisenhower Fellow to Australia and Taiwan that same year.

He has led a team of positive ChangeAgents and received multiple leadership awards as the CIO for the Federal Communications Commission since August 2013. Dr. Bray holds a PhD from Emory University’s Goizueta Business School and two post-doctoral associateships at MIT and Harvard in 2008.

 

 

Exploring Artificial Intelligence

Share with your friends










Submit

On October 18, 2017 at 5:30pm, the MIT Enterprise Forum of DC and Baltimore, Arlington Economic Development,

Startups-Ignite, Stanford Entrepreneurship in Washington, DC and IEEE Society Washington Section will present:

Artificial Intelligence: Getting Down to the Binary

  • We’ve assembled a panel of leading AI Practitioners and Investors to better understand how AI will impact our lives;
  • Our panel will discuss real-world applications and implications of AI, the current gaps in technology AND where are the likely exploitable opportunities for innovation, investment and business development;
  • We have recruited the area’s foremost Venture Capitalists to discuss the most promising AI Technologies that are attracting investors;
    Members and guests will have the opportunity to network with the area’s experts in this emerging market;
  • Regulators and scientists will discuss the Government’s interest in AI, how it will shape policy, and the impact these world-changing technologies will have on all of us.

Register here

This event will be hosted at 1776, 2231 Crystal Dr. #1000, 10th Floor, Arlington, VA 22202.

Agenda

5:30 – 6:15PM Registration and Networking
6:30 – 7:15PM Dr. JT Kostman What Is Reality With AI?
7:15 – 8:00PM Dr. David Bray How Can Government Benefit From AI
8:00 – 8:50PM Panel Discussion What are the Most Promising AI Technologies Attracting Investors?
8:50 – 9:15PM Post Event Networking

 

 

Artificial Intelligence: Getting Down to the Binary

Share with your friends










Submit

Listen to experts like Dr. JT Kostman, Dr. David Bray, Dr. Ash Rofail and technology investors discuss the present opportunities in the Artificial Intelligence space, the government’s role, and which Artificial Intelligence technologies are attracting investors.

Get Industry, Investor and Regulatory Perspectives on Blockchain, Cyber Security and Fintech

Share with your friends










Submit

On October 18, The MIT Enterprise Forum of Washington DC and Baltimore, Women in Housing and Finance and the George Washington University School of Business are creating a special Blockchain technology program featuring experts from industry, government and the legal community.

Our experts will offer a program for both novices and experts in the Blockchain space, discussing the legal and regulatory landscape, as well as reviewing financial opportunities for FinTech, cyber security and software solutions providers. Our speakers will bring industry, investor and regulatory perspectives to Blockchain, Cyber Security and Fintech Spaces

Register For This Program Here

Meeta Yadav

meetaMeeta is the Chief Data Officer, Blockchain Technologies at IBM
where she leads analytics of global blockchain data that deliver
actionable business insights for top-line revenue growth and operational efficiencies. In the past Meeta was the CTO for Innovation in the middleware group at IBM and led the Emerging Technology Institute Labs.

Meeta is a computer chip designer by training and has worked on chip design of mobile processors, space mission circuits and security processors and continues to teach advanced graduate courses as an Adjunct Professor at North Carolina State University. Meeta is passionate about inclusive finance, human identity and early education.

Kyle Burgessimg_0005

Kyle is the Director of Operations of Consumers’ Research, America’s oldest consumer organization, where she is responsible for strategic initiatives and outreach. Headquartered in Washington, D.C., the organization works at the intersection of policy and emerging consumer trends such as Bitcoin.

Since 2003, Kyle has worked with a range of private, public, volunteer, non-profit, and multi-national organizations, including the United Nations, U.S. Department of State, and U.S. House of Representatives. She is the co-founder of two social enterprises, holds a Master’s in economics and international relations from Johns Hopkins University, and is working on her MBA at Georgetown University.

img_0004Alex Acree

Alex brings to Fenway Summer Ventures significant experience advising financial institutions and investment funds and holding senior leadership positions in early-stage companies.

Immediately prior to joining the company, Alex was an attorney at Gibson, Dunn & Crutcher LLP, where he advised financial institutions on a wide range of legal and regulatory matters in connection with business combinations, reorganizations and capital markets transactions, Dodd-Frank Act implementation, corporate governance and compliance issues. Alex also regularly advised sponsors in connection with the formation and management of private investment funds.

Earlier in his career, Alex held a series of senior positions at early-stage companies, with responsibilities including financial modeling, budgeting, business development, strategy, and operations.

Alex is a summa cum laude graduate of Boston College and holds a J.D. from Yale Law School and an MBA from Yale School of Management, where he focused on corporate finance and operations. While at Yale, Alex was a director of a student clinic that helped to launch a denovo bank to serve financially underserved communities around New Haven, CT.

Derek Tiffany img_0003

Derek Tiffany is a Technical Manager at 3Pillar Global. He holds technical responsibility for the implementation and delivery of a blockchain-based solution called GX-COIN. GX-COIN is a cryptocurrency and market (http://gx-coin.com) which currently has over 15,000 registered traders.

In addition to implementation, Derek also assists 3Pillar clients in validating and defining their blockchain strategies prior to execution. He has also contributed to ongoing open source blockchain-based projects. Derek has spent over 20 years as a developer in the Washington, DC area at both professional services and product companies.

Brian Hoffman, CEO, Open Bazaar, Darrell Duane, Jason Dispenza , E2F2 and Soles.io and Allen Pulsifer, CEO, CredaCash Software Solutions bring an industry perspective to the discussion and talk about opportunities for companies and entrepreneurs in the Blockchain space.

We’ve Missed You!

Share with your friends










Submit

Dear Friends of the MIT Enterprise Forum of Washington DC and Baltimore,

Matthew Falls - President
Matthew Falls – President

A core group of dedicated volunteers is rebuilding the MIT Enterprise Forum of Washington DC and Baltimore to be a great organization. We are revamping our programming, recruiting new volunteers and building our membership lists.

We need your help.

You have been involved in the past and I know I have seen a few of you at recent events. This summer we will be holding open planning sessions for the 2016-2017 year. We’d love to have you back!

Have some fun this summer, meet some interesting people and make an impact on the Capital region entrepreneurial community!

Email me, call me, let us know what interests you!

Matt

Matthew Falls
Chapter President
MIT Enterprise Forum of Washington and Baltimore
302-500-1640

Volunteer

Patents Bring Competitive Advantages

Share with your friends










Submit
Andrew J. Polcha, Mentor Program Chair and CEO, <a href="http://www.worldpipe.tv">WORLDPIPE</a>
Andrew J. Polcha, Mentor Program Chair and CEO, WORLDPIPE

If you are the founder of a local company and if you have software products or projects under development, and you have failed to pursue any patents, then you will want to attend the event on May 24th, Making Sense of Intellectual Property for Software Companies.

You can’t build too much value and the rules at the USPTO  have changed since March 16, 2013 from first to invent to first to fileSee here for details. At the very least, find out what you can and can’t do.

If you have competition in the market; maybe your competition has not filed patents either? Get informed for “who was first to conceive the idea” no longer matters as much as the first to file at the USPTO. Don’t lose out because you don’t know the facts. Get the facts and talk to the experts and I’ll see you on the 24th.

As many of you know, in my volunteer life, I run the Mentor Program for the MIT Enterprise Forum of Washington, DC and Baltimore. (MITEF) In doing so, I get the privilege of meeting many of the founders within the area’s early stage start-up community. Being located in DC/VA/MD, in close proximity to the federal government, it is no surprise that lot’s of technology innovations and start-up efforts converge on our nation’s capital.

In my position at MITEF, I hear a lot of elevator pitches and business descriptions from start-up founders; with most entrepreneurs I meet being focused on Internet and managed services, cyber-security, mobile and social media applications. Of all these market segments mentioned, most, if not all, of the start-up companies within these sectors are creating a single software application as their companies’ flagship product.

Founders I speak with often say, “I am not the only company doing this (in this space) within the market…” When meeting someone new at one of our events and in trying to understand their business venture; one of the first questions I ask: “Do you have any patents?”. Probing about patents early in the conversation with founders is in the forefront in my thought process because I am definitely a firm believer in competitive advantage in business.

Now, if you ask any attorney, they’d be right in telling you, as general advice, that you can’t patent software or applications. So, many founders hear this advice and go-on to build their companies and build their software products; thinking legal pursuit of IP is an inaccessible path for them… As it is true, you can’t file a patent on software BUT you may file a patent on the innovation the software does or performs… I’ll say no more and leave the discussion to the experts at Fish and Richardson P.C.

Learn From Patent Experts – Register Here

One of my favorite business quotes about competitive advantage comes from Warren Buffet: “The key to investing is not how much an industry will affect society or grow, but rather its competitive advantage and the durability of that advantage…”

To me, a patent means a big legal competitive advantage to any business, especially to a start-up; and the durability of that legal business advantage is greater than 20 years.

Our Speakers:

Jeremy Monaldo                                              Nick Jepsen

Making Sense of Intellectual Property for Software Companies

Share with your friends










Submit

headshot 2-4-16Software companies are often unaware of the Intellectual Property assets they have developed. The question of what software innovations can be patented can lead the developer to the conclusion that it is too costly and complicated to protect these assets.

In our next event, Making Sense of Intellectual Property for Software Companies, we will show entrepreneurs what they need to know about protecting Intellectual Property.

  • Discover what it takes to patent software innovations under the current landscape;
  • Learn what you can do to maximize the value of your Intellectual Property;
  • Talk directly to Intellectual Property experts about your situation and,
  • Create value for your company by knowing the facts

You have a great idea that can change the world. One that people will surely want to buy. And one that others may want to copy or imitate. What should you do to protect your innovation – and when? What are your risks for doing nothing? And what are your trade-offs?

If these questions keep you up at night, you won’t want to miss the MIT Enterprise Forum of DC’s program about innovation, patents, and the law.  You’ll get powerful insight from experienced attorneys and entrepreneurs. You’ll learn the answers to important questions that every entrepreneur should know, such as, what is the Supreme Court’s Alice Standard, and what are the most common misconceptions about patents? You’ll also have the opportunity to ask your own questions at our Roundtable Discussion.

Register here to join us on May 24th for this outstanding program! 

Growing Pains – Lessons Learned in Startup Operations

Share with your friends










Submit

We often learn about the startup that achieved phenomenal growth in the first few years. Most of the articles and talks focus on success factors. Helpful stuff, but this program goes deeper by exploring lessons learned in scaling operations. Not only what went right, but what went wrong. Which risks were recognized, and which ones weren’t? How were the problems addressed?

  • By attending this program, you’ll have a rare opportunity to learn about three successful start-ups companies, explore their technology, and meet the CEO’s who are leading them to market.
  • Entrepreneurs will gain important insights straight from CEO’s who can look back and share their experiences running high-growth startups.
  • Bring your concerns and questions, because we’ll cover everything – from product innovation to technology to finance to development to staffing to customer support.
  • No topic about startups is out of bounds. Our speakers and panelists reveal do’s and don’ts you can’t afford to miss.

Continue reading Growing Pains – Lessons Learned in Startup Operations