Gamalon leverages the work of an 18th century reverend to organize unstructured enterprise data

Red and white dice casting shadows on grey surface It’s hard to fathom that the work of Reverend Thomas Bayes is still coming back to drive cutting edge advancements in AI, but that’s exactly what’s happening. DARPA-backed Gamalon is the latest carrier of the Bayesian baton, launching today with a solution to help enterprises better manage their gnarly unstructured data.
The world of enterprise is full of unstructured data. Read More

UK inflation rises to 1.8% spurred by weak pound and rising fuel costs

Production costs jump 20% in a year as pound’s sharp fall following Brexit vote ramps up imports bill just as oil prices start to bite

A surge in fuel prices helped push inflation to its highest level for more than two years last month and economists warned of more prices pressures as the Brexit blow to the pound ramped up firms’ costs.

The Office for National Statistics said inflation rose to 1.8% in January from 1.6% in December and was the highest since June 2014. But it was slightly less than expected, as falling clothes prices offset some of the upward pressure on inflation from fuel and food.

Related: UK inflation rate jumps to 1.8% as weak pound bites – business live

Related: The UK’s inflation foot soldiers: how the ONS measures the CPI

Continue reading…