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News / Blog: #artificial-intelligence

What are Markov chains?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Markov chains are a mathematical approach used to model random behavior. They are often used to simulate random processes based not only on the current situation, but also on previous events. They use probability distributions to predict how likely certain events are. This technique is commonly used in fields such as natural sciences, finance, artificial intelligence and data analysis.
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What is the Bayes theorem?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Bayes theorem is a mathematical theorem that allows to calculate the probability of an event based on known information. It is commonly used in statistics, machine learning, and artificial intelligence. It allows predicted probabilities to be updated based on new information. It also helps determine the cause of an event. It was named after the English mathematician Thomas Bayes, who developed it in the 18th century.
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What is artificial intelligence (AI)?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence (AI) is an umbrella term for techniques that enable computer systems to solve a specific task that a human would normally do. AI systems use algorithms to mimic human intelligence by collecting, analyzing, and learning data to solve problems. AI systems can be used in many fields, from robotics to autonomous vehicles to medicine.
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What is OpenAi?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
OpenAI is a non-profit AI research organization dedicated to advancing ethical Artificial Intelligence. OpenAI's goal is to research and develop AI technology that helps people make the world a better place. OpenAI publishes research, develops open-source software, offers research grants, and supports researchers and developers. OpenAI also works with industry to develop AI solutions that help people make better decisions.
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What is enterprise digitization?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Enterprise digitization refers to the process by which companies digitize their business processes to optimize the way they handle data, communications and customer interactions. This includes the adoption of digital technologies such as cloud computing, artificial intelligence, machine learning, blockchain and other digital tools to increase efficiency and productivity while reducing costs.
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