Sony (SNE) Stock Closed Down, Invests In Artificial Intelligence

NEW YORK (TheStreet) — Shares of Sony  (SNE) closed down 1.71% to $25.92 Tuesday after the company’s plans were announced to develop an artificial intelligence (AI) business, starting first with an investment in a new technology company. Sony invested an undisclosed amount in Californa-based startup Cogitai, which focuses on addressing “one of the biggest problems” in AI: that not one system has an understanding of the world compared to people, Cogitai said in today’s statement. “Even small children in the first few years of life develop an understanding of the world far richer and more sophisticated than the most elaborate AI systems on earth,” Cogitai stated, adding its employees are “committed to developing systems that learn continually from their experience.” Sony will introduce a new AI product or service as early…


Link to Full Article: Sony (SNE) Stock Closed Down, Invests In Artificial Intelligence