A Short Introduction to K Nearest Neighbor or Simply, K-NN

Get acquainted with one of the simplest non-parametric methods used for classification and regression. This method has been used in pattern recognition since the beginning of the 1970s. Author: Goran Sukovic, PhD in Mathematics, Faculty of Natural Sciences and Mathematics, University The previous post gives an overview of supervised learning from examples. This article describes […]

Uhura Solutions launches free AI-based contract review solution that analyzes contractual obligations affected by COVID-19

Contract intelligence solution provider Uhura Solutions  has announced the launch of its highly anticipated AI-based force majeure contract review solution. The service, which helps businesses understand the impact of the COVID-19 outbreak on contracts and agreements, is available for free in a community edition. The solution reviews contract terms and specifically looks for a force majeure clause that […]

A Nontechnical Introduction to Supervised Learning

There are many kinds of computational learning systems. Our journey will focus on learning from examples. In this article, we will mostly be concerned with supervised learning from examples. Author: Goran Sukovic, PhD in Mathematics, Faculty of Natural Sciences and Mathematics, University What is the exact mean of “supervised learning from examples?” We start with […]

Uhura Solutions launches open beta of its AI-based force majeure contract review platform

Uhura Solutions, a contract intelligence solution provider, has launched an open beta of its AI-based force majeure contract review platform. The service, which will help businesses understand the impact of the COVID-19 outbreak on contracts and agreements, is available for free. No business has been spared from the devastating effects of the COVID-19 infection. The […]

An introduction to text processing for machine learning applications

Text processing is one of the most common tasks in machine learning applications. These applications deal with a huge amount of text to perform a given task and involve a lot of work on the back end to transform the text into something an algorithm can digest. We will shortly discuss the steps involved in […]

Pioneers’19

We are excited to be part of Web Summit this year in Lisbon! If you happen to be there, come to meet us on Wednesday, November 3rd, we will be at stand number A 628, Pavilion 4, ALPHA 6. Hope to see you there! #AI #contractintelligence #websummit2021

The global artificial intelligence market will reach $390.9 billion by 2025

A new report from Grand View Research, Inc. says the global artificial intelligence market will reach $390.9 billion by 2025. The market is expected to expand at a CAGR of 46.2% from 2019 to 2025. As a revolutionary advancement in technology, Artificial intelligence (AI) is experiencing rapid market growth, and integration into many applications. While […]

Wolfgang Rachbauer talked about enhancing the loan processing with Uhura Solutions

Wolfgang Rachbauer, Head of Credit Office in Raiffeisen Bank International AG and Project Lead Artificial Intelligence (AI) in the e2e loan processing talked about their experience working with Uhura Solutions:  “After five months of great experience with Natural Language Processing the experts from Credit Office together with Uhura Solutions were able to present the results to RBI´s Innovation […]

A case study by Rise Barclays: Success story – Uhura Solutions

We’re thrilled to be featured as a case study by Rise Barclays! “Their platform brings AI automation into business with smart, document-processing technology. Kiss goodbye to the days of manually processing documents for hours on end – Uhura platform’s intelligent ‘cognitive analysis’ document-reading process emulates the methods that our own brains use to process information. […]