Previous Thread
Next Thread
Print Thread
Rate Thread
Joined: Mar 2004
Posts: 419
S
UGN Member
UGN Member
S Offline
Joined: Mar 2004
Posts: 419
NEW YORK (AP) - Former president Bill Clinton on Monday helped launch a new Internet search company backed by the Chinese government which says its technology uses artificial intelligence to produce better results than Google Inc. (GOOG)

"I hope you all make lots of money," Clinton told executives at the launch of Accoona Corp., which donated an undisclosed amount to the William J. Clinton Foundation.

The Chinese government, one of several large backers, has granted Accoona a 20-year exclusive partnership with the China Daily Information Co., the government agency that runs an official Chinese and English Web site.

The deal gives Accoona data on some 5 million Chinese companies, which Accoona sees as a lucrative opportunity as U.S. businesses seek to do business in China ahead of the 2008 Olympic Games in Beijing.

The new company's executives include chairman Eckhard Pfeiffer, the former chief executive of Compaq Corp., and Stuart Kauder, a former business development director at online advertising company DoubleClick Inc. (DCLK)

Accoona takes its name from the Swahili phrase, "accoona matata," for "no worries," popularized by Disney's film, "The Lion King."

The company seeks to distinguish itself from Google, Yahoo Inc. (YHOO) and growing list of other search engine players by using artificial intelligence to make the results more relevant, said Pfeiffer. Unlike traditional search engines that seek specific "keyword" matches, Accoona will access Web pages that may have no exact keyword matches but are still relevant to the query, he explained.

"Accoona's artificial intelligence technology will elevate search engine performance to a new unprecedented level, allowing the most relevant search available today," Pfeiffer said.

View Source At My Way


D, world destruction
Over and overture
N, do I need
Apostrophe T, need this torture?-They Might Be Giants
Sponsored Links
▼ Sponsored Links ▼ ▲ Sponsored Links ▲
Joined: Dec 2002
Posts: 3,255
Likes: 3
UGN Elite
UGN Elite
Joined: Dec 2002
Posts: 3,255
Likes: 3

Joined: Oct 2002
Posts: 955
UGN Super Poster
UGN Super Poster
Joined: Oct 2002
Posts: 955
Am I the only one finding amusement in the fact it is Bill Clinton working with the Chinese Government again and money is involved both ways smile

Joined: Dec 2002
Posts: 3,255
Likes: 3
UGN Elite
UGN Elite
Joined: Dec 2002
Posts: 3,255
Likes: 3
No. I caught it. But the man was is and allways will be shady. It just isn't news to me. He sold them the technology that would allow them to acurately launch nukes with pin point accuracy into the US.


Link Copied to Clipboard
Member Spotlight
None yet
Forum Statistics
Forums41
Topics33,840
Posts68,858
Members2,176
Most Online3,253
Jan 13th, 2020
Latest Postings
Top Posters
UGN Security 41,392
Gremelin 7,203
§intå× 3,255
SilentRage 1,273
Ice 1,146
pergesu 1,136
Infinite 1,041
jonconley 955
Girlie 908
unreal 860
Top Likes Received
Ghost 2
unreal 1
Crime 1
Ice 1
Dartur 1
Powered by UBB.threads™ PHP Forum Software 8.0.0