Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of intelligent agents: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
What is a 'Beneficial Owner'. A beneficial owner is a person who enjoys the benefits of ownership even though title to some form of property is in another name.
A person who derives advantage from something, especially a trust, will, or life insurance policy. âAs the beneficiary of the first trust, you can continue to live in your home rent free.â. âIn the long term the newspaper itself is the beneficiary of a policy of free access.â. âAustralia would be the beneficiary of a policy it did not have to underwrite.â. âThe first of these was the right of a beneficiary under a trust for sale.â. âIf the settlor is to be a beneficiary of the trust, it would normally be a discretionary trust.â.