AI & RoboticsNews

AI leaders back out of Web Summit after CEO’s comments about Israel

The ongoing Israel-Hamas conflict has rippled into the technology and artificial intelligence sector, as a number of industry leaders have withdrawn from the Web Summit in Lisbon, Europe’s premier technology conference. This decision comes in response to the event’s founder and CEO, Paddy Cosgrave, publicly decrying Israel’s retaliatory actions against Hamas as “war crimes.” I’m…
Read more
AI & RoboticsNews

Layer announces $3M seed to produce AI copilots that are ‘ten times’ faster than humans

AI copilots are increasingly the rage as the generative AI boom reaches its first-year anniversary (since the launch of OpenAI’s ChatGPT in November 2022). But even with companies from Microsoft to recruiting software iCIMS launching copilots — the question remains: how useful, reliable, and helpful will they be to end-users? Layer, a new startup based in Columbus, Ohio, seeks to help other…
Read more
AI & RoboticsNews

Smarter than humans in 5 years? The breakneck pace of AI

Geoffrey Hinton, often dubbed one of the “Godfathers of AI,” has been particularly outspoken since his retirement from Google earlier this year. He is credited with perfecting and popularizing “backpropagation,” a pivotal algorithm that enables multi-layer neural networks to correct their mistakes. This breakthrough has been instrumental in the success of deep learning technologies, which…
Read more
AI & RoboticsNews

Sparta aims to revolutionize commodity trading with AI-driven forecasting

Sparta, a startup that provides live market intelligence and forecasting insight for commodity traders, has announced a series A funding round of $17.5 million. The funding round was led by technology venture capital firm FirstMark, alongside existing shareholder Singular. The startup has built a platform that aims to transform the way traders gather, process, analyze and interpret data to inform…
Read more