Binance Labs, the venture capital and incubation arm of Binance, has committed $15 million to Xterio to boost its Web3 game platform with AI technologies.
Xterio is an operating company and strategic partner for Binance. Xterio aims to bridge free-to-play games and blockchain gaming with in-house and third-party games currently in development. The investment from Binance Labs will help Xterio…
Vendict emerges with $9.5M in funding to automate security compliance with generative AI
July 12, 2023
Today, enterprise software vendors must often fill out questionnaires proving they are compliant with the security requirements of the customers they seek to service — a highly manual, technical and time-consuming process.
Vendict wants to change all that. The Israeli…
Powered by Advanced Micro Devices chips, the LUMI supercomputer – recently ranked as the fastest supercomputer in Europe as well as one of the most energy efficient – has enabled the TurkuNLP Group to create new models quickly.
This kind of thing will fuel interest in…
Futureverse is launching its AI League “smart” soccer game on iOS today in partnership with the FIFA Women’s World Cup Australia & New Zealand 2023 tournament.
New Zealand-based Futureverse previously launched its “smart football” game in an open beta on Android, which resulted in over 50,000 downloads in the first three months. Futureverse previously announced in December 2022 that…
We still have a lot to figure out. That was my impression of a panel at our Transform 2023 event yesterday that drilled into the ethics of generative AI.
The panel was moderated by Philip Lawson, AI policy lead at the Armilla AI | Schwartz Reisman Institute for Technology…
This year’s VentureBeat Transform event focused on generative AI, the technology that has been causing massive change, excitement and concern over the past few months. VentureBeat CEO Matt Marshall opened the event with an observation that is becoming important for the…
Revolutionizing personalization: How generative AI propels growth with AI-driven customer insights
July 12, 2023
Over the past few years, generative AI has emerged as a transformative technology, its advanced algorithms revolutionizing industries by enhancing business processes, redefining human interactions and optimizing productivity. The technology enables the analysis and generation of natural language, fostering innovation and growth across diverse sectors.
For businesses, generative AI offers…
Generative AI is ‘everything, everywhere, all at once’ in the enterprise, says Mastercard CDO
July 12, 2023
What a difference a year makes: At the Women in AI breakfast that kicked off VentureBeat Transform 2023 in San Francisco this morning, Mastercard chief data officer JoAnn Stonier said that right now generative AI in the enterprise is like the Oscar-winning movie —…
Singularity 6 announced today that Palia, its cozy life sim/fantasy MMO, has both its closed and open betas in early August. More specifically, it’ll hold a closed beta on PC on August 2, and then its open beta releases on August 10. According to the developer, users who…
Embracing responsibility with explainable AI
July 12, 2023
Explainability is not a technology issue — it is a human issue.
Therefore, it is incumbent on humans to be able to explain and understand how AI models come to the inferences that they do, said Madhu Narasimhan, EVP and head of innovation, strategy, digital and innovation at Wells Fargo.
“That’s a key part of why explainable AI becomes so important,” she emphasized to the audience…
