AI & RoboticsNews

With the Metaverse on the way, an AI bill of rights is urgent

November 15, 2021
There is a lot more than the usual amount of handwringing over AI these days. Former Google CEO Eric Schmidt and former US Secretary of State and National Security Advisor Henry Kissinger put out a new book last week warning of AI’s dangers. Fresh AI warnings have also been issued by professors Stuart Russell (UC Berkeley) and Youval Harari (University of Jerusalem). Op-eds from the editorial…
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AI & RoboticsNews

AI tech drives transformation of F1 racing

November 15, 2021
A short history of data in F1 Until the 1980s, cars were all mechanical. Computers were too large and slow to be useful on race cars, so the driver was the only source of “data” for the racing engineer. As amazing as drivers are at “feeling” the car, it’s tough for…
AI & RoboticsNews

Chip developer Cerebras bolsters AI-powered workload capabilities with $250M

November 15, 2021
Cerebras Systems, the California-based company that has built a “brain-scale” chip to power AI models with 120 trillion parameters, said today it has raised $250 million funding at a valuation of over $4 billion. Cerebras claims its technology significantly accelerates the time involved in today’s AI work processes at a fraction of the power and space. It also claims its innovations will…
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AI & RoboticsNews

Kodiak Robotics to expand autonomous trucking with $125M

November 10, 2021
Kodiak Robotics, a startup developing self-driving truck technologies, today announced that it raised $125 million in an oversubscribed series B round for a total of $165 million to date. The tranche — which includes investments from SIP Global Partners, Lightspeed Venture…
AI & RoboticsNews

Standard AI acquires ThirdEye and teams up to bolster autonomous checkout tech

November 10, 2021
San Francisco-headquartered Standard AI, a startup providing autonomous checkout technology for the retail industry, today announced it has completed the acquisition and hiring of the London-based computer vision startup ThirdEye Labs. The terms of the deal were not disclosed. Founded in 2017, Standard enables retailers to set up a cashier-free checkout experience. The company has developed a…
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AI & RoboticsNews

Report: 40% of execs say increasing business process efficiency is top benefit of AI

November 9, 2021
According to a new report from CognitiveScale, 40% of respondents identified increasing business process efficiency as the top benefit to gain from deploying AI, while another 36% of respondents identified improving customer service as the top benefit. The adoption of artificial intelligence is growing worldwide. The need to boost customer service, employee efficiency, and acceleration of…
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