Medtronic, the world’s largest medical device company, is significantly increasing its investments into AI and other technologies, in what it says is an effort to help the health care industry catch up with other industries.
While many other industries have embraced technology, health care has been slower. Studies reveal that only 20% of consumers would trust AI-generated health care…
NATO launches AI strategy and $1B fund as defense race heats up
October 22, 2021
The North Atlantic Treaty Organization (NATO), the military alliance of 30 countries that border the North Atlantic Ocean, this week announced that it would adopt its first AI strategy and launch a “future-proofing” fund with the goal of investing around $1 billion.
FACT-Finder, a company that offers ecommerce companies tools to personalize their site with things like AI-driven recommendations, said it has acquired Loop54, a company that provides personalized search results.
It’s the latest in a trend of consolidation in the ecommerce…
AI-driven strategies are becoming mainstream, survey finds
October 21, 2021
Deloitte today released the fourth edition of its State of AI in the Enterprise report, which surveyed 2,857 business decision-makers between March and May 2021 about their perception of AI technologies. Few organizations claim to be completely AI-powered, the responses show, but a significant percentage are beginning to adopt practices that could get them there.
In the survey, Deloitte explored…
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Deep North, a Foster City, California-based startup applying computer vision to security camera footage, today announced that it raised $16.7 million in a…
Nvidia announced today that Isaac, its developer toolbox for supporting AI-powered robotics, will deepen support of the Robot Operating System (ROS).
The announcement is being made this morning at ROS World 2021, a conference for developers, engineers, and hobbyists who work…
Intel open-sources AI-powered tool to spot bugs in code
October 21, 2021
Intel today open-sourced ControlFlag, a tool that uses machine learning to detect problems in computer code — ideally to reduce the time required to debug apps and software. In tests, the company’s machine programming research team says that ControlFlag has found hundreds of defects in proprietary, “production-quality” software, demonstrating its usefulness.
“Last year, ControlFlag…
AI model optimization startup Deci raises $21M
October 20, 2021
Tel Aviv, Israel-based Deci, a company developing a platform to optimize machine learning models, today announced that it raised $21 million in a series A round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Samsung Next, Vintage…
Instacart acquires smart checkout startup Caper AI for $350M
October 19, 2021
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Instacart today announced that it acquired Caper AI, a startup developing technologies to automate brick-and-mortar checkout experiences, for approximately…
SambaNova Systems, a company that builds advanced software, hardware, and services to run AI applications, announced the addition of the Generative Pre-trained Transformer (GPT) language model to its Dataflow-as-a-Service™ offering. This will enable greater enterprise adoption of AI, allowing organizations to launch their customized language model in much less time — less than one month…