AI & RoboticsNews

New deep reinforcement learning technique helps AI to evolve

Hundreds of millions of years of evolution have produced a variety of life-forms, each intelligent in its own fashion. Each species has evolved to develop innate skills, learning capacities, and a physical form that ensures survival in its environment. But despite being inspired by nature and evolution, the field of artificial intelligence has largely focused on creating the elements of…
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AI & RoboticsNews

SlashNext, which uses AI to combat phishing, raises $26M

Phishing, a type of social engineering where an attacker sends a message designed to trick a victim into revealing sensitive information or installing malware or ransomware, is on the rise. According to recent research from Proofpoint, 75% of organizations around the world…
AI & RoboticsNews

Robotics-powered ‘microfulfillment’ startup Fabric raises $200M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Fabric, a startup developing a “microfulfillment” automation platform for retailers, today announced that it raised $200 million in series C funding led by Temasek with participation from Koch Disruptive Technologies, Union Tech Ventures, Harel Insurance & Finance…
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AI & RoboticsNews

AI-powered spend management platform Yokoy secures $26M

Spend management platform Yokoy today announced that it raised $26 million in series A financing from Left Lane, with participation from prominent European investor Balderton Capital. The Zurich, Switzerland-based company says that it’ll use the new funding — which…
AI & RoboticsNews

AI Weekly: The intractable challenge of bias in AI

Last week, Twitter shared research showing that the platform’s algorithms amplify tweets from right-of-center politicians and news outlets at the expense of left-leaning sources. Rumman Chowdhury, the head of Twitter’s machine learning, ethics, transparency, and accountability team, said in an interview with Protocol that while some of the behavior could be user-driven, the reason for the bias…
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AI & RoboticsNews

Utilizing AI to improve mass transit

Of all the ways AI is expected to improve modern life, perhaps none is more intriguing than its impact on mass transit. The pandemic will not last forever. So, at some point, people around the world will once again need to move from place to place quickly, efficiently, and…
AI & RoboticsNews

4 things VCs get wrong about AI

VCs have a detailed playbook for investing in software-as-a-service (SaaS) companies that has served them well in recent years. Successful SaaS businesses provide predictable, recurring revenue that can be grown by acquiring more subscriptions at little additional cost, making them an attractive investment. But the lessons that VCs have learned from their SaaS investments turn out not to be…
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