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Cisco today unveiled updates across its Webex portfolio of communications products, including an integrated asynchronous camera feature, AI-powered sound, video enhancements, and a management service for hybrid in-person and virtual events. The company’s upgrades are designed to…
AI-powered spend management platform Yokoy secures $26M
October 26, 2021
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 Weekly: The intractable challenge of bias in AI
October 26, 2021
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…
Utilizing AI to improve mass transit
October 26, 2021
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 at a reasonable cost.
In most cities, however, mass transit systems like subways, buses, and planes already struggle to keep…
Chatbots have a checkered past of often not delivering the performance their providers have promised. This is especially true in the IT service management (ITSM) and multilingual NLP spaces, where service desks found support teams deluged with complaints — yes, about the…
4 things VCs get wrong about AI
October 24, 2021
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…
Mailchimp employs AI to boost email marketing campaigns
October 22, 2021
Earlier this month, Mailchimp released Content Optimizer, a new product that uses artificial intelligence to help improve the performance of email marketing campaigns.
Thanks to its vast trove of data, Mailchimp is in a unique position to discover common patterns of successful marketing campaigns. Content Optimizer taps into that data and uses machine learning models and business rules to predict…
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…
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 world, where a host of companies arose to offer personalization with new technologies like AI, but now the bigger companies…
