AI & RoboticsNews

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

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

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

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

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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AI & RoboticsNews

Synthesis AI offers API for virtual humans

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Synthesis AI, a synthetic data company, has released HumanAPI, a new tool for generating virtual humans from synthetic data.  Virtual humans are…
AI & RoboticsNews

Nvidia unveils AI Omniverse Avatars for the virtual world

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Nvidia today unveiled Omniverse Avatar, a platform for generating immersive AI-driven avatars. The platform enables users to leverage speech AI, computer vision, natural language understanding, and simulation to create avatars that recognize speech and communicate with human users…
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