AI & RoboticsNews

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, making them an attractive investment. But the lessons that VCs have learned from their SaaS investments turn out not to be…
Read more
AI & RoboticsNews

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…
AI & RoboticsNews

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. Military.com reports that U.S. Defense Secretary Lloyd Austin will join other NATO members in Brussels, Belgium, the alliance’s…
Read more
AI & RoboticsNews

Deep North, which uses AI to track people from camera footage, raises $16.7M

October 21, 2021
Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  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 series A-1 round. Led by Celesta Capital and Yobi Partners, with participation from Conviction Investment Partners, Deep North…
Read more
AI & RoboticsNews

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…
AI & RoboticsNews

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 Investment Partners, and Fort Ross Ventures. The investment, which comes a year after Deci’s $9.1 million seed round, brings the…
Read more