Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.
To practice trustworthy or responsible AI (AI that is truly fair, explainable, accountable, and robust), a number of organizations are creating in-house centers of excellence. These are groups of trustworthy AI stewards from across the business that can understand, anticipate, and mitigate any potential…
AI Weekly: Biden calls for $37 billion to address chip shortage
February 27, 2021
Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.
Shortly after a meeting with members of Congress on Wednesday, President Joe Biden signed an executive order that launches a review of supply chain vulnerabilities in the United…
NortonLifeLock’s AI-powered smartphone app blurs out sensitive information in photos
February 26, 2021
With some regularity, sensitive information finds its way into smartphones and other mobile devices. Much of it comes from the estimated 3.2 billion images uploaded every day — people screenshot documents like tickets, tax forms, and medical prescriptions without thinking…
Medisafe raises $30 million for predictive AI that reminds people to take their pills
February 26, 2021
Medisafe, a startup developing a personalized medication management platform to help patients stay on top of their prescriptions, today announced it has raised $30 million. The company says this new investment will enable it to expand its solutions while accelerating revenue.
According to a review in the Annals of Internal Medicine, 20% to 30% of medication prescriptions are never filled, and…
Armorblox, a cybersecurity startup using natural language understanding to protect enterprise communications, today announced that it raised $30 million in series B venture capital funding. The company plans to use the funds to scale operations as it grows the size of its…
January AI, a startup developing a platform that predicts diabetic patients’ responses to certain foods, today announced that it raised $8.8 million. Notable investors in the round included Salesforce CEO Marc Benioff, YouTube cofounder Steve Chen, and former Yahoo! CEO…
Otter.ai raises $50 million for AI transcription
February 26, 2021
AI transcription startup Otter.ai today announced it has raised $50 million in a series B round that includes $10 million in convertible notes and was led by Spectrum Equity. With the funds, the company plans to triple its headcount over the next year as it hires across its AI, deep learning, natural language processing, frontend and backend engineering, and leadership teams.
There’s no shortage…
Zelros raises $11 million for AI that personalizes insurance plans
February 25, 2021
Insurance tech startup Zelros today announced that it raised $11 million in series A funding led by BGV. The company plans to use the capital to scale operations across Europe and expand into North America, a spokesperson told VentureBeat.
The insurance tech market is red…
Band of AI startups launch ‘rebel alliance’ for interoperability
February 25, 2021
More than 20 AI startups have banded together to create the AI Infrastructure Alliance in order to build a software and hardware stack for machine learning and adopt common standards. The alliance brings together companies like Algorithmia; Determined AI, which works with…
AI researchers detail obstacles to data sharing in Africa
February 24, 2021
AI researchers say data sharing is a key part of economic growth in Africa but that it faces a number of common obstacles, including the threat of data colonialism. The African data market is expected to grow steadily in the coming years, and the African Data Centre trade organization predicts the African data market will need hundreds of new datacenters to meet demand in the coming decade.
In a…
