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Facebook says it has developed an AI technique that enables machine learning models to only retain certain information while forgetting the rest. The company claims that the operation, Expire-Span, can predict information most relevant to a task at hand, allowing AI systems to process information at larger scales.
AI…
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Cloud-based authorization startup Authomize today announced that it raised $16 million in series A funding led by Innovation Endeavors, bringing the startup’s total raised to $22 million to date.
Join Transform 2021 this July 12-16. Register for the AI event of the year.
Optimal Dynamics, a New York-based startup applying AI to shipping logistics, today announced it has closed an $18.4 million round led by Bessemer Venture Partners. Optimal Dynamics says the funds…
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DeepScribe, an AI-driven platform for medical record-taking, today announced it has raised $5.2 million in a seed round led by Bee Partners. The company says the funding will be put toward product research and development, as well as hiring efforts.
Physicians spend on average 16 minutes updating electronic health…
Moogsoft rolls out new AIOps features
May 13, 2021
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AIOps startup Moogsoft this week announced the launch of new product capabilities and updates, including extended integration capabilities, incident workflow automations, and automatic event…
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DataRobot revealed yesterday during an online AI Experience Worldwide conference that it has acquired Zepl as part of a larger effort to enable data scientists to customize AI models developed on…
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Malicious actors are constantly finding ways to circumvent platforms’ policies and game their systems — and 2020 was no exception. According to online harassment tracker L1ght, in the first few weeks of the pandemic, there was a 40% increase in toxicity on popular gaming services including Discord. Anti-fraud experts…
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CFOs and other finance executives are optimistic that economic recovery is on the horizon: three-quarters (73 percent) expect that they will return to normal growth by the end of 2021, according to…
Edge AI chipset developer Sima.ai raises $80M
May 11, 2021
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Sima.ai, a company developing embedded edge hardware for machine learning applications, today announced that it raised $80 million in a series B round led by Fidelity Management & Research…
Join Transform 2021 this July 12-16. Register for the AI event of the year.
Mythic has raised $70 million to fund the analog-based AI processors it plans to launch later this year.
Mythic has spent nine years coming up with a patented, potentially disruptive way to compete with other makers of artificial intelligence chips. The company emphasizes energy efficiency and lower cost with its design…