Lumiata, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it will use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021.
As many as 3.5 million adult hospital stays in 2017 — to the tune of nearly $34 billion — were considered potentially…
Google today launched Guest Mode, a new way to use Google Assistant on smart devices like Nest Audio and Nest Hub Max without having to sign into a Google account. First announced last fall, Guest Mode allows users to use Google Assistant-powered smart speakers and smart…
The AI arms race comes to enterprise content management
January 14, 2021
Enterprise content management (ECM) platforms that have historically been employed to manage files are, thanks to the rise of AI, about to evolve into central repositories for keeping track of relationships between a much wider range of types of data.
Fresh off raising an…
In the subfield of machine learning known as natural language processing (NLP), robustness testing is the exception rather than the norm. That’s particularly problematic in light of work showing that many NLP models leverage spurious connections that inhibit their performance outside of specific tests. One report found that 60% to 70% of answers given by NLP models were embedded somewhere in the…
Molecula, which is developing a cloud-based feature store for AI and machine learning workloads, today announced it has raised $17.6 million. The company says the proceeds will be put toward accelerating the launch of its managed cloud service and bolstering its sales and…
Nayya, an insurance benefits management platform, today announced it has closed $11 million in a series A round led by Felicis Ventures. Nayya says the funds will be put toward product research and development as it seeks to acquire new talent and customers.
Employees are…
Google trained a trillion-parameter AI language model
January 13, 2021
Parameters are the key to machine learning algorithms. They’re the part of the model that’s learned from historical training data. Generally speaking, in the language domain, the correlation between the number of parameters and sophistication has held up remarkably well. For example, OpenAI’s GPT-3 — one of the largest language models ever trained, at 175 billion parameters — can make…
What this bald eagle and neural network depiction have to do with future U.S. AI strategy
January 13, 2021
The White House Office of Science and Technology Policy (OSTP) today announced the launch of the National Artificial Intelligence Initiative Office, an organization that will coordinate and oversee national AI policy initiatives for the United States government.
“The…
M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper…
Dina raises $7 million for its AI-powered at-home care platform
January 11, 2021
Dina, a Chicago-based startup developing an AI-powered at-home care platform, today announced it has raised $7 million. The company says the capital will be used to expand its products and support its mission to help the health care industry transition to in-home care.
In response to the pandemic, companies like Current Health and Twistle have teamed up with Providence and other health care…
