AI & RoboticsNews

AI Weekly: AI model training costs on the rise, highlighting need for new solutions

This week, Microsoft and Nvidia announced that they trained what they claim is one of the largest and most capable AI language models to date: Megatron-Turing Natural Language Generation (MT-NLP). MT-NLP contains 530 billion parameters — the parts of the model learned from historical data — and achieves leading accuracy in a broad set of tasks, including reading comprehension and natural…
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AI & RoboticsNews

Report: 80% of consumers prefer to speak with AI to avoid long hold times

A new survey conducted by Replicant found that nearly 80% of consumers indicated they would prefer to speak with a virtual agent or machine to avoid long hold times. Moreover, 57% of consumers would speak with conversational AI even if the hold time was only five minutes. Beyond consumers’ willingness to speak with AI, the survey found pervasive customer service problems, with 91% of consumers…
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AI & RoboticsNews

No-code AI analytics may soon automate data science jobs

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! SparkBeyond, a company that helps analysts use AI to generate new answers to business problems without requiring any code, today has released its product SparkBeyond Discovery. The company aims to automate the job of a data scientist. Typically, a data scientist looking to solve…
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AI & RoboticsNews

AI edge chip startup Hailo lands $136M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Hailo, a startup developing AI accelerator chips for edge devices, today announced that it raised $136 million in a series C funding round led by Poalim…
AI & RoboticsNews

Cloud optimization startup Cast AI raises $10M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Cast AI, a cloud optimization and management platform, today announced that it raised $10 million in series A funding led by Cota Capital, with Samsung…
AI & RoboticsNews

AmplifAI’s data-powered people enablement platform gets a $18.5M investment

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Can artificial intelligence and data inspire employees to perform at their very best? If you ask Sean Minter, CEO and founder of the data-driven people enablement platform AmplifAI, the answer is an unequivocal yes. And as of today, the six-year-old startup has a lot more cash on…
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