Managed enterprise AI startup DataRobot today announced an additional $50 million raise from strategic investors Snowflake Ventures, Salesforce Ventures, and Hewlett Packard Enterprise (HPE). Together, the fresh capital expands DataRobot’s series F round led by Altimeter to $320 million at a $2.8 billion valuation. That’s up from $270 million at a $2.7 billion valuation as of November.
The…
Parallel Domain, a startup developing a synthetic data generation platform for AI and machine learning applications, today emerged from stealth with $11 million in funding. The company, which has over 25 employees and customers in auto manufacturing and drone delivery, plans…
During IBM’s virtual AI Summit this week, the company announced updates across its Watson family of products in the areas of language, explainability, and workplace automation. A new feature called Reading Comprehension surfaces answers from databases of enterprise…
Microsoft launches effort to fight corruption with AI and other emerging technologies
December 9, 2020
Microsoft today announced the launch of Anti-Corruption Technology and Solutions (ACTS), an initiative it says will leverage cloud computing, data visualization, AI, machine learning, and other technologies over the next decade to “enhance transparency” and “detect and deter” corruption. With ACTS, Microsoft says it hopes to “bend the curve” of corruption by helping governments…
Google Cloud is increasing its bet on edge computing by partnering with 200 application developers whose services will now be available from datacenters closer to business customers. By expanding edge computing, Google is hoping to entice even more enterprises to turn to the…
Google’s Look to Speak taps gaze-tracking AI to help users with impairments communicate
December 8, 2020
Google today launched an experimental app for Android that leverages AI to make communication more accessible for people with speech and motor impairments. Called Look to Speak, it tracks eye movements to let people use their eyes to select prewritten, customizable phrases…
Few researchers thoroughly test adversarial attacks on surveillance AI in the real world
December 8, 2020
Advances in machine learning, particularly in computer vision and facial recognition, have enabled systems deployed by governments and private corporations to erode expectations of privacy. Adversarial attacks, or techniques that attempt to fool models with deceptive images, videos, and text, are one way to combat surveillance. But in a new paper, researchers from Microsoft, Harvard, Swarthmore…
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Europe’s funding for deep tech like AI and VR fell 13% in 2020
December 8, 2020
As European startups have tried to carve out a competitive edge against the U.S. and China, there has been a big push to promote so-called “deep tech.” And in recent years, there had indeed been a surge in European startups that were developing products based on…
(Reuters) — BMW has developed a data hub with Amazon’s cloud computing division, in a sign of how companies are increasingly using “big data” to try to boost efficiency.
“We want to switch from gut-driven decisions to data-driven decisions,” said Kai Demtroder, vice president of data transformation at BMW. “We have a few hundred data scientists at BMW, but the aim is to make the data…
