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A clear majority of employees (87%) peg data quality issues as the reason their organizations failed to successfully implement AI and machine learning. That’s according to Alation’s latest quarterly State of Data Culture Report, produced in partnership with Wakefield Research, which also found that…
75F, an AI-powered HVAC management startup, nabs $4.75M
March 24, 2021
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75F, a Burnsville, Minnesota-based startup providing AI-powered building management technologies, today announced that it raised a $4.75 million extension to its $18 million series…
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Jumio, an AI platform that offers identity verification as a service, today announced the closure of an over $150 million fundraising round, bringing its total raised to $163…
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LGN, a company specializing in distributed machine learning, deep learning, and AI technologies, today announced that it raised $2 million. The company says it’ll use the investment to bolster its product development and hiring efforts as it expands its market reach. In particular, LGN intends to pursue…
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Flex Logix, a startup designing reconfigurable AI accelerator chips, today announced that it closed a $55 million funding round led by Mithril Capital Management. CEO Geoff Tate says…
How synthetic data could save AI
March 21, 2021
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AI is facing several critical challenges. Not only does it need huge amounts of data to deliver accurate results, but it also needs to be able to ensure that data isn’t biased, and…
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Robotic process automation (RPA) is experiencing a watershed moment. Gartner estimates that 50% of U.S. health providers will invest in RPA over the next three years. Moreover, the overall RPA market is expected to grow by more than 7% annually over the next few years to reach $379.87 million by 2027, up…
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AI voice technology startup Replica Studios has launched a desktop app that makes it easier for game and filmmakers to create high-quality voice-over lines and dialogue.
The…
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The last year has seen a major spike in the adoption of AI models in production environments, in part driven by the need to drive digital business transformation initiatives. While…
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The field of artificial intelligence moves swiftly, with the pace of innovation only accelerating. While the software industry has been successful in deploying AI in production, the hardware industry — including automotive, industrial, and smart retail — is still in its infancy in terms of AI…