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What do we talk about when we talk about AI ethics? Just like AI itself, definitions for AI ethics seem to abound. A definition that seems to have garnered some consensus is that AI ethics is a system of moral principles and techniques intended to inform the development and responsible use of artificial…
How AI accelerates insurance claims processing
February 3, 2022
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The immediate aftermath of a vehicular crash is difficult for all parties involved. The drivers have to process the trauma, address injuries with medical attention, exchange…
Findability hopes to make AI adoption easier for enterprises
February 3, 2022
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These days, “big data” simply isn’t enough. To provide meaningful insights and valuable analytics for optimal decision making, companies must adopt the concept of “wide…
Pecan AI, which is developing a predictive analytics platform for enterprises, raises $66M
February 2, 2022
“Big data analytics” is perhaps the currency of the pandemic. The term describes the process of uncovering trends, patterns, and correlations in large amounts of data to help make decisions. Big data analytics is being used by a growing number of organizations to anticipate trends across industries — according to a 2020 NewVantage Partners survey, 64.2% of businesses claim that they’re…
HireEZ, formerly Hiretual, raises $26M to expand its AI-powered recruitment platform
February 2, 2022
Hiring tends to be a high-stakes endeavor, with the average length of the job interview process standing at about 27 days. Seventy-six percent of hiring staff say that attracting quality candidates is their biggest challenge, while candidates say that they’re often…
How video games could be used to generate AI training data
February 2, 2022
AI, like humans, learns from examples. Given enough data and time, an AI model can make sense of the statistical relationships well enough to generate predictions. That’s how OpenAI’s GPT-3 writes text from poetry to computer code, and how apps like Google Lens recognize…
Former Google AI exec joins Trax as chief product officer to enhance omnichannel shopping UX
February 2, 2022
Today, global computer vision retail solutions provider, Trax, announced that former Google AI and product leader, Barak Turovsky, is joining as the organization’s new chief product officer (CPO). The company says he will apply his AI expertise to help enhance the omnichannel shopping experience of retailers, brands, and consumers.
Turovsky spent a decade at Google, most recently as director…
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The pandemic has wreaked havoc on the carefully developed AI models many organizations had in place. With so many different variables shifting at the same time, what we’ve seen in many companies is that their models became unreliable or useless. Having good documentation…
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Today, computer vision (CV) cybersecurity startup, Pixm, announced it had raised $4.3 million in seed funding.
Pixm provides an AI-based browser…
How XpertRule’s multiple AI tools compare to BPM competitors
February 1, 2022
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As artificial intelligence and machine learning (ML) gain momentum in the design and engineering of next-generation applications, we’re eventually going to be seeing multiple instances of AI and ML engines in some apps to make them more effective.
That logic is now…