AI & RoboticsNews

Cnvrg.io develops on-demand service to run AI workloads across infrastructures

Cnvrg.io, the Intel-owned company that offers a platform to help data scientists build and deploy machine learning applications, has opened early access to a new managed service called Cnvrg.io Metacloud. The offering, as the company explains, gives AI developers the flexibility to run, test, and deploy AI and machine learning (ML) workloads on a mix of mainstream infrastructure and hardware…
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AI & RoboticsNews

AT&T and H2O collab on feature store for AI developers

Telecom giant AT&T and Mountain View, California-headquartered AI cloud company H2O have jointly launched an artificial intelligence feature store for enterprises. The repository, available as a paid software platform, enables data scientists, developers, and engineers…
AI & RoboticsNews

Microsoft acquires AI-powered moderation platform Two Hat

Microsoft today announced that it acquired Two Hat, an AI-powered content moderation platform, for an undisclosed amount. According to Xbox product services CVP Dave McCarthy, the purchase will combine the technology, research capabilities, teams, and cloud infrastructure of…
AI & RoboticsNews

Meal-prep service Gobble is serving curated courses with a side of AI

The booming meal kit segment of the food industry — the global market is estimated to hit $11.6 billion by 2022 — is leading to a crowded landscape. Gobble, a meal-prep service founded in 2010, distinguishes itself by focusing on delivering family-friendly meals that can be cooked in just 15 minutes. Gobble applies its Sprout algorithm to the weekly menu curation and recommendation process…
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AI & RoboticsNews

SlashNext, which uses AI to combat phishing, raises $26M

Phishing, a type of social engineering where an attacker sends a message designed to trick a victim into revealing sensitive information or installing malware or ransomware, is on the rise. According to recent research from Proofpoint, 75% of organizations around the world…
AI & RoboticsNews

Infrastructure and data issues hamper companies adopting AI, study finds

More than three-quarters of companies say that they have AI models that never come into use. For 20% of companies, the numbers look even worse, with only 10% of their models making it into production. That’s according to a new survey commissioned by Run:AI, which found that infrastructure challenges are causing resources to sit idle at companies investing in AI. “[I]f most AI models never make…
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AI & RoboticsNews

AI-powered spend management platform Yokoy secures $26M

Spend management platform Yokoy today announced that it raised $26 million in series A financing from Left Lane, with participation from prominent European investor Balderton Capital. The Zurich, Switzerland-based company says that it’ll use the new funding — which brings its total raised to $27.1 million — to expand across the U.S., Europe, and other regions around the world while enhancing…
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