Nayya, an insurance benefits management platform, today announced it has closed $11 million in a series A round led by Felicis Ventures. Nayya says the funds will be put toward product research and development as it seeks to acquire new talent and customers.
Employees are often confused by the health benefits selection process, according to a report commissioned by IT firm Jellyvision. Almost half…
Google trained a trillion-parameter AI language model
January 13, 2021
Parameters are the key to machine learning algorithms. They’re the part of the model that’s learned from historical training data. Generally speaking, in the language domain, the correlation between the number of parameters and sophistication has held up remarkably well.
What this bald eagle and neural network depiction have to do with future U.S. AI strategy
January 13, 2021
The White House Office of Science and Technology Policy (OSTP) today announced the launch of the National Artificial Intelligence Initiative Office, an organization that will coordinate and oversee national AI policy initiatives for the United States government.
“The…
M-Files announced it has raised $80 million as the Finnish company develops AI that automates the messy process of organizing and tracking internal documents and data for enterprises. Bregal Milestone led the round, which included previous investors Partech, Tesi, and Draper Esprit.
M-Files’ goal is to make it easier for companies and employees to find the information and documents they need.
Dina raises $7 million for its AI-powered at-home care platform
January 11, 2021
Dina, a Chicago-based startup developing an AI-powered at-home care platform, today announced it has raised $7 million. The company says the capital will be used to expand its products and support its mission to help the health care industry transition to in-home care.
In…
Ambarella has unveiled the CV5 AI Vision Processor to handle 8K image processing for car, consumer, crone, and robot cameras.
The new 5-nanometer camera system on chip (SoC) is the latest in the company’s CVflow family, and it consumes under 2 watts of power. The chip is…
Researchers at Stanford have developed hardware that can run AI tasks quickly and energy-efficiently by harnessing special-built chips. A paper published in Nature Electronics describes the chips, each of which have data processors built next to their own memory storage, which leverage algorithms to meld eight separate cores into one AI processing engine called the Illusion System.
AI accelerators…
One longstanding goal of AI research is to allow robots to meaningfully interact with real-world environments. In a recent paper, researchers at Stanford and Facebook took a step toward this by extracting information related to actions like pushing or pulling objects with…
Equifax will pay $640 million for Kount’s AI-driven identity and fraud prevention tools
January 9, 2021
Equifax announced today that it would pay $640 million to acquire Kount, a company that uses artificial intelligence to drive its fraud prevention and digital identity services. In a press release, Equifax executives said the deal would allow the company to further expand…
AI Weekly: The future of tech policy after an attempted coup
January 9, 2021
On Wednesday, we witnessed a coup attempt fueled by racism, disinformation, and the President of the United States. Video of the U.S. Capitol breach shows that Trump supporters were permitted to violate multiple federal laws, desecrate the people’s house, undermine national security, and violently oppose the largest exercise of the right to vote since the founding of this nation. People died.
