AI & Robotics

FundGuard, an AI-powered software-as-a-service investment management platform, today announced that it closed a $12 million funding round. The investment will spur product development to support existing partnerships, FundGuard says, in addition to helping to meet demand from alternative funds and insurers. AI is increasingly being used to manage assets toward the goal of maximizing returns on…

Leading up to Superbowl Sunday, Amazon flooded social media with coquettish ads teasing “Alexa’s new body.” Its gameday commercial depicts one woman’s fantasy of the AI voice assistant embodied by actor Michael B. Jordan, who seductively caters to her every whim — to the consternation of her increasingly irate husband. No doubt most viewers walked away giggling at the implausible idea of…

Google fired Margaret “Meg” Mitchell, lead of the Ethical AI team, today. The move comes just hours after Google announced diversity policy changes and Google AI chief Jeff Dean sent an apology in the wake of the firing of former Google AI ethics lead Timnit Gebru in late 2020. I’m fired. — MMitchell (@mmitchell_ai) February 19, 2021 Mitchell, a staff research scientist and…

Research into AI- and machine learning model-driven methods for health care suggests that they hold promise in the areas of phenotype classification, mortality and length-of-stay prediction, and intervention recommendation. But models have traditionally been treated as black boxes in the sense that the rationale behind their suggestions isn’t explained or justified. This lack of…