Granulate, a startup developing a platform that optimizes computing infrastructure, today announced it has raised $30 million, bringing its total raised to $45.6 million. The company claims the cash infusion will help it develop products that reduce the time engineers spend tuning enterprise system performance, freeing them up to pursue potentially more creative, impactful, and challenging…
Reverie Labs, a startup using AI to develop new medicines, today announced the closure of its $25 million series A round. The company says the capital will be used to advance its internal and partnered drug discovery program, further develop its platform, and grow its team…
Experimental AI framework Vx2Text generates video captions using inferences from audio and text
February 3, 2021
A grand challenge in AI is developing a conversational system that can reliably understand the world and respond using natural language. Ultimately, solving it will require a model capable of extracting salient information from images, text, audio, and video and answering…
Microsoft has unveiled a raft of new updates for its 365 mobile apps, with new AI and natural language features in Outlook, Teams, Office Lens (now Microsoft Lens) and Office mobile, the company announced. It also introduced a new feature called “micro tasks” that let you do quick forms, polls and more in Office and Teams.
For Outlook on iOS users, Microsoft will soon introduce conversational…
Boston Dynamics trains Spot the robot dog to charge itself
February 3, 2021
Boston Dynamics is expanding its lineup of robotic dogs with a model that can self-charge. Spot Enterprise comes with a charging dock that allows the robot to replenish its batteries without the help of humans. As such, it can operate in remote or dangerous areas for…
Superb AI raises $9.3 million to annotate training data
February 2, 2021
San Mateo, California-based Superb AI, a startup developing a platform for AI-enabled training data, today announced that it closed a $9.3 million financing round. Cofounder and CEO Hyunsoo Kim said that the financing will allow the three-year-old company to ramp up hiring…
Case studies of successful AI startups
February 2, 2021
With tech giants pouring billions of dollars into artificial intelligence projects, it’s hard to see how startups can find their place and create successful business models that leverage AI. However, while fiercely competitive, the AI space is also constantly causing fundamental shifts in many sectors. And this creates the perfect environment for fast-thinking and -moving startups to carve a…
HappyFox today announced that it is using conversational AI to automatically resolve requests made to help or service desk platforms it supports via a Slack communications channel.
Assist AI from HappyFox analyzes each request made via Slack to determine if a way to solve…
HealthTensor, a Los Angeles, California-based startup creating software to augment medical decision-making, today announced it has raised $5 million. The company says the funds will be used to scale up operations and acquire new customers.
The global market for big data…
BioWare is the latest studio to turn to AI to help resurrect a game based on old technology. The studio revealed to media that it used AI to upscale all of textures in the upcoming Mass Effect: Legendary Edition bundle. This is only one small part in the remastering process, but it’s one that helped the development team create a strong foundation to work from.
“We knew we wanted to increase…
