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LGN, a company specializing in distributed machine learning, deep learning, and AI technologies, today announced that it raised $2 million. The company says it’ll use the investment to bolster its product development and hiring efforts as it expands its market reach. In particular, LGN intends to pursue…
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Flex Logix, a startup designing reconfigurable AI accelerator chips, today announced that it closed a $55 million funding round led by Mithril Capital Management. CEO Geoff Tate says…
How synthetic data could save AI
March 21, 2021
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AI is facing several critical challenges. Not only does it need huge amounts of data to deliver accurate results, but it also needs to be able to ensure that data isn’t biased, and…
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Robotic process automation (RPA) is experiencing a watershed moment. Gartner estimates that 50% of U.S. health providers will invest in RPA over the next three years. Moreover, the overall RPA market is expected to grow by more than 7% annually over the next few years to reach $379.87 million by 2027, up…
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AI voice technology startup Replica Studios has launched a desktop app that makes it easier for game and filmmakers to create high-quality voice-over lines and dialogue.
The…
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The last year has seen a major spike in the adoption of AI models in production environments, in part driven by the need to drive digital business transformation initiatives. While…
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The field of artificial intelligence moves swiftly, with the pace of innovation only accelerating. While the software industry has been successful in deploying AI in production, the hardware industry — including automotive, industrial, and smart retail — is still in its infancy in terms of AI…
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Prior to the pandemic, average grocery profits hovered around 2%, mostly due to transportation and logistical inefficiencies. Shifting product demand and sales compounded these…
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Fetcher.ai, a recruitment platform that combines AI with human teams, today announced it has raised $6.5 million in a round led by G20 Ventures. The company, whose latest funding…
Robotics safety system developer Fort Robotics raises $13M to tackle workplace automation
March 19, 2021
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Fort Robotics, a startup developing a safety and security platform for robots, today announced it has raised $13 million in a funding round led by Prime Movers Lab. With the new investment, Fort says it will more than double the size of its workforce and expand its product offerings in “key…
